Reported Earnings • May 27
Full year 2026 earnings released: ₹0.12 loss per share (vs ₹0.082 loss in FY 2025) Full year 2026 results: ₹0.12 loss per share (further deteriorated from ₹0.082 loss in FY 2025). Revenue: ₹489.4m (down 77% from FY 2025). Net loss: ₹1.97m (loss widened 42% from FY 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 128 percentage points per year, which is a significant difference in performance. Announcement • May 18
Yogi Infra Projects Limited to Report Q4, 2026 Results on May 26, 2026 Yogi Infra Projects Limited announced that they will report Q4, 2026 results on May 26, 2026 Reported Earnings • Feb 04
Third quarter 2026 earnings released: ₹3.36 loss per share (vs ₹0.13 loss in 3Q 2025) Third quarter 2026 results: ₹3.36 loss per share (further deteriorated from ₹0.13 loss in 3Q 2025). Revenue: ₹3.22m (up 7.1% from 3Q 2025). Net loss: ₹56.6m (loss widened ₹54.4m from 3Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 131 percentage points per year, which is a significant difference in performance. Announcement • Jan 23
Yogi Infra Projects Limited to Report Q3, 2026 Results on Feb 03, 2026 Yogi Infra Projects Limited announced that they will report Q3, 2026 results on Feb 03, 2026 New Risk • Nov 27
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: -₹2.5b 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 (-₹2.5b free cash flow). Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 51% per year over the past 5 years. Market cap is less than US$10m (₹140.5m market cap, or US$1.57m). Reported Earnings • Nov 16
Second quarter 2026 earnings released: ₹2.31 loss per share (vs ₹0.17 loss in 2Q 2025) Second quarter 2026 results: ₹2.31 loss per share (further deteriorated from ₹0.17 loss in 2Q 2025). Revenue: ₹2.91m (up 27% from 2Q 2025). Net loss: ₹38.8m (loss widened ₹36.1m from 2Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 117 percentage points per year, which is a significant difference in performance. Announcement • Nov 05
Yogi Infra Projects Limited to Report Q2, 2026 Results on Nov 14, 2025 Yogi Infra Projects Limited announced that they will report Q2, 2026 results at 3:30 PM, Indian Standard Time on Nov 14, 2025 Announcement • Sep 08
Yogi Infra Projects Limited, Annual General Meeting, Sep 30, 2025 Yogi Infra Projects Limited, Annual General Meeting, Sep 30, 2025, at 15:00 Indian Standard Time. Reported Earnings • Aug 14
First quarter 2026 earnings released: ₹1.59 loss per share (vs ₹0.22 loss in 1Q 2025) First quarter 2026 results: ₹1.59 loss per share (further deteriorated from ₹0.22 loss in 1Q 2025). Revenue: ₹3.78m (up 92% from 1Q 2025). Net loss: ₹26.8m (loss widened ₹23.0m from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 50% per year, which means it is well ahead of earnings. Announcement • Jul 30
Yogi Infra Projects Limited to Report Q1, 2026 Results on Aug 13, 2025 Yogi Infra Projects Limited announced that they will report Q1, 2026 results on Aug 13, 2025 New Risk • Jun 01
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (13% average weekly change). Market cap is less than US$10m (₹240.2m market cap, or US$2.81m). Announcement • May 16
Yogi Infra Projects Limited to Report Q4, 2025 Results on May 23, 2025 Yogi Infra Projects Limited announced that they will report Q4, 2025 results on May 23, 2025 Valuation Update With 7 Day Price Move • May 15
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to ₹10.27, the stock trades at a trailing P/E ratio of 33.7x. Average trailing P/E is 21x in the Construction industry in India. Total returns to shareholders of 114% over the past three years. Valuation Update With 7 Day Price Move • Apr 15
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹8.84, the stock trades at a trailing P/E ratio of 29x. Average trailing P/E is 20x in the Construction industry in India. Total returns to shareholders of 64% over the past three years. Valuation Update With 7 Day Price Move • Mar 17
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹8.98, the stock trades at a trailing P/E ratio of 29.5x. Average trailing P/E is 19x in the Construction industry in India. Total returns to shareholders of 77% over the past three years. New Risk • Feb 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 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₹133.9m market cap, or US$1.54m). Minor Risks High level of debt (99% net debt to equity). Share price has been volatile over the past 3 months (7.8% average weekly change). Reported Earnings • Feb 15
