New Risk • Jun 12
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 8.7% 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 Shareholders have been substantially diluted in the past year (over 7x increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Revenue is less than US$5m (₹140m revenue, or US$1.5m). Market cap is less than US$100m (₹1.07b market cap, or US$11.3m). Announcement • May 25
Bluegod Entertainment Limited to Report Q4, 2026 Results on May 30, 2026 Bluegod Entertainment Limited announced that they will report Q4, 2026 results at 12:15 PM, Indian Standard Time on May 30, 2026 Valuation Update With 7 Day Price Move • May 11
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹2.64, the stock trades at a trailing P/E ratio of 26.9x. Average trailing P/E is 27x in the Entertainment industry in India. Total returns to shareholders of 512% over the past three years. Valuation Update With 7 Day Price Move • Apr 24
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹2.70, the stock trades at a trailing P/E ratio of 27.5x. Average trailing P/E is 32x in the Entertainment industry in India. Total returns to shareholders of 513% over the past three years. Valuation Update With 7 Day Price Move • Mar 30
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹3.42, the stock trades at a trailing P/E ratio of 34.8x. Average trailing P/E is 33x in the Entertainment industry in India. Total returns to shareholders of 713% over the past three years. Announcement • Mar 25
Bluegod Entertainment Limited has completed a Follow-on Equity Offering in the amount of INR 309.240546 million. Bluegod Entertainment Limited has completed a Follow-on Equity Offering in the amount of INR 309.240546 million.
Security Name: Equity Shares
Security Type: Common Stock
Securities Offered: 103,080,182
Price\Range: INR 3
Transaction Features: Regulation S; Rights Offering Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹3.64, the stock trades at a trailing P/E ratio of 37x. Average trailing P/E is 36x in the Entertainment industry in India. Total returns to shareholders of 780% over the past three years. New Risk • Feb 20
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 Risk Shareholders have been substantially diluted in the past year (over 7x increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Revenue is less than US$5m (₹140m revenue, or US$1.5m). Market cap is less than US$100m (₹2.19b market cap, or US$24.1m). Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹3.58, the stock trades at a trailing P/E ratio of 36.4x. Average trailing P/E is 30x in the Entertainment industry in India. Total returns to shareholders of 766% over the past three years. Announcement • Jan 21
Bluegod Entertainment Limited has filed a Follow-on Equity Offering in the amount of INR 330 million. Bluegod Entertainment Limited has filed a Follow-on Equity Offering in the amount of INR 330 million.
Security Name: Equity Shares
Security Type: Common Stock
Transaction Features: Regulation S; Rights Offering Announcement • Jan 09
Bluegod Entertainment Limited to Report Q3, 2026 Results on Jan 15, 2026 Bluegod Entertainment Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Jan 15, 2026 New Risk • Dec 10
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 6.9% 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: Major Risks Shareholders have been substantially diluted in the past year (over 7x increase in shares outstanding). Revenue is less than US$1m (₹23m revenue, or US$256k). Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₹1.96b market cap, or US$21.8m). Announcement • Nov 08
Bluegod Entertainment Limited to Report Q2, 2026 Results on Nov 12, 2025 Bluegod Entertainment Limited announced that they will report Q2, 2026 results at 12:15 PM, Indian Standard Time on Nov 12, 2025 New Risk • Sep 03
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Over 7x increase in shares outstanding. This is considered a major 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Negative equity (-₹46m). Shareholders have been substantially diluted in the past year (over 7x increase in shares outstanding). Revenue is less than US$1m (₹23m revenue, or US$261k). Minor Risks Profit margins are more than 30% lower than last year (58% net profit margin). Market cap is less than US$100m (₹1.73b market cap, or US$19.6m). New Risk • Sep 01
