Board Change • Apr 20
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Non-Executive Independent Director Shilpa Parab is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Mar 16
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. Non-Executive Independent Director Shilpa Parab is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Jan 27
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. Non-Executive Independent Director Shilpa Parab is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Dec 29
Deccan Bearings Limited to Report Q3, 2026 Results on Feb 14, 2026 Deccan Bearings Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Feb 14, 2026 Announcement • Nov 26
Paresh Gushabhai Satani completed the acquisition of 21.97% stake in Deccan Bearings Limited (BSE:505703) from Sumita Mishra and Sachin Shankar Shivgan. Paresh Gushabhai Satani entered into share purchase agreement to acquire 21.97% stake in Deccan Bearings Limited (BSE:505703) from Sumita Mishra and Sachin Shankar Shivgan for INR 4.8 million on April 28, 2025. In a related transaction, Paresh Gushabhai Satani also entered into share purchase agreement to acquire 4.9% stake in Deccan Bearings Limited from Sachin Shankar Shivgan. A cash consideration of INR 4.8 million valued at INR 10 per share will be paid by the buyer. As part of consideration, INR 4.8 million is paid towards common equity of Deccan Bearings Limited. The Acquirers has agreed to purchase the Shares (“Sale Shares” / “SPA Shares”), and the Sellers have agreed to sell and transfer the Sale Shares in terms of the SPA. The Sale Shares under the SPAs are free and clear from all lien, claim, encumbrance, charge, mortgage and the like. The offer opens of Friday, June 16, 2025 and closes Friday, June 27, 2025.
Purva Sharegistry (India) Private Limited acted as registrar and Corpwis Advisors Private Limited acted as financial advisor to Paresh Gushabhai Satani.
Paresh Gushabhai Satani completed the acquisition of 21.97% stake in Deccan Bearings Limited (BSE:505703) from Sumita Mishra and Sachin Shankar Shivgan on November 26, 2025. New Risk • Nov 09
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₹115m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹115m free cash flow). Shares are highly illiquid. Earnings have declined by 4.0% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 8x increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (₹2.17b market cap, or US$24.5m). Board Change • Nov 03
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non Executive Independent Director Nishith Trivedi was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Oct 20
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non Executive Independent Director Nishith Trivedi was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Sep 27
Deccan Bearings Limited to Report Q2, 2026 Results on Nov 14, 2025 Deccan Bearings Limited announced that they will report Q2, 2026 results on Nov 14, 2025 Announcement • Sep 08
Deccan Bearings Limited, Annual General Meeting, Sep 30, 2025 Deccan Bearings Limited, Annual General Meeting, Sep 30, 2025, at 16:00 Indian Standard Time. Board Change • Aug 18
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non Executive Independent Director Nishith Trivedi was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. New Risk • Jul 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 452% This is considered a major 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 Risks Shares are highly illiquid. Earnings have declined by 1.6% per year over the past 5 years. Shareholders have been substantially diluted in the past year (452% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (₹1.31b market cap, or US$15.2m). Announcement • Jul 14
Deccan Bearings Limited to Report Q1, 2026 Results on Jul 18, 2025 Deccan Bearings Limited announced that they will report Q1, 2026 results at 12:15 PM, Indian Standard Time on Jul 18, 2025 Board Change • Jul 14
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non Executive Independent Director Nishith Trivedi was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Jun 25
Deccan Bearings Limited to Report Q1, 2026 Results on Aug 14, 2025 Deccan Bearings Limited announced that they will report Q1, 2026 results on Aug 14, 2025 New Risk • May 18
