Reported Earnings • May 30
Full year 2026 earnings released: EPS: ₹5.00 (vs ₹6.86 in FY 2025) Full year 2026 results: EPS: ₹5.00 (down from ₹6.86 in FY 2025). Revenue: ₹8.29b (down 11% from FY 2025). Net income: ₹114.3m (down 24% from FY 2025). Profit margin: 1.4% (down from 1.6% in FY 2025). The decrease in margin was driven by lower revenue. New Risk • May 24
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2025. 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (13% average weekly change). High level of non-cash earnings (59% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Market cap is less than US$100m (₹2.23b market cap, or US$23.3m). Announcement • May 16
Ramdevbaba Solvent Limited to Report Second Half, 2026 Results on May 27, 2026 Ramdevbaba Solvent Limited announced that they will report second half, 2026 results on May 27, 2026 Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹73.00, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 18x in the Food industry in India. Total loss to shareholders of 36% over the past year. New Risk • Mar 17
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 9.3% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (9.3% average weekly change). High level of non-cash earnings (59% accrual ratio). Minor Risk Market cap is less than US$100m (₹1.68b market cap, or US$18.2m). Valuation Update With 7 Day Price Move • Mar 16
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to ₹61.45, the stock trades at a trailing P/E ratio of 10.4x. Average trailing P/E is 18x in the Food industry in India. Total loss to shareholders of 45% over the past year. Announcement • Oct 29
Ramdevbaba Solvent Limited to Report First Half, 2026 Results on Nov 05, 2025 Ramdevbaba Solvent Limited announced that they will report first half, 2026 results on Nov 05, 2025 Reported Earnings • Aug 30
Full year 2025 earnings released: EPS: ₹6.86 (vs ₹8.60 in FY 2024) Full year 2025 results: EPS: ₹6.86. Revenue: ₹9.29b (up 35% from FY 2024). Net income: ₹150.0m (up 15% from FY 2024). Profit margin: 1.6% (down from 1.9% in FY 2024). The decrease in margin was driven by higher expenses. Announcement • Aug 21
Ramdevbaba Solvent Limited, Annual General Meeting, Sep 23, 2025 Ramdevbaba Solvent Limited, Annual General Meeting, Sep 23, 2025, at 10:30 Indian Standard Time. New Risk • Jun 01
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. 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 Risk Debt is not well covered by operating cash flow (3.3% operating cash flow to total debt). Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Market cap is less than US$100m (₹2.35b market cap, or US$27.4m). Board Change • Mar 06
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Hemant Kalantri was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Dec 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 7.5% 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 Risk Debt is not well covered by operating cash flow (3.3% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Market cap is less than US$100m (₹3.11b market cap, or US$36.4m). Reported Earnings • Nov 15
First half 2025 earnings released: EPS: ₹3.74 (vs ₹5.52 in 1H 2024) First half 2025 results: EPS: ₹3.74 (down from ₹5.52 in 1H 2024). Revenue: ₹4.05b (up 3.7% from 1H 2024). Net income: ₹80.6m (down 3.1% from 1H 2024). Profit margin: 2.0% (down from 2.1% in 1H 2024). The decrease in margin was driven by higher expenses. New Risk • Nov 13
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 Risk Interest payments are not well covered by earnings (2.9x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Market cap is less than US$100m (₹2.72b market cap, or US$32.2m). Board Change • Nov 08
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Hemant Kalantri was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Aug 30
Ramdevbaba Solvent Limited, Annual General Meeting, Sep 27, 2024 Ramdevbaba Solvent Limited, Annual General Meeting, Sep 27, 2024, at 10:30 Indian Standard Time. Valuation Update With 7 Day Price Move • Jun 18
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹106, the stock trades at a trailing P/E ratio of 18x. Average trailing P/E is 27x in the Food industry in India. Valuation Update With 7 Day Price Move • Jun 18
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹106, the stock trades at a trailing P/E ratio of 18x. Average trailing P/E is 27x in the Food industry in India. Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: ₹8.60 (vs ₹9.45 in FY 2023) Full year 2024 results: EPS: ₹8.60. Revenue: ₹6.93b (flat on FY 2023). Net income: ₹130.3m (flat on FY 2023). Profit margin: 1.9% (in line with FY 2023). Announcement • Apr 23
Ramdevbaba Solvent Limited has completed an IPO in the amount of INR 502.656 million. Ramdevbaba Solvent Limited has completed an IPO in the amount of INR 502.656 million.
Security Name: Equity Shares
Security Type: Common Stock
Securities Offered: 313,600
Price\Range: INR 85
Security Name: Equity Shares
Security Type: Common Stock
Securities Offered: 1,680,000
Price\Range: INR 85
Security Name: Equity Shares
Security Type: Common Stock
Securities Offered: 1,120,000
Price\Range: INR 85
Security Name: Equity Shares
Security Type: Common Stock
Securities Offered: 840,000
Price\Range: INR 85
Security Name: Equity Shares
Security Type: Common Stock
Securities Offered: 1,960,000
Price\Range: INR 85
Transaction Features: Regulation S Board Change • Apr 23
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Hemant Kalantri was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 
