Board Change • Aug 20
High number of new directors Director of Operations & Director Anil Gupta was the last director to join the board, commencing their role in 2026. New Risk • Aug 17
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: 9.6% Last year net profit margin: 14% 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: Minor Risks Profit margins are more than 30% lower than last year (9.6% net profit margin). Market cap is less than US$100m (₹1.39b market cap, or US$14.5m). Reported Earnings • Aug 13
First quarter 2027 earnings released: EPS: ₹0.16 (vs ₹0.33 in 1Q 2026) First quarter 2027 results: EPS: ₹0.16 (down from ₹0.33 in 1Q 2026). Revenue: ₹184.4m (up 12% from 1Q 2026). Net income: ₹45.9m (down 47% from 1Q 2026). Profit margin: 25% (down from 53% in 1Q 2026). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings. Tillkännagivande • Aug 05
Ruchi Infrastructure Limited to Report Q1, 2027 Results on Aug 11, 2026 Ruchi Infrastructure Limited announced that they will report Q1, 2027 results on Aug 11, 2026 Reported Earnings • May 30
Full year 2026 earnings released: EPS: ₹0.32 (vs ₹0.069 loss in FY 2025) Full year 2026 results: EPS: ₹0.32 (up from ₹0.069 loss in FY 2025). Revenue: ₹707.7m (up 21% from FY 2025). Net income: ₹100.0m (up ₹116.0m from FY 2025). Profit margin: 14% (up from net loss in FY 2025). 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 9% per year, which means it is significantly lagging earnings. Tillkännagivande • May 25
Ruchi Infrastructure Limited to Report Q4, 2026 Results on May 28, 2026 Ruchi Infrastructure Limited announced that they will report Q4, 2026 results on May 28, 2026 New Risk • Apr 02
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 9.7% 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 (9.7% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₹1.40b market cap, or US$15.1m). Valuation Update With 7 Day Price Move • Apr 02
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹5.94, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 24x in the Consumer Retailing industry in India. Total loss to shareholders of 31% over the past three years. Reported Earnings • Feb 12
Third quarter 2026 earnings released: ₹0.014 loss per share (vs ₹0.08 loss in 3Q 2025) Third quarter 2026 results: ₹0.014 loss per share (improved from ₹0.08 loss in 3Q 2025). Revenue: ₹137.4m (up 2.6% from 3Q 2025). Net loss: ₹4.60m (loss narrowed 59% from 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Tillkännagivande • Feb 05
Ruchi Infrastructure Limited to Report Q3, 2026 Results on Feb 10, 2026 Ruchi Infrastructure Limited announced that they will report Q3, 2026 results on Feb 10, 2026 Reported Earnings • Nov 14
Second quarter 2026 earnings released: EPS: ₹0.02 (vs ₹0.05 loss in 2Q 2025) Second quarter 2026 results: EPS: ₹0.02 (up from ₹0.05 loss in 2Q 2025). Revenue: ₹169.0m (up 13% from 2Q 2025). Net income: ₹14.3m (up ₹18.1m from 2Q 2025). Profit margin: 8.5% (up from net loss in 2Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance. Tillkännagivande • Nov 08
Ruchi Infrastructure Limited to Report Q2, 2026 Results on Nov 13, 2025 Ruchi Infrastructure Limited announced that they will report Q2, 2026 results on Nov 13, 2025 Tillkännagivande • Aug 13
Ruchi Infrastructure Limited, Annual General Meeting, Sep 23, 2025 Ruchi Infrastructure Limited, Annual General Meeting, Sep 23, 2025, at 15:45 Indian Standard Time. Reported Earnings • Aug 09
First quarter 2026 earnings released: EPS: ₹0.33 (vs ₹0.06 in 1Q 2025) First quarter 2026 results: EPS: ₹0.33 (up from ₹0.06 in 1Q 2025). Revenue: ₹232.4m (up 47% from 1Q 2025). Net income: ₹87.0m (up 296% from 1Q 2025). Profit margin: 37% (up from 14% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance. Tillkännagivande • Aug 08