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹169.3m (US$1.92m) This is considered a major 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. 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). Negative equity (-₹46m). Revenue is less than US$1m (₹23m revenue, or US$260k). Market cap is less than US$10m (₹169.3m market cap, or US$1.92m). Minor Risk Profit margins are more than 30% lower than last year (58% net profit margin). Announcement • Aug 13
Bluegod Entertainment Limited, Annual General Meeting, Sep 23, 2025 Bluegod Entertainment Limited, Annual General Meeting, Sep 23, 2025, at 12:00 Indian Standard Time. Announcement • Aug 09
Bluegod Entertainment Limited to Report Q1, 2026 Results on Aug 12, 2025 Bluegod Entertainment Limited announced that they will report Q1, 2026 results on Aug 12, 2025 New Risk • May 24
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. 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). Negative equity (-₹46m). Shareholders have been substantially diluted in the past year (over 7x increase in shares outstanding). Revenue is less than US$1m (₹24m revenue, or US$277k). Market cap is less than US$10m (₹571.5m market cap, or US$6.71m). Reported Earnings • May 24
Full year 2025 earnings released: EPS: ₹2.81 (vs ₹0.27 in FY 2024) Full year 2025 results: EPS: ₹2.81 (up from ₹0.27 in FY 2024). Revenue: ₹23.6m (up 430% from FY 2024). Net income: ₹18.2m (up ₹16.5m from FY 2024). Profit margin: 77% (up from 39% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth. Announcement • May 20
Bluegod Entertainment Limited to Report Q4, 2025 Results on May 23, 2025 Bluegod Entertainment Limited announced that they will report Q4, 2025 results on May 23, 2025 New Risk • May 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Over 7x increase in shares outstanding. This is considered a major 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 Risks Negative equity (-₹67m). Earnings have declined by 19% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 7x increase in shares outstanding). Revenue is less than US$1m (₹3.8m revenue, or US$44k). Market cap is less than US$10m (₹581.9m market cap, or US$6.80m). Announcement • Feb 13
Bluegod Entertainment Limited Appoints Nitin Ashokumar Khanna as Chief Financial Officer Bluegod Entertainment Limited announced that the Board of Directors at their meeting held on February 13th, 2025, approved the appointment of Mr. Nitin Ashokumar Khanna as Chief Financial officer & Key Managerial Personnal as recommended by the Nomination and Remuneration Committee and based on approval of the Audit Committee of the Company. Date of Appointment is on 13th February 2025. Mr. Nitin Ashokumar Khanna have wide knowledge in the field of Finance and Marketing. Announcement • Feb 07
Bluegod Entertainment Limited to Report Q3, 2025 Results on Feb 13, 2025 Bluegod Entertainment Limited announced that they will report Q3, 2025 results on Feb 13, 2025 New Risk • Feb 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 7.7% 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 Less than 1 year of cash runway based on free cash flow trend (-₹38m free cash flow). Negative equity (-₹67m). Earnings have declined by 21% per year over the past 5 years. Revenue is less than US$1m (₹3.3m revenue, or US$38k). Market cap is less than US$10m (₹46.8m market cap, or US$537.7k). Minor Risk Share price has been volatile over the past 3 months (7.7% average weekly change). Reported Earnings • Nov 16
Second quarter 2025 earnings released: ₹0.34 loss per share (vs ₹0.55 profit in 2Q 2024) Second quarter 2025 results: ₹0.34 loss per share (down from ₹0.55 profit in 2Q 2024). Net loss: ₹2.21m (down 163% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 42% per year, which means it is significantly lagging earnings growth. Announcement • Nov 09
Indra Industries Limited to Report Q2, 2025 Results on Nov 14, 2024 Indra Industries Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Announcement • Sep 21
