New Risk • Aug 17
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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.7% average weekly change). Market cap is less than US$100m (₹3.81b market cap, or US$39.9m). Announcement • Aug 17
Fluidomat Limited, Annual General Meeting, Sep 26, 2026 Fluidomat Limited, Annual General Meeting, Sep 26, 2026, at 14:00 Indian Standard Time. Declared Dividend • Aug 17
Dividend of ₹7.50 announced Dividend of ₹7.50 is the same as last year. Ex-date: 18th September 2026 Payment date: 26th October 2026 Dividend yield will be 0.8%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is well covered by both earnings (18% earnings payout ratio) and cash flows (49% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 19% over the last 3 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 16
First quarter 2027 earnings released: EPS: ₹4.52 (vs ₹7.37 in 1Q 2026) First quarter 2027 results: EPS: ₹4.52 (down from ₹7.37 in 1Q 2026). Revenue: ₹126.7m (up 2.3% from 1Q 2026). Net income: ₹22.3m (down 17% from 1Q 2026). Profit margin: 18% (down from 22% in 1Q 2026). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 01
Fluidomat Limited to Report Q1, 2027 Results on Aug 14, 2026 Fluidomat Limited announced that they will report Q1, 2027 results on Aug 14, 2026 Valuation Update With 7 Day Price Move • Jul 01
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹954, the stock trades at a trailing P/E ratio of 23.4x. Average trailing P/E is 28x in the Machinery industry in India. Total returns to shareholders of 195% over the past three years. Reported Earnings • May 31
Full year 2026 earnings released: EPS: ₹40.72 (vs ₹45.11 in FY 2025) Full year 2026 results: EPS: ₹40.72 (down from ₹45.11 in FY 2025). Revenue: ₹766.1m (up 6.1% from FY 2025). Net income: ₹200.6m (down 9.7% from FY 2025). Profit margin: 26% (down from 31% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Apr 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 9.1% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.1% average weekly change). Market cap is less than US$100m (₹3.74b market cap, or US$40.4m). Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹669, the stock trades at a trailing P/E ratio of 20.4x. Average trailing P/E is 24x in the Machinery industry in India. Total returns to shareholders of 204% over the past three years. Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: ₹4.62 (vs ₹9.20 in 3Q 2025) Third quarter 2026 results: EPS: ₹4.62 (down from ₹9.20 in 3Q 2025). Revenue: ₹152.5m (down 8.4% from 3Q 2025). Net income: ₹22.8m (down 58% from 3Q 2025). Profit margin: 15% (down from 33% in 3Q 2025). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Nov 21
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 22% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (22% accrual ratio). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₹3.79b market cap, or US$42.8m). Reported Earnings • Nov 16
Second quarter 2026 earnings released: EPS: ₹9.82 (vs ₹13.53 in 2Q 2025) Second quarter 2026 results: EPS: ₹9.82 (down from ₹13.53 in 2Q 2025). Revenue: ₹180.4m (down 5.1% from 2Q 2025). Net income: ₹48.4m (down 22% from 2Q 2025). Profit margin: 27% (down from 33% in 2Q 2025). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 61% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 27
Fluidomat Limited Approves Dividend for the Financial Year Ended March 31, 2025 Fluidomat Limited at its AGM held on September 26, 2025, approved declaration of dividend of INR 7.50 (75%) per share on 4,927,000 equity shares of INR 10.00 each of the company for the financial year ended March 31, 2025. Upcoming Dividend • Sep 12
Upcoming dividend of ₹7.50 per share Eligible shareholders must have bought the stock before 19 September 2025. Payment date: 26 October 2025. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of Indian dividend payers (1.2%). In line with average of industry peers (0.9%). Valuation Update With 7 Day Price Move • Aug 20
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹952, the stock trades at a trailing P/E ratio of 22.7x. Average trailing P/E is 31x in the Machinery industry in India. Total returns to shareholders of 526% over the past three years. Declared Dividend • Aug 15
Dividend increased to ₹7.50 Dividend of ₹7.50 is 36% higher than last year. Ex-date: 19th September 2025 Payment date: 26th October 2025 Dividend yield will be 0.7%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (17% earnings payout ratio) and cash flows (47% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 55% over the last 3 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Aug 14
