Reported Earnings • May 18
Full year 2026 earnings released: EPS: ₹2.20 (vs ₹0.68 loss in FY 2025) Full year 2026 results: EPS: ₹2.20 (up from ₹0.68 loss in FY 2025). Revenue: ₹244.9m (up 318% from FY 2025). Net income: ₹56.2m (up ₹72.8m from FY 2025). Profit margin: 23% (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 41% per year but the company’s share price has increased by 119% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • May 08
JOJO Limited to Report Q4, 2026 Results on May 15, 2026 JOJO Limited announced that they will report Q4, 2026 results on May 15, 2026 Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: ₹0.42 (vs ₹0.41 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.42 (up from ₹0.41 in 3Q 2025). Revenue: ₹83.3m (up 157% from 3Q 2025). Net income: ₹10.2m (up 2.5% from 3Q 2025). Profit margin: 12% (down from 31% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 189% per year, which means it is well ahead of earnings. Tillkännagivande • Feb 05
Madhuveer Com 18 Network Limited to Report Q3, 2026 Results on Feb 14, 2026 Madhuveer Com 18 Network Limited announced that they will report Q3, 2026 results on Feb 14, 2026 Tillkännagivande • Jan 20
Madhuveer Com 18 Network Limited Appoints Pushti Rajani as Company Secretary and Compliance Officer, Effective January 19, 2026 Madhuveer Com 18 Network Limited announced at the board meeting held on January 19, 2026, appointed Ms. Pushti Rajani (M. No.: A78352) as Company Secretary and Compliance Officer of the Company effective January 19, 2026. Ms. Pushti Rajani is an Associate Member of the Institute of Company Secretaries of India having membership no. A78352 possessing requisite qualification and skills in secretarial Compliances of Listed and Unlisted Companies. Reported Earnings • Nov 14
Second quarter 2026 earnings released: EPS: ₹0.13 (vs ₹0.26 loss in 2Q 2025) Second quarter 2026 results: EPS: ₹0.13 (up from ₹0.26 loss in 2Q 2025). Revenue: ₹21.3m (up 133% from 2Q 2025). Net income: ₹3.09m (up ₹9.56m from 2Q 2025). Profit margin: 14% (up from net loss in 2Q 2025). The move to profitability was driven by higher revenue. 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 149% per year, which means it is well ahead of earnings. Tillkännagivande • Oct 31
Madhuveer Com 18 Network Limited to Report First Half, 2026 Results on Nov 12, 2025 Madhuveer Com 18 Network Limited announced that they will report first half, 2026 results on Nov 12, 2025 Upcoming Dividend • Sep 15
Upcoming dividend of ₹0.05 per share Eligible shareholders must have bought the stock before 22 September 2025. Payment date: 29 October 2025. The company is not currently making a profit and is not cash flow positive. The company last paid an ordinary dividend in October 2024. The average dividend yield among industry peers is 1.1%. Board Change • Sep 12
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Whole time Director Raj Shah was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Sep 04
Madhuveer Com 18 Network Limited, Annual General Meeting, Sep 29, 2025 Madhuveer Com 18 Network Limited, Annual General Meeting, Sep 29, 2025, at 15:00 Indian Standard Time. Tillkännagivande • Aug 12
Madhuveer Com 18 Network Limited announced that it expects to receive INR 30 million in funding Madhuveer Com 18 Network Limited announces a private placement to issue 1,000,000 equity shares at a price of INR 30 per share for gross proceeds of INR 30,000,000 on August 11, 2025. Mr. Sagar Shah acting as investor. Reported Earnings • Aug 12
First quarter 2026 earnings released: ₹0.21 loss per share (vs ₹2.18 loss in 1Q 2025) First quarter 2026 results: ₹0.21 loss per share (improved from ₹2.18 loss in 1Q 2025). Revenue: ₹18.4m (up 465% from 1Q 2025). Net loss: ₹5.07m (loss narrowed 76% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 116% per year, which means it is well ahead of earnings. Tillkännagivande • Aug 02
Madhuveer Com 18 Network Limited to Report Q1, 2026 Results on Aug 11, 2025 Madhuveer Com 18 Network Limited announced that they will report Q1, 2026 results on Aug 11, 2025 New Risk • Jun 20
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 7.8% 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 Shareholders have been substantially diluted in the past year (41% increase in shares outstanding). Revenue is less than US$1m (₹59m revenue, or US$683k). Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Market cap is less than US$100m (₹7.24b market cap, or US$83.6m). Reported Earnings • Jun 02
