Valuation Update With 7 Day Price Move • Apr 23
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to ₹238, the stock trades at a trailing P/E ratio of 31.7x. Average trailing P/E is 28x in the Software industry in India. Total returns to shareholders of 591% over the past three years. Aankondiging • Apr 22
Sigma Advanced Systems Limited (BSE:532408) acquired 51% stake in As Strategic Private Limited. Sigma Advanced Systems Limited (BSE:532408) signed a Share Purchase Agreement to acquire 51% stake in As Strategic Private Limited for INR 200 million on February 10, 2026. The consideration will be paid in cash. For the period ending March 31, 2025, As Strategic Private Limited reported total revenue of INR 60.8 million.
The transaction has been approved by the board of directors of Sigma Advanced Systems Limited. The transaction is expected to close within 4 to 6 weeks.
Sigma Advanced Systems Limited (BSE:532408) completed the acquisition of 51% stake in As Strategic Private Limited on April 21, 2026. Board Change • Apr 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Additional Non-Executive Independent Director Venkata Nagendra Thatipamula was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Mar 13
Refex Life Sciences Private Limited acquired 36.52% stake in Extrovis AG from Megasoft Limited (BSE:532408) for $15 million. Refex Life Sciences Private Limited signed a letter of intent to acquire 36.52% stake in Extrovis AG from Megasoft Limited (BSE:532408) for $15 million on July 1, 2025. A cash consideration of $15 million will be paid in one or more tranches.
The company will seek approval of the shareholders through a postal ballot in due course.
Refex Life Sciences Private Limited completed the acquisition of 36.52% stake in Extrovis AG from Megasoft Limited (BSE:532408) on March 12, 2026 Aankondiging • Feb 11
Sigma Advanced Systems Limited (BSE:532408) signed a Share Purchase Agreement to acquire 51% stake in As Strategic Private Limited for INR 200 million. Sigma Advanced Systems Limited (BSE:532408) signed a Share Purchase Agreement to acquire 51% stake in As Strategic Private Limited for INR 200 million on February 10, 2026. The consideration will be paid in cash. For the period ending March 31, 2025, As Strategic Private Limited reported total revenue of INR 60.8 million.
The transaction has been approved by the board of directors of Sigma Advanced Systems Limited. The transaction is expected to close within 4 to 6 weeks. Aankondiging • Feb 10
Sigma Advanced Systems Limited to Report Q3, 2026 Results on Feb 14, 2026 Sigma Advanced Systems Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Feb 14, 2026 Valuation Update With 7 Day Price Move • Dec 25
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹202, the stock trades at a trailing P/E ratio of 10.7x. Average trailing P/E is 37x in the Software industry in India. Total returns to shareholders of 519% over the past three years. Valuation Update With 7 Day Price Move • Nov 28
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹208, the stock trades at a trailing P/E ratio of 11.1x. Average trailing P/E is 39x in the Software industry in India. Total returns to shareholders of 465% over the past three years. Aankondiging • Nov 05
Megasoft Limited to Report Q2, 2026 Results on Nov 08, 2025 Megasoft Limited announced that they will report Q2, 2026 results at 12:15 PM, Indian Standard Time on Nov 08, 2025 Valuation Update With 7 Day Price Move • Oct 24
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹177, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 39x in the Software industry in India. Total returns to shareholders of 442% over the past three years. Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹150, the stock trades at a trailing P/E ratio of 8.9x. Average trailing P/E is 36x in the Software industry in India. Total returns to shareholders of 248% over the past three years. Aankondiging • Sep 02
Megasoft Limited, Annual General Meeting, Sep 27, 2025 Megasoft Limited, Annual General Meeting, Sep 27, 2025, at 10:00 Indian Standard Time. Valuation Update With 7 Day Price Move • Aug 22
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹133, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 38x in the Software industry in India. Total returns to shareholders of 238% over the past three years. New Risk • Aug 09
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 89% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (89% net debt to equity). Market cap is less than US$100m (₹8.70b market cap, or US$99.4m). Aankondiging • Aug 06
Megasoft Limited to Report Q1, 2026 Results on Aug 08, 2025 Megasoft Limited announced that they will report Q1, 2026 results at 12:15 PM, Indian Standard Time on Aug 08, 2025 New Risk • Jul 03
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 7.5% 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 64% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Market cap is less than US$100m (₹7.82b market cap, or US$91.3m). Aankondiging • Jul 02
Refex Life Sciences Private Limited signed a letter of intent to acquire 36.52% stake in Extrovis AG from Megasoft Limited (BSE:532408) for $15 million. Refex Life Sciences Private Limited signed a letter of intent to acquire 36.52% stake in Extrovis AG from Megasoft Limited (BSE:532408) for $15 million on July 1, 2025. A cash consideration of $15 million will be paid in one or more tranches.
