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ADVANCED ENZYME TECHNO LTD (ADVENZYMES)

Consumer Non-Durables · Food: Specialty/Candy · figures to Nov '26

Quality scoreHow the business itself ranks against its sector peers on profitability, 3-year growth and leverage. 50 is the middle of the sector.80 / 100
Profitability 74Growth 67Balance sheet 100
Momentum scoreHow strong the recent trend is: 3-month price change, 12-month improvement in earnings and the rise in FII + DII holding, among companies above ₹500 cr.47 / 100
Price 55Earnings 51FII/DII 37
Compare withBRITANNIA INDUSTRIESTATA CONSUMER PRODUCTSCCL PRODUCTS INDIA

Share price

Closing priceAdjusted for splits and bonus issues.

₹282.1 latest close · −11.2% over the last 90 sessions

₹250₹300Jul 3Jul 29Aug 24Sep 17Oct 14Nov 9 ₹250₹300Jul 3Sep 4Nov 9

₹282.1 month-end · −9.5% over 12 months

₹250₹300₹350Nov '25Jan '26Apr '26Jun '26Sep '26Nov '26 ₹250₹300₹350Nov '25May '26Nov '26

₹282.1 month-end · −14.6% over 3 years

₹300₹400₹500Nov '23Jun '24Jan '25Sep '25Apr '26Nov '26 ₹300₹400₹500Nov '23May '25Nov '26

₹282.1 month-end · +69.4% since Jan '19

₹200₹400Jan '19Aug '20Mar '22Sep '23Apr '25Nov '26 ₹200₹400Jan '19Dec '22Nov '26

52-week range ₹246.80 to ₹419.00 · 1-year volatility 38.3%

Was the rally earned?

-10%share price, 1 yearLower P/E held it back

Earnings helped, the multiple did not.

  • Per-share earnings added 18 points, but investors now pay less per rupee of profit (P/E 25.4x to 19.0x), which took 28 points back.
  • The share count rose 3%.
Net profit growth: +21 pts. Points of the price return explained by net profit growing (or shrinking).+21 ptsNet profit growthP/E change: −28 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−28 ptsP/E changeShare count change: −3 pts. Points of the price return explained by the share count changing. More shares count against the price.−3 ptsShare count changeShare price: −9%−9%Share priceNet profit growth: +21 pts. Points of the price return explained by net profit growing (or shrinking).+21ProfitP/E change: −28 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−28P/EShare count change: −3 pts. Points of the price return explained by the share count changing. More shares count against the price.−3SharesShare price: −9%−9%Share price
Net profit growth+21 ptsNet profit rose about 24%, which lifts the price.
P/E change-28 ptsThe P/E fell from 25.4x to 19.0x, which lowers the price.
Share count change-3 ptsShare count rose 3%, which lowers the price.
-15%share price, 3 yearsLower P/E held it back

Earnings helped, the multiple did not.

  • Per-share earnings added 42 points, but investors now pay less per rupee of profit (P/E 34.9x to 19.0x), which took 56 points back.
  • The share count rose 6%.
Net profit growth: +47 pts. Points of the price return explained by net profit growing (or shrinking).+47 ptsNet profit growthP/E change: −56 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−56 ptsP/E changeShare count change: −5 pts. Points of the price return explained by the share count changing. More shares count against the price.−5 ptsShare count changeShare price: −15%−15%Share priceNet profit growth: +47 pts. Points of the price return explained by net profit growing (or shrinking).+47ProfitP/E change: −56 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−56P/EShare count change: −5 pts. Points of the price return explained by the share count changing. More shares count against the price.−5SharesShare price: −15%−15%Share price
Net profit growth+47 ptsNet profit rose about 66%, which lifts the price.
P/E change-56 ptsThe P/E fell from 34.9x to 19.0x, which lowers the price.
Share count change-5 ptsShare count rose 6%, which lowers the price.
-14%share price, 5 yearsLower P/E held it back

Earnings helped, the multiple did not.

