Buy Or Sell Opportunity • Apr 11
Now 20% overvalued Over the last 90 days, the stock has fallen 12% to ₹64.18. The fair value is estimated to be ₹53.48, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 78% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Feb 17
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 28% to ₹73.31. The fair value is estimated to be ₹92.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 78% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Feb 16
Third quarter 2026 earnings released: ₹0.22 loss per share (vs ₹1.10 profit in 3Q 2025) Third quarter 2026 results: ₹0.22 loss per share (down from ₹1.10 profit in 3Q 2025). Revenue: ₹5.45m (down 92% from 3Q 2025). Net loss: ₹7.51m (down 134% from profit in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has increased by 129% per year, which means it is well ahead of earnings. New Risk • Feb 14
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.0% average weekly change). Shareholders have been substantially diluted in the past year (71% increase in shares outstanding). Minor Risks Revenue is less than US$5m (₹212m revenue, or US$2.3m). Market cap is less than US$100m (₹2.79b market cap, or US$30.8m). Valuation Update With 7 Day Price Move • Feb 11
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to ₹82.58, the stock trades at a trailing P/E ratio of 38.1x. Average trailing P/E is 37x in the Communications industry in India. Total returns to shareholders of 1,226% over the past three years. Announcement • Feb 05
Kavveri Defence & Wireless Technologies Limited to Report Q3, 2026 Results on Feb 14, 2026 Kavveri Defence & Wireless Technologies Limited announced that they will report Q3, 2026 results at 3:30 PM, Indian Standard Time on Feb 14, 2026 Valuation Update With 7 Day Price Move • Jan 21
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹56.68, the stock trades at a trailing P/E ratio of 26.2x. Average trailing P/E is 35x in the Communications industry in India. Total returns to shareholders of 746% over the past three years. Valuation Update With 7 Day Price Move • Dec 31
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹67.07, the stock trades at a trailing P/E ratio of 31x. Average trailing P/E is 46x in the Communications industry in India. Total returns to shareholders of 945% over the past three years. Reported Earnings • Nov 17
Second quarter 2026 earnings released: EPS: ₹0.03 (vs ₹0.24 in 2Q 2025) Second quarter 2026 results: EPS: ₹0.03 (down from ₹0.24 in 2Q 2025). Revenue: ₹26.8m (up 106% from 2Q 2025). Net income: ₹4.71m (down 2.2% from 2Q 2025). Profit margin: 18% (down from 37% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 128% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Nov 11
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹107, the stock trades at a trailing P/E ratio of 49.5x. Average trailing P/E is 56x in the Communications industry in India. Total returns to shareholders of 1,102% over the past three years. Announcement • Nov 08
Kavveri Defence & Wireless Technologies Limited to Report Q2, 2026 Results on Nov 14, 2025 Kavveri Defence & Wireless Technologies Limited announced that they will report Q2, 2026 results on Nov 14, 2025 Announcement • Oct 17
Kavveri Defence & Wireless Technologies Limited announced that it expects to receive INR 228 million in funding Kavveri Defence & Wireless Technologies Limited announces a private placement to issue 1,42,50,000 equity shares at a price of INR 16 for gross proceeds of INR 228,000,000 on October 15, 2025. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹137, the stock trades at a trailing P/E ratio of 63.2x. Average trailing P/E is 59x in the Communications industry in India. Total returns to shareholders of 1,167% over the past three years. New Risk • Oct 07
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 8.3% 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 (8.3% average weekly change). Shareholders have been substantially diluted in the past year (71% increase in shares outstanding). Minor Risks Revenue is less than US$5m (₹204m revenue, or US$2.3m). Market cap is less than US$100m (₹4.30b market cap, or US$48.4m). Valuation Update With 7 Day Price Move • Sep 19