The company will seek approval of the shareholders through a postal ballot in due course. Aankondiging • May 19
Megasoft Limited to Report Q4, 2025 Results on May 23, 2025 Megasoft Limited announced that they will report Q4, 2025 results on May 23, 2025 Aankondiging • Apr 07
Megasoft Limited Announces Resignation of Krishna Yeachuri as Non-Executive, Non-Independent Director, Effective 31 March, 2025 Megasoft Limited informed that Mr. Krishna Yeachuri has tendered his resignation vide resignation letter dated 31 March, 2025 as Non-Executive, Non-Independent Director of the Company, to pursue new business assignments and opportunities. New Risk • Mar 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 8.1% 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 61% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Market cap is less than US$100m (₹4.51b market cap, or US$51.9m). Buy Or Sell Opportunity • Feb 16
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.2% to ₹64.25. The fair value is estimated to be ₹82.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 128% over the last 3 years. Meanwhile, the company became loss making. Aankondiging • Feb 10
Megasoft Limited to Report Q3, 2025 Results on Feb 14, 2025 Megasoft Limited announced that they will report Q3, 2025 results on Feb 14, 2025 Buy Or Sell Opportunity • Nov 07
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 14% to ₹80.02. The fair value is estimated to be ₹66.00, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 103% over the last 3 years. Meanwhile, the company became loss making. Aankondiging • Nov 06
Megasoft Limited to Report Q2, 2025 Results on Nov 11, 2024 Megasoft Limited announced that they will report Q2, 2025 results on Nov 11, 2024 New Risk • Sep 24
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 8.0% 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 31% per year over the past 5 years. Revenue is less than US$1m. Minor Risks High level of debt (71% net debt to equity). Share price has been volatile over the past 3 months (8.0% average weekly change). Market cap is less than US$100m (₹5.28b market cap, or US$63.1m). Aankondiging • Sep 02
Megasoft Limited, Annual General Meeting, Sep 27, 2024 Megasoft Limited, Annual General Meeting, Sep 27, 2024, at 10:00 Indian Standard Time. Buy Or Sell Opportunity • Sep 02
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 16% to ₹51.45. The fair value is estimated to be ₹64.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 103% over the last 3 years. Meanwhile, the company became loss making. Aankondiging • Aug 31
Megasoft Limited Announces Executive Changes Megasoft Limited at its board meeting held on August 31, 2024 approved and accepted the resignation of Ms. Srivalli Susarla as Company Secretary & Compliance Officer with effect from 31 August 2024 and approved the appointment of Mr. Thakur Vishal Singh as Company Secretary & Compliance Officer of the Company with effect from the 1 September 2024. Mr. Thakur Vishal Singh is an Associate Member of the Institute of Company Secretaries of India bearing membership no. A41956 and also holds a degree in Bachelor of Commerce, from Badruka College of Commerce and he is also a Qualified Law Graduate. He has 9+ years of Post Qualification working experience with various Public and Listed Companies. Mr. Singh has handled various assignments such as Fund raising through Rights Issue/QIP/processing of DRHP with SEBI etc. New Risk • Aug 11
New major risk - Revenue and earnings growth Earnings have declined by 31% 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 31% per year over the past 5 years. Revenue is less than US$1m. Minor Risks High level of debt (70% net debt to equity). Market cap is less than US$100m (₹5.17b market cap, or US$61.6m). Aankondiging • Aug 08
Megasoft Limited to Report Q1, 2025 Results on Aug 14, 2024 Megasoft Limited announced that they will report Q1, 2025 results on Aug 14, 2024 Aankondiging • May 09
Megasoft Limited to Report Q4, 2024 Results on May 15, 2024 Megasoft Limited announced that they will report Q4, 2024 results on May 15, 2024 New Risk • Feb 19
