Aankondiging • May 20
Antarctica Limited to Report Fiscal Year 2026 Results on May 28, 2026 Antarctica Limited announced that they will report fiscal year 2026 results on May 28, 2026 Board Change • May 20
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. 1 highly experienced director. Non-Executive Non-Independent Director Renu Kuthari is the most experienced director on the board, commencing their role in 1991. 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 • Feb 25
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. 1 highly experienced director. Non-Executive Non-Independent Director Renu Kuthari is the most experienced director on the board, commencing their role in 1991. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Feb 17
Third quarter 2026 earnings released: EPS: ₹1.00 (vs ₹0.04 in 3Q 2025) Third quarter 2026 results: EPS: ₹1.00. Revenue: ₹229.4m (up 29% from 3Q 2025). Net income: ₹2.16m (down 64% from 3Q 2025). Profit margin: 0.9% (down from 3.3% in 3Q 2025). The decrease in margin was driven by higher expenses. Aankondiging • Feb 10
Antarctica Limited to Report Q3, 2026 Results on Feb 13, 2026 Antarctica Limited announced that they will report Q3, 2026 results on Feb 13, 2026 Board Change • Feb 05
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. 1 highly experienced director. Non-Executive Non-Independent Director Renu Kuthari is the most experienced director on the board, commencing their role in 1991. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Aankondiging • Sep 10
Antarctica Limited, Annual General Meeting, Sep 30, 2025 Antarctica Limited, Annual General Meeting, Sep 30, 2025, at 15:00 Indian Standard Time. New Risk • Jun 27
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₹26m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹26m free cash flow). Share price has been highly volatile over the past 3 months (9.4% average weekly change). Earnings have declined by 78% per year over the past 5 years. Market cap is less than US$10m (₹209.3m market cap, or US$2.45m). Minor Risk Revenue is less than US$5m (₹251m revenue, or US$2.9m). New Risk • Jun 11
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 8.3% 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 Risks Earnings have declined by 78% per year over the past 5 years. Market cap is less than US$10m (₹234.1m market cap, or US$2.74m). Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Revenue is less than US$5m (₹185m revenue, or US$2.2m). Board Change • May 28
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Non-Executive Non-Independent Director Renu Kuthari is the most experienced director on the board, commencing their role in 1991. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Mar 06
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Non-Executive Non-Independent Director Renu Kuthari is the most experienced director on the board, commencing their role in 1991. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Nov 19
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Non-Executive Non-Independent Director Renu Kuthari is the most experienced director on the board, commencing their role in 1991. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 16
Second quarter 2025 earnings released: ₹0.01 loss per share (vs ₹0.006 loss in 2Q 2024) Second quarter 2025 results: ₹0.01 loss per share (further deteriorated from ₹0.006 loss in 2Q 2024). Net loss: ₹2.03m (loss widened 123% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 123 percentage points per year, which is a significant difference in performance. Aankondiging • Oct 19
Antarctica Limited Announces the resignation of Ummay Amen Mashraqi from the Post of Company Secretary Antarctica Limited announced that Ummay Amen Mashraqi has resigned from the Post of Company Secretary, for better opportunity with effect from October 17, 2024. Aankondiging • Oct 02
Antarctica Limited Approves Board Appointments Antarctica Limited at its 32nd AGM held on September 30, 2024 approved to regularize the appointment of Mr. Rajesh Mangilal Sharma as Director of the company; Regularize of Additional Director, Mr. Nikhil Vasantbhai Gajjar by appointing him as Non-Executive Independent director of the Company; Regularize of Additional Director, Mr. Jay rajeshbahi Patel by appointing him as Non-Executive Independent director of the Company; Regularize of Additional Director, Mr. Sarikaben Anketkumar Ladani by appointing him as Non-Executive Independent director of the Company. Board Change • Sep 18
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Non-Executive Non-Independent Director Renu Kuthari is the most experienced director on the board, commencing their role in 1991. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Sep 11
Antarctica Limited, Annual General Meeting, Sep 30, 2024 Antarctica Limited, Annual General Meeting, Sep 30, 2024, at 16:30 Indian Standard Time. Reported Earnings • Aug 16
First quarter 2025 earnings released: ₹0.014 loss per share (vs ₹0.003 loss in 1Q 2024) First quarter 2025 results: ₹0.014 loss per share (further deteriorated from ₹0.003 loss in 1Q 2024). Net loss: ₹2.25m (loss widened 445% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 137 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • May 09
Insider recently sold ₹6.0m worth of stock On the 6th of May, Jyoti Kuthari sold around 4m shares on-market at roughly ₹1.57 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹14m more than they bought in the last 12 months. New Risk • May 02
New major risk - Revenue and earnings growth Earnings have declined by 6.2% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 6.2% per year over the past 5 years. Revenue is less than US$1m (₹8.4m revenue, or US$101k). Market cap is less than US$10m (₹224.8m market cap, or US$2.69m). Minor Risk Significant insider selling over the past 3 months (₹7.0m sold). Aankondiging • May 01
Antarctica Limited to Report Q4, 2024 Results on Apr 29, 2024 Antarctica Limited announced that they will report Q4, 2024 results on Apr 29, 2024 Aankondiging • Apr 10