  • Per-share earnings added 12 points, but investors now pay less per rupee of profit (P/E 25.0x to 19.0x), which took 25 points back.
  • The share count barely moved.
Net profit growth: +13 pts. Points of the price return explained by net profit growing (or shrinking).+13 ptsNet profit growthP/E change: −25 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−25 ptsP/E changeShare count change: −1 pts. Points of the price return explained by the share count changing. More shares count against the price.−1 ptsShare count changeShare price: −14%−14%Share priceNet profit growth: +13 pts. Points of the price return explained by net profit growing (or shrinking).+13ProfitP/E change: −25 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−25P/EShare count change: −1 pts. Points of the price return explained by the share count changing. More shares count against the price.−1SharesShare price: −14%−14%Share price
Net profit growth+13 ptsNet profit rose about 15%, which lifts the price.
P/E change-25 ptsThe P/E fell from 25.0x to 19.0x, which lowers the price.
Share count change-1 ptsShare count was little changed. More shares would count against the price.
What do "pts" mean?

"pts" are percentage points of the share price return. The parts add up to the total shown for each period. Because price = P/E × net profit ÷ share count, higher profit pushes the price up, a higher P/E pushes it up, and more shares push it down.

Example: if the price rose 34% and profit growth accounts for +58 pts while a lower P/E accounts for -24 pts, then 58 - 24 = 34. The +58 is not the profit growth rate itself: it is the part of the price move that profit growth explains.

Net profit is trailing twelve months as reported with a 60-day lag.

Compare this with BRITANNIA INDUSTRIES

How rough has the ride been?

Maximum drawdown-55.3%recovered 2020-08
1-year volatility38.3%annualised
Beta vs sector index0.833-year daily, correlation 0.29
Volume spikes2last 90 sessions, 5x the 50-day median

Drawdown from peak

0%−20%−40%2020202120222023202420252026−54.8% 0%−20%−40%2020202220242026−54.8%
Largest drawdowns

-55.3% (2019-06 peak to 2020-03 low, recovered 2020-08)

-54.8% (2024-09 peak to 2026-10 low, not yet recovered)

-52.9% (2021-05 peak to 2023-03 low, recovered 2024-09)

Most recent volume spikes

2026-08-10: 6.5x the 50-day median, price -9.2% that day

2026-08-03: 11.3x the 50-day median, price +2.7% that day

Beta is the slope of daily returns against a market-cap-weighted index of the sector's other listed companies, built from today's constituents (so it excludes companies no longer listed).

Is it expensive against its own past and its peers?

19.0xP/E todayWithin its usual range
Against its own history21st percentile
CheapestMedian 25.7xDearest

Usual range 16.6x to 36.1x since 2019-01.

Against Consumer Non-Durables19.0x vs 26.8x
This company
19.0x
Sector median
26.8x

29% below the Consumer Non-Durables median.

14.2x25.9x37.7x49.5xJan '19Aug '20Mar '22Oct '23May '25Nov '2614.2x25.9x37.7x49.5xJan '19Sep '21May '24Nov '26
P/E (this company)10th to 90th percentile of its own historyIts medianConsumer Non-Durables median

The chart loads when you open this tab.

P/B (this company)10th to 90th percentile of its own historyIts medianConsumer Non-Durables median

The chart loads when you open this tab.

P/S (this company)10th to 90th percentile of its own historyIts medianConsumer Non-Durables median
How to read this

Shaded band: 10th to 90th percentile of the company's own P/E history; dotted line: its median; orange line: sector median (companies with a positive multiple, at least 5 in the sector).

Sector figures are built from today's listed companies, so they exclude companies that are no longer listed.

All terms explained in the glossary →

How Consumer Non-Durables is valued

Where does it rank among Consumer Non-Durables peers?

Each cell is the company's percentile rank among its Consumer Non-Durables peers (non-financial companies) that month.
Darker is better-ranked.
Rows marked ↓ are inverted (lower debt, shorter cash cycle and a lower P/E rank higher).

