Annuncio • May 02
Ranjeet Mechatronics Limited to Report Fiscal Year 2026 Results on May 07, 2026 Ranjeet Mechatronics Limited announced that they will report fiscal year 2026 results on May 07, 2026 Board Change • Apr 28
High number of new directors Additional Non-Executive Independent Director Kriya Shah was the last director to join the board, commencing their role in 2026. Board Change • Apr 13
High number of new directors Additional Non-Executive Independent Director Kriya Shah was the last director to join the board, commencing their role in 2026. Valuation Update With 7 Day Price Move • Mar 25
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹6.00, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 25x in the Electronic industry in India. Total loss to shareholders of 14% over the past three years. Valuation Update With 7 Day Price Move • Mar 10
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹5.30, the stock trades at a trailing P/E ratio of 10.8x. Average trailing P/E is 25x in the Electronic industry in India. Total returns to shareholders of 33% over the past three years. Annuncio • Nov 11
Ranjeet Mechatronics Limited to Report Q2, 2026 Results on Nov 14, 2025 Ranjeet Mechatronics Limited announced that they will report Q2, 2026 results on Nov 14, 2025 Valuation Update With 7 Day Price Move • Oct 27
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to ₹8.00, the stock trades at a trailing P/E ratio of 33.7x. Average trailing P/E is 38x in the Electronic industry in India. Total loss to shareholders of 14% over the past year. Annuncio • Sep 30
Ranjeet Mechatronics Limited Approves Appointment of Dhruviben Patel as an Independent Director Ranjeet Mechatronics Limited at the AGM held on 30 September, 2025 approved appointment of Ms. Dhruviben Patel as an Independent Director of the Company for a term of five consecutive years. Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹8.98, the stock trades at a trailing P/E ratio of 37.8x. Average trailing P/E is 41x in the Electronic industry in India. Total returns to shareholders of 25% over the past year. Reported Earnings • Sep 13
Full year 2025 earnings released: EPS: ₹0.24 (vs ₹0.048 in FY 2024) Full year 2025 results: EPS: ₹0.24 (up from ₹0.048 in FY 2024). Revenue: ₹107.9m (down 35% from FY 2024). Net income: ₹9.50m (up ₹8.25m from FY 2024). Profit margin: 8.8% (up from 0.8% in FY 2024). Annuncio • Sep 04
Ranjeet Mechatronics Limited, Annual General Meeting, Sep 30, 2025 Ranjeet Mechatronics Limited, Annual General Meeting, Sep 30, 2025, at 12:00 Indian Standard Time. Location: block a, office no:407, dev aurum, anand nagar char rasta, prahlad nagar road ahmedabad, gj- 380015 india, ahmedabad India Board Change • Jul 02
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. 2 experienced directors. 3 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Bhavinkumar Kachhchhava 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. Reported Earnings • May 15
Full year 2025 earnings released: EPS: ₹0.95 (vs ₹0.047 in FY 2024) Full year 2025 results: EPS: ₹0.95 (up from ₹0.047 in FY 2024). Revenue: ₹112.7m (down 32% from FY 2024). Net income: ₹9.50m (up ₹8.25m from FY 2024). Profit margin: 8.4% (up from 0.8% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 68% per year, which means it is tracking significantly ahead of earnings growth. Board Change • May 13
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. 2 experienced directors. 3 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Bhavinkumar Kachhchhava 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. Annuncio • May 03
Ranjeet Mechatronics Limited to Report Fiscal Year 2025 Results on May 13, 2025 Ranjeet Mechatronics Limited announced that they will report fiscal year 2025 results on May 13, 2025 Board Change • Jan 29
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. 2 experienced directors. 3 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Bhavinkumar Kachhchhava 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. New Risk • Jan 08
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 9.1% 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 Interest payments are not well covered by earnings (0.3x net interest cover). Share price has been highly volatile over the past 3 months (9.1% average weekly change). Earnings have declined by 27% per year over the past 5 years. Shareholders have been substantially diluted in the past year (52% increase in shares outstanding). Market cap is less than US$10m (₹341.0m market cap, or US$3.97m). Minor Risk Revenue is less than US$5m (₹145m revenue, or US$1.7m). New Risk • Nov 16
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 0.3x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.3x net interest cover). Earnings have declined by 27% per year over the past 5 years. Shareholders have been substantially diluted in the past year (52% increase in shares outstanding). Market cap is less than US$10m (₹357.5m market cap, or US$4.23m). Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Revenue is less than US$5m (₹145m revenue, or US$1.7m). Annuncio • Nov 09
