Announcement • May 20
Alps Industries Limited to Report Q4, 2026 Results on May 30, 2026 Alps Industries Limited announced that they will report Q4, 2026 results at 12:08 PM, Indian Standard Time on May 30, 2026 Announcement • Mar 10
Alps Industries Limited to Report Q3, 2026 Results on Mar 20, 2026 Alps Industries Limited announced that they will report Q3, 2026 results on Mar 20, 2026 Announcement • Jan 14
Alps Industries Limited Announces Resignation of Vinod Kumar as Whole-Time Director, Effective January 13, 2026 The Board of Directors of Alps Industries Limited at the meeting held on January 13, 2026 approved resignation of Mr. Vinod Kumar (DIN: 03595634) as a Whole-Time Director of the Company due to some unavoidable reasons. Date of Resignation is January 13, 2026. Announcement • Nov 04
Alps Industries Limited to Report Q2, 2026 Results on Nov 14, 2025 Alps Industries Limited announced that they will report Q2, 2026 results on Nov 14, 2025 Announcement • Aug 18
Alps Industries Limited, Annual General Meeting, Sep 30, 2025 Alps Industries Limited, Annual General Meeting, Sep 30, 2025. Announcement • Aug 06
Alps Industries Limited to Report Q1, 2026 Results on Aug 14, 2025 Alps Industries Limited announced that they will report Q1, 2026 results on Aug 14, 2025 Announcement • May 20
Alps Industries Limited to Report Q4, 2025 Results on May 30, 2025 Alps Industries Limited announced that they will report Q4, 2025 results on May 30, 2025 Announcement • Feb 04
Alps Industries Limited to Report Q3, 2025 Results on Feb 14, 2025 Alps Industries Limited announced that they will report Q3, 2025 results on Feb 14, 2025 Announcement • Nov 05
Alps Industries Limited to Report Q2, 2025 Results on Nov 14, 2024 Alps Industries Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Announcement • Oct 07
Alps Industries Limited Announces Quarterly Disclosure of Default on Loans Alps Industries Limited announced Quarterly Disclosure of default on loans, including revolving facilities like cash credit: Total financial indebtedness of the listed entity including short-term and long-term debt: INR 8,596.3 million. New Risk • Sep 05
New major risk - Negative shareholders equity The company has negative equity. Total equity: -₹8.3b This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Negative equity (-₹8.3b). Revenue is less than US$1m (₹35m revenue, or US$415k). Market cap is less than US$10m (₹150.6m market cap, or US$1.79m). Announcement • Aug 16
Alps Industries Limited, Annual General Meeting, Sep 30, 2024 Alps Industries Limited, Annual General Meeting, Sep 30, 2024. Reported Earnings • Aug 16
First quarter 2025 earnings released: ₹4.04 loss per share (vs ₹3.41 loss in 1Q 2024) First quarter 2025 results: ₹4.04 loss per share (further deteriorated from ₹3.41 loss in 1Q 2024). Revenue: ₹239.0k (down 99% from 1Q 2024). Net loss: ₹158.1m (loss widened 18% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 04
Alps Industries Limited to Report Q1, 2025 Results on Aug 14, 2024 Alps Industries Limited announced that they will report Q1, 2025 results on Aug 14, 2024 Reported Earnings • May 11
Full year 2024 earnings released: ₹14.38 loss per share (vs ₹15.30 loss in FY 2023) Full year 2024 results: ₹14.38 loss per share (improved from ₹15.30 loss in FY 2023). Revenue: ₹56.7m (down 71% from FY 2023). Net loss: ₹562.4m (loss narrowed 6.0% from FY 2023). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Feb 19
Third quarter 2024 earnings released: ₹3.84 loss per share (vs ₹3.60 loss in 3Q 2023) Third quarter 2024 results: ₹3.84 loss per share (further deteriorated from ₹3.60 loss in 3Q 2023). Revenue: ₹556.0k (down 96% from 3Q 2023). Net loss: ₹150.2m (loss widened 6.6% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 8% per year. Announcement • Feb 03
Alps Industries Limited to Report Q3, 2024 Results on Feb 14, 2024 Alps Industries Limited announced that they will report Q3, 2024 results on Feb 14, 2024 Recent Insider Transactions • Dec 27
MD, CEO & Executive Director recently sold ₹102k worth of stock On the 22nd of December, Sandeep Agarwal sold around 50k shares on-market at roughly ₹2.05 per share. This transaction amounted to 53% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Sandeep's only on-market trade for the last 12 months. New Risk • Dec 12
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 7.4% 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 Revenue is less than US$1m (₹69m revenue, or US$825k). Market cap is less than US$10m (₹90.0m market cap, or US$1.08m). Minor Risks Negative equity (-₹8.0b). Share price has been volatile over the past 3 months (7.4% average weekly change). Reported Earnings • Oct 31
Second quarter 2024 earnings released: ₹3.56 loss per share (vs ₹3.59 loss in 2Q 2023) Second quarter 2024 results: ₹3.56 loss per share (improved from ₹3.59 loss in 2Q 2023). Revenue: ₹21.3m (up 1.6% from 2Q 2023). Net loss: ₹139.2m (flat on 2Q 2023). Over the last 3 years on average, earnings per share has increased by 15% 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 • Oct 18
Alps Industries Limited to Report Q2, 2024 Results on Oct 27, 2023 Alps Industries Limited announced that they will report Q2, 2024 results on Oct 27, 2023 Reported Earnings • Aug 14
