Valuation Update With 7 Day Price Move • May 12
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹40.56, the stock trades at a trailing P/E ratio of 74.4x. Average trailing P/E is 30x in the Electrical industry in India. Total returns to shareholders of 76% over the past three years. Board Change • Apr 01
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. 3 experienced directors. 3 highly experienced directors. Non-Executive Independent Woman Director Supriya Chitre was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Mar 30
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 0.4% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.0% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.1% net profit margin). Revenue is less than US$5m (₹340m revenue, or US$3.6m). Market cap is less than US$100m (₹1.25b market cap, or US$13.3m). Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹39.47, the stock trades at a trailing P/E ratio of 72.4x. Average trailing P/E is 23x in the Electrical industry in India. Total returns to shareholders of 78% over the past three years. New Risk • Mar 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 7.7% 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 Share price has been volatile over the past 3 months (7.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.1% net profit margin). Revenue is less than US$5m (₹340m revenue, or US$3.6m). Market cap is less than US$100m (₹1.50b market cap, or US$16.0m). Reported Earnings • Feb 14
Third quarter 2026 earnings released: EPS: ₹0.18 (vs ₹0.58 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.18 (down from ₹0.58 in 3Q 2025). Revenue: ₹76.8m (down 22% from 3Q 2025). Net income: ₹6.03m (down 67% from 3Q 2025). Profit margin: 7.9% (down from 19% in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 05
Aartech Solonics Limited to Report Q3, 2026 Results on Feb 12, 2026 Aartech Solonics Limited announced that they will report Q3, 2026 results on Feb 12, 2026 Valuation Update With 7 Day Price Move • Jan 08
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹54.69, the stock trades at a trailing P/E ratio of 58.5x. Average trailing P/E is 28x in the Electrical industry in India. Total returns to shareholders of 96% over the past three years. Reported Earnings • Nov 16
Second quarter 2026 earnings released: EPS: ₹0.68 (vs ₹0.47 in 2Q 2025) Second quarter 2026 results: EPS: ₹0.68 (up from ₹0.47 in 2Q 2025). Revenue: ₹120.1m (up 28% from 2Q 2025). Net income: ₹21.6m (up 43% from 2Q 2025). Profit margin: 18% (up from 16% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 13% 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 • Nov 08
Aartech Solonics Limited to Report Q2, 2026 Results on Nov 14, 2025 Aartech Solonics Limited announced that they will report Q2, 2026 results at 12:15 PM, Indian Standard Time on Nov 14, 2025 Valuation Update With 7 Day Price Move • Oct 22
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹59.70, the stock trades at a trailing P/E ratio of 71.6x. Average trailing P/E is 37x in the Electrical industry in India. Total returns to shareholders of 316% over the past three years. Declared Dividend • Sep 08
Dividend of ₹0.13 announced Shareholders will receive a dividend of ₹0.13. Ex-date: 23rd September 2025 Payment date: 30th October 2025 Dividend yield will be 0.2%, which is lower than the industry average of 0.4%. Sustainability & Growth Dividend is covered by earnings (9% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 56 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 37% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 16
First quarter 2026 earnings released: EPS: ₹0.20 (vs ₹0.33 in 1Q 2025) First quarter 2026 results: EPS: ₹0.20 (down from ₹0.33 in 1Q 2025). Revenue: ₹57.3m (down 13% from 1Q 2025). Net income: ₹9.64m (down 7.7% from 1Q 2025). Profit margin: 17% (up from 16% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 77% per year, which means it is well ahead of earnings. New Risk • Jun 12
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 8.0% 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 High level of non-cash earnings (21% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Revenue is less than US$5m (₹364m revenue, or US$4.3m). Market cap is less than US$100m (₹2.35b market cap, or US$27.5m). Valuation Update With 7 Day Price Move • Jun 10
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹67.30, the stock trades at a trailing P/E ratio of 78.3x. Average trailing P/E is 41x in the Electrical industry in India. Total returns to shareholders of 982% over the past three years. Reported Earnings • May 22