Where it ranks today

  • ROCE54th▲ 6 pts vs a year ago
  • Op. margin94thflat vs a year ago
  • Revenue growth61st▲ 22 pts vs a year ago
  • EPS growth60th▲ 25 pts vs a year ago
  • Debt/equity ↓90thflat vs a year ago
  • Cash cycle ↓11th▲ 5 pts vs a year ago
  • P/E ↓67thflat vs a year ago
  • 12M momentum56th▲ 12 pts vs a year ago

Rank history

ROCE
Op. margin
Revenue growth
EPS growth
Debt/equity ↓
Cash cycle ↓
P/E ↓
12M momentum
Dec '21Jul '22Jan '23Jul '23Jan '24Jul '24Jan '25Jul '25Jan '26Jul '26Nov '26
Lower rank Higher rank Not enough data

Percentiles use today's listed companies in the sector and need at least 5 peers with a value; grey cells have too few.
ROE is computed from net profit and book value where the source does not report it.

The Consumer Non-Durables sector page Watch it move against Consumer Non-Durables in the Observatory

What is the price implying?

~15%annual earnings growth implied by the priceAbove delivered growth

At normalised P/E (five-year average earnings) of 24.3x, a holder earning 12%/yr needs earnings to grow about 15.3%/yr for 10 years, then trade at 15x.

Delivered5.6%/yrEPS, last 10 fiscal years · 3-yr avg to 3-yr avg
Gap+9.7 ptsimplied minus delivered
Rank336thmost demanding of 856

Over time

Implied growth by month (solid) and delivered growth (dashed).

0%12%24% Jan 2019Nov 2026 0%12%24% Jan 2019Nov 2026

Change the assumptions

Exit P/E / return11%12%13%
12x16.6%17.6%18.7%
15x14.3%15.3%16.3%
20x11.4%12.4%13.4%

Drag a slider to test other assumptions

Implied: 15.3%/yr

Looking back

  • Jan 2020Price implied 13%/yr; EPS has since grown 6%/yr (7.0 yrs)
  • Jan 2021Price implied 19%/yr; EPS has since grown 5%/yr (6.0 yrs)
  • Jan 2022Price implied 17%/yr; EPS has since grown 3%/yr (5.0 yrs)

Past comparisons cover only companies listed today (survivorship bias) and say nothing about future outcomes.

“Implied growth” is what the current price would require under our stated assumptions, not what we expect. How this is calculated and the market-wide lists.

What prices imply across Consumer Non-Durables The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov
₹282.10
P/E
19.0x
ROCE
14.0%
Market Cap
₹3153 cr
Revenue (TTM)
₹752 cr
P/S
4.2x
P/B
1.9x
ROE
10.2%
Operating Margin
28.0%
Debt / Equity
0.0x
Promoter Holding
43.3%
12M Momentum
-9.5%

52-week range

₹246.80₹419.00
21% of the way from its 52-week low to its high

Price risk

1Y volatility
38.3%
Beta vs sector
1-year daily
0.72

Balance sheet & cash

Interest cover
operating profit ÷ interest
58.3x
Cash from profit, 3Y
operating cash flow ÷ net profit
0.99x
Share count, 1Y
unchanged

Are profits backed by cash?

5 of 7checks within range2 near a threshold
Other income reliance21%Near threshold

Other income as a share of pre-tax profit (trailing twelve months): 20.7%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate26%Within range

Median quarterly effective tax rate over about 2.5 years: 26.0%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion0.99xWithin range

Operating cash flow divided by net profit over the last three fiscal years: 0.99x (cash from operations ₹440 cr, net profit ₹445 cr). Bands: 0.8x and above, 0.5x to 0.8x, below 0.5x.

Free cash flow5 of 5 yrsWithin range

Fiscal years with positive free cash flow in the last 5: 5. Bands: at least 80% of years, 40% to 80%, below 40%.

Receivable days vs history+5 daysWithin range

Debtor days are above the median of the previous three fiscal years by 5 days (71 vs 66). Bands: under 15 days, 15 to 45, over 45.

Capital work in progress7% of fixed assetsWithin range

Capital work-in-progress is 7% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.

Payable days+36 days / 2 yrsNear threshold

Days payable changed by +36 over two years. Bands: rise of up to 30 days; more than 30 days.

