Reported Earnings • May 05
Full year 2026 earnings released: EPS: ₹14.48 (vs ₹14.47 in FY 2025) Full year 2026 results: EPS: ₹14.48 (up from ₹14.47 in FY 2025). Revenue: ₹1.64b (up 19% from FY 2025). Net income: ₹343.3m (flat on FY 2025). Profit margin: 21% (down from 25% 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 6% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. New Risk • Apr 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 8.7% 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 Dividend is not well covered by cash flows (102% cash payout ratio). Share price has been volatile over the past 3 months (8.7% average weekly change). Market cap is less than US$100m (₹8.00b market cap, or US$83.9m). Announcement • Apr 10
Ksolves India Limited to Report Q4, 2026 Results on Apr 30, 2026 Ksolves India Limited announced that they will report Q4, 2026 results on Apr 30, 2026 Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹289, the stock trades at a trailing P/E ratio of 22.4x. Average trailing P/E is 21x in the IT industry in India. Total returns to shareholders of 21% over the past three years. Valuation Update With 7 Day Price Move • Feb 11
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹316, the stock trades at a trailing P/E ratio of 24.6x. Average trailing P/E is 24x in the IT industry in India. Total returns to shareholders of 66% over the past three years. Reported Earnings • Jan 21
Third quarter 2026 earnings released: EPS: ₹4.13 (vs ₹4.35 in 3Q 2025) Third quarter 2026 results: EPS: ₹4.13 (down from ₹4.35 in 3Q 2025). Revenue: ₹424.7m (up 13% from 3Q 2025). Net income: ₹98.0m (down 5.0% from 3Q 2025). Profit margin: 23% (down from 27% 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 9% per year and the company’s share price has also increased by 9% per year. Announcement • Jan 20
Ksolves India Limited Declares Third Interim Dividend for the Financial Year 2025-26 Ksolves India Limited declared third interim dividend of INR 5 per share for the financial year 2025-26. With this, the cumulative dividend for Fiscal Year 2026 stands at INR 11 per share. The Dividend shall be paid within the statutory time limit to the equity shareholders of the Company, whose names would appear on the Register of Members of the Company as on the Record date fixed January 27, 2026. Announcement • Jan 05
Ksolves India Limited to Report Q3, 2026 Results on Jan 20, 2026 Ksolves India Limited announced that they will report Q3, 2026 results on Jan 20, 2026 Announcement • Oct 17
Ksolves India Limited Declares Second Interim Dividend Ksolves India Limited's board has declared the second interim dividend of INR 5 per share. Declared Dividend • Oct 17
Dividend of ₹5.00 announced Shareholders will receive a dividend of ₹5.00. Ex-date: 23rd October 2025 Payment date: 14th November 2025 Dividend yield will be 4.2%, which is higher than the industry average of 1.7%. Sustainability & Growth Dividend is not covered by earnings (103% earnings payout ratio) nor is it covered by cash flows (116% cash payout ratio). The dividend has increased by an average of 58% per year over the past 5 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 15% to bring the payout ratio under control, which is less than the 28% EPS growth achieved over the last 5 years. Reported Earnings • Oct 16
Second quarter 2026 earnings released: EPS: ₹3.55 (vs ₹3.88 in 2Q 2025) Second quarter 2026 results: EPS: ₹3.55 (down from ₹3.88 in 2Q 2025). Revenue: ₹398.1m (up 14% from 2Q 2025). Net income: ₹84.1m (down 8.5% from 2Q 2025). Profit margin: 21% (down from 26% 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 15% per year whereas the company’s share price has increased by 12% per year. Announcement • Oct 08
Ksolves India Limited to Report Q2, 2026 Results on Oct 15, 2025 Ksolves India Limited announced that they will report Q2, 2026 results on Oct 15, 2025 Announcement • Sep 05
Ksolves India Limited, Annual General Meeting, Sep 27, 2025 Ksolves India Limited, Annual General Meeting, Sep 27, 2025. Board Change • Sep 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Independent Non-Executive Director Vineet Krishna was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 20
First quarter 2026 earnings released: EPS: ₹2.71 (vs ₹3.78 in 1Q 2025) First quarter 2026 results: EPS: ₹2.71 (down from ₹3.78 in 1Q 2025). Revenue: ₹377.6m (up 20% from 1Q 2025). Net income: ₹64.3m (down 28% from 1Q 2025). Profit margin: 17% (down from 28% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 26% per year. Announcement • Jul 11
