Announcement • Apr 22
GCM Commodity & Derivatives Limited to Report Fiscal Year 2026 Results on May 25, 2026 GCM Commodity & Derivatives Limited announced that they will report fiscal year 2026 results on May 25, 2026 New Risk • Nov 12
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₹18m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹18m free cash flow). Shares are highly illiquid. Earnings have declined by 74% per year over the past 5 years. Revenue is less than US$1m (₹6.4m revenue, or US$72k). Market cap is less than US$10m (₹38.8m market cap, or US$437.6k). Announcement • Oct 13
GCM Commodity & Derivatives Limited to Report First Half, 2026 Results on Nov 10, 2025 GCM Commodity & Derivatives Limited announced that they will report first half, 2026 results on Nov 10, 2025 Announcement • Aug 28
GCM Commodity & Derivatives Limited, Annual General Meeting, Sep 22, 2025 GCM Commodity & Derivatives Limited, Annual General Meeting, Sep 22, 2025, at 13:00 Indian Standard Time. Announcement • Aug 19
GCM Commodity & Derivatives Limited Announces Resignation of Mahavir Prasad Saraswat as Independent Director, with Effect from August 19, 2025 The board of directors of GCM Commodity & Derivatives Limited at its meeting held on August 19, 2025, have approved the resignation Mr. Mahavir Prasad Saraswat (DIN: 00304538) with effect from August 19, 2025 as an Independent Director, upon recommendation of Nomination & Remuneration Committee, due to the old age as well as health issues. Names of listed entities in which the resigning director holds directorships, indicating the category of directorship and membership of board committees, if any. Global Capital Markets Limited: Member - Audit Committee; Chairman - Nomination & Remuneration; Committee & Shareholders' Relationship Committee. GCM Commodity & Derivatives Limited: Member - Audit Committee & Nomination & Remuneration Committee. New Risk • May 28
New major risk - Revenue and earnings growth Earnings have declined by 44% per year over the past 5 years. 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 profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings 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 Shares are highly illiquid. Earnings have declined by 44% per year over the past 5 years. Revenue is less than US$1m (₹9.9m revenue, or US$116k). Market cap is less than US$10m (₹36.5m market cap, or US$428.0k). Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹4.25, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 19x in the Capital Markets industry in India. Total loss to shareholders of 25% over the past three years. Announcement • Oct 15
GCM Commodity & Derivatives Limited to Report First Half, 2025 Results on Nov 11, 2024 GCM Commodity & Derivatives Limited announced that they will report first half, 2025 results on Nov 11, 2024 Announcement • Sep 03
GCM Commodity & Derivatives Limited, Annual General Meeting, Sep 25, 2024 GCM Commodity & Derivatives Limited, Annual General Meeting, Sep 25, 2024, at 13:00 Indian Standard Time. New Risk • May 25
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 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 Risks Shares are highly illiquid. Revenue is less than US$1m (₹21m revenue, or US$248k). Market cap is less than US$10m (₹40.1m market cap, or US$482.8k). Minor Risk Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Announcement • Apr 30
GCM Commodity & Derivatives Limited Announces the Resignation Inder Chand Baid from Directorship GCM Commodity & Derivatives Limited announced that Mr. Inder Chand Baid has resigned from Directorship effective from 29 April 2024. Detailed reason of Resignation: Voluntary Resignation (Resigned due to other Professional preoccupancy). Announcement • Apr 28
GCM Commodity & Derivatives Limited to Report Fiscal Year 2024 Results on May 23, 2024 GCM Commodity & Derivatives Limited announced that they will report fiscal year 2024 results on May 23, 2024 Valuation Update With 7 Day Price Move • Jan 10
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹4.62, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 24x in the Capital Markets industry in India. Total loss to shareholders of 47% over the past three years. Valuation Update With 7 Day Price Move • Dec 26
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹3.44, the stock trades at a trailing P/E ratio of 3.6x. Average trailing P/E is 21x in the Capital Markets industry in India. Total loss to shareholders of 61% over the past three years. Announcement • Oct 20
GCM Commodity & Derivatives Limited to Report First Half, 2024 Results on Nov 07, 2023 GCM Commodity & Derivatives Limited announced that they will report first half, 2024 results on Nov 07, 2023 Valuation Update With 7 Day Price Move • Sep 29
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹5.18, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 23x in the Capital Markets industry in India. Total returns to shareholders of 22% over the past year. Announcement • Sep 03