Tap a check to see how it is measured

How to read this

Each check is a named rule with fixed thresholds, not a score. Annual statements are the latest restated figures, so a past year may differ from what was originally reported.

All terms explained in the glossary →

Who has been buying and selling?

  • Over 3 years, FIIs added 4.4 pts; promoters trimmed 2.7 pts; DIIs trimmed 1.7 pts.
  • The number of shareholders fell from 72,642 to 63,599 (-12%) between Sep 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupSep '23Jun '26Change
Promoters45.9%43.3%-2.7 pts
FIIs22.3%26.7%+4.4 pts
DIIs6.5%4.8%-1.7 pts
Public and others25.3%25.3%-0.1 pts

Number of shareholders

63,599shareholders-12% since Sep '23
64k67k70k73k Sep '23Jun '24Mar '25Dec '25Jun '26
Sep '23: 72,642
Dec '23: 73,034
Mar '24: 68,640
Jun '24: 65,222
Sep '24: 66,758
Dec '24: 67,351
Mar '25: 65,322
Jun '25: 67,589
Sep '25: 69,637
Dec '25: 68,051
Mar '26: 66,193
Jun '26: 63,599
 64k67k70k73k Sep '23Sep '24Sep '25Jun '26
Sep '23: 72,642
Dec '23: 73,034
Mar '24: 68,640
Jun '24: 65,222
Sep '24: 66,758
Dec '24: 67,351
Mar '25: 65,322
Jun '25: 67,589
Sep '25: 69,637
Dec '25: 68,051
Mar '26: 66,193
Jun '26: 63,599

Quarterly shareholding as reported, labelled by the quarter it covers (it becomes visible about two months later).
Shareholder counts are only available for recent quarters.

This quarter's smart-money board

What happened next to similar setups

+2.4%typical 12-month return vs the marketNot meaningfully different from the base rate
  • We found 50 past situations where a non-financial company looked like ADVANCED ENZYME TECHNO LTD today on valuation, return on capital, margins, debt, growth, price momentum, size and volatility.
  • Over the following 12 months the middle half of them returned −18% to +37% vs the market, against −3% for all non-financial companies in the same months.
  • The gap against the base rate (+4.9%, 80% range −3.8% to +11.2%) is within what chance and overlapping periods produce.

Where the 50 outcomes landed

−50%0%+50%+100%
BHARATRAS · Sep 2025: −59.6% vs market
EXCELINDUS · Mar 2022: −38.9% vs market
BHAGERIA · Jul 2021: −38.3% vs market
INDNIPPON · Aug 2020: −34.8% vs market
CONTROLPR · Apr 2024: −33.6% vs market
WONDERLA · Jun 2024: −31.7% vs market
SANOFI · Oct 2024: −31.4% vs market
JUSTDIAL · Dec 2024: −30.8% vs market
BAJAJCON · Nov 2023: −26.4% vs market
HONDAPOWER · Aug 2020: −24.2% vs market
SREEL · May 2020: −20.3% vs market
JYOTHYLAB · May 2024: −18.0% vs market
QUICKHEAL · Apr 2021: −17.7% vs market
STARCEMENT · Feb 2020: −16.7% vs market
FINCABLES · Jan 2024: −15.8% vs market
TECHNOE · Jun 2021: −14.2% vs market
NOCIL · Mar 2022: −12.6% vs market
ELDEHSG · Sep 2023: −12.5% vs market
SANDESH · Feb 2020: −8.8% vs market
XCHANGING · Jan 2021: −6.4% vs market
VOLTAMP · Jul 2020: −3.7% vs market
AIRAN · Jul 2024: −3.3% vs market
FLAIR · Jun 2025: −3.1% vs market
INDIGOPNTS · Aug 2025: −2.7% vs market
MAYURUNIQ · Oct 2022: +1.9% vs market
SAREGAMA · Aug 2024: +2.9% vs market
FDC · Jan 2024: +4.1% vs market
FINPIPE · Aug 2020: +4.4% vs market
INTELLECT · Aug 2024: +6.7% vs market
SHANTIGEAR · Feb 2020: +12.7% vs market
DELTACORP · May 2021: +18.9% vs market
KRSNAA · Nov 2023: +19.2% vs market
KSB · May 2020: +21.2% vs market
ACUTAAS · Oct 2023: +21.4% vs market
GPPL · Sep 2023: +22.0% vs market
GEOJITFSL · Nov 2020: +28.6% vs market
SASKEN · May 2020: +35.9% vs market
BOROLTD · Mar 2023: +37.4% vs market
NATCOPHARM · Dec 2023: +45.4% vs market
NINSYS · May 2025: +47.3% vs market
NUCLEUS · Apr 2020: +49.2% vs market
SJS · Nov 2023: +53.3% vs market
THYROCARE · Mar 2025: +58.5% vs market
CARERATING · May 2024: +69.3% vs market
RATEGAIN · Aug 2025: +70.1% vs market
SUPRIYA · Jun 2024: +79.2% vs market
GRAUWEIL · Aug 2022: +82.4% vs market
BSOFT · Feb 2020: +85.8% vs market
BSE · Jun 2021: +98.9% vs market
RAILTEL · Feb 2023: +174.7% vs market
Similar setups +2.4%All companies −2.5%← worse than the marketbetter than the market →