Ruchi Infrastructure Limited Approves Re-Constitution of Audit and Nomination & Remuneration Committee The board of directors of Ruchi Infrastructure Limited in accordance with provisions of Regulation 33 of the said Regulations at its meeting held on 8" August, 2025. The Board of Directors of the Company approved following corporate actions: Re-constitution of Audit Committee of the Board, which now comprises of Mr. Mohan Das Kabra (DIN: 07896243) as chairperson and Mr. Krishna Das Gupta (DIN: 00374379), Mr. Narendra Shah (DIN: 02143172) and Mrs. Ruchi Joshi Meratia (DIN: 07406575) as members, with effect from 8" August, 2025. Re-constitution of Nomination & Remuneration Committee of the Board, which now comprises of Ruchi Joshi Meratia (DIN: 07406575) as chairperson and Mr. Krishna Das Gupta (DIN: 00374379), Mr. Mohan Das Kabra (DIN: 07896243) and Mr. Ashutosh Pandey (DIN: 07828687) as members, with effect from 8" August, 2025. Tillkännagivande • Aug 04
Ruchi Infrastructure Limited to Report Q1, 2026 Results on Aug 08, 2025 Ruchi Infrastructure Limited announced that they will report Q1, 2026 results on Aug 08, 2025 Reported Earnings • May 29
Full year 2025 earnings released: EPS: ₹0.018 (vs ₹0.50 in FY 2024) Full year 2025 results: EPS: ₹0.018 (down from ₹0.50 in FY 2024). Revenue: ₹647.8m (up 1.5% from FY 2024). Net income: ₹16.8m (down 84% from FY 2024). Profit margin: 2.6% (down from 17% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance. Tillkännagivande • May 23
Ruchi Infrastructure Limited to Report Q4, 2025 Results on May 28, 2025 Ruchi Infrastructure Limited announced that they will report Q4, 2025 results on May 28, 2025 New Risk • May 21
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 9.7% 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 Risk Share price has been highly volatile over the past 3 months (9.7% average weekly change). Minor Risk Market cap is less than US$100m (₹1.94b market cap, or US$22.6m). New Risk • Mar 28
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 8.7% 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 (8.7% average weekly change). Significant insider selling over the past 3 months (₹9.1m sold). Market cap is less than US$100m (₹1.55b market cap, or US$18.2m). Buy Or Sell Opportunity • Mar 18
Now 27% overvalued Over the last 90 days, the stock has fallen 36% to ₹7.66. The fair value is estimated to be ₹6.03, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.0% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Feb 06
Third quarter 2025 earnings released: ₹0.08 loss per share (vs ₹0.03 profit in 3Q 2024) Third quarter 2025 results: ₹0.08 loss per share (down from ₹0.03 profit in 3Q 2024). Revenue: ₹140.8m (down 4.2% from 3Q 2024). Net loss: ₹11.2m (down 267% from profit in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance. Tillkännagivande • Jan 30
Ruchi Infrastructure Limited to Report Q3, 2025 Results on Feb 05, 2025 Ruchi Infrastructure Limited announced that they will report Q3, 2025 results on Feb 05, 2025 Reported Earnings • Nov 12
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: ₹155.0m (flat on 2Q 2024). Net loss: ₹3.80m (down 104% from profit in 2Q 2024). 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 23% per year, which means it is well ahead of earnings. Tillkännagivande • Nov 05
Ruchi Infrastructure Limited to Report Q2, 2025 Results on Nov 11, 2024 Ruchi Infrastructure Limited announced that they will report Q2, 2025 results at 4:00 PM, Indian Standard Time on Nov 11, 2024 New Risk • Aug 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.4% 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 (1.2x net interest cover). Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (9.5% increase in shares outstanding). Significant insider selling over the past 3 months (₹14m sold). Market cap is less than US$100m (₹4.23b market cap, or US$50.4m). Valuation Update With 7 Day Price Move • Aug 26
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹16.69, the stock trades at a trailing P/E ratio of 34.8x. Average trailing P/E is 36x in the Consumer Retailing industry in India. Total returns to shareholders of 123% over the past three years. Tillkännagivande • Aug 13
