Board Change • Jul 01
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Executive Chairman Ivor Desouza is the most experienced director on the board, commencing their role in 1972. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • May 22
Full year 2026 earnings released: ₹0.78 loss per share (vs ₹13.80 profit in FY 2025) Full year 2026 results: ₹0.78 loss per share (down from ₹13.80 profit in FY 2025). Revenue: ₹116.8m (down 54% from FY 2025). Net loss: ₹4.31m (down 106% from profit in FY 2025). Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 1% per year. Valuation Update With 7 Day Price Move • May 21
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to ₹69.25, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 18x in the Commercial Services industry in India. Total returns to shareholders of 12% over the past three years. Announcement • May 15
Evans Electric Limited to Report Fiscal Year 2026 Results on May 20, 2026 Evans Electric Limited announced that they will report fiscal year 2026 results on May 20, 2026 Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹83.95, the stock trades at a trailing P/E ratio of 6.7x. Average trailing P/E is 17x in the Commercial Services industry in India. Total returns to shareholders of 32% over the past three years. Valuation Update With 7 Day Price Move • Mar 18
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to ₹62.50, the stock trades at a trailing P/E ratio of 5x. Average trailing P/E is 17x in the Commercial Services industry in India. Total returns to shareholders of 39% over the past three years. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorates as stock falls 25% After last week's 25% share price decline to ₹81.22, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 19x in the Commercial Services industry in India. Total returns to shareholders of 47% over the past three years. Valuation Update With 7 Day Price Move • Feb 13
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹113, the stock trades at a trailing P/E ratio of 9x. Average trailing P/E is 20x in the Commercial Services industry in India. Total returns to shareholders of 74% over the past three years. New Risk • Jan 30
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 8.6% 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 (8.6% average weekly change). Market cap is less than US$10m (₹740.9m market cap, or US$8.06m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Revenue is less than US$5m (₹276m revenue, or US$3.0m). Valuation Update With 7 Day Price Move • Jan 28
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹129, the stock trades at a trailing P/E ratio of 10.2x. Average trailing P/E is 17x in the Commercial Services industry in India. Total returns to shareholders of 67% over the past three years. Buy Or Sell Opportunity • Nov 18
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to ₹137. The fair value is estimated to be ₹175, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 23%. Announcement • Nov 08
Evans Electric Limited to Report First Half, 2026 Results on Nov 12, 2025 Evans Electric Limited announced that they will report first half, 2026 results on Nov 12, 2025 Upcoming Dividend • Sep 18
Upcoming dividend of ₹1.50 per share Eligible shareholders must have bought the stock before 25 September 2025. Payment date: 29 October 2025. Payout ratio is a comfortable 11% but the company is paying out more than the cash it is generating. Trailing yield: 0.9%. Lower than top quartile of Indian dividend payers (1.2%). In line with average of industry peers (0.9%). Reported Earnings • Sep 07
Full year 2025 earnings released: EPS: ₹21.90 (vs ₹18.48 in FY 2024) Full year 2025 results: EPS: ₹21.90 (up from ₹18.48 in FY 2024). Revenue: ₹254.8m (up 23% from FY 2024). Net income: ₹75.7m (up 49% from FY 2024). Profit margin: 30% (up from 25% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has increased by 85% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Aug 28
Dividend of ₹1.50 announced Shareholders will receive a dividend of ₹1.50. Ex-date: 25th September 2025 Payment date: 29th October 2025 Dividend yield will be 0.9%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is covered by earnings (21% earnings payout ratio) but not covered by cash flows (dividend approximately 6x free cash flows). The dividend has increased by an average of 18% per year over the past 6 years. However, payments have been volatile during that time. Earnings per share has grown by 48% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. New Risk • Aug 20
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹856.4m (US$9.84m) 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 Share price has been highly volatile over the past 3 months (8.5% average weekly change). High level of non-cash earnings (36% accrual ratio). Market cap is less than US$10m (₹856.4m market cap, or US$9.84m). Minor Risks Dividend is not well covered by cash flows (dividend per share is over 6x cash flows per share). Revenue is less than US$5m (₹254m revenue, or US$2.9m). Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹226, the stock trades at a trailing P/E ratio of 16.4x. Average trailing P/E is 23x in the Commercial Services industry in India. Total returns to shareholders of 1,070% over the past three years. New Risk • Jun 13