Ranjeet Mechatronics Limited to Report First Half, 2025 Results on Nov 14, 2024 Ranjeet Mechatronics Limited announced that they will report first half, 2025 results on Nov 14, 2024 Annuncio • Sep 09
Ranjeet Mechatronics Limited, Annual General Meeting, Sep 30, 2024 Ranjeet Mechatronics Limited, Annual General Meeting, Sep 30, 2024, at 12:00 Indian Standard Time. Location: block a, office no:407, dev aurum, anand nagar char rasta, prahlad nagar road ahmedabad, gj- 380015 india, ahmedabad India Board Change • Jun 18
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. 2 experienced directors. 3 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Bhavinkumar Kachhchhava 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. Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: ₹0.19 (vs ₹1.08 in FY 2023) Full year 2024 results: EPS: ₹0.19 (down from ₹1.08 in FY 2023). Revenue: ₹168.9m (down 55% from FY 2023). Net income: ₹1.26m (down 82% from FY 2023). Profit margin: 0.7% (down from 1.9% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 68% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • May 20
Ranjeet Mechatronics Limited to Report Second Half, 2024 Results on May 29, 2024 Ranjeet Mechatronics Limited announced that they will report second half, 2024 results on May 29, 2024 Board Change • Apr 18
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. 2 experienced directors. 3 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Bhavinkumar Kachhchhava 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. New Risk • Apr 05
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 52% 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 Interest payments are not well covered by earnings (1.1x net interest cover). Earnings have declined by 16% per year over the past 5 years. Shareholders have been substantially diluted in the past year (52% increase in shares outstanding). Market cap is less than US$10m (₹570.0m market cap, or US$6.83m). Minor Risk Revenue is less than US$5m (₹246m revenue, or US$2.9m). Board Change • Apr 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. 2 experienced directors. 3 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Bhavinkumar Kachhchhava 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 • Jan 02
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹40.50, the stock trades at a trailing P/E ratio of 55.4x. Average trailing P/E is 54x in the Electronic industry in India. Total returns to shareholders of 189% over the past three years. Board Change • Dec 26
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. 2 experienced directors. 3 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Bhavinkumar Kachhchhava 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. Annuncio • Dec 13
Ranjeet Mechatronics Limited announced that it expects to receive INR 68.0004 million in funding Ranjeet Mechatronics Limited announced a private placement to issue 34,00,020 equity shares of the company each having face value of INR 10 at a price of INR 20 per equity share for the aggregate gross proceeds of INR 6,80,00,400 on December 13, 2023. Valuation Update With 7 Day Price Move • Nov 30
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹29.33, the stock trades at a trailing P/E ratio of 40.1x. Average trailing P/E is 52x in the Electronic industry in India. Total returns to shareholders of 110% over the past three years. Board Change • Nov 21
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. 2 experienced directors. 3 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Bhavinkumar Kachhchhava 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. Annuncio • Nov 14
Ranjeet Mechatronics Limited, Annual General Meeting, Dec 13, 2023 Ranjeet Mechatronics Limited, Annual General Meeting, Dec 13, 2023, at 12:00 Indian Standard Time. Buying Opportunity • Oct 20
Now 31% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be ₹35.24, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.6% over the last 3 years. Earnings per share has grown by 25%. Valuation Update With 7 Day Price Move • Oct 20
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹24.25, the stock trades at a trailing P/E ratio of 22.5x. Average trailing P/E is 50x in the Electronic industry in India. Board Change • Oct 18
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. 2 experienced directors. 3 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Bhavinkumar Kachhchhava 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 • Sep 29
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. 2 experienced directors. 3 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Bhavinkumar Kachhchhava 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. Buying Opportunity • Sep 04
Now 24% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be ₹35.52, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.6% over the last 3 years. Earnings per share has grown by 25%. Board Change • Aug 28
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. 2 experienced directors. 3 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Bhavinkumar Kachhchhava 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 • Jul 26
