Reported Earnings • Jun 01
Full year 2026 earnings released: ₹1.27 loss per share (vs ₹0.43 loss in FY 2025) Full year 2026 results: ₹1.27 loss per share (further deteriorated from ₹0.43 loss in FY 2025). Revenue: ₹621.6m (down 10% from FY 2025). Net loss: ₹43.0m (loss widened 194% from FY 2025). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Duyuru • May 22
Archies Limited to Report Q4, 2026 Results on May 29, 2026 Archies Limited announced that they will report Q4, 2026 results on May 29, 2026 New Risk • Apr 06
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 8.5% 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 Earnings have declined by 19% per year over the past 5 years. Market cap is less than US$10m (₹465.5m market cap, or US$5.01m). Minor Risk Share price has been volatile over the past 3 months (8.5% average weekly change). Reported Earnings • Feb 12
Third quarter 2026 earnings released: ₹0.02 loss per share (vs ₹0.009 profit in 3Q 2025) Third quarter 2026 results: ₹0.02 loss per share (down from ₹0.009 profit in 3Q 2025). Revenue: ₹145.8m (down 17% from 3Q 2025). Net loss: ₹746.0k (down 364% from profit in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Duyuru • Feb 05
Archies Limited to Report Q3, 2026 Results on Feb 11, 2026 Archies Limited announced that they will report Q3, 2026 results on Feb 11, 2026 Board Change • Dec 07
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Additional Independent Non Executive Director Faizan Bhat was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 16
Second quarter 2026 earnings released: ₹0.07 loss per share (vs ₹0.19 profit in 2Q 2025) Second quarter 2026 results: ₹0.07 loss per share (down from ₹0.19 profit in 2Q 2025). Revenue: ₹188.9m (down 5.1% from 2Q 2025). Net loss: ₹2.52m (down 140% from profit in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Duyuru • Nov 08
Archies Limited to Report Q2, 2026 Results on Nov 14, 2025 Archies Limited announced that they will report Q2, 2026 results at 12:08 PM, Indian Standard Time on Nov 14, 2025 Buy Or Sell Opportunity • Oct 31
Now 22% undervalued Over the last 90 days, the stock has risen 2.0% to ₹19.75. The fair value is estimated to be ₹25.17, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.0% over the last 3 years. Earnings per share has declined by 50%. Buy Or Sell Opportunity • Oct 14
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 5.2% to ₹19.69. The fair value is estimated to be ₹24.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.0% over the last 3 years. Earnings per share has declined by 50%. Buy Or Sell Opportunity • Aug 24
Now 21% undervalued The stock has been flat over the last 90 days, currently trading at ₹19.22. The fair value is estimated to be ₹24.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.0% over the last 3 years. Earnings per share has declined by 50%. Reported Earnings • Aug 14
First quarter 2026 earnings released: EPS: ₹0.09 (vs ₹0.30 loss in 1Q 2025) First quarter 2026 results: EPS: ₹0.09 (up from ₹0.30 loss in 1Q 2025). Revenue: ₹179.9m (up 36% from 1Q 2025). Net income: ₹3.00m (up ₹13.2m from 1Q 2025). Profit margin: 1.7% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Duyuru • Aug 13
Archies Limited, Annual General Meeting, Sep 24, 2025 Archies Limited, Annual General Meeting, Sep 24, 2025. Duyuru • Aug 09
Archies Limited to Report Q1, 2026 Results on Aug 13, 2025 Archies Limited announced that they will report Q1, 2026 results on Aug 13, 2025 Reported Earnings • Jun 02
Full year 2025 earnings released: ₹0.43 loss per share (vs ₹2.43 loss in FY 2024) Full year 2025 results: ₹0.43 loss per share (improved from ₹2.43 loss in FY 2024). Revenue: ₹765.8m (down 3.2% from FY 2024). Net loss: ₹14.6m (loss narrowed 82% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Duyuru • May 23
Archies Limited to Report Q4, 2025 Results on May 30, 2025 Archies Limited announced that they will report Q4, 2025 results on May 30, 2025 New Risk • May 04
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 10.0% 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 (10.0% average weekly change). Market cap is less than US$10m (₹598.9m market cap, or US$7.08m). New Risk • Apr 01
