Declared Dividend • Aug 13
Dividend reduced to ₹5.00 Dividend of ₹5.00 is 38% lower than last year. Ex-date: 11th September 2026 Payment date: 18th October 2026 Dividend yield will be 1.7%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (20% cash payout ratio). The dividend has increased by an average of 9.6% per year over the past 10 years. However, payments have been volatile during that time. Reported Earnings • Aug 12
First quarter 2027 earnings released: EPS: ₹22.40 (vs ₹1.27 in 1Q 2026) First quarter 2027 results: EPS: ₹22.40 (up from ₹1.27 in 1Q 2026). Revenue: ₹852.7m (up 109% from 1Q 2026). Net income: ₹142.6m (up ₹134.5m from 1Q 2026). Profit margin: 17% (up from 2.0% in 1Q 2026). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. Announcement • Aug 11
Alphageo (India) Limited, Annual General Meeting, Sep 18, 2026 Alphageo (India) Limited, Annual General Meeting, Sep 18, 2026, at 11:00 Indian Standard Time. Announcement • Aug 03
Alphageo (India) Limited to Report Q1, 2027 Results on Aug 11, 2026 Alphageo (India) Limited announced that they will report Q1, 2027 results on Aug 11, 2026 Reported Earnings • May 28
Full year 2026 earnings released: ₹21.83 loss per share (vs ₹9.60 loss in FY 2025) Full year 2026 results: ₹21.83 loss per share (further deteriorated from ₹9.60 loss in FY 2025). Revenue: ₹1.18b (down 5.8% from FY 2025). Net loss: ₹138.9m (loss widened 127% from FY 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance. Announcement • May 22
Alphageo (India) Limited to Report Q4, 2026 Results on May 27, 2026 Alphageo (India) Limited announced that they will report Q4, 2026 results on May 27, 2026 New Risk • Apr 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 8.8% 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 Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 42% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Market cap is less than US$100m (₹1.43b market cap, or US$15.4m). Reported Earnings • Feb 12
Third quarter 2026 earnings released: ₹9.27 loss per share (vs ₹12.34 loss in 3Q 2025) Third quarter 2026 results: ₹9.27 loss per share (improved from ₹12.34 loss in 3Q 2025). Revenue: ₹190.9m (up 71% from 3Q 2025). Net loss: ₹59.0m (loss narrowed 25% from 3Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance. Announcement • Feb 03
Alphageo (India) Limited to Report Q3, 2026 Results on Feb 11, 2026 Alphageo (India) Limited announced that they will report Q3, 2026 results on Feb 11, 2026 Reported Earnings • Nov 16
Second quarter 2026 earnings released: ₹8.98 loss per share (vs ₹2.79 profit in 2Q 2025) Second quarter 2026 results: ₹8.98 loss per share (down from ₹2.79 profit in 2Q 2025). Revenue: ₹62.2m (down 67% from 2Q 2025). Net loss: ₹57.2m (down 423% from profit in 2Q 2025). 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. Announcement • Nov 07
Alphageo (India) Limited to Report Q2, 2026 Results on Nov 14, 2025 Alphageo (India) Limited announced that they will report Q2, 2026 results on Nov 14, 2025 Announcement • Sep 26
Alphageo (India) Limited Declares Dividend for the Financial Year 2024-25 Alphageo (India) Limited at its AGM held on September 26, 2025, declared a Dividend of INR 8 per equity share of INR 10 each for the Financial Year 2024-25. Upcoming Dividend • Sep 12
Upcoming dividend of ₹8.00 per share Eligible shareholders must have bought the stock before 19 September 2025. Payment date: 26 October 2025. The company is not currently making a profit and is not cash flow positive. Trailing yield: 3.0%. Within top quartile of Indian dividend payers (1.2%). Higher than average of industry peers (0.5%). Declared Dividend • Aug 14
Dividend of ₹8.00 announced Dividend of ₹8.00 is the same as last year. Ex-date: 19th September 2025 Payment date: 26th October 2025 Dividend yield will be 3.4%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Announcement • Aug 13
Alphageo (India) Limited, Annual General Meeting, Sep 26, 2025 Alphageo (India) Limited, Annual General Meeting, Sep 26, 2025, at 11:00 Indian Standard Time. Reported Earnings • Aug 13
First quarter 2026 earnings released: EPS: ₹1.27 (vs ₹5.89 in 1Q 2025) First quarter 2026 results: EPS: ₹1.27 (down from ₹5.89 in 1Q 2025). Revenue: ₹437.3m (up 73% from 1Q 2025). Net income: ₹8.11m (down 78% from 1Q 2025). Profit margin: 1.9% (down from 15% in 1Q 2025). 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 58 percentage points per year, which is a significant difference in performance. Announcement • Aug 04
