Reported Earnings • May 24
Full year 2026 earnings released: EPS: ₹7.72 (vs ₹8.58 in FY 2025) Full year 2026 results: EPS: ₹7.72 (down from ₹8.58 in FY 2025). Revenue: ₹3.49b (up 39% from FY 2025). Net income: ₹187.6m (down 9.7% from FY 2025). Profit margin: 5.4% (down from 8.3% in FY 2025). The decrease in margin was driven by higher expenses. New Risk • May 24
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. 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 (32% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (5.4% net profit margin). Market cap is less than US$100m (₹3.38b market cap, or US$35.3m). Announcement • May 13
Creative Graphics Solutions India Limited to Report Second Half, 2026 Results on May 21, 2026 Creative Graphics Solutions India Limited announced that they will report second half, 2026 results on May 21, 2026 Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹163, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 23x in the Machinery industry in India. Total returns to shareholders of 6.7% over the past year. New Risk • Nov 18
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 57% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (57% net debt to equity). Market cap is less than US$100m (₹5.20b market cap, or US$58.6m). Announcement • Nov 14
Creative Graphics Solutions India Limited to Report First Half, 2026 Results on Nov 14, 2025 Creative Graphics Solutions India Limited announced that they will report first half, 2026 results on Nov 14, 2025 Announcement • Aug 28
Creative Graphics Solutions India Limited, Annual General Meeting, Sep 26, 2025 Creative Graphics Solutions India Limited, Annual General Meeting, Sep 26, 2025, at 13:00 Indian Standard Time. New Risk • May 27
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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (76% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Share price has been volatile over the past 3 months (8.6% average weekly change). Market cap is less than US$100m (₹4.04b market cap, or US$47.3m). Valuation Update With 7 Day Price Move • May 15
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹163, the stock trades at a trailing P/E ratio of 31x. Average trailing P/E is 32x in the Machinery industry in India. Total loss to shareholders of 31% over the past year. Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹136, the stock trades at a trailing P/E ratio of 25.9x. Average trailing P/E is 30x in the Machinery industry in India. Total loss to shareholders of 19% over the past year. New Risk • Apr 09
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 9.9% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (9.9% average weekly change). High level of non-cash earnings (76% accrual ratio). Minor Risk Market cap is less than US$100m (₹3.29b market cap, or US$38.0m). Valuation Update With 7 Day Price Move • Feb 04
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹196, the stock trades at a trailing P/E ratio of 37.5x. Average trailing P/E is 35x in the Machinery industry in India. New Risk • Jan 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 8.9% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (8.9% average weekly change). High level of non-cash earnings (76% accrual ratio). Minor Risk Market cap is less than US$100m (₹4.54b market cap, or US$52.7m). Valuation Update With 7 Day Price Move • Dec 27
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹215, the stock trades at a trailing P/E ratio of 41x. Average trailing P/E is 38x in the Machinery industry in India. Valuation Update With 7 Day Price Move • Dec 09
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹207, the stock trades at a trailing P/E ratio of 39.4x. Average trailing P/E is 40x in the Machinery industry in India. New Risk • Nov 09
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 76% 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 (76% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Market cap is less than US$100m (₹4.58b market cap, or US$54.3m). Announcement • Aug 30
Creative Graphics Solutions India Limited, Annual General Meeting, Sep 27, 2024 Creative Graphics Solutions India Limited, Annual General Meeting, Sep 27, 2024, at 13:00 Indian Standard Time. Location: hyphen business hotel, c 45, sector- 62, noida supertech, buldg., industrial area, u.p- 201301., noida India Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹193, the stock trades at a trailing P/E ratio of 43.4x. Average trailing P/E is 38x in the Machinery industry in India. Valuation Update With 7 Day Price Move • Aug 06
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹151, the stock trades at a trailing P/E ratio of 34x. Average trailing P/E is 41x in the Machinery industry in India. Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹190, the stock trades at a trailing P/E ratio of 42.6x. Average trailing P/E is 37x in the Machinery industry in India. New Risk • Jun 09
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 6.6% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.6% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (15% average weekly change). Minor Risk Market cap is less than US$100m (₹3.82b market cap, or US$45.7m). Valuation Update With 7 Day Price Move • May 28
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹205, the stock trades at a trailing P/E ratio of 57.6x. Average trailing P/E is 41x in the Machinery industry in India. New Risk • May 20
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 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 Shares are highly illiquid. High level of non-cash earnings (67% accrual ratio). Minor Risks High level of debt (116% net debt to equity). Latest financial reports are more than 6 months old (reported March 2023 fiscal period end). Market cap is less than US$100m (₹6.15b market cap, or US$73.9m). Valuation Update With 7 Day Price Move • May 07
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹270, the stock trades at a trailing P/E ratio of 75.9x. Average trailing P/E is 40x in the Machinery industry in India. Board Change • Apr 09
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. Non-Executive Independent Director Nikhil Rungta was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.