New Risk • Nov 15
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended September 2022. This is considered a major 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. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported September 2022 fiscal period end). Shares are highly illiquid. Revenue is less than US$1m (₹79m revenue, or US$946k). Market cap is less than US$10m (₹92.3m market cap, or US$1.11m). Minor Risk Negative equity (-₹38m). Board Change • Sep 04
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. Non-Executive Independent Director Dilip Prabhune was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annonce • Feb 08
Dhanada Corporation Limited to Report Q3, 2023 Results on Feb 14, 2023 Dhanada Corporation Limited announced that they will report Q3, 2023 results on Feb 14, 2023 Reported Earnings • Nov 20
Second quarter 2023 earnings released: ₹0.22 loss per share (vs ₹0.32 loss in 2Q 2022) Second quarter 2023 results: ₹0.22 loss per share (improved from ₹0.32 loss in 2Q 2022). Revenue: ₹20.3m (up 89% from 2Q 2022). Net loss: ₹12.2m (loss narrowed 31% from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 55% per year, which means it is well ahead of earnings. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. Non-Executive Independent Director Dilip Prabhune was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annonce • Nov 05
Dhanada Corporation Limited to Report Q2, 2023 Results on Nov 14, 2022 Dhanada Corporation Limited announced that they will report Q2, 2023 results on Nov 14, 2022 Annonce • Oct 04
Dhanada Corporation Limited Announces Resignation of Company Secretary / Compliance Officer Dhanada Corporation Limited informed that the Board of Directors in its meeting held on 3rd October 2022 have approved and accepted the resignation received from Ms. Parul Rathore [M. No. 64202], Company Secretary and Compliance Officer of the Company with immediate effect. Annonce • Sep 18
Dhanada Corporation Limited, Annual General Meeting, Sep 30, 2022 Dhanada Corporation Limited, Annual General Meeting, Sep 30, 2022, at 16:00 Indian Standard Time. Agenda: To receive, consider and adopt the audited Statement of Profit and Loss for the year ended on 31 March 2022 and the Balance Sheet as on that date together with Report of Auditors and Directors thereon and annexures thereto; to appoint a Director in place of Mrs. Veena R. Havele who retires by rotation and being eligible offers herself for re-appointment; and to consider other matters. Reported Earnings • Aug 18
First quarter 2023 earnings released: ₹0.23 loss per share (vs ₹0.32 loss in 1Q 2022) First quarter 2023 results: ₹0.23 loss per share (up from ₹0.32 loss in 1Q 2022). Revenue: ₹23.1m (up ₹20.6m from 1Q 2022). Net loss: ₹12.9m (loss narrowed 29% from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 41% per year, which means it is well ahead of earnings. Annonce • Aug 17
Dhanada Corporation Limited Announces Resignation of Parul Rathore as Company Secretary and Compliance Officer The management of Dhanada Corporation Limited has received a notice from Ms. Parul Rathore, Company Secretary and Compliance Officer of the Company for resignation from the post of Company Secretary and Compliance Officer. Annonce • Aug 06
Dhanada Corporation Limited to Report Q1, 2023 Results on Aug 12, 2022 Dhanada Corporation Limited announced that they will report Q1, 2023 results on Aug 12, 2022 Reported Earnings • Jun 02
Full year 2022 earnings released: ₹1.12 loss per share (vs ₹1.06 loss in FY 2021) Full year 2022 results: ₹1.12 loss per share (down from ₹1.06 loss in FY 2021). Revenue: ₹50.2m (up 71% from FY 2021). Net loss: ₹62.8m (loss widened 6.3% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings. Annonce • May 24
Dhanada Corporation Limited to Report Q4, 2022 Results on May 30, 2022 Dhanada Corporation Limited announced that they will report Q4, 2022 results on May 30, 2022 Board Change • May 10
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. Non-Executive Independent Director Dilip Prabhune was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 17
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: ₹0.16 loss per share (vs ₹0.16 loss in 3Q 2021). Revenue: ₹20.1m (up 55% from 3Q 2021). Net loss: ₹9.17m (loss widened 4.3% from 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Annonce • Feb 04
Dhanada Corporation Limited to Report Q3, 2022 Results on Feb 14, 2022 Dhanada Corporation Limited announced that they will report Q3, 2022 results on Feb 14, 2022 Reported Earnings • Nov 18
Second quarter 2022 earnings released: ₹0.32 loss per share (vs ₹0.24 loss in 2Q 2021) The company reported a solid second quarter result with improved revenues and control over costs, although losses increased. Second quarter 2022 results: Revenue: ₹10.9m (up 113% from 2Q 2021). Net loss: ₹17.6m (loss widened 30% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Board Change • Sep 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. Non-Executive Independent Director Dilip Prabhune was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Jul 03
Full year 2021 earnings released: ₹1.06 loss per share (vs ₹0.59 loss in FY 2020) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: ₹30.2m (down 68% from FY 2020). Net loss: ₹59.1m (loss widened 78% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Feb 18
New 90-day high: ₹3.10 The company is up 16% from its price of ₹2.68 on 20 November 2020. The Indian market is up 21% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Hospitality industry, which is up 13% over the same period. Reported Earnings • Feb 17
Third quarter 2021 earnings released: ₹0.16 loss per share (vs ₹0.05 loss in 3Q 2020) The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: ₹13.0m (down 57% from 3Q 2020). Net loss: ₹8.79m (loss widened 208% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Annonce • Feb 07
Dhanada Corporation Limited to Report Q3, 2021 Results on Feb 14, 2021 Dhanada Corporation Limited announced that they will report Q3, 2021 results on Feb 14, 2021 Is New 90 Day High Low • Jan 21
New 90-day low: ₹2.11 The company is down 19% from its price of ₹2.59 on 23 October 2020. The Indian market is up 24% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 28% over the same period. Annonce • Nov 04
Dhanada Corporation Limited to Report Q2, 2021 Results on Nov 11, 2020 Dhanada Corporation Limited announced that they will report Q2, 2021 results on Nov 11, 2020 Annonce • Aug 25
Dhanada Corporation Limited Provides Earnings Guidance for the First Quarter and Second Quarter of Fiscal Year 2021 Since the situation is exceptional and is changing dynamically, the Company is not in a position to gauge with certainty, the future impact on its operations. The company believes there will be impact in sales volumes, revenue, and profitability for first quarter and second quarter of fiscal year 2021 as the company's operations are presently shut in and will gradually ramp up only after the resolution of the pandemic. However, the Company is confident about adapting to the changing business environment and respond suitably to fulfill the needs of its customers. Revenues are expected to be softer in the initial phase of the lockdown and for some time after the lifting of the lockdown mainly due to lower occupancies & limited food and beverage off take arising out of reduced business and leisure travel. Annonce • Aug 18
Dhanada Corporation Limited to Report Q1, 2021 Results on Aug 25, 2020 Dhanada Corporation Limited announced that they will report Q1, 2021 results on Aug 25, 2020 