New Risk • May 14
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 11% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Market cap is less than US$10m (₹663.5m market cap, or US$6.93m). Valuation Update With 7 Day Price Move • May 14
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹106, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 16x in the Construction industry in India. Total returns to shareholders of 428% over the past three years. Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹78.00, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 15x in the Construction industry in India. Total returns to shareholders of 298% over the past three years. Reported Earnings • Feb 10
Third quarter 2026 earnings released: EPS: ₹0.97 (vs ₹0.33 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.97 (up from ₹0.33 in 3Q 2025). Revenue: ₹156.8m (up 11% from 3Q 2025). Net income: ₹6.08m (up 196% from 3Q 2025). Profit margin: 3.9% (up from 1.5% in 3Q 2025). The increase in margin was driven by higher revenue. 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 58% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 02
Conart Engineers Limited to Report Q3, 2026 Results on Feb 09, 2026 Conart Engineers Limited announced that they will report Q3, 2026 results on Feb 09, 2026 Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹81.95, the stock trades at a trailing P/E ratio of 14.8x. Average trailing P/E is 18x in the Construction industry in India. Total returns to shareholders of 310% over the past three years. Reported Earnings • Nov 16
Second quarter 2026 earnings released: EPS: ₹2.06 (vs ₹1.73 in 2Q 2025) Second quarter 2026 results: EPS: ₹2.06 (up from ₹1.73 in 2Q 2025). Revenue: ₹166.4m (up 57% from 2Q 2025). Net income: ₹12.9m (up 19% from 2Q 2025). Profit margin: 7.8% (down from 10% in 2Q 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 66% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 28
Conart Engineers Limited to Report Q2, 2026 Results on Nov 14, 2025 Conart Engineers Limited announced that they will report Q2, 2026 results at 12:15 PM, Indian Standard Time on Nov 14, 2025 Announcement • Aug 19
Conart Engineers Limited, Annual General Meeting, Sep 15, 2025 Conart Engineers Limited, Annual General Meeting, Sep 15, 2025, at 15:00 Indian Standard Time. Buy Or Sell Opportunity • Aug 08
Now 35% overvalued after recent price rise Over the last 90 days, the stock has risen 34% to ₹118. The fair value is estimated to be ₹87.54, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 21%. Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹103, the stock trades at a trailing P/E ratio of 20.9x. Average trailing P/E is 20x in the Construction industry in India. Total returns to shareholders of 479% over the past three years. New Risk • Aug 05
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 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₹660.0m market cap, or US$7.52m). Minor Risk Share price has been volatile over the past 3 months (7.0% average weekly change). Reported Earnings • Aug 01
First quarter 2026 earnings released: EPS: ₹1.14 (vs ₹0.21 in 1Q 2025) First quarter 2026 results: EPS: ₹1.14 (up from ₹0.21 in 1Q 2025). Revenue: ₹157.9m (up 59% from 1Q 2025). Net income: ₹7.19m (up 429% from 1Q 2025). Profit margin: 4.6% (up from 1.4% in 1Q 2025). The increase in margin was driven by higher revenue. 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 85% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 14
Conart Engineers Limited to Report Q1, 2026 Results on Jul 31, 2025 Conart Engineers Limited announced that they will report Q1, 2026 results on Jul 31, 2025 Valuation Update With 7 Day Price Move • Jul 02
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹128, the stock trades at a trailing P/E ratio of 30x. Average trailing P/E is 23x in the Construction industry in India. Total returns to shareholders of 635% over the past three years. Buy Or Sell Opportunity • Jun 05
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 12% to ₹97.35. The fair value is estimated to be ₹80.86, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 26%. Reported Earnings • May 29
Full year 2025 earnings released: EPS: ₹4.27 (vs ₹4.91 in FY 2024) Full year 2025 results: EPS: ₹4.27 (down from ₹4.91 in FY 2024). Revenue: ₹570.4m (up 17% from FY 2024). Net income: ₹26.8m (down 13% from FY 2024). Profit margin: 4.7% (down from 6.3% in FY 2024). The decrease in margin was 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 67% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 15