Full year 2025 earnings released: ₹0.68 loss per share (vs ₹2.47 profit in FY 2024) Full year 2025 results: ₹0.68 loss per share (down from ₹2.47 profit in FY 2024). Revenue: ₹59.2m (down 14% from FY 2024). Net loss: ₹16.6m (down 171% from profit in FY 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 113% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Jun 01
Madhuveer Com 18 Network Limited Recommends Final Dividend for the Financial Year 2024-25 The board of directors of Madhuveer Com 18 Network Limited meeting held on May 31, 2025, the board recommended a final dividend of INR 0.05 (0.5%) per equity share of INR 10 each fully paid (subject to deduction of tax if any) financial year 2024-25. This shall be paid subject to the approval of the shareholders at the upcoming Annual General Meeting of the company. Tillkännagivande • May 16
Madhuveer Com 18 Network Limited to Report Q4, 2025 Results on May 30, 2025 Madhuveer Com 18 Network Limited announced that they will report Q4, 2025 results on May 30, 2025 Reported Earnings • Feb 12
Third quarter 2025 earnings released: EPS: ₹0.41 (vs ₹0.02 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.41 (up from ₹0.02 in 3Q 2024). Revenue: ₹32.5m (up ₹31.9m from 3Q 2024). Net income: ₹9.94m (up ₹9.71m from 3Q 2024). Profit margin: 31% (down from 44% in 3Q 2024). The decrease in margin was driven by higher expenses. Tillkännagivande • Feb 04
Madhuveer Com 18 Network Limited to Report Q3, 2025 Results on Feb 11, 2025 Madhuveer Com 18 Network Limited announced that they will report Q3, 2025 results on Feb 11, 2025 New Risk • Dec 18
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (264% increase in shares outstanding). Revenue is less than US$1m (₹80m revenue, or US$940k). Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change). Reported Earnings • Nov 15
Second quarter 2025 earnings released: ₹0.26 loss per share (vs ₹0.21 loss in 2Q 2024) Second quarter 2025 results: ₹0.26 loss per share (further deteriorated from ₹0.21 loss in 2Q 2024). Revenue: ₹9.11m (up ₹8.17m from 2Q 2024). Net loss: ₹6.47m (loss widened 225% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has increased by 299% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Nov 09
Madhuveer Com 18 Network Limited to Report Q2, 2025 Results on Nov 13, 2024 Madhuveer Com 18 Network Limited announced that they will report Q2, 2025 results on Nov 13, 2024 Tillkännagivande • Oct 28
Madhuveer Com 18 Network Limited Approves Regularization of Directors Madhuveer Com 18 Network Limited at its AGM held on October 24, 2024 approved Regularization of Mr. Dhruvin Shah as a Director of the Company. The company also approved Regularization of Mr. Sagar Sameer Shah as Director of Company. Tillkännagivande • Oct 23
Madhuveer Com 18 Network Limited Announces Appointment of Shruti Sharma as Company Secretary and Compliance Officer The board of directors of Madhuveer Com 18 Network Limited at its meeting held on October 23, 2024, considered and approved the appointment of Shruti Sharma as Company Secretary and Compliance Officer with effect from October 23, 2024. Brief Profile (in case of appointment): Qualified Company Secretary. Tillkännagivande • Oct 07
Madhuveer Com 18 Network Limited, Annual General Meeting, Oct 24, 2024 Madhuveer Com 18 Network Limited, Annual General Meeting, Oct 24, 2024, at 11:00 Indian Standard Time. Location: a-3, 5 floor, safal profitaire, corporate road, near prahladnagar garden, ahmedabad - 380015, ahmedabad India Reported Earnings • Aug 17
First quarter 2025 earnings released First quarter 2025 results: ₹2.18 loss per share. Revenue: ₹3.26m (up 439% from 1Q 2024). Net loss: ₹20.7m (down ₹20.7m from profit in 1Q 2024). Tillkännagivande • Aug 05
Madhuveer Com 18 Network Limited to Report Q1, 2025 Results on Aug 14, 2024 Madhuveer Com 18 Network Limited announced that they will report Q1, 2025 results on Aug 14, 2024 Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: ₹2.46 (vs ₹0.012 in FY 2023) Full year 2024 results: EPS: ₹2.46 (up from ₹0.012 in FY 2023). Revenue: ₹69.2m (up ₹67.9m from FY 2023). Net income: ₹23.4m (up ₹23.3m from FY 2023). Profit margin: 34% (up from 8.4% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has increased by 231% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Jun 03
