공시 • Jul 25
Mahavir Industries Limited Announces Resignation of Board Members Mahavir Industries Limited announced Change in Directors of Board i.e., Mr. Rajesh Babulal Maiyani and Mr. Sudhakar Bhagawatlal Gandhi Non- Executive & Independent Directors of the Company has resigned from the Board with effect from July 22, 2023 on account of personal reasons. 공시 • May 25
Mahavir Industries Limited to Report Q4, 2023 Results on May 30, 2023 Mahavir Industries Limited announced that they will report Q4, 2023 results on May 30, 2023 Board Change • Nov 21
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 Non-Independent Director Bhavik Harsora 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. 공시 • May 28
Mahavir Industries Limited to Report Q4, 2022 Results on May 30, 2022 Mahavir Industries Limited announced that they will report Q4, 2022 results on May 30, 2022 Board Change • Apr 27
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 Non-Independent Director Bhavik Harsora 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. 공시 • Apr 15
Mahavir Industries Limited Announces Changes of Company Secretary and Compliance Officer Mahavir Industries Limited at the SBM held on April 14, 2022, the board Appointed Mr. Seema Birla as the Company Secretary and Compliance Officer of the Company. The board also approved the Resignation of Mr. Pramod Kumar as the of the Company. Board Change • Apr 01
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 Non-Independent Director Bhavik Harsora 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 • Mar 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 Non-Independent Director Bhavik Harsora 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. 공시 • Feb 16
Mahavir Industries Limited Announces Directorate Changes Mahavir Industries Limited announced that the Board of Directors in their meeting held on February 14, 2022, consider and approved the resignation of Mr. Deepak Bansal and Mrs. Nirmala Bansal from the office of the Director of the Company. The Board also considered and approved the Appointment of Mr. Firoze Nariman Kapadia and Mr. Vedant Shrikant Kulkarni as the Director of the Company. Reported Earnings • Feb 16
Third quarter 2022 earnings: Revenues in line with analyst expectations Third quarter 2022 results: Revenue: ₹0 (down 100% from 3Q 2021). Net loss: ₹26.0k (down 132% from profit in 3Q 2021). Profit margin: (down from 23% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. 공시 • Feb 15
Mahavir Industries Limited Approves the Resignation of Purnima Badola as Company Secretary & Compliance Officer Mahavir Industries Limited at the Board of Directors meeting, approved the resignation of Ms. Purnima Badola for the post of Company Secretary & Compliance Officer of the Company with effect from 13 November, 2021. Valuation Update With 7 Day Price Move • Dec 13
Investor sentiment improved over the past week After last week's 17% share price gain to ₹1.15, the stock trades at a trailing P/E ratio of 62.4x. Average trailing P/E is 30x in the IT industry in India. Total loss to shareholders of 12% over the past three years. Valuation Update With 7 Day Price Move • Oct 06
Investor sentiment deteriorated over the past week After last week's 20% share price decline to ₹1.03, the stock trades at a trailing P/E ratio of 27.3x. Average trailing P/E is 32x in the IT industry in India. Total loss to shareholders of 26% over the past three years. Valuation Update With 7 Day Price Move • Sep 22
Investor sentiment improved over the past week After last week's 22% share price gain to ₹1.22, the stock trades at a trailing P/E ratio of 32.4x. Average trailing P/E is 31x in the IT industry in India. Total loss to shareholders of 10% over the past three years. Executive Departure • Sep 09
Company Secretary & Compliance Officer Jaya Ahuja has left the company On the 6th of September, Jaya Ahuja's tenure as Company Secretary & Compliance Officer ended after less than a year in the role. We don't have any record of a personal shareholding under Jaya's name. A total of 7 executives have left over the last 12 months. Executive Departure • Aug 20
Non-Executive Non-Independent Director Sachin Mane has left the company On the 14th of August, Sachin Mane's tenure as Non-Executive Non-Independent Director ended after 2.5 years in the role. As of June 2021, Sachin still personally held only 860.90k shares (₹1.2m worth at the time). A total of 6 executives have left over the last 12 months. Executive Departure • Jul 13
Independent Director Sumit Kumar has left the company On the 30th of June, Sumit Kumar's tenure as Independent Director ended after 2.4 years in the role. We don't have any record of a personal shareholding under Sumit's name. A total of 5 executives have left over the last 12 months. Executive Departure • Jul 13
Chief Financial Officer Ravi Singh has left the company On the 30th of June, Ravi Singh's tenure as Chief Financial Officer ended after 1.8 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 13
Non-Executive Independent Director Raajvir Mudaliar has left the company On the 30th of June, Raajvir Mudaliar's tenure as Non-Executive Independent Director ended after 4.4 years in the role. We don't have any record of a personal shareholding under Raajvir's name. A total of 5 executives have left over the last 12 months. Valuation Update With 7 Day Price Move • Jun 09
Investor sentiment improved over the past week After last week's 36% share price gain to ₹1.03, the stock trades at a trailing P/E ratio of 74x. Average trailing P/E is 29x in the IT industry in India. Total loss to shareholders of 27% over the past three years. Executive Departure • Apr 10
Compliance Officer & Company Secretary has left the company On the 31st of March, Isha Patel's tenure as Compliance Officer & Company Secretary ended after 5.8 years in the role. We don't have any record of a personal shareholding under Isha's name. A total of 2 executives have left over the last 12 months. Executive Departure • Apr 10
Non-Executive Non-Independent Director has left the company On the 31st of March, Jitesh Jain's tenure as Non-Executive Non-Independent Director ended after 2.6 years in the role. We don't have any record of a personal shareholding under Jitesh's name. A total of 2 executives have left over the last 12 months. 공시 • Feb 09
Mahavir Industries Limited to Report Q3, 2021 Results on Feb 14, 2021 Mahavir Industries Limited announced that they will report Q3, 2021 results on Feb 14, 2021 Is New 90 Day High Low • Feb 04
New 90-day low: ₹0.55 The company is down 27% from its price of ₹0.75 on 06 November 2020. The Indian market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 19% over the same period. Is New 90 Day High Low • Dec 03
New 90-day high: ₹0.88 The company is up 151% from its price of ₹0.35 on 04 September 2020. The Indian market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 21% over the same period. Is New 90 Day High Low • Oct 22
New 90-day high: ₹0.82 The company is up 78% from its price of ₹0.46 on 24 July 2020. The Indian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 28% over the same period. Is New 90 Day High Low • Sep 25
New 90-day high: ₹0.50 The company is up 39% from its price of ₹0.36 on 26 June 2020. The Indian market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 22% over the same period. 공시 • Aug 09
Mahavir Industries Limited to Report Q1, 2021 Results on Aug 14, 2020 Mahavir Industries Limited announced that they will report Q1, 2021 results on Aug 14, 2020