Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹16.66, the stock trades at a trailing P/E ratio of 44.3x. Average trailing P/E is 24x in the Electrical industry in India. Total returns to shareholders of 3.5% over the past three years. Buy Or Sell Opportunity • Apr 01
Now 29% overvalued Over the last 90 days, the stock has fallen 22% to ₹15.71. The fair value is estimated to be ₹12.20, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable. Announcement • Feb 17
Artemis Electricals and Projects Limited Announces Board and Committee Changes, Effective February 3, 2026 Artemis Electricals and Projects Limited announced that Mr. Deepak Kumar (Non-Executive Non-Independent Director) has been re-designated as Chairperson of the Company in place of Krishnakumar Laxman Bangera (Non-Executive Independent Director), who has ceased to be a Director of the Company. The Board of Directors, based on recommendation of the Nomination and Remuneration Committee, appointed Mr. Deepak Kumar as Chairperson of the Company in place of Krishnakumar Laxman Bangera, who has ceased to be a Director. In view of the above changes in Board of Directors of the Company, the Board has also reconstituted the following committees with effect from February 3, 2026: Audit Committee, Nomination and Remuneration Committee, Stakeholders Relationship Committee, and Corporate Social Responsibility Committee. The Audit Committee comprises Mr. Dharmendra Kumar Jain (Chairperson, Non-Executive Independent Director), Ms. Priyanka Yadav (Member, Non-Executive Independent Director), and Mr. Sachin Anant Nivalkar (Member, Non-Executive Non-Independent Director). The Nomination and Remuneration Committee comprises Ms. Priyanka Yadav (Chairperson, Non-Executive Independent Director), Mr. Saideep Shantaram Bagale (Member, Non-Executive Non-Independent Director), and Mr. Dharmendra Kumar Jain (Member, Non-Executive Independent Director). The Stakeholders Relationship Committee comprises Mr. Saideep Shantaram Bagale (Chairperson, Non-Executive Non-Independent Director), Mr. Shivkumar Chhangur Singh (Member, Executive Director), and Mr. Dharmendra Kumar Jain (Member, Non-Executive Independent Director). The Corporate Social Responsibility Committee comprises Mr. Deepak Kumar (Chairperson, Non-Executive Non-Independent Director), Mr. Shivkumar Chhangur Singh (Member, Whole time Director), and Mr. Dharmendra Kumar Jain (Member, Non-Executive Independent Director). Reported Earnings • Feb 14
Third quarter 2026 earnings released: EPS: ₹0.03 (vs ₹0.11 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.03 (down from ₹0.11 in 3Q 2025). Revenue: ₹43.1m (down 77% from 3Q 2025). Net income: ₹8.37m (down 68% from 3Q 2025). Profit margin: 19% (up from 14% in 3Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 31
Artemis Electricals and Projects Limited to Report Q3, 2026 Results on Feb 03, 2026 Artemis Electricals and Projects Limited announced that they will report Q3, 2026 results on Feb 03, 2026 Reported Earnings • Nov 13
Second quarter 2026 earnings released: EPS: ₹0.14 (vs ₹0.03 in 2Q 2025) Second quarter 2026 results: EPS: ₹0.14 (up from ₹0.03 in 2Q 2025). Revenue: ₹161.4m (up 302% from 2Q 2025). Net income: ₹35.4m (up 375% from 2Q 2025). Profit margin: 22% (up from 19% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 08
Artemis Electricals and Projects Limited to Report Q2, 2026 Results on Nov 12, 2025 Artemis Electricals and Projects Limited announced that they will report Q2, 2026 results at 12:15 PM, Indian Standard Time on Nov 12, 2025 Announcement • Sep 08
Artemis Electricals and Projects Limited, Annual General Meeting, Sep 27, 2025 Artemis Electricals and Projects Limited, Annual General Meeting, Sep 27, 2025, at 13:30 Indian Standard Time. Reported Earnings • Aug 16
First quarter 2026 earnings released: EPS: ₹0.05 (vs ₹0.01 in 1Q 2025) First quarter 2026 results: EPS: ₹0.05 (up from ₹0.01 in 1Q 2025). Revenue: ₹197.5m (up 60% from 1Q 2025). Net income: ₹13.1m (up 276% from 1Q 2025). Profit margin: 6.6% (up from 2.8% 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 71% per year whereas the company’s share price has increased by 74% per year. Announcement • Aug 12
Artemis Electricals and Projects Limited to Report Q1, 2026 Results on Aug 14, 2025 Artemis Electricals and Projects Limited announced that they will report Q1, 2026 results on Aug 14, 2025 Buy Or Sell Opportunity • Jul 22
Now 21% undervalued Over the last 90 days, the stock has risen 24% to ₹25.05. The fair value is estimated to be ₹31.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Jul 04
Now 21% undervalued Over the last 90 days, the stock has risen 34% to ₹25.24. The fair value is estimated to be ₹31.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company has become profitable. New Risk • May 29
