Aankondiging • Mar 31
AKIT IT Consulting Private Limited agreed to acquire RP Webapps Pvt. Ltd. from Cambridge Technology Enterprises Limited (BSE:532801) for INR 0.61 million. AKIT IT Consulting Private Limited agreed to acquire RP Webapps Pvt. Ltd. from Cambridge Technology Enterprises Limited (BSE:532801) for INR 0.61 million on March 30, 2026. A cash consideration valued at INR 10 per share will be paid by AKIT IT Consulting Private Limited. Upon completion of the transfer, R.P. Web Apps Private Limited shall cease to be a wholly owned subsidiary of the Company.
For the period ending March 31, 2025, RP Webapps Pvt. Ltd. reported a total revenue of INR 48.48 million and total common equity of INR 29.83 million.
The transaction was approved by target board. Aankondiging • Jan 30
Cambridge Technology Enterprises Limited to Report Q3, 2026 Results on Feb 05, 2026 Cambridge Technology Enterprises Limited announced that they will report Q3, 2026 results on Feb 05, 2026 Aankondiging • Nov 08
Cambridge Technology Enterprises Limited to Report Q2, 2026 Results on Nov 14, 2025 Cambridge Technology Enterprises Limited announced that they will report Q2, 2026 results on Nov 14, 2025 Aankondiging • Aug 19
Cambridge Technology Enterprises Limited, Annual General Meeting, Sep 15, 2025 Cambridge Technology Enterprises Limited, Annual General Meeting, Sep 15, 2025, at 15:00 Indian Standard Time. Aankondiging • Aug 09
Cambridge Technology Enterprises Limited to Report Q1, 2026 Results on Aug 12, 2025 Cambridge Technology Enterprises Limited announced that they will report Q1, 2026 results on Aug 12, 2025 Aankondiging • May 23
Cambridge Technology Enterprises Limited to Report Q4, 2025 Results on May 29, 2025 Cambridge Technology Enterprises Limited announced that they will report Q4, 2025 results on May 29, 2025 Reported Earnings • Feb 16
Third quarter 2025 earnings released: ₹2.26 loss per share (vs ₹4.69 profit in 3Q 2024) Third quarter 2025 results: ₹2.26 loss per share (down from ₹4.69 profit in 3Q 2024). Revenue: ₹533.5m (flat on 3Q 2024). Net loss: ₹44.3m (down 148% from profit in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 117 percentage points per year, which is a significant difference in performance. Aankondiging • Feb 07
Cambridge Technology Enterprises Limited to Report Q3, 2025 Results on Feb 14, 2025 Cambridge Technology Enterprises Limited announced that they will report Q3, 2025 results on Feb 14, 2025 New Risk • Feb 07
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 Risks Debt is not well covered by operating cash flow (10% operating cash flow to total debt). Earnings have declined by 32% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Market cap is less than US$100m (₹1.62b market cap, or US$18.5m). Recent Insider Transactions • Jan 04
Insider recently sold ₹1.4m worth of stock On the 31st of December, Sudip Kar sold around 13k shares on-market at roughly ₹107 per share. This transaction amounted to 25% 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 ₹12m more than they bought in the last 12 months. Aankondiging • Jan 02
Cambridge Technology Enterprises Limited Announces Resignation of Venkata Sri Ranga Raghavan Madabhushi as Executive Vice President, Effective January 04, 2025 Cambridge Technology Enterprises Limited announced that Mr. Venkata Sri Ranga Raghavan Madabhushi (Senior Management) as Executive Vice President of the Company, has tendered his resignation (vide resignation letter dated January 02, 2025 as enclosed) from all his positions in the Company w.e.f close of business hours of January 04, 2025 in order to pursue new professional commitments that align more closely with his career goals & aspirations. Reported Earnings • Nov 16
Second quarter 2025 earnings released: ₹14.75 loss per share (vs ₹1.93 loss in 2Q 2024) Second quarter 2025 results: ₹14.75 loss per share (further deteriorated from ₹1.93 loss in 2Q 2024). Revenue: ₹424.7m (down 2.4% from 2Q 2024). Net loss: ₹289.6m (loss widened ₹251.6m from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 104 percentage points per year, which is a significant difference in performance. Aankondiging • Nov 09
