New Risk • Jun 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 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (70% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Market cap is less than US$100m (₹3.49b market cap, or US$36.4m). Valuation Update With 7 Day Price Move • Jun 03
Investor sentiment improves as stock rises 33% After last week's 33% share price gain to ₹1,808, the stock trades at a trailing P/E ratio of 25.5x. Average trailing P/E is 29x in the Electrical industry in India. Total returns to shareholders of 602% over the past three years. Reported Earnings • May 28
Full year 2026 earnings released: EPS: ₹76.73 (vs ₹10.21 in FY 2025) Full year 2026 results: EPS: ₹76.73 (up from ₹10.21 in FY 2025). Revenue: ₹1.07b (up 288% from FY 2025). Net income: ₹130.2m (up ₹114.9m from FY 2025). Profit margin: 12% (up from 5.5% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 121% per year but the company’s share price has only increased by 64% per year, which means it is significantly lagging earnings growth. Announcement • May 22
Cospower Engineering Limited to Report Second Half, 2026 Results on May 27, 2026 Cospower Engineering Limited announced that they will report second half, 2026 results on May 27, 2026 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 ₹1,030, the stock trades at a trailing P/E ratio of 53.3x. Average trailing P/E is 29x in the Electrical industry in India. Total returns to shareholders of 228% over the past three years. New Risk • Feb 10
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 22% This is considered a minor 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Shares are highly illiquid. High level of non-cash earnings (35% accrual ratio). Minor Risks Shareholders have been diluted in the past year (22% increase in shares outstanding). Market cap is less than US$100m (₹1.60b market cap, or US$17.6m). Announcement • Feb 09
Cospower Engineering Limited announced that it has received INR 160.38 million in funding On February 9, 2026, Cospower Engineering Limited closed the transaction. The transaction has been approved by the board of directors. Board Change • Jan 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. Additional Non-Executive Independent Director Atul Dharap was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹970, the stock trades at a trailing P/E ratio of 45.8x. Average trailing P/E is 34x in the Electrical industry in India. Total returns to shareholders of 560% over the past three years. New Risk • Nov 16
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 34% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (34% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Market cap is less than US$100m (₹1.40b market cap, or US$15.8m). Announcement • Nov 11
Cospower Engineering Limited to Report First Half, 2026 Results on Nov 14, 2025 Cospower Engineering Limited announced that they will report first half, 2026 results on Nov 14, 2025 Valuation Update With 7 Day Price Move • Sep 18
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹598, the stock trades at a trailing P/E ratio of 65.3x. Average trailing P/E is 39x in the Electrical industry in India. Total returns to shareholders of 274% over the past three years. Reported Earnings • Sep 10
Full year 2025 earnings released: EPS: ₹10.21 (vs ₹0.77 in FY 2024) Full year 2025 results: EPS: ₹10.21 (up from ₹0.77 in FY 2024). Revenue: ₹277.0m (up 24% from FY 2024). Net income: ₹15.3m (up ₹14.2m from FY 2024). Profit margin: 5.5% (up from 0.5% 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 70% per year but the company’s share price has only increased by 63% per year, which means it is significantly lagging earnings growth. Announcement • Sep 08
Cospower Engineering Limited, Annual General Meeting, Sep 30, 2025 Cospower Engineering Limited, Annual General Meeting, Sep 30, 2025, at 11:00 Indian Standard Time. Location: h. no. 940, s. no. 134/17a, pazar talao road chandrapada, vaki pada, juchandra, naigaon, 401208, India Announcement • Sep 03
Cospower Engineering Limited to Report Fiscal Year 2025 Results on Sep 08, 2025 Cospower Engineering Limited announced that they will report fiscal year 2025 results at 12:15 PM, Indian Standard Time on Sep 08, 2025 Valuation Update With 7 Day Price Move • Jul 28
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹695, the stock trades at a trailing P/E ratio of 75.9x. Average trailing P/E is 42x in the Electrical industry in India. Total returns to shareholders of 584% over the past three years. Reported Earnings • Jun 08
Full year 2025 earnings released: EPS: ₹34.35 (vs ₹0.77 in FY 2024) Full year 2025 results: EPS: ₹34.35 (up from ₹0.77 in FY 2024). Revenue: ₹840.3m (up 277% from FY 2024). Net income: ₹51.6m (up ₹50.4m from FY 2024). Profit margin: 6.1% (up from 0.5% in FY 2024). Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has only increased by 102% per year, which means it is significantly lagging earnings growth. Board Change • Jun 03
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 Ashley Correa was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • May 22
Cospower Engineering Limited to Report Second Half, 2025 Results on May 30, 2025 Cospower Engineering Limited announced that they will report second half, 2025 results on May 30, 2025 Board Change • May 08
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Non-Executive Independent Director Ashley Correa was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 23
