Reported Earnings • Jun 01
Full year 2026 earnings released: EPS: ₹2.34 (vs ₹4.59 in FY 2025) Full year 2026 results: EPS: ₹2.34 (down from ₹4.59 in FY 2025). Revenue: ₹1.44b (down 6.6% from FY 2025). Net income: ₹42.8m (down 49% from FY 2025). Profit margin: 3.0% (down from 5.5% in FY 2025). The decrease in margin was driven by lower revenue. Valuation Update With 7 Day Price Move • Feb 11
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to ₹52.15, the stock trades at a trailing P/E ratio of 14.7x. Average trailing P/E is 17x in the Media industry in India. Total returns to shareholders of 11% over the past year. Valuation Update With 7 Day Price Move • Dec 22
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹49.45, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 17x in the Media industry in India. Total loss to shareholders of 16% over the past year. Valuation Update With 7 Day Price Move • Dec 08
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹37.45, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 18x in the Media industry in India. Total loss to shareholders of 46% over the past year. New Risk • Nov 19
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 23% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₹600.4m market cap, or US$6.79m). Minor Risk Large one-off items impacting financial results. Announcement • Nov 14
Graphisads Limited to Report First Half, 2026 Results on Nov 14, 2025 Graphisads Limited announced that they will report first half, 2026 results on Nov 14, 2025 New Risk • Oct 08
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 6.7% 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 Market cap is less than US$10m (₹640.6m market cap, or US$7.22m). Minor Risk Share price has been volatile over the past 3 months (6.7% average weekly change). Board Change • Sep 25
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 Sudha Maheshwari 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 • Sep 22
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹39.30, the stock trades at a trailing P/E ratio of 8.6x. Average trailing P/E is 24x in the Media industry in India. Total loss to shareholders of 47% over the past year. Announcement • Sep 04
Graphisads Limited, Annual General Meeting, Sep 29, 2025 Graphisads Limited, Annual General Meeting, Sep 29, 2025, at 13:30 Indian Standard Time. Valuation Update With 7 Day Price Move • Aug 21
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹37.20, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 24x in the Media industry in India. Total loss to shareholders of 24% over the past year. New Risk • Jun 02
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 Market cap is less than US$10m (₹817.9m market cap, or US$9.58m). Minor Risk Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Valuation Update With 7 Day Price Move • Feb 25
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to ₹55.65, the stock trades at a trailing P/E ratio of 14.6x. Average trailing P/E is 22x in the Media industry in India. Total loss to shareholders of 15% over the past year. New Risk • Feb 11
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹851.7m (US$9.82m) 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹82.60, the stock trades at a trailing P/E ratio of 41.3x. Average trailing P/E is 35x in the Media industry in India. New Risk • Sep 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 7.9% 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 Risk High level of non-cash earnings (38% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Profit margins are more than 30% lower than last year (3.2% net profit margin). Market cap is less than US$100m (₹1.29b market cap, or US$15.4m). Announcement • Sep 18
Graphisads Limited, Annual General Meeting, Sep 30, 2024 Graphisads Limited, Annual General Meeting, Sep 30, 2024, at 13:30 Indian Standard Time. Location: 4/24a, 1st floor, ab, house, asaf ali road, new delhi - 110002., India Valuation Update With 7 Day Price Move • Sep 10
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹61.75, the stock trades at a trailing P/E ratio of 30.9x. Average trailing P/E is 32x in the Media industry in India. New Risk • Jun 04
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 38% 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 High level of non-cash earnings (38% accrual ratio). Market cap is less than US$10m (₹732.0m market cap, or US$8.76m). Minor Risks Share price has been volatile over the past 3 months (9.0% average weekly change). Profit margins are more than 30% lower than last year (3.2% net profit margin). New Risk • May 27
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹817.0m (US$9.83m) 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 Risk Market cap is less than US$10m (₹817.0m market cap, or US$9.83m). Minor Risks High level of debt (59% net debt to equity). Latest financial reports are more than 6 months old (reported March 2023 fiscal period end). Share price has been volatile over the past 3 months (9.1% average weekly change). New Risk • Apr 02
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: Minor Risks High level of debt (59% net debt to equity). Latest financial reports are more than 6 months old (reported March 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 (₹840.7m market cap, or US$10.1m). Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹40.10, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 25x in the Media industry in India. New Risk • Mar 26
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹786.8m (US$9.44m) 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 Risk Market cap is less than US$10m (₹786.8m market cap, or US$9.44m). Minor Risks High level of debt (59% net debt to equity). Latest financial reports are more than 6 months old (reported March 2023 fiscal period end). New Risk • Mar 22
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 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: Minor Risks High level of debt (59% net debt to equity). Latest financial reports are more than 6 months old (reported March 2023 fiscal period end). Market cap is less than US$100m (₹907.4m market cap, or US$10.9m). Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹49.90, the stock trades at a trailing P/E ratio of 16.4x. Average trailing P/E is 26x in the Media industry in India. Buying Opportunity • Dec 14
Now 21% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be ₹128, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last year. Earnings per share has declined by 27%. Board Change • Dec 13
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Executive Independent Director Harish Bansi Sharma was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.