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 (36% accrual ratio). Minor Risks Dividend is not well covered by cash flows (dividend per share is over 6x cash flows per share). Share price has been volatile over the past 3 months (8.0% average weekly change). Revenue is less than US$5m (₹254m revenue, or US$2.9m). Market cap is less than US$100m (₹935.7m market cap, or US$10.9m). Valuation Update With 7 Day Price Move • Jun 04
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to ₹163, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 24x in the Commercial Services industry in India. Total returns to shareholders of 710% over the past three years. Reported Earnings • May 29
Full year 2025 earnings released: EPS: ₹21.90 (vs ₹9.24 in FY 2024) Full year 2025 results: EPS: ₹21.90 (up from ₹9.24 in FY 2024). Revenue: ₹254.8m (up 23% from FY 2024). Net income: ₹75.7m (up 49% from FY 2024). Profit margin: 30% (up from 25% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has increased by 85% per year, which means it is tracking significantly ahead of earnings growth. New Risk • May 26
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 Risk Market cap is less than US$10m (₹753.5m market cap, or US$8.88m). Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). 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 (17% net profit margin). Revenue is less than US$5m (₹163m revenue, or US$1.9m). Announcement • May 25
Evans Electric Limited to Report Fiscal Year 2025 Results on May 28, 2025 Evans Electric Limited announced that they will report fiscal year 2025 results on May 28, 2025 Valuation Update With 7 Day Price Move • Mar 24
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹140, the stock trades at a trailing P/E ratio of 27.1x. Average trailing P/E is 21x in the Commercial Services industry in India. Total returns to shareholders of 507% over the past three years. Buy Or Sell Opportunity • Mar 10
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 15% to ₹140. The fair value is estimated to be ₹177, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 35%. Valuation Update With 7 Day Price Move • Feb 03
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹175, the stock trades at a trailing P/E ratio of 33.9x. Average trailing P/E is 24x in the Commercial Services industry in India. Total returns to shareholders of 625% over the past three years. Buy Or Sell Opportunity • Jan 27
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 2.4% to ₹148. The fair value is estimated to be ₹187, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 35%. New Risk • Jan 23
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹853.4m (US$9.88m) 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 Share price has been highly volatile over the past 3 months (13% average weekly change). Market cap is less than US$10m (₹853.4m market cap, or US$9.88m). 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 (17% net profit margin). Revenue is less than US$5m (₹163m revenue, or US$1.9m). Valuation Update With 7 Day Price Move • Jan 01
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹171, the stock trades at a trailing P/E ratio of 33.2x. Average trailing P/E is 30x in the Commercial Services industry in India. Total returns to shareholders of 635% over the past three years. Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹389, the stock trades at a trailing P/E ratio of 37.7x. Average trailing P/E is 32x in the Commercial Services industry in India. Total returns to shareholders of 1,012% over the past three years. Buy Or Sell Opportunity • Dec 03
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.2% to ₹300. The fair value is estimated to be ₹376, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 35%. Buy Or Sell Opportunity • Nov 18
Now 24% undervalued after recent price drop Over the last 90 days, the stock has fallen 4.4% to ₹292. The fair value is estimated to be ₹383, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 35%. New Risk • Nov 08
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: 17% Last year net profit margin: 29% 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 Risk Share price has been highly volatile over the past 3 months (12% average weekly change). 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 (17% net profit margin). Revenue is less than US$5m (₹163m revenue, or US$1.9m). Market cap is less than US$100m (₹1.28b market cap, or US$15.2m). Valuation Update With 7 Day Price Move • Oct 31
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to ₹374, the stock trades at a trailing P/E ratio of 20.2x. Average trailing P/E is 35x in the Commercial Services industry in India. Total returns to shareholders of 821% over the past three years. Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹314, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 34x in the Commercial Services industry in India. Total returns to shareholders of 673% over the past three years. Announcement • Sep 26
