Reported Earnings • May 31
Full year 2026 earnings released: ₹3.27 loss per share (vs ₹2.11 loss in FY 2025) Full year 2026 results: ₹3.27 loss per share (further deteriorated from ₹2.11 loss in FY 2025). Revenue: ₹282.0m (down 2.6% from FY 2025). Net loss: ₹32.6m (loss widened 55% from FY 2025). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 42% per year, which means it is well ahead of earnings. Announcement • May 23
Organic Coatings Limited to Report Q4, 2026 Results on May 30, 2026 Organic Coatings Limited announced that they will report Q4, 2026 results at 12:15 PM, Indian Standard Time on May 30, 2026 Reported Earnings • Feb 16
Third quarter 2026 earnings released: ₹0.96 loss per share (vs ₹0.89 loss in 3Q 2025) Third quarter 2026 results: ₹0.96 loss per share (further deteriorated from ₹0.89 loss in 3Q 2025). Revenue: ₹59.0m (up 74% from 3Q 2025). Net loss: ₹9.58m (loss widened 8.1% from 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 57% per year, which means it is well ahead of earnings. New Risk • Dec 01
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 8.5% 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 (8.5% average weekly change). Market cap is less than US$10m (₹201.8m market cap, or US$2.26m). Minor Risks Less than 1 year of cash runway based on current free cash flow (-₹8.8m). Shareholders have been diluted in the past year (30% increase in shares outstanding). Revenue is less than US$5m (₹224m revenue, or US$2.5m). New Risk • Nov 28
New minor risk - Financial position The company has less than a year of cash runway based on its current free cash flow. Free cash flow: -₹8.8m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₹210.1m market cap, or US$2.35m). Minor Risks Less than 1 year of cash runway based on current free cash flow (-₹8.8m). Share price has been volatile over the past 3 months (8.3% average weekly change). Shareholders have been diluted in the past year (30% increase in shares outstanding). Revenue is less than US$5m (₹224m revenue, or US$2.5m). Announcement • Nov 03
Organic Coatings Limited to Report Q2, 2026 Results on Nov 14, 2025 Organic Coatings Limited announced that they will report Q2, 2026 results on Nov 14, 2025 Board Change • Oct 22
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Chitkala Kulkarni was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Oct 01
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 Risk Market cap is less than US$10m (₹167.3m market cap, or US$1.89m). Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Shareholders have been diluted in the past year (30% increase in shares outstanding). Revenue is less than US$5m (₹230m revenue, or US$2.6m). Announcement • Aug 12
Organic Coatings Limited, Annual General Meeting, Sep 30, 2025 Organic Coatings Limited, Annual General Meeting, Sep 30, 2025, at 15:00 Indian Standard Time. Reported Earnings • Aug 12
First quarter 2026 earnings released: ₹0.86 loss per share (vs ₹0.33 profit in 1Q 2025) First quarter 2026 results: ₹0.86 loss per share (down from ₹0.33 profit in 1Q 2025). Revenue: ₹70.9m (down 46% from 1Q 2025). Net loss: ₹8.54m (down 435% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 40% per year, which means it is well ahead of earnings. Announcement • Jul 28
Organic Coatings Limited to Report Q1, 2026 Results on Aug 11, 2025 Organic Coatings Limited announced that they will report Q1, 2026 results on Aug 11, 2025 Reported Earnings • Jun 02
Full year 2025 earnings released: ₹2.11 loss per share (vs ₹0.62 loss in FY 2024) Full year 2025 results: ₹2.11 loss per share (further deteriorated from ₹0.62 loss in FY 2024). Revenue: ₹290.0m (up 8.1% from FY 2024). Net loss: ₹21.0m (loss widened 344% from FY 2024). Over the last 3 years on average, earnings per share has increased by 32% 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 14
Organic Coatings Limited to Report Fiscal Year 2025 Results on May 30, 2025 Organic Coatings Limited announced that they will report fiscal year 2025 results on May 30, 2025 Reported Earnings • Feb 15
Third quarter 2025 earnings released: ₹0.89 loss per share (vs ₹0.30 loss in 3Q 2024) Third quarter 2025 results: ₹0.89 loss per share (further deteriorated from ₹0.30 loss in 3Q 2024). Revenue: ₹34.0m (down 44% from 3Q 2024). Net loss: ₹8.86m (loss widened 286% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Announcement • Feb 03
