Reported Earnings • May 16
Full year 2026 earnings: Revenues and EPS in line with analyst expectations Full year 2026 results: EPS: ₹21.61 (down from ₹24.88 in FY 2025). Revenue: ₹9.89b (up 2.3% from FY 2025). Net income: ₹2.30b (down 13% from FY 2025). Profit margin: 23% (down from 27% in FY 2025). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 20% per year, which means it is performing significantly worse than earnings. Annonce • Apr 24
Clean Science and Technology Limited to Report Q4, 2026 Results on May 14, 2026 Clean Science and Technology Limited announced that they will report Q4, 2026 results on May 14, 2026 Reported Earnings • Feb 01
Third quarter 2026 earnings: EPS and revenues miss analyst expectations Third quarter 2026 results: EPS: ₹4.32 (down from ₹6.18 in 3Q 2025). Revenue: ₹2.29b (down 4.7% from 3Q 2025). Net income: ₹458.8m (down 30% from 3Q 2025). Profit margin: 20% (down from 27% in 3Q 2025). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 6.1%. Earnings per share (EPS) also missed analyst estimates by 8.7%. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings. Annonce • Jan 15
Clean Science and Technology Limited to Report Q3, 2026 Results on Jan 31, 2026 Clean Science and Technology Limited announced that they will report Q3, 2026 results at 9:08 AM, Indian Standard Time on Jan 31, 2026 Reported Earnings • Nov 07
Second quarter 2026 earnings: EPS misses analyst expectations Second quarter 2026 results: EPS: ₹5.22 (down from ₹5.53 in 2Q 2025). Revenue: ₹2.51b (up 5.5% from 2Q 2025). Net income: ₹554.3m (down 5.6% from 2Q 2025). Profit margin: 22% (down from 25% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 9.4%. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings. Annonce • Oct 14
Clean Science and Technology Limited to Report Q2, 2026 Results on Nov 06, 2025 Clean Science and Technology Limited announced that they will report Q2, 2026 results on Nov 06, 2025 Annonce • Sep 11
Clean Science and Technology Limited Declares Final Dividend for the Financial Year Ended March 31, 2025 Clean Science and Technology Limited in the 22nd Annual General Meeting held on September 11, 2025 declared final dividend of INR. 4/- (400 %) per Equity Share of INR 1/- each fully paid up for the Financial Year ended 31st March, 2025. Upcoming Dividend • Aug 28
Upcoming dividend of ₹4.00 per share Eligible shareholders must have bought the stock before 04 September 2025. Payment date: 26 September 2025. Payout ratio is a comfortable 24% and the cash payout ratio is 89%. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (0.7%). Annonce • Aug 21
Promoters Reportedly May Offload 24% Stake in Clean Science for over INR 26,265 Million Promoters Ashok Boob and Krishnakumar Boob may offload a 24% stake in Clean Science and Technology Limited (NSEI:CLEAN) for over INR 26,265 million in a block deal on exchanges on 21 August 2025, according to a term sheet seen by ET. The promoters and related entities may sell a combined 2.55 crore shares in the deal. JP Morgan India will act as the brokers to the transaction. The deal may be executed at a floor price of INR 1,030 per share, a 12.8% discount to 21 August 2025 closing price of INR 1,180.8. As of June 30, the promoter group held a 74.97% stake in Clean Science. Declared Dividend • Jul 20
Dividend increased to ₹4.00 Dividend of ₹4.00 is 33% higher than last year. Ex-date: 4th September 2025 Payment date: 26th September 2025 Dividend yield will be 0.5%, which is lower than the industry average of 0.8%. Sustainability & Growth Dividend is covered by both earnings (24% earnings payout ratio) and cash flows (89% cash payout ratio). The dividend has increased by an average of 23% per year over the past 3 years. However, payments have been volatile during that time. EPS is expected to grow by 83% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jul 18
First quarter 2026 earnings: EPS and revenues miss analyst expectations First quarter 2026 results: EPS: ₹6.59 (up from ₹6.21 in 1Q 2025). Revenue: ₹2.56b (up 14% from 1Q 2025). Net income: ₹700.6m (up 6.3% from 1Q 2025). Profit margin: 27% (down from 29% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 7.8%. Earnings per share (EPS) also missed analyst estimates by 7.2%. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Annonce • Jul 17
