Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹7.95, the stock trades at a trailing P/E ratio of 50.7x. Average trailing P/E is 26x in the Diversified Financial industry in India. Negligible returns to shareholders over past three years. Valuation Update With 7 Day Price Move • Jun 05
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹10.58, the stock trades at a trailing P/E ratio of 67.4x. Average trailing P/E is 25x in the Diversified Financial industry in India. Total returns to shareholders of 13% over the past three years. New Risk • May 26
New major risk - Revenue and earnings growth Earnings have declined by 2.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 2.8% per year over the past 5 years. Revenue is less than US$1m (₹5.2m revenue, or US$55k). Market cap is less than US$10m (₹93.5m market cap, or US$981.5k). Minor Risk Share price has been volatile over the past 3 months (9.6% average weekly change). Announcement • May 18
Anjani Finance Limited to Report Q4, 2026 Results on May 25, 2026 Anjani Finance Limited announced that they will report Q4, 2026 results on May 25, 2026 Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹10.72, the stock trades at a trailing P/E ratio of 50.1x. Average trailing P/E is 21x in the Diversified Financial industry in India. Total returns to shareholders of 45% over the past three years. Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹9.00, the stock trades at a trailing P/E ratio of 42.1x. Average trailing P/E is 21x in the Diversified Financial industry in India. Total returns to shareholders of 26% over the past three years. New Risk • Feb 11
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: 33% Last year net profit margin: 55% 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 Risks Revenue is less than US$1m (₹6.6m revenue, or US$73k). Market cap is less than US$10m (₹117.7m market cap, or US$1.30m). Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Profit margins are more than 30% lower than last year (33% net profit margin). Announcement • Feb 02
Anjani Finance Limited to Report Q3, 2026 Results on Feb 10, 2026 Anjani Finance Limited announced that they will report Q3, 2026 results on Feb 10, 2026 New Risk • Jan 05
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 8.7% 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 (8.7% average weekly change). Revenue is less than US$1m (₹8.8m revenue, or US$98k). Market cap is less than US$10m (₹130.1m market cap, or US$1.44m). New Risk • Dec 01
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 Share price has been highly volatile over the past 3 months (8.5% average weekly change). Revenue is less than US$1m (₹8.8m revenue, or US$99k). Market cap is less than US$10m (₹123.8m market cap, or US$1.39m). Announcement • Oct 27
Anjani Finance Limited to Report Q2, 2026 Results on Nov 05, 2025 Anjani Finance Limited announced that they will report Q2, 2026 results on Nov 05, 2025 Valuation Update With 7 Day Price Move • Oct 09
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹13.57, the stock trades at a trailing P/E ratio of 35.1x. Average trailing P/E is 25x in the Diversified Financial industry in India. Total returns to shareholders of 178% over the past three years. Announcement • Oct 01
Anjani Finance Limited Appoints Kalpana Jain as Managing Director Anjani Finance Limited at its AGM held on September 30, 2025, approved the appointment of Mrs. Kalpana Jain as Managing Director of the company. Announcement • Sep 03
Anjani Finance Limited, Annual General Meeting, Sep 30, 2025 Anjani Finance Limited, Annual General Meeting, Sep 30, 2025, at 15:00 Indian Standard Time. New Risk • Sep 03
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: Major Risks Revenue is less than US$1m (₹9.0m revenue, or US$102k). Market cap is less than US$10m (₹115.0m market cap, or US$1.31m). Minor Risk Share price has been volatile over the past 3 months (6.6% average weekly change). Board Change • Sep 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. 1 experienced director. 3 highly experienced directors. Non Executive Independent Director Sarthak Agrawal 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. Announcement • Aug 05
