Valuation Update With 7 Day Price Move • Jul 06
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹63.25, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 20x in the Professional Services industry in India. Total returns to shareholders of 17% over the past three years. New Risk • Jul 02
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 Market cap is less than US$10m (₹568.9m market cap, or US$5.99m). Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Profit margins are more than 30% lower than last year (2.1% net profit margin). Reported Earnings • May 25
Full year 2026 earnings released: EPS: ₹5.17 (vs ₹8.80 in FY 2025) Full year 2026 results: EPS: ₹5.17 (down from ₹8.80 in FY 2025). Revenue: ₹2.55b (up 12% from FY 2025). Net income: ₹53.9m (down 40% from FY 2025). Profit margin: 2.1% (down from 4.0% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Announcement • May 16
ANI Integrated Services Limited to Report Q4, 2026 Results on May 22, 2026 ANI Integrated Services Limited announced that they will report Q4, 2026 results on May 22, 2026 Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹64.00, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 22x in the Professional Services industry in India. Total returns to shareholders of 52% over the past three years. Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: ₹1.70 (vs ₹2.49 in 3Q 2025) Third quarter 2026 results: EPS: ₹1.70 (down from ₹2.49 in 3Q 2025). Revenue: ₹651.2m (up 11% from 3Q 2025). Net income: ₹18.7m (down 27% from 3Q 2025). Profit margin: 2.9% (down from 4.3% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Announcement • Feb 10
ANI Integrated Services Limited to Report Q3, 2026 Results on Feb 12, 2026 ANI Integrated Services Limited announced that they will report Q3, 2026 results on Feb 12, 2026 New Risk • Jan 30
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹877.7m (US$9.55m) 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. This is currently the only risk that has been identified for the company. Board Change • Jan 21
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. No experienced directors. 6 highly experienced directors. Non-Executive Independent Director Shrikant Jainapur was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Jan 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 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: Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Market cap is less than US$100m (₹973.0m market cap, or US$10.8m). Board Change • Dec 18
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. No experienced directors. 6 highly experienced directors. Non-Executive Independent Director Shrikant Jainapur was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 18
Second quarter 2026 earnings released: EPS: ₹1.78 (vs ₹2.34 in 2Q 2025) Second quarter 2026 results: EPS: ₹1.78 (down from ₹2.34 in 2Q 2025). Revenue: ₹660.1m (up 18% from 2Q 2025). Net income: ₹19.6m (down 18% from 2Q 2025). Profit margin: 3.0% (down from 4.3% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Announcement • Nov 13
ANI Integrated Services Limited to Report Q2, 2026 Results on Nov 14, 2025 ANI Integrated Services Limited announced that they will report Q2, 2026 results on Nov 14, 2025 New Risk • Nov 06
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹882.0m (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 Risk Market cap is less than US$10m (₹882.0m market cap, or US$9.95m). Minor Risk Share price has been volatile over the past 3 months (6.9% average weekly change). Valuation Update With 7 Day Price Move • Sep 29
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹86.30, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 30x in the Professional Services industry in India. Total returns to shareholders of 49% over the past three years. New Risk • Sep 08
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 7.9% 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 Risk Share price has been highly volatile over the past 3 months (7.9% average weekly change). Minor Risk Market cap is less than US$100m (₹1.02b market cap, or US$11.6m). Valuation Update With 7 Day Price Move • Sep 05
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹93.60, the stock trades at a trailing P/E ratio of 10.7x. Average trailing P/E is 29x in the Professional Services industry in India. Total returns to shareholders of 118% over the past three years. Announcement • Sep 03
ANI Integrated Services Limited, Annual General Meeting, Sep 25, 2025 ANI Integrated Services Limited, Annual General Meeting, Sep 25, 2025, at 16:00 Indian Standard Time. Reported Earnings • Aug 14
First quarter 2026 earnings released: EPS: ₹1.70 (vs ₹1.74 in 1Q 2025) First quarter 2026 results: EPS: ₹1.70. Revenue: ₹590.2m (up 11% from 1Q 2025). Net income: ₹17.6m (up 4.4% from 1Q 2025). Profit margin: 3.0% (down from 3.2% in 1Q 2025). The decrease in margin was driven by higher expenses. New Risk • Aug 13
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹854.1m (US$9.76m) 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 (₹854.1m market cap, or US$9.76m). Minor Risk Share price has been volatile over the past 3 months (7.8% average weekly change). New Risk • Jul 21