Cambridge Technology Enterprises Limited to Report Q2, 2025 Results on Nov 14, 2024 Cambridge Technology Enterprises Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Reported Earnings • Aug 14
First quarter 2025 earnings released: ₹4.30 loss per share (vs ₹1.71 loss in 1Q 2024) First quarter 2025 results: ₹4.30 loss per share (further deteriorated from ₹1.71 loss in 1Q 2024). Revenue: ₹565.5m (up 7.2% from 1Q 2024). Net loss: ₹84.4m (loss widened 152% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings. Aankondiging • Aug 13
Cambridge Technology Enterprises Limited, Annual General Meeting, Sep 30, 2024 Cambridge Technology Enterprises Limited, Annual General Meeting, Sep 30, 2024, at 15:00 Indian Standard Time. Aankondiging • Aug 07
Cambridge Technology Enterprises Limited to Report Q1, 2025 Results on Aug 13, 2024 Cambridge Technology Enterprises Limited announced that they will report Q1, 2025 results on Aug 13, 2024 Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹118, the stock trades at a trailing P/E ratio of 41.4x. Average trailing P/E is 40x in the IT industry in India. Total returns to shareholders of 60% over the past three years. Recent Insider Transactions • Jul 04
Insider recently sold ₹6.4m worth of stock On the 28th of June, Nitin Tyagi sold around 50k shares on-market at roughly ₹127 per share. This transaction amounted to 84% 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 ₹10m more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment improves as stock rises 31% After last week's 31% share price gain to ₹119, the stock trades at a trailing P/E ratio of 41.9x. Average trailing P/E is 36x in the IT industry in India. Total returns to shareholders of 232% over the past three years. Valuation Update With 7 Day Price Move • Jun 12
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹92.66, the stock trades at a trailing P/E ratio of 32.5x. Average trailing P/E is 34x in the IT industry in India. Total returns to shareholders of 144% over the past three years. Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: ₹2.84 (vs ₹4.15 in FY 2023) Full year 2024 results: EPS: ₹2.84 (down from ₹4.15 in FY 2023). Revenue: ₹2.12b (up 16% from FY 2023). Net income: ₹55.8m (down 32% from FY 2023). Profit margin: 2.6% (down from 4.5% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings. Aankondiging • May 31
Cambridge Technology Enterprises Limited Appoints Prasad VDRKSV Tangella as Chief Human Resources Officer, Effective June 03, 2024 Cambridge Technology Enterprises Limited at its board meeting held on May 30, 2024 has considered and approved appointment of Mr. Prasad VDRKSV Tangella (T V Prasad) as Chief Human Resources Officer (Senior Management) of the Company. Date of appointment is June 03, 2024. Mr. Prasad carries 28+ years of experience in wide range of industries including Manufacturing, Engineering (EPC), Information Technology and Hi Tech Software Product/Semiconductor industries, across Indian and Multi National companies. Mr. Prasad brings expertise in Human Resources/Organization Development functions. Prior to joining Cambridge Technology, he was associated with Pramati Technologies and Accenture as SVP HR. He is an engineer and holds a Master's degree in Management Studies (Personnel Management) from University of Mumbai. Aankondiging • May 26
Cambridge Technology Enterprises Limited to Report Q4, 2024 Results on May 30, 2024 Cambridge Technology Enterprises Limited announced that they will report Q4, 2024 results on May 30, 2024 Recent Insider Transactions • Mar 13
Insider recently sold ₹2.0m worth of stock On the 7th of March, Nitin Tyagi sold around 16k shares on-market at roughly ₹124 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought ₹452k more than they sold in the last 12 months. Recent Insider Transactions • Mar 01
Whole Time Director recently sold ₹1.8m worth of stock On the 26th of February, Swaroop Dharani sold around 17k shares on-market at roughly ₹106 per share. This transaction amounted to 59% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Swaroop's only on-market trade for the last 12 months. Reported Earnings • Feb 13