Anjani Finance Limited Announces Change in Company Secretary, Compliance Officer & Key Managerial Personnel, Effective from 05 August, 2025 Anjani Finance Limited announced resignation of Mr. Nasir Khan, Company Secretary, Compliance Officer & Key Managerial Personnel (KMP) of the Company vide his letter dated 05 August, 2025 and appointment of Mr. Utsav Agrawal (ACS: A76695), as a Company Secretary and Key Managerial Person and further as a Compliance Officer of the with effect from 05 August, 2025. Announcement • Jul 24
Anjani Finance Limited to Report Q1, 2026 Results on Aug 05, 2025 Anjani Finance Limited announced that they will report Q1, 2026 results on Aug 05, 2025 Announcement • May 19
Anjani Finance Limited to Report Q4, 2025 Results on May 28, 2025 Anjani Finance Limited announced that they will report Q4, 2025 results on May 28, 2025 Reported Earnings • Feb 11
Third quarter 2025 earnings released: EPS: ₹0.19 (vs ₹0.09 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.19 (up from ₹0.09 in 3Q 2024). Revenue: ₹3.41m (up 30% from 3Q 2024). Net income: ₹1.95m (up 110% from 3Q 2024). Profit margin: 57% (up from 35% in 3Q 2024). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 28
Anjani Finance Limited to Report Q3, 2025 Results on Feb 10, 2025 Anjani Finance Limited announced that they will report Q3, 2025 results on Feb 10, 2025 Reported Earnings • Oct 26
Second quarter 2025 earnings released: EPS: ₹0.11 (vs ₹0.29 in 2Q 2024) Second quarter 2025 results: EPS: ₹0.11 (down from ₹0.29 in 2Q 2024). Revenue: ₹1.78m (down 57% from 2Q 2024). Net income: ₹1.15m (down 61% from 2Q 2024). Profit margin: 65% (down from 72% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 37% per year whereas the company’s share price has increased by 42% per year. Announcement • Oct 15
Anjani Finance Limited to Report Q2, 2025 Results on Oct 25, 2024 Anjani Finance Limited announced that they will report Q2, 2025 results on Oct 25, 2024 New Risk • Aug 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 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (₹13m revenue, or US$151k). Market cap is less than US$10m (₹128.7m market cap, or US$1.53m). Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Profit margins are more than 30% lower than last year (51% net profit margin). Announcement • Aug 27
Anjani Finance Limited, Annual General Meeting, Sep 25, 2024 Anjani Finance Limited, Annual General Meeting, Sep 25, 2024, at 15:00 Indian Standard Time. Announcement • Jul 29
Anjani Finance Limited to Report Q1, 2025 Results on Aug 12, 2024 Anjani Finance Limited announced that they will report Q1, 2025 results on Aug 12, 2024 Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹12.88, the stock trades at a trailing P/E ratio of 3.3x. Average trailing P/E is 26x in the Diversified Financial industry in India. Total returns to shareholders of 44% over the past three years. Announcement • May 20
Anjani Finance Limited to Report Fiscal Year 2024 Results on May 29, 2024 Anjani Finance Limited announced that they will report fiscal year 2024 results on May 29, 2024 Reported Earnings • Feb 06
Third quarter 2024 earnings released: EPS: ₹0.09 (vs ₹2.96 in 3Q 2023) Third quarter 2024 results: EPS: ₹0.09 (down from ₹2.96 in 3Q 2023). Net income: ₹926.0k (down 97% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 55% per year, which means it is significantly lagging earnings growth. Announcement • Jan 23
Anjani Finance Limited to Report Q2, 2024 Results on Feb 05, 2024 Anjani Finance Limited announced that they will report Q2, 2024 results on Feb 05, 2024 Valuation Update With 7 Day Price Move • Jan 18
Investor sentiment improves as stock rises 33% After last week's 33% share price gain to ₹14.88, the stock trades at a trailing P/E ratio of 2.2x. Average trailing P/E is 27x in the Diversified Financial industry in India. Total returns to shareholders of 420% over the past three years. Announcement • Oct 26
Anjani Finance Limited to Report Q2, 2024 Results on Nov 08, 2023 Anjani Finance Limited announced that they will report Q2, 2024 results on Nov 08, 2023 Announcement • Aug 24
Anjani Finance Limited, Annual General Meeting, Sep 27, 2023 Anjani Finance Limited, Annual General Meeting, Sep 27, 2023, at 15:00 Indian Standard Time. Location: The Agarwal Corporate House, 5th Floor, 1 Sanjana Park, ADJ. Agarwal Public School, Bicholi Mardana Road Indore Madhya Pradesh India Agenda: To receive, consider and adopt the Balance Sheet as on March 3it,2023, Statement Profit and Loss, Cash Flow Statement, Statement of changes in equity and Notes on accounts for the year ended March 31, 2023 along with report of Board of directors and auditors thereon and if thought fit; and to consider any other matters. Announcement • May 19