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 8.3% 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 Risk Share price has been highly volatile over the past 3 months (8.3% average weekly change). Minor Risk Market cap is less than US$100m (₹1.01b market cap, or US$11.6m). Valuation Update With 7 Day Price Move • Jul 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹109, the stock trades at a trailing P/E ratio of 12.6x. Average trailing P/E is 31x in the Professional Services industry in India. Total returns to shareholders of 168% over the past three years. Reported Earnings • May 21
Full year 2025 earnings released: EPS: ₹8.79 (vs ₹5.84 in FY 2024) Full year 2025 results: EPS: ₹8.79 (up from ₹5.84 in FY 2024). Revenue: ₹2.28b (up 22% from FY 2024). Net income: ₹90.0m (up 59% from FY 2024). Profit margin: 4.0% (up from 3.0% 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 39% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Board Change • May 15
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Non-Executive Independent Director Shrikant Jainapur was the last director to join the board, commencing their role in 2024. 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 • Mar 31
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹102, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 26x in the Professional Services industry in India. Total returns to shareholders of 104% over the past three years. Board Change • Mar 06
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Non-Executive Independent Director Shrikant Jainapur was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Dec 26
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: Major Risk High level of non-cash earnings (25% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Shareholders have been diluted in the past year (6.9% increase in shares outstanding). Market cap is less than US$100m (₹1.74b market cap, or US$20.4m). Reported Earnings • Nov 17
Second quarter 2025 earnings released: EPS: ₹2.34 (vs ₹1.43 in 2Q 2024) Second quarter 2025 results: EPS: ₹2.34 (up from ₹1.43 in 2Q 2024). Revenue: ₹561.6m (up 20% from 2Q 2024). Net income: ₹24.0m (up 74% from 2Q 2024). Profit margin: 4.3% (up from 2.9% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 30
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹195, the stock trades at a trailing P/E ratio of 30.3x. Average trailing P/E is 36x in the Professional Services industry in India. Total returns to shareholders of 261% over the past three years. Valuation Update With 7 Day Price Move • Sep 09
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹162, the stock trades at a trailing P/E ratio of 25.1x. Average trailing P/E is 37x in the Professional Services industry in India. Total returns to shareholders of 285% over the past three years. Announcement • Aug 20
ANI Integrated Services Limited, Annual General Meeting, Sep 11, 2024 ANI Integrated Services Limited, Annual General Meeting, Sep 11, 2024, at 16:00 Indian Standard Time. Reported Earnings • Aug 14
First quarter 2025 earnings released: EPS: ₹1.74 (vs ₹0.69 in 1Q 2024) First quarter 2025 results: EPS: ₹1.74 (up from ₹0.69 in 1Q 2024). Revenue: ₹530.6m (up 29% from 1Q 2024). Net income: ₹16.8m (up 152% from 1Q 2024). Profit margin: 3.2% (up from 1.6% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 44% per year, which means it is well ahead of earnings. Announcement • Aug 13
ANI Integrated Services Limited Announces Resignation of Anil Lingayat from the post of Non- Executive Independent Director ANI Integrated Services Limited announced the resignation of Mr. Anil Lingayat (DIN: 07974940) from the post of Non- Executive Independent Director with effect from close of working hours of August 13, 2024, due to preoccupations and other personal reasons. New Risk • Aug 01
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.9% This is considered a minor 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 Interest payments are not well covered by earnings (2.9x net interest cover). High level of non-cash earnings (27% accrual ratio). Minor Risks Shareholders have been diluted in the past year (6.9% increase in shares outstanding). Market cap is less than US$100m (₹1.52b market cap, or US$18.2m). Reported Earnings • May 23
Full year 2024 earnings released: EPS: ₹5.84 (vs ₹2.70 in FY 2023) Full year 2024 results: EPS: ₹5.84 (up from ₹2.70 in FY 2023). Revenue: ₹1.88b (up 19% from FY 2023). Net income: ₹56.6m (up 117% from FY 2023). Profit margin: 3.0% (up from 1.7% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 47% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Apr 22
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹128, the stock trades at a trailing P/E ratio of 22.3x. Average trailing P/E is 25x in the Professional Services industry in India. Total returns to shareholders of 223% 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 ₹89.55, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 25x in the Professional Services industry in India. Total returns to shareholders of 127% over the past three years. New Risk • Apr 04
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 8.6% 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: Major Risk Market cap is less than US$10m (₹826.3m market cap, or US$9.91m). Minor Risk Share price has been volatile over the past 3 months (8.6% average weekly change). Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹79.65, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 23x in the Professional Services industry in India. Total returns to shareholders of 152% over the past three years. Reported Earnings • Feb 08
