Board Change • Jul 23
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Director Mao Mohapatra was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 17
Full year 2026 earnings released: ₹1.05 loss per share (vs ₹3.75 loss in FY 2025) Full year 2026 results: ₹1.05 loss per share (improved from ₹3.75 loss in FY 2025). Revenue: ₹5.17b (down 9.8% from FY 2025). Net loss: ₹112.7m (loss narrowed 72% from FY 2025). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Tillkännagivande • Jul 02
OnMobile Global Limited, Annual General Meeting, Aug 11, 2026 OnMobile Global Limited, Annual General Meeting, Aug 11, 2026, at 16:00 Indian Standard Time. New Risk • Jul 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 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: Major Risk Earnings have declined by 54% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Market cap is less than US$100m (₹8.26b market cap, or US$86.5m). Reported Earnings • May 20
Full year 2026 earnings released: ₹1.07 loss per share (vs ₹3.75 loss in FY 2025) Full year 2026 results: ₹1.07 loss per share (improved from ₹3.75 loss in FY 2025). Revenue: ₹5.72b (flat on FY 2025). Net loss: ₹112.7m (loss narrowed 72% from FY 2025). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Tillkännagivande • May 04
OnMobile Global Limited to Report Q4, 2026 Results on May 18, 2026 OnMobile Global Limited announced that they will report Q4, 2026 results on May 18, 2026 Valuation Update With 7 Day Price Move • Apr 22
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹55.09, the stock trades at a trailing P/E ratio of 33.8x. Average trailing P/E is 28x in the Software industry in India. Total loss to shareholders of 22% over the past three years. Reported Earnings • Feb 07
Third quarter 2026 earnings released: EPS: ₹0.33 (vs ₹0.48 loss in 3Q 2025) Third quarter 2026 results: EPS: ₹0.33 (up from ₹0.48 loss in 3Q 2025). Revenue: ₹1.46b (down 11% from 3Q 2025). Net income: ₹35.8m (up ₹86.7m from 3Q 2025). Profit margin: 2.5% (up from net loss in 3Q 2025). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Tillkännagivande • Jan 19
OnMobile Global Limited to Report Q3, 2026 Results on Feb 05, 2026 OnMobile Global Limited announced that they will report Q3, 2026 results on Feb 05, 2026 New Risk • Dec 04
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 7.0% 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 Earnings have declined by 57% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₹6.20b market cap, or US$69.0m). Reported Earnings • Nov 05
Second quarter 2026 earnings released: EPS: ₹0.56 (vs ₹1.13 loss in 2Q 2025) Second quarter 2026 results: EPS: ₹0.56 (up from ₹1.13 loss in 2Q 2025). Revenue: ₹1.38b (up 6.6% from 2Q 2025). Net income: ₹60.1m (up ₹178.5m from 2Q 2025). Profit margin: 4.4% (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 66 percentage points per year, which is a significant difference in performance. Tillkännagivande • Oct 15
OnMobile Global Limited to Report Q2, 2026 Results on Nov 04, 2025 OnMobile Global Limited announced that they will report Q2, 2026 results on Nov 04, 2025 Reported Earnings • Aug 14
First quarter 2026 earnings released: EPS: ₹1.47 (vs ₹1.44 loss in 1Q 2025) First quarter 2026 results: EPS: ₹1.47 (up from ₹1.44 loss in 1Q 2025). Revenue: ₹1.48b (up 20% from 1Q 2025). Net income: ₹156.8m (up ₹310.0m from 1Q 2025). Profit margin: 11% (up from net loss in 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance. Tillkännagivande • Jul 17
OnMobile Global Limited to Report Q1, 2026 Results on Aug 13, 2025 OnMobile Global Limited announced that they will report Q1, 2026 results on Aug 13, 2025 Tillkännagivande • May 21
OnMobile Global Limited, Annual General Meeting, Sep 23, 2025 OnMobile Global Limited, Annual General Meeting, Sep 23, 2025. Tillkännagivande • Apr 30
OnMobile Global Limited to Report Q4, 2025 Results on May 20, 2025 OnMobile Global Limited announced that they will report Q4, 2025 results on May 20, 2025 New Risk • Mar 05
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 8.1% 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 Earnings have declined by 42% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Market cap is less than US$100m (₹5.83b market cap, or US$66.9m). Tillkännagivande • Jan 13
