Valuation Update With 7 Day Price Move • Jun 18
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹8.40, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 24x in the Consumer Services industry in India. Total returns to shareholders of 151% over the past three years. Valuation Update With 7 Day Price Move • May 29
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹7.01, the stock trades at a trailing P/E ratio of 5.9x. Average trailing P/E is 24x in the Consumer Services industry in India. Total returns to shareholders of 130% over the past three years. Reported Earnings • May 24
Full year 2026 earnings released: EPS: ₹1.18 (vs ₹0.39 in FY 2025) Full year 2026 results: EPS: ₹1.18 (up from ₹0.39 in FY 2025). Revenue: ₹4.57b (up 23% from FY 2025). Net income: ₹385.3m (up 203% from FY 2025). Profit margin: 8.4% (up from 3.4% in FY 2025). Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Announcement • May 15
Zee Learn Limited to Report Q4, 2026 Results on May 22, 2026 Zee Learn Limited announced that they will report Q4, 2026 results on May 22, 2026 New Risk • May 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 8.7% 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 Debt is not well covered by operating cash flow (20% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.4% net profit margin). Market cap is less than US$100m (₹1.88b market cap, or US$19.6m). Valuation Update With 7 Day Price Move • May 07
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹6.18, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 22x in the Consumer Services industry in India. Total returns to shareholders of 77% over the past three years. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹5.00, the stock trades at a trailing P/E ratio of 16.5x. Average trailing P/E is 20x in the Consumer Services industry in India. Total returns to shareholders of 25% over the past three years. New Risk • Feb 12
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 20% 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 Risk Debt is not well covered by operating cash flow (20% operating cash flow to total debt). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.4% net profit margin). Market cap is less than US$100m (₹2.01b market cap, or US$22.2m). Reported Earnings • Feb 11
Third quarter 2026 earnings released: ₹0.08 loss per share (vs ₹0.12 loss in 3Q 2025) Third quarter 2026 results: ₹0.08 loss per share (improved from ₹0.12 loss in 3Q 2025). Revenue: ₹835.2m (up 12% from 3Q 2025). Net loss: ₹26.5m (loss narrowed 30% from 3Q 2025). Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • Feb 03
Zee Learn Limited to Report Q3, 2026 Results on Feb 10, 2026 Zee Learn Limited announced that they will report Q3, 2026 results on Feb 10, 2026 New Risk • Dec 30
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 6.9% 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 Interest payments are not well covered by earnings (2.7x net interest cover). Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.1% net profit margin). Market cap is less than US$100m (₹2.39b market cap, or US$26.6m). Reported Earnings • Nov 06
Second quarter 2026 earnings released: ₹0.19 loss per share (vs ₹0.12 loss in 2Q 2025) Second quarter 2026 results: ₹0.19 loss per share (further deteriorated from ₹0.12 loss in 2Q 2025). Revenue: ₹795.9m (up 37% from 2Q 2025). Net loss: ₹61.4m (loss widened 52% from 2Q 2025). Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Oct 31
Zee Learn Limited to Report Q2, 2026 Results on Nov 05, 2025 Zee Learn Limited announced that they will report Q2, 2026 results at 3:30 PM, Indian Standard Time on Nov 05, 2025 Announcement • Aug 13
Zee Learn Limited, Annual General Meeting, Sep 26, 2025 Zee Learn Limited, Annual General Meeting, Sep 26, 2025. Reported Earnings • Aug 13
First quarter 2026 earnings released: EPS: ₹0.06 (vs ₹0.11 in 1Q 2025) First quarter 2026 results: EPS: ₹0.06 (down from ₹0.11 in 1Q 2025). Revenue: ₹1.13b (up 40% from 1Q 2025). Net income: ₹19.0m (down 48% from 1Q 2025). Profit margin: 1.7% (down from 4.5% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Announcement • Aug 09
Zee Learn Limited to Report Q1, 2026 Results on Aug 12, 2025 Zee Learn Limited announced that they will report Q1, 2026 results on Aug 12, 2025 Valuation Update With 7 Day Price Move • Aug 01
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹10.69, the stock trades at a trailing P/E ratio of 27.4x. Average trailing P/E is 39x in the Consumer Services industry in India. Total returns to shareholders of 56% over the past three years. Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹9.93, the stock trades at a trailing P/E ratio of 25.7x. Average trailing P/E is 39x in the Consumer Services industry in India. Total returns to shareholders of 42% over the past three years. Valuation Update With 7 Day Price Move • May 22
Investor sentiment improves as stock rises 38% After last week's 38% share price gain to ₹9.03, the stock trades at a trailing P/E ratio of 23.3x. Average trailing P/E is 41x in the Consumer Services industry in India. Total returns to shareholders of 35% over the past three years. Reported Earnings • May 17