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹109, the stock trades at a trailing P/E ratio of 50.3x. Average trailing P/E is 50x in the Communications industry in India. Total returns to shareholders of 943% over the past three years. New Risk • Sep 18
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 71% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (71% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Revenue is less than US$5m (₹204m revenue, or US$2.3m). Market cap is less than US$100m (₹3.55b market cap, or US$40.3m). Valuation Update With 7 Day Price Move • Sep 05
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to ₹82.74, the stock trades at a trailing P/E ratio of 22.3x. Average trailing P/E is 46x in the Communications industry in India. Total returns to shareholders of 689% over the past three years. New Risk • Sep 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 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Revenue is less than US$5m (₹204m revenue, or US$2.3m). Market cap is less than US$100m (₹1.37b market cap, or US$15.5m). Announcement • Sep 01
Kavveri Defence & Wireless Technologies Limited, Annual General Meeting, Sep 30, 2025 Kavveri Defence & Wireless Technologies Limited, Annual General Meeting, Sep 30, 2025, at 10:00 Indian Standard Time. Location: 31-36,1 main,ii stage, arekere mico layout, bannerghatta road, bangalore - 560076, bangalore India Valuation Update With 7 Day Price Move • Aug 21
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹68.60, the stock trades at a trailing P/E ratio of 18.5x. Average trailing P/E is 45x in the Communications industry in India. Total returns to shareholders of 724% over the past three years. Reported Earnings • Aug 16
First quarter 2026 earnings released: EPS: ₹0.31 (vs ₹0.01 in 1Q 2025) First quarter 2026 results: EPS: ₹0.31 (up from ₹0.01 in 1Q 2025). Revenue: ₹39.8m (up ₹33.6m from 1Q 2025). Net income: ₹10.8m (up ₹10.5m from 1Q 2025). Profit margin: 27% (up from 4.6% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 84% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 01
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹53.48, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 28x in the Communications industry in India. Total returns to shareholders of 520% over the past three years. Reported Earnings • Jun 02
Full year 2025 earnings released: EPS: ₹3.18 (vs ₹0.66 loss in FY 2024) Full year 2025 results: EPS: ₹3.18 (up from ₹0.66 loss in FY 2024). Revenue: ₹197.7m (up ₹181.8m from FY 2024). Net income: ₹64.1m (up ₹77.4m from FY 2024). Profit margin: 32% (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 increased by 34% per year but the company’s share price has increased by 80% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • May 14
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹48.51, the stock trades at a trailing P/E ratio of 43x. Average trailing P/E is 26x in the Communications industry in India. Total returns to shareholders of 358% over the past three years. New Risk • May 07
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹843.8m (US$9.96m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₹843.8m market cap, or US$9.96m). Minor Risks Profit margins are more than 30% lower than last year (25% net profit margin). Revenue is less than US$5m (₹90m revenue, or US$1.1m). Announcement • Feb 08
Kavveri Defence & Wireless Technologies Limited Announces Cessation of Lakshmipuram Rajagopalachar Venugopal as Additional Non-Executive Non-Independent Director and Member of the Nomination and Remuneration Committee, Audit Committee, Stakeholders Relationship Committee and CSR Committees Kavveri Defence & Wireless Technologies Limited informed that Mr. LAKSHMIPURAM RAJAGOPALACHAR VENUGOPAL has been Vacated as an Additional Non-Executive Non- Independent Director of the Company, with effect from February 7, 2025. Consequently, he shall also cease to be a Member of the Nomination and Remuneration Committee, Audit Committee, Stakeholders Relationship Committee and CSR Committees of the Company. Reason for Change- Vacation of Office as per the terms of re-appointment. Date of cessation- February 6, 2025. Reported Earnings • Feb 06
