Valuation Update With 7 Day Price Move • Jun 12
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹318, the stock trades at a trailing P/E ratio of 40.8x. Average trailing P/E is 22x in the IT industry in India. Total loss to shareholders of 1.5% over the past three years. Reported Earnings • May 31
Full year 2026 earnings released: EPS: ₹7.91 (vs ₹14.18 in FY 2025) Full year 2026 results: EPS: ₹7.91 (down from ₹14.18 in FY 2025). Revenue: ₹3.47b (up 12% from FY 2025). Net income: ₹325.8m (down 42% from FY 2025). Profit margin: 9.4% (down from 18% 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 34% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • May 27
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹247, the stock trades at a trailing P/E ratio of 26.4x. Average trailing P/E is 22x in the IT industry in India. Total loss to shareholders of 25% over the past three years. Valuation Update With 7 Day Price Move • May 13
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹216, the stock trades at a trailing P/E ratio of 23.1x. Average trailing P/E is 22x in the IT industry in India. Total loss to shareholders of 37% over the past three years. New Risk • May 12
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹9.16b (US$95.7m) This is considered a minor risk. Companies with a small market capitalization 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 Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (12% net profit margin). Market cap is less than US$100m (₹9.16b market cap, or US$95.7m). New Risk • Mar 30
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹8.67b (US$91.6m) This is considered a minor risk. Companies with a small market capitalization 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 Risk Share price has been highly volatile over the past 3 months (9.5% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (12% net profit margin). Market cap is less than US$100m (₹8.67b market cap, or US$91.6m). Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹228, the stock trades at a trailing P/E ratio of 24.4x. Average trailing P/E is 20x in the IT industry in India. Total loss to shareholders of 31% over the past three years. Reported Earnings • Feb 14
Third quarter 2026 earnings released: EPS: ₹0.25 (vs ₹5.22 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.25 (down from ₹5.22 in 3Q 2025). Revenue: ₹869.0m (down 2.4% from 3Q 2025). Net income: ₹10.9m (down 95% from 3Q 2025). Profit margin: 1.3% (down from 23% in 3Q 2025). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. New Risk • Jan 14
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 8.4% 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 (8.4% average weekly change). High level of non-cash earnings (21% accrual ratio). Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹356, the stock trades at a trailing P/E ratio of 25.4x. Average trailing P/E is 25x in the IT industry in India. Total loss to shareholders of 22% over the past three years. Reported Earnings • Nov 15
Second quarter 2026 earnings released: EPS: ₹2.89 (vs ₹2.80 in 2Q 2025) Second quarter 2026 results: EPS: ₹2.89 (up from ₹2.80 in 2Q 2025). Revenue: ₹807.9m (up 12% from 2Q 2025). Net income: ₹120.0m (up 6.9% from 2Q 2025). Profit margin: 15% (in line with 2Q 2025). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. New Risk • Oct 15
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 4.9% 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹563, the stock trades at a trailing P/E ratio of 40.6x. Average trailing P/E is 27x in the IT industry in India. Total returns to shareholders of 1.0% over the past three years. Reported Earnings • Aug 14
First quarter 2026 earnings released: EPS: ₹1.75 (vs ₹1.34 in 1Q 2025) First quarter 2026 results: EPS: ₹1.75 (up from ₹1.34 in 1Q 2025). Revenue: ₹721.4m (up 29% from 1Q 2025). Net income: ₹71.2m (up 32% from 1Q 2025). Profit margin: 9.9% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Aug 09
Genesys International Corporation Limited to Report Q1, 2026 Results on Aug 13, 2025 Genesys International Corporation Limited announced that they will report Q1, 2026 results on Aug 13, 2025 Reported Earnings • Jun 02
Full year 2025 earnings released: EPS: ₹14.14 (vs ₹5.78 in FY 2024) Full year 2025 results: EPS: ₹14.14 (up from ₹5.78 in FY 2024). Revenue: ₹3.15b (up 59% from FY 2024). Net income: ₹562.2m (up 155% from FY 2024). Profit margin: 18% (up from 11% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to ₹550, the stock trades at a trailing P/E ratio of 42x. Average trailing P/E is 26x in the IT industry in India. Total loss to shareholders of 8.9% over the past three years. Announcement • Mar 21