Indra Industries Limited Appoints Sweety Purohit as Company Secretary Indra Industries Limited appointed CS Sweety Purohit. Company Secretary and Compliance officer of the Company CS Sweety Purohit is experienced in Secretarial Matters l.e. Company Law,
FEMA, Labour Law and Legal Management Further She Also Completed MBA in HR and Finance From IIEBM, Pune. Announcement • Sep 13
Indra Industries Limited, Annual General Meeting, Sep 28, 2024 Indra Industries Limited, Annual General Meeting, Sep 28, 2024, at 14:00 Indian Standard Time. New Risk • Sep 10
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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Negative equity (-₹65m). Revenue is less than US$1m (₹728k revenue, or US$8.7k). Market cap is less than US$10m (₹50.9m market cap, or US$606.3k). Minor Risk Share price has been volatile over the past 3 months (8.1% average weekly change). Valuation Update With 7 Day Price Move • Sep 10
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹8.01, the stock trades at a trailing P/E ratio of 10.7x. Average trailing P/E is 27x in the Packaging industry in India. Total returns to shareholders of 50% over the past three years. Reported Earnings • Aug 15
First quarter 2025 earnings released: ₹0.04 loss per share (vs ₹0.51 loss in 1Q 2024) First quarter 2025 results: ₹0.04 loss per share (improved from ₹0.51 loss in 1Q 2024). Net loss: ₹231.0k (loss narrowed 93% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 14
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to ₹10.13, the stock trades at a trailing P/E ratio of 37.7x. Average trailing P/E is 25x in the Packaging industry in India. Total returns to shareholders of 70% over the past three years. Announcement • Aug 05
Indra Industries Limited to Report Q1, 2025 Results on Aug 14, 2024 Indra Industries Limited announced that they will report Q1, 2025 results on Aug 14, 2024 Announcement • Aug 02
Indra Industries Limited Appoints Nitin Ashok Kumar Khanna as Managing Director Indra Industries Limited announced the appointment of Nitin Ashok Kumar Khanna As Managing Director of the Company. Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to ₹20.14, the stock trades at a trailing P/E ratio of 75x. Average trailing P/E is 24x in the Packaging industry in India. Total returns to shareholders of 220% over the past three years. Announcement • Jun 08
Indra Industries Limited Announces Resignation of Deepak Kothari as Non Executive Independent Director Indra Industries Limited Announced that Mr. Deepak Kothari vide his letter dated June 1, 2024 has tendered his resignation as Non Executive Independent Director of the Company and has separated from the company with effect from the close of business hours of June 5, 2024, due to Pre-occupation. Mr. Deepak Kothari has confirmed that there are no other material reasons for his resignation other than those mentioned in the resignation letter. Announcement • May 30
Indra Industries Limited Announces Resignation of Prakhar Singh Taunk as Company Secretary and Compliance Officer Indra Industries Limited informed that Mr. Prakhar Singh Taunk, Company Secretary & Compliance Officer of the Company, vide his letter dated May 28, 2024, have tendered his resignation from the position of Company Secretary & Compliance Officer. Resignation due to personal reasons. Announcement • May 09
Indra Industries Limited Announces Resignation of Suresh Joshi as Non-Executive Independent Director, Member of the Audit Committee, Nomination and Remuneration Committee and Stakeholder Relationship Committee Indra Industries Limited announced that Mr. Suresh Joshi (DIN: 08279609), has tendered his resignation as the Non-Executive Independent Director of the Company, with effect from close of business hours on 08th May, 2024, citing pre-occupation and other personal commitments. Consequently, he shall also cease to be a Member of the Audit Committee, Nomination and Remuneration Committee and Stakeholder Relationship Committee of the Company. Valuation Update With 7 Day Price Move • May 07
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹14.70, the stock trades at a trailing P/E ratio of 54.7x. Average trailing P/E is 23x in the Packaging industry in India. Total returns to shareholders of 47% over the past three years. New Risk • May 02
