New Risk • May 21
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 9.0% 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 Risks Earnings have declined by 47% per year over the past 5 years. Shareholders have been substantially diluted in the past year (30% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (9.0% average weekly change). Market cap is less than US$100m (₹1.97b market cap, or US$20.4m). New Risk • Feb 18
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 36% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 47% per year over the past 5 years. Shareholders have been substantially diluted in the past year (36% increase in shares outstanding). Minor Risk Market cap is less than US$100m (₹3.79b market cap, or US$41.8m). Announcement • Feb 17
Candour Techtex Limited announced that it has received INR 905.98125 million in funding from a group of investors On February 16, 2026. Candour Techtex Limited announces that it has closed the transaction. Reported Earnings • Feb 16
Third quarter 2026 earnings released: ₹0.34 loss per share (vs ₹0.17 profit in 3Q 2025) Third quarter 2026 results: ₹0.34 loss per share (down from ₹0.17 profit in 3Q 2025). Revenue: ₹78.1m (down 83% from 3Q 2025). Net loss: ₹6.31m (down 325% from profit in 3Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 153 percentage points per year, which is a significant difference in performance. Announcement • Feb 10
Candour Techtex Limited to Report Q3, 2026 Results on Feb 14, 2026 Candour Techtex Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Feb 14, 2026 Announcement • Nov 11
Candour Techtex Limited to Report Q2, 2026 Results on Nov 14, 2025 Candour Techtex Limited announced that they will report Q2, 2026 results on Nov 14, 2025 New Risk • Oct 25
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 8.5% 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 Interest payments are not well covered by earnings (0.04x net interest cover). Share price has been highly volatile over the past 3 months (8.5% average weekly change). Earnings have declined by 18% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₹2.79b market cap, or US$31.8m). Announcement • Oct 21
Candour Techtex Limited announced that it expects to receive INR 1.9823 billion in funding Candour Techtex Limited announces a private placement to issue 6,786,400 Equity Shares at a price of INR 125 for proceeds of INR 848,300,000 and 9,072,000 Convertible Warrants at a price of INR 125 for proceeds of INR 1,134,000,000 for aggregate proceeds of INR 1,982,300,000 on October 20, 2025. Announcement • Oct 01
Candour Techtex Limited Appoints Karishma Rishabh Singhavi as Independent Director Candour Techtex Limited at its 39th Annual General Meeting held on September 30, 2025, approved the appointment of Mrs. Karishma Rishabh Singhavi (DIN: 11253350) as an Independent Director of the Company. New Risk • Sep 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 7.0% 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 Risks Interest payments are not well covered by earnings (0.04x net interest cover). Earnings have declined by 18% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Market cap is less than US$100m (₹1.43b market cap, or US$16.3m). Announcement • Sep 02
Candour Techtex Limited, Annual General Meeting, Sep 30, 2025 Candour Techtex Limited, Annual General Meeting, Sep 30, 2025, at 15:00 Indian Standard Time. New Risk • Aug 20
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 0.04x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.04x net interest cover). Earnings have declined by 18% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₹1.58b market cap, or US$18.1m). Reported Earnings • Aug 16
First quarter 2026 earnings released: ₹0.05 loss per share (vs ₹0.35 profit in 1Q 2025) First quarter 2026 results: ₹0.05 loss per share (down from ₹0.35 profit in 1Q 2025). Revenue: ₹340.9m (down 29% from 1Q 2025). Net loss: ₹9.20m (down 253% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings. Announcement • Aug 09
