Annuncio • Apr 30
Carnation Industries Limited to Report Q4, 2026 Results on May 05, 2026 Carnation Industries Limited announced that they will report Q4, 2026 results on May 05, 2026 Board Change • Apr 06
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Non-Executive Independent Director Mansi Gupta is the most experienced director on the board, commencing their role in 2024. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Mar 23
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Non-Executive Independent Director Mansi Gupta is the most experienced director on the board, commencing their role in 2024. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Annuncio • Jan 20
Carnation Industries Limited to Report Q3, 2026 Results on Jan 27, 2026 Carnation Industries Limited announced that they will report Q3, 2026 results on Jan 27, 2026 Annuncio • Oct 14
Carnation Industries Limited to Report First Half, 2026 Results on Oct 17, 2025 Carnation Industries Limited announced that they will report first half, 2026 results on Oct 17, 2025 Board Change • Oct 07
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Non-Executive Independent Director Mansi Gupta is the most experienced director on the board, commencing their role in 2024. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Annuncio • Sep 08
Carnation Industries Limited, Annual General Meeting, Sep 30, 2025 Carnation Industries Limited, Annual General Meeting, Sep 30, 2025, at 12:30 Indian Standard Time. Annuncio • Aug 09
Carnation Industries Limited to Report Q1, 2026 Results on Aug 13, 2025 Carnation Industries Limited announced that they will report Q1, 2026 results on Aug 13, 2025 Annuncio • May 24
Carnation Industries Limited to Report Q4, 2025 Results on May 29, 2025 Carnation Industries Limited announced that they will report Q4, 2025 results on May 29, 2025 Annuncio • Jan 28
Carnation Industries Limited to Report Q3, 2025 Results on Jan 30, 2025 Carnation Industries Limited announced that they will report Q3, 2025 results at 9:15 AM, Indian Standard Time on Jan 30, 2025 Annuncio • Nov 20
Carnation Industries Limited announced a financing transaction CARNATION INDUSTRIES LIMITED announced a private placement to issue 3,457,160 Equity Shares on November 18, 2024. The transaction has been approved by shareholders of company. New Risk • Sep 17
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Shares are highly illiquid. Market cap is less than US$10m (₹22.4m market cap, or US$267.6k). New Risk • Aug 26
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 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 Shares are highly illiquid. Negative equity (-₹27m). Revenue is less than US$1m. Market cap is less than US$10m (₹20.6m market cap, or US$246.3k). Minor Risk Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). New Risk • Apr 20
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 8.5% 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 Less than 1 year of cash runway based on free cash flow trend (-₹2.3m free cash flow). Negative equity (-₹27m). Revenue is less than US$1m. Market cap is less than US$10m (₹22.5m market cap, or US$269.5k). Minor Risk Share price has been volatile over the past 3 months (8.5% average weekly change). New Risk • Dec 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 7.4% 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 Less than 1 year of cash runway based on free cash flow trend (-₹2.3m free cash flow). Negative equity (-₹27m). Revenue is less than US$1m. Market cap is less than US$10m (₹31.6m market cap, or US$379.2k). Minor Risk Share price has been volatile over the past 3 months (7.4% average weekly change). Annuncio • Aug 22
Carnation Industries Limited, Annual General Meeting, Sep 15, 2023 Carnation Industries Limited, Annual General Meeting, Sep 15, 2023, at 11:30 Indian Standard Time. Agenda: To receive and adopt the Audited Financial Statement of the Company for the year ended 31st March, 2023 together with the Reports of the Board of Directors and the Auditors thereon; To appoint a Director in place of Mr. Ravindra Prakash Sehgal who retires by rotation and being eligible, offers himself for re-appointment. Board Change • Jul 13
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. Independent Additional Director Subir Chatterjee was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • May 26
Carnation Industries Limited Announces Resignation of Sanjay Agarwal as Company Secretary and Compliance Officer Carnation Industries Limited announced resignation of Sanjay Agarwal as Company Secretary and Compliance Officer. Board Change • Dec 06
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Additional Director Subir Chatterjee was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Aug 24
Carnation Industries Limited, Annual General Meeting, Sep 28, 2022 Carnation Industries Limited, Annual General Meeting, Sep 28, 2022, at 11:00 Indian Standard Time. Reported Earnings • May 30
Full year 2022 earnings released: ₹0.51 loss per share (vs ₹5.98 loss in FY 2021) Full year 2022 results: ₹0.51 loss per share (up from ₹5.98 loss in FY 2021). Revenue: ₹18.1m (flat on FY 2021). Net loss: ₹1.75m (loss narrowed 92% from FY 2021). Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Additional Director Subir Chatterjee was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 06
Full year 2021 earnings released: ₹5.98 loss per share (vs ₹0.99 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: ₹883.0k (down 99% from FY 2020). Net loss: ₹20.7m (down ₹24.1m from profit in FY 2020). Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 14
Third quarter 2021 earnings released: ₹1.29 loss per share (vs ₹39.44 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: ₹4.0k (down 100% from 3Q 2020). Net loss: ₹4.45m (down 103% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has fallen by 50% per year, which means it is significantly lagging earnings. Annuncio • Feb 03
Carnation Industries Limited to Report Q3, 2021 Results on Feb 13, 2021 Carnation Industries Limited announced that they will report Q3, 2021 results on Feb 13, 2021 Annuncio • Jan 31
S. P. Mahato & Others agreed to acquire Production Unit from Carnation Industries Limited (BSE:530609) for INR 30.5 million. S. P. Mahato & Others agreed to acquire Production Unit from Carnation Industries Limited (BSE:530609) for INR 30.5 million on January 28, 2021. As of December 31, 2020 Production Unit generated a revenue of INR 77.8 million. The transaction is expected to close within three months of entering into the agreement. Is New 90 Day High Low • Jan 04
New 90-day high: ₹5.75 The company is up 22% from its price of ₹4.72 on 06 October 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 34% over the same period. Valuation Update With 7 Day Price Move • Nov 24
Market bids up stock over the past week After last week's 15% share price gain to ₹5.40, the stock is trading at a trailing P/E ratio of 2.4x, up from the previous P/E ratio of 2x. This compares to an average P/E of 13x in the Metals and Mining industry in India. Total return to shareholders over the past three years is a loss of 87%. Is New 90 Day High Low • Nov 05
New 90-day low: ₹4.09 The company is down 32% from its price of ₹6.03 on 06 August 2020. The Indian market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 1.0% over the same period. Annuncio • Sep 06
Carnation Industries Limited to Report Q1, 2021 Results on Sep 14, 2020 Carnation Industries Limited announced that they will report Q1, 2021 results on Sep 14, 2020 