Duyuru • Jun 26
Hiliks Technologies Limited announced a financing transaction Hiliks Technologies Limited announced a private placement for issuance of equity shares on preferential basis on June 25, 2026. The transaction is subject to such regulatory / statutory approvals as may be required and approval of shareholders through postal ballot in this regard. The transaction is also subject to approval at the meeting of the board of directors to be held on July 1, 2026. Reported Earnings • Jun 02
Full year 2026 earnings released: EPS: ₹0.76 (vs ₹0.53 in FY 2025) Full year 2026 results: EPS: ₹0.76 (up from ₹0.53 in FY 2025). Revenue: ₹296.1m (up 324% from FY 2025). Net income: ₹8.21m (up 77% from FY 2025). Profit margin: 2.8% (down from 6.6% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 109% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Jun 02
Hiliks Technologies Limited Approves Designation of Veera Venkata Ramana Varma Mudunuri as the Chairman of the Board Hiliks Technologies Limited at its board meeting held on 30 May, 2026 approved the designation of Mr. Veera Venkata Ramana Varma Mudunuri, Director of the Company as the Chairman of the Board. Duyuru • May 25
Hiliks Technologies Limited to Report Q4, 2026 Results on May 30, 2026 Hiliks Technologies Limited announced that they will report Q4, 2026 results at 9:15 AM, Indian Standard Time on May 30, 2026 New Risk • May 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₹640.3m market cap, or US$6.69m). Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Profit margins are more than 30% lower than last year (1.1% net profit margin). Shareholders have been diluted in the past year (22% increase in shares outstanding). Revenue is less than US$5m (₹157m revenue, or US$1.6m). Reported Earnings • Feb 14
Third quarter 2026 earnings released: ₹0.25 loss per share (vs ₹0.18 profit in 3Q 2025) Third quarter 2026 results: ₹0.25 loss per share (down from ₹0.18 profit in 3Q 2025). Revenue: ₹80.4m (up 338% from 3Q 2025). Net loss: ₹2.73m (down 283% from profit in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has increased by 92% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Feb 06
Hiliks Technologies Limited to Report Q3, 2026 Results on Feb 12, 2026 Hiliks Technologies Limited announced that they will report Q3, 2026 results on Feb 12, 2026 Reported Earnings • Nov 16
Second quarter 2026 earnings released: EPS: ₹0.27 (vs ₹0.32 in 2Q 2025) Second quarter 2026 results: EPS: ₹0.27. Revenue: ₹38.1m (up 87% from 2Q 2025). Net income: ₹2.71m (up 42% from 2Q 2025). Profit margin: 7.1% (down from 9.4% in 2Q 2025). The decrease in margin was driven by higher expenses. Duyuru • Nov 04
Hiliks Technologies Limited to Report Q2, 2026 Results on Nov 14, 2025 Hiliks Technologies Limited announced that they will report Q2, 2026 results on Nov 14, 2025 New Risk • Oct 03
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 9.8% 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 (9.8% average weekly change). Shareholders have been substantially diluted in the past year (67% increase in shares outstanding). Revenue is less than US$1m (₹77m revenue, or US$869k). Market cap is less than US$10m (₹636.2m market cap, or US$7.16m). Minor Risk Profit margins are more than 30% lower than last year (6.6% net profit margin). Duyuru • Aug 25
Hiliks Technologies Limited, Annual General Meeting, Sep 19, 2025 Hiliks Technologies Limited, Annual General Meeting, Sep 19, 2025, at 13:00 Indian Standard Time. New Risk • Aug 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 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (47% increase in shares outstanding). Revenue is less than US$1m (₹77m revenue, or US$887k). Market cap is less than US$10m (₹476.3m market cap, or US$5.47m). Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Profit margins are more than 30% lower than last year (6.6% net profit margin). Reported Earnings • Aug 12
