Reported Earnings • May 31
Full year 2026 earnings released: ₹3.76 loss per share (vs ₹2.56 profit in FY 2025) Full year 2026 results: ₹3.76 loss per share (down from ₹2.56 profit in FY 2025). Revenue: ₹3.87b (up 3.9% from FY 2025). Net loss: ₹87.4m (down 247% from profit in FY 2025). New Risk • May 23
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 10% 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 Interest payments are not well covered by earnings (0.06x net interest cover). Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 6.2% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₹1.28b market cap, or US$13.4m). New Risk • Mar 05
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 Risks Interest payments are not well covered by earnings (0.06x net interest cover). Earnings have declined by 6.2% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Market cap is less than US$100m (₹1.27b market cap, or US$13.8m). Reported Earnings • Dec 31
First half 2026 earnings released: ₹1.94 loss per share (vs ₹2.07 profit in 1H 2025) First half 2026 results: ₹1.94 loss per share (down from ₹2.07 profit in 1H 2025). Revenue: ₹1.80b (up 5.4% from 1H 2025). Net loss: ₹45.1m (down 194% from profit in 1H 2025). New Risk • Dec 30
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 16% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Earnings have declined by 6.2% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₹1.30b market cap, or US$14.5m). Announcement • Dec 26
Greenchef Appliances Limited to Report First Half, 2026 Results on Dec 27, 2025 Greenchef Appliances Limited announced that they will report first half, 2026 results on Dec 27, 2025 New Risk • Sep 11
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 6.6% 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 Interest payments are not well covered by earnings (2.1x net interest cover). Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Share price has been volatile over the past 3 months (6.6% average weekly change). Market cap is less than US$100m (₹1.63b market cap, or US$18.5m). Announcement • Sep 04
Greenchef Appliances Limited, Annual General Meeting, Sep 27, 2025 Greenchef Appliances Limited, Annual General Meeting, Sep 27, 2025, at 11:30 Indian Standard Time. Location: co. at no. 246, sompura 1st stage, sy no.133 & 141, niduvanda village, sompura hobli, nelemangala taluk, devarahosahalli, bangalore-562111, bangalore India New Risk • Jul 15
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.1x net interest cover). Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Market cap is less than US$100m (₹1.41b market cap, or US$16.4m). New Risk • Mar 03
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 9.4% 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 Interest payments are not well covered by earnings (2.1x net interest cover). Share price has been highly volatile over the past 3 months (9.4% average weekly change). Minor Risk Market cap is less than US$100m (₹1.49b market cap, or US$17.0m). Valuation Update With 7 Day Price Move • Jan 03
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹84.90, the stock trades at a trailing P/E ratio of 34.4x. Average trailing P/E is 54x in the Consumer Durables industry in India. Total loss to shareholders of 21% over the past year. New Risk • Jan 01
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 Interest payments are not well covered by earnings (2.1x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Market cap is less than US$100m (₹1.84b market cap, or US$21.4m). Reported Earnings • Jan 01
First half 2025 earnings released First half 2025 results: EPS: ₹2.07. Net income: ₹48.1m (up ₹48.1m from 1H 2024). New Risk • Dec 31
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 39% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.3x net interest cover). High level of non-cash earnings (39% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (1.5% net profit margin). Market cap is less than US$100m (₹1.98b market cap, or US$23.1m). Announcement • Oct 05
Greenchef Appliances Limited Announces Resignation of Mr. Smith Kumar Mogra as Independent Director Greenchef Appliances Limited informed that Mr. Smith Kumar Mogra vide letter dated October 4th, 2024, has tendered his resignation as an Independent Director of the Company, with effect from close of business hours on October 4, 2024. While taking note of the above, the Board of Directors of the Company placed on record its appreciation for the valuable contribution and guidance provided by Mr. Smith Kumar Mogra during his association with the Company as an Independent Director. Announcement • Sep 16
Greenchef Appliances Limited, Annual General Meeting, Sep 28, 2024 Greenchef Appliances Limited, Annual General Meeting, Sep 28, 2024, at 16:00 Indian Standard Time. Location: co. at no. 246, sompura 1st stage, sy no.133 & 141, niduvanda village, sompura hobli, nelemangala taluk, devarahosahalli, bangalore-562111, bangalore India Valuation Update With 7 Day Price Move • Jul 16
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹86.70, the stock trades at a trailing P/E ratio of 41.8x. Average trailing P/E is 53x in the Consumer Durables industry in India. Total loss to shareholders of 17% over the past year. Announcement • Apr 06
Greenchef Appliances Limited Announces Resignation of Aarti Panigrahi as Company Secretary of the Company Greenchef Appliances Limited announced resignation of Aarti Panigrahi as Company Secretary of the Company effective from March 29, 2024 at its board meeting held on April 04, 2024. Announcement • Apr 05
Greenchef Appliances Limited Appoints Keerthi S Raj as Company Secretary & Compliance Officer, Effective April 15, 2024 Greenchef Appliances Limited announced that KEERTHI S RAJ has been appointed by the Board as a Company Secretary & Compliance Officer of the Company in their Board Meeting held onApril 04, 2024 2024 based on the recommendation of Nomination & Remuneration Committee, effective from April 15, 2024. CS KEERTHI S RAJ is an Associate Member of the Institute of Company Secretaries of India and has experience in dealing with matters of Companies Act, Listing Regulations and allied laws. Valuation Update With 7 Day Price Move • Apr 02
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹88.80, the stock trades at a trailing P/E ratio of 19.7x. Average trailing P/E is 42x in the Consumer Durables industry in India. New Risk • Apr 01
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 9.6% 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 Revenue has declined by 2.4% over the past year. Minor Risks High level of debt (106% net debt to equity). Latest financial reports are more than 6 months old (reported March 2023 fiscal period end). Share price has been volatile over the past 3 months (9.6% average weekly change). Market cap is less than US$100m (₹1.93b market cap, or US$23.1m). New Risk • Mar 24
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Revenue has declined by 2.4% over the past year. Minor Risks High level of debt (106% net debt to equity). Latest financial reports are more than 6 months old (reported March 2023 fiscal period end). Market cap is less than US$100m (₹1.78b market cap, or US$21.3m). Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹106, the stock trades at a trailing P/E ratio of 23.6x. Average trailing P/E is 41x in the Consumer Durables industry in India. New Risk • Sep 12
New major risk - Revenue and earnings growth Revenue has declined by 2.4% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.7% average weekly change). Revenue has declined by 2.4% over the past year. Minor Risks High level of debt (106% net debt to equity). Market cap is less than US$100m (₹2.91b market cap, or US$35.1m). Board Change • Jul 07
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Japna Choudhary was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 