Announcement • May 20
Source Industries (India) Limited to Report Q4, 2026 Results on May 25, 2026 Source Industries (India) Limited announced that they will report Q4, 2026 results on May 25, 2026 Reported Earnings • Feb 15
Third quarter 2026 earnings released: EPS: ₹0.02 (vs ₹0.02 loss in 3Q 2025) Third quarter 2026 results: EPS: ₹0.02 (up from ₹0.02 loss in 3Q 2025). Revenue: ₹967.0k (up ₹864.0k from 3Q 2025). Net income: ₹227.0k (up ₹476.0k from 3Q 2025). Profit margin: 24% (up from net loss in 3Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Board Change • Feb 09
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Independent Director Venkata Kodakalla is the most experienced director on the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Feb 07
Source Industries (India) Limited to Report Q3, 2026 Results on Feb 13, 2026 Source Industries (India) Limited announced that they will report Q3, 2026 results on Feb 13, 2026 Board Change • Jan 12
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Independent Director Venkata Kodakalla is the most experienced director on the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Dec 01
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Independent Director Venkata Kodakalla is the most experienced director on the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Nov 17
Second quarter 2026 earnings released: EPS: ₹0.03 (vs ₹0.02 loss in 2Q 2025) Second quarter 2026 results: EPS: ₹0.03 (up from ₹0.02 loss in 2Q 2025). Revenue: ₹900.0k (up ₹802.0k from 2Q 2025). Net income: ₹368.0k (up ₹617.0k from 2Q 2025). Profit margin: 41% (up from net loss in 2Q 2025). The move to profitability was driven by higher revenue. Board Change • Nov 10
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Independent Director Venkata Kodakalla is the most experienced director on the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Nov 05
Source Industries (India) Limited to Report Q2, 2026 Results on Nov 14, 2025 Source Industries (India) Limited announced that they will report Q2, 2026 results at 3:30 PM, Indian Standard Time on Nov 14, 2025 Board Change • Aug 06
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. 1 highly experienced director. Independent Director Yerappagadda Rao is the most experienced director on the board, commencing their role in 2009. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Jul 29
Source Industries (India) Limited, Annual General Meeting, Sep 10, 2025 Source Industries (India) Limited, Annual General Meeting, Sep 10, 2025. Announcement • Jul 23
Source Industries (India) Limited to Report Q1, 2026 Results on Jul 28, 2025 Source Industries (India) Limited announced that they will report Q1, 2026 results on Jul 28, 2025 Announcement • May 22
Source Industries (India) Limited to Report Q4, 2025 Results on May 30, 2025 Source Industries (India) Limited announced that they will report Q4, 2025 results on May 30, 2025 Reported Earnings • Feb 17
Third quarter 2025 earnings released: ₹0.02 loss per share (vs ₹0.02 loss in 3Q 2024) Third quarter 2025 results: ₹0.02 loss per share (in line with 3Q 2024). Net loss: ₹249.0k (loss widened 29% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 21% 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 05
Source Industries (India) Limited to Report Q3, 2025 Results on Feb 12, 2025 Source Industries (India) Limited announced that they will report Q3, 2025 results on Feb 12, 2025 Reported Earnings • Nov 18
Second quarter 2025 earnings released: ₹0.02 loss per share (vs ₹0.09 loss in 2Q 2024) Second quarter 2025 results: ₹0.02 loss per share (improved from ₹0.09 loss in 2Q 2024). Net loss: ₹249.0k (loss narrowed 75% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Announcement • Nov 09
Source Industries (India) Limited to Report Q2, 2025 Results on Nov 13, 2024 Source Industries (India) Limited announced that they will report Q2, 2025 results on Nov 13, 2024 Announcement • Sep 13
Source Industries (India) Limited, Annual General Meeting, Sep 30, 2024 Source Industries (India) Limited, Annual General Meeting, Sep 30, 2024, at 10:30 Indian Standard Time. Location: hotel inner circle,raj bhavan rd., samajiguda,hyderabad, telangana - 500082, India Board Change • Sep 09
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. Chairman & MD Sudhakar Navath 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 05
Source Industries (India) Limited Appoints Mr. Venkata Srinivasan Kodakalla as Additional Director (Independent Director) on the Board Source Industries (India) Limited announced that at its board meeting held on September 5, 2024, the board approved the appointment of Mr. Venkata Srinivasan Kodakalla as an Additional Director (Independent Director) on the Board of the Company for a period of 5 years with effect from September 5, 2024 to September 4, 2029. Mr. Venkata Srinivasan Kodakalla holds an MBA in Marketing from Acharya Nagarjuna University, an MA in Public Personnel Management (PPM) from Osmania University, and a BScin Botany, Zoology, and Chemistry (BZC) from Andhra University. With a robust background in sales and marketing, he has acquired experience with esteemed organizations including Magna Sound India Private Limited, Melody Makers, Tips Industries Limited, Saregama India Limited, Reliance Big Entertainment Private Limited, Sumangalam Aluminum Extrusions Private Ltd, and