New Risk • Jun 02
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 0.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.9x net interest cover). Shares are highly illiquid. Market cap is less than US$10m (₹243.8m market cap, or US$2.55m). Minor Risks Large one-off items impacting financial results. Revenue is less than US$5m (₹468m revenue, or US$4.9m). Announcement • May 27
Konark Synthetic Limited to Report Q4, 2026 Results on May 30, 2026 Konark Synthetic Limited announced that they will report Q4, 2026 results at 12:15 PM, Indian Standard Time on May 30, 2026 Board Change • Mar 30
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. 4 experienced directors. No highly experienced directors. MD & Director Shonit Dalmia was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 17
Third quarter 2026 earnings released: EPS: ₹0.07 (vs ₹0.005 loss in 3Q 2025) Third quarter 2026 results: EPS: ₹0.07 (up from ₹0.005 loss in 3Q 2025). Revenue: ₹123.2m (down 19% from 3Q 2025). Net income: ₹418.0k (up ₹447.0k from 3Q 2025). Profit margin: 0.3% (up from 0% 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 48% 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 • Feb 10
Konark Synthetic Limited to Report Q3, 2026 Results on Feb 14, 2026 Konark Synthetic Limited announced that they will report Q3, 2026 results at 3:30 PM, Indian Standard Time on Feb 14, 2026 New Risk • Jan 10
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 Risk Market cap is less than US$10m (₹239.0m market cap, or US$2.65m). Minor Risk Share price has been volatile over the past 3 months (6.8% average weekly change). Reported Earnings • Nov 18
Second quarter 2026 earnings released: EPS: ₹0.23 (vs ₹0.06 in 2Q 2025) Second quarter 2026 results: EPS: ₹0.23 (up from ₹0.06 in 2Q 2025). Revenue: ₹98.6m (down 5.1% from 2Q 2025). Net income: ₹1.32m (up 253% from 2Q 2025). Profit margin: 1.3% (up from 0.4% in 2Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 37% per year whereas the company’s share price has increased by 35% per year. Announcement • Nov 11
Konark Synthetic Limited to Report Q2, 2026 Results on Nov 14, 2025 Konark Synthetic Limited announced that they will report Q2, 2026 results on Nov 14, 2025 Announcement • Sep 08
Konark Synthetic Limited, Annual General Meeting, Sep 30, 2025 Konark Synthetic Limited, Annual General Meeting, Sep 30, 2025. Reported Earnings • Aug 16
First quarter 2026 earnings released: ₹0.02 loss per share (vs ₹0.41 loss in 1Q 2025) First quarter 2026 results: ₹0.02 loss per share (improved from ₹0.41 loss in 1Q 2025). Revenue: ₹124.3m (up 148% from 1Q 2025). Net loss: ₹95.0k (loss narrowed 96% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 29% 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 • Aug 09
Konark Synthetic Limited to Report Q1, 2026 Results on Aug 14, 2025 Konark Synthetic Limited announced that they will report Q1, 2026 results on Aug 14, 2025 Board Change • Aug 01
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. 4 experienced directors. No highly experienced directors. MD & Director Shonit Dalmia was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Jul 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 7.3% 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 (₹186.4m market cap, or US$2.18m). Minor Risk Share price has been volatile over the past 3 months (7.3% average weekly change). Buy Or Sell Opportunity • Jul 03
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 28% to ₹32.10. The fair value is estimated to be ₹26.54, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.6% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Jun 02
Full year 2025 earnings released: ₹5.88 loss per share (vs ₹0.26 profit in FY 2024) Full year 2025 results: ₹5.88 loss per share (down from ₹0.26 profit in FY 2024). Revenue: ₹467.6m (up 7.2% from FY 2024). Net loss: ₹34.1m (down ₹35.7m from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 22% 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 • May 27
Konark Synthetic Limited to Report Q4, 2025 Results on May 30, 2025 Konark Synthetic Limited announced that they will report Q4, 2025 results on May 30, 2025 Buy Or Sell Opportunity • May 26
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 1.7% to ₹29.49. The fair value is estimated to be ₹23.98, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.6% over the last 3 years. Earnings per share has grown by 49%. Buy Or Sell Opportunity • Apr 29
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 2.9% to ₹30.63. The fair value is estimated to be ₹25.00, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.6% over the last 3 years. Earnings per share has grown by 49%. Reported Earnings • Mar 06
Third quarter 2025 earnings released: ₹0.005 loss per share (vs ₹0.097 profit in 3Q 2024) Third quarter 2025 results: ₹0.005 loss per share (down from ₹0.097 profit in 3Q 2024). Revenue: ₹152.9m (up 7.4% from 3Q 2024). Net loss: ₹29.0k (down 105% from profit in 3Q 2024). Profit margin: 0% (down from 0.4% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Announcement • Mar 01
