Announcement • Apr 27
Atishay Limited, Annual General Meeting, May 26, 2026 Atishay Limited, Annual General Meeting, May 26, 2026, at 12:30 Indian Standard Time. Reported Earnings • Apr 26
Full year 2026 earnings released: EPS: ₹6.50 (vs ₹6.38 in FY 2025) Full year 2026 results: EPS: ₹6.50 (up from ₹6.38 in FY 2025). Revenue: ₹579.6m (up 13% from FY 2025). Net income: ₹71.4m (up 1.9% from FY 2025). Profit margin: 12% (down from 14% 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 45% per year but the company’s share price has increased by 92% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 25
Atishay Limited announces Annual dividend, payable on June 25, 2026 Atishay Limited announced Annual dividend of INR 1.0000 per share payable on June 25, 2026, ex-date on May 19, 2026 and record date on May 19, 2026. Announcement • Apr 16
Atishay Limited to Report Q4, 2026 Results on Apr 24, 2026 Atishay Limited announced that they will report Q4, 2026 results at 12:15 PM, Indian Standard Time on Apr 24, 2026 Valuation Update With 7 Day Price Move • Mar 30
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹227, the stock trades at a trailing P/E ratio of 32.4x. Average trailing P/E is 20x in the IT industry in India. Total returns to shareholders of 645% over the past three years. Valuation Update With 7 Day Price Move • Mar 06
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹205, the stock trades at a trailing P/E ratio of 29.3x. Average trailing P/E is 20x in the IT industry in India. Total returns to shareholders of 600% over the past three years. New Risk • Mar 05
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.2% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.2% average weekly change). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (₹2.25b market cap, or US$24.5m). Reported Earnings • Jan 21
Third quarter 2026 earnings released: EPS: ₹1.72 (vs ₹1.93 in 3Q 2025) Third quarter 2026 results: EPS: ₹1.72 (down from ₹1.93 in 3Q 2025). Revenue: ₹154.5m (up 1.5% from 3Q 2025). Net income: ₹18.9m (down 11% from 3Q 2025). Profit margin: 12% (down from 14% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has increased by 76% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 12
Atishay Limited to Report Q3, 2026 Results on Jan 19, 2026 Atishay Limited announced that they will report Q3, 2026 results on Jan 19, 2026 New Risk • Oct 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 4.6% 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: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (4.6% average weekly change). Market cap is less than US$100m (₹1.44b market cap, or US$16.3m). Valuation Update With 7 Day Price Move • Oct 30
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹158, the stock trades at a trailing P/E ratio of 21.7x. Average trailing P/E is 28x in the IT industry in India. Total returns to shareholders of 360% over the past three years. Reported Earnings • Oct 17
Second quarter 2026 earnings released: EPS: ₹1.67 (vs ₹1.32 in 2Q 2025) Second quarter 2026 results: EPS: ₹1.67 (up from ₹1.32 in 2Q 2025). Revenue: ₹184.2m (up 42% from 2Q 2025). Net income: ₹18.3m (up 26% from 2Q 2025). Profit margin: 9.9% (down from 11% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 56% per year, which means it is significantly lagging earnings growth. Announcement • Oct 07
Atishay Limited to Report Fiscal Year 2026 Results on Oct 16, 2025 Atishay Limited announced that they will report fiscal year 2026 results on Oct 16, 2025 Reported Earnings • Jul 10
First quarter 2026 earnings released: EPS: ₹1.50 (vs ₹0.98 in 1Q 2025) First quarter 2026 results: EPS: ₹1.50 (up from ₹0.98 in 1Q 2025). Revenue: ₹130.3m (up 29% from 1Q 2025). Net income: ₹16.5m (up 53% from 1Q 2025). Profit margin: 13% (up from 11% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 57% per year, which means it is significantly lagging earnings growth. Announcement • Jul 02
Atishay Limited to Report Q1, 2026 Results on Jul 09, 2025 Atishay Limited announced that they will report Q1, 2026 results at 12:15 PM, Indian Standard Time on Jul 09, 2025 Upcoming Dividend • May 27
Upcoming dividend of ₹1.00 per share Eligible shareholders must have bought the stock before 03 June 2025. Payment date: 10 July 2025. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (2.9%). New Risk • May 06
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 8.5% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.5% average weekly change). Market cap is less than US$100m (₹1.64b market cap, or US$19.5m). Valuation Update With 7 Day Price Move • May 06