Evans Electric Limited Approves Final Dividend Evans Electric Limited at its annual general meeting held on September 28, 2024, approved final dividend of INR 3 per share of INR 10 each fully paid up. Upcoming Dividend • Sep 13
Upcoming dividend of ₹3.00 per share Eligible shareholders must have bought the stock before 20 September 2024. Payment date: 26 October 2024. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 1.0%. Within top quartile of Indian dividend payers (1.0%). Higher than average of industry peers (0.6%). Declared Dividend • Aug 15
Dividend increased to ₹3.00 Dividend of ₹3.00 is 50% higher than last year. Ex-date: 20th September 2024 Payment date: 26th October 2024 Dividend yield will be 1.0%, which is higher than the industry average of 0.6%. Announcement • Aug 13
Evans Electric Limited, Annual General Meeting, Sep 26, 2024 Evans Electric Limited, Annual General Meeting, Sep 26, 2024. Valuation Update With 7 Day Price Move • Jun 04
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to ₹277, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 31x in the Commercial Services industry in India. Total returns to shareholders of 337% over the past three years. Reported Earnings • May 30
Full year 2024 earnings released: EPS: ₹18.48 (vs ₹13.35 in FY 2023) Full year 2024 results: EPS: ₹18.48 (up from ₹13.35 in FY 2023). Revenue: ₹206.7m (up 8.0% from FY 2023). Net income: ₹50.7m (up 38% from FY 2023). Profit margin: 25% (up from 19% in FY 2023). Over the last 3 years on average, earnings per share has increased by 58% per year and the company’s share price has also increased by 58% per year. New Risk • May 25
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 (11% average weekly change). High level of non-cash earnings (36% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Paying a dividend despite having no free cash flows. Revenue is less than US$5m (₹141m revenue, or US$1.7m). Market cap is less than US$100m (₹933.0m market cap, or US$11.2m). Announcement • May 23
Evans Electric Limited to Report Fiscal Year 2024 Results on May 28, 2024 Evans Electric Limited announced that they will report fiscal year 2024 results on May 28, 2024 Valuation Update With 7 Day Price Move • May 14
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to ₹314, the stock trades at a trailing P/E ratio of 20.7x. Average trailing P/E is 32x in the Commercial Services industry in India. Total returns to shareholders of 131% over the past three years. 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 ₹253, the stock trades at a trailing P/E ratio of 16.7x. Average trailing P/E is 32x in the Commercial Services industry in India. Total returns to shareholders of 86% over the past three years. Valuation Update With 7 Day Price Move • Mar 05
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹244, the stock trades at a trailing P/E ratio of 16.1x. Average trailing P/E is 30x in the Commercial Services industry in India. Total returns to shareholders of 79% over the past three years. Valuation Update With 7 Day Price Move • Jan 11
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹230, the stock trades at a trailing P/E ratio of 15.2x. Average trailing P/E is 33x in the Commercial Services industry in India. Total returns to shareholders of 86% over the past three years. Valuation Update With 7 Day Price Move • Nov 01
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹172, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 33x in the Commercial Services industry in India. Total returns to shareholders of 64% over the past three years. Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹160, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 32x in the Commercial Services industry in India. Total returns to shareholders of 53% over the past three years. Announcement • Oct 01
Evans Electric Limited Approves Final Dividend Evans Electric Limited at its annual general meeting held on September 28, 2023, approved final dividend of INR 2 per share of INR 10 each fully paid up. Upcoming Dividend • Sep 15
Upcoming dividend of ₹2.00 per share at 1.3% yield Eligible shareholders must have bought the stock before 22 September 2023. Payment date: 28 October 2023. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 1.3%. Within top quartile of Indian dividend payers (1.3%). Higher than average of industry peers (0.8%). Reported Earnings • Sep 06
Full year 2023 earnings released: EPS: ₹13.35 (vs ₹3.00 in FY 2022) Full year 2023 results: EPS: ₹13.35 (up from ₹3.00 in FY 2022). Revenue: ₹195.0m (up 166% from FY 2022). Net income: ₹36.6m (up 345% from FY 2022). Profit margin: 19% (up from 11% in FY 2022). The increase in margin was driven by higher revenue. Announcement • Sep 06