Third quarter 2025 earnings released: EPS: ₹1.10 (vs ₹0.15 loss in 3Q 2024) Third quarter 2025 results: EPS: ₹1.10 (up from ₹0.15 loss in 3Q 2024). Revenue: ₹71.0m (up ₹63.7m from 3Q 2024). Net income: ₹22.1m (up ₹25.1m from 3Q 2024). Profit margin: 31% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 05
Kavveri Defence & Wireless Technologies Limited Appoints Gajanan Bhat as an Additional Director The board of directors of Kavveri Defence & Wireless Technologies Limited at its meeting held on February 05, 2025, Based on the recommendation Nomination and Remuneration Committee the Board approved appointment of Mr. Gajanan Bhat as an Additional Director (DIN: 09168730) (till the next general meeting or for a period of three months from the date of appointment, whichever is earlier) designated as Non-Executive Independent Director of the Company. Board Approved the addition of Mr. Gajanan Bhat as a new member in the committees of the company. Date of appointment: With effect from February 05, 2025. Mr. Gajanan Bhat (DIN: 09168730) is having a 5 Years + PQE as qualified Company Secretary with expertise in Companies Act, SEBI and FEMA related Matters. New Risk • Jan 31
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹246m free cash flow). Revenue is less than US$1m (₹28m revenue, or US$323k). Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Market cap is less than US$100m (₹888.9m market cap, or US$10.3m). Announcement • Jan 29
Kavveri Defence & Wireless Technologies Limited to Report Q3, 2025 Results on Feb 05, 2025 Kavveri Defence & Wireless Technologies Limited announced that they will report Q3, 2025 results on Feb 05, 2025 Announcement • Jan 03
Kavveri Defence & Wireless Technologies Limited Approves Appointment of Sankethram Reddy Chenna Reddy as an Additional Executive Non-Independent Director Kavveri Defence & Wireless Technologies Limited announced that based on the recommendation of Nomination and Remuneration Committee, the board approved the appointment of Mr. Sankethram Reddy Chenna Reddy as an additional executive non-independent director with effect from 31 December 2024 to hold office till the conclusion of the next general meeting and as per the Provisions of Companies Act, 2013 and Regulation 17 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 through Circular Resolution. Mr. Sankethram Reddy Chenna Reddy is having a 10 Years + PQE as qualified Masters in Finance with expertise in Finance and Management decision making skills. New Risk • Nov 21
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹817.8m (US$9.68m) This is considered a major 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 Less than 1 year of cash runway based on free cash flow trend (-₹246m free cash flow). Revenue is less than US$1m (₹28m revenue, or US$337k). Market cap is less than US$10m (₹817.8m market cap, or US$9.68m). New Risk • Nov 16
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₹246m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹246m free cash flow). Revenue is less than US$1m (₹28m revenue, or US$337k). Minor Risk Market cap is less than US$100m (₹894.3m market cap, or US$10.6m). Reported Earnings • Nov 16
Second quarter 2025 earnings released: EPS: ₹0.24 (vs ₹0.19 loss in 2Q 2024) Second quarter 2025 results: EPS: ₹0.24 (up from ₹0.19 loss in 2Q 2024). Net income: ₹4.82m (up ₹8.54m from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has increased by 81% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 07