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 8.4% 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 (₹568.9m market cap, or US$6.64m). Minor Risk Share price has been volatile over the past 3 months (8.4% average weekly change). Reported Earnings • Feb 15
Third quarter 2025 earnings released: EPS: ₹0.01 (vs ₹0.19 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.01 (down from ₹0.19 in 3Q 2024). Revenue: ₹208.0m (up 1.2% from 3Q 2024). Net income: ₹283.0k (down 96% from 3Q 2024). Profit margin: 0.1% (down from 3.1% in 3Q 2024). The decrease in margin was driven by higher expenses. 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 2% per year, which means it is well ahead of earnings. Duyuru • Feb 07
Archies Limited to Report Q3, 2025 Results on Feb 14, 2025 Archies Limited announced that they will report Q3, 2025 results on Feb 14, 2025 New Risk • Dec 30
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹855.0m (US$10.00m) 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. This is currently the only risk that has been identified for the company. Duyuru • Dec 26
Archies Limited Announces Appointment of Chiranjivi Ramuka as Company Secretary Archies Limited informed that on the recommendation of the Nomination and Remuneration Committee the Board of Directors of the Company in its meeting held on 25th December, 2024 has considered and approved the Appointment of Ms. Chiranjivi Ramuka as the Company Secretary and Compliance Officer of the Company. Ms. Chiranjivi Ramuka is a member of Institute of Company Secretary of India having Membership No. A65678. New Risk • Nov 30
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 Risk Share price has been highly volatile over the past 3 months (9.0% average weekly change). Minor Risk Market cap is less than US$100m (₹865.8m market cap, or US$10.2m). Reported Earnings • Nov 18
Second quarter 2025 earnings released: EPS: ₹0.19 (vs ₹0.33 in 2Q 2024) Second quarter 2025 results: EPS: ₹0.19 (down from ₹0.33 in 2Q 2024). Revenue: ₹211.7m (down 2.7% from 2Q 2024). Net income: ₹6.29m (down 44% from 2Q 2024). Profit margin: 3.0% (down from 5.2% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Duyuru • Nov 15
Archies Limited to Report Q2, 2025 Results on Nov 14, 2024 Archies Limited announced that they will report Q2, 2025 results on Nov 14, 2024 New Risk • Nov 13
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹844.2m (US$10.00m) 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 (₹844.2m market cap, or US$10.00m). Minor Risk Share price has been volatile over the past 3 months (9.0% average weekly change). Duyuru • Sep 27
Archies Limited Announces Resignation of Payal Madaan as Company Secretary and Compliance Officer Archies Limited informed that Ms. Payal Madaan having Membership No. A58714, Company Secretary and Compliance Officer (Key Managerial Personnel) of the Company has tendered her resignation from the position of Company Secretary & Compliance Officer (Key Managerial Personnel) of the Company vide her letter dated 10" September, 2024 and will be relieved from the services of the Company with effect from the close of business hours on 27th September, 2024. New Risk • Sep 19
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: Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Market cap is less than US$100m (₹1.02b market cap, or US$12.2m). Duyuru • Aug 26
Archies Limited, Annual General Meeting, Sep 24, 2024 Archies Limited, Annual General Meeting, Sep 24, 2024. Reported Earnings • Aug 20
First quarter 2025 earnings released: ₹0.30 loss per share (vs ₹0.40 loss in 1Q 2024) First quarter 2025 results: ₹0.30 loss per share (improved from ₹0.40 loss in 1Q 2024). Revenue: ₹132.0m (down 11% from 1Q 2024). Net loss: ₹10.2m (loss narrowed 26% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Duyuru • Aug 14