Full year 2025 earnings released: EPS: ₹0.39 (vs ₹4.99 in FY 2024) Full year 2025 results: EPS: ₹0.39 (down from ₹4.99 in FY 2024). Revenue: ₹3.93b (up 10% from FY 2024). Net income: ₹127.2m (down 92% from FY 2024). Profit margin: 3.2% (down from 46% in FY 2024). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. New Risk • May 16
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 Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (₹2.56b market cap, or US$29.9m). Announcement • May 10
Zee Learn Limited to Report Q4, 2025 Results on May 15, 2025 Zee Learn Limited announced that they will report Q4, 2025 results on May 15, 2025 New Risk • Apr 02
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 Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₹1.94b market cap, or US$22.7m). Reported Earnings • Feb 08
Third quarter 2025 earnings released: ₹0.12 loss per share (vs ₹0.03 profit in 3Q 2024) Third quarter 2025 results: ₹0.12 loss per share (down from ₹0.03 profit in 3Q 2024). Revenue: ₹816.5m (up 21% from 3Q 2024). Net loss: ₹37.6m (down 444% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Announcement • Jan 31
Zee Learn Limited to Report Q3, 2025 Results on Feb 06, 2025 Zee Learn Limited announced that they will report Q3, 2025 results on Feb 06, 2025 Announcement • Jan 28
Zee Learn Limited Announces the Launch of Its Latest Curriculum, "Znius" Zee Learn Limited announced the launch of its latest curriculum, "ZNIUS". Designed as a complete, future-ready solution for K12 schools, ZNIUS not only provides an end-to-end curriculum and pedagogy up to 12th Grade, it also covers co-scholastic needs like financial literacy and physical education, with engaging AR-enabled digital content & gamified learning, supported by a Learning Management System and ERP to simplify the needs of school management. With all this and more, ZNIUS promises to revolutionize both, school management and the learning experience of students by fostering intelligence, creativity and holistic development. The introduction of ZNIUS by Zee Learn, caters to the evolving needs of schools, educators and learners by providing a future-ready framework that seamlessly integrates K-12 curriculum and pedagogy with cutting-edge technology. While some players have made strides in introducing structured learning systems, they often lack scalability, advanced technological integration, or a comprehensive offering that includes both scholastic and co-scholastic education. This creates challenges for schools and leaves them with fragmented solutions, unable to deliver a truly seamless and holistic learning experience. ZNIUS stands out with its unique blend of cutting-edge pedagogy and brain-based learning principles. Aimed at providing a complete K-12 curriculum, ZNIUS incorporates innovative textbooks aligned with NEP 2020 and NCF-SE 2023, engaging digital content featuring augmented reality-based Math and Science activities and gamified learning approaches to spark curiosity and enhance retention. At the same time ZNIUS lays additional foundational emphasis on STEM subjects in higher grades, which enables students to be better prepared for competitive entrance exams - an essential milestone in today's education system. ZNIUS also includes a unified LMS-ERP app to streamline school operations and foster communication between stakeholders. To further ensure holistic development, it integrates coscholastic programs such as Financial Literacy, Physical Education and Soft Skills, preparing students for life beyond academics. By addressing both academic and administrative needs and challenges, ZNIUS empowers schools to enhance learning outcomes while meeting rising parental expectations of modern, globally competitive and holistic education. Buy Or Sell Opportunity • Jan 24
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 2.4% to ₹7.89. The fair value is estimated to be ₹9.87, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Jan 03
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 14% to ₹7.97. The fair value is estimated to be ₹10.00, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Nov 18
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to ₹8.28. The fair value is estimated to be ₹10.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Meanwhile, the company has become profitable. New Risk • Nov 08
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 24% 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 Debt is not well covered by operating cash flow (13% operating cash flow to total debt). High level of non-cash earnings (24% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Market cap is less than US$100m (₹3.22b market cap, or US$38.2m). Reported Earnings • Nov 08
Second quarter 2025 earnings released: ₹0.12 loss per share (vs ₹0.50 loss in 2Q 2024) Second quarter 2025 results: ₹0.12 loss per share (improved from ₹0.50 loss in 2Q 2024). Revenue: ₹645.3m (down 2.9% from 2Q 2024). Net loss: ₹40.3m (loss narrowed 75% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Announcement • Nov 05
