New Risk • May 21
New major risk - Revenue and earnings growth Earnings have declined by 11% 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 Less than 1 year of cash runway based on free cash flow trend (-₹1.2m free cash flow). Negative equity (-₹122m). Earnings have declined by 11% per year over the past 5 years. Revenue is less than US$1m (₹8.0k revenue, or US$83.0). Market cap is less than US$10m (₹49.2m market cap, or US$511.6k). Duyuru • May 20
Simplex Papers Limited, Annual General Meeting, Aug 04, 2026 Simplex Papers Limited, Annual General Meeting, Aug 04, 2026. Duyuru • May 11
Simplex Papers Limited to Report Fiscal Year 2026 Results on May 19, 2026 Simplex Papers Limited announced that they will report fiscal year 2026 results on May 19, 2026 Duyuru • Jan 19
Simplex Papers Limited to Report Q3, 2026 Results on Feb 10, 2026 Simplex Papers Limited announced that they will report Q3, 2026 results on Feb 10, 2026 Duyuru • Nov 03
Simplex Papers Limited to Report Q2, 2026 Results on Nov 12, 2025 Simplex Papers Limited announced that they will report Q2, 2026 results at 12:15 PM, Indian Standard Time on Nov 12, 2025 Duyuru • Jul 29
Simplex Papers Limited to Report Q1, 2026 Results on Aug 05, 2025 Simplex Papers Limited announced that they will report Q1, 2026 results on Aug 05, 2025 New Risk • Jul 11
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 8.5% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹1.5m free cash flow). Share price has been highly volatile over the past 3 months (8.5% average weekly change). Negative equity (-₹121m). Revenue is less than US$1m. Market cap is less than US$10m (₹53.9m market cap, or US$627.6k). Duyuru • May 20
Simplex Papers Limited, Annual General Meeting, Aug 05, 2025 Simplex Papers Limited, Annual General Meeting, Aug 05, 2025. Duyuru • May 13
Simplex Papers Limited to Report Fiscal Year 2025 Results on May 20, 2025 Simplex Papers Limited announced that they will report fiscal year 2025 results on May 20, 2025 New Risk • May 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 8.6% 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 Less than 1 year of cash runway based on free cash flow trend (-₹1.8m free cash flow). Negative equity (-₹120m). Revenue is less than US$1m. Market cap is less than US$10m (₹61.4m market cap, or US$728.6k). Minor Risk Share price has been volatile over the past 3 months (8.6% average weekly change). New Risk • Jan 23
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 Less than 1 year of cash runway based on free cash flow trend (-₹1.8m free cash flow). Negative equity (-₹120m). Revenue is less than US$1m. Market cap is less than US$10m (₹66.2m market cap, or US$765.8k). Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change). Duyuru • Jan 21
Simplex Papers Limited to Report Q3, 2025 Results on Feb 05, 2025 Simplex Papers Limited announced that they will report Q3, 2025 results on Feb 05, 2025 Board Change • Dec 09
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. Independent Non-Executive Director Manish Harshey was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • Sep 27
Simplex Papers Limited to Report First Half, 2025 Results on Oct 25, 2024 Simplex Papers Limited announced that they will report first half, 2025 results on Oct 25, 2024 Valuation Update With 7 Day Price Move • Sep 17
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to ₹2,573, the stock trades at a trailing P/E ratio of 56x. Average trailing P/E is 37x in the Trade Distributors industry in India. Total returns to shareholders of 279% over the past three years. Valuation Update With 7 Day Price Move • Aug 21
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹2,026, the stock trades at a trailing P/E ratio of 44.1x. Average trailing P/E is 36x in the Trade Distributors industry in India. Total returns to shareholders of 32% over the past three years. Duyuru • Jul 22
Simplex Papers Limited to Report Q1, 2025 Results on Aug 06, 2024 Simplex Papers Limited announced that they will report Q1, 2025 results on Aug 06, 2024 New Risk • Jul 12