First quarter 2026 earnings released: EPS: ₹0.15 (vs ₹0.16 in 1Q 2025) First quarter 2026 results: EPS: ₹0.15. Revenue: ₹17.9m (up 71% from 1Q 2025). Net income: ₹1.44m (up 48% from 1Q 2025). Profit margin: 8.0% (down from 9.2% in 1Q 2025). The decrease in margin was driven by higher expenses. Duyuru • Aug 06
Hiliks Technologies Limited to Report Q1, 2026 Results on Aug 11, 2025 Hiliks Technologies Limited announced that they will report Q1, 2026 results on Aug 11, 2025 Reported Earnings • May 01
Full year 2025 earnings released: EPS: ₹0.53 (vs ₹0.088 in FY 2024) Full year 2025 results: EPS: ₹0.53 (up from ₹0.088 in FY 2024). Revenue: ₹69.8m (up ₹59.8m from FY 2024). Net income: ₹4.63m (up ₹4.11m from FY 2024). Profit margin: 6.6% (up from 5.3% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 74% per year, which means it is significantly lagging earnings growth. Duyuru • Apr 22
Hiliks Technologies Limited to Report Q4, 2025 Results on Apr 29, 2025 Hiliks Technologies Limited announced that they will report Q4, 2025 results on Apr 29, 2025 New Risk • Apr 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (47% increase in shares outstanding). Revenue is less than US$1m (₹58m revenue, or US$683k). Market cap is less than US$10m (₹449.1m market cap, or US$5.26m). Minor Risk Share price has been volatile over the past 3 months (8.7% average weekly change). Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹50.94, the stock trades at a trailing P/E ratio of 48.8x. Average trailing P/E is 26x in the IT industry in India. Total returns to shareholders of 476% over the past three years. Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹72.54, the stock trades at a trailing P/E ratio of 67.1x. Average trailing P/E is 29x in the IT industry in India. Total returns to shareholders of 703% over the past three years. Reported Earnings • Feb 15
Third quarter 2025 earnings released: EPS: ₹0.18 (vs ₹0.07 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.18 (up from ₹0.07 in 3Q 2024). Revenue: ₹18.4m (up ₹18.2m from 3Q 2024). Net income: ₹1.49m (up 237% from 3Q 2024). Profit margin: 8.1% (down from 201% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 107% per year whereas the company’s share price has increased by 104% per year. New Risk • Jan 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 42% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (103% accrual ratio). Shareholders have been substantially diluted in the past year (42% increase in shares outstanding). Revenue is less than US$1m (₹40m revenue, or US$464k). Minor Risk Market cap is less than US$100m (₹889.5m market cap, or US$10.3m). Duyuru • Dec 13
Hiliks Technologies Limited Announces Resignation of Jhansi Lakshmi Adivishnu as Non-Executive Director The Board of Directors of Hiliks Technologies Limited in their meeting held on 13 December, 2024, approved the Resignation of Mrs. Jhansi Lakshmi Adivishnu, Non-Executive Director of the Company with effect from 13th December, 2024 due to preoccupancy elsewhere. Valuation Update With 7 Day Price Move • Nov 28
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹81.78, the stock trades at a trailing P/E ratio of 78.2x. Average trailing P/E is 38x in the IT industry in India. Total returns to shareholders of 560% over the past three years. Reported Earnings • Nov 17
Second quarter 2025 earnings released: EPS: ₹0.32 (vs ₹0.56 loss in 2Q 2024) Second quarter 2025 results: EPS: ₹0.32 (up from ₹0.56 loss in 2Q 2024). Revenue: ₹20.4m (up ₹20.0m from 2Q 2024). Net income: ₹1.91m (up ₹4.74m from 2Q 2024). Profit margin: 9.4% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 74% per year, which means it is significantly lagging earnings growth. Duyuru • Nov 09
Hiliks Technologies Limited to Report Q2, 2025 Results on Nov 14, 2024 Hiliks Technologies Limited announced that they will report Q2, 2025 results on Nov 14, 2024 New Risk • Oct 19
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 54% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 3.1% per year over the past 5 years. Shareholders have been substantially diluted in the past year (54% increase in shares outstanding). Revenue is less than US$1m (₹20m revenue, or US$240k). Market cap is less than US$10m (₹514.0m market cap, or US$6.11m). Duyuru • Oct 12
