Announcement • May 13
Aksh Optifibre Limited to Report Q4, 2026 Results on May 28, 2026 Aksh Optifibre Limited announced that they will report Q4, 2026 results on May 28, 2026 Announcement • Jan 22
Aksh Optifibre Limited to Report Q3, 2026 Results on Feb 06, 2026 Aksh Optifibre Limited announced that they will report Q3, 2026 results on Feb 06, 2026 Announcement • Oct 29
Aksh Optifibre Limited to Report Q2, 2026 Results on Nov 07, 2025 Aksh Optifibre Limited announced that they will report Q2, 2026 results on Nov 07, 2025 Announcement • Jul 24
Aksh Optifibre Limited to Report Q1, 2026 Results on Aug 08, 2025 Aksh Optifibre Limited announced that they will report Q1, 2026 results on Aug 08, 2025 Announcement • Jul 08
Aksh Optifibre Limited, Annual General Meeting, Aug 08, 2025 Aksh Optifibre Limited, Annual General Meeting, Aug 08, 2025, at 11:30 Indian Standard Time. Announcement • May 15
Aksh Optifibre Limited to Report Q4, 2025 Results on May 22, 2025 Aksh Optifibre Limited announced that they will report Q4, 2025 results on May 22, 2025 Announcement • Feb 03
Aksh Optifibre Limited to Report Q3, 2025 Results on Feb 13, 2025 Aksh Optifibre Limited announced that they will report Q3, 2025 results at 12:08 PM, Indian Standard Time on Feb 13, 2025 Announcement • Nov 13
Aksh Optifibre Limited Announces Re-Designate the Position of Lokesh Khandelwal from COO-Service Division to COO-Aksh Group Aksh Optifibre Limited informed that the Board of Directors at its meeting held on November 13, 2024, has re-designate the position of Mr. Lokesh Khandelwal from COO- Service Division to COO-Aksh Group and Key Managerial Personnel effective from November 13, 2024 upon recommendation of Nomination & Remuneration Committee. He is an Electronics & Communication Engineer with specialization in Fiber Optic Communication. He is an expert in process handling from planning, marketing, sales, execution, finance, legal, commercial and logistics. Mr. Khandelwal has been associated with AKSH Optifibre Limited and its subsidiaries since November 2000 in various roles from Executive Engineer to Chief Operating Officer. Key Achievements: Successfully roll out Emitra Project in Rajasthan for AKSH. Successfully completed OFC Supply and Laying Project for Government of Rajasthan. Successfully completed Smart Solution ICT Project for Jaipur Smart City limited. Managed 10,000+ kiosk. Announcement • Oct 29
Aksh Optifibre Limited to Report Q2, 2025 Results on Nov 13, 2024 Aksh Optifibre Limited announced that they will report Q2, 2025 results on Nov 13, 2024 Recent Insider Transactions • Aug 18
Non-Executive Non-Independent Chairman recently sold ₹1.8m worth of stock On the 13th of August, Kailash Choudhari sold around 200k shares on-market at roughly ₹8.83 per share. This transaction amounted to 1.2% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹2.5m. Kailash has been a net seller over the last 12 months, reducing personal holdings by ₹22m. Announcement • Jul 29
Aksh Optifibre Limited to Report Q1, 2025 Results on Aug 06, 2024 Aksh Optifibre Limited announced that they will report Q1, 2025 results at 12:08 PM, Indian Standard Time on Aug 06, 2024 Reported Earnings • Jul 12
Full year 2024 earnings released: ₹4.38 loss per share (vs ₹0.83 loss in FY 2023) Full year 2024 results: ₹4.38 loss per share (further deteriorated from ₹0.83 loss in FY 2023). Revenue: ₹2.20b (down 23% from FY 2023). Net loss: ₹713.1m (loss widened 425% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Announcement • Jul 05
Aksh Optifibre Limited, Annual General Meeting, Aug 06, 2024 Aksh Optifibre Limited, Annual General Meeting, Aug 06, 2024, at 11:30 Indian Standard Time. Recent Insider Transactions • Jul 03
Non-Executive Non-Independent Chairman recently sold ₹2.5m worth of stock On the 28th of June, Kailash Choudhari sold around 300k shares on-market at roughly ₹8.21 per share. This transaction amounted to 1.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Kailash has been a net seller over the last 12 months, reducing personal holdings by ₹20m. Recent Insider Transactions • Jun 13
Non-Executive Non-Independent Chairman recently sold ₹2.1m worth of stock On the 10th of June, Kailash Choudhari sold around 246k shares on-market at roughly ₹8.41 per share. This transaction amounted to 1.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Kailash has been a net seller over the last 12 months, reducing personal holdings by ₹28m. Announcement • May 29
Aksh Optifibre Limited Re-Designates Puneet Chandna from COO- FRP to Process Leader- FRP Aksh Optifibre Limited announced that at the board meeting held on May 27, 2024 has re-designate the position of Mr. Puneet Chandna, from COO- FRP to Process Leader- FRP with effect from May 01, 2024. Reported Earnings • May 29
Full year 2024 earnings released: ₹4.38 loss per share (vs ₹0.83 loss in FY 2023) Full year 2024 results: ₹4.38 loss per share (further deteriorated from ₹0.83 loss in FY 2023). Revenue: ₹2.22b (down 23% from FY 2023). Net loss: ₹713.1m (loss widened 425% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Announcement • May 18