Conart Engineers Limited to Report Q4, 2025 Results on May 27, 2025 Conart Engineers Limited announced that they will report Q4, 2025 results on May 27, 2025 Valuation Update With 7 Day Price Move • Apr 23
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹93.66, the stock trades at a trailing P/E ratio of 24x. Average trailing P/E is 22x in the Construction industry in India. Total returns to shareholders of 322% over the past three years. Valuation Update With 7 Day Price Move • Mar 10
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹91.06, the stock trades at a trailing P/E ratio of 23.3x. Average trailing P/E is 21x in the Construction industry in India. Total returns to shareholders of 402% over the past three years. Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to ₹107, the stock trades at a trailing P/E ratio of 27.5x. Average trailing P/E is 20x in the Construction industry in India. Total returns to shareholders of 531% over the past three years. Reported Earnings • Feb 15
Third quarter 2025 earnings released: EPS: ₹0.65 (vs ₹3.68 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.65 (down from ₹3.68 in 3Q 2024). Revenue: ₹142.2m (up 3.3% from 3Q 2024). Net income: ₹2.05m (down 82% from 3Q 2024). Profit margin: 1.4% (down from 8.4% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 88% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Feb 04
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹288, the stock trades at a trailing P/E ratio of 26.6x. Average trailing P/E is 24x in the Construction industry in India. Total returns to shareholders of 621% over the past three years. Announcement • Feb 01
Conart Engineers Limited to Report Q3, 2025 Results on Feb 13, 2025 Conart Engineers Limited announced that they will report Q3, 2025 results on Feb 13, 2025 New Risk • Jan 24
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹859.4m (US$9.97m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). High level of non-cash earnings (21% accrual ratio). Market cap is less than US$10m (₹859.4m market cap, or US$9.97m). Recent Insider Transactions • Dec 30
Chairman & MD recently sold ₹604k worth of stock On the 27th of December, Jitendra Sura sold around 2k shares on-market at roughly ₹302 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Jitendra's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Dec 19
Investor sentiment improves as stock rises 33% After last week's 33% share price gain to ₹330, the stock trades at a trailing P/E ratio of 30.4x. Average trailing P/E is 28x in the Construction industry in India. Total returns to shareholders of 799% over the past three years. Valuation Update With 7 Day Price Move • Dec 03
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹231, the stock trades at a trailing P/E ratio of 21.4x. Average trailing P/E is 26x in the Construction industry in India. Total returns to shareholders of 568% over the past three years. Reported Earnings • Nov 16
Second quarter 2025 earnings released: EPS: ₹3.46 (vs ₹2.45 in 2Q 2024) Second quarter 2025 results: EPS: ₹3.46 (up from ₹2.45 in 2Q 2024). Revenue: ₹106.2m (down 8.8% from 2Q 2024). Net income: ₹10.9m (up 41% from 2Q 2024). Profit margin: 10% (up from 6.6% in 2Q 2024). The increase in margin was driven by lower expenses. 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 73% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹180, the stock trades at a trailing P/E ratio of 18.3x. Average trailing P/E is 28x in the Construction industry in India. Total returns to shareholders of 430% over the past three years. Announcement • Nov 04
Conart Engineers Limited to Report Q2, 2025 Results on Nov 14, 2024 Conart Engineers Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Valuation Update With 7 Day Price Move • Sep 06
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹169, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 29x in the Construction industry in India. Total returns to shareholders of 367% over the past three years. New Risk • Aug 15
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.3% 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 (₹466.8m market cap, or US$5.56m). Minor Risk Share price has been volatile over the past 3 months (8.3% average weekly change). Announcement • Aug 14
Conart Engineers Limited, Annual General Meeting, Sep 16, 2024 Conart Engineers Limited, Annual General Meeting, Sep 16, 2024, at 15:00 Indian Standard Time. Reported Earnings • Aug 14