Ksolves India Limited to Report Q1, 2026 Results on Jul 20, 2025 Ksolves India Limited announced that they will report Q1, 2026 results at 12:08 PM, Indian Standard Time on Jul 20, 2025 Valuation Update With 7 Day Price Move • May 10
Investor sentiment deteriorates as stock falls 28% After last week's 28% share price decline to ₹334, the stock trades at a trailing P/E ratio of 23.1x. Average trailing P/E is 26x in the IT industry in India. Total returns to shareholders of 115% over the past three years. New Risk • May 07
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹7.98b (US$94.2m) 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 Risks Share price has been highly volatile over the past 3 months (11% average weekly change). High level of non-cash earnings (42% accrual ratio). Minor Risks Dividend is not well covered by cash flows (90% cash payout ratio). Market cap is less than US$100m (₹7.98b market cap, or US$94.2m). Reported Earnings • May 04
Full year 2025 earnings released: EPS: ₹14.47 (vs ₹14.40 in FY 2024) Full year 2025 results: EPS: ₹14.47 (up from ₹14.40 in FY 2024). Revenue: ₹1.38b (up 27% from FY 2024). Net income: ₹343.2m (flat on FY 2024). Profit margin: 25% (down from 31% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth. New Risk • May 03
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 10% 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 (10% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Announcement • Apr 11
Ksolves India Limited to Report Q4, 2025 Results on May 03, 2025 Ksolves India Limited announced that they will report Q4, 2025 results at 12:08 PM, Indian Standard Time on May 03, 2025 Announcement • Mar 22
Ksolves India Limited Declares 3rd Interim Dividend for the Financial Year 2024- 25 Ksolves India Limited at its board meeting held on March 19, 2025 declared 3rd interim dividend of INR 7.50/- per share for the financial year 2024- 25 on its fully paid-up Equity share Capital of the Company. The Dividend shall be paid within the statutory time limit to the equity shareholders of the Company, whose names would appear on the Register of Members of the Company as on the Record date fixed i.e. March 25, 2025. Declared Dividend • Mar 21
Dividend of ₹7.50 announced Shareholders will receive a dividend of ₹7.50. Ex-date: 25th March 2025 Payment date: 18th April 2025 Dividend yield will be 5.2%, which is higher than the industry average of 1.7%. Sustainability & Growth Dividend is covered by both earnings (66% earnings payout ratio) and cash flows (67% cash payout ratio). The dividend has increased by an average of 70% per year over the past 4 years. However, payments have been volatile during that time. Earnings per share has grown by 52% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. New Risk • Mar 19
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 8.1% 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 (8.1% average weekly change). Valuation Update With 7 Day Price Move • Mar 17
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹325, the stock trades at a trailing P/E ratio of 20.4x. Average trailing P/E is 25x in the IT industry in India. Total returns to shareholders of 107% over the past three years. New Risk • Mar 12
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹8.50b (US$97.4m) 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: 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 (₹8.50b market cap, or US$97.4m). Reported Earnings • Jan 21
Third quarter 2025 earnings released: EPS: ₹8.70 (vs ₹7.54 in 3Q 2024) Third quarter 2025 results: EPS: ₹8.70 (up from ₹7.54 in 3Q 2024). Revenue: ₹377.0m (up 33% from 3Q 2024). Net income: ₹103.2m (up 16% from 3Q 2024). Profit margin: 27% (down from 31% 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 32% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Jan 20
Now 22% overvalued Over the last 90 days, the stock has fallen 1.3% to ₹1,001. The fair value is estimated to be ₹821, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 39% over the last 3 years. Earnings per share has grown by 33%. Announcement • Jan 03
Ksolves India Limited to Report Q3, 2025 Results on Jan 19, 2025 Ksolves India Limited announced that they will report Q3, 2025 results at 12:08 PM, Indian Standard Time on Jan 19, 2025 Buy Or Sell Opportunity • Jan 02