Konark Synthetic Limited to Report Q3, 2025 Final Results on Mar 05, 2025 Konark Synthetic Limited announced that they will report Q3, 2025 final results on Mar 05, 2025 Buy Or Sell Opportunity • Feb 28
Now 21% undervalued Over the last 90 days, the stock has risen 7.0% to ₹28.42. The fair value is estimated to be ₹36.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 53%. Announcement • Feb 10
Konark Synthetic Limited Appoints Mrs. Prerna Gupta as Company Secretary and Compliance Officer Konark Synthetic Limited informed that on basis of recommendation of Nomination and Remuneration Committee, the Board of Directors of the Company at their meeting held on 10th February, 2025 appointed Mrs. Prerna Gupta (Membership No. A38869) as Company Secretary and Compliance Officer of the Company w.e.f. 10th February 2025. Mrs. Prerna Gupta is an Associate Member of Institute of Company Secretaries of India (ICSI). She is also a Law Graduate. She is having post qualification experience of more than 5 years in Corporate law and SEBI Rules and Regulations. Announcement • Feb 07
Konark Synthetic Limited to Report Q3, 2025 Results on Feb 14, 2025 Konark Synthetic Limited announced that they will report Q3, 2025 results on Feb 14, 2025 Buy Or Sell Opportunity • Jan 14
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 23% to ₹31.83. The fair value is estimated to be ₹40.10, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 53%. Announcement • Nov 09
Konark Synthetic Limited to Report Q2, 2025 Results on Nov 14, 2024 Konark Synthetic Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Valuation Update With 7 Day Price Move • Nov 05
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹28.50, the stock trades at a trailing P/E ratio of 17.4x. Average trailing P/E is 30x in the Luxury industry in India. Total returns to shareholders of 79% over the past three years. Announcement • Nov 01
Nilam Chaudhary agreed to acquire an unknown minority stake in Konark Infratech Private Limited from Konark Synthetic Limited (BSE:514128) for INR 0.28 million. Nilam Chaudhary agreed to acquire an unknown minority stake in Konark Infratech Private Limited from Konark Synthetic Limited (BSE:514128) for INR 0.28 million on October 30, 2024. Nilam Chaudhary will acquire 0.028 million shares at a price of INR 10 per share.
For the period ending March 31, 2024, Konark Infratech Private Limited reported total revenue of INR 0.23 million. The transaction is expected to complete within 30 days. Valuation Update With 7 Day Price Move • Sep 21
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to ₹50.80, the stock trades at a trailing P/E ratio of 31.1x. Average trailing P/E is 31x in the Luxury industry in India. Total returns to shareholders of 218% over the past three years. Announcement • Sep 09
Konark Synthetic Limited, Annual General Meeting, Sep 30, 2024 Konark Synthetic Limited, Annual General Meeting, Sep 30, 2024, at 15:30 Indian Standard Time. Location: bgld no.7, mittal industrial estste, andheri kurla road, sakinaka, mumbai - 400059, India Valuation Update With 7 Day Price Move • Sep 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹27.88, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 30x in the Luxury industry in India. Total returns to shareholders of 75% over the past three years. Valuation Update With 7 Day Price Move • Aug 22
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹25.42, the stock trades at a trailing P/E ratio of 15.5x. Average trailing P/E is 29x in the Luxury industry in India. Total returns to shareholders of 59% over the past three years. Reported Earnings • Aug 16
First quarter 2025 earnings released: ₹0.41 loss per share (vs ₹1.78 loss in 1Q 2024) First quarter 2025 results: ₹0.41 loss per share (improved from ₹1.78 loss in 1Q 2024). Revenue: ₹54.8m (down 42% from 1Q 2024). Net loss: ₹2.35m (loss narrowed 77% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Aug 14
Now 20% undervalued Over the last 90 days, the stock has risen 2.7% to ₹21.29. The fair value is estimated to be ₹26.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Meanwhile, the company has become profitable. New Risk • Aug 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 8.3% 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 (0.7x net interest cover). Market cap is less than US$10m (₹133.8m market cap, or US$1.59m). Minor Risk Share price has been volatile over the past 3 months (8.3% average weekly change). Announcement • Aug 08
Konark Synthetic Limited to Report Q1, 2025 Results on Aug 14, 2024 Konark Synthetic Limited announced that they will report Q1, 2025 results on Aug 14, 2024 Announcement • May 24
Konark Synthetic Limited to Report Q4, 2024 Results on May 30, 2024 Konark Synthetic Limited announced that they will report Q4, 2024 results on May 30, 2024 Reported Earnings • Feb 16