OnMobile Global Limited to Report Q3, 2025 Results on Feb 04, 2025 OnMobile Global Limited announced that they will report Q3, 2025 results on Feb 04, 2025 Tillkännagivande • Jan 03
Geeta Mathur Resigns as Independent Director of OnMobile Global Limited OnMobile Global Limited informed that Geeta Mathur (DIN: 02139552) vide email dated December 31, 2024, has submitted her resignation as an Independent Director of the Company with effect from close of business hours on 31st December, 2024, stating that as the year going by has been a challenging one for her with enhanced time commitments on both her personal and professional front, making it increasingly difficult for her to devote the necessary time as required by
her position as an independent director to the Company. Reported Earnings • Nov 12
Second quarter 2025 earnings released: ₹1.13 loss per share (vs ₹0.80 profit in 2Q 2024) Second quarter 2025 results: ₹1.13 loss per share (down from ₹0.80 profit in 2Q 2024). Revenue: ₹1.31b (down 2.2% from 2Q 2024). Net loss: ₹118.4m (down 239% from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance. Tillkännagivande • Oct 31
OnMobile Global Limited to Report Q2, 2025 Results on Nov 11, 2024 OnMobile Global Limited announced that they will report Q2, 2025 results on Nov 11, 2024 New Risk • Oct 07
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹7.94b (US$94.6m) This is considered a minor 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 Risk Earnings have declined by 17% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₹7.94b market cap, or US$94.6m). Tillkännagivande • Aug 23
OnMobile Global Limited, Annual General Meeting, Sep 25, 2024 OnMobile Global Limited, Annual General Meeting, Sep 25, 2024, at 16:00 Indian Standard Time. Reported Earnings • Aug 01
First quarter 2025 earnings released: ₹1.44 loss per share (vs ₹0.93 profit in 1Q 2024) First quarter 2025 results: ₹1.44 loss per share (down from ₹0.93 profit in 1Q 2024). Revenue: ₹1.24b (down 9.8% from 1Q 2024). Net loss: ₹153.2m (down 256% from profit in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance. Tillkännagivande • Jul 21
OnMobile Global Limited to Report Q1, 2025 Results on Jul 31, 2024 OnMobile Global Limited announced that they will report Q1, 2025 results on Jul 31, 2024 Valuation Update With 7 Day Price Move • Jul 18
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to ₹87.11, the stock trades at a trailing P/E ratio of 60.8x. Average trailing P/E is 43x in the Software industry in India. Total loss to shareholders of 38% over the past three years. Tillkännagivande • Jul 10
OnMobile Global Limited Announces Board and Committee Changes OnMobile Global Limited announced that at the board meeting held on July 09, 2024, appointed Frederic Lavoie as Additional Director (Non-Executive & Non-Independent Director) of the Company with effect from July 09, 2024. Steven Fred Roberts has tendered his resignation as Non-Executive & Non-Independent Director of the company with effect from closing of business hours of July 9, 2024 due to his other commitments, copy of resignation letter is enclosed. He shall also cease to be member of Nomination and Compensation Committee, Risk Management Committee and Investment Committee. Frédéric Lavoie's experience is Principal Occupation: Chief Operating Officer & Chief Financial Officer of Flaviar. Areas of expertise: Finance, Media, Technology, Food and Beverage, Gaming. Frédéric Lavoie is a seasoned executive with a background that includes digital content distribution, e-commerce and gaming. He currently serves as Chief Operating Officer and Chief Financial Officer of Flaviar, the world's largest B2C and B2B2C e- commerce platform for wine and spirits. Mr. Lavoie has 20 years of experience in mergers, acquisitions and financings. Before joining Flaviar, Mr. Lavoie built a successful career as President of Telesystem Media, an integrated media holding developing and distributing digital music and television programming. He also served as CEO of Modelcom, Canada's top boutique financial advisory firm. Mr. Lavoie is actively involved as an advisor and mentor to start- ups and entrepreneurs as part of the Techstars Accelerator Program. He is also a volunteer for the American Heart Association and UCLA Cardiovascular Research Lab. Mr. Lavoie holds a Bachelor of Business Administration and a Master of Business Administration (MBA) from Université Laval. He is also a Chartered Financial Analyst (CFA). Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹74.93, the stock trades at a trailing P/E ratio of 52.3x. Average trailing P/E is 41x in the Software industry in India. Total loss to shareholders of 37% over the past three years. Reported Earnings • May 16