Alphageo (India) Limited to Report Q1, 2026 Results on Aug 12, 2025 Alphageo (India) Limited announced that they will report Q1, 2026 results on Aug 12, 2025 Reported Earnings • May 28
Full year 2025 earnings released: ₹9.60 loss per share (vs ₹0.59 profit in FY 2024) Full year 2025 results: ₹9.60 loss per share (down from ₹0.59 profit in FY 2024). Revenue: ₹1.36b (up 37% from FY 2024). Net loss: ₹61.1m (down ₹64.9m from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Announcement • May 17
Alphageo (India) Limited to Report Q4, 2025 Results on May 26, 2025 Alphageo (India) Limited announced that they will report Q4, 2025 results on May 26, 2025 Reported Earnings • Feb 12
Third quarter 2025 earnings released: ₹12.34 loss per share (vs ₹6.22 profit in 3Q 2024) Third quarter 2025 results: ₹12.34 loss per share (down from ₹6.22 profit in 3Q 2024). Revenue: ₹116.9m (down 70% from 3Q 2024). Net loss: ₹78.5m (down 298% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. New Risk • Feb 11
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 9.5% 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 Share price has been highly volatile over the past 3 months (9.5% average weekly change). Dividend is not well covered by earnings and cash flows. Dividend per share is over 13x earnings per share. Paying a dividend despite having no free cash flows. High level of non-cash earnings (37% accrual ratio). Minor Risk Market cap is less than US$100m (₹2.00b market cap, or US$23.1m). Valuation Update With 7 Day Price Move • Feb 11
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to ₹315, the stock trades at a trailing P/E ratio of 14.9x. Average trailing P/E is 20x in the Energy Services industry in India. Total returns to shareholders of 7.2% over the past three years. Announcement • Feb 03
Alphageo (India) Limited to Report Q3, 2025 Results on Feb 11, 2025 Alphageo (India) Limited announced that they will report Q3, 2025 results on Feb 11, 2025 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 Dividend is not well covered by earnings and cash flows. Dividend per share is over 13x earnings per share. Paying a dividend despite having no free cash flows. High level of non-cash earnings (37% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Market cap is less than US$100m (₹2.86b market cap, or US$33.7m). Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹447, the stock trades at a trailing P/E ratio of 21.3x. Average trailing P/E is 25x in the Energy Services industry in India. Total returns to shareholders of 53% over the past three years. New Risk • Nov 12
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 37% 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 Dividend is not well covered by earnings and cash flows. Dividend per share is over 13x earnings per share. Paying a dividend despite having no free cash flows. High level of non-cash earnings (37% accrual ratio). Minor Risk Market cap is less than US$100m (₹2.46b market cap, or US$29.2m). Reported Earnings • Nov 12
Second quarter 2025 earnings released: EPS: ₹2.79 (vs ₹6.78 loss in 2Q 2024) Second quarter 2025 results: EPS: ₹2.79 (up from ₹6.78 loss in 2Q 2024). Revenue: ₹225.6m (up ₹201.7m from 2Q 2024). Net income: ₹17.7m (up ₹60.9m from 2Q 2024). Profit margin: 7.9% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Announcement • Nov 02
Alphageo (India) Limited to Report Q2, 2025 Results on Nov 11, 2024 Alphageo (India) Limited announced that they will report Q2, 2025 results on Nov 11, 2024 Announcement • Sep 28
Alphageo (India) Limited Declares Dividend for the Financial Year 2023-24 Alphageo (India) Limited at its AGM held on September 27, 2024, declared a Dividend of INR 8 per equity share of INR 10 each
for the Financial Year 2023-24. Upcoming Dividend • Sep 13
Upcoming dividend of ₹8.00 per share Eligible shareholders must have bought the stock before 20 September 2024. Payment date: 27 October 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 1.9%. Within top quartile of Indian dividend payers (1.0%). Higher than average of industry peers (0.3%). Declared Dividend • Aug 16