Ruchi Infrastructure Limited, Annual General Meeting, Sep 16, 2024 Ruchi Infrastructure Limited, Annual General Meeting, Sep 16, 2024, at 15:30 Indian Standard Time. New Risk • Aug 10
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.2x net interest cover). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (9.5% increase in shares outstanding). Significant insider selling over the past 3 months (₹7.2m sold). Market cap is less than US$100m (₹3.50b market cap, or US$41.6m). Reported Earnings • Aug 08
First quarter 2025 earnings released: EPS: ₹0.06 (vs ₹0.19 in 1Q 2024) First quarter 2025 results: EPS: ₹0.06 (down from ₹0.19 in 1Q 2024). Revenue: ₹164.7m (flat on 1Q 2024). Net income: ₹22.0m (down 55% from 1Q 2024). Profit margin: 13% (down from 30% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Aug 01
Ruchi Infrastructure Limited to Report Q1, 2025 Results on Aug 07, 2024 Ruchi Infrastructure Limited announced that they will report Q1, 2025 results at 4:00 PM, Indian Standard Time on Aug 07, 2024 Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹14.35, the stock trades at a trailing P/E ratio of 23x. Average trailing P/E is 42x in the Consumer Retailing industry in India. Total returns to shareholders of 66% over the past three years. Reported Earnings • May 22
Full year 2024 earnings released: EPS: ₹0.57 (vs ₹0.098 loss in FY 2023) Full year 2024 results: EPS: ₹0.57 (up from ₹0.098 loss in FY 2023). Revenue: ₹708.9m (up 10% from FY 2023). Net income: ₹140.1m (up ₹160.2m from FY 2023). Profit margin: 20% (up from net loss in FY 2023). Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 19% per year. Tillkännagivande • May 17
Ruchi Infrastructure Limited to Report Q4, 2024 Results on May 21, 2024 Ruchi Infrastructure Limited announced that they will report Q4, 2024 results on May 21, 2024 Valuation Update With 7 Day Price Move • Mar 28
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹12.15, the stock trades at a trailing P/E ratio of 29.2x. Average trailing P/E is 30x in the Consumer Retailing industry in India. Total returns to shareholders of 99% over the past three years. Reported Earnings • Feb 06
Third quarter 2024 earnings released: EPS: ₹0.03 (vs ₹0.14 loss in 3Q 2023) Third quarter 2024 results: EPS: ₹0.03 (up from ₹0.14 loss in 3Q 2023). Revenue: ₹157.3m (down 13% from 3Q 2023). Net income: ₹6.70m (up ₹26.7m from 3Q 2023). Profit margin: 4.3% (up from net loss in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Feb 05
Ruchi Infrastructure Limited Appoints Pavan Kumar Purohit as Chief Financial Officer Ruchi Infrastructure Limited at it board meeting held on February 5, 2024 appointed Mr. Pavan Kumar Purohit as Chief Financial Officer of the Company with effect from 1st February, 2024. Mr. Pavan Kumar Purohit is a Fellow Chartered Accountant and Commerce Graduate from Mumbai University. He has 18 years of experience in the field of Accounts, Audit, Taxation, Corporate Treasury, Project & Working Capital Finance pertaining to manufacturing industries including Engineering, Steel, Cement, FMCG, etc. and automobile dealership. Tillkännagivande • Jan 30
Ruchi Infrastructure Limited to Report Q3, 2024 Results on Feb 05, 2024 Ruchi Infrastructure Limited announced that they will report Q3, 2024 results on Feb 05, 2024 Valuation Update With 7 Day Price Move • Jan 30
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹14.50, the stock trades at a trailing P/E ratio of 46.8x. Average trailing P/E is 32x in the Consumer Retailing industry in India. Total returns to shareholders of 100% over the past three years. New Risk • Dec 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 7.2% 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 Risk Interest payments are not well covered by earnings (0.7x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (10% net profit margin). Shareholders have been diluted in the past year (5.0% increase in shares outstanding). Market cap is less than US$100m (₹2.88b market cap, or US$34.5m). Valuation Update With 7 Day Price Move • Dec 08
