Valuation Update With 7 Day Price Move • Jul 20
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹56.88, the stock trades at a trailing P/E ratio of 32.3x. Average trailing P/E is 28x in the Auto Components industry in India. Total loss to shareholders of 41% over the past three years. New Risk • Jun 16
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.7% 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 Interest payments are not well covered by earnings (1.3x net interest cover). Market cap is less than US$10m (₹827.1m market cap, or US$8.74m). Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Large one-off items impacting financial results. Reported Earnings • May 31
Full year 2026 earnings released: EPS: ₹1.80 (vs ₹1.68 loss in FY 2025) Full year 2026 results: EPS: ₹1.80 (up from ₹1.68 loss in FY 2025). Revenue: ₹1.02b (up 30% from FY 2025). Net income: ₹22.9m (up ₹43.3m from FY 2025). Profit margin: 2.3% (up from net loss in FY 2025). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • May 29
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹68.79, the stock trades at a trailing P/E ratio of 39.7x. Average trailing P/E is 27x in the Auto Components industry in India. Total loss to shareholders of 18% over the past three years. Announcement • May 21
Kranti Industries Limited to Report Q4, 2026 Results on May 29, 2026 Kranti Industries Limited announced that they will report Q4, 2026 results at 12:15 PM, Indian Standard Time on May 29, 2026 New Risk • Mar 20
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 7.7% 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 Interest payments are not well covered by earnings (1.8x net interest cover). Market cap is less than US$10m (₹757.1m market cap, or US$8.09m). Minor Risk Share price has been volatile over the past 3 months (7.7% average weekly change). Valuation Update With 7 Day Price Move • Feb 27
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹61.42, the stock trades at a trailing P/E ratio of 35.4x. Average trailing P/E is 31x in the Auto Components industry in India. Total loss to shareholders of 22% over the past three years. Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: ₹0.05 (vs ₹1.13 loss in 3Q 2025) Third quarter 2026 results: EPS: ₹0.05 (up from ₹1.13 loss in 3Q 2025). Revenue: ₹252.4m (up 39% from 3Q 2025). Net income: ₹3.26m (up ₹13.6m from 3Q 2025). Profit margin: 1.3% (up from net loss in 3Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Announcement • Feb 07
Kranti Industries Limited to Report Q3, 2026 Results on Feb 14, 2026 Kranti Industries Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Feb 14, 2026 New Risk • Jan 16
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹906.8m (US$9.99m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.2x net interest cover). Market cap is less than US$10m (₹906.8m market cap, or US$9.99m). Reported Earnings • Nov 16
Second quarter 2026 earnings released: EPS: ₹2.23 (vs ₹0.76 loss in 2Q 2025) Second quarter 2026 results: EPS: ₹2.23 (up from ₹0.76 loss in 2Q 2025). Revenue: ₹233.9m (up 21% from 2Q 2025). Net income: ₹12.2m (up ₹17.4m from 2Q 2025). Profit margin: 5.2% (up from net loss in 2Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. Announcement • Nov 08
Kranti Industries Limited to Report Q2, 2026 Results on Nov 14, 2025 Kranti Industries Limited announced that they will report Q2, 2026 results on Nov 14, 2025 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 6.7% 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 Interest payments are not well covered by earnings (0.4x net interest cover). Earnings have declined by 1.4% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Market cap is less than US$100m (₹1.14b market cap, or US$12.8m). Announcement • Sep 15
Kranti Industries Limited Appoints Vijay Bodhankar as an Independent Director Kranti Industries Limited announced that at its AGM held on September 12, 2025, the company approved appointment of Mr. Vijay Bodhankar as an Independent Director of the Company. Announcement • Aug 18
Kranti Industries Limited, Annual General Meeting, Sep 12, 2025 Kranti Industries Limited, Annual General Meeting, Sep 12, 2025, at 15:30 Indian Standard Time. Location: gate no. 267/b1, at post pirangut, tal. mulshi, dist. pune - 412115, pune India Reported Earnings • Aug 14
