Reported Earnings • Aug 13
First quarter 2027 earnings released: ₹0.50 loss per share (vs ₹1.34 profit in 1Q 2026) First quarter 2027 results: ₹0.50 loss per share (down from ₹1.34 profit in 1Q 2026). Revenue: ₹280.9m (up 46% from 1Q 2026). Net loss: ₹17.1m (down 122% from profit in 1Q 2026). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Duyuru • Aug 04
AION-TECH Solutions Limited to Report Q1, 2027 Results on Aug 12, 2026 AION-TECH Solutions Limited announced that they will report Q1, 2027 results on Aug 12, 2026 New Risk • Jun 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 9.7% 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: Minor Risks Share price has been volatile over the past 3 months (9.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.7% net profit margin). Market cap is less than US$100m (₹2.72b market cap, or US$28.8m). Valuation Update With 7 Day Price Move • Jun 25
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹51.88, the stock trades at a trailing P/E ratio of 34x. Average trailing P/E is 22x in the IT industry in India. Total loss to shareholders of 23% over the past three years. Reported Earnings • May 31
Full year 2026 earnings released: EPS: ₹0.20 (vs ₹2.86 in FY 2025) Full year 2026 results: EPS: ₹0.20 (down from ₹2.86 in FY 2025). Revenue: ₹1.40b (up 57% from FY 2025). Net income: ₹80.2m (down 19% from FY 2025). Profit margin: 5.7% (down from 11% in FY 2025). Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • May 27
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹48.37, the stock trades at a trailing P/E ratio of 30x. Average trailing P/E is 22x in the IT industry in India. Total loss to shareholders of 23% over the past three years. Duyuru • May 22
AION-TECH Solutions Limited to Report Q4, 2026 Results on May 29, 2026 AION-TECH Solutions Limited announced that they will report Q4, 2026 results on May 29, 2026 Valuation Update With 7 Day Price Move • Mar 30
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹30.94, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 20x in the IT industry in India. Total loss to shareholders of 34% over the past three years. Board Change • Mar 13
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Executive Non-Independent Director Karthik SP was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 13
Third quarter 2026 earnings released: ₹0.34 loss per share (vs ₹0.13 loss in 3Q 2025) Third quarter 2026 results: ₹0.34 loss per share. Revenue: ₹420.0m (up 90% from 3Q 2025). Net income: ₹160.0k (up ₹4.50m from 3Q 2025). Profit margin: 0% (up from net loss in 3Q 2025). Duyuru • Feb 05
AION-TECH Solutions Limited to Report Q3, 2026 Results on Feb 11, 2026 AION-TECH Solutions Limited announced that they will report Q3, 2026 results on Feb 11, 2026 Reported Earnings • Nov 14
Second quarter 2026 earnings released: ₹0.09 loss per share (vs ₹2.87 profit in 2Q 2025) Second quarter 2026 results: ₹0.09 loss per share (down from ₹2.87 profit in 2Q 2025). Revenue: ₹340.8m (up 69% from 2Q 2025). Net loss: ₹1.60m (down 102% from profit in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Duyuru • Nov 12
AION-TECH Solutions Limited Announces Board Changes, Effective November 12, 2025 AION-TECH Solutions Limited announced at the board meeting held on November 12, 2025, approved resignation of Mr. Clinton Travis Caddell (DIN: 01416681), a non-independent non-executive Director, from the Board of the Company with effect from November 12, 2025 due to other commitments & personal reasons.and appointed Mr. Chanakya Bellam Radha Krishna (02642002) as an Additional Director in the category of Non Independent and Non Executive Director with effect from November 12, 2025. Chanakya is a seasoned business leader with over two decades of cross-functional experience spanning corporate strategy, marketing, fundraising, business development, and consulting. A Postgraduate in Business Administration, he has built a
