New Risk • Aug 14
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended June 2023. This is considered a major 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. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported June 2023 fiscal period end). Shares are highly illiquid. Revenue is less than US$1m (₹2.5m revenue, or US$30k). Market cap is less than US$10m (₹53.4m market cap, or US$636.8k). Minor Risk Profit margins are more than 30% lower than last year (8.5% net profit margin). New Risk • Mar 01
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. 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 Risks Revenue is less than US$1m (₹2.5m revenue, or US$30k). Market cap is less than US$10m (₹106.7m market cap, or US$1.29m). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Profit margins are more than 30% lower than last year (8.5% net profit margin). Duyuru • Sep 06
Integra Telecommunication and Software Limited Announces Resignation of Vinita Rathod as Company Secretary and Compliance Officer Integra Telecommunication and Software Limited announced that Ms. Vinita Rathod tendered her resignation from the post of Company Secretary and Compliance Officer with immediate effect to pursue opportunities outside the Company. She is relieved from her services from the closing hours of 5th September, 2023. The Company will appoint her successor in due course and inform the stock exchange accordingly. During the interim period Mr. Ramaswamy Narayan Iyer, the Managing Director will be designated as Compliance Officer of the Company till such time the Board appoints a new Company Secretary and Compliance Officer of the Company. Reported Earnings • Aug 16
First quarter 2024 earnings released: ₹0.02 loss per share (vs ₹0.19 profit in 1Q 2023) First quarter 2024 results: ₹0.02 loss per share (down from ₹0.19 profit in 1Q 2023). Revenue: ₹374.0k (down 85% from 1Q 2023). Net loss: ₹243.0k (down 112% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 31% per year, which means it is performing significantly worse than earnings. Duyuru • Aug 08
Integra Telecommunication and Software Limited to Report Q1, 2024 Results on Aug 14, 2023 Integra Telecommunication and Software Limited announced that they will report Q1, 2024 results on Aug 14, 2023 Reported Earnings • Jun 03
Full year 2023 earnings released: EPS: ₹0.23 (vs ₹0.65 in FY 2022) Full year 2023 results: EPS: ₹0.23 (down from ₹0.65 in FY 2022). Revenue: ₹6.44m (down 31% from FY 2022). Net income: ₹2.44m (down 65% from FY 2022). Profit margin: 38% (down from 74% in FY 2022). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings. Duyuru • May 25
Integra Telecommunication & Software Limited to Report Q4, 2023 Results on May 30, 2023 Integra Telecommunication & Software Limited announced that they will report Q4, 2023 results on May 30, 2023 Valuation Update With 7 Day Price Move • Apr 12
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹13.39, the stock trades at a trailing P/E ratio of 26.8x. Average trailing P/E is 26x in the IT industry in India. Total loss to shareholders of 63% over the past three years. Valuation Update With 7 Day Price Move • Mar 28
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to ₹8.61, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 23x in the IT industry in India. Total loss to shareholders of 79% over the past three years. Reported Earnings • Feb 16
Third quarter 2023 earnings released: ₹0.05 loss per share (vs ₹0.15 profit in 3Q 2022) Third quarter 2023 results: ₹0.05 loss per share (down from ₹0.15 profit in 3Q 2022). Revenue: ₹378.0k (down 84% from 3Q 2022). Net loss: ₹495.0k (down 132% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Duyuru • Feb 07
Integra Telecommunication & Software Limited to Report Q3, 2023 Results on Feb 14, 2023 Integra Telecommunication & Software Limited announced that they will report Q3, 2023 results on Feb 14, 2023 Duyuru • Feb 01
Integra Telecommunication & Software Limited Announces Company Secretary / Compliance Officer Changes Integra Telecommunication & Software Limited informed that Ms. Nilima Burghate (Membership No. A66117), vide her letter dated 31st January, 2023 tendered her resignation from the post of Company Secretary and Compliance Officer with immediate effect to pursue opportunities outside the Company. She is relieved from her services from the closing hours of 31st January, 2023. Resignation letter is enclosed herewith, the same will be placed in next board meeting for formal acceptance. The Company will appoint her successor in due course and inform the stock exchange accordingly. During the interim period Mr. Ramaswamy Narayan Iyer (DIN: 03045662), the Managing Director will be designated as Compliance Officer of the Company till such time the Board appoints a new Company Secretary and Compliance Officer of the Company. Board Change • Nov 16
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. 4 non-independent directors. Additional Independent Non-Executive Chairperson Tejas Mahajan 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. Valuation Update With 7 Day Price Move • Sep 09
Investor sentiment improved over the past week After last week's 19% share price gain to ₹19.95, the stock trades at a trailing P/E ratio of 29.2x. Average trailing P/E is 25x in the IT industry in India. Total returns to shareholders of 28% over the past three years. Duyuru • Aug 09
Integra Telecommunication & Software Limited Announces Management Changes Integra Telecommunication & Software Limited announced the appointment of Ms. Nilima Burghate as new Company Secretary and Compliance Officer of the Company with immediate effect and took on record resignation of Mr. Nishant Behlani former Company Secretary and Compliance Officer. Ms. Nilima Burghate is an Associate Company Secretary. She is having good experience in handling compliances of Public and Private Limited entities. Duyuru • Jul 14
