Reported Earnings • May 06
Full year 2026 earnings released: EPS: ₹8.96 (vs ₹9.24 in FY 2025) Full year 2026 results: EPS: ₹8.96. Revenue: ₹63.8b (up 9.0% from FY 2025). Net income: ₹1.11b (up 7.4% from FY 2025). Profit margin: 1.7% (in line with FY 2025). Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹499, the stock trades at a trailing P/E ratio of 61.2x. Average trailing P/E is 19x in the Trade Distributors industry in India. Total returns to shareholders of 1,828% over the past three years. Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹405, the stock trades at a trailing P/E ratio of 49.7x. Average trailing P/E is 22x in the Trade Distributors industry in India. Total returns to shareholders of 1,887% over the past three years. Reported Earnings • Jan 24
Third quarter 2026 earnings released: EPS: ₹0.85 (vs ₹2.50 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.85 (down from ₹2.50 in 3Q 2025). Revenue: ₹16.6b (up 24% from 3Q 2025). Net income: ₹107.4m (down 62% from 3Q 2025). Profit margin: 0.6% (down from 2.1% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has increased by 158% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Jan 16
SG Mart Limited to Report Q3, 2026 Results on Jan 23, 2026 SG Mart Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Jan 23, 2026 Reported Earnings • Nov 01
Second quarter 2026 earnings released: EPS: ₹2.11 (vs ₹1.42 in 2Q 2025) Second quarter 2026 results: EPS: ₹2.11 (up from ₹1.42 in 2Q 2025). Revenue: ₹17.2b (down 5.1% from 2Q 2025). Net income: ₹265.4m (up 66% from 2Q 2025). Profit margin: 1.5% (up from 0.9% in 2Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has increased by 133% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Oct 22
SG Mart Limited to Report Q2, 2026 Results on Oct 30, 2025 SG Mart Limited announced that they will report Q2, 2026 results on Oct 30, 2025 Duyuru • Aug 26
SG Mart Limited, Annual General Meeting, Sep 20, 2025 SG Mart Limited, Annual General Meeting, Sep 20, 2025, at 13:00 Indian Standard Time. Reported Earnings • Jul 26
First quarter 2026 earnings released: EPS: ₹2.74 (vs ₹2.36 in 1Q 2025) First quarter 2026 results: EPS: ₹2.74 (up from ₹2.36 in 1Q 2025). Revenue: ₹11.6b (up 1.7% from 1Q 2025). Net income: ₹323.1m (up 23% from 1Q 2025). Profit margin: 2.8% (up from 2.3% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has increased by 159% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Jul 25
SG Mart Limited Announces Resignation of Shri Shiv Kumar Bansal as Whole Time Director, Effective July 31, 2025 SG Mart Limited took note of the resignation of Shri Shiv Kumar Bansal as Whole Time Director of the Company, effective from July 31, 2025. The Board placed on record its appreciation and gratitude for the contributions made by Shri Shiv Kumar Bansal during his tenure as a member of the Board of Directors. Duyuru • Jul 17
SG Mart Limited to Report Q1, 2026 Results on Jul 25, 2025 SG Mart Limited announced that they will report Q1, 2026 results on Jul 25, 2025 Reported Earnings • May 17
Full year 2025 earnings released: EPS: ₹9.23 (vs ₹8.19 in FY 2024) Full year 2025 results: EPS: ₹9.23 (up from ₹8.19 in FY 2024). Revenue: ₹59.4b (up 121% from FY 2024). Net income: ₹1.03b (up 70% from FY 2024). Profit margin: 1.7% (down from 2.3% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has increased by 155% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • May 05
SG Mart Limited to Report Q4, 2025 Results on May 16, 2025 SG Mart Limited announced that they will report Q4, 2025 results on May 16, 2025 Valuation Update With 7 Day Price Move • Feb 25
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹344, the stock trades at a trailing P/E ratio of 37.2x. Average trailing P/E is 28x in the Renewable Energy industry in India. Total returns to shareholders of 1,352% over the past three years. Valuation Update With 7 Day Price Move • Jan 30
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹317, the stock trades at a trailing P/E ratio of 34.2x. Average trailing P/E is 27x in the Renewable Energy industry in India. Total returns to shareholders of 996% over the past three years. Reported Earnings • Jan 24
Third quarter 2025 earnings released: EPS: ₹2.50 (vs ₹1.88 in 3Q 2024) Third quarter 2025 results: EPS: ₹2.50 (up from ₹1.88 in 3Q 2024). Revenue: ₹13.5b (up 80% from 3Q 2024). Net income: ₹280.4m (up 63% from 3Q 2024). Profit margin: 2.1% (down from 2.3% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has increased by 128% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Jan 16
SG Mart Limited to Report Q3, 2025 Results on Jan 23, 2025 SG Mart Limited announced that they will report Q3, 2025 results at 12:15 PM, Indian Standard Time on Jan 23, 2025 Reported Earnings • Nov 12
Second quarter 2025 earnings released: EPS: ₹1.42 (vs ₹1.21 in 2Q 2024) Second quarter 2025 results: EPS: ₹1.42 (up from ₹1.21 in 2Q 2024). Revenue: ₹18.2b (up 259% from 2Q 2024). Net income: ₹159.5m (up 78% from 2Q 2024). Profit margin: 0.9% (down from 1.8% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 118% per year but the company’s share price has increased by 234% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Nov 05
SG Mart Limited to Report Q2, 2025 Results on Nov 11, 2024 SG Mart Limited announced that they will report Q2, 2025 results on Nov 11, 2024 Duyuru • Sep 10
SG Mart Limited, Annual General Meeting, Sep 28, 2024 SG Mart Limited, Annual General Meeting, Sep 28, 2024, at 11:30 Indian Standard Time. Reported Earnings • Aug 10
First quarter 2025 earnings released: EPS: ₹2.36 (vs ₹0.64 in 1Q 2024) First quarter 2025 results: EPS: ₹2.36 (up from ₹0.64 in 1Q 2024). Revenue: ₹11.6b (up ₹10.1b from 1Q 2024). Net income: ₹262.7m (up ₹249.9m from 1Q 2024). Profit margin: 2.3% (up from 0.8% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 128% per year but the company’s share price has increased by 264% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Aug 09
SG Mart Limited Announces Resignation of Meenakshi Gupta as Non-Executive SG Mart Limited announced resignation of Mrs. Meenakshi Gupta, Non-Executive Director, with effect from August 9, 2024, due to personal reasons. Duyuru • Aug 02
SG Mart Limited to Report Q1, 2025 Results on Aug 09, 2024 SG Mart Limited announced that they will report Q1, 2025 results on Aug 09, 2024 Reported Earnings • Apr 18
Full year 2024 earnings released: EPS: ₹8.19 (vs ₹0.099 in FY 2023) Full year 2024 results: EPS: ₹8.19 (up from ₹0.099 in FY 2023). Revenue: ₹27.1b (up ₹27.1b from FY 2023). Net income: ₹609.4m (up ₹607.4m from FY 2023). Profit margin: 2.2% (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 133% per year but the company’s share price has increased by 325% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Apr 10
SG Mart Limited to Report Q4, 2023 Results on Apr 16, 2024 SG Mart Limited announced that they will report Q4, 2023 results on Apr 16, 2024 Duyuru • Jan 29
Sg Mart Limited Announces Resignation of Sanjay Kumar as Chief Financial Officer, Effective February 28, 2024 SG Mart Limited informed that Mr. Sanjay Kumar has tendered his notice of resignation from the post of Chief Financial Officer of the Company with effect from the closing hours of February 28, 2024 due to personal reasons and other commitments. Duyuru • Jan 02
SG Mart Limited to Report Q3, 2024 Results on Jan 08, 2024 SG Mart Limited announced that they will report Q3, 2024 results on Jan 08, 2024 Duyuru • Nov 29
SG Mart Limited announced that it has received INR 78.78875 billion in funding from a group of investors On November 28, 2023, SG Mart Limited closed the transaction. The transaction has been approved by the shareholders of the company. Board Change • Nov 01
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. No experienced directors. No highly experienced directors. Additional Independent Non-Executive Director Prakash Singh is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Duyuru • Oct 06
Kintech Renewables Limited to Report Q2, 2024 Results on Oct 12, 2023 Kintech Renewables Limited announced that they will report Q2, 2024 results on Oct 12, 2023 Duyuru • Sep 25
Kintech Renewables Limited Approves Chief Financial Officer Changes The Board of Directors of the Kintech Renewables Limited, at its meeting held on September 23, 2023 approved the appointment of Mr. Sanjay Kumar as the Chief Financial Officer of the Company, with effect from September 23, 2023. The company approved the resignation of Ms. Somya Gupta, Chief Financial Officer, with effect from September 23, 2023, due to personal reasons. Mr. Sanjay Kumar has worked with leading Power and Steel business companies in various leadership roles with total experience of around 24 years spanning across Corporate Financing with extensive insight ofvarious functions including, Treasury Management, Fund Planning, MIS Reporting, Budgeting and Cost Control, Financial Analysis, Taxation. He has had stints with Jindal Steel & Power Limited, Jindal Power Limited etc. wherein he was in Finance and Accounts verticals like Taxation, Budgeting and Costing & Analysis thereof. Mr. Sanjay Kumar acquired Chartered Accountant's qualification in the year 1999. Duyuru • Sep 08
Kintech Renewables Limited, Annual General Meeting, Sep 30, 2023 Kintech Renewables Limited, Annual General Meeting, Sep 30, 2023, at 13:00 Indian Standard Time. Agenda: To consider and approve the financial statements of the Company for the Financial year ended March 31, 2023, together with the Reports of Directors and Auditors thereon; to consider Re-Appointment of Director in place of Ms. Khushboo Singhal retiring by rotation; and to consider and approve change of name of the Company and consequential amendment to Memorandum and Articles of Association of the Company. New Risk • Jul 13
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 300% 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 (300% increase in shares outstanding). Minor Risk Profit margins are more than 30% lower than last year (0.8% net profit margin). Reported Earnings • Jul 11
First quarter 2024 earnings released: EPS: ₹12.77 (vs ₹2.21 in 1Q 2023) First quarter 2024 results: EPS: ₹12.77 (up from ₹2.21 in 1Q 2023). Revenue: ₹1.51b (up ₹1.51b from 1Q 2023). Net income: ₹12.8m (up 478% from 1Q 2023). Profit margin: 0.8% (down from 70% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 175% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Jul 06
Kintech Renewables Limited to Report Q1, 2024 Results on Jul 10, 2023 Kintech Renewables Limited announced that they will report Q1, 2024 results on Jul 10, 2023 Board Change • May 02
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. No experienced directors. No highly experienced directors. Non-Executive Director Khushboo Singhal is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 18
Full year 2023 earnings released: EPS: ₹1.97 (vs ₹3.01 in FY 2022) Full year 2023 results: EPS: ₹1.97 (down from ₹3.01 in FY 2022). Revenue: ₹25.8m (up ₹25.5m from FY 2022). Net income: ₹1.97m (down 35% from FY 2022). Profit margin: 7.6% (down from 804% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 90% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹447, the stock trades at a trailing P/E ratio of 79.2x. Average trailing P/E is 11x in the Renewable Energy industry in India. Total returns to shareholders of 317% over the past three years. Duyuru • Feb 06
Kintech Renewables Limited to Report Q3, 2023 Results on Feb 13, 2023 Kintech Renewables Limited announced that they will report Q3, 2023 results at 3:30 PM, Indian Standard Time on Feb 13, 2023 Valuation Update With 7 Day Price Move • Dec 06
Investor sentiment deteriorated over the past week After last week's 21% share price decline to ₹407, the stock trades at a trailing P/E ratio of 72.1x. Average trailing P/E is 15x in the Renewable Energy industry in India. Total returns to shareholders of 288% over the past three years. 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. No experienced directors. No highly experienced directors. Chairman & MD Khushboo Singhal is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Duyuru • Nov 05
Kintech Renewables Limited to Report Q2, 2023 Results on Nov 12, 2022 Kintech Renewables Limited announced that they will report Q2, 2023 results on Nov 12, 2022 Duyuru • Sep 08
Kintech Renewables Limited, Annual General Meeting, Sep 29, 2022 Kintech Renewables Limited, Annual General Meeting, Sep 29, 2022, at 11:00 Indian Standard Time. Reported Earnings • Aug 21
First quarter 2023 earnings released: EPS: ₹2.21 (vs ₹0.35 in 1Q 2022) First quarter 2023 results: EPS: ₹2.21 (up from ₹0.35 in 1Q 2022). Net income: ₹2.21m (up ₹1.87m from 1Q 2022). Duyuru • Aug 07
Kintech Renewables Limited to Report Q1, 2023 Results on Aug 13, 2022 Kintech Renewables Limited announced that they will report Q1, 2023 results on Aug 13, 2022 Board Change • Jun 02
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 of the Board Jigar Shah is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Duyuru • May 27
Kintech Renewables Limited Appoints Arihant Copra as an Additional Director Kintech Renewables Limited announced that the Board of Directors of the Company vide passing a resolution by circulation on May 26, 2022, appointed Mr. Arihant Copra as an Additional Director of the Company and subject to the approval of members of the Company, designated as the Independent director with immediate effect for a period of 3 years. Duyuru • May 20
Kintech Renewables Limited to Report Q4, 2022 Results on May 27, 2022 Kintech Renewables Limited announced that they will report Q4, 2022 results on May 27, 2022 Duyuru • Apr 03
Kintech Renewables Limited Announces Resignation of Manoj Kumar Jain as Independent Director Kintech Renewables Limited announced that Mr. Manoj Kumar Jain Independent Director of the Company has resigned with effect from March 31, 2022 due to proposed shifting of Registered Office of the Company form Ahmedabad to New Delhi as after shifting of Registered Office he will not able to devote his time and resources effectively. There are no other material reasons for his resignation other than those which have been provided in the resignation letter. Board Change • Nov 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. 5 experienced directors. No highly experienced directors. Independent Director Hemant Parikh was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 28
Second quarter 2022 earnings released: EPS ₹0.32 (vs ₹0.92 in 2Q 2021) The company reported a decent second quarter result with improved revenues, although earnings and profit margins were weaker. Second quarter 2022 results: Revenue: ₹848.0k (up 121% from 2Q 2021). Net income: ₹317.0k (down 66% from 2Q 2021). Profit margin: 37% (down from 240% in 2Q 2021). The decrease in margin was primarily driven by lower expenses. Valuation Update With 7 Day Price Move • Oct 20
Investor sentiment deteriorated over the past week After last week's 19% share price decline to ₹243, the stock trades at a trailing P/E ratio of 78.6x. Average trailing P/E is 19x in the Renewable Energy industry in India. Total returns to shareholders of 123% over the past three years. Board Change • Oct 02
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. 5 experienced directors. No highly experienced directors. Independent Director Hemant Parikh was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Sep 13
Upcoming dividend of ₹1.00 per share Eligible shareholders must have bought the stock before 20 September 2021. Payment date: 28 October 2021. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (4.4%). Valuation Update With 7 Day Price Move • Aug 28
Investor sentiment improved over the past week After last week's 28% share price gain to ₹197, the stock trades at a trailing P/E ratio of 63.5x. Average trailing P/E is 10x in the Renewable Energy industry in India. Total returns to shareholders of 91% over the past three years. Duyuru • Aug 21
Gaurank Singhal and Aditya Singhal entered into share purchase agreement to acquire 74.8% stake in Kintech Renewables Limited (BSE:512329) from Jigar Jaswantlal Shah and Ambalal Chimanlal Patel for INR 89.8 million. Gaurank Singhal and Aditya Singhal entered into share purchase agreement to acquire 74.8% stake in Kintech Renewables Limited (BSE:512329) from Jigar Jaswantlal Shah and Ambalal Chimanlal Patel for INR 89.8 million on August 19, 2021. As a part of the transaction, 0.748 million shares were acquired for INR 120 per share. In a related transaction, Gaurank Singhal and Aditya Singhal launched an offer to acquire 25.02% stake in Kintech Renewables Limited for INR 30.23 million, the offer triggered the agreement. As a part of the transaction, Gaurank Singhal and Aditya Singhal will individually acquire 0.37 million shares representing 37.4% stake in Kintech Renewables. The Acquirers have adequate resources and have made firm financial arrangements for financing the acquisition of the Equity Shares under the Offer. Reported Earnings • Aug 18
First quarter 2022 earnings released: EPS ₹0.35 (vs ₹0.60 in 1Q 2021) The company reported a soft first quarter result with weaker earnings and revenues, although profit margins were improved. First quarter 2022 results: Revenue: ₹1.18m (down 59% from 1Q 2021). Net income: ₹349.0k (down 42% from 1Q 2021). Profit margin: 30% (up from 21% in 1Q 2021). The increase in margin was driven by lower expenses. Valuation Update With 7 Day Price Move • Aug 13
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹156, the stock trades at a trailing P/E ratio of 51.7x. Average trailing P/E is 14x in the Renewable Energy industry in India. Total returns to shareholders of 51% over the past three years. Valuation Update With 7 Day Price Move • Jun 30
Investor sentiment improved over the past week After last week's 15% share price gain to ₹138, the stock trades at a trailing P/E ratio of 45.6x. Average trailing P/E is 14x in the Renewable Energy industry in India. Total returns to shareholders of 36% over the past three years. Is New 90 Day High Low • Feb 11
New 90-day high: ₹98.95 The company is up 1.0% from its price of ₹98.00 on 13 November 2020. The Indian market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 15% over the same period. Duyuru • Feb 03
Kintech Renewables Limited to Report Q3, 2021 Results on Feb 09, 2021 Kintech Renewables Limited announced that they will report Q3, 2021 results on Feb 09, 2021 Duyuru • Nov 04
Kintech Renewables Limited to Report Q2, 2021 Results on Nov 10, 2020 Kintech Renewables Limited announced that they will report Q2, 2021 results on Nov 10, 2020 Duyuru • Jun 20
Kintech Renewables Limited to Report Q4, 2020 Results on Jun 25, 2020 Kintech Renewables Limited announced that they will report Q4, 2020 results on Jun 25, 2020 