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹142, the stock trades at a trailing P/E ratio of 22.3x. Average trailing P/E is 27x in the IT industry in India. Total returns to shareholders of 316% over the past three years. Reported Earnings • May 05
Full year 2025 earnings released: EPS: ₹6.38 (vs ₹5.06 in FY 2024) Full year 2025 results: EPS: ₹6.38 (up from ₹5.06 in FY 2024). Revenue: ₹532.6m (up 23% from FY 2024). Net income: ₹70.1m (up 26% from FY 2024). Profit margin: 13% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 62% per year, which means it is significantly lagging earnings growth. Announcement • Apr 21
Atishay Limited to Report Q4, 2024 Results on Apr 29, 2025 Atishay Limited announced that they will report Q4, 2024 results on Apr 29, 2025 Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹161, the stock trades at a trailing P/E ratio of 24.7x. Average trailing P/E is 25x in the IT industry in India. Total returns to shareholders of 302% over the past three years. Valuation Update With 7 Day Price Move • Mar 25
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹179, the stock trades at a trailing P/E ratio of 27.4x. Average trailing P/E is 28x in the IT industry in India. Total returns to shareholders of 355% over the past three years. Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹154, the stock trades at a trailing P/E ratio of 23.5x. Average trailing P/E is 26x in the IT industry in India. Total returns to shareholders of 277% over the past three years. Valuation Update With 7 Day Price Move • Feb 13
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹172, the stock trades at a trailing P/E ratio of 26.3x. Average trailing P/E is 30x in the IT industry in India. Total returns to shareholders of 306% over the past three years. Reported Earnings • Jan 15
Third quarter 2025 earnings released: EPS: ₹1.93 (vs ₹1.72 in 3Q 2024) Third quarter 2025 results: EPS: ₹1.93 (up from ₹1.72 in 3Q 2024). Revenue: ₹157.3m (up 34% from 3Q 2024). Net income: ₹21.1m (up 12% from 3Q 2024). Profit margin: 13% (down from 16% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has only increased by 65% per year, which means it is significantly lagging earnings growth. Announcement • Jan 06
Atishay Limited to Report Q3, 2025 Results on Jan 14, 2025 Atishay Limited announced that they will report Q3, 2025 results at 12:15 PM, Indian Standard Time on Jan 14, 2025 New Risk • Dec 30
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.1% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.1% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₹2.36b market cap, or US$27.6m). Valuation Update With 7 Day Price Move • Dec 12
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹239, the stock trades at a trailing P/E ratio of 37.8x. Average trailing P/E is 38x in the IT industry in India. Total returns to shareholders of 373% over the past three years. New Risk • Nov 27
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.1% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.1% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₹2.19b market cap, or US$25.9m). Valuation Update With 7 Day Price Move • Oct 29
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹158, the stock trades at a trailing P/E ratio of 25x. Average trailing P/E is 36x in the IT industry in India. Total returns to shareholders of 440% over the past three years. Reported Earnings • Oct 12
Second quarter 2025 earnings released: EPS: ₹1.32 (vs ₹0.94 in 2Q 2024) Second quarter 2025 results: EPS: ₹1.32 (up from ₹0.94 in 2Q 2024). Revenue: ₹135.7m (up 86% from 2Q 2024). Net income: ₹14.5m (up 41% from 2Q 2024). Profit margin: 11% (down from 14% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 75% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 09
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹153, the stock trades at a trailing P/E ratio of 25.7x. Average trailing P/E is 38x in the IT industry in India. Total returns to shareholders of 405% over the past three years. Announcement • Oct 03
Atishay Limited to Report Q2, 2025 Results on Oct 11, 2024 Atishay Limited announced that they will report Q2, 2025 results on Oct 11, 2024 Announcement • Sep 16
Atishay Limited Announces Retirement of Poonam Agrawal as Independent Director Atishay Limited announced that Mrs. Poonam Agrawal shall retire from the position as an Independent Director of the Company on the completion of her second and final term. Her retirement will be effective at the close of business hours on September 16, 2024. Announcement • Jul 18
