New Risk • Apr 01
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 7.9% 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. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 45% per year over the past 5 years. Market cap is less than US$10m (₹172.3m market cap, or US$1.85m). Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Revenue is less than US$5m (₹109m revenue, or US$1.2m). Reported Earnings • Feb 15
Third quarter 2026 earnings released: EPS: ₹0.02 (vs ₹0.15 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.02 (down from ₹0.15 in 3Q 2025). Revenue: ₹30.6m (down 95% from 3Q 2025). Net income: ₹1.17m (down 85% from 3Q 2025). Profit margin: 3.8% (up from 1.4% in 3Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Feb 09
Vama Industries Limited to Report Q3, 2026 Results on Feb 13, 2026 Vama Industries Limited announced that they will report Q3, 2026 results on Feb 13, 2026 Reported Earnings • Nov 16
Second quarter 2026 earnings released: ₹0.03 loss per share (vs ₹0.02 profit in 2Q 2025) Second quarter 2026 results: ₹0.03 loss per share (down from ₹0.02 profit in 2Q 2025). Revenue: ₹20.2m (down 37% from 2Q 2025). Net loss: ₹1.68m (down 309% from profit in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • Nov 08
Vama Industries Limited to Report Q2, 2026 Results on Nov 14, 2025 Vama Industries Limited announced that they will report Q2, 2026 results on Nov 14, 2025 New Risk • Sep 08
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 8.2% 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 Risks Share price has been highly volatile over the past 3 months (8.2% average weekly change). Earnings have declined by 46% per year over the past 5 years. Market cap is less than US$10m (₹317.9m market cap, or US$3.61m). Announcement • Sep 03
Vama Industries Limited, Annual General Meeting, Sep 29, 2025 Vama Industries Limited, Annual General Meeting, Sep 29, 2025, at 16:00 Indian Standard Time. Reported Earnings • Aug 15
First quarter 2026 earnings released: ₹0.39 loss per share (vs ₹0.05 profit in 1Q 2025) First quarter 2026 results: ₹0.39 loss per share (down from ₹0.05 profit in 1Q 2025). Revenue: ₹15.9m (up 22% from 1Q 2025). Net loss: ₹20.7m (down ₹23.2m from profit in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • Aug 06
Vama Industries Limited to Report Q1, 2026 Results on Aug 14, 2025 Vama Industries Limited announced that they will report Q1, 2026 results at 12:15 PM, Indian Standard Time on Aug 14, 2025 New Risk • Aug 05
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 6.8% 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: Major Risks Earnings have declined by 49% per year over the past 5 years. Market cap is less than US$10m (₹331.0m market cap, or US$3.77m). Minor Risk Share price has been volatile over the past 3 months (6.8% average weekly change). Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹7.68, the stock trades at a trailing P/E ratio of 22.4x. Average trailing P/E is 36x in the Electronic industry in India. Total loss to shareholders of 2.0% over the past three years. Reported Earnings • May 29
Full year 2025 earnings released: EPS: ₹0.34 (vs ₹0.72 loss in FY 2024) Full year 2025 results: EPS: ₹0.34 (up from ₹0.72 loss in FY 2024). Revenue: ₹644.7m (up ₹587.8m from FY 2024). Net income: ₹18.0m (up ₹55.9m from FY 2024). Profit margin: 2.8% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 12% per year. Announcement • May 17
Vama Industries Limited to Report Q4, 2025 Results on May 28, 2025 Vama Industries Limited announced that they will report Q4, 2025 results on May 28, 2025 New Risk • Feb 10
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: Major Risks Earnings have declined by 65% per year over the past 5 years. Market cap is less than US$10m (₹500.2m market cap, or US$5.72m). Minor Risk Share price has been volatile over the past 3 months (8.5% average weekly change). Reported Earnings • Feb 09
Third quarter 2025 earnings released: EPS: ₹0.15 (vs ₹0 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.15 (up from ₹0 in 3Q 2024). Revenue: ₹554.6m (up ₹534.4m from 3Q 2024). Net income: ₹7.99m (up ₹7.98m from 3Q 2024). Profit margin: 1.4% (up from 0.1% in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance. Announcement • Feb 01