Third quarter 2024 earnings released: EPS: ₹1.73 (vs ₹0.32 in 3Q 2023) Third quarter 2024 results: EPS: ₹1.73 (up from ₹0.32 in 3Q 2023). Revenue: ₹468.6m (up 18% from 3Q 2023). Net income: ₹16.7m (up 440% from 3Q 2023). Profit margin: 3.6% (up from 0.8% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 45% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹69.15, the stock trades at a trailing P/E ratio of 16x. Average trailing P/E is 26x in the Professional Services industry in India. Total returns to shareholders of 171% over the past three years. Valuation Update With 7 Day Price Move • Jan 09
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹78.80, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 26x in the Professional Services industry in India. Total returns to shareholders of 197% over the past three years. New Risk • Nov 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 8.9% 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 Share price has been highly volatile over the past 3 months (8.9% average weekly change). Market cap is less than US$10m (₹581.2m market cap, or US$6.97m). Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹67.00, the stock trades at a trailing P/E ratio of 15.5x. Average trailing P/E is 27x in the Professional Services industry in India. Total returns to shareholders of 226% over the past three years. Reported Earnings • Nov 02
Second quarter 2024 earnings released: EPS: ₹1.43 (vs ₹0.30 in 2Q 2023) Second quarter 2024 results: EPS: ₹1.43 (up from ₹0.30 in 2Q 2023). Revenue: ₹469.3m (up 15% from 2Q 2023). Net income: ₹13.8m (up 376% from 2Q 2023). Profit margin: 2.9% (up from 0.7% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Oct 26
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. 4 highly experienced directors. Non-Executive Independent Director Chandrashekhar Joshi was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Sep 03
ANI Integrated Services Limited, Annual General Meeting, Sep 26, 2023 ANI Integrated Services Limited, Annual General Meeting, Sep 26, 2023, at 16:00 Indian Standard Time. Reported Earnings • Aug 16
First quarter 2024 earnings released: EPS: ₹0.69 (vs ₹0.18 in 1Q 2023) First quarter 2024 results: EPS: ₹0.69 (up from ₹0.18 in 1Q 2023). Revenue: ₹412.1m (up 23% from 1Q 2023). Net income: ₹6.67m (up 274% from 1Q 2023). Profit margin: 1.6% (up from 0.5% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 33% per year whereas the company’s share price has increased by 30% per 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 ₹48.65, the stock trades at a trailing P/E ratio of 18x. Average trailing P/E is 24x in the Professional Services industry in India. Total returns to shareholders of 143% over the past three years. Valuation Update With 7 Day Price Move • Jul 04
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹53.60, the stock trades at a trailing P/E ratio of 19.9x. Average trailing P/E is 24x in the Professional Services industry in India. Total returns to shareholders of 200% over the past three years. Valuation Update With 7 Day Price Move • Jun 20
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹64.75, the stock trades at a trailing P/E ratio of 24x. Average trailing P/E is 25x in the Professional Services industry in India. Total returns to shareholders of 226% over the past three years. Valuation Update With 7 Day Price Move • Jun 05
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to ₹57.40, the stock trades at a trailing P/E ratio of 21.3x. Average trailing P/E is 24x in the Professional Services industry in India. Total returns to shareholders of 229% over the past three years. Reported Earnings • May 31
Full year 2023 earnings released: EPS: ₹2.70 (vs ₹5.34 in FY 2022) Full year 2023 results: EPS: ₹2.70 (down from ₹5.34 in FY 2022). Revenue: ₹1.58b (up 10% from FY 2022). Net income: ₹26.1m (down 50% from FY 2022). Profit margin: 1.6% (down from 3.6% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 26
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹50.75, the stock trades at a trailing P/E ratio of 43.7x. Average trailing P/E is 26x in the Professional Services industry in India. Total returns to shareholders of 206% over the past three years. Board Change • Apr 12
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. 4 highly experienced directors. Non-Executive Independent Director Chandrashekhar Joshi was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 17
Third quarter 2023 earnings released: EPS: ₹0.32 (vs ₹1.82 in 3Q 2022) Third quarter 2023 results: EPS: ₹0.32 (down from ₹1.82 in 3Q 2022). Revenue: ₹398.4m (up 9.4% from 3Q 2022). Net income: ₹3.10m (down 82% from 3Q 2022). Profit margin: 0.8% (down from 4.8% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jan 04
Investor sentiment improved over the past week After last week's 20% share price gain to ₹56.00, the stock trades at a trailing P/E ratio of 21.1x. Average trailing P/E is 24x in the Professional Services industry in India. Total returns to shareholders of 147% over the past three years. Valuation Update With 7 Day Price Move • Dec 20
Investor sentiment improved over the past week After last week's 18% share price gain to ₹46.50, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 26x in the Professional Services industry in India. Total returns to shareholders of 96% over the past three years. Reported Earnings • Nov 20
Second quarter 2023 earnings released: EPS: ₹0.30 (vs ₹1.48 in 2Q 2022) Second quarter 2023 results: EPS: ₹0.30 (down from ₹1.48 in 2Q 2022). Revenue: ₹410.0m (up 9.0% from 2Q 2022). Net income: ₹2.90m (down 80% from 2Q 2022). Profit margin: 0.7% (down from 3.8% in 2Q 2022). The decrease in margin was driven by higher expenses. 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. 3 experienced directors. 4 highly experienced directors. Non-Executive Independent Director Chandrashekhar Joshi was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Oct 22
