Valuation Update With 7 Day Price Move • May 15
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹109, the stock trades at a trailing P/E ratio of 11.1x. Average trailing P/E is 22x in the IT industry in India. Total returns to shareholders of 92% over the past three years. Announcement • May 11
Inspirisys Solutions Limited, Annual General Meeting, Jun 30, 2026 Inspirisys Solutions Limited, Annual General Meeting, Jun 30, 2026, at 14:00 Indian Standard Time. Reported Earnings • May 11
Full year 2026 earnings released: EPS: ₹9.82 (vs ₹6.67 in FY 2025) Full year 2026 results: EPS: ₹9.82 (up from ₹6.67 in FY 2025). Revenue: ₹4.87b (up 26% from FY 2025). Net income: ₹388.6m (up 47% from FY 2025). Profit margin: 8.0% (up from 6.8% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Announcement • Apr 24
Inspirisys Solutions Limited to Report Q4, 2026 Results on May 08, 2026 Inspirisys Solutions Limited announced that they will report Q4, 2026 results on May 08, 2026 Buy Or Sell Opportunity • Apr 17
Now 20% undervalued The stock has been flat over the last 90 days, currently trading at ₹84.12. The fair value is estimated to be ₹106, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 70%. Buy Or Sell Opportunity • Feb 23
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 4.8% to ₹87.77. The fair value is estimated to be ₹110, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 70%. Reported Earnings • Feb 08
Third quarter 2026 earnings released: EPS: ₹4.21 (vs ₹3.22 in 3Q 2025) Third quarter 2026 results: EPS: ₹4.21 (up from ₹3.22 in 3Q 2025). Revenue: ₹1.30b (up 63% from 3Q 2025). Net income: ₹166.6m (up 30% from 3Q 2025). Profit margin: 13% (down from 16% 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 70% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Jan 28
Now 23% overvalued Over the last 90 days, the stock has fallen 6.1% to ₹84.54. The fair value is estimated to be ₹68.81, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Announcement • Jan 19
Inspirisys Solutions Limited to Report Q3, 2026 Results on Feb 06, 2026 Inspirisys Solutions Limited announced that they will report Q3, 2026 results on Feb 06, 2026 Reported Earnings • Nov 08
Second quarter 2026 earnings released: EPS: ₹1.86 (vs ₹0.95 in 2Q 2025) Second quarter 2026 results: EPS: ₹1.86 (up from ₹0.95 in 2Q 2025). Revenue: ₹1.22b (up 45% from 2Q 2025). Net income: ₹73.4m (up 95% from 2Q 2025). Profit margin: 6.0% (up from 4.5% in 2Q 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 30% per year, which means it is significantly lagging earnings growth. Announcement • Oct 24
Inspirisys Solutions Limited to Report Q2, 2026 Results on Nov 07, 2025 Inspirisys Solutions Limited announced that they will report Q2, 2026 results on Nov 07, 2025 Reported Earnings • Aug 09
First quarter 2026 earnings released: EPS: ₹1.52 (vs ₹0.63 in 1Q 2025) First quarter 2026 results: EPS: ₹1.52 (up from ₹0.63 in 1Q 2025). Revenue: ₹865.5m (down 17% from 1Q 2025). Net income: ₹60.4m (up 143% from 1Q 2025). Profit margin: 7.0% (up from 2.4% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Announcement • Jul 25
Inspirisys Solutions Limited to Report Q1, 2026 Results on Aug 08, 2025 Inspirisys Solutions Limited announced that they will report Q1, 2026 results on Aug 08, 2025 Valuation Update With 7 Day Price Move • May 16
Investor sentiment improves as stock rises 38% After last week's 38% share price gain to ₹106, the stock trades at a trailing P/E ratio of 15.9x. Average trailing P/E is 28x in the IT industry in India. Total returns to shareholders of 81% over the past three years. New Risk • May 12
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 9.8% 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 Share price has been volatile over the past 3 months (9.8% average weekly change). Market cap is less than US$100m (₹3.67b market cap, or US$43.2m). Announcement • May 12
Inspirisys Solutions Limited, Annual General Meeting, Jun 27, 2025 Inspirisys Solutions Limited, Annual General Meeting, Jun 27, 2025, at 14:00 Indian Standard Time. Reported Earnings • May 12
Full year 2025 earnings released: EPS: ₹6.67 (vs ₹3.90 in FY 2024) Full year 2025 results: EPS: ₹6.67 (up from ₹3.90 in FY 2024). Revenue: ₹3.98b (down 19% from FY 2024). Net income: ₹264.3m (up 71% from FY 2024). Profit margin: 6.6% (up from 3.2% 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 101% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Announcement • Apr 25
Inspirisys Solutions Limited to Report Q4, 2025 Results on May 09, 2025 Inspirisys Solutions Limited announced that they will report Q4, 2025 results on May 09, 2025 Reported Earnings • Feb 09