Full year 2024 earnings released: EPS: ₹1.44 (vs ₹0.64 in FY 2023) Full year 2024 results: EPS: ₹1.44 (up from ₹0.64 in FY 2023). Revenue: ₹5.33b (up 1.6% from FY 2023). Net income: ₹152.4m (up 125% from FY 2023). Profit margin: 2.9% (up from 1.3% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Tillkännagivande • Apr 29
OnMobile Global Limited to Report Fiscal Year 2024 Results on May 14, 2024 OnMobile Global Limited announced that they will report fiscal year 2024 results on May 14, 2024 Tillkännagivande • Apr 09
OnMobile Global Limited Announces the Resignation of Sanjay Kapoor as an Independent Director and Cease to Be Member of Audit Committee, Nomination and Compensation Committee, Stakeholders Relationship Committee and Corporate Social Responsibility Committee OnMobile Global Limited that Sanjay Kapoor (DIN: 01973450) has tendered his resignation as an Independent director of the company with effect from April 9, 2024 as he would like to spend additional time on his personal business venture/investments, advisories and on account of his involvement as a director on the board of some other companies, he would be unable to devote the necessary time as required by his position as independent director to the Company and in turn meet the expectations that come along with such position. He shall also cease to be member of Audit Committee, Nomination and Compensation Committee, Stakeholders Relationship Committee and Corporate Social Responsibility Committee. Directorship: Tanla Platforms Limited (Non Executive Non Independent Director). Committee Memberships: Stakeholders Relationship Committee - Chairman; Nominations and Remuneration Committee - Member; Corporate Social Responsibility Committee Member; Risk Management Committee - Member. New Risk • Apr 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 8.8% 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 Risk Earnings have declined by 4.9% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Market cap is less than US$100m (₹8.15b market cap, or US$97.7m). Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to ₹76.75, the stock trades at a trailing P/E ratio of 59x. Average trailing P/E is 41x in the Software industry in India. Total loss to shareholders of 27% over the past three years. Board Change • Mar 13
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. Independent Director Paul Lamontagne 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. Valuation Update With 7 Day Price Move • Mar 12
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹68.30, the stock trades at a trailing P/E ratio of 52.5x. Average trailing P/E is 40x in the Software industry in India. Total loss to shareholders of 37% over the past three years. Valuation Update With 7 Day Price Move • Feb 15
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹91.55, the stock trades at a trailing P/E ratio of 70.3x. Average trailing P/E is 39x in the Software industry in India. Total loss to shareholders of 2.1% over the past three years. Reported Earnings • Feb 11
Third quarter 2024 earnings released: ₹0.23 loss per share (vs ₹0.38 profit in 3Q 2023) Third quarter 2024 results: ₹0.23 loss per share (down from ₹0.38 profit in 3Q 2023). Revenue: ₹1.24b (down 5.2% from 3Q 2023). Net loss: ₹25.3m (down 162% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Tillkännagivande • Jan 23
OnMobile Global Limited to Report Nine Months, 2024 Results on Feb 09, 2024 OnMobile Global Limited announced that they will report nine months, 2024 results on Feb 09, 2024 Recent Insider Transactions • Nov 22
Insider recently sold ₹3.4m worth of stock On the 16th of November, Radhika Venugopal sold around 32k shares on-market at roughly ₹107 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹7.1m. Insiders have been net sellers, collectively disposing of ₹24m more than they bought in the last 12 months. Tillkännagivande • Oct 13
