Valuation Update With 7 Day Price Move • Jun 24
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹1.05, the stock trades at a trailing P/E ratio of 56.8x. Average trailing P/E is 25x in the Trade Distributors industry in India. Total loss to shareholders of 49% over the past three years. Announcement • May 22
AA Plus Tradelink Limited to Report Q4, 2026 Results on May 29, 2026 AA Plus Tradelink Limited announced that they will report Q4, 2026 results on May 29, 2026 Board Change • Dec 31
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. 2 experienced directors. 1 highly experienced director. Independent Director Nilam Soni 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. Board Change • Nov 27
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. 2 experienced directors. 1 highly experienced director. Independent Director Nilam Soni 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 • Nov 08
Investor sentiment improves as stock rises 30% After last week's 30% share price gain to ₹1.47, the stock trades at a trailing P/E ratio of 37.7x. Average trailing P/E is 32x in the Trade Distributors industry in India. Total returns to shareholders of 115% over the past three years. Announcement • Nov 08
AA Plus Tradelink Limited to Report Q2, 2026 Results on Nov 14, 2025 AA Plus Tradelink Limited announced that they will report Q2, 2026 results on Nov 14, 2025 Valuation Update With 7 Day Price Move • Oct 24
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹1.11, the stock trades at a trailing P/E ratio of 28.5x. Average trailing P/E is 32x in the Trade Distributors industry in India. Total returns to shareholders of 42% over the past three years. Reported Earnings • Sep 06
Full year 2025 earnings released: EPS: ₹0.39 (vs ₹0.63 in FY 2024) Full year 2025 results: EPS: ₹0.39. Revenue: ₹200.3m (flat on FY 2024). Net income: ₹9.48m (up 85% from FY 2024). Profit margin: 4.7% (up from 2.6% in FY 2024). Announcement • Sep 03
AA Plus Tradelink Limited, Annual General Meeting, Sep 26, 2025 AA Plus Tradelink Limited, Annual General Meeting, Sep 26, 2025, at 12:00 Indian Standard Time. Board Change • Sep 02
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. 2 experienced directors. 1 highly experienced director. Independent Director Nilam Soni 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. New Risk • Jun 01
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. 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 Shares are highly illiquid. High level of non-cash earnings (99% accrual ratio). Market cap is less than US$10m (₹182.4m market cap, or US$2.13m). Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Revenue is less than US$5m (₹245m revenue, or US$2.9m). Announcement • May 23
AA Plus Tradelink Limited to Report Q4, 2025 Results on May 29, 2025 AA Plus Tradelink Limited announced that they will report Q4, 2025 results on May 29, 2025 Board Change • May 19
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. 1 highly experienced director. Independent Director Nilam Soni 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. Board Change • Apr 17
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. 1 highly experienced director. Independent Director Nilam Soni 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. Announcement • Apr 07
AA Plus Tradelink Limited Announces Resignation of Rajkumar Mahendra Singh as Managing Director, Effective 4 April, 2025 AA Plus Tradelink Limited announced that. Mr. Rajkumar Mahendra Singh has tendered his resignation from the post of Managing Director of the Company with effect from close of business hours on 4 April, 2025, due to pre-occupation with other matters. Mr. Rajkumar Mahendra as confirmed that there are no material reasons for his resignation other than those mentioned in his resignation letter. Announcement • Apr 04
AA Plus Tradelink Limited Announces Resignation of Rakesh Kothari as Company Secretary & Compliance Officer, Effective April 1, 2025 AA Plus Tradelink Limited announced the resignation of Mr. Rakesh Kothari from his position as Company Secretary & Compliance Officer, effective from the close of business hours on April 1, 2025. Mr. Kothari resigned due to personal and professional aspirations. Board Change • Mar 24
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. 1 highly experienced director. Independent Director Nilam Soni 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. Board Change • Feb 05
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. 1 highly experienced director. Independent Director Nilam Soni 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. Recent Insider Transactions • Dec 19
Director recently sold ₹216k worth of stock On the 17th of December, Rajkumar Singh sold around 16k shares on-market at roughly ₹13.50 per share. This transaction amounted to 91% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹2.9m. Insiders have been net sellers, collectively disposing of ₹7.4m more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Dec 10
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹13.75, the stock trades at a trailing P/E ratio of 64.9x. Average trailing P/E is 40x in the Trade Distributors industry in India. Total returns to shareholders of 44% over the past three years. Recent Insider Transactions • Dec 05
Director recently sold ₹2.2m worth of stock On the 4th of December, Rajkumar Singh sold around 184k shares on-market at roughly ₹11.85 per share. This transaction amounted to 60% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹2.9m. Insiders have been net sellers, collectively disposing of ₹7.1m more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Nov 25