Now 22% overvalued Over the last 90 days, the stock has fallen 1.9% to ₹998. The fair value is estimated to be ₹818, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 39% over the last 3 years. Earnings per share has grown by 33%. Buy Or Sell Opportunity • Dec 12
Now 25% overvalued Over the last 90 days, the stock has fallen 1.3% to ₹1,013. The fair value is estimated to be ₹810, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 39% over the last 3 years. Earnings per share has grown by 33%. Buy Or Sell Opportunity • Nov 27
Now 22% overvalued Over the last 90 days, the stock has fallen 3.7% to ₹1,009. The fair value is estimated to be ₹830, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 39% over the last 3 years. Earnings per share has grown by 33%. Declared Dividend • Oct 21
Second quarter dividend of ₹8.00 announced Shareholders will receive a dividend of ₹8.00. Ex-date: 28th October 2024 Payment date: 17th November 2024 Dividend yield will be 2.8%, which is higher than the industry average of 1.7%. Sustainability & Growth Dividend is covered by both earnings (41% earnings payout ratio) and cash flows (62% cash payout ratio). The dividend has increased by an average of 67% per year over the past 4 years. However, payments have been volatile during that time. Earnings per share has grown by 51% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Oct 19
Second quarter 2025 earnings released: EPS: ₹7.75 (vs ₹6.94 in 2Q 2024) Second quarter 2025 results: EPS: ₹7.75 (up from ₹6.94 in 2Q 2024). Revenue: ₹349.3m (up 34% from 2Q 2024). Net income: ₹91.9m (up 12% from 2Q 2024). Profit margin: 26% (down from 32% 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 33% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 18
Ksolves India Limited Declares Second Interim Dividend for the Fiscal Year 2024-25 Ksolves India Limited announced that at the board meeting held on October 18, 2024 declared second interim dividend of INR 8 per share for the fiscal year 2024-25 with record date October 28, 2024. Announcement • Oct 03
Ksolves India Limited to Report First Half, 2025 Results on Oct 18, 2024 Ksolves India Limited announced that they will report first half, 2025 results on Oct 18, 2024 Announcement • Aug 22
Ksolves India Limited, Annual General Meeting, Sep 14, 2024 Ksolves India Limited, Annual General Meeting, Sep 14, 2024. Reported Earnings • Jul 21
First quarter 2025 earnings released: EPS: ₹7.55 (vs ₹6.40 in 1Q 2024) First quarter 2025 results: EPS: ₹7.55 (up from ₹6.40 in 1Q 2024). Revenue: ₹316.7m (up 33% from 1Q 2024). Net income: ₹89.5m (up 18% from 1Q 2024). Profit margin: 28% (down from 32% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has increased by 65% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 09
Ksolves India Limited to Report Q1, 2025 Results on Jul 19, 2024 Ksolves India Limited announced that they will report Q1, 2025 results on Jul 19, 2024 Reported Earnings • May 03
Full year 2024 earnings released: EPS: ₹28.81 (vs ₹20.85 in FY 2023) Full year 2024 results: EPS: ₹28.81 (up from ₹20.85 in FY 2023). Revenue: ₹1.09b (up 39% from FY 2023). Net income: ₹341.5m (up 38% from FY 2023). Profit margin: 31% (in line with FY 2023). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has increased by 112% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 01
Ksolves India Limited to Report Q4, 2024 Results on May 02, 2024 Ksolves India Limited announced that they will report Q4, 2024 results on May 02, 2024 Announcement • Mar 13
Ksolves India Limited Declares Third Interim Dividend for the Financial Year 2023-24 Ksolves India Limited informed that the Board of Directors of the Company at its meeting held on March 13, 2024, inter-alia considered and declared 3rd interim dividend of INR 5/- per share for the financial year 2023-24 on its fully paid-up Equity share Capital of the Company. The Dividend shall be paid within the statutory time limit to the equity shareholders of the Company, whose names would appear on the Register of Members of the Company as on the Record date fixed i.e. March 21, 2024. Reported Earnings • Jan 19
Third quarter 2024 earnings released: EPS: ₹7.54 (vs ₹5.21 in 3Q 2023) Third quarter 2024 results: EPS: ₹7.54 (up from ₹5.21 in 3Q 2023). Revenue: ₹285.4m (up 39% from 3Q 2023). Net income: ₹89.4m (up 45% from 3Q 2023). Profit margin: 31% (up from 30% 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 40% per year but the company’s share price has increased by 164% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 18