GCM Commodity & Derivatives Limited, Annual General Meeting, Sep 25, 2023 GCM Commodity & Derivatives Limited, Annual General Meeting, Sep 25, 2023, at 13:00 Indian Standard Time. Location: 806, Raheja Center, 214,Free Press Journal Marg, Nariman Point Mumbai India Agenda: To receive, consider and adopt the audited Standalone Financial Statements of the Company for the financial year ended March 31, 2023 along with the Reports of the Board of Directors and the Auditors thereon; to consider and appoint Directors in place of Mr. Inder Chand Baid who retires by rotation, being eligible, offers himself for re-appointment; to consider and re-appoint the Statutory Auditors of the Company; to consider and Borrow funds in excess of the limits provided under section 180 (1)(c) of the Companies Act, 2013; to consider and mortgage / create charge on the assets of the Company as a security towards borrowings; and to consider other matter also. Valuation Update With 7 Day Price Move • Aug 21
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹4.46, the stock trades at a trailing P/E ratio of 4.7x. Average trailing P/E is 21x in the Capital Markets industry in India. Total returns to shareholders of 29% over the past year. Valuation Update With 7 Day Price Move • Jul 13
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹4.54, the stock trades at a trailing P/E ratio of 4.8x. Average trailing P/E is 25x in the Capital Markets industry in India. Total loss to shareholders of 48% over the past three years. Announcement • May 06
GCM Commodity & Derivatives Limited to Report Fiscal Year 2023 Results on May 19, 2023 GCM Commodity & Derivatives Limited announced that they will report fiscal year 2023 results on May 19, 2023 Valuation Update With 7 Day Price Move • Apr 24
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹4.77, the stock trades at a trailing P/E ratio of 5x. Average trailing P/E is 21x in the Capital Markets industry in India. Total loss to shareholders of 36% over the past three years. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹4.69, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 21x in the Capital Markets industry in India. Total loss to shareholders of 36% over the past year. Valuation Update With 7 Day Price Move • Jan 19
Investor sentiment improved over the past week After last week's 20% share price gain to ₹4.21, the stock trades at a trailing P/E ratio of 4.4x. Average trailing P/E is 22x in the Capital Markets industry in India. Total loss to shareholders of 32% over the past three years. Valuation Update With 7 Day Price Move • Dec 15
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹3.35, the stock trades at a trailing P/E ratio of 3.5x. Average trailing P/E is 22x in the Capital Markets industry in India. Total loss to shareholders of 12% over the past year. Announcement • Oct 22
GCM Commodity & Derivatives Limited to Report Q2, 2023 Results on Nov 09, 2022 GCM Commodity & Derivatives Limited announced that they will report Q2, 2023 results on Nov 09, 2022 Announcement • Sep 03
GCM Commodity & Derivatives Limited, Annual General Meeting, Sep 26, 2022 GCM Commodity & Derivatives Limited, Annual General Meeting, Sep 26, 2022, at 12:30 Indian Standard Time. Agenda: To receive, consider and adopt the audited Standalone Financial Statements of the Company for the financial year ended March 31, 2022 along with the Reports of the Board of Directors and the Auditors thereon; to consider Appointment of Mr. Inder Chand Baid (DIN: 00235263) as a Director of the Company; to consider Appointment of Mrs. Urmi Bose (DIN: 07245298) as an Independent Director of the Company for a period of 5 years; to consider Re-Appointment of Mr. Amalesh Sadhu (DIN: 00235198) as Chairman & Managing Director of the Company for a period of 5 years; and to consider other matters. Announcement • Jul 28
GCM Commodity & Derivatives Limited Accepts the Resignation of Swagata Dasgupta as Independent Director GCM Commodity & Derivatives Limited accepted the resignation of Mrs. Swagata Dasgupta, Independent Director and to appoint new Director in her place. Board Change • Jul 08
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. 4 experienced directors. 1 highly experienced director. Non-Executive Independent Director Swagata Dasgupta was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Jun 07
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. 4 experienced directors. 1 highly experienced director. Non-Executive Independent Director Swagata Dasgupta was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • May 07
GCM Commodity & Derivatives Limited to Report Second Half, 2022 Results on May 23, 2022 GCM Commodity & Derivatives Limited announced that they will report second half, 2022 results on May 23, 2022 Board Change • Mar 22
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. 4 experienced directors. 1 highly experienced director. Non-Executive Independent Director Swagata Dasgupta was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Feb 25
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. 4 experienced directors. 1 highly experienced director. Non-Executive Independent Director Swagata Dasgupta was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Feb 10
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. 4 experienced directors. 1 highly experienced director. Non-Executive Independent Director Swagata Dasgupta was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Nov 17
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. 4 experienced directors. 1 highly experienced director. Non-Executive Independent Director Swagata Dasgupta was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. 
