Valuation Update With 7 Day Price Move • Mar 02
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹125, the stock trades at a trailing P/E ratio of 12.4x. Average trailing P/E is 23x in the Professional Services industry in India. Total returns to shareholders of 131% over the past three years. Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: ₹3.05 (vs ₹3.99 in 3Q 2025) Third quarter 2026 results: EPS: ₹3.05 (down from ₹3.99 in 3Q 2025). Revenue: ₹234.6m (down 30% from 3Q 2025). Net income: ₹31.5m (down 24% from 3Q 2025). Profit margin: 13% (up from 12% in 3Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 36% per year whereas the company’s share price has increased by 41% per year. Announcement • Feb 10
Reliable Data Services Limited to Report Q3, 2026 Results on Feb 14, 2026 Reliable Data Services Limited announced that they will report Q3, 2026 results at 12:08 PM, Indian Standard Time on Feb 14, 2026 Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹164, the stock trades at a trailing P/E ratio of 16.3x. Average trailing P/E is 27x in the Professional Services industry in India. Total returns to shareholders of 203% over the past three years. Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹158, the stock trades at a trailing P/E ratio of 17.3x. Average trailing P/E is 27x in the Professional Services industry in India. Total returns to shareholders of 257% over the past three years. Announcement • Nov 05
Reliable Data Services Limited to Report Q2, 2026 Results on Nov 14, 2025 Reliable Data Services Limited announced that they will report Q2, 2026 results on Nov 14, 2025 Valuation Update With 7 Day Price Move • Oct 20
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹136, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 29x in the Professional Services industry in India. Total returns to shareholders of 209% over the past three years. Upcoming Dividend • Sep 05
Upcoming dividend of ₹0.04 per share Eligible shareholders must have bought the stock before 12 September 2025. Payment date: 29 October 2025. Payout ratio is a comfortable 0.4% but the company is not cash flow positive. The company last paid an ordinary dividend in June 2018. The average dividend yield among industry peers is 1.1%. Valuation Update With 7 Day Price Move • Sep 01
Investor sentiment improves as stock rises 45% After last week's 45% share price gain to ₹164, the stock trades at a trailing P/E ratio of 18x. Average trailing P/E is 29x in the Professional Services industry in India. Total returns to shareholders of 210% over the past three years. New Risk • Aug 25
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 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 (7.9% average weekly change). Minor Risk Market cap is less than US$100m (₹1.17b market cap, or US$13.4m). Announcement • Aug 18
Reliable Data Services Limited, Annual General Meeting, Sep 29, 2025 Reliable Data Services Limited, Annual General Meeting, Sep 29, 2025, at 16:00 Indian Standard Time. Reported Earnings • Aug 16
First quarter 2026 earnings released First quarter 2026 results: EPS: ₹163. Revenue: ₹394.5m (up 93% from 1Q 2025). Net income: ₹16.8m (up 32% from 1Q 2025). Profit margin: 4.3% (down from 6.3% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Announcement • Aug 14
Reliable Data Services Limited Proposes Final Dividend Reliable Data Services Limited recommended Final Dividend of INR 0.04/- per equity share amounting to INR 4,12,800 as total amount of Dividend. Valuation Update With 7 Day Price Move • Aug 12
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹89.05, the stock trades at a trailing P/E ratio of 10.2x. Average trailing P/E is 29x in the Professional Services industry in India. Total returns to shareholders of 59% over the past three years. Announcement • Aug 06
Reliable Data Services Limited to Report Q1, 2026 Results on Aug 14, 2025 Reliable Data Services Limited announced that they will report Q1, 2026 results on Aug 14, 2025 Reported Earnings • Jun 02
Full year 2025 earnings released: EPS: ₹10.03 (vs ₹5.13 in FY 2024) Full year 2025 results: EPS: ₹10.03 (up from ₹5.13 in FY 2024). Revenue: ₹1.35b (up 70% from FY 2024). Net income: ₹90.2m (up 100% from FY 2024). Profit margin: 6.7% (up from 5.7% 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 40% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Announcement • May 21
Reliable Data Services Limited to Report Q4, 2025 Results on May 30, 2025 Reliable Data Services Limited announced that they will report Q4, 2025 results on May 30, 2025 Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹69.73, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 24x in the Professional Services industry in India. Total returns to shareholders of 37% over the past three years. Reported Earnings • Feb 18