Clean Science and Technology Limited, Annual General Meeting, Sep 11, 2025 Clean Science and Technology Limited, Annual General Meeting, Sep 11, 2025. Annonce • Jul 08
Clean Science and Technology Limited to Report Q1, 2026 Results on Jul 17, 2025 Clean Science and Technology Limited announced that they will report Q1, 2026 results at 9:08 AM, Indian Standard Time on Jul 17, 2025 Reported Earnings • May 23
Full year 2025 earnings: Revenues and EPS in line with analyst expectations Full year 2025 results: EPS: ₹24.88 (up from ₹22.97 in FY 2024). Revenue: ₹10.1b (up 27% from FY 2024). Net income: ₹2.64b (up 8.4% from FY 2024). Profit margin: 26% (down from 31% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Annonce • May 01
Clean Science and Technology Limited to Report Q4, 2025 Results on May 22, 2025 Clean Science and Technology Limited announced that they will report Q4, 2025 results on May 22, 2025 Reported Earnings • Jan 31
Third quarter 2025 earnings: EPS exceeds analyst expectations Third quarter 2025 results: EPS: ₹6.18 (up from ₹5.89 in 3Q 2024). Revenue: ₹2.46b (up 26% from 3Q 2024). Net income: ₹656.4m (up 4.8% from 3Q 2024). Profit margin: 27% (down from 32% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 12%. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Annonce • Jan 30
Clean Science and Technology Limited Declares Interim Dividend for the Financial Year 2024-25, Payable on February 21, 2025 Clean Science and Technology Limited declared Interim Dividend of INR 2/- (200%) per Equity Share of the face value of INR 1/- each for the Financial Year 2024-25. Interim dividend shall be paid to the equity shareholders whose name appears in the Register of Member of the Company as on 7th February, 2025 being Record Date fixed for the purpose. The interim dividend will be paid on 21 February, 2025. Annonce • Jan 20
Clean Science and Technology Limited to Report Q3, 2025 Results on Jan 30, 2025 Clean Science and Technology Limited announced that they will report Q3, 2025 results on Jan 30, 2025 Buy Or Sell Opportunity • Dec 10
Now 29% overvalued Over the last 90 days, the stock has fallen 11% to ₹1,399. The fair value is estimated to be ₹1,085, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has grown by 5.5%. For the next 3 years, revenue is forecast to grow by 25% per annum. Earnings are also forecast to grow by 24% per annum over the same time period. Buy Or Sell Opportunity • Nov 22
Now 21% overvalued Over the last 90 days, the stock has fallen 16% to ₹1,299. The fair value is estimated to be ₹1,075, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has grown by 5.5%. For the next 3 years, revenue is forecast to grow by 25% per annum. Earnings are also forecast to grow by 24% per annum over the same time period. Reported Earnings • Nov 08
Second quarter 2025 earnings: EPS misses analyst expectations Second quarter 2025 results: EPS: ₹5.53 (up from ₹4.91 in 2Q 2024). Revenue: ₹2.49b (up 38% from 2Q 2024). Net income: ₹587.5m (up 13% from 2Q 2024). Profit margin: 24% (down from 29% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 18%. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Annonce • Oct 16
Clean Science and Technology Limited to Report Q2, 2025 Results on Nov 07, 2024 Clean Science and Technology Limited announced that they will report Q2, 2025 results on Nov 07, 2024 Upcoming Dividend • Aug 22
Upcoming dividend of ₹3.00 per share Eligible shareholders must have bought the stock before 29 August 2024. Payment date: 20 September 2024. Payout ratio is a comfortable 22% but the company is paying out more than the cash it is generating. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.1%). Lower than average of industry peers (0.6%). Price Target Changed • Aug 04
Price target increased by 8.3% to ₹1,568 Up from ₹1,448, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of ₹1,650. Stock is up 26% over the past year. The company is forecast to post earnings per share of ₹29.35 for next year compared to ₹22.97 last year. Reported Earnings • Aug 02
First quarter 2025 earnings: EPS and revenues miss analyst expectations First quarter 2025 results: EPS: ₹6.21 (up from ₹5.55 in 1Q 2024). Revenue: ₹2.34b (up 24% from 1Q 2024). Net income: ₹659.3m (up 12% from 1Q 2024). Profit margin: 28% (down from 31% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 11%. Earnings per share (EPS) also missed analyst estimates by 12%. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Annonce • Aug 01