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. 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). Negative equity (-₹65m). Revenue is less than US$1m (₹11m revenue, or US$133k). Market cap is less than US$10m (₹78.4m market cap, or US$940.0k). Buy Or Sell Opportunity • Apr 10
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 45% to ₹10.21. The fair value is estimated to be ₹8.50, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 27% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Feb 15
Third quarter 2024 earnings released: EPS: ₹0.58 (vs ₹0.003 loss in 3Q 2023) Third quarter 2024 results: EPS: ₹0.58 (up from ₹0.003 loss in 3Q 2023). Revenue: ₹5.28m (down 49% from 3Q 2023). Net income: ₹3.76m (up ₹3.77m from 3Q 2023). Profit margin: 71% (up from net loss in 3Q 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Feb 06
Indra Industries Limited to Report Q3, 2024 Results on Feb 13, 2024 Indra Industries Limited announced that they will report Q3, 2024 results on Feb 13, 2024 Buying Opportunity • Dec 01
Now 21% undervalued Over the last 90 days, the stock is up 67%. The fair value is estimated to be ₹7.88, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 26% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Nov 12
Second quarter 2024 earnings released: EPS: ₹0.55 (vs ₹0.61 in 2Q 2023) Second quarter 2024 results: EPS: ₹0.55. Revenue: ₹5.17m (up 77% from 2Q 2023). Net income: ₹3.53m (up ₹7.51m from 2Q 2023). Profit margin: 68% (up from net loss in 2Q 2023). The move to profitability was primarily driven by higher revenue. Announcement • Nov 02
Indra Industries Limited to Report Q2, 2024 Results on Nov 09, 2023 Indra Industries Limited announced that they will report Q2, 2024 results on Nov 09, 2023 Announcement • Aug 20
Indra Industries Limited, Annual General Meeting, Sep 20, 2023 Indra Industries Limited, Annual General Meeting, Sep 20, 2023, at 12:30 Indian Standard Time. New Risk • Aug 17
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 Risks Negative equity (-₹63m). Revenue is less than US$1m (₹22m revenue, or US$259k). Market cap is less than US$10m (₹26.6m market cap, or US$319.2k). Minor Risk Share price has been volatile over the past 3 months (7.5% average weekly change). Reported Earnings • Aug 09
First quarter 2024 earnings released: ₹0.51 loss per share (vs ₹0.52 loss in 1Q 2023) First quarter 2024 results: ₹0.51 loss per share (improved from ₹0.52 loss in 1Q 2023). Revenue: ₹1.10m (down 70% from 1Q 2023). Net loss: ₹3.32m (loss narrowed 1.2% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Announcement • Aug 03
Indra Industries Limited to Report Q1, 2024 Results on Aug 08, 2023 Indra Industries Limited announced that they will report Q1, 2024 results on Aug 08, 2023 Reported Earnings • May 20
Full year 2023 earnings released: ₹1.52 loss per share (vs ₹0.41 loss in FY 2022) Full year 2023 results: ₹1.52 loss per share (further deteriorated from ₹0.41 loss in FY 2022). Revenue: ₹33.2m (down 32% from FY 2022). Net loss: ₹9.83m (loss widened 266% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 57% 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. Announcement • May 13
Indra Industries Limited to Report Q4, 2023 Results on May 18, 2023 Indra Industries Limited announced that they will report Q4, 2023 results on May 18, 2023 Reported Earnings • Feb 12
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: ₹10.4m (up 4.3% from 3Q 2022). Net loss: ₹17.0k (down 105% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Announcement • Feb 01
Indra Industries Limited to Report Q3, 2023 Results on Feb 09, 2023 Indra Industries Limited announced that they will report Q3, 2023 results on Feb 09, 2023 Board Change • Nov 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. 3 experienced directors. 1 highly experienced director. Non-Executive Independent Director Deepak Kothari was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • Nov 06
Indra Industries Limited to Report Q2, 2023 Results on Nov 11, 2022 Indra Industries Limited announced that they will report Q2, 2023 results on Nov 11, 2022 Reported Earnings • Aug 11