Third quarter 2025 earnings released: EPS: ₹3.22 (vs ₹0.91 in 3Q 2024) Third quarter 2025 results: EPS: ₹3.22 (up from ₹0.91 in 3Q 2024). Revenue: ₹802.1m (down 34% from 3Q 2024). Net income: ₹127.8m (up 256% from 3Q 2024). Profit margin: 16% (up from 3.0% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • Jan 23
Inspirisys Solutions Limited to Report Q3, 2025 Results on Feb 07, 2025 Inspirisys Solutions Limited announced that they will report Q3, 2025 results on Feb 07, 2025 Announcement • Dec 20
Inspirisys Solutions Limited Appoints Satoshi Iwanaga as Non-Executive (Non-Independent) Director Inspirisys Solutions Limited announced that Board of Directors through postal ballot, approved Appointment of Mr. Satoshi Iwanaga, (DIN: 10817792) as Non-Executive (Non- Independent) Director of the Company. Reported Earnings • Nov 09
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: ₹863.1m (down 53% from 2Q 2024). Net income: ₹37.7m (down 34% from 2Q 2024). Profit margin: 4.4% (up from 3.1% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Announcement • Nov 08
Inspirisys Solutions Limited Announces Resignation of Koji Iketani as Chairman of the Board, Effective December 31, 2024 Inspirisys Solutions Limited at its BOD meeting noted and accepted the resignation of Mr. Koji Iketani, Chairman of the Board in the capacity of Non-Executive, Non-Independent Director of the Company with effect from December 31, 2024 . Announcement • Oct 25
Inspirisys Solutions Limited to Report Q2, 2025 Results on Nov 08, 2024 Inspirisys Solutions Limited announced that they will report Q2, 2025 results on Nov 08, 2024 Announcement • Sep 20
Inspirisys Solutions Limited Appoints Mrs. Cauvery Dharmaraj as Independent Director Inspirisys Solutions Limited announced that through postal ballot, the company announced that appointment of Mrs. Cauvery Dharmaraj, as an Independent Director of the Company. Announcement • Aug 09
Inspirisys Solutions Limited Announces Striking Off of Subsidiary and Closure of Branch Inspirisys Solutions Limited at its board meeting held on August 8, 2024 approved the initiation of voluntary striking-off of the Company's wholly owned subsidiary Inspirisys Solutions IT Resources Limited based in India. The said subsidiary company is not a material subsidiary of the Company. The procedural formalities relating to the voluntary striking off of the said subsidiary will be done in due course of time and as per the requirements under the applicable laws. lnspirisys Solutions IT Resources Limited, which is a wholly owned subsidiary of the Company, has not carried on any business or operations since financial year 2018-19 and there are no new opportunities anticipated in the near future. The Company has branch office in Singapore at 20, Collyer Quay, # 23-00, 20 Collyer Quay, Singapore (049319) (Singapore Branch Office). The Board also approved closure of the lnspirisys Solutions Limited Singapore Branch of the Company. The said foreign branch office has not been engaged in any significant business activities, and it is deemed in the best interest of the Company to close the Singapore Branch Office of the Company. The procedural formalities relating to the closure of the said branch office will be done in due course of time and as per the requirements under the applicable laws. Reasons for closure: Not engaged in any significant business activities, and it is deemed in the best interest of the Company to close the Singapore branch office of the Company. Announcement • Aug 08
Inspirisys Solutions Limited Announces Board Changes Inspirisys Solutions Limited at its board meeting held on August 8, 2024 noted that Mrs. Ruchi Naithani (DIN: 00531608), Independent Director of the Company will be completing her term as an Independent Director and consequently will cease to be a Director of the Company with effect from 10th September 2024. The company also took note of resignation of Mr. Srinivas Bhaskara, President (Product Engineering Division) as a senior management personnel, of the Company effective from close of business hours on 26th October, 2024 due to personal reasons. Buy Or Sell Opportunity • Jul 31
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 51% to ₹184. The fair value is estimated to be ₹148, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.8% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Jul 29
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹167, the stock trades at a trailing P/E ratio of 42.8x. Average trailing P/E is 41x in the IT industry in India. Total returns to shareholders of 144% over the past three years. Announcement • Jul 25