Evans Electric Limited Recommends Dividend for the Financial Year 2022-2023 Evans Electric Limited recommended a dividend of 20% i.e. INR 2 per equity share for the Financial Year 2022-2023 for consideration of the shareholders at the forthcoming Annual General Meeting and this is payable to those Shareholders whose names appear in the Register of Members as on the Book Closure /Record Date, if approved by the shareholders. Valuation Update With 7 Day Price Move • Jul 10
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹117, the stock trades at a trailing P/E ratio of 10.2x. Average trailing P/E is 29x in the Commercial Services industry in India. Total returns to shareholders of 29% over the past three years. Valuation Update With 7 Day Price Move • May 30
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to ₹109, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 26x in the Commercial Services industry in India. Total loss to shareholders of 9.0% over the past three years. Announcement • May 23
Evans Electric Limited to Report Fiscal Year 2023 Results on May 29, 2023 Evans Electric Limited announced that they will report fiscal year 2023 results on May 29, 2023 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 ₹139, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 24x in the Commercial Services industry in India. Total returns to shareholders of 35% over the past three years. Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹119, the stock trades at a trailing P/E ratio of 10.3x. Average trailing P/E is 22x in the Commercial Services industry in India. Total returns to shareholders of 24% over the past three years. Valuation Update With 7 Day Price Move • Mar 01
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹115, the stock trades at a trailing P/E ratio of 9.9x. Average trailing P/E is 21x in the Commercial Services industry in India. Total returns to shareholders of 30% over the past three years. Valuation Update With 7 Day Price Move • Feb 15
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹140, the stock trades at a trailing P/E ratio of 12.1x. Average trailing P/E is 23x in the Commercial Services industry in India. Total returns to shareholders of 59% over the past three years. Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment improved over the past week After last week's 26% share price gain to ₹408, the stock trades at a trailing P/E ratio of 17.6x. Average trailing P/E is 25x in the Commercial Services industry in India. Total returns to shareholders of 151% over the past three years. Valuation Update With 7 Day Price Move • Nov 18
Investor sentiment improved over the past week After last week's 92% share price gain to ₹190, the stock trades at a trailing P/E ratio of 31.6x. Average trailing P/E is 28x in the Commercial Services industry in India. Total loss to shareholders of 2.2% over the past three years. Board Change • Nov 16
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. Independent Director Krishna Singh was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Sep 29
Evans Electric Limited Declares Dividend for the Financial Year Ended 31St March, 2022 Evans Electric Limited announced at the AGM held on September 28, 2022 that the company approved Declaration of dividend of INR 2 for the Financial Year ended 31st March, 2022. Upcoming Dividend • Sep 16
Upcoming dividend of ₹2.00 per share Eligible shareholders must have bought the stock before 23 September 2022. Payment date: 28 October 2022. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 2.1%. Within top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (0.5%). Reported Earnings • Sep 10
Full year 2022 earnings released: EPS: ₹6.00 (vs ₹4.22 in FY 2021) Full year 2022 results: EPS: ₹6.00 (up from ₹4.22 in FY 2021). Revenue: ₹73.4m (down 23% from FY 2021). Net income: ₹8.23m (up 42% from FY 2021). Profit margin: 11% (up from 6.1% in FY 2021). The increase in margin was driven by lower expenses. Announcement • Sep 07
Evans Electric Limited Proposes Dividend for the Financial Year Ended March 31, 2022 Evans Electric Limited at the 71st annual general meeting to be held on September 28, 2022, proposed to declare a Dividend for the financial year ended March 31, 2022. The Board of Directors has recommended a Dividend of INR 2 per Equity Share of INR 10 each, fully paid-up. Valuation Update With 7 Day Price Move • Aug 24
Investor sentiment improved over the past week After last week's 21% share price gain to ₹91.50, the stock trades at a trailing P/E ratio of 15.2x. Average trailing P/E is 21x in the Commercial Services industry in India. Total loss to shareholders of 54% over the past three years. Announcement • Aug 20
Evans Electric Limited, Annual General Meeting, Sep 28, 2022 Evans Electric Limited, Annual General Meeting, Sep 28, 2022. Valuation Update With 7 Day Price Move • Jul 21
Investor sentiment improved over the past week After last week's 15% share price gain to ₹84.00, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 19x in the Commercial Services industry in India. Total loss to shareholders of 58% over the past three years. Reported Earnings • May 30
