Announcement • Aug 30
Sri Krishna Constructions (India) Limited to Report Q1, 2023 Results on Sep 05, 2022 Sri Krishna Constructions (India) Limited announced that they will report Q1, 2023 results at 3:30 PM, Indian Standard Time on Sep 05, 2022 Announcement • Jul 02
Sri Krishna Constructions (India) Limited to Report Q4, 2022 Results on Jul 07, 2022 Sri Krishna Constructions (India) Limited announced that they will report Q4, 2022 results on Jul 07, 2022 Board Change • May 02
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. 3 non-independent directors. Independent Director Sudhakara Setty was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 18
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.46 (up from ₹0.11 loss in 3Q 2021). Revenue: ₹8.19m (up 323% from 3Q 2021). Net income: ₹4.81m (up ₹5.95m from 3Q 2021). Profit margin: 59% (up from net loss in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has fallen by 40% per year, which means it is performing significantly worse than earnings. Reported Earnings • Nov 21
Second quarter 2022 earnings released: EPS ₹0.07 (vs ₹0.54 in 2Q 2021) The company reported a decent second quarter result with improved revenues, although earnings and profit margins were weaker. Second quarter 2022 results: Revenue: ₹38.4m (up 185% from 2Q 2021). Net income: ₹710.0k (down 87% from 2Q 2021). Profit margin: 1.9% (down from 42% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 37% per year whereas the company’s share price has fallen by 32% per year. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹7.05, the stock trades at a trailing P/E ratio of 7.9x. Average trailing P/E is 31x in the Real Estate industry in India. Total loss to shareholders of 76% over the past three years. Valuation Update With 7 Day Price Move • Sep 14
Investor sentiment improved over the past week After last week's 25% share price gain to ₹9.13, the stock trades at a trailing P/E ratio of 10.1x. Average trailing P/E is 27x in the Real Estate industry in India. Total loss to shareholders of 69% over the past three years. Valuation Update With 7 Day Price Move • Aug 24
Investor sentiment improved over the past week After last week's 19% share price gain to ₹6.61, the stock trades at a trailing P/E ratio of 7.3x. Average trailing P/E is 26x in the Real Estate industry in India. Total loss to shareholders of 71% over the past three years. Reported Earnings • Aug 21
First quarter 2022 earnings released: EPS ₹0.11 (vs ₹0.05 in 1Q 2021) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2022 results: Revenue: ₹5.75m (up 236% from 1Q 2021). Net income: ₹1.12m (up 111% from 1Q 2021). Profit margin: 20% (down from 31% in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 35% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Jul 09
Investor sentiment improved over the past week After last week's 19% share price gain to ₹5.70, the stock trades at a trailing P/E ratio of 6.8x. Average trailing P/E is 26x in the Real Estate industry in India. Total loss to shareholders of 83% over the past three years. Reported Earnings • Jul 04
Full year 2021 earnings released: EPS ₹0.84 (vs ₹0.71 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: ₹31.5m (down 43% from FY 2020). Net income: ₹8.79m (up 19% from FY 2020). Profit margin: 28% (up from 13% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 49% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • May 11
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹5.04, the stock trades at a trailing P/E ratio of 6.9x. Average trailing P/E is 20x in the Real Estate industry in India. Total loss to shareholders of 92% over the past three years. Valuation Update With 7 Day Price Move • Mar 08
Investor sentiment improved over the past week After last week's 15% share price gain to ₹6.45, the stock is trading at a trailing P/E ratio of 8.8x, up from the previous P/E ratio of 7.7x. 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 96%. Announcement • Mar 03
Sri Krishna Constructions (India) Limited, Annual General Meeting, Mar 24, 2021 Sri Krishna Constructions (India) Limited, Annual General Meeting, Mar 24, 2021, at 12:30 Indian Standard Time. Location: No 224, 34 Floor, SS Complex 14 Cross, Sampige Road, Malleshwaram Bangalore Karnataka India Reported Earnings • Feb 17
Third quarter 2021 earnings released: ₹0.11 loss per share (vs ₹0.07 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: ₹1.94m (down 2.1% from 3Q 2020). Net loss: ₹1.14m (loss widened 51% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 71% per year whereas the company’s share price has fallen by 66% per year. Is New 90 Day High Low • Feb 03
New 90-day low: ₹4.83 The company is down 4.0% from its price of ₹5.02 on 05 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 42% over the same period. Valuation Update With 7 Day Price Move • Jan 28
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹5.62, the stock is trading at a trailing P/E ratio of 17.3x, down from the previous P/E ratio of 20.7x. This compares to an average P/E of 16x in the Real Estate industry in India. Total return to shareholders over the past three years is a loss of 96%. Reported Earnings • Jan 06
First quarter 2021 earnings released: EPS ₹0.05 The company reported a soft first quarter result with weaker earnings and revenues, although profit margins were improved. First quarter 2021 results: Revenue: ₹1.71m (down 96% from 1Q 2020). Net income: ₹532.0k (down 88% from 1Q 2020). Profit margin: 31% (up from 10% in 1Q 2020). The increase in margin was driven by lower expenses. 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 65% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 05
New 90-day high: ₹6.39 The company is up 68% from its price of ₹3.81 on 07 October 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 42% over the same period. Announcement • Dec 30
Sri Krishna Constructions (India) Limited to Report Q2, 2021 Results on Jan 04, 2021 Sri Krishna Constructions (India) Limited announced that they will report Q2, 2021 results on Jan 04, 2021 Is New 90 Day High Low • Dec 18
New 90-day high: ₹5.98 The company is up 75% from its price of ₹3.41 on 18 September 2020. The Indian market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 34% over the same period. Reported Earnings • Oct 18
Full year earnings released - EPS ₹0.71 Over the last 12 months the company has reported total profits of ₹7.41m, down 11% from the prior year. Total revenue was ₹54.5m over the last 12 months, down 55% from the prior year. Profit margins were 14%, which is higher than the 6.9% margin from last year. The increase in margin was driven by lower expenses. Announcement • Oct 14
Sri Krishna Constructions (India) Limited to Report Q4, 2020 Results on Oct 16, 2020 Sri Krishna Constructions (India) Limited announced that they will report Q4, 2020 results on Oct 16, 2020