New Risk • Jun 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 32% per year over the past 5 years. Revenue is less than US$1m (₹2.4m revenue, or US$25k). Market cap is less than US$10m (₹44.5m market cap, or US$467.7k). Minor Risks Negative equity (-₹53m). Share price has been volatile over the past 3 months (8.7% average weekly change). Buy Or Sell Opportunity • Apr 16
Now 20% undervalued The stock has been flat over the last 90 days, currently trading at ₹3.69. The fair value is estimated to be ₹4.63, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 81% over the last 3 years. Meanwhile, the company became loss making. New Risk • Mar 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 40% per year over the past 5 years. Revenue is less than US$1m (₹756k revenue, or US$8.2k). Market cap is less than US$10m (₹43.8m market cap, or US$477.2k). Minor Risks Negative equity (-₹50m). Share price has been volatile over the past 3 months (7.4% average weekly change). Buy Or Sell Opportunity • Mar 06
Now 21% undervalued Over the last 90 days, the stock has risen 30% to ₹3.64. The fair value is estimated to be ₹4.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 81% over the last 3 years. Meanwhile, the company became loss making. Ankündigung • Feb 06
VXL Instruments Limited to Report Q3, 2026 Results on Feb 13, 2026 VXL Instruments Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Feb 13, 2026 New Risk • Jan 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 36% per year over the past 5 years. Revenue is less than US$1m (₹756k revenue, or US$8.4k). Market cap is less than US$10m (₹45.3m market cap, or US$502.3k). Minor Risks Negative equity (-₹50m). Share price has been volatile over the past 3 months (6.8% average weekly change). Reported Earnings • Aug 21
First quarter 2026 earnings released: ₹0.05 loss per share (vs ₹0.64 loss in 1Q 2025) First quarter 2026 results: ₹0.05 loss per share (improved from ₹0.64 loss in 1Q 2025). Net loss: ₹651.0k (loss narrowed 92% from 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance. New Risk • Jul 08
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 8.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.7% average weekly change). Negative equity (-₹48m). Earnings have declined by 28% per year over the past 5 years. Revenue is less than US$1m (₹6.6m revenue, or US$77k). Market cap is less than US$10m (₹67.0m market cap, or US$782.3k). New Risk • Jul 02
New major risk - Negative shareholders equity The company has negative equity. Total equity: -₹48m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Negative equity (-₹48m). Earnings have declined by 28% per year over the past 5 years. Revenue is less than US$1m (₹8.2m revenue, or US$96k). Market cap is less than US$10m (₹64.0m market cap, or US$746.5k). Minor Risk Share price has been volatile over the past 3 months (8.4% average weekly change). New Risk • Jun 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹5.3m free cash flow). Revenue is less than US$1m (₹16m revenue, or US$192k). Market cap is less than US$10m (₹64.8m market cap, or US$758.4k). Minor Risk Share price has been volatile over the past 3 months (8.3% average weekly change). Reported Earnings • Feb 17
Third quarter 2025 earnings released: ₹0.25 loss per share (vs ₹0.57 loss in 3Q 2024) Third quarter 2025 results: ₹0.25 loss per share (improved from ₹0.57 loss in 3Q 2024). Revenue: ₹351.0k (down 99% from 3Q 2024). Net loss: ₹3.31m (loss narrowed 57% from 3Q 2024). Ankündigung • Feb 12
VXL Instruments Limited Announces Resignation of Hemant Agarwal as Company Secretary & Compliance Officer VXL Instruments Limited informed that Mr. Hemant Agarwal, Company Secretary & Compliance Officer and Key Managerial Personnel of the Company, has tendered his resignation with effect from 1 February, 2025, from the said position to pursue career opportunities. Mr. Hemant Agarwal has informed that there are no other reasons for his resignation other than those provided in the resignation letter. The RP of the Company has accepted the resignation and fixed the relieving date as February 1, 2025, after working hours. The Company has commenced the process of shortlisting the potential candidates for the said role and the same shall be finalized within the prescribed timelines under the SEBI (LODR) Regulations. The Company shall make required disclosure pursuant to such appointment at the relevant time. Ankündigung • Feb 11
VXL Instruments Limited to Report Q3, 2025 Results on Feb 14, 2025 VXL Instruments Limited announced that they will report Q3, 2025 results on Feb 14, 2025 New Risk • Dec 12
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹5.3m free cash flow). Share price has been highly volatile over the past 3 months (9.3% average weekly change). Revenue is less than US$1m (₹40m revenue, or US$472k). Market cap is less than US$10m (₹68.1m market cap, or US$802.4k). Reported Earnings • Nov 16
Second quarter 2025 earnings released: ₹0.14 loss per share (vs ₹0.59 loss in 2Q 2024) Second quarter 2025 results: ₹0.14 loss per share (improved from ₹0.59 loss in 2Q 2024). Revenue: ₹353.0k (down 97% from 2Q 2024). Net loss: ₹1.92m (loss narrowed 76% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Ankündigung • Nov 08