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 7.9% 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: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Negative equity (-₹119m). High level of non-cash earnings (52% accrual ratio). Revenue is less than US$1m (₹165k revenue, or US$2.0k). Market cap is less than US$10m (₹50.4m market cap, or US$603.7k). Minor Risk Share price has been volatile over the past 3 months (7.9% average weekly change). Valuation Update With 7 Day Price Move • Jun 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹2,011, the stock trades at a trailing P/E ratio of 52.8x. Average trailing P/E is 35x in the Trade Distributors industry in India. Total returns to shareholders of 634% over the past three years. Duyuru • May 19
Simplex Papers Limited, Annual General Meeting, Aug 06, 2024 Simplex Papers Limited, Annual General Meeting, Aug 06, 2024. New Risk • May 18
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 52% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Negative equity (-₹119m). High level of non-cash earnings (52% accrual ratio). Revenue is less than US$1m (₹165k revenue, or US$2.0k). Market cap is less than US$10m (₹46.6m market cap, or US$559.0k). Valuation Update With 7 Day Price Move • May 16
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹1,478, the stock trades at a trailing P/E ratio of 47.5x. Average trailing P/E is 34x in the Trade Distributors industry in India. Total returns to shareholders of 521% over the past three years. Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹1,856, the stock trades at a trailing P/E ratio of 59.7x. Average trailing P/E is 30x in the Trade Distributors industry in India. Total returns to shareholders of 1,032% over the past three years. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹1,569, the stock trades at a trailing P/E ratio of 50.5x. Average trailing P/E is 33x in the Trade Distributors industry in India. Total returns to shareholders of 1,208% over the past three years. Duyuru • Jan 09
Simplex Papers Limited to Report Q3, 2024 Results on Jan 23, 2024 Simplex Papers Limited announced that they will report Q3, 2024 results at 3:30 PM, Indian Standard Time on Jan 23, 2024 New Risk • Dec 07
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 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Negative equity (-₹118m). High level of non-cash earnings (57% accrual ratio). Revenue is less than US$1m (₹34k revenue, or US$408). Market cap is less than US$10m (₹32.7m market cap, or US$392.3k). Minor Risk Share price has been volatile over the past 3 months (7.3% average weekly change). Duyuru • Oct 21
Simplex Papers Limited to Report Q2, 2024 Results on Nov 01, 2023 Simplex Papers Limited announced that they will report Q2, 2024 results on Nov 01, 2023 New Risk • Jul 04
New major risk - Revenue and earnings growth Earnings have declined by 2.6% 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 Less than 1 year of cash runway based on free cash flow trend (-₹1.6m free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Negative equity (-₹120m). Earnings have declined by 2.6% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₹64.3m market cap, or US$785.0k). Board Change • Jun 22
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. Independent Non-Executive Director Manish Harshey was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • May 11
Simplex Papers Limited, Annual General Meeting, Aug 01, 2023 Simplex Papers Limited, Annual General Meeting, Aug 01, 2023. Duyuru • Jan 10
Simplex Papers Limited to Report Q3, 2023 Results on Jan 20, 2023 Simplex Papers Limited announced that they will report Q3, 2023 results on Jan 20, 2023 Board Change • Nov 16
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. 2 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Manish Harshey was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • Jul 30
Simplex Papers Limited Appoints of Bikash Singh as Company Secretary and Compliance Officer The Board of Directors of Simplex Papers Limited at its meeting held on. 29th July, 2022 has approved the appointment of Shri Bikash Singh (ICSI Membership Number-A 40220) as the Company Secretary and Key Managerial Personnel of the company with an immediate effect. Shri Bikash Singh is a qualified Company Secretary and Law Graduate (LLB) and has also qualified Inter CA and CMA. Mr. Singh has more than 10 years of extensive experience in Company Secretarial function and Accounts & Finance. Mr. Singh has joined the Company from Explosoft Tech Solution Private Limited. Duyuru • Jul 22