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: Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Market cap is less than US$100m (₹6.31b market cap, or US$73.8m). Reported Earnings • May 29
Full year 2025 earnings released: EPS: ₹0.30 (vs ₹0.15 in FY 2024) Full year 2025 results: EPS: ₹0.30 (up from ₹0.15 in FY 2024). Revenue: ₹729.3m (up 76% from FY 2024). Net income: ₹75.6m (up 94% from FY 2024). Profit margin: 10% (up from 9.4% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 71% per year, which means it is significantly lagging earnings growth. Announcement • May 22
Artemis Electricals and Projects Limited to Report Q2, 2025 Results on May 28, 2025 Artemis Electricals and Projects Limited announced that they will report Q2, 2025 results on May 28, 2025 Reported Earnings • Feb 11
Third quarter 2025 earnings released: EPS: ₹0.10 (vs ₹0.05 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.10 (up from ₹0.05 in 3Q 2024). Revenue: ₹184.5m (up 32% from 3Q 2024). Net income: ₹26.2m (up 92% from 3Q 2024). Profit margin: 14% (up from 9.8% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 63% per year, which means it is significantly lagging earnings growth. Announcement • Feb 07
Artemis Electricals and Projects Limited Declares Interim Dividend for the Financial Year Ending on March 31, 2025, Payable on or Before March 7, 2025 Artemis Electricals and Projects Limited announced at the board meeting held on February 5, 2025, Declared Interim Dividend of INR 0.005/- per equity share of par value INR 1/- each for the financial year ending on March 31, 2025, to the Members of the Company as on February 17, 2025, being the Record Date. The payment of Interim Dividend will be made on or before March 7, 2025. Announcement • Feb 04
Artemis Electricals and Projects Limited to Report Q3, 2025 Results on Feb 07, 2025 Artemis Electricals and Projects Limited announced that they will report Q3, 2025 results on Feb 07, 2025 Reported Earnings • Nov 20
Second quarter 2025 earnings released: EPS: ₹0.03 (vs ₹0.05 in 2Q 2024) Second quarter 2025 results: EPS: ₹0.03 (down from ₹0.05 in 2Q 2024). Revenue: ₹41.0m (down 70% from 2Q 2024). Net income: ₹7.46m (down 43% from 2Q 2024). Profit margin: 18% (up from 9.7% 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 77% per year and the company’s share price has also increased by 77% per year. Announcement • Nov 09
Artemis Electricals and Projects Limited to Report Q2, 2025 Results on Nov 14, 2024 Artemis Electricals and Projects Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Announcement • Sep 06
Artemis Electricals and Projects Limited, Annual General Meeting, Sep 27, 2024 Artemis Electricals and Projects Limited, Annual General Meeting, Sep 27, 2024, at 10:00 Indian Standard Time. New Risk • Aug 19
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 8.5% Last year net profit margin: 15% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 14% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (8.5% net profit margin). Market cap is less than US$100m (₹7.36b market cap, or US$87.7m). Announcement • Jul 21
Artemis Electricals and Projects Limited to Report Q4, 2024 Results on Jul 20, 2024 Artemis Electricals and Projects Limited announced that they will report Q4, 2024 results at 9:15 AM, Indian Standard Time on Jul 20, 2024 Reported Earnings • Jul 21
Full year 2024 earnings released: EPS: ₹0.16 (vs ₹0.25 in FY 2023) Full year 2024 results: EPS: ₹0.16 (down from ₹0.25 in FY 2023). Revenue: ₹414.8m (down 29% from FY 2023). Net income: ₹39.0m (down 38% from FY 2023). Profit margin: 9.4% (down from 11% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has increased by 88% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 26
Artemis Electricals and Projects Limited to Report Q4, 2024 Results on May 30, 2024 Artemis Electricals and Projects Limited announced that they will report Q4, 2024 results on May 30, 2024 Valuation Update With 7 Day Price Move • May 14
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹36.52, the stock trades at a trailing P/E ratio of 75.2x. Average trailing P/E is 45x in the Electrical industry in India. Total returns to shareholders of 735% over the past three years. New Risk • May 03
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹8.31b (US$99.7m) This is considered a minor 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 Earnings have declined by 22% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₹8.31b market cap, or US$99.7m). Valuation Update With 7 Day Price Move • Mar 28
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹35.45, the stock trades at a trailing P/E ratio of 73x. Average trailing P/E is 36x in the Electrical industry in India. Total returns to shareholders of 745% over the past three years. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹30.40, the stock trades at a trailing P/E ratio of 62.6x. Average trailing P/E is 33x in the Electrical industry in India. Total returns to shareholders of 568% over the past three years. New Risk • Mar 13