Aksh Optifibre Limited to Report Q4, 2024 Results on May 27, 2024 Aksh Optifibre Limited announced that they will report Q4, 2024 results on May 27, 2024 Recent Insider Transactions • Mar 13
Non-Executive Non-Independent Chairman recently sold ₹2.2m worth of stock On the 7th of March, Kailash Choudhari sold around 213k shares on-market at roughly ₹10.30 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹3.8m. Kailash has been a net seller over the last 12 months, reducing personal holdings by ₹26m. Board Change • Mar 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. 5 experienced directors. 1 highly experienced director. Non-Executive Independent Director Harvinder Singh was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Feb 24
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: ₹5.2m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks Significant insider selling over the past 3 months (₹5.2m sold). Market cap is less than US$100m (₹1.87b market cap, or US$22.6m). Recent Insider Transactions • Feb 23
Non-Executive Non-Independent Chairman recently sold ₹2.3m worth of stock On the 20th of February, Kailash Choudhari sold around 200k shares on-market at roughly ₹11.73 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹2.9m. Kailash has been a net seller over the last 12 months, reducing personal holdings by ₹20m. Reported Earnings • Feb 15
Third quarter 2024 earnings released: ₹0.26 loss per share (vs ₹0.07 profit in 3Q 2023) Third quarter 2024 results: ₹0.26 loss per share (down from ₹0.07 profit in 3Q 2023). Revenue: ₹521.9m (down 24% from 3Q 2023). Net loss: ₹42.1m (down 455% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 118% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Announcement • Feb 03
Aksh Optifibre Limited to Report Q3, 2024 Results on Feb 14, 2024 Aksh Optifibre Limited announced that they will report Q3, 2024 results on Feb 14, 2024 Recent Insider Transactions • Dec 06
Non-Executive Non-Independent Chairman recently sold ₹2.9m worth of stock On the 1st of December, Kailash Choudhari sold around 290k shares on-market at roughly ₹9.99 per share. This transaction amounted to 1.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Kailash has been a net seller over the last 12 months, reducing personal holdings by ₹18m. Reported Earnings • Nov 11
Second quarter 2024 earnings released: ₹0.30 loss per share (vs ₹0.16 loss in 2Q 2023) Second quarter 2024 results: ₹0.30 loss per share (further deteriorated from ₹0.16 loss in 2Q 2023). Revenue: ₹607.5m (up 3.4% from 2Q 2023). Net loss: ₹49.3m (loss widened 84% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 134% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Announcement • Nov 01
Aksh Optifibre Limited to Report Q2, 2024 Results on Nov 08, 2023 Aksh Optifibre Limited announced that they will report Q2, 2024 results on Nov 08, 2023 Recent Insider Transactions • Sep 07
Non-Executive Non-Independent Chairman recently sold ₹4.6m worth of stock On the 1st of September, Kailash Choudhari sold around 380k shares on-market at roughly ₹12.20 per share. This transaction amounted to 2.0% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹5.0m. Kailash has been a net seller over the last 12 months, reducing personal holdings by ₹15m. Announcement • Aug 10
Aksh Optifibre Limited, Annual General Meeting, Sep 05, 2023 Aksh Optifibre Limited, Annual General Meeting, Sep 05, 2023, at 11:30 Indian Standard Time. Agenda: To receive, consider and adopt the audited standalone financial statements as at March 31, 2023 along with the report of the auditors' and Board of Director's hereon and the audited consolidated financial statement as at March 31, 2023 and the report of the auditors' thereon; to appoint a director in place of Mr. Satyendra Kumar Gupta who retires by rotation and being eligible, offers himself for re-appointment; to ratify the remuneration of cost auditorsre. New Risk • Jul 29
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 7.7% 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 Share price has been volatile over the past 3 months (7.7% average weekly change). Significant insider selling over the past 3 months (₹10m sold). Market cap is less than US$100m (₹1.59b market cap, or US$19.4m). Reported Earnings • Jul 27
First quarter 2024 earnings released: ₹0.11 loss per share (vs ₹0.10 profit in 1Q 2023) First quarter 2024 results: ₹0.11 loss per share (down from ₹0.10 profit in 1Q 2023). Revenue: ₹590.4m (down 26% from 1Q 2023). Net loss: ₹18.0m (down 212% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 131% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Jul 01
Non-Executive Non-Independent Chairman recently sold ₹2.0m worth of stock On the 28th of June, Kailash Choudhari sold around 246k shares on-market at roughly ₹8.32 per share. This transaction amounted to 1.3% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹5.0m. Kailash has been a net seller over the last 12 months, reducing personal holdings by ₹10m. Recent Insider Transactions • Jun 21