Organic Coatings Limited to Report Q3, 2025 Results on Feb 14, 2025 Organic Coatings Limited announced that they will report Q3, 2025 results on Feb 14, 2025 New Risk • Jan 21
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 30% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₹149.1m market cap, or US$1.72m). Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Shareholders have been diluted in the past year (30% increase in shares outstanding). Revenue is less than US$5m (₹344m revenue, or US$4.0m). Announcement • Oct 26
Organic Coatings Limited to Report Q2, 2025 Results on Nov 06, 2024 Organic Coatings Limited announced that they will report Q2, 2025 results on Nov 06, 2024 Announcement • Aug 12
Organic Coatings Limited, Annual General Meeting, Sep 30, 2024 Organic Coatings Limited, Annual General Meeting, Sep 30, 2024, at 15:00 Indian Standard Time. New Risk • Aug 11
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.0x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.0x net interest cover). Market cap is less than US$10m (₹145.8m market cap, or US$1.74m). Minor Risk Revenue is less than US$5m (₹334m revenue, or US$4.0m). Reported Earnings • Aug 11
First quarter 2025 earnings released: EPS: ₹0.33 (vs ₹0.32 loss in 1Q 2024) First quarter 2025 results: EPS: ₹0.33 (up from ₹0.32 loss in 1Q 2024). Revenue: ₹130.8m (up 101% from 1Q 2024). Net income: ₹2.55m (up ₹5.01m from 1Q 2024). Profit margin: 2.0% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth. Announcement • Aug 04
Organic Coatings Limited to Report Q1, 2025 Results on Aug 10, 2024 Organic Coatings Limited announced that they will report Q1, 2025 results on Aug 10, 2024 Board Change • Jul 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. 2 experienced directors. 3 highly experienced directors. Independent & Non-Executive Director Ashwin Kumar Raval 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. Reported Earnings • May 24
Full year 2024 earnings released: ₹0.62 loss per share (vs ₹1.24 loss in FY 2023) Full year 2024 results: ₹0.62 loss per share (improved from ₹1.24 loss in FY 2023). Revenue: ₹269.0m (up 18% from FY 2023). Net loss: ₹4.74m (loss narrowed 50% from FY 2023). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 14
Third quarter 2024 earnings released: ₹0.30 loss per share (vs ₹0.43 loss in 3Q 2023) Third quarter 2024 results: ₹0.30 loss per share (improved from ₹0.43 loss in 3Q 2023). Revenue: ₹61.1m (up 23% from 3Q 2023). Net loss: ₹2.30m (loss narrowed 31% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Announcement • Feb 06
Organic Coatings Limited to Report Q3, 2024 Results on Feb 12, 2024 Organic Coatings Limited announced that they will report Q3, 2024 results on Feb 12, 2024 New Risk • Nov 28
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 9.0% 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 (9.0% average weekly change). Earnings have declined by 17% per year over the past 5 years. Market cap is less than US$10m (₹63.6m market cap, or US$763.5k). Minor Risk Revenue is less than US$5m (₹223m revenue, or US$2.7m). New Risk • Aug 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2022. 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 40% per year over the past 5 years. Market cap is less than US$10m (₹62.9m market cap, or US$755.5k). Minor Risks Latest financial reports are more than 6 months old (reported September 2022 fiscal period end). Share price has been volatile over the past 3 months (8.7% average weekly change). Revenue is less than US$5m (₹253m revenue, or US$3.0m). Announcement • Aug 15
Organic Coatings Limited, Annual General Meeting, Sep 30, 2023 Organic Coatings Limited, Annual General Meeting, Sep 30, 2023, at 15:00 Indian Standard Time. Agenda: To consider the proposed reappointment of Abhay R. Shah as a director. Announcement • Aug 09
Organic Coatings Limited to Report Q1, 2024 Results on Aug 14, 2023 Organic Coatings Limited announced that they will report Q1, 2024 results on Aug 14, 2023 Announcement • May 09
Organic Coatings Limited to Report Fiscal Year 2023 Results on May 30, 2023 Organic Coatings Limited announced that they will report fiscal year 2023 results on May 30, 2023 Reported Earnings • Feb 15