distinguished career advising organizations from emerging start-ups to listed enterprises on growth strategy, operational excellence, and sustainable scalability. Currently serving as President, Strategy & Corporate Development at Trinity lnfraventures Limited, the parent company of Aion-Tech Solutions Limited, Chanakya plays a pivotal role in shaping long-term business strategy, forging strategic partnerships, and driving growth initiatives across technology and infrastructure domains. Earlier in his career, Chanakya held leadership
roles in several reputed organizations, including Indian listed entities, where he led mandates in business optimization, financial oversight, fund raising and performance transformation, consistently delivering measurable growth outcomes. Deeply passionate about the Indian start-up ecosystem, Chanakya actively mentors founders on fundraising strategies, investor relations, and business model innovation, helping them transform vision into scalable enterprises. Duyuru • Nov 04
AION-TECH Solutions Limited to Report Q2, 2026 Results on Nov 12, 2025 AION-TECH Solutions Limited announced that they will report Q2, 2026 results on Nov 12, 2025 Duyuru • Sep 01
AION-TECH Solutions Limited, Annual General Meeting, Sep 29, 2025 AION-TECH Solutions Limited, Annual General Meeting, Sep 29, 2025, at 16:30 Indian Standard Time. Reported Earnings • Aug 12
First quarter 2026 earnings released: EPS: ₹1.34 (vs ₹0.10 loss in 1Q 2025) First quarter 2026 results: EPS: ₹1.34 (up from ₹0.10 loss in 1Q 2025). Revenue: ₹200.9m (up 13% from 1Q 2025). Net income: ₹78.3m (up ₹81.6m from 1Q 2025). Profit margin: 39% (up from net loss in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Duyuru • Aug 09
AION-TECH Solutions Limited to Report Q1, 2026 Results on Aug 11, 2025 AION-TECH Solutions Limited announced that they will report Q1, 2026 results on Aug 11, 2025 Valuation Update With 7 Day Price Move • Aug 04
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹77.07, the stock trades at a trailing P/E ratio of 40.8x. Average trailing P/E is 28x in the IT industry in India. Total returns to shareholders of 27% over the past three years. Valuation Update With 7 Day Price Move • Jul 01
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹77.02, the stock trades at a trailing P/E ratio of 40.6x. Average trailing P/E is 29x in the IT industry in India. Total returns to shareholders of 73% over the past three years. Reported Earnings • May 30
Full year 2025 earnings released: EPS: ₹2.86 (vs ₹0.63 loss in FY 2024) Full year 2025 results: EPS: ₹2.86 (up from ₹0.63 loss in FY 2024). Revenue: ₹923.2m (down 1.0% from FY 2024). Net income: ₹99.0m (up ₹120.8m from FY 2024). Profit margin: 11% (up from net loss in FY 2024). Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Duyuru • May 24
AION-TECH Solutions Limited to Report Q4, 2025 Results on May 29, 2025 AION-TECH Solutions Limited announced that they will report Q4, 2025 results at 12:15 PM, Indian Standard Time on May 29, 2025 New Risk • May 21
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 51% 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 Share price has been highly volatile over the past 3 months (13% average weekly change). Shareholders have been substantially diluted in the past year (51% increase in shares outstanding). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (₹3.81b market cap, or US$44.5m). Valuation Update With 7 Day Price Move • May 15
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹71.83, the stock trades at a trailing P/E ratio of 29.4x. Average trailing P/E is 28x in the IT industry in India. Total returns to shareholders of 17% over the past three years. Valuation Update With 7 Day Price Move • Apr 23
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹66.94, the stock trades at a trailing P/E ratio of 27.2x. Average trailing P/E is 28x in the IT industry in India. Negligible returns to shareholders over past three years. Valuation Update With 7 Day Price Move • Mar 17
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to ₹48.13, the stock trades at a trailing P/E ratio of 19.8x. Average trailing P/E is 25x in the IT industry in India. Total loss to shareholders of 34% over the past three years. New Risk • Feb 27
