Duyuru • Nov 08
Ekennis Software Service Limited to Report First Half, 2026 Results on Nov 12, 2025 Ekennis Software Service Limited announced that they will report first half, 2026 results on Nov 12, 2025 Reported Earnings • Jun 21
Full year 2025 earnings released: ₹11.54 loss per share (vs ₹0.041 profit in FY 2024) Full year 2025 results: ₹11.54 loss per share (down from ₹0.041 profit in FY 2024). Revenue: ₹21.8m (down 20% from FY 2024). Net loss: ₹16.2m (down ₹16.2m from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 108 percentage points per year, which is a significant difference in performance. Board Change • Jun 18
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 Urvashi Upadhyay was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Duyuru • Jun 16
Ekennis Software Service Limited, Annual General Meeting, Jul 25, 2025 Ekennis Software Service Limited, Annual General Meeting, Jul 25, 2025, at 11:30 Indian Standard Time. Duyuru • May 19
Ekennis Software Service Limited to Report Second Half, 2025 Results on May 26, 2025 Ekennis Software Service Limited announced that they will report second half, 2025 results on May 26, 2025 Board Change • May 06
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 Urvashi Upadhyay was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Duyuru • Feb 14
Ekennis Software Service Limited Announces Board and Committee Changes Ekennis Software Service Limited hereby informed that Ms. Uma Krishnan has tendered her resignation from the position of Independent Director of the Company, with immediate effect on February 12, 2025. Directorships & Committee Memberships in other listed entities: BODHI TREE MULTIMEDIA LIMITED: Independent Director, Member of Nomination and Remuneration Committee. WHERRELZ IT SOLUTIONS LIMITED: Independent Director, Member of Nomination and Remuneration Committee. PAULO TRAVELS PRIVATE LIMITED: Independent Director. The current composition of committees is as follows: Audit Committee: Manisha Sharma Member Managing Director, Urvashi Upadhyay, Member/Chairperson, Independent Director. Nomination & Remuneration Committee: Ruchita Joshi, Member, Non-Executive Director, Urvashi Upadhyay, Member/Chairperson, Independent Director. Stakeholders Relationship Committee: Ruchita Joshi, Member, Non-Executive Director. Urvashi Upadhyay, Chairperson, Independent Director. Board Change • Feb 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Non-Executive Independent Director Uma Krishnan was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • Dec 06
Ekennis Software Service Limited Announces Appointment of Lalitha Padmanabhan as Company Secretary Ekennis Software Service Limited announced the Board of Directors of the Company in its meeting held 6th December, 2024, approved the appointment of Ms. Lalitha Padmanabhan (Membership No. A67308) as a Company Secretary and Compliance Officer with effect from 6th December, 2024, in accordance to the verification made by the Company and its Nomination and Remuneration Committee. Date of Birth is 13 May, 1994. Educational Qualification is Company Secretary - The Institute of Company Secretaries of India, New Delhi. Experience is 2 years. Lalitha Padmanabhan, aged 30, cleared her Company Secretary ship from Institute of Company Secretaries of India in December 2019 and got her membership on 10th November 2021. Lalitha is a proactive Company Secretary with 2 years of experience in a Non-Banking Financial Company post membership in areas pertaining to Corporate Governance, Legal Compliance, Secretarial matters and regulations pertaining to RBI. She has well versed knowledge in Corporate Law with a commitment to uphold transparency and compliance to Statutory regulations. New Risk • Nov 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 47% per year over the past 5 years. Revenue is less than US$1m (₹22m revenue, or US$258k). Market cap is less than US$10m (₹127.9m market cap, or US$1.52m). Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change). New Risk • Nov 14
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 47% per year over the past 5 years. Revenue is less than US$1m (₹21m revenue, or US$252k). Market cap is less than US$10m (₹114.4m market cap, or US$1.36m). Duyuru • Nov 09
Ekennis Software Service Limited to Report First Half, 2025 Results on Nov 13, 2024 Ekennis Software Service Limited announced that they will report first half, 2025 results on Nov 13, 2024 Reported Earnings • Aug 27
Full year 2024 earnings released: EPS: ₹0.002 (vs ₹5.55 in FY 2023) Full year 2024 results: EPS: ₹0.002 (down from ₹5.55 in FY 2023). Revenue: ₹28.0m (down 56% from FY 2023). Net income: ₹3.0k (down 100% from FY 2023). Profit margin: 0% (down from 12% in FY 2023). The decrease in margin was driven by lower revenue. Duyuru • Aug 09
Ekennis Software Service Limited, Annual General Meeting, Sep 16, 2024 Ekennis Software Service Limited, Annual General Meeting, Sep 16, 2024, at 11:30 Indian Standard Time. New Risk • Jun 07