First quarter 2026 earnings released First quarter 2026 results: ₹0.85 loss per share. Revenue: ₹222.0m (up 10% from 1Q 2025). Net income: ₹6.25m (up ₹11.9m from 1Q 2025). Profit margin: 2.8% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Announcement • Aug 05
Kranti Industries Limited to Report Q1, 2026 Results on Aug 13, 2025 Kranti Industries Limited announced that they will report Q1, 2026 results on Aug 13, 2025 New Risk • Jul 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (3.8% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (₹1.02b market cap, or US$11.8m). Recent Insider Transactions • Jun 28
Non-Executive Woman Director recently bought ₹64k worth of stock On the 24th of June, Indubala Vora bought around 605 shares on-market at roughly ₹106 per share. This transaction amounted to less than 1% 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 • May 30
Full year 2025 earnings released: ₹2.55 loss per share (vs ₹0.49 profit in FY 2024) Full year 2025 results: ₹2.55 loss per share (down from ₹0.49 profit in FY 2024). Revenue: ₹791.9m (down 13% from FY 2024). Net loss: ₹20.4m (down 482% from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance. Announcement • May 22
Kranti Industries Limited to Report Q4, 2025 Results on May 29, 2025 Kranti Industries Limited announced that they will report Q4, 2025 results on May 29, 2025 Announcement • Feb 17
Kranti Industries Limited Appoints Vinay Madhav Pradhan as A Chief Operating Officer Kranti Industries Limited announced the appointment of Mr. Vinay Madhav Pradhan as a Chief Operating Officer (COO) and Senior Management Personnel of the Company. With his vast proficiency in vehicle production, facility management, and corporate strategic planning, Mr. Pradhan will be instrumental in accelerating the company's progress and broadening its operational horizons. Mr. Pradhan contributes over thirty years of executive expertise garnered from internationally acclaimed enterprises in the automotive and industrial manufacturing domains. His notable professional journey encompasses senior leadership capacities at esteemed companies such as General Motors India, PSA AVTEC Powertrain, Cummins India, Carraro India, IMECO Machines, and Raychem RPG. He has overseen large-scale production units, spearheaded innovative product introductions, facilitated facility expansions, and orchestrated operational transformations, establishing himself as a seasoned authority in powertrain systems and automotive production processes. Brief Overview: Broad Expertise: Over 30 years of exemplary stewardship in vehicle manufacturing, plant oversight, and corporate strategy formulation. Leadership Excellence: Occupied senior executive roles at leading multinational firms, including General Motors India, PSA AVTEC Powertrain, Cummins India, Carraro India, IMECO Machines, and Raychem RPG. Operational Mastery: Directed expansive production operations, initiated pioneering product rollouts, managed infrastructure growth, and executed performance overhauls. Project Execution & Optimization: Skilled in orchestrating greenfield and brownfield developments, ensuring efficiency and fiscal prudence. Applied lean production methodologies and advanced quality enhancement practices to boost plant output. Team Development: Dedicated to fostering dynamic teams through mentorship, coaching, and professional development. Academic Distinction: Holds a B.E. in Industrial and Production Engineering, M.Tech in Machine Tool Engineering from IIT, and an MFM from JBIMS. Reported Earnings • Feb 14
Third quarter 2025 earnings released Third quarter 2025 results: ₹1.13 loss per share. Revenue: ₹183.6m (down 14% from 3Q 2024). Net loss: ₹10.3m (loss widened 44% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance. Announcement • Feb 06
Kranti Industries Limited to Report Q3, 2025 Results on Feb 12, 2025 Kranti Industries Limited announced that they will report Q3, 2025 results on Feb 12, 2025 New Risk • Dec 23
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 7.7% 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 Debt is not well covered by operating cash flow (7.5% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Market cap is less than US$100m (₹1.02b market cap, or US$12.0m). Reported Earnings • Nov 15
Second quarter 2025 earnings released Second quarter 2025 results: ₹0.76 loss per share. Revenue: ₹194.7m (down 10.0% from 2Q 2024). Net loss: ₹5.18m (down 185% from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance. Announcement • Nov 07
