New Risk • Apr 01
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 9.6% 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 Risk Share price has been highly volatile over the past 3 months (9.6% average weekly change). Minor Risk Market cap is less than US$100m (₹7.94b market cap, or US$85.1m). Valuation Update With 7 Day Price Move • Mar 31
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹13.24, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 19x in the IT industry in India. Total returns to shareholders of 43% over the past three years. Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹19.96, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 22x in the IT industry in India. Total returns to shareholders of 96% over the past three years. New Risk • Feb 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.9% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. This is currently the only risk that has been identified for the company. Reported Earnings • Feb 14
Third quarter 2026 earnings released: EPS: ₹0.48 (vs ₹0.43 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.48 (up from ₹0.43 in 3Q 2025). Revenue: ₹3.09b (up 11% from 3Q 2025). Net income: ₹254.1m (up 22% from 3Q 2025). Profit margin: 8.2% (up from 7.5% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. 공시 • Feb 09
Kellton Tech Solutions Limited to Report Q3, 2026 Results on Feb 12, 2026 Kellton Tech Solutions Limited announced that they will report Q3, 2026 results on Feb 12, 2026 New Risk • Jan 12
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹9.00b (US$99.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 4.6% per year over the past 5 years. High level of non-cash earnings (24% accrual ratio). Minor Risk Market cap is less than US$100m (₹9.00b market cap, or US$99.8m). 공시 • Nov 28
Kellton Tech Solutions Limited (BSE:519602) acquired Kumori Technologies Services Private Limited for approximately INR 530 million. Kellton Tech Solutions Limited (BSE:519602) acquired Kumori Technologies Services Private Limited for approximately INR 530 million on November 27, 2025. A cash consideration of INR 265 million will be paid by Kellton Tech Solutions Limited. Kellton Tech Solutions Limited will pay an earnout/contingent payment of INR 260 million cash. As of March 31, 2025, Kumori Technologies Services Private Limited reported revenue of INR 185.6 million. The transaction received approval from the Board of Kellton Tech Solutions Limited (BSE:519602).
Anreya Capital Advisors acted as financial advisor for Kumori Technologies Services Private Limited.
Kellton Tech Solutions Limited (BSE:519602) completed the acquisition of Kumori Technologies Services Private Limited on November 27, 2025. Reported Earnings • Nov 13
Second quarter 2026 earnings released: EPS: ₹0.43 (vs ₹0.41 in 2Q 2025) Second quarter 2026 results: EPS: ₹0.43 (up from ₹0.41 in 2Q 2025). Revenue: ₹3.01b (up 11% from 2Q 2025). Net income: ₹240.8m (up 23% from 2Q 2025). Profit margin: 8.0% (up from 7.3% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. 공시 • Nov 08
Kellton Tech Solutions Limited to Report Q2, 2026 Results on Nov 12, 2025 Kellton Tech Solutions Limited announced that they will report Q2, 2026 results on Nov 12, 2025 공시 • Sep 09
Kellton Tech Solutions Limited, Annual General Meeting, Sep 30, 2025 Kellton Tech Solutions Limited, Annual General Meeting, Sep 30, 2025, at 11:00 Indian Standard Time. Reported Earnings • Aug 13
First quarter 2026 earnings released: EPS: ₹2.32 (vs ₹0.41 in 1Q 2025) First quarter 2026 results: EPS: ₹2.32 (up from ₹0.41 in 1Q 2025). Revenue: ₹2.96b (up 13% from 1Q 2025). Net income: ₹226.5m (up 14% from 1Q 2025). Profit margin: 7.6% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. 공시 • Aug 09
Kellton Tech Solutions Limited to Report Q1, 2026 Results on Aug 12, 2025 Kellton Tech Solutions Limited announced that they will report Q1, 2026 results on Aug 12, 2025 New Risk • Jul 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 16% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.3% average weekly change). New Risk • Jul 24
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹2.72b (US$31.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 16% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₹2.72b market cap, or US$31.5m). Reported Earnings • May 31
Full year 2025 earnings released: EPS: ₹8.18 (vs ₹6.57 in FY 2024) Full year 2025 results: EPS: ₹8.18 (up from ₹6.57 in FY 2024). Revenue: ₹11.0b (up 12% from FY 2024). Net income: ₹797.2m (up 25% from FY 2024). Profit margin: 7.2% (up from 6.5% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. 공시 • May 26
Kellton Tech Solutions Limited to Report Q4, 2025 Results on May 30, 2025 Kellton Tech Solutions Limited announced that they will report Q4, 2025 results on May 30, 2025 Valuation Update With 7 Day Price Move • May 16
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹118, the stock trades at a trailing P/E ratio of 13.7x. Average trailing P/E is 28x in the IT industry in India. Total returns to shareholders of 60% over the past three years. 공시 • Feb 14
Kellton Tech Solutions Limited (BSE:519602) agreed to acquire an unknown majority stake in Xitij Corporation. Kellton Tech Solutions Limited (BSE:519602) agreed to acquire an unknown majority stake in Xitij Corporation on February 13, 2025.