Anjani Finance Limited to Report Fiscal Year 2023 Results on May 29, 2023 Anjani Finance Limited announced that they will report fiscal year 2023 results on May 29, 2023 Valuation Update With 7 Day Price Move • Feb 27
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹9.13, the stock trades at a trailing P/E ratio of 3.8x. Average trailing P/E is 21x in the Diversified Financial industry in India. Total returns to shareholders of 871% over the past three years. Recent Insider Transactions • Feb 14
MD & Executive Director recently bought ₹128k worth of stock On the 10th of February, Sanjay Agarwal bought around 15k shares on-market at roughly ₹8.32 per share. This transaction amounted to 4.1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₹134k. Sanjay has been a buyer over the last 12 months, purchasing a net total of ₹614k worth in shares. Valuation Update With 7 Day Price Move • Feb 03
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹8.34, the stock trades at a trailing P/E ratio of 3.5x. Average trailing P/E is 21x in the Diversified Financial industry in India. Total returns to shareholders of 672% over the past three years. Announcement • Jan 17
Anjani Finance Limited to Report Q3, 2023 Results on Jan 27, 2023 Anjani Finance Limited announced that they will report Q3, 2023 results at 4:00 PM, Indian Standard Time on Jan 27, 2023 Recent Insider Transactions • Nov 16
MD & Executive Director recently bought ₹50k worth of stock On the 14th of November, Sanjay Agarwal bought around 10k shares on-market at roughly ₹5.01 per share. This transaction amounted to 5.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Sanjay's only on-market trade for the last 12 months. Announcement • Aug 31
Anjani Finance Limited, Annual General Meeting, Sep 30, 2022 Anjani Finance Limited, Annual General Meeting, Sep 30, 2022, at 16:00 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Financial Statement as 31 March 2022, containing Audited Balance sheet as at 31 March, 2022 and the statement of profit & Loss and cash flow for year ended on that date and the Reports of Board's and Auditor's thereon on that date. Reported Earnings • Aug 01
First quarter 2023 earnings released: EPS: ₹0.33 (vs ₹0.34 in 1Q 2022) First quarter 2023 results: EPS: ₹0.33 (down from ₹0.34 in 1Q 2022). Net income: ₹3.36m (down 3.7% from 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 126 percentage points per year, which is a significant difference in performance. Announcement • Jul 21
Anjani Finance Limited to Report Q1, 2023 Results on Jul 29, 2022 Anjani Finance Limited announced that they will report Q1, 2023 results on Jul 29, 2022 Board Change • Apr 27
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. 3 experienced directors. 1 highly experienced director. Non Executive & Non Independent Director Champalal Dangi was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment improved over the past week After last week's 15% share price gain to ₹6.89, the stock trades at a trailing P/E ratio of 15.5x. Average trailing P/E is 19x in the Renewable Energy industry in India. Total returns to shareholders of 155% over the past three years. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment deteriorated over the past week After last week's 24% share price decline to ₹5.26, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 19x in the Renewable Energy industry in India. Total returns to shareholders of 114% over the past three years. Reported Earnings • Feb 13
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.34 (up from ₹0.12 in 3Q 2021). Revenue: ₹3.19m (up 17% from 3Q 2021). Net income: ₹3.49m (up 195% from 3Q 2021). Revenue was in line with analyst estimates. Valuation Update With 7 Day Price Move • Dec 28
Investor sentiment improved over the past week After last week's 22% share price gain to ₹5.83, the stock trades at a trailing P/E ratio of 26.8x. Average trailing P/E is 25x in the Renewable Energy industry in India. Total returns to shareholders of 148% over the past three years. Board Change • Nov 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. 3 experienced directors. 1 highly experienced director. Non Executive & Non Independent Director Champalal Dangi was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 20