Antarctica Limited Announces Resignation of Board of Directors Antarctica Limited announced that the board meeting held on April 10, 2024, approved the resignation of Mr. Rishabh Vijay Khanna from the post of whole time director of the company with effect from April 10, 2024. The company announced that the resignation of Mr. Arshad Riyaz Ahmed Shaikh from the post of non-executive independent director of the company with effect from April 10, 2024. Recent Insider Transactions • Mar 30
Non-Executive Non-Independent Director recently sold ₹1.7m worth of stock On the 26th of March, Renu Kuthari sold around 1m shares on-market at roughly ₹1.54 per share. This transaction amounted to 71% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹3.6m. Insiders have been net sellers, collectively disposing of ₹7.0m more than they bought in the last 12 months. Reported Earnings • Jan 30
Third quarter 2024 earnings released Third quarter 2024 results: ₹0.004 loss per share. Net loss: ₹681.0k (down ₹725.0k from profit in 3Q 2023). Reported Earnings • Aug 12
First quarter 2024 earnings released: ₹0.003 loss per share (vs ₹0.007 loss in 1Q 2023) First quarter 2024 results: ₹0.003 loss per share (improved from ₹0.007 loss in 1Q 2023). Revenue: ₹1.72m (up 29% from 1Q 2023). Net loss: ₹413.0k (loss narrowed 60% from 1Q 2023). Reported Earnings • May 23
Full year 2023 earnings released: EPS: ₹0 (vs ₹0.001 in FY 2022) Full year 2023 results: EPS: ₹0 (down from ₹0.001 in FY 2022). Net loss: ₹50.0k (down 133% from profit in FY 2022). Aankondiging • May 19
Antarctica Limited to Report Q4, 2023 Results on May 17, 2023 Antarctica Limited announced that they will report Q4, 2023 results on May 17, 2023 Reported Earnings • Feb 19
Third quarter 2023 earnings released: EPS: ₹0.001 (vs ₹0.001 in 3Q 2022) Third quarter 2023 results: EPS: ₹0.001 (in line with 3Q 2022). Net income: ₹44.0k (down 65% from 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance. Aankondiging • Sep 10
Antarctica Limited, Annual General Meeting, Sep 30, 2022 Antarctica Limited, Annual General Meeting, Sep 30, 2022, at 11:00 Indian Standard Time. Location: 1A, Vidyasagar Street, Kolkata -70C009 Kolkata West Bengal India Agenda: To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended 31 March 2022 and the Reports of the Auditors and Directors thereon; to appoint a Director in place of Mr. Rohit Kuthari who retires by rotation and being eligible offers himself for re- appointment; to consider appointment of M/s. S. Guha & Associates, Chartered Accountants, as Statutory Auditors of the company for a term of 5 consecutive years. Reported Earnings • Aug 04
First quarter 2023 earnings released: ₹0.007 loss per share (vs ₹0 in 1Q 2022) First quarter 2023 results: ₹0.007 loss per share (down from ₹0 in 1Q 2022). Net loss: ₹1.02m (down ₹1.08m from profit in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • May 21
Key Executive recently sold ₹2.4m worth of stock On the 17th of May, Rohit Kuthari sold around 2m shares on-market at roughly ₹1.24 per share. In the last 3 months, they made an even bigger sale worth ₹3.1m. Rohit has been a seller over the last 12 months, reducing personal holdings by ₹39m. Recent Insider Transactions • Apr 27
Executive Director recently sold ₹1.4m worth of stock On the 20th of April, Renu Kuthari sold around 953k shares on-market at roughly ₹1.48 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹6.6m. Insiders have been net sellers, collectively disposing of ₹39m more than they bought in the last 12 months. Reported Earnings • Apr 16
Full year 2022 earnings released: EPS: ₹0.001 (vs ₹0.001 in FY 2021) Full year 2022 results: EPS: ₹0.001 (vs ₹0.001 in FY 2021). Revenue: ₹10.5m (down 2.6% from FY 2021). Net income: ₹151.0k (down 11% from FY 2021). Profit margin: 1.4% (down from 1.6% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Apr 03
Key Executive recently sold ₹3.1m worth of stock On the 31st of March, Rohit Kuthari sold around 2m shares on-market at roughly ₹1.46 per share. In the last 3 months, they made an even bigger sale worth ₹14m. Rohit has been a seller over the last 12 months, reducing personal holdings by ₹35m. Recent Insider Transactions • Mar 13
Executive Director recently sold ₹1.4m worth of stock On the 9th of March, Renu Kuthari sold around 950k shares on-market at roughly ₹1.45 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹14m. Insiders have been net sellers, collectively disposing of ₹29m more than they bought in the last 12 months. Recent Insider Transactions • Feb 25
Key Executive recently sold ₹1.4m worth of stock On the 23rd of February, Rohit Kuthari sold around 764k shares on-market at roughly ₹1.85 per share. In the last 3 months, they made an even bigger sale worth ₹14m. Rohit has been a seller over the last 12 months, reducing personal holdings by ₹26m. Recent Insider Transactions • Jan 30
Key Executive recently sold ₹14m worth of stock On the 27th of January, Rohit Kuthari sold around 5m shares on-market at roughly ₹2.79 per share. This was the largest sale by an insider in the last 3 months. This was Rohit's only on-market trade for the last 12 months. Reported Earnings • Jan 20
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.001 (down from ₹0.004 in 3Q 2021). Net income: ₹124.0k (down 78% from 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 68% per year whereas the company’s share price has increased by 73% per year. Reported Earnings • Nov 12
Second quarter 2022 earnings released: EPS ₹0.001 (vs ₹0.002 in 2Q 2021) Second quarter 2022 results: Net income: ₹103.0k (down 64% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jul 04
Full year 2021 earnings released: EPS ₹0.001 (vs ₹0.002 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹12.3m (down 6.4% from FY 2020). Net income: ₹169.0k (down 54% from FY 2020). Profit margin: 1.4% (down from 2.8% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 8% per year.