The transaction is subject to approval of offer by acquirer board. The deal has been approved by the board. Reported Earnings • Feb 14
Third quarter 2025 earnings released: EPS: ₹2.17 (vs ₹0.76 in 3Q 2024) Third quarter 2025 results: EPS: ₹2.17 (up from ₹0.76 in 3Q 2024). Revenue: ₹2.79b (up 14% from 3Q 2024). Net income: ₹209.2m (up 157% from 3Q 2024). Profit margin: 7.5% (up from 3.3% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. 공시 • Feb 10
Kellton Tech Solutions Limited to Report Q3, 2025 Results on Feb 13, 2025 Kellton Tech Solutions Limited announced that they will report Q3, 2025 results on Feb 13, 2025 New Risk • Dec 16
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 29% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change). Reported Earnings • Nov 14
Second quarter 2025 earnings released: EPS: ₹2.06 (vs ₹1.78 in 2Q 2024) Second quarter 2025 results: EPS: ₹2.06 (up from ₹1.78 in 2Q 2024). Revenue: ₹2.71b (up 13% from 2Q 2024). Net income: ₹196.6m (up 19% from 2Q 2024). Profit margin: 7.3% (up from 6.9% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 44% per year, which means it is well ahead of earnings. 공시 • Nov 06
Kellton Tech Solutions Limited to Report Q2, 2025 Results on Nov 12, 2024 Kellton Tech Solutions Limited announced that they will report Q2, 2025 results on Nov 12, 2024 공시 • Sep 06
Kellton Tech Solutions Limited, Annual General Meeting, Sep 30, 2024 Kellton Tech Solutions Limited, Annual General Meeting, Sep 30, 2024, at 11:00 Indian Standard Time. Reported Earnings • Jul 16
First quarter 2025 earnings released: EPS: ₹2.05 (vs ₹1.54 in 1Q 2024) First quarter 2025 results: EPS: ₹2.05 (up from ₹1.54 in 1Q 2024). Revenue: ₹2.62b (up 5.4% from 1Q 2024). Net income: ₹199.4m (up 29% from 1Q 2024). Profit margin: 7.6% (up from 6.2% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has increased by 45% per year, which means it is well ahead of earnings. 공시 • Jul 11
Kellton Tech Solutions Limited to Report Q1, 2025 Results on Jul 15, 2024 Kellton Tech Solutions Limited announced that they will report Q1, 2025 results on Jul 15, 2024 Valuation Update With 7 Day Price Move • Jul 09
Investor sentiment improves as stock rises 31% After last week's 31% share price gain to ₹141, the stock trades at a trailing P/E ratio of 21.5x. Average trailing P/E is 38x in the IT industry in India. Total returns to shareholders of 131% over the past three years. Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹103, the stock trades at a trailing P/E ratio of 15.7x. Average trailing P/E is 33x in the IT industry in India. Total returns to shareholders of 23% over the past three years. Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: ₹6.58 (vs ₹13.14 loss in FY 2023) Full year 2024 results: EPS: ₹6.58 (up from ₹13.14 loss in FY 2023). Revenue: ₹9.85b (up 7.3% from FY 2023). Net income: ₹640.1m (up ₹1.91b from FY 2023). Profit margin: 6.5% (up from net loss in FY 2023). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. 공시 • May 25
Kellton Tech Solutions Limited to Report Q4, 2024 Results on May 30, 2024 Kellton Tech Solutions Limited announced that they will report Q4, 2024 results on May 30, 2024 공시 • Feb 21
Kellton Tech Solutions Limited Announces Resignation of Srinivasa Rao Veera Venkata Pydisetty as Independent Director Kellton Tech Solutions Limited announced that Mr. Srinivasa Rao Veera Venkata Pydisetty (DIN: 06805347) has tendered his resignation as an Independent Director of the Company, with effect from close of business hours on February 20, 2024, due to personal reasons and commitments. Further, following the resignation, there is a need to reconstitute the Nomination and Remuneration Committee. The revised composition of the Nomination and Remuneration Committee of the Company is as follows: Mr. Srinivasa Vijay Kumar Appana: Non-Executive Independent Director: Chairman; Mr. Brijmohan Venkata Mandala: Non-Executive Independent Director: Member; Mr. Satya Prasad: Non-Executive Independent Director: Member; Mr. Niranjan Reddy Chintam: Executive Director: Member. Reported Earnings • Feb 14