Clean Science and Technology Limited, Annual General Meeting, Sep 05, 2024 Clean Science and Technology Limited, Annual General Meeting, Sep 05, 2024. Annonce • Jul 09
Clean Science and Technology Limited to Report Q1, 2025 Results on Aug 01, 2024 Clean Science and Technology Limited announced that they will report Q1, 2025 results on Aug 01, 2024 Reported Earnings • May 17
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: ₹22.97 (down from ₹27.79 in FY 2023). Revenue: ₹8.33b (down 11% from FY 2023). Net income: ₹2.44b (down 17% from FY 2023). Profit margin: 29% (down from 32% in FY 2023). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) also surpassed analyst estimates by 2.8%. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Chemicals industry in India. Annonce • May 16
Clean Science and Technology Limited Recommends Final Dividend for the Year Ended March 31, 2024 The Board of Directors of Clean Science and Technology Limited at their meeting held on May 15, 2024 have approved the recommended final dividend of INR 3 (300%) per Equity Share of the face value of INR 1 each for members at the upcoming Annual General Meeting which will be held within stipulated timeline as per the provisions of the Companies Act, 2013. The Book closure and dividend payment date will be determined later for the said dividend. Annonce • Apr 22
Clean Science and Technology Limited to Report Q4, 2024 Results on May 15, 2024 Clean Science and Technology Limited announced that they will report Q4, 2024 results on May 15, 2024 Board Change • Mar 01
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. 6 highly experienced directors. Non-Executive Independent Director Madhu Dubhashi was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Declared Dividend • Feb 07
Dividend of ₹2.00 announced Shareholders will receive a dividend of ₹2.00. Ex-date: 12th February 2024 Payment date: 23rd February 2024 Dividend yield will be 0.4%, which is lower than the industry average of 0.8%. Sustainability & Growth Dividend is covered by earnings (21% earnings payout ratio) but not covered by cash flows (150% cash payout ratio). The dividend has increased by an average of 36% per year over the past 2 years and payments have been stable during that time. EPS is expected to grow by 98% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 04
Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2024 results: EPS: ₹5.89 (down from ₹7.89 in 3Q 2023). Revenue: ₹2.03b (down 15% from 3Q 2023). Net income: ₹626.3m (down 25% from 3Q 2023). Profit margin: 31% (down from 35% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) exceeded analyst estimates by 6.4%. Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Chemicals industry in India. Annonce • Jan 13
Clean Science and Technology Limited to Report Q3, 2024 Results on Feb 03, 2024 Clean Science and Technology Limited announced that they will report Q3, 2024 results on Feb 03, 2024 Reported Earnings • Nov 03
Second quarter 2024 earnings: EPS and revenues miss analyst expectations Second quarter 2024 results: EPS: ₹4.91 (down from ₹6.40 in 2Q 2023). Revenue: ₹1.87b (down 24% from 2Q 2023). Net income: ₹521.9m (down 23% from 2Q 2023). Profit margin: 28% (in line with 2Q 2023). Revenue missed analyst estimates by 9.0%. Earnings per share (EPS) also missed analyst estimates by 17%. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Chemicals industry in India. Price Target Changed • Oct 24
Price target increased by 8.1% to ₹1,542 Up from ₹1,427, the current price target is an average from 9 analysts. New target price is 16% above last closing price of ₹1,332. Stock is down 18% over the past year. The company is forecast to post earnings per share of ₹26.51 for next year compared to ₹27.79 last year. Annonce • Oct 13
Clean Science and Technology Limited to Report Q2, 2024 Results on Nov 02, 2023 Clean Science and Technology Limited announced that they will report Q2, 2024 results on Nov 02, 2023 Annonce • Aug 11
Clean Science and Technology Limited Approves Final Dividend for the Year Ended March 31, 2023 Clean Science and Technology Limited announced that at its AGM held on August 10, 2023, shareholders approved the final dividend of INR 3 (300%) per equity share of INR 1 each for the year ended March 31, 2023. Price Target Changed • Aug 06