New major risk - Revenue and earnings growth Earnings have declined by 19% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 19% per year over the past 5 years. Revenue is less than US$1m (₹28m revenue, or US$336k). Market cap is less than US$10m (₹115.6m market cap, or US$1.38m). Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Profit margins are more than 30% lower than last year (0.01% net profit margin). Valuation Update With 7 Day Price Move • Jun 03
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹90.06, the stock trades at a trailing P/E ratio of 53x. Average trailing P/E is 35x in the IT industry in India. Total returns to shareholders of 3.9% over the past year. New Risk • May 30
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 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 (₹41m revenue, or US$494k). Market cap is less than US$10m (₹139.7m market cap, or US$1.67m). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Share price has been volatile over the past 3 months (8.5% average weekly change). Profit margins are more than 30% lower than last year (5.8% net profit margin). Reported Earnings • May 29
Full year 2024 earnings released: ₹6.52 loss per share (vs ₹5.55 profit in FY 2023) Full year 2024 results: ₹6.52 loss per share (down from ₹5.55 profit in FY 2023). Revenue: ₹47.8m (down 25% from FY 2023). Net loss: ₹9.14m (down 218% from profit in FY 2023). Duyuru • May 23
Ekennis Software Service Limited to Report Second Half, 2024 Results on May 28, 2024 Ekennis Software Service Limited announced that they will report second half, 2024 results on May 28, 2024 New Risk • May 21
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 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 (₹41m revenue, or US$495k). Market cap is less than US$10m (₹160.3m market cap, or US$1.92m). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Share price has been volatile over the past 3 months (8.8% average weekly change). Profit margins are more than 30% lower than last year (5.8% net profit margin). Valuation Update With 7 Day Price Move • Apr 05
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹118, the stock trades at a trailing P/E ratio of 69.1x. Average trailing P/E is 37x in the IT industry in India. Total returns to shareholders of 7.9% over the past year. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹123, the stock trades at a trailing P/E ratio of 72.5x. Average trailing P/E is 36x in the IT industry in India. Total loss to shareholders of 6.6% over the past year. Valuation Update With 7 Day Price Move • Jan 15
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to ₹111, the stock trades at a trailing P/E ratio of 65.2x. Average trailing P/E is 45x in the IT industry in India. Total loss to shareholders of 28% over the past year. Valuation Update With 7 Day Price Move • Nov 02
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹102, the stock trades at a trailing P/E ratio of 18.4x. Average trailing P/E is 41x in the IT industry in India. Total loss to shareholders of 43% over the past year. Duyuru • Sep 23
Ekennis Software Service Limited Approves Appointment of Tejaswi Agarwal as Company Secretary and Compliance Officer Ekennis Software Service Limited approved the appointment of Ms. Tejaswi Agarwal (Membership No. A64373) as a Company Secretary and Compliance Officer with effect from September 28, 2023. Educational Qualification: Company Secretary - The Institute of Company Secretaries of India, New Delhi. Experience: 3 years (Approx.). Reasons for Appointment: Ms. Tejaswi Agarwal has been appointed as the Company Secretary (CS) and Compliance Officer designated as Key Managerial Personnel with effect from September 22, 2023 in view of resignation of Ms. Sonali from the office of Company Secretary and Compliance Officer to pursue her professional aspirations outside the Company with effect from September 14, 2023 (close of business hours). Tejaswi Agarwal, aged 31, has made noteworthy strides in her career. She became a member of the Institute of Company Secretaries of India in January 2021 and holds a Master's degree in Commerce (Accounts Hons.) from Gauhati University (2015) and a Bachelor's degree in Commerce (Accounts Hons.) from KC Das Commerce College (2013). Tejaswi boasts a diverse seven-year professional background in Corporate, Secretarial, Legal and Regulatory matters, with approximately three years of Post Qualified Experience in Company Secretaryship. Her expertise lies in handling complex corporate, legal. and compliance matters, making her an invaluable asset in her field. Duyuru • Sep 15
Ekennis Software Service Limited Announces Resignation of Sonali as Company Secretary and Compliance Officer Ekennis Software Service Limited announced that Ms. Sonali has resigned from the position of Company Secretary and Compliance Officer of the Company, with effect from 14th September, 2023 (close of business hours), to pursue her professional aspirations outside the Company. New Risk • Aug 16