Vama Industries Limited to Report Q3, 2025 Results on Feb 08, 2025 Vama Industries Limited announced that they will report Q3, 2025 results at 12:15 PM, Indian Standard Time on Feb 08, 2025 New Risk • Jan 10
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 7.4% 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 Earnings have declined by 68% per year over the past 5 years. Revenue is less than US$1m (₹77m revenue, or US$895k). Market cap is less than US$10m (₹423.5m market cap, or US$4.93m). Minor Risk Share price has been volatile over the past 3 months (7.4% average weekly change). Reported Earnings • Nov 14
Second quarter 2025 earnings released: EPS: ₹0.02 (vs ₹0.18 loss in 2Q 2024) Second quarter 2025 results: EPS: ₹0.02 (up from ₹0.18 loss in 2Q 2024). Revenue: ₹32.5m (up 206% from 2Q 2024). Net income: ₹804.0k (up ₹10.4m from 2Q 2024). Profit margin: 2.5% (up from net loss in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance. Announcement • Nov 05
Vama Industries Limited to Report Q2, 2025 Results on Nov 12, 2024 Vama Industries Limited announced that they will report Q2, 2025 results on Nov 12, 2024 New Risk • Aug 23
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 8.3% 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 Earnings have declined by 68% per year over the past 5 years. Revenue is less than US$1m (₹56m revenue, or US$667k). Market cap is less than US$10m (₹490.7m market cap, or US$5.85m). Minor Risk Share price has been volatile over the past 3 months (8.3% average weekly change). Announcement • Aug 22
Vama Industries Limited, Annual General Meeting, Sep 18, 2024 Vama Industries Limited, Annual General Meeting, Sep 18, 2024. Reported Earnings • Aug 16
First quarter 2025 earnings released: EPS: ₹0.05 (vs ₹0.06 loss in 1Q 2024) First quarter 2025 results: EPS: ₹0.05 (up from ₹0.06 loss in 1Q 2024). Revenue: ₹13.2m (down 8.2% from 1Q 2024). Net income: ₹2.51m (up ₹5.49m from 1Q 2024). Profit margin: 19% (up from net loss in 1Q 2024). 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. Announcement • Aug 09
Vama Industries Limited to Report Q1, 2025 Results on Aug 14, 2024 Vama Industries Limited announced that they will report Q1, 2025 results on Aug 14, 2024 Reported Earnings • Jun 04
Full year 2024 earnings released: ₹0.72 loss per share (vs ₹0.17 loss in FY 2023) Full year 2024 results: ₹0.72 loss per share (further deteriorated from ₹0.17 loss in FY 2023). Revenue: ₹57.4m (down 57% from FY 2023). Net loss: ₹37.8m (loss widened 315% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance. Announcement • May 23
Vama Industries Limited to Report Q4, 2024 Results on May 29, 2024 Vama Industries Limited announced that they will report Q4, 2024 results on May 29, 2024 Announcement • May 11
Vama Industries Limited Appoints Manish Kumar Shukla as Additional Director Vama Industries Limited announced at the board meeting held on May 10, 2024, approved appointment of Mr. Manish Kumar Shukla to the office of Additional Director in the capacity of Independent Director with effect from May 10, 2024. Date of Birth: 22.07.1995 (Age: 28 years). Expertise in Specific Functional areas: Corporate & Business law. Educational Qualification: Company Secretary (ICSI), Law Graduate and M.com - Corporate Governance. Directorships in other Companies including listed companies: 1. Star Health Sciences India Limited 2. Derate Exporters Private Limited 3. Vinwave Med Solutions Private Limited. He possess good knowledge and expertise in Legal & secretarial related areas that would definitely help the Company in compliance function and all connected areas. New Risk • Feb 23
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 8.0% 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 Earnings have declined by 30% per year over the past 5 years. Market cap is less than US$10m (₹336.8m market cap, or US$4.06m). Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Revenue is less than US$5m (₹99m revenue, or US$1.2m). Reported Earnings • Feb 14
