Valuation Update With 7 Day Price Move • Jul 06
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹57.48, the stock trades at a trailing P/E ratio of 45.2x. Average trailing P/E is 30x in the Electrical industry in India. Total returns to shareholders of 48% over the past three years. Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹49.05, the stock trades at a trailing P/E ratio of 38.7x. Average trailing P/E is 30x in the Electrical industry in India. Total loss to shareholders of 30% over the past year. Reported Earnings • May 27
Full year 2026 earnings released: EPS: ₹1.25 (vs ₹0.87 in FY 2025) Full year 2026 results: EPS: ₹1.25 (up from ₹0.87 in FY 2025). Revenue: ₹421.9m (up 16% from FY 2025). Net income: ₹40.5m (up 47% from FY 2025). Profit margin: 9.6% (up from 7.6% in FY 2025). The increase in margin was driven by higher revenue. Announcement • May 19
Aartech Solonics Limited to Report Q4, 2026 Results on May 26, 2026 Aartech Solonics Limited announced that they will report Q4, 2026 results on May 26, 2026 Valuation Update With 7 Day Price Move • May 12
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹40.13, the stock trades at a trailing P/E ratio of 74.4x. Average trailing P/E is 30x in the Electrical industry in India. Total loss to shareholders of 31% over the past year. Board Change • Apr 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Non-Executive Independent Woman Director Supriya Chitre was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Mar 30
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 0.4% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.9% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.1% net profit margin). Revenue is less than US$5m (₹340m revenue, or US$3.6m). Market cap is less than US$100m (₹1.25b market cap, or US$13.3m). Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹39.50, the stock trades at a trailing P/E ratio of 72.4x. Average trailing P/E is 23x in the Electrical industry in India. Total loss to shareholders of 24% over the past year. New Risk • Mar 18
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.1% net profit margin). Revenue is less than US$5m (₹340m revenue, or US$3.7m). Market cap is less than US$100m (₹1.50b market cap, or US$16.1m). Reported Earnings • Feb 14
Third quarter 2026 earnings released: EPS: ₹0.18 (vs ₹0.58 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.18 (down from ₹0.58 in 3Q 2025). Revenue: ₹76.8m (down 22% from 3Q 2025). Net income: ₹6.03m (down 67% from 3Q 2025). Profit margin: 7.9% (down from 19% in 3Q 2025). Announcement • Feb 05
Aartech Solonics Limited to Report Q3, 2026 Results on Feb 12, 2026 Aartech Solonics Limited announced that they will report Q3, 2026 results on Feb 12, 2026 New Risk • Jan 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 6.8% 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 (29% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Revenue is less than US$5m (₹364m revenue, or US$4.0m). Market cap is less than US$100m (₹1.64b market cap, or US$18.1m). Valuation Update With 7 Day Price Move • Jan 08
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹54.87, the stock trades at a trailing P/E ratio of 58.5x. Average trailing P/E is 28x in the Electrical industry in India. Total loss to shareholders of 39% over the past year. Reported Earnings • Nov 16
Second quarter 2026 earnings released: EPS: ₹0.68 (vs ₹0.47 in 2Q 2025) Second quarter 2026 results: EPS: ₹0.68 (up from ₹0.47 in 2Q 2025). Revenue: ₹120.1m (up 28% from 2Q 2025). Net income: ₹21.6m (up 43% from 2Q 2025). Profit margin: 18% (up from 16% in 2Q 2025). Announcement • Nov 08
Aartech Solonics Limited to Report Q2, 2026 Results on Nov 14, 2025 Aartech Solonics Limited announced that they will report Q2, 2026 results at 12:15 PM, Indian Standard Time on Nov 14, 2025 Valuation Update With 7 Day Price Move • Oct 22
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹59.35, the stock trades at a trailing P/E ratio of 71.6x. Average trailing P/E is 37x in the Electrical industry in India. Total loss to shareholders of 4.8% over the past year. Declared Dividend • Sep 08
Dividend of ₹0.13 announced Shareholders will receive a dividend of ₹0.13. Ex-date: 23rd September 2025 Payment date: 30th October 2025 Dividend yield will be 0.2%, which is lower than the industry average of 0.4%. Sustainability & Growth Dividend is covered by earnings (9% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 56 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 37% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 16
First quarter 2026 earnings released: EPS: ₹0.20 (vs ₹0.33 in 1Q 2025) First quarter 2026 results: EPS: ₹0.20 (down from ₹0.33 in 1Q 2025). Revenue: ₹57.3m (down 13% from 1Q 2025). Net income: ₹9.64m (down 7.7% from 1Q 2025). Profit margin: 17% (up from 16% in 1Q 2025). New Risk • Jun 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Revenue is less than US$5m (₹364m revenue, or US$4.3m). Market cap is less than US$100m (₹2.35b market cap, or US$27.5m). Valuation Update With 7 Day Price Move • Jun 10
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹66.65, the stock trades at a trailing P/E ratio of 78.3x. Average trailing P/E is 41x in the Electrical industry in India. Total loss to shareholders of 1.8% over the past year. Reported Earnings • May 22