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 8.2% 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 (5.5% operating cash flow to total debt). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Market cap is less than US$100m (₹6.20b market cap, or US$74.7m). Aankondiging • Feb 02
Megasoft Limited to Report Q3, 2024 Results on Feb 09, 2024 Megasoft Limited announced that they will report Q3, 2024 results on Feb 09, 2024 Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹51.55, the stock trades at a trailing P/E ratio of 37.4x. Average trailing P/E is 37x in the Software industry in India. Total returns to shareholders of 710% over the past three years. Aankondiging • Nov 04
Megasoft Limited to Report Q2, 2024 Results on Nov 09, 2023 Megasoft Limited announced that they will report Q2, 2024 results on Nov 09, 2023 Valuation Update With 7 Day Price Move • Sep 11
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹50.05, the stock trades at a trailing P/E ratio of 36.1x. Average trailing P/E is 35x in the Software industry in India. Total returns to shareholders of 624% over the past three years. Aankondiging • Sep 01
Megasoft Limited, Annual General Meeting, Sep 22, 2023 Megasoft Limited, Annual General Meeting, Sep 22, 2023, at 10:00 Indian Standard Time. Agenda: To consider the Audited Financial Statements of the Company for the year ended 31st March, 2023, the report of the Auditors thereon and the Directors' Report; to consider the Audited Consolidated Financial Statements of the Company for the year ended 31st March,2023 and the report of the Auditors thereon; to appoint a Director in place of Mr. Sunil Kumar Kalidindi (DIN- 02344343), who retires by rotation and, being eligible, offers himself for re-appointment; and to consider Appointment of Branch Auditor. Valuation Update With 7 Day Price Move • Aug 18
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹51.70, the stock trades at a trailing P/E ratio of 36.8x. Average trailing P/E is 37x in the Software industry in India. Total returns to shareholders of 513% over the past three years. Aankondiging • Aug 04
Megasoft Limited to Report Q1, 2024 Results on Aug 11, 2023 Megasoft Limited announced that they will report Q1, 2024 results on Aug 11, 2023 Valuation Update With 7 Day Price Move • Jul 19
Investor sentiment improves as stock rises 37% After last week's 37% share price gain to ₹39.95, the stock trades at a trailing P/E ratio of 33.6x. Average trailing P/E is 33x in the Software industry in India. Total returns to shareholders of 608% over the past three years. Reported Earnings • Jun 03
Full year 2023 earnings released: EPS: ₹1.20 (vs ₹0.73 in FY 2022) Full year 2023 results: EPS: ₹1.20 (up from ₹0.73 in FY 2022). Revenue: ₹438.3m (down 16% from FY 2022). Net income: ₹88.3m (up 91% from FY 2022). Profit margin: 20% (up from 8.8% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has increased by 77% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • May 23
Megasoft Limited to Report Q4, 2023 Results on May 30, 2023 Megasoft Limited announced that they will report Q4, 2023 results on May 30, 2023 Valuation Update With 7 Day Price Move • Apr 28
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹34.35, the stock trades at a trailing P/E ratio of 32.6x. Average trailing P/E is 29x in the Software industry in India. Total returns to shareholders of 574% over the past three years. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹25.30, the stock trades at a trailing P/E ratio of 24.2x. Average trailing P/E is 25x in the Software industry in India. Total returns to shareholders of 418% over the past three years. Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹24.70, the stock trades at a trailing P/E ratio of 23.5x. Average trailing P/E is 26x in the Software industry in India. Total returns to shareholders of 313% over the past three years. Reported Earnings • Feb 19
