Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹124, the stock trades at a trailing P/E ratio of 21.7x. Average trailing P/E is 10x in the Infrastructure industry in India. Total returns to shareholders of 176% over the past three years. Valuation Update With 7 Day Price Move • Mar 05
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹100, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 10x in the Infrastructure industry in India. Total returns to shareholders of 121% over the past three years. Valuation Update With 7 Day Price Move • Dec 15
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to ₹135, the stock trades at a trailing P/E ratio of 23.5x. Average trailing P/E is 14x in the Infrastructure industry in India. Total returns to shareholders of 197% over the past three years. Announcement • Nov 05
Suyog Gurbaxani Funicular Ropeways Limited to Report First Half, 2026 Results on Nov 12, 2025 Suyog Gurbaxani Funicular Ropeways Limited announced that they will report first half, 2026 results on Nov 12, 2025 New Risk • Oct 22
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 8.5% 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 Debt is not well covered by operating cash flow (4.2% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (8.5% average weekly change). Minor Risk Market cap is less than US$100m (₹2.95b market cap, or US$33.6m). Valuation Update With 7 Day Price Move • Sep 12
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹130, the stock trades at a trailing P/E ratio of 37.2x. Average trailing P/E is 17x in the Infrastructure industry in India. Total returns to shareholders of 177% over the past three years. New Risk • Sep 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 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: Major Risk Debt is not well covered by operating cash flow (4.2% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Market cap is less than US$100m (₹3.06b market cap, or US$34.8m). Reported Earnings • Sep 05
Full year 2025 earnings released: EPS: ₹3.50 (vs ₹2.25 in FY 2024) Full year 2025 results: EPS: ₹3.50 (up from ₹2.25 in FY 2024). Revenue: ₹530.1m (down 16% from FY 2024). Net income: ₹86.9m (up 56% from FY 2024). Profit margin: 16% (up from 8.8% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth. Announcement • Sep 01
Suyog Gurbaxani Funicular Ropeways Limited, Annual General Meeting, Sep 23, 2025 Suyog Gurbaxani Funicular Ropeways Limited, Annual General Meeting, Sep 23, 2025, at 11:30 Indian Standard Time. Valuation Update With 7 Day Price Move • Jun 04
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹121, the stock trades at a trailing P/E ratio of 34.5x. Average trailing P/E is 17x in the Infrastructure industry in India. Total returns to shareholders of 165% over the past three years. Reported Earnings • May 28
Full year 2025 earnings released: EPS: ₹3.50 (vs ₹2.25 in FY 2024) Full year 2025 results: EPS: ₹3.50 (up from ₹2.25 in FY 2024). Revenue: ₹530.2m (down 16% from FY 2024). Net income: ₹86.9m (up 56% from FY 2024). Profit margin: 16% (up from 8.8% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth. Announcement • May 27
Suyog Gurbaxani Funicular Ropeways Limited Approves Appointment of Ameya Dhananjay Bodas as Company Secretary and Compliance Officer, Effective June 01, 2025 Suyog Gurbaxani Funicular Ropeways Limited at its meeting held on May 27, 2025 approved the appointment of Mr. Ameya Dhananjay Bodas as the Company Secretary and Compliance Officer of the Company with effect from June 01, 2025. Amey Dhananjay Bodas is an experienced Company Secretary registered with the Institute of Company Secretaries of India (ICSI). With over a decade of experience, he has worked with reputed firms. His expertise includes company and LLP incorporations, ROC filings, board and general meeting compliances, NCLT matters, SEBI filings, secretarial audits, and due diligence. He is well-versed in corporate governance and advisory under the Companies Act, 2013. Announcement • May 19
Suyog Gurbaxani Funicular Ropeways Limited to Report Q4, 2025 Results on May 27, 2025 Suyog Gurbaxani Funicular Ropeways Limited announced that they will report Q4, 2025 results on May 27, 2025 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 7.7% 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: Major Risk Interest payments are not well covered by earnings (1.9x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Profit margins are more than 30% lower than last year (3.8% net profit margin). Market cap is less than US$100m (₹4.98b market cap, or US$57.5m). Announcement • Feb 06
Suyog Gurbaxani Funicular Ropeways Limited to Report Q3, 2025 Results on Feb 12, 2025 Suyog Gurbaxani Funicular Ropeways Limited announced that they will report Q3, 2025 results on Feb 12, 2025 Board Change • Feb 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. Non-Executive Independent Director Nandu Basu was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Nov 15
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.8% Last year net profit margin: 18% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.9x net interest cover). Minor Risks Profit margins are more than 30% lower than last year (3.8% net profit margin). Market cap is less than US$100m (₹4.46b market cap, or US$52.8m). Announcement • Nov 14
Suyog Gurbaxani Funicular Ropeways Limited Announces Appointment of Deepak V. Sohoni as Company Secretary and Compliance Officer Suyog Gurbaxani Funicular Ropeways Limited announced that the Board of Directors of the Company in its meeting held on November 13, 2024, has approved appointment of Mr. Deepak V. Sohoni (Membership No: A26421), as Company Secretary & Compliance Officer of the Company with effect from November 14, 2024. Mr. Deepak Sohoni (ACS 26421) is an Associate Member of the Institute of Company Secretaries of India (ICSI) with over vast professional experience in Secretarial Functions and Corporate Affairs, having worked with ICICI Bank Limited, Jurisearch Services (Bombay) Private Limited, Global Towers Limited. He also holds a Master of Commerce (M. Com) and a Bachelor of Law (LLB) degree. Announcement • Nov 09
Suyog Gurbaxani Funicular Ropeways Limited to Report First Half, 2025 Results on Nov 13, 2024 Suyog Gurbaxani Funicular Ropeways Limited announced that they will report first half, 2025 results on Nov 13, 2024 Valuation Update With 7 Day Price Move • Aug 14
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹164, the stock trades at a trailing P/E ratio of 73.1x. Average trailing P/E is 33x in the Infrastructure industry in India. Total returns to shareholders of 103% over the past year. Announcement • Aug 13
