New Risk • Jul 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 8.6% 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 (₹459.3m market cap, or US$4.76m). Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Profit margins are more than 30% lower than last year (0.4% net profit margin). Revenue is less than US$5m (₹187m revenue, or US$1.9m). Reported Earnings • Jun 01
Full year 2026 earnings released: EPS: ₹0.16 (vs ₹0.50 in FY 2025) Full year 2026 results: EPS: ₹0.16 (down from ₹0.50 in FY 2025). Revenue: ₹186.8m (up 115% from FY 2025). Net income: ₹733.0k (down 68% from FY 2025). Profit margin: 0.4% (down from 2.7% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth. Announcement • May 26
Nanavati Ventures Limited to Report Q4, 2026 Results on May 30, 2026 Nanavati Ventures Limited announced that they will report Q4, 2026 results at 12:15 PM, Indian Standard Time on May 30, 2026 Board Change • May 01
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. Non-Executive Independent Director Dhiraj Mishra is the most experienced director on the board, commencing their role in 2025. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • Jan 12
Nanavati Ventures Limited Announces Resignation of Nikunj Kalubhai Maniya, Company Secretary and Compliance Officer, Effective January 10, 2026 Nanavati Ventures Limited announced that Mr. Nikunj Kalubhai Maniya has ceased to be the Company Secretary & Compliance Officer of the company, effective January 10, 2026. The Board of Directors of Nanavati Ventures Limited acknowledged the receipt of Mr. Nikunj Kalubhai Maniya's resignation letter dated January 10, 2026, from the position of Company Secretary of the company with effect from January 10, 2026. New Risk • Nov 16
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: 1.1% Last year net profit margin: 3.5% 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: Major Risks Shares are highly illiquid. Market cap is less than US$10m (₹523.0m market cap, or US$5.90m). Minor Risks Profit margins are more than 30% lower than last year (1.1% net profit margin). Revenue is less than US$5m (₹221m revenue, or US$2.5m). Announcement • Nov 08
Nanavati Ventures Limited to Report First Half, 2026 Results on Nov 13, 2025 Nanavati Ventures Limited announced that they will report first half, 2026 results on Nov 13, 2025 Reported Earnings • Sep 09
Full year 2025 earnings released: EPS: ₹0.50 (vs ₹0.42 in FY 2024) Full year 2025 results: EPS: ₹0.50 (up from ₹0.42 in FY 2024). Revenue: ₹86.8m (down 66% from FY 2024). Net income: ₹2.32m (up 19% from FY 2024). Profit margin: 2.7% (up from 0.8% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 49% per year, which means it is significantly lagging earnings growth. Announcement • Sep 03
Nanavati Ventures Limited, Annual General Meeting, Sep 30, 2025 Nanavati Ventures Limited, Annual General Meeting, Sep 30, 2025. New Risk • Jul 29
New major risk - Revenue size The company makes less than US$1m in revenue. Total revenue: ₹87m (US$997k) This is considered a major risk. Companies with a small amount of revenue 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 Revenue is less than US$1m (₹87m revenue, or US$997k). Market cap is less than US$10m (₹538.0m market cap, or US$6.17m). Minor Risk Share price has been volatile over the past 3 months (7.5% average weekly change). New Risk • Jul 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 7.2% 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 (₹471.7m market cap, or US$5.51m). Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Revenue is less than US$5m (₹87m revenue, or US$1.0m). Board Change • Jul 08
High number of new directors Additional Independent Director Jigishaben Shah was the last director to join the board, commencing their role in 2025. Announcement • Jun 30
Nanavati Ventures Limited Announces Directorate Changes Nanavati Ventures Limited at its board meeting held on 30 June, 2025, appointed Mr. Dhiraj Mishra and Mrs. Jigishaben Vinodbhai Shah as an Additional Directors in the capacity of Independence on the Board of the Company effective 1 July, 2025 who shall be holding office up to the next Annual General Meeting of the Company; Took note of resignation of Mr. Hardikbhai Rajubhai Patel and Mrs. Bhavisha Divyesh Daliya from the post of Independent Directors of the Company effective closure of working hours of 30 June, 2025. Reported Earnings • Jun 02
