Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹45.99, the stock trades at a trailing P/E ratio of 65x. Average trailing P/E is 49x in the Multiline Retail industry in India. Total returns to shareholders of 2,051% over the past three years. New Risk • Mar 15
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 221% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (221% increase in shares outstanding). Minor Risks Dividend is not well covered by cash flows (284% cash payout ratio). Share price has been volatile over the past 3 months (7.5% average weekly change). Market cap is less than US$100m (₹3.04b market cap, or US$32.8m). Annuncio • Mar 07
iStreet Network Limited Announces Resignation of Bhargeshwar Banerji as Independent Director, Effective March 7, 2026 iStreet Network Limited this is to inform that Mr. Bhargeshwar Banerji, vide his resignation email dated March 7, 2026, has tendered his resignation from the post of Independent Director of the Company with immediate effect. Reason for Resignation is Due to personal commitments. Valuation Update With 7 Day Price Move • Mar 05
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹45.36, the stock trades at a trailing P/E ratio of 19.7x. Average trailing P/E is 39x in the Multiline Retail industry in India. Total returns to shareholders of 2,147% over the past three years. Valuation Update With 7 Day Price Move • Feb 19
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹38.99, the stock trades at a trailing P/E ratio of 16.9x. Average trailing P/E is 43x in the Multiline Retail industry in India. Total returns to shareholders of 1,642% over the past three years. New Risk • Feb 17
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹875.6m (US$9.65m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₹875.6m market cap, or US$9.65m). Minor Risk Share price has been volatile over the past 3 months (8.3% average weekly change). Annuncio • Jan 23
iStreet Network Limited to Report Q3, 2026 Results on Jan 30, 2026 iStreet Network Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Jan 30, 2026 Valuation Update With 7 Day Price Move • Dec 31
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹53.45, the stock trades at a trailing P/E ratio of 50.9x. Average trailing P/E is 65x in the Multiline Retail industry in India. Total returns to shareholders of 2,158% over the past three years. New Risk • Dec 13
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 65% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). High level of non-cash earnings (367% accrual ratio). Shareholders have been substantially diluted in the past year (65% increase in shares outstanding). Minor Risks Dividend is not well covered by cash flows (146% cash payout ratio). Revenue is less than US$5m (₹379m revenue, or US$4.2m). Market cap is less than US$100m (₹1.74b market cap, or US$19.2m). Annuncio • Dec 05
iStreet Network Limited announced that it has received INR 230.325002 million in funding from Milestone Movies Private Limited and other investors On December 4, 2025, iStreet Network Limited closed the transaction. The company issued 22,000,001 equity shares at an issue price of INR 6 for gross proceeds of INR 132,000,006 and 65,549,997 warrants at an issue price of INR 1.5 for gross proceeds of INR 98,324,995.5 for gross proceeds of INR 230,325,001.5. The warrant exercise price will be of INR 4.5. The transaction includes participation from Milestone Movies Private Limited for 833,333 shares and 833,333 warrants, Alpesh Desai for 1,666,667 shares, Rahul Shah for 416,667 shares, Mridul Munet for 833,334 shares and 833,333 warrants, Ganesh Jadhav for 833,333 shares, Tejpal Salian for 416,667 warrants and other investors. The company has received approval from the board of directors. Valuation Update With 7 Day Price Move • Dec 03
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹51.55, the stock trades at a trailing P/E ratio of 29.8x. Average trailing P/E is 54x in the Multiline Retail industry in India. Total returns to shareholders of 1,957% over the past three years. New Risk • Nov 21
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹874.8m (US$9.77m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.4% average weekly change). High level of non-cash earnings (367% accrual ratio). Market cap is less than US$10m (₹874.8m market cap, or US$9.77m). Minor Risk Revenue is less than US$5m (₹379m revenue, or US$4.2m). Valuation Update With 7 Day Price Move • Nov 19