New major risk - Revenue and earnings growth Earnings have declined by 4.4% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 4.4% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₹215.3m market cap, or US$2.52m). Announcement • May 01
Deccan Bearings Limited to Report Q4, 2025 Results on May 03, 2025 Deccan Bearings Limited announced that they will report Q4, 2025 results at 12:15 PM, Indian Standard Time on May 03, 2025 Announcement • Apr 23
Paresh Gushabhai Satani agreed to acquire 52.56% stake in Deccan Bearings Limited (BSE:505703) for Satyajit Mishra for INR 11.5 million. Paresh Gushabhai Satani agreed to acquire 52.56% stake in Deccan Bearings Limited (BSE:505703) for Satyajit Mishra for INR 11.5 million on April 22, 2025. A cash consideration of INR 11.48 million valued at INR 10 per share will be paid by the buyer. As part of consideration, INR 11.48 million is paid towards common equity of Deccan Bearings Limited. Board Change • Apr 01
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 Nishith Trivedi was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Feb 10
Deccan Bearings Limited Announces Resignation of Archana Sharma as Company Secretary & Compliance Officer Deccan Bearings Limited announced that Mrs. Archana Sharma Company Secretary & Compliance Officer of the Company has vide her letter dated 10th February, 2025 resigned from the Company w.e.f. 10th February, 2025 due to some her personal reasons and after careful consideration of her professional goals. Announcement • Dec 24
Deccan Bearings Limited to Report Q3, 2025 Results on Feb 14, 2025 Deccan Bearings Limited announced that they will report Q3, 2025 results on Feb 14, 2025 Announcement • Oct 23
Deccan Bearings Limited Announces Board Appointments The board of directors of Deccan Bearings Limited meeting held on October 22, 2024, appointed Mrs. Aakansha Jain and Mr. Nitin Arvind Oza as an Additional Directors (Non-Executive- Independent) of the company. Date of Appointment: October 22, 2024. Mrs. Aakansha Jain is a Company Secretary by profession she was a Practicing Company Secretary and having experience of more than 10 years of experience now since last one year she is in employment. She has also done the LLB and other graduation in the field of BBA (Bachelor of Business & Administration). Mr. Nitin Arvind Oza is a Chartered Accountant and having experience of more than 25 years and presently as per the disclosure he is associated with 3 Companies as Director. He will be serving as Non- Executive Independent Director of the Company and will also be part of various committees of the Board. His term is subject to approval of members of the Company. Announcement • Oct 09
Deccan Bearings Limited to Report Q2, 2025 Results on Oct 17, 2024 Deccan Bearings Limited announced that they will report Q2, 2025 results on Oct 17, 2024 Announcement • Oct 01
Deccan Bearings Limited to Report Q2, 2025 Results on Nov 14, 2024 Deccan Bearings Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Announcement • Sep 13
Deccan Bearings Limited, Annual General Meeting, Sep 30, 2024 Deccan Bearings Limited, Annual General Meeting, Sep 30, 2024, at 16:00 Indian Standard Time. Announcement • Sep 06
Deccan Bearings Limited Approves the Appointment of Archana Sharmaas as Chief Financial Officer Deccan Bearings Limited informed that Board Meeting of the Company was held on September 5, 2024 at the registered office of the Company, the Board has considered and approved the appointment of Ms. Archana Sharmaas Chief Financial Officer (CFO) of the Company. Ms. Archana Sharma is a qualified Company Secretary, and member of Institute of Company Secretaries of India (ICSI) and has vast experience in Secretarial field. Date of Appointment is September 5, 2024. Announcement • Aug 16
Deccan Bearings Limited Appoints Archana Sharma as Company Secretary and Compliance Officer Deccan Bearings Limited board announced at the board meeting held on August 16, 2024, approved the appointment of Ms. Archana Sharma as Company Secretary and Compliance Officer of the Company, effective from August 16, 2024. Ms. Archana Sharma is a qualified Company Secretary, member of Institute of Company Secretaries of India and has vast experience in secretarial field. Announcement • Jul 10
