Valuation Update With 7 Day Price Move • Jun 18
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹424, the stock trades at a trailing P/E ratio of 40.4x. Average trailing P/E is 23x in the Tech industry in India. Total returns to shareholders of 590% over the past three years. Reported Earnings • May 05
Full year 2026 earnings released: EPS: ₹10.57 (vs ₹4.04 in FY 2025) Full year 2026 results: EPS: ₹10.57 (up from ₹4.04 in FY 2025). Revenue: ₹2.45b (up 111% from FY 2025). Net income: ₹159.7m (up 182% from FY 2025). Profit margin: 6.5% (up from 4.9% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 76% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 30
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹365, the stock trades at a trailing P/E ratio of 64.7x. Average trailing P/E is 28x in the Tech industry in India. Total returns to shareholders of 499% over the past three years. Announcement • Apr 24
Panache Digilife Limited to Report Q4, 2026 Results on Apr 29, 2026 Panache Digilife Limited announced that they will report Q4, 2026 results on Apr 29, 2026 Board Change • Mar 02
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. 4 experienced directors. 2 highly experienced directors. CFO & Whole Time Director Nitesh Savla was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 15
Third quarter 2026 earnings released: EPS: ₹2.59 (vs ₹1.42 in 3Q 2025) Third quarter 2026 results: EPS: ₹2.59 (up from ₹1.42 in 3Q 2025). Revenue: ₹747.1m (up 259% from 3Q 2025). Net income: ₹40.4m (up 103% from 3Q 2025). Profit margin: 5.4% (down from 9.5% 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 78% per year but the company’s share price has only increased by 57% per year, which means it is significantly lagging earnings growth. New Risk • Feb 11
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 7.5% 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: Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Shareholders have been diluted in the past year (27% increase in shares outstanding). Market cap is less than US$100m (₹5.42b market cap, or US$59.8m). Announcement • Feb 10
Panache Digilife Limited to Report Q3, 2026 Results on Feb 12, 2026 Panache Digilife Limited announced that they will report Q3, 2026 results on Feb 12, 2026 Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹294, the stock trades at a trailing P/E ratio of 68.5x. Average trailing P/E is 25x in the Tech industry in India. Total returns to shareholders of 265% over the past three years. Valuation Update With 7 Day Price Move • Dec 08
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹342, the stock trades at a trailing P/E ratio of 79.6x. Average trailing P/E is 28x in the Tech industry in India. Total returns to shareholders of 422% over the past three years. Reported Earnings • Nov 13
Second quarter 2026 earnings released: EPS: ₹0.93 (vs ₹1.01 in 2Q 2025) Second quarter 2026 results: EPS: ₹0.93 (down from ₹1.01 in 2Q 2025). Revenue: ₹394.2m (up 68% from 2Q 2025). Net income: ₹14.0m (down 1.4% from 2Q 2025). Profit margin: 3.6% (down from 6.1% 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 63% per year but the company’s share price has increased by 87% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Sep 24
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 6.7% 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 (6.7% average weekly change). Market cap is less than US$100m (₹4.40b market cap, or US$49.6m). Valuation Update With 7 Day Price Move • Sep 22
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹317, the stock trades at a trailing P/E ratio of 58x. Average trailing P/E is 35x in the Tech industry in India. Total returns to shareholders of 424% over the past three years. Announcement • Sep 02
Panache Digilife Limited, Annual General Meeting, Sep 29, 2025 Panache Digilife Limited, Annual General Meeting, Sep 29, 2025, at 15:00 Indian Standard Time. New Risk • Jul 17
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 7.0% 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 7.8% per year over the past 5 years. High level of non-cash earnings (31% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Market cap is less than US$100m (₹2.99b market cap, or US$34.8m). Valuation Update With 7 Day Price Move • Jul 16
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹249, the stock trades at a trailing P/E ratio of 52.8x. Average trailing P/E is 37x in the Tech industry in India. Total returns to shareholders of 292% over the past three years. New Risk • Jun 28