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 Ashley Correa was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Mar 31
Cospower Engineering Limited announced that it has received INR 94.23 million in funding On March 29, 2025, Cospower Engineering Limited closed the transaction. The company issued 174,500 shares face value of INR 10 each at a price of INR 540 per share for gross proceeds INR 94,230,000. Valuation Update With 7 Day Price Move • Feb 11
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹656, the stock trades at a trailing P/E ratio of 63.2x. Average trailing P/E is 40x in the Electrical industry in India. Total returns to shareholders of 1,071% over the past three years. Board Change • Feb 03
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 Ashley Correa was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Dec 24
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 Interest payments are not well covered by earnings (1.8x net interest cover). Share price has been highly volatile over the past 3 months (9.1% average weekly change). Earnings have declined by 19% per year over the past 5 years. Market cap is less than US$10m (₹826.5m market cap, or US$9.71m). Minor Risks Large one-off items impacting financial results. Revenue is less than US$5m (₹223m revenue, or US$2.6m). Valuation Update With 7 Day Price Move • Nov 25
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹591, the stock trades at a trailing P/E ratio of 56.9x. Average trailing P/E is 47x in the Electrical industry in India. Total returns to shareholders of 737% over the past three years. New Risk • Nov 22
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 47% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.8x net interest cover). Earnings have declined by 19% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Large one-off items impacting financial results. Revenue is less than US$5m (₹223m revenue, or US$2.6m). Market cap is less than US$100m (₹981.5m market cap, or US$11.6m). Announcement • Oct 29
Cospower Engineering Limited to Report Q2, 2025 Results on Nov 14, 2024 Cospower Engineering Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Announcement • Sep 04
Cospower Engineering Limited, Annual General Meeting, Sep 30, 2024 Cospower Engineering Limited, Annual General Meeting, Sep 30, 2024. Announcement • Aug 31
Cospower Engineering Limited to Report Fiscal Year 2024 Results on Sep 04, 2024 Cospower Engineering Limited announced that they will report fiscal year 2024 results on Sep 04, 2024 New Risk • May 26
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.5x net interest cover). Shares are highly illiquid. Earnings have declined by 43% per year over the past 5 years. Market cap is less than US$10m (₹411.0m market cap, or US$4.95m). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Revenue is less than US$5m (₹174m revenue, or US$2.1m). Announcement • May 25
Cospower Engineering Limited to Report Q4, 2024 Results on May 30, 2024 Cospower Engineering Limited announced that they will report Q4, 2024 results on May 30, 2024 Announcement • Sep 08
Cospower Engineering Limited, Annual General Meeting, Sep 29, 2023 Cospower Engineering Limited, Annual General Meeting, Sep 29, 2023, at 11:00 Indian Standard Time. Location: H.No 940, S.No. 134/17A,Pazar Talao Road Chandrapada, Vaki Pada, Juchandra NAIGAON EAST NAIGAON THANE 401208 Thane Maharashtra India Agenda: To receive, consider and adopt the audited Standalone Financial Statements of the Company for the financial year ended March 31, 2023 and the Reports of the Directors and the Auditors thereon; to Appointment of Mr. Oswald Rosario Dsouza as a director liable to retire by rotation; and to consider other matters if any. Reported Earnings • Jun 07
Full year 2023 earnings released: EPS: ₹1.39 (vs ₹4.98 in FY 2022) Full year 2023 results: EPS: ₹1.39 (down from ₹4.98 in FY 2022). Revenue: ₹143.2m (up 18% from FY 2022). Net income: ₹2.08m (down 72% from FY 2022). Profit margin: 1.5% (down from 6.2% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 53% per year, which means it is well ahead of earnings. Announcement • May 19
Cospower Engineering Limited to Report Q4, 2023 Results on May 30, 2023 Cospower Engineering Limited announced that they will report Q4, 2023 results on May 30, 2023 Announcement • Dec 01
Cospower Engineering Limited Approves Regularization of Ashley Mathew Correa as Non-Executive Independent Director Cospower Engineering Limited approved the regularization of additional director Mr. Ashley Mathew Correa by appointing him as Non-Executive Independent Director, at the AGM held on November 30, 2022. Reported Earnings • Nov 23
First half 2023 earnings released: ₹4.00 loss per share (vs ₹1.00 profit in 1H 2022) First half 2023 results: ₹4.00 loss per share (down from ₹1.00 profit in 1H 2022). Revenue: ₹37.6m (down 39% from 1H 2022). Net loss: ₹6.00m (down 500% from profit in 1H 2022). Announcement • Nov 05
Cospower Engineering Limited to Report Fiscal Year 2022 Final Results on Nov 08, 2022 Cospower Engineering Limited announced that they will report fiscal year 2022 final results on Nov 08, 2022 Announcement • Sep 08
