Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹3.33, the stock trades at a trailing P/E ratio of 38.6x. Average trailing P/E is 23x in the IT industry in India. Total loss to shareholders of 58% over the past three years. Reported Earnings • Jun 01
Full year 2026 earnings released: EPS: ₹0.09 (vs ₹0.17 loss in FY 2025) Full year 2026 results: EPS: ₹0.09 (up from ₹0.17 loss in FY 2025). Revenue: ₹53.1m (down 8.5% from FY 2025). Net income: ₹914.0k (up ₹2.68m from FY 2025). Profit margin: 1.7% (up from net loss in FY 2025). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings. Aankondiging • May 26
Tranway21 Technologies Limited to Report Fiscal Year 2026 Results on May 30, 2026 Tranway21 Technologies Limited announced that they will report fiscal year 2026 results at 3:30 PM, Indian Standard Time on May 30, 2026 Board Change • May 25
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. 3 experienced directors. 2 highly experienced directors. Non-Executive Independent Director Nagaraj Ramasubbarao 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. Board Change • May 04
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. 3 experienced directors. 2 highly experienced directors. Non-Executive Independent Director Nagaraj Ramasubbarao 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. Board Change • Mar 17
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. 3 experienced directors. 2 highly experienced directors. Non-Executive Independent Director Nagaraj Ramasubbarao 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. Board Change • Feb 10
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. 3 experienced directors. 2 highly experienced directors. Non-Executive Independent Director Nagaraj Ramasubbarao 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. Board Change • Dec 09
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. 3 experienced directors. 2 highly experienced directors. Non-Executive Independent Director Nagaraj Ramasubbarao 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. Aankondiging • Nov 11
Tranway21 Technologies Limited to Report First Half, 2026 Results on Nov 14, 2025 Tranway21 Technologies Limited announced that they will report first half, 2026 results on Nov 14, 2025 Board Change • Nov 03
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. 3 experienced directors. 2 highly experienced directors. Non-Executive Independent Director Nagaraj Ramasubbarao 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 • Sep 11
Full year 2025 earnings released: ₹0.17 loss per share (vs ₹0.17 loss in FY 2024) Full year 2025 results: ₹0.17 loss per share (improved from ₹0.17 loss in FY 2024). Revenue: ₹58.1m (up 25% from FY 2024). Net loss: ₹1.77m (loss narrowed 4.6% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance. Aankondiging • Sep 08
Tranway21 Technologies Limited, Annual General Meeting, Sep 30, 2025 Tranway21 Technologies Limited, Annual General Meeting, Sep 30, 2025, at 11:00 Indian Standard Time. Board Change • Sep 03
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. 3 experienced directors. 2 highly experienced directors. Non-Executive Independent Director Nagaraj Ramasubbarao 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. Board Change • Aug 07
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. 3 experienced directors. 2 highly experienced directors. Non-Executive Independent Director Nagaraj Ramasubbarao 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. Board Change • Jun 27
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. 3 experienced directors. 2 highly experienced directors. Non-Executive Independent Director Nagaraj Ramasubbarao 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. Buy Or Sell Opportunity • Jun 03
Now 28% overvalued Over the last 90 days, the stock has fallen 15% to ₹5.69. The fair value is estimated to be ₹4.45, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 27% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Jun 02
Full year 2025 earnings released: ₹0.17 loss per share (vs ₹0.17 loss in FY 2024) Full year 2025 results: ₹0.17 loss per share (improved from ₹0.17 loss in FY 2024). Revenue: ₹58.2m (up 25% from FY 2024). Net loss: ₹1.72m (loss narrowed 6.9% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance. Board Change • May 29
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. 3 experienced directors. 2 highly experienced directors. Non-Executive Independent Director Nagaraj Ramasubbarao 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. Aankondiging • May 26
Tranway21 Technologies Limited to Report Q4, 2025 Results on May 30, 2025 Tranway21 Technologies Limited announced that they will report Q4, 2025 results on May 30, 2025 Board Change • May 15
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. 3 experienced directors. 2 highly experienced directors. Non-Executive Independent Director Nagaraj Ramasubbarao 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. Board Change • May 01
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. 3 experienced directors. 2 highly experienced directors. Non-Executive Independent Director Nagaraj Ramasubbarao 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. New Risk • Nov 21
New major risk - Revenue and earnings growth Earnings have declined by 11% 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 Shares are highly illiquid. Earnings have declined by 11% per year over the past 5 years. Revenue is less than US$1m (₹48m revenue, or US$565k). Market cap is less than US$10m (₹63.5m market cap, or US$751.9k). Aankondiging • Nov 08