Fluidomat Limited, Annual General Meeting, Sep 26, 2025 Fluidomat Limited, Annual General Meeting, Sep 26, 2025, at 14:00 Indian Standard Time. Reported Earnings • Aug 14
First quarter 2026 earnings released: EPS: ₹7.37 (vs ₹10.01 in 1Q 2025) First quarter 2026 results: EPS: ₹7.37 (down from ₹10.01 in 1Q 2025). Revenue: ₹131.8m (down 16% from 1Q 2025). Net income: ₹26.8m (down 37% from 1Q 2025). Profit margin: 20% (down from 27% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has increased by 92% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 30
Fluidomat Limited to Report Q1, 2026 Results on Aug 13, 2025 Fluidomat Limited announced that they will report Q1, 2026 results on Aug 13, 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 7.7% 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 High level of non-cash earnings (28% accrual ratio). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.7% average weekly change). Market cap is less than US$100m (₹6.56b market cap, or US$76.9m). Valuation Update With 7 Day Price Move • Jul 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹1,332, the stock trades at a trailing P/E ratio of 29.5x. Average trailing P/E is 33x in the Machinery industry in India. Total returns to shareholders of 911% over the past three years. Reported Earnings • May 31
Full year 2025 earnings released: EPS: ₹45.15 (vs ₹26.49 in FY 2024) Full year 2025 results: EPS: ₹45.15 (up from ₹26.49 in FY 2024). Revenue: ₹756.4m (up 36% from FY 2024). Net income: ₹222.2m (up 70% from FY 2024). Profit margin: 29% (up from 24% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 81% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 14
Fluidomat Limited to Report Q4, 2025 Results on May 30, 2025 Fluidomat Limited announced that they will report Q4, 2025 results on May 30, 2025 Reported Earnings • Feb 12
Third quarter 2025 earnings released: EPS: ₹9.20 (vs ₹6.64 in 3Q 2024) Third quarter 2025 results: EPS: ₹9.20 (up from ₹6.64 in 3Q 2024). Revenue: ₹166.4m (up 32% from 3Q 2024). Net income: ₹54.2m (up 108% from 3Q 2024). Profit margin: 33% (up from 21% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 79% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 30
Fluidomat Limited to Report Q3, 2025 Results on Feb 11, 2025 Fluidomat Limited announced that they will report Q3, 2025 results on Feb 11, 2025 Valuation Update With 7 Day Price Move • Jan 10
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹929, the stock trades at a trailing P/E ratio of 26.7x. Average trailing P/E is 39x in the Machinery industry in India. Total returns to shareholders of 584% over the past three years. Valuation Update With 7 Day Price Move • Dec 04
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹952, the stock trades at a trailing P/E ratio of 27.3x. Average trailing P/E is 39x in the Machinery industry in India. Total returns to shareholders of 729% over the past three years. New Risk • Nov 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 7.7% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.7% average weekly change). Market cap is less than US$100m (₹2.85b market cap, or US$33.8m). Valuation Update With 7 Day Price Move • Nov 14
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹694, the stock trades at a trailing P/E ratio of 23.5x. Average trailing P/E is 36x in the Machinery industry in India. Total returns to shareholders of 481% over the past three years. Announcement • Nov 05
Fluidomat Limited to Report Q2, 2025 Results on Nov 13, 2024 Fluidomat Limited announced that they will report Q2, 2025 results on Nov 13, 2024 Announcement • Sep 28
Fluidomat Limited Approves Final Dividend for the Year 2023-24, Payable on or After 4th October, 2024 Fluidomat Limited informed that the Members of the Company at their 48th Annual General Meeting held on the 26th September, 2024 has approved for payment of dividend @ INR 5.50 (55%) on the 49,27,000 Equity Shares of INR 10/- each. Kindly note that the Dividend will be paid to all members whose names appear in the Register of Members and in case of the shares held in the D-mat Form to those beneficiaries whose names are provided by the CDSL and NSDL as on the cut-off date i.e.19th September, 2024 as on the Book Closure for the purpose of the Annual General Meeting and entitlement to participate in the dividend. The Company will start the credit of the aforesaid dividend in the bank account of the shareholders for the year 2023-24 on or after 4th October, 2024. Upcoming Dividend • Sep 12