First quarter 2024 earnings released: ₹3.41 loss per share (vs ₹3.49 loss in 1Q 2023) First quarter 2024 results: ₹3.41 loss per share (improved from ₹3.49 loss in 1Q 2023). Revenue: ₹22.1m (down 83% from 1Q 2023). Net loss: ₹133.6m (loss narrowed 2.2% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 16% per year. Announcement • Aug 03
Alps Industries Limited to Report Q1, 2024 Results on Aug 12, 2023 Alps Industries Limited announced that they will report Q1, 2024 results on Aug 12, 2023 Announcement • Jun 02
Alps Industries Limited, Annual General Meeting, Jul 18, 2023 Alps Industries Limited, Annual General Meeting, Jul 18, 2023, at 15:00 Indian Standard Time. Location: Plot No. 15-B, G.T. Road, Chaudhary Morh Ghaziabad Uttar Pradesh India Agenda: To consider, approve and adopt the audited balance sheet for the financial year ended on March 31, 2023, the statement of Profit and Loss Account for the year ended on that date, cash flow and the Reports of the Board of Directors and Auditors thereon; to appoint a director in place of Mr. Sandeep Agarwal, Managing Director Non-independent and Executive Promoter Director designated as Managing Director, retires by rotation and being eligible, offers himself for the reappointment; and to consider and approve the reappointment of Mr. Pramod Kumar Rajput, Whole Time Director as Executive Director for a further period of three years. Reported Earnings • Feb 06
Third quarter 2023 earnings released: ₹3.60 loss per share (vs ₹4.12 loss in 3Q 2022) Third quarter 2023 results: ₹3.60 loss per share (improved from ₹4.12 loss in 3Q 2022). Revenue: ₹14.7m (down 98% from 3Q 2022). Net loss: ₹140.8m (loss narrowed 13% from 3Q 2022). 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 22% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 23
Alps Industries Limited to Report Q3, 2023 Results on Feb 03, 2023 Alps Industries Limited announced that they will report Q3, 2023 results on Feb 03, 2023 Reported Earnings • Nov 20
Second quarter 2023 earnings released: ₹3.59 loss per share (vs ₹3.88 loss in 2Q 2022) Second quarter 2023 results: ₹3.59 loss per share (improved from ₹3.88 loss in 2Q 2022). Revenue: ₹23.5m (down 98% from 2Q 2022). Net loss: ₹140.4m (loss narrowed 7.3% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 15
First quarter 2023 earnings released: ₹3.49 loss per share (vs ₹3.73 loss in 1Q 2022) First quarter 2023 results: ₹3.49 loss per share (up from ₹3.73 loss in 1Q 2022). Revenue: ₹147.3m (down 81% from 1Q 2022). Net loss: ₹136.5m (loss narrowed 6.3% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 75% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Jul 09
Full year 2022 earnings released: ₹21.20 loss per share (vs ₹19.16 loss in FY 2021) Full year 2022 results: ₹21.20 loss per share (down from ₹19.16 loss in FY 2021). Revenue: ₹3.02b (up 19% from FY 2021). Net loss: ₹829.0m (loss widened 11% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings. Reported Earnings • Jun 03
Full year 2022 earnings released: ₹21.20 loss per share (vs ₹19.16 loss in FY 2021) Full year 2022 results: ₹21.20 loss per share (down from ₹19.16 loss in FY 2021). Revenue: ₹3.06b (up 20% from FY 2021). Net loss: ₹829.0m (loss widened 11% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 61% per year, which means it is well ahead of earnings. Board Change • May 02
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. 4 highly experienced directors. Independent Woman Director Deepika Shergill was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 17
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: ₹4.12 loss per share (up from ₹4.31 loss in 3Q 2021). Revenue: ₹847.5m (up 15% from 3Q 2021). Net loss: ₹161.0m (loss narrowed 4.4% from 3Q 2021). Revenue was in line with analyst estimates. 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 6% per year, which means it is well ahead of earnings. Reported Earnings • Jul 05
Full year 2021 earnings released: ₹19.20 loss per share (vs ₹28.70 loss in FY 2020) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2021 results: Revenue: ₹2.55b (down 20% from FY 2020). Net loss: ₹749.3m (loss narrowed 33% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Reported Earnings • Feb 14
Third quarter 2021 earnings released: ₹4.31 loss per share (vs ₹4.02 loss in 3Q 2020) The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: ₹735.9m (down 6.0% from 3Q 2020). Net loss: ₹168.4m (loss widened 7.3% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings. Is New 90 Day High Low • Jan 18
New 90-day high: ₹2.20 The company is up 100% from its price of ₹1.10 on 20 October 2020. The Indian market is up 23% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 24% over the same period. Is New 90 Day High Low • Dec 19
New 90-day high: ₹2.00 The company is up 48% from its price of ₹1.35 on 18 September 2020. The Indian market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 26% over the same period. Is New 90 Day High Low • Oct 23
New 90-day low: ₹1.00 The company is down 23% from its price of ₹1.30 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. 