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹13.35, the stock trades at a trailing P/E ratio of 43.1x. Average trailing P/E is 35x in the Consumer Retailing industry in India. Total returns to shareholders of 69% over the past three years. Reported Earnings • Nov 13
Second quarter 2024 earnings released: EPS: ₹0.39 (vs ₹0.06 in 2Q 2023) Second quarter 2024 results: EPS: ₹0.39 (up from ₹0.06 in 2Q 2023). Revenue: ₹155.8m (up 6.2% from 2Q 2023). Net income: ₹92.0m (up 351% from 2Q 2023). Profit margin: 59% (up from 14% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Nov 01
Ruchi Infrastructure Limited to Report Q2, 2024 Results on Nov 07, 2023 Ruchi Infrastructure Limited announced that they will report Q2, 2024 results on Nov 07, 2023 Tillkännagivande • Oct 21
Ruchi Infrastructure Limited Announces Resignation of Ravindra Kakani as Chief Financial Officer, Effective from January 21, 2024 Ruchi Infrastructure Limited announces resignation of Ravindra Kakani as Chief Financial Officer of the Company with effect from 21 January, 2024. 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. 6 experienced directors. No highly experienced directors. Additional Non-Executive Director Ashutosh Pandey was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Aug 24
Ruchi Infrastructure Limited, Annual General Meeting, Sep 21, 2023 Ruchi Infrastructure Limited, Annual General Meeting, Sep 21, 2023, at 15:30 Indian Standard Time. Agenda: To receive, consider and adopt the audited stand-alone financial statements of the Company for the financial year ended March 31, 2023, the reports of Board of Directors and Auditors thereon; to consider the audited consolidated financial statements of the Company for the financial year ended March 31, 2023; to consider Board changes; and to consider any other matter thereof. Reported Earnings • Aug 08
First quarter 2024 earnings released: EPS: ₹0.19 (vs ₹0.12 in 1Q 2023) First quarter 2024 results: EPS: ₹0.19 (up from ₹0.12 in 1Q 2023). Revenue: ₹211.9m (up 20% from 1Q 2023). Net income: ₹48.9m (up 46% from 1Q 2023). Profit margin: 23% (up from 19% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Tillkännagivande • Aug 01
Ruchi Infrastructure Limited to Report Q1, 2024 Results on Aug 07, 2023 Ruchi Infrastructure Limited announced that they will report Q1, 2024 results at 4:00 PM, Indian Standard Time on Aug 07, 2023 Reported Earnings • May 31
Full year 2023 earnings released: ₹0.10 loss per share (vs ₹1.65 profit in FY 2022) Full year 2023 results: ₹0.10 loss per share (down from ₹1.65 profit in FY 2022). Revenue: ₹671.8m (down 3.2% from FY 2022). Net income: ₹12.6m (down 96% from FY 2022). Profit margin: 1.9% (down from 49% in FY 2022). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Tillkännagivande • May 23
Ruchi Infrastructure Limited to Report Q4, 2023 Results on May 29, 2023 Ruchi Infrastructure Limited announced that they will report Q4, 2023 results at 4:00 PM, Indian Standard Time on May 29, 2023 Reported Earnings • Feb 14
Third quarter 2023 earnings released: ₹0.14 loss per share (vs ₹0.16 loss in 3Q 2022) Third quarter 2023 results: ₹0.14 loss per share (improved from ₹0.16 loss in 3Q 2022). Revenue: ₹184.2m (up 24% from 3Q 2022). Net loss: ₹20.0m (loss narrowed 17% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has only increased by 49% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Feb 07
Ruchi Infrastructure Limited to Report Q3, 2023 Results on Feb 13, 2023 Ruchi Infrastructure Limited announced that they will report Q3, 2023 results on Feb 13, 2023 Valuation Update With 7 Day Price Move • Jan 04
