Share price
₹11.04 latest close · −2.4% over the last 90 sessions
₹11.04 month-end · −22.4% over 12 months
₹11.04 month-end · −81.4% over 3 years
₹11.04 month-end · −63.9% since Jun '21
52-week range ₹8.40 to ₹18.55 · 1-year volatility 49.3%
Was the rally earned?
Earnings helped, the multiple did not.
- Per-share earnings added 24 points, but investors now pay less per rupee of profit (P/E 9.2x to 5.5x), which took 46 points back.
- The share count barely moved.
Mostly the multiple.
- Most of the fall came from investors paying a lower multiple (P/E 18.1x to 5.5x); per-share earnings took off 23 points.
- The share count barely moved.
Earnings helped, the multiple did not.
- Per-share earnings added 3 points, but investors now pay less per rupee of profit (P/E 17.7x to 5.5x), which took 71 points back.
- The share count rose 10%.
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
-87.0% (2023-12 peak to 2026-03 low, not yet recovered)
-43.2% (2022-02 peak to 2023-01 low, recovered 2023-05)
-30.4% (2023-07 peak to 2023-09 low, recovered 2023-11)
Is it expensive against its own past and its peers?
Usual range 6.4x to 18.9x since 2021-06.
67% below the Distribution Services 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 Distribution Services peers?
Each cell is the company's percentile rank among its Distribution Services 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
- ROCE47thflat vs a year ago
- Op. margin25th▼ 12 pts vs a year ago
- Revenue growth23rd▲ 5 pts vs a year ago
- EPS growth66th▲ 43 pts vs a year ago
- Debt/equity ↓7th▲ 3 pts vs a year ago
- Cash cycle ↓75thflat vs a year ago
- P/E ↓100th▲ 5 pts vs a year ago
- 12M momentum44th▲ 31 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 Distribution Services sector page Watch it move against Distribution Services in the Observatory
What is the price implying?
At a P/E of 4.3x, the price would imply about −1.3%/yr earnings growth for 10 years under the same assumptions, but it is not ranked.
Below the ₹1,000 cr market-cap floor used for the lists.
“Implied growth” is what the current price would require under our stated assumptions, not what we expect.
What prices imply across Distribution Services The market-wide Expectations lists
Key figures
- Share Priceclose 9 Nov
- ₹11.04
- P/E
- 5.5x
- ROCE
- 9.0%
- Market Cap
- ₹63 cr
- Revenue (TTM)
- ₹1296 cr
- P/S
- 0.0x
- P/B
- 0.5x
- ROE
- 9.7%
- Operating Margin
- 2.2%
- Debt / Equity
- 1.7x
- Promoter Holding
- 50.2%
- 12M Momentum
- -22.4%
52-week range
Price risk
Balance sheet & cash
Are profits backed by cash?
Other income reliance64%Beyond threshold
Other income as a share of pre-tax profit (trailing twelve months): 63.7%. Bands: below 15%, 15% to 35%, above 35%.
Tax rate25%Within range
Median quarterly effective tax rate over about 2.5 years: 25.2%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.
Cash conversion1.72xWithin range
Operating cash flow divided by net profit over the last three fiscal years: 1.72x (cash from operations ₹67 cr, net profit ₹39 cr). Bands: 0.8x and above, 0.5x to 0.8x, below 0.5x.
Free cash flow2 of 5 yrsNear threshold
Fiscal years with positive free cash flow in the last 5: 2. Bands: at least 80% of years, 40% to 80%, below 40%.
Receivable days vs history+7 daysWithin range
Debtor days are above the median of the previous three fiscal years by 7 days (24 vs 17). Bands: under 15 days, 15 to 45, over 45.
Capital work in progress0% of fixed assetsWithin range
Capital work-in-progress is 0% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.
Payable days-13 days / 2 yrsWithin range
Days payable changed by -13 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 2 years, promoters trimmed 6.9 pts; DIIs trimmed 1.1 pts.
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 ANMOL INDIA LIMITED 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 −25% to +51% vs the market, against −7% for all non-financial companies in the same months.
- The gap against the base rate (−4.5%, 80% range −10.0% to +12.5%) is within what chance and overlapping periods produce.
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 · 4 beyond the range shown, drawn at the edge
50 past situations · 50 companies · 31 months · 2020–2025
The closest matches
| Company | When | P/E | ROCE | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| SPMLINFRA Industrial Services |
Sep 2020 | 5x | 9% | −21% | −42% | −22% |
| SURYALAXMI Process Industries |
Nov 2022 | 3x | 14% | +1% | −34% | +4% |
| ELECTHERM Non-Energy Minerals |
Dec 2021 | 4x | 9% | +22% | −29% | −51% |
| JETFREIGHT Transportation |
Oct 2025 | 13x | 11% | −19% | −35% | +55% |
| ACCURACY Transportation |
Mar 2025 | 9x | 5% | −25% | −46% | −52% |
Show the other 3 matches
| Company | When | P/E | ROCE | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| RAJSREESUG Process Industries |
May 2025 | 5x | 11% | −20% | −43% | −27% |
| MAHESHWARI Transportation |
Jul 2024 | 17x | 11% | +17% | −20% | −14% |
| MAWANASUG Process Industries |
Dec 2024 | 9x | 7% | +2% | −25% | −13% |
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: interest cover, 12-month momentum and ROCE. One match per company and at most 7 from any one month.
