ARVIND FASHIONS LIMITED (ARVINDFASN): Financials & Fundamentals History

Share price

Closing priceAdjusted for splits and bonus issues.

3M1Y3YAll

₹348 latest close · −26.0% over the last 90 sessions

₹348 month-end · −31.0% over 12 months

₹348 month-end · −20.8% over 3 years

₹348 month-end · −65.8% since Mar '19

52-week range ₹340.60 to ₹556.50 · 1-year volatility 34.6%

Was the rally earned?

-21%share price, 3 yearsLower P/E held it back

Earnings helped, the multiple did not.

Per-share earnings added 105 points, but investors now pay less per rupee of profit (P/E 159.3x to 38.9x), which took 126 points back.
The share count fell 34%.

Net profit growth+68 ptsNet profit rose about 114%, which lifts the price.

P/E change-126 ptsThe P/E fell from 159.3x to 38.9x, which lowers the price.

Share count change+37 ptsShare count fell 34%, which lifts 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.

Not shown for 1 year and 5 years: earnings were negative at one end, or there is not enough history.

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

Compare this with TRENT

How rough has the ride been?

Maximum drawdown-89.3%not yet recovered

1-year volatility34.6%annualised

Beta vs sector index0.793-year daily, correlation 0.40

Volume spikes1last 90 sessions, 5x the 50-day median

Drawdown from peak

Largest drawdowns

-89.3% (2019-03 peak to 2020-05 low, not yet recovered)

Most recent volume spikes

2026-07-21: 11.6x the 50-day median, price -0.8% 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?

38.9xP/E todayNear its historic low

Against its own history2nd percentile

CheapestMedian 106.7xDearest

Usual range 49.1x to 284.3x since 2019-03.

Against Retail Trade38.9x vs 22.4x

This company

38.9x

Sector median

22.4x

73% above the Retail Trade median.

P/EP/BP/S

P/E (this company)10th to 90th percentile of its own historyIts medianRetail Trade median

The chart loads when you open this tab.

P/B (this company)10th to 90th percentile of its own historyIts medianRetail Trade median

The chart loads when you open this tab.

P/S (this company)10th to 90th percentile of its own historyIts medianRetail Trade 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 Retail Trade is valued

Where does it rank among Retail Trade peers?

Each cell is the company's percentile rank among its Retail Trade 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

ROCE73rd▲ 3 pts vs a year ago
Op. margin63rdflat vs a year ago
Revenue growth35th▼ 13 pts vs a year ago
EPS growth8th▼ 76 pts vs a year ago
Debt/equity ↓10th▼ 11 pts vs a year ago
Cash cycle ↓34th▼ 9 pts vs a year ago
P/E ↓40th
12M momentum26th▼ 49 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 Retail Trade sector page Watch it move against Retail Trade in the Observatory

What is the price implying?

~43%annual earnings growth implied by the price

At a P/E of 177.3x, the price would imply about 42.7%/yr earnings growth for 10 years under the same assumptions, but it is not ranked.

Fewer than six years of annual earnings are available, which is too little to measure delivered growth.

“Implied growth” is what the current price would require under our stated assumptions, not what we expect.

What prices imply across Retail Trade The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov: ₹348.00
P/E: 38.9x
ROCE: 20.0%
Market Cap: ₹4649 cr
Revenue (TTM): ₹5438 cr
P/S: 0.9x
P/B: 4.9x
ROE: 12.7%
Operating Margin: 12.0%
Debt / Equity: 1.4x
Promoter Holding: 35.1%
12M Momentum: -31.0%

52-week range

₹340.60₹556.50

3% of the way from its 52-week low to its high

Price risk

1Y volatility

34.6%

Beta vs sector

1-year daily

0.90

Balance sheet & cash

Interest cover

operating profit ÷ interest

2.5x

Cash from profit, 3Y

operating cash flow ÷ net profit

3.86x

Share count, 1Y

unchanged

Are profits backed by cash?