Full year 2025 earnings released: EPS: ₹0.50 (vs ₹0.42 in FY 2024) Full year 2025 results: EPS: ₹0.50 (up from ₹0.42 in FY 2024). Revenue: ₹89.2m (down 66% from FY 2024). Net income: ₹2.32m (up 19% from FY 2024). Profit margin: 2.6% (up from 0.8% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth. Announcement • May 22
Nanavati Ventures Limited to Report Second Half, 2025 Results on May 30, 2025 Nanavati Ventures Limited announced that they will report second half, 2025 results on May 30, 2025 Valuation Update With 7 Day Price Move • Feb 27
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹76.86, the stock trades at a trailing P/E ratio of 58.4x. Average trailing P/E is 25x in the Retail Distributors industry in India. Total returns to shareholders of 53% over the past year. Board Change • Feb 11
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. 4 experienced directors. No highly experienced directors. Chairman of the Board & MD Shreykumar Sheth was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Jan 01
Nila Biswakarma and Samad Ahmed Khan entered into share purchase agreement to acquire additional 51.69% stake in Nanavati Ventures Limited (BSE:543522) from Kashmira Hemantkumar Nanavati for approximately INR 120 million. Nila Biswakarma and Samad Ahmed Khan entered into share purchase agreement to acquire additional 51.69% stake in Nanavati Ventures Limited (BSE:543522) from Kashmira Hemantkumar Nanavati for approximately INR 120 million on December 30, 2024. A cash consideration valued at INR 51 per share will be paid for 2.4141 million shares. Board Change • Dec 30
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. 4 experienced directors. No highly experienced directors. Chairman of the Board & MD Shreykumar Sheth was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Oct 31
Nanavati Ventures Limited to Report Q2, 2025 Results on Nov 13, 2024 Nanavati Ventures Limited announced that they will report Q2, 2025 results on Nov 13, 2024 Announcement • Sep 05
Nanavati Ventures Limited, Annual General Meeting, Sep 30, 2024 Nanavati Ventures Limited, Annual General Meeting, Sep 30, 2024. Announcement • Jul 31
Nanavati Ventures Limited Announces Appointment of Nikunj Maniya as Company Secretary and Compliance Officer, Effective August 1, 2024 Nanavati Ventures Limited announced that based on the recommendation of Nomination & Remuneration Committee, the Board of Directors in their Meeting held on 31st July, 2024 has appointed Mr. Nikunj Maniya as Company Secretary and Compliance Officer of the Company with effect from 1st August, 2024. He is an Associate Member of Institute of Company Secretaries of India (ICSI), having Membership No. ACS: 55264. He has vast experience in dealing with Secretarial Compliances. Besides being Company Secretary, He is holding degree of Bachelor in Commerce (B.Com.) and Bachelor of Law (LLB). New Risk • Jul 30
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 9.0% 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 High level of non-cash earnings (91% accrual ratio). Market cap is less than US$10m (₹259.2m market cap, or US$3.10m). Minor Risks Share price has been volatile over the past 3 months (9.0% average weekly change). Revenue is less than US$5m (₹258m revenue, or US$3.1m). Announcement • Jul 02
Nanavati Ventures Limited Announces Resignation of Pankaj Pandav as Company Secretary and Compliance Officer, Effective on or Before 31 July, 2024 Nanavati Ventures Limited informed the Stock Exchange that Mr. Pankaj Pandav, (ACS: 62216), has conveyed his decision to resign from the post of Company Secretary and Compliance Officer of the Company on or before 31 July, 2024. Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: ₹0.42 (vs ₹0.52 in FY 2023) Full year 2024 results: EPS: ₹0.42. Revenue: ₹261.5m (up 64% from FY 2023). Net income: ₹1.96m (up 129% from FY 2023). Profit margin: 0.7% (up from 0.5% in FY 2023). The increase in margin was driven by higher revenue. New Risk • May 26
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 Earnings have declined by 62% per year over the past 5 years. Market cap is less than US$10m (₹230.7m market cap, or US$2.78m). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Revenue is less than US$5m (₹165m revenue, or US$2.0m). Announcement • May 24