Full year 2025 earnings released: EPS: ₹0.87 (vs ₹0.41 in FY 2024) Full year 2025 results: EPS: ₹0.87 (up from ₹0.41 in FY 2024). Revenue: ₹393.3m (up 20% from FY 2024). Net income: ₹27.3m (up 108% from FY 2024). Profit margin: 6.9% (up from 4.0% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 74% per year, which means it is well ahead of earnings. Announcement • May 14
Aartech Solonics Limited to Report Q4, 2025 Results on May 21, 2025 Aartech Solonics Limited announced that they will report Q4, 2025 results at 12:15 PM, Indian Standard Time on May 21, 2025 Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹61.84, the stock trades at a trailing P/E ratio of 49x. Average trailing P/E is 38x in the Electrical industry in India. Total loss to shareholders of 9.7% over the past year. Reported Earnings • Feb 13
Third quarter 2025 earnings released: EPS: ₹0.58 (vs ₹0.19 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.58 (up from ₹0.19 in 3Q 2024). Revenue: ₹104.1m (up 42% from 3Q 2024). Net income: ₹18.4m (up 207% from 3Q 2024). Profit margin: 18% (up from 8.2% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 63% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 05
Aartech Solonics Limited to Report Q3, 2025 Results on Feb 12, 2025 Aartech Solonics Limited announced that they will report Q3, 2025 results on Feb 12, 2025 New Risk • Jan 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Large one-off items impacting financial results. Revenue is less than US$5m (₹333m revenue, or US$3.9m). Market cap is less than US$100m (₹2.20b market cap, or US$25.5m). Valuation Update With 7 Day Price Move • Jan 17
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹72.90, the stock trades at a trailing P/E ratio of 78.5x. Average trailing P/E is 47x in the Electrical industry in India. Total returns to shareholders of 58% over the past year. Recent Insider Transactions • Dec 02
Chairman & MD recently bought ₹1.0m worth of stock On the 29th of November, Amit Raje bought around 13k shares on-market at roughly ₹80.90 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 Amit's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹71.23, the stock trades at a trailing P/E ratio of 76.7x. Average trailing P/E is 45x in the Electrical industry in India. Total returns to shareholders of 363% over the past three years. Reported Earnings • Nov 16
Second quarter 2025 earnings released: EPS: ₹0.47 (vs ₹0.11 in 2Q 2024) Second quarter 2025 results: EPS: ₹0.47 (up from ₹0.11 in 2Q 2024). Revenue: ₹103.8m (up 15% from 2Q 2024). Net income: ₹15.1m (up 316% from 2Q 2024). Profit margin: 15% (up from 4.0% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 09
Aartech Solonics Limited to Report Q2, 2025 Results on Nov 14, 2024 Aartech Solonics Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Announcement • Oct 01
Aartech Solonics Limited Approves Final Dividend for the Financial Year Ended March 31, 2024 Aartech Solonics Limited announced at annual general meeting held on September 30, 2024, the shareholders approved final dividend on equity shares at the rate 5% (i.e INR 0.25 per equity share of INR 5 each) for the financial year ended March 31, 2024. Declared Dividend • Sep 07
Dividend of ₹0.25 announced Shareholders will receive a dividend of ₹0.25. Ex-date: 23rd September 2024 Payment date: 30th October 2024 Dividend yield will be 0.3%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (28% earnings payout ratio) and cash flows (62% cash payout ratio). The dividend has increased by an average of 11% per year over the past 4 years and payments have been stable during that time. Earnings per share has grown by 20% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 16
First quarter 2025 earnings released: EPS: ₹0.98 (vs ₹0.23 in 1Q 2024) First quarter 2025 results: EPS: ₹0.98 (up from ₹0.23 in 1Q 2024). Revenue: ₹86.9m (up 36% from 1Q 2024). Net income: ₹10.4m (up 44% from 1Q 2024). Profit margin: 12% (in line with 1Q 2024). 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 109% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Aug 08
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹749.8m (US$8.93m) 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 Risk Market cap is less than US$10m (₹749.8m market cap, or US$8.93m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (4.0% net profit margin). Revenue is less than US$5m (₹327m revenue, or US$3.9m). Announcement • Aug 05