Atishay Limited Approves Appointment of Rajendra Saxena as Independent Director Atishay Limited at its AGM held on June 16, 2024 approved appointment of Mr. Rajendra Saxena (DIN:10485612), as an Independent Director of the Company for the period of 5 (five) years with effect from May 10, 2024 to May 09, 2029 and during that period, he shall not be liable to retire by rotation. Announcement • Jul 17
Atishay Limited Declares Dividend for the Financial Year Ended 31 March 2024 Atishay Limited at its AGM held on July 16, 2024 declared dividend of INR 1 per Equity Share of face value of INR 10 each for the financial year ended 31 March 2024. Announcement • Jul 09
Atishay Limited to Report Q1, 2025 Results on Jul 16, 2024 Atishay Limited announced that they will report Q1, 2025 results on Jul 16, 2024 Upcoming Dividend • Jul 02
Upcoming dividend of ₹1.00 per share Eligible shareholders must have bought the stock before 09 July 2024. Payment date: 15 August 2024. Trailing yield: 0.7%. Lower than top quartile of Indian dividend payers (1.1%). Lower than average of industry peers (2.0%). Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹110, the stock trades at a trailing P/E ratio of 21.8x. Average trailing P/E is 36x in the IT industry in India. Total returns to shareholders of 271% over the past three years. Reported Earnings • Jun 23
Full year 2024 earnings released: EPS: ₹5.06 (vs ₹0.59 in FY 2023) Full year 2024 results: EPS: ₹5.06 (up from ₹0.59 in FY 2023). Revenue: ₹432.6m (up 102% from FY 2023). Net income: ₹55.5m (up ₹49.0m from FY 2023). Profit margin: 13% (up from 3.0% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth. Announcement • May 15
Atishay Limited, Annual General Meeting, Jul 16, 2024 Atishay Limited, Annual General Meeting, Jul 16, 2024. Reported Earnings • May 12
Full year 2024 earnings released: EPS: ₹5.06 (vs ₹0.59 in FY 2023) Full year 2024 results: EPS: ₹5.06 (up from ₹0.59 in FY 2023). Revenue: ₹452.2m (up 111% from FY 2023). Net income: ₹55.5m (up ₹49.0m from FY 2023). Profit margin: 12% (up from 3.0% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 08
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹81.02, the stock trades at a trailing P/E ratio of 25x. Average trailing P/E is 37x in the IT industry in India. Total returns to shareholders of 173% over the past three years. Announcement • May 05
Atishay Limited to Report Q4, 2024 Results on May 10, 2024 Atishay Limited announced that they will report Q4, 2024 results on May 10, 2024 Valuation Update With 7 Day Price Move • Mar 28
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹72.79, the stock trades at a trailing P/E ratio of 22.5x. Average trailing P/E is 32x in the IT industry in India. Total returns to shareholders of 156% over the past three years. Valuation Update With 7 Day Price Move • Jan 29
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹56.53, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 42x in the IT industry in India. Total returns to shareholders of 57% over the past three years. Reported Earnings • Jan 23
Third quarter 2024 earnings released: EPS: ₹1.72 (vs ₹0.26 in 3Q 2023) Third quarter 2024 results: EPS: ₹1.72 (up from ₹0.26 in 3Q 2023). Revenue: ₹121.9m (up 103% from 3Q 2023). Net income: ₹18.9m (up ₹16.1m from 3Q 2023). Profit margin: 16% (up from 4.7% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 22
Atishay Limited Appoints Sambedna Jain as A Company Secretary & Compliance Officer Atishay Limited announced that Mrs. Sambedna Jain has been appointed as a Company Secretary & Compliance Officer of the Company with effect from January 22, 2024 and also designated as Key Managerial Personnel of the Company. Mrs. Sambedna Jain has joined Atishay Limited as an AGM- Corporate Secretarial on November 01, 2023. She is a Company Secretary and has done her post-graduation in Commerce from Barkatulla University, Bhopal and also done Post Graduation Diploma in Computer Application. She is having a remarkable career spanning work experience of over 13 years of handling Corporate Governance, Legal Compliance and Company Administration. Previously she has worked with Dilip Buildcon Limited and Sandhya Praksah Limited. Announcement • Jan 12
Atishay Limited to Report Q3, 2024 Results on Jan 22, 2024 Atishay Limited announced that they will report Q3, 2024 results on Jan 22, 2024 Announcement • Oct 17
Atishay Limited to Report Q2, 2024 Results on Oct 23, 2023 Atishay Limited announced that they will report Q2, 2024 results on Oct 23, 2023 New Risk • Oct 11
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 8.9% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.9% average weekly change). Earnings have declined by 44% per year over the past 5 years. Market cap is less than US$10m (₹504.3m market cap, or US$6.06m). Minor Risk Revenue is less than US$5m (₹246m revenue, or US$3.0m). Valuation Update With 7 Day Price Move • Oct 10