Third quarter 2024 earnings released: EPS: ₹0.76 (vs ₹1.79 in 3Q 2023) Third quarter 2024 results: EPS: ₹0.76 (down from ₹1.79 in 3Q 2023). Revenue: ₹2.46b (up 6.5% from 3Q 2023). Net income: ₹81.3m (down 51% from 3Q 2023). Profit margin: 3.3% (down from 7.2% in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance. 공시 • Feb 06
Kellton Tech Solutions Limited to Report Q3, 2024 Results on Feb 13, 2024 Kellton Tech Solutions Limited announced that they will report Q3, 2024 results on Feb 13, 2024 Reported Earnings • Nov 12
Second quarter 2024 earnings released: EPS: ₹1.78 (vs ₹1.81 in 2Q 2023) Second quarter 2024 results: EPS: ₹1.78 (down from ₹1.81 in 2Q 2023). Revenue: ₹2.41b (up 6.1% from 2Q 2023). Net income: ₹165.3m (down 1.8% from 2Q 2023). Profit margin: 6.9% (down from 7.4% in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance. 공시 • Nov 04
Kellton Tech Solutions Limited to Report Q2, 2024 Results on Nov 10, 2023 Kellton Tech Solutions Limited announced that they will report Q2, 2024 results on Nov 10, 2023 공시 • Oct 05
Kellton Tech Solutions Limited Appoints Mr. Satya Prasad as Independent Director Kellton Tech Solutions Limited announced that at its AGM held on September 30, 2023, shareholders approved the appointment of Mr. Satya Prasad as an Independent Director of the company. 공시 • Sep 06
Kellton Tech Solutions Limited, Annual General Meeting, Sep 30, 2023 Kellton Tech Solutions Limited, Annual General Meeting, Sep 30, 2023. Reported Earnings • Aug 15
First quarter 2024 earnings released: EPS: ₹1.54 (vs ₹1.79 in 1Q 2023) First quarter 2024 results: EPS: ₹1.54 (down from ₹1.79 in 1Q 2023). Revenue: ₹2.50b (up 15% from 1Q 2023). Net income: ₹154.2m (down 5.2% from 1Q 2023). Profit margin: 6.2% (down from 7.5% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 58% per year, which means it is well ahead of earnings. 공시 • Aug 05
Kellton Tech Solutions Limited to Report Q1, 2024 Results on Aug 14, 2023 Kellton Tech Solutions Limited announced that they will report Q1, 2024 results on Aug 14, 2023 Reported Earnings • May 31
Full year 2023 earnings released: ₹13.56 loss per share (vs ₹7.30 profit in FY 2022) Full year 2023 results: ₹13.56 loss per share (down from ₹7.30 profit in FY 2022). Revenue: ₹9.20b (up 9.1% from FY 2022). Net loss: ₹1.27b (down 280% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 59% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • May 29
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹70.70, the stock trades at a trailing P/E ratio of 10x. Average trailing P/E is 26x in the IT industry in India. Total returns to shareholders of 355% over the past three years. 공시 • May 25
Kellton Tech Solutions Limited to Report Q4, 2023 Results on May 30, 2023 Kellton Tech Solutions Limited announced that they will report Q4, 2023 results on May 30, 2023 Valuation Update With 7 Day Price Move • Mar 29
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹42.00, the stock trades at a trailing P/E ratio of 5.9x. Average trailing P/E is 24x in the IT industry in India. Total returns to shareholders of 466% over the past three years. Reported Earnings • Feb 15
Third quarter 2023 earnings released: EPS: ₹1.79 (vs ₹1.76 in 3Q 2022) Third quarter 2023 results: EPS: ₹1.79. Revenue: ₹2.31b (up 5.5% from 3Q 2022). Net income: ₹165.6m (down 6.9% from 3Q 2022). Profit margin: 7.2% (down from 8.1% in 3Q 2022). The decrease in margin was driven by higher expenses. 공시 • Feb 03
