Valuation Update With 7 Day Price Move • Jun 05
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹216, the stock trades at a trailing P/E ratio of 21.8x. Average trailing P/E is 21x in the Energy Services industry in India. Total loss to shareholders of 20% over the past three years. Reported Earnings • May 28
Full year 2026 earnings released: EPS: ₹9.94 (vs ₹17.57 in FY 2025) Full year 2026 results: EPS: ₹9.94 (down from ₹17.57 in FY 2025). Revenue: ₹4.61b (down 11% from FY 2025). Net income: ₹392.0m (down 44% from FY 2025). Profit margin: 8.5% (down from 13% in FY 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 10% per year. Announcement • May 20
Likhitha Infrastructure Limited to Report Q4, 2026 Results on May 27, 2026 Likhitha Infrastructure Limited announced that they will report Q4, 2026 results on May 27, 2026 Valuation Update With 7 Day Price Move • Apr 11
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to ₹222, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 22x in the Energy Services industry in India. Total loss to shareholders of 13% over the past three years. New Risk • Mar 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 7.8% 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: Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Market cap is less than US$100m (₹6.82b market cap, or US$72.5m). Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹173, the stock trades at a trailing P/E ratio of 13.1x. Average trailing P/E is 19x in the Energy Services industry in India. Total loss to shareholders of 26% over the past three years. Reported Earnings • Feb 15
Third quarter 2026 earnings released: EPS: ₹2.35 (vs ₹4.38 in 3Q 2025) Third quarter 2026 results: EPS: ₹2.35 (down from ₹4.38 in 3Q 2025). Revenue: ₹1.12b (down 11% from 3Q 2025). Net income: ₹92.6m (down 46% from 3Q 2025). Profit margin: 8.2% (down from 14% in 3Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Announcement • Feb 09
Likhitha Infrastructure Limited to Report Q3, 2026 Results on Feb 13, 2026 Likhitha Infrastructure Limited announced that they will report Q3, 2026 results at 12:08 PM, Indian Standard Time on Feb 13, 2026 Reported Earnings • Nov 16
Second quarter 2026 earnings released: EPS: ₹2.92 (vs ₹4.41 in 2Q 2025) Second quarter 2026 results: EPS: ₹2.92 (down from ₹4.41 in 2Q 2025). Revenue: ₹1.03b (down 23% from 2Q 2025). Net income: ₹115.2m (down 34% from 2Q 2025). Profit margin: 11% (down from 13% in 2Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 3% per year. Announcement • Nov 11
Likhitha Infrastructure Limited to Report Q2, 2026 Results on Nov 14, 2025 Likhitha Infrastructure Limited announced that they will report Q2, 2026 results on Nov 14, 2025 New Risk • Nov 07
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹8.70b (US$98.1m) This is considered a minor risk. Companies with a small market capitalization 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. This is currently the only risk that has been identified for the company. Announcement • Aug 29
Likhitha Infrastructure Limited, Annual General Meeting, Sep 19, 2025 Likhitha Infrastructure Limited, Annual General Meeting, Sep 19, 2025, at 12:00 Indian Standard Time. Reported Earnings • Aug 10
First quarter 2026 earnings released: EPS: ₹3.51 (vs ₹4.33 in 1Q 2025) First quarter 2026 results: EPS: ₹3.51 (down from ₹4.33 in 1Q 2025). Revenue: ₹1.24b (down 1.1% from 1Q 2025). Net income: ₹138.4m (down 19% from 1Q 2025). Profit margin: 11% (down from 14% in 1Q 2025). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • May 21
Full year 2025 earnings released: EPS: ₹17.75 (vs ₹16.58 in FY 2024) Full year 2025 results: EPS: ₹17.75 (up from ₹16.58 in FY 2024). Revenue: ₹5.25b (up 25% from FY 2024). Net income: ₹693.3m (up 6.0% from FY 2024). Profit margin: 13% (down from 16% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 16
Likhitha Infrastructure Limited to Report Q4, 2025 Results on May 20, 2025 Likhitha Infrastructure Limited announced that they will report Q4, 2025 results on May 20, 2025 Reported Earnings • Feb 09
Third quarter 2025 earnings released: EPS: ₹4.38 (vs ₹4.07 in 3Q 2024) Third quarter 2025 results: EPS: ₹4.38 (up from ₹4.07 in 3Q 2024). Revenue: ₹1.26b (up 26% from 3Q 2024). Net income: ₹172.8m (up 7.7% from 3Q 2024). Profit margin: 14% (down from 16% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 04
Likhitha Infrastructure Limited to Report Q3, 2025 Results on Feb 08, 2025 Likhitha Infrastructure Limited announced that they will report Q3, 2025 results on Feb 08, 2025 Announcement • Nov 09