Psycoremedies Ltd. Currently, he serves as the Finance Manager at Rich N Rich Finance and Holdings Ltd. Throughout his career, Mr. Srinivasan has achieved notable recognition, including being awarded as the best salesperson for the southern region at Tips Industries Limited and receiving two best performance awards for meeting targets at Saregama India Limited. He was also recognized as the only member to receive an award for timely excess stock liquidation from Hyderabad. Mr. Srinivasan has also undergone specialized training in sales and business development, including training conducted by NIS Sparta and business expansion training conducted by Reliance with NIS Sparta. His extensive experience and dedication to excellence have made him a valuable asset in the finance and marketing sectors. Reported Earnings • Aug 13
First quarter 2025 earnings released: ₹0.01 loss per share (vs ₹0.01 loss in 1Q 2024) First quarter 2025 results: ₹0.01 loss per share (in line with 1Q 2024). Net loss: ₹139.0k (loss narrowed 13% from 1Q 2024). 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 15% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 04
Source Industries (India) Limited to Report Q1, 2025 Results on Aug 12, 2024 Source Industries (India) Limited announced that they will report Q1, 2025 results on Aug 12, 2024 New Risk • May 30
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: -₹452k 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 (-₹452k free cash flow). Shares are highly illiquid. Earnings have declined by 0.6% per year over the past 5 years. Revenue is less than US$1m (₹657k revenue, or US$7.9k). Market cap is less than US$10m (₹30.8m market cap, or US$369.1k). Reported Earnings • May 30
Full year 2024 earnings released: ₹0.13 loss per share (vs ₹0.068 loss in FY 2023) Full year 2024 results: ₹0.13 loss per share (further deteriorated from ₹0.068 loss in FY 2023). Net loss: ₹1.46m (loss widened 92% from FY 2023). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 22
Source Industries (India) Limited to Report Q4, 2024 Results on May 28, 2024 Source Industries (India) Limited announced that they will report Q4, 2024 results on May 28, 2024 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. 1 experienced director. 3 highly experienced directors. Chairman & MD Sudhakar Navath 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 • Mar 11
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. 1 experienced director. 3 highly experienced directors. Chairman & MD Sudhakar Navath 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 • Feb 03
Source Industries (India) Limited to Report Q3, 2024 Results on Feb 14, 2024 Source Industries (India) Limited announced that they will report Q3, 2024 results on Feb 14, 2024 Announcement • Feb 01
Source Industries (India) Limited Announces Resignation of Rajshree Kapoor as Company Secretary and Compliance Officer Source Industries (India) Limited informed that Ms. Rajshree Kapoor has tendered her resignation from the post of Company Secretary & Compliance Officer of the Company vide Resignation Letter received on 1 February, 2024 with effect from the close of business hours on, February 1, 2024. Further, would like to inform that the Company has accepted his resignation and a note of same will be placed before the Board of Director in the next Board Meeting. Board Change • Nov 28
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. 1 experienced director. 3 highly experienced directors. Chairman & MD Sudhakar Navath 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 • Nov 04
Source Industries (India) Limited to Report Q2, 2024 Results on Nov 10, 2023 Source Industries (India) Limited announced that they will report Q2, 2024 results on Nov 10, 2023 Board Change • Oct 03
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. 1 experienced director. 3 highly experienced directors. Chairman & MD Sudhakar Navath 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 • Aug 30
Source Industries (India) Limited, Annual General Meeting, Sep 27, 2023 Source Industries (India) Limited, Annual General Meeting, Sep 27, 2023. Reported Earnings • Aug 17
First quarter 2024 earnings released: ₹0.01 loss per share (vs ₹0.015 loss in 1Q 2023) First quarter 2024 results: ₹0.01 loss per share (improved from ₹0.015 loss in 1Q 2023). Net loss: ₹160.0k (loss narrowed 11% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 105% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 08
Source Industries (India) Limited to Report Q1, 2024 Results on Aug 14, 2023 Source Industries (India) Limited announced that they will report Q1, 2024 results on Aug 14, 2023 Board Change • Jul 24
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. 1 experienced director. 3 highly experienced directors. Chairman & MD Sudhakar Navath 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 • Jun 28
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. 1 experienced director. 3 highly experienced directors. Chairman & MD Sudhakar Navath 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 • May 29
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. 2 experienced directors. 2 highly experienced directors. Chairman & MD Sudhakar Navath 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 • Mar 15