Ksolves India Limited Declares Second Interim Dividend for Financial Year 2023-24 Ksolves India Limited at its board meeting held on January 18, 2024 Declared the second interim dividend of INR 7.50/- per share for financial year 2023-24 on its fully paid-up Equity Share Capital of the Company to be paid to the eligible shareholders, holding shares of the company as on the record date i.e. January 26, 2024. Announcement • Dec 20
Ksolves India Limited to Report Q3, 2024 Results on Jan 18, 2024 Ksolves India Limited announced that they will report Q3, 2024 results on Jan 18, 2024 Upcoming Dividend • Oct 19
Upcoming dividend of ₹7.00 per share at 1.2% yield Eligible shareholders must have bought the stock before 26 October 2023. Payment date: 14 November 2023. Payout ratio is a comfortable 73% and the cash payout ratio is 84%. Trailing yield: 1.2%. Lower than top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (1.9%). Reported Earnings • Oct 18
Second quarter 2024 earnings released: EPS: ₹6.94 (vs ₹4.99 in 2Q 2023) Second quarter 2024 results: EPS: ₹6.94 (up from ₹4.99 in 2Q 2023). Revenue: ₹260.8m (up 41% from 2Q 2023). Net income: ₹82.3m (up 39% from 2Q 2023). Profit margin: 32% (in line with 2Q 2023). Announcement • Oct 16
Ksolves India Limited Recommends First Interim Dividend for Financial Year 2023-24 Ksolves India Limited announced that the board of directors at its meeting held on October 15, 2023, recommended the first interim dividend of INR 7 per share for financial year 2023-24 on its fully paid-up equity share capital of the company to be paid to the eligible shareholders, holding shares of the company as on the record date i.e. October 26, 2023. Announcement • Sep 14
Ksolves India Limited to Report Q2, 2024 Results on Oct 15, 2023 Ksolves India Limited announced that they will report Q2, 2024 results on Oct 15, 2023 Valuation Update With 7 Day Price Move • Aug 17
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹1,338, the stock trades at a trailing P/E ratio of 58.7x. Average trailing P/E is 35x in the IT industry in India. Total returns to shareholders of 8,648% over the past three years. Announcement • Jul 24
Ksolves India Limited Approves Final Dividend for the Financial Year 2022-23 Ksolves India Limited announced that at the AGM was held on July 23, 2023, the company approved the declaration of a final dividend of INR 8 per share to the equity shareholders of the company for the financial year 2022-23. Reported Earnings • Jul 16
First quarter 2024 earnings released: EPS: ₹6.40 (vs ₹4.35 in 1Q 2023) First quarter 2024 results: EPS: ₹6.40 (up from ₹4.35 in 1Q 2023). Revenue: ₹238.6m (up 45% from 1Q 2023). Net income: ₹75.9m (up 47% from 1Q 2023). Profit margin: 32% (in line with 1Q 2023). Valuation Update With 7 Day Price Move • Jul 11
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹1,072, the stock trades at a trailing P/E ratio of 51.4x. Average trailing P/E is 32x in the IT industry in India. Total returns to shareholders of 8,917% over the past three years. Upcoming Dividend • Jul 07
Upcoming dividend of ₹8.00 per share at 2.6% yield Eligible shareholders must have bought the stock before 14 July 2023. Payment date: 22 August 2023. The company is paying out more than 100% of its profits and is paying out 93% of its cash flow. Trailing yield: 2.6%. Within top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (2.0%). Announcement • Jun 27
Ksolves India Limited to Report Q1, 2024 Results on Jul 15, 2023 Ksolves India Limited announced that they will report Q1, 2024 results on Jul 15, 2023 Announcement • Jun 26
Ksolves India Limited, Annual General Meeting, Jul 23, 2023 Ksolves India Limited, Annual General Meeting, Jul 23, 2023, at 11:00 Indian Standard Time. Agenda: To consider Annual Report for the Financial Year 2022-23, including the board report and annexures thereto; to consider Amendments to the Insider Trading Policy of the company; and to consider other business matter. Announcement • Jun 25
Ksolves India Limited Approves Final Dividend for the Financial Year Ended March 31, 2023 Ksolves India Limited approved already declared final dividend of INR 8 per equity share shall be paid to those shareholders whose name shall appear in the register of members of the company as on the record date fixed i.e. Friday, July 14, 2023, for the purpose of the final dividend for the financial year ended March 31, 2023. The said final dividend shall be paid subject to the approval of shareholders in the ensuing annual general meeting. The said final dividend shall be paid within 30 days from the date of the 9th AGM. Announcement • Jun 10