Third quarter 2023 earnings released: EPS: ₹0.28 (vs ₹0.21 in 3Q 2022) Third quarter 2023 results: EPS: ₹0.28 (up from ₹0.21 in 3Q 2022). Net income: ₹20.6m (up 64% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 54% per year whereas the company’s share price has increased by 59% per year. Aankondiging • Feb 03
Megasoft Limited to Report Q3, 2023 Results on Feb 10, 2023 Megasoft Limited announced that they will report Q3, 2023 results on Feb 10, 2023 Aankondiging • Jan 21
Megasoft Limited (BSE:532408) completed the acquisition of 40% stake in Extrovis AG. Megasoft Limited (BSE:532408) agreed to acquire 40% stake in EXTROVIS AG for $16 million on May 4, 2022. For the year 2021, EXTROVIS reported turnover of $3.9 million. Megasoft has the option to further acquire 11.6% stake in Extrovis AG either through direct fund infusion or through share swap, subject to requisite approvals as may be required at such time. As of September 2, 2022 Megasoft Limited has remitted $5.5 million for 17.93 % of equity stake as part of the first tranche. The transaction is subject to approval from RBI and has been approved by board of Megasoft Limited. As on September 20, 2022, Megasoft Limited has remitted $7 million for 15.25% of euity stake as part of second tranche. As of December 12, 2022, Megasoft Limited has remitted $3.28 million for 5.35% of additional equity stake as part of third tranche. As of January 19, 2023 Megasoft Limited has remitted $1 million for 1.47% equity stake as part of the fourth tranche. The transaction is expected to close by August 2023.
Megasoft Limited (BSE:532408) completed the acquisition of 40% stake in Extrovis AG on January 19, 2023. Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: ₹0.31 (vs ₹0.053 in 2Q 2022) Second quarter 2023 results: EPS: ₹0.31 (up from ₹0.053 in 2Q 2022). Revenue: ₹113.1m (down 11% from 2Q 2022). Net income: ₹22.8m (up ₹20.0m from 2Q 2022). Profit margin: 20% (up from 2.2% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has increased by 69% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Nov 13
Second quarter 2023 earnings released: EPS: ₹0.31 (vs ₹0.053 in 2Q 2022) Second quarter 2023 results: EPS: ₹0.31 (up from ₹0.053 in 2Q 2022). Revenue: ₹113.1m (down 11% from 2Q 2022). Net income: ₹22.8m (up ₹20.0m from 2Q 2022). Profit margin: 20% (up from 2.2% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has increased by 74% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Nov 03
Investor sentiment improved over the past week After last week's 22% share price gain to ₹38.60, the stock trades at a trailing P/E ratio of 57.4x. Average trailing P/E is 36x in the Software industry in India. Total returns to shareholders of 579% over the past three years. Reported Earnings • Aug 09
First quarter 2023 earnings released: EPS: ₹0.27 (vs ₹0.37 in 1Q 2022) First quarter 2023 results: EPS: ₹0.27. Revenue: ₹99.8m (down 21% from 1Q 2022). Net income: ₹19.8m (up 20% from 1Q 2022). Profit margin: 20% (up from 13% in 1Q 2022). Valuation Update With 7 Day Price Move • Jul 15
Investor sentiment improved over the past week After last week's 17% share price gain to ₹41.30, the stock trades at a trailing P/E ratio of 62.7x. Average trailing P/E is 31x in the Software industry in India. Total returns to shareholders of 631% over the past three years. Reported Earnings • Jun 04
Full year 2022 earnings released: EPS: ₹0.74 (vs ₹0.42 in FY 2021) Full year 2022 results: EPS: ₹0.74 (up from ₹0.42 in FY 2021). Revenue: ₹524.0m (down 12% from FY 2021). Net income: ₹46.2m (up 150% from FY 2021). Profit margin: 8.8% (up from 3.1% in FY 2021). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has increased by 87% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Feb 16
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.17 (up from ₹0.04 in 3Q 2021). Revenue: ₹171.7m (up 4.7% from 3Q 2021). Net income: ₹12.6m (up ₹10.9m from 3Q 2021). Profit margin: 7.3% (up from 1.0% in 3Q 2021). The increase in margin was primarily driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 107% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Nov 07