Genesys International Corporation Limited Appoints Ajay Aggarwal as an Independent Director Genesys International Corporation Limited has appointed Mr. Ajay Aggarwal as an Independent Director in compliance with the aforesaid regulations. New Risk • Mar 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 9.5% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Feb 15
Third quarter 2025 earnings released: EPS: ₹5.22 (vs ₹4.21 in 3Q 2024) Third quarter 2025 results: EPS: ₹5.22 (up from ₹4.21 in 3Q 2024). Revenue: ₹909.3m (up 53% from 3Q 2024). Net income: ₹206.6m (up 30% from 3Q 2024). Profit margin: 23% (down from 27% 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 46% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jan 27
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹847, the stock trades at a trailing P/E ratio of 71.3x. Average trailing P/E is 34x in the IT industry in India. Total returns to shareholders of 135% over the past three years. Valuation Update With 7 Day Price Move • Nov 28
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹910, the stock trades at a trailing P/E ratio of 76.3x. Average trailing P/E is 38x in the IT industry in India. Total returns to shareholders of 177% over the past three years. New Risk • Nov 26
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 7.6% 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 High level of non-cash earnings (25% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Shareholders have been diluted in the past year (5.0% increase in shares outstanding). Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹708, the stock trades at a trailing P/E ratio of 59.4x. Average trailing P/E is 37x in the IT industry in India. Total returns to shareholders of 155% over the past three years. Reported Earnings • Oct 29
Second quarter 2025 earnings released Second quarter 2025 results: EPS: ₹2.80. Revenue: ₹730.2m (up 120% from 2Q 2024). Net income: ₹112.3m (up ₹145.3m from 2Q 2024). Profit margin: 15% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth. Announcement • Sep 29
Genesys International Corporation Limited Announces Cessation of Ganesh Acharya as Independent Director Genesys International Corporation Limited informed that Mr. Ganesh Acharya (DIN: 00702346) has completed his second term as an Independent Director on September 28, 2024. Consequently, he ceased to be the Independent Director of the Company w.e.f close of business hours of September 28, 2024. The Company wishes to place on record its appreciation for the valuable contribution and guidance provided by Mr. Acharya, during his association as an Independent Director of the Company. Announcement • Sep 11
Genesys International Corporation Limited, Annual General Meeting, Sep 30, 2024 Genesys International Corporation Limited, Annual General Meeting, Sep 30, 2024, at 16:30 Indian Standard Time. Reported Earnings • Aug 16
First quarter 2025 earnings released: EPS: ₹1.34 (vs ₹1.40 loss in 1Q 2024) First quarter 2025 results: EPS: ₹1.34 (up from ₹1.40 loss in 1Q 2024). Revenue: ₹571.7m (up 66% from 1Q 2024). Net income: ₹53.8m (up ₹107.1m from 1Q 2024). Profit margin: 9.4% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 69% 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 • Aug 09
Genesys International Corporation Limited to Report Q1, 2025 Results on Aug 14, 2024 Genesys International Corporation Limited announced that they will report Q1, 2025 results on Aug 14, 2024 Reported Earnings • Jun 05
Full year 2024 earnings released: EPS: ₹5.78 (vs ₹5.43 in FY 2023) Full year 2024 results: EPS: ₹5.78 (up from ₹5.43 in FY 2023). Revenue: ₹2.03b (up 12% from FY 2023). Net income: ₹220.7m (up 16% from FY 2023). Profit margin: 11% (in line with FY 2023). Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 58% per year, which means it is significantly lagging earnings growth. Board Change • Apr 10
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. 2 highly experienced directors. Chairman & MD Sajid Malik is the most experienced director on the board, commencing their role in 2000. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Feb 15
Third quarter 2024 earnings released: EPS: ₹4.21 (vs ₹2.25 in 3Q 2023) Third quarter 2024 results: EPS: ₹4.21 (up from ₹2.25 in 3Q 2023). Revenue: ₹618.7m (up 14% from 3Q 2023). Net income: ₹158.6m (up 102% from 3Q 2023). Profit margin: 26% (up from 14% in 3Q 2023). The increase in margin was primarily driven by higher revenue. 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 85% per year, which means it is significantly lagging earnings growth. Announcement • Jan 16
Genesys International Corporation Limited Appoints Pavan Tsunduru as Chief Operating Officer Genesys International Corporation Limited announced that Mr. Pavan Tsunduru is appointed as Chief Operating Officer (COO) of the Company with effect from January 16, 2024. Mr. Pavan Tsunduru is appointed as Chief Operating Officer ("COO") to Drive New Map stack. With a distinguished career spanning over two decades, Mr. Tsunduru has held senior technology positions at major Indian corporations, including Reliance, where he was head of group IT strategy, Adani, - CIO Adani ports and GMR group - MD of group company GeoKno India Private Ltd. He has displayed unique expertise in deploying high impact technology solutions for large-scale nationwide infrastructure projects in his illustrious career. New Risk • Nov 22
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 Risks Share price has been highly volatile over the past 3 months (9.1% average weekly change). High level of non-cash earnings (31% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (0.8% net profit margin). Shareholders have been diluted in the past year (2.5% increase in shares outstanding). Reported Earnings • Nov 05
Second quarter 2024 earnings released: ₹0.49 loss per share (vs ₹1.41 profit in 2Q 2023) Second quarter 2024 results: ₹0.49 loss per share (down from ₹1.41 profit in 2Q 2023). Revenue: ₹331.9m (down 11% from 2Q 2023). Net loss: ₹33.0m (down 169% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 85% per year, which means it is significantly lagging earnings growth. Announcement • Sep 29
Genesys International Corporation Limited Announces Retirement of Ganapathy Vishwanathan as Non-Executive Director Genesys International Corporation Limited Retirement by rotation of Mr. Ganapathy Vishwanathan, Non-Executive Director and not to fill the vacancy so created. Announcement • Sep 01
Genesys International Corporation Limited, Annual General Meeting, Sep 28, 2023 Genesys International Corporation Limited, Annual General Meeting, Sep 28, 2023, at 15:00 Indian Standard Time. New Risk • Aug 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: 5.5% Last year net profit margin: 17% 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 High level of non-cash earnings (48% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (5.5% net profit margin). Shareholders have been diluted in the past year (6.8% increase in shares outstanding). Reported Earnings • Aug 15
First quarter 2024 earnings released: ₹1.40 loss per share (vs ₹1.31 profit in 1Q 2023) First quarter 2024 results: ₹1.40 loss per share (down from ₹1.31 profit in 1Q 2023). Revenue: ₹354.7m (down 17% from 1Q 2023). Net loss: ₹53.3m (down 224% from profit in 1Q 2023). 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 87% per year, which means it is significantly lagging earnings growth. Announcement • Aug 09
Genesys International Corporation Limited to Report Q1, 2024 Results on Aug 14, 2023 Genesys International Corporation Limited announced that they will report Q1, 2024 results on Aug 14, 2023 Reported Earnings • Jun 02
Full year 2023 earnings released: EPS: ₹5.44 (vs ₹4.29 in FY 2022) Full year 2023 results: EPS: ₹5.44 (up from ₹4.29 in FY 2022). Revenue: ₹1.88b (up 57% from FY 2022). Net income: ₹190.8m (up 42% from FY 2022). Profit margin: 10% (down from 11% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has increased by 115% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 25
Genesys International Corporation Limited to Report Q4, 2023 Results on May 30, 2023 Genesys International Corporation Limited announced that they will report Q4, 2023 results on May 30, 2023 Valuation Update With 7 Day Price Move • May 05
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹339, the stock trades at a trailing P/E ratio of 54.5x. Average trailing P/E is 26x in the IT industry in India. Total returns to shareholders of 962% over the past three years. Reported Earnings • Feb 16
Third quarter 2023 earnings released: EPS: ₹2.25 (vs ₹2.64 in 3Q 2022) Third quarter 2023 results: EPS: ₹2.25 (down from ₹2.64 in 3Q 2022). Revenue: ₹544.3m (up 40% from 3Q 2022). Net income: ₹78.6m (down 4.6% from 3Q 2022). Profit margin: 14% (down from 21% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 55% 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 • Feb 09
Genesys International Corporation Limited to Report Q3, 2023 Results on Feb 14, 2023 Genesys International Corporation Limited announced that they will report Q3, 2023 results on Feb 14, 2023 Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹377, the stock trades at a trailing P/E ratio of 58.2x. Average trailing P/E is 27x in the IT industry in India. Total returns to shareholders of 546% over the past three years. Reported Earnings • Nov 18
Second quarter 2023 earnings released: EPS: ₹1.41 (vs ₹1.80 in 2Q 2022) Second quarter 2023 results: EPS: ₹1.41 (down from ₹1.80 in 2Q 2022). Revenue: ₹393.1m (up 25% from 2Q 2022). Net income: ₹47.8m (down 15% from 2Q 2022). Profit margin: 12% (down from 18% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 97% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 14
First quarter 2023 earnings released: EPS: ₹1.31 (vs ₹2.82 loss in 1Q 2022) First quarter 2023 results: EPS: ₹1.31 (up from ₹2.82 loss in 1Q 2022). Revenue: ₹440.7m (up 222% from 1Q 2022). Net income: ₹42.9m (up ₹113.0m from 1Q 2022). Profit margin: 9.7% (up from net loss in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 87% per year, which means it is well ahead of earnings. Reported Earnings • Jun 11
Full year 2022 earnings released: EPS: ₹4.28 (vs ₹13.77 loss in FY 2021) Full year 2022 results: EPS: ₹4.28 (up from ₹13.77 loss in FY 2021). Revenue: ₹1.20b (up 50% from FY 2021). Net income: ₹134.1m (up ₹563.4m from FY 2021). Profit margin: 11% (up from net loss in FY 2021). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 79% per year, which means it is well ahead of earnings. Recent Insider Transactions • Apr 02
Insider recently sold ₹1.6m worth of stock On the 30th of March, Shanazir Shaikh sold around 3k shares on-market at roughly ₹589 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹2.1m. Insiders have been net sellers, collectively disposing of ₹4.9m more than they bought in the last 12 months. Recent Insider Transactions • Mar 21
Non-Executive Independent Director recently sold ₹2.1m worth of stock On the 15th of March, Ganesh Acharya sold around 4k shares on-market at roughly ₹515 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Feb 16
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹2.64 (up from ₹1.06 in 3Q 2021). Revenue: ₹396.1m (up 71% from 3Q 2021). Net income: ₹82.4m (up 148% from 3Q 2021). Profit margin: 21% (up from 14% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 131 percentage points per year, which is a significant difference in performance. Reported Earnings • Oct 28
Second quarter 2022 earnings released: EPS ₹1.80 (vs ₹1.56 in 2Q 2021) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2022 results: Revenue: ₹321.5m (up 49% from 2Q 2021). Net income: ₹56.1m (up 15% from 2Q 2021). Profit margin: 17% (down from 23% in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 111 percentage points per year, which is a significant difference in performance. Reported Earnings • Jul 04
Full year 2021 earnings released: ₹13.77 loss per share (vs ₹0.61 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: ₹795.6m (down 29% from FY 2020). Net loss: ₹429.3m (down ₹448.2m from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Feb 20
New 90-day high: ₹84.85 The company is up 92% from its price of ₹44.15 on 20 November 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 19% over the same period. Reported Earnings • Feb 06
Third quarter 2021 earnings released: EPS ₹1.06 (vs ₹0.34 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: ₹231.9m (down 17% from 3Q 2020). Net income: ₹33.2m (up 210% from 3Q 2020). Profit margin: 14% (up from 3.8% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Dec 30
New 90-day high: ₹61.50 The company is up 2.0% from its price of ₹60.05 on 01 October 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. Is New 90 Day High Low • Nov 20
New 90-day low: ₹44.15 The company is down 12% from its price of ₹50.00 on 21 August 2020. The Indian market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 17% over the same period. Reported Earnings • Nov 05
Second quarter 2021 earnings released: EPS ₹1.56 The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: ₹215.3m (down 22% from 2Q 2020). Net income: ₹48.6m (up 101% from 2Q 2020). Profit margin: 23% (up from 8.7% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 95% per year but the company’s share price has only fallen by 47% per year, which means it has not declined as severely as earnings.