Ksolves India Limited to Report Fiscal Year 2023 Results on Jun 24, 2023 Ksolves India Limited announced that they will report fiscal year 2023 results on Jun 24, 2023 Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹904, the stock trades at a trailing P/E ratio of 43.4x. Average trailing P/E is 30x in the IT industry in India. Total returns to shareholders of 175% over the past year. Valuation Update With 7 Day Price Move • May 17
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹798, the stock trades at a trailing P/E ratio of 38.3x. Average trailing P/E is 28x in the IT industry in India. Total returns to shareholders of 135% over the past year. Reported Earnings • Apr 28
Full year 2023 earnings released: EPS: ₹20.85 (vs ₹13.27 in FY 2022) Full year 2023 results: EPS: ₹20.85 (up from ₹13.27 in FY 2022). Revenue: ₹789.4m (up 68% from FY 2022). Net income: ₹247.2m (up 57% from FY 2022). Profit margin: 31% (down from 33% in FY 2022). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹592, the stock trades at a trailing P/E ratio of 32.4x. Average trailing P/E is 25x in the IT industry in India. Total returns to shareholders of 78% over the past year. Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹525, the stock trades at a trailing P/E ratio of 28.8x. Average trailing P/E is 24x in the IT industry in India. Total returns to shareholders of 45% over the past year. Upcoming Dividend • Feb 25
Upcoming dividend of ₹3.00 per share at 2.9% yield Eligible shareholders must have bought the stock before 04 March 2023. Payment date: 24 March 2023. Payout ratio is a comfortable 69% and the cash payout ratio is 78%. Trailing yield: 2.9%. Within top quartile of Indian dividend payers (1.7%). Higher than average of industry peers (1.9%). Reported Earnings • Jan 18
Third quarter 2023 earnings released: EPS: ₹5.21 (vs ₹3.31 in 3Q 2022) Third quarter 2023 results: EPS: ₹5.21 (up from ₹3.31 in 3Q 2022). Revenue: ₹207.5m (up 70% from 3Q 2022). Net income: ₹61.8m (up 57% from 3Q 2022). Profit margin: 30% (down from 32% in 3Q 2022). The decrease in margin was driven by higher expenses. Announcement • Dec 03
Ksolves India Limited to Report Q3, 2023 Results on Jan 15, 2023 Ksolves India Limited announced that they will report Q3, 2023 results on Jan 15, 2023 Board Change • Nov 16
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Founder, Chairman, CEO & MD Ratan Srivastava is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Recent Insider Transactions • Oct 29
Board Member recently sold ₹1.8m worth of stock On the 24th of October, Sushma Samarth sold around 4k shares on-market at roughly ₹440 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹102m. Insiders have been net sellers, collectively disposing of ₹177m more than they bought in the last 12 months. Upcoming Dividend • Oct 23
Upcoming dividend of ₹4.50 per share Eligible shareholders must have bought the stock before 27 October 2022. Payment date: 15 November 2022. Payout ratio is on the higher end at 96%, and the cash payout ratio is above 100%. Trailing yield: 2.8%. Within top quartile of Indian dividend payers (1.6%). Higher than average of industry peers (1.9%). Upcoming Dividend • Oct 21
Upcoming dividend of ₹4.50 per share Eligible shareholders must have bought the stock before 25 October 2022. Payment date: 15 November 2022. Payout ratio is on the higher end at 96%, and the cash payout ratio is above 100%. Trailing yield: 2.7%. Within top quartile of Indian dividend payers (1.6%). Higher than average of industry peers (1.9%). Reported Earnings • Oct 18
Second quarter 2023 earnings released: EPS: ₹4.99 (vs ₹2.79 in 2Q 2022) Second quarter 2023 results: EPS: ₹4.99 (up from ₹2.79 in 2Q 2022). Revenue: ₹185.6m (up 73% from 2Q 2022). Net income: ₹59.2m (up 79% from 2Q 2022). Profit margin: 32% (up from 31% in 2Q 2022). The increase in margin was driven by higher revenue. Recent Insider Transactions • Sep 21
Whole-Time Director recently sold ₹102m worth of stock On the 19th of September, Deepali Verma sold around 250k shares on-market at roughly ₹409 per share. This transaction amounted to 7.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹175m more than they bought in the last 12 months. Recent Insider Transactions • Sep 03