Upcoming dividend of ₹5.50 per share Eligible shareholders must have bought the stock before 19 September 2024. Payment date: 26 October 2024. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of Indian dividend payers (1.0%). In line with average of industry peers (0.7%). Declared Dividend • Aug 21
Dividend increased to ₹5.50 Dividend of ₹5.50 is 22% higher than last year. Ex-date: 19th September 2024 Payment date: 26th October 2024 Dividend yield will be 0.8%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is well covered by both earnings (19% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 8.2% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 43% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 18
First quarter 2025 earnings released: EPS: ₹10.01 (vs ₹6.68 in 1Q 2024) First quarter 2025 results: EPS: ₹10.01 (up from ₹6.68 in 1Q 2024). Revenue: ₹155.9m (up 24% from 1Q 2024). Net income: ₹42.4m (up 53% from 1Q 2024). Profit margin: 27% (up from 22% in 1Q 2024). The increase in margin 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 increased by 70% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 14
Fluidomat Limited, Annual General Meeting, Sep 26, 2024 Fluidomat Limited, Annual General Meeting, Sep 26, 2024, at 14:00 Indian Standard Time. Location: indore India Announcement • Aug 02
Fluidomat Limited to Report Q1, 2025 Results on Aug 13, 2024 Fluidomat Limited announced that they will report Q1, 2025 results on Aug 13, 2024 Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: ₹28.23 (vs ₹19.53 in FY 2023) Full year 2024 results: EPS: ₹28.23 (up from ₹19.53 in FY 2023). Revenue: ₹589.4m (up 28% from FY 2023). Net income: ₹130.5m (up 36% from FY 2023). Profit margin: 22% (up from 21% in FY 2023). The increase in margin was driven by higher revenue. 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 72% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jun 04
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹510, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 40x in the Machinery industry in India. Total returns to shareholders of 437% over the past three years. Announcement • May 31
Fluidomat Limited Recommends Final Dividend for the Year 2023-24 Fluidomat Limited announced that the Board of Directors of the Company has recommended a final dividend at INR 5.50/- (55%) per equity shares of INR 10/- each for the year 2023-24, on the total 49,27,000 equity shares of INR 10/- each which will be paid to all the members/beneficiaries of the Company whose names appears in the Register of Members and records of the beneficiaries as may be intimated by the Depositories subject to approval of member at the forthcoming Annual General Meeting of the Company. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹583, the stock trades at a trailing P/E ratio of 23.6x. Average trailing P/E is 35x in the Machinery industry in India. Total returns to shareholders of 580% over the past three years. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹485, the stock trades at a trailing P/E ratio of 19.6x. Average trailing P/E is 30x in the Machinery industry in India. Total returns to shareholders of 485% over the past three years. Reported Earnings • Feb 12
Third quarter 2024 earnings released: EPS: ₹6.64 (vs ₹3.49 in 3Q 2023) Third quarter 2024 results: EPS: ₹6.64 (up from ₹3.49 in 3Q 2023). Revenue: ₹126.3m (up 27% from 3Q 2023). Net income: ₹26.1m (up 53% from 3Q 2023). Profit margin: 21% (up from 17% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has increased by 88% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Feb 06
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 78% to ₹660. The fair value is estimated to be ₹544, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 42%. Valuation Update With 7 Day Price Move • Jan 22
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹724, the stock trades at a trailing P/E ratio of 31.6x. Average trailing P/E is 35x in the Machinery industry in India. Total returns to shareholders of 734% over the past three years. New Risk • Jan 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 7.9% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.9% average weekly change). Market cap is less than US$100m (₹3.53b market cap, or US$42.5m). Buy Or Sell Opportunity • Jan 19