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to ₹45.50, the stock trades at a trailing P/E ratio of 26.3x. Average trailing P/E is 58x in the Multiline Retail industry in India. Total returns to shareholders of 1,680% over the past three years. New Risk • Nov 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 7.0% 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 Risk High level of non-cash earnings (367% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Revenue is less than US$5m (₹379m revenue, or US$4.3m). Market cap is less than US$100m (₹1.39b market cap, or US$15.7m). Annuncio • Oct 11
iStreet Network Limited to Report Q2, 2026 Results on Oct 17, 2025 iStreet Network Limited announced that they will report Q2, 2026 results on Oct 17, 2025 Valuation Update With 7 Day Price Move • Sep 17
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹15.53, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 87x in the Multiline Retail industry in India. Total returns to shareholders of 498% over the past three years. Board Change • Aug 14
High number of new and inexperienced directors There are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. 1 experienced director. No highly experienced directors. Non-Executive Independent Director Suresh Jain is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Annuncio • Jul 22
iStreet Network Limited to Report Q1, 2026 Results on Jul 29, 2025 iStreet Network Limited announced that they will report Q1, 2026 results on Jul 29, 2025 Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹5.96, the stock trades at a trailing P/E ratio of 52x. Average trailing P/E is 98x in the Multiline Retail industry in India. Total returns to shareholders of 55% over the past three years. Annuncio • May 21
iStreet Network Limited to Report Q4, 2025 Results on May 29, 2025 iStreet Network Limited announced that they will report Q4, 2025 results on May 29, 2025 Board Change • Jan 06
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. 3 experienced directors. 1 highly experienced director. Non-Executive Independent Director Ravindra Kala 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. Annuncio • Dec 26
iStreet Network Limited to Report Q3, 2025 Results on Jan 04, 2025 iStreet Network Limited announced that they will report Q3, 2025 results at 12:15 PM, Indian Standard Time on Jan 04, 2025 Annuncio • Dec 10
iStreet Network Limited Announced Resignation of Sanjeev Chhajjed as Independent Director iStreet Network Limited informed that Mr. Sanjeev Chhajjed has resigned from the post of Independent Director of the company with effect from 09th December 2024. The details required in terms of Regulation 30 read with Schedule IIl - Para A(7B) of Part A of the Listing Regulations and SEBI Circulars issued in this regard, are given in Annexure - I The email of resignation received from Mr. Sanjeev Chhajjed is enclosed herewith as Annexure - II. Annuncio • Dec 06
iStreet Network Limited Announces Appointment of Akshay Sapkal as CFO iStreet Network Limited announced that the Board of Directors of the Company has appointed Mr. Akshay Sapkal as CFO of the company by passing board resolution on 06th December 2024 pursuant to the provisions of the Companies Act, 2013 and SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. Akshay Sapkal is Master of Commerce from Mumbai University and is a Accountant by profession. He is a Finance professional with 03 years of rich global experience. He was associated as an Accountant with M/s. BOHARA SHAH & CO (CA Firm). Akshay has extensive experience in taxation, financial accounting and reporting. New Risk • Nov 15
New major risk - Revenue and earnings growth Earnings have declined by 5.0% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. 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 (-₹55k free cash flow). Share price has been highly volatile over the past 3 months (9.4% average weekly change). Negative equity (-₹18m). Earnings have declined by 5.0% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₹70.9m market cap, or US$840.0k). New Risk • Nov 11
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 9.2% 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 (-₹1.1m free cash flow). Share price has been highly volatile over the past 3 months (9.2% average weekly change). Negative equity (-₹18m). Revenue is less than US$1m. Market cap is less than US$10m (₹71.1m market cap, or US$843.2k). Annuncio • Nov 06
iStreet Network Limited to Report Q2, 2025 Results on Nov 13, 2024 iStreet Network Limited announced that they will report Q2, 2025 results on Nov 13, 2024 Board Change • Sep 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. 3 experienced directors. 2 highly experienced directors. Additional Non-Executive Independent Director Ravindra Kala 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. Annuncio • Aug 16
