Valuation Update With 7 Day Price Move • Jun 05
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹31.05, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 17x in the Media industry in India. Total loss to shareholders of 74% over the past three years. Reported Earnings • Jun 01
Full year 2026 earnings released: EPS: ₹1.54 (vs ₹4.39 in FY 2025) Full year 2026 results: EPS: ₹1.54 (down from ₹4.39 in FY 2025). Revenue: ₹3.20b (up 37% from FY 2025). Net income: ₹37.7m (down 66% from FY 2025). Profit margin: 1.2% (down from 4.7% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 27% per year, which means it has not declined as severely as earnings. New Risk • May 30
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 Share price has been highly volatile over the past 3 months (15% average weekly change). Market cap is less than US$10m (₹928.3m market cap, or US$9.78m). Minor Risks Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Profit margins are more than 30% lower than last year (3.8% net profit margin). Announcement • May 22
Crayons Advertising Limited to Report Q4, 2026 Results on May 29, 2026 Crayons Advertising Limited announced that they will report Q4, 2026 results on May 29, 2026 Board Change • May 20
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. 3 experienced directors. 2 highly experienced directors. 2 independent directors (3 non-independent directors). Non-Executive Independent Director Surendra Pagaria was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Mar 20
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹30.75, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 14x in the Media industry in India. Total loss to shareholders of 38% over the past year. Board Change • Feb 25
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. 3 experienced directors. 2 highly experienced directors. 2 independent directors (3 non-independent directors). Non-Executive Independent Director Surendra Pagaria was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Feb 05
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. 3 experienced directors. 2 highly experienced directors. 2 independent directors (3 non-independent directors). Non-Executive Independent Director Surendra Pagaria was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Nov 06
Crayons Advertising Limited to Report First Half, 2026 Results on Nov 11, 2025 Crayons Advertising Limited announced that they will report first half, 2026 results on Nov 11, 2025 Announcement • Aug 28
Crayons Advertising Limited, Annual General Meeting, Sep 23, 2025 Crayons Advertising Limited, Annual General Meeting, Sep 23, 2025, at 15:00 Indian Standard Time. Valuation Update With 7 Day Price Move • Jul 14
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹63.55, the stock trades at a trailing P/E ratio of 14.2x. Average trailing P/E is 23x in the Media industry in India. Total loss to shareholders of 52% over the past year. New Risk • Jun 13
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.7% Last year net profit margin: 7.5% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (4.7% net profit margin). Market cap is less than US$100m (₹1.25b market cap, or US$14.5m). Valuation Update With 7 Day Price Move • May 20
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to ₹64.65, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 21x in the Media industry in India. Total loss to shareholders of 49% over the past year. New Risk • May 16
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 High level of non-cash earnings (34% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Market cap is less than US$100m (₹1.37b market cap, or US$16.0m). Board Change • May 13
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. Non-Executive Independent Director Surendra Pagaria 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. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹53.80, the stock trades at a trailing P/E ratio of 8.9x. Average trailing P/E is 21x in the Media industry in India. Total loss to shareholders of 70% over the past year. Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹70.35, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 22x in the Media industry in India. Total loss to shareholders of 69% over the past year. Announcement • Oct 18
Crayons Advertising Limited Appoints Rohit Thakkar as Vice President of Revenue and Growth Crayons Advertising Limited has appointed Rohit Thakkar as Vice President of Revenue and Growth. With over 22 years of advertising experience under his belt, he is set to play a vital role in Crayons' exciting plans for the future. He will be located inMumbai office. Rohit, who previously worked at Crayons, brings awealth of knowledge from his time at agencies like Mirum (formerly Social Wavelength), MX, and BMEG. Valuation Update With 7 Day Price Move • Sep 25
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹142, the stock trades at a trailing P/E ratio of 19.8x. Average trailing P/E is 33x in the Media industry in India. Total loss to shareholders of 2.7% over the past year. Announcement • Sep 16
Crayons Advertising Limited, Annual General Meeting, Sep 30, 2024 Crayons Advertising Limited, Annual General Meeting, Sep 30, 2024, at 14:30 Indian Standard Time. Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹137, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 28x in the Media industry in India. Total returns to shareholders of 3.4% over the past year. 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 2023. 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 High level of non-cash earnings (60% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Share price has been volatile over the past 3 months (8.8% average weekly change). Market cap is less than US$100m (₹3.03b market cap, or US$36.3m). Announcement • Jun 01
Crayons Advertising Limited to Report Fiscal Year 2024 Results on May 30, 2024 Crayons Advertising Limited announced that they will report fiscal year 2024 results on May 30, 2024 Valuation Update With 7 Day Price Move • May 16
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹112, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 26x in the Media industry in India. Valuation Update With 7 Day Price Move • Mar 12
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹166, the stock trades at a trailing P/E ratio of 24.9x. Average trailing P/E is 27x in the Media industry in India. New Risk • Jan 15
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 Risk High level of non-cash earnings (60% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Market cap is less than US$100m (₹6.05b market cap, or US$73.0m). Valuation Update With 7 Day Price Move • Jan 11
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹190, the stock trades at a trailing P/E ratio of 28.4x. Average trailing P/E is 27x in the Media industry in India. Valuation Update With 7 Day Price Move • Nov 22
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹170, the stock trades at a trailing P/E ratio of 25.5x. Average trailing P/E is 25x in the Media industry in India. Reported Earnings • Nov 20
First half 2024 earnings released: EPS: ₹2.82 (vs ₹5.58 in 1H 2023) First half 2024 results: EPS: ₹2.82 (down from ₹5.58 in 1H 2023). Revenue: ₹920.3m (down 42% from 1H 2023). Net income: ₹62.8m (down 38% from 1H 2023). Profit margin: 6.8% (up from 6.3% in 1H 2023). The increase in margin was driven by lower expenses. Announcement • Sep 07
Crayons Advertising Limited, Annual General Meeting, Sep 28, 2023 Crayons Advertising Limited, Annual General Meeting, Sep 28, 2023, at 12:30 Indian Standard Time. New Risk • Jun 24
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 73% 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 Shares are highly illiquid. High level of non-cash earnings (73% accrual ratio). Minor Risk Market cap is less than US$100m (₹4.29b market cap, or US$52.3m). Reported Earnings • Jun 24
Full year 2023 earnings released: EPS: ₹9.22 (vs ₹0.90 in FY 2022) Full year 2023 results: EPS: ₹9.22 (up from ₹0.90 in FY 2022). Revenue: ₹2.76b (up 43% from FY 2022). Net income: ₹165.9m (up ₹149.8m from FY 2022). Profit margin: 6.0% (up from 0.8% in FY 2022). The increase in margin was driven by higher revenue. Board Change • Jun 05
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. Non-Executive Independent Director Surendra Pagaria 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.