Kranti Industries Limited to Report Q2, 2025 Results on Nov 13, 2024 Kranti Industries Limited announced that they will report Q2, 2025 results on Nov 13, 2024 Announcement • Oct 25
Kranti Industries Limited announced that it has received INR 32 million in funding from Evolution Capital Advisory Services Private Limited and another investor On October 23, 2024, Kranti Industries Limited closed the transaction. Announcement • Aug 15
Kranti Industries Limited announced that it expects to receive INR 32 million in funding KRANTI INDUSTRIES LIMITED announced a private placement issue 1,600,000 convertible warrants at an issue price of INR 20 per warrant for the gross proceeds of INR 32,000,000 on August 14, 2024. The transaction will include participation from new investors Evolution Capital Advisory Services Private Limited for 1,500,000 warrants and Premlata Dinesh Solanki for 100,000 warrants. The transaction has been approved by shareholders and is subject to general shareholders. Reported Earnings • Aug 15
First quarter 2025 earnings released First quarter 2025 results: ₹0.85 loss per share. Revenue: ₹203.9m (down 21% from 1Q 2024). Net loss: ₹5.69m (down 314% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 37% per year, which means it is well ahead of earnings. Announcement • Aug 14
Kranti Industries Limited, Annual General Meeting, Sep 12, 2024 Kranti Industries Limited, Annual General Meeting, Sep 12, 2024. Announcement • Aug 07
Kranti Industries Limited to Report Q1, 2025 Results on Aug 14, 2024 Kranti Industries Limited announced that they will report Q1, 2025 results on Aug 14, 2024 Announcement • May 30
Kranti Industries Limited Announces Appointment of Shraddha Nandkumar Phule as Company Secretary and Compliance Officer Kranti Industries Limited announced that based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Company in their meeting held, i.e. May 28th, 2024 has approved and appointed Ms. Shraddha Nandkumar Phule (ACS 67126) as Company Secretary & Compliance Officer (Key Managerial Personnel) of the Company w.e.f. May 28th, 2024. Ms. Shraddha Nandkumar Phule is a registered associate member of Institute of Company Secretaries of India (ICSI) and holds a Commerce Master's degree from Savitribai Phule Pune University, a Law Graduate Degree from Pune University and also a Diploma in Taxation and Laws Degree from Pune University. She has comprehensive and extensive experience of 3 (Three) years in Secretarial & Legal compliances. Reported Earnings • May 30
Full year 2024 earnings released: EPS: ₹0.06 (vs ₹4.94 in FY 2023) Full year 2024 results: EPS: ₹0.06 (down from ₹4.94 in FY 2023). Revenue: ₹909.1m (down 2.5% from FY 2023). Net income: ₹5.34m (down 90% from FY 2023). Profit margin: 0.6% (down from 5.6% in FY 2023). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 64% per year, which means it is well ahead of earnings. Announcement • May 22
Kranti Industries Limited to Report Q4, 2024 Results on May 28, 2024 Kranti Industries Limited announced that they will report Q4, 2024 results on May 28, 2024 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. 1 experienced director. 5 highly experienced directors. Non-Executive Independent Director Satchidanand Ranade was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 16
Kranti Industries Limited Announces Resignation of Bhavesh Subhash Selarka as Company Secretary, Effective April 30, 2024 Kranti Industries Limited announced that the Company has received the resignation letter dated April 16, 2024 from Bhavesh Subhash Selarka (Membership No.: A42734) who hastendered his resignation from the post of Company Secretary & Compliance officer (Key Managerial Personnel) of the Company and will be relieved from the service of the Company with effect from close of the business hours on 30th April, 2024. Reason for change: He has chosen to explore new opportunities beyond the scope of the Company. New Risk • Mar 28
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹828.1m (US$9.93m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.6x net interest cover). Market cap is less than US$10m (₹828.1m market cap, or US$9.93m). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (8.0% increase in shares outstanding). Reported Earnings • Feb 14