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 8.2% 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 (8.2% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₹2.21b market cap, or US$25.4m). Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹71.63, the stock trades at a trailing P/E ratio of 29.4x. Average trailing P/E is 29x in the IT industry in India. Total returns to shareholders of 13% over the past three years. Reported Earnings • Feb 19
Third quarter 2025 earnings released: ₹0.13 loss per share (vs ₹0.27 loss in 3Q 2024) Third quarter 2025 results: ₹0.13 loss per share (improved from ₹0.27 loss in 3Q 2024). Revenue: ₹221.1m (down 16% from 3Q 2024). Net loss: ₹4.34m (loss narrowed 53% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Board Change • Feb 15
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 Non-Executive & Non Independent Director Bernd Perschke was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Feb 10
AION-TECH Solutions Limited to Report Q3, 2025 Results on Feb 13, 2025 AION-TECH Solutions Limited announced that they will report Q3, 2025 results on Feb 13, 2025 Valuation Update With 7 Day Price Move • Dec 10
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹81.70, the stock trades at a trailing P/E ratio of 35.3x. Average trailing P/E is 37x in the IT industry in India. Total loss to shareholders of 17% over the past three years. Reported Earnings • Nov 16
Second quarter 2025 earnings released: EPS: ₹2.87 (vs ₹0.06 loss in 2Q 2024) Second quarter 2025 results: EPS: ₹2.87 (up from ₹0.06 loss in 2Q 2024). Revenue: ₹206.7m (down 17% from 2Q 2024). Net income: ₹99.3m (up ₹101.4m from 2Q 2024). Profit margin: 48% (up from net loss in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 9% per year. Duyuru • Nov 15
AION-TECH Solutions Limited Announces Executive Change AION-TECH Solutions Limited announced that based on the recommendation of Nomination and Remuneration Committee, the Board of Directors in their meeting held on November 14, 2024, appointed Mr. Adalat Srikanth, a Fellow member of the Institute of Company Secretaries of India, as the Company Secretary & Compliance Office with effect from November 15, 2024. Term: As per the policy of the Company. Mr. Adalat is a Fellow member of the Institute of Company Secretaries of India, Postgraduate in Commerce and a Law Graduate. He has over 24 years of experience in dealing with Secretarial Compliances of Listed and Unlisted Companies. His expertise includes handling legal matters, corporate restructuring, merger & acquisitions. Currently, he is serving the Company as AVP - Legal. Consequent to the said appointment, Mr. Seetepalli Venkat Raghunand, Executive Director, who had been appointed as Interim Compliance Officer, ceases to act as such with effect from close of business hours of November 14, 2024. Duyuru • Nov 08
AION-TECH Solutions Limited to Report Q2, 2025 Results on Nov 14, 2024 AION-TECH Solutions Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Duyuru • Oct 04
Trentar Private Limited acquired Wowtruck Technologies Private Limited from AION-TECH Solutions Limited (BSE:531439) for INR 100 million. Trentar Private Limited agreed to acquire Wowtruck Technologies Private Limited from AION-TECH Solutions Limited (BSE:531439) for INR 100 million on August 8, 2024. An initial cash consideration of INR 40 million was paid and the remaining INR 60 million will be paid upon completion of the respective conditions precedent. Wowtruck Technologies has reported revenue of INR 143.6 million and Net worth of INR 5.7 million during the last financial year. The transaction is subject to and has received board approval. The transaction is subject to shareholder approval and such other necessary approvals, consents, permissions and / or sanctions of the appropriate authorities, institutions or bodies as may be required. As of September 10, 2024, the transaction has received shareholder approval. The transaction is expected to be completed in next six months.
