Reported Earnings • May 18
Full year 2026 earnings released: EPS: ₹12.15 (vs ₹13.70 in FY 2025) Full year 2026 results: EPS: ₹12.15. Revenue: ₹1.94b (up 14% from FY 2025). Net income: ₹130.3m (up 18% from FY 2025). Profit margin: 6.7% (up from 6.5% in FY 2025). The increase in margin was driven by higher revenue. Announcement • May 12
Sonu Infratech Limited to Report Q4, 2026 Results on May 15, 2026 Sonu Infratech Limited announced that they will report Q4, 2026 results on May 15, 2026 Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹46.80, the stock trades at a trailing P/E ratio of 3.5x. Average trailing P/E is 15x in the Construction industry in India. Total loss to shareholders of 6.1% over the past three years. Valuation Update With 7 Day Price Move • Mar 24
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹41.65, the stock trades at a trailing P/E ratio of 3.1x. Average trailing P/E is 14x in the Construction industry in India. Total loss to shareholders of 10% over the past three years. Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹60.20, the stock trades at a trailing P/E ratio of 4.5x. Average trailing P/E is 15x in the Construction industry in India. Total returns to shareholders of 28% over the past three years. New Risk • Mar 08
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: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Market cap is less than US$10m (₹655.6m market cap, or US$7.13m). Minor Risk Share price has been volatile over the past 3 months (7.5% average weekly change). Reported Earnings • Feb 08
Third quarter 2026 earnings released: EPS: ₹2.87 (vs ₹2.96 in 3Q 2025) Third quarter 2026 results: EPS: ₹2.87. Revenue: ₹318.8m (up 53% from 3Q 2025). Net income: ₹29.7m (up 28% from 3Q 2025). Profit margin: 9.3% (down from 11% in 3Q 2025). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Jan 19
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹70.60, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 17x in the Construction industry in India. Total returns to shareholders of 86% over the past three years. New Risk • Jan 15
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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (36% accrual ratio). Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Market cap is less than US$10m (₹766.9m market cap, or US$8.49m). Minor Risk Share price has been volatile over the past 3 months (6.8% average weekly change). Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹84.25, the stock trades at a trailing P/E ratio of 6.6x. Average trailing P/E is 18x in the Construction industry in India. Total returns to shareholders of 122% over the past three years. New Risk • Dec 08
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹895.7m (US$9.95m) 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (36% accrual ratio). Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Market cap is less than US$10m (₹895.7m market cap, or US$9.95m). Reported Earnings • Nov 13
Second quarter 2026 earnings released: EPS: ₹2.62 (vs ₹2.07 in 2Q 2025) Second quarter 2026 results: EPS: ₹2.62 (up from ₹2.07 in 2Q 2025). Revenue: ₹331.8m (up 46% from 2Q 2025). Net income: ₹27.1m (up 67% from 2Q 2025). Profit margin: 8.2% (up from 7.2% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹85.85, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 20x in the Construction industry in India. Total returns to shareholders of 126% over the past three years. Announcement • Oct 31
Sonu Infratech Limited to Report Q2, 2026 Results on Nov 07, 2025 Sonu Infratech Limited announced that they will report Q2, 2026 results on Nov 07, 2025 New Risk • Sep 05
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 32% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (53% accrual ratio). Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Minor Risk Market cap is less than US$100m (₹1.14b market cap, or US$12.9m). Announcement • Sep 01
Sonu Infratech Limited, Annual General Meeting, Sep 26, 2025 Sonu Infratech Limited, Annual General Meeting, Sep 26, 2025, at 16:00 Indian Standard Time. New Risk • Aug 21
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹868.2m (US$9.95m) 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (53% accrual ratio). Market cap is less than US$10m (₹868.2m market cap, or US$9.95m). Board Change • May 15
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Subhrajit Chowdhury was the last independent director to join the board, commencing their role in 2024. 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 • Mar 24
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹107, the stock trades at a trailing P/E ratio of 12.1x. Average trailing P/E is 20x in the Construction industry in India. Total returns to shareholders of 73% over the past year. Announcement • Mar 13
Sonu Infratech Limited (NSEI:SONUINFRA) acquired Arpit Techno Infra Private Limited for INR 35 million. Sonu Infratech Limited (NSEI:SONUINFRA) acquired Arpit Techno Infra Private Limited for INR 35 million on March 11, 2025. A cash consideration of INR 35 million will be paid by Sonu Infratech Limited. As part of consideration, INR 35 million is paid towards common equity of Arpit Techno Infra Private Limited.
For the period ending March 31, 2024, Arpit Techno Infra Private Limited reported total revenue of INR 174.91 million.