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. 4 highly experienced directors. Independent Director Chandrashekhar Joshi was the last director to join the board, commencing their role in 2017. 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 15
Investor sentiment improved over the past week After last week's 16% share price gain to ₹49.70, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 35x in the Professional Services industry in India. Total returns to shareholders of 53% over the past three years. Announcement • Sep 05
ANI Integrated Services Limited, Annual General Meeting, Sep 26, 2022 ANI Integrated Services Limited, Annual General Meeting, Sep 26, 2022, at 16:00 Indian Standard Time. Location: 624, Lodha Supremus II, A Wing, North Towers Road No 22, near new Passport Office, Wagle Estate Thane West Maharashtra India Agenda: To consider and adopt, the Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2022 and Auditor's Report thereon and Board's Report for the financial year 2021-22; to re-appoint Director Akshay Navin Korpe who retires by rotation at the Annual General Meeting and being eligible has offered himself for re-appointment; to re-appoint M/s. Shah & Modi as the Statutory Auditors of the Company for a period of Five (5) year; and to re-appoint Independent Directors of the Company. Reported Earnings • Aug 14
First quarter 2023 earnings released: EPS: ₹0.18 (vs ₹1.69 in 1Q 2022) First quarter 2023 results: EPS: ₹0.18 (down from ₹1.69 in 1Q 2022). Revenue: ₹337.3m (down 3.0% from 1Q 2022). Net income: ₹1.78m (down 89% from 1Q 2022). Profit margin: 0.5% (down from 4.7% in 1Q 2022). The decrease in margin was primarily driven by lower revenue. Buying Opportunity • Jul 13
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 29%. The fair value is estimated to be ₹51.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 49%. Reported Earnings • May 26
Full year 2022 earnings released: EPS: ₹5.34 (vs ₹4.43 in FY 2021) Full year 2022 results: EPS: ₹5.34 (up from ₹4.43 in FY 2021). Revenue: ₹1.44b (up 41% from FY 2021). Net income: ₹51.8m (up 21% from FY 2021). Profit margin: 3.6% (down from 4.2% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Board Change • Apr 27
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. 4 highly experienced directors. Independent Director Chandrashekhar Joshi was the last director to join the board, commencing their role in 2017. 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 • Apr 11
Investor sentiment improved over the past week After last week's 18% share price gain to ₹58.65, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 35x in the Professional Services industry in India. Total loss to shareholders of 10% over the past three years. Reported Earnings • Feb 16
Third quarter 2022 earnings: Revenues in line with analyst expectations Third quarter 2022 results: Revenue: ₹369.3m (up 21% from 3Q 2021). Net income: ₹17.6m (up 1.4% from 3Q 2021). Profit margin: 4.8% (down from 5.7% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Valuation Update With 7 Day Price Move • Oct 26
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹55.80, the stock trades at a trailing P/E ratio of 9.7x. Average trailing P/E is 32x in the Professional Services industry in India. Total loss to shareholders of 19% over the past three years. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improved over the past week After last week's 15% share price gain to ₹44.65, the stock trades at a trailing P/E ratio of 10.1x. Average trailing P/E is 32x in the Professional Services industry in India. Total loss to shareholders of 38% over the past three years. Valuation Update With 7 Day Price Move • Jul 02
Investor sentiment improved over the past week After last week's 16% share price gain to ₹49.30, the stock trades at a trailing P/E ratio of 11.1x. Average trailing P/E is 37x in the Professional Services industry in India. Total loss to shareholders of 39% over the past three years. Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment improved over the past week After last week's 17% share price gain to ₹53.85, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 22x in the Professional Services industry in India. Total loss to shareholders of 40% over the past three years. Reported Earnings • May 28
Full year 2021 earnings released: EPS ₹4.43 (vs ₹3.56 loss in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: ₹1.03b (down 5.8% from FY 2020). Net income: ₹43.0m (up ₹77.4m from FY 2020). Profit margin: 4.2% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Mar 03
New 90-day high: ₹27.55 The company is up 34% from its price of ₹20.50 on 03 December 2020. The Indian market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Professional Services industry, which is up 30% over the same period. Is New 90 Day High Low • Dec 29
New 90-day high: ₹22.30 The company is up 3.0% from its price of ₹21.60 on 24 September 2020. The Indian market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Professional Services industry, which is up 33% over the same period. Announcement • Jul 17
ANI Integrated Services Limited to Report Q4, 2020 Results on Jun 30, 2020 ANI Integrated Services Limited announced that they will report Q4, 2020 results on Jun 30, 2020