Zee Learn Limited to Report Q2, 2025 Results on Nov 07, 2024 Zee Learn Limited announced that they will report Q2, 2025 results on Nov 07, 2024 Valuation Update With 7 Day Price Move • Nov 01
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹9.89, the stock trades at a trailing P/E ratio of 2.1x. Average trailing P/E is 39x in the Consumer Services industry in India. Total loss to shareholders of 23% over the past three years. Valuation Update With 7 Day Price Move • Oct 11
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹11.10, the stock trades at a trailing P/E ratio of 2.3x. Average trailing P/E is 42x in the Consumer Services industry in India. Total loss to shareholders of 23% over the past three years. Announcement • Aug 09
Zee Learn Limited, Annual General Meeting, Sep 26, 2024 Zee Learn Limited, Annual General Meeting, Sep 26, 2024. Reported Earnings • Aug 09
First quarter 2025 earnings released: EPS: ₹0.11 (vs ₹0.26 in 1Q 2024) First quarter 2025 results: EPS: ₹0.11 (down from ₹0.26 in 1Q 2024). Revenue: ₹841.0m (down 20% from 1Q 2024). Net income: ₹36.4m (down 57% from 1Q 2024). Profit margin: 4.3% (down from 8.0% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Aug 02
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹10.39, the stock trades at a trailing P/E ratio of 2.1x. Average trailing P/E is 45x in the Consumer Services industry in India. Total loss to shareholders of 30% over the past three years. Announcement • Aug 02
Zee Learn Limited to Report Q1, 2025 Results on Aug 08, 2024 Zee Learn Limited announced that they will report Q1, 2025 results at 3:30 PM, Indian Standard Time on Aug 08, 2024 Buy Or Sell Opportunity • Jul 23
Now 20% undervalued Over the last 90 days, the stock has risen 27% to ₹8.03. The fair value is estimated to be ₹10.08, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • May 29
Full year 2024 earnings released: EPS: ₹4.99 (vs ₹13.60 loss in FY 2023) Full year 2024 results: EPS: ₹4.99 (up from ₹13.60 loss in FY 2023). Revenue: ₹3.78b (up 17% from FY 2023). Net income: ₹1.63b (up ₹6.06b from FY 2023). Profit margin: 43% (up from net loss in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 42 percentage points per year, which is a significant difference in performance. Announcement • May 23
Zee Learn Limited to Report Q4, 2024 Results on May 28, 2024 Zee Learn Limited announced that they will report Q4, 2024 results on May 28, 2024 Reported Earnings • Feb 15
Third quarter 2024 earnings released: EPS: ₹0.03 (vs ₹4.94 loss in 3Q 2023) Third quarter 2024 results: EPS: ₹0.03 (up from ₹4.94 loss in 3Q 2023). Revenue: ₹632.2m (up 16% from 3Q 2023). Net income: ₹10.9m (up ₹1.62b from 3Q 2023). Profit margin: 1.7% (up from net loss in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance. Announcement • Feb 08
Zee Learn Limited to Report Q3, 2024 Results on Feb 14, 2024 Zee Learn Limited announced that they will report Q3, 2024 results on Feb 14, 2024 Announcement • Sep 07
Zee Learn Limited Announces Resignation of Vivek Bhanot as Chief Growth Officer Zee Learn Limited informed that the Company has received a resignation letter from Mr. Vivek Bhanot; Chief Growth Officer of the Company, from his position of Senior Management. Date of cessation; September 1, 2023. Announcement • Aug 11
Zee Learn Limited, Annual General Meeting, Sep 27, 2023 Zee Learn Limited, Annual General Meeting, Sep 27, 2023. Reported Earnings • Aug 11
First quarter 2024 earnings released: EPS: ₹0.26 (vs ₹0.01 in 1Q 2023) First quarter 2024 results: EPS: ₹0.26 (up from ₹0.01 in 1Q 2023). Revenue: ₹1.16b (up 35% from 1Q 2023). Net income: ₹84.8m (up ₹80.8m from 1Q 2023). Profit margin: 7.3% (up from 0.5% in 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 102 percentage points per year, which is a significant difference in performance. Announcement • Aug 04
Zee Learn Limited to Report Q1, 2024 Results on Aug 10, 2023 Zee Learn Limited announced that they will report Q1, 2024 results on Aug 10, 2023 Reported Earnings • May 26
Full year 2023 earnings released: ₹13.60 loss per share (vs ₹0.084 loss in FY 2022) Full year 2023 results: ₹13.60 loss per share (further deteriorated from ₹0.084 loss in FY 2022). Revenue: ₹3.44b (up 39% from FY 2022). Net loss: ₹4.43b (loss widened ₹4.41b from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 112 percentage points per year, which is a significant difference in performance. Announcement • May 20
Zee Learn Limited to Report Q4, 2023 Results on May 25, 2023 Zee Learn Limited announced that they will report Q4, 2023 results on May 25, 2023 Reported Earnings • Feb 09
Third quarter 2023 earnings released: ₹4.94 loss per share (vs ₹0.15 loss in 3Q 2022) Third quarter 2023 results: ₹4.94 loss per share (further deteriorated from ₹0.15 loss in 3Q 2022). Revenue: ₹584.1m (up 12% from 3Q 2022). Net loss: ₹1.61b (loss widened ₹1.56b from 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance. Announcement • Feb 02
Zee Learn Limited to Report Q3, 2023 Results on Feb 08, 2023 Zee Learn Limited announced that they will report Q3, 2023 results on Feb 08, 2023 Board Change • Nov 16