Aartech Solonics Limited to Report Q1, 2025 Results on Aug 14, 2024 Aartech Solonics Limited announced that they will report Q1, 2025 results on Aug 14, 2024 Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: ₹1.24 (vs ₹1.76 in FY 2023) Full year 2024 results: EPS: ₹1.24 (down from ₹1.76 in FY 2023). Revenue: ₹358.9m (up 66% from FY 2023). Net income: ₹13.0m (down 30% from FY 2023). Profit margin: 3.6% (down from 8.6% in FY 2023). The decrease in margin was driven by higher expenses. 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 97% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 18
Aartech Solonics Limited to Report Q4, 2024 Results on May 30, 2024 Aartech Solonics Limited announced that they will report Q4, 2024 results on May 30, 2024 Valuation Update With 7 Day Price Move • Apr 18
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹206, the stock trades at a trailing P/E ratio of 75.5x. Average trailing P/E is 38x in the Electrical industry in India. Total returns to shareholders of 752% over the past three years. Board Change • Mar 01
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. 4 experienced directors. 2 highly experienced directors. Non-Executive Independent Director Kshitij Negi was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to ₹176, the stock trades at a trailing P/E ratio of 64.3x. Average trailing P/E is 40x in the Electrical industry in India. Total returns to shareholders of 625% over the past three years. Reported Earnings • Feb 14
Third quarter 2024 earnings released: EPS: ₹0.56 (vs ₹0.90 in 3Q 2023) Third quarter 2024 results: EPS: ₹0.56 (down from ₹0.90 in 3Q 2023). Revenue: ₹73.4m (up 88% from 3Q 2023). Net income: ₹5.99m (down 37% from 3Q 2023). Profit margin: 8.2% (down from 24% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has increased by 78% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 06
Aartech Solonics Limited to Report Q3, 2024 Results on Feb 12, 2024 Aartech Solonics Limited announced that they will report Q3, 2024 results on Feb 12, 2024 Upcoming Dividend • Sep 15
Upcoming dividend of ₹0.50 per share at 0.3% yield Eligible shareholders must have bought the stock before 22 September 2023. Payment date: 30 October 2023. Payout ratio is a comfortable 28% but the company is not cash flow positive. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.3%). In line with average of industry peers (0.4%). Announcement • Sep 07
Aartech Solonics Limited, Annual General Meeting, Sep 30, 2023 Aartech Solonics Limited, Annual General Meeting, Sep 30, 2023, at 12:00 Indian Standard Time. Location: E-2/57, Ashirwad, Arera Colony Bhopal Madhya Pradesh India Agenda: To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2023, together with the Report of the Board of Directors and Auditors' thereon; to declare final dividend on equity shares at the rate 5% for the financial year ended 31 March, 2023; to appoint a director in place of Mr. Anil Anant Raje, who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and, being eligible, offers himself for re-appointment; and to consider any other matters. Valuation Update With 7 Day Price Move • Aug 21
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹152, the stock trades at a trailing P/E ratio of 55.2x. Average trailing P/E is 30x in the Electrical industry in India. Total returns to shareholders of 356% over the past year. Reported Earnings • Aug 16
First quarter 2024 earnings released: EPS: ₹0.69 (vs ₹0.04 in 1Q 2023) First quarter 2024 results: EPS: ₹0.69 (up from ₹0.04 in 1Q 2023). Revenue: ₹71.8m (up 99% from 1Q 2023). Net income: ₹7.27m (up ₹6.82m from 1Q 2023). Profit margin: 10% (up from 1.2% in 1Q 2023). The increase in margin was driven by higher revenue. Announcement • Aug 03
Aartech Solonics Limited to Report Q1, 2024 Results on Aug 14, 2023 Aartech Solonics Limited announced that they will report Q1, 2024 results on Aug 14, 2023 Valuation Update With 7 Day Price Move • Jul 11
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to ₹129, the stock trades at a trailing P/E ratio of 73.6x. Average trailing P/E is 29x in the Electrical industry in India. Total returns to shareholders of 498% over the past year. Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to ₹95.29, the stock trades at a trailing P/E ratio of 54.3x. Average trailing P/E is 27x in the Electrical industry in India. Total returns to shareholders of 434% over the past year. Valuation Update With 7 Day Price Move • Jun 12
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹76.00, the stock trades at a trailing P/E ratio of 43.3x. Average trailing P/E is 25x in the Electrical industry in India. Total returns to shareholders of 236% over the past three years. Reported Earnings • May 13
Full year 2023 earnings released: EPS: ₹1.82 (vs ₹2.59 in FY 2022) Full year 2023 results: EPS: ₹1.82 (down from ₹2.59 in FY 2022). Revenue: ₹235.6m (up 44% from FY 2022). Net income: ₹18.6m (down 34% from FY 2022). Profit margin: 7.9% (down from 17% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth. Announcement • May 12