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to ₹45.92, the stock trades at a trailing P/E ratio of 45.2x. Average trailing P/E is 38x in the IT industry in India. Total returns to shareholders of 30% over the past three years. Reported Earnings • Jul 22
First quarter 2024 earnings released: EPS: ₹0.10 (vs ₹0.33 loss in 1Q 2023) First quarter 2024 results: EPS: ₹0.10 (up from ₹0.33 loss in 1Q 2023). Revenue: ₹67.2m (up 89% from 1Q 2023). Net income: ₹1.09m (up ₹4.67m from 1Q 2023). Profit margin: 1.6% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance. Announcement • Jul 13
Atishay Limited to Report Q1, 2024 Results on Jul 18, 2023 Atishay Limited announced that they will report Q1, 2024 results at 3:30 PM, Indian Standard Time on Jul 18, 2023 New Risk • Jul 03
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 25% 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 Risks Share price has been highly volatile over the past 3 months (9.5% average weekly change). Earnings have declined by 42% per year over the past 5 years. Market cap is less than US$10m (₹370.5m market cap, or US$4.53m). Minor Risks Large one-off items impacting financial results. Revenue is less than US$5m (₹215m revenue, or US$2.6m). Valuation Update With 7 Day Price Move • Jun 13
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹37.28, the stock trades at a trailing P/E ratio of 63x. Average trailing P/E is 33x in the IT industry in India. Total returns to shareholders of 7.2% over the past three years. Announcement • Jun 11
Atishay Limited, Annual General Meeting, Jul 18, 2023 Atishay Limited, Annual General Meeting, Jul 18, 2023, at 12:30 Indian Standard Time. Announcement • May 17
Atishay Limited to Report Fiscal Year 2023 Results on May 23, 2023 Atishay Limited announced that they will report fiscal year 2023 results on May 23, 2023 Reported Earnings • Feb 14
Third quarter 2023 earnings released: EPS: ₹0.26 (vs ₹0.25 in 3Q 2022) Third quarter 2023 results: EPS: ₹0.26 (up from ₹0.25 in 3Q 2022). Revenue: ₹64.8m (up 33% from 3Q 2022). Net income: ₹2.83m (up 2.8% from 3Q 2022). Profit margin: 4.4% (down from 5.6% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance. Announcement • Feb 07
Atishay Limited to Report Q3, 2023 Results on Feb 13, 2023 Atishay Limited announced that they will report Q3, 2023 results on Feb 13, 2023 Board Change • Nov 16
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. 2 experienced directors. 5 highly experienced directors. Non-Executive Independent Director Arun Shrivastava was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Sep 21
Non Executive Director recently bought ₹1.7m worth of stock On the 16th of September, Rekha Jain bought around 50k shares on-market at roughly ₹33.48 per share. This transaction amounted to 3.3% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Aug 07
First quarter 2023 earnings released: ₹0.33 loss per share (vs ₹0.40 loss in 1Q 2022) First quarter 2023 results: ₹0.33 loss per share (up from ₹0.40 loss in 1Q 2022). Revenue: ₹41.1m (up 2.5% from 1Q 2022). Net loss: ₹3.58m (loss narrowed 18% from 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance. Announcement • Aug 07
Atishay Limited, Annual General Meeting, Sep 27, 2022 Atishay Limited, Annual General Meeting, Sep 27, 2022, at 12:30 Indian Standard Time. Announcement • Jul 30
Atishay Limited to Report Q1, 2023 Results on Aug 06, 2022 Atishay Limited announced that they will report Q1, 2023 results on Aug 06, 2022 Reported Earnings • May 30
Full year 2022 earnings released: EPS: ₹0.10 (vs ₹2.26 in FY 2021) Full year 2022 results: EPS: ₹0.10 (down from ₹2.26 in FY 2021). Revenue: ₹212.9m (down 19% from FY 2021). Net income: ₹1.13m (down 96% from FY 2021). Profit margin: 0.5% (down from 9.4% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings. Announcement • May 19
Atishay Limited to Report Q4, 2022 Final Results on May 27, 2022 Atishay Limited announced that they will report Q4, 2022 final results on May 27, 2022 Board Change • Apr 27
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. 3 experienced directors. 3 highly experienced directors. Non-Executive & Independent Director Ajay Mujumdar was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 08
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.25 (down from ₹0.60 in 3Q 2021). Revenue: ₹52.2m (down 20% from 3Q 2021). Net income: ₹2.75m (down 58% from 3Q 2021). Profit margin: 5.3% (down from 10% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Announcement • Jan 30