Third quarter 2025 earnings released: ₹0.13 loss per share (vs ₹0.09 loss in 3Q 2024) Third quarter 2025 results: ₹0.13 loss per share (further deteriorated from ₹0.09 loss in 3Q 2024). Revenue: ₹3.01m (up 150% from 3Q 2024). Net loss: ₹2.21m (loss widened 43% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Announcement • Feb 07
Yogi Infra Projects Limited to Report Q3, 2025 Results on Feb 13, 2025 Yogi Infra Projects Limited announced that they will report Q3, 2025 results on Feb 13, 2025 Reported Earnings • Nov 16
Second quarter 2025 earnings released: ₹0.17 loss per share (vs ₹0.21 loss in 2Q 2024) Second quarter 2025 results: ₹0.17 loss per share (improved from ₹0.21 loss in 2Q 2024). Revenue: ₹2.29m (up 61% from 2Q 2024). Net loss: ₹2.78m (loss narrowed 21% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Announcement • Nov 09
Yogi Infra Projects Limited to Report Q2, 2025 Results on Nov 14, 2024 Yogi Infra Projects Limited announced that they will report Q2, 2025 results on Nov 14, 2024 New Risk • Nov 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.7% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Market cap is less than US$10m (₹176.0m market cap, or US$2.09m). Minor Risk Share price has been volatile over the past 3 months (7.7% average weekly change). Announcement • Sep 13
Yogi Infra Projects Limited, Annual General Meeting, Sep 30, 2024 Yogi Infra Projects Limited, Annual General Meeting, Sep 30, 2024, at 16:00 Indian Standard Time. Announcement • Sep 07
Yogi Infra Projects Limited Announces Appointment of Yogesh N Dave as Chief Financial Officer Yogi Infra Projects Limited at its board of directors meeting held on September 6, 2024, announced the appointment of Mr. Yogesh N Dave as Chief Financial Officer of the Company with effect from September 6, 2024. Mr. Yogesh N Dave has over 15 years of experience in accounting, taxation, regulatory compliance, financial planning, and MIS preparation. He is a detail-oriented professional with strong team leadership and collaboration skills. Mr. Dave has been associated with the Moongipa group Companies for over 10 years. Announcement • Sep 06
Yogi Infra Projects Limited Announces Board Resignations Yogi Infra Projects Limited at its board of directors meeting held on September 6, 2024, announced the resignation of Mr. Jitendra Kumar Pareek as Independent Director with effect from September 6, 2024, on account of personal reason and other professional commitments and Mr. Basudeo Kash Prasad Agarwal as Director of the Company with effect from September 6, 2024, on account of personal reason and other professional commitments. Valuation Update With 7 Day Price Move • Aug 28
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to ₹10.69, the stock trades at a trailing P/E ratio of 20.9x. Average trailing P/E is 29x in the Construction industry in India. Total returns to shareholders of 118% over the past three years. Reported Earnings • Aug 15
First quarter 2025 earnings released: ₹0.22 loss per share (vs ₹0.11 loss in 1Q 2024) First quarter 2025 results: ₹0.22 loss per share (further deteriorated from ₹0.11 loss in 1Q 2024). Revenue: ₹1.97m (up 43% from 1Q 2024). Net loss: ₹3.75m (loss widened 105% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 08
Yogi Infra Projects Limited to Report Q1, 2025 Results on Aug 14, 2024 Yogi Infra Projects Limited announced that they will report Q1, 2025 results on Aug 14, 2024 Valuation Update With 7 Day Price Move • Jun 25
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to ₹11.35, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 28x in the Construction industry in India. Total returns to shareholders of 134% over the past three years. New Risk • Jun 18