Third quarter 2024 earnings released: EPS: ₹0 (vs ₹0.064 loss in 3Q 2023) Third quarter 2024 results: EPS: ₹0 (improved from ₹0.064 loss in 3Q 2023). Revenue: ₹20.3m (down 38% from 3Q 2023). Net income: ₹15.0k (up ₹4.17m from 3Q 2023). Profit margin: 0.1% (up from net loss in 3Q 2023). The move to profitability 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 110 percentage points per year, which is a significant difference in performance. Announcement • Feb 06
Vama Industries Limited to Report Q3, 2024 Results on Feb 13, 2024 Vama Industries Limited announced that they will report Q3, 2024 results on Feb 13, 2024 Announcement • Nov 07
Vama Industries Limited to Report Q2, 2024 Results on Nov 14, 2023 Vama Industries Limited announced that they will report Q2, 2024 results on Nov 14, 2023 Announcement • Sep 26
Vama Industries Limited, Annual General Meeting, Oct 02, 2023 Vama Industries Limited, Annual General Meeting, Oct 02, 2023. Agenda: To fix the date, time & venue of 3 Annual General Meeting (AGM) of the Company; to approve the Directors Report for the financial year ended March 31, 2023 and notice convening the AGM; and to discuss and approve the matters relating to e-voting in relation to the upcoming AGM. Reported Earnings • Aug 18
First quarter 2024 earnings released First quarter 2024 results: ₹0.06 loss per share. Revenue: ₹14.4m (up 2.3% from 1Q 2023). Net loss: ₹2.98m (loss widened ₹2.83m from 1Q 2023). 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 • Aug 08
Vama Industries Limited to Report Q1, 2024 Results on Aug 14, 2023 Vama Industries Limited announced that they will report Q1, 2024 results on Aug 14, 2023 Reported Earnings • May 31
Full year 2023 earnings released: ₹0.17 loss per share (vs ₹0.01 profit in FY 2022) Full year 2023 results: ₹0.17 loss per share (down from ₹0.01 profit in FY 2022). Revenue: ₹150.5m (down 7.9% from FY 2022). Net loss: ₹9.11m (down ₹9.63m from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Announcement • May 19
Vama Industries Limited to Report Q4, 2023 Results on May 29, 2023 Vama Industries Limited announced that they will report Q4, 2023 results on May 29, 2023 Board Change • May 01
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. 1 highly experienced director. Chairman & MD Vijay Raju is the most experienced director on the board, commencing their role in 2005. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • Feb 07
Vama Industries Limited to Report Q3, 2023 Results on Feb 14, 2023 Vama Industries Limited announced that they will report Q3, 2023 results on Feb 14, 2023 Announcement • Nov 05
Vama Industries Limited to Report Q2, 2023 Results on Nov 12, 2022 Vama Industries Limited announced that they will report Q2, 2023 results on Nov 12, 2022 Announcement • Sep 29
Vama Industries Limited Announces Chief Financial Officer Changes The board of directors of Vama Industries Limited in their just concluded Meeting have appointed Ms. Bandi Lakshmi Tejaswi to the office of Chief Financial Officer of the Company in place of Mr. Gavireddy Siva, who has resigned from his office as such due to his personal Obligations. The aforesaid appointment of Ms. Bandi Lakshmi Tejaswi and the resignation of Mr. Gavireddy Siva takes effect from this day of September 28, 2022. Brief Profile of Bandi Lakshmi Tejaswi: Educational Qualifications: CA-IPCC, B.Com. Areas of expertise: Auditing, Taxation, GST & Internal Audit. . Experience: Having 3 years internship experience at SJR Associates. Date of Birth: January 27, 1997. Announcement • Sep 03
Vama Industries Limited, Annual General Meeting, Sep 30, 2022 Vama Industries Limited, Annual General Meeting, Sep 30, 2022. Announcement • Aug 26
Vama Industries Limited to Report Fiscal Year 2022 Final Results on Sep 02, 2022 Vama Industries Limited announced that they will report fiscal year 2022 final results on Sep 02, 2022 Reported Earnings • Aug 12
First quarter 2023 earnings released First quarter 2023 results: Revenue: ₹14.4m (down 28% from 1Q 2022). Net loss: ₹151.0k (down 113% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 13% per year. Reported Earnings • Jun 03