Price target decreased by 8.7% to ₹1,408 Down from ₹1,542, the current price target is an average from 10 analysts. New target price is 7.5% above last closing price of ₹1,309. Stock is down 20% over the past year. The company is forecast to post earnings per share of ₹27.07 for next year compared to ₹27.79 last year. Upcoming Dividend • Jul 27
Upcoming dividend of ₹3.00 per share at 0.5% yield Eligible shareholders must have bought the stock before 03 August 2023. Payment date: 25 August 2023. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (0.9%). Annonce • Jul 25
Clean Science and Technology Limited to Report Q1, 2024 Results on Aug 03, 2023 Clean Science and Technology Limited announced that they will report Q1, 2024 results on Aug 03, 2023 Reported Earnings • Jul 15
Full year 2023 earnings: EPS in line with expectations, revenues disappoint Full year 2023 results: EPS: ₹27.79 (up from ₹21.51 in FY 2022). Revenue: ₹9.36b (up 37% from FY 2022). Net income: ₹2.95b (up 29% from FY 2022). Profit margin: 32% (down from 33% in FY 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Chemicals industry in India. Recent Insider Transactions • May 31
Non-Executive Chairman recently sold ₹317m worth of stock On the 29th of May, Pradeep Kumar Rathi sold around 225k shares on-market at roughly ₹1,406 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Pradeep Kumar's only on-market trade for the last 12 months. Annonce • May 19
Clean Science and Technology Limited, Annual General Meeting, Aug 10, 2023 Clean Science and Technology Limited, Annual General Meeting, Aug 10, 2023. Agenda: To consider amendments in Clean Science and Technology Limited Employee Stock Option Scheme, 2021. Reported Earnings • May 19
Full year 2023 earnings: EPS in line with expectations, revenues disappoint Full year 2023 results: EPS: ₹27.79 (up from ₹21.51 in FY 2022). Revenue: ₹9.66b (up 41% from FY 2022). Net income: ₹2.95b (up 29% from FY 2022). Profit margin: 31% (down from 33% in FY 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Chemicals industry in India. Annonce • May 19
Clean Science and Technology Recommends Final Dividend for the Financial Year Ended 31st March 2023 Payable on 25th August 2023 Clean Science and Technology Limited at the board meeting held on May 18, 2023 recommended final dividend of INR 3 (300%) per Equity Share of the face value of INR 1 each for the Financial Year ended 31st March 2023 . The Final dividend if declared will be paid on 25th August 2023. Reported Earnings • Feb 04
Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2023 results: EPS: ₹7.89 (up from ₹5.46 in 3Q 2022). Revenue: ₹2.50b (up 38% from 3Q 2022). Net income: ₹837.9m (up 45% from 3Q 2022). Profit margin: 34% (up from 32% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.4%. Earnings per share (EPS) exceeded analyst estimates by 14%. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Chemicals industry in India. Annonce • Jan 24
Clean Science and Technology Limited to Report Q3, 2023 Results on Feb 02, 2023 Clean Science and Technology Limited announced that they will report Q3, 2023 results on Feb 02, 2023 Recent Insider Transactions • Jan 03
Insider recently sold ₹522k worth of stock On the 30th of December, Warekar Hindurao sold around 355 shares on-market at roughly ₹1,469 per share. This transaction amounted to 98% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹6.6m more than they bought in the last 12 months. Price Target Changed • Nov 28
Price target decreased to ₹1,709 Down from ₹1,879, the current price target is an average from 6 analysts. New target price is 13% above last closing price of ₹1,516. Stock is down 25% over the past year. The company is forecast to post earnings per share of ₹26.72 for next year compared to ₹21.51 last year. Reported Earnings • Oct 21
Second quarter 2023 earnings: EPS misses analyst expectations Second quarter 2023 results: EPS: ₹6.40 (up from ₹5.04 in 2Q 2022). Revenue: ₹2.50b (up 63% from 2Q 2022). Net income: ₹679.5m (up 27% from 2Q 2022). Profit margin: 27% (down from 35% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 8.1%. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Chemicals industry in India. Annonce • Oct 18
