अApnaFunda

AXIS BANK LIMITED (AXISBANK)

Finance · Major Banks · 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.77 / 100
Profitability 65Growth 89
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.39 / 100
Price 76Earnings 29FII/DII 13

Share price

Closing priceAdjusted for splits and bonus issues.

₹1,310.7 latest close · −2.3% over the last 90 sessions

₹1,200₹1,250₹1,300₹1,350Jul 3Jul 29Aug 24Sep 17Oct 14Nov 9 ₹1,200₹1,250₹1,300₹1,350Jul 3Sep 4Nov 9

₹1,310.7 month-end · +2.4% over 12 months

₹1,200₹1,300₹1,400Nov '25Jan '26Apr '26Jun '26Sep '26Nov '26 ₹1,200₹1,300₹1,400Nov '25May '26Nov '26

₹1,310.7 month-end · +22.0% over 3 years

₹1,000₹1,200₹1,400Nov '23Jun '24Jan '25Sep '25Apr '26Nov '26 ₹1,000₹1,200₹1,400Nov '23May '25Nov '26

₹1,310.7 month-end · +81.4% since Jan '19

₹500₹1,000Jan '19Aug '20Mar '22Sep '23Apr '25Nov '26 ₹500₹1,000Jan '19Dec '22Nov '26

52-week range ₹1150.30 to ₹1418.30 · 1-year volatility 25.0%

Was the rally earned?

+2%share price, 1 yearRoughly flat
  • The share price was roughly flat over 1 year (+2%).
  • The share count barely moved.
Net profit growth: −1 pts. Points of the price return explained by net profit growing (or shrinking).−1 ptsNet profit growthP/E change: +3 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+3 ptsP/E changeShare count change: 0 pts. Points of the price return explained by the share count changing. More shares count against the price.0 ptsShare count changeShare price: +2%+2%Share priceNet profit growth: −1 pts. Points of the price return explained by net profit growing (or shrinking).−1ProfitP/E change: +3 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+3P/EShare count change: 0 pts. Points of the price return explained by the share count changing. More shares count against the price.0SharesShare price: +2%+2%Share price
Net profit growth-1 ptsNet profit was little changed.
P/E change+3 ptsThe P/E rose from 14.2x to 14.7x, which lifts the price.
Share count change0 ptsShare count was little changed. More shares would count against the price.
+22%share price, 3 yearsLower P/E held it back

Mostly yes, with a catch.

  • Per-share earnings added 103 points, but investors now pay less per rupee of profit (P/E 30.6x to 14.7x), which took 81 points back.
  • The share count barely moved.
Net profit growth: +104 pts. Points of the price return explained by net profit growing (or shrinking).+104 ptsNet profit growthP/E change: −81 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−81 ptsP/E changeShare count change: 0 pts. Points of the price return explained by the share count changing. More shares count against the price.0 ptsShare count changeShare price: +22%+22%Share priceNet profit growth: +104 pts. Points of the price return explained by net profit growing (or shrinking).+104ProfitP/E change: −81 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−81P/EShare count change: 0 pts. Points of the price return explained by the share count changing. More shares count against the price.0SharesShare price: +22%+22%Share price
Net profit growth+104 ptsNet profit rose about 155%, which lifts the price.
P/E change-81 ptsThe P/E fell from 30.6x to 14.7x, which lowers the price.
Share count change0 ptsShare count was little changed. More shares would count against the price.
+100%share price, 5 yearsLower P/E held it back

Mostly yes, with a catch.

  • Per-share earnings added 193 points, but investors now pay less per rupee of profit (P/E 27.9x to 14.7x), which took 93 points back.
  • The share count barely moved.
Net profit growth: +194 pts. Points of the price return explained by net profit growing (or shrinking).+194 ptsNet profit growthP/E change: −93 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−93 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: +100%+100%Share priceNet profit growth: +194 pts. Points of the price return explained by net profit growing (or shrinking).+194ProfitP/E change: −93 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−93P/EShare count change: −1 pts. Points of the price return explained by the share count changing. More shares count against the price.−1SharesShare price: +100%+100%Share price
Net profit growth+194 ptsNet profit rose about 284%, which lifts the price.
P/E change-93 ptsThe P/E fell from 27.9x to 14.7x, 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 HDFC BANK

How rough has the ride been?