Tranway Technologies Limited to Report First Half, 2025 Results on Nov 14, 2024 Tranway Technologies Limited announced that they will report first half, 2025 results on Nov 14, 2024 Aankondiging • Sep 09
Tranway Technologies Limited, Annual General Meeting, Sep 28, 2024 Tranway Technologies Limited, Annual General Meeting, Sep 28, 2024, at 10:00 Indian Standard Time. Reported Earnings • Sep 06
Full year 2024 earnings released: ₹0.17 loss per share (vs ₹0.32 profit in FY 2023) Full year 2024 results: ₹0.17 loss per share (down from ₹0.32 profit in FY 2023). Revenue: ₹47.3m (down 42% from FY 2023). Net loss: ₹1.85m (down 154% from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance. New Risk • Jun 01
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (₹58m revenue, or US$693k). Market cap is less than US$10m (₹68.9m market cap, or US$825.9k). Minor Risk Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Aankondiging • May 25
Tranway Technologies Limited to Report Fiscal Year 2024 Results on May 30, 2024 Tranway Technologies Limited announced that they will report fiscal year 2024 results on May 30, 2024 New Risk • Mar 31
New major risk - Revenue and earnings growth Revenue has declined by 18% over the past year. 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 revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue 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 Shares are highly illiquid. Revenue has declined by 18% over the past year. Revenue is less than US$1m (₹81m revenue, or US$973k). Market cap is less than US$10m (₹71.0m market cap, or US$852.2k). Minor Risks Latest financial reports are more than 6 months old (reported March 2023 fiscal period end). Profit margins are more than 30% lower than last year (4.2% net profit margin). New Risk • Mar 26
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Revenue is less than US$1m (₹81m revenue, or US$973k). Market cap is less than US$10m (₹67.3m market cap, or US$807.5k). Minor Risks Latest financial reports are more than 6 months old (reported March 2023 fiscal period end). Profit margins are more than 30% lower than last year (4.2% net profit margin). Valuation Update With 7 Day Price Move • Dec 19
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹6.65, the stock trades at a trailing P/E ratio of 20.7x. Average trailing P/E is 44x in the IT industry in India. Total returns to shareholders of 90% over the past three years. Aankondiging • Nov 08
Tranway Technologies Limited to Report Q2, 2024 Results on Nov 14, 2023 Tranway Technologies Limited announced that they will report Q2, 2024 results on Nov 14, 2023 Aankondiging • Sep 10
Tranway Technologies Limited, Annual General Meeting, Sep 30, 2023 Tranway Technologies Limited, Annual General Meeting, Sep 30, 2023, at 11:00 Indian Standard Time. Reported Earnings • Jun 03
Full year 2023 earnings released: EPS: ₹0.32 (vs ₹0.96 in FY 2022) Full year 2023 results: EPS: ₹0.32 (down from ₹0.96 in FY 2022). Revenue: ₹81.9m (down 18% from FY 2022). Net income: ₹3.41m (down 67% from FY 2022). Profit margin: 4.2% (down from 10% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Aankondiging • May 22
Tranway Technologies Limited to Report Fiscal Year 2023 Results on May 30, 2023 Tranway Technologies Limited announced that they will report fiscal year 2023 results on May 30, 2023 Valuation Update With 7 Day Price Move • Nov 29
Investor sentiment improved over the past week After last week's 34% share price gain to ₹12.90, the stock trades at a trailing P/E ratio of 32.1x. Average trailing P/E is 24x in the IT industry in India. Aankondiging • Nov 08
Tranway Technologies Limited to Report First Half, 2023 Results on Nov 14, 2022 Tranway Technologies Limited announced that they will report first half, 2023 results on Nov 14, 2022 Reported Earnings • Sep 14
Full year 2022 earnings released: EPS: ₹0.96 (vs ₹0.094 in FY 2021) Full year 2022 results: EPS: ₹0.96 (up from ₹0.094 in FY 2021). Revenue: ₹99.3m (up 58% from FY 2021). Net income: ₹10.2m (up ₹9.19m from FY 2021). Profit margin: 10% (up from 1.6% in FY 2021). The increase in margin was driven by higher revenue. Aankondiging • Sep 09
Tranway Technologies Limited, Annual General Meeting, Sep 30, 2022 Tranway Technologies Limited, Annual General Meeting, Sep 30, 2022, at 16:00 Indian Standard Time. Agenda: To receive, consider and adopt audited standalone financial Statements along with the auditor's report of the company for the Financial year ended March 31, 2022; to receive, consider and adopt audited consolidated financial Statements along with the auditor's report of the company for the Financial year ended March 31, 2022; to receive, consider and adopt the report of the board of directors for the financial year ended March 31, 2022; and to consider other matters. Valuation Update With 7 Day Price Move • Aug 25
Investor sentiment improved over the past week After last week's 29% share price gain to ₹11.49, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 25x in the IT industry in India. Total returns to shareholders of 28% over the past year. Valuation Update With 7 Day Price Move • Jun 25