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Independent Non-Executive Director Roshan Kamboj is the most experienced director on the board, commencing their role in 2019. 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 • Aug 03
First quarter 2023 earnings released: EPS: ₹0.01 (vs ₹0.05 in 1Q 2022) First quarter 2023 results: EPS: ₹0.01 (down from ₹0.05 in 1Q 2022). Revenue: ₹910.8m (up 41% from 1Q 2022). Net income: ₹4.02m (down 76% from 1Q 2022). Profit margin: 0.4% (down from 2.6% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance. Reported Earnings • Jun 02
Full year 2022 earnings released: ₹0.08 loss per share (vs ₹0.27 loss in FY 2021) Full year 2022 results: ₹0.08 loss per share (up from ₹0.27 loss in FY 2021). Revenue: ₹2.82b (up 9.8% from FY 2021). Net loss: ₹27.2m (loss narrowed 69% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
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 Roshan Kamboj is the most experienced director on the board, commencing their role in 2019. 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 • Feb 07
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: ₹0.15 loss per share (down from ₹0.006 loss in 3Q 2021). Revenue: ₹566.1m (up 11% from 3Q 2021). Net loss: ₹49.1m (loss widened ₹47.1m from 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance. Board Change • Nov 14
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 Roshan Kamboj is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Executive Departure • Jul 13
CFO, Chief Investor Relations Officer, Company Secretary & Compliance Officer Rakesh Agarwal has left the company On the 1st of July, Rakesh Agarwal's tenure as CFO, Chief Investor Relations Officer, Company Secretary & Compliance Officer ended after 1.2 years in the role. We don't have any record of a personal shareholding under Rakesh's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 1.83 years, which is considered inexperienced in the Simply Wall St Risk Model. Reported Earnings • Jul 04
Full year 2021 earnings released: ₹0.27 loss per share (vs ₹1.34 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: ₹2.57b (down 50% from FY 2020). Net loss: ₹87.9m (down 120% from profit in FY 2020). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings. Executive Departure • Jun 21
CEO & Whole Time Director Vikash Kar has left the company On the 14th of June, Vikash Kar's tenure as CEO & Whole Time Director of the company ended after 1.1 years in the role. We don't have any record of a personal shareholding under Vikash's name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 1.75 years, which is considered inexperienced in the Simply Wall St Risk Model. Under Vikash's leadership, the company delivered a total shareholder return of 2.2%. Recent Insider Transactions • Apr 02
Insider recently sold ₹259k worth of stock On the 24th of March, Ajey Kumar sold around 24k shares on-market at roughly ₹10.96 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Is New 90 Day High Low • Feb 22
New 90-day low: ₹11.70 The company is down 4.0% from its price of ₹12.15 on 24 November 2020. The Indian market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Services industry, which is up 28% over the same period. Reported Earnings • Feb 12
Third quarter 2021 earnings released: ₹0.006 loss per share (vs ₹0.45 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: ₹511.9m (down 57% from 3Q 2020). Net loss: ₹2.00m (down 101% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 31% per year whereas the company’s share price has fallen by 34% per year. Executive Departure • Feb 05
Company Secretary & Compliance Officer has left the company On the 29th of January, Prashant Parekh's tenure as Company Secretary & Compliance Officer ended after less than a year in the role. We don't have any record of a personal shareholding under Prashant's name. A total of 5 executives have left over the last 12 months. Reported Earnings • Dec 22
Second quarter 2021 earnings released: EPS ₹0.07 The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₹896.7m (down 34% from 2Q 2020). Net income: ₹22.2m (down 90% from 2Q 2020). Profit margin: 2.5% (down from 16% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 34% per year, which means it is performing significantly worse than earnings. Is New 90 Day High Low • Dec 16
New 90-day high: ₹14.80 The company is up 3.0% from its price of ₹14.30 on 16 September 2020. The Indian market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Services industry, which is up 4.0% over the same period. Reported Earnings • Dec 05
First quarter 2021 earnings released: EPS ₹0.13 The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: ₹826.7m (down 47% from 1Q 2020). Net income: ₹41.3m (down 83% from 1Q 2020). Profit margin: 5.0% (down from 16% in 1Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Nov 06
New 90-day low: ₹10.60 The company is down 24% from its price of ₹13.95 on 07 August 2020. The Indian market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Services industry, which is down 2.0% over the same period.