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹12.56, the stock trades at a trailing P/E ratio of 59.3x. Average trailing P/E is 36x in the Trade Distributors industry in India. Total returns to shareholders of 32% over the past three years. Recent Insider Transactions • Nov 21
Director recently sold ₹2.9m worth of stock On the 19th of November, Rajkumar Singh sold around 200k shares on-market at roughly ₹14.35 per share. This transaction amounted to 28% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹5.0m more than they bought in the last 12 months. New Risk • Nov 15
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 99% 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 Shares are highly illiquid. High level of non-cash earnings (99% accrual ratio). Shareholders have been substantially diluted in the past year (198% increase in shares outstanding). Market cap is less than US$10m (₹360.5m market cap, or US$4.27m). Minor Risk Revenue is less than US$5m (₹245m revenue, or US$2.9m). Announcement • Nov 09
AA Plus Tradelink Limited to Report Q2, 2025 Results on Nov 13, 2024 AA Plus Tradelink Limited announced that they will report Q2, 2025 results on Nov 13, 2024 Recent Insider Transactions • Sep 21
Director recently sold ₹2.1m worth of stock On the 19th of September, Rajkumar Singh sold around 96k shares on-market at roughly ₹21.71 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Board Change • Sep 16
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. 1 highly experienced director. Independent Director Nilam Soni 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. Announcement • Sep 04
AA Plus Tradelink Limited, Annual General Meeting, Sep 28, 2024 AA Plus Tradelink Limited, Annual General Meeting, Sep 28, 2024, at 12:00 Indian Standard Time. Location: b/702 divine jalpa, gomati bhuvan, near jain temp le, jambli gali, borivali (west), mumbai-400092., mumbai India Board Change • Sep 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. 1 highly experienced director. Independent Director Nilam Soni 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. Announcement • Jul 31
AA Plus Tradelink Limited Announces the Resignation of Purnima Badola as Company Secretary and Compliance Officer AA Plus Tradelink Limited announced the resignation of Purnima Badola as Company Secretary and Compliance Officer of the company on July 31, 2024. Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: ₹1.00 (vs ₹0.25 in FY 2023) Full year 2024 results: EPS: ₹1.00 (up from ₹0.25 in FY 2023). Revenue: ₹209.0m (up 22% from FY 2023). Net income: ₹5.10m (up 148% from FY 2023). Profit margin: 2.4% (up from 1.2% in FY 2023). The increase in margin was driven by higher revenue. New Risk • May 28
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 198% 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 Share price has been highly volatile over the past 3 months (16% average weekly change). Shareholders have been substantially diluted in the past year (198% increase in shares outstanding). Market cap is less than US$10m (₹478.7m market cap, or US$5.76m). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Revenue is less than US$5m (₹171m revenue, or US$2.1m). Valuation Update With 7 Day Price Move • May 27
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹19.68, the stock trades at a trailing P/E ratio of 44x. Average trailing P/E is 35x in the Trade Distributors industry in India. Total returns to shareholders of 47% over the past year. Announcement • May 23
AA Plus Tradelink Limited to Report Q4, 2024 Results on May 30, 2024 AA Plus Tradelink Limited announced that they will report Q4, 2024 results on May 30, 2024 New Risk • May 22
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 Share price has been highly volatile over the past 3 months (16% average weekly change). Market cap is less than US$10m (₹140.4m market cap, or US$1.69m). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Revenue is less than US$5m (₹171m revenue, or US$2.1m). Valuation Update With 7 Day Price Move • Apr 23
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹13.77, the stock trades at a trailing P/E ratio of 30.8x. Average trailing P/E is 33x in the Trade Distributors industry in India. Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to ₹11.52, the stock trades at a trailing P/E ratio of 25.7x. Average trailing P/E is 32x in the Trade Distributors industry in India. Total returns to shareholders of 83% over the past year. Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹9.87, the stock trades at a trailing P/E ratio of 22.1x. Average trailing P/E is 30x in the Trade Distributors industry in India. Total returns to shareholders of 114% over the past year. New Risk • Mar 05
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Market cap is less than US$10m (₹81.5m market cap, or US$983.0k). Minor Risk Revenue is less than US$5m (₹171m revenue, or US$2.1m). Valuation Update With 7 Day Price Move • Mar 05
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹9.98, the stock trades at a trailing P/E ratio of 22.3x. Average trailing P/E is 30x in the Trade Distributors industry in India. Total returns to shareholders of 84% over the past year. Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹8.29, the stock trades at a trailing P/E ratio of 18.5x. Average trailing P/E is 35x in the Trade Distributors industry in India. Total returns to shareholders of 51% over the past year. Announcement • Dec 07
AA Plus Tradelink Limited has filed a Follow-on Equity Offering in the amount of INR 320 million. AA Plus Tradelink Limited has filed a Follow-on Equity Offering in the amount of INR 320 million.