Investor sentiment deteriorated over the past week After last week's 19% share price decline to ₹8.05, the stock trades at a trailing P/E ratio of 8.4x. Average trailing P/E is 26x in the IT industry in India. Total returns to shareholders of 34% over the past year. Reported Earnings • Jun 01
Full year 2022 earnings released: EPS: ₹0.96 (vs ₹0.094 in FY 2021) Full year 2022 results: EPS: ₹0.96 (up from ₹0.094 in FY 2021). Revenue: ₹100.2m (up 59% from FY 2021). Net income: ₹10.2m (up ₹9.19m from FY 2021). Profit margin: 10% (up from 1.6% in FY 2021). The increase in margin was driven by higher revenue. Board Change • May 31
High number of new directors Non-Executive Independent Director Susurla Ramasubbarao Nagaraj was the last director to join the board, commencing their role in 2022. Aankondiging • May 24
Tranway Technologies Limited to Report Fiscal Year 2022 Results on May 30, 2022 Tranway Technologies Limited announced that they will report fiscal year 2022 results on May 30, 2022 Board Change • Apr 27
High number of new directors Non-Executive Independent Director Susurla Ramasubbarao Nagaraj was the last director to join the board, commencing their role in 2022. Board Change • Apr 15
High number of new directors Non-Executive Independent Director Susurla Ramasubbarao Nagaraj was the last director to join the board, commencing their role in 2022. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improved over the past week After last week's 23% share price gain to ₹13.80, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 33x in the IT industry in India. Total returns to shareholders of 27% over the past year. Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹12.35, the stock trades at a trailing P/E ratio of 10.5x. Average trailing P/E is 32x in the IT industry in India. Total returns to shareholders of 52% over the past year. Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹15.70, the stock trades at a trailing P/E ratio of 13.4x. Average trailing P/E is 31x in the IT industry in India. Total returns to shareholders of 155% over the past year. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment improved over the past week After last week's 17% share price gain to ₹17.15, the stock trades at a trailing P/E ratio of 14.6x. Average trailing P/E is 31x in the IT industry in India. Total returns to shareholders of 295% over the past year. Board Change • Nov 12
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. 1 experienced director. No highly experienced directors. Founder & Whole Time Director Bharat Bylappa is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Oct 11
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. 1 experienced director. No highly experienced directors. Founder & Whole Time Director Bharat Bylappa is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Sep 17
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. 1 experienced director. No highly experienced directors. Founder & Whole Time Director Bharat Bylappa is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 04
Full year 2021 earnings released: EPS ₹0.09 (vs ₹0.66 loss in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹63.2m (up 14% from FY 2020). Net income: ₹999.0k (up ₹3.15m from FY 2020). Profit margin: 1.6% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Is New 90 Day High Low • Feb 17
New 90-day high: ₹5.33 The company is up 15% from its price of ₹4.64 on 19 November 2020. The Indian market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 21% over the same period. Is New 90 Day High Low • Jan 04
New 90-day high: ₹5.05 The company is up 21% from its price of ₹4.16 on 01 October 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 14% over the same period. Aankondiging • Dec 27
Tranway Technologies Limited, Annual General Meeting, Dec 26, 2020 Tranway Technologies Limited, Annual General Meeting, Dec 26, 2020, at 11:30 Indian Standard Time. Agenda: To receive, consider and adopt Audited Standalone Financial Statements along with the Auditor’s Report of the Company for the Financial Year ended March 31, 2020; To receive, consider and adopt Audited Consolidated Financial Statements along with the Auditor’s Report of the Company for the Financial Year ended March 31, 2020; To receive, consider and adopt the Report of the Board of Directors’ for the Financial Year ended March 31, 2020; To consider and approve an appointment of Statutory Auditors for a period of 5 years. Aankondiging • Dec 05
Tranway Technologies Limited, Annual General Meeting, Dec 26, 2020 Tranway Technologies Limited, Annual General Meeting, Dec 26, 2020, at 11:30 Indian Standard Time. Agenda: To receive, consider and adopt Audited Standalone Financial Statements along with the Auditor's Report of the Company for the Financial Year ended March 31, 2020; to consider and adopt Audited Consolidated Financial Statements along with the Auditor's Report of the Company for the Financial Year ended March 31, 2020; to consider and adopt the Report of the Board of Directors' for the Financial Year ended March 31, 2020; to consider and approve an appointment of Statutory Auditors for a period of 5 years. Aankondiging • Nov 11
Tranway Technologies Limited to Report First Half, 2021 Results on Nov 14, 2020 Tranway Technologies Limited announced that they will report first half, 2021 results on Nov 14, 2020 Aankondiging • Jul 25
Tranway Technologies Limited to Report Second Half, 2020 Results on Jul 31, 2020 Tranway Technologies Limited announced that they will report second half, 2020 results on Jul 31, 2020