Likhitha Infrastructure Limited to Report Q2, 2025 Results on Nov 12, 2024 Likhitha Infrastructure Limited announced that they will report Q2, 2025 results on Nov 12, 2024 Announcement • Sep 26
Likhitha Infrastructure Limited Declares Dividend for the Financial Year Ended March 31, 2024 Likhitha Infrastructure Limited at its AGM held on September 24, 2024, declared a dividend of INR 1.50/- (i. e. @ 30%) per Equity Share of face value INR 5/- each for the financial year ended March 31, 2024. Declared Dividend • Sep 05
Dividend of ₹1.50 announced Dividend of ₹1.50 is the same as last year. Ex-date: 17th September 2024 Payment date: 24th October 2024 Dividend yield will be 0.3%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (9% earnings payout ratio) and cash flows (89.6% cash payout ratio). The dividend has increased by an average of 26% per year over the past 3 years and payments have been stable during that time. Earnings per share has grown by 23% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Sep 03
Likhitha Infrastructure Limited, Annual General Meeting, Sep 24, 2024 Likhitha Infrastructure Limited, Annual General Meeting, Sep 24, 2024, at 12:00 Indian Standard Time. Reported Earnings • Aug 10
First quarter 2025 earnings released: EPS: ₹4.33 (vs ₹4.01 in 1Q 2024) First quarter 2025 results: EPS: ₹4.33 (up from ₹4.01 in 1Q 2024). Revenue: ₹1.26b (up 40% from 1Q 2024). Net income: ₹170.7m (up 7.8% from 1Q 2024). Profit margin: 14% (down from 18% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 02
Likhitha Infrastructure Limited to Report Q1, 2024 Results on Aug 09, 2024 Likhitha Infrastructure Limited announced that they will report Q1, 2024 results on Aug 09, 2024 Valuation Update With 7 Day Price Move • Jun 10
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹426, the stock trades at a trailing P/E ratio of 25.7x. Average trailing P/E is 40x in the Energy Services industry in India. Total returns to shareholders of 100% over the past three years. New Risk • Jun 06
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 29% 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 Risk High level of non-cash earnings (29% accrual ratio). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. New Risk • Jun 04
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 7.9% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.9% average weekly change). Reported Earnings • May 28
Full year 2024 earnings released: EPS: ₹16.58 (vs ₹15.09 in FY 2023) Full year 2024 results: EPS: ₹16.58 (up from ₹15.09 in FY 2023). Revenue: ₹4.27b (up 17% from FY 2023). Net income: ₹654.1m (up 9.9% from FY 2023). Profit margin: 15% (down from 16% 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 23% per year whereas the company’s share price has increased by 22% per year. Announcement • May 22
Likhitha Infrastructure Limited to Report Q4, 2024 Results on May 27, 2024 Likhitha Infrastructure Limited announced that they will report Q4, 2024 results on May 27, 2024 Valuation Update With 7 Day Price Move • May 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹360, the stock trades at a trailing P/E ratio of 22.3x. Average trailing P/E is 43x in the Energy Services industry in India. Total returns to shareholders of 97% over the past three years. Valuation Update With 7 Day Price Move • Apr 18
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹308, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 29x in the Energy Services industry in India. Total returns to shareholders of 71% over the past three years. Reported Earnings • Feb 14
Third quarter 2024 earnings released: EPS: ₹4.07 (vs ₹3.96 in 3Q 2023) Third quarter 2024 results: EPS: ₹4.07 (up from ₹3.96 in 3Q 2023). Revenue: ₹1.02b (up 23% from 3Q 2023). Net income: ₹160.5m (up 2.8% from 3Q 2023). Profit margin: 16% (down from 19% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 23% per year. Announcement • Feb 03
Likhitha Infrastructure Limited to Report Q3, 2024 Results on Feb 13, 2024 Likhitha Infrastructure Limited announced that they will report Q3, 2024 results on Feb 13, 2024 Reported Earnings • Nov 08
Second quarter 2024 earnings released: EPS: ₹3.91 (vs ₹3.70 in 2Q 2023) Second quarter 2024 results: EPS: ₹3.91 (up from ₹3.70 in 2Q 2023). Revenue: ₹1.10b (up 33% from 2Q 2023). Net income: ₹154.3m (up 5.6% from 2Q 2023). Profit margin: 14% (down from 18% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Nov 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Non- Executive Woman Independent Director Jayashree Voruganty was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Sep 13