Third quarter 2024 earnings released: EPS: ₹0.10 (vs ₹0.82 loss in 3Q 2023) Third quarter 2024 results: EPS: ₹0.10 (up from ₹0.82 loss in 3Q 2023). Revenue: ₹144.6m (up 29% from 3Q 2023). Net income: ₹561.0k (up ₹5.33m from 3Q 2023). Profit margin: 0.4% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Feb 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 7.9% 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 Less than 1 year of cash runway based on free cash flow trend (-₹8.7m free cash flow). Market cap is less than US$10m (₹129.9m market cap, or US$1.56m). Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Revenue is less than US$5m (₹386m revenue, or US$4.7m). Announcement • Feb 07
Konark Synthetic Limited to Report Q3, 2024 Results on Feb 14, 2024 Konark Synthetic Limited announced that they will report Q3, 2024 results on Feb 14, 2024 New Risk • Nov 23
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₹8.7m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹8.7m free cash flow). Market cap is less than US$10m (₹83.1m market cap, or US$997.3k). Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Revenue is less than US$5m (₹386m revenue, or US$4.6m). Announcement • Nov 04
Konark Synthetic Limited to Report Q2, 2024 Results on Nov 10, 2023 Konark Synthetic Limited announced that they will report Q2, 2024 results on Nov 10, 2023 Announcement • Oct 13
Konark Synthetic Limited Announces Appointment of Nikunj Haresh Gatecha as Company Secretary Konark Synthetic Limited announced at the board meeting held on October 12, 2023, approved appointed Mr. Nikunj Haresh Gatecha as Company Secretary and Compliance Officer of the Company with effect from 12th October, 2023. Mr. Nikunj Gatecha is an Associate Member of Institute of Company Secretaries of India (ICSI). He is also a Law Graduate and is having a Masters Degree in Commerce. He is having post qualification experience of 5 years. Board Change • Sep 07
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. No highly experienced directors. Additional Non-Executive Director Anshul Agarwal is the most experienced director on the board, commencing their role in 2022. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • Sep 06
Konark Synthetic Limited, Annual General Meeting, Sep 30, 2023 Konark Synthetic Limited, Annual General Meeting, Sep 30, 2023, at 15:30 Indian Standard Time. New Risk • Aug 17
New minor risk - Revenue size The company makes less than US$5m in revenue. Total revenue: ₹403m (US$4.8m) This is considered a minor risk. Companies with a small amount of revenue 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 Shares are highly illiquid. Negative equity (-₹519m). Market cap is less than US$10m (₹86.9m market cap, or US$1.05m). Minor Risk Revenue is less than US$5m (₹403m revenue, or US$4.8m). Reported Earnings • Aug 16
First quarter 2024 earnings released: ₹0.18 loss per share (vs ₹1.07 loss in 1Q 2023) First quarter 2024 results: ₹0.18 loss per share. Revenue: ₹96.1m (down 42% from 1Q 2023). Net loss: ₹12.6m (loss widened 102% from 1Q 2023). Board Change • Jul 31
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. No highly experienced directors. Additional Non-Executive Director Anshul Agarwal is the most experienced director on the board, commencing their role in 2022. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Jun 02
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. No highly experienced directors. Additional Non-Executive Director Anshul Agarwal is the most experienced director on the board, commencing their role in 2022. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • May 12
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. No highly experienced directors. Additional Non-Executive Director Anshul Agarwal is the most experienced director on the board, commencing their role in 2022. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 25
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. No highly experienced directors. Additional Non-Executive Director Anshul Agarwal is the most experienced director on the board, commencing their role in 2022. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 16
Third quarter 2023 earnings released: ₹0.82 loss per share (vs ₹0.03 profit in 3Q 2022) Third quarter 2023 results: ₹0.82 loss per share (down from ₹0.03 profit in 3Q 2022). Revenue: ₹115.1m (down 14% from 3Q 2022). Net loss: ₹4.77m (down ₹4.96m from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Feb 07
Konark Synthetic Limited to Report Q3, 2023 Results on Feb 14, 2023 Konark Synthetic Limited announced that they will report Q3, 2023 results on Feb 14, 2023 Board Change • Feb 06
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. No highly experienced directors. Additional Non-Executive Director Anshul Agarwal is the most experienced director on the board, commencing their role in 2022. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Nov 16