Each dot is one past situation (hover or tap for details) · Solid dots are the closest matches, listed below · Shaded is the middle half of all companies in the same months · 2 beyond the range shown, drawn at the edge

Similar setups' median
+2.4%
All companies' median
−2.5%
Beat the market
52% vs 47%

50 past situations · 50 companies · 33 months · 2020–2025

The closest matches

CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
MAYURUNIQ
Process Industries		 Oct 2022 22x18% +8%−24% +2%
TECHNOE
Industrial Services		 Jun 2021 20x12% +73%−5% −14%
FDC
Health Technology		 Jan 2024 36x13% +57%−6% +4%
STARCEMENT
Producer Manufacturing		 Feb 2020 12x18% −12%−34% −17%
SREEL
Consumer Non-Durables		 May 2020 10x14% −40%−46% −20%
Show the other 3 matches
CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
XCHANGING
Technology Services		 Jan 2021 16x13% +43%−15% −6%
RATEGAIN
Technology Services		 Aug 2025 29x17% −31%−39% +70%
INTELLECT
Technology Services		 Aug 2024 42x20% +35%−15% +7%
How reliable is this?

Matched on P/E, P/S, ROCE, operating margin, debt/equity, interest cover, revenue growth, 12-month momentum, drawdown from 12-month high, size and volatility. Closest on: 12-month momentum, P/E and drawdown from 12-month high. One match per company and at most 7 from any one month.

Independent periods: the matches fall in 5 distinct 12-month windows. Matches from nearby months share the same market conditions, so fewer windows means less evidence.

How this is built

This is history, not a forecast. These are past situations where other companies had broadly similar reported numbers and price trends. What happened to them does not tell you what will happen to ADVANCED ENZYME TECHNO LTD. The comparison covers only 2020–2025, a single market period, and only companies still listed today. Companies that were delisted or went bankrupt are missing, which makes past outcomes look better than they were. Returns exclude dividends and are measured against an ApnaFunda-built index, not an official benchmark. Fundamentals are matched on a 60-day assumed reporting lag, not actual announcement dates. Its historical skill has not yet been measured. Past patterns may not repeat.

Methodology

How historical analogs are built

Data as of 2026-11-09. Outcome pool: Jan 2020 to Oct 2025.

For every company we look at the situation it is in today (valuation, return on capital, margins, debt, growth, 12-month price momentum, drawdown, size and volatility) and find past company-months that looked most like it. We then show what happened to those past situations over the following 12 months, measured against the ApnaFunda All index and against the base rate. It describes history. It does not predict anything.