Upcoming dividend of ₹1.50 per share at 0.5% yield Eligible shareholders must have bought the stock before 20 September 2023. Payment date: 27 October 2023. Payout ratio is a comfortable 9.9% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.4%). In line with average of industry peers (0.5%). Announcement • Sep 06
Likhitha Infrastructure Limited Recommends Final Dividend for the Fiscal Year 2022-23 The board of directors of Likhitha Infrastructure Limited at its meeting held on May 18, 2023, has recommended a final dividend at the rate of 30% i.e., INR 1.50 per equity share on 3,94,50,000 equity shares of INR 5 each for the fiscal year 2022-23. The dividend, if declared at the annual general meeting to be held on September 27, 2023, will be paid within a period of 30 days from the date of declaration to those members whose names appear on the register of members as on September 20, 2023. Announcement • Sep 03
Likhitha Infrastructure Limited, Annual General Meeting, Sep 27, 2023 Likhitha Infrastructure Limited, Annual General Meeting, Sep 27, 2023, at 12:00 Indian Standard Time. Reported Earnings • Aug 10
First quarter 2024 earnings released: EPS: ₹4.01 (vs ₹3.44 in 1Q 2023) First quarter 2024 results: EPS: ₹4.01 (up from ₹3.44 in 1Q 2023). Revenue: ₹915.3m (up 13% from 1Q 2023). Net income: ₹158.3m (up 17% from 1Q 2023). Profit margin: 17% (in line with 1Q 2023). Announcement • Aug 04
Likhitha Infrastructure Limited to Report Q1, 2024 Results on Aug 09, 2023 Likhitha Infrastructure Limited announced that they will report Q1, 2024 results on Aug 09, 2023 Announcement • May 19
Likhitha Infrastructure Limited Recommends Dividend for the Financial Year Ended March 31, 2023 Likhitha Infrastructure Limited recommended of a dividend at the rate of 30% i.e., INR 1.5 per equity share of face value of INR 5 each for the financial year ended March 31, 2023. Reported Earnings • May 19
Full year 2023 earnings released: EPS: ₹15.28 (vs ₹11.69 in FY 2022) Full year 2023 results: EPS: ₹15.28 (up from ₹11.69 in FY 2022). Revenue: ₹3.69b (up 44% from FY 2022). Net income: ₹603.0m (up 31% from FY 2022). Profit margin: 16% (down from 18% in FY 2022). The decrease in margin was driven by higher expenses. Announcement • May 13
Likhitha Infrastructure Limited to Report Q4, 2023 Results on May 18, 2023 Likhitha Infrastructure Limited announced that they will report Q4, 2023 results on May 18, 2023 Valuation Update With 7 Day Price Move • Apr 20
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹300, the stock trades at a trailing P/E ratio of 20.4x. Average trailing P/E is 16x in the Energy Services industry in India. Total returns to shareholders of 86% over the past year. Reported Earnings • Feb 09
Third quarter 2023 earnings released: EPS: ₹3.96 (vs ₹2.86 in 3Q 2022) Third quarter 2023 results: EPS: ₹3.96 (up from ₹2.86 in 3Q 2022). Revenue: ₹846.8m (up 31% from 3Q 2022). Net income: ₹156.0m (up 39% from 3Q 2022). Profit margin: 18% (up from 17% in 3Q 2022). The increase in margin was driven by higher revenue. Announcement • Feb 08
Likhitha Infrastructure Limited Announces Resignation of Gaddipati Kutumba Rao as Non-Executive Director Likhitha Infrastructure Limited announced the Resignation of Mr. Gaddipati Kutumba Rao, Non-Executive Director of the Company. Date of cessation is February 08, 2023. Announcement • Feb 01
Likhitha Infrastructure Limited to Report Q3, 2023 Results on Feb 08, 2023 Likhitha Infrastructure Limited announced that they will report Q3, 2023 results on Feb 08, 2023 Valuation Update With 7 Day Price Move • Nov 30
Investor sentiment improved over the past week After last week's 15% share price gain to ₹470, the stock trades at a trailing P/E ratio of 14.9x. Average trailing P/E is 18x in the Energy Services industry in India. Total returns to shareholders of 44% over the past year. Upcoming Dividend • Sep 09
Upcoming dividend of ₹1.00 per share Eligible shareholders must have bought the stock before 16 September 2022. Payment date: 26 October 2022. Payout ratio is a comfortable 10.0% but the company is not cash flow positive. Trailing yield: 0.6%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (0.8%). Valuation Update With 7 Day Price Move • Aug 30
Investor sentiment improved over the past week After last week's 20% share price gain to ₹335, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 21x in the Energy Services industry in India. Total loss to shareholders of 11% over the past year. Reported Earnings • Aug 11