OnMobile Global Limited to Report Q2, 2024 Results on Nov 06, 2023 OnMobile Global Limited announced that they will report Q2, 2024 results on Nov 06, 2023 Tillkännagivande • Aug 23
OnMobile Global Limited Announces Intimation of Closure of Wholly Owned Subsidiary Company OnMobile Global Limited announced that OnMobile Madagascar Telecom Limited, a non-material wholly owned subsidiary of the Company has been closed effective August 18, 2023. Recent Insider Transactions • Aug 20
Insider recently sold ₹1.0m worth of stock On the 16th of August, Prashanth Shenoy sold around 10k shares on-market at roughly ₹105 per share. This transaction amounted to 31% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹7.6m. Insiders have been net sellers, collectively disposing of ₹26m more than they bought in the last 12 months. Tillkännagivande • Aug 18
OnMobile Global Limited, Annual General Meeting, Sep 25, 2023 OnMobile Global Limited, Annual General Meeting, Sep 25, 2023, at 16:00 Indian Standard Time. New Risk • Aug 09
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 8.0% 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 (8.0% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.4% net profit margin). Significant insider selling over the past 3 months (₹7.6m sold). Reported Earnings • Aug 08
First quarter 2024 earnings released: EPS: ₹0.93 (vs ₹0.39 in 1Q 2023) First quarter 2024 results: EPS: ₹0.93 (up from ₹0.39 in 1Q 2023). Revenue: ₹1.41b (up 4.5% from 1Q 2023). Net income: ₹98.3m (up 139% from 1Q 2023). Profit margin: 7.0% (up from 3.0% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 35% per year, which means it is well ahead of earnings. Tillkännagivande • Jul 14
OnMobile Global Limited to Report Q1, 2024 Results on Aug 07, 2023 OnMobile Global Limited announced that they will report Q1, 2024 results at 4:00 PM, Indian Standard Time on Aug 07, 2023 New Risk • Jun 11
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: ₹8.9m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.3% net profit margin). Significant insider selling over the past 3 months (₹8.9m sold). Market cap is less than US$100m (₹7.65b market cap, or US$92.8m). Recent Insider Transactions • Jun 10
Insider recently sold ₹7.6m worth of stock On the 5th of June, Kishore Sambasivam sold around 100k shares on-market at roughly ₹76.14 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹25m more than they bought in the last 12 months. Reported Earnings • May 31
Full year 2023 earnings released: ₹0.02 loss per share (vs ₹3.09 profit in FY 2022) Full year 2023 results: ₹0.02 loss per share (down from ₹3.09 profit in FY 2022). Revenue: ₹1.27b (down 76% from FY 2022). Net loss: ₹21.2m (down 107% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 39% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • May 22
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹80.95, the stock trades at a trailing P/E ratio of 63.8x. Average trailing P/E is 28x in the Software industry in India. Total returns to shareholders of 206% over the past three years. Tillkännagivande • May 10
OnMobile Global Limited to Report Q4, 2023 Results on May 29, 2023 OnMobile Global Limited announced that they will report Q4, 2023 results on May 29, 2023 Recent Insider Transactions • Apr 05
Insider recently sold ₹1.3m worth of stock On the 31st of March, Prashanth Shenoy sold around 20k shares on-market at roughly ₹62.87 per share. This transaction amounted to 38% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹29m more than they bought in the last 12 months. Reported Earnings • Feb 07
Third quarter 2023 earnings released: EPS: ₹0.38 (vs ₹0.83 in 3Q 2022) Third quarter 2023 results: EPS: ₹0.38 (down from ₹0.83 in 3Q 2022). Revenue: ₹1.38b (up 3.7% from 3Q 2022). Net income: ₹40.6m (down 53% from 3Q 2022). Profit margin: 2.9% (down from 6.5% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 44% per year, which means it is well ahead of earnings. Tillkännagivande • Jan 24
OnMobile Global Limited to Report Q3, 2023 Results on Feb 06, 2023 OnMobile Global Limited announced that they will report Q3, 2023 results on Feb 06, 2023 Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹82.75, the stock trades at a trailing P/E ratio of 48.4x. Average trailing P/E is 31x in the Software industry in India. Total returns to shareholders of 193% over the past three years. Recent Insider Transactions • Dec 08