Now 31% overvalued after recent price rise Over the last 90 days, the stock has risen 79% to ₹717. The fair value is estimated to be ₹547, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 42%. Valuation Update With 7 Day Price Move • Dec 11
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹523, the stock trades at a trailing P/E ratio of 22.8x. Average trailing P/E is 33x in the Machinery industry in India. Total returns to shareholders of 441% over the past three years. Reported Earnings • Nov 12
Second quarter 2024 earnings released: EPS: ₹7.90 (vs ₹6.54 in 2Q 2023) Second quarter 2024 results: EPS: ₹7.90 (up from ₹6.54 in 2Q 2023). Revenue: ₹153.5m (up 18% from 2Q 2023). Net income: ₹35.2m (up 15% from 2Q 2023). Profit margin: 23% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 65% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 11
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹356, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 31x in the Machinery industry in India. Total returns to shareholders of 373% over the past three years. Announcement • Sep 29
Fluidomat Limited Announces Board Appointments Fluidomat Limited announced that at its AGM held on September 26, 2023, shareholders approved the appointment of Shri Ashok Kumar Patni (DIN 10251353) as a Director under the category of Non-Executive Independent Director with effect from 14th August, 2023 for a first term of five consecutive years and he shall not be liable to retire by rotation: Date of Birth is June 06, 1960. Education: Chartered Accountant. Experience: 38 year's of experience in the field of Taxation, Finance and general practice. Confirmation of appointment of Shri Samyak Modi (DIN 07359320) as a Director under the category of Non-Executive Independent Director with effect from 14th August, 2023 for a first term of five consecutive years and he shall not be liable to retire by rotation: Date of Birth is July 18, 1982. Education: PGDFMB, B.Com. Experience: 15 year and more experience in management of manufacturing unit including techno commercial functions. Other Directorship: Diversitech General Engineering Pvt Ltd. Confirmation of appointment of Shri Shard Panot (DIN 10262641) as a Director under the category of Non-Executive Independent Director with effect from 14th August, 2023 for a first term of five consecutive years and he shall not be liable to retire by rotation: Date of Birth: October 09, 1965. Education: Mechanical Engineering. Experience: 32 years' experience in the field of Project Planning, Production, Business Process Re-engineering, EHS and Quality Systems. Announcement • Sep 27
Fluidomat Limited Approves Dividend for the Financial Year Ended 31 March, 2023 Fluidomat Limited approved dividend on 4,927,000 equity shares of INR 10/- each of the Company for the financial year ended 31 March, 2023 at its AGM held on 26th September 2023. Upcoming Dividend • Sep 11
Upcoming dividend of ₹4.50 per share at 1.3% yield Eligible shareholders must have bought the stock before 18 September 2023. Payment date: 26 October 2023. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 1.3%. Within top quartile of Indian dividend payers (1.3%). Higher than average of industry peers (0.7%). Announcement • Aug 17
Fluidomat Limited Announces Director Appointments The board of directors of Fluidomat Limited at its meeting held on August 14, 2023, Based on the recommendation of Nomination & Remuneration Committee of the Board, appointed Shri Ashok Kumar Patni (DIN 10251353) as an additional Director Designated as Non- Executive Independent Director and also recommended the confirmation of Shri Ashok Kumar Patni (DIN 10251353) in the upcoming Annual General Meeting for a first term of 5(Five) Consecutive years with effect from 14 August, 2023 and his office shall not be liable to retire by rotation. Date of Birth: June 06, 1960; Education: Chartered Accountant; Experience: 38 years' of experience in the field of Taxation, Finance and general practice. Appointed Shri Samyak Modi (DIN 07359320) as an additional Director Designated as Non-Executive Independent Director and also recommended the confirmation of Shri Samyak Modi (DIN 07359320) in the upcoming Annual General Meeting for a first term of 5(Five) Consecutive years with effect from 14 August, 2023 and his office shall not be liable to retire by rotation. Date of Birth: July 18, 1982; Education: PGDFMB, B.com; Experience: 15 year and more experience in management of manufacturing unit including techno commercial functions. Appointed Shri Shard Panot (DIN 10262641) as an additional Director Designated as Non-Executive Independent Director and also recommended the confirmation of Shri Shard Panot (DIN 10262641) in the upcoming Annual General Meeting for a first term of 5(Five) Consecutive years with effect from 14 August, 2023 and his office shall not be liable to retire by rotation. Date of Birth: October 09, 1965; Education: Mechanical Engineering; Experience: 32 years' experience in the field of Project Planning, Production, Business Process Re-engineering, EHS and Quality Systems. Announcement • Aug 15