Full year 2022 earnings released: EPS: ₹0.01 (vs ₹0.40 in FY 2021) Full year 2022 results: EPS: ₹0.01 (down from ₹0.40 in FY 2021). Revenue: ₹169.0m (down 35% from FY 2021). Net income: ₹515.0k (down 98% from FY 2021). Profit margin: 0.3% (down from 8.0% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 31
Investor sentiment improved over the past week After last week's 18% share price gain to ₹9.09, the stock trades at a trailing P/E ratio of 68x. Average trailing P/E is 29x in the Electronic industry in India. Negligible returns to shareholders over past three years. Announcement • May 20
Vama Industries Limited to Report Fiscal Year 2022 Results on May 28, 2022 Vama Industries Limited announced that they will report fiscal year 2022 results on May 28, 2022 Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Marlapudi Satish was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Mar 29
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₹8.73, the stock trades at a trailing P/E ratio of 65.3x. Average trailing P/E is 39x in the Electronic industry in India. Total loss to shareholders of 1.2% over the past three years. Reported Earnings • Feb 15
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.02 (down from ₹0.04 in 3Q 2021). Revenue: ₹19.6m (down 61% from 3Q 2021). Net income: ₹1.31m (down 30% from 3Q 2021). Profit margin: 6.7% (up from 3.7% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. 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 15% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 14
Investor sentiment deteriorated over the past week After last week's 19% share price decline to ₹11.08, the stock trades at a trailing P/E ratio of 76.8x. Average trailing P/E is 39x in the Electronic industry in India. Total returns to shareholders of 47% over the past three years. Announcement • Feb 03
Vama Industries Limited to Report Q3, 2022 Results on Feb 14, 2022 Vama Industries Limited announced that they will report Q3, 2022 results on Feb 14, 2022 Valuation Update With 7 Day Price Move • Dec 28
Investor sentiment improved over the past week After last week's 23% share price gain to ₹10.87, the stock trades at a trailing P/E ratio of 75.4x. Average trailing P/E is 35x in the Electronic industry in India. Total returns to shareholders of 11% over the past three years. Reported Earnings • Nov 18
Second quarter 2022 earnings released: EPS ₹0.02 (vs ₹0.32 in 2Q 2021) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹19.9m (down 83% from 2Q 2021). Net income: ₹994.0k (down 94% from 2Q 2021). Profit margin: 5.0% (down from 14% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Board Change • Oct 26
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Marlapudi Satish was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Aug 30
Investor sentiment improved over the past week After last week's 28% share price gain to ₹10.70, the stock trades at a trailing P/E ratio of 25.3x. Average trailing P/E is 22x in the Electronic industry in India. Total loss to shareholders of 24% over the past three years. Valuation Update With 7 Day Price Move • Aug 11
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₹9.31, the stock trades at a trailing P/E ratio of 22x. Average trailing P/E is 25x in the Electronic industry in India. Total loss to shareholders of 36% over the past three years. Valuation Update With 7 Day Price Move • Jul 09
Investor sentiment improved over the past week After last week's 28% share price gain to ₹9.41, the stock trades at a trailing P/E ratio of 23.5x. Average trailing P/E is 24x in the Electronic industry in India. Total loss to shareholders of 37% over the past three years. Reported Earnings • Jul 01
Full year 2021 earnings released: EPS ₹0.40 (vs ₹0.091 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: ₹266.5m (down 13% from FY 2020). Net income: ₹20.9m (up 339% from FY 2020). Profit margin: 7.8% (up from 1.6% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • May 14
Investor sentiment improved over the past week After last week's 19% share price gain to ₹8.18, the stock trades at a trailing P/E ratio of 24.3x. Average trailing P/E is 22x in the Electronic industry in India. Total loss to shareholders of 58% over the past three years. Valuation Update With 7 Day Price Move • Apr 26