Aartech Solonics Limited Recommends Dividend for the Financial Year 2022-23 Aartech Solonics Limited informed that the Board of Directors (Board) of the company at its Meeting held on May 11, 2023 Considered and recommended the dividend of INR 0.50 per equity shares (i.e., 5%) face value of INR 10 each for the financial year 2022-23. The dividend, if approved by the members at the ensuing Annual General Meeting, be paid within the period of 30 days from the date of declaration at the Annual General Meeting. Valuation Update With 7 Day Price Move • May 08
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹74.38, the stock trades at a trailing P/E ratio of 19.5x. Average trailing P/E is 22x in the Electrical industry in India. Total returns to shareholders of 228% over the past three years. Valuation Update With 7 Day Price Move • Feb 14
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹66.05, the stock trades at a trailing P/E ratio of 17.3x. Average trailing P/E is 22x in the Electrical industry in India. Total returns to shareholders of 199% over the past three years. Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment improved over the past week After last week's 26% share price gain to ₹80.30, the stock trades at a trailing P/E ratio of 21.1x. Average trailing P/E is 24x in the Electrical industry in India. Total returns to shareholders of 245% over the past three years. Recent Insider Transactions • Jan 08
Chairman & MD recently bought ₹1.9m worth of stock On the 5th of January, Amit Raje bought around 32k shares on-market at roughly ₹58.10 per share. This transaction amounted to 2.1% 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 Amit's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Dec 30
Investor sentiment improved over the past week After last week's 18% share price gain to ₹64.00, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 22x in the Electrical industry in India. Total returns to shareholders of 171% over the past three years. Board Change • Nov 16
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. Non-Executive Independent Director Kshitij Negi was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Nov 05
Aartech Solonics Limited to Report First Half, 2023 Results on Nov 12, 2022 Aartech Solonics Limited announced that they will report first half, 2023 results on Nov 12, 2022 Valuation Update With 7 Day Price Move • Nov 04
Investor sentiment improved over the past week After last week's 16% share price gain to ₹50.20, the stock trades at a trailing P/E ratio of 19x. Average trailing P/E is 24x in the Electrical industry in India. Total returns to shareholders of 128% over the past three years. 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 ₹37.60, the stock trades at a trailing P/E ratio of 14.2x. Average trailing P/E is 24x in the Electrical industry in India. Total returns to shareholders of 70% over the past three years. Valuation Update With 7 Day Price Move • Oct 03
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹31.80, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 23x in the Electrical industry in India. Total returns to shareholders of 37% over the past three years. Board Change • Sep 20
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. Non-Executive Independent Director Kshitij Negi was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Sep 10
Aartech Solonics Limited Approves Dividend for the Financial Year Ended 31 March 2022 Aartech Solonics Limited approved to declare final dividend on equity shares at the rate 5% for the financial year ended March 31, 2022. Upcoming Dividend • Aug 28
Upcoming dividend of ₹0.50 per share Eligible shareholders must have bought the stock before 01 September 2022. Payment date: 09 October 2022. Trailing yield: 1.4%. Lower than top quartile of Indian dividend payers (1.6%). Higher than average of industry peers (0.6%). Announcement • Aug 25
Aartech Solonics Limited Recommends Dividend for the Financial Year 2021-22 Aartech Solonics Limited held its board meeting on May 12, 2022, the board considered and recommended the dividend of INR 0.50 per equity shares (i.e., 5%) of INR 10 each for the financial year 2021-22. The dividend, if approved by the members at the upcoming Annual General Meeting, be paid within the period of 30 days from the date of declaration at the Annual General Meeting. Upcoming Dividend • Aug 23
Upcoming dividend of ₹0.05 per share Eligible shareholders must have bought the stock before 30 August 2022. Payment date: 09 October 2022. Trailing yield: 1.5%. Lower than top quartile of Indian dividend payers (1.7%). Higher than average of industry peers (0.6%). Announcement • Aug 17
