Valuation Update With 7 Day Price Move • Apr 24
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹36.50, the stock trades at a trailing P/E ratio of 22.1x. Average trailing P/E is 27x in the Tech industry in India. Total loss to shareholders of 21% over the past year. Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹27.05, the stock trades at a trailing P/E ratio of 16.4x. Average trailing P/E is 21x in the Tech industry in India. Total loss to shareholders of 51% over the past year. Duyuru • Oct 29
Cellecor Gadgets Limited to Report First Half, 2026 Results on Nov 05, 2025 Cellecor Gadgets Limited announced that they will report first half, 2026 results on Nov 05, 2025 Duyuru • Sep 05
Cellecor Gadgets Limited, Annual General Meeting, Sep 29, 2025 Cellecor Gadgets Limited, Annual General Meeting, Sep 29, 2025, at 13:00 Indian Standard Time. Board Change • Sep 01
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Non-Executive Independent Director Vineeta Gautam 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. New Risk • May 27
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹8.43b (US$98.7m) This is considered a minor 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (9.9% average weekly change). High level of non-cash earnings (74% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Market cap is less than US$100m (₹8.43b market cap, or US$98.7m). New Risk • May 04
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (10% average weekly change). High level of non-cash earnings (74% accrual ratio). Minor Risk Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Valuation Update With 7 Day Price Move • Apr 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹67.20, the stock trades at a trailing P/E ratio of 59.5x. Average trailing P/E is 53x in the Tech industry in India. Total returns to shareholders of 192% over the past year. New Risk • Feb 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 7.8% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (74% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (7.8% average weekly change). Duyuru • Jan 25
Cellecor Gadgets Limited Announces the Launch of Its Latest Range of Commercial Coolers, Fans, and Water Dispensers Cellecor Gadgets Limited announced the launch of its latest range of commercial coolers, fans, and water dispensers. Scheduled to roll out in February and March, this innovative lineup is designed to cater to the needs of businesses and households ahead of the upcoming summer season. The introduction of these products aligns with Cellecor's mission to provide innovative and customer-centric solutions tailored to the Indian market. The commercial coolers are designed for large spaces, offering high-capacity water tanks and robust cooling performance. The fans feature advanced aerodynamics, energy efficiency, and sleek designs to cater to diverse consumer preferences. Additionally, the water dispensers combine convenience and hygiene, offering hot, cold, and normal water options to suit varied requirements. The market potential for these categories underscores the significance of Cellecor's expansion. The Indian water cooler market, valued at approximately USD 160 million in 2025, is anticipated to grow at a CAGR of 7.63% through 2030. Furthermore, the Indian air cooler market is projected to reach USD 1.99 billion by 2025, expanding at a CAGR of 11%, highlighting the immense growth potential in this segment. Cellecor's entry into these fast-growing markets reflects its vision of becoming a household name in India by delivering reliable, high-quality, and technologically advanced products. With a strong distribution network comprising 1,500+ distributors and 50,000+ retail touchpoints, coupled with a commitment to the 'Make in India' initiative, Cellecor ensures its products are accessible to consumers across the nation. This strategic diversification positions Cellecor to strengthen its leadership in the consumer electronics space while providing innovative solutions that enhance everyday living. The products will be available through Cellecor's extensive offline and online channels nationwide. Valuation Update With 7 Day Price Move • Jan 07
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹77.65, the stock trades at a trailing P/E ratio of 68.7x. Average trailing P/E is 76x in the Tech industry in India. Total returns to shareholders of 160% over the past year. Duyuru • Nov 27
Cellecor Gadgets Limited Set to Elevate Sound Experiences with Upcoming Audio Collection in January 2025 Cellecor Gadgets Limited announced the launch of its highly anticipated sound systems series this January. Designed to cater to diverse audio preferences, this collection combines state-of-the-art technology, exceptional sound quality, and premium designs to redefine every audio experience. Building on the overwhelming success of its Bluetooth speakers, Cellecor expands its lineup with five versatile wireless speakers--Party Box, Beat Box, Storm, Boom, and Thunder--and two premium soundbars--Ultra Bar and Tune Bar. Each product in the series is thoughtfully crafted to elevate celebrations, enhance daily listening, and deliver the perfect sound solution for every occasion. The Party Box and Beat Box, large-format speakers, are perfect for gatherings and karaoke nights, featuring multi-mode LED lighting, eco adjusters for customizable sound, and professional karaoke modes. The compact yet powerful Storm, Boom, and Thunder speakers bring versatility to everyday use. Storm and Boom deliver ultra-bass sound, extended battery life, and up to 10 LED light modes, while Thunder offers a portable form factor with an LED display and thunderous sound quality. For home audio enthusiasts, the Ultra Bar and Tune Bar are designed to transform entertainment experiences. These soundbars feature deep, rich bass, LED displays, and remote-control functionality, seamlessly integrating with smart TVs for an enhanced cinematic experience. This new lineup solidifies Cellecor's position as a trusted brand in the audio market by delivering products that resonate with consumer needs. From professional karaoke enthusiasts to home theatre aficionados, these innovative sound systems provide unparalleled performance, functionality, and style. By blending advanced features with the needs of Indian households, Cellecor continues its journey to becoming a household name across the country. Cellecor's new sound systems will be available starting January 2025, promising to transform how one can experience sound--whether at a lively celebration, during casual listening, or while enhancing their home entertainment setup. Board Change • Nov 19
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Non-Executive Independent Director Vineeta Gautam 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. Valuation Update With 7 Day Price Move • Nov 04
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹63.80, the stock trades at a trailing P/E ratio of 56.5x. Average trailing P/E is 57x in the Tech industry in India. Total returns to shareholders of 198% over the past year. Reported Earnings • Oct 19
First half 2025 earnings released: EPS: ₹0.70 (vs ₹0.45 in 1H 2024) First half 2025 results: EPS: ₹0.70 (up from ₹0.45 in 1H 2024). Revenue: ₹4.26b (up 103% from 1H 2024). Net income: ₹146.2m (up 108% from 1H 2024). Profit margin: 3.4% (up from 3.3% in 1H 2024). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Oct 04
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹54.55, the stock trades at a trailing P/E ratio of 71.1x. Average trailing P/E is 75x in the Tech industry in India. Total returns to shareholders of 343% over the past year. New Risk • Sep 13
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 9.5% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (9.5% average weekly change). High level of non-cash earnings (122% accrual ratio). Duyuru • Sep 12
Cellecor Gadgets Limited Unveils Premium Range of Smart TVs for Metro Cities Cellecor Gadgets Limited announced the upcoming launch of its premium range of smart TVs, set to redefine luxury home entertainment. Aiming to appeal to the refined tastes of customers in Tier 1 metro cities, these new models, which are scheduled for sale in sizes 75", 86", and 98", mark Cellecor's calculated foray into the high-end market. The decision to launch these premium smart TVs stems from the overwhelming demand following the success of Cellecor's models in tier 2 and tier 3 cities. In a time when viewing TV isn't the only way to pass the time, Cellecor's latest high-end smart TVs provide an unmatched fusion of innovative technology and sophisticated style. Every model is designed to provide an immersive sound experience and incredibly sharp 4K pictures in living room. Cellecor Gadgets Limited is in a strategic alliance with renowned retail giants, which will allow it to win over the hearts and minds of every customer. The company is ensuring that tech-savvy consumers in key metro areas can easily access these high-end smart TVs by working with well-known large-format retail (LFR) partners. It is evident that Cellecor Gadgets Limited are not merely entering the high-end market, but revolutionizing it as it prepares to launch its line of premium smart TVs. Through the integration of cutting-edge technology with sophisticated design and the utilization of tactical retail alliances, Cellecor is poised to provide an unmatched experience in home entertainment. The company is not only satisfying the increasing consumer demand for larger, more immersive viewing options with these new models, but it is also raising the bar for luxury and innovation in consumer electronics. Get ready to take home entertainment to unprecedented new levels with the latest products from Cellecor. Valuation Update With 7 Day Price Move • Sep 04
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹41.50, the stock trades at a trailing P/E ratio of 54.1x. Average trailing P/E is 21x in the Tech industry in Asia. Duyuru • Sep 03
Cellecor Gadgets Limited, Annual General Meeting, Sep 28, 2024 Cellecor Gadgets Limited, Annual General Meeting, Sep 28, 2024. New Risk • Aug 08
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹641.5m (US$7.64m) 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (122% accrual ratio). Market cap is less than US$10m (₹641.5m market cap, or US$7.64m). Valuation Update With 7 Day Price Move • Jun 19
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹282, the stock trades at a trailing P/E ratio of 36.8x. Average trailing P/E is 51x in the Tech industry in India. New Risk • May 17
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). Share price has been highly volatile over the past 3 months (11% average weekly change). High level of non-cash earnings (122% accrual ratio). Minor Risk Market cap is less than US$100m (₹5.26b market cap, or US$63.0m). New Risk • May 12
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 Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Market cap is less than US$100m (₹5.69b market cap, or US$68.1m). Valuation Update With 7 Day Price Move • Mar 25
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹211, the stock trades at a trailing P/E ratio of 38.1x. Average trailing P/E is 127x in the Tech industry in India. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹240, the stock trades at a trailing P/E ratio of 43.3x. Average trailing P/E is 135x in the Tech industry in India. Duyuru • Feb 28
Cellecor Gadgets Limited Appoints Patterson Thomas as Company Secretary and Compliance Officer, Effective March 1, 2024 Cellecor Gadgets Limited announced that at its meeting of the Board of Directors held on 28th February, 2024, considered and approved appointment, in order to strengthen the professionalism across the organization, on the recommendation of the Nomination and Remuneration Committee of the Company, Mr. Patterson Thomas (Membership No. ACS 50598) as the Company Secretary and Compliance Officer of the Company with effect from March 1, 2024. Mr. Patterson Thomas shall also be the Key Managerial Personnel of the Company within the meaning of Section 203 of the Companies Act, 2013. Mr. Patterson Thomas is a member of the Institute of Company Secretaries of India and a Graduate. He has over 6 years of experience in dealing with Secretarial Compliances of Companies. Valuation Update With 7 Day Price Move • Dec 27
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹304, the stock trades at a trailing P/E ratio of 54.8x. Average trailing P/E is 107x in the Tech industry in India. Valuation Update With 7 Day Price Move • Dec 07
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹261, the stock trades at a trailing P/E ratio of 47x. Average trailing P/E is 104x in the Tech industry in India. Valuation Update With 7 Day Price Move • Oct 30
Investor sentiment improves as stock rises 49% After last week's 49% share price gain to ₹255, the stock trades at a trailing P/E ratio of 67.1x. Average trailing P/E is 91x in the Tech industry in India. Board Change • Sep 28
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Whole-Time director Nikhil Aggarwal is the most experienced director on the board, commencing their role in 2020. Non-Executive Independent Director Vivek Mishra was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.