Trentar Private Limited complete the acquisition of Wowtruck Technologies Private Limited from AION-TECH Solutions Limited (BSE:531439) for INR 100 million on October 3, 2024. Duyuru • Aug 30
AION-TECH Solutions Limited, Annual General Meeting, Sep 27, 2024 AION-TECH Solutions Limited, Annual General Meeting, Sep 27, 2024, at 16:30 Indian Standard Time. Reported Earnings • Aug 14
First quarter 2025 earnings released: ₹0.10 loss per share (vs ₹0.09 loss in 1Q 2024) First quarter 2025 results: ₹0.10 loss per share (further deteriorated from ₹0.09 loss in 1Q 2024). Revenue: ₹181.2m (down 3.7% from 1Q 2024). Net loss: ₹3.28m (loss widened 1.5% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 172 percentage points per year, which is a significant difference in performance. Duyuru • Aug 05
AION-TECH Solutions Limited to Report Q1, 2025 Results on Aug 13, 2024 AION-TECH Solutions Limited announced that they will report Q1, 2025 results on Aug 13, 2024 New Risk • Jun 25
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% 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% average weekly change). Earnings have declined by 1.3% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₹4.97b market cap, or US$59.5m). Reported Earnings • May 24
Full year 2024 earnings released: ₹0.63 loss per share (vs ₹0.13 profit in FY 2023) Full year 2024 results: ₹0.63 loss per share (down from ₹0.13 profit in FY 2023). Revenue: ₹945.2m (up 1.7% from FY 2023). Net loss: ₹21.8m (down ₹26.4m from profit in FY 2023). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has increased by 125% per year, which means it is well ahead of earnings. Reported Earnings • Feb 14
Third quarter 2024 earnings released: ₹0.27 loss per share (vs ₹0.15 profit in 3Q 2023) Third quarter 2024 results: ₹0.27 loss per share (down from ₹0.15 profit in 3Q 2023). Revenue: ₹265.5m (down 3.3% from 3Q 2023). Net loss: ₹9.19m (down 279% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 146% per year, which means it is well ahead of earnings. Reported Earnings • Nov 11
Second quarter 2024 earnings released: ₹0.06 loss per share (vs ₹0.16 profit in 2Q 2023) Second quarter 2024 results: ₹0.06 loss per share (down from ₹0.16 profit in 2Q 2023). Revenue: ₹252.2m (down 2.3% from 2Q 2023). Net loss: ₹2.01m (down 137% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 124% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Sep 01
Goldstone Technologies Limited, Annual General Meeting, Sep 28, 2023 Goldstone Technologies Limited, Annual General Meeting, Sep 28, 2023, at 16:30 Indian Standard Time. Board Change • Aug 15
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 Director Deepankar Tiwari 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. Reported Earnings • Aug 11
First quarter 2024 earnings released: ₹0.09 loss per share (vs ₹0.03 profit in 1Q 2023) First quarter 2024 results: ₹0.09 loss per share (down from ₹0.03 profit in 1Q 2023). Revenue: ₹190.4m (up 41% from 1Q 2023). Net loss: ₹3.23m (down 399% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 123% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Aug 01
Goldstone Technologies Limited to Report Q1, 2024 Results on Aug 10, 2023 Goldstone Technologies Limited announced that they will report Q1, 2024 results on Aug 10, 2023 New Risk • Jul 05
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 7.7% 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 High level of non-cash earnings (27% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Profit margins are more than 30% lower than last year (0.5% net profit margin). Market cap is less than US$100m (₹2.78b market cap, or US$33.9m). Reported Earnings • Jun 01
Full year 2023 earnings released: EPS: ₹0.13 (vs ₹0.19 in FY 2022) Full year 2023 results: EPS: ₹0.13 (down from ₹0.19 in FY 2022). Revenue: ₹941.0m (up 55% from FY 2022). Net income: ₹4.56m (down 10% from FY 2022). Profit margin: 0.5% (down from 0.8% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 92% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Feb 16
Third quarter 2023 earnings released: EPS: ₹0.15 (vs ₹0.019 loss in 3Q 2022) Third quarter 2023 results: EPS: ₹0.15 (up from ₹0.019 loss in 3Q 2022). Revenue: ₹274.5m (up 61% from 3Q 2022). Net income: ₹5.13m (up ₹5.57m from 3Q 2022). Profit margin: 1.9% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has increased by 88% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Nov 16
High number of new directors Independent Non-Executive Director Deepa Chandra was the last director to join the board, commencing their role in 2020. Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: ₹0.16 (vs ₹0.97 in 2Q 2022) Second quarter 2023 results: EPS: ₹0.16 (down from ₹0.97 in 2Q 2022). Revenue: ₹260.6m (up 49% from 2Q 2022). Net income: ₹5.50m (down 70% from 2Q 2022). Profit margin: 2.1% (down from 10% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has increased by 81% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 12