Third quarter 2024 earnings released: ₹0.91 loss per share (vs ₹1.52 profit in 3Q 2023) Third quarter 2024 results: ₹0.91 loss per share (down from ₹1.52 profit in 3Q 2023). Revenue: ₹214.4m (down 2.5% from 3Q 2023). Net loss: ₹7.14m (down 144% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has increased by 68% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 07
Kranti Industries Limited to Report Q3, 2024 Results on Feb 13, 2024 Kranti Industries Limited announced that they will report Q3, 2024 results on Feb 13, 2024 Reported Earnings • Nov 11
Second quarter 2024 earnings released: EPS: ₹0.22 (vs ₹0.68 in 2Q 2023) Second quarter 2024 results: EPS: ₹0.22 (down from ₹0.68 in 2Q 2023). Revenue: ₹216.4m (down 13% from 2Q 2023). Net income: ₹6.10m (down 15% from 2Q 2023). Profit margin: 2.8% (down from 2.9% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has increased by 93% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 04
Kranti Industries Limited to Report Q2, 2024 Results on Nov 10, 2023 Kranti Industries Limited announced that they will report Q2, 2024 results on Nov 10, 2023 New Risk • Sep 30
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 8.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.5x net interest cover). Minor Risks Shareholders have been diluted in the past year (8.0% increase in shares outstanding). Market cap is less than US$100m (₹1.02b market cap, or US$12.2m). Reported Earnings • Aug 16
First quarter 2024 earnings released: EPS: ₹0.13 (vs ₹1.21 in 1Q 2023) First quarter 2024 results: EPS: ₹0.13 (down from ₹1.21 in 1Q 2023). Revenue: ₹261.6m (up 7.0% from 1Q 2023). Net income: ₹2.66m (down 79% from 1Q 2023). Profit margin: 1.0% (down from 5.2% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 81% per year whereas the company’s share price has increased by 86% per year. Announcement • Aug 15
Kranti Industries Limited, Annual General Meeting, Sep 08, 2023 Kranti Industries Limited, Annual General Meeting, Sep 08, 2023. Announcement • Aug 05
Kranti Industries Limited to Report Q1, 2024 Results on Aug 14, 2023 Kranti Industries Limited announced that they will report Q1, 2024 results on Aug 14, 2023 Valuation Update With 7 Day Price Move • Jun 12
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹98.87, the stock trades at a trailing P/E ratio of 20x. Average trailing P/E is 24x in the Auto Components industry in India. Total returns to shareholders of 524% over the past three years. Reported Earnings • May 30
Full year 2023 earnings released: EPS: ₹4.94 (vs ₹2.11 in FY 2022) Full year 2023 results: EPS: ₹4.94 (up from ₹2.11 in FY 2022). Revenue: ₹973.4m (up 3.9% from FY 2022). Net income: ₹52.2m (up 135% from FY 2022). Profit margin: 5.4% (up from 2.4% in FY 2022). Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 74% per year, which means it is significantly lagging earnings growth. Announcement • May 20
Kranti Industries Limited to Report Q4, 2023 Results on May 27, 2023 Kranti Industries Limited announced that they will report Q4, 2023 results on May 27, 2023 Valuation Update With 7 Day Price Move • May 17
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹86.10, the stock trades at a trailing P/E ratio of 33.3x. Average trailing P/E is 23x in the Auto Components industry in India. Total returns to shareholders of 474% over the past three years. Announcement • Feb 04
Kranti Industries Limited to Report Q3, 2023 Results on Feb 13, 2023 Kranti Industries Limited announced that they will report Q3, 2023 results on Feb 13, 2023 Valuation Update With 7 Day Price Move • Jan 02
Investor sentiment improved over the past week After last week's 24% share price gain to ₹86.40, the stock trades at a trailing P/E ratio of 33.4x. Average trailing P/E is 24x in the Auto Components industry in India. Total returns to shareholders of 241% over the past three years. Valuation Update With 7 Day Price Move • Dec 19
Investor sentiment improved over the past week After last week's 15% share price gain to ₹77.75, the stock trades at a trailing P/E ratio of 30.1x. Average trailing P/E is 24x in the Auto Components industry in India. Total returns to shareholders of 334% over the past three years. Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹78.85, the stock trades at a trailing P/E ratio of 30.5x. Average trailing P/E is 22x in the Auto Components industry in India. Total returns to shareholders of 230% over the past three years. Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: ₹0.68 (vs ₹0.71 in 2Q 2022) Second quarter 2023 results: EPS: ₹0.68 (down from ₹0.71 in 2Q 2022). Revenue: ₹248.6m (down 2.5% from 2Q 2022). Net income: ₹7.21m (down 4.1% from 2Q 2022). Profit margin: 2.9% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 56% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 13