iStreet Network Limited, Annual General Meeting, Sep 28, 2024 iStreet Network Limited, Annual General Meeting, Sep 28, 2024, at 11:00 Indian Standard Time. Annuncio • Aug 05
iStreet Network Limited to Report Q1, 2025 Results on Aug 14, 2024 iStreet Network Limited announced that they will report Q1, 2025 results on Aug 14, 2024 Annuncio • Nov 04
iStreet Network Limited to Report Q2, 2024 Results on Nov 09, 2023 iStreet Network Limited announced that they will report Q2, 2024 results on Nov 09, 2023 New Risk • Oct 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: -₹3.6m 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 (-₹3.6m free cash flow). Share price has been highly volatile over the past 3 months (9.3% average weekly change). Negative equity (-₹16m). Revenue is less than US$1m. Market cap is less than US$10m (₹47.7m market cap, or US$573.0k). Annuncio • Aug 15
iStreet Network Limited, Annual General Meeting, Sep 23, 2023 iStreet Network Limited, Annual General Meeting, Sep 23, 2023, at 11:00 Indian Standard Time. Annuncio • Aug 08
iStreet Network Limited to Report Q1, 2024 Results on Aug 14, 2023 iStreet Network Limited announced that they will report Q1, 2024 results on Aug 14, 2023 Annuncio • Feb 04
iStreet Network Limited to Report Q3, 2023 Results on Feb 10, 2023 iStreet Network Limited announced that they will report Q3, 2023 results on Feb 10, 2023 Annuncio • Nov 13
iStreet Network Limited Approves Appointment of Meenu Malu as Managing Director iStreet Network Limited announced that at its board meeting held on 12 November 2022, based on the recommendation of the NRC committee approved appointment of Ms. Meenu Malu as managing director of the company. Annuncio • Nov 06
iStreet Network Limited to Report Q2, 2023 Results on Nov 12, 2022 iStreet Network Limited announced that they will report Q2, 2023 results at 12:15 PM, Indian Standard Time on Nov 12, 2022 Annuncio • Aug 07
iStreet Network Limited to Report Q1, 2023 Results on Aug 10, 2022 iStreet Network Limited announced that they will report Q1, 2023 results on Aug 10, 2022 Annuncio • Jul 01
iStreet Network Limited Announces Resignation of Pragya Jain as Chief Financial Officer iStreet Network Limited informed that the Ms. Pragya Jain has resigned from the post of CFO of the company with effect from 28 June 2022. Annuncio • May 31
iStreet Network Limited Announces Resignation of K D Bharathraj from the Post of CEO iStreet Network Limited announced that Mr. K D Bharathraj has tendered his resignation from the post of CEO of the company with effect from 31st May 2022. Reason for Change is personal reasons and professional commitments. Annuncio • May 08
iStreet Network Limited to Report Q4, 2022 Results on May 14, 2022 iStreet Network Limited announced that they will report Q4, 2022 results on May 14, 2022 Annuncio • Feb 09
iStreet Network Limited to Report Q3, 2022 Results on Feb 14, 2022 iStreet Network Limited announced that they will report Q3, 2022 results on Feb 14, 2022 Annuncio • Jan 30
iStreet Network Limited announced that it expects to receive INR 7 million in funding from Nixel Technology Pvt Ltd iStreet Network Limited announced a private placement of prepaid warrants on preferential basis for total gross proceeds of INR 7,000,000 on January 28, 2022. The transaction will include participation from Nixel Technology Pvt Ltd. The transaction has been approved by board of directors of the company. The transaction is subject to shareholders approval in the forthcoming Extra Ordinary General Meeting. Board Change • Sep 14
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. 2 highly experienced directors. MD & Non-Executive Non-Independent Director Meenu Malu was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Sep 12
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. 2 highly experienced directors. MD & Non-Executive Non-Independent Director Meenu Malu was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Sep 09
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. 2 highly experienced directors. MD & Non-Executive Non-Independent Director Meenu Malu was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Executive Departure • Jun 12
Independent Director Shantaram Hande has left the company On the 30th of May, Shantaram Hande's tenure as Independent Director ended after 2.3 years in the role. We don't have any record of a personal shareholding under Shantaram's name. A total of 2 executives have left over the last 12 months. Annuncio • Feb 08
iStreet Network Limited to Report Q3, 2021 Results on Feb 13, 2021 iStreet Network Limited announced that they will report Q3, 2021 results on Feb 13, 2021 