Inspirisys Solutions Limited to Report Q1, 2025 Results on Aug 08, 2024 Inspirisys Solutions Limited announced that they will report Q1, 2025 results on Aug 08, 2024 Valuation Update With 7 Day Price Move • Jul 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹141, the stock trades at a trailing P/E ratio of 36.1x. Average trailing P/E is 38x in the IT industry in India. Total returns to shareholders of 108% over the past three years. Buy Or Sell Opportunity • Jul 02
Now 21% undervalued Over the last 90 days, the stock has risen 1.9% to ₹113. The fair value is estimated to be ₹143, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.8% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Jun 27
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹112, the stock trades at a trailing P/E ratio of 28.7x. Average trailing P/E is 36x in the IT industry in India. Total returns to shareholders of 104% over the past three years. New Risk • May 28
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.9x net interest cover). Shares are highly illiquid. Minor Risk Market cap is less than US$100m (₹3.92b market cap, or US$47.2m). Reported Earnings • May 12
Full year 2024 earnings released: EPS: ₹3.92 (vs ₹0.64 loss in FY 2023) Full year 2024 results: EPS: ₹3.92 (up from ₹0.64 loss in FY 2023). Revenue: ₹4.94b (up 27% from FY 2023). Net income: ₹154.6m (up ₹180.0m from FY 2023). Profit margin: 3.1% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth. Announcement • Apr 23
Inspirisys Solutions Limited to Report Q4, 2024 Results on May 10, 2024 Inspirisys Solutions Limited announced that they will report Q4, 2024 results on May 10, 2024 Reported Earnings • Feb 09
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: ₹1.22b (up 33% from 3Q 2023). Net income: ₹35.9m (up 413% from 3Q 2023). Profit margin: 2.9% (up from 0.8% in 3Q 2023). Announcement • Jan 25
Inspirisys Solutions Limited to Report Q3, 2024 Results on Feb 08, 2024 Inspirisys Solutions Limited announced that they will report Q3, 2024 results on Feb 08, 2024 New Risk • Nov 28
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 7.3% 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 Interest payments are not well covered by earnings (2.1x net interest cover). Negative equity (-₹87m). Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Market cap is less than US$100m (₹3.13b market cap, or US$37.6m). Reported Earnings • Nov 08
Second quarter 2024 earnings released: EPS: ₹1.43 (vs ₹0.29 loss in 2Q 2023) Second quarter 2024 results: EPS: ₹1.43 (up from ₹0.29 loss in 2Q 2023). Revenue: ₹1.85b (up 78% from 2Q 2023). Net income: ₹57.1m (up ₹68.7m from 2Q 2023). Profit margin: 3.1% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 26
Inspirisys Solutions Limited to Report Q2, 2024 Results on Nov 07, 2023 Inspirisys Solutions Limited announced that they will report Q2, 2024 results on Nov 07, 2023 New Risk • Aug 09
New major risk - Revenue and earnings growth Earnings have declined by 50% 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 Negative equity (-₹84m). Earnings have declined by 50% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₹3.17b market cap, or US$38.3m). Reported Earnings • Aug 09
First quarter 2024 earnings released: ₹0.80 loss per share (vs ₹0.67 loss in 1Q 2023) First quarter 2024 results: ₹0.80 loss per share (further deteriorated from ₹0.67 loss in 1Q 2023). Revenue: ₹914.1m (up 2.5% from 1Q 2023). Net loss: ₹31.8m (loss widened 21% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 44% per year, which means it is well ahead of earnings. Announcement • Jul 26
Inspirisys Solutions Limited to Report Q1, 2024 Results on Aug 08, 2023 Inspirisys Solutions Limited announced that they will report Q1, 2024 results on Aug 08, 2023 Announcement • Jun 09
Inspirisys Solutions Limited, Annual General Meeting, Jun 30, 2023 Inspirisys Solutions Limited, Annual General Meeting, Jun 30, 2023, at 14:00 Indian Standard Time. Agenda: To receive, consider and adopt the Standalone and Consolidated Audited Financial Statements of the Company for the financial year ended 31st March, 2023 together with the Reports of the Board of Directors and Auditors thereon; and to appoint a Director in place of Mr. Murali Gopalakrishnan, who retires by rotation and, being eligible, offers himself for re-appointment. Reported Earnings • May 12