First quarter 2025 earnings released: EPS: ₹0.43 (vs ₹0.42 in 1Q 2024) First quarter 2025 results: EPS: ₹0.43 (up from ₹0.42 in 1Q 2024). Revenue: ₹100.2m (up 15% from 1Q 2024). Net income: ₹1.36m (up 3.7% from 1Q 2024). Profit margin: 1.4% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has increased by 56% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 03
Conart Engineers Limited to Report Q1, 2025 Results on Aug 13, 2024 Conart Engineers Limited announced that they will report Q1, 2025 results on Aug 13, 2024 Valuation Update With 7 Day Price Move • Jul 30
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹151, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 30x in the Construction industry in India. Total returns to shareholders of 241% over the past three years. Valuation Update With 7 Day Price Move • Jun 21
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹165, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 28x in the Construction industry in India. Total returns to shareholders of 425% over the past three years. Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: ₹9.81 (vs ₹6.29 in FY 2023) Full year 2024 results: EPS: ₹9.81 (up from ₹6.29 in FY 2023). Revenue: ₹494.9m (up 40% from FY 2023). Net income: ₹30.8m (up 56% from FY 2023). Profit margin: 6.2% (up from 5.6% 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 41% 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 • May 31
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹139, the stock trades at a trailing P/E ratio of 16x. Average trailing P/E is 26x in the Construction industry in India. Total returns to shareholders of 388% over the past three years. Announcement • May 30
Conart Engineers Limited Announces Resignation of Mrs. Kavaljit Nishant Parmar as Company Secretary and Compliance Officer, Effective May 31, 2024 Conart Engineers Limited announced that the Board of Directors of the Company at its meeting held on May 30, 2024, the Board Members took note of the resignation of Mrs. Kavaljit Nishant Parmar (ACS 53248) as Company Secretary and Compliance Officer of the Company with effect close of working hours from 31st May, 2024. Announcement • May 26
Conart Engineers Limited to Report Q4, 2024 Results on May 30, 2024 Conart Engineers Limited announced that they will report Q4, 2024 results on May 30, 2024 Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹112, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 28x in the Construction industry in India. Total returns to shareholders of 334% over the past three years. Valuation Update With 7 Day Price Move • Mar 12
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹93.65, the stock trades at a trailing P/E ratio of 10.8x. Average trailing P/E is 26x in the Construction industry in India. Total returns to shareholders of 259% over the past three years. Valuation Update With 7 Day Price Move • Feb 14
Investor sentiment improves as stock rises 42% After last week's 42% share price gain to ₹118, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 27x in the Construction industry in India. Total returns to shareholders of 360% over the past three years. Reported Earnings • Feb 08
Third quarter 2024 earnings released: EPS: ₹3.68 (vs ₹1.81 in 3Q 2023) Third quarter 2024 results: EPS: ₹3.68 (up from ₹1.81 in 3Q 2023). Revenue: ₹138.0m (up 72% from 3Q 2023). Net income: ₹11.6m (up 103% from 3Q 2023). Profit margin: 8.4% (up from 7.1% 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 39% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 31
Conart Engineers Limited to Report Q3, 2024 Results on Feb 07, 2024 Conart Engineers Limited announced that they will report Q3, 2024 results on Feb 07, 2024 Valuation Update With 7 Day Price Move • Jan 30
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹76.38, the stock trades at a trailing P/E ratio of 11.2x. Average trailing P/E is 26x in the Construction industry in India. Total returns to shareholders of 158% over the past three years. Reported Earnings • Nov 14
Second quarter 2024 earnings released: EPS: ₹2.45 (vs ₹1.04 in 2Q 2023) Second quarter 2024 results: EPS: ₹2.45 (up from ₹1.04 in 2Q 2023). Revenue: ₹119.1m (down 11% from 2Q 2023). Net income: ₹7.70m (up 136% from 2Q 2023). Profit margin: 6.5% (up from 2.5% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹61.26, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 22x in the Construction industry in India. Total returns to shareholders of 157% over the past three years. Announcement • Nov 08
Conart Engineers Limited to Report Q2, 2024 Results on Nov 13, 2023 Conart Engineers Limited announced that they will report Q2, 2024 results on Nov 13, 2023 New Risk • Oct 05