Kellton Tech Solutions Limited to Report Q3, 2023 Results on Feb 14, 2023 Kellton Tech Solutions Limited announced that they will report Q3, 2023 results on Feb 14, 2023 Reported Earnings • Nov 18
Second quarter 2023 earnings released: EPS: ₹1.81 (vs ₹1.83 in 2Q 2022) Second quarter 2023 results: EPS: ₹1.81 (down from ₹1.83 in 2Q 2022). Revenue: ₹2.28b (up 9.2% from 2Q 2022). Net income: ₹168.3m (down 3.5% from 2Q 2022). Profit margin: 7.4% (down from 8.4% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 60% per year, which means it is well ahead of earnings. Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. Independent Women Director Geeta Goti was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 18
First quarter 2023 earnings released: EPS: ₹1.79 (vs ₹1.70 in 1Q 2022) First quarter 2023 results: EPS: ₹1.79. Revenue: ₹2.17b (up 6.2% from 1Q 2022). Net income: ₹162.6m (flat on 1Q 2022). Profit margin: 7.5% (down from 8.0% in 1Q 2022). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Jun 27
Investor sentiment improved over the past week After last week's 17% share price gain to ₹72.20, the stock trades at a trailing P/E ratio of 8.8x. Average trailing P/E is 26x in the IT industry in India. Total returns to shareholders of 162% over the past three years. Board Change • Jun 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 4 highly experienced directors. Additional Independent Non-Executive Director Srinivasa Vijay Appana was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 09
Third quarter 2022 earnings: EPS in line with expectations, revenues disappoint Third quarter 2022 results: EPS: ₹1.76 (down from ₹2.16 in 3Q 2021). Revenue: ₹2.20b (up 12% from 3Q 2021). Net income: ₹178.0m (down 19% from 3Q 2021). Profit margin: 8.1% (down from 11% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.6%. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 37% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Dec 27
Investor sentiment improved over the past week After last week's 15% share price gain to ₹64.15, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 31x in the IT industry in India. Total returns to shareholders of 81% over the past three years. Valuation Update With 7 Day Price Move • Dec 09
Investor sentiment improved over the past week After last week's 19% share price gain to ₹58.70, the stock trades at a trailing P/E ratio of 6.9x. Average trailing P/E is 30x in the IT industry in India. Total returns to shareholders of 91% over the past three years. Board Change • Dec 06
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. Additional Independent Non-Executive Director Srinivasa Vijay Appana was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Sep 14
Investor sentiment improved over the past week After last week's 25% share price gain to ₹54.20, the stock trades at a trailing P/E ratio of 5.8x. Average trailing P/E is 31x in the IT industry in India. Total returns to shareholders of 35% over the past three years. Valuation Update With 7 Day Price Move • Aug 21
Investor sentiment deteriorated over the past week After last week's 22% share price decline to ₹43.35, the stock trades at a trailing P/E ratio of 5.8x. Average trailing P/E is 30x in the IT industry in India. Total returns to shareholders of 4.6% over the past three years. Reported Earnings • Aug 18
First quarter 2022 earnings released: EPS ₹1.70 (vs ₹1.51 in 1Q 2021) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2022 results: Revenue: ₹2.05b (up 14% from 1Q 2021). Net income: ₹163.7m (up 13% from 1Q 2021). Profit margin: 8.0% (in line with 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has increased by 1% per year. Valuation Update With 7 Day Price Move • Jul 15