Archies Limited Appoints Payal Madaan as Company Secretary and Compliance Officer Archies Limited at its board meeting held on August 14, 2024 approved appointment of Ms. Payal Madaan (Membership No. A58714) as the Company Secretary and Compliance Officer of the Company. Ms. Payal Madaan is a member of Institute of Company Secretary of India having Membership No. A58714. Duyuru • Aug 08
Archies Limited to Report Q1, 2025 Results on Aug 14, 2024 Archies Limited announced that they will report Q1, 2025 results on Aug 14, 2024 New Risk • Jul 20
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹834.4m (US$9.97m) 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. This is currently the only risk that has been identified for the company. New Risk • May 31
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹827.6m (US$9.92m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.1% operating cash flow to total debt). Market cap is less than US$10m (₹827.6m market cap, or US$9.92m). Minor Risk Large one-off items impacting financial results. Duyuru • May 30
Archies Limited Appoints Neha Singh as Company Secretary and Compliance Officer Archies Limited announced that at the board meeting held on May 29, 2024, the company approved the Appointment of Ms. Neha Singh as the Company Secretary and Compliance Officer of the Company. Date of appointment is May 29, 2024. Ms. Neha Singh is a member of Institute of Company Secretary of India having Membership No. A67210. Duyuru • May 22
Archies Limited to Report Q4, 2024 Results on May 29, 2024 Archies Limited announced that they will report Q4, 2024 results on May 29, 2024 Duyuru • Apr 09
Archies Limited Announces Resignation of Hitesh Kumar as Company Secretary Archies Limited announced that Mr. Hitesh Kumar, Company Secretary and Compliance Officer (Key Managerial Personnel) of the Company has tendered his resignation from the position of Company Secretary & Compliance Officer (Key Managerial Personnel) of the Company vide his letter dated 09th April, 2024 and will be relieved from the services of the Company with effect from the closing hours on 09th April, 2024, due to personal reasons and will be relieved from the services of the Company. Duyuru • Feb 14
Archies Limited Announces Resignation of Abhishek Sapra as the President-Finance Archies Limited announced the resignation of Mr. Abhishek Sapra as the President-Finance of the Company due to personal reasons with effect from the closing of the working hours of February 14, 2024. His last date of working with the Company shall be 14th February, 2024. Mr. Abhishek Sapra has resigned from the position of the President-Finance of the Company due to personal reasons with effect from the closing of the working hours of February 14, 2024. His last date of working with the Company shall be 14 February, 2024. New Risk • Feb 14
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 6.1% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (6.1% operating cash flow to total debt). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (₹1.07b market cap, or US$12.9m). Reported Earnings • Feb 13
Third quarter 2024 earnings released: EPS: ₹0.19 (vs ₹0.10 in 3Q 2023) Third quarter 2024 results: EPS: ₹0.19 (up from ₹0.10 in 3Q 2023). Revenue: ₹218.3m (down 5.7% from 3Q 2023). Net income: ₹6.48m (up 85% from 3Q 2023). Profit margin: 3.0% (up from 1.5% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth. New Risk • Feb 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 7.6% 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: Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₹1.23b market cap, or US$14.8m). Duyuru • Feb 03
Archies Limited to Report Q3, 2024 Results on Feb 12, 2024 Archies Limited announced that they will report Q3, 2024 results on Feb 12, 2024 Valuation Update With 7 Day Price Move • Jan 30
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹35.90, the stock trades at a trailing P/E ratio of 47.5x. Average trailing P/E is 53x in the Specialty Retail industry in India. Total returns to shareholders of 179% over the past three years. Reported Earnings • Nov 10
Second quarter 2024 earnings released: EPS: ₹0.33 (vs ₹0.21 in 2Q 2023) Second quarter 2024 results: EPS: ₹0.33 (up from ₹0.21 in 2Q 2023). Revenue: ₹238.1m (up 10% from 2Q 2023). Net income: ₹11.2m (up 61% from 2Q 2023). Profit margin: 4.7% (up from 3.2% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. New Risk • Oct 23
