New Risk • Jun 16
New major risk - Revenue size The company makes less than US$1m in revenue. Total revenue: ₹91m (US$964k) This is considered a major risk. Companies with a small amount of revenue 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 (₹91m revenue, or US$964k). Market cap is less than US$10m (₹511.0m market cap, or US$5.40m). Minor Risk Share price has been volatile over the past 3 months (10% average weekly change). Reported Earnings • May 30
Full year 2026 earnings released: ₹0.17 loss per share (vs ₹0.16 profit in FY 2025) Full year 2026 results: ₹0.17 loss per share (down from ₹0.16 profit in FY 2025). Revenue: ₹114.1m (down 92% from FY 2025). Net loss: ₹18.2m (down 207% from profit in FY 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance. Duyuru • May 30
Dhatre Udyog Limited Announces Resignation of Ankita Dutta from Company Secretary and Compliance Officer, Effective May 30, 2026 Dhatre Udyog Limited announced that Mrs. Ankita Dutta (Membership No. 61913) had tendered her resignation from the position of Company Secretary & Compliance Officer and Key Managerial Personnel (KMP) of the Company, with effect from the close of business hours on May 30, 2026. The resignation was due to personal reasons. Ankita Dutta confirmed that there were no other material reasons for her resignation other than those mentioned above. The Board was requested to accept her resignation and arrange to file the necessary e-forms with the Registrar of Companies and intimate the Stock Exchanges as required under applicable laws, including the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Duyuru • May 25
Dhatre Udyog Limited to Report Q4, 2026 Results on May 29, 2026 Dhatre Udyog Limited announced that they will report Q4, 2026 results on May 29, 2026 New Risk • Apr 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 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 Risk Market cap is less than US$10m (₹422.7m market cap, or US$4.54m). Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Revenue is less than US$5m (₹269m revenue, or US$2.9m). New Risk • Feb 16
New minor risk - Revenue size The company makes less than US$5m in revenue. Total revenue: ₹284m (US$3.1m) This is considered a minor risk. Companies with a small amount of revenue 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 Market cap is less than US$10m (₹545.9m market cap, or US$6.03m). Minor Risk Revenue is less than US$5m (₹284m revenue, or US$3.1m). Reported Earnings • Feb 16
Third quarter 2026 earnings released: ₹0.03 loss per share (vs ₹0.04 profit in 3Q 2025) Third quarter 2026 results: ₹0.03 loss per share (down from ₹0.04 profit in 3Q 2025). Revenue: ₹7.40m (down 98% from 3Q 2025). Net loss: ₹3.24m (down 182% from profit in 3Q 2025). 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. Duyuru • Feb 10
Dhatre Udyog Limited to Report Q3, 2026 Results on Feb 13, 2026 Dhatre Udyog Limited announced that they will report Q3, 2026 results on Feb 13, 2026 Reported Earnings • Nov 16
Second quarter 2026 earnings released: ₹0.15 loss per share (vs ₹0.02 profit in 2Q 2025) Second quarter 2026 results: ₹0.15 loss per share (down from ₹0.02 profit in 2Q 2025). Revenue: ₹7.08m (down 98% from 2Q 2025). Net loss: ₹16.8m (down ₹19.3m from profit in 2Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 140 percentage points per year, which is a significant difference in performance. Duyuru • Nov 11
Dhatre Udyog Limited to Report Q2, 2026 Results on Nov 14, 2025 Dhatre Udyog Limited announced that they will report Q2, 2026 results on Nov 14, 2025 Duyuru • Sep 08
Dhatre Udyog Limited, Annual General Meeting, Sep 27, 2025 Dhatre Udyog Limited, Annual General Meeting, Sep 27, 2025, at 13:00 Indian Standard Time. New Risk • Sep 02
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₹745.2m market cap, or US$8.47m). Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Profit margins are more than 30% lower than last year (2.5% net profit margin). Valuation Update With 7 Day Price Move • Aug 28
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹6.18, the stock trades at a trailing P/E ratio of 13.5x. Average trailing P/E is 23x in the Metals and Mining industry in India. Total loss to shareholders of 52% over the past year. Duyuru • Aug 09
Dhatre Udyog Limited to Report Q1, 2026 Results on Aug 14, 2025 Dhatre Udyog Limited announced that they will report Q1, 2026 results on Aug 14, 2025 New Risk • Jun 30