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 Non-Executive Director Bhavinkumar Kachhchhava 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 • Jul 03
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 Non-Executive Director Bhavinkumar Kachhchhava 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 01
Full year 2023 earnings released: EPS: ₹1.08 (vs ₹0.75 in FY 2022) Full year 2023 results: EPS: ₹1.08 (up from ₹0.75 in FY 2022). Revenue: ₹396.5m (up 15% from FY 2022). Net income: ₹7.12m (up 43% from FY 2022). Profit margin: 1.8% (up from 1.4% in FY 2022). The increase in margin was driven by higher revenue. Annuncio • May 25
Ranjeet Mechatronics Limited to Report Second Half, 2023 Results on May 30, 2023 Ranjeet Mechatronics Limited announced that they will report second half, 2023 results on May 30, 2023 Board Change • May 12
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 Non-Executive Director Bhavinkumar Kachhchhava 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 • Apr 18
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹37.20, the stock trades at a trailing P/E ratio of 32.1x. Average trailing P/E is 26x in the Electronic industry in India. Total returns to shareholders of 91% over the past three years. Board Change • Mar 22
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 Non-Executive Director Bhavinkumar Kachhchhava 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 • Feb 02
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 Non-Executive Director Bhavinkumar Kachhchhava 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 • Nov 06
Ranjeet Mechatronics Limited to Report Q2, 2023 Results on Nov 14, 2022 Ranjeet Mechatronics Limited announced that they will report Q2, 2023 results on Nov 14, 2022 Annuncio • Sep 07
Ranjeet Mechatronics Limited, Annual General Meeting, Sep 30, 2022 Ranjeet Mechatronics Limited, Annual General Meeting, Sep 30, 2022, at 12:00 Indian Standard Time. Annuncio • Jul 22
Ranjeet Mechatronics Limited Appoints Ankita Shyamlal Shah as Company Secretary and Compliance Officer The board of directors of Ranjeet Mechatronics Limited at its meeting held on July 21, 2022, appointed Ms. Ankita Shyamlal Shah as the Company Secretary and Compliance Officer of the company. Board Change • Jun 16
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 Non-Executive Director Bhavinkumar Kachhchhava 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 • May 24
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 Non-Executive Director Bhavinkumar Kachhchhava 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 • 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 Non-Executive Director Bhavinkumar Kachhchhava 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 • Mar 10
Ranjeet Mechatronics Limited Announces Resignation of Falguni Malay Patel, Company Secretary and Compliance Officer Ranjeet Mechatronics Limited announced that Ms. Falguni Malay Patel, Company Secretary and Compliance Officer of the Company has tendered her resignation letter with effect from 7 March, 2022. Valuation Update With 7 Day Price Move • Feb 19
Investor sentiment improved over the past week After last week's 44% share price gain to ₹10.02, the stock trades at a trailing P/E ratio of 56.1x. Average trailing P/E is 40x in the Electronic industry in India. Total loss to shareholders of 62% over the past three years. Board Change • Jan 28
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 Non-Executive Director Bhavinkumar Kachhchhava 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 • Jan 28
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 Non-Executive Director Bhavinkumar Kachhchhava 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 • Nov 26
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 Non-Executive Director Bhavinkumar Kachhchhava 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 • Nov 08
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 Non-Executive Director Bhavinkumar Kachhchhava 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 • Apr 06
Investor sentiment improved over the past week After last week's 24% share price gain to ₹13.00, the stock trades at a trailing P/E ratio of 22.3x. Average trailing P/E is 21x in the Electronic industry in India. Total loss to shareholders of 35% over the past year. Is New 90 Day High Low • Mar 10
New 90-day low: ₹10.30 The company is down 26% from its price of ₹14.00 on 10 December 2020. The Indian market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 50% over the same period. Valuation Update With 7 Day Price Move • Mar 10
Investor sentiment deteriorated over the past week After last week's 21% share price decline to ₹10.30, the stock is trading at a trailing P/E ratio of 17.7x, down from the previous P/E ratio of 22.3x. This compares to an average P/E of 21x in the Electronic industry in India. Total return to shareholders over the past year is a loss of 54%. Annuncio • Jul 05
Ranjeet Mechatronics Limited to Report Second Half, 2020 Results on Jun 29, 2020 Ranjeet Mechatronics Limited announced that they will report second half, 2020 results on Jun 29, 2020