Board Change • Nov 16
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Executive Chairperson Arun Singla 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. Board Change • Jun 01
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Executive Chairperson Arun Singla 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. Board Change • May 02
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Additional Non-Executive Independent Director Arun Singla 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. Board Change • Jan 01
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. No experienced directors. No highly experienced directors. Non-Executive Independent Director Ashish Goyal 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. Board Change • Dec 02
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. No experienced directors. No highly experienced directors. Non-Executive Independent Director Ashish Goyal 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. Executive Departure • Sep 09
Chief Finance Officer Lokesh Garg has left the company On the 3rd of September, Lokesh Garg's tenure as Chief Finance Officer ended. We don't have any record of a personal shareholding under Lokesh's name. A total of 7 executives have left over the last 12 months. Executive Departure • Jul 02
Executive Director Kamini Jindal has left the company On the 23rd of June, Kamini Jindal's tenure as Executive Director ended. As of March 2021, Kamini still personally held 13.51m shares (₹32m worth at the time). A total of 6 executives have left over the last 12 months. Executive Departure • Jul 01
Independent Director Ravi Sharma has left the company On the 23rd of June, Ravi Sharma's tenure as Independent Director ended after 15.4 years in the role. We don't have any record of a personal shareholding under Ravi's name. A total of 5 executives have left over the last 12 months. Executive Departure • Jul 01
Independent Director Neeraj Chhabra has left the company On the 23rd of June, Neeraj Chhabra's tenure as Independent Director ended after 8.5 years in the role. We don't have any record of a personal shareholding under Neeraj's name. A total of 5 executives have left over the last 12 months. Executive Departure • Jul 01
Independent Director Aashu Garg has left the company On the 23rd of June, Aashu Garg's tenure as Independent Director ended after 2.5 years in the role. We don't have any record of a personal shareholding under Aashu's name. A total of 5 executives have left over the last 12 months. Reported Earnings • Jun 27
Full year 2021 earnings released: ₹0.22 loss per share (vs ₹0.078 profit in FY 2020) Full year 2021 results: Net loss: ₹113.9m (down 390% from profit in FY 2020). Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improved over the past week After last week's 16% share price gain to ₹2.50, the stock trades at a trailing P/E ratio of 28.6x. Average trailing P/E is 20x in the Chemicals industry in India. Total loss to shareholders of 36% over the past year. Is New 90 Day High Low • Feb 23
New 90-day low: ₹2.40 The company is down 8.0% from its price of ₹2.60 on 25 November 2020. The Indian market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 11% over the same period. Valuation Update With 7 Day Price Move • Jan 15
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₹3.10, the stock is trading at a trailing P/E ratio of 29.1x, down from the previous P/E ratio of 34.3x. This compares to an average P/E of 18x in the Chemicals industry in India. Total return to shareholders over the past year is a loss of 59%. Is New 90 Day High Low • Jan 07
New 90-day high: ₹3.50 The company is up 23% from its price of ₹2.85 on 09 October 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Chemicals industry, which is also up 23% over the same period. Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment improved over the past week After last week's 16% share price gain to ₹3.35, the stock is trading at a trailing P/E ratio of 29.1x, up from the previous P/E ratio of 25.2x. This compares to an average P/E of 18x in the Chemicals industry in India. Total return to shareholders over the past year is a loss of 51%. Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹2.85, the stock is trading at a trailing P/E ratio of 27.2x, down from the previous P/E ratio of 32.4x. This compares to an average P/E of 17x in the Chemicals industry in India. Total return to shareholders over the past year is a loss of 55%. Valuation Update With 7 Day Price Move • Dec 04
Market bids up stock over the past week After last week's 16% share price gain to ₹2.90, the stock is trading at a trailing P/E ratio of 26.5x, up from the previous P/E ratio of 22.8x. This compares to an average P/E of 17x in the Chemicals industry in India. Total return to shareholders over the past year is a loss of 45%. Valuation Update With 7 Day Price Move • Nov 18
Market bids up stock over the past week After last week's 20% share price gain to ₹2.45, the stock is trading at a trailing P/E ratio of 23.7x, up from the previous P/E ratio of 19.8x. This compares to an average P/E of 16x in the Chemicals industry in India. Total return to shareholders over the past year is a loss of 46%. Is New 90 Day High Low • Nov 04
New 90-day low: ₹2.25 The company is down 30% from its price of ₹3.20 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 Chemicals industry, which is up 12% over the same period. Is New 90 Day High Low • Oct 16
New 90-day low: ₹2.60 The company is down 26% from its price of ₹3.50 on 17 July 2020. The Indian market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 13% over the same period. Is New 90 Day High Low • Sep 23
New 90-day low: ₹2.85 The company is down 30% from its price of ₹4.10 on 25 June 2020. The Indian market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 13% over the same period.