Cospower Engineering Limited, Annual General Meeting, Sep 29, 2022 Cospower Engineering Limited, Annual General Meeting, Sep 29, 2022, at 11:30 Indian Standard Time. Location: H.No 940, S.No. 134/17A, Pazar Talao Road Chandrapada Vaki Pada, Juchandra, Naigaon East Thane Thane Maharashtra India Agenda: To receive, consider and adopt the audited Standalone Financial Statements of the Company for the financial year ended March 31, 2022 and the Reports of the Directors and the Auditors thereon; to consider and appoint Mr. Felix Shridhar Kadam as a director liable to retire by rotation; and to consider regularization of Additional Director Mr. Ashley Mathew Correa DIN 09461989 by appointing him as Non-Executive Independent Director. Valuation Update With 7 Day Price Move • Sep 06
Investor sentiment improved over the past week After last week's 19% share price gain to ₹121, the stock trades at a trailing P/E ratio of 24.3x. Average trailing P/E is 22x in the Electrical industry in India. Valuation Update With 7 Day Price Move • Jun 09
Investor sentiment improved over the past week After last week's 19% share price gain to ₹74.00, the stock trades at a trailing P/E ratio of 14.9x. Average trailing P/E is 20x in the Electrical industry in India. Total returns to shareholders of 83% over the past year. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment improved over the past week After last week's 25% share price gain to ₹70.00, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 18x in the Electrical industry in India. Total returns to shareholders of 40% over the past year. Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment deteriorated over the past week After last week's 24% share price decline to ₹55.00, the stock trades at a trailing P/E ratio of 11x. Average trailing P/E is 22x in the Electrical industry in India. Total loss to shareholders of 20% over the past year. Board Change • Jan 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. Independent Director Edwin Eustaquio Do Cotta was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 10
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. 1 highly experienced director. MD & Whole Time Director Felix Kadam is the most experienced director on the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Valuation Update With 7 Day Price Move • Sep 21
Investor sentiment improved over the past week After last week's 44% share price gain to ₹61.90, the stock trades at a trailing P/E ratio of 16.1x. Average trailing P/E is 27x in the Electrical industry in India. Total returns to shareholders of 15% over the past year. Board Change • Sep 14
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. 1 highly experienced director. MD & Whole Time Director Felix Kadam is the most experienced director on the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Jul 01
Full year 2021 earnings released: EPS ₹4.88 (vs ₹5.37 in FY 2020) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: ₹121.2m (up 9.8% from FY 2020). Net income: ₹7.33m (down 9.0% from FY 2020). Profit margin: 6.0% (down from 7.3% in FY 2020). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • May 07
Investor sentiment improved over the past week After last week's 15% share price gain to ₹47.00, the stock trades at a trailing P/E ratio of 10.7x. Average trailing P/E is 19x in the Electrical industry in India. Total loss to shareholders of 29% over the past year. Is New 90 Day High Low • Feb 15
New 90-day low: ₹51.70 The company is down 6.0% from its price of ₹55.00 on 17 November 2020. The Indian market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 41% over the same period. Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment deteriorated over the past week After last week's 20% share price decline to ₹56.00, the stock is trading at a trailing P/E ratio of 12.8x, down from the previous P/E ratio of 16x. This compares to an average P/E of 22x in the Electrical industry in India. Is New 90 Day High Low • Jan 07
New 90-day high: ₹70.00 The company is up 21% from its price of ₹58.00 on 01 October 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electrical industry, which is up 39% over the same period. Valuation Update With 7 Day Price Move • Nov 24
Market bids up stock over the past week After last week's 18% share price gain to ₹65.00, the stock is trading at a trailing P/E ratio of 14.8x, up from the previous P/E ratio of 12.5x. This compares to an average P/E of 22x in the Electrical industry in India. Announcement • Nov 11
Cospower Engineering Limited Approves Appointment of Deepam Shah as Company Secretary & Compliance Officer Cospower Engineering Limited at the board meeting held on November 10, 2020 approved the appointment of Mr. Deepam Shah as the Company Secretary & Compliance officer. Announcement • Nov 03
Cospower Engineering Limited to Report First Half, 2021 Results on Nov 10, 2020 Cospower Engineering Limited announced that they will report first half, 2021 results on Nov 10, 2020 Announcement • Oct 31
Cospower Engineering Limited Announces Management Changes Cospower Engineering Limited at it's AGM held on October 30, 2020, considered and approved the change in the designation of Mr. Oswald D' souza from existing managing directors to whole time director & chairman of the company; and considered and approved the change in the designation of Mr. Felix Kadam from existing managing director to whole time director & chairman of the company. Reported Earnings • Oct 11
Full year earnings released - EPS ₹4.39 Over the last 12 months the company has reported total profits of ₹8.05m, up 52% from the prior year. Total revenue was ₹110.4m over the last 12 months, down 15% from the prior year. Profit margins were 7.3%, which is higher than the 4.1% margin from last year. The increase in margin was driven by lower expenses.