Third quarter 2024 earnings released: EPS: ₹4.69 (vs ₹0.02 in 3Q 2023) Third quarter 2024 results: EPS: ₹4.69 (up from ₹0.02 in 3Q 2023). Revenue: ₹537.2m (up 27% from 3Q 2023). Net income: ₹92.0m (up ₹91.5m from 3Q 2023). Profit margin: 17% (up from 0.1% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 41% per year, which means it is well ahead of earnings. Aankondiging • Feb 13
Cambridge Technology Enterprises Limited Announces Resignation of GVS Ravi Kumar as Company Secretary & Compliance Officer Cambridge Technology Enterprises Limited informed that Mr. GVS Ravi Kumar, Company Secretary & Compliance Officer of the Company has tendered his resignation (vide resignation letter dated February 12, 2024 as enclosed) from all his positions in the Company effective from close of business hours of February 29, 2024. He has taken this decision owing to my other personal commitments and pursuits. Aankondiging • Feb 12
Cambridge Technology Enterprises Limited Announces Appointment of Ashish Bhattad as Company Secretary & Compliance Officer, Effective March 01, 2024 Cambridge Technology Enterprises Limited informed that Mr. Ashish Bhattad is appointed as Company Secretary & Compliance Officer of the Company, effective from March 01, 2024. Mr. Ashish Bhattad is an Associate Member of the Institute of Company Secretaries of India and a Law Graduate from Osmania University, Hyderabad. He has more than 9.5 years of experience in corporate secretarial functions, corporate governance, compliance background and legal disciplines impacting Public Listed Companies and its Foreign Subsidiaries. He worked with Cambridge Technology Enterprises Limited and Granules India Limited in the past. Aankondiging • Feb 07
Cambridge Technology Enterprises Limited to Report Q3, 2024 Results on Feb 12, 2024 Cambridge Technology Enterprises Limited announced that they will report Q3, 2024 results on Feb 12, 2024 Aankondiging • Jan 20
Cambridge Technology Enterprises Limited Announces Cessation of Amudala Sreeramulu Nageswar Rao as Independent Director The Board of Directors of Cambridge Technology Enterprises Limited by passing resolution by circulation January 19, 2024, took note of the vacation of office of Mr. Amudala Sreeramulu Nageswar Rao as an Independent Director of the Company with effect from November 10, 2023 as per Section 167 of the Companies Act, 2013. Reason of Cessation: As per Section 167 of the Companies Act, 2013, the office of the Director shall become vacant in case a Director absents himself from all the meetings of the Board of Directors held during a period of twelve months with or without seeking leave of absence of the Board. As Mr. Amudala Sreeramulu Nageswar Rao did not attend the meetings of the Board of Directors held during a period of twelve months, he ceased to be Director. Reported Earnings • Nov 12
Second quarter 2024 earnings released: ₹1.93 loss per share (vs ₹0.77 profit in 2Q 2023) Second quarter 2024 results: ₹1.93 loss per share (down from ₹0.77 profit in 2Q 2023). Revenue: ₹441.9m (up 6.5% from 2Q 2023). Net loss: ₹37.9m (down 351% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings. Aankondiging • Nov 04
Cambridge Technology Enterprises Limited to Report Q2, 2024 Results on Nov 10, 2023 Cambridge Technology Enterprises Limited announced that they will report Q2, 2024 results at 12:15 PM, Indian Standard Time on Nov 10, 2023 New Risk • Oct 31
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 7.8% 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 15% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Market cap is less than US$100m (₹1.45b market cap, or US$17.4m). Aankondiging • Oct 12
Cambridge Technology Enterprises Limited Announces Resignation of Ashish Bhattad as Company Secretary & Compliance Officer, Effective October 17, 2023 Cambridge Technology Enterprises Limited announced that Mr. Ashish Bhattad, company secretary & compliance officer of the company has tendered his resignation from all his positions in the company with effect from close of business hours of October 17, 2023 in order to pursue further career and growth opportunities outside the company. Reported Earnings • Aug 13