Sonu Infratech Limited (NSEI:SONUINFRA) acquired Arpit Techno Infra Private Limited on March 11, 2025. Board Change • Mar 06
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Subhrajit Chowdhury was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Feb 11
Sonu Infratech Limited to Report Q3, 2025 Results on Feb 14, 2025 Sonu Infratech Limited announced that they will report Q3, 2025 results on Feb 14, 2025 Valuation Update With 7 Day Price Move • Dec 10
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹70.40, the stock trades at a trailing P/E ratio of 11x. Average trailing P/E is 28x in the Construction industry in India. Total returns to shareholders of 22% over the past year. New Risk • Nov 16
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 32% 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 (32% accrual ratio). Market cap is less than US$10m (₹432.1m market cap, or US$5.12m). Minor Risk Share price has been volatile over the past 3 months (8.1% average weekly change). Valuation Update With 7 Day Price Move • Sep 16
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹50.00, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 29x in the Construction industry in India. Total returns to shareholders of 6.4% over the past year. Announcement • Sep 03
Sonu Infratech Limited, Annual General Meeting, Sep 26, 2024 Sonu Infratech Limited, Annual General Meeting, Sep 26, 2024, at 16:00 Indian Standard Time. Valuation Update With 7 Day Price Move • Jul 01
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹67.90, the stock trades at a trailing P/E ratio of 18.5x. Average trailing P/E is 29x in the Construction industry in India. Total returns to shareholders of 54% over the past year. Reported Earnings • Jun 05
Full year 2024 earnings released: EPS: ₹3.67 (vs ₹3.65 in FY 2023) Full year 2024 results: EPS: ₹3.67 (up from ₹3.65 in FY 2023). Revenue: ₹905.6m (up 41% from FY 2023). Net income: ₹28.8m (up 5.4% from FY 2023). Profit margin: 3.2% (down from 4.3% in FY 2023). The decrease in margin was driven by higher expenses. New Risk • May 24
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 (2.6x net interest cover). Share price has been highly volatile over the past 3 months (13% average weekly change). Market cap is less than US$10m (₹432.5m market cap, or US$5.20m). Minor Risk Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Valuation Update With 7 Day Price Move • Mar 26
Investor sentiment improves as stock rises 51% After last week's 51% share price gain to ₹61.65, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 25x in the Construction industry in India. Total returns to shareholders of 33% over the past year. Valuation Update With 7 Day Price Move • Mar 12
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹43.55, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 26x in the Construction industry in India. Total loss to shareholders of 7.3% over the past year. Announcement • Mar 10
Sonu Infratech Limited Announces Board Appointments Sonu Infratech Limited informed that the Board of Directors of the company in their meeting held on March 09, 2024, at the registered office of the Company situated at Platinum 404, 4th Floor Park Colony, Opp. Joggers Park,Jamnagar-361008, Gujarat to have; On recommendation of Nomination and Remuneration Committee, approved Appointment of Mr. Arpitkumar Pandey,(DIN: 08043237), as an Additional (Executive) Director, of the Company with effect from March 09, 2024 and on recommendation of Nomination and Remuneration Committee, approved Appointment of Mr. Sonu Pandey, (DIN:08043264), as an Additional (Executive) Director, of the Company with effect from March 09, 2024. Mr. Arpitkumar pandey is having Degree in Bachelor of Technology in Mechanical Engineering. He is having experience of over 4 years in the field of construction business and is versed with Contract Management, Project Management and Project Planning. He also has strong Leadership and Business management skills. Mr. Sonu Pandey is having Degree in Bachelor of Technology in Civil Engineering. He is having experience of over 3 years in the business of construction and is well versed with Contract Management, Project Management and Project Planning. Valuation Update With 7 Day Price Move • Jan 02
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹68.75, the stock trades at a trailing P/E ratio of 18.9x. Average trailing P/E is 24x in the Construction industry in India. Total returns to shareholders of 72% over the past year. Valuation Update With 7 Day Price Move • Sep 22
Investor sentiment improves as stock rises 40% After last week's 40% share price gain to ₹62.50, the stock trades at a trailing P/E ratio of 17.9x. Average trailing P/E is 22x in the Construction industry in India. Total returns to shareholders of 71% over the past year. Valuation Update With 7 Day Price Move • Aug 14
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹42.00, the stock trades at a trailing P/E ratio of 12.1x. Average trailing P/E is 21x in the Construction industry in India. Total returns to shareholders of 20% over the past year. Board Change • Aug 09
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. 6 experienced directors. No highly experienced directors. Independent Non-Executive Director Vipulchandra Acharya was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jun 02
Full year 2023 earnings released: EPS: ₹3.65 (vs ₹3.21 in FY 2022) Full year 2023 results: EPS: ₹3.65 (up from ₹3.21 in FY 2022). Revenue: ₹642.2m (up 21% from FY 2022). Net income: ₹27.3m (up 56% from FY 2022). Profit margin: 4.3% (up from 3.3% in FY 2022). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Feb 15
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹42.00, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 19x in the Construction industry in India. Board Change • Nov 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. 6 experienced directors. No highly experienced directors. Independent Non-Executive Director Vipulchandra Acharya was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment improved over the past week After last week's 19% share price gain to ₹37.75, the stock trades at a trailing P/E ratio of 16.9x. Average trailing P/E is 19x in the Construction industry in India. Valuation Update With 7 Day Price Move • Jun 13
Investor sentiment improved over the past week After last week's 31% share price gain to ₹30.05, the stock trades at a trailing P/E ratio of 13.5x. Average trailing P/E is 18x in the Construction industry in India. Board Change • May 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. 6 experienced directors. No highly experienced directors. Independent Non-Executive Director Vipulchandra Acharya was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 