7 of 7checks within rangeAll clear

Other income reliance4%Within range

Other income as a share of pre-tax profit (trailing twelve months): 3.8%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate32%Within range

Median quarterly effective tax rate over about 2.5 years: 32.0%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion3.86xWithin range

Operating cash flow divided by net profit over the last three fiscal years: 3.86x (cash from operations ₹1,368 cr, net profit ₹354 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-3 daysWithin range

Debtor days are below the median of the previous three fiscal years by 3 days (52 vs 55). 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-34 days / 2 yrsWithin range

Days payable changed by -34 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, DIIs added 17.0 pts; FIIs trimmed 4.5 pts; promoters trimmed 1.7 pts.
The number of shareholders rose from 1.6 lakh to 1.7 lakh (+8%) between Sep 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupSep '23Jun '26Change

Promoters36.8%35.1%-1.7 pts

FIIs16.6%12.2%-4.5 pts

DIIs8.0%25.0%+17.0 pts

Public and others38.6%27.8%-10.8 pts

Number of shareholders

1.7 lakhshareholders+8% since Sep '23

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

+2.1%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 ARVIND FASHIONS 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 −16% to +33% vs the market, against −5% for all non-financial companies in the same months.
The gap against the base rate (+7.5%, 80% range −0.4% to +10.4%) 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

Similar setups' median

+2.1%

All companies' median

−5.4%

Beat the market

54% vs 44%

50 past situations · 50 companies · 37 months · 2020–2025

The closest matches

Company	When	P/E	ROCE	12M mom.	Drawdown	Next 12 months
PRSMJOHNSN Non-Energy Minerals	Apr 2020	17x	13%	−59%	−62%	+113%
DYNAMATECH Producer Manufacturing	Jan 2020	23x	13%	−29%	−40%	−33%
DBL Industrial Services	Aug 2021	26x	13%	+38%	−28%	−56%
JINDWORLD Process Industries	Nov 2020	36x	11%	−22%	−25%	+158%
GMMPFAUDLR Producer Manufacturing	Jul 2024	37x	19%	−2%	−23%	+3%

Show the other 3 matches

Company	When	P/E	ROCE	12M mom.	Drawdown	Next 12 months
VARROC Producer Manufacturing	Apr 2025	68x	17%	−18%	−38%	+16%
HNDFDS Consumer Non-Durables	Jan 2024	86x	18%	−4%	−15%	−13%
TVSMOTOR Consumer Durables	Aug 2021	42x	11%	+21%	−20%	+75%

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: drawdown from 12-month high, 12-month momentum and revenue growth. 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.

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 ARVIND FASHIONS LIMITED. 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

Feature	Weight	Non-financial	Financial
P/E	1	yes	yes
P/S	1	yes	—
P/B	1	—	yes
ROCE	1	yes	—
operating margin	1	yes	—
ROE	1	—	yes
debt/equity	0.75	yes	—
interest cover	0.5	yes	—
revenue growth	0.75	yes	yes
12-month momentum	1	yes	yes
drawdown from 12-month high	0.75	yes	yes
size	0.75	yes	yes
volatility	0.5	yes	yes

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.

ADITYA BIRLA LIFESTYLE BRANDSABLBL

Consumer Non-Durables

65%similar

volatilitydebt/equity

CEATCEATLTD

Consumer Durables

65%similar

EPS growthROCE

JK CEMENTJKCEMENT

Non-Energy Minerals

61%similar

P/Evolatility

HERITAGE FOODSHERITGFOOD

Consumer Non-Durables

57%similar

revenuevolatility

SUPRAJIT ENGINEERINGSUPRAJIT

Producer Manufacturing

56%similar

operating marginmarket cap

ADITYA VISIONAVL

Retail Trade

65%similar

market capoperating margin

MEDPLUS HEALTH SERVICESMEDPLUS

Retail Trade

64%similar

EPS growthpromoter holding

V MART RETAILVMART

Retail Trade

63%similar

market capP/E

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

What changed?

30 events since Jan '22

2026
JulPriceVolume reached 11.6x its 50-day median on 2026-07-21; price -0.8% that day.
JunResultsEPS (TTM) turned positive.
JunValuationP/E fell below the 10th percentile of its own history to date (51.4x).
JunDividendStarted paying a dividend (payout 17% of profit).
MayPriceVolume reached 33.6x its 50-day median on 2026-05-06; price +10.0% that day.
JanPriceVolume reached 7.3x its 50-day median on 2026-01-19; price -2.8% that day.
2025
DecInstitutionsFII + DII holding rose 3.4 pts over 2 quarters to 34.7%.
NovPriceVolume reached 14.7x its 50-day median on 2025-11-03; price +10.6% that day.

