New Risk • Dec 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 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Revenue is less than US$5m (₹266m revenue, or US$2.9m). Market cap is less than US$100m (₹2.08b market cap, or US$23.1m). New Risk • Oct 15
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.8% 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: Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Revenue is less than US$5m (₹162m revenue, or US$1.8m). Market cap is less than US$100m (₹1.99b market cap, or US$22.6m). Tillkännagivande • Oct 02
Equippp Social Impact Technologies Limited Regularize/Appoints Ajay Kumar Singh as Non-Executive Independent Director Equippp Social Impact Technologies Limited at its AGM held on September 30, 2025 approved regularization/appointment of Mr. Ajay Kumar Singh (din: 08532830) as a non-executive independent director. Tillkännagivande • Sep 09
Equippp Social Impact Technologies Limited, Annual General Meeting, Sep 30, 2025 Equippp Social Impact Technologies Limited, Annual General Meeting, Sep 30, 2025, at 14:00 Indian Standard Time. Reported Earnings • Aug 14
First quarter 2026 earnings released: EPS: ₹0.03 (vs ₹0.02 loss in 1Q 2025) First quarter 2026 results: EPS: ₹0.03 (up from ₹0.02 loss in 1Q 2025). Revenue: ₹95.3m (up ₹90.8m from 1Q 2025). Net loss: ₹174.0k (loss narrowed 89% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 118% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings. Tillkännagivande • Aug 09
Equippp Social Impact Technologies Limited to Report Q1, 2026 Results on Aug 12, 2025 Equippp Social Impact Technologies Limited announced that they will report Q1, 2026 results on Aug 12, 2025 Reported Earnings • Jun 02
Full year 2025 earnings released: EPS: ₹0.06 (vs ₹0.027 loss in FY 2024) Full year 2025 results: EPS: ₹0.06 (up from ₹0.027 loss in FY 2024). Revenue: ₹71.4m (up 281% from FY 2024). Net income: ₹5.82m (up ₹8.63m from FY 2024). Profit margin: 8.1% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings. Tillkännagivande • May 24
Equippp Social Impact Technologies Limited to Report Q4, 2025 Results on May 30, 2025 Equippp Social Impact Technologies Limited announced that they will report Q4, 2025 results at 3:30 PM, Indian Standard Time on May 30, 2025 Tillkännagivande • Mar 21
Equippp Social Impact Technologies Limited (BSE:590057) completed the acquisition of 51% stake in Technogen India Pvt Ltd. Equippp Social Impact Technologies Limited (BSE:590057) signed a letter of intent to acquire 51% stake in Technogen India Pvt Ltd for INR 12.5 million on November 14, 2024. A cash consideration of INR 12.5 million will be paid by Equippp Social Impact Technologies Limited. As part of consideration, INR 12.5 million is paid towards common equity of Technogen India Pvt Ltd. The transaction will be financed through equity investment of INR 12.5 million. Technogen India has reported turnover of INR 263.998 million and net profit of INR 13.948 million during 2023-24.
The transaction is subject to approval by regulatory board / committee, approval of offer by acquirer board and consummation of due diligence investigation. The deal has been approved by the board. On February 10, 2025, the board of Equippp Social Impact Technologies Limited has disclosed that the transaction will be financed through company's revenue surplus instead of a previously proposed loan. Accordingly, the board has authorized Sreenivasa Chary Kalmanoor or Vindhya Dronamraju to invest and execute all necessary agreements.