Investor sentiment improved over the past week After last week's 15% share price gain to ₹10.70, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 37x in the Consumer Retailing industry in India. Total returns to shareholders of 376% over the past three years. Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: ₹0.06 (vs ₹0.03 in 2Q 2022) Second quarter 2023 results: EPS: ₹0.06 (up from ₹0.03 in 2Q 2022). Revenue: ₹157.8m (down 8.3% from 2Q 2022). Net income: ₹20.4m (up 36% from 2Q 2022). Profit margin: 13% (up from 8.7% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 118% per year but the company’s share price has only increased by 76% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 12
Second quarter 2023 earnings released: EPS: ₹0.06 (vs ₹0.03 in 2Q 2022) Second quarter 2023 results: EPS: ₹0.06 (up from ₹0.03 in 2Q 2022). Revenue: ₹157.8m (down 8.3% from 2Q 2022). Net income: ₹20.4m (up 36% from 2Q 2022). Profit margin: 13% (up from 8.7% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 118% per year but the company’s share price has only increased by 79% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Nov 02
Investor sentiment improved over the past week After last week's 18% share price gain to ₹10.50, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 33x in the Consumer Retailing industry in India. Total returns to shareholders of 438% over the past three years. Valuation Update With 7 Day Price Move • Sep 07
Investor sentiment improved over the past week After last week's 19% share price gain to ₹9.55, the stock trades at a trailing P/E ratio of 5x. Average trailing P/E is 32x in the Consumer Retailing industry in India. Total returns to shareholders of 334% over the past three years. Reported Earnings • Aug 03
First quarter 2023 earnings released: EPS: ₹0.12 (vs ₹0.04 in 1Q 2022) First quarter 2023 results: EPS: ₹0.12 (up from ₹0.04 in 1Q 2022). Revenue: ₹183.3m (up 6.4% from 1Q 2022). Net income: ₹33.6m (up 110% from 1Q 2022). Profit margin: 18% (up from 9.3% in 1Q 2022). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 121% per year but the company’s share price has only increased by 47% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jun 02
Full year 2022 earnings released: EPS: ₹1.65 (vs ₹0.42 loss in FY 2021) Full year 2022 results: EPS: ₹1.65 (up from ₹0.42 loss in FY 2021). Revenue: ₹693.9m (up 12% from FY 2021). Net income: ₹371.6m (up ₹457.4m from FY 2021). Profit margin: 54% (up from net loss in FY 2021). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 52% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 13
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: ₹0.16 loss per share (up from ₹0.27 loss in 3Q 2021). Revenue: ₹148.8m (up 5.5% from 3Q 2021). Net loss: ₹24.2m (loss narrowed 48% from 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 60% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 15
First quarter 2022 earnings released: EPS ₹0.04 (vs ₹0.07 in 1Q 2021) The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2022 results: Revenue: ₹184.4m (up 16% from 1Q 2021). Net income: ₹16.0m (down 32% from 1Q 2021). Profit margin: 8.7% (down from 15% in 1Q 2021). The decrease in margin was driven by higher expenses. Reported Earnings • Jul 01
Full year 2021 earnings released: ₹0.42 loss per share (vs ₹0.46 loss in FY 2020) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2021 results: Revenue: ₹645.1m (down 25% from FY 2020). Net loss: ₹53.1m (loss narrowed 44% from FY 2020). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth. Is New 90 Day High Low • Mar 12
New 90-day low: ₹6.60 The company is down 16% from its price of ₹7.90 on 11 December 2020. The Indian market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Retailing industry, which is up 17% over the same period. Is New 90 Day High Low • Nov 03
New 90-day low: ₹7.20 The company is down 48% from its price of ₹13.95 on 05 August 2020. The Indian market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Retailing industry, which is up 2.0% over the same period.