Fluidomat Limited Announces Change in Directorate Fluidomat Limited announced appointment of Shri Ashok Kumar Patni as an Additional Director under the category of Non-Executive Independent Director effective 14th August, 2023 for a first term of five consecutive years effective 14th August, 2023. Education Chartered Accountant. Experience: 38 years' of experience in the field of Taxation, Finance and general practice. Shri Ashok Kumar Patni is eligible to be appointed as an Independent Director under the Companies Act, 2013 and SEBI (LODR) Regulation, 2015 he is also registered under the database maintained by the IICA. Based on the recommendation of Nomination & Remuneration Committee of the Board, the Board of Directors at their 242nd-2/2023-24 Board Meeting held on 14th August, 2023 appointed Shri Samyak Modi as an additional Director Designated as Non-Executive Independent Director and also recommended the confirmation of Shri Samyak Modi in the upcoming Annual General Meeting for a first term of 5 (Five) Consecutive years effective 14th August, 2023 and his office shall not be liable to retire by rotation. Education PGDFMB, B.Com. Experience:- 15 year and more experience in management of manufacturing unit including techno commercial functions. Based on the recommendation of Nomination & Remuneration Committee of the Board, the Board of Directors at their 242nd-2/2023-24 Board Meeting held on 14th August, 2023 appointed Shri Shard Panot as an additional Director Designated as Non-Executive Independent Director and also recommended the confirmation of Shri Shard Panot in the ensuing Annual General Meeting for a first term of 5 (Five) Consecutive years effective 14th August, 2023 and his office shall not be liable to retire by rotation. Education: Mechanical Engineering. 32 years' experience in the field of Project Planning, Production, Business Process Re-engineering, EHS and Quality Systems. Announcement • Aug 04
Fluidomat Limited to Report Q1, 2024 Results on Aug 14, 2023 Fluidomat Limited announced that they will report Q1, 2024 results on Aug 14, 2023 New Risk • Jul 06
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 7.2% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.2% average weekly change). Market cap is less than US$100m (₹1.61b market cap, or US$19.4m). Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹360, the stock trades at a trailing P/E ratio of 18.4x. Average trailing P/E is 27x in the Machinery industry in India. Total returns to shareholders of 456% over the past three years. Reported Earnings • Jun 03
Full year 2023 earnings released: EPS: ₹19.48 (vs ₹11.12 in FY 2022) Full year 2023 results: EPS: ₹19.48 (up from ₹11.12 in FY 2022). Revenue: ₹474.3m (up 39% from FY 2022). Net income: ₹96.2m (up 76% from FY 2022). Profit margin: 20% (up from 16% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 67% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 31
Fluidomat Limited Recommends A Final Dividend for the Year 2022-23 Fluidomat Limited has recommended a final dividend @ INR 4.5 per equity shares of INR 10- each for the year 2022-23, on the total 4,927,000 equity shares of INR 10/- each which will be paid to all the members/beneficiaries of the Company whose names appears'in the Register of Members and records of the beneficiaries as may be intimated by the Depositories subject to approval of member at the forthcoming Annual General Meeting of the Company. 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 ₹274, the stock trades at a trailing P/E ratio of 16.7x. Average trailing P/E is 27x in the Machinery industry in India. Total returns to shareholders of 374% over the past three years. Announcement • May 17
Fluidomat Limited to Report Q4, 2023 Results on May 30, 2023 Fluidomat Limited announced that they will report Q4, 2023 results on May 30, 2023 Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: ₹3.49 (vs ₹2.94 in 3Q 2022) Third quarter 2023 results: EPS: ₹3.49 (up from ₹2.94 in 3Q 2022). Revenue: ₹102.8m (up 18% from 3Q 2022). Net income: ₹17.1m (up 22% from 3Q 2022). Profit margin: 17% (in line with 3Q 2022). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 31
