Reported Earnings • May 31
Full year 2026 earnings released Full year 2026 results: Net loss: ₹44.2m (down ₹44.9m from profit in FY 2025). Announcement • May 30
Patron Exim Limited Announces Resignation of Sumitkumar Jayantibhai Patel from Independent Director,Chairman of the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee, Effective June 1, 2026 Patron Exim Limited had announced that Mr. Sumitkumar Jayantibhai Patel (DIN:08206567), Non-Executive Independent Director of the Company, tendered his resignation from the position of Independent Director as well as from the position of Chairman of the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee, with effect from June 1, 2026, due to other professional commitments. Mr. Sumitkumar Jayantibhai Patel confirmed that there are no other material reasons for his resignation other than those stated above. Mr. Sumitkumar Jayantibhai Patel also holds directorships as Independent Director in Siddhi Costpin Limited (Membership in Audit Committee, Stakeholder Relationship Committee, Nomination & Remuneration Committee), Orbit Pharma Limited (Directorship – Independent Director), and SVS Ventures Limited (Membership in Audit Committee, Stakeholder Relationship Committee, Nomination & Remuneration Committee). Valuation Update With 7 Day Price Move • May 21
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹2.73, the stock trades at a trailing P/E ratio of 17.4x. Average trailing P/E is 22x in the Trade Distributors industry in India. Total loss to shareholders of 70% over the past three years. New Risk • May 19
New minor risk - Revenue size The company makes less than US$5m in revenue. Total revenue: ₹482m (US$5.0m) This is considered a minor risk. Companies with a small amount of revenue 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 (15% average weekly change). Earnings have declined by 20% per year over the past 5 years. Market cap is less than US$10m (₹59.8m market cap, or US$619.0k). Minor Risks Profit margins are more than 30% lower than last year (0.8% net profit margin). Revenue is less than US$5m (₹482m revenue, or US$5.0m). Announcement • May 06
Patron Exim Limited to Report Q4, 2026 Results on May 11, 2026 Patron Exim Limited announced that they will report Q4, 2026 results on May 11, 2026 Valuation Update With 7 Day Price Move • Apr 22
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹2.98, the stock trades at a trailing P/E ratio of 18.9x. Average trailing P/E is 22x in the Trade Distributors industry in India. Total loss to shareholders of 59% over the past three years. Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to ₹2.05, the stock trades at a trailing P/E ratio of 13x. Average trailing P/E is 20x in the Trade Distributors industry in India. Total loss to shareholders of 74% over the past three years. Valuation Update With 7 Day Price Move • Mar 20
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹1.78, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 19x in the Trade Distributors industry in India. Total loss to shareholders of 82% over the past three years. New Risk • Jan 23
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 9.5% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.5% average weekly change). Earnings have declined by 20% per year over the past 5 years. Market cap is less than US$10m (₹54.7m market cap, or US$595.7k). Minor Risk Profit margins are more than 30% lower than last year (0.8% net profit margin). Valuation Update With 7 Day Price Move • Jan 23
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to ₹2.36, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 23x in the Trade Distributors industry in India. Total loss to shareholders of 67% over the past year. 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 ₹3.45, the stock trades at a trailing P/E ratio of 21.9x. Average trailing P/E is 27x in the Trade Distributors industry in India. Total loss to shareholders of 57% over the past year. Valuation Update With 7 Day Price Move • Nov 20
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹3.25, the stock trades at a trailing P/E ratio of 20.7x. Average trailing P/E is 28x in the Trade Distributors industry in India. Total loss to shareholders of 56% over the past year. Reported Earnings • Nov 18
First half 2026 earnings released First half 2026 results: EPS: ₹0.01. Revenue: ₹237.6m (up ₹235.4m from 1H 2025). Net income: ₹149.0k (up ₹2.66m from 1H 2025). Profit margin: 0.1% (up from net loss in 1H 2025). The move to profitability was driven by higher revenue. New Risk • Nov 13
