Valuation Update With 7 Day Price Move • May 19
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹42.51, the stock trades at a trailing P/E ratio of 5.2x. Average trailing P/E is 19x in the Specialty Retail industry in India. Total loss to shareholders of 46% over the past year. Valuation Update With 7 Day Price Move • Apr 27
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to ₹36.01, the stock trades at a trailing P/E ratio of 4.4x. Average trailing P/E is 20x in the Specialty Retail industry in India. Total loss to shareholders of 39% over the past year. 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 ₹36.50, the stock trades at a trailing P/E ratio of 4.5x. Average trailing P/E is 16x in the Specialty Retail industry in India. Total loss to shareholders of 27% over the past year. Valuation Update With 7 Day Price Move • Mar 12
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹43.00, the stock trades at a trailing P/E ratio of 5.3x. Average trailing P/E is 19x in the Specialty Retail industry in India. Total loss to shareholders of 23% over the past year. Board Change • Jan 28
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. Non-Executive Independent Director Punita Gupta was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 24
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. Non-Executive Independent Director Punita Gupta was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 09
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. Non-Executive Independent Director Punita Gupta was the last independent director to join the board, commencing their role in 2025. 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 • Nov 26
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹60.00, the stock trades at a trailing P/E ratio of 7.4x. Average trailing P/E is 25x in the Specialty Retail industry in India. Total returns to shareholders of 16% over the past year. Announcement • Nov 11
Resourceful Automobile Limited to Report First Half, 2026 Results on Nov 14, 2025 Resourceful Automobile Limited announced that they will report first half, 2026 results on Nov 14, 2025 Announcement • Oct 01
Resourceful Automobile Limited Announces Appointment and Regularization of Punita Gupta as Non-Executive Independent Director Resourceful Automobile Limited at its AGM held on September 30, 2025 announced the appointment and Regularization of Additional Director, Ms. Punita Gupta, having (DIN: 11085641) as Non-Executive Independent Director of the Company. Reported Earnings • Sep 10
Full year 2025 earnings released: EPS: ₹4.77 (vs ₹11.93 in FY 2024) Full year 2025 results: EPS: ₹4.77 (down from ₹11.93 in FY 2024). Revenue: ₹216.4m (up 12% from FY 2024). Net income: ₹12.7m (down 35% from FY 2024). Profit margin: 5.9% (down from 10% in FY 2024). The decrease in margin was driven by higher expenses. Announcement • Sep 09
Resourceful Automobile Limited, Annual General Meeting, Sep 30, 2025 Resourceful Automobile Limited, Annual General Meeting, Sep 30, 2025, at 12:15 Indian Standard Time. Valuation Update With 7 Day Price Move • Aug 27
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹63.72, the stock trades at a trailing P/E ratio of 13.3x. Average trailing P/E is 28x in the Specialty Retail industry in India. Announcement • May 21
Resourceful Automobile Limited to Report Fiscal Year 2025 Results on May 30, 2025 Resourceful Automobile Limited announced that they will report fiscal year 2025 results on May 30, 2025 Valuation Update With 7 Day Price Move • Apr 26
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹63.08, the stock trades at a trailing P/E ratio of 20.5x. Average trailing P/E is 34x in the Specialty Retail industry in India. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹62.03, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 34x in the Specialty Retail industry in India. Board Change • Mar 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. 3 non-independent directors. Non-Executive Independent Director Manju Verma 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 • Feb 12
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹58.06, the stock trades at a trailing P/E ratio of 18.8x. Average trailing P/E is 43x in the Specialty Retail industry in India. Valuation Update With 7 Day Price Move • Jan 29
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹51.68, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 46x in the Specialty Retail industry in India. Announcement • Jan 24
Resourceful Automobile Limited Appoints Shilpi Shukla as Company Secretary and Compliance Officer Resourceful Automobile Limited announced appointment of Ms. Shilpi Shukla as Company Secretary and Compliance officer of the company effective from 24th January, 2025. Ms. Shilpi Shukla is a qualified Company Secretary (CS) with extensive experience in the areas of commerce, business law, and corporate compliance. With a strong foundation in corporate governance, regulatory frameworks, and legal compliance, she has been instrumental in ensuring businesses meet legal requirements while fostering sustainable growth and operational efficiency. New Risk • Jan 02
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: 3.9% Last year net profit margin: 5.7% 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 Risk Market cap is less than US$10m (₹170.0m market cap, or US$1.98m). Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Profit margins are more than 30% lower than last year (3.9% net profit margin). Revenue is less than US$5m (₹209m revenue, or US$2.4m). Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹66.44, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 52x in the Specialty Retail industry in India. Announcement • Dec 10
Resourceful Automobile Limited, Annual General Meeting, Dec 31, 2024 Resourceful Automobile Limited, Annual General Meeting, Dec 31, 2024, at 13:00 Indian Standard Time. Announcement • Dec 07
Resourceful Automobile Limited Announces Chief Financial Officer Changes Resourceful Automobile Limited at its board meeting held on 06 December 2024, announced the board of directors has carefully considered the organizational requirements and has decided the removal of Mr. Ghanshyam Ramkumar Chourasia from the position of Chief Financial Officer (CFO) of the company, effective 6 December 2024. This decision has been taken to align with the company's evolving strategic objectives and ensure optimal leadership in the finance function. In his place, the Board has approved the appointment of Mr. Vikas Bhatia as the Chief Financial Officer of the company, effective 6 December 2024, to bring fresh perspectives and drive the company's financial strategy forward. Mr. Vikas Bhatia completed his Bachelor of Commerce (BCom) degree at Singhania University between 2011 and 2013. Following this, he pursued a Master of Business Administration (MBA) from SunRise University, completing it in 2017. Afterward, he gained valuable experience in finance and management, equipping him with the skills necessary to be eligible for the role of Chief Financial Officer (CFO). Announcement • Nov 09
Resourceful Automobile Limited to Report First Half, 2025 Results on Nov 14, 2024 Resourceful Automobile Limited announced that they will report first half, 2025 results on Nov 14, 2024 Announcement • Nov 08
Resourceful Automobile Limited to Report Fiscal Year 2024 Results on Nov 14, 2024 Resourceful Automobile Limited announced that they will report fiscal year 2024 results on Nov 14, 2024 Valuation Update With 7 Day Price Move • Oct 17
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹71.09, the stock trades at a trailing P/E ratio of 11.4x. Average trailing P/E is 53x in the Specialty Retail industry in India. New Risk • Sep 26
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 25% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Shares are highly illiquid. High level of non-cash earnings (25% accrual ratio). Market cap is less than US$10m (₹172.9m market cap, or US$2.07m). Minor Risk Revenue is less than US$5m (₹188m revenue, or US$2.2m). New Risk • Sep 25
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: Major Risks Interest payments are not well covered by earnings (1.8x net interest cover). Shares are highly illiquid. Market cap is less than US$10m (₹187.8m market cap, or US$2.25m). Minor Risks Latest financial reports are more than 6 months old (reported March 2023 fiscal period end). Revenue is less than US$5m (₹194m revenue, or US$2.3m). Valuation Update With 7 Day Price Move • Sep 21
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹72.75, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 50x in the Specialty Retail industry in India. Board Change • Aug 30
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. Non-Executive Independent Director Manju Verma 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. 