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹847.7m (US$9.89m) 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 Risk Market cap is less than US$10m (₹847.7m market cap, or US$9.89m). Minor Risk Profit margins are more than 30% lower than last year (2.5% net profit margin). Duyuru • May 22
Dhatre Udyog Limited to Report Q4, 2025 Results on May 30, 2025 Dhatre Udyog Limited announced that they will report Q4, 2025 results on May 30, 2025 New Risk • Feb 15
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.6% Last year net profit margin: 5.9% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (2.6% net profit margin). Market cap is less than US$100m (₹961.0m market cap, or US$11.1m). Reported Earnings • Feb 15
Third quarter 2025 earnings released: EPS: ₹0.04 (vs ₹0.33 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.04 (down from ₹0.33 in 3Q 2024). Revenue: ₹394.8m (down 27% from 3Q 2024). Net income: ₹3.97m (down 89% from 3Q 2024). Profit margin: 1.0% (down from 6.7% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 29% per year, which means it has not declined as severely as earnings. Duyuru • Feb 07
Dhatre Udyog Limited to Report Q3, 2025 Results on Feb 14, 2025 Dhatre Udyog Limited announced that they will report Q3, 2025 results on Feb 14, 2025 Duyuru • Nov 12
Dhatre Udyog Limited to Report Q2, 2025 Results on Nov 14, 2024 Dhatre Udyog Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Duyuru • Sep 10
Dhatre Udyog Limited, Annual General Meeting, Sep 30, 2024 Dhatre Udyog Limited, Annual General Meeting, Sep 30, 2024, at 13:00 Indian Standard Time. Valuation Update With 7 Day Price Move • Aug 30
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹12.23, the stock trades at a trailing P/E ratio of 13.5x. Average trailing P/E is 27x in the Metals and Mining industry in India. Total loss to shareholders of 80% over the past three years. Reported Earnings • Aug 15
First quarter 2025 earnings released: EPS: ₹0.06 (vs ₹0.18 in 1Q 2024) First quarter 2025 results: EPS: ₹0.06 (down from ₹0.18 in 1Q 2024). Revenue: ₹534.3m (up 32% from 1Q 2024). Net income: ₹7.05m (down 65% from 1Q 2024). Profit margin: 1.3% (down from 4.9% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings. Duyuru • Aug 09
Dhatre Udyog Limited to Report Q1, 2025 Results on Aug 14, 2024 Dhatre Udyog Limited announced that they will report Q1, 2025 results on Aug 14, 2024 Valuation Update With 7 Day Price Move • Jun 12
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹21.19, the stock trades at a trailing P/E ratio of 20.7x. Average trailing P/E is 25x in the Metals and Mining industry in India. Total loss to shareholders of 74% over the past three years. Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: ₹1.03 (vs ₹0.61 in FY 2023) Full year 2024 results: EPS: ₹1.03 (up from ₹0.61 in FY 2023). Revenue: ₹2.19b (up 105% from FY 2023). Net income: ₹111.8m (up 67% from FY 2023). Profit margin: 5.1% (down from 6.2% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings. Duyuru • May 25
Dhatre Udyog Limited to Report Q4, 2024 Results on May 30, 2024 Dhatre Udyog Limited announced that they will report Q4, 2024 results on May 30, 2024 New Risk • Mar 28
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹246.2m (US$2.95m) 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 Risk Market cap is less than US$10m (₹246.2m market cap, or US$2.95m). Minor Risks Share price has been volatile over the past 3 months (9.3% average weekly change). Profit margins are more than 30% lower than last year (5.9% net profit margin). Valuation Update With 7 Day Price Move • Mar 20
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹215, the stock trades at a trailing P/E ratio of 22.4x. Average trailing P/E is 21x in the Metals and Mining industry in India. Total loss to shareholders of 50% over the past three years. Buy Or Sell Opportunity • Mar 18
Now 22% overvalued Over the last 90 days, the stock has fallen 14% to ₹195. The fair value is estimated to be ₹160, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 43% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Mar 03
Now 23% overvalued Over the last 90 days, the stock has fallen 25% to ₹196. The fair value is estimated to be ₹159, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 43% over the last 3 years. Meanwhile, the company has become profitable. New Risk • Feb 01