Hiliks Technologies Limited announced that it has received INR 44.4 million in funding from Enact Technologies Private Limited On October 10, 2024, Hiliks Technologies Limited closed the transaction. The transaction has been approved by the board of directors of the company. Board Change • Sep 20
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Non-Executive Independent Director Nagavenkata Padma Bhaskar Vedanabhatla was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Sep 09
Hiliks Technologies Limited, Annual General Meeting, Sep 30, 2024 Hiliks Technologies Limited, Annual General Meeting, Sep 30, 2024, at 13:00 Indian Standard Time. Reported Earnings • Aug 14
First quarter 2025 earnings released: EPS: ₹0.16 (vs ₹0.38 loss in 1Q 2024) First quarter 2025 results: EPS: ₹0.16 (up from ₹0.38 loss in 1Q 2024). Revenue: ₹10.5m (up ₹10.2m from 1Q 2024). Net income: ₹972.0k (up ₹2.89m from 1Q 2024). Profit margin: 9.2% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Aug 04
Hiliks Technologies Limited to Report Q1, 2025 Results on Aug 13, 2024 Hiliks Technologies Limited announced that they will report Q1, 2025 results on Aug 13, 2024 Duyuru • May 23
Hiliks Technologies Limited to Report Q4, 2024 Results on May 30, 2024 Hiliks Technologies Limited announced that they will report Q4, 2024 results on May 30, 2024 Duyuru • Apr 30
Hiliks Technologies Limited announced that it expects to receive INR 44.4 million in funding from Enact Technologies Private Limited and other investors announced a private placement of up to 4,800,000 convertible warrants at a price of INR 9.25 per warrant for gross proceeds of INR 44,400,000 on April 29, 2024. The warrants will be convertible into one common share of the company at INR 27.75 per share and will mature in 18 months from the date of the allotment. The securities will be issued on preferential basis. The transaction has been approved by the board of directors of the company. The transaction included participation from returning investors Enact Technologies Private Limited for 1,000,000 warrants; Alluru V S S Raju for 200,000 warrants; Shaik Asmath Begum for 200,000 warrants; Deepak Girdhardas Rathi for 100,000 warrants, new investors Aarya Rakesh Doshi for 500,000 warrants; Funali Rakesh Doshi for 500,000 warrants; Kalyan Kakarala for 300,000 warrants; Bindhu Shre Kakarala for 300,000 warrants; Ramaswamyreddy Pedinekaluva for 450,000 warrants; Praveen Potturi for 380,000 warrants; Saket Agarwal for 200,000 warrants; Singampally Venkata Rajyalaxmi Naidu for 300,000 warrants; Ankit Singhvi for 200,000 warrants; Madupalli Ravi for 100,000 warrants; Ravinder Singh Kohli for 70,000 warrants. Duyuru • Feb 07
Hiliks Technologies Limited to Report Q3, 2024 Results on Feb 14, 2024 Hiliks Technologies Limited announced that they will report Q3, 2024 results on Feb 14, 2024 Reported Earnings • Nov 12
Second quarter 2024 earnings released: ₹0.56 loss per share (vs ₹0.21 loss in 2Q 2023) Second quarter 2024 results: ₹0.56 loss per share (further deteriorated from ₹0.21 loss in 2Q 2023). Revenue: ₹511.0k (down 97% from 2Q 2023). Net loss: ₹2.84m (loss widened 168% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has increased by 59% per year, which means it is well ahead of earnings. Duyuru • Nov 04
Hiliks Technologies Limited to Report Q2, 2024 Results on Nov 10, 2023 Hiliks Technologies Limited announced that they will report Q2, 2024 results on Nov 10, 2023 Duyuru • Sep 09
Hiliks Technologies Limited announced that it expects to receive INR 18.42 million in funding from Enact Technologies Private Limited Hiliks Technologies Limited announced a private placement of 921,000 common shares at a price of INR 20 per share for the gross proceeds of INR 18,420,000 on September 7, 2023. The shares will be issued on preferential basis. The transaction will include participation from returning investor, Enact Technologies Private Limited for 500,000 shares, new individual investors, Bhupathiraju Sudha Rani for 121,000 shares, Lakkineni Madhavi Laths for 100,000 shares, Pooja Bansal for 100,000 shares, Rama Krishnam Raju M for 100,000 shares. The transaction has been approved by the shareholder's of the company. Duyuru • Sep 08