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 60% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). High level of non-cash earnings (60% accrual ratio). Revenue is less than US$1m (₹65m revenue, or US$779k). Market cap is less than US$10m (₹118.4m market cap, or US$1.42m). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (12% net profit margin). Reported Earnings • Aug 16
Full year 2023 earnings released: EPS: ₹5.55 (vs ₹10.59 in FY 2022) Full year 2023 results: EPS: ₹5.55 (down from ₹10.59 in FY 2022). Revenue: ₹64.8m (up 39% from FY 2022). Net income: ₹7.77m (down 28% from FY 2022). Profit margin: 12% (down from 23% in FY 2022). The decrease in margin was driven by higher expenses. Duyuru • Aug 11
Ekennis Software Service Limited, Annual General Meeting, Sep 11, 2023 Ekennis Software Service Limited, Annual General Meeting, Sep 11, 2023, at 12:30 Indian Standard Time. Duyuru • Aug 03
Ekennis Software Service Limited Announces Resignation of Sonali as Company Secretary & Compliance Officer, Effective September 14, 2023 Ekennis Software Service Limited announced that Ms. Sonali has resigned from the position of Company Secretary & Compliance Officer of the Company, on August 02, 2023. She is resigning to pursue her professional aspirations outside the Company. Her resignation would be effective from September 14, 2023 (close of business hours) after serving applicable notice period. Consequently, she shall also cease to be a Key Managerial Personnel of the Company in terms of Section 203 of the Companies Act, 2013 and other Applicable Laws. Valuation Update With 7 Day Price Move • May 22
Investor sentiment improves as stock rises 33% After last week's 33% share price gain to ₹161, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 28x in the IT industry in India. Total returns to shareholders of 79% over the past year. Duyuru • May 19
Ekennis Software Service Limited to Report First Half, 2023 Results on May 26, 2023 Ekennis Software Service Limited announced that they will report first half, 2023 results on May 26, 2023 Board Change • Apr 13
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Chairman & MD Manisha Sharma is the most experienced director on the board, commencing their role in 2019. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹112, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 24x in the IT industry in India. Negligible returns to shareholders over past year. Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹149, the stock trades at a trailing P/E ratio of 12.6x. Average trailing P/E is 25x in the IT industry in India. Valuation Update With 7 Day Price Move • Nov 29
Investor sentiment improved over the past week After last week's 16% share price gain to ₹185, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 24x in the IT industry in India. Reported Earnings • Nov 16
First half 2023 earnings released First half 2023 results: EPS: ₹5.48. Net income: ₹7.68m (up ₹7.68m from 1H 2022). Board Change • Nov 16
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Chairman & MD Manisha Sharma is the most experienced director on the board, commencing their role in 2019. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Duyuru • Nov 13
Ekennis Software Service Limited Appoints Vidya Sagar Sharma as the Chief Financial Officer Ekennis Software Service Limited announced that at the board meeting held on November 12, 2022, the company approved the appointment of Mr. Vidya Sagar Sharma as the Chief Financial Officer (CFO) of the Company, with effect from November 12, 2022. He has been appointed as CFO with effect from November 12, 2022. Brief terms of appointment includes planning, implementation, managing and running of all the finance activities of the Company. He is aged 65 years, have completed his Masters in Commerce from Rajasthan University. He has worked earlier as Sr. Administrator Officer in Rajasthan Government and played vital roles in many aspects . He has In-depth knowledge of corporate financial law and risk management practices. He has Excellent knowledge of data analysis and forecasting methods & has Ability to strategise and solve financial problems . He played many Strong leadership and organisational roles which helped organizations in many aspects. Overall he has more than 40 years of experience . Mr. Vidhya Sagar Sharma is Father-in Law of Ms. Manisha Sharma (Managing Director) and Father of Mr. Vikas Sharma (Chief Executive Officer). Duyuru • Nov 05
Ekennis Software Service Limited to Report First Half, 2023 Results on Nov 12, 2022 Ekennis Software Service Limited announced that they will report first half, 2023 results on Nov 12, 2022 Valuation Update With 7 Day Price Move • Nov 03
Investor sentiment improved over the past week After last week's 20% share price gain to ₹163, the stock trades at a trailing P/E ratio of 20.9x. Average trailing P/E is 24x in the IT industry in India. Valuation Update With 7 Day Price Move • Sep 15
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹155, the stock trades at a trailing P/E ratio of 19.9x. Average trailing P/E is 26x in the IT industry in India. Duyuru • Sep 15
