Board Change • Jan 24
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 Krishnan Narayanan was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Jan 24
Octaware Technologies Limited Appoints Alok Ranjan as Additional Director (Whole-Time Director) and Pradeep Lavania as Additional Director (Executive Director), Effective January 23, 2026 Octaware Technologies Limited announced that at the Board of Directors meeting held on 23 January 2026, appointment of Mr. Alok Ranjan (DIN: 02290342) as an Additional Director (Whole-Time Director) on the Board of Directors of the Company with effect from January 23, 2026. Mr. Alok Ranjan will hold the office of Director till the date of the ensuing Annual General Meeting of the Company. Mr. Alok Ranjan has been appointed as the Whole-time Director of Octaware Technologies Limited. He brings with him over 15 years of extensive professional experience, having served in various senior leadership roles across multiple organizations, where he has made significant contributions to business growth and organizational development. A visionary leader and accomplished executive, Mr. Ranjan has a strong track record of driving business expansion, promoting operational excellence, and leading strategic initiatives. In his capacity as Whole-time Director, he will be responsible for guiding the Company’s strategic direction, strengthening business development efforts, and providing effective organizational leadership to support sustainable growth and long-term value creation. Octaware Technologies Limited also announced the appointment of Mr. Pradeep Lavania (DIN: 03556845) as an Additional Director (Executive Director) on the Board of Directors of the Company with effect from January 23, 2026. Mr. Pradeep Lavania will hold the office of Director till the date of the ensuing Annual General Meeting of the Company. Mr. Pradeep Lavania has been appointed as the Executive Director of Octaware Technologies Limited. He brings with him over 13 years of diverse industry experience, during which he has held key leadership and management roles across various organizations, playing an instrumental role in driving operational efficiency and business performance. Known for his strategic mindset and hands-on leadership approach, Mr. Lavania has consistently contributed to scaling businesses, optimizing processes, and executing growth-oriented initiatives. As Executive Director, he will focus on strengthening the Company’s operational framework, advancing strategic and business development initiatives, and providing effective leadership to support long-term sustainability and value creation. Both appointments will be placed for approval of the shareholders of the Company at the ensuing Annual General Meeting for the Fiscal Year 2025-26. Annuncio • Nov 11
Octaware Technologies Limited to Report First Half, 2026 Results on Nov 14, 2025 Octaware Technologies Limited announced that they will report first half, 2026 results on Nov 14, 2025 Annuncio • Sep 10
Octaware Technologies Limited, Annual General Meeting, Sep 30, 2025 Octaware Technologies Limited, Annual General Meeting, Sep 30, 2025, at 16:00 Indian Standard Time. Location: unit 003,tower ii,seepz bldg, seepz sez,andheri (e), mumbai - 400096, mumbai India Recent Insider Transactions • Aug 08
Executive VP & Whole-Time Director recently sold ₹7.3m worth of stock On the 5th of August, Mohammed Siraj Gunwan sold around 288k shares on-market at roughly ₹25.46 per share. This transaction amounted to 89% 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 ₹10m more than they bought in the last 12 months. Annuncio • May 27
Octaware Technologies Limited to Report Q4, 2025 Results on May 30, 2025 Octaware Technologies Limited announced that they will report Q4, 2025 results on May 30, 2025 Annuncio • Apr 02
Alka Katariya Resigns as Company Secretary of Octaware Technologies Limited, Effective March 31, 2025 Octaware Technologies Limited informed that Ms. Alka Katariya has tender my resignation from the post of Company Secretary having Membership Number A66300 of the Company with effect from 31st March, 2025 due to some personal reasons. Annuncio • Nov 09
Octaware Technologies Limited to Report First Half, 2025 Results on Nov 14, 2024 Octaware Technologies Limited announced that they will report first half, 2025 results on Nov 14, 2024 Annuncio • Sep 11
Octaware Technologies Limited, Annual General Meeting, Sep 30, 2024 Octaware Technologies Limited, Annual General Meeting, Sep 30, 2024, at 16:00 Indian Standard Time. Location: unit 003,tower ii,seepz bldg, seepz sez,andheri (e), mumbai - 400096, mumbai India Reported Earnings • Sep 08