Nanavati Ventures Limited to Report Second Half, 2024 Results on May 30, 2024 Nanavati Ventures Limited announced that they will report second half, 2024 results on May 30, 2024 Board Change • Feb 26
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. 4 experienced directors. No highly experienced directors. Chairman of the Board & MD Shreykumar Sheth was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Jan 29
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. 4 experienced directors. No highly experienced directors. Chairman of the Board & MD Shreykumar Sheth was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 05
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. 4 experienced directors. No highly experienced directors. Chairman of the Board & MD Shreykumar Sheth was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 14
First half 2024 earnings released: ₹0.83 loss per share (vs ₹0.52 profit in 1H 2023) First half 2024 results: ₹0.83 loss per share (down from ₹0.52 profit in 1H 2023). Revenue: ₹115.1m (up 4.5% from 1H 2023). Net loss: ₹3.90m (down ₹4.75m from profit in 1H 2023). New Risk • Nov 10
New major risk - Revenue and earnings growth Earnings have declined by 58% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 58% per year over the past 5 years. Shareholders have been substantially diluted in the past year (184% increase in shares outstanding). Market cap is less than US$10m (₹254.9m market cap, or US$3.06m). Minor Risk Revenue is less than US$5m (₹165m revenue, or US$2.0m). Board Change • Nov 10
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. 4 experienced directors. No highly experienced directors. Chairman of the Board & MD Shreykumar Sheth was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Nov 01
Nanavati Ventures Limited to Report First Half, 2024 Results on Nov 08, 2023 Nanavati Ventures Limited announced that they will report first half, 2024 results on Nov 08, 2023 Board Change • Oct 13
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. 4 experienced directors. No highly experienced directors. Chairman of the Board & MD Shreykumar Sheth was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Sep 05
Nanavati Ventures Limited, Annual General Meeting, Sep 30, 2023 Nanavati Ventures Limited, Annual General Meeting, Sep 30, 2023, at 12:30 Indian Standard Time. Board Change • Aug 14
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. 4 experienced directors. No highly experienced directors. Chairman of the Board & MD Shreykumar Sheth was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Aug 01
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. 4 experienced directors. No highly experienced directors. Chairman of the Board & MD Shreykumar Sheth was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • May 31
Full year 2023 earnings released: EPS: ₹0.52 (vs ₹0.11 in FY 2022) Full year 2023 results: EPS: ₹0.52 (up from ₹0.11 in FY 2022). Revenue: ₹160.5m (down 14% from FY 2022). Net income: ₹856.0k (up ₹722.0k from FY 2022). Profit margin: 0.5% (up from 0.1% in FY 2022). Announcement • May 20
Nanavati Ventures Limited to Report Second Half, 2023 Results on May 27, 2023 Nanavati Ventures Limited announced that they will report second half, 2023 results on May 27, 2023 Announcement • Nov 05
Nanavati Ventures Limited to Report First Half, 2023 Results on Nov 14, 2022 Nanavati Ventures Limited announced that they will report first half, 2023 results on Nov 14, 2022 Announcement • Aug 30
Nanavati Ventures Limited, Annual General Meeting, Sep 29, 2022 Nanavati Ventures Limited, Annual General Meeting, Sep 29, 2022, at 12:30 Indian Standard Time. Board Change • Aug 24
High number of new directors Chairman of the Board & MD Shreykumar Sheth was the last director to join the board, commencing their role in 2020. Board Change • Jul 21
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. Non-Executive Director Vaishnavi Nanavati is the most experienced director on the board, commencing their role in 2019. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • May 22
Nanavati Ventures Limited to Report Fiscal Year 2022 Results on May 30, 2022 Nanavati Ventures Limited announced that they will report fiscal year 2022 results on May 30, 2022 Board Change • May 06
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. Non-Executive Director Vaishnavi Nanavati is the most experienced director on the board, commencing their role in 2019. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.