Hiliks Technologies Limited, Annual General Meeting, Sep 30, 2023 Hiliks Technologies Limited, Annual General Meeting, Sep 30, 2023, at 13:00 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2023 together with report of Board of Directors and Auditor thereon; to consider and appoint a Director in place of Mr. Rajeev Ramchandra Padhye, Director (DIN: 07064915), who retires by rotation and being eligible, offers himself for re-appointment; to consider and appoint a Director in place of Mrs. Jhansi Lakshmi Adivishnu, Director (DIN: 07348873), who retires by rotation and being eligible, offers herself for re-appointment; to consider Shifting of Registered Office from Thane to Mumbai within the State of Maharashtra and under the jurisdiction of same Registrar of Companies (ROC); and to consider other matters if any. Reported Earnings • Aug 16
First quarter 2024 earnings released: ₹0.38 loss per share (vs ₹0.45 loss in 1Q 2023) First quarter 2024 results: ₹0.38 loss per share (improved from ₹0.45 loss in 1Q 2023). Revenue: ₹295.0k (down 96% from 1Q 2023). Net loss: ₹1.92m (loss narrowed 16% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Duyuru • Aug 08
Hiliks Technologies Limited to Report Q1, 2024 Results on Aug 14, 2023 Hiliks Technologies Limited announced that they will report Q1, 2024 results on Aug 14, 2023 Valuation Update With 7 Day Price Move • Jul 23
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹10.39, the stock trades at a trailing P/E ratio of 46.4x. Average trailing P/E is 32x in the IT industry in India. Total loss to shareholders of 7.6% over the past three years. Valuation Update With 7 Day Price Move • Jul 07
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹9.88, the stock trades at a trailing P/E ratio of 44.1x. Average trailing P/E is 33x in the IT industry in India. Total loss to shareholders of 16% over the past three years. Duyuru • Jul 07
Hiliks Technologies Limited Announces Appointment of Brinda Mahajan as Whole Time Company Secretary and Compliance Officer Hiliks Technologies Limited announced that Board of Directors, at its meeting held on 5 July, 2023, have approved the appointment of Mrs. Brinda Mahajan, a member of the Institute of Company Secretaries of India and having Membership No. A30381, as a Whole time Company Secretary and Compliance officer of the Company with effect from 5 July, 2023. Mrs. Brinda Mahajan is an Associate member of the Institute of Company Secretaries of India. She has over 10 years of experience in dealing with Secretarial Compliances of Listed and Unlisted Companies. Valuation Update With 7 Day Price Move • Jun 21
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to ₹9.46, the stock trades at a trailing P/E ratio of 42.3x. Average trailing P/E is 34x in the IT industry in India. Total loss to shareholders of 20% over the past three years. Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹6.75, the stock trades at a trailing P/E ratio of 30.2x. Average trailing P/E is 30x in the IT industry in India. Total loss to shareholders of 51% over the past three years. Reported Earnings • Jun 04
Full year 2023 earnings released: EPS: ₹0.22 (vs ₹0.007 in FY 2022) Full year 2023 results: EPS: ₹0.22 (up from ₹0.007 in FY 2022). Revenue: ₹37.8m (down 64% from FY 2022). Net income: ₹1.14m (up ₹1.10m from FY 2022). Profit margin: 3.0% (up from 0% in FY 2022). The increase in margin was driven by lower expenses. 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 24% per year, which means it has not declined as severely as earnings. Reported Earnings • Feb 13
Third quarter 2023 earnings released: ₹0.45 loss per share (vs ₹0.19 profit in 3Q 2022) Third quarter 2023 results: ₹0.45 loss per share (down from ₹0.19 profit in 3Q 2022). Net loss: ₹2.31m (down 344% from profit in 3Q 2022). Duyuru • Feb 02