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 110% 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 23% per year over the past 5 years. High level of non-cash earnings (110% accrual ratio). Market cap is less than US$10m (₹158.0m market cap, or US$1.89m). Minor Risk Share price has been volatile over the past 3 months (8.7% average weekly change). Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to ₹7.22, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 24x in the Construction industry in India. Total returns to shareholders of 34% over the past three years. Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: ₹0.62 (vs ₹0.27 loss in FY 2023) Full year 2024 results: EPS: ₹0.62 (up from ₹0.27 loss in FY 2023). Revenue: ₹1.46b (up ₹1.46b from FY 2023). Net income: ₹10.5m (up ₹15.1m from FY 2023). Profit margin: 0.7% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 8% per year. New Risk • Jun 04
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 23% per year over the past 5 years. Market cap is less than US$10m (₹110.5m market cap, or US$1.32m). Minor Risk Share price has been volatile over the past 3 months (9.3% average weekly change). Announcement • May 20
Yogi Infra Projects Limited to Report Fiscal Year 2024 Results on May 30, 2024 Yogi Infra Projects Limited announced that they will report fiscal year 2024 results on May 30, 2024 Reported Earnings • Feb 13
Third quarter 2024 earnings released: ₹0.09 loss per share (vs ₹0.10 loss in 3Q 2023) Third quarter 2024 results: ₹0.09 loss per share (improved from ₹0.10 loss in 3Q 2023). Net loss: ₹1.54m (loss narrowed 10.0% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance. New Risk • Feb 09
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 Earnings have declined by 68% per year over the past 5 years. Revenue is less than US$1m (₹8.2m revenue, or US$99k). Market cap is less than US$10m (₹105.8m market cap, or US$1.27m). Minor Risks High level of debt (62% net debt to equity). Share price has been volatile over the past 3 months (7.7% average weekly change). Announcement • Sep 07
Yogi Infra Projects Limited, Annual General Meeting, Sep 30, 2023 Yogi Infra Projects Limited, Annual General Meeting, Sep 30, 2023, at 12:00 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2023 together with the reports of the Auditors and Board of Directors; to receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2023 together with the report of the Auditors; to consider Reappointment of Ms. Chetna Sanjay Agarwal; to consider Reappointment of Mr. Dhaval Mansukhlal Joshi as Non-Executive Independent Director; and to consider other matters. Announcement • Aug 04
Yogi Infra Projects Limited to Report Q1, 2024 Results on Aug 11, 2023 Yogi Infra Projects Limited announced that they will report Q1, 2024 results on Aug 11, 2023 Announcement • May 20
Yogi Infra Projects Limited to Report Q4, 2023 Results on May 30, 2023 Yogi Infra Projects Limited announced that they will report Q4, 2023 results on May 30, 2023 Buying Opportunity • Mar 29
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 31%. The fair value is estimated to be ₹3.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has declined by 55%. Reported Earnings • Feb 16
Third quarter 2023 earnings released: ₹0.10 loss per share (vs ₹0.02 profit in 3Q 2022) Third quarter 2023 results: ₹0.10 loss per share (down from ₹0.02 profit in 3Q 2022). Net loss: ₹1.72m (down ₹2.12m from profit in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 40% per year, which means it is well ahead of earnings. Announcement • Jan 21
Yogi Infra Projects Limited to Report Q3, 2023 Results on Feb 14, 2023 Yogi Infra Projects Limited announced that they will report Q3, 2023 results on Feb 14, 2023 Announcement • Nov 08
Yogi Infra Projects Limited to Report Q2, 2023 Results on Nov 14, 2022 Yogi Infra Projects Limited announced that they will report Q2, 2023 results on Nov 14, 2022 Announcement • May 31
Yogi Infra Projects Limited Announces Board Appointments Yogi Infra Projects Limited announced appointment of Ms. Chetna Sanjay Agarwal as an additional executive director (woman director) and appointment of Mr. Jitendra Kumar Pareek as an additional non executive director (independent director) of the company, at the board meeting held on May 30, 2022. Ms. Chetna Sanjay Agarwal is a member of Institute of Company Secretaries of India and Bar Council of India. She is also pursuing LLM in Intellectual and Property Rights and Information Technology from University of Mumbai. Ms. Agarwal has over 5 years of experience in legal and Secretarial matters. Mr. Jitendra Kumar Pareek is a member of Institute of Chartered Accountants of India and he is also a B.com graduate. Mr. Pareek has over 11 years of experience and knowledge in Accountancy, Income Tax, & GST. Announcement • May 14