Second quarter 2023 earnings released: EPS: ₹0.68 (vs ₹0.71 in 2Q 2022) Second quarter 2023 results: EPS: ₹0.68 (down from ₹0.71 in 2Q 2022). Revenue: ₹248.6m (down 2.5% from 2Q 2022). Net income: ₹7.21m (down 4.1% from 2Q 2022). Profit margin: 2.9% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 56% per year, which means it is significantly lagging earnings growth. Announcement • Nov 03
Kranti Industries Limited to Report Q2, 2023 Results on Nov 11, 2022 Kranti Industries Limited announced that they will report Q2, 2023 results on Nov 11, 2022 Announcement • Sep 24
Kranti Industries Limited Announces Executive Changes Kranti Industries Limited at its board meeting held on September 23, 2022 accepted the Resignation Letter tendered by Ms. Shanu Bhandari, Company Secretary & Compliance Officer with effect from September 23, 2022 and appointed Mr. Bhavesh Subhash Selarka as Company Secretary, KMP and Compliance Officer of the Company, with immediate effect from September 24, 2022. Mr. Bhavesh Subhash Selarka is a registered associate member of Institute of Company Secretaries of India (ICSI) and a Commerce Graduate from Amravati University and Law Graduate from Pune University. He has comprehensive and extensive experience of 7 (seven) years in Secretarial & Legal compliance in Private, Public as well as Listed Company. Announcement • Sep 15
Kranti Industries Limited Announces Resignation of Shanu Bhandari as Company Secretary and Compliance Officer Kranti Industries Limited that the Company has received the resignation letter on September 15, 2022 from Ms. Shanu Bhandari (Membership No.A-31268) who has tendered her resignation from the post of Company Secretary & Compliance officer of the Company. Valuation Update With 7 Day Price Move • Sep 02
Investor sentiment improved over the past week After last week's 21% share price gain to ₹102, the stock trades at a trailing P/E ratio of 38.1x. Average trailing P/E is 22x in the Auto Components industry in India. Total returns to shareholders of 275% over the past three years. Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment improved over the past week After last week's 15% share price gain to ₹76.20, the stock trades at a trailing P/E ratio of 28.6x. Average trailing P/E is 23x in the Auto Components industry in India. Total returns to shareholders of 190% over the past three years. Reported Earnings • Aug 14
First quarter 2023 earnings released First quarter 2023 results: EPS: ₹1.21. Revenue: ₹244.7m (up 25% from 1Q 2022). Net income: ₹12.7m (up 114% from 1Q 2022). Profit margin: 5.2% (up from 3.0% in 1Q 2022). The increase in margin was driven by higher 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 35% per year, which means it is significantly lagging earnings growth. Announcement • Aug 13
Kranti Industries Limited, Annual General Meeting, Sep 13, 2022 Kranti Industries Limited, Annual General Meeting, Sep 13, 2022. Agenda: AGM. Announcement • Jul 30
Kranti Industries Limited to Report Q1, 2023 Results on Aug 12, 2022 Kranti Industries Limited announced that they will report Q1, 2023 results on Aug 12, 2022 Valuation Update With 7 Day Price Move • Jul 18
Investor sentiment improved over the past week After last week's 15% share price gain to ₹68.95, the stock trades at a trailing P/E ratio of 32.7x. Average trailing P/E is 24x in the Auto Components industry in India. Total returns to shareholders of 131% over the past three years. Announcement • Jun 07
Kranti Industries Limited Appoints Ms. Shanu Bhandari as Company Secretary and Compliance Officer Kranti Industries Limited announced the appointments of Ms. Shanu Bhandari as a Company Secretary and Compliance Officer of the Company with immediate effect from June 01, 2022. Reported Earnings • May 15
