Share price
₹519.85 latest close · −3.4% over the last 90 sessions
₹519.85 month-end · −23.7% over 12 months
₹519.85 month-end · −13.7% over 3 years
₹519.85 month-end · +70.3% since Jan '19
52-week range ₹476.50 to ₹744.00 · 1-year volatility 27.9%
Was the rally earned?
Mostly the multiple.
- Most of the fall came from investors paying a lower multiple (P/E 96.6x to 73.7x); per-share earnings added 0 points.
- The share count barely moved.
Mostly the multiple.
- Most of the fall came from investors paying a lower multiple (P/E 85.4x to 73.7x); per-share earnings added 0 points.
- The share count barely moved.
Mostly the multiple.
- Most of the fall came from investors paying a lower multiple (P/E 126.1x to 73.7x); per-share earnings added 0 points.
- The share count barely moved.
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.
How rough has the ride been?
Drawdown from peak
Largest drawdowns
-50.8% (2021-11 peak to 2026-10 low, not yet recovered)
-48.6% (2020-02 peak to 2020-03 low, recovered 2021-01)
-17.9% (2019-11 peak to 2019-12 low, recovered 2020-02)
Most recent volume spikes
2026-08-21: 15.4x the 50-day median, price +2.8% that day
2026-08-20: 36.6x the 50-day median, price +4.6% that day
2026-08-12: 18.3x the 50-day median, price -8.5% 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?
Usual range 49.4x to 114.9x since 2019-01.
99% above the Health Technology median.
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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.
Where does it rank among Health Technology peers?
Each cell is the company's percentile rank among its Health Technology 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
- ROCE90thflat vs a year ago
- Revenue growth18th▼ 7 pts vs a year ago
- EPS growth37th▼ 4 pts vs a year ago
- Debt/equity ↓86thflat vs a year ago
- Cash cycle ↓87thflat vs a year ago
- P/E ↓20th▲ 8 pts vs a year ago
- 12M momentum12th▼ 46 pts vs a year ago
Rank history
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 Health Technology sector page Watch it move against Health Technology in the Observatory
What is the price implying?
At a P/E of 113.9x, the price would imply about 35.6%/yr earnings growth for 10 years under the same assumptions, but it is not ranked.
Earnings figures have not updated recently, so the company is left out of the lists.
“Implied growth” is what the current price would require under our stated assumptions, not what we expect.
What prices imply across Health Technology The market-wide Expectations lists
Key figures
- Share Priceclose 9 Nov
- ₹519.85
- P/E
- 73.7x
- ROCE
- 31.0%
- Market Cap
- ₹1502 cr
- Revenue (TTM)
- ₹177 cr
- P/S
- 8.5x
- P/B
- 13.8x
- ROE
- 18.7%
- Debt / Equity
- 0.0x
- Promoter Holding
- 46.5%
- 12M Momentum
- -23.7%
52-week range
Price risk
Balance sheet & cash
Are profits backed by cash?
Other income reliance15%Near threshold
Other income as a share of pre-tax profit (trailing twelve months): 15.2%. Bands: below 15%, 15% to 35%, above 35%.
Tax rate—Not enough data
Not enough reported data to compute this.
Cash conversion1.17xWithin range
Operating cash flow divided by net profit over the last three fiscal years: 1.17x (cash from operations ₹56 cr, net profit ₹48 cr). Bands: 0.8x and above, 0.5x to 0.8x, below 0.5x.
Free cash flow4 of 5 yrsWithin range
Fiscal years with positive free cash flow in the last 5: 4. Bands: at least 80% of years, 40% to 80%, below 40%.
Receivable days vs history0 daysWithin range
Debtor days are below the median of the previous three fiscal years by 0 days (57 vs 57). Bands: under 15 days, 15 to 45, over 45.
Capital work in progress3% of fixed assetsWithin range
Capital work-in-progress is 3% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.
Payable days0 days / 2 yrsWithin range
Days payable changed by 0 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.
Who has been buying and selling?
- Over 3 years, DIIs added 5.2 pts; promoters trimmed 4.1 pts; FIIs added 1.7 pts.
- The number of shareholders fell from 72,002 to 45,135 (-37%) between Sep 2023 and Jun 2026.