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹7.98b (US$96.3m) This is considered a minor 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 (9.9% average weekly change). Earnings have declined by 22% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₹7.98b market cap, or US$96.3m). Reported Earnings • Feb 17
Third quarter 2024 earnings released: EPS: ₹0.05 (vs ₹0.094 in 3Q 2023) Third quarter 2024 results: EPS: ₹0.05 (down from ₹0.094 in 3Q 2023). Revenue: ₹139.7m (down 33% from 3Q 2023). Net income: ₹13.7m (down 42% from 3Q 2023). Profit margin: 9.8% (down from 11% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has increased by 105% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹41.43, the stock trades at a trailing P/E ratio of 78.9x. Average trailing P/E is 41x in the Electrical industry in India. Total returns to shareholders of 682% over the past three years. Announcement • Jan 24
Artemis Electricals and Projects Limited to Report Q3, 2024 Results on Jan 29, 2024 Artemis Electricals and Projects Limited announced that they will report Q3, 2024 results on Jan 29, 2024 Valuation Update With 7 Day Price Move • Dec 04
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹28.75, the stock trades at a trailing P/E ratio of 54.8x. Average trailing P/E is 35x in the Electrical industry in India. Total returns to shareholders of 422% over the past three years. New Risk • Nov 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 7.4% 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 Earnings have declined by 34% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (₹6.12b market cap, or US$73.5m). Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹21.10, the stock trades at a trailing P/E ratio of 40.2x. Average trailing P/E is 37x in the Electrical industry in India. Total returns to shareholders of 272% over the past three years. Reported Earnings • Oct 18
Second quarter 2024 earnings released: EPS: ₹0.05 (vs ₹0.076 loss in 2Q 2023) Second quarter 2024 results: EPS: ₹0.05 (up from ₹0.076 loss in 2Q 2023). Revenue: ₹135.7m (up ₹120.4m from 2Q 2023). Net income: ₹13.2m (up ₹32.2m from 2Q 2023). Profit margin: 9.7% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. 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 42% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 12
Artemis Electricals and Projects Limited to Report Q2, 2024 Results on Oct 17, 2023 Artemis Electricals and Projects Limited announced that they will report Q2, 2024 results on Oct 17, 2023 Valuation Update With 7 Day Price Move • Sep 21
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹17.75, the stock trades at a trailing P/E ratio of 44.7x. Average trailing P/E is 37x in the Electrical industry in India. Total returns to shareholders of 159% over the past three years. Announcement • Sep 09
Artemis Electricals and Projects Limited, Annual General Meeting, Sep 30, 2023 Artemis Electricals and Projects Limited, Annual General Meeting, Sep 30, 2023, at 09:00 Indian Standard Time. Location: Artemis Complex, Gala no. 105 & 108 National Express Highway, Vasai (East) Thane 401208 Vasai India Agenda: To consider and approve the Standalone and Consolidated Financial Statements of the Company, for the year ended March 31, 2023 Auditors' Report thereon; to consider and approve the appointment of a director in place of Mr. Saideep Shantaram Bagale Non-Executive Director of the Company, who retires by rotation and being eligible, offers himself for re-appointment; and to consider other matters. Reported Earnings • Aug 15
First quarter 2024 earnings released: EPS: ₹0.03 (vs ₹0.12 loss in 1Q 2023) First quarter 2024 results: EPS: ₹0.03 (up from ₹0.12 loss in 1Q 2023). Revenue: ₹113.6m (up 129% from 1Q 2023). Net income: ₹6.34m (up ₹36.9m from 1Q 2023). Profit margin: 5.6% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings. Announcement • Aug 09
Artemis Electricals and Projects Limited to Report Q1, 2024 Results on Aug 14, 2023 Artemis Electricals and Projects Limited announced that they will report Q1, 2024 results on Aug 14, 2023 Valuation Update With 7 Day Price Move • Aug 04
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹17.20, the stock trades at a trailing P/E ratio of 68.8x. Average trailing P/E is 31x in the Electrical industry in India. Total returns to shareholders of 82% over the past three years. Reported Earnings • Jul 14
Full year 2023 earnings released: EPS: ₹2.50 (vs ₹0.48 loss in FY 2022) Full year 2023 results: EPS: ₹2.50 (up from ₹0.48 loss in FY 2022). Revenue: ₹582.2m (up 70% from FY 2022). Net income: ₹62.8m (up ₹183.0m from FY 2022). Profit margin: 11% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% 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 • Jun 08