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 158% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (158% increase in shares outstanding). Revenue is less than US$1m (₹2.3m revenue, or US$28k). Minor Risk Market cap is less than US$100m (₹2.33b market cap, or US$27.9m). Tillkännagivande • May 30
Madhuveer Com 18 Network Limited Recommends Final Dividend for the Financial Year 2023-24 Madhuveer Com 18 Network Limited at its board meeting held on May 28, 2024, recommendation of final dividend of 0.5% (INR 0.05/- per equity share of INR 10/- each face value) for the Financial Year 2023-24, subject to the approval of shareholders in the ensuing Annual General Meeting. Tillkännagivande • May 25
Madhuveer Com 18 Network Limited Appoints Himani Vora as Company Secretary, KMP and Compliance Officer Madhuveer Com 18 Network Limited has approved the appointment of Ms, Himani Vora as Company Secretary, KMP and Compliance officer. Ms. Himani Vora is a member of Institute of Company Secretaries of the company. Reported Earnings • Feb 13
Third quarter 2024 earnings released: EPS: ₹0.02 (vs ₹0.005 in 3Q 2023) Third quarter 2024 results: EPS: ₹0.02 (up from ₹0.005 in 3Q 2023). Net income: ₹234.0k (up 368% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 184% per year, which means it is well ahead of earnings. Tillkännagivande • Jan 25
Dhruvin Dakshesh Shah and Sagar Samir Shah made an offer to acquire 65% stake in Madhuveer Com 18 Network Limited (BSE:531910) for INR62 million. Dhruvin Dakshesh Shah and Sagar Samir Shah made an offer to acquire 65% stake in Madhuveer Com 18 Network Limited (BSE:531910) for INR62 million on January 20, 2024. This Offer is subject to the receipt of the statutory and other approvals. Ratnakar Securities Private Limited acted as broker, KUNVARJI FINSTOCK PRIVATE LIMITED acted as manager to offer to Dhruvin Dakshesh Shah and Sagar Samir Shah. BIGSHARE SERVICES PRIVATE LIMITED acted as registrar to Madhuveer Com 18 Network Limited. New Risk • Jan 21
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹797.3m (US$9.59m) 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 Revenue is less than US$1m (₹2.0m revenue, or US$25k). Market cap is less than US$10m (₹797.3m market cap, or US$9.59m). Board Change • Dec 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. 4 experienced directors. 1 highly experienced director. CFO & Executive Director Punitkumar Bhavsar 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 • Oct 28
Madhuveer Com 18 Network Limited to Report Q2, 2024 Results on Nov 06, 2023 Madhuveer Com 18 Network Limited announced that they will report Q2, 2024 results on Nov 06, 2023 Tillkännagivande • Sep 26
Madhuveer Com 18 Network Limited announced a financing transaction Madhuveer Com 18 Network Limited announced a private placement to issue 1,50,00,000 Warrants convertible into equity shares on preferential basis at the price of INR 10 per warrant on September 25, 2023. The transaction included participation from individual investors such as Dhruvin Shah for 56,60,000 warrants, Sagar Samir Shah for 43,40,000 warrants, Shlok Vimal Rathod for 25,00,000 warrants, Jay Prakash Kariya for 12,50,000 warrants and Meet Prakash Kariya for 12,50,000. The transaction has been approved by the board of directors of the company. Reported Earnings • Aug 14
First quarter 2024 earnings released: EPS: ₹0.004 (vs ₹0.005 in 1Q 2023) First quarter 2024 results: EPS: ₹0.004 (down from ₹0.005 in 1Q 2023). Revenue: ₹605.0k (up 45% from 1Q 2023). Net income: ₹37.0k (down 44% from 1Q 2023). Profit margin: 6.1% (down from 16% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has increased by 142% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Aug 04
Madhuveer Com 18 Network Limited to Report Q1, 2024 Results on Aug 12, 2023 Madhuveer Com 18 Network Limited announced that they will report Q1, 2024 results on Aug 12, 2023 Reported Earnings • Apr 22