Simplex Papers Limited to Report Q1, 2023 Results on Jul 29, 2022 Simplex Papers Limited announced that they will report Q1, 2023 results on Jul 29, 2022 Duyuru • May 15
Simplex Papers Limited, Annual General Meeting, Aug 02, 2022 Simplex Papers Limited, Annual General Meeting, Aug 02, 2022. Duyuru • May 08
Simplex Papers Limited to Report Q4, 2022 Results on May 14, 2022 Simplex Papers Limited announced that they will report Q4, 2022 results on May 14, 2022 Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Manish Harshey was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • Feb 01
Simplex Papers Limited Announces Resignation of Kinjal P. Shah as Company Secretary and Compliance Officer Simplex Papers Limited announced that Mrs. Kinjal P. Shah has tendered her resignation from the services of the Company. She will continue in her current position as Company Secretary and Compliance Officer till 31st January, 2022. Valuation Update With 7 Day Price Move • Jul 12
Investor sentiment improved over the past week After last week's 16% share price gain to ₹4.41, the stock trades at a trailing P/E ratio of 52.7x. Average trailing P/E is 35x in the Trade Distributors industry in India. Total returns to shareholders of 108% over the past three years. Valuation Update With 7 Day Price Move • Jun 24
Investor sentiment improved over the past week After last week's 21% share price gain to ₹3.46, the stock trades at a trailing P/E ratio of 41.4x. Average trailing P/E is 33x in the Trade Distributors industry in India. Total returns to shareholders of 31% over the past three years. Valuation Update With 7 Day Price Move • Jun 05
Investor sentiment improved over the past week After last week's 15% share price gain to ₹2.74, the stock trades at a trailing P/E ratio of 34.3x. Average trailing P/E is 23x in the Trade Distributors industry in India. Total loss to shareholders of 3.9% over the past three years. Is New 90 Day High Low • Mar 02
New 90-day high: ₹1.44 The company is up 80% from its price of ₹0.80 on 02 December 2020. The Indian market is up 16% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Trade Distributors industry, which is up 87% over the same period. Is New 90 Day High Low • Feb 09
New 90-day high: ₹1.26 The company is up 62% from its price of ₹0.78 on 11 November 2020. The Indian market is up 22% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Trade Distributors industry, which is up 71% over the same period. Duyuru • Jan 23
Simplex Papers Limited to Report Q3, 2021 Results on Feb 02, 2021 Simplex Papers Limited announced that they will report Q3, 2021 results on Feb 02, 2021 Is New 90 Day High Low • Jan 20
New 90-day high: ₹1.05 The company is up 46% from its price of ₹0.72 on 22 October 2020. The Indian market is up 23% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Trade Distributors industry, which is up 60% over the same period. Is New 90 Day High Low • Jan 04
New 90-day high: ₹0.92 The company is up 39% from its price of ₹0.66 on 06 October 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Trade Distributors industry, which is up 44% over the same period. Is New 90 Day High Low • Dec 21
New 90-day high: ₹0.84 The company is up 40% from its price of ₹0.60 on 18 September 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Trade Distributors industry, which is up 45% over the same period. Is New 90 Day High Low • Nov 20
New 90-day high: ₹0.81 The company is up 40% from its price of ₹0.58 on 21 August 2020. The Indian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Trade Distributors industry, which is up 44% over the same period. Is New 90 Day High Low • Nov 04
New 90-day high: ₹0.78 The company is up 39% from its price of ₹0.56 on 06 August 2020. The Indian market is up 6.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Trade Distributors industry, which is up 58% over the same period. Duyuru • Oct 13
Simplex Papers Limited to Report Q2, 2021 Results on Oct 20, 2020 Simplex Papers Limited announced that they will report Q2, 2021 results on Oct 20, 2020 Duyuru • Jul 25
Simplex Papers Limited to Report Q1, 2021 Results on Jul 30, 2020 Simplex Papers Limited announced that they will report Q1, 2021 results on Jul 30, 2020 Duyuru • Jun 16
Simplex Papers Limited to Report Q4, 2020 Results on Jun 19, 2020 Simplex Papers Limited announced that they will report Q4, 2020 results on Jun 19, 2020