Artemis Electricals and Projects Limited Announces Board Changes Artemis Electricals and Projects Limited approved on Board of Directors Meeting conducted on 7th June, 2023, has inducted Mr. Sachin Anant Nivalkar as an Additional Director (Non-Executive) on the Board of the Company. Further, the resignation of Mr. Pravin Kumar Brijendra Kumar Agarwal was accepted during the same meeting, and his resignation was executed with immediate effect i.e. 7th June, 2023. Mr. Sachin possesses a solid foundation in administration, management, and operations. With over a decade of experience in the industry, he has garnered extensive expertise while working in corporate offices, skillfully handling administrative tasks and effectively managing various operations. His impressive track record showcases his capacity to assume leadership roles and make valuable contributions to multiple business ventures through his directorship in diverse companies. Reported Earnings • Jan 17
Third quarter 2023 earnings released: EPS: ₹0.94 (vs ₹3.03 loss in 3Q 2022) Third quarter 2023 results: EPS: ₹0.94 (up from ₹3.03 loss in 3Q 2022). Revenue: ₹207.5m (up 315% from 3Q 2022). Net income: ₹23.5m (up ₹99.6m from 3Q 2022). Profit margin: 11% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 104 percentage points per year, which is a significant difference in performance. Announcement • Jan 11
Artemis Electricals and Projects Limited to Report Q3, 2023 Results on Jan 16, 2023 Artemis Electricals and Projects Limited announced that they will report Q3, 2023 results on Jan 16, 2023 Reported Earnings • Nov 20
Second quarter 2023 earnings released: ₹0.76 loss per share (vs ₹0.31 loss in 2Q 2022) Second quarter 2023 results: ₹0.76 loss per share (further deteriorated from ₹0.31 loss in 2Q 2022). Revenue: ₹15.3m (down 90% from 2Q 2022). Net loss: ₹19.0m (loss widened 143% from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance. Announcement • Sep 09
Artemis Electricals and Projects Limited, Annual General Meeting, Sep 30, 2022 Artemis Electricals and Projects Limited, Annual General Meeting, Sep 30, 2022, at 09:00 Indian Standard Time. Location: Artemis Complex, Gala no. 105 & 108, National Express Highway, Vasai (East) Thane 401208 Thane India Agenda: To receive, consider and adopt the Audited Financial Statements of the Company, for the year ended March 31 2022 together with the Boards Report and Auditors' Report thereon; to appoint a director in place of Mr. Pravin Kumar Brijendra Kumar Agarwal time Director of the Company, who retires by rotation and being eligible, offers himself for re-appointment; to consider the sub-division of ordinary (equity) shares of the company; and to consider the alteration of memorandum of association of the company. Reported Earnings • Aug 18
First quarter 2023 earnings released: ₹1.22 loss per share (vs ₹0.05 profit in 1Q 2022) First quarter 2023 results: ₹1.22 loss per share (down from ₹0.05 profit in 1Q 2022). Revenue: ₹49.6m (up 107% from 1Q 2022). Net loss: ₹30.5m (down ₹31.9m from profit in 1Q 2022). 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. Reported Earnings • Jun 01
Full year 2022 earnings released: ₹4.79 loss per share (vs ₹0.065 profit in FY 2021) Full year 2022 results: ₹4.79 loss per share (down from ₹0.065 profit in FY 2021). Revenue: ₹343.3m (down 24% from FY 2021). Net loss: ₹120.2m (down ₹121.8m from profit in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance. Announcement • May 31
Artemis Electricals and Projects Limited Approves Resignation of Richa Sharma, Independent Director Artemis Electricals and Projects Limited at the board of directors meeting held on May 30, 2022 approved Mrs. Richa Sharma, Independent director has resigned from the board of directors. Reported Earnings • Feb 15
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: ₹3.03 loss per share (down from ₹0.099 loss in 3Q 2021). Revenue: ₹50.0m (down 19% from 3Q 2021). Net loss: ₹76.0m (loss widened ₹73.5m from 3Q 2021). Revenue was in line with analyst estimates. Announcement • Feb 08
Artemis Electricals and Projects Limited to Report Q3, 2022 Results on Feb 13, 2022 Artemis Electricals and Projects Limited announced that they will report Q3, 2022 results on Feb 13, 2022 Board Change • Nov 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Executive Independent Director Deepak Kumar was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Oct 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Executive Independent Director Deepak Kumar was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 09