Kavveri Defence & Wireless Technologies Limited Appoints Lakshmipuram Rajagopalachar Venugopal as an Additional Non Executive Non - Independent Director Kavveri Defence & Wireless Technologies Limited informed that based on the recommendation of Nomination and Remuneration Committee, the Board approved the appointment of Mr. Lakshmipuram Rajagopalachar Venugopal as an Additional Non Executive Non - Independent Director with effect from 7 November 2024 to hold office till the conclusion of the next general meeting and as per the Provisions of Companies Act, 2013 and Regulation 17 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 through Circular Resolution. Mr. Lakshmipuram Rajagopalachar Venugopal is having a 25 Years + PQE as qualified Chartered Accountant with expertise in Income Tax, Service Tax, Excise, GST and Management decision making skills. Announcement • Oct 02
Kavveri Telecom Products Limited Announces Cessation of Lakshmipuram Rajagopalachar Venugopal and Shankarnarayan Srikantiah Bangalore as Independent Director, Member Nomination and Remuneration Committee, Audit Committee, Stakeholders Relationship Committee and CSR Committees Kavveri Telecom Products Limited announced that, as per the terms of the reappointment Mr. Lakshmipuram Rajagopalachar Venugopal and Shankarnarayan Srikantiah Bangalore (DIN: 00269705), has been Vacated as an Independent Director of the Company, with effect from October 1, 2024. Consequently, they shall also cease to be a Member of the Nomination and Remuneration Committee, Audit Committee, Stakeholders Relationship Committee and CSR Committees of the Company. Announcement • Sep 11
Kavveri Telecom Products Limited announced that it expects to receive INR 131 million in funding Kavveri Telecom Products Limited announced a private placement of 327,550,000 convertible warrants for the gross proceeds of INR 131,000,000 on September 10, 2024. The transaction will include participation from Uma Reddy C for 2,750,000 warrants, C Rohit Reddy for 2,250,000 warrants, C Sanketh Ram Reddy for 2,250,000 warrants, Ruma Reddy Chenna Reddy for 2,220,000 warrants, Shrikanth Krishnamachary for 190,000 warrants, Manjunath Reddy P for 25,000 warrants and other investors. The transaction has been approved by the shareholders of the company. Announcement • Aug 16
Kavveri Telecom Products Limited, Annual General Meeting, Sep 20, 2024 Kavveri Telecom Products Limited, Annual General Meeting, Sep 20, 2024, at 10:00 Indian Standard Time. Reported Earnings • Aug 16
First quarter 2025 earnings released: EPS: ₹0.01 (vs ₹0.10 loss in 1Q 2024) First quarter 2025 results: EPS: ₹0.01 (up from ₹0.10 loss in 1Q 2024). Net income: ₹287.0k (up ₹2.32m from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 81% per year and the company’s share price has also increased by 81% per year. Announcement • Aug 08
Kavveri Telecom Products Limited to Report Q1, 2025 Results on Aug 14, 2024 Kavveri Telecom Products Limited announced that they will report Q1, 2025 results on Aug 14, 2024 Announcement • Jun 21
Kavveri Telecom Products Limited Appoints Gokul Rajendran as Additional Director The Board of Kavveri Telecom Products Limited approved appointment of Mr. Gokul Rajendran (DIN: 07475290) as an Additional Director (till the next general meeting or for a period of three months from the date of appointment, whichever is earlier) designated as Non-Executive Independent Director of the Company with effect from June 21, 2024, up to the date of upcoming Annual General Meeting of the Company. Mr. Gokul Rajendran is having a 5 Years + PQE Corporate Lawyer and qualified Company Secretary with expertise in Company law, insolvency laws, tax laws, FEMA, Service Tax, Excise, GST and Secretarial compliances, Gokul is extensively involved in corporate litigation matters pertaining to oppression and mismanagement, indirect taxation matters, insolvency matters, company law matters and winding up of Companies, restoration of name of the company struck off by ROC etc. He has represented a wide variety of clients including but not limited to operational creditors, Financial Creditors, Corporate Debtors, Resolution Professionals, Liquidators, HNIs and independent litigants before High Court of Karnataka, National Company Law Tribunal, National Company Law Appellate Tribunal and various other forums. New Risk • Jun 16
