New Risk • May 11
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹940.9m (US$9.88m) 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 Revenue is less than US$1m (₹13m revenue, or US$140k). Market cap is less than US$10m (₹940.9m market cap, or US$9.88m). Buy Or Sell Opportunity • Mar 27
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 29% to ₹7.12. The fair value is estimated to be ₹9.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 7.6%. New Risk • Mar 02
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹914.0m (US$9.99m) 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 Revenue is less than US$1m (₹13m revenue, or US$146k). Market cap is less than US$10m (₹914.0m market cap, or US$9.99m). Buy Or Sell Opportunity • Jan 16
Now 21% overvalued Over the last 90 days, the stock has fallen 11% to ₹10.71. The fair value is estimated to be ₹8.86, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 7.6%. Reported Earnings • Jan 15
Third quarter 2026 earnings released: EPS: ₹0.025 (vs ₹0.009 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.025 (up from ₹0.009 in 3Q 2025). Revenue: ₹5.66m (up 83% from 3Q 2025). Net income: ₹2.81m (up 189% from 3Q 2025). Profit margin: 50% (up from 32% in 3Q 2025). The increase in margin was driven by higher revenue. New Risk • Oct 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 4.9% 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 Risk Revenue is less than US$1m (₹13m revenue, or US$142k). Minor Risks Share price has been volatile over the past 3 months (4.9% average weekly change). Profit margins are more than 30% lower than last year (30% net profit margin). Market cap is less than US$100m (₹849.1m market cap, or US$9.61m). Reported Earnings • Oct 15
Second quarter 2026 earnings released: EPS: ₹0.01 (vs ₹0.002 in 2Q 2025) Second quarter 2026 results: EPS: ₹0.01 (up from ₹0.002 in 2Q 2025). Revenue: ₹3.42m (up 25% from 2Q 2025). Net income: ₹1.12m (up ₹935.0k from 2Q 2025). Profit margin: 33% (up from 6.6% in 2Q 2025). The increase in margin was primarily driven by higher revenue. New Risk • Oct 08
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹864.8m (US$9.74m) 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 Revenue is less than US$1m (₹12m revenue, or US$134k). Market cap is less than US$10m (₹864.8m market cap, or US$9.74m). Minor Risk Profit margins are more than 30% lower than last year (24% net profit margin). Reported Earnings • Jul 10
Full year 2025 earnings released: EPS: ₹0.021 (vs ₹0.22 in FY 2024) Full year 2025 results: EPS: ₹0.021 (down from ₹0.22 in FY 2024). Revenue: ₹11.3m (up 26% from FY 2024). Net income: ₹2.32m (down 90% from FY 2024). Profit margin: 21% (down from 270% in FY 2024). Announcement • Jul 06
BITS Limited, Annual General Meeting, Aug 03, 2025 BITS Limited, Annual General Meeting, Aug 03, 2025, at 12:00 Indian Standard Time. Reported Earnings • May 28
Full year 2025 earnings released: EPS: ₹0.021 (vs ₹0.22 in FY 2024) Full year 2025 results: EPS: ₹0.021 (down from ₹0.22 in FY 2024). Revenue: ₹11.7m (up 31% from FY 2024). Net income: ₹2.32m (down 90% from FY 2024). Profit margin: 20% (down from 270% in FY 2024). Announcement • May 21
BITS Limited to Report Q4, 2025 Results on May 26, 2025 BITS Limited announced that they will report Q4, 2025 results at 12:15 PM, Indian Standard Time on May 26, 2025 New Risk • Mar 27
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 8.4% 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 Risk Revenue is less than US$1m (₹11m revenue, or US$125k). Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Profit margins are more than 30% lower than last year (17% net profit margin). Market cap is less than US$100m (₹1.46b market cap, or US$17.1m). Reported Earnings • Feb 08
Third quarter 2025 earnings released: EPS: ₹0.009 (vs ₹0.21 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.009 (down from ₹0.21 in 3Q 2024). Revenue: ₹3.27m (up 43% from 3Q 2024). Net income: ₹972.0k (down 96% from 3Q 2024). Profit margin: 30% (down from 1,016% in 3Q 2024). New Risk • Feb 07
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 Risk Revenue is less than US$1m (₹9.9m revenue, or US$114k). Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Market cap is less than US$100m (₹1.49b market cap, or US$17.0m). Valuation Update With 7 Day Price Move • Feb 03
Investor sentiment deteriorates as stock falls 26% After last week's 26% share price decline to ₹12.70, the stock trades at a trailing P/E ratio of 58.7x. Average trailing P/E is 48x in the Consumer Services industry in India. Total returns to shareholders of 383% over the past year. Buy Or Sell Opportunity • Jan 31