Full year 2023 earnings released: EPS: ₹0.01 (vs ₹0.17 in FY 2022) Full year 2023 results: EPS: ₹0.01 (down from ₹0.17 in FY 2022). Revenue: ₹1.49m (down 33% from FY 2022). Net income: ₹112.0k (down 93% from FY 2022). Profit margin: 7.5% (down from 75% in FY 2022). The decrease in margin was primarily driven by higher expenses. Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: ₹0.01 (vs ₹0.16 in 3Q 2022) Third quarter 2023 results: EPS: ₹0.01 (down from ₹0.16 in 3Q 2022). Revenue: ₹250.0k (down 89% from 3Q 2022). Net income: ₹50.0k (down 97% from 3Q 2022). Profit margin: 20% (down from 69% in 3Q 2022). The decrease in margin was driven by lower revenue. Tillkännagivande • Feb 02
Madhuveer Com 18 Network Limited to Report Q3, 2023 Results on Feb 10, 2023 Madhuveer Com 18 Network Limited announced that they will report Q3, 2023 results on Feb 10, 2023 Valuation Update With 7 Day Price Move • Nov 28
Investor sentiment improved over the past week After last week's 16% share price gain to ₹13.87, the stock trades at a trailing P/E ratio of 74.3x. Average trailing P/E is 53x in the Entertainment industry in India. Board Change • Nov 16
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Non-Executive Independent Director Manorama Shah is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 13
Second quarter 2023 earnings released Second quarter 2023 results: EPS: ₹0.003. Revenue: ₹179.0k (down 53% from 2Q 2022). Net income: ₹43.0k (up 115% from 2Q 2022). Profit margin: 24% (up from 5.3% 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 105% per year but the company’s share price has increased by 112% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Nov 05
Madhuveer Com 18 Network Limited to Report Q2, 2023 Results on Nov 11, 2022 Madhuveer Com 18 Network Limited announced that they will report Q2, 2023 results on Nov 11, 2022 Valuation Update With 7 Day Price Move • Sep 16
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹13.00, the stock trades at a trailing P/E ratio of 74.2x. Average trailing P/E is 55x in the Entertainment industry in India. Total returns to shareholders of 863% over the past three years. Tillkännagivande • Aug 31
Madhuveer Com 18 Network Limited, Annual General Meeting, Sep 27, 2022 Madhuveer Com 18 Network Limited, Annual General Meeting, Sep 27, 2022, at 15:00 Indian Standard Time. Location: at office no. 812, Anand Mangal-3, Opp Core house, Nr. Hirabag Nr. Rajnagar Club, Ambavadi, Ahmedabad-380015 Ahmedabad India Tillkännagivande • Jul 24
Madhuveer Com 18 Network Limited to Report Q1, 2023 Results on Aug 05, 2022 Madhuveer Com 18 Network Limited announced that they will report Q1, 2023 results on Aug 05, 2022 Tillkännagivande • May 19
Madhuveer Com 18 Network Limited to Report Q4, 2022 Results on May 27, 2022 Madhuveer Com 18 Network Limited announced that they will report Q4, 2022 results on May 27, 2022 Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment improved over the past week After last week's 27% share price gain to ₹12.45, the stock trades at a trailing P/E ratio of 79.6x. Average trailing P/E is 56x in the Entertainment industry in India. Total returns to shareholders of 865% over the past three years. Board Change • Apr 27
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Non-Executive Independent Director Manorama Shah is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improved over the past week After last week's 21% share price gain to ₹3.59, the stock trades at a trailing P/E ratio of 23x. Average trailing P/E is 55x in the Entertainment industry in India. Total returns to shareholders of 180% over the past three years. Board Change • Mar 15
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Non-Executive Independent Director Manorama Shah is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 15
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Non-Executive Independent Director Manorama Shah is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Oct 11
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Non-Executive Independent Director Manorama Shah is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Feb 04
Madhuveer Com 18 Network Limited to Report Q3, 2021 Results on Feb 13, 2021 Madhuveer Com 18 Network Limited announced that they will report Q3, 2021 results on Feb 13, 2021 Tillkännagivande • Sep 08
Madhuveer Com 18 Network Limited to Report Q1, 2021 Results on Sep 12, 2020 Madhuveer Com 18 Network Limited announced that they will report Q1, 2021 results on Sep 12, 2020