Whole-Time Director recently sold ₹42m worth of stock On the 30th of August, Deepali Verma sold around 92k shares on-market at roughly ₹455 per share. This transaction amounted to 2.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹103m more than they bought in the last 12 months. Board Change • Sep 02
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. No experienced directors. No highly experienced directors. Founder, Chairman, CEO & MD Ratan Srivastava is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Valuation Update With 7 Day Price Move • Aug 18
Investor sentiment improved over the past week After last week's 17% share price gain to ₹448, the stock trades at a trailing P/E ratio of 31.7x. Average trailing P/E is 25x in the IT industry in India. Total returns to shareholders of 45% over the past year. Reported Earnings • Jul 13
First quarter 2023 earnings released: EPS: ₹4.35 (vs ₹3.46 in 1Q 2022) First quarter 2023 results: EPS: ₹4.35 (up from ₹3.46 in 1Q 2022). Revenue: ₹166.2m (up 67% from 1Q 2022). Net income: ₹51.5m (up 26% from 1Q 2022). Profit margin: 31% (down from 41% in 1Q 2022). The decrease in margin was driven by higher expenses. Reported Earnings • May 17
Full year 2022 earnings released: EPS: ₹13.27 (vs ₹8.14 in FY 2021) Full year 2022 results: EPS: ₹13.27 (up from ₹8.14 in FY 2021). Revenue: ₹483.3m (up 71% from FY 2021). Net income: ₹157.3m (up 76% from FY 2021). Profit margin: 33% (in line with FY 2021). Board Change • Apr 27
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Founder, Chairman, CEO & MD Ratan Srivastava is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment improved over the past week After last week's 17% share price gain to ₹395, the stock trades at a trailing P/E ratio of 32.8x. Average trailing P/E is 32x in the IT industry in India. Total returns to shareholders of 352% over the past year. Board Change • Mar 31
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Founder, Chairman, CEO & MD Ratan Srivastava is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Jan 27
Upcoming dividend of ₹3.25 per share Eligible shareholders must have bought the stock before 03 February 2022. Payment date: 22 February 2022. Payout ratio is a comfortable 73% and this is well supported by cash flows. Trailing yield: 1.8%. Within top quartile of Indian dividend payers (1.4%). Higher than average of industry peers (1.3%). Reported Earnings • Jan 25
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹3.31 (up from ₹2.47 in 3Q 2021). Revenue: ₹126.1m (up 57% from 3Q 2021). Net income: ₹39.3m (up 34% from 3Q 2021). Profit margin: 31% (down from 36% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Valuation Update With 7 Day Price Move • Dec 10
Investor sentiment improved over the past week After last week's 15% share price gain to ₹361, the stock trades at a trailing P/E ratio of 32.4x. Average trailing P/E is 30x in the IT industry in India. Total returns to shareholders of 613% over the past year. Upcoming Dividend • Oct 21
Upcoming dividend of ₹2.50 per share Eligible shareholders must have bought the stock before 28 October 2021. Payment date: 17 November 2021. Trailing yield: 1.8%. Within top quartile of Indian dividend payers (1.4%). Higher than average of industry peers (1.1%). Reported Earnings • Oct 19
Second quarter 2022 earnings released: EPS ₹2.79 (vs ₹2.47 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: ₹107.8m (up 34% from 2Q 2021). Net income: ₹33.1m (up 13% from 2Q 2021). Profit margin: 31% (down from 36% in 2Q 2021). The decrease in margin was driven by higher expenses. Recent Insider Transactions • Sep 16
Whole-Time Director recently sold ₹26m worth of stock On the 8th of September, Deepali Verma sold around 86k shares on-market at roughly ₹302 per share. In the last 3 months, they made an even bigger sale worth ₹47m. Insiders have been net sellers, collectively disposing of ₹134m more than they bought in the last 12 months. Recent Insider Transactions • Sep 13
Whole-Time Director recently sold ₹26m worth of stock On the 8th of September, Deepali Verma sold around 86k shares on-market at roughly ₹302 per share. In the last 3 months, they made an even bigger sale worth ₹47m. Insiders have been net sellers, collectively disposing of ₹134m more than they bought in the last 12 months.