Full year 2025 earnings released: EPS: ₹0.87 (vs ₹0.41 in FY 2024) Full year 2025 results: EPS: ₹0.87 (up from ₹0.41 in FY 2024). Revenue: ₹393.3m (up 20% from FY 2024). Net income: ₹27.3m (up 108% from FY 2024). Profit margin: 6.9% (up from 4.0% in FY 2024). The increase in margin was driven by higher revenue. Announcement • May 14
Aartech Solonics Limited to Report Q4, 2025 Results on May 21, 2025 Aartech Solonics Limited announced that they will report Q4, 2025 results at 12:15 PM, Indian Standard Time on May 21, 2025 Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹63.30, the stock trades at a trailing P/E ratio of 49.6x. Average trailing P/E is 38x in the Electrical industry in India. Total loss to shareholders of 16% over the past year. Reported Earnings • Feb 13
Third quarter 2025 earnings released: EPS: ₹0.58 (vs ₹0.19 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.58 (up from ₹0.19 in 3Q 2024). Revenue: ₹104.1m (up 42% from 3Q 2024). Net income: ₹18.4m (up 207% from 3Q 2024). Profit margin: 18% (up from 8.2% in 3Q 2024). Announcement • Feb 05
Aartech Solonics Limited to Report Q3, 2025 Results on Feb 12, 2025 Aartech Solonics Limited announced that they will report Q3, 2025 results on Feb 12, 2025 Valuation Update With 7 Day Price Move • Jan 17
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹72.72, the stock trades at a trailing P/E ratio of 78.5x. Average trailing P/E is 47x in the Electrical industry in India. Total returns to shareholders of 57% over the past year. New Risk • Jan 14
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 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Large one-off items impacting financial results. Revenue is less than US$5m (₹333m revenue, or US$3.9m). Market cap is less than US$100m (₹2.47b market cap, or US$28.6m). Recent Insider Transactions • Dec 02
Chairman & MD recently bought ₹1.0m worth of stock On the 29th of November, Amit Raje bought around 13k shares on-market at roughly ₹80.90 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Amit's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹71.26, the stock trades at a trailing P/E ratio of 76.7x. Average trailing P/E is 45x in the Electrical industry in India. Total returns to shareholders of 49% over the past year. Reported Earnings • Nov 16
Second quarter 2025 earnings released: EPS: ₹0.47 (vs ₹0.11 in 2Q 2024) Second quarter 2025 results: EPS: ₹0.47 (up from ₹0.11 in 2Q 2024). Revenue: ₹103.8m (up 15% from 2Q 2024). Net income: ₹15.1m (up 316% from 2Q 2024). Profit margin: 15% (up from 4.0% in 2Q 2024). Announcement • Nov 09
Aartech Solonics Limited to Report Q2, 2025 Results on Nov 14, 2024 Aartech Solonics Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Announcement • Oct 01
Aartech Solonics Limited Approves Final Dividend for the Financial Year Ended March 31, 2024 Aartech Solonics Limited announced at annual general meeting held on September 30, 2024, the shareholders approved final dividend on equity shares at the rate 5% (i.e INR 0.25 per equity share of INR 5 each) for the financial year ended March 31, 2024. Declared Dividend • Sep 07
Dividend of ₹0.25 announced Shareholders will receive a dividend of ₹0.25. Ex-date: 23rd September 2024 Payment date: 30th October 2024 Dividend yield will be 0.3%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (28% earnings payout ratio) and cash flows (62% cash payout ratio). The dividend has increased by an average of 11% per year over the past 4 years and payments have been stable during that time. Earnings per share has grown by 20% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 16
First quarter 2025 earnings released: EPS: ₹0.98 (vs ₹0.23 in 1Q 2024) First quarter 2025 results: EPS: ₹0.98 (up from ₹0.23 in 1Q 2024). Revenue: ₹86.9m (up 36% from 1Q 2024). Net income: ₹10.4m (up 44% from 1Q 2024). Profit margin: 12% (in line with 1Q 2024). New Risk • Aug 08
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹749.8m (US$8.93m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₹749.8m market cap, or US$8.93m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (4.0% net profit margin). Revenue is less than US$5m (₹327m revenue, or US$3.9m). Announcement • Aug 05
Aartech Solonics Limited to Report Q1, 2025 Results on Aug 14, 2024 Aartech Solonics Limited announced that they will report Q1, 2025 results on Aug 14, 2024 Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: ₹1.24 (vs ₹1.76 in FY 2023) Full year 2024 results: EPS: ₹1.24 (down from ₹1.76 in FY 2023). Revenue: ₹358.9m (up 66% from FY 2023). Net income: ₹13.0m (down 30% from FY 2023). Profit margin: 3.6% (down from 8.6% in FY 2023). The decrease in margin was driven by higher expenses. Announcement • May 18
Aartech Solonics Limited to Report Q4, 2024 Results on May 30, 2024 Aartech Solonics Limited announced that they will report Q4, 2024 results on May 30, 2024 Valuation Update With 7 Day Price Move • Apr 18
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹206, the stock trades at a trailing P/E ratio of 75.5x. Average trailing P/E is 38x in the Electrical industry in India. Board Change • Apr 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Non-Executive Independent Director Kshitij Negi was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.