Candour Techtex Limited to Report Q1, 2026 Results on Aug 14, 2025 Candour Techtex Limited announced that they will report Q1, 2026 results on Aug 14, 2025 Board Change • Jun 24
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Zareer Colabavala was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • May 30
Full year 2025 earnings released: EPS: ₹0.04 (vs ₹0.62 loss in FY 2024) Full year 2025 results: EPS: ₹0.04 (up from ₹0.62 loss in FY 2024). Revenue: ₹1.90b (up 2.8% from FY 2024). Net income: ₹6.73m (up ₹17.3m from FY 2024). Profit margin: 0.4% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings. Announcement • May 24
Candour Techtex Limited to Report Fiscal Year 2025 Results on May 29, 2025 Candour Techtex Limited announced that they will report fiscal year 2025 results at 3:30 PM, Indian Standard Time on May 29, 2025 Recent Insider Transactions • Feb 28
Chairman recently bought ₹4.8m worth of stock On the 25th of February, Jayesh Mehta bought around 53k shares on-market at roughly ₹91.14 per share. This transaction amounted to 1.2% 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 Jayesh's only on-market trade for the last 12 months. Reported Earnings • Feb 15
Third quarter 2025 earnings released: EPS: ₹0.17 (vs ₹0.31 loss in 3Q 2024) Third quarter 2025 results: EPS: ₹0.17 (up from ₹0.31 loss in 3Q 2024). Revenue: ₹464.3m (up 5.5% from 3Q 2024). Net income: ₹2.81m (up ₹8.00m from 3Q 2024). Profit margin: 0.6% (up from net loss in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings. Announcement • Feb 07
Candour Techtex Limited to Report Q3, 2025 Results on Feb 13, 2025 Candour Techtex Limited announced that they will report Q3, 2025 results on Feb 13, 2025 Reported Earnings • Nov 16
Second quarter 2025 earnings released: EPS: ₹0.31 (vs ₹0.015 loss in 2Q 2024) Second quarter 2025 results: EPS: ₹0.31 (up from ₹0.015 loss in 2Q 2024). Revenue: ₹402.7m (down 29% from 2Q 2024). Net income: ₹5.33m (up ₹5.58m from 2Q 2024). Profit margin: 1.3% (up from 0% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings. Announcement • Nov 09
Candour Techtex Limited to Report Q2, 2025 Results on Nov 14, 2024 Candour Techtex Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Announcement • Sep 02
Candour Techtex Limited, Annual General Meeting, Sep 27, 2024 Candour Techtex Limited, Annual General Meeting, Sep 27, 2024, at 15:00 Indian Standard Time. Reported Earnings • Aug 14
First quarter 2025 earnings released: EPS: ₹0.35 (vs ₹0.22 loss in 1Q 2024) First quarter 2025 results: EPS: ₹0.35 (up from ₹0.22 loss in 1Q 2024). Revenue: ₹484.9m (up 16% from 1Q 2024). Net income: ₹6.01m (up ₹9.65m from 1Q 2024). Profit margin: 1.2% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Announcement • Aug 08
Candour Techtex Limited to Report Q1, 2025 Results on Aug 12, 2024 Candour Techtex Limited announced that they will report Q1, 2025 results at 3:30 PM, Indian Standard Time on Aug 12, 2024 Reported Earnings • Jun 04
Full year 2024 earnings released: ₹0.62 loss per share (vs ₹1.36 profit in FY 2023) Full year 2024 results: ₹0.62 loss per share (down from ₹1.36 profit in FY 2023). Revenue: ₹1.87b (up 214% from FY 2023). Net loss: ₹10.6m (down 146% from profit in FY 2023). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Announcement • May 29
Candour Techtex Limited to Report Q4, 2024 Results on May 30, 2024 Candour Techtex Limited announced that they will report Q4, 2024 results on May 30, 2024 New Risk • Mar 26
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 8.5% 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 (14% operating cash flow to total debt). Market cap is less than US$10m (₹699.8m market cap, or US$8.40m). Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.6% net profit margin). Valuation Update With 7 Day Price Move • Mar 18
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹39.01, the stock trades at a trailing P/E ratio of 78.3x. Average trailing P/E is 32x in the Machinery industry in India. Total loss to shareholders of 36% over the past three years. Reported Earnings • Feb 16