Insider recently sold ₹1.0m worth of stock On the 5th of December, S. Sudhir sold around 10k shares on-market at roughly ₹104 per share. This transaction amounted to 67% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹15m. Insiders have been net sellers, collectively disposing of ₹29m more than they bought in the last 12 months. Reported Earnings • Nov 09
Second quarter 2023 earnings released: EPS: ₹0.06 (vs ₹0.25 in 2Q 2022) Second quarter 2023 results: EPS: ₹0.06 (down from ₹0.25 in 2Q 2022). Revenue: ₹1.35b (up 3.6% from 2Q 2022). Net income: ₹6.08m (down 77% from 2Q 2022). Profit margin: 0.5% (down from 2.0% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • May 29
VP & Head of Digital Business Unit recently sold ₹12m worth of stock On the 26th of May, Ignacio Velasco sold around 100k shares on-market at roughly ₹118 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹72m more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • May 26
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹120, the stock trades at a trailing P/E ratio of 39.7x. Average trailing P/E is 26x in the Software industry in India. Total returns to shareholders of 232% over the past three years. Reported Earnings • May 21
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: ₹3.08 (down from ₹4.43 in FY 2021). Revenue: ₹5.27b (down 4.5% from FY 2021). Net income: ₹324.6m (down 29% from FY 2021). Profit margin: 6.2% (down from 8.3% in FY 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 23%. Earnings per share (EPS) also missed analyst estimates by 85%. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • May 11
Investor sentiment deteriorated over the past week After last week's 19% share price decline to ₹136, the stock trades at a trailing P/E ratio of 35.6x. Average trailing P/E is 27x in the Software industry in India. Total returns to shareholders of 276% over the past three years. Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improved over the past week After last week's 31% share price gain to ₹149, the stock trades at a trailing P/E ratio of 30.7x. Average trailing P/E is 34x in the Software industry in India. Total returns to shareholders of 274% over the past three years. Reported Earnings • Feb 11
Third quarter 2022 earnings: EPS and revenues miss analyst expectations Third quarter 2022 results: EPS: ₹0.83 (down from ₹1.09 in 3Q 2021). Revenue: ₹1.33b (down 4.7% from 3Q 2021). Net income: ₹87.2m (down 23% from 3Q 2021). Profit margin: 6.5% (down from 8.1% in 3Q 2021). Revenue missed analyst estimates by 23%. Earnings per share (EPS) also missed analyst estimates by 85%. 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 67% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jan 21
Investor sentiment improved over the past week After last week's 27% share price gain to ₹155, the stock trades at a trailing P/E ratio of 35.9x. Average trailing P/E is 33x in the Software industry in India. Total returns to shareholders of 392% over the past three years. Recent Insider Transactions • Dec 16
Insider recently sold ₹1.1m worth of stock On the 13th of December, Rahul Raina sold around 10k shares on-market at roughly ₹108 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹11m. Insiders have been net sellers, collectively disposing of ₹78m more than they bought in the last 12 months. Recent Insider Transactions • Nov 17
VP & Head of Digital Business Unit recently sold ₹11m worth of stock On the 12th of November, Ignacio Velasco sold around 100k shares on-market at roughly ₹111 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹12m. Insiders have been net sellers, collectively disposing of ₹77m more than they bought in the last 12 months. Reported Earnings • Nov 15
Second quarter 2022 earnings released: EPS ₹0.25 (vs ₹0.74 in 2Q 2021) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹1.30b (down 6.8% from 2Q 2021). Net income: ₹26.6m (down 65% from 2Q 2021). Profit margin: 2.0% (down from 5.4% in 2Q 2021). 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 47% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Sep 16
Insider recently sold ₹12m worth of stock On the 13th of September, Palani Venkatesan sold around 103k shares on-market at roughly ₹116 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹66m more than they bought in the last 12 months. Recent Insider Transactions • Aug 12