VXL Instruments Limited to Report Q2, 2025 Results on Nov 14, 2024 VXL Instruments Limited announced that they will report Q2, 2025 results on Nov 14, 2024 New Risk • Oct 01
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹5.9m free cash flow). Revenue is less than US$1m (₹53m revenue, or US$632k). Market cap is less than US$10m (₹98.5m market cap, or US$1.17m). Minor Risk Share price has been volatile over the past 3 months (7.7% average weekly change). New Risk • Sep 18
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₹5.9m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹5.9m free cash flow). Revenue is less than US$1m (₹53m revenue, or US$632k). Market cap is less than US$10m (₹86.7m market cap, or US$1.04m). Ankündigung • Sep 11
VXL Instruments Limited, Annual General Meeting, Sep 28, 2024 VXL Instruments Limited, Annual General Meeting, Sep 28, 2024, at 11:00 Indian Standard Time. Location: daji parab sabhagruh, near ramdhut building, mahadev palav marg, curry road (east),-400012, mumbai India Reported Earnings • Aug 16
First quarter 2025 earnings released: ₹0.64 loss per share (vs ₹0.39 loss in 1Q 2024) First quarter 2025 results: ₹0.64 loss per share (further deteriorated from ₹0.39 loss in 1Q 2024). Revenue: ₹6.68m (down 78% from 1Q 2024). Net loss: ₹8.52m (loss widened 64% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Ankündigung • Aug 08
VXL Instruments Limited to Report Q1, 2025 Results on Aug 14, 2024 VXL Instruments Limited announced that they will report Q1, 2025 results on Aug 14, 2024 Ankündigung • May 26
VXL Instruments Limited to Report Q4, 2024 Results on May 30, 2024 VXL Instruments Limited announced that they will report Q4, 2024 results on May 30, 2024 Board Change • Apr 07
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Hema Kiran was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Mar 29
VXL Instruments Limited Announces Resignation of Vittal Mangalore Shetty as Whole Time Director, with Effect from 30 April, 2024 VXL Instruments Limited announced that Mr. Vittal Mangalore Shetty, Whole Time Director of the Company has signified his intention to resign from the Office of Whole Time Director and Director of the Company after spending more than four decades in the Company as one of the Promotors. He has intimated that his advancing age and declining health have forced him to take this decision. He has further informed that his last day at VXL Instruments Limited will be 30th of April, 2024. New Risk • Mar 08
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 11% per year over the past 5 years. Market cap is less than US$10m (₹91.9m market cap, or US$1.11m). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Revenue is less than US$5m (₹95m revenue, or US$1.2m). Ankündigung • Jan 30
VXL Instruments Limited to Report Q3, 2024 Results on Feb 08, 2024 VXL Instruments Limited announced that they will report Q3, 2024 results on Feb 08, 2024 New Risk • Nov 14
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 11% per year over the past 5 years. Market cap is less than US$10m (₹89.8m market cap, or US$1.08m). Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Revenue is less than US$5m (₹95m revenue, or US$1.1m). Reported Earnings • Aug 12
First quarter 2024 earnings released: ₹0.39 loss per share (vs ₹0.01 profit in 1Q 2023) First quarter 2024 results: ₹0.39 loss per share (down from ₹0.01 profit in 1Q 2023). Revenue: ₹30.8m (up 46% from 1Q 2023). Net loss: ₹5.19m (down ₹5.30m from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 50% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Aug 11
VXL Instruments Limited, Annual General Meeting, Sep 14, 2023 VXL Instruments Limited, Annual General Meeting, Sep 14, 2023, at 15:00 Indian Standard Time. Ankündigung • Aug 03
VXL Instruments Limited to Report Q1, 2024 Results on Aug 10, 2023 VXL Instruments Limited announced that they will report Q1, 2024 results on Aug 10, 2023 New Risk • Jul 13
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 8.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.7% average weekly change). Earnings have declined by 8.7% per year over the past 5 years. Market cap is less than US$10m (₹93.7m market cap, or US$1.14m). Minor Risk Revenue is less than US$5m (₹86m revenue, or US$1.0m). Ankündigung • Jun 20
VXL Instruments Limited Appoints Sachi Lakhotia as Company Secretary and Compliance Officer VXL Instruments Limited announced that in continuation to intimation made on May 26, 2023, the company informed that Ms. Sachi Lakhotia (holding ACS M.No: 71563), assumed her office as Company Secretary and Compliance Officer with effect from June 19, 2023. Reported Earnings • May 30
Full year 2023 earnings released: ₹1.09 loss per share (vs ₹0.073 loss in FY 2022) Full year 2023 results: ₹1.09 loss per share (further deteriorated from ₹0.073 loss in FY 2022). Revenue: ₹91.7m (down 31% from FY 2022). Net loss: ₹15.0m (loss widened ₹14.1m from FY 2022). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has increased by 77% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • May 27