Clean Science and Technology Limited to Report Q2, 2023 Results on Oct 20, 2022 Clean Science and Technology Limited announced that they will report Q2, 2023 results on Oct 20, 2022 Recent Insider Transactions • Sep 28
Insider recently sold ₹1.3m worth of stock On the 21st of September, Pravin Shingade sold around 660 shares on-market at roughly ₹1,908 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹6.0m more than they bought in the last 12 months. Recent Insider Transactions • Sep 09
Insider recently sold ₹1.2m worth of stock On the 5th of September, Rohidas Kale sold around 660 shares on-market at roughly ₹1,772 per share. This transaction amounted to 92% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought ₹914k more than they sold in the last 12 months. Recent Insider Transactions • Sep 02
Insider recently sold ₹179k worth of stock On the 25th of August, Kasat Rajkishor sold around 100 shares on-market at roughly ₹1,785 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹357k. Despite this recent sale, insiders have collectively bought ₹2.7m more than they sold in the last 12 months. Annonce • Aug 10
Clean Science and Technology Limited Approves Final Dividend for the Year Ended March 31, 2022 Clean Science and Technology Limited approved the declaration of final dividend of INR 3.25 per equity share of INR 1 each for the year ended March 31, 2022, at its annual general meeting held on August 8, 2022. Recent Insider Transactions • Aug 08
Insider recently sold ₹357k worth of stock On the 3rd of August, Kundekar Krushna sold around 209 shares on-market at roughly ₹1,707 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought ₹2.9m more than they sold in the last 12 months. Annonce • Jul 16
Clean Science and Technology Limited to Report Q1, 2023 Results on Jul 27, 2022 Clean Science and Technology Limited announced that they will report Q1, 2023 results on Jul 27, 2022 Reported Earnings • Jul 13
Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2022 results: EPS: ₹21.51 (up from ₹18.68 in FY 2021). Revenue: ₹6.85b (up 34% from FY 2021). Net income: ₹2.28b (up 15% from FY 2021). Profit margin: 33% (down from 39% in FY 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) missed analyst estimates by 7.9%. Over the next year, revenue is forecast to grow 31%, compared to a 17% growth forecast for the industry in India. Reported Earnings • May 30
Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2022 results: EPS: ₹21.51 (up from ₹18.68 in FY 2021). Revenue: ₹7.15b (up 40% from FY 2021). Net income: ₹2.28b (up 15% from FY 2021). Profit margin: 32% (down from 39% in FY 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) missed analyst estimates by 7.9%. Over the next year, revenue is forecast to grow 19%, compared to a 17% growth forecast for the industry in India. Annonce • May 29
Clean Science and Technology Limited, Annual General Meeting, Aug 08, 2022 Clean Science and Technology Limited, Annual General Meeting, Aug 08, 2022. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Non-Executive Independent Director Madhu Dubhashi 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. Recent Insider Transactions • Feb 16
Non-Executive Independent Director recently bought ₹3.2m worth of stock On the 11th of February, Madhu Dubhashi bought around 2k shares on-market at roughly ₹2,166 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Annonce • Aug 28
Clean Science and Technology Limited Announces Update on R&D Breakthrough Clean Science and Technology Limited announced that its foray into Hindered Amine Light Stabilizers (HALS) series. HALS series comprises a range of products which find application in diverse end industries including polymerization inhibitor, water treatment, paint industry, coatings industry etc. The estimated market size for HALS series globally is approximately USD 1 billion. CSTL would be the first company to develop HALS series in India. Company has successfully developed key products in HALS series using in house R&D capabilities, at lab and pilot scale. The ongoing capex at Unit 3 is towards existing and new products. In Unit 3, Company is launching first line of production dedicated towards HALS series, which is expected to commercialize by H2 FY2023. Besides, additional production lines will also be installed in Unit 4 for manufacturing products under HALS series.