New Risk • Apr 02
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 9.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹1.2b free cash flow). Earnings have declined by 21% per year over the past 5 years. Market cap is less than US$10m (₹320.9m market cap, or US$3.45m). Minor Risk Share price has been volatile over the past 3 months (9.4% average weekly change). Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: ₹0.08 (vs ₹0.34 loss in 3Q 2025) Third quarter 2026 results: EPS: ₹0.08 (up from ₹0.34 loss in 3Q 2025). Revenue: ₹169.7m (down 21% from 3Q 2025). Net income: ₹2.04m (up ₹10.9m from 3Q 2025). Profit margin: 1.2% (up from net loss in 3Q 2025). The move to profitability was driven by lower expenses. 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. Duyuru • Feb 12
GSS Infotech Limited Appoints Ms. Barsha Agrawal as Additional Director on the Board of the Company, Effective from 12 February 2026 GSS Infotech Limited approved the appointment of Ms. Barsha Agrawal (DIN: 11539716) as Additional Director (Category: Non-Executive Non-Independent) on the board of the Company w.e.f. 12th February 2026 and her office shall be liable to retire by rotation and further recommend the members for her appointment as a Non- Executive Non Independent Rotational Director of the Company at the ensuing Annual General Meeting of the Company or within a time period of three months from the date of appointment whichever is earlier. Ms. Barsha Agrawal (DIN:11539716) holds a Chartered Accountant degree. She has experience of over 15 years in Enterprise Risk Management, IT Audit and Governance across Financial services. She brings a unique combination of skills and value to any organization and ensure regulatory compliances. Duyuru • Feb 05
GSS Infotech Limited to Report Q3, 2026 Results on Feb 12, 2026 GSS Infotech Limited announced that they will report Q3, 2026 results on Feb 12, 2026 Reported Earnings • Nov 15
Second quarter 2026 earnings released: EPS: ₹0.10 (vs ₹0.04 in 2Q 2025) Second quarter 2026 results: EPS: ₹0.10 (up from ₹0.04 in 2Q 2025). Revenue: ₹207.7m (down 38% from 2Q 2025). Net income: ₹2.59m (up 154% from 2Q 2025). Profit margin: 1.2% (up from 0.3% in 2Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 52 percentage points per year, which is a significant difference in performance. Duyuru • Nov 09
GSS Infotech Limited to Report Q2, 2026 Results on Nov 13, 2025 GSS Infotech Limited announced that they will report Q2, 2026 results on Nov 13, 2025 New Risk • Aug 29
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 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 1.7% per year over the past 5 years. Shareholders have been substantially diluted in the past year (34% increase in shares outstanding). Market cap is less than US$10m (₹752.3m market cap, or US$8.53m). Minor Risk Share price has been volatile over the past 3 months (7.1% average weekly change). Duyuru • Aug 28
GSS Infotech Limited, Annual General Meeting, Sep 25, 2025 GSS Infotech Limited, Annual General Meeting, Sep 25, 2025, at 11:00 Indian Standard Time. Reported Earnings • Aug 06
First quarter 2026 earnings released: ₹0.58 loss per share (vs ₹0.04 profit in 1Q 2025) First quarter 2026 results: ₹0.58 loss per share (down from ₹0.04 profit in 1Q 2025). Revenue: ₹240.9m (down 19% from 1Q 2025). Net loss: ₹15.2m (down ₹16.3m from profit in 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 52 percentage points per year, which is a significant difference in performance. Duyuru • Jul 28
GSS Infotech Limited to Report Q1, 2026 Results on Aug 05, 2025 GSS Infotech Limited announced that they will report Q1, 2026 results on Aug 05, 2025 New Risk • Jun 23
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹864.0m (US$9.96m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (34% increase in shares outstanding). Market cap is less than US$10m (₹864.0m market cap, or US$9.96m). Minor Risk Share price has been volatile over the past 3 months (8.7% average weekly change). Reported Earnings • Jun 02
Full year 2025 earnings released: ₹0.52 loss per share (vs ₹4.07 profit in FY 2024) Full year 2025 results: ₹0.52 loss per share (down from ₹4.07 profit in FY 2024). Revenue: ₹1.26b (down 26% from FY 2024). Net loss: ₹13.7m (down 118% 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 41 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • Apr 24