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 31% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 7.8% per year over the past 5 years. High level of non-cash earnings (31% accrual ratio). Minor Risk Market cap is less than US$100m (₹2.49b market cap, or US$29.1m). Valuation Update With 7 Day Price Move • May 30
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹211, the stock trades at a trailing P/E ratio of 77.5x. Average trailing P/E is 43x in the Tech industry in India. Total returns to shareholders of 184% over the past three years. Valuation Update With 7 Day Price Move • May 09
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to ₹207, the stock trades at a trailing P/E ratio of 76.2x. Average trailing P/E is 42x in the Tech industry in India. Total returns to shareholders of 194% over the past three years. Announcement • Feb 05
Panache Digilife Limited Announces Resignation of Jaydeep Jadav as President -Online Sales Panache Digilife Limited announced resignation of Mr. Jaydeep Jadav as President - Online Sales with effect from the close of business hours of February 4, 2025. To take up career opportunities outside the organization. Announcement • Jan 22
Panache Digilife Limited (NSEI:PANACHE) agreed to acquire remaining 40% stake in AIR Digilife Private Limited for INR 0.04 million. Panache Digilife Limited (NSEI:PANACHE) agreed to acquire remaining 40% stake in AIR Digilife Private Limited for INR 0.04 million on January 21, 2025. A cash consideration of INR 0.04 million will be paid by Panache Digilife Limited. As part of consideration, INR 0.04 million is paid towards common equity of AIR Digilife Private Limited. Upon completion, Panache Digilife Limited will own 100% stake in AIR Digilife Private Limited.
For the period ending March 31, 2024, AIR Digilife Private Limited reported total revenue of INR 0.
The transaction is subject to approval of offer by acquirer board. As of January 21, 2025, the deal has been approved by the board. The expected completion of the transaction is January 21, 2025 to July 21, 2025. Reported Earnings • Jan 22
Third quarter 2025 earnings released Third quarter 2025 results: Revenue: ₹209.8m (up 38% from 3Q 2024). Net income: ₹19.8m (up ₹23.4m from 3Q 2024). Profit margin: 9.5% (up from net loss in 3Q 2024). 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 74% per year, which means it is well ahead of earnings. Reported Earnings • Nov 13
Second quarter 2025 earnings released: EPS: ₹1.01 (vs ₹0.015 loss in 2Q 2024) Second quarter 2025 results: EPS: ₹1.01 (up from ₹0.015 loss in 2Q 2024). Revenue: ₹235.8m (up 15% from 2Q 2024). Net income: ₹14.2m (up ₹14.4m from 2Q 2024). Profit margin: 6.0% (up from net loss in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 51% per year, which means it is well ahead of earnings. Announcement • Nov 11
Panache Digilife Limited to Report Q2, 2025 Results on Nov 11, 2024 Panache Digilife Limited announced that they will report Q2, 2025 results at 12:08 PM, Indian Standard Time on Nov 11, 2024 New Risk • Sep 16
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹600.0k (US$7.2k) 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 Interest payments are not well covered by earnings (1.4x net interest cover). Earnings have declined by 21% per year over the past 5 years. Market cap is less than US$10m (₹600.0k market cap, or US$7.2k). Announcement • Sep 02
Panache Digilife Limited, Annual General Meeting, Sep 26, 2024 Panache Digilife Limited, Annual General Meeting, Sep 26, 2024, at 15:00 Indian Standard Time. Reported Earnings • Aug 15
First quarter 2025 earnings released: ₹0.007 loss per share (vs ₹0.057 loss in 1Q 2024) First quarter 2025 results: ₹0.007 loss per share (improved from ₹0.057 loss in 1Q 2024). Revenue: ₹119.2m (up 100% from 1Q 2024). Net loss: ₹92.2k (loss narrowed 87% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings. Announcement • May 29
Panache Digilife Limited to Report Q4, 2024 Results on May 28, 2024 Panache Digilife Limited announced that they will report Q4, 2024 results on May 28, 2024 New Risk • Apr 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 Interest payments are not well covered by earnings (1.1x net interest cover). Earnings have declined by 14% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Profit margins are more than 30% lower than last year (0.5% net profit margin). Market cap is less than US$100m (₹1.02b market cap, or US$12.3m). New Risk • Feb 14