Independent Director recently sold ₹9.3m worth of stock On the 10th of August, Sanjay Kapoor sold around 70k shares on-market at roughly ₹133 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹53m more than they bought in the last 12 months. Reported Earnings • Aug 09
First quarter 2022 earnings released: EPS ₹1.57 (vs ₹1.16 in 1Q 2021) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2022 results: Revenue: ₹1.29b (down 8.6% from 1Q 2021). Net income: ₹164.1m (up 36% from 1Q 2021). Profit margin: 13% (up from 8.6% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 47% per year whereas the company’s share price has increased by 49% per year. Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment improved over the past week After last week's 30% share price gain to ₹144, the stock trades at a trailing P/E ratio of 28.4x. Average trailing P/E is 27x in the Software industry in India. Total returns to shareholders of 274% over the past three years. Recent Insider Transactions • Jul 03
Vice-President of Human Resources recently sold ₹1.8m worth of stock On the 30th of June, Kishore Sambasivam sold around 17k shares on-market at roughly ₹111 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹7.5m. Insiders have been net sellers, collectively disposing of ₹41m more than they bought in the last 12 months. Recent Insider Transactions • Jun 11
Insider recently sold ₹7.5m worth of stock On the 8th of June, Prashanth Shenoy sold around 60k shares on-market at roughly ₹123 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹30m more than they bought in the last 12 months. Recent Insider Transactions • Jun 05
Insider recently sold ₹1.9m worth of stock On the 31st of May, Himanshu Asrani sold around 16k shares on-market at roughly ₹119 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹5.0m. Insiders have been net sellers, collectively disposing of ₹20m more than they bought in the last 12 months. Reported Earnings • Jun 03
Full year 2021 earnings released: EPS ₹4.42 (vs ₹2.61 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: ₹5.51b (down 3.7% from FY 2020). Net income: ₹459.8m (up 67% from FY 2020). Profit margin: 8.3% (up from 4.8% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • May 24
Investor sentiment improved over the past week After last week's 17% share price gain to ₹119, the stock trades at a trailing P/E ratio of 25x. Average trailing P/E is 18x in the Software industry in India. Total returns to shareholders of 248% over the past three years. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment improved over the past week After last week's 21% share price gain to ₹107, the stock trades at a trailing P/E ratio of 21.8x. Average trailing P/E is 17x in the Software industry in India. Total returns to shareholders of 152% over the past three years. Recent Insider Transactions • Apr 02
Insider recently sold ₹5.0m worth of stock On the 26th of March, Vikas Goel sold around 54k shares on-market at roughly ₹91.80 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹12m more than they bought in the last 12 months. Recent Insider Transactions • Feb 21
Insider recently sold ₹2.6m worth of stock On the 17th of February, Bikram Sherawat sold around 25k shares on-market at roughly ₹104 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹2.7m more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Feb 08
Investor sentiment improved over the past week After last week's 19% share price gain to ₹65.90, the stock is trading at a trailing P/E ratio of 14.7x, up from the previous P/E ratio of 12.4x. This compares to an average P/E of 15x in the Software industry in India. Total returns to shareholders over the past three years are 43%. Is New 90 Day High Low • Feb 05
New 90-day high: ₹68.60 The company is up 61% from its price of ₹42.55 on 06 November 2020. The Indian market is up 23% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 33% over the same period. Reported Earnings • Feb 02
Third quarter 2021 earnings released: EPS ₹1.09 (vs ₹0.62 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: ₹1.42b (flat on 3Q 2020). Net income: ₹113.2m (up 74% from 3Q 2020). Profit margin: 8.0% (up from 4.5% in 3Q 2020). 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 7% per year, which means it is significantly lagging earnings growth.