Security Name: Equity Shares
Security Type: Common Stock
Transaction Features: Regulation S; Rights Offering Announcement • Oct 29
AA Plus Tradelink Limited to Report First Half, 2024 Results on Nov 04, 2023 AA Plus Tradelink Limited announced that they will report first half, 2024 results on Nov 04, 2023 Reported Earnings • Sep 26
Full year 2023 earnings released: EPS: ₹0.25 (vs ₹0.23 in FY 2022) Full year 2023 results: EPS: ₹0.25 (up from ₹0.23 in FY 2022). Revenue: ₹171.7m (up 49% from FY 2022). Net income: ₹2.05m (up 11% from FY 2022). Profit margin: 1.2% (down from 1.6% in FY 2022). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Sep 19
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹12.54, the stock trades at a trailing P/E ratio of 48.8x. Average trailing P/E is 22x in the Trade Distributors industry in India. Total returns to shareholders of 126% over the past year. Announcement • Sep 09
AA Plus Tradelink Limited, Annual General Meeting, Sep 30, 2023 AA Plus Tradelink Limited, Annual General Meeting, Sep 30, 2023, at 16:00 Indian Standard Time. Agenda: To receive consider and adopt the audited financial statement of the company for the financial year ended March 31, 2023 together with the report of the Board of Directors and the Auditors thereof; to re-appoint Mr. Ashok Amrutlal Shah, who retires by rotation in this General Meeting and being eligible has offered himself for reappointment as director of company; and to receive, consider and adopt other miscellaneous matters as required. Valuation Update With 7 Day Price Move • Jul 12
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹14.78, the stock trades at a trailing P/E ratio of 57.5x. Average trailing P/E is 28x in the Trade Distributors industry in India. Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹17.67, the stock trades at a trailing P/E ratio of 68.7x. Average trailing P/E is 28x in the Trade Distributors industry in India. Total returns to shareholders of 167% over the past year. Reported Earnings • May 30
Full year 2023 earnings released Full year 2023 results: Revenue: ₹171.7m (up 61% from FY 2022). Net income: ₹2.10m (up 13% from FY 2022). Profit margin: 1.2% (down from 1.7% in FY 2022). The decrease in margin was driven by higher expenses. Announcement • May 25
AA Plus Tradelink Limited to Report First Half, 2023 Results on May 28, 2023 AA Plus Tradelink Limited announced that they will report first half, 2023 results on May 28, 2023 Valuation Update With 7 Day Price Move • May 24
Investor sentiment improves as stock rises 73% After last week's 73% share price gain to ₹8.11, the stock trades at a trailing P/E ratio of 28.2x. Average trailing P/E is 26x in the Trade Distributors industry in India. Total returns to shareholders of 23% over the past year. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹4.12, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 20x in the Trade Distributors industry in India. Total loss to shareholders of 46% over the past year. Announcement • Nov 06
AA Plus Tradelink Limited to Report Q2, 2023 Results on Nov 12, 2022 AA Plus Tradelink Limited announced that they will report Q2, 2023 results on Nov 12, 2022 Valuation Update With 7 Day Price Move • Oct 21
Investor sentiment improved over the past week After last week's 16% share price gain to ₹6.08, the stock trades at a trailing P/E ratio of 26.7x. Average trailing P/E is 23x in the Trade Distributors industry in India. Total loss to shareholders of 24% over the past year. Valuation Update With 7 Day Price Move • Oct 05
Investor sentiment improved over the past week After last week's 19% share price gain to ₹5.74, the stock trades at a trailing P/E ratio of 25.2x. Average trailing P/E is 27x in the Trade Distributors industry in India. Total loss to shareholders of 28% over the past year. Announcement • Sep 14
AA Plus Tradelink Limited, Annual General Meeting, Sep 30, 2022 AA Plus Tradelink Limited, Annual General Meeting, Sep 30, 2022, at 11:00 Indian Standard Time. Agenda: To consider and approve the Audited Balance Sheet of the Company as at 31 March 2022, Statement of Profit & Loss Account and Cash Flow Statement for the year ended on that date together with the Auditors' and Directors' report thereon; to consider and approve the re-appointment of Mr. Ashok Amrutlal Shah, who retires by rotation in this Annual General Meeting and being eligible has offered himself for reappointment as director of company; and to consider other matters. Executive Departure • Aug 26
Independent Director Hetal Varia has left the company On the 21st of August, Hetal Varia's tenure as Independent Director ended after 1.6 years in the role. We don't have any record of a personal shareholding under Hetal's name. Hetal is the only executive to leave the company over the last 12 months. Board Change • Aug 26
High number of new directors Independent Director Nilam Soni was the last director to join the board, commencing their role in 2021. 