First quarter 2024 earnings released: ₹1.71 loss per share (vs ₹3.56 profit in 1Q 2023) First quarter 2024 results: ₹1.71 loss per share (down from ₹3.56 profit in 1Q 2023). Revenue: ₹527.5m (up 45% from 1Q 2023). Net loss: ₹33.6m (down 148% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Aug 12
Cambridge Technology Enterprises Limited, Annual General Meeting, Sep 27, 2023 Cambridge Technology Enterprises Limited, Annual General Meeting, Sep 27, 2023, at 15:00 Indian Standard Time. Aankondiging • Aug 05
Cambridge Technology Enterprises Limited to Report Q1, 2024 Results on Aug 11, 2023 Cambridge Technology Enterprises Limited announced that they will report Q1, 2024 results on Aug 11, 2023 Aankondiging • Aug 01
Cambridge Technology Enterprises Limited (BSE:532801) acquired R.P. Web Apps Private Limited for INR 30 million. Cambridge Technology Enterprises Limited (BSE:532801) agreed to acquire R.P. Web Apps Private Limited for INR 30 million on June 23, 2023. R.P. Web Apps Private Limited reported a Turnover of INR 51.9 million along with Net Income of INR 5.4 million and Total Common equity of 47.5 million in Financial year ending 2022-23.Transaction has already been approved by Board of director's of Cambridge Technology Enterprises Limited. Transaction is expected to Complete on July 30, 2023.
Cambridge Technology Enterprises Limited (BSE:532801) completed the acquisition of R.P. Web Apps Private Limited on July 31, 2023. Recent Insider Transactions • Jul 03
Insider recently sold ₹667k worth of stock On the 30th of June, Sudip Kar sold around 9k shares on-market at roughly ₹74.13 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought ₹5.6m more than they sold in the last 12 months. Aankondiging • Jun 24
Cambridge Technology Enterprises Limited (BSE:532801) agreed to acquire R.P. Web Apps Private Limited for INR 30 million. Cambridge Technology Enterprises Limited (BSE:532801) agreed to acquire R.P. Web Apps Private Limited for INR 30 million on June 23, 2023 R.P. Web Apps Private Limited reported a Turnover of INR 51.99 million, Net Income of INR 5.4 million and Total Common equity of 47.5 million in Financial year ending 2022-23. . Transaction was already approved by Cambridge Technology Enterprises Limited's board of director's.Transaction is expected to Complete on July 30, 2023. New Risk • Jun 14
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 7.8% 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 9.3% per year over the past 5 years. High level of non-cash earnings (33% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Profit margins are more than 30% lower than last year (4.5% net profit margin). Market cap is less than US$100m (₹1.40b market cap, or US$17.1m). Reported Earnings • May 30
Full year 2023 earnings released: EPS: ₹4.15 (vs ₹4.99 in FY 2022) Full year 2023 results: EPS: ₹4.15 (down from ₹4.99 in FY 2022). Revenue: ₹1.85b (up 65% from FY 2022). Net income: ₹81.5m (down 17% from FY 2022). Profit margin: 4.4% (down from 8.7% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • May 24
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹64.05, the stock trades at a trailing P/E ratio of 10.3x. Average trailing P/E is 27x in the IT industry in India. Total returns to shareholders of 334% over the past three years. Aankondiging • May 20
Cambridge Technology Enterprises Limited to Report Q4, 2023 Results on May 26, 2023 Cambridge Technology Enterprises Limited announced that they will report Q4, 2023 results on May 26, 2023 Recent Insider Transactions • Mar 17
Insider recently bought ₹1.3m worth of stock On the 13th of March, Anuradhar Kalra bought around 24k shares on-market at roughly ₹52.20 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Feb 14
Third quarter 2023 earnings released: EPS: ₹0.02 (vs ₹0.28 in 3Q 2022) Third quarter 2023 results: EPS: ₹0.02 (down from ₹0.28 in 3Q 2022). Revenue: ₹431.5m (up 42% from 3Q 2022). Net income: ₹487.0k (down 91% from 3Q 2022). Profit margin: 0.1% (down from 1.8% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 34% per year whereas the company’s share price has increased by 35% per year. Aankondiging • Feb 07
Cambridge Technology Enterprises Limited to Report Q3, 2023 Results on Feb 13, 2023 Cambridge Technology Enterprises Limited announced that they will report Q3, 2023 results on Feb 13, 2023 Aankondiging • Jan 14
Cambridge Technology Enterprises Limited Appoints Mr. Chirravuri Subrahmanya Leeladhar, as an Additional Director (Executive) of the Company with Effect from January 14, 2023 Cambridge Technology Enterprises Limited announced that on recommendation of the Nomination and Remuneration Committee, the Board of Directors at their meeting held on January 13, 2023, approved appointment of Mr. Chirravuri Subrahmanya Leeladhar, Chief Financial Officer of the Company (Director Identification No. 01643014) as an Additional Director (Executive) of the Company with effect from January 14, 2023. Term of Appointment: Appointed as an Additional Executive Director on the Board of the Company. He is also appointed as Whole Time Director/Executive Director for a period of up to five consecutive years commencing January 14, 2023 subject to approval of members of the Company. He will be designated as Executive Director & Chief Financial Officer (CFO). Brief Profile: Mr. Chirravuri Subrahmanya Leeladhar is a Chartered Accountant (CA) and Cost & Works Accountant (CWA) with over 30 years of experience in IT, ITES, logistics, petroleum, EPC, manufacturing and trading sectors. His areas of expertise are corporate finance, IPO, Mergers & acquisitions, MIS, US GAAP, and taxation. He is associated with Company as CFO since August 09, 2018. He also worked with companies like M/s. Central India Polysters Ltd, LGS global, Shell petroleum, Sujana Towers, Gold Stone Group, Seaways Shipping & Logistics Ltd. and Tenny Jose Ltd. in the past. Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹48.55, the stock trades at a trailing P/E ratio of 7.5x. Average trailing P/E is 25x in the IT industry in India. Total returns to shareholders of 113% over the past three years. Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: ₹0.77 (vs ₹1.67 in 2Q 2022) Second quarter 2023 results: EPS: ₹0.77 (down from ₹1.67 in 2Q 2022). Revenue: ₹412.8m (up 48% from 2Q 2022). Net income: ₹15.1m (down 54% from 2Q 2022). Profit margin: 3.7% (down from 12% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Nov 12
Second quarter 2023 earnings released: EPS: ₹0.77 (vs ₹1.67 in 2Q 2022) Second quarter 2023 results: EPS: ₹0.77 (down from ₹1.67 in 2Q 2022). Revenue: ₹412.8m (up 48% from 2Q 2022). Net income: ₹15.1m (down 54% from 2Q 2022). Profit margin: 3.7% (down from 12% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment improved over the past week After last week's 26% share price gain to ₹77.35, the stock trades at a trailing P/E ratio of 10.1x. Average trailing P/E is 25x in the IT industry in India. Total returns to shareholders of 172% over the past three years. Reported Earnings • Aug 15
First quarter 2023 earnings released First quarter 2023 results: Revenue: ₹380.0m (up 53% from 1Q 2022). Net income: ₹69.9m (up 211% from 1Q 2022). Profit margin: 18% (up from 9.1% in 1Q 2022). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹53.50, the stock trades at a trailing P/E ratio of 10.7x. Average trailing P/E is 27x in the IT industry in India. Total returns to shareholders of 63% over the past three years. Valuation Update With 7 Day Price Move • Jun 03
Investor sentiment improved over the past week After last week's 17% share price gain to ₹64.25, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 27x in the IT industry in India. Total returns to shareholders of 62% over the past three years. Reported Earnings • Jun 02
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: ₹4.99 (up from ₹4.49 in FY 2021). Revenue: ₹1.12b (up 2.5% from FY 2021). Net income: ₹98.0m (up 11% from FY 2021). Profit margin: 8.7% (up from 8.0% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.3%. Earnings per share (EPS) also missed analyst estimates by 3.3%. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jan 21
Investor sentiment improved over the past week After last week's 24% share price gain to ₹108, the stock trades at a trailing P/E ratio of 37.6x. Average trailing P/E is 34x in the IT industry in India. Total returns to shareholders of 150% over the past three years. Valuation Update With 7 Day Price Move • Dec 24
Investor sentiment improved over the past week After last week's 23% share price gain to ₹83.45, the stock trades at a trailing P/E ratio of 26.8x. Average trailing P/E is 31x in the IT industry in India. Total returns to shareholders of 94% over the past three years. Valuation Update With 7 Day Price Move • Dec 07
Investor sentiment improved over the past week After last week's 19% share price gain to ₹65.10, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 28x in the IT industry in India. Total returns to shareholders of 51% over the past three years. Reported Earnings • Nov 15
Second quarter 2022 earnings released: EPS ₹1.67 (vs ₹3.23 in 2Q 2021) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: ₹281.9m (up 28% from 2Q 2021). Net income: ₹32.9m (down 48% from 2Q 2021). Profit margin: 12% (down from 29% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Oct 11
Investor sentiment improved over the past week After last week's 19% share price gain to ₹67.70, the stock trades at a trailing P/E ratio of 15.1x. Average trailing P/E is 34x in the IT industry in India. Total returns to shareholders of 46% over the past three years. Valuation Update With 7 Day Price Move • Sep 15
Investor sentiment improved over the past week After last week's 19% share price gain to ₹60.10, the stock trades at a trailing P/E ratio of 13.7x. Average trailing P/E is 32x in the IT industry in India. Total returns to shareholders of 14% over the past three years. Valuation Update With 7 Day Price Move • Aug 02
Investor sentiment improved over the past week After last week's 27% share price gain to ₹93.95, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 32x in the IT industry in India. Total returns to shareholders of 88% over the past three years. Valuation Update With 7 Day Price Move • Jul 06
Investor sentiment improved over the past week After last week's 27% share price gain to ₹43.45, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 32x in the IT industry in India. Total loss to shareholders of 19% over the past three years. Reported Earnings • Jul 02
Full year 2021 earnings released: EPS ₹4.49 (vs ₹2.43 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹1.16b (up 10% from FY 2020). Net income: ₹88.1m (up 85% from FY 2020). Profit margin: 7.6% (up from 4.5% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Executive Departure • Apr 27
Head of Investor Relations & Manager of Corporate Finance has left the company On the 23rd of April, Hanumant Bhansali's tenure as Head of Investor Relations & Manager of Corporate Finance ended after 5.2 years in the role. We don't have any record of a personal shareholding under Hanumant's name. Hanumant is the only executive to leave the company over the last 12 months. Is New 90 Day High Low • Feb 23
New 90-day low: ₹32.25 The company is down 2.0% from its price of ₹33.05 on 25 November 2020. The Indian market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 15% over the same period. Reported Earnings • Feb 11
Third quarter 2021 earnings released: ₹6.11 loss per share (vs ₹0.65 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: ₹248.6m (down 31% from 3Q 2020). Net loss: ₹119.9m (down ₹132.6m from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Jan 01
Investor sentiment improved over the past week After last week's 17% share price gain to ₹48.70, the stock is trading at a trailing P/E ratio of 8.9x, up from the previous P/E ratio of 7.6x. This compares to an average P/E of 23x in the IT industry in India. Total return to shareholders over the past three years is a loss of 44%. Is New 90 Day High Low • Dec 31
New 90-day high: ₹46.40 The company is up 84% from its price of ₹25.15 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 19% over the same period.