What is compared

FeatureWeightNon-financialFinancial
P/E1yesyes
P/S1yes—
P/B1—yes
ROCE1yes—
operating margin1yes—
ROE1—yes
debt/equity0.75yes—
interest cover0.5yes—
revenue growth0.75yesyes
12-month momentum1yesyes
drawdown from 12-month high0.75yesyes
size0.75yesyes
volatility0.5yesyes

Weights were set by judgement before any outcome was looked at and are never tuned on results. Loss-making companies (negative P/E or net profit) are only matched with other loss-making companies. Banks, NBFCs and insurers are compared only with each other and use a different feature set. Every feature is converted, month by month, to its rank among companies in the same pool in that month, so a P/E of 30 in a hot market and a P/E of 22 in a cold one can match if both were equally expensive for their time. Only that month's data is used.

How closeness and the sample are defined

Distance is the weighted root-mean-square gap between the standardised features both companies have. A match needs at least 70% of the query's feature weight, a distance of at most 0.9, and 30 matches at minimum to be shown. We keep up to 50 matches with these exclusions: never the company itself, one match per company (its closest month), and at most 7 from any one calendar month so a single market episode cannot dominate.

Base rate

The base rate is the distribution of 12-month returns, relative to the market, of every eligible company-month in the same pool, with each month weighted to match the months the analogs came from. It answers: how did a random company do in these same months? Because matches from nearby months share the same market conditions, we also report the number of distinct 12-month windows behind a result, and a bootstrap that resamples months decides whether the analog median differs from the base rate at all. "Not meaningfully different" is the usual outcome and the page copy is written for it.

Limits you should know

  • One market period. The outcome pool covers 2020–2025 only (70 months), including the 2020 crash and the 2020–21 rally.
  • Survivorship. Only companies listed today are included. Delisted and bankrupt companies are missing, which flatters past outcomes, particularly for distressed-looking setups.
  • Price return only. Dividends are excluded, and the benchmark is an ApnaFunda market-cap-weighted index of the same listed companies, not an official index.
  • Reporting lag. Fundamentals are matched on an assumed 60-day lag after the quarter end, not on real announcement dates.
  • Pools: non-financial: 98,395 company-months from 2019 companies; financial: 5,659 company-months from 108 companies. 2349 companies currently have a result; the rest are suppressed because too few comparable situations exist.

Does it work? A walk-forward check

The walk-forward check has not been run for this build, so skill is shown as not yet measured.

Disclaimer

This is history, not a forecast. These are past situations where other companies had broadly similar reported numbers and price trends. What happened to them does not tell you what will happen to any company shown. The comparison covers only 2020–2025, a single market period, and only companies still listed today. Companies that were delisted or went bankrupt are missing, which makes past outcomes look better than they were. Returns exclude dividends and are measured against an ApnaFunda-built index, not an official benchmark. Fundamentals are matched on a 60-day assumed reporting lag, not actual announcement dates. Its historical skill has not yet been measured. Past patterns may not repeat.

What else looks like this?

Companies with the most similar financial profile today, regardless of industry.

CONCORD BIOTECHCONCORDBIO
Health Technology
69%similar
promoter holdingoperating margin
MEDI ASSIST HEALTHCARE SERMEDIASSIST
Finance
69%similar
volatilityROCE
INDIGO PAINTSINDIGOPNTS
Process Industries
62%similar
volatilitydebt/equity
INTELLECT DESIGN ARENAINTELLECT
Technology Services
60%similar
revenue growthP/E
MAYUR UNIQUOTERSMAYURUNIQ
Process Industries
60%similar
market capdebt/equity
ADF FOODSADFFOODS
Consumer Non-Durables
55%similar
revenueEPS growth
BAJAJ CONSUMER CAREBAJAJCON
Consumer Non-Durables
49%similar
promoter holdingdebt/equity
VIDHI SPECIALTY FOOD INGVIDHIING
Consumer Non-Durables
44%similar
volatilityEPS growth

Similarity is statistical, based on reported metrics; it does not imply similar business quality or future returns.

What changed?