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹805.2m (US$9.70m) 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 Interest payments are not well covered by earnings (1.1x net interest cover). Earnings have declined by 14% per year over the past 5 years. Market cap is less than US$10m (₹805.2m market cap, or US$9.70m). Minor Risk Profit margins are more than 30% lower than last year (0.5% net profit margin). Reported Earnings • Feb 08
Third quarter 2024 earnings released: ₹0.30 loss per share (vs ₹0.002 profit in 3Q 2023) Third quarter 2024 results: ₹0.30 loss per share (down from ₹0.002 profit in 3Q 2023). Revenue: ₹152.9m (up 220% from 3Q 2023). Net loss: ₹3.59m (down ₹3.61m from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Reported Earnings • Nov 05
Second quarter 2024 earnings released: ₹0.015 loss per share (vs ₹0.09 profit in 2Q 2023) Second quarter 2024 results: ₹0.015 loss per share (down from ₹0.09 profit in 2Q 2023). Revenue: ₹206.7m (down 12% from 2Q 2023). Net loss: ₹178.1k (down 116% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Announcement • Nov 05
Panache Digilife Limited to Report Q2, 2024 Results on Nov 04, 2023 Panache Digilife Limited announced that they will report Q2, 2024 results at 4:00 PM, Indian Standard Time on Nov 04, 2023 New Risk • Oct 23
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹820.8m (US$9.87m) 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 Interest payments are not well covered by earnings (0.9x net interest cover). Earnings have declined by 17% per year over the past 5 years. Market cap is less than US$10m (₹820.8m market cap, or US$9.87m). Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Profit margins are more than 30% lower than last year (1.1% net profit margin). Announcement • Sep 02
Panache Digilife Limited, Annual General Meeting, Sep 29, 2023 Panache Digilife Limited, Annual General Meeting, Sep 29, 2023, at 15:00 Indian Standard Time. New Risk • Aug 17
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 Interest payments are not well covered by earnings (0.9x net interest cover). Share price has been highly volatile over the past 3 months (9.0% average weekly change). Earnings have declined by 17% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (1.1% net profit margin). Market cap is less than US$100m (₹955.8m market cap, or US$11.5m). Announcement • Aug 12
Panache Digilife Limited (NSEI:PANACHE) entered into an agreement to acquire remaining 50% stake in ICT Infratech Services Private Limited for INR 0.15 million. Panache Digilife Limited (NSEI:PANACHE) entered into an agreement to acquire remaining 50% stake in ICT Infratech Services Private Limited for INR 0.15 million on August 10, 2023. Panache Digilife will pay cash up to INR 1.5 lakhs to shareholder of ICT Infratech Services. Subsequent to the acquisition, ICT Infratech Services shall become Wholly Owned Subsidiary of Panache Digilife. As of March 31, 2023, ICT Infratech Services has reported nil revenue. The transaction is expected to complete in approximately 2 months. Announcement • Aug 11
Panache Digilife Limited (NSEI:PANACHE) agreed to acquire 26% stake in Cadcord Technologies Private Limited for INR 2.6 million. Panache Digilife Limited (NSEI:PANACHE) agreed to acquire 26% stake in Cadcord Technologies Private Limited for INR 2.6 million on August 10, 2023. As part of acquisition 52,703 shares will be acquired. Consideration will be paid in cash. Panache Digilife board approved the deal. For FY 2022-23 Cadcord Technologies reported turnover of INR 9.77 million. The transaction will be completed in approximately 3 months. Reported Earnings • Aug 11
First quarter 2024 earnings released: ₹0.057 loss per share (vs ₹0.20 profit in 1Q 2023) First quarter 2024 results: ₹0.057 loss per share (down from ₹0.20 profit in 1Q 2023). Revenue: ₹71.2m (down 76% from 1Q 2023). Net loss: ₹690.9k (down 129% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Aug 04
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to ₹84.45, the stock trades at a trailing P/E ratio of 77.2x. Average trailing P/E is 21x in the Tech industry in Asia. Total returns to shareholders of 47% over the past three years. New Risk • Jul 15
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 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.2x net interest cover). Earnings have declined by 21% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Profit margins are more than 30% lower than last year (1.2% net profit margin). Market cap is less than US$100m (₹901.8m market cap, or US$11.0m). Valuation Update With 7 Day Price Move • Jul 12