Third quarter 2025 earnings released Third quarter 2025 results: EPS: ₹3.99. Revenue: ₹343.0m (up 67% from 3Q 2024). Net income: ₹41.2m (up 462% from 3Q 2024). Profit margin: 12% (up from 3.6% in 3Q 2024). The increase in margin was driven by higher revenue. 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 16% per year, which means it is significantly lagging earnings growth. New Risk • Feb 17
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 8.5% 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 Interest payments are not well covered by earnings (3.0x net interest cover). Market cap is less than US$10m (₹838.2m market cap, or US$9.65m). Minor Risk Share price has been volatile over the past 3 months (8.5% average weekly change). Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹81.22, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 28x in the Professional Services industry in India. Total returns to shareholders of 56% over the past three years. Announcement • Feb 04
Reliable Data Services Limited to Report Q3, 2025 Results on Feb 14, 2025 Reliable Data Services Limited announced that they will report Q3, 2025 results at 12:08 PM, Indian Standard Time on Feb 14, 2025 Reported Earnings • Nov 16
Second quarter 2025 earnings released: EPS: ₹1.69 (vs ₹1.73 in 2Q 2024) Second quarter 2025 results: EPS: ₹1.69. Revenue: ₹237.1m (up 31% from 2Q 2024). Net income: ₹12.8m (up 2.7% from 2Q 2024). Profit margin: 5.4% (down from 6.9% in 2Q 2024). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹83.03, the stock trades at a trailing P/E ratio of 17.7x. Average trailing P/E is 39x in the Professional Services industry in India. Total returns to shareholders of 127% over the past three years. Announcement • Nov 04
Reliable Data Services Limited to Report Q2, 2025 Results on Nov 13, 2024 Reliable Data Services Limited announced that they will report Q2, 2025 results on Nov 13, 2024 Announcement • Oct 03
Reliable Data Services Limited Approves Final Dividend Reliable Data Services Limited announced final dividend of INR 0.03/- per equity share amounting to INR 3,06,400/- as Total amount of Dividend be and is hereby approved by the members at the Annual General Meeting. New Risk • Sep 30
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹829.9m (US$9.90m) 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). Market cap is less than US$10m (₹829.9m market cap, or US$9.90m). Valuation Update With 7 Day Price Move • Sep 11
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹84.42, the stock trades at a trailing P/E ratio of 18x. Average trailing P/E is 37x in the Professional Services industry in India. Total returns to shareholders of 149% over the past three years. Declared Dividend • Sep 05
Dividend of ₹0.03 announced Shareholders will receive a dividend of ₹0.03. Ex-date: 20th September 2024 Payment date: 30th October 2024 Dividend yield will be 0.03%, which is lower than the industry average of 1.1%. Reported Earnings • Aug 14
First quarter 2025 earnings released: EPS: ₹1.41 (vs ₹0.94 in 1Q 2024) First quarter 2025 results: EPS: ₹1.41 (up from ₹0.94 in 1Q 2024). Revenue: ₹204.5m (up 58% from 1Q 2024). Net income: ₹12.8m (up 32% from 1Q 2024). Profit margin: 6.3% (down from 7.5% in 1Q 2024). The decrease in margin was driven by higher expenses. 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 54% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 04
Reliable Data Services Limited to Report Q1, 2025 Results on Aug 12, 2024 Reliable Data Services Limited announced that they will report Q1, 2025 results on Aug 12, 2024 Valuation Update With 7 Day Price Move • Jul 12
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹59.10, the stock trades at a trailing P/E ratio of 13.5x. Average trailing P/E is 32x in the Professional Services industry in India. Total returns to shareholders of 147% over the past three years. Announcement • May 31
Reliable Data Services Limited Appoints Anisha Kumari as Whole Time Company Secretary and Compliance Officer Reliable Data Services Limited announced that at the Board Meeting held on May 30, 2024, appointed Mrs. Anisha Kumari, Membership No. 67823 as Whole time Company Secretary and Compliance officer. Reported Earnings • Feb 18
Third quarter 2024 earnings released: EPS: ₹1.44 (vs ₹0.71 in 3Q 2023) Third quarter 2024 results: EPS: ₹1.44 (up from ₹0.71 in 3Q 2023). Revenue: ₹205.3m (up 13% from 3Q 2023). Net income: ₹7.32m (flat on 3Q 2023). Profit margin: 3.6% (down from 4.0% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jan 23
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹65.25, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 25x in the Professional Services industry in India. Total returns to shareholders of 161% over the past three years. Board Change • Jan 12