Dividend of ₹8.00 announced Dividend of ₹8.00 is the same as last year. Ex-date: 20th September 2024 Payment date: 27th October 2024 Dividend yield will be 1.8%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is not covered by earnings (dividend approximately 13x earnings) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 1,381% to bring the payout ratio under control. However, EPS has declined by 31% over the last 5 years so the company would need to reverse this trend. Reported Earnings • Aug 15
First quarter 2025 earnings released: EPS: ₹5.89 (vs ₹5.08 loss in 1Q 2024) First quarter 2025 results: EPS: ₹5.89 (up from ₹5.08 loss in 1Q 2024). Revenue: ₹295.4m (up 474% from 1Q 2024). Net income: ₹37.5m (up ₹69.9m from 1Q 2024). Profit margin: 13% (up from net loss in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance. Announcement • Aug 14
Alphageo (India) Limited, Annual General Meeting, Sep 27, 2024 Alphageo (India) Limited, Annual General Meeting, Sep 27, 2024, at 11:00 Indian Standard Time. Announcement • Aug 06
Alphageo (India) Limited to Report Q1, 2025 Results on Aug 14, 2024 Alphageo (India) Limited announced that they will report Q1, 2025 results on Aug 14, 2024 Recent Insider Transactions • Jul 04
MD & Executive Chairman of the Board recently sold ₹390k worth of stock On the 27th of June, Dinesh Alla sold around 1k shares on-market at roughly ₹390 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Dinesh's only on-market trade for the last 12 months. New Risk • Jun 07
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Dividend per share is over 13x earnings per share. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.2% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Dividend per share is over 13x earnings per share. Paying a dividend despite having no free cash flows. Earnings have declined by 17% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.4% net profit margin). Market cap is less than US$100m (₹2.11b market cap, or US$25.3m). Reported Earnings • May 21
Full year 2024 earnings released: EPS: ₹0.60 (vs ₹20.43 in FY 2023) Full year 2024 results: EPS: ₹0.60 (down from ₹20.43 in FY 2023). Revenue: ₹1.13b (up 72% from FY 2023). Net income: ₹3.79m (down 97% from FY 2023). Profit margin: 0.3% (down from 20% in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance. Announcement • May 14
Alphageo (India) Limited to Report Q4, 2024 Results on May 20, 2024 Alphageo (India) Limited announced that they will report Q4, 2024 results on May 20, 2024 Reported Earnings • Feb 14
Third quarter 2024 earnings released: EPS: ₹6.22 (vs ₹17.39 in 3Q 2023) Third quarter 2024 results: EPS: ₹6.22 (down from ₹17.39 in 3Q 2023). Revenue: ₹437.3m (up ₹391.0m from 3Q 2023). Net income: ₹39.6m (down 64% from 3Q 2023). Profit margin: 9.1% (down from 239% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. New Risk • Feb 09
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 7.7% 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 Risks Earnings have declined by 24% per year over the past 5 years. High level of non-cash earnings (70% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.7% average weekly change). Revenue is less than US$5m (₹263m revenue, or US$3.2m). Market cap is less than US$100m (₹2.33b market cap, or US$28.0m). Announcement • Feb 06
Alphageo (India) Limited to Report Q3, 2024 Results on Feb 13, 2024 Alphageo (India) Limited announced that they will report Q3, 2024 results on Feb 13, 2024 Reported Earnings • Nov 14
Second quarter 2024 earnings released: ₹6.78 loss per share (vs ₹6.05 loss in 2Q 2023) Second quarter 2024 results: ₹6.78 loss per share (further deteriorated from ₹6.05 loss in 2Q 2023). Revenue: ₹23.9m (up 90% from 2Q 2023). Net loss: ₹43.1m (loss widened 12% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Announcement • Nov 01
Alphageo (India) Limited to Report Q2, 2024 Results on Nov 08, 2023 Alphageo (India) Limited announced that they will report Q2, 2024 results on Nov 08, 2023 Upcoming Dividend • Sep 15
Upcoming dividend of ₹8.00 per share at 2.6% yield Eligible shareholders must have bought the stock before 22 September 2023. Payment date: 29 October 2023. Payout ratio is a comfortable 39% but the company is not cash flow positive. Trailing yield: 2.6%. Within top quartile of Indian dividend payers (1.3%). Higher than average of industry peers (0.5%). Announcement • Sep 06