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₹113m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹113m free cash flow). Revenue is less than US$1m (₹16m revenue, or US$190k). Market cap is less than US$10m (₹371.5m market cap, or US$4.45m). Minor Risk Share price has been volatile over the past 3 months (8.7% average weekly change). Announcement • Jun 13
Kavveri Telecom Products Limited Appoints Nandita Singh as the Company Secretary and Compliance Officer Kavveri Telecom Products Limited announced that Ms. nandita singh has been appointed as the company secretary and compliance officer of the company with effect from June 10, 2024. Mr. Nandita Singh is an Associate Member of the Institute of Company Secretaries of India (ICSI) and a Bachelor of Commerce. She has post-qualification work experience of about 5 years. Reported Earnings • Mar 14
Third quarter 2024 earnings released: ₹0.15 loss per share (vs ₹0.14 loss in 3Q 2023) Third quarter 2024 results: ₹0.15 loss per share (further deteriorated from ₹0.14 loss in 3Q 2023). Net loss: ₹3.00m (loss widened 3.6% from 3Q 2023). Announcement • Mar 01
Kavveri Telecom Products Limited Announces Resignation of Ankita Chowdhary as Company Secretary and Compliance Officer Kavveri Telecom Products Limited informed that Mrs. Ankita Chowdhary, Company Secretary and Company Officer of the Company has tendered her resignation from the position of Company vide her letter dated February 29, 2024 and will be relieved from the services of the Company with effect from close of business hour on February 29, 2024. Announcement • Feb 06
Kavveri Telecom Products Limited to Report Q3, 2024 Results on Feb 14, 2024 Kavveri Telecom Products Limited announced that they will report Q3, 2024 results on Feb 14, 2024 New Risk • Nov 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 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 High level of non-cash earnings (23% accrual ratio). Revenue is less than US$1m (₹15m revenue, or US$178k). Market cap is less than US$10m (₹268.9m market cap, or US$3.23m). Minor Risk Share price has been volatile over the past 3 months (7.3% average weekly change). Reported Earnings • Nov 16
Second quarter 2024 earnings released: ₹0.19 loss per share (vs ₹0.23 loss in 2Q 2023) Second quarter 2024 results: ₹0.19 loss per share (improved from ₹0.23 loss in 2Q 2023). Net loss: ₹3.72m (loss narrowed 19% from 2Q 2023). Announcement • Oct 14
Kavveri Telecom Products Limited Announces Resignation of Abhishek Desai as Independent Director and Member of Nomination and Remuneration Committee Kavveri Telecom Products Limited announced that Mr. Abhishek Desai, has tendered his resignation as Independent Director of the Company, with effect from October 12, 2023 citing personal commitments. Consequently, he shall also cease to be a Member of the Nomination and Remuneration Committee of the Company. Reported Earnings • Aug 16
First quarter 2024 earnings released: ₹0.10 loss per share (vs ₹0.39 loss in 1Q 2023) First quarter 2024 results: ₹0.10 loss per share (improved from ₹0.39 loss in 1Q 2023). Net loss: ₹2.04m (loss narrowed 74% from 1Q 2023). Announcement • Aug 08
Kavveri Telecom Products Limited to Report Q1, 2024 Results on Aug 14, 2023 Kavveri Telecom Products Limited announced that they will report Q1, 2024 results on Aug 14, 2023 New Risk • Jun 09
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.3% average weekly change). High level of non-cash earnings (36% accrual ratio). Market cap is less than US$10m (₹143.1m market cap, or US$1.74m). Reported Earnings • Feb 15
Third quarter 2023 earnings released: ₹0.14 loss per share (vs ₹1.66 loss in 3Q 2022) Third quarter 2023 results: ₹0.14 loss per share (improved from ₹1.66 loss in 3Q 2022). Net loss: ₹2.90m (loss narrowed 91% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 07
Kavveri Telecom Products Limited to Report Q3, 2023 Results on Feb 13, 2023 Kavveri Telecom Products Limited announced that they will report Q3, 2023 results on Feb 13, 2023 Reported Earnings • Nov 18