Equippp Social Impact Technologies Limited (BSE:590057) completed the acquisition of 51% stake in Technogen India Pvt Ltd on March 20, 2025. Tillkännagivande • Feb 05
Equippp Social Impact Technologies Limited to Report Q3, 2025 Results on Feb 10, 2025 Equippp Social Impact Technologies Limited announced that they will report Q3, 2025 results on Feb 10, 2025 New Risk • Nov 16
New major risk - Revenue and earnings growth Earnings have declined by 21% 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 21% per year over the past 5 years. Revenue is less than US$1m (₹28m revenue, or US$334k). Minor Risks Less than 1 year of cash runway based on current free cash flow (-₹49m). Market cap is less than US$100m (₹2.58b market cap, or US$30.5m). Tillkännagivande • Nov 12
Equippp Social Impact Technologies Limited to Report Q2, 2025 Results on Nov 14, 2024 Equippp Social Impact Technologies Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Tillkännagivande • Sep 10
Equippp Social Impact Technologies Limited, Annual General Meeting, Sep 30, 2024 Equippp Social Impact Technologies Limited, Annual General Meeting, Sep 30, 2024, at 15:30 Indian Standard Time. Tillkännagivande • Aug 08
Equippp Social Impact Technologies Limited to Report Q1, 2025 Results on Aug 13, 2024 Equippp Social Impact Technologies Limited announced that they will report Q1, 2025 results on Aug 13, 2024 Tillkännagivande • May 16
Equippp Social Impact Technologies Limited Appoints Venkataraman Subramanian as a Non-Executive Independent Director Equippp Social Impact Technologies Limited announced the appointment of Mr. Venkataraman Subramanian as a Non-Executive Independent Director of the Company with effect from April 15, 2024. Brief Profile: Mr. V. Subramanian IAS (retd) joined the Indian Administrative Service, premier service of the Government of India in 1971. Till his retirement in June 2008 as the Secretary to the Government in the Ministry of New and Renewable Energy, he occupied various important positions in the Government of West Bengal and the Government of India. His rich experience both at the implementation level and policy making level cuts across various sectors like Finance, Aviation, Energy. Labour etc. Mr. Subramanian was instrumental in the creation of the External Commercial Borrowings Division in the Ministry of Finance in the eighties and structured many innovative deals for Indian Public Sector Enterprises. He was also the Adviser to the Government of Mozambique for three years in 1990-1993. He was also the Secretary to the State Government in the Departments of Power and Labour. As Additional Secretary and Financial Adviser in the Ministry of Civil Aviation and Tourism (2000-2005) he was closely involved in policy formulation on Aviation and Tourism. He was on the Boards of Air India, Indian Airlines, Airports Authority of India, Helicopters Corporation of India, Indian Tourism Development Corporation and a host of other PSEs. He was also the Member -Secretary of the High level Committee to recommend a roadmap for the growth of aviation in India. Most of the recommendations are being acted upon now. As Secretary in the Ministry of New and Renewable Energy, he undertook path breaking initiatives that resulted in more than doubling the grid connected renewable power generation capacity in less than three years. He pioneered the Solar Mission when he was in this position. Till recently, he was the Chairman & Secretary General of the Indian Wind Energy Association, a position he had occupied since October, 2008. He was also the Business Development Adviser to the Council for Scientific and Industrial Research for a year, after his retirement. Besides being a freelance consultant, he has taken up independent directorships of a few public and private sector companies. He is based at Delhi. He is a well known speaker on "Renewable Energy" in various international conferences. He is also the key person in the formation of the new organization for policy advocacy in the area of renewable energy as a whole in India known as the "Indian Renewable Energy Federation". He is a Mentor of an NGO, Vasudha Foundation that is active in the area of climate change. He is currently a Non Executive Independent Director at Adani Enterprises Ltd. Reported Earnings • May 14
Full year 2024 earnings released: ₹0.03 loss per share (vs ₹0.026 profit in FY 2023) Full year 2024 results: ₹0.03 loss per share (down from ₹0.026 profit in FY 2023). Revenue: ₹18.7m (up 25% from FY 2023). Net loss: ₹2.81m (down 204% from profit in FY 2023). Tillkännagivande • May 08
Equippp Social Impact Technologies Limited to Report Q4, 2024 Results on May 12, 2024 Equippp Social Impact Technologies Limited announced that they will report Q4, 2024 results at 3:30 PM, Indian Standard Time on May 12, 2024 Reported Earnings • Feb 14