Second quarter 2022 earnings released: EPS ₹0.32 (vs ₹0.17 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: ₹176.6m (up 6.1% from 2Q 2021). Net income: ₹2.73m (down 63% from 2Q 2021). Profit margin: 1.5% (down from 4.4% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 39% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Oct 01
Investor sentiment improved over the past week After last week's 18% share price gain to ₹21.50, the stock trades at a trailing P/E ratio of 56.1x. Average trailing P/E is 30x in the Software industry in India. Total returns to shareholders of 308% over the past three years. Valuation Update With 7 Day Price Move • Sep 11
Investor sentiment improved over the past week After last week's 34% share price gain to ₹20.40, the stock trades at a trailing P/E ratio of 24.4x. Average trailing P/E is 28x in the Software industry in India. Total returns to shareholders of 190% over the past three years. Valuation Update With 7 Day Price Move • Aug 27
Investor sentiment improved over the past week After last week's 25% share price gain to ₹15.70, the stock trades at a trailing P/E ratio of 24.4x. Average trailing P/E is 25x in the Software industry in India. Total returns to shareholders of 136% over the past three years. Reported Earnings • Aug 04
First quarter 2022 earnings released: EPS ₹0.37 (vs ₹0.17 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹164.2m (up 22% from 1Q 2021). Net income: ₹16.4m (up 114% from 1Q 2021). Profit margin: 10.0% (up from 5.7% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Aug 03
Investor sentiment improved over the past week After last week's 16% share price gain to ₹16.40, the stock trades at a trailing P/E ratio of 37.8x. Average trailing P/E is 29x in the Software industry in India. Total returns to shareholders of 145% over the past three years. Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment improved over the past week After last week's 18% share price gain to ₹15.60, the stock trades at a trailing P/E ratio of 35.9x. Average trailing P/E is 29x in the Software industry in India. Total returns to shareholders of 74% over the past three years. Reported Earnings • May 09
Full year 2021 earnings released: EPS ₹0.42 (vs ₹0.16 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹662.7m (up 17% from FY 2020). Net income: ₹18.5m (up 161% from FY 2020). Profit margin: 2.8% (up from 1.2% 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 28% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Reported Earnings • Feb 15
Third quarter 2021 earnings released: EPS ₹0.04 (vs ₹0.26 in 3Q 2020) The company reported a poor third quarter result with weaker earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: ₹164.0m (flat on 3Q 2020). Net income: ₹1.63m (down 86% from 3Q 2020). Profit margin: 1.0% (down from 7.0% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Dec 31
New 90-day high: ₹10.85 The company is up 48% from its price of ₹7.35 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 Software industry, which is up 30% over the same period. Valuation Update With 7 Day Price Move • Dec 31
Investor sentiment improved over the past week After last week's 17% share price gain to ₹10.85, the stock is trading at a trailing P/E ratio of 41x, up from the previous P/E ratio of 34.9x. This compares to an average P/E of 16x in the Software industry in India. Total return to shareholders over the past three years is a loss of 37%. Valuation Update With 7 Day Price Move • Dec 09
Market bids up stock over the past week After last week's 16% share price gain to ₹9.95, the stock is trading at a trailing P/E ratio of 38.8x, up from the previous P/E ratio of 33.3x. This compares to an average P/E of 14x in the Software industry in India. Total return to shareholders over the past three years is a loss of 28%. Is New 90 Day High Low • Dec 07
New 90-day high: ₹9.00 The company is up 7.0% from its price of ₹8.45 on 08 September 2020. The Indian market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 30% over the same period.