Aartech Solonics Limited, Annual General Meeting, Sep 09, 2022 Aartech Solonics Limited, Annual General Meeting, Sep 09, 2022, at 16:00 Indian Standard Time. Location: E-2/57, Ashirvad, Arera Colony, Bhopal, Madhya Pradesh, 462016 Bhopal Madhya Pradesh India Agenda: To discuss the Audited Financial Statements of the Company for the financial year ended March 31, 2022, together with the Report of the Board of Directors and Auditors' thereon; to discuss the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2022, together with the Report of the Auditors thereon; to declare the dividend; and to discuss other matters. Valuation Update With 7 Day Price Move • Jul 29
Investor sentiment improved over the past week After last week's 16% share price gain to ₹27.80, the stock trades at a trailing P/E ratio of 10.5x. Average trailing P/E is 21x in the Electrical industry in India. Total returns to shareholders of 28% over the past three years. Valuation Update With 7 Day Price Move • Jul 13
Investor sentiment improved over the past week After last week's 15% share price gain to ₹22.95, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 21x in the Electrical industry in India. Total loss to shareholders of 1.5% over the past three years. Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment deteriorated over the past week After last week's 24% share price decline to ₹21.00, the stock trades at a trailing P/E ratio of 7.9x. Average trailing P/E is 20x in the Electrical industry in India. Total loss to shareholders of 8.6% over the past three years. Board Change • May 26
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. Non-Executive Independent Director Kshitij Negi was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • May 14
Aartech Solonics Limited Recommends Dividend for the Financial Year 2021-22 Aartech Solonics Limited at its board meeting held on May 12,2022 . Considered and recommended the dividend of INR 0.05 per equity shares (i.e., 5%) face value of INR 10/- each for the financial year 2021-22. The dividend, if approved by the members at the upcoming Annual General Meeting, be paid within the period of 30 days from the date of declaration at the Annual General Meeting. Announcement • May 05
Aartech Solonics Limited to Report Second Half, 2022 Results on May 12, 2022 Aartech Solonics Limited announced that they will report second half, 2022 results on May 12, 2022 Board Change • Apr 28
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. Non-Executive Independent Director Kshitij Negi was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 15
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. Non-Executive Independent Director Kshitij Negi was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 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. Non-Executive Independent Director Kshitij Negi was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Oct 28
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. Non-Executive Independent Director Kshitij Negi was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Aug 30
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 Kshitii Negi was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jul 27
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 Kshitii Negi was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Jun 21
Full year 2021 earnings released: EPS ₹0.36 (vs ₹0.27 loss in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹109.6m (up 8.5% from FY 2020). Net income: ₹2.58m (up ₹4.53m from FY 2020). Profit margin: 2.4% (up from net loss in FY 2020). Announcement • Feb 09
Aartech Solonics Limited Approves Board Changes Aartech Solonics Limited announced that at its Board of Directors meeting held on February 08, 2021, considered and approved appointment of Mr. Kshitij Negi as the Independent Director of the Company and note of resignation of Mr. Ravindra Kumar Shinqwekar from the post of Independent Director of the Company. Announcement • Feb 02
Aartech Solonics Limited to Report Q3, 2021 Results on Feb 08, 2021 Aartech Solonics Limited announced that they will report Q3, 2021 results on Feb 08, 2021 Is New 90 Day High Low • Jan 15
New 90-day low: ₹33.50 The company is down 1.0% from its price of ₹34.00 on 15 October 2020. The Indian market is up 26% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 45% over the same period. Announcement • Nov 11
Aartech Solonics Limited to Report Q2, 2021 Results on Nov 13, 2020 Aartech Solonics Limited announced that they will report Q2, 2021 results on Nov 13, 2020