Show 22 earlier events

2025
SepResultsRevenue (TTM) reached a new high of ₹4,772 cr.
JulPriceVolume reached 19.9x its 50-day median on 2025-07-29; price +8.1% that day.
JunResultsEPS (TTM) turned negative.
JunPeer rankSlipped to the bottom quartile of Retail Trade on EPS growth (from the top quartile).
JunDividendDividend payout cut from 21% to -60% of profit.
2024
DecInstitutionsFII + DII holding rose 5.0 pts over 2 quarters to 31.4%.
SepPeer rankSlipped to the 2nd quartile of Retail Trade on operating margin (from the top quartile).
SepPriceVolume reached 9.6x its 50-day median on 2024-09-11; price +0.7% that day.
JunValuationP/E fell below the 10th percentile of its own history to date (85.1x).
JunPeer rankMoved into the top quartile of Retail Trade on EPS growth (from the bottom quartile).
JunPriceVolume reached 26.3x its 50-day median on 2024-06-27; price -4.3% that day.
2023
NovPriceVolume reached 10.2x its 50-day median on 2023-11-17; price +6.6% that day.
JunResultsEPS (TTM) turned positive.
JunPeer rankMoved into the 2nd quartile of Retail Trade on ROCE (from the bottom quartile).
JunDividendStarted paying a dividend (payout 36% of profit).
MayPriceVolume reached 11.4x its 50-day median on 2023-05-30; price +2.6% that day.
JanDebtDebt / equity halved over 12 months to 1.28x.
2022
OctPriceVolume reached 9.6x its 50-day median on 2022-10-27; price +8.6% that day.
SepPriceVolume reached 22.9x its 50-day median on 2022-09-21; price +10.0% that day.
JulSharesShare count is up 26.2% over 12 months.
JunDebtDebt / equity halved over 12 months to 1.28x.
JanPriceVolume reached 7.3x its 50-day median on 2022-01-17; price +7.3% 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 history93 months · 2019-03 to 2026-11