Yogi Infra Projects Limited to Report Q4, 2022 Results on May 30, 2022 Yogi Infra Projects 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. 2 experienced directors. 2 highly experienced directors. Independent Non Executive Director Jitendra Dasani was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 08
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. Independent Non Executive Director Jitendra Dasani was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 01
Yogi Infra Projects Limited Announces Resignation of Saleen Francis Mothis, Woman Independent Director Yogi Infra Projects Limited announced Ms. Saleen Francis Mothis Woman Independent Director of company has resigned due to personal reasons and other pre-occupations, with effect from close of business hours of March 31, 2022. Executive Departure • Aug 25
Independent Non-Executive Woman Director Sapana Biswas has left the company On the 14th of August, Sapana Biswas' tenure as Independent Non-Executive Woman Director ended after 5.9 years in the role. We don't have any record of a personal shareholding under Sapana's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 6.67 years. Is New 90 Day High Low • Feb 09
New 90-day low: ₹2.20 The company is down 21% from its price of ₹2.80 on 11 November 2020. The Indian market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is up 44% over the same period. Valuation Update With 7 Day Price Move • Feb 04
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹2.50, the stock is trading at a trailing P/E ratio of 60.7x, down from the previous P/E ratio of 74.1x. This compares to an average P/E of 16x in the Construction industry in India. Total returns to shareholders over the past three years are 15%. Valuation Update With 7 Day Price Move • Jan 18
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹3.14, the stock is trading at a trailing P/E ratio of 76.3x, down from the previous P/E ratio of 91.1x. This compares to an average P/E of 15x in the Construction industry in India. Total returns to shareholders over the past three years are 15%. Announcement • Jan 16
Yogi Infra Projects Limited to Report Q3, 2021 Results on Feb 12, 2021 Yogi Infra Projects Limited announced that they will report Q3, 2021 results on Feb 12, 2021 Announcement • Jan 08
Yogi Infra Projects Limited Announces Resignation of Raji Jaikumar Panicker as Company Secretary & Compliance Officer Yogi Infra Projects Limited at its Board Meeting held on January 6, 2021 has approved on record the resignation of Ms. Raji Jaikumar Panicker (ACS - 24467) as Company Secretary & Compliance officer of the Company with effect from January 2, 2021. Is New 90 Day High Low • Jan 04
New 90-day high: ₹3.50 The company is up 56% from its price of ₹2.25 on 30 September 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 34% over the same period. Valuation Update With 7 Day Price Move • Dec 29
Investor sentiment improved over the past week After last week's 15% share price gain to ₹2.90, the stock is trading at a trailing P/E ratio of 70.5x, up from the previous P/E ratio of 61.2x. This compares to an average P/E of 14x in the Construction industry in India. Total returns to shareholders over the past three years are 54%. Valuation Update With 7 Day Price Move • Nov 26
Market bids up stock over the past week After last week's 15% share price gain to ₹2.59, the stock is trading at a trailing P/E ratio of 62.9x, up from the previous P/E ratio of 54.7x. This compares to an average P/E of 13x in the Construction industry in India. Total returns to shareholders over the past three years are 50%. Is New 90 Day High Low • Oct 17
New 90-day high: ₹2.87 The company is up 46% from its price of ₹1.97 on 16 July 2020. The Indian market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is down 1.0% over the same period. Announcement • Sep 02
Yogi Infra Projects Limited to Report Q4, 2020 Results on Sep 14, 2020 Yogi Infra Projects Limited announced that they will report Q4, 2020 results on Sep 14, 2020 Announcement • Jul 21
Yogi Infra Projects Limited to Report Q4, 2020 Results on Jul 30, 2020 Yogi Infra Projects Limited announced that they will report Q4, 2020 results on Jul 30, 2020 