First quarter 2023 earnings released: EPS: ₹0.03 (vs ₹0.25 loss in 1Q 2022) First quarter 2023 results: EPS: ₹0.03 (up from ₹0.25 loss in 1Q 2022). Revenue: ₹135.5m (up 10.0% from 1Q 2022). Net income: ₹1.08m (up ₹5.78m from 1Q 2022). Profit margin: 0.8% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 79% per year whereas the company’s share price has increased by 75% per year. Reported Earnings • May 30
Full year 2022 earnings released: EPS: ₹0.19 (vs ₹0.30 loss in FY 2021) Full year 2022 results: EPS: ₹0.19 (up from ₹0.30 loss in FY 2021). Revenue: ₹636.6m (up 27% from FY 2021). Net income: ₹5.08m (up ₹10.8m from FY 2021). Profit margin: 0.8% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 69% per year and the company’s share price has also increased by 69% per year. Reported Earnings • Feb 13
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: ₹0.01 loss per share (down from ₹0.13 profit in 3Q 2021). Revenue: ₹171.0m (up 29% from 3Q 2021). Net loss: ₹440.0k (down 117% from profit in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 85% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 18
First quarter 2022 earnings released: ₹0.25 loss per share (vs ₹0.07 profit in 1Q 2021) The company reported a mediocre first quarter result with weaker earnings and weaker control over costs, although revenues improved. First quarter 2022 results: Revenue: ₹123.3m (up 33% from 1Q 2021). Net loss: ₹4.70m (down 446% from profit in 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance. Reported Earnings • Jun 30
Full year 2021 earnings released: ₹0.31 loss per share (vs ₹0.068 loss in FY 2020) The company reported a soft full year result with increased losses and weaker control over costs, although revenues improved. Full year 2021 results: Revenue: ₹504.1m (up 18% from FY 2020). Net loss: ₹5.73m (loss widened 348% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment improved over the past week After last week's 20% share price gain to ₹12.70, the stock trades at a trailing P/E ratio of 36.9x. Average trailing P/E is 29x in the IT industry in India. Total loss to shareholders of 20% over the past three years. Valuation Update With 7 Day Price Move • May 17
Investor sentiment improved over the past week After last week's 16% share price gain to ₹10.65, the stock trades at a trailing P/E ratio of 30.9x. Average trailing P/E is 24x in the IT industry in India. Total returns to shareholders of 1.9% over the past three years. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment improved over the past week After last week's 20% share price gain to ₹10.90, the stock trades at a trailing P/E ratio of 31.1x. Average trailing P/E is 23x in the IT industry in India. Total loss to shareholders of 19% over the past three years. Valuation Update With 7 Day Price Move • Mar 18
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹12.85, the stock trades at a trailing P/E ratio of 39.9x. Average trailing P/E is 23x in the IT industry in India. Total returns to shareholders of 2.4% over the past three years. Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment improved over the past week After last week's 20% share price gain to ₹12.35, the stock is trading at a trailing P/E ratio of 30.9x, up from the previous P/E ratio of 25.8x. This compares to an average P/E of 21x in the IT industry in India. Total return to shareholders over the past three years is a loss of 7.8%. Is New 90 Day High Low • Feb 20
New 90-day high: ₹12.35 The company is up 52% from its price of ₹8.15 on 20 November 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 19% over the same period. Reported Earnings • Feb 13
Third quarter 2021 earnings released: EPS ₹0.13 (vs ₹0.18 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹132.5m (up 23% from 3Q 2020). Net income: ₹2.55m (up ₹6.00m from 3Q 2020). Profit margin: 1.9% (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 71% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 01
New 90-day high: ₹11.55 The company is up 31% from its price of ₹8.80 on 01 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 18% over the same period. Is New 90 Day High Low • Dec 12
New 90-day high: ₹9.95 The company is up 2.0% from its price of ₹9.80 on 11 September 2020. The Indian market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 20% over the same period. Reported Earnings • Nov 15
Second quarter 2021 earnings released: EPS ₹0.04 The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues were improved. Second quarter 2021 results: Revenue: ₹130.2m (up 32% from 2Q 2020). Net income: ₹660.0k (down 51% from 2Q 2020). Profit margin: 0.5% (down from 1.4% in 2Q 2020). The decrease in margin was driven by higher expenses. 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 5% per year, which means it is significantly lagging earnings.