Hiliks Technologies Limited to Report Q3, 2023 Results on Feb 10, 2023 Hiliks Technologies Limited announced that they will report Q3, 2023 results on Feb 10, 2023 Duyuru • Dec 16
Hiliks Technologies Limited Announces Board Changes Hiliks Technologies Limited announced that at its board meeting held on December 13, 2022, resignation of Mrs. Priti Deepak Rathi, Independent Director of the company with effect from 13th December, 2022 due to preoccupancy elsewhere. Appointment of Mr. Sandeep Copparapu, Whole Time Director as the new Compliance Officer with immediate effect due to resignation of the Company Secretary and Compliance Officer. Duyuru • Dec 15
Hiliks Technologies Limited Announces Executive Changes Hiliks Technologies Limited announced that at its board meeting held on December 13, 2022, resignation of Mr. Mridul Tripathi from the post of Chief Financial Officer with effect from 13th December 2022 due to personal reasons. Appointment of Mr. Rama Krishnam Raju Datla as the Chief Financial Officer with effect from 13th December 2022. Mr. Rama Krishnam Raju Datla, aged 51 years, has post graduated in MBA (Finance Management). He has rich experience of more than 22 years in the field of Finance Management, Corporate affairs, Business development and IT Enabled Services. Duyuru • Dec 02
Hiliks Technologies Limited Announces Resignation of Priya Taluja as Company Secretary and Compliance Officer Hiliks Technologies Limited informed that Ms. Priya Taluja has tendered her resignation from the post of Company Secretary and Compliance Officer of the Company effective from December 1, 2022. The resignation has been accepted and she is relieved from her services with immediate effect. Duyuru • Oct 04
Hiliks Technologies Limited Announces Appointment of Jhansi Lakshmi Adivishnu as Non-Executive Director Hiliks Technologies Limited announced appointment of Mrs. Jhansi Lakshmi Adivishnu as Non-Executive Director of the Company w.e.f 30 September, 2022. Mrs. Jhansi Lakshmi Adivishnu is an industrialist and philanthropist businesswoman with over 29 years of successful industrial and charitable experience. She is the serial Entrepreneur and serves as the Co-Founder and Board Executive of Arise HR Services India Private Limited. She is a strategic Investor in the growth of SMEs and innovative start-ups. She is passionate about the Arts, Culture & Heritage, and Urban Renewal, which are positively impacted through diverse community initiatives. Duyuru • Sep 09
Hiliks Technologies Limited, Annual General Meeting, Sep 30, 2022 Hiliks Technologies Limited, Annual General Meeting, Sep 30, 2022, at 13:00 Indian Standard Time. Agenda: To receive, consider and adopt the audited financial statements of the company for the financial year ended March 31, 2022 together with report of Board of Directors and Auditor thereon; to consider and appoint a Director in place of Mr. Sandeep Copparapu, Director (DIN: 08306534), who retires by rotation and being eligible, offers himself for re-appointment; to consider and appoint a Director in place of Mr. Rajeev Ramchandra Padhye, Director, who retires by rotation and being eligible, offers himself for re-appointment; to appoint M/s. A S K M & Co., Chartered Accountants as Statutory Auditor of the company; and to transact such other business matters. Reported Earnings • Aug 14
First quarter 2023 earnings released: ₹0.45 loss per share (vs ₹0.07 loss in 1Q 2022) First quarter 2023 results: ₹0.45 loss per share (down from ₹0.07 loss in 1Q 2022). Revenue: ₹6.87m (down 75% from 1Q 2022). Net loss: ₹2.27m (loss widened ₹1.94m from 1Q 2022). Valuation Update With 7 Day Price Move • Aug 08
Investor sentiment improved over the past week After last week's 16% share price gain to ₹8.84, the stock trades at a trailing P/E ratio of 61.4x. Average trailing P/E is 28x in the IT industry in India. Total loss to shareholders of 46% over the past year. Duyuru • May 26