Deccan Bearings Limited to Report Q1, 2025 Results on Jul 16, 2024 Deccan Bearings Limited announced that they will report Q1, 2025 results on Jul 16, 2024 Announcement • Jun 21
Deccan Bearings Limited Announces Resignation of Vimal Amrutlal Marvania as Chief Financial Officer Deccan Bearings Limited informed that Mr. Vimal Amrutlal Marvania has resigned from the office of Chief Financial Officer, due to personal reasons with effect from 21 June, 2024. Announcement • May 24
Deccan Bearings Limited Announces Resignation of Sneha Lohogaonkar as Company Secretary and Compliance Officer Deccan Bearings Limited announced that Ms. Sneha Lohogaonkar has resigned as a Company Secretary and Compliance Officer of the Company with effect from 23 May, 2024 due to personal reasons. Announcement • May 09
Deccan Bearings Limited to Report Q4, 2024 Results on May 15, 2024 Deccan Bearings Limited announced that they will report Q4, 2024 results on May 15, 2024 Announcement • Jan 31
Deccan Bearings Limited to Report Q3, 2024 Results on Feb 09, 2024 Deccan Bearings Limited announced that they will report Q3, 2024 results on Feb 09, 2024 Announcement • Nov 10
Deccan Bearings Limited Announces Board Changes Deccan Bearings Limited considered and approved appointment of Ms. Sneha Lohogaonkar (ACS No- A49891) as Company Secretary and Compliance Officer of the Company based on recommendation by Nomination and Remuneration Committee effective Nov. 9, 2023. Ms. Sneha Lohogaonkar is a Qualified Company Secretary and a Law Graduate and having the work Experience as a Qualified Company Secretary in listed entity. New Risk • Nov 08
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 Less than 1 year of cash runway based on free cash flow trend (-₹1.3m free cash flow). Revenue is less than US$1m (₹51k revenue, or US$608). Market cap is less than US$10m (₹87.8m market cap, or US$1.05m). Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change). Announcement • Aug 03
Deccan Bearings Limited to Report Q1, 2024 Results on Aug 11, 2023 Deccan Bearings Limited announced that they will report Q1, 2024 results on Aug 11, 2023 Announcement • Jul 06
Deccan Bearings Limited Announces Resignation of Aishwarya Charudatta Khanvilkar as Company Secretary and Compliance Officer Deccan Bearings Limited announced that Ms. Aishwarya Charudatta Khanvilkar has resigned as a Company Secretary and Compliance Officer of the Company with effect from 04 July, 2023. Announcement • Jun 09
Deccan Bearings Limited, Annual General Meeting, Jun 30, 2023 Deccan Bearings Limited, Annual General Meeting, Jun 30, 2023, at 11:00 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Financial Statements for the year ended 31st March, 2023 and the reports of the Board of Directors and Auditors thereon; to appoint a Director in place of Mr. Ritesh Mohan Parab, who retires by rotation and being eligible, has offered himself for re-appointment; to re-appoint M/S. Suvarna & Katdare, Chartered Accountants, Statutory Auditor and fix their remuneration; and to consider other matters. Reported Earnings • May 24
Full year 2023 earnings released: ₹1.94 loss per share (vs ₹1.89 loss in FY 2022) Full year 2023 results: ₹1.94 loss per share (further deteriorated from ₹1.89 loss in FY 2022). Net loss: ₹4.23m (loss widened 2.6% from FY 2022). Reported Earnings • Feb 19
Third quarter 2023 earnings released: ₹0.08 loss per share (vs ₹0.20 loss in 3Q 2022) Third quarter 2023 results: ₹0.08 loss per share (improved from ₹0.20 loss in 3Q 2022). Net loss: ₹168.0k (loss narrowed 61% from 3Q 2022). Announcement • Feb 03
Deccan Bearings Limited to Report Q3, 2023 Results on Feb 14, 2023 Deccan Bearings Limited announced that they will report Q3, 2023 results on Feb 14, 2023 Announcement • Feb 02
Deccan Bearings Limited Appoints Aishwarya C. Khanvilkar as Company Secretary and Compliance Officer Deccan Bearings Limited at their meeting held on 1st February, 2023 considered and approved the appointment of Ms. Aishwarya C. Khanvilkar as Company Secretary and Compliance Officer of the Company based on recommendation by Nomination and Remuneration Committee effective immediate. Ms. Aishwarya Khanvilkar is Qualified Company Secretary and a Law Graduate and having the work Experience as Semi Qualified Company Secretary under a PCS Firm. Announcement • Dec 13