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹44.97, the stock trades at a trailing P/E ratio of 19x. Average trailing P/E is 28x in the IT industry in India. Total loss to shareholders of 71% over the past three years. New Risk • Apr 15
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 9.9% 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 (9.9% average weekly change). Shareholders have been substantially diluted in the past year (34% increase in shares outstanding). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (₹976.7m market cap, or US$11.4m). New Risk • Mar 28
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹853.5m (US$9.99m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (34% increase in shares outstanding). Market cap is less than US$10m (₹853.5m market cap, or US$9.99m). Minor Risks Share price has been volatile over the past 3 months (9.2% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹33.36, the stock trades at a trailing P/E ratio of 14.1x. Average trailing P/E is 28x in the IT industry in India. Total loss to shareholders of 71% over the past three years. Duyuru • Mar 18
GSS Infotech Limited Appoints Sonu Kumar as Chief Financial Officer GSS Infotech Limited at its Board of Directors meeting held on March 18, 2025, considered and approved the appointment of Mr. Sonu Kumar as Chief Financial Officer of the Company, effective March 18, 2025. Mr. Sonu Kumar will be responsible for all financial functions of the company as prescribed under Section 203 of Companies Act, 2013. At Present, he is also the Company Secretary and Compliance officer of the company. Mr. Sonu Kumar has done Masters in Commerce from IGNOU, New Delhi and First group of CA Final Chartered Accountancy Course and also is a Member of Institute of Company Secretaries of India. He has an overall experience of twelve years in finance and accounting and also having vast knowledge of Company Laws, SEBI, Listing Compliances, Secretarial Compliances and Corporate Governance. Mr. Sonu Kumar is not related to any of the Directors. Valuation Update With 7 Day Price Move • Mar 03
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹43.16, the stock trades at a trailing P/E ratio of 18.3x. Average trailing P/E is 26x in the IT industry in India. Total loss to shareholders of 55% over the past three years. Reported Earnings • Feb 15
Third quarter 2025 earnings released: ₹0.34 loss per share (vs ₹0.04 profit in 3Q 2024) Third quarter 2025 results: ₹0.34 loss per share (down from ₹0.04 profit in 3Q 2024). Revenue: ₹213.6m (up 11% from 3Q 2024). Net loss: ₹8.82m (down ₹9.45m from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. New Risk • Feb 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 Shareholders have been substantially diluted in the past year (34% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₹1.55b market cap, or US$17.8m). 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: 34% 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 Risk Shareholders have been substantially diluted in the past year (34% increase in shares outstanding). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (₹1.45b market cap, or US$16.7m). Valuation Update With 7 Day Price Move • Dec 05
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹68.03, the stock trades at a trailing P/E ratio of 24.8x. Average trailing P/E is 36x in the IT industry in India. Total loss to shareholders of 54% over the past three years. Duyuru • Nov 16
GSS Infotech Limited Appoints Sonu Kumar as Company Secretary & Compliance Officer GSS Infotech Limited appointed Mr. Sonu Kumar as Company Secretary & Compliance Officer of the company, effective from 14 November, 2024. Mr. Sonu Kumar will be responsible for all the functions of Company Secretary as prescribed under Section 205 of Companies Act, 2013. He will also be the Compliance Officer as required under Regulation 6 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015. Mr. Sonu Kumar Has Done Masters in Commerce from Ignou, New Delhi and First Group of Ca Final Chartered Accountancy Course and Also Is A Member of Institute of Company Secretaries of India. He Has an Overall Experience of Five Years and Is Having Vast Knowledge of Company Laws, Sebi, Listing Compliances, Secretarial Compliances and Corporate Governance. Duyuru • Oct 04
GSS Infotech Limited Approves Appointment of Subbarathnamma Palepu as Non- Executive Women Independent Director GSS Infotech Limited at the 21st Annual General Meeting (AGM) of the Company held on September 30, 2024, approved appointment of Ms. Subbarathnamma Palepu who was appointed as an Additional Director (category "Non-Executive, Women Independent") of the Company, as a Non- Executive Women Independent Director of the Company to hold office for a first term of five consecutive years effective 04th September 2024 to 03rd September 2029 (both days inclusive) and her office shall not be liable to retire by rotation. Duyuru • Sep 30
GSS Infotech Limited Announces Resignation of Nagajayanthi Raghavendra Dasjuttur as Independent Director GSS Infotech Limited informed the exchange(s) that the second term of five consecutive years of Ms. Nagajayanthi Raghavendra Dasjuttur, as an Independent Director of the Company is concluding on the 29th day of September, 2024, and thus as a result she will cease to be a Director of the Company w.e.f. the closing business hours of the same date. New Risk • Sep 13
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 34% This is considered a minor 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: Minor Risks Profit margins are more than 30% lower than last year (4.3% net profit margin). Shareholders have been diluted in the past year (34% increase in shares outstanding). Market cap is less than US$100m (₹2.08b market cap, or US$24.8m). Duyuru • Sep 05
GSS Infotech Limited, Annual General Meeting, Sep 30, 2024 GSS Infotech Limited, Annual General Meeting, Sep 30, 2024, at 11:00 Indian Standard Time. Reported Earnings • Aug 16
First quarter 2025 earnings released: EPS: ₹0.04 (vs ₹0.22 in 1Q 2024) First quarter 2025 results: EPS: ₹0.04 (down from ₹0.22 in 1Q 2024). Revenue: ₹298.2m (up 44% from 1Q 2024). Net income: ₹1.04m (down 72% from 1Q 2024). Profit margin: 0.3% (down from 1.8% in 1Q 2024). The decrease in margin was driven by higher expenses. 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 10% per year, which means it is well ahead of earnings. Duyuru • Aug 05
GSS Infotech Limited to Report Q1, 2025 Results on Aug 14, 2024 GSS Infotech Limited announced that they will report Q1, 2025 results on Aug 14, 2024 Duyuru • Jun 05
GSS Infotech Limited Announces the Resignation of Pooja Raja Kakarlapudi as Company Secretary and Compliance Officer GSS Infotech Limited announced the resignation of Ms Pooja Raja Kakarlapudi as Company Secretary and Compliance officer of the company, effective October 30, 2023. Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: ₹4.07 (vs ₹8.77 in FY 2023) Full year 2024 results: EPS: ₹4.07 (down from ₹8.77 in FY 2023). Revenue: ₹1.79b (up 56% from FY 2023). Net income: ₹74.5m (down 50% from FY 2023). Profit margin: 4.2% (down from 13% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year and the company’s share price has also increased by 10% per year. Duyuru • May 26
GSS Infotech Limited to Report Q4, 2024 Results on May 30, 2024 GSS Infotech Limited announced that they will report Q4, 2024 results on May 30, 2024 New Risk • Apr 11
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 Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risks Shareholders have been diluted in the past year (15% increase in shares outstanding). Market cap is less than US$100m (₹2.77b market cap, or US$33.2m). Reported Earnings • Feb 10
Third quarter 2024 earnings released: EPS: ₹0.04 (vs ₹2.59 in 3Q 2023) Third quarter 2024 results: EPS: ₹0.04 (down from ₹2.59 in 3Q 2023). Revenue: ₹192.0m (down 26% from 3Q 2023). Net income: ₹628.8k (down 99% from 3Q 2023). Profit margin: 0.3% (down from 17% in 3Q 2023). The decrease in margin was driven by lower revenue. 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 47% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Feb 03
GSS Infotech Limited to Report Q3, 2024 Results on Feb 09, 2024 GSS Infotech Limited announced that they will report Q3, 2024 results on Feb 09, 2024 Duyuru • Jan 29
GSS Infotech Limited Appoints Deeksha Verma as Compliance Officer of the Company GSS Infotech Limited announced that Ms. Deeksha Verma is appointed as a Compliance Officer of the Company with effect from 29th January, 2024. Ms. Deeksha Verma is a qualified Company Secretary. She has over 4+ years of post-qualification experience in working with listed company. Reported Earnings • Nov 15
Second quarter 2024 earnings released: EPS: ₹0.01 (vs ₹3.55 in 2Q 2023) Second quarter 2024 results: EPS: ₹0.01 (down from ₹3.55 in 2Q 2023). Revenue: ₹207.9m (down 34% from 2Q 2023). Net income: ₹223.5k (down 100% from 2Q 2023). Profit margin: 0.1% (down from 19% in 2Q 2023). The decrease in margin was driven by lower revenue. 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 75% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Oct 27
GSS Infotech Limited Announces Resignation of Pooja Raja Kakarlapudi as Company Secretary and Compliance Officer, Effective 30 October 2023 GSS Infotech Limited announced that Ms. Pooja Raja Kakarlapudi has tendered her resignation dated 25 October 2023 from the post of Company Secretary and Compliance Officer of the Company due to her personal commitments. Date of cessation: From the closure of business hours on 30 October 2023. New Risk • Aug 17
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 15% This is considered a minor 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: Minor Risks Profit margins are more than 30% lower than last year (9.9% net profit margin). Shareholders have been diluted in the past year (15% increase in shares outstanding). Market cap is less than US$100m (₹3.70b market cap, or US$44.5m). Duyuru • Aug 15
GSS Infotech Limited, Annual General Meeting, Sep 29, 2023 GSS Infotech Limited, Annual General Meeting, Sep 29, 2023, at 11:00 Indian Standard Time. Reported Earnings • Aug 15
First quarter 2024 earnings released: EPS: ₹0.22 (vs ₹2.99 in 1Q 2023) First quarter 2024 results: EPS: ₹0.22 (down from ₹2.99 in 1Q 2023). Revenue: ₹207.5m (down 37% from 1Q 2023). Net income: ₹3.70m (down 93% from 1Q 2023). Profit margin: 1.8% (down from 15% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has increased by 107% per year, which means it is tracking significantly ahead of earnings growth. Buying Opportunity • Aug 11
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 4.2%. The fair value is estimated to be ₹243, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.3% over the last 3 years. Earnings per share has grown by 90%. Duyuru • Aug 08
GSS Infotech Limited to Report Q1, 2024 Results on Aug 14, 2023 GSS Infotech Limited announced that they will report Q1, 2024 results on Aug 14, 2023 Duyuru • Jun 09
GSS Infotech Limited, Annual General Meeting, Jul 05, 2023 GSS Infotech Limited, Annual General Meeting, Jul 05, 2023, at 16:00 Indian Standard Time. Agenda: To consider, and, if thought fit, to pass the following resolution for approval of the Scheme by the requisite majority. Reported Earnings • Jun 01
Full year 2023 earnings released: EPS: ₹8.77 (vs ₹17.92 in FY 2022) Full year 2023 results: EPS: ₹8.77 (down from ₹17.92 in FY 2022). Revenue: ₹1.15b (down 2.2% from FY 2022). Net income: ₹148.5m (down 51% from FY 2022). Profit margin: 13% (down from 26% 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 90% per year but the company’s share price has increased by 96% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • May 23
GSS Infotech Limited to Report Q4, 2023 Results on May 30, 2023 GSS Infotech Limited announced that they will report Q4, 2023 results on May 30, 2023 Reported Earnings • Feb 15
Third quarter 2023 earnings released: EPS: ₹2.59 (vs ₹1.95 in 3Q 2022) Third quarter 2023 results: EPS: ₹2.59 (up from ₹1.95 in 3Q 2022). Revenue: ₹257.5m (down 7.2% from 3Q 2022). Net income: ₹43.8m (up 33% from 3Q 2022). Profit margin: 17% (up from 12% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 81% per year, which means it is significantly lagging earnings growth. Duyuru • Feb 07
GSS Infotech Limited to Report Q3, 2023 Results on Feb 14, 2023 GSS Infotech Limited announced that they will report Q3, 2023 results on Feb 14, 2023 Reported Earnings • Nov 17
Second quarter 2023 earnings released: EPS: ₹3.55 (vs ₹0.85 in 2Q 2022) Second quarter 2023 results: EPS: ₹3.55 (up from ₹0.85 in 2Q 2022). Revenue: ₹316.6m (up 1.7% from 2Q 2022). Net income: ₹60.1m (up 319% from 2Q 2022). Profit margin: 19% (up from 4.6% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has increased by 114% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment improved over the past week After last week's 16% share price gain to ₹249, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 26x in the IT industry in India. Total returns to shareholders of 599% over the past three years. Reported Earnings • Aug 14
First quarter 2023 earnings released: EPS: ₹2.99 (vs ₹0.77 in 1Q 2022) First quarter 2023 results: EPS: ₹2.99 (up from ₹0.77 in 1Q 2022). Revenue: ₹328.2m (up 10% from 1Q 2022). Net income: ₹50.6m (up 286% from 1Q 2022). Profit margin: 15% (up from 4.4% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has increased by 80% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • May 25
Full year 2022 earnings released: EPS: ₹17.92 (vs ₹2.17 loss in FY 2021) Full year 2022 results: EPS: ₹17.92 (up from ₹2.17 loss in FY 2021). Revenue: ₹1.17b (up 1.3% from FY 2021). Net income: ₹303.5m (up ₹340.3m from FY 2021). Profit margin: 26% (up from net loss in FY 2021). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • May 06
Investor sentiment improved over the past week After last week's 28% share price gain to ₹198, the stock trades at a trailing P/E ratio of 65.1x. Average trailing P/E is 30x in the IT industry in India. Total returns to shareholders of 67% over the past three years. Valuation Update With 7 Day Price Move • Apr 20
Investor sentiment improved over the past week After last week's 21% share price gain to ₹159, the stock trades at a trailing P/E ratio of 51.3x. Average trailing P/E is 31x in the IT industry in India. Total returns to shareholders of 27% over the past three years. Reported Earnings • Feb 16
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹1.95 (up from ₹0.04 in 3Q 2021). Revenue: ₹277.4m (down 1.0% from 3Q 2021). Net income: ₹33.0m (up ₹32.3m from 3Q 2021). Profit margin: 12% (up from 0.3% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 06
Second quarter 2022 earnings released: EPS ₹0.85 (vs ₹1.15 loss in 2Q 2021) The company reported a solid second quarter result with improved earnings and profit margins, although revenues were flat. Second quarter 2022 results: Revenue: ₹311.4m (flat on 2Q 2021). Net income: ₹14.3m (up ₹33.9m from 2Q 2021). Profit margin: 4.6% (up from net loss in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Jul 02
Co-Founder recently sold ₹12m worth of stock On the 30th of June, Bhargav Marepally sold around 183k shares on-market at roughly ₹66.47 per share. This was the largest sale by an insider in the last 3 months. Despite the recent sale, Bhargav has been a buyer over the last 12 months, purchasing a net total of ₹14m worth of shares. Recent Insider Transactions • Jun 23
Co-Founder recently bought ₹6.8m worth of stock On the 16th of June, Bhargav Marepally bought around 102k shares on-market at roughly ₹67.00 per share. This was the largest purchase by an insider in the last 3 months. Bhargav has been a buyer over the last 12 months, purchasing a net total of ₹26m worth in shares. Reported Earnings • Jun 12
Full year 2021 earnings released: ₹2.17 loss per share (vs ₹3.58 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: ₹1.17b (down 16% from FY 2020). Net loss: ₹36.8m (down 161% from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 13
Third quarter 2021 earnings released: EPS ₹0.04 (vs ₹1.00 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹280.2m (down 19% from 3Q 2020). Net income: ₹706.1k (down 96% from 3Q 2020). Profit margin: 0.3% (down from 4.9% in 3Q 2020). The decrease in margin was driven by lower revenue. 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 7% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Jan 05
New 90-day high: ₹62.00 The company is up 60% from its price of ₹38.75 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 16
New 90-day high: ₹53.60 The company is up 58% from its price of ₹33.90 on 17 September 2020. The Indian market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 12% over the same period. Is New 90 Day High Low • Nov 27
New 90-day high: ₹43.25 The company is up 64% from its price of ₹26.35 on 28 August 2020. The Indian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 21% over the same period. Reported Earnings • Nov 18
Second quarter 2021 earnings released: ₹1.15 loss per share The company reported a poor second quarter result with weaker earnings, revenues and control over expenses. Second quarter 2021 results: Revenue: ₹309.3m (down 12% from 2Q 2020). Net loss: ₹19.5m (down 262% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Oct 06
New 90-day high: ₹33.95 The company is up 29% from its price of ₹26.35 on 08 July 2020. The Indian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 28% over the same period.