Third quarter 2024 earnings released: ₹0.31 loss per share (vs ₹0.13 profit in 3Q 2023) Third quarter 2024 results: ₹0.31 loss per share (down from ₹0.13 profit in 3Q 2023). Revenue: ₹440.1m (up ₹407.0m from 3Q 2023). Net loss: ₹5.19m (down 334% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Announcement • Feb 13
Candour Techtex Limited Announces Resignation of Ms. Kirti Pathak as the Company Secretary and Compliance Officer of the Company with Effect from February 15, 2024 Candour Techtex Limited announced that at the board meeting held on February 13, 2024, the company approved the resignation of Ms. Kirti Pathak as the Company Secretary and Compliance Officer of the Company with Effect from February 15, 2024. Announcement • Feb 07
Candour Techtex Limited to Report Q3, 2024 Results on Feb 13, 2024 Candour Techtex Limited announced that they will report Q3, 2024 results on Feb 13, 2024 Valuation Update With 7 Day Price Move • Jan 24
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹48.93, the stock trades at a trailing P/E ratio of 52.3x. Average trailing P/E is 34x in the Machinery industry in India. Total loss to shareholders of 19% over the past three years. Valuation Update With 7 Day Price Move • Jan 10
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹54.17, the stock trades at a trailing P/E ratio of 58x. Average trailing P/E is 35x in the Machinery industry in India. Total loss to shareholders of 12% over the past three years. Valuation Update With 7 Day Price Move • Dec 19
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹50.47, the stock trades at a trailing P/E ratio of 54x. Average trailing P/E is 33x in the Machinery industry in India. Total loss to shareholders of 5.0% over the past three years. Valuation Update With 7 Day Price Move • Nov 24
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹45.12, the stock trades at a trailing P/E ratio of 48.3x. Average trailing P/E is 31x in the Machinery industry in India. Total loss to shareholders of 18% over the past three years. Reported Earnings • Nov 15
Second quarter 2024 earnings released: ₹0.01 loss per share (vs ₹0.25 profit in 2Q 2023) Second quarter 2024 results: ₹0.01 loss per share (down from ₹0.25 profit in 2Q 2023). Revenue: ₹570.1m (up 230% from 2Q 2023). Net loss: ₹251.0k (down 106% from profit in 2Q 2023). Profit margin: 0% (down from 2.4% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Announcement • Nov 04
Candour Techtex Limited to Report Q2, 2023 Results on Nov 10, 2023 Candour Techtex Limited announced that they will report Q2, 2023 results on Nov 10, 2023 Valuation Update With 7 Day Price Move • Nov 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹38.07, the stock trades at a trailing P/E ratio of 31.8x. Average trailing P/E is 31x in the Machinery industry in India. Total loss to shareholders of 33% over the past three years. Announcement • Sep 07
Candour Techtex Limited, Annual General Meeting, Sep 30, 2023 Candour Techtex Limited, Annual General Meeting, Sep 30, 2023, at 15:30 Indian Standard Time. Location: 108/109, T.V. Industrial Estate, 52, S>K> Ahire Marg, Worli, Mumbai-40030 Mumbai India Agenda: To receive, consider and adopt the Standalone Audited Financial Statements of the Company for the financial year ended March 31, 2023 together with the Reports of the Auditors and Board of Directors thereon; to appoint a director in place of Mrs. Amita Jayesh Mehta, who retires by rotation and being eligible offers herself for re-appointment; and to consider any other matters. New Risk • Aug 18
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 17% 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 (17% operating cash flow to total debt). Market cap is less than US$10m (₹660.6m market cap, or US$7.95m). Minor Risk Share price has been volatile over the past 3 months (7.5% average weekly change). Reported Earnings • Aug 16
First quarter 2024 earnings released: ₹0.22 loss per share (vs ₹0.05 loss in 1Q 2023) First quarter 2024 results: ₹0.22 loss per share (further deteriorated from ₹0.05 loss in 1Q 2023). Revenue: ₹425.2m (up 24% from 1Q 2023). Net loss: ₹3.65m (loss widened 317% from 1Q 2023). 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 6% per year, which means it is significantly lagging earnings. Announcement • Aug 09