Third quarter 2023 earnings released: ₹0.43 loss per share (vs ₹0.39 loss in 3Q 2022) Third quarter 2023 results: ₹0.43 loss per share (further deteriorated from ₹0.39 loss in 3Q 2022). Revenue: ₹49.9m (down 25% from 3Q 2022). Net loss: ₹3.32m (loss widened 10% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings. Announcement • Feb 04
Organic Coatings Limited to Report Q3, 2023 Results on Feb 13, 2023 Organic Coatings Limited announced that they will report Q3, 2023 results on Feb 13, 2023 Announcement • Aug 13
Organic Coatings Limited, Annual General Meeting, Sep 30, 2022 Organic Coatings Limited, Annual General Meeting, Sep 30, 2022, at 15:00 Indian Standard Time. Announcement • Jul 28
Organic Coatings Limited to Report Q1, 2023 Results on Aug 12, 2022 Organic Coatings Limited announced that they will report Q1, 2023 results on Aug 12, 2022 Announcement • May 12
Organic Coatings Limited to Report Fiscal Year 2022 Results on May 30, 2022 Organic Coatings Limited announced that they will report fiscal year 2022 results on May 30, 2022 Reported Earnings • Nov 19
Second quarter 2022 earnings released: ₹1.36 loss per share (vs ₹1.31 loss in 2Q 2021) The company reported a solid second quarter result with improved revenues and control over costs, although losses increased. Second quarter 2022 results: Revenue: ₹46.7m (up 85% from 2Q 2021). Net loss: ₹10.4m (loss widened 3.8% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings. Reported Earnings • Jun 30
Full year 2021 earnings released: ₹2.80 loss per share (vs ₹0.67 loss in FY 2020) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: ₹141.0m (down 48% from FY 2020). Net loss: ₹21.5m (loss widened 319% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance. Announcement • Mar 07
Organic Coatings Limited Appoints Ajay R. Shah as A Member of Audit Committee Organic Coatings Limited informed that Mr. Ajay R. Shah Wholetime Director of the Company has been appointed as a member of Audit Committee with effect from 1st March, 2021. Reported Earnings • Feb 14
Third quarter 2021 earnings released: ₹0.28 loss per share (vs ₹0.20 loss in 3Q 2020) The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: ₹41.2m (down 26% from 3Q 2020). Net loss: ₹2.12m (loss widened 39% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 77% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 22
New 90-day high: ₹8.26 The company is up 96% from its price of ₹4.21 on 19 October 2020. The Indian market is up 23% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 22% over the same period. Is New 90 Day High Low • Dec 30
New 90-day high: ₹4.99 The company is up 8.0% from its price of ₹4.64 on 01 October 2020. The Indian market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 20% over the same period. Announcement • Dec 29
Organic Coatings Limited Announces Board and Committee Resignations Organic Coatings Limited informed that Mr. Sudhir A. Sathe has resigned as a Chairman and Independent Director of the company with effect from 24 December, 2020. The company also informed that Mr. Chandrakumar Z. Shah has also resigned as an Independent Director of the company with effect from 24 December, 2020. They also resigned as members of the Committees of the board of directors as under with effect from 24 December, 2020: Mr. Sudhir A. Sathe, Member of Audit Committee, Member of Nomination & Remuneration Committee and Chairman and Member of Stakeholders Relationship Committee; Mr. Chandrakumar Z. Shah, Chairman and Member of Nomination & Remuneration Committee, Member of Audit Committee and Stakeholders Relationship Committee. Is New 90 Day High Low • Nov 27
New 90-day low: ₹3.80 The company is down 23% from its price of ₹4.95 on 28 August 2020. The Indian market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 6.0% over the same period. Reported Earnings • Sep 18
First quarter earnings released Over the last 12 months the company has reported total losses of ₹12.8m, with losses widening by 67% from the prior year. Total revenue was ₹201.1m over the last 12 months, down 44% from the prior year. Announcement • Jun 18
Organic Coatings Limited to Report Fiscal Year 2020 Results on Jun 30, 2020 Organic Coatings Limited announced that they will report fiscal year 2020 results on Jun 30, 2020