First quarter 2023 earnings released: EPS: ₹6.88 (vs ₹5.15 in 1Q 2022) First quarter 2023 results: EPS: ₹6.88 (up from ₹5.15 in 1Q 2022). Revenue: ₹819.8m (up 47% from 1Q 2022). Net income: ₹135.7m (up 34% from 1Q 2022). Profit margin: 17% (down from 18% in 1Q 2022). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Jun 27
Investor sentiment improved over the past week After last week's 16% share price gain to ₹284, the stock trades at a trailing P/E ratio of 10.5x. Average trailing P/E is 14x in the Energy Services industry in India. Total loss to shareholders of 29% over the past year. Reported Earnings • May 30
Full year 2022 earnings released: EPS: ₹23.38 (vs ₹14.70 in FY 2021) Full year 2022 results: EPS: ₹23.38 (up from ₹14.70 in FY 2021). Revenue: ₹2.61b (up 37% from FY 2021). Net income: ₹461.2m (up 59% from FY 2021). Profit margin: 18% (up from 15% in FY 2021). The increase in margin was driven by higher revenue. Reported Earnings • Feb 09
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹5.71 (up from ₹5.04 in 3Q 2021). Revenue: ₹655.8m (up 12% from 3Q 2021). Net income: ₹112.6m (up 18% from 3Q 2021). Profit margin: 17% (in line with 3Q 2021). Revenue was in line with analyst estimates. Upcoming Dividend • Nov 16
Upcoming dividend of ₹1.50 per share Eligible shareholders must have bought the stock before 23 November 2021. Payment date: 09 December 2021. Trailing yield: 0.4%. Lower than top quartile of Indian dividend payers (1.4%). In line with average of industry peers (0.3%). Reported Earnings • Nov 07
Second quarter 2022 earnings released: EPS ₹5.26 (vs ₹3.67 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹597.7m (up 44% from 2Q 2021). Net income: ₹103.8m (up 94% from 2Q 2021). Profit margin: 17% (up from 13% in 2Q 2021). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Sep 01
Investor sentiment improved over the past week After last week's 22% share price gain to ₹391, the stock trades at a trailing P/E ratio of 18x. Average trailing P/E is 17x in the Energy Services industry in India. Reported Earnings • Jun 12
Full year 2021 earnings released: EPS ₹17.05 (vs ₹13.59 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹1.93b (up 20% from FY 2020). Net income: ₹289.9m (up 46% from FY 2020). Profit margin: 15% (up from 12% in FY 2020). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Jun 12
Investor sentiment improved over the past week After last week's 17% share price gain to ₹463, the stock trades at a trailing P/E ratio of 34.7x. Average trailing P/E is 25x in the Energy Services industry in India. Valuation Update With 7 Day Price Move • Apr 05
Investor sentiment improved over the past week After last week's 19% share price gain to ₹375, the stock trades at a trailing P/E ratio of 25.7x. Average trailing P/E is 21x in the Energy Services industry in India. Valuation Update With 7 Day Price Move • Mar 05
Investor sentiment improved over the past week After last week's 16% share price gain to ₹318, the stock is trading at a trailing P/E ratio of 23.6x, up from the previous P/E ratio of 20.4x. This compares to an average P/E of 19x in the Energy Services industry in India. Is New 90 Day High Low • Feb 23
New 90-day high: ₹284 The company is up 86% from its price of ₹153 on 25 November 2020. The Indian market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 29% over the same period. Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment improved over the past week After last week's 16% share price gain to ₹248, the stock is trading at a trailing P/E ratio of 17.6x, up from the previous P/E ratio of 15.1x. This compares to an average P/E of 17x in the Construction industry in India. Is New 90 Day High Low • Feb 03
New 90-day high: ₹207 The company is up 28% from its price of ₹161 on 05 November 2020. The Indian market is up 22% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Construction industry, which is up 43% over the same period. Valuation Update With 7 Day Price Move • Jan 01
Investor sentiment improved over the past week After last week's 23% share price gain to ₹192, the stock is trading at a trailing P/E ratio of 13.3x, up from the previous P/E ratio of 10.8x. This compares to an average P/E of 14x in the Construction industry in India. Valuation Update With 7 Day Price Move • Oct 28
Market bids up stock over the past week After last week's 20% share price gain to ₹160, the stock is trading at a trailing P/E ratio of 11.2x, up from the previous P/E ratio of 9.3x. This compares to an average P/E of 12x in the Construction industry in India.