Deccan Bearings Limited Approves the Appointment of Vimal Marvania as Chief Financial Officer Deccan Bearings Limited at the board meeting held on December 12, 2022, approved appointment of Mr. Vimal Marvania as Chief Financial Officer of the Company. He has Wide experience in the field of Accountancy and Finance. Announcement • Nov 03
Deccan Bearings Limited to Report Q2, 2023 Results on Nov 14, 2022 Deccan Bearings Limited announced that they will report Q2, 2023 results During-Market on Nov 14, 2022 Announcement • Apr 13
Deccan Bearings Limited, Annual General Meeting, May 06, 2022 Deccan Bearings Limited, Annual General Meeting, May 06, 2022, at 11:00 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Financial Statements for the year ended 31st March, 2022 and the reports of the Board of Directors and Auditors thereon; to appoint a Director in place of Mr. Ritesh Mohan Parab, who retires by rotation and being eligible, has offered himself for re-appointment; to appoint M/S. Suvarna & Katdare, Chartered Accountants, Statutory Auditor and fix their remuneration and if thought fit, to pass with or without modification the following resolution as Ordinary Resolution; to consider appointment of Mr. Ritesh Mohan Parab as the Managing Director; to consider appointment of Mr. Sandip Pawar as an Independent Director; and to transact other matters. Reported Earnings • Apr 08
Full year 2022 earnings released: ₹1.89 loss per share (vs ₹1.24 loss in FY 2021) Full year 2022 results: ₹1.89 loss per share (down from ₹1.24 loss in FY 2021). Net loss: ₹4.12m (loss widened 53% from FY 2021). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Announcement • Mar 31
Deccan Bearings Limited to Report Q4, 2022 Results on Apr 07, 2022 Deccan Bearings Limited announced that they will report Q4, 2022 results on Apr 07, 2022 Reported Earnings • Feb 18
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: ₹0.20 loss per share (up from ₹0.40 loss in 3Q 2021). Revenue: ₹0 (down 100% from 3Q 2021). Net loss: ₹432.0k (loss narrowed 50% from 3Q 2021). Profit margin: (up from net loss in 3Q 2021). The move to profitability was driven by lower revenue. Revenue was in line with analyst estimates. Board Change • Feb 02
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. 2 experienced directors. 2 highly experienced directors. Non-Executive Independent Director Shilpa Parab was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 19
First quarter 2022 earnings released: ₹0.27 loss per share (vs ₹0.24 loss in 1Q 2021) The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2022 results: Revenue: ₹410.0k (down 91% from 1Q 2021). Net loss: ₹585.0k (loss widened 13% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings. Reported Earnings • May 24
Full year 2021 earnings released: ₹1.23 loss per share (vs ₹1.31 loss in FY 2020) The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2021 results: Revenue: ₹10.6m (down 25% from FY 2020). Net loss: ₹2.70m (loss narrowed 6.0% from FY 2020). Is New 90 Day High Low • Mar 04
New 90-day high: ₹7.29 The company is up 47% from its price of ₹4.96 on 04 December 2020. The Indian market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 25% over the same period. Reported Earnings • Feb 17
Third quarter 2021 earnings released: ₹0.40 loss per share (vs ₹0.55 loss in 3Q 2020) The company reported a soft third quarter result with weaker revenues and control over costs, although losses reduced. Third quarter 2021 results: Revenue: ₹969.0k (down 74% from 3Q 2020). Net loss: ₹865.0k (loss narrowed 28% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Feb 11
New 90-day high: ₹5.73 The company is up 27% from its price of ₹4.51 on 13 November 2020. The Indian market is up 21% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Machinery industry, which is up 34% over the same period. Announcement • Feb 06
Deccan Bearings Limited to Report Q3, 2021 Results on Feb 13, 2021 Deccan Bearings Limited announced that they will report Q3, 2021 results on Feb 13, 2021 Announcement • Oct 17
Deccan Bearings Limited to Report Q2, 2021 Results on Oct 24, 2020 Deccan Bearings Limited announced that they will report Q2, 2021 results on Oct 24, 2020 Announcement • Sep 09
Deccan Bearings Limited to Report Q1, 2021 Results on Sep 14, 2020 Deccan Bearings Limited announced that they will report Q1, 2021 results on Sep 14, 2020 