Fluidomat Limited to Report Q3, 2023 Results on Feb 11, 2023 Fluidomat Limited announced that they will report Q3, 2023 results on Feb 11, 2023 Valuation Update With 7 Day Price Move • Nov 30
Investor sentiment improved over the past week After last week's 19% share price gain to ₹250, the stock trades at a trailing P/E ratio of 15.8x. Average trailing P/E is 26x in the Machinery industry in India. Total returns to shareholders of 217% over the past three years. Recent Insider Transactions • Nov 28
Whole-Time Director recently bought ₹994k worth of stock On the 25th of November, Kunal Jain bought around 5k shares on-market at roughly ₹214 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 • Nov 18
Second quarter 2023 earnings released: EPS: ₹6.54 (vs ₹2.69 in 2Q 2022) Second quarter 2023 results: EPS: ₹6.54 (up from ₹2.69 in 2Q 2022). Revenue: ₹134.2m (up 64% from 2Q 2022). Net income: ₹30.5m (up 155% from 2Q 2022). Profit margin: 23% (up from 15% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year whereas the company’s share price has increased by 33% per year. Board Change • Nov 16
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. No experienced directors. 6 highly experienced directors. Deputy MD & Whole-Time Woman Director Radhica Sharma was the last director to join the board, commencing their role in 2014. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Nov 05
Fluidomat Limited to Report Q2, 2023 Results on Nov 12, 2022 Fluidomat Limited announced that they will report Q2, 2023 results on Nov 12, 2022 Announcement • Sep 29
Fluidomat Limited Approves Dividend for the Financial Year Ended 31 March, 2022 Fluidomat Limited announced at the AGM held on September 26, 2022 that the company approved Declaration of INR 3.50 (35%) dividend on 49,27,000 equity shares of INR 10/- each of the Company for the financial year ended 31st March, 2022. Buying Opportunity • Sep 19
Now 21% undervalued Over the last 90 days, the stock is up 13%. The fair value is estimated to be ₹187, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 25%. Upcoming Dividend • Sep 12
Upcoming dividend of ₹3.50 per share Eligible shareholders must have bought the stock before 19 September 2022. Payment date: 26 October 2022. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 2.2%. Within top quartile of Indian dividend payers (1.6%). Higher than average of industry peers (0.6%). Reported Earnings • Aug 18
First quarter 2023 earnings released First quarter 2023 results: EPS: ₹2.92. Revenue: ₹92.6m (up 52% from 1Q 2022). Net income: ₹15.5m (up 42% from 1Q 2022). Profit margin: 17% (down from 18% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 27% per year whereas the company’s share price has increased by 23% per year. Announcement • Aug 03
Fluidomat Limited to Report Q1, 2023 Results on Aug 13, 2022 Fluidomat Limited announced that they will report Q1, 2023 results on Aug 13, 2022 Valuation Update With 7 Day Price Move • Jul 28
Investor sentiment improved over the past week After last week's 18% share price gain to ₹168, the stock trades at a trailing P/E ratio of 15.1x. Average trailing P/E is 25x in the Machinery industry in India. Total returns to shareholders of 95% over the past three years. Reported Earnings • Jun 04
Full year 2022 earnings released: EPS: ₹11.65 (vs ₹8.09 in FY 2021) Full year 2022 results: EPS: ₹11.65 (up from ₹8.09 in FY 2021). Revenue: ₹356.5m (up 26% from FY 2021). Net income: ₹54.8m (up 37% from FY 2021). Profit margin: 15% (up from 14% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 03
Investor sentiment improved over the past week After last week's 15% share price gain to ₹162, the stock trades at a trailing P/E ratio of 15.9x. Average trailing P/E is 24x in the Machinery industry in India. Total returns to shareholders of 65% over the past three years. Announcement • May 31
Fluidomat Limited Recommends Final Dividend for the Financial Year 2021-22 Fluidomat Limited at its board meeting held on May 30, 2022 recommended final dividend of INR 3.50 per share for the financial year 2021-22, subject to approval at annual general meeting. the dividend will be paid with in 30 days from the date of its declaration at AGM. Announcement • May 17