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.1% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.1% average weekly change). Market cap is less than US$10m (₹148.7m market cap, or US$1.79m). Minor Risk Revenue is less than US$5m (₹387m revenue, or US$4.6m). Valuation Update With 7 Day Price Move • Oct 03
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to ₹56.82, the stock trades at a trailing P/E ratio of 10.1x. Average trailing P/E is 22x in the Construction industry in India. Total returns to shareholders of 171% over the past three years. Valuation Update With 7 Day Price Move • Aug 23
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹52.01, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 21x in the Construction industry in India. Total returns to shareholders of 134% over the past three years. Announcement • Aug 22
Conart Engineers Limited, Annual General Meeting, Sep 26, 2023 Conart Engineers Limited, Annual General Meeting, Sep 26, 2023, at 15:00 Indian Standard Time. Agenda: To consider Adoption of Financial Statements; to consider Re-appointment of Director; and to consider Variation/revision in the terms and conditions of the remuneration of Mr. Jitendra Sura (DIN-00480172). Reported Earnings • Aug 18
First quarter 2024 earnings released: EPS: ₹0.42 (vs ₹1.07 in 1Q 2023) First quarter 2024 results: EPS: ₹0.42 (down from ₹1.07 in 1Q 2023). Revenue: ₹87.8m (up 53% from 1Q 2023). Net income: ₹1.31m (down 61% from 1Q 2023). Profit margin: 1.5% (down from 5.8% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 09
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹49.34, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 21x in the Construction industry in India. Total returns to shareholders of 136% over the past three years. Announcement • Aug 06
Conart Engineers Limited to Report Q1, 2024 Results on Aug 14, 2023 Conart Engineers Limited announced that they will report Q1, 2024 results on Aug 14, 2023 Reported Earnings • Jun 04
Full year 2023 earnings released: EPS: ₹6.29 (vs ₹4.09 in FY 2022) Full year 2023 results: EPS: ₹6.29 (up from ₹4.09 in FY 2022). Revenue: ₹356.7m (down 3.1% from FY 2022). Net income: ₹19.7m (up 54% from FY 2022). Profit margin: 5.5% (up from 3.5% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 25
Conart Engineers Limited to Report Q4, 2023 Results on May 30, 2023 Conart Engineers Limited announced that they will report Q4, 2023 results on May 30, 2023 Reported Earnings • Feb 15
Third quarter 2023 earnings released: EPS: ₹1.81 (vs ₹1.60 in 3Q 2022) Third quarter 2023 results: EPS: ₹1.81 (up from ₹1.60 in 3Q 2022). Revenue: ₹80.5m (down 13% from 3Q 2022). Net income: ₹5.69m (up 14% from 3Q 2022). Profit margin: 7.1% (up from 5.4% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 08
Conart Engineers Limited to Report Q3, 2023 Results on Feb 13, 2023 Conart Engineers Limited announced that they will report Q3, 2023 results on Feb 13, 2023 Announcement • Nov 08
Conart Engineers Limited to Report Q2, 2023 Results on Nov 14, 2022 Conart Engineers Limited announced that they will report Q2, 2023 results at 12:15 PM, Indian Standard Time on Nov 14, 2022 Valuation Update With 7 Day Price Move • Oct 21
Investor sentiment improved over the past week After last week's 16% share price gain to ₹45.90, the stock trades at a trailing P/E ratio of 9.6x. Average trailing P/E is 19x in the Construction industry in India. Total returns to shareholders of 146% over the past three years. Announcement • Aug 31
Conart Engineers Limited, Annual General Meeting, Sep 27, 2022 Conart Engineers Limited, Annual General Meeting, Sep 27, 2022, at 15:00 Indian Standard Time. Agenda: To consider and approve the audited financial statements of the company for the financial year ended on 31st March, 2022, including audited balance sheet as at 31st March, 2022, the Statement of Profit and Loss and Cash Flow Statement of the Company for the year ended on that date and notes related thereto together with the Report of the Board of Directors' and Auditors' thereon; to consider and approve the appointment of a Director in place of Mr. Jimish Sura, who retires by rotation and being eligible offers himself for re-appointment; and to consider other matters. Reported Earnings • Aug 16
First quarter 2023 earnings released: EPS: ₹1.07 (vs ₹0.36 in 1Q 2022) First quarter 2023 results: EPS: ₹1.07 (up from ₹0.36 in 1Q 2022). Revenue: ₹56.7m (up 13% from 1Q 2022). Net income: ₹3.35m (up 193% from 1Q 2022). Profit margin: 5.9% (up from 2.3% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Announcement • Aug 03