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. 2 experienced directors. 2 highly experienced directors. Chairman & MD Sudhakar Navath 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 • Feb 02
Source Industries (India) Limited to Report Q3, 2023 Results on Feb 13, 2023 Source Industries (India) Limited announced that they will report Q3, 2023 results at 3:30 PM, Indian Standard Time on Feb 13, 2023 Board Change • Jan 20
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. 2 experienced directors. 2 highly experienced directors. Chairman & MD Sudhakar Navath 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 • Dec 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. 2 experienced directors. 2 highly experienced directors. Chairman & MD Sudhakar Navath 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 03
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. 2 experienced directors. 2 highly experienced directors. Chairman & MD Sudhakar Navath 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 07
Source Industries (India) Limited, Annual General Meeting, Sep 30, 2022 Source Industries (India) Limited, Annual General Meeting, Sep 30, 2022, at 10:30 Indian Standard Time. Location: Hotel Inner Circle, Raj Bhavan Rd, Somajiguda Hyderabad India Agenda: To receive, consider, approve and adopt the Audited Balance Sheet of the Company as at 31st March, 2022 and the Profit and Loss account for the year ended on that date and the Report of Directors' and the Auditors thereon; to appoint a Director in place of Mrs. Lakshmi Satyasri Nekkanti (DIN - 07223878) who retires by rotation, being eligible offers herself for re-appointment; and to consider other matters. Board Change • Aug 10
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. 2 experienced directors. 2 highly experienced directors. Chairman & MD Sudhakar Navath 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 • May 26
Source Industries (India) Limited to Report Q4, 2022 Results on May 30, 2022 Source Industries (India) Limited announced that they will report Q4, 2022 results on May 30, 2022 Board Change • May 06
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. 2 experienced directors. 2 highly experienced directors. Chairman & MD Sudhakar Navath 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 • Mar 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. 2 experienced directors. 2 highly experienced directors. Chairman & MD Sudhakar Navath 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 • Jan 17
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. 2 experienced directors. 2 highly experienced directors. Chairman & MD Sudhakar Navath 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 • Dec 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. 2 experienced directors. 2 highly experienced directors. Chairman & MD Sudhakar Navath 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 • Nov 23
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. 2 experienced directors. 2 highly experienced directors. Non-Executive Non-Independent Director Lakshmi Satyasri was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Oct 18
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. 2 experienced directors. 2 highly experienced directors. Non-Executive Non-Independent Director Lakshmi Satyasri was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Sep 15
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. 2 experienced directors. 2 highly experienced directors. Non Executive Independent Director Lakshmi Satyasri was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Jun 27
Full year 2021 earnings released: ₹0.10 loss per share (vs ₹0.13 loss in FY 2020) Full year 2021 results: Net loss: ₹1.17m (loss narrowed 17% from FY 2020). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Is New 90 Day High Low • Feb 12
New 90-day high: ₹0.56 The company is up 47% from its price of ₹0.38 on 13 November 2020. The Indian market is up 22% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 21% over the same period. Announcement • Feb 04
Source Industries (India) Limited to Report Q3, 2021 Results on Feb 09, 2021 Source Industries (India) Limited announced that they will report Q3, 2021 results on Feb 09, 2021 Is New 90 Day High Low • Jan 12
New 90-day high: ₹0.50 The company is up 35% from its price of ₹0.37 on 14 October 2020. The Indian market is up 24% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 29% over the same period. Is New 90 Day High Low • Dec 31
New 90-day high: ₹0.42 The company is up 17% from its price of ₹0.36 on 25 September 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. Announcement • Dec 19
Source Industries (India) Limited Appoints Ms. Rajshree Kapoor as Company Secretary and Compliance Officer In the board meeting held on December 17, 2020, the Board of Directors of Source Industries (India) Limited have decided to appoint Ms. Rajshree Kapoor as the Company Secretary and Compliance Officer of the company with immediate effect. Is New 90 Day High Low • Dec 12
New 90-day high: ₹0.40 The company is up 18% from its price of ₹0.34 on 11 September 2020. The Indian market is up 17% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Luxury industry, which is up 22% over the same period. Announcement • Jun 22
Source Industries (India) Limited to Report Q4, 2020 Results on Jun 25, 2020 Source Industries (India) Limited announced that they will report Q4, 2020 results on Jun 25, 2020