Third quarter 2024 earnings released: ₹0.01 loss per share (vs ₹0.003 profit in 3Q 2023) Third quarter 2024 results: ₹0.01 loss per share (down from ₹0.003 profit in 3Q 2023). Net loss: ₹1.27m (down 439% from profit in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 186 percentage points per year, which is a significant difference in performance. Tillkännagivande • Feb 13
Equippp Social Impact Technologies Limited Announces Executive Changes Equippp Social Impact Technologies Limited approved the appointment of Ms. Madhuri Venkata Ramani Viswanadham (DIN: 08715322) as an Additional Non-Executive Independent Director of the Company. Took note of the resignation of Mr. Mahesh Ramachandran (DIN: 01909967), from the position of Managing Director of the company. Ms. Venkata Ramani Madhuri Viswanadham is a Chartered Accountant in practice, a graduate in Law and a diploma in business administration (Fin) with more than 21 years' experience in the areas of accountancy, finance, audits, corporate laws & taxation. Tillkännagivande • Feb 08
Equippp Social Impact Technologies Limited to Report Q3, 2024 Results on Feb 13, 2024 Equippp Social Impact Technologies Limited announced that they will report Q3, 2024 results on Feb 13, 2024 Tillkännagivande • Jan 31
Equippp Social Impact Technologies Limited Announces Cessation of Krithika Jayaraman as Additional Non-Executive Director Equippp Social Impact Technologies Limited informed that Ms. Krithika Jayaraman (DIN: 08006421), has ceased to become an Additional Non-Executive Director of the Company w.e.f. 31st January, 2024, due to non-regularization of the director within the time frame mentioned in Regulation 17 (1C) of Listing Regulations. Tillkännagivande • Jan 08
Equippp Social Impact Technologies Limited (BSE:590057) completed the acquisition of 65% stake in Three Point 0 Labs Technologies Private Limited from Vindhya Dronamraju. Equippp Social Impact Technologies Limited (BSE:590057) agreed to acquire 65% stake in Three Point 0 Labs Technologies Private Limited from Vindhya Dronamraju on May 29, 2023. The board of directors of Equippp Social has approved the transaction. The transaction is subject to regulatory approvals and is expected to close in one to two months.Equippp Social Impact Technologies Limited (BSE:590057) completed the acquisition of 65% stake in Three Point 0 Labs Technologies Private Limited from Vindhya Dronamraju on January 6, 2024. Tillkännagivande • Dec 01
Equippp Social Impact Technologies Limited Announces Resignation of Mahesh Ramachandran as the Managing Director, Effective December 1, 2023 Equippp Social Impact Technologies Limited announced that Mr. Mahesh Ramachandran (DIN: 01909967), has tendered his resignation as the Managing Director of the Company on December 1, 2023, citing pre-occupation and other commitments. As confirmed by him, apart from this there is no other material reason for the resignation. Tillkännagivande • Nov 23
Equippp Social Impact Technologies Limited Announces Change in the Composition of the Board and Committees Equippp Social Impact Technologies Limited announced the following changes in composition of the Board: (a) Mr. Mohan Lal Kaul, has tendered his resignation as the Non-Executive Director of the company, with effect from November 15, 2023 citing pre-occupation and other commitments. (b) Mr. Krishnan Trichy Vanamamalai, has tendered his resignation as the Non-Executive Director of the company, with effect from November 15, 2023 citing pre- occupation and other commitments. Consequently, he shall also cease to be a Member of the Audit Committee, Nomination & Remuneration Committee and Stakeholders Relationship Committee of the company. Tillkännagivande • Oct 31
Equippp Social Impact Technologies Limited Announces Appointment of Mr. Amol Palkar as Chief Executive Officer Equippp Social Impact Technologies Limited announced at the board meeting held on October 30, 2023, approved appointment of Mr. Amol Palkar as the Chief Executive Officer of the Company for Meeting Minimum Public Shareholding (MPS) compliance as a primary responsibility, Additionally, propel inorganic growth by leveraging his M&A expertise, Scale the operations of the Joint Venture of EQUIPPP with SenecaGlobal IT Services Private Limited and Generate traction in EQUIPPP's strategic subsidiaries i.e., Equivas Tech Innovations and ThreePointO Labs (pipeline) to implement and realize the laid down plans till date. Amol Palkar is Founder and Managing Partner of Kena Capital, a boutique advisory firm. He has 25 years expertise in the TMT sector as an advisor helping companies across all stages of hyper growth with not only VC/PE fund raise and M&A but also a strategic advisor to founders in various areas including finance, commercial, business development and strategic alliances. Amol has worked with companies like Cipher Capital, Deloitte Consulting (US), EY, ICICI and ASK-Raymond James earlier. Amol is a Chartered Accountant from India and an MBA from Cornell University's Johnson School (Ivy League) and B. Com from Sydenham College Mumbai. Amol has also founded and successfully exited a Software Products company and is currently involved with several startups as an investor/board member. He is currently the strategic advisor to SenecaGlobal working closely with the founders and board. Amol is also associated with sRide, Sworks etc., along with several other proven and promising enterprises. Amol works with a number of sectors including SAAS, PAAS, IT Services, Product Engineering, Mobility, Healthtech, AI & ML enabled products and blockchain. Tillkännagivande • Oct 01
Equippp Social Impact Technologies Limited Announces Chief Financial Officer Changes The board of directors of Equippp Social Impact Technologies Limited meeting held on September 29, 2023, approved the resignation of Mr. Ankem Sri Prasad Mohan from the position of Chief Financial Officer and Key Managerial Personnel of the Company and approved the appointment of Mr. Kishore Lanka as Chief Financial Officer and Key Managerial Personnel of the company, with effect from 30 September, 2023. Kishore Lanka is a result oriented and accomplished Finance Leader, with more than 25 years of diverse industry experience spanning tactical, operational and strategic roles. He had a progressive career in core Finance and Accounting roles with organizations of repute, entailing business-critical aspects including setting up CoEs, building high-performing teams, supporting organic and inorganic growth, leading Mergers & Acquisitions etc. In his latest assignment as Whole Time Director and Director- Finance at NetCraker Technology Solutions Pvt Ltd, involved end-to-end ownership of finance and accounting operations with 4800 employees working across 4 offices in India. Prior to that, he was Manager- Finance Operations at Citicorp Information Technology Inc. at New York USA, a subsidiary of Citigroup. He is currently pursuing a PhD in Strategic Management at SRM University and successfully completed a business Management executive Program at Indian Institute of Management, Calcutta. He holds M. Com and B. Com degrees from Nagarjuna University. Tillkännagivande • Sep 22
Equippp Social Impact Technologies Limited Appoints Guruprasad Sowle as an Advisor Equippp Social Impact Technologies Limited announced the appointment of Mr. Guruprasad Sowle, Founding Board Member and President, Indus International Research Foundation (IIRF), USA, focused on Indo - US affairs, as an Advisor to the organization. Mr. Guruprasad Sowle, Board member and Vice Chair, Institute of Chartered Accountants of India, Dallas Chapter, USA and renowned expert in public policy, has accepted the invitation to advise and collaborate with EQUIPPP. He expressed keen interest after engaging in productive discussions with EQUIPPP's team. In his role as an Advisor, Mr. Guruprasad Sowle will actively host and participate in knowledge sessions, webinars, and events addressing critical aspects of the social impact space, social stock exchange, and public-private partnerships. His passion for public speaking, talk shows, and media will undoubtedly enrich these engagements and provide deeper insights into the social impact ecosystem and impact investment arena. Mr. Guruprasad Sowle is a highly esteemed corporate growth leader, speaker, anchor, and finance professional, holding the prestigious position of President and Director of Indo-US Affairs at the Indus International Research Foundation (IIRF, USA). With an illustrious career spanning over 25 years, he has consistently showcased his expertise in finance, process improvement, technology, and investment banking, earning him the reputation of a trusted advisor and mentor for numerous global companies. Having a strong background in chartered accounting, he has held executive positions in prominent consulting organizations such as PricewaterhouseCoopers and Arthur Andersen. As a seasoned C-Level executive, he has provided invaluable consulting services to a multitude of businesses, making substantial contributions and offering vital guidance to numerous start-ups in navigating the complexities of the ever-evolving business landscape. Furthermore, with a strong commitment to strengthening the relationship between India and America, he has actively engaged in significant endeavors. His ardent enthusiasm led him to present a comprehensive proposal to the Prime Minister of India during their recent meeting, centered around augmenting Indo-US cooperation and exploring economic prospects. Tillkännagivande • Sep 08