First quarter 2023 earnings released: ₹0.52 loss per share (vs ₹0.22 loss in 1Q 2022) First quarter 2023 results: ₹0.52 loss per share (down from ₹0.22 loss in 1Q 2022). Revenue: ₹3.75m (down 59% from 1Q 2022). Net loss: ₹3.36m (loss widened 137% from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has fallen by 50% per year, which means it is performing significantly worse than earnings. Announcement • Aug 10
Indra Industries Limited, Annual General Meeting, Sep 26, 2022 Indra Industries Limited, Annual General Meeting, Sep 26, 2022, at 12:30 Indian Standard Time. Announcement • Aug 03
Indra Industries Limited to Report Q1, 2023 Results on Aug 09, 2022 Indra Industries Limited announced that they will report Q1, 2023 results on Aug 09, 2022 Board Change • Jun 23
Less than half of directors are independent 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. 1 highly experienced director. 1 independent director (2 non-independent directors). Non-Executive Chairman Astha Jain was the last director to join the board, commencing their role in 2006. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Jun 03
Full year 2022 earnings released: ₹0.41 loss per share (vs ₹5.08 loss in FY 2021) Full year 2022 results: ₹0.41 loss per share (up from ₹5.08 loss in FY 2021). Revenue: ₹49.9m (up 55% from FY 2021). Net loss: ₹2.69m (loss narrowed 92% from FY 2021). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 50% per year, which means it is significantly lagging earnings. Announcement • May 22
Indra Industries Limited to Report Q4, 2022 Results on May 30, 2022 Indra Industries Limited announced that they will report Q4, 2022 results on May 30, 2022 Reported Earnings • Feb 17
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.06 (up from ₹1.33 loss in 3Q 2021). Revenue: ₹9.99m (down 21% from 3Q 2021). Net income: ₹382.0k (up ₹9.01m from 3Q 2021). Profit margin: 3.8% (up from net loss in 3Q 2021). The move to profitability was driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 45% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 03
Second quarter 2022 earnings released: ₹0.37 loss per share (vs ₹1.42 loss in 2Q 2021) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2022 results: Revenue: ₹19.8m (up ₹17.2m from 2Q 2021). Net loss: ₹2.39m (loss narrowed 74% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has fallen by 47% per year, which means it is significantly lagging earnings. Reported Earnings • Jul 03
Full year 2021 earnings released: ₹5.08 loss per share (vs ₹2.23 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: ₹31.9m (down 71% from FY 2020). Net loss: ₹32.9m (down 328% from profit in FY 2020). Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has fallen by 43% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 17
Third quarter 2021 earnings released: ₹1.33 loss per share (vs ₹3.00 loss in 3Q 2020) Third quarter 2021 results: Net loss: ₹8.63m (loss narrowed 56% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings. Announcement • Feb 06
Indra Industries Limited to Report Q3, 2021 Results on Feb 12, 2021 Indra Industries Limited announced that they will report Q3, 2021 results on Feb 12, 2021 Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment improved over the past week After last week's 16% share price gain to ₹7.96, the stock is trading at a trailing P/E ratio of 2x, up from the previous P/E ratio of 1.8x. This compares to an average P/E of 12x in the Packaging industry in India. Total return to shareholders over the past three years is a loss of 78%. Announcement • Jan 06
Indra Industries Limited Announces Appointment of Prakhar Singh Taunk as Company Secretary and Compliance Officer Indra Industries Limited announced the appointment of Mr. Prakhar singh Taunk as company secretary & compliance officer of the company, the date of appointment on January 5, 2021. Announcement • Sep 03
Indra Industries Limited to Report Q1, 2021 Results on Sep 10, 2020 Indra Industries Limited announced that they will report Q1, 2021 results on Sep 10, 2020 Announcement • Jul 18
Indra Industries Limited to Report Q4, 2020 Results on Jul 27, 2020 Indra Industries Limited announced that they will report Q4, 2020 results on Jul 27, 2020 