Full year 2023 earnings released: ₹0.64 loss per share (vs ₹3.37 loss in FY 2022) Full year 2023 results: ₹0.64 loss per share (improved from ₹3.37 loss in FY 2022). Revenue: ₹3.95b (up 16% from FY 2022). Net loss: ₹25.4m (loss narrowed 81% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 40% per year, which means it is well ahead of earnings. Reported Earnings • Feb 09
Third quarter 2023 earnings released: EPS: ₹0.18 (vs ₹2.96 loss in 3Q 2022) Third quarter 2023 results: EPS: ₹0.18 (up from ₹2.96 loss in 3Q 2022). Revenue: ₹923.7m (up 23% from 3Q 2022). Net income: ₹7.00m (up ₹124.2m from 3Q 2022). Profit margin: 0.8% (up from net loss in 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. Announcement • Jan 20
Inspirisys Solutions Limited to Report Q3, 2023 Results on Feb 07, 2023 Inspirisys Solutions Limited announced that they will report Q3, 2023 results on Feb 07, 2023 Reported Earnings • Nov 08
Second quarter 2023 earnings released: ₹0.29 loss per share (vs ₹1.01 loss in 2Q 2022) Second quarter 2023 results: ₹0.29 loss per share (improved from ₹1.01 loss in 2Q 2022). Revenue: ₹1.05b (up 25% from 2Q 2022). Net loss: ₹11.6m (loss narrowed 71% from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 102 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 09
First quarter 2023 earnings released: ₹0.67 loss per share (vs ₹0.77 loss in 1Q 2022) First quarter 2023 results: ₹0.67 loss per share (up from ₹0.77 loss in 1Q 2022). Revenue: ₹902.9m (down 9.3% from 1Q 2022). Net loss: ₹26.4m (loss narrowed 14% from 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 118 percentage points per year, which is a significant difference in performance. Reported Earnings • Jun 09
Full year 2022 earnings released: ₹3.37 loss per share (vs ₹0.72 loss in FY 2021) Full year 2022 results: ₹3.37 loss per share (down from ₹0.72 loss in FY 2021). Revenue: ₹3.42b (down 15% from FY 2021). Net loss: ₹133.4m (loss widened 366% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 117 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 11
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: ₹2.96 loss per share (down from ₹0.14 profit in 3Q 2021). Revenue: ₹762.2m (down 42% from 3Q 2021). Net loss: ₹117.2m (down ₹122.8m from profit 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 133 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 10
First quarter 2022 earnings released: ₹0.77 loss per share (vs ₹0.68 loss in 1Q 2021) The company reported a solid first quarter result with improved revenues and control over costs, although losses increased. First quarter 2022 results: Revenue: ₹1.01b (up 33% from 1Q 2021). Net loss: ₹30.7m (loss widened 14% from 1Q 2021). Reported Earnings • May 12
Full year 2021 earnings released: ₹0.72 loss per share (vs ₹0.63 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: ₹4.09b (down 11% from FY 2020). Net loss: ₹28.6m (down 219% from profit in FY 2020). Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Mar 05
New 90-day high: ₹42.50 The company is up 45% from its price of ₹29.25 on 04 December 2020. The Indian market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 17% over the same period. Reported Earnings • Feb 11
Third quarter 2021 earnings released: EPS ₹0.14 (vs ₹0.27 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹1.32b (up 29% from 3Q 2020). Net income: ₹5.60m (up ₹15.9m from 3Q 2020). Profit margin: 0.4% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 129% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Jan 15
New 90-day high: ₹40.05 The company is up 48% from its price of ₹27.10 on 16 October 2020. The Indian market is up 26% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 26% over the same period. Is New 90 Day High Low • Dec 30
New 90-day high: ₹35.00 The company is up 21% from its price of ₹28.85 on 01 October 2020. The Indian market is also up 21% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the IT industry, which is up 20% over the same period. Is New 90 Day High Low • Dec 15
New 90-day high: ₹32.15 The company is up 2.0% from its price of ₹31.50 on 15 September 2020. The Indian market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 14% over the same period. Reported Earnings • Nov 15
Second quarter 2021 earnings released: ₹0.60 loss per share The company reported a soft second quarter result with increased losses and weaker control over expenses, although revenues were improved. Second quarter 2021 results: Revenue: ₹1.04b (up 1.5% from 2Q 2020). Net loss: ₹23.8m (loss widened 358% from 2Q 2020). Is New 90 Day High Low • Nov 03
New 90-day low: ₹26.55 The company is down 2.0% from its price of ₹27.00 on 05 August 2020. The Indian market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 16% over the same period.