Reported Earnings • May 23
Full year 2026 earnings released: EPS: ₹12.34 (vs ₹11.58 in FY 2025) Full year 2026 results: EPS: ₹12.34 (up from ₹11.58 in FY 2025). Revenue: ₹3.84b (up 53% from FY 2025). Net income: ₹168.0m (up 17% from FY 2025). Profit margin: 4.4% (down from 5.7% in FY 2025). The decrease in margin was driven by higher expenses. New Risk • May 23
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 60% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). High level of non-cash earnings (60% accrual ratio). Minor Risk Market cap is less than US$100m (₹4.50b market cap, or US$47.1m). Board Change • May 20
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 6 new directors. No experienced directors. 1 highly experienced director. 3 independent directors (4 non-independent directors). Non-Executive Director Mukul Gulati is the most experienced director on the board, commencing their role in 2013. Independent Director Himanshu Mody was the last independent director to join the board, commencing their role in 2026. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. お知らせ • May 19
E to E Transportation Infrastructure Limited to Report Second Half, 2026 Results on May 21, 2026 E to E Transportation Infrastructure Limited announced that they will report second half, 2026 results on May 21, 2026 Board Change • Feb 25
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 7 new directors. No experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Non-Executive Director Mukul Gulati is the most experienced director on the board, commencing their role in 2013. Non-Executive Independent Director Ashwini Agarwal was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Board Change • Feb 05
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 6 new directors. No experienced directors. 1 highly experienced director. 3 independent directors (4 non-independent directors). Non-Executive Director Mukul Gulati is the most experienced director on the board, commencing their role in 2013. Non-Executive Independent Director Ashwini Agarwal was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. お知らせ • Jan 01
E to E Transportation Infrastructure Limited has completed an IPO in the amount of INR 842.16 million. E to E Transportation Infrastructure Limited has completed an IPO in the amount of INR 842.16 million.
Security Name: Equity Shares
Security Type: Common Stock
Securities Offered: 1,609,600
Price\Range: INR 174
Discount Per Security: INR 9.2394
Security Name: Equity Shares
Security Type: Common Stock
Securities Offered: 1,377,600
Price\Range: INR 174
Discount Per Security: INR 9.2394
Security Name: Equity Shares
Security Type: Common Stock
Securities Offered: 919,200
Price\Range: INR 174
Discount Per Security: INR 9.2394
Security Name: Equity Shares
Security Type: Common Stock
Securities Offered: 689,600
Price\Range: INR 174
Discount Per Security: INR 9.2394
Security Name: Equity Shares
Security Type: Common Stock
Securities Offered: 244,000
Price\Range: INR 174
Discount Per Security: INR 9.2394
Transaction Features: Regulation S Board Change • Jan 01
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 6 new directors. No experienced directors. 1 highly experienced director. 3 independent directors (4 non-independent directors). Non-Executive Director Mukul Gulati is the most experienced director on the board, commencing their role in 2013. Non-Executive Independent Director Ashwini Agarwal was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.