Fluidomat Limited to Report Q4, 2022 Results on May 30, 2022 Fluidomat Limited announced that they will report Q4, 2022 results on May 30, 2022 Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 6 highly experienced directors. Deputy MD & Whole-Time Woman Director Radhica Sharma was the last director to join the board, commencing their role in 2014. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Apr 01
Investor sentiment improved over the past week After last week's 17% share price gain to ₹174, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 23x in the Machinery industry in India. Total returns to shareholders of 82% over the past three years. Reported Earnings • Feb 17
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹2.94. Revenue: ₹86.9m (up 28% from 3Q 2021). Net income: ₹14.0m (up 60% from 3Q 2021). Profit margin: 16% (up from 13% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. 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 7% per year, which means it is significantly lagging earnings growth. Announcement • Feb 03
Fluidomat Limited to Report Q3, 2022 Results on Feb 14, 2022 Fluidomat Limited announced that they will report Q3, 2022 results on Feb 14, 2022 Valuation Update With 7 Day Price Move • Dec 28
Investor sentiment improved over the past week After last week's 16% share price gain to ₹136, the stock trades at a trailing P/E ratio of 14.9x. Average trailing P/E is 23x in the Machinery industry in India. Total returns to shareholders of 9.5% over the past three years. Reported Earnings • Nov 18
Second quarter 2022 earnings released: EPS ₹2.69 (vs ₹3.52 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: ₹86.3m (up 5.7% from 2Q 2021). Net income: ₹12.0m (down 27% from 2Q 2021). Profit margin: 14% (down from 20% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 09
Upcoming dividend of ₹3.25 per share Eligible shareholders must have bought the stock before 16 September 2021. Payment date: 25 October 2021. Trailing yield: 2.5%. Within top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (0.7%). Valuation Update With 7 Day Price Move • Aug 23
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₹125, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 22x in the Machinery industry in India. Total loss to shareholders of 9.2% over the past three years. Announcement • Apr 10
Fluidomat Limited Announces Resumption of Plant & Corporate Office Fluidomat Limited announced that with reference to the corporate announcement dated April 5, 2021, the company informed that company's Plant & Corporate Office has been resumed from April 8, 2021. Announcement • Apr 07
Fluidomat Limited Decides to Voluntary Lockdown Plant and Corporate Office for 3 Days from April 5, 2021 to April 7, 2021 to Prevent and Spreading of the Covid-19 Virus and for the Safety of Employees Fluidomat Limited decided to voluntary lockdown Plant and corporate office for 3 days from April 5, 2021 to April 7, 2021 to prevent and spreading of the COVID-19 Virus and for the safety of employees. The company informed that Plant and corporate office will remain shutdown for 3 days from April 5, 2021 to April 7, 2021. The expected financial. impact of this 3 days voluntary lockdown is not ascertainable at this stage and the company will update the BSE Limited about further developments. Reported Earnings • Feb 13
Third quarter 2021 earnings released: EPS ₹2.05 (vs ₹1.59 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: ₹71.2m (down 3.5% from 3Q 2020). Net income: ₹8.78m (up 12% from 3Q 2020). Profit margin: 12% (up from 11% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Announcement • Feb 02
Fluidomat Limited to Report Q3, 2021 Results on Feb 12, 2021 Fluidomat Limited announced that they will report Q3, 2021 results on Feb 12, 2021 Valuation Update With 7 Day Price Move • Dec 08
Market bids up stock over the past week After last week's 17% share price gain to ₹98.20, the stock is trading at a trailing P/E ratio of 12.9x, up from the previous P/E ratio of 11.1x. This compares to an average P/E of 24x in the Machinery industry in India. Total return to shareholders over the past three years is a loss of 46%. Is New 90 Day High Low • Dec 08
New 90-day high: ₹98.20 The company is up 6.0% from its price of ₹92.50 on 09 September 2020. The Indian market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 17% over the same period. Reported Earnings • Nov 13
Second quarter 2021 earnings released: EPS ₹3.52 The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₹85.6m (up 25% from 2Q 2020). Net income: ₹16.4m (up 58% from 2Q 2020). Profit margin: 19% (up from 15% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. 