Hiliks Technologies Limited to Report Q4, 2022 Results on May 30, 2022 Hiliks Technologies Limited announced that they will report Q4, 2022 results on May 30, 2022 Board Change • Apr 27
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. No highly experienced directors. 1 independent director (2 non-independent directors). Non-Executive Independent Director Nagavenkata Padma Bhaskar Vedanabhatla 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 • Feb 03
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.19 (down from ₹0.51 in 3Q 2021). Revenue: ₹35.6m (down 55% from 3Q 2021). Net income: ₹943.0k (down 63% from 3Q 2021). Profit margin: 2.6% (down from 3.3% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Duyuru • Feb 03
Hiliks Technologies Limited to Report Q3, 2022 Results on Feb 01, 2022 Hiliks Technologies Limited announced that they will report Q3, 2022 results on Feb 01, 2022 Reported Earnings • Nov 18
Second quarter 2022 earnings released: ₹0.34 loss per share (vs ₹0.30 profit in 2Q 2021) The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2022 results: Revenue: ₹8.70m (down 58% from 2Q 2021). Net loss: ₹1.73m (down 213% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 12
Investor sentiment deteriorated over the past week After last week's 21% share price decline to ₹14.75, the stock trades at a trailing P/E ratio of 30.1x. Average trailing P/E is 31x in the IT industry in India. Total returns to shareholders of 204% over the past three years. Reported Earnings • Jul 02
Full year 2021 earnings released: EPS ₹0.49 (vs ₹0.18 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹100.8m (up 121% from FY 2020). Net income: ₹2.50m (up 170% from FY 2020). Profit margin: 2.5% (up from 2.0% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 52% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jun 18
Investor sentiment improved over the past week After last week's 22% share price gain to ₹12.85, the stock trades at a trailing P/E ratio of 25.6x. Average trailing P/E is 31x in the IT industry in India. Total returns to shareholders of 165% over the past three years. Valuation Update With 7 Day Price Move • May 31
Investor sentiment improved over the past week After last week's 19% share price gain to ₹9.64, the stock trades at a trailing P/E ratio of 19.2x. Average trailing P/E is 27x in the IT industry in India. Total returns to shareholders of 89% over the past three years. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment improved over the past week After last week's 20% share price gain to ₹7.82, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 24x in the IT industry in India. Total returns to shareholders of 66% over the past three years. Valuation Update With 7 Day Price Move • Mar 12
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹6.80, the stock is trading at a trailing P/E ratio of 13.5x, down from the previous P/E ratio of 16.1x. This compares to an average P/E of 23x in the IT industry in India. Total returns to shareholders over the past three years are 51%. Reported Earnings • Feb 17
Third quarter 2021 earnings released: EPS ₹0.51 (vs ₹0.13 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹78.9m (up ₹76.0m from 3Q 2020). Net income: ₹2.58m (up ₹3.24m from 3Q 2020). Profit margin: 3.3% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Duyuru • Feb 05
Hiliks Technologies Limited to Report Q3, 2021 Results on Feb 12, 2021 Hiliks Technologies Limited announced that they will report Q3, 2021 results on Feb 12, 2021 Is New 90 Day High Low • Jan 28
New 90-day low: ₹7.05 The company is down 19% from its price of ₹8.70 on 28 October 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 22% over the same period. Duyuru • Nov 08
Hiliks Technologies Limited to Report Q2, 2021 Results on Nov 13, 2020 Hiliks Technologies Limited announced that they will report Q2, 2021 results on Nov 13, 2020 Duyuru • Sep 12
Hiliks Technologies Limited to Report Q4, 2020 Results on Jul 28, 2020 Hiliks Technologies Limited announced that they will report Q4, 2020 results on Jul 28, 2020