30 events since Jul '23

  1. OctPriceFell 55% from the Sep 2024 peak to the Oct 2026 low.
  2. AugPriceVolume reached 11.3x its 50-day median on 2026-08-03; price +2.7% that day.
  3. JunPeer rankMoved into the 2nd quartile of Consumer Non-Durables on ROCE (from the 3rd quartile).
  4. MayPriceVolume reached 46.2x its 50-day median on 2026-05-11; price +9.3% that day.
  5. FebPriceVolume reached 6.8x its 50-day median on 2026-02-11; price +4.1% that day.
  6. DecResultsYear-on-year EPS growth turned positive.
  7. DecPeer rankMoved into the 2nd quartile of Consumer Non-Durables on EPS growth (from the 3rd quartile).
  8. NovPriceVolume reached 27.9x its 50-day median on 2025-11-12; price +7.0% that day.
Show 22 earlier events
  1. SepInstitutionsFII + DII holding rose 11.8 pts over 1 quarter to 31.9%.
  2. AugPriceVolume reached 56.5x its 50-day median on 2025-08-29; price +6.7% that day.
  3. JunResultsYear-on-year EPS growth turned negative.
  4. JunPeer rankSlipped to the 3rd quartile of Consumer Non-Durables on EPS growth (from the 2nd quartile).
  5. JunPriceVolume reached 21.1x its 50-day median on 2025-06-17; price +2.0% that day.
  6. MarPeer rankSlipped to the 3rd quartile of Consumer Non-Durables on ROCE (from the 2nd quartile).
  7. FebPriceVolume reached 7.9x its 50-day median on 2025-02-28; price -5.6% that day.
  8. DecPeer rankSlipped to the 2nd quartile of Consumer Non-Durables on EPS growth (from the top quartile).
  9. NovPriceVolume reached 5.8x its 50-day median on 2024-11-11; price -15.3% that day.
  10. SepPriceRegained the 2021-05 peak, 18 months after the low.
  11. SepInstitutionsFII + DII holding fell 10.5 pts over 1 quarter to 20.1%.
  12. SepPeer rankMoved into the top quartile of Consumer Non-Durables on EPS growth (from the 2nd quartile).
  13. SepPriceVolume reached 23.7x its 50-day median on 2024-09-11; price +9.8% that day.
  14. AugValuationP/E crossed above the 90th percentile of its own history to date (37.4x).
  15. JunResultsYear-on-year EPS growth turned positive.
  16. JunPeer rankMoved into the 2nd quartile of Consumer Non-Durables on ROCE (from the 3rd quartile).
  17. JunPriceVolume reached 11.5x its 50-day median on 2024-06-20; price +3.2% that day.
  18. MarPromoterPromoter holding fell 2.3 pts to 43.6%.
  19. MarPriceVolume reached 8.8x its 50-day median on 2024-03-12; price -2.2% that day.
  20. DecPriceVolume reached 28.0x its 50-day median on 2023-12-06; price +9.1% that day.
  21. JulValuationP/E crossed above the 90th percentile of its own history to date (34.8x).
  22. JulPriceVolume reached 16.9x its 50-day median on 2023-07-06; price +5.2% that day.

Events are generated from the data by fixed rules.
The month shown is when the change became visible in the reported figures, assuming a 60-day lag after each quarter end; it is not an announcement date.

Where price and fundamentals disagree, market-wide Rewind the whole market to any month

