Board Change • Jun 09
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. CFO & Executive Director Shruti Ramanuj is the most experienced director on the board, commencing their role in 2023. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • May 21
Diggi Multitrade Limited to Report Second Half, 2026 Results on May 30, 2026 Diggi Multitrade Limited announced that they will report second half, 2026 results on May 30, 2026 Board Change • May 11
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. CFO & Executive Director Shruti Ramanuj is the most experienced director on the board, commencing their role in 2023. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 17
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. CFO & Executive Director Shruti Ramanuj is the most experienced director on the board, commencing their role in 2023. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Mar 05
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. CFO & Executive Director Shruti Ramanuj is the most experienced director on the board, commencing their role in 2023. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • Nov 11
Diggi Multitrade Limited to Report First Half, 2026 Results on Nov 14, 2025 Diggi Multitrade Limited announced that they will report first half, 2026 results on Nov 14, 2025 Board Change • Sep 24
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. CFO & Executive Director Shruti Ramanuj is the most experienced director on the board, commencing their role in 2023. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • Sep 09
Diggi Multitrade Limited, Annual General Meeting, Sep 30, 2025 Diggi Multitrade Limited, Annual General Meeting, Sep 30, 2025, at 16:00 Indian Standard Time. Announcement • May 24
Diggi Multitrade Limited to Report Q4, 2025 Results on May 30, 2025 Diggi Multitrade Limited announced that they will report Q4, 2025 results at 12:15 PM, Indian Standard Time on May 30, 2025 Announcement • Feb 17
Diggi Multitrade Limited Announces Resignation of Vinita Ohja as Company Secretary & Compliance Officer Diggi Multitrade Limited announced the resignation of Vinita Ohja as Company Secretary & Compliance Officer with effect from 15 February 2025, Due to personal reasons. Announcement • Nov 07
Diggi Multitrade Limited to Report Q2, 2025 Results on Nov 14, 2024 Diggi Multitrade Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Announcement • Sep 10
Diggi Multitrade Limited, Annual General Meeting, Sep 30, 2024 Diggi Multitrade Limited, Annual General Meeting, Sep 30, 2024, at 14:00 Indian Standard Time. New Risk • May 28
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 Risks Less than 1 year of cash runway based on free cash flow trend (-₹45k free cash flow). Share price has been highly volatile over the past 3 months (20% average weekly change). Revenue is less than US$1m (₹400k revenue, or US$4.8k). Market cap is less than US$10m (₹251.9m market cap, or US$3.03m). Minor Risk Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Announcement • May 23
Diggi Multitrade Limited to Report Second Half, 2024 Results on May 27, 2024 Diggi Multitrade Limited announced that they will report second half, 2024 results on May 27, 2024 New Risk • Nov 12
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₹45k This is considered a major 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 Risks Less than 1 year of cash runway based on free cash flow trend (-₹45k free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Revenue is less than US$1m (₹400k revenue, or US$4.8k). Market cap is less than US$10m (₹211.3m market cap, or US$2.54m). Announcement • Nov 02
Diggi Multitrade Limited to Report First Half, 2024 Results on Nov 10, 2023 Diggi Multitrade Limited announced that they will report first half, 2024 results on Nov 10, 2023 Announcement • Sep 09
Diggi Multitrade Limited, Annual General Meeting, Sep 30, 2023 Diggi Multitrade Limited, Annual General Meeting, Sep 30, 2023, at 15:00 Indian Standard Time. Location: AT D-106, CRYSTAL PLAZA, OPP INFINITI MALL ANDHERI WEST, MUMBAI 400053 Mumbai Maharashtra India Agenda: To consider adoption of accounts; to consider retire by rotation; to consider shifting of registered office from one city to another city; to consider change in object clause of the memorandum of association of the company; and to consider other issues. Announcement • May 27
Diggi Multitrade Limited to Report Second Half, 2023 Results on May 30, 2023 Diggi Multitrade Limited announced that they will report second half, 2023 results on May 30, 2023 Board Change • Nov 16
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). MD & Executive Director Anil Kumar Patni is the most experienced director on the board, commencing their role in 2014. Independent Director Selvendran Seevanyagam was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Announcement • Nov 06
Diggi Multitrade Limited to Report Q2, 2023 Results on Nov 14, 2022 Diggi Multitrade Limited announced that they will report Q2, 2023 results on Nov 14, 2022 Buying Opportunity • Sep 27
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 44%. The fair value is estimated to be ₹11.39, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 66% over the last 3 years. Earnings per share has grown by 37%. Reported Earnings • Sep 14