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. No highly experienced directors. Additional Non-Executive Director Anshul Agarwal is the most experienced director on the board, commencing their role in 2022. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Sep 19
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. No highly experienced directors. Additional Non-Executive Director Shonit Dalmia is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 18
First quarter 2023 earnings released: ₹0.25 loss per share (vs ₹1.93 loss in 1Q 2022) First quarter 2023 results: ₹0.25 loss per share (up from ₹1.93 loss in 1Q 2022). Revenue: ₹166.5m (up 173% from 1Q 2022). Net loss: ₹1.47m (loss narrowed 87% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Announcement • Aug 07
Konark Synthetic Limited to Report Q1, 2023 Results on Aug 13, 2022 Konark Synthetic Limited announced that they will report Q1, 2023 results on Aug 13, 2022 Board Change • Aug 02
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. No highly experienced directors. Additional Non-Executive Director Shonit Dalmia is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Jul 20
Less than half of directors are independent There are 3 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Additional Non-Executive Director Shonit Dalmia is the most experienced director on the board, commencing their role in 2021. Additional Non-Executive Independent Director Riyazuddin Khan was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Announcement • Jun 30
Konark Synthetic Limited Appoints Anshul Agarwal as Non-Executive Additional Director Konark Synthetic Limited at its board meeting held on June 28, 2022, approved appointment of Anshul Agarwal as an Additional Director (Non-Executive) on the board of the company with effect from June 28, 2022. He is a Batchelor of Engineering and business administration from SP Jain Institute. He is experience of running a business of more than 15 years. Announcement • Jun 28
Konark Synthetic Limited Announces Resignation of Amitabh Ramswaroop Kejriwal as Managing Director Konark Synthetic Limited announced that Mr. Amitabh Ramswaroop Kejriwal, Managing Director of the Company has vide his resignation dated 24 June 2022, resigned from the Board of the company. Announcement • Apr 03
Konark Synthetic Limited Approves Appointment of Indrajit Kanase as Company Secretary and Compliance Officer Konark Synthetic Limited at its board meeting held on April 1, 2022 approved the appointment of Indrajit Kanase as the Company Secretary and Compliance Officer with effect from April 1, 2022. Reported Earnings • Feb 17
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.03 (up from ₹1.49 loss in 3Q 2021). Revenue: ₹136.9m (up ₹115.3m from 3Q 2021). Net income: ₹192.0k (up ₹8.84m from 3Q 2021). Profit margin: 0.1% (up from net loss in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Announcement • Feb 08
Konark Synthetic Limited to Report Q3, 2022 Results on Feb 14, 2022 Konark Synthetic Limited announced that they will report Q3, 2022 results on Feb 14, 2022 Reported Earnings • Jul 09
Full year 2021 earnings released: ₹18.04 loss per share (vs ₹41.47 loss in FY 2020) The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2021 results: Revenue: ₹183.8m (down 74% from FY 2020). Net loss: ₹104.8m (loss narrowed 56% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 14% per year. Reported Earnings • Feb 17
Third quarter 2021 earnings released: ₹1.49 loss per share (vs ₹25.09 loss in 3Q 2020) The company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2021 results: Revenue: ₹20.1m (down 89% from 3Q 2020). Net loss: ₹8.65m (loss narrowed 94% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 24% per year whereas the company’s share price has fallen by 22% per year. Is New 90 Day High Low • Jan 22
New 90-day low: ₹7.00 The company is down 33% from its price of ₹10.50 on 23 October 2020. The Indian market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 23% over the same period. Is New 90 Day High Low • Dec 31
New 90-day low: ₹7.60 The company is down 24% from its price of ₹10.00 on 01 October 2020. The Indian market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 24% over the same period. Is New 90 Day High Low • Dec 14
New 90-day low: ₹8.52 The company is down 4.0% from its price of ₹8.88 on 15 September 2020. The Indian market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 19% over the same period. Is New 90 Day High Low • Oct 23
New 90-day high: ₹10.50 The company is up 4.0% from its price of ₹10.05 on 24 July 2020. The Indian market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 15% over the same period. Reported Earnings • Sep 24
First quarter earnings released Over the last 12 months the company has reported total losses of ₹247.6m, with losses widening by 260% from the prior year. Total revenue was ₹511.2m over the last 12 months, down 32% from the prior year. Announcement • Sep 18
Konark Synthetic Limited to Report Q1, 2021 Results on Sep 23, 2020 Konark Synthetic Limited announced that they will report Q1, 2021 results on Sep 23, 2020 