VXL Instruments Limited Appoints Sachi Lakhotia, as Company Secretary and Compliance Officer, with Effect from 19 June, 2023 VXL Instruments Limited approved appointment of Ms. Sachi Lakhotia, as Company Secretary and Compliance Officer, with effect from 19 June, 2023. Ms. Sachi Lakhotia is an Associate Member of the Institute of Company Secretaries of India (ICSI) with membership number A71563 and holds a degree in Arts and LLB. Prior to joining VXL Instruments Limited, she was working as an Associate at SNM & Associates, Bengaluru. Ankündigung • May 20
VXL Instruments Limited to Report Q4, 2023 Results on May 26, 2023 VXL Instruments Limited announced that they will report Q4, 2023 results on May 26, 2023 Ankündigung • May 13
VXL Instruments Limited Announces Executive Changes VXL Instruments Limited informed vide letter dated 22 April, 2023, informed that Ms. Reshma M was relieved from the Offices of Company Secretary and Compliance Officer of the company with effect from the closure of the business hours of the company on May 12, 2023. In the interim, Mr. Mahesh Kumar K V, Chief Financial Officer of the company has been appointed as the Compliance Officer of the company. Reported Earnings • Feb 14
Third quarter 2023 earnings released: ₹0.52 loss per share (vs ₹0.24 loss in 3Q 2022) Third quarter 2023 results: ₹0.52 loss per share (further deteriorated from ₹0.24 loss in 3Q 2022). Revenue: ₹17.8m (down 30% from 3Q 2022). Net loss: ₹6.90m (loss widened 119% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has only increased by 72% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 13
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to ₹10.67, the stock trades at a trailing P/E ratio of 33.9x. Average trailing P/E is 13x in the Tech industry in Asia. Total returns to shareholders of 444% over the past three years. Ankündigung • Jan 23
VXL Instruments Limited to Report Q3, 2023 Results on Feb 11, 2023 VXL Instruments Limited announced that they will report Q3, 2023 results on Feb 11, 2023 Valuation Update With 7 Day Price Move • Jan 17
Investor sentiment improved over the past week After last week's 21% share price gain to ₹8.97, the stock trades at a trailing P/E ratio of 28.5x. Average trailing P/E is 12x in the Tech industry in Asia. Total returns to shareholders of 372% over the past three years. Valuation Update With 7 Day Price Move • Nov 29
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹7.77, the stock trades at a trailing P/E ratio of 24.7x. Average trailing P/E is 13x in the Tech industry in Asia. Total returns to shareholders of 493% over the past three years. Ankündigung • Nov 05
VXL Instruments Limited to Report Q2, 2023 Results on Nov 14, 2022 VXL Instruments Limited announced that they will report Q2, 2023 results on Nov 14, 2022 Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment improved over the past week After last week's 19% share price gain to ₹7.90, the stock trades at a trailing P/E ratio of 73.4x. Average trailing P/E is 13x in the Tech industry in Asia. Total returns to shareholders of 445% over the past three years. Valuation Update With 7 Day Price Move • Sep 23
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹6.50, the stock trades at a trailing P/E ratio of 60.4x. Average trailing P/E is 14x in the Tech industry in Asia. Total returns to shareholders of 253% over the past three years. Valuation Update With 7 Day Price Move • Aug 17
Investor sentiment improved over the past week After last week's 21% share price gain to ₹7.00, the stock trades at a trailing P/E ratio of 65x. Average trailing P/E is 14x in the Tech industry in Asia. Total returns to shareholders of 143% over the past three years. Reported Earnings • Aug 11
First quarter 2023 earnings released: EPS: ₹0.01 (vs ₹0.17 loss in 1Q 2022) First quarter 2023 results: EPS: ₹0.01 (up from ₹0.17 loss in 1Q 2022). Revenue: ₹27.6m (up 9.8% from 1Q 2022). Net income: ₹113.0k (up ₹2.40m from 1Q 2022). Profit margin: 0.4% (up from net loss in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Ankündigung • Aug 06
VXL Instruments Limited, Annual General Meeting, Sep 21, 2022 VXL Instruments Limited, Annual General Meeting, Sep 21, 2022, at 12:00 Indian Standard Time. Ankündigung • Aug 05
VXL Instruments Limited Appoints Reshma M as Company Secretary and Compliance Officer VXL Instruments Limited announced the appointment of Ms. Reshma M as Company Secretary and Compliance Officer, with effect from 3 August, 2022. Ms. Reshma M, is a qualified Company Secretary and having academic qualification of B. Com_ from Seshadripuram College, Bangalore in the year 2006 and LLB from BES College of Law in the year 2021. She is having Six years of experience in the field of Company Law, corporate Secretarial and FEMA matters. Ankündigung • Jul 28
VXL Instruments Limited to Report Q1, 2023 Results on Aug 03, 2022 VXL Instruments Limited announced that they will report Q1, 2023 results on Aug 03, 2022 Ankündigung • Jun 02
VXL Instruments Limited Announces Resignation of Roopa Hegde as Company Secretary and Compliance Officer VXL Instruments Limited announced the resignation of Ms. Roopa Hegde as Company Secretary and Compliance Officer. Ankündigung • May 20
VXL Instruments Limited to Report Q4, 2022 Results on May 26, 2022 VXL Instruments Limited announced that they will report Q4, 2022 results on May 26, 2022 