Holdings, Jun '26
How each group changed
Number of shareholders
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.
What happened next to similar setups
- We found 50 past situations where a non-financial company looked like AMRUTANJAN HEALTH CARE LIMITED today on valuation, return on capital, debt, growth, price momentum, size and volatility.
- Over the following 12 months the middle half of them returned −30% to +21% vs the market, against 0% for all non-financial companies in the same months.
- The analogs' median sat below that base rate (gap −4.4%, 80% range −15.6% to −1.1%), but the matches cluster in only 5 distinct 12-month windows.
Where the 50 outcomes landed
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 · 1 beyond the range shown, drawn at the edge
50 past situations · 50 companies · 38 months · 2020–2025
The closest matches
| Company | When | P/E | ROCE | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| CHEVIOT Process Industries |
Aug 2023 | — | — | +2% | −9% | −11% |
| VSTIND Consumer Non-Durables |
Jan 2024 | 88x | 34% | +22% | −9% | −12% |
| INDIGOPNTS Process Industries |
Jun 2023 | 52x | — | +2% | −16% | −34% |
| CLEAN Process Industries |
Nov 2024 | 54x | 29% | −6% | −22% | −32% |
| VGUARD Producer Manufacturing |
Jun 2020 | 39x | 26% | −30% | −32% | −5% |
Show the other 3 matches
| Company | When | P/E | ROCE | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| APCOTEXIND Process Industries |
Nov 2023 | 73x | — | +8% | −9% | −46% |
| BASF Process Industries |
Jan 2020 | 42x | 25% | −27% | −33% | +33% |
| ALKYLAMINE Process Industries |
Mar 2023 | 55x | 41% | −25% | −36% | −43% |
How reliable is this?
Matched on P/E, P/S, ROCE, debt/equity, revenue growth, 12-month momentum, drawdown from 12-month high, size and volatility. Closest on: 12-month momentum, drawdown from 12-month high and P/S. Not used (unavailable for this company): operating margin and interest cover. 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.
What else looks like this?
Companies with the most similar financial profile today, regardless of industry.
Similarity is statistical, based on reported metrics; it does not imply similar business quality or future returns.
What changed?
30 events since Jan '21
- OctPriceFell 51% from the Nov 2021 peak to the Oct 2026 low.
- AugPriceVolume reached 36.6x its 50-day median on 2026-08-20; price +4.6% that day.
- MayPriceVolume reached 10.8x its 50-day median on 2026-05-05; price -7.0% that day.
- MarPriceVolume reached 7.0x its 50-day median on 2026-03-23; price +0.4% that day.
- DecPriceVolume reached 6.6x its 50-day median on 2025-12-16; price +0.7% that day.
- AprPriceVolume reached 15.5x its 50-day median on 2025-04-15; price +5.9% that day.
- JanPriceVolume reached 21.5x its 50-day median on 2025-01-13; price -2.7% that day.
- DecPromoterPromoter holding fell 4.1 pts to 46.5%.
Show 22 earlier events
- DecInstitutionsFII + DII holding rose 4.3 pts over 2 quarters to 12.9%.
- NovPriceVolume reached 6.4x its 50-day median on 2024-11-13; price +2.8% that day.
- SepPriceVolume reached 34.1x its 50-day median on 2024-09-26; price -3.3% that day.
- JunPeer rankSlipped to the 3rd quartile of Health Technology on EPS growth (from the 2nd quartile).
- MayPriceVolume reached 15.1x its 50-day median on 2024-05-02; price +12.2% that day.
- FebPriceVolume reached 44.5x its 50-day median on 2024-02-12; price +7.8% that day.
- JulPriceVolume reached 15.7x its 50-day median on 2023-07-03; price -4.7% that day.
- JunPriceVolume reached 113.2x its 50-day median on 2023-06-30; price +10.5% that day.
- FebPriceVolume reached 7.9x its 50-day median on 2023-02-15; price -7.8% that day.
- AugPriceVolume reached 19.5x its 50-day median on 2022-08-16; price -9.7% that day.
- JunPeer rankMoved into the 2nd quartile of Health Technology on EPS growth (from the 3rd quartile).
- AprValuationP/E crossed above the 90th percentile of its own history to date (128.6x).