New major risk - Revenue and earnings growth Earnings have declined by 20% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 20% per year over the past 5 years. Market cap is less than US$10m (₹88.8m market cap, or US$1.00m). Minor Risk Profit margins are more than 30% lower than last year (0.8% net profit margin). Announcement • Nov 08
Patron Exim Limited to Report Q2, 2026 Results on Nov 12, 2025 Patron Exim Limited announced that they will report Q2, 2026 results on Nov 12, 2025 Reported Earnings • Sep 10
Full year 2025 earnings released: EPS: ₹0.031 (vs ₹0.29 in FY 2024) Full year 2025 results: EPS: ₹0.031 (down from ₹0.29 in FY 2024). Revenue: ₹246.8m (up 141% from FY 2024). Net income: ₹710.0k (down 89% from FY 2024). Profit margin: 0.3% (down from 6.5% in FY 2024). The decrease in margin was driven by higher expenses. Announcement • Sep 08
Patron Exim Limited, Annual General Meeting, Sep 27, 2025 Patron Exim Limited, Annual General Meeting, Sep 27, 2025, at 16:00 Indian Standard Time. New Risk • May 30
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: 0.3% Last year net profit margin: 6.5% 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 Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Market cap is less than US$10m (₹162.3m market cap, or US$1.90m). Minor Risks Profit margins are more than 30% lower than last year (0.3% net profit margin). Revenue is less than US$5m (₹247m revenue, or US$2.9m). Valuation Update With 7 Day Price Move • May 16
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹6.79, the stock trades at a trailing P/E ratio of 45.9x. Average trailing P/E is 27x in the Trade Distributors industry in India. Total loss to shareholders of 20% over the past year. Announcement • May 10
Patron Exim Limited to Report First Half, 2025 Results on May 19, 2025 Patron Exim Limited announced that they will report first half, 2025 results on May 19, 2025 Valuation Update With 7 Day Price Move • Mar 21
Investor sentiment improves as stock rises 33% After last week's 33% share price gain to ₹6.96, the stock trades at a trailing P/E ratio of 47.1x. Average trailing P/E is 27x in the Trade Distributors industry in India. Total loss to shareholders of 18% over the past year. Buy Or Sell Opportunity • Mar 19
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 39% to ₹4.93. The fair value is estimated to be ₹6.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 54% over the last year. Earnings per share has declined by 52%. New Risk • Dec 16
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 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (₹62m revenue, or US$732k). Market cap is less than US$10m (₹190.8m market cap, or US$2.25m). Minor Risk Share price has been volatile over the past 3 months (7.9% average weekly change). Buy Or Sell Opportunity • Dec 04
Now 25% overvalued Over the last 90 days, the stock has fallen 3.3% to ₹8.44. The fair value is estimated to be ₹6.75, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 54% over the last year. Earnings per share has declined by 52%. Announcement • Nov 27
Patron Exim Limited Announces Resignation of Payal Bhumishth Patel as Managing Director Patron Exim Limited announced that the Meeting Board of Directors of the Company held on November 27, 2024 has considered and approved the resignation of Ms. Payal Bhumishth Patel (DIN: 05300011) from the position of Managing Director of the Company w.e.f November 26, 2024 due to personal reasons and health issues. Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹7.45, the stock trades at a trailing P/E ratio of 50.4x. Average trailing P/E is 37x in the Trade Distributors industry in India. Total loss to shareholders of 17% over the past year. New Risk • Nov 16
New major risk - Revenue size The company makes less than US$1m in revenue. Total revenue: ₹62m (US$736k) This is considered a major risk. Companies with a small amount of revenue 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 Revenue is less than US$1m (₹62m revenue, or US$736k). Market cap is less than US$10m (₹206.1m market cap, or US$2.44m). Announcement • Nov 09
Patron Exim Limited to Report Q2, 2025 Results on Nov 14, 2024 Patron Exim Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Announcement • Sep 13
Patron Exim Limited, Annual General Meeting, Sep 30, 2024 Patron Exim Limited, Annual General Meeting, Sep 30, 2024, at 16:00 Indian Standard Time. Announcement • Aug 02
Patron Exim Limited Announces Resignation of Narendrakumar Gangaramdas Patel as Managing Director Patron Exim Limited at the meeting Board of Directors held on August 02, 2024 approved resignation of Mr. Narendrakumar Gangaramdas Patel from the position of Managing Director of the Company effective from August 02, 2024. Reason: Due to Pre-occupancy. Reported Earnings • May 30