Full year 2022 earnings released: EPS: ₹2.11 (vs ₹0.13 loss in FY 2021) Full year 2022 results: EPS: ₹2.11 (up from ₹0.13 loss in FY 2021). Revenue: ₹938.8m (up 67% from FY 2021). Net income: ₹22.2m (up ₹23.6m from FY 2021). Profit margin: 2.4% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment improved over the past week After last week's 21% share price gain to ₹60.25, the stock trades at a trailing P/E ratio of 15.2x. Average trailing P/E is 23x in the Auto Components industry in India. Total returns to shareholders of 83% over the past three years. Valuation Update With 7 Day Price Move • Apr 05
Investor sentiment improved over the past week After last week's 18% share price gain to ₹39.90, the stock trades at a trailing P/E ratio of 10.1x. Average trailing P/E is 22x in the Auto Components industry in India. Total returns to shareholders of 26% over the past three years. Reported Earnings • Feb 13
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.49 (up from ₹0.26 in 3Q 2021). Revenue: ₹260.8m (up 36% from 3Q 2021). Net income: ₹5.21m (up 88% from 3Q 2021). Profit margin: 2.0% (up from 1.4% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Announcement • Feb 06
Kranti Industries Limited to Report Q3, 2022 Results on Feb 11, 2022 Kranti Industries Limited announced that they will report Q3, 2022 results on Feb 11, 2022 Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment improved over the past week After last week's 17% share price gain to ₹46.00, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 20x in the Auto Components industry in India. Total returns to shareholders of 317% over the past year. Valuation Update With 7 Day Price Move • Nov 26
Investor sentiment improved over the past week After last week's 15% share price gain to ₹38.95, the stock trades at a trailing P/E ratio of 10.7x. Average trailing P/E is 20x in the Auto Components industry in India. Total returns to shareholders of 228% over the past year. Valuation Update With 7 Day Price Move • Oct 06
Investor sentiment improved over the past week After last week's 28% share price gain to ₹36.60, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 22x in the Auto Components industry in India. Total returns to shareholders of 175% over the past year. Reported Earnings • Jul 14
Full year 2021 earnings released: ₹0.13 loss per share (vs ₹0.98 loss in FY 2020) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2021 results: Revenue: ₹562.3m (up 15% from FY 2020). Net loss: ₹1.33m (loss narrowed 87% from FY 2020). Reported Earnings • Jun 06
Full year 2021 earnings released: ₹0.15 loss per share (vs ₹1.17 loss in FY 2020) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2021 results: Revenue: ₹566.4m (up 16% from FY 2020). Net loss: ₹1.33m (loss narrowed 87% from FY 2020). Executive Departure • Apr 13
Additional Non Executive Independent Director has left the company On the 5th of April, Shashikant Bugde's tenure as Additional Non Executive Independent Director ended after 5.4 years in the role. We don't have any record of a personal shareholding under Shashikant's name. Shashikant is the only executive to leave the company over the last 12 months. Is New 90 Day High Low • Feb 20
New 90-day high: ₹20.90 The company is up 39% from its price of ₹15.00 on 20 November 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 28% over the same period. Announcement • Feb 14
Kranti Industries Limited Appoints Three Additional Independent Directors Kranti Industries Limited announced the appointment of PRAKASH VASANT KAMAT as Independent Director, PRAMOD VINAYAK APSHANKAR as Independent Director and SHASHIKANT VISHNUPANT BUGDE as Independent Director. Reported Earnings • Feb 14
Third quarter 2021 earnings released: EPS ₹0.31 (vs ₹0.034 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹191.6m (up 34% from 3Q 2020). Net income: ₹2.77m (up ₹3.07m from 3Q 2020). Profit margin: 1.4% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Announcement • Feb 07
Kranti Industries Limited to Report Q3, 2021 Results on Feb 13, 2021 Kranti Industries Limited announced that they will report Q3, 2021 results on Feb 13, 2021 Is New 90 Day High Low • Jan 04
New 90-day high: ₹18.85 The company is up 18% from its price of ₹16.00 on 01 October 2020. The Indian market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 20% over the same period. Announcement • Nov 03
Kranti Industries Limited to Report First Half, 2021 Results on Nov 10, 2020 Kranti Industries Limited announced that they will report first half, 2021 results on Nov 10, 2020 