Full year 2021 earnings released: EPS ₹0.07 (vs ₹5.40 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹449.5m (down 58% from FY 2020). Net income: ₹1.62m (down 99% from FY 2020). Profit margin: 0.4% (down from 12% in FY 2020). The decrease in margin was driven by lower revenue. Valuation Update With 7 Day Price Move • May 12
Investor sentiment improved over the past week After last week's 19% share price gain to ₹45.30, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 21x in the Electrical industry in India. Total loss to shareholders of 61% over the past year. Executive Departure • Apr 10
Non-Executive Director has left the company On the 2nd of April, Ramniranjan Bhutra's tenure as Non-Executive Director ended after 3.2 years in the role. As of December 2020, Ramniranjan personally held 885.19k shares (₹49m worth at the time). Ramniranjan is the only executive to leave the company over the last 12 months. Announcement • Feb 11
Artemis Electricals Limited to Report Q3, 2021 Results on Feb 14, 2021 Artemis Electricals Limited announced that they will report Q3, 2021 results on Feb 14, 2021 Is New 90 Day High Low • Feb 04
New 90-day low: ₹53.25 The company is down 3.0% from its price of ₹55.05 on 05 November 2020. The Indian market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 39% over the same period. Valuation Update With 7 Day Price Move • Jan 11
Investor sentiment improved over the past week After last week's 20% share price gain to ₹66.60, the stock is trading at a trailing P/E ratio of 25.3x, up from the previous P/E ratio of 21.1x. This compares to an average P/E of 23x in the Electrical industry in India. Total return to shareholders over the past year is a loss of 53%. Announcement • Dec 10
Artemis Electricals Limited, Annual General Meeting, Dec 30, 2020 Artemis Electricals Limited, Annual General Meeting, Dec 30, 2020, at 09:00 Indian Standard Time. Location: Artemis Complex, Gala no. 105 & 108 National Express Highway, Vasai (East) Thane Thane India Agenda: To receive, consider and adopt the Audited Financial Statements of the Company, for the year ended March 31, 2020 together with the Boards' Report and Auditors' Report thereon; to appoint a Director in place of Mr. Ramniranjan Bhutra Non- Executive Director of the Company, who retires by rotation and being eligible, offers himself for re-appointment; to consider remuneration of cost auditor for fiscal year 2020-21; to consider appointment of Ms. Priyanka Yadav as an independent director; to reappoint Mr. Krishnakumar Laxman Bangera as an independent director of the company for a second term of five years; and to consider any other matters. Announcement • Nov 21
Artemis Electricals Limited announced a financing transaction Artemis Electricals Limited (BSE:542670) announced a private placement of 400,000 common shares on November 19, 2020. The transaction will include participation from promoter of the company. The company will issue securities through preferential allotment method. The company obtained the approval from the board of directors of the company and subject to approval from the shareholders of the company. Reported Earnings • Oct 31
First quarter earnings released Over the last 12 months the company has reported total profits of ₹116.7m, up 23% from the prior year. Total revenue was ₹1.00b over the last 12 months, up 3.5% from the prior year. Is New 90 Day High Low • Oct 28
New 90-day low: ₹53.00 The company is down 47% from its price of ₹99.10 on 30 July 2020. The Indian market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 10.0% over the same period. Valuation Update With 7 Day Price Move • Oct 28
Market pulls back on stock over the past week After last week's 18% share price decline to ₹53.00, the stock is trading at a trailing P/E ratio of 9.8x, down from the previous P/E ratio of 12x. This compares to an average P/E of 16x in the Electrical industry in India. Total return to shareholders over the past year is a loss of 64%. Valuation Update With 7 Day Price Move • Oct 23
Market pulls back on stock over the past week After last week's 23% share price decline to ₹54.55, the stock is trading at a trailing P/E ratio of 10.1x, down from the previous P/E ratio of 13.1x. This compares to an average P/E of 15x in the Electrical industry in India. Total return to shareholders over the past year is a loss of 64%. Is New 90 Day High Low • Oct 09
New 90-day low: ₹66.55 The company is down 33% from its price of ₹99.50 on 10 July 2020. The Indian market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 1.0% over the same period. Reported Earnings • Sep 24
Full year earnings released - EPS ₹5.40 Over the last 12 months the company has reported total profits of ₹129.4m, up 27% from the prior year. Total revenue was ₹1.09b over the last 12 months, up 7.0% from the prior year. Profit margins were 12%, which is higher than the 10.0% margin from last year. The increase in margin was driven by higher revenue.