Suyog Gurbaxani Funicular Ropeways Limited, Annual General Meeting, Sep 27, 2024 Suyog Gurbaxani Funicular Ropeways Limited, Annual General Meeting, Sep 27, 2024, at 11:30 Indian Standard Time. New Risk • May 26
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Share price has been volatile over the past 3 months (7.9% average weekly change). Revenue is less than US$5m (₹228m revenue, or US$2.7m). Market cap is less than US$100m (₹3.80b market cap, or US$45.8m). Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹125, the stock trades at a trailing P/E ratio of 77.7x. Average trailing P/E is 38x in the Infrastructure industry in India. Valuation Update With 7 Day Price Move • Mar 06
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to ₹129, the stock trades at a trailing P/E ratio of 80x. Average trailing P/E is 37x in the Infrastructure industry in India. Total returns to shareholders of 184% over the past year. Valuation Update With 7 Day Price Move • Jan 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹98.47, the stock trades at a trailing P/E ratio of 61.2x. Average trailing P/E is 39x in the Infrastructure industry in India. Valuation Update With 7 Day Price Move • Jan 01
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹77.04, the stock trades at a trailing P/E ratio of 47.9x. Average trailing P/E is 31x in the Infrastructure industry in India. Total returns to shareholders of 56% over the past year. Reported Earnings • Sep 03
Full year 2023 earnings released: EPS: ₹0.001 (vs ₹2.79 loss in FY 2022) Full year 2023 results: EPS: ₹0.001 (up from ₹2.79 loss in FY 2022). Revenue: ₹180.3m (up 124% from FY 2022). Net income: ₹3.14m (up ₹72.5m from FY 2022). Profit margin: 1.7% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Announcement • Aug 15
Suyog Gurbaxani Funicular Ropeways Limited, Annual General Meeting, Sep 25, 2023 Suyog Gurbaxani Funicular Ropeways Limited, Annual General Meeting, Sep 25, 2023, at 11:30 Indian Standard Time. Board Change • Jun 19
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Nandan Basu was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jun 02
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Nandan Basu was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • May 19
Suyog Gurbaxani Funicular Ropeways Limited to Report Fiscal Year 2023 Results on May 29, 2023 Suyog Gurbaxani Funicular Ropeways Limited announced that they will report fiscal year 2023 results on May 29, 2023 Board Change • May 04
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Nandan Basu was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 17
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Nandan Basu was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Mar 08
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Nandan Basu was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 02
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Manisha Shelar 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. Announcement • Nov 03
Suyog Gurbaxani Funicular Ropeways Limited to Report First Half, 2023 Results on Nov 09, 2022 Suyog Gurbaxani Funicular Ropeways Limited announced that they will report first half, 2023 results on Nov 09, 2022 Announcement • Sep 29
Suyog Gurbaxani Funicular Ropeways Limited Approves Board Appointments Suyog Gurbaxani Funicular Ropeways Limited at the annual general meeting held on September 28, 2022 approved the appointment of Mr. Aditya R. Gurbaxani as Non-Executive Director of the company, Mr. Suyash Lature as a Non-Executive Director of the company and Ms. Manisha Suyog Shelar as an independent director. Reported Earnings • Sep 10
Full year 2022 earnings released: ₹2.79 loss per share (vs ₹3.91 loss in FY 2021) Full year 2022 results: ₹2.79 loss per share (improved from ₹3.91 loss in FY 2021). Revenue: ₹80.6m (up 80% from FY 2021). Net loss: ₹69.4m (loss narrowed 13% from FY 2021). Board Change • Sep 06
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. 2 independent directors (4 non-independent directors). Non Executive Independent Director Ramlal Sarote was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Sep 01
Suyog Gurbaxani Funicular Ropeways Limited, Annual General Meeting, Sep 28, 2022 Suyog Gurbaxani Funicular Ropeways Limited, Annual General Meeting, Sep 28, 2022, at 11:00 Indian Standard Time. Board Change • Aug 17
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. 2 independent directors (4 non-independent directors). Non Executive Independent Director Ramlal Sarote was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Jul 18
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. 2 independent directors (4 non-independent directors). Non Executive Independent Director Ramlal Sarote was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Jul 18
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. 2 independent directors (4 non-independent directors). Non Executive Independent Director Ramlal Sarote was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Jun 24
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. 2 independent directors (4 non-independent directors). Non Executive Independent Director Ramlal Sarote was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • May 26
Suyog Gurbaxani Funicular Ropeways Limited to Report Q4, 2022 Results on May 30, 2022 Suyog Gurbaxani Funicular Ropeways Limited announced that they will report Q4, 2022 results on May 30, 2022 Board Change • May 06
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. 2 independent directors (4 non-independent directors). Non Executive Independent Director Ramlal Sarote was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Apr 16
Suyog Gurbaxani Funicular Ropeways Limited Announces Management Changes Suyog Gurbaxani Funicular Ropeways Limited announced that Chirag Kalra to take other assignments outside Suyog Gurbaxani Funicular Ropeways Limited has resigned from the post of the Company Secretary & Compliance Officer with effect from April 15, 2022. Additionally, Pratima Ashok Hirani a qualified member of Institute of Company Secretaries of India vide Board Meeting held on April 15, 2022 has been appointed as Company Secretary & Compliance Officer of the Company with immediate effect. Board Change • Nov 17
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. 4 non-independent directors. Non Executive Independent Director Ramlal Sarote was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.