Full year 2024 earnings released Full year 2024 results: Revenue: ₹161.2m (down 6.9% from FY 2023). Net loss: ₹15.8m (loss widened 16% from FY 2023). New Risk • Sep 07
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended March 2023. 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 March 2023 fiscal period end). Shares are highly illiquid. Market cap is less than US$10m (₹285.1m market cap, or US$3.39m). Minor Risk Revenue is less than US$5m (₹173m revenue, or US$2.1m). Annuncio • May 23
Octaware Technologies Limited to Report Q2, 2024 Results on May 30, 2024 Octaware Technologies Limited announced that they will report Q2, 2024 results on May 30, 2024 Board Change • Sep 18
High number of new directors Non-Executive Independent Director Krishnan Narayanan was the last director to join the board, commencing their role in 2023. Annuncio • Sep 08
Octaware Technologies Limited, Annual General Meeting, Sep 30, 2023 Octaware Technologies Limited, Annual General Meeting, Sep 30, 2023, at 16:00 Indian Standard Time. Location: Unit 003,Tower II, Seepz++ Bldg., Seepz Sez, Andheri East, Mumbai- 400096 Mumbai India Agenda: To Consider and Adoption of Standalone and Consolidated Financial Statements; to Appointment of Director liable to retire by rotation; and to Appointment of Mr. Narayanan Krishnan as a Non-Executive Independent Director. Board Change • Jul 31
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. Non-Executive Independent Woman Director Vidya Shetty 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. Board Change • Jun 14
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. Non-Executive Independent Woman Director Vidya Shetty 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 • Jun 03
Full year 2023 earnings released: ₹0.38 loss per share (vs ₹1.64 profit in FY 2022) Full year 2023 results: ₹0.38 loss per share (down from ₹1.64 profit in FY 2022). Revenue: ₹173.2m (up 2.7% from FY 2022). Net loss: ₹13.7m (down 332% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Board Change • May 23
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. Non-Executive Independent Woman Director Vidya Shetty 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 • May 17
Octaware Technologies Limited to Report Fiscal Year 2023 Results on May 29, 2023 Octaware Technologies Limited announced that they will report fiscal year 2023 results on May 29, 2023 Board Change • Apr 20
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 2 highly experienced directors. 2 independent directors (3 non-independent directors). Non-Executive Independent Woman Director Vidya Shetty was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Apr 06
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 2 highly experienced directors. 2 independent directors (3 non-independent directors). Non-Executive Independent Woman Director Vidya Shetty was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Mar 03
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 2 highly experienced directors. 2 independent directors (3 non-independent directors). Non-Executive Independent Woman Director Vidya Shetty was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Feb 03
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 2 highly experienced directors. 2 independent directors (3 non-independent directors). Non-Executive Independent Woman Director Vidya Shetty was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Jan 06
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 2 highly experienced directors. 2 independent directors (3 non-independent directors). Non-Executive Independent Woman Director Vidya Shetty was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Dec 07
Investor sentiment improved over the past week After last week's 17% share price gain to ₹48.00, the stock trades at a trailing P/E ratio of 29.1x. Average trailing P/E is 33x in the Software industry in India. Board Change • Nov 18
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. Non-Executive Independent Woman Director Vidya Shetty 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. Valuation Update With 7 Day Price Move • Sep 28
Investor sentiment deteriorated over the past week After last week's 19% share price decline to ₹43.30, the stock trades at a trailing P/E ratio of 26.3x. Average trailing P/E is 35x in the Software industry in India. Total loss to shareholders of 53% over the past three years. Reported Earnings • Sep 14