Independent periods: the matches fall in 6 distinct 12-month windows. Matches from nearby months share the same market conditions, so fewer windows means less evidence.
What changed?
30 events since Jun '22
- SepPeer rankSlipped to the 2nd quartile of Distribution Services on EPS growth (from the top quartile).
- JunPeer rankMoved into the top quartile of Distribution Services on EPS growth (from the 3rd quartile).
- MarResultsYear-on-year EPS growth turned positive.
- MarPriceFell 87% from the Dec 2023 peak to the Mar 2026 low.
- MarPeer rankMoved into the 3rd quartile of Distribution Services on EPS growth (from the bottom quartile).
- NovValuationP/E fell below the 10th percentile of its own history to date (9.2x).
- NovPeer rankSlipped to the 3rd quartile of Distribution Services on ROCE (from the 2nd quartile).
- SepPromoterPromoter holding fell 6.9 pts to 50.2%.
Show 22 earlier events
- JunPeer rankSlipped to the 2nd quartile of Distribution Services on ROCE (from the top quartile).
- JunDebtDebt / equity rose above 1.0x (2.04x).
- MarDebtDebt / equity halved over 12 months to 0.85x.
- NovValuationP/E fell below the 10th percentile of its own history to date (10.3x).
- SepResultsYear-on-year EPS growth turned negative.
- SepPeer rankSlipped to the 3rd quartile of Distribution Services on EPS growth (from the 2nd quartile).
- AugDebtDebt / equity halved over 12 months to 0.85x.
- JunResultsRevenue (TTM) reached a new high of ₹1,501 cr.
- JunPeer rankMoved into the top quartile of Distribution Services on ROCE (from the 3rd quartile).
- JunDebtDebt / equity fell below 1.0x (0.85x).
- JunSharesShare count is up 200.0% over 12 months.
- MayValuationP/E fell below the 10th percentile of its own history to date (11.0x).
- JanDebtDebt / equity halved over 12 months to 3.73x.
- NovPriceRegained the 2023-07 peak, 2 months after the low.
- SepPriceFell 30% from the Jul 2023 peak to the Sep 2023 low.
- JunResultsRevenue (TTM) reached a new high of ₹1,410 cr.
- JunPeer rankMoved into the 3rd quartile of Distribution Services on ROCE (from the bottom quartile).
- JunDebtDebt / equity halved over 12 months to 3.73x.
- MayPriceRegained the 2022-02 peak, 4 months after the low.
- JanPriceFell 43% from the Feb 2022 peak to the Jan 2023 low.
- JunResultsRevenue (TTM) reached a new high of ₹1,059 cr.
- JunPeer rankSlipped to the bottom quartile of Distribution Services on ROCE (from the top quartile).
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 history66 months · 2021-06 to 2026-11
| Month | P/E | Revenue (TTM) | ROE | ROCE | Debt / Equity |
|---|---|---|---|---|---|
| 2026-11 | 5.5x | ₹1296 cr | 9.7% | 9.0% | 1.7x |
| 2026-10 | 5.5x | ₹1296 cr | 9.7% | 9.0% | 1.7x |
| 2026-09 | 6.8x | ₹1296 cr | 9.7% | 9.0% | 1.7x |
| 2026-08 | 5.1x | ₹1417 cr | 9.4% | 9.0% | 1.7x |
| 2026-07 | 5.1x | ₹1417 cr | 9.4% | 9.0% | 1.7x |
| 2026-06 | 5.7x | ₹1417 cr | 9.4% | 9.0% | 1.7x |
| 2026-05 | 6.4x | ₹1423 cr | 9.6% | 10.0% | 2.0x |
| 2026-04 | 6.5x | ₹1423 cr | 9.6% | 10.0% | 2.0x |
| 2026-03 | 4.7x | ₹1423 cr | 9.6% | 10.0% | 2.0x |