Month	P/E	Revenue (TTM)	ROE	ROCE	Debt / Equity
2026-11	38.9x	₹5438 cr	12.7%	20.0%	1.4x
2026-10	39.1x	₹5438 cr	12.7%	20.0%	1.4x
2026-09	43.3x	₹5438 cr	12.7%	20.0%	1.4x
2026-08	49.3x	₹5267 cr	12.5%	20.0%	1.4x
2026-07	49.1x	₹5267 cr	12.5%	20.0%	1.4x
2026-06	51.4x	₹5267 cr	12.5%	20.0%	1.4x
2026-05	—	₹5091 cr	-1.9%	17.0%	1.2x
2026-04	—	₹5091 cr	-1.9%	17.0%	1.2x
2026-03	—	₹5091 cr	-1.9%	17.0%	1.2x
2026-02	—	₹4917 cr	-1.7%	17.0%	1.2x
2026-01	—	₹4917 cr	-1.7%	17.0%	1.2x
2025-12	—	₹4917 cr	-1.7%	17.0%	1.2x
2025-11	—	₹4772 cr	-2.6%	17.0%	1.2x
2025-10	—	₹4772 cr	-2.6%	17.0%	1.2x
2025-09	—	₹4772 cr	-2.6%	17.0%	1.2x
2025-08	—	₹4620 cr	-3.7%	17.0%	1.2x
2025-07	—	₹4620 cr	-3.7%	17.0%	1.2x
2025-06	—	₹4620 cr	-3.7%	17.0%	1.2x
2025-05	74.9x	₹4525 cr	9.4%	14.0%	1.1x
2025-04	64.4x	₹4525 cr	9.4%	14.0%	1.1x
2025-03	60.7x	₹4525 cr	9.4%	14.0%	1.1x
2025-02	47.7x	₹4447 cr	10.5%	14.0%	1.1x
2025-01	60.3x	₹4447 cr	10.5%	14.0%	1.1x
2024-12	64.3x	₹4447 cr	10.5%	14.0%	1.1x
2024-11	76.9x	₹4348 cr	10.0%	14.0%	1.1x
2024-10	76.5x	₹4348 cr	10.0%	14.0%	1.1x
2024-09	80.1x	₹4348 cr	10.0%	14.0%	1.1x
2024-08	87.8x	₹4260 cr	8.8%	14.0%	1.1x
2024-07	84.5x	₹4260 cr	8.8%	14.0%	1.1x
2024-06	85.1x	₹4260 cr	8.8%	14.0%	1.1x
2024-05	159.2x	₹4069 cr	6.1%	14.0%	1.4x
2024-04	173.9x	₹4069 cr	6.1%	14.0%	1.4x
2024-03	164.2x	₹4069 cr	6.1%	14.0%	1.4x
2024-02	165.8x	₹4069 cr	6.1%	14.0%	1.4x
2024-01	189.1x	₹4069 cr	6.1%	14.0%	1.4x
2023-12	148.6x	₹4069 cr	6.1%	14.0%	1.4x
2023-11	159.3x	₹4069 cr	6.1%	14.0%	1.4x
2023-10	116.6x	₹4069 cr	6.1%	14.0%	1.4x
2023-09	118.2x	₹4069 cr	6.1%	14.0%	1.4x
2023-08	116.6x	₹4069 cr	6.1%	14.0%	1.4x
2023-07	118.0x	₹4069 cr	6.1%	14.0%	1.4x
2023-06	129.1x	₹4069 cr	6.1%	14.0%	1.4x
2023-05	—	₹3056 cr	-20.3%	1.0%	1.3x
2023-04	—	₹3056 cr	-20.3%	1.0%	1.3x
2023-03	—	₹3056 cr	-20.3%	1.0%	1.3x
2023-02	—	₹3056 cr	-20.3%	1.0%	1.3x
2023-01	—	₹3056 cr	-20.3%	1.0%	1.3x
2022-12	—	₹3056 cr	-20.3%	1.0%	1.3x
2022-11	—	₹3056 cr	-20.3%	1.0%	1.3x
2022-10	—	₹3056 cr	-20.3%	1.0%	1.3x
2022-09	—	₹3056 cr	-20.3%	1.0%	1.3x
2022-08	—	₹3056 cr	-20.3%	1.0%	1.3x
2022-07	—	₹3056 cr	-20.3%	1.0%	1.3x
2022-06	—	₹3056 cr	-20.3%	1.0%	1.3x
2022-05	—	₹2201 cr	-73.4%	-8.0%	3.4x
2022-04	—	₹2201 cr	-73.4%	-8.0%	3.4x
2022-03	—	₹2201 cr	-73.4%	-8.0%	3.4x
2022-02	—	₹2201 cr	-73.4%	-8.0%	3.4x
2022-01	—	₹2201 cr	-73.4%	-8.0%	3.4x
2021-12	—	₹2201 cr	-73.4%	-8.0%	3.4x
2021-11	—	₹2201 cr	-73.4%	-8.0%	3.4x
2021-10	—	₹2201 cr	-73.4%	-8.0%	3.4x
2021-09	—	₹2201 cr	-73.4%	-8.0%	3.4x
2021-08	—	₹2201 cr	-73.4%	-8.0%	3.4x
2021-07	—	₹2201 cr	-73.4%	-8.0%	3.4x
2021-06	—	₹2201 cr	-73.4%	-8.0%	3.4x
2021-05	—	₹3614 cr	-43.0%	-6.0%	3.6x
2021-04	—	₹3614 cr	-43.0%	-6.0%	3.6x
2021-03	—	₹3614 cr	-43.0%	-6.0%	3.6x
2021-02	—	₹3614 cr	-43.0%	-6.0%	3.6x
2021-01	—	₹3614 cr	-43.0%	-6.0%	3.6x
2020-12	—	₹3614 cr	-43.0%	-6.0%	3.6x
2020-11	—	₹3614 cr	-43.0%	-6.0%	3.6x
2020-10	—	₹3614 cr	-43.0%	-6.0%	3.6x
2020-09	—	₹3614 cr	-43.0%	-6.0%	3.6x
2020-08	—	₹3614 cr	-43.0%	-6.0%	3.6x
2020-07	—	₹3614 cr	-43.0%	-6.0%	3.6x
2020-06	—	₹3614 cr	-43.0%	-6.0%	3.6x
2020-05	82.7x	₹4644 cr	1.2%	7.0%	0.7x
2020-04	91.7x	₹4644 cr	1.2%	7.0%	0.7x
2020-03	96.7x	₹4644 cr	1.2%	7.0%	0.7x
2020-02	228.1x	₹4644 cr	1.2%	7.0%	0.7x
2020-01	258.8x	₹4644 cr	1.2%	7.0%	0.7x
2019-12	259.5x	₹4644 cr	1.2%	7.0%	0.7x
2019-11	226.5x	₹4644 cr	1.2%	7.0%	0.7x
2019-10	299.3x	₹4644 cr	1.2%	7.0%	0.7x
2019-09	287.1x	₹4644 cr	1.2%	7.0%	0.7x
2019-08	323.5x	₹4644 cr	1.2%	7.0%	0.7x
2019-07	396.9x	₹4644 cr	1.2%	7.0%	0.7x
2019-06	449.0x	₹4644 cr	1.2%	7.0%	0.7x
2019-05	—	₹4219 cr	1.2%	7.0%	0.7x
2019-04	—	₹4219 cr	1.2%	7.0%	0.7x
2019-03	—	₹4219 cr	1.2%	7.0%	0.7x

Methodology and data notes