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. 5 experienced directors. 4 highly experienced directors. Independent Director Puja Kumari was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 04
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. 5 experienced directors. 4 highly experienced directors. Independent Director Puja Kumari was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Sep 15
Upcoming dividend of ₹0.02 per share at 0.1% yield Eligible shareholders must have bought the stock before 22 September 2023. Payment date: 29 October 2023. Trailing yield: 0.1%. Lower than top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (1.3%). Reported Earnings • Aug 18
First quarter 2024 earnings released: EPS: ₹1.12 (vs ₹0.99 in 1Q 2023) First quarter 2024 results: EPS: ₹1.12. Revenue: ₹129.7m (up 11% from 1Q 2023). Net income: ₹9.71m (down 5.2% from 1Q 2023). Profit margin: 7.5% (down from 8.8% in 1Q 2023). The decrease in margin was driven by higher expenses. Board Change • Jul 03
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. 5 experienced directors. 4 highly experienced directors. Independent Director Puja Kumari was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jun 04
Full year 2023 earnings released: EPS: ₹4.62 (vs ₹3.63 in FY 2022) Full year 2023 results: EPS: ₹4.62 (up from ₹3.63 in FY 2022). Revenue: ₹740.2m (up 39% from FY 2022). Net income: ₹39.7m (up 14% from FY 2022). Profit margin: 5.4% (down from 6.5% 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 31% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 02
Reliable Data Services Limited, Annual General Meeting, Sep 30, 2022 Reliable Data Services Limited, Annual General Meeting, Sep 30, 2022, at 15:00 Indian Standard Time. Location: GF-22, Hans Bhawano I, Bahadur Shah Zafar M*g, ITO New Delhi India Agenda: To consider and adopt the Financial Statements for the year ended March 3I,2022; To consider appointment of Director; to consider Declaration of Final Dividend. Upcoming Dividend • Sep 15
Upcoming dividend of ₹0.05 per share Eligible shareholders must have bought the stock before 22 September 2022. Payment date: 30 October 2022. Payout ratio is a comfortable 0.5% but the company is not cash flow positive. The company last paid an ordinary dividend in June 2018. The average dividend yield among industry peers is 2.0%. Reported Earnings • Aug 19
First quarter 2023 earnings released: EPS: ₹1.06 (vs ₹0.84 in 1Q 2022) First quarter 2023 results: EPS: ₹1.06 (up from ₹0.84 in 1Q 2022). Revenue: ₹117.1m (up 11% from 1Q 2022). Net income: ₹10.2m (up 28% from 1Q 2022). Profit margin: 8.7% (up from 7.6% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment improved over the past week After last week's 24% share price gain to ₹70.45, the stock trades at a trailing P/E ratio of 20.9x. Average trailing P/E is 26x in the IT industry in India. Total returns to shareholders of 160% over the past three years. Valuation Update With 7 Day Price Move • Apr 27
Investor sentiment improved over the past week After last week's 19% share price gain to ₹48.00, the stock trades at a trailing P/E ratio of 14.2x. Average trailing P/E is 31x in the IT industry in India. Total returns to shareholders of 15% over the past three years. Valuation Update With 7 Day Price Move • Jan 25
Investor sentiment improved over the past week After last week's 21% share price gain to ₹45.25, the stock trades at a trailing P/E ratio of 13.4x. Average trailing P/E is 32x in the IT industry in India. Total returns to shareholders of 3.1% over the past three years. Valuation Update With 7 Day Price Move • Sep 16
Investor sentiment improved over the past week After last week's 15% share price gain to ₹35.60, the stock trades at a trailing P/E ratio of 22.2x. Average trailing P/E is 31x in the IT industry in India. Total loss to shareholders of 33% over the past three years. Reported Earnings • Sep 12
Full year 2021 earnings released: EPS ₹1.65 (vs ₹3.67 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹444.0m (down 3.4% from FY 2020). Net income: ₹16.6m (down 50% from FY 2020). Profit margin: 3.7% (down from 7.2% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 09
Full year 2021 earnings released: EPS ₹1.65 (vs ₹3.67 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹444.0m (down 3.4% from FY 2020). Net income: ₹16.6m (down 50% from FY 2020). Profit margin: 3.7% (down from 7.2% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings. Announcement • Sep 19
Reliable Data Services Limited to Report Fiscal Year 2020 Results on Jun 29, 2020 Reliable Data Services Limited announced that they will report fiscal year 2020 results on Jun 29, 2020