Full year 2022 earnings released: EPS: ₹0.044 (vs ₹0.051 in FY 2021) Full year 2022 results: EPS: ₹0.044 (down from ₹0.051 in FY 2021). Revenue: ₹72.4m (up ₹71.4m from FY 2021). Net income: ₹422.7k (down 15% from FY 2021). Profit margin: 0.6% (down from 47% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Sep 07
Diggi Multitrade Limited, Annual General Meeting, Sep 30, 2022 Diggi Multitrade Limited, Annual General Meeting, Sep 30, 2022, at 13:00 Indian Standard Time. Reported Earnings • Jun 05
Full year 2022 earnings released: EPS: ₹0.04 (vs ₹0.051 in FY 2021) Full year 2022 results: EPS: ₹0.04 (down from ₹0.051 in FY 2021). Revenue: ₹75.7m (up ₹73.5m from FY 2021). Net income: ₹422.7k (down 15% from FY 2021). Profit margin: 0.6% (down from 22% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Announcement • May 21
Diggi Multitrade Limited to Report Fiscal Year 2022 Results on May 30, 2022 Diggi Multitrade Limited announced that they will report fiscal year 2022 results on May 30, 2022 Board Change • Apr 27
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). MD & Executive Director Anil Kumar Patni is the most experienced director on the board, commencing their role in 2014. Independent Director Selvendran Seevanyagam was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Announcement • Mar 10
Diggi Multitrade Limited Approves Resignation of Varun Dhandh as Chief Financial Officer Diggi Multitrade Limited at its board meeting held on February 8, 2022, that the Board of directors in its meeting also approved and accepted the resignation of Mr. Varun Dhandh, Chief Financial Officer of the Company effective 8 February, 2022 pursuant to change of Management after compilation of open offer by new management. Announcement • Feb 09
Diggi Multitrade Limited Announces Executive Changes Diggi Multitrade Limited announced that at the board of directors meeting held on February 8, 2022, the board Approved and appointed Mr. Pradeepkumartana Jankiramulu Naidu (Executive Director), Sangeeta Hariprasad Naidu (Executive Director), Selvendran Seevanyagam (Independent Director), Parameswarannair Suresh Kumar (Independent Director)as directors of the company. The Board also Approved and accepted the resignation of Varun Dhandh (Executive Director), Satyaprakash Harinath Singh (Independent Director), Priya Dilipbhai Shah (Women Independent Director) and Jitendrakumar Hardeoprasad Sharma (Independent Director) as directors of the Company. Reported Earnings • Jun 13
Full year 2021 earnings released: EPS ₹0.051 (vs ₹0.025 loss in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: ₹1.05m (down 85% from FY 2020). Net income: ₹495.1k (up ₹740.3k from FY 2020). Profit margin: 47% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. 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 17% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment deteriorated over the past week After last week's 19% share price decline to ₹8.90, the stock trades at a trailing P/E ratio of 68.2x. Average trailing P/E is 26x in the Real Estate industry in India. Total returns to shareholders of 25% over the past three years. Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment improved over the past week After last week's 21% share price gain to ₹10.04, the stock trades at a trailing P/E ratio of 76.9x. Average trailing P/E is 21x in the Real Estate industry in India. Total loss to shareholders of 2.0% over the past three years. Valuation Update With 7 Day Price Move • Mar 25
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹5.10, the stock trades at a trailing P/E ratio of 39.1x. Average trailing P/E is 19x in the Real Estate industry in India. Total loss to shareholders of 50% over the past three years. Is New 90 Day High Low • Mar 04
New 90-day low: ₹4.85 The company is down 43% from its price of ₹8.50 on 04 December 2020. The Indian market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 31% over the same period. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorated over the past week After last week's 20% share price decline to ₹4.85, the stock is trading at a trailing P/E ratio of 37.1x, down from the previous P/E ratio of 46.3x. This compares to an average P/E of 21x in the Real Estate industry in India. Total return to shareholders over the past three years is a loss of 61%. Valuation Update With 7 Day Price Move • Feb 15
Investor sentiment deteriorated over the past week After last week's 20% share price decline to ₹5.45, the stock is trading at a trailing P/E ratio of 41.7x, down from the previous P/E ratio of 52.5x. This compares to an average P/E of 17x in the Real Estate industry in India. Total return to shareholders over the past three years is a loss of 58%. Is New 90 Day High Low • Feb 09
New 90-day low: ₹6.80 The company is down 20% from its price of ₹8.50 on 11 November 2020. The Indian market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 50% over the same period. Valuation Update With 7 Day Price Move • Dec 22
Investor sentiment deteriorated over the past week After last week's 19% share price decline to ₹6.85, the stock is trading at a trailing P/E ratio of 52.5x, down from the previous P/E ratio of 65.1x. This compares to an average P/E of 14x in the Real Estate industry in India. Total return to shareholders over the past three years is a loss of 44%. Announcement • Sep 03
Diggi Multitrade Limited to Report Fiscal Year 2020 Results on Sep 02, 2020 Diggi Multitrade Limited announced that they will report fiscal year 2020 results on Sep 02, 2020