Maximum drawdown-63.2%recovered 2021-10
1-year volatility25.0%annualised
Beta vs sector index0.793-year daily, correlation 0.60
Volume spikes0last 90 sessions, 5x the 50-day median

Drawdown from peak

0%−20%−40%−60%2020202120222023202420252026−60.4% 0%−20%−40%−60%2020202220242026−60.4%
Largest drawdowns

-63.2% (2019-06 peak to 2020-03 low, recovered 2021-10)

-28.0% (2024-07 peak to 2025-01 low, recovered 2026-01)

-26.0% (2021-10 peak to 2022-06 low, recovered 2022-10)

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?

1.9xP/B todayNear its historic low
Against its own history19th percentile
CheapestMedian 2.3xDearest

Usual range 1.7x to 2.8x since 2019-01.

Against Finance1.9x vs 1.5x
This company
1.9x
Sector median
1.5x

25% above the Finance median.

0.6x1.5x2.4x3.3xJan '19Aug '20Mar '22Oct '23May '25Nov '260.6x1.5x2.4x3.3xJan '19Sep '21May '24Nov '26
P/B (this company)10th to 90th percentile of its own historyIts medianFinance median

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

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P/S (this company)10th to 90th percentile of its own historyIts medianFinance median
How to read this

Shaded band: 10th to 90th percentile of the company's own P/B 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 Finance is valued

Where does it rank among Finance peers?

Each cell is the company's percentile rank among its Finance peers (banks and 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

  • ROE (approx.)65th▼ 15 pts vs a year ago
  • EPS growth16th▼ 28 pts vs a year ago
  • P/B ↓40th▼ 5 pts vs a year ago
  • 12M momentum65thflat vs a year ago
  • FII + DII98thflat vs a year ago

Rank history

ROE (approx.)
EPS growth
P/B ↓
12M momentum
FII + DII
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 Finance sector page Watch it move against Finance in the Observatory

What is the price implying?

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

At normalised P/E (five-year average earnings) of 19.3x, a holder earning 12%/yr needs earnings to grow about 14.8%/yr for 10 years, then trade at 15x.

Delivered31.8%/yrEPS, last 10 fiscal years · 3-yr avg to 3-yr avg
Gap−17.0 ptsimplied minus delivered
Rank48thmost demanding of 63 financials

Over time

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

-30%1%32% Jan 2019Nov 2026 -30%1%32% Jan 2019Nov 2026

Change the assumptions

Exit P/E / return11%12%13%
12x16.3%17.3%18.4%
15x13.7%14.8%15.8%
20x10.5%11.5%12.5%

Drag a slider to test other assumptions

Implied: 14.8%/yr

Looking back

  • Jan 2020Price implied 22%/yr; EPS has since grown 23%/yr (7.0 yrs)
  • Jan 2021Price implied 26%/yr; EPS has since grown 53%/yr (6.0 yrs)
  • Jan 2022Price implied 30%/yr; EPS has since grown 29%/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 Finance The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov
₹1310.70
P/E
14.7x
Market Cap
₹4.08L cr
Revenue (TTM)
₹1.36L cr
P/S
3.0x
P/B
1.9x
ROE
13.0%
Debt / Equity
1.3x
Promoter Holding
7.9%
12M Momentum
2.4%

52-week range

₹1150.30₹1418.30
60% of the way from its 52-week low to its high

Price risk

1Y volatility
25.0%
Beta vs sector
1-year daily
0.89

Balance sheet & cash

Share count, 1Y
+0.5%

Are profits backed by cash?

1 of 1checks within rangeAll clear
Tax rate25%Within range

Median quarterly effective tax rate over about 2.5 years: 25.0%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Tap a check to see how it is measured

Cash conversion and receivable days are not meaningful for banks and NBFCs, so only the other-income and tax-rate checks are shown.

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 2 years, FIIs trimmed 14.8 pts; DIIs added 13.9 pts.
  • The number of shareholders rose from 7.9 lakh to 8.4 lakh (+7%) between Dec 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupDec '23Jun '26Change
Promoters8.2%7.9%-0.3 pts
FIIs54.7%39.9%-14.8 pts
DIIs28.8%42.7%+13.9 pts
Public and others8.3%9.5%+1.3 pts