Atishay Limited to Report Q3, 2022 Results on Feb 05, 2022 Atishay Limited announced that they will report Q3, 2022 results on Feb 05, 2022 Board Change • Dec 06
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. Additional Non-Executive Independent Director Arun Shrivastava was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Nov 29
Investor sentiment improved over the past week After last week's 33% share price gain to ₹58.00, the stock trades at a trailing P/E ratio of 79.5x. Average trailing P/E is 28x in the IT industry in India. Total loss to shareholders of 24% over the past three years. Reported Earnings • Aug 18
First quarter 2022 earnings released: ₹0.40 loss per share (vs ₹0.53 profit in 1Q 2021) The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2022 results: Revenue: ₹40.1m (down 37% from 1Q 2021). Net loss: ₹4.38m (down 175% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 29% per year whereas the company’s share price has fallen by 26% per year. Reported Earnings • Jul 20
Full year 2021 earnings released: EPS ₹2.26 (vs ₹2.23 in FY 2020) The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2021 results: Revenue: ₹262.8m (up 14% from FY 2020). Net income: ₹24.8m (up 1.3% from FY 2020). Profit margin: 9.4% (down from 11% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 21% per year. Valuation Update With 7 Day Price Move • Jun 30
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹30.40, the stock trades at a trailing P/E ratio of 13.5x. Average trailing P/E is 29x in the IT industry in India. Total loss to shareholders of 57% over the past three years. Reported Earnings • Jun 25
Full year 2021 earnings released: EPS ₹2.26 (vs ₹2.23 in FY 2020) The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2021 results: Revenue: ₹273.5m (up 19% from FY 2020). Net income: ₹24.8m (up 1.3% from FY 2020). Profit margin: 9.1% (down from 11% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 24% per year. Valuation Update With 7 Day Price Move • May 31
Investor sentiment improved over the past week After last week's 22% share price gain to ₹37.25, the stock trades at a trailing P/E ratio of 15.9x. Average trailing P/E is 27x in the IT industry in India. Total loss to shareholders of 50% over the past three years. Valuation Update With 7 Day Price Move • Apr 12
Investor sentiment improved over the past week After last week's 15% share price gain to ₹32.45, the stock trades at a trailing P/E ratio of 13.8x. Average trailing P/E is 24x in the IT industry in India. Total loss to shareholders of 62% over the past three years. Is New 90 Day High Low • Feb 15
New 90-day low: ₹33.10 The company is down 15% from its price of ₹39.00 on 17 November 2020. The Indian market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 20% over the same period. Reported Earnings • Jan 30
Third quarter 2021 earnings released: EPS ₹0.60 (vs ₹0.32 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹66.5m (up 33% from 3Q 2020). Net income: ₹6.56m (up 89% from 3Q 2020). Profit margin: 9.9% (up from 7.0% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings. Is New 90 Day High Low • Jan 25
New 90-day low: ₹35.05 The company is down 3.0% from its price of ₹36.20 on 23 October 2020. The Indian market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 22% over the same period. Announcement • Jan 21
Atishay Limited to Report Q3, 2021 Results on Jan 29, 2021 Atishay Limited announced that they will report Q3, 2021 results on Jan 29, 2021 Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment improved over the past week After last week's 16% share price gain to ₹43.00, the stock is trading at a trailing P/E ratio of 20.8x, up from the previous P/E ratio of 17.9x. This compares to an average P/E of 21x in the IT industry in India. Total return to shareholders over the past three years is a loss of 60%. Reported Earnings • Nov 12
Second quarter 2021 earnings released: EPS ₹0.81 The company reported a soft second quarter result with weaker earnings and profit margins, although revenues were improved. Second quarter 2021 results: Revenue: ₹74.7m (up 22% from 2Q 2020). Net income: ₹8.88m (down 28% from 2Q 2020). Profit margin: 12% (down from 20% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 30% per year, which means it is performing significantly worse than earnings. Announcement • Nov 03
Atishay Limited to Report Q2, 2021 Results on Nov 09, 2020 Atishay Limited announced that they will report Q2, 2021 results on Nov 09, 2020 Announcement • Sep 12
Atishay Limited to Report Q1, 2021 Results on Aug 04, 2020 Atishay Limited announced that they will report Q1, 2021 results on Aug 04, 2020