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 9.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.3% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (5.9% net profit margin). Profit margins are more than 30% lower than last year (5.9% net profit margin). Market cap is less than US$100m (₹2.41b market cap, or US$29.1m). Market cap is less than US$100m (₹2.41b market cap, or US$29.1m). Reported Earnings • Jan 16
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: ₹578.5m (up 36% from 3Q 2023). Net income: ₹36.2m (up 191% from 3Q 2023). Profit margin: 6.3% (up from 2.9% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Duyuru • Jan 09
Dhatre Udyog Limited to Report Q3, 2024 Results on Jan 15, 2024 Dhatre Udyog Limited announced that they will report Q3, 2024 results on Jan 15, 2024 Valuation Update With 7 Day Price Move • Jan 08
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹223, the stock trades at a trailing P/E ratio of 30.1x. Average trailing P/E is 23x in the Metals and Mining industry in India. Total loss to shareholders of 61% over the past three years. Valuation Update With 7 Day Price Move • Dec 07
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹291, the stock trades at a trailing P/E ratio of 39.2x. Average trailing P/E is 22x in the Metals and Mining industry in India. Total loss to shareholders of 47% over the past three years. Reported Earnings • Nov 16
Second quarter 2024 earnings released: EPS: ₹1.76 (vs ₹12.09 in 2Q 2023) Second quarter 2024 results: EPS: ₹1.76. Revenue: ₹430.0m (up 193% from 2Q 2023). Net income: ₹19.2m (up 60% from 2Q 2023). Profit margin: 4.5% (down from 8.2% in 2Q 2023). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Nov 09
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹206, the stock trades at a trailing P/E ratio of 30.5x. Average trailing P/E is 20x in the Metals and Mining industry in India. Total loss to shareholders of 66% over the past three years. Valuation Update With 7 Day Price Move • Oct 10
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹144, the stock trades at a trailing P/E ratio of 21.3x. Average trailing P/E is 19x in the Metals and Mining industry in India. Total loss to shareholders of 69% over the past three years. Duyuru • Sep 05
Dhatre Udyog Limited, Annual General Meeting, Sep 29, 2023 Dhatre Udyog Limited, Annual General Meeting, Sep 29, 2023, at 13:00 Indian Standard Time. Duyuru • Aug 08
Dhatre Udyog Limited to Report Q1, 2024 Results on Aug 14, 2023 Dhatre Udyog Limited announced that they will report Q1, 2024 results on Aug 14, 2023 Duyuru • Jul 01
Dhatre Udyog Limited Announces Resignation of Amit Ranjan Sinha as Executive Director The Board of Directors of Dhatre Udyog Limited in their meeting held on 30th June, 2023 has noted the resignation of Mr. Amit Ranjan Sinha, Executive Director of the Company- Resignation of Mr. Amit Ranjan Sinha from the directorship of the Company be and is hereby accepted with effect from 30th June, 2023. Reason: Resignation due to personal reasons. New Risk • Jun 21
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 Risk Shareholders have been substantially diluted in the past year (over 18x increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₹1.09b market cap, or US$13.3m). Duyuru • May 25
Narayani Steels Limited to Report Q4, 2023 Results on May 30, 2023 Narayani Steels Limited announced that they will report Q4, 2023 results on May 30, 2023 Duyuru • Feb 07
Narayani Steels Limited to Report Q3, 2023 Results on Feb 14, 2023 Narayani Steels Limited announced that they will report Q3, 2023 results on Feb 14, 2023 Duyuru • Jan 26
Narayani Steels Limited Announces Resignation of Akansha Agarwal from the Post of Non-Executive Independent Director Narayani Steels Limited at its board of directors meeting held on 25 January 2023 taken note of resignation of Akansha Agarwal from the post of Non-Executive Independent Director. Board Change • Nov 21
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Ajit Nath is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Duyuru • Nov 08
Narayani Steels Limited Replaces Mr. Arun Kumar Meher with Mrs. Ankita Dutta as Company Secretary and Compliance Officer with Effect from November 7, 2022 Narayani Steels Limited approved the resignation of Mr. Arun Kumar Meher from the post of Company Secretary and Compliance Officer with effect from November 7, 2022 at the Annual General Meeting held on November 7, 2022. The company also announced appointment of Mrs. Ankita Dutta as the Company Secretary and Compliance Officer with effect from November 7, 2022. Duyuru • Nov 05
Narayani Steels Limited to Report Q2, 2023 Results on Nov 14, 2022 Narayani Steels Limited announced that they will report Q2, 2023 results on Nov 14, 2022 Board Change • Sep 16
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Additional Independent Non-Executive Director Ajit Nath is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Duyuru • Sep 08
Narayani Steels Limited, Annual General Meeting, Sep 29, 2022 Narayani Steels Limited, Annual General Meeting, Sep 29, 2022, at 16:00 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Financial Statements (Standalone and Consolidated) consisting of the Statement of Profit & Loss for the period ending 31 March, 2022; to appoint a director in place of Sumit Kumar Agarwal, Additional Director of the Company who retires by rotation and being eligible, offers himself for re- appointment; and to consider any other matters. Duyuru • Aug 07
Narayani Steels Limited to Report Q1, 2023 Results on Aug 13, 2022 Narayani Steels Limited announced that they will report Q1, 2023 results on Aug 13, 2022 Duyuru • Jul 13
Narayani Steels Limited Appoints Amit Ranjan Sinha as an Additional Director Narayani Steels Limited informed that the Board of Directors of the Company, have approved the appointment of Mr. Amit Ranjan Sinha as an Additional Director of the Company under pursuant to Articles of Association of the Company and Section 161 of the Companies Act, 2013 to hold office up to the date of ensuing Annual General Meeting of the Company and the said Directors shall represent on behalf of the Company relating to all matters of the Company and his acts and deeds will bind upon the Company. Reported Earnings • Feb 17
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹1.36 (up from ₹11.87 loss in 3Q 2021). Net income: ₹14.9m (up ₹144.4m from 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 35 percentage points per year, which is a significant difference in performance. Board Change • Dec 06
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Independent Non-Executive Director Krishnamacharyulu Eunny is the most experienced director on the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Jul 02
Full year 2021 earnings released: ₹49.83 loss per share (vs ₹29.33 loss in FY 2020) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: ₹828.8m (down 77% from FY 2020). Net loss: ₹543.4m (loss widened 70% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Feb 20
New 90-day low: ₹17.40 The company is down 48% from its price of ₹33.75 on 20 November 2020. The Indian market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 35% over the same period. Reported Earnings • Feb 17
Third quarter 2021 earnings released: ₹11.87 loss per share (vs ₹6.29 loss in 3Q 2020) The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: ₹305.1m (down 61% from 3Q 2020). Net loss: ₹129.5m (loss widened 89% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 95% per year but the company’s share price has only fallen by 30% per year, which means it has not declined as severely as earnings. Duyuru • Feb 06
Narayani Steels Limited to Report Q3, 2021 Results on Feb 13, 2021 Narayani Steels Limited announced that they will report Q3, 2021 results on Feb 13, 2021 Duyuru • Jan 31
Narayani Steels Limited Announces Resignation of Jaya Padmavathi Bandi as Director Narayani Steels Limited announced that Jaya Padmavathi Bandi, resigned from her Directorship with effect from January 30, 2021. Is New 90 Day High Low • Jan 28
New 90-day low: ₹23.75 The company is down 4.0% from its price of ₹24.75 on 30 October 2020. The Indian market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 38% over the same period. Duyuru • Nov 04
Narayani Steels Limited to Report Q2, 2021 Results on Nov 10, 2020 Narayani Steels Limited announced that they will report Q2, 2021 results on Nov 10, 2020 Is New 90 Day High Low • Oct 23
New 90-day low: ₹20.70 The company is down 14% from its price of ₹24.05 on 24 July 2020. The Indian market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 20% over the same period.