Number of shareholders

8.4 lakhshareholders+7% since Dec '23
7.7L8.2L8.8L9.4L Dec '23Jun '24Dec '24Jun '25Dec '25Jun '26
Dec '23: 7.9 lakh
Mar '24: 7.9 lakh
Jun '24: 7.7 lakh
Sep '24: 8.3 lakh
Dec '24: 9.0 lakh
Mar '25: 9.4 lakh
Jun '25: 8.9 lakh
Sep '25: 9.2 lakh
Dec '25: 8.6 lakh
Mar '26: 8.5 lakh
Jun '26: 8.4 lakh
7.7L8.2L8.8L9.4L Dec '23Dec '24Dec '25Jun '26
Dec '23: 7.9 lakh
Mar '24: 7.9 lakh
Jun '24: 7.7 lakh
Sep '24: 8.3 lakh
Dec '24: 9.0 lakh
Mar '25: 9.4 lakh
Jun '25: 8.9 lakh
Sep '25: 9.2 lakh
Dec '25: 8.6 lakh
Mar '26: 8.5 lakh
Jun '26: 8.4 lakh

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

+2.5%typical 12-month return vs the marketNot meaningfully different from the base rate
  • We found 50 past situations where a bank, NBFC or insurer looked like AXIS BANK LIMITED today on valuation, return on capital, growth, price momentum, size and volatility.
  • Over the following 12 months the middle half of them returned −24% to +24% vs the market, against −2% for all financial companies in the same months.
  • The gap against the base rate (+4.3%, 80% range −1.8% to +15.5%) is within what chance and overlapping periods produce.

Where the 50 outcomes landed

−100%−50%0%+50%+100%
INDUSINDBK · Mar 2024: −59.6% vs market
DCBBANK · Jan 2020: −52.8% vs market
RBLBANK · Dec 2023: −51.9% vs market
IIFL · Jul 2023: −47.7% vs market
IDFCFIRSTB · Sep 2023: −46.4% vs market
EQUITASBNK · Oct 2023: −45.9% vs market
APTUS · Feb 2025: −32.8% vs market
CUB · Apr 2020: −27.7% vs market
HDFCBANK · Sep 2025: −25.9% vs market
LICHSGFIN · May 2021: −25.3% vs market
CANBK · Mar 2024: −24.0% vs market
BANDHANBNK · Feb 2022: −23.9% vs market
PFC · Nov 2020: −23.8% vs market
PNBHOUSING · Feb 2021: −23.1% vs market
SBIN · Nov 2022: −18.0% vs market
AAVAS · Dec 2024: −17.4% vs market
AADHARHFC · Oct 2025: −12.9% vs market
M&MFIN · Oct 2025: −10.4% vs market
CHOLAHLDNG · Apr 2021: −7.7% vs market
CSBBANK · May 2025: −5.4% vs market
RECLTD · May 2020: −5.3% vs market
YESBANK · Sep 2025: −2.0% vs market
KOTAKBANK · Aug 2025: −0.7% vs market
BANKBARODA · May 2023: +1.0% vs market
PNB · Sep 2025: +2.5% vs market
CREDITACC · Mar 2021: +2.5% vs market
MASFIN · May 2025: +2.6% vs market
BAJFINANCE · May 2022: +5.3% vs market
ICICIBANK · Jun 2021: +12.0% vs market
UNIONBANK · May 2025: +15.7% vs market
CANFINHOME · Dec 2024: +16.0% vs market
SUNDARMFIN · May 2023: +17.4% vs market
FEDFINA · Feb 2025: +18.5% vs market
SHRIRAMFIN · Jun 2024: +18.9% vs market
UJJIVANSFB · Jun 2025: +20.2% vs market
IDBI · Jul 2023: +21.3% vs market
SBICARD · Dec 2024: +23.0% vs market
CHOLAFIN · Feb 2020: +24.4% vs market
IRFC · May 2022: +39.1% vs market
MANAPPURAM · Jul 2025: +39.5% vs market
MAHABANK · Jun 2020: +41.3% vs market
MUTHOOTFIN · Jun 2024: +43.1% vs market
LTF · Jul 2025: +45.8% vs market
IOB · Nov 2022: +55.7% vs market
CENTRALBK · Nov 2022: +56.9% vs market
KARURVYSYA · Feb 2025: +64.9% vs market
UCOBANK · Nov 2022: +67.2% vs market
FEDERALBNK · Jul 2025: +68.3% vs market
INDIANB · Feb 2025: +68.5% vs market
PSB · Nov 2022: +72.2% vs market
Similar setups +2.5%All companies −1.8%← 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

Similar setups' median
+2.5%
All companies' median
−1.8%
Beat the