Integra Telecommunication & Software Limited Announces Resignation of Nishant Behlani from the Post of Company Secretary and Compliance Officer with Effect from July 13, 2022 Integra Telecommunication & Software Limited announced resignation of Nishant Behlani from the post of Company Secretary and Compliance Officer with effect from July 13, 2022. Duyuru • May 28
Integra Telecommunication & Software Limited, Annual General Meeting, Jun 27, 2022 Integra Telecommunication & Software Limited, Annual General Meeting, Jun 27, 2022, at 15:00 Indian Standard Time. Duyuru • May 20
Integra Telecommunication & Software Limited to Report Q4, 2022 Results on May 26, 2022 Integra Telecommunication & Software Limited announced that they will report Q4, 2022 results on May 26, 2022 Board Change • Apr 27
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. 2 independent directors (4 non-independent directors). Non-Executive Director Anagha Bhoir is the most experienced director on the board, commencing their role in 2019. Additional Independent Non-Executive Director Tejas Mahajan was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Duyuru • Mar 30
Integra Telecommunication & Software Limited Announces Appointment of Tejas Arun Mahajan as Additional Non-Executive Director Integra Telecommunication & Software Limited announced the appointment of Mr. Tejas Arun Mahajan as Additional Non-Executive Director for a period of 5 years with effective from March 29, 2022, subject To Approve the shareholders of the company. Valuation Update With 7 Day Price Move • Mar 30
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹18.70, the stock trades at a trailing P/E ratio of 16.4x. Average trailing P/E is 31x in the IT industry in India. Total returns to shareholders of 60% over the past three years. Duyuru • Feb 26
Integra Telecommunication & Software Limited Announces Resignation of Shardul Sudhakar Ranade as Independent Director Integra Telecommunication & Software Limited announced that Mr. Shardul Sudhakar Ranade tendered his resignation from the post of Independent Director of the Company effective from the closure of business hours on 25 February 2022 due to personal reasons and other engagements. Valuation Update With 7 Day Price Move • Dec 02
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹31.40, the stock trades at a trailing P/E ratio of 19x. Average trailing P/E is 28x in the IT industry in India. Total returns to shareholders of 92% over the past three years. Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment deteriorated over the past week After last week's 20% share price decline to ₹32.60, the stock trades at a trailing P/E ratio of 19.8x. Average trailing P/E is 28x in the IT industry in India. Total returns to shareholders of 52% over the past three years. Valuation Update With 7 Day Price Move • Sep 22
Investor sentiment deteriorated over the past week After last week's 23% share price decline to ₹51.60, the stock trades at a trailing P/E ratio of 35.9x. Average trailing P/E is 31x in the IT industry in India. Total returns to shareholders of 12% over the past three years. Valuation Update With 7 Day Price Move • Sep 01
Investor sentiment improved over the past week After last week's 26% share price gain to ₹51.35, the stock trades at a trailing P/E ratio of 38.7x. Average trailing P/E is 29x in the IT industry in India. Total returns to shareholders of 1.6% over the past three years. Valuation Update With 7 Day Price Move • Aug 17
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹37.05, the stock trades at a trailing P/E ratio of 27.9x. Average trailing P/E is 32x in the IT industry in India. Total loss to shareholders of 30% over the past three years. Executive Departure • Jun 25
Company Secretary & Compliance Officer Arpita Chowdhury has left the company On the 18th of June, Arpita Chowdhury's tenure as Company Secretary & Compliance Officer ended after 1.8 years in the role. We don't have any record of a personal shareholding under Arpita's name. Arpita is the only executive to leave the company over the last 12 months. Valuation Update With 7 Day Price Move • Feb 26
Investor sentiment improved over the past week After last week's 17% share price gain to ₹28.95, the stock is trading at a trailing P/E ratio of 45.6x, up from the previous P/E ratio of 38.9x. This compares to an average P/E of 22x in the IT industry in India. Total return to shareholders over the past three years is a loss of 42%. Is New 90 Day High Low • Feb 20
New 90-day low: ₹25.00 The company is down 8.0% from its price of ₹27.25 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 IT industry, which is up 19% over the same period. Is New 90 Day High Low • Jan 05
New 90-day high: ₹34.35 The company is up 27% from its price of ₹27.05 on 07 October 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 17% over the same period. Is New 90 Day High Low • Dec 21
New 90-day high: ₹32.15 The company is up 2.0% from its price of ₹31.50 on 16 September 2020. The Indian market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 16% over the same period. Is New 90 Day High Low • Oct 29
New 90-day low: ₹25.15 The company is down 24% from its price of ₹33.10 on 30 July 2020. The Indian market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 16% over the same period. Is New 90 Day High Low • Oct 15
New 90-day low: ₹25.70 The company is down 21% from its price of ₹32.40 on 15 July 2020. The Indian market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 30% over the same period. Duyuru • Oct 02
Integra Telecommunication & Software Limited Announces Appointment of Hemant Prabhakar Chavan as Additional Director Integra Telecommunication & Software Limited Board of Directors in their meeting held on 30 September, 2020 has considered and approved appointment of Mr. Hemant Prabhakar Chavan as Additional Director of the Company with immediate effect. Mr. Hemant Padmakar Chavan has 15 years of experience in Auto-Mobile Industries. Key competencies lies in setting up operations and venturing into newer areas. Is New 90 Day High Low • Sep 29
New 90-day low: ₹29.95 The company is down 13% from its price of ₹34.40 on 01 July 2020. The Indian market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 29% over the same period.