Full year 2022 earnings released: EPS: ₹6.00 (vs ₹4.22 in FY 2021) Full year 2022 results: EPS: ₹6.00 (up from ₹4.22 in FY 2021). Revenue: ₹73.4m (down 23% from FY 2021). Net income: ₹8.23m (up 42% from FY 2021). Profit margin: 11% (up from 6.1% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Announcement • May 28
Evans Electric Limited Recommends Final Dividend Evans Electric Limited at it's Board meeting recommended final dividend of 20% (INR 2 per share) on equity share of the face value of INR 10/- each, subject To Approve the members at the forthcoming AGM of the Company. Announcement • May 20
Evans Electric Limited to Report Fiscal Year 2022 Results on May 27, 2022 Evans Electric Limited announced that they will report fiscal year 2022 results on May 27, 2022 Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment improved over the past week After last week's 21% share price gain to ₹121, the stock trades at a trailing P/E ratio of 11.1x. Average trailing P/E is 25x in the Commercial Services industry in India. Total loss to shareholders of 57% over the past year. Board Change • Apr 27
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. Independent Director Krishna Singh was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Feb 12
Evans Electric Limited Announces Board Changes Evans Electric Limited announced that the Board of Directors at their meeting held on February 11, 2022 have approved the Resignation of Mr. Frederick Joseph Vaz (DIN 08380402) as an Independent Director of the Company with effect from February 11, 2022; and approved the appointment of Mr. Krishna Pal Singh as an Independent Director with effect from April 1, 2022 subject to compliance of procedural formalities under the Companies Act, 2013. Valuation Update With 7 Day Price Move • Dec 31
Investor sentiment improved over the past week After last week's 16% share price gain to ₹93.15, the stock trades at a trailing P/E ratio of 8.6x. Average trailing P/E is 21x in the Commercial Services industry in India. Total loss to shareholders of 61% over the past year. Valuation Update With 7 Day Price Move • Dec 13
Investor sentiment improved over the past week After last week's 16% share price gain to ₹75.30, the stock trades at a trailing P/E ratio of 6.9x. Average trailing P/E is 21x in the Commercial Services industry in India. Total loss to shareholders of 68% over the past year. Valuation Update With 7 Day Price Move • Oct 29
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹71.15, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 20x in the Commercial Services industry in India. Total loss to shareholders of 67% over the past year. Upcoming Dividend • Sep 14
Upcoming dividend of ₹1.20 per share Eligible shareholders must have bought the stock before 21 September 2021. Payment date: 28 October 2021. Trailing yield: 1.2%. Lower than top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (0.3%). Valuation Update With 7 Day Price Move • Aug 03
Investor sentiment improved over the past week After last week's 20% share price gain to ₹110, the stock trades at a trailing P/E ratio of 26x. Average trailing P/E is 20x in the Commercial Services industry in India. Valuation Update With 7 Day Price Move • Jul 19
Investor sentiment deteriorated over the past week After last week's 23% share price decline to ₹92.75, the stock trades at a trailing P/E ratio of 22x. Average trailing P/E is 21x in the Commercial Services industry in India. Total loss to shareholders of 53% over the past year. Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment improved over the past week After last week's 27% share price gain to ₹111, the stock trades at a trailing P/E ratio of 26.3x. Average trailing P/E is 19x in the Commercial Services industry in India. Total loss to shareholders of 55% over the past year. Reported Earnings • Jul 01
Full year 2021 earnings released: EPS ₹4.22 (vs ₹7.78 in FY 2020) The company reported a mediocre full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: ₹95.3m (up 31% from FY 2020). Net income: ₹5.79m (down 44% from FY 2020). Profit margin: 6.1% (down from 14% in FY 2020). The decrease in margin was driven by higher expenses. Announcement • Mar 11
Evans Electric Limited Receives 2 Orders Evans Electric Limited has received 2 orders from: Steel Authority of India Limited, Bokaro Steel Plant for INR 30.9 million with a delivery period of 8 months; and Bokaro Power Supply Company (P) Limited for INR 35.8 million with a delivery period of 6 months. Both orders are received in the open tender. Is New 90 Day High Low • Mar 02
New 90-day high: ₹285 The company is up 19% from its price of ₹240 on 02 December 2020. The Indian market is up 16% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Commercial Services industry, which is up 31% over the same period. Announcement • Nov 07
Evans Electric Limited to Report First Half, 2021 Results on Nov 12, 2020 Evans Electric Limited announced that they will report first half, 2021 results on Nov 12, 2020 Announcement • Aug 07
Evans Electric Limited to Report Fiscal Year 2020 Results on Aug 14, 2020 Evans Electric Limited announced that they will report fiscal year 2020 results on Aug 14, 2020