Candour Techtex Limited to Report Q1, 2024 Results on Aug 14, 2023 Candour Techtex Limited announced that they will report Q1, 2024 results on Aug 14, 2023 New Risk • Jul 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.1% 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: Major Risks High level of non-cash earnings (66% accrual ratio). Market cap is less than US$10m (₹711.5m market cap, or US$8.68m). Minor Risks High level of debt (44% net debt to equity). Share price has been volatile over the past 3 months (7.1% average weekly change). Announcement • Sep 13
Candour Techtex Limited, Annual General Meeting, Sep 29, 2022 Candour Techtex Limited, Annual General Meeting, Sep 29, 2022, at 16:30 Indian Standard Time. Announcement • May 26
Candour Techtex Limited to Report Q4, 2022 Results on May 30, 2022 Candour Techtex Limited announced that they will report Q4, 2022 results on May 30, 2022 Announcement • Feb 08
Chandni Textiles Engineering Industries Limited to Report Q3, 2022 Results on Feb 14, 2022 Chandni Textiles Engineering Industries Limited announced that they will report Q3, 2022 results on Feb 14, 2022 Reported Earnings • Jul 04
Full year 2021 earnings released: EPS ₹0.68 (vs ₹0.052 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹708.0m (up 477% from FY 2020). Net income: ₹11.0m (up ₹10.2m from FY 2020). Profit margin: 1.6% (up from 0.7% in FY 2020). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Feb 25
New 90-day high: ₹70.40 The company is up 28% from its price of ₹54.90 on 27 November 2020. The Indian market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 26% over the same period. Reported Earnings • Feb 17
Third quarter 2021 earnings released: EPS ₹0.17 (vs ₹0.16 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹230.8m (up ₹194.3m from 3Q 2020). Net income: ₹2.80m (up ₹5.38m from 3Q 2020). Profit margin: 1.2% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Feb 08
New 90-day high: ₹63.95 The company is up 13% from its price of ₹56.70 on 10 November 2020. The Indian market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 34% over the same period. Announcement • Feb 05
Chandni Textiles Engineering Industries Limited to Report Q3, 2021 Results on Feb 12, 2021 Chandni Textiles Engineering Industries Limited announced that they will report Q3, 2021 results on Feb 12, 2021 Is New 90 Day High Low • Jan 13
New 90-day high: ₹61.45 The company is up 22% from its price of ₹50.45 on 15 October 2020. The Indian market is up 24% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 33% over the same period. Is New 90 Day High Low • Nov 12
New 90-day high: ₹58.90 The company is up 37% from its price of ₹43.05 on 14 August 2020. The Indian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 8.0% over the same period. Announcement • Nov 07
Chandni Textiles Engineering Industries Limited to Report Q2, 2021 Results on Nov 13, 2020 Chandni Textiles Engineering Industries Limited announced that they will report Q2, 2021 results on Nov 13, 2020 Announcement • Oct 11
Chandni Textiles Engineering Industries Limited Announces Resignation of Khushboo Shah as Company Secretary and Compliance Officer Chandni Textiles Engineering Industries Limited announced resignation of Ms. Khushboo Shah, Company Secretary and Compliance Officer of the Company. Reported Earnings • Sep 18
First quarter earnings released Over the last 12 months the company has reported total losses of ₹222.6k, with earnings decreasing by ₹4.39m from the prior year. Total revenue was ₹104.2m over the last 12 months, down 8.6% from the prior year. Announcement • Sep 17
Chandni Textiles Engineering Industries Ltd to Report Q2, 2020 Results on Sep 15, 2020 Chandni Textiles Engineering Industries Ltd announced that they will report Q2, 2020 results on Sep 15, 2020 Announcement • Jul 25
Chandni Textiles Engineering Industries Ltd to Report Q4, 2020 Results on Jul 31, 2020 Chandni Textiles Engineering Industries Ltd announced that they will report Q4, 2020 results on Jul 31, 2020 