Alphageo (India) Limited Recommends Dividend for the Financial Year Ended March 31, 2023 Alphageo (India) Limited recommended to declare a dividend of INR 8 per equity share of INR 10 each for the financial year ended March 31, 2023. Announcement • Aug 24
Alphageo (India) Limited, Annual General Meeting, Sep 29, 2023 Alphageo (India) Limited, Annual General Meeting, Sep 29, 2023, at 11:00 Indian Standard Time. New Risk • Aug 13
New minor risk - Revenue size The company makes less than US$5m in revenue. Total revenue: ₹252m (US$3.0m) This is considered a minor risk. Companies with a small amount of revenue 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 Risk Earnings have declined by 27% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Revenue is less than US$5m (₹252m revenue, or US$3.0m). Market cap is less than US$100m (₹1.89b market cap, or US$22.8m). Reported Earnings • Aug 12
First quarter 2024 earnings released: ₹5.08 loss per share (vs ₹10.70 profit in 1Q 2023) First quarter 2024 results: ₹5.08 loss per share (down from ₹10.70 profit in 1Q 2023). Revenue: ₹86.1m (down 81% from 1Q 2023). Net loss: ₹32.4m (down 148% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Announcement • Aug 12
Alphageo (India) Limited Announces Retirement of Rajesh Alla as Non-Executive Director Alphageo (India) Limited at Board of Directors meeting held t held on August 11, 2023, Mr. Rajesh Alla, Non-executive director who is liable to retire by rotation at the ensuing 36th Annual general meeting of company, does not seek reappointment as director of the Company and will hold office as non-executive director of the company till the date of ensuing 36th AGM 29 September 2023. Announcement • Aug 04
Alphageo (India) Limited to Report Q1, 2024 Results on Aug 11, 2023 Alphageo (India) Limited announced that they will report Q1, 2024 results on Aug 11, 2023 Reported Earnings • May 30
Full year 2023 earnings released: EPS: ₹20.43 (vs ₹19.16 in FY 2022) Full year 2023 results: EPS: ₹20.43 (up from ₹19.16 in FY 2022). Revenue: ₹900.5m (down 42% from FY 2022). Net income: ₹130.0m (up 6.6% from FY 2022). Profit margin: 14% (up from 7.9% in FY 2022). The increase in margin was driven by lower expenses. 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 18% per year, which means it is significantly lagging earnings growth. Announcement • May 27
Alphageo (India) Limited Recommends A Dividend for the Year Ended 31 March, 2023 Alphageo (India) Limited at Board of Directors at its meeting held on 26 May, 2023, recommended a dividend of INR 8/- per equity share of INR 10/- each for the year ended 31 March, 2023, subject to the approval of members at 36 Annual General Meeting of the Company. Board Change • Mar 01
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. 3 experienced directors. 3 highly experienced directors. Independent Non-Executive Director Vinay Verma was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 09
Third quarter 2023 earnings released: EPS: ₹17.39 (vs ₹3.58 loss in 3Q 2022) Third quarter 2023 results: EPS: ₹17.39 (up from ₹3.58 loss in 3Q 2022). Revenue: ₹46.3m (down 71% from 3Q 2022). Net income: ₹110.7m (up ₹133.5m from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • Jan 31
Alphageo (India) Limited to Report Q3, 2023 Results on Feb 07, 2023 Alphageo (India) Limited announced that they will report Q3, 2023 results on Feb 07, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: ₹6.05 loss per share (vs ₹10.93 loss in 2Q 2022) Second quarter 2023 results: ₹6.05 loss per share (improved from ₹10.93 loss in 2Q 2022). Revenue: ₹37.8m (up 28% from 2Q 2022). Net loss: ₹38.5m (loss narrowed 45% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 20% per year. Upcoming Dividend • Sep 08
Upcoming dividend of ₹8.00 per share Eligible shareholders must have bought the stock before 15 September 2022. Payment date: 24 October 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 2.5%. Within top quartile of Indian dividend payers (1.6%). Higher than average of industry peers (0.9%). Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₹272, the stock trades at a trailing P/E ratio of 14.6x. Average trailing P/E is 15x in the Energy Services industry in India. Total loss to shareholders of 26% over the past three years. Valuation Update With 7 Day Price Move • May 20
Investor sentiment improved over the past week After last week's 15% share price gain to ₹308, the stock trades at a trailing P/E ratio of 7.9x. Average trailing P/E is 12x in the Energy Services industry in India. Total loss to shareholders of 26% over the past three years. Reported Earnings • Feb 08