| 2026-02 | 8.7x | ₹1373 cr | 7.2% | 10.0% | 2.0x |
| 2026-01 | 8.8x | ₹1373 cr | 7.2% | 10.0% | 2.0x |
| 2025-12 | 10.1x | ₹1373 cr | 7.2% | 10.0% | 2.0x |
| 2025-11 | 9.2x | ₹1331 cr | 8.1% | 10.0% | 2.0x |
| 2025-10 | 9.8x | ₹1331 cr | 8.1% | 10.0% | 2.0x |
| 2025-09 | 10.2x | ₹1331 cr | 8.1% | 10.0% | 2.0x |
| 2025-08 | 13.1x | ₹1274 cr | 6.5% | 10.0% | 2.0x |
| 2025-07 | 12.5x | ₹1274 cr | 6.5% | 10.0% | 2.0x |
| 2025-06 | 14.4x | ₹1274 cr | 6.5% | 10.0% | 2.0x |
| 2025-05 | 10.7x | ₹1363 cr | 9.3% | 15.0% | 0.8x |
| 2025-04 | 10.0x | ₹1363 cr | 9.3% | 15.0% | 0.8x |
| 2025-03 | 8.7x | ₹1363 cr | 9.3% | 15.0% | 0.8x |
| 2025-02 | 6.9x | ₹1514 cr | 13.4% | 15.0% | 0.8x |
| 2025-01 | 9.4x | ₹1514 cr | 13.4% | 15.0% | 0.8x |
| 2024-12 | 11.1x | ₹1514 cr | 13.4% | 15.0% | 0.8x |
| 2024-11 | 10.3x | ₹1542 cr | 15.7% | 15.0% | 0.8x |
| 2024-10 | 11.5x | ₹1542 cr | 15.7% | 15.0% | 0.8x |
| 2024-09 | 11.3x | ₹1542 cr | 15.7% | 15.0% | 0.8x |
| 2024-08 | 9.2x | ₹1501 cr | 20.9% | 15.0% | 0.8x |
| 2024-07 | 9.2x | ₹1501 cr | 20.9% | 15.0% | 0.8x |
| 2024-06 | 9.6x | ₹1501 cr | 20.9% | 15.0% | 0.8x |
| 2024-05 | 11.0x | ₹1410 cr | 24.1% | 4.0% | 3.7x |
| 2024-04 | 12.2x | ₹1410 cr | 24.1% | 4.0% | 3.7x |
| 2024-03 | 12.7x | ₹1410 cr | 24.1% | 4.0% | 3.7x |
| 2024-02 | 16.8x | ₹1410 cr | 24.1% | 4.0% | 3.7x |
| 2024-01 | 18.8x | ₹1410 cr | 24.1% | 4.0% | 3.7x |
| 2023-12 | 19.9x | ₹1410 cr | 24.1% | 4.0% | 3.7x |
| 2023-11 | 18.1x | ₹1410 cr | 24.1% | 4.0% | 3.7x |
| 2023-10 | 15.3x | ₹1410 cr | 24.1% | 4.0% | 3.7x |
| 2023-09 | 13.1x | ₹1410 cr | 24.1% | 4.0% | 3.7x |
| 2023-08 | 13.5x | ₹1410 cr | 24.1% | 4.0% | 3.7x |
| 2023-07 | 17.5x | ₹1410 cr | 24.1% | 4.0% | 3.7x |
| 2023-06 | 14.1x | ₹1410 cr | 24.1% | 4.0% | 3.7x |
| 2023-05 | 18.1x | ₹1059 cr | 26.7% | 3.0% | 23.9x |
| 2023-04 | 16.5x | ₹1059 cr | 26.7% | 3.0% | 23.9x |
| 2023-03 | 13.2x | ₹1059 cr | 26.7% | 3.0% | 23.9x |
| 2023-02 | 11.4x | ₹1059 cr | 26.7% | 3.0% | 23.9x |
| 2023-01 | 10.4x | ₹1059 cr | 26.7% | 3.0% | 23.9x |
| 2022-12 | 10.9x | ₹1059 cr | 26.7% | 3.0% | 23.9x |
| 2022-11 | 11.3x | ₹1059 cr | 26.7% | 3.0% | 23.9x |
| 2022-10 | 12.1x | ₹1059 cr | 26.7% | 3.0% | 23.9x |
| 2022-09 | 12.6x | ₹1059 cr | 26.7% | 3.0% | 23.9x |
| 2022-08 | 13.1x | ₹1059 cr | 26.7% | 3.0% | 23.9x |
| 2022-07 | 11.8x | ₹1059 cr | 26.7% | 3.0% | 23.9x |
| 2022-06 | 11.6x | ₹1059 cr | 26.7% | 3.0% | 23.9x |
| 2022-05 | 19.0x | ₹690 cr | 25.6% | 21.0% | 1.2x |
| 2022-04 | 22.3x | ₹690 cr | 25.6% | 21.0% | 1.2x |
| 2022-03 | 20.9x | ₹690 cr | 25.6% | 21.0% | 1.2x |
| 2022-02 | 22.2x | ₹690 cr | 25.6% | 21.0% | 1.2x |
| 2022-01 | 21.2x | ₹690 cr | 25.6% | 21.0% | 1.2x |
| 2021-12 | 17.2x | ₹690 cr | 25.6% | 21.0% | 1.2x |
| 2021-11 | 17.7x | ₹690 cr | 25.6% | 21.0% | 1.2x |
| 2021-10 | 15.3x | ₹690 cr | 25.6% | 21.0% | 1.2x |
| 2021-09 | 16.4x | ₹690 cr | 25.6% | 21.0% | 1.2x |
| 2021-08 | 21.4x | ₹690 cr | 25.6% | 21.0% | 1.2x |
| 2021-07 | 17.5x | ₹690 cr | 25.6% | 21.0% | 1.2x |
| 2021-06 | 15.9x | ₹690 cr | 25.6% | 21.0% | 1.2x |