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹56.85, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 32x in the IT industry in India. Total returns to shareholders of 31% over the past three years. Reported Earnings • Jun 18
Full year 2021 earnings released: EPS ₹7.34 (vs ₹7.32 in FY 2020) The company reported a mediocre full year result with weaker profit margins, although earnings were flat and revenues improved. Full year 2021 results: Revenue: ₹7.80b (up 1.2% from FY 2020). Net income: ₹711.2m (flat on FY 2020). Profit margin: 9.1% (down from 9.2% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • May 27
Investor sentiment improved over the past week After last week's 18% share price gain to ₹74.20, the stock trades at a trailing P/E ratio of 11x. Average trailing P/E is 25x in the IT industry in India. Total returns to shareholders of 24% over the past three years. Is New 90 Day High Low • Mar 15
New 90-day low: ₹67.65 The company is down 3.0% from a price of ₹69.80 on 15 December 2020. Underperformed the Indian market, which is up 14% over the last 90 days. Lagged the IT industry, which is up 18% over the same period. Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₹71.40, the stock is trading at a trailing P/E ratio of 10.6x, down from the previous P/E ratio of 12.5x. This compares to an average P/E of 21x in the IT industry in India. Total returns to shareholders over the past three years are 19%. Reported Earnings • Feb 14
Third quarter 2021 earnings released: EPS ₹2.16 (vs ₹2.00 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹1.96b (up 2.9% from 3Q 2020). Net income: ₹218.7m (up 17% from 3Q 2020). Profit margin: 11% (up from 9.8% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Jan 15
New 90-day high: ₹79.20 The company is up 64% from its price of ₹48.30 on 16 October 2020. The Indian market is up 26% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 26% over the same period. Is New 90 Day High Low • Dec 29
New 90-day high: ₹73.45 The company is up 88% from its price of ₹39.05 on 30 September 2020. The Indian market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 20% over the same period. Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment improved over the past week After last week's 16% share price gain to ₹71.85, the stock is trading at a trailing P/E ratio of 10.7x, up from the previous P/E ratio of 9.2x. This compares to an average P/E of 21x in the IT industry in India. Total returns to shareholders over the past three years are 40%. Is New 90 Day High Low • Dec 09
New 90-day high: ₹61.80 The company is up 42% from its price of ₹43.60 on 10 September 2020. The Indian market is up 19% 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. Is New 90 Day High Low • Nov 23
New 90-day high: ₹52.60 The company is up 104% from its price of ₹25.80 on 25 August 2020. The Indian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 18% over the same period. Reported Earnings • Nov 11
Second quarter 2021 earnings released: EPS ₹1.59 The company reported a soft second quarter result with weaker earnings and profit margins, although revenues were improved. Second quarter 2021 results: Revenue: ₹1.92b (up 2.8% from 2Q 2020). Net income: ₹158.8m (down 14% from 2Q 2020). Profit margin: 8.3% (down from 9.9% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 3% per year. Is New 90 Day High Low • Oct 10
New 90-day high: ₹50.75 The company is up 238% from its price of ₹15.00 on 10 July 2020. The Indian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 37% over the same period.