Investor sentiment improved over the past week After last week's 25% share price gain to ₹8.20, the stock trades at a trailing P/E ratio of 24.4x. Average trailing P/E is 20x in the Electronic industry in India. Total loss to shareholders of 61% over the past three years. Executive Departure • Apr 16
Non-Executive Independent Director has left the company On the 9th of April, Kallepalli Vara Raju's tenure as Non-Executive Independent Director ended after 16.9 years in the role. We don't have any record of a personal shareholding under Kallepalli Vara's name. A total of 4 executives have left over the last 12 months. Executive Departure • Apr 16
Non-Executive Independent Director has left the company On the 9th of April, Kakumanu Venkata Rao's tenure as Non-Executive Independent Director ended after 3.2 years in the role. We don't have any record of a personal shareholding under Kakumanu Venkata's name. A total of 4 executives have left over the last 12 months. Valuation Update With 7 Day Price Move • Apr 01
Investor sentiment improved over the past week After last week's 17% share price gain to ₹7.19, the stock trades at a trailing P/E ratio of 21.4x. Average trailing P/E is 20x in the Electronic industry in India. Total loss to shareholders of 70% over the past three years. Is New 90 Day High Low • Feb 25
New 90-day low: ₹6.16 The company is down 11% from its price of ₹6.91 on 27 November 2020. The Indian market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 37% over the same period. Reported Earnings • Feb 17
Third quarter 2021 earnings released: EPS ₹0.04 (vs ₹0.15 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹49.8m (up 66% from 3Q 2020). Net income: ₹1.87m (up ₹9.49m from 3Q 2020). Profit margin: 3.7% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 37% per year whereas the company’s share price has fallen by 36% per year. Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment improved over the past week After last week's 15% share price gain to ₹7.41, the stock is trading at a trailing P/E ratio of 51.4x, up from the previous P/E ratio of 44.7x. This compares to an average P/E of 20x in the Electronic industry in India. Total return to shareholders over the past three years is a loss of 72%. Is New 90 Day High Low • Jan 27
New 90-day low: ₹6.20 The company is down 1.0% from its price of ₹6.29 on 29 October 2020. The Indian market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 31% over the same period. Announcement • Dec 03
Vama Industries Limited, Annual General Meeting, Dec 29, 2020 Vama Industries Limited, Annual General Meeting, Dec 29, 2020. Valuation Update With 7 Day Price Move • Nov 18
Market bids up stock over the past week After last week's 18% share price gain to ₹8.04, the stock is trading at a trailing P/E ratio of 55.8x, up from the previous P/E ratio of 47.1x. This compares to an average P/E of 21x in the Electronic industry in India. Total return to shareholders over the past three years is a loss of 71%. Reported Earnings • Nov 15
Second quarter 2021 earnings released: EPS ₹0.32 The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₹117.0m (up 21% from 2Q 2020). Net income: ₹16.8m (up 158% from 2Q 2020). Profit margin: 14% (up from 6.7% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 64% per year but the company’s share price has only fallen by 37% per year, which means it has not declined as severely as earnings. Announcement • Nov 01
Vama Industries Limited to Report Q2, 2021 Results on Nov 11, 2020 Vama Industries Limited announced that they will report Q2, 2021 results on Nov 11, 2020 Is New 90 Day High Low • Oct 16
New 90-day low: ₹7.30 The company is down 17% from its price of ₹8.81 on 17 July 2020. The Indian market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 12% over the same period. Announcement • Sep 08
Vama Industries Limited to Report Q1, 2021 Results on Sep 15, 2020 Vama Industries Limited announced that they will report Q1, 2021 results on Sep 15, 2020 Announcement • Jun 21
Vama Industries Limited to Report Q4, 2020 Results on Jun 30, 2020 Vama Industries Limited announced that they will report Q4, 2020 results on Jun 30, 2020 