Second quarter 2022 earnings released: ₹0.25 loss per share (vs ₹0.02 profit in 2Q 2021) The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2022 results: Revenue: ₹2.96m (down 5.5% from 2Q 2021). Net loss: ₹2.49m (down ₹2.74m from profit in 2Q 2021). Board Change • Oct 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. 3 experienced directors. 1 highly experienced director. Non Executive & Non Independent Director Champalal Dangi was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Sep 03
Investor sentiment improved over the past week After last week's 17% share price gain to ₹5.79, the stock trades at a trailing P/E ratio of 12.1x. Average trailing P/E is 12x in the Renewable Energy industry in India. Total returns to shareholders of 143% over the past three years. Reported Earnings • Jul 20
First quarter 2022 earnings released: EPS ₹0.34 (vs ₹0.08 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹4.72m (up 44% from 1Q 2021). Net income: ₹1.45m (up 71% from 1Q 2021). Profit margin: 31% (up from 26% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment deteriorated over the past week After last week's 22% share price decline to ₹6.96, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 16x in the Renewable Energy industry in India. Total returns to shareholders of 130% over the past three years. Executive Departure • Jun 16
Chief Financial Officer Jitendra Soni has left the company During their tenure, earnings grew by 169% annually compared to the industry average of 11%. On the 10th of June, Jitendra Soni left the company after less than a year in the role. We don't have any record of a personal shareholding under Jitendra's name. A total of 2 executives have left over the last 12 months. Reported Earnings • Jun 12
Full year 2021 earnings released: EPS ₹0.42 (vs ₹0.25 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹13.0m (up 40% from FY 2020). Net income: ₹5.12m (up 99% from FY 2020). Profit margin: 40% (up from 28% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment improved over the past week After last week's 17% share price gain to ₹8.26, the stock trades at a trailing P/E ratio of 37.1x. Average trailing P/E is 10x in the Renewable Energy industry in India. Total returns to shareholders of 160% over the past three years. Reported Earnings • Feb 07
Third quarter 2021 earnings released: EPS ₹0.12 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹2.73m (up 264% from 3Q 2020). Net income: ₹1.18m (up ₹1.50m from 3Q 2020). Profit margin: 43% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • Jan 28
Anjani Finance Limited to Report Q3, 2021 Results on Feb 05, 2021 Anjani Finance Limited announced that they will report Q3, 2021 results on Feb 05, 2021 Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment improved over the past week After last week's 20% share price gain to ₹1.45, the stock is trading at a trailing P/E ratio of 10.4x, up from the previous P/E ratio of 8.7x. This compares to an average P/E of 9x in the Renewable Energy industry in India. Total return to shareholders over the past three years is a loss of 70%. Is New 90 Day High Low • Dec 07
New 90-day high: ₹1.11 The company is up 13% from its price of ₹0.98 on 04 September 2020. The Indian market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 45% over the same period. Announcement • Sep 03
Anjani Finance Limited to Report Q1, 2021 Results on Sep 14, 2020 Anjani Finance Limited announced that they will report Q1, 2021 results on Sep 14, 2020 Announcement • Aug 28
Commander Industries Private Limited acquired 30.28% stake in Anjani Finance Limited (BSE:531878) for approximately INR 340 million. Commander Industries Private Limited acquired 30.28% stake in Anjani Finance Limited (BSE:531878) for approximately INR 340 million on August 19, 2020. The consideration is paid in 2.47 million common stock of Commander Industries Private Limited. The transaction is approved by NCLT Ahemdabad.
Commander Industries Private Limited completed the acquisition of 30.28% stake in Anjani Finance Limited (BSE:531878) for approximately INR 340 million on August 19, 2020. Announcement • Jul 18
Anjani Finance Limited to Report Q4, 2020 Results on Jul 31, 2020 Anjani Finance Limited announced that they will report Q4, 2020 results on Jul 31, 2020 