Full year 2024 earnings released: EPS: ₹0.29 (vs ₹0.60 in FY 2023) Full year 2024 results: EPS: ₹0.29 (down from ₹0.60 in FY 2023). Revenue: ₹102.2m (down 46% from FY 2023). Net income: ₹6.66m (down 52% from FY 2023). Profit margin: 6.5% (down from 7.3% in FY 2023). The decrease in margin was driven by lower revenue. 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 Risk Market cap is less than US$10m (₹194.7m market cap, or US$2.34m). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Share price has been volatile over the past 3 months (8.4% average weekly change). Profit margins are more than 30% lower than last year (6.4% net profit margin). Revenue is less than US$5m (₹134m revenue, or US$1.6m). Announcement • May 18
Patron Exim Limited to Report Q4, 2024 Results on May 29, 2024 Patron Exim Limited announced that they will report Q4, 2024 results on May 29, 2024 Valuation Update With 7 Day Price Move • Apr 05
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹8.96, the stock trades at a trailing P/E ratio of 24.1x. Average trailing P/E is 32x in the Trade Distributors industry in India. Total returns to shareholders of 20% over the past year. Announcement • Jan 12
Patron Exim Limited Announces Resignation of Sonia Kakani as Company Secretary and Compliance Officer Patron Exim Limited announced that Mrs. Sonia Kakani - Company Secretary and Compliance Officer of the Company, has tendered her resignation vide letter dated January 11, 2024, due to personal reasons and she will be relieved from her duties effective end of business hours of January 11, 2024. Mrs. Sonia Kakani will also cease to be a Key Managerial Personnel under the provisions of Section 203 and other applicable provisions, if any, of the Companies Act, 2013 and Regulation 30(5) of the Listing Regulations for determining the materiality of any event or transaction for making the required disclosures to the Stock Exchange w.e.f. close of business hours of January 11, 2024. Valuation Update With 7 Day Price Move • Dec 29
Investor sentiment improves as stock rises 35% After last week's 35% share price gain to ₹11.50, the stock trades at a trailing P/E ratio of 30.9x. Average trailing P/E is 27x in the Trade Distributors industry in India. Announcement • Oct 30
Patron Exim Limited to Report Q2, 2024 Results on Nov 04, 2023 Patron Exim Limited announced that they will report Q2, 2024 results on Nov 04, 2023 New Risk • Oct 19
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 Risks High level of non-cash earnings (139% accrual ratio). Market cap is less than US$10m (₹231.8m market cap, or US$2.78m). Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Profit margins are more than 30% lower than last year (7.3% net profit margin). Revenue is less than US$5m (₹189m revenue, or US$2.3m). Announcement • Sep 07
Patron Exim Limited, Annual General Meeting, Sep 30, 2023 Patron Exim Limited, Annual General Meeting, Sep 30, 2023. Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹11.23, the stock trades at a trailing P/E ratio of 18.8x. Average trailing P/E is 28x in the Trade Distributors industry in India. Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹12.17, the stock trades at a trailing P/E ratio of 20.4x. Average trailing P/E is 28x in the Trade Distributors industry in India. Reported Earnings • Jun 04
Full year 2023 earnings released: EPS: ₹0.60 (vs ₹1.62 in FY 2022) Full year 2023 results: EPS: ₹0.60. Revenue: ₹188.9m (up 277% from FY 2022). Net income: ₹13.8m (up 67% from FY 2022). Profit margin: 7.3% (down from 17% in FY 2022). The decrease in margin was driven by higher expenses. Announcement • May 31
Patron Exim Limited Announces Resignation of Sushilabahen Narendrakumar Patel Non-Executive Non-Independent Director Patron Exim Limited announced that Mrs. Sushilabahen Narendrakumar Patel, Non-Executive Non-Independent Director of the Company, has resigned from the post of Non-Executive Non-Independent Director with effect from end of business hours on May 30, 2023 and Board had noted and approved the same, at its board meeting held on May 30, 2023. Valuation Update With 7 Day Price Move • May 22
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹9.54, the stock trades at a trailing P/E ratio of 26.6x. Average trailing P/E is 26x in the Trade Distributors industry in India. Valuation Update With 7 Day Price Move • Mar 21
Investor sentiment deteriorates as stock falls 31% After last week's 31% share price decline to ₹15.10, the stock trades at a trailing P/E ratio of 42.1x. Average trailing P/E is 21x in the Trade Distributors industry in India. Board Change • Mar 06
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. No highly experienced directors. Non-Executive & Non-Independent Director Sushilabahen Patel is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.