Conart Engineers Limited to Report Q1, 2023 Results on Aug 10, 2022 Conart Engineers Limited announced that they will report Q1, 2023 results on Aug 10, 2022 Announcement • May 25
Conart Engineers Limited to Report Q4, 2022 Results on May 30, 2022 Conart Engineers Limited announced that they will report Q4, 2022 results on May 30, 2022 Reported Earnings • Feb 15
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹1.60 (up from ₹0.14 in 3Q 2021). Revenue: ₹90.9m (up 162% from 3Q 2021). Net income: ₹5.02m (up ₹4.59m from 3Q 2021). Profit margin: 5.5% (up from 1.2% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Announcement • Feb 04
Conart Engineers Limited to Report Q3, 2022 Results on Feb 12, 2022 Conart Engineers Limited announced that they will report Q3, 2022 results on Feb 12, 2022 Valuation Update With 7 Day Price Move • Dec 28
Investor sentiment improved over the past week After last week's 18% share price gain to ₹41.80, the stock trades at a trailing P/E ratio of 21.5x. Average trailing P/E is 17x in the Construction industry in India. Total returns to shareholders of 76% over the past three years. Valuation Update With 7 Day Price Move • Aug 04
Investor sentiment improved over the past week After last week's 25% share price gain to ₹51.30, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 20x in the Construction industry in India. Total returns to shareholders of 54% over the past three years. Valuation Update With 7 Day Price Move • Jul 14
Investor sentiment improved over the past week After last week's 18% share price gain to ₹38.15, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 19x in the Construction industry in India. Total returns to shareholders of 26% over the past three years. Reported Earnings • Jun 27
Full year 2021 earnings released: EPS ₹3.30 (vs ₹3.79 in FY 2020) The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2021 results: Revenue: ₹217.1m (down 14% from FY 2020). Net income: ₹10.4m (down 13% from FY 2020). Profit margin: 4.8% (up from 4.7% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • May 13
Investor sentiment improved over the past week After last week's 15% share price gain to ₹29.10, the stock trades at a trailing P/E ratio of 10.8x. Average trailing P/E is 18x in the Construction industry in India. Total loss to shareholders of 24% over the past three years. Reported Earnings • Feb 12
Third quarter 2021 earnings released: EPS ₹0.14 (vs ₹1.25 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹35.3m (down 38% from 3Q 2020). Net income: ₹429.0k (down 89% from 3Q 2020). Profit margin: 1.2% (down from 6.8% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings. Announcement • Feb 02
Conart Engineers Limited to Report Q3, 2021 Results on Feb 10, 2021 Conart Engineers Limited announced that they will report Q3, 2021 results on Feb 10, 2021 Announcement • Dec 29
Conart Engineers Limited Announces Resignation of Mr. Asim Chandra as Independent Director Conart Engineers Limited announced that resignation of Mr. Asim Chandra from he position of Independent Director with effect from 28 December, 2020. Valuation Update With 7 Day Price Move • Dec 24
Investor sentiment improved over the past week After last week's 29% share price gain to ₹33.00, the stock is trading at a trailing P/E ratio of 8.7x, up from the previous P/E ratio of 6.7x. This compares to an average P/E of 14x in the Construction industry in India. Total return to shareholders over the past three years is a loss of 26%. Is New 90 Day High Low • Dec 23
New 90-day high: ₹29.15 The company is up 50% from its price of ₹19.45 on 24 September 2020. The Indian market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 32% over the same period. Announcement • Nov 01
Conart Engineers Limited to Report Q2, 2021 Results on Nov 09, 2020 Conart Engineers Limited announced that they will report Q2, 2021 results on Nov 09, 2020 Valuation Update With 7 Day Price Move • Oct 26
Market bids up stock over the past week After last week's 19% share price gain to ₹22.60, the stock is trading at a trailing P/E ratio of 6.1x, up from the previous P/E ratio of 5.1x. This compares to an average P/E of 12x in the Construction industry in India. Total return to shareholders over the past three years is a loss of 60%. Announcement • Aug 07
Conart Engineers Limited to Report Q1, 2021 Results on Aug 10, 2020 Conart Engineers Limited announced that they will report Q1, 2021 results on Aug 10, 2020 