Non-Executive Non-Independent Chairman recently sold ₹5.0m worth of stock On the 16th of June, Kailash Choudhari sold around 600k shares on-market at roughly ₹8.41 per share. This transaction amounted to 3.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Kailash's only on-market trade for the last 12 months. Reported Earnings • May 21
Full year 2023 earnings released: ₹0.83 loss per share (vs ₹0.026 loss in FY 2022) Full year 2023 results: ₹0.83 loss per share (further deteriorated from ₹0.026 loss in FY 2022). Revenue: ₹2.89b (down 8.5% from FY 2022). Net loss: ₹135.8m (loss widened ₹131.6m from FY 2022). Over the last 3 years on average, earnings per share has increased by 122% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Announcement • May 13
Aksh Optifibre Limited to Report Q4, 2023 Results on May 19, 2023 Aksh Optifibre Limited announced that they will report Q4, 2023 results at 12:08 PM, Indian Standard Time on May 19, 2023 Reported Earnings • Jan 22
Third quarter 2023 earnings released: EPS: ₹0.07 (vs ₹0.004 in 3Q 2022) Third quarter 2023 results: EPS: ₹0.07 (up from ₹0.004 in 3Q 2022). Revenue: ₹694.4m (down 12% from 3Q 2022). Net income: ₹11.9m (up ₹11.2m from 3Q 2022). Profit margin: 1.7% (up from 0.1% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Executive Independent Director Harvinder Singh was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 22
Second quarter 2023 earnings released: ₹0.16 loss per share (vs ₹0.094 loss in 2Q 2022) Second quarter 2023 results: ₹0.16 loss per share (further deteriorated from ₹0.094 loss in 2Q 2022). Revenue: ₹593.5m (down 20% from 2Q 2022). Net loss: ₹26.7m (loss widened 71% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jul 30
First quarter 2023 earnings released: EPS: ₹0.10 (vs ₹0.04 loss in 1Q 2022) First quarter 2023 results: EPS: ₹0.10 (up from ₹0.04 loss in 1Q 2022). Revenue: ₹803.8m (up 7.6% from 1Q 2022). Net income: ₹16.1m (up ₹22.1m from 1Q 2022). Profit margin: 2.0% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 15
Full year 2022 earnings released: ₹0.03 loss per share (vs ₹1.56 loss in FY 2021) Full year 2022 results: ₹0.03 loss per share (up from ₹1.56 loss in FY 2021). Revenue: ₹3.21b (up 18% from FY 2021). Net loss: ₹4.15m (loss narrowed 98% from FY 2021). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Board Change • Apr 27
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. 1 highly experienced director. Non-Executive Non-Independent Chairman Kailash Choudhari is the most experienced director on the board, commencing their role in 1993. 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 04
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.005 (up from ₹0.26 loss in 3Q 2021). Revenue: ₹813.2m (up 25% from 3Q 2021). Net income: ₹699.0k (up ₹42.5m from 3Q 2021). Profit margin: 0.1% (up from net loss in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 9% per year, which means it is performing significantly worse than earnings. Executive Departure • Aug 14
Chief Executive Officer Pramod Srivastava has left the company On the 6th of August, Pramod Srivastava's tenure as Chief Executive Officer of the company ended after 1.3 years in the role. We don't have any record of a personal shareholding under Pramod's name. A total of 3 executives have left over the last 12 months. Under Pramod's leadership, the company delivered a total shareholder return of 191%. Reported Earnings • Aug 09
First quarter 2022 earnings released: ₹0.04 loss per share (vs ₹0.68 loss in 1Q 2021) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: ₹747.2m (up 53% from 1Q 2021). Net loss: ₹6.01m (loss narrowed 95% from 1Q 2021). Is New 90 Day High Low • Mar 09
New 90-day low: ₹6.69 The company is down 16% from its price of ₹7.94 on 09 December 2020. The Indian market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 13% over the same period. Reported Earnings • Feb 12
Third quarter 2021 earnings released: ₹0.26 loss per share (vs ₹0.81 loss in 3Q 2020) The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: ₹652.3m (up 13% from 3Q 2020). Net loss: ₹41.8m (loss narrowed 68% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Jan 06
New 90-day high: ₹8.18 The company is up 53% from its price of ₹5.35 on 08 October 2020. The Indian market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 12% over the same period. Is New 90 Day High Low • Dec 06
New 90-day high: ₹7.01 The company is up 2.0% from its price of ₹6.88 on 07 September 2020. The Indian market is up 16% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Communications industry, which is also up 2.0% over the same period. Reported Earnings • Nov 14
Second quarter 2021 earnings released: ₹0.30 loss per share The company reported a solid second quarter result with reduced losses and improved revenues and control over expenses. Second quarter 2021 results: Revenue: ₹912.7m (up 24% from 2Q 2020). Net loss: ₹49.1m (loss narrowed 51% from 2Q 2020).