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: ₹3.58 loss per share (down from ₹21.66 profit in 3Q 2021). Revenue: ₹149.0m (down 76% from 3Q 2021). Net loss: ₹22.8m (down 117% from profit in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Dec 28
Investor sentiment improved over the past week After last week's 21% share price gain to ₹389, the stock trades at a trailing P/E ratio of 5.4x. Average trailing P/E is 15x in the Energy Services industry in India. Total loss to shareholders of 9.4% over the past three years. Valuation Update With 7 Day Price Move • Nov 01
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹342, the stock trades at a trailing P/E ratio of 6.6x. Average trailing P/E is 24x in the Energy Services industry in India. Total loss to shareholders of 24% over the past three years. Upcoming Dividend • Sep 14
Upcoming dividend of ₹8.00 per share Eligible shareholders must have bought the stock before 21 September 2021. Payment date: 29 October 2021. Trailing yield: 2.4%. Within top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (0.3%). Recent Insider Transactions • Sep 11
Chairman of the Board & MD recently sold ₹3.4m worth of stock On the 9th of September, Dinesh Alla sold around 8k shares on-market at roughly ₹460 per share. This was the largest sale by an insider in the last 3 months. Despite the recent sale, Dinesh has been a buyer over the last 12 months, purchasing a net total of ₹853k worth of shares. Executive Departure • Sep 09
Company Secretary & Compliance Officer Deepa Dutta has left the company On the 3rd of September, Deepa Dutta's tenure as Company Secretary & Compliance Officer ended after 3.8 years in the role. We don't have any record of a personal shareholding under Deepa's name. Deepa is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 5.71 years. Valuation Update With 7 Day Price Move • Sep 06
Investor sentiment improved over the past week After last week's 19% share price gain to ₹409, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 19x in the Energy Services industry in India. Total loss to shareholders of 31% over the past three years. Reported Earnings • Jun 29
Full year 2021 earnings released: EPS ₹10.13 (vs ₹13.77 loss in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: ₹1.66b (down 38% from FY 2020). Net income: ₹64.4m (up ₹152.1m from FY 2020). Profit margin: 3.9% (up from net loss in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Feb 25
New 90-day high: ₹227 The company is up 3.0% from its price of ₹219 on 27 November 2020. The Indian market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Energy Services industry, which is up 17% over the same period. Reported Earnings • Jan 30
Third quarter 2021 earnings released: EPS ₹21.66 (vs ₹10.85 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: ₹626.3m (down 3.9% from 3Q 2020). Net income: ₹137.9m (up 100% from 3Q 2020). Profit margin: 22% (up from 11% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 84% per year but the company’s share price has only fallen by 38% per year, which means it has not declined as severely as earnings. Recent Insider Transactions • Dec 28
Chairman of the Board & MD recently bought ₹4.3m worth of stock On the 24th of December, Dinesh Alla bought around 22k shares on-market at roughly ₹200 per share. This was the largest purchase by an insider in the last 3 months. Dinesh has been a buyer over the last 12 months, purchasing a net total of ₹4.4m worth in shares. Is New 90 Day High Low • Nov 23
New 90-day high: ₹187 The company is up 5.0% from its price of ₹179 on 25 August 2020. The Indian market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Energy Services industry, which is down 4.0% over the same period. Is New 90 Day High Low • Nov 03
New 90-day low: ₹144 The company is down 16% from its price of ₹171 on 05 August 2020. The Indian market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Energy Services industry, which is up 8.0% over the same period. Reported Earnings • Oct 24
First half earnings released Over the last 12 months the company has reported total losses of ₹275.1m, with earnings decreasing by ₹577.0m from the prior year. Total revenue was ₹1.30b over the last 12 months, down 68% from the prior year.