Equippp Social Impact Technologies Limited, Annual General Meeting, Sep 30, 2023 Equippp Social Impact Technologies Limited, Annual General Meeting, Sep 30, 2023, at 14:30 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended March 31, 2023, together with the Reports of Board of Directors and the Auditors thereon; to appoint a Director in place of Mrs. Vindhya Dronamraju who retires by rotation and, being eligible, offers herself for re-appointment; to consider the Regularization of Mrs. Deepali as a Non-Executive Director of the Company; to consider Approval of Related Party Transactions; and to consider other matters. New Risk • Aug 18
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₹736k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹736k free cash flow). Revenue is less than US$1m (₹15m revenue, or US$182k). Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Market cap is less than US$100m (₹3.32b market cap, or US$39.9m). Tillkännagivande • Aug 09
Equippp Social Impact Technologies Limited to Report Q1, 2024 Results on Aug 14, 2023 Equippp Social Impact Technologies Limited announced that they will report Q1, 2024 results on Aug 14, 2023 New Risk • Jun 23
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.0% average weekly change). Revenue is less than US$1m (₹15m revenue, or US$185k). Minor Risk Market cap is less than US$100m (₹3.15b market cap, or US$38.4m). Tillkännagivande • May 25
Equippp Social Impact Technologies Limited to Report Q4, 2023 Results on May 29, 2023 Equippp Social Impact Technologies Limited announced that they will report Q4, 2023 results on May 29, 2023 Tillkännagivande • Feb 04
Equippp Social Impact Technologies Limited to Report Q3, 2023 Results on Feb 09, 2023 Equippp Social Impact Technologies Limited announced that they will report Q3, 2023 results on Feb 09, 2023 Board Change • Nov 21
Less than half of directors are independent There are 11 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 11 new directors. 1 experienced director. No highly experienced directors. 4 independent directors (8 non-independent directors). Non-Executive & Independent Director Jayashree Iyer is the most experienced director on the board, commencing their role in 2020. Additional Non-Executive Independent Director Narendra Mairpady was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Valuation Update With 7 Day Price Move • May 06
Investor sentiment deteriorated over the past week After last week's 27% share price decline to ₹66.70, the stock trades at a trailing P/E ratio of 57.3x. Average trailing P/E is 30x in the Biotechs industry in Asia. Total returns to shareholders of 641% over the past three years. Board Change • Apr 27
Less than half of directors are independent There are 11 new directors who have joined the board in the last 3 years. Of these new board members, 4 were independent directors. The company's board is composed of: 11 new directors. 1 experienced director. No highly experienced directors. 4 independent directors (7 non-independent directors). Non-Executive & Independent Director Jayashree Iyer is the most experienced director on the board, commencing their role in 2020. Additional Non-Executive Independent Director Narendra Mairpady was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Valuation Update With 7 Day Price Move • Jan 24
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹82.65, the stock trades at a trailing P/E ratio of 73.7x. Average trailing P/E is 39x in the Biotechs industry in Asia. Total returns to shareholders of 589% over the past three years. Executive Departure • Nov 28
Company Secretary & Compliance Officer Rozie Mukharjee has left the company On the 22nd of November, Rozie Mukharjee's tenure as Company Secretary & Compliance Officer ended after less than a year in the role. We don't have any record of a personal shareholding under Rozie's name. A total of 6 executives have left over the last 12 months. Valuation Update With 7 Day Price Move • Nov 19
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹88.55, the stock trades at a trailing P/E ratio of 78.1x. Average trailing P/E is 41x in the Biotechs industry in Asia. Total returns to shareholders of 884% over the past three years. Valuation Update With 7 Day Price Move • Aug 25
Investor sentiment improved over the past week After last week's 21% share price gain to ₹28.75, the stock trades at a trailing P/E ratio of 8.9x. Average trailing P/E is 41x in the Biotechs industry in Asia. Total returns to shareholders of 219% over the past three years. Is New 90 Day High Low • Dec 01
New 90-day high: ₹0.40 The company is up 33% from its price of ₹0.30 on 31 August 2020. The Indian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Biotechs industry, which is up 6.0% over the same period. Is New 90 Day High Low • Sep 24
New 90-day low: ₹0.25 The company is down 37% from its price of ₹0.40 on 26 June 2020. The Indian market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Biotechs industry, which is up 5.0% over the same period.