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹74.30, the stock trades at a trailing P/E ratio of 67.9x. Average trailing P/E is 19x in the Tech industry in Asia. Total returns to shareholders of 38% over the past three years. Reported Earnings • May 26
Full year 2023 earnings released: EPS: ₹1.10 (vs ₹1.22 in FY 2022) Full year 2023 results: EPS: ₹1.10 (down from ₹1.22 in FY 2022). Revenue: ₹1.13b (up 32% from FY 2022). Net income: ₹13.1m (down 10% from FY 2022). Profit margin: 1.2% (down from 1.7% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to ₹75.50, the stock trades at a trailing P/E ratio of 62.3x. Average trailing P/E is 14x in the Tech industry in Asia. Total returns to shareholders of 52% over the past three years. Reported Earnings • Feb 15
Third quarter 2023 earnings released: EPS: ₹0.002 (vs ₹0.15 in 3Q 2022) Third quarter 2023 results: EPS: ₹0.002 (down from ₹0.15 in 3Q 2022). Revenue: ₹50.6m (down 52% from 3Q 2022). Net income: ₹23.0k (down 99% from 3Q 2022). Profit margin: 0% (down from 1.7% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jan 31
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹70.85, the stock trades at a trailing P/E ratio of 52.2x. Average trailing P/E is 13x in the Tech industry in Asia. Total returns to shareholders of 9.5% over the past three years. Reported Earnings • Nov 17
Second quarter 2023 earnings released: EPS: ₹0.097 (vs ₹0.20 in 2Q 2022) Second quarter 2023 results: EPS: ₹0.097 (down from ₹0.20 in 2Q 2022). Revenue: ₹235.9m (up 169% from 2Q 2022). Net income: ₹1.13m (down 56% from 2Q 2022). Profit margin: 0.5% (down from 2.9% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Oct 28
Investor sentiment improved over the past week After last week's 16% share price gain to ₹73.90, the stock trades at a trailing P/E ratio of 50x. Average trailing P/E is 13x in the Tech industry in Asia. Total returns to shareholders of 46% over the past three years. Announcement • Sep 05
Panache Digilife Limited, Annual General Meeting, Sep 29, 2022 Panache Digilife Limited, Annual General Meeting, Sep 29, 2022, at 15:00 Indian Standard Time. Reported Earnings • Aug 12
First quarter 2023 earnings released: EPS: ₹0.20 (vs ₹0.064 loss in 1Q 2022) First quarter 2023 results: EPS: ₹0.20 (up from ₹0.064 loss in 1Q 2022). Revenue: ₹292.3m (up 80% from 1Q 2022). Net income: ₹2.35m (up ₹3.12m from 1Q 2022). Profit margin: 0.8% (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 7% per year whereas the company’s share price has increased by 11% per year. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment improved over the past week After last week's 25% share price gain to ₹77.40, the stock trades at a trailing P/E ratio of 63.6x. Average trailing P/E is 14x in the Tech industry in Asia. Total returns to shareholders of 55% over the past three years. Reported Earnings • May 26
Full year 2022 earnings released: EPS: ₹1.23 (vs ₹2.38 in FY 2021) Full year 2022 results: EPS: ₹1.23 (down from ₹2.38 in FY 2021). Revenue: ₹879.1m (up 13% from FY 2021). Net income: ₹14.6m (down 49% from FY 2021). Profit margin: 1.7% (down from 3.7% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Buying Opportunity • Feb 09
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 7.4%. The fair value is estimated to be ₹77.17, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 15% per annum over the last 3 years. Earnings per share has declined by 2.6% per annum over the last 3 years. Reported Earnings • Feb 07
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.15 (down from ₹0.48 in 3Q 2021). Revenue: ₹109.9m (down 47% from 3Q 2021). Net income: ₹1.78m (down 69% from 3Q 2021). Profit margin: 1.6% (down from 2.8% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Dec 13
Investor sentiment improved over the past week After last week's 20% share price gain to ₹72.35, the stock trades at a trailing P/E ratio of 65.2x. Average trailing P/E is 17x in the Tech industry in Asia. Total returns to shareholders of 74% over the past year. 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. Additional Independent Director Shailesh Gala was the last independent director to join the board, commencing their role in 2020. 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 • Oct 20