Full year 2022 earnings released: EPS: ₹1.64 (vs ₹1.36 loss in FY 2021) Full year 2022 results: EPS: ₹1.64 (up from ₹1.36 loss in FY 2021). Revenue: ₹168.6m (up 4.1% from FY 2021). Net income: ₹5.92m (up ₹10.8m from FY 2021). Profit margin: 3.5% (up from net loss in FY 2021). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Annuncio • Sep 09
Octaware Technologies Limited, Annual General Meeting, Sep 30, 2022 Octaware Technologies Limited, Annual General Meeting, Sep 30, 2022, at 11:00 Indian Standard Time. Agenda: To Receive, Consider and Adoption of Standalone and Consolidated Financial Statements; to discuss Appointment of Director liable to retire by rotation; and to discuss appointment of Internal Auditors of the Company. Annuncio • Aug 09
Octaware Technologies Limited Announces Executive Changes Octaware Technologies Limited appointed Mr. Shahnawaz Aijazuddin Shaikh as Chief Financial Officer of the company with effect from August 8, 2022, and resignation of Mr. Sajid Iqbal Hameed from the post of CFO. Mr. Shahnawaz Aijazuddin Shaikh posses a working experience of more than 8 years in the field of Finance Manager. Valuation Update With 7 Day Price Move • Aug 02
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹40.35, the stock trades at a trailing P/E ratio of 24.8x. Average trailing P/E is 33x in the Software industry in India. Total loss to shareholders of 59% over the past three years. Recent Insider Transactions • Jul 23
Chairman & MD recently bought ₹2.4m worth of stock On the 21st of July, Mohammed Aslam Khan bought around 50k shares on-market at roughly ₹49.00 per share. This was the largest purchase by an insider in the last 3 months. This was Mohammed Aslam's only on-market trade for the last 12 months. Annuncio • May 21
Octaware Technologies Limited to Report Q4, 2022 Results on May 27, 2022 Octaware Technologies Limited announced that they will report Q4, 2022 results on May 27, 2022 Annuncio • Feb 06
Octaware Technologies Limited Announces Resignation of Sajid Iqbal Abdul Hameed as Chief Financial Officer, Effective 11 February, 2022 Octaware Technologies Limited received resignation letter dated 04 February, 2022 from Mr. Sajid Iqbal Abdul Hameed, Chief Financial Officer of the Company, for resignation from the post of Chief Financial Officer of the Company due to personal circumstances with effect from 11 February, 2022. Executive Departure • Aug 18
Compliance Officer & Company Secretary Ankit Mehra has left the company On the 13th of August, Ankit Mehra's tenure as Compliance Officer & Company Secretary ended after 2.2 years in the role. We don't have any record of a personal shareholding under Ankit's name. Ankit is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 8.92 years. Recent Insider Transactions • Jul 20
Head of Finance recently bought ₹2.3m worth of stock On the 15th of July, Shahnawaz Shaikh bought around 26k shares on-market at roughly ₹88.40 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. Reported Earnings • Jun 07
Full year 2021 earnings released: ₹1.31 loss per share (vs ₹4.00 loss in FY 2020) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2021 results: Revenue: ₹162.0m (up 25% from FY 2020). Net loss: ₹4.70m (loss narrowed 67% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 106 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Feb 18
New 90-day high: ₹84.00 The company is up 12% from its price of ₹75.00 on 20 November 2020. The Indian market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 33% over the same period. Is New 90 Day High Low • Jan 29
New 90-day high: ₹76.00 The company is up 26% from its price of ₹60.20 on 26 October 2020. The Indian market is up 19% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Software industry, which is up 28% over the same period. Reported Earnings • Nov 24
First half 2021 earnings released: EPS ₹1.36 The company reported a mediocre first half result with weaker earnings and profit margins, although revenues were improved. First half 2021 results: Revenue: ₹76.6m (up 38% from 1H 2020). Net income: ₹4.82m (down 8.6% from 1H 2020). Profit margin: 6.3% (down from 9.5% in 1H 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 115% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Annuncio • Oct 07
Octaware Technologies Limited Announces Resignation of Sajid Iqbal Abdul Hameed an Executive Director Octaware Technologies Limited informed that Mr. Sajid Iqbal Abdul Hameed an Executive Director of the Company, has resigned as a Director of the Company due to personal reasons. The resignation is effective from 6 October, 2020. Annuncio • Jul 26
Octaware Technologies Limited to Report Q4, 2020 Results on Jul 30, 2020 Octaware Technologies Limited announced that they will report Q4, 2020 results on Jul 30, 2020