How does 512018's PS Ratio compare to its peers?

512018 is expensive based on its Price-To-Sales Ratio (17.6x) compared to the peer average (9.8x).

How does 512018's PS Ratio compare vs other companies in the IN Capital Markets Industry?

512018 is expensive based on its Price-To-Sales Ratio (17.6x) compared to the Indian Capital Markets industry average (7.1x).

What is 512018's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate 512018's Price-To-Sales Fair Ratio for valuation analysis.

What is the Fair Price of 512018 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate 512018's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

Cni Research (BSE:512018) - Stock Price, News & Analysis

512018 Stock Overview

Operates as a research firm. More details

512018 fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Risk Analysis

Has less than 1 year of cash runway

Does not have a meaningful market cap (₹2B)

Does not have meaningful revenue (₹90M)

Cni Research Limited Competitors

Tracxn Technologies

NSEI:TRACXN

₹8.5b

CARE Ratings

NSEI:CARERATING

₹45.4b

ICRA

NSEI:ICRA

₹65.9b

Inventure Growth & Securities

NSEI:INVENTURE

₹1.9b

Price History & Performance

Summary of all time highs, changes and price drops for Cni Research
Historical stock prices
Current Share Price	₹13.85
52 Week High	₹15.44
52 Week Low	₹2.05
Beta	-0.17
11 Month Change	-1.28%
3 Month Change	24.77%
1 Year Change	496.98%
33 Year Change	445.28%
5 Year Change	559.52%
Change since IPO	741.10%

Recent updates

Shareholder Returns

	512018	IN Capital Markets	IN Market
7D	7.7%	1.4%	2.9%
1Y	497.0%	64.5%	27.9%

Return vs Industry: 512018 exceeded the Indian Capital Markets industry which returned 64.5% over the past year.

Return vs Market: 512018 exceeded the Indian Market which returned 27.9% over the past year.

Price Volatility

Is 512018's price volatile compared to industry and market?
512018 volatility
512018 Average Weekly Movement	5.3%
Capital Markets Industry Average Movement	6.8%
Market Average Movement	6.1%
10% most volatile stocks in IN Market	9.0%
10% least volatile stocks in IN Market	4.0%

Stable Share Price: 512018 has not had significant price volatility in the past 3 months compared to the Indian market.

Volatility Over Time: 512018's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1982	8	Kishor Ostwal	www.cniresearchltd.com

Cni Research Limited operates as a research firm. It provides research content to investors through tie ups with global agencies in India. The company’s products include breaking news, special feature, street calls and preview, comments, insights, performance speak, smart quotes, manage news letter, and research reports.

Cni Research Limited Fundamentals Summary

How do Cni Research's earnings and revenue compare to its market cap?
512018 fundamental statistics
Market cap	₹1.59b
Earnings (TTM)	-₹28.80m
Revenue (TTM)	₹90.37m

17.6x

P/S Ratio

-55.2x

P/E Ratio

Is 512018 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
512018 income statement (TTM)
Revenue	₹90.37m
Cost of Revenue	₹87.16m
Gross Profit	₹3.21m
Other Expenses	₹32.00m
Earnings	-₹28.80m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.25
Gross Margin	3.55%
Net Profit Margin	-31.87%
Debt/Equity Ratio	0%

How did 512018 perform over the long term?

See historical performance and comparison

512018 Stock Overview

Risk Analysis

Cni Research Limited Competitors

NSEI:TRACXN

₹8.5b

NSEI:CARERATING

₹45.4b

NSEI:ICRA

₹65.9b

NSEI:INVENTURE

₹1.9b

Price History & Performance

Recent News & Updates

Second quarter 2025 earnings released: ₹0.28 loss per share (vs ₹0.014 profit in 2Q 2024)

Cni Research Limited to Report Q2, 2025 Results on Nov 08, 2024

First quarter 2025 earnings released: EPS: ₹0.02 (vs ₹0.05 in 1Q 2024)

Cni Research Limited to Report Q1, 2025 Results on Aug 06, 2024

Cni Research Limited announced that it expects to receive INR 6.6 billion in funding

Cni Research Limited, Annual General Meeting, Jun 26, 2024

Recent updates

Second quarter 2025 earnings released: ₹0.28 loss per share (vs ₹0.014 profit in 2Q 2024)

Cni Research Limited to Report Q2, 2025 Results on Nov 08, 2024

First quarter 2025 earnings released: EPS: ₹0.02 (vs ₹0.05 in 1Q 2024)

Cni Research Limited to Report Q1, 2025 Results on Aug 06, 2024

Cni Research Limited announced that it expects to receive INR 6.6 billion in funding

Cni Research Limited, Annual General Meeting, Jun 26, 2024

New minor risk - Earnings quality

Full year 2024 earnings released: EPS: ₹0.07 (vs ₹0.075 loss in FY 2023)

Third quarter 2024 earnings released: ₹0.02 loss per share (vs ₹0.05 profit in 3Q 2023)

Cni Research Limited to Report Q3, 2024 Results on Feb 07, 2024

Second quarter 2024 earnings released: EPS: ₹0.01 (vs ₹0.02 in 2Q 2023)

First quarter 2024 earnings released: EPS: ₹0.05 (vs ₹0.02 in 1Q 2023)

Cni Research Limited, Annual General Meeting, Sep 29, 2023

Cni Research Limited to Report Q1, 2024 Results on Aug 11, 2023

Full year 2023 earnings released: ₹0.07 loss per share (vs ₹0.15 profit in FY 2022)

Cni Research Limited to Report Q4, 2023 Results on May 25, 2023

Investor sentiment improves as stock rises 40%

Investor sentiment deteriorates as stock falls 16%

Third quarter 2023 earnings released: EPS: ₹0.05 (vs ₹0.04 in 3Q 2022)

Cni Research Limited to Report Q3, 2023 Results on Feb 08, 2023

Investor sentiment improved over the past week

Insufficient new directors

Investor sentiment improved over the past week

Second quarter 2023 earnings released: EPS: ₹0.02 (vs ₹0.07 in 2Q 2022)

Investor sentiment improved over the past week

Cni Research Limited, Annual General Meeting, Sep 30, 2022

Cni Research Limited to Report Fiscal Year 2022 Results on Aug 24, 2022

Cni Research Limited to Report Q1, 2023 Results on Jul 27, 2022

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Cni Research Limited to Report Q4, 2022 Results on May 28, 2022

Insufficient new directors

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Investor sentiment deteriorated over the past week

Cni Research Limited to Report Q3, 2022 Results on Feb 11, 2022

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS ₹0.07 (vs ₹0.27 loss in 2Q 2021)

First quarter 2022 earnings released: EPS ₹0.013 (vs ₹0.001 loss in 1Q 2021)

Full year 2021 earnings released: ₹0.31 loss per share (vs ₹0.021 loss in FY 2020)

New 90-day low: ₹1.50

Third quarter 2021 earnings released: ₹0.04 loss per share (vs ₹0.006 profit in 3Q 2020)

New 90-day low: ₹1.54

Cni Research Limited to Report Q3, 2021 Results on Feb 11, 2021

New 90-day high: ₹1.90

Cni Research Limited, Annual General Meeting, Dec 26, 2020

New 90-day high: ₹1.60

Cni Research Limited to Report Q1, 2021 Results on Aug 27, 2020

New 90-day low - ₹1.37

Shareholder Returns

Price Volatility

About the Company

Cni Research Limited Fundamentals Summary

17.6x

-55.2x

Earnings & Revenue