Investor sentiment improved over the past week After last week's 21% share price gain to ₹68.45, the stock trades at a trailing P/E ratio of 69.9x. Average trailing P/E is 17x in the Tech industry in Asia. Total returns to shareholders of 82% over the past three years. Reported Earnings • Aug 18
First quarter 2022 earnings released: ₹0.064 loss per share (vs ₹0.97 profit in 1Q 2021) The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2022 results: Revenue: ₹162.8m (down 21% from 1Q 2021). Net loss: ₹764.0k (down 107% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jul 07
Investor sentiment improved over the past week After last week's 33% share price gain to ₹80.20, the stock trades at a trailing P/E ratio of 33.6x. Average trailing P/E is 22x in the Tech industry in Asia. Total returns to shareholders of 63% over the past three years. Reported Earnings • Jul 03
Full year 2021 earnings released: EPS ₹2.39 (vs ₹1.59 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹775.8m (up 8.8% from FY 2020). Net income: ₹28.6m (up 50% from FY 2020). Profit margin: 3.7% (up from 2.7% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Executive Departure • Jun 22
Compliance Officer & Company Secretary Jinkle Khimsaria has left the company On the 15th of June, Jinkle Khimsaria's tenure as Compliance Officer & Company Secretary ended after 4.6 years in the role. We don't have any record of a personal shareholding under Jinkle's name. Jinkle is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 4.33 years. Valuation Update With 7 Day Price Move • Mar 19
Investor sentiment improved over the past week After last week's 18% share price gain to ₹56.25, the stock trades at a trailing P/E ratio of 23.5x. Average trailing P/E is 21x in the Tech industry in Asia. Total returns to shareholders of 11% over the past three years. Valuation Update With 7 Day Price Move • Mar 03
Investor sentiment improved over the past week After last week's 16% share price gain to ₹49.95, the stock is trading at a trailing P/E ratio of 20.9x, up from the previous P/E ratio of 18x. This compares to an average P/E of 20x in the Tech industry in Asia. Total return to shareholders over the past three years is a loss of 2.8%. Is New 90 Day High Low • Feb 15
New 90-day high: ₹50.20 The company is up 21% from its price of ₹41.60 on 17 November 2020. The Indian market is also up 21% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Tech industry, which is up 5.0% over the same period. Valuation Update With 7 Day Price Move • Feb 15
Investor sentiment improved over the past week After last week's 17% share price gain to ₹50.20, the stock is trading at a trailing P/E ratio of 21x, up from the previous P/E ratio of 17.9x. This compares to an average P/E of 19x in the Tech industry in Asia. Total return to shareholders over the past three years is a loss of 7.3%. Announcement • Jan 06
Panache Digilife Announces upcoming All in One Smart Compute Range of products Panache Digilife Limited announced Smart Compute range of products. These products have been designed with the aim of providing multi-tasking experience of video conferencing, digital learning and smart compute solutions. Salient features of "AIO range of products; In-Plane Switching Full HD Screen, Intel Core i Series 8th to 11th Generation Processor, Full HD Camera and Hot swappable HDD with Dual storage. Is New 90 Day High Low • Dec 12
New 90-day low: ₹40.95 The company is down 30% from its price of ₹58.40 on 11 September 2020. The Indian market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 11% over the same period. Is New 90 Day High Low • Nov 17
New 90-day low: ₹41.60 The company is down 26% from its price of ₹56.10 on 19 August 2020. The Indian market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is down 1.0% over the same period. Reported Earnings • Nov 15
Second quarter 2021 earnings released: EPS ₹0.46 The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: ₹154.3m (up 32% from 2Q 2020). Net income: ₹5.48m (up 23% from 2Q 2020). Profit margin: 3.6% (down from 3.8% in 2Q 2020). The decrease in margin was driven by higher expenses. Is New 90 Day High Low • Oct 27
New 90-day low: ₹43.55 The company is down 22% from its price of ₹55.50 on 29 July 2020. The Indian market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is down 5.0% over the same period. Is New 90 Day High Low • Oct 07
New 90-day low: ₹44.10 The company is down 6.0% from its price of ₹47.15 on 09 July 2020. The Indian market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is flat over the same period.