Ekennis Software Service Limited Appoints Vikas Sharma as Chief Executive Officer Ekennis Software Service Limited at its board meeting held on September 14, 2022, approved the appointment of Mr. Vikas Sharma as the Chief Executive Officer (CEO) of the company, designated as Key managerial Personnel (KMP) pursuant to Section 203 of Companies Act, 2013. Effective date is September 14, 2022. Mr. Vikas Sharma is aged 41 years, have Completed his B.Tech Civil Engineering from Rajasthan Technical University, Further Completed his PG Diploma in IT Management from Global Nxt University, Malaysia, Having International Team Management Experience at Europe (4 Years) and Asia Pacific (1 Year), Worked as Sr. Program Manager in SAP Solutions and Consulting. Certified PMP® Professional, Completed CS50x Introduction to Computer Science from Harvard University and also done 15.390x Entrepreneurship 101 from Massachusetts Institute of Technology. Overall, he has more than 21 years of experience inclusive of 17 years in Robert Bosch. He has Excellent ability to act strategically and corporately with creative approach of problem solving. Valuation Update With 7 Day Price Move • Sep 01
Investor sentiment improved over the past week After last week's 51% share price gain to ₹190, the stock trades at a trailing P/E ratio of 24.5x. Average trailing P/E is 27x in the IT industry in India. Valuation Update With 7 Day Price Move • Aug 17
Investor sentiment improved over the past week After last week's 17% share price gain to ₹119, the stock trades at a trailing P/E ratio of 15.3x. Average trailing P/E is 25x in the IT industry in India. Duyuru • Aug 11
Ekennis Software Service Limited Approves Dividend for the Financial Year 2021-2022 Ekennis Software Service Limited at its Annual General Meeting held on August 10, 2022, approved the Dividend 10% (INR 1 per share) on the paid up value of Equity Shares of the Company for the financial year 2021-2022. Valuation Update With 7 Day Price Move • Jul 21
Investor sentiment improved over the past week After last week's 16% share price gain to ₹90.95, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 27x in the IT industry in India. Reported Earnings • Jul 16
Full year 2022 earnings released: EPS: ₹10.59 (vs ₹9.16 in FY 2021) Full year 2022 results: EPS: ₹10.59 (up from ₹9.16 in FY 2021). Revenue: ₹46.7m (flat on FY 2021). Net income: ₹10.9m (up 19% from FY 2021). Profit margin: 23% (up from 20% in FY 2021). Duyuru • Jul 15
Ekennis Software Service Limited Proposes Dividend for the Financial Year 2022 Ekennis Software Service Limited announced Notice of Annual General Meeting to Be Held on 10Th August, 2022, To declare the Dividend 10 % (INR 1 per share) on the paid up value of Equity Shares of the Company for the financial year 2021-22. Duyuru • Jul 08
Ekennis Software Service Limited, Annual General Meeting, Aug 10, 2022 Ekennis Software Service Limited, Annual General Meeting, Aug 10, 2022. Agenda: To consider the payment of Dividend for the fiscal year 2021-22. Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment deteriorated over the past week After last week's 19% share price decline to ₹80.10, the stock trades at a trailing P/E ratio of 10.3x. Average trailing P/E is 27x in the IT industry in India. Reported Earnings • May 30
Full year 2022 earnings released: EPS: ₹10.58 (vs ₹9.49 in FY 2021) Full year 2022 results: EPS: ₹10.58 (up from ₹9.49 in FY 2021). Revenue: ₹46.7m (flat on FY 2021). Net income: ₹10.9m (up 15% from FY 2021). Profit margin: 23% (up from 20% in FY 2021). Duyuru • May 26
Ekennis Software Service Limited Recommends Dividend for the Financial Year Ended March 31, 2022 The board of directors of Ekennis Software Service Limited at its meeting held on May 25, 2022, recommended a dividend of 10% (INR 1 per share) on the paid up value of 10/- per share for the financial year ended March 31, 2022. Duyuru • May 17
Ekennis Software Service Limited to Report Q4, 2022 Results on May 25, 2022 Ekennis Software Service Limited announced that they will report Q4, 2022 results on May 25, 2022 Duyuru • May 15
Ekennis Software Service Limited Announces Resignation of Tenneti Viswanadham as Chief Financial Officer Ekennis Software Service Limited announced that Mr. Tenneti Viswanadham, has resigned from the position of Chief Financial Officer of the Company with effect from close of business hours on 14th May 2022 due to his personal reason and the same shall be taken on record by the Board of Directors in the subsequent next Board meeting. The Company is in the process of identifying or hiring a new person for the vacant position. The Company shall inform to the Stock Exchanges once the position of CFO is filled up. Board Change • Apr 27
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Chairman & MD Manisha Sharma is the most experienced director on the board, commencing their role in 2019. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Mar 31
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Chairman & MD Manisha Sharma is the most experienced director on the board, commencing their role in 2019. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. 