Second quarter 2023 earnings released: ₹0.23 loss per share (vs ₹2.59 loss in 2Q 2022) Second quarter 2023 results: ₹0.23 loss per share (improved from ₹2.59 loss in 2Q 2022). Net loss: ₹4.58m (loss narrowed 91% from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 57% per year, which means it is well ahead of earnings. Announcement • Oct 18
Kavveri Telecom Products Limited Approves Appointment of Priya Arwat as Company Secretary Kavveri Telecom Products Limited announced at the board meeting held on October 17, 2022 that the company approved Appointment of CS Priya Arwat as Company Secretary of the Company. Degree/Certificate: 2009 - B.Com from Indira College of Commerce and Science, Pune University, 2011 - M.Com from Indira College of Commerce and Science, Pune University, 2013 - PGDBM from D.Y. Patil College, Pune University and 2016 - COMPANY SECRETARY from Institute Of Company Secretaries Of India. Worked as Company Secretary of M/s. Umbel Properties Private Limited June 2022 to September 2022. Worked as a Company Secretary of M/s. Kalyani Motors Private Limited from June, 2020 to May 2022. Worked as a Company Secretary and Compliance Officer of M/s. Sri Chamundeswari Sugars Limited, Bangalore from April 2017 to June, 2018. Announcement • Oct 11
Kavveri Telecom Products Limited Announces Resignation of Kamla Choudhary as Company Secretary and Compliance Officer Kavveri Telecom Products Limited at its board meeting to be held on October 17, 2022, to approve resignation of CS Kamla Choudhary from position of Company Secretary and Compliance Officer of the Company. Announcement • Sep 03
Kavveri Telecom Products Limited, Annual General Meeting, Sep 30, 2022 Kavveri Telecom Products Limited, Annual General Meeting, Sep 30, 2022, at 10:00 Indian Standard Time. Location: No. 31-36, I Main, II Stage, Arekere MICO Layout, Bannerghatta Road Bangalore Karnataka India Agenda: To consider based on the recommendation of Board, approved the Appointment of Mr. Abhishek Padmanabha Desai as an Independent Director for period of consecutive 5 years, subject to approval of Shareholders at the ensuing Annual General Meeting; to consider Based on the recommendation of Audit Committee, approved the Appointment of M/s. J K Chopra & Associates as an auditor of the Company in accordance with the provisions of Section 139 of Companies Act, 2013 for period of consecutive 5 years subject to approval of Shareholders at the ensuing Annual General Meeting; and to consider any other matters. Reported Earnings • Aug 19
First quarter 2023 earnings released: ₹0.39 loss per share (vs ₹2.06 loss in 1Q 2022) First quarter 2023 results: ₹0.39 loss per share (up from ₹2.06 loss in 1Q 2022). Net loss: ₹7.93m (loss narrowed 81% from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 48% per year, which means it is well ahead of earnings. Announcement • Aug 08
Kavveri Telecom Products Limited to Report Q1, 2023 Results on Aug 13, 2022 Kavveri Telecom Products Limited announced that they will report Q1, 2023 results on Aug 13, 2022 Reported Earnings • Jun 03
Full year 2022 earnings released: ₹8.99 loss per share (vs ₹8.17 loss in FY 2021) Full year 2022 results: ₹8.99 loss per share (down from ₹8.17 loss in FY 2021). Net loss: ₹180.9m (loss widened 10% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Reported Earnings • Feb 15
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: ₹1.66 loss per share (up from ₹2.15 loss in 3Q 2021). Net loss: ₹33.3m (loss narrowed 23% from 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings. Reported Earnings • Oct 29
Second quarter 2022 earnings released: ₹2.59 loss per share (vs ₹2.22 loss in 2Q 2021) Second quarter 2022 results: Net loss: ₹52.1m (loss widened 17% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 7% per year. Reported Earnings • Aug 13
First quarter 2022 earnings released: ₹2.06 loss per share (vs ₹1.82 loss in 1Q 2021) First quarter 2022 results: Net loss: ₹41.5m (loss widened 13% from 1Q 2021). 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 24% per year, which means it is significantly lagging earnings. Board Change • Jul 31
High number of new directors Independent Director Keerthi Narayan was the last director to join the board, commencing their role in 2021. 