- AprPriceVolume reached 5.0x its 50-day median on 2022-04-06; price +6.9% that day.
- FebPeer rankMoved into the 3rd quartile of Health Technology on EPS growth (from the bottom quartile).
- FebPriceVolume reached 7.9x its 50-day median on 2022-02-24; price +0.7% that day.
- NovPeer rankSlipped to the bottom quartile of Health Technology on EPS growth (from the 3rd quartile).
- OctPriceVolume reached 11.9x its 50-day median on 2021-10-13; price +6.5% that day.
- SepPeer rankMoved into the 3rd quartile of Health Technology on EPS growth (from the bottom quartile).
- SepPriceVolume reached 42.2x its 50-day median on 2021-09-21; price +9.9% that day.
- JunPeer rankSlipped to the bottom quartile of Health Technology on EPS growth (from the 3rd quartile).
- FebPriceVolume reached 30.2x its 50-day median on 2021-02-12; price +10.0% that day.
- JanPriceRegained the 2020-02 peak, 10 months after the low.
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 history95 months · 2019-01 to 2026-11
| Month | P/E | Revenue (TTM) | ROE | ROCE | Debt / Equity |
|---|---|---|---|---|---|
| 2026-11 | 73.7x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2026-10 | 70.4x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2026-09 | 73.0x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2026-08 | 72.2x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2026-07 | 73.0x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2026-06 | 77.7x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2026-05 | 79.2x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2026-04 | 81.0x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2026-03 | 70.0x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2026-02 | 84.6x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2026-01 | 82.8x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2025-12 | 94.8x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2025-11 | 96.6x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2025-10 | 102.7x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2025-09 | 101.2x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2025-08 | 98.2x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2025-07 | 93.6x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2025-06 | 102.1x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2025-05 | 101.0x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2025-04 | 98.5x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2025-03 | 92.5x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2025-02 | 82.0x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2025-01 | 94.5x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2024-12 | 102.5x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2024-11 | 104.7x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2024-10 | 107.8x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2024-09 | 115.8x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2024-08 | 116.2x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2024-07 | 107.2x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2024-06 | 106.3x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2024-05 | 98.1x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2024-04 | 99.1x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2024-03 | 88.0x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2024-02 | 90.7x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2024-01 | 82.2x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2023-12 | 85.0x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2023-11 | 85.4x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2023-10 | 84.6x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2023-09 | 87.4x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2023-08 | 87.2x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2023-07 | 93.3x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2023-06 | 104.7x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2023-05 | 86.2x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2023-04 | 85.7x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2023-03 | 81.7x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2023-02 | 86.4x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2023-01 | 102.3x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2022-12 | 100.8x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2022-11 | 100.5x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2022-10 | 103.9x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2022-09 | 101.4x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2022-08 | 107.7x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2022-07 | 113.7x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2022-06 | 111.9x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2022-05 | 116.8x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2022-04 | 128.6x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2022-03 | 112.7x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2022-02 | 118.5x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2022-01 | 117.3x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2021-12 | 132.8x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2021-11 | 126.1x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2021-10 | 129.4x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2021-09 | 118.5x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2021-08 | 101.7x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2021-07 | 96.9x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2021-06 | 99.4x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2021-05 | 100.6x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2021-04 | 90.3x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2021-03 | 80.5x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2021-02 | 77.4x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2021-01 | 70.1x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2020-12 | 71.2x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2020-11 | 71.6x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2020-10 | 59.4x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2020-09 | 60.0x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2020-08 | 63.6x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2020-07 | 61.0x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2020-06 | 51.2x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2020-05 | 48.2x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2020-04 | 55.4x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2020-03 | 46.8x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2020-02 | 65.5x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2020-01 | 64.6x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2019-12 | 62.5x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2019-11 | 63.3x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2019-10 | 60.8x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2019-09 | 51.2x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2019-08 | 42.7x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2019-07 | 40.3x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2019-06 | 42.6x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2019-05 | 44.4x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2019-04 | 43.6x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2019-03 | 43.9x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2019-02 | 41.7x | ₹177 cr | 18.7% | 31.0% | 0.0x |
| 2019-01 | 43.3x | ₹177 cr | 18.7% | 31.0% | 0.0x |