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹807.3m (US$9.71m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Market cap is less than US$10m (₹807.3m market cap, or US$9.71m). Minor Risk Large one-off items impacting financial results. Board Change • Aug 17
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Additional Non-Executive & Independent Director Sona Adhia was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Aug 14
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 13% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (₹940.8m market cap, or US$11.3m). Reported Earnings • Aug 13
First quarter 2024 earnings released: ₹0.40 loss per share (vs ₹0.32 loss in 1Q 2023) First quarter 2024 results: ₹0.40 loss per share (further deteriorated from ₹0.32 loss in 1Q 2023). Revenue: ₹148.4m (down 21% from 1Q 2023). Net loss: ₹13.7m (loss widened 26% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Duyuru • Aug 04
Archies Limited to Report Q1, 2024 Results on Aug 11, 2023 Archies Limited announced that they will report Q1, 2024 results on Aug 11, 2023 New Risk • Jun 16
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 119% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (₹885.0m market cap, or US$10.8m). Reported Earnings • Jun 04
Full year 2023 earnings released: EPS: ₹0.71 (vs ₹0.78 loss in FY 2022) Full year 2023 results: EPS: ₹0.71 (up from ₹0.78 loss in FY 2022). Revenue: ₹981.2m (up 29% from FY 2022). Net income: ₹24.1m (up ₹50.4m from FY 2022). Profit margin: 2.5% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Duyuru • May 23
Archies Limited to Report Q4, 2023 Results on May 30, 2023 Archies Limited announced that they will report Q4, 2023 results on May 30, 2023 Reported Earnings • Feb 05
Third quarter 2023 earnings released: EPS: ₹0.10 (vs ₹0.01 loss in 3Q 2022) Third quarter 2023 results: EPS: ₹0.10 (up from ₹0.01 loss in 3Q 2022). Revenue: ₹244.1m (down 5.1% from 3Q 2022). Net income: ₹3.51m (up ₹3.84m from 3Q 2022). Profit margin: 1.4% (up from net loss in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Duyuru • Jan 28
Archies Limited to Report Q3, 2023 Results on Feb 04, 2023 Archies Limited announced that they will report Q3, 2023 results at 12:08 PM, Indian Standard Time on Feb 04, 2023 Reported Earnings • Nov 20
Second quarter 2023 earnings released: EPS: ₹0.21 (vs ₹0.33 loss in 2Q 2022) Second quarter 2023 results: EPS: ₹0.21 (up from ₹0.33 loss in 2Q 2022). Revenue: ₹233.4m (up 19% from 2Q 2022). Net income: ₹6.96m (up ₹17.9m from 2Q 2022). Profit margin: 3.0% (up from net loss in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 15
First quarter 2023 earnings released: ₹0.32 loss per share (vs ₹0.32 loss in 1Q 2022) First quarter 2023 results: ₹0.32 loss per share (vs ₹0.32 loss in 1Q 2022). Revenue: ₹213.9m (up 151% from 1Q 2022). Net loss: ₹10.8m (flat on 1Q 2022). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Board Change • Aug 02
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. 2 independent directors (3 non-independent directors). Non Executive Independent Director Payal Jain was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Jun 05
Full year 2022 earnings released: ₹0.78 loss per share (vs ₹0.70 loss in FY 2021) Full year 2022 results: ₹0.78 loss per share (down from ₹0.70 loss in FY 2021). Revenue: ₹771.9m (up 41% from FY 2021). Net loss: ₹26.3m (loss widened 11% from FY 2021). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 14
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: ₹0.01 loss per share (down from ₹0.38 profit in 3Q 2021). Revenue: ₹270.7m (up 36% from 3Q 2021). Net loss: ₹332.0k (down 103% from profit in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 2% per year. Reported Earnings • Nov 04
Second quarter 2022 earnings released: ₹0.33 loss per share (vs ₹0.19 profit in 2Q 2021) The company reported a mediocre second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2022 results: Revenue: ₹217.8m (up 71% from 2Q 2021). Net loss: ₹11.0m (down 270% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 23% 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. Reported Earnings • Aug 18