Monthly history60 months · 2021-12 to 2026-11
MonthP/ERevenue (TTM)ROEROCEDebt / Equity
2026-1119.0x₹752 cr10.2%14.0%0.0x
2026-1017.8x₹752 cr10.1%14.0%0.0x
2026-0919.0x₹752 cr10.1%14.0%0.0x
2026-0819.5x₹746 cr10.2%14.0%0.0x
2026-0720.9x₹746 cr10.2%14.0%0.0x
2026-0620.4x₹746 cr10.2%14.0%0.0x
2026-0526.7x₹710 cr10.5%13.0%0.0x
2026-0425.5x₹710 cr10.5%13.0%0.0x
2026-0318.8x₹710 cr10.5%13.0%0.0x
2026-0222.8x₹707 cr10.2%13.0%0.0x
2026-0122.5x₹707 cr10.2%13.0%0.0x
2025-1222.9x₹707 cr10.2%13.0%0.0x
2025-1125.4x₹668 cr9.4%13.0%0.0x
2025-1025.1x₹668 cr9.4%13.0%0.0x
2025-0926.6x₹668 cr9.4%13.0%0.0x
2025-0829.5x₹637 cr9.0%13.0%0.0x
2025-0729.9x₹637 cr9.0%13.0%0.0x
2025-0627.4x₹637 cr9.0%13.0%0.0x
2025-0525.7x₹628 cr9.9%15.0%0.0x
2025-0424.1x₹628 cr9.9%15.0%0.0x
2025-0323.5x₹628 cr9.9%15.0%0.0x
2025-0221.2x₹620 cr10.1%15.0%0.0x
2025-0126.9x₹620 cr10.1%15.0%0.0x
2024-1228.4x₹620 cr10.1%15.0%0.0x
2024-1130.5x₹632 cr10.3%15.0%0.0x
2024-1038.2x₹632 cr10.3%15.0%0.0x
2024-0940.6x₹632 cr10.3%15.0%0.0x
2024-0837.4x₹624 cr9.9%15.0%0.0x
2024-0735.0x₹624 cr9.9%15.0%0.0x
2024-0632.0x₹624 cr9.9%15.0%0.0x
2024-0538.4x₹541 cr8.1%12.0%0.0x
2024-0441.8x₹541 cr8.1%12.0%0.0x
2024-0336.9x₹541 cr8.1%12.0%0.0x
2024-0240.7x₹541 cr8.1%12.0%0.0x
2024-0140.3x₹541 cr8.1%12.0%0.0x
2023-1239.7x₹541 cr8.1%12.0%0.0x
2023-1134.9x₹541 cr8.1%12.0%0.0x
2023-1033.0x₹541 cr8.1%12.0%0.0x
2023-0933.9x₹541 cr8.1%12.0%0.0x
2023-0834.7x₹541 cr8.1%12.0%0.0x
2023-0734.8x₹541 cr8.1%12.0%0.0x
2023-0629.6x₹541 cr8.1%12.0%0.0x
2023-0525.8x₹529 cr10.9%16.0%0.0x
2023-0424.1x₹529 cr10.9%16.0%0.0x
2023-0321.7x₹529 cr10.9%16.0%0.0x
2023-0226.1x₹529 cr10.9%16.0%0.0x
2023-0126.2x₹529 cr10.9%16.0%0.0x
2022-1226.2x₹529 cr10.9%16.0%0.0x
2022-1126.5x₹529 cr10.9%16.0%0.0x
2022-1026.6x₹529 cr10.9%16.0%0.0x
2022-0925.2x₹529 cr10.9%16.0%0.0x
2022-0825.1x₹529 cr10.9%16.0%0.0x
2022-0726.8x₹529 cr10.9%16.0%0.0x
2022-0624.9x₹529 cr10.9%16.0%0.0x
2022-0521.9x₹502 cr14.9%22.0%0.0x
2022-0423.1x₹502 cr14.9%22.0%0.0x
2022-0321.6x₹502 cr14.9%22.0%0.0x
2022-0224.4x₹502 cr14.9%22.0%0.0x
2022-0124.1x₹502 cr14.9%22.0%0.0x
2021-1224.9x₹502 cr14.9%22.0%0.0x

Older months are in the live observatory.

Methodology and data notes

Methodology

Methodology and data notes

All figures come from public exchange prices and screener.in financial statements. Quarterly and annual results are shown from 60 days after the period end, so a month never uses a result before it would plausibly have been published. Statements are the latest versions, which may include later restatements.

Sector medians, percentiles and indices use today's listed companies in the sector (survivorship bias). Prices are adjusted for splits and bonus issues; around a corporate action the fundamentals may lag the price by up to a month, and affected sections are hidden.

The return decomposition uses price = P/E × net profit ÷ share count. The reverse DCF uses a fixed 12% cost of equity, a 10-year horizon and a 15x terminal P/E, and is an illustration only. Events, flags and twins follow fixed rules and thresholds described next to each section.

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