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 36% to ₹14.06. The fair value is estimated to be ₹17.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company has become profitable. Announcement • Jan 24
BITS Limited to Report Q3, 2025 Results on Jan 30, 2025 BITS Limited announced that they will report Q3, 2025 results on Jan 30, 2025 Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to ₹16.50, the stock trades at a trailing P/E ratio of 76.3x. Average trailing P/E is 51x in the Consumer Services industry in India. Total returns to shareholders of 633% over the past year. Reported Earnings • Nov 07
Second quarter 2025 earnings released: EPS: ₹0.002 (vs ₹0.001 in 2Q 2024) Second quarter 2025 results: EPS: ₹0.002 (up from ₹0.001 in 2Q 2024). Net income: ₹180.0k (up 22% from 2Q 2024). Announcement • Oct 31
BITS Limited to Report Q2, 2025 Results on Nov 06, 2024 BITS Limited announced that they will report Q2, 2025 results on Nov 06, 2024 Announcement • Aug 24
BITS Limited, Annual General Meeting, Sep 22, 2024 BITS Limited, Annual General Meeting, Sep 22, 2024, at 13:30 Indian Standard Time. Reported Earnings • Aug 14
First quarter 2025 earnings released: EPS: ₹0.003 (vs ₹0.003 in 1Q 2024) First quarter 2025 results: EPS: ₹0.003 (in line with 1Q 2024). Net income: ₹346.0k (up 16% from 1Q 2024). Announcement • Aug 05
BITS Limited to Report Q1, 2025 Results on Aug 12, 2024 BITS Limited announced that they will report Q1, 2025 results on Aug 12, 2024 Valuation Update With 7 Day Price Move • Jul 09
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹4.18, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 41x in the Consumer Services industry in India. Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: ₹0.22 (vs ₹0.005 loss in FY 2023) Full year 2024 results: EPS: ₹0.22 (up from ₹0.005 loss in FY 2023). Net income: ₹24.1m (up ₹24.7m from FY 2023). Announcement • May 24
BITS Limited to Report Q4, 2024 Results on May 29, 2024 BITS Limited announced that they will report Q4, 2024 results on May 29, 2024 Valuation Update With 7 Day Price Move • May 23
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹3.19, the stock trades at a trailing P/E ratio of 16.3x. Average trailing P/E is 56x in the Consumer Services industry in India. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹2.95, the stock trades at a trailing P/E ratio of 15.1x. Average trailing P/E is 36x in the Consumer Services industry in India. Reported Earnings • Jan 30
Third quarter 2024 earnings released: EPS: ₹0.21 (vs ₹0.001 loss in 3Q 2023) Third quarter 2024 results: EPS: ₹0.21 (up from ₹0.001 loss in 3Q 2023). Net income: ₹23.3m (up ₹23.4m from 3Q 2023). Announcement • Jan 30
BITS Limited Appoints Nidhi Parashar as Chief Financial Officer & Key Managerial Personnel, Effective on February 1, 2024 BITS Limited informed that the Board of Directors at their meeting held on January 29, 2024, approved the appointment of Mrs. Nidhi Parashar as Chief Financial Officer & Key Managerial Personnel of the company, effective from 1st February, 2024, as recommended by the Nomination and Remuneration Committee and based on approval of the Audit Committee of the Company. Mrs. Nidhi Parashar is a post graduate and has five years of experience in Accounts Department. Announcement • Jan 24
BITS Limited Announces Resignation of Mr. Sachin Sharma as Chief Financial Officer BITS Limited announced that Mr. Sachin Sharma has resigned from the post of Chief Financial Officer (Key Managerial Personnel) of the Company with effect from closure of business hourson 24th January, 2024. Resignation from the post of Chief Financial officer is due to Pre-Occupation from somewhere as only, and there is no other reason of his Resignation. Announcement • Jan 17
BITS Limited to Report Q3, 2024 Results on Jan 29, 2024 BITS Limited announced that they will report Q3, 2024 results on Jan 29, 2024 Reported Earnings • Nov 08
Second quarter 2024 earnings released: EPS: ₹0.001 (vs ₹0.01 in 2Q 2023) Second quarter 2024 results: EPS: ₹0.001 (down from ₹0.01 in 2Q 2023). Net income: ₹147.0k (down 87% from 2Q 2023). Board Change • Sep 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. No experienced directors. 4 highly experienced directors. Additional Independent Director Preeti Sharma was the last director to join the board, commencing their role in 2014. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.