First quarter 2022 earnings released: ₹0.32 loss per share (vs ₹0.95 loss in 1Q 2021) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: ₹124.3m (up ₹108.7m from 1Q 2021). Net loss: ₹10.8m (loss narrowed 66% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Reported Earnings • Jul 04
Full year 2021 earnings released: ₹0.70 loss per share (vs ₹2.12 loss in FY 2020) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2021 results: Revenue: ₹552.9m (down 60% from FY 2020). Net loss: ₹23.8m (loss narrowed 67% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Jul 03
Investor sentiment improved over the past week After last week's 31% share price gain to ₹21.20, the stock trades at a trailing P/E ratio of 53.9x. Average trailing P/E is 15x in the Specialty Retail industry in India. Total loss to shareholders of 22% over the past three years. Valuation Update With 7 Day Price Move • Jun 12
Investor sentiment improved over the past week After last week's 16% share price gain to ₹17.30, the stock trades at a trailing P/E ratio of 43.9x. Average trailing P/E is 16x in the Specialty Retail industry in India. Total loss to shareholders of 44% over the past three years. Valuation Update With 7 Day Price Move • May 28
Investor sentiment improved over the past week After last week's 24% share price gain to ₹14.70, the stock trades at a trailing P/E ratio of 37.2x. Average trailing P/E is 15x in the Specialty Retail industry in India. Total loss to shareholders of 55% over the past three years. Valuation Update With 7 Day Price Move • Apr 26
Investor sentiment improved over the past week After last week's 19% share price gain to ₹11.80, the stock trades at a trailing P/E ratio of 25x. Average trailing P/E is 13x in the Specialty Retail industry in India. Total loss to shareholders of 71% over the past three years. Is New 90 Day High Low • Feb 25
New 90-day low: ₹11.95 The company is down 16% from its price of ₹14.30 on 27 November 2020. The Indian market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is up 45% over the same period. Recent Insider Transactions • Feb 21
Executive Director recently bought ₹621k worth of stock On the 16th of February, Jagdish Moolchandani bought around 50k shares on-market at roughly ₹12.41 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₹689k more in shares than they have sold in the last 12 months. Reported Earnings • Feb 12
Third quarter 2021 earnings released: EPS ₹0.38 (vs ₹1.50 loss in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: ₹280.0m (down 33% from 3Q 2020). Net income: ₹12.8m (up ₹63.4m from 3Q 2020). Profit margin: 4.6% (up from net loss in 3Q 2020). The move to profitability was driven by lower expenses. 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 31% per year, which means it has not declined as severely as earnings. Recent Insider Transactions • Dec 26
Insider recently bought ₹68k worth of stock On the 21st of December, Shweta Moolchandani bought around 5k shares on-market at roughly ₹13.60 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₹198k more in shares than they have sold in the last 12 months. Recent Insider Transactions • Dec 20
Insider recently bought ₹72k worth of stock On the 15th of December, Shweta Moolchandani bought around 5k shares on-market at roughly ₹14.30 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Is New 90 Day High Low • Nov 23
New 90-day high: ₹13.95 The company is up 8.0% from its price of ₹12.95 on 25 August 2020. The Indian market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Specialty Retail industry, which is down 16% over the same period. Reported Earnings • Nov 12
Second quarter 2021 earnings released: EPS ₹0.19 The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: ₹195.9m (down 45% from 2Q 2020). Net income: ₹6.46m (up ₹30.7m from 2Q 2020). Profit margin: 3.3% (up from net loss in 2Q 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings.