New Risk • Jun 14
New major risk - Negative shareholders equity The company has negative equity. Total equity: -₹7.3m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (8.7% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (14% average weekly change). Negative equity (-₹7.3m). Earnings have declined by 63% per year over the past 5 years. Revenue is less than US$1m (₹8.1m revenue, or US$85k). Market cap is less than US$10m (₹41.9m market cap, or US$440.8k). Announcement • May 19
Amarnath Securities Limited to Report Q4, 2026 Results on May 29, 2026 Amarnath Securities Limited announced that they will report Q4, 2026 results on May 29, 2026 Valuation Update With 7 Day Price Move • Apr 13
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹13.50, the stock trades at a trailing P/E ratio of 23.3x. Average trailing P/E is 23x in the Diversified Financial industry in India. Total loss to shareholders of 49% over the past three years. Valuation Update With 7 Day Price Move • Feb 26
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹14.33, the stock trades at a trailing P/E ratio of 24.7x. Average trailing P/E is 22x in the Diversified Financial industry in India. Total loss to shareholders of 50% over the past three years. Announcement • Feb 26
Amarnath Securities Limited announced a financing transaction Amarnath Securities Limited announced a private placement to issue equity shares on February 25, 2026. The transaction is subject to the approval at the Meeting of the board of directors scheduled to be held on March 5, 2026. Reported Earnings • Feb 15
Third quarter 2026 earnings released: EPS: ₹0.14 (vs ₹0.15 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.14 (down from ₹0.15 in 3Q 2025). Revenue: ₹959.0k (down 2.1% from 3Q 2025). Net income: ₹417.0k (down 4.6% from 3Q 2025). Profit margin: 44% (down from 45% in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Announcement • Feb 03
Amarnath Securities Limited to Report Q3, 2026 Results on Feb 13, 2026 Amarnath Securities Limited announced that they will report Q3, 2026 results on Feb 13, 2026 Board Change • Jan 29
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. Non Executive Independent Director Sanjay Dua is the most experienced director on the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Valuation Update With 7 Day Price Move • Dec 11
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹14.29, the stock trades at a trailing P/E ratio of 24.3x. Average trailing P/E is 22x in the Diversified Financial industry in India. Total loss to shareholders of 7.2% over the past three years. Reported Earnings • Nov 16
Second quarter 2026 earnings released: EPS: ₹0.13 (vs ₹0.17 in 2Q 2025) Second quarter 2026 results: EPS: ₹0.13 (down from ₹0.17 in 2Q 2025). Revenue: ₹1.02m (up 4.4% from 2Q 2025). Net income: ₹385.0k (down 22% from 2Q 2025). Profit margin: 38% (down from 51% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • Nov 05
Amarnath Securities Limited to Report Q2, 2026 Results on Nov 14, 2025 Amarnath Securities Limited announced that they will report Q2, 2026 results on Nov 14, 2025 Valuation Update With 7 Day Price Move • Oct 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹14.67, the stock trades at a trailing P/E ratio of 23.5x. Average trailing P/E is 25x in the Diversified Financial industry in India. Total loss to shareholders of 14% over the past three years. Announcement • Sep 30
Amarnath Securities Limited Announces Directorate Changes Amarnath Securities Limited, in its AGM held on September 30, 2025 approved Change in Designation of Mr. Nitin Walun as Additional Director to Non-Executive Independent Director. Change in Designation of Ms. Vaishali Dhruvabal Mahadik Additional Director to Non-Executive Independent (Women) Director. Announcement • Sep 08
Amarnath Securities Limited, Annual General Meeting, Sep 30, 2025 Amarnath Securities Limited, Annual General Meeting, Sep 30, 2025, at 09:30 Indian Standard Time. Valuation Update With 7 Day Price Move • Aug 29
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹11.87, the stock trades at a trailing P/E ratio of 19x. Average trailing P/E is 25x in the Diversified Financial industry in India. Total loss to shareholders of 28% over the past three years. Reported Earnings • Aug 15
First quarter 2026 earnings released: EPS: ₹0.15 (vs ₹0.16 in 1Q 2025) First quarter 2026 results: EPS: ₹0.15 (down from ₹0.16 in 1Q 2025). Revenue: ₹881.6k (down 9.2% from 1Q 2025). Net income: ₹439.5k (down 11% from 1Q 2025). Profit margin: 50% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. New Risk • Aug 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 Risks Revenue is less than US$1m (₹3.9m revenue, or US$44k). Market cap is less than US$10m (₹38.8m market cap, or US$442.9k). Minor Risk Share price has been volatile over the past 3 months (6.6% average weekly change). Valuation Update With 7 Day Price Move • Aug 11
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹14.22, the stock trades at a trailing P/E ratio of 22.1x. Average trailing P/E is 27x in the Diversified Financial industry in India. Total loss to shareholders of 25% over the past three years. Announcement • Aug 06
Amarnath Securities Limited to Report Q1, 2026 Results on Aug 13, 2025 Amarnath Securities Limited announced that they will report Q1, 2026 results on Aug 13, 2025 Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹12.46, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 29x in the Diversified Financial industry in India. Total loss to shareholders of 76% over the past year. Reported Earnings • Jun 01
Full year 2025 earnings released: EPS: ₹0.64 (vs ₹0.62 in FY 2024) Full year 2025 results: EPS: ₹0.64 (up from ₹0.62 in FY 2024). Revenue: ₹3.89m (down 4.9% from FY 2024). Net income: ₹1.93m (up 3.0% from FY 2024). Profit margin: 50% (up from 46% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Announcement • May 22
Amarnath Securities Limited to Report Q4, 2025 Results on May 30, 2025 Amarnath Securities Limited announced that they will report Q4, 2025 results on May 30, 2025 Reported Earnings • Apr 11
Third quarter 2025 earnings released: EPS: ₹0.15 (vs ₹0.20 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.15 (down from ₹0.20 in 3Q 2024). Revenue: ₹980.0k (down 14% from 3Q 2024). Net income: ₹437.0k (down 27% from 3Q 2024). Profit margin: 45% (down from 53% in 3Q 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹14.00, the stock trades at a trailing P/E ratio of 19.5x. Average trailing P/E is 24x in the Diversified Financial industry in India. Total loss to shareholders of 45% over the past three years. New Risk • Mar 06
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 8.1% 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 Revenue is less than US$1m (₹4.1m revenue, or US$47k). Market cap is less than US$10m (₹33.5m market cap, or US$384.4k). Minor Risk Share price has been volatile over the past 3 months (8.1% average weekly change). Valuation Update With 7 Day Price Move • Feb 28
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹11.89, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 24x in the Diversified Financial industry in India. Total loss to shareholders of 55% over the past three years. Announcement • Feb 10
Amarnath Securities Limited to Report Q3, 2025 Results on Feb 14, 2025 Amarnath Securities Limited announced that they will report Q3, 2025 results on Feb 14, 2025 Valuation Update With 7 Day Price Move • Jan 30
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹14.81, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 25x in the Diversified Financial industry in India. Total loss to shareholders of 52% over the past three years. Announcement • Jan 17
Amarnath Securities Limited Announces Resignation of Omkar Herlekar as Non-Executive Non-Independent Director Amarnath Securities Limited at its Board of Directors meeting held on January 17, 2025, approved the resignation of Mr. Omkar Herlekar from the position of Non-Executive Non-Independent Director of the Company, effective immediately. The reason mentioned for resignation is due to inability to add into growth of the company and bring in any business. Date of Resignation: January 17, 2025 (end of business hours). Announcement • Jan 03
Amarnath Securities Limited Announces Board and Executive Changes Amarnath Securities Limited announced resignation of Ms. Chandni Makhija, Independent Director of the company, effective 3 January 2025 and Ms. Ruchi Gupta, Company Secretary and Compliance officer of the company due to personal pre-occupancy effective 3 January 2025. Valuation Update With 7 Day Price Move • Dec 30
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹23.19, the stock trades at a trailing P/E ratio of 32.3x. Average trailing P/E is 29x in the Diversified Financial industry in India. Total loss to shareholders of 25% over the past three years. Board Change • Dec 26
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director Chandni Makhija is the most experienced director on the board, commencing their role in 2022. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. New Risk • Dec 16
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 Revenue is less than US$1m (₹4.1m revenue, or US$48k). Market cap is less than US$10m (₹77.1m market cap, or US$908.9k). Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change). Valuation Update With 7 Day Price Move • Nov 25
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹24.90, the stock trades at a trailing P/E ratio of 34.7x. Average trailing P/E is 24x in the Diversified Financial industry in India. Total loss to shareholders of 57% over the past year. Announcement • Nov 09
Amarnath Securities Limited to Report Q2, 2025 Results on Nov 13, 2024 Amarnath Securities Limited announced that they will report Q2, 2025 results on Nov 13, 2024 Announcement • Sep 06
Amarnath Securities Limited, Annual General Meeting, Sep 28, 2024 Amarnath Securities Limited, Annual General Meeting, Sep 28, 2024, at 09:30 Indian Standard Time. Reported Earnings • Aug 15
First quarter 2025 earnings released: EPS: ₹0.16 (vs ₹0.12 in 1Q 2024) First quarter 2025 results: EPS: ₹0.16 (up from ₹0.12 in 1Q 2024). Revenue: ₹971.0k (down 2.4% from 1Q 2024). Net income: ₹492.7k (up 40% from 1Q 2024). Profit margin: 51% (up from 35% in 1Q 2024). The increase in margin was driven by lower expenses. Announcement • Aug 07
Amarnath Securities Limited to Report Q1, 2025 Results on Aug 13, 2024 Amarnath Securities Limited announced that they will report Q1, 2025 results on Aug 13, 2024 Valuation Update With 7 Day Price Move • Jun 10
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹49.00, the stock trades at a trailing P/E ratio of 78.6x. Average trailing P/E is 13x in the Oil and Gas industry in India. Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: ₹0.62 (vs ₹0.66 in FY 2023) Full year 2024 results: EPS: ₹0.62 (down from ₹0.66 in FY 2023). Revenue: ₹4.09m (up 6.5% from FY 2023). Net income: ₹1.87m (down 5.4% from FY 2023). Profit margin: 46% (down from 51% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 61% per year, which means it is significantly lagging earnings growth. New Risk • May 28
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 Earnings have declined by 2.5% per year over the past 5 years. Revenue is less than US$1m (₹4.0m revenue, or US$48k). Market cap is less than US$10m (₹175.2m market cap, or US$2.11m). Minor Risk Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Announcement • May 26
Amarnath Securities Limited to Report Q4, 2024 Results on May 30, 2024 Amarnath Securities Limited announced that they will report Q4, 2024 results on May 30, 2024 Announcement • Feb 06
Amarnath Securities Limited to Report Q3, 2024 Results on Feb 12, 2024 Amarnath Securities Limited announced that they will report Q3, 2024 results on Feb 12, 2024 Announcement • Nov 04
Amarnath Securities Limited to Report Q2, 2024 Results on Nov 10, 2023 Amarnath Securities Limited announced that they will report Q2, 2024 results on Nov 10, 2023 New Risk • Sep 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 7.4% 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 Risks Earnings have declined by 27% per year over the past 5 years. Revenue is less than US$1m (₹3.8m revenue, or US$46k). Market cap is less than US$10m (₹137.9m market cap, or US$1.66m). Minor Risk Share price has been volatile over the past 3 months (7.4% average weekly change). Valuation Update With 7 Day Price Move • Sep 28
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹41.90, the stock trades at a trailing P/E ratio of 63.6x. Average trailing P/E is 12x in the Oil and Gas industry in India. Total returns to shareholders of 145% over the past three years. Announcement • Sep 06
Amarnath Securities Limited, Annual General Meeting, Sep 28, 2023 Amarnath Securities Limited, Annual General Meeting, Sep 28, 2023, at 12:30 Indian Standard Time. Agenda: To receive, consider and adopt the Profit &Loss Account for the year ended 31 March, 2023 and the Balance Sheet for the period ending 31 March, 2023 together with the reports of the Board of Directors and the Auditors thereon; to consider appointment of Directors of the Company; and to approve Shareholders in respect of borrowing power of the Board of the Company. Valuation Update With 7 Day Price Move • Aug 17
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹32.69, the stock trades at a trailing P/E ratio of 73.1x. Average trailing P/E is 25x in the Diversified Financial industry in India. Total returns to shareholders of 91% over the past three years. Announcement • Jul 29
Amarnath Securities Limited to Report Q1, 2024 Results on Aug 05, 2023 Amarnath Securities Limited announced that they will report Q1, 2024 results on Aug 05, 2023 Announcement • Jun 30
Amarnath Securities Limited Announces CFO Changes Amarnath Securities Limited at its board meeting held on June 29, 2023 appointed Mr. Avinash Ahire as the Chief Financial Officer & Key Managerial Personnel of the company in terms of Section 203 of Companies Act, 2013 with immediate effect. In view of the vacancy caused due to resignation of Mr. Akshay Singh, Chief Financial Officer & Key Managerial Personnel of the Company, Mr. Ahire, who is suitable for the particular designation, is appointed as Chief Financial Officer & Key Managerial Personnel of the Company, the terms of appointments will be as per the appointment letter issued by the Company. Mr. Avinash Ahire has more than a decade experience with one of the leading Chartered Accountants firm. He has in-depth practical experience in dealing with Banking and Statutory Matters. Board Change • Jun 19
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. 1 experienced director. 2 highly experienced directors. Whole-Time Director Naresh Padhir was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jun 04
Full year 2023 earnings released: EPS: ₹0.45 (vs ₹0.22 in FY 2022) Full year 2023 results: EPS: ₹0.45 (up from ₹0.22 in FY 2022). Revenue: ₹3.84m (up 57% from FY 2022). Net income: ₹1.34m (up 108% from FY 2022). Profit margin: 35% (up from 27% in FY 2022). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • May 24
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹27.60, the stock trades at a trailing P/E ratio of 55.1x. Average trailing P/E is 22x in the Diversified Financial industry in India. Total returns to shareholders of 40% over the past three years. Announcement • May 23
Amarnath Securities Limited to Report Q4, 2023 Results on May 30, 2023 Amarnath Securities Limited announced that they will report Q4, 2023 results on May 30, 2023 Board Change • Apr 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. 1 experienced director. 2 highly experienced directors. Whole-Time Director Naresh Padhir was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Mar 15
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. 1 experienced director. 2 highly experienced directors. Whole-Time Director Naresh Padhir was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Feb 14
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. 1 experienced director. 2 highly experienced directors. Whole-Time Director Naresh Padhir was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Feb 07
Amarnath Securities Limited to Report Q3, 2023 Results on Feb 14, 2023 Amarnath Securities Limited announced that they will report Q3, 2023 results on Feb 14, 2023 Board Change • Nov 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. 1 experienced director. 2 highly experienced directors. Whole-Time Director Naresh Padhir was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Oct 18
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. 1 experienced director. 2 highly experienced directors. Whole-Time Director Naresh Padhir was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Oct 04
Amarnath Securities Limited Announces Resignation of Laxmikant Ramprasad Kabra, as Non- Executive, Non-Independent Director of the Company Amarnath Securities Limited that Mr. Laxmikant Ramprasad Kabra, (DIN:00061346) has vide his resignation letter dated on 03rd October, 2022 has resigned from the position of Non- executive, Non-Independent Director of the Company with immediate effect on account of his personal commitments. Mr. Laxmikant Ramprasad Kabra, has confirmed that there are no material reasons for his resignation other than those which are mentioned in the letter. Board Change • Sep 21
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. 1 experienced director. 3 highly experienced directors. Whole-Time Director Naresh Padhir was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 04
Full year 2022 earnings released: EPS: ₹0.22 (vs ₹0.003 in FY 2021) Full year 2022 results: EPS: ₹0.22 (up from ₹0.003 in FY 2021). Revenue: ₹2.44m (down 33% from FY 2021). Net income: ₹645.9k (up ₹636.1k from FY 2021). Profit margin: 27% (up from 0.3% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance. Announcement • Sep 03
Amarnath Securities Limited, Annual General Meeting, Sep 26, 2022 Amarnath Securities Limited, Annual General Meeting, Sep 26, 2022, at 12:00 Indian Standard Time. Announcement • Jul 19
Amarnath Securities Limited Announces Appointment of Ms. Ruchi Gupta, as Company Secretary and Compliance Officer Amarnath Securities Limited at The Board of Directors at its meeting approved appointment of Ms. Ruchi Gupta, as Company Secretary and Compliance Officer of the Company with effect from July 18, 2022 as per the provisions of Section 203 of Companies Act, 2013. Ms. Ruchi Gupta will be the Key Managerial Personnel of the Company. Ms. Ruchi Gupta is an Associate Member of the Institute of Company Secretaries of India and holds a degree of M.comfrom the University of Rajasthan. She has an experience of 2 years in Corporate Laws. She was associated with Tijaria Polypipes Limited & Udaipur Mineral Development Syndicate Private Limited in the past. Announcement • Jul 13
Amarnath Securities Limited Announces Resignation of Swapna Bansode Rajaram, Company Secretary and Compliance Officer Amarnath Securities Limited informed that Ms. Swapna Bansode Rajaram, Company Secretary and Compliance Officer of the Company has announced resigned with immediate effecton account of personal commitments. The Company has accepted her resignation and relieved her with effect from close of business hours on 12 July, 2022. Board Change • Jun 13
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. 1 experienced director. 3 highly experienced directors. Whole-Time Director Naresh Padhir was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • May 02
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. 1 experienced director. 3 highly experienced directors. Whole-Time Director Naresh Padhir was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 14
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.12 (down from ₹0.15 in 3Q 2021). Revenue: ₹773.1k (down 25% from 3Q 2021). Net income: ₹364.5k (down 19% from 3Q 2021). Profit margin: 47% (up from 44% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Announcement • Feb 03
Amarnath Securities Limited to Report Q3, 2022 Results on Feb 10, 2022 Amarnath Securities Limited announced that they will report Q3, 2022 results on Feb 10, 2022 Reported Earnings • Feb 10
Third quarter 2021 earnings released: EPS ₹0.15 (vs ₹0.03 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: ₹1.02m (flat on 3Q 2020). Net income: ₹450.8k (up 476% from 3Q 2020). Profit margin: 44% (up from 7.6% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings. Announcement • Feb 03
Amarnath Securities Limited to Report Q3, 2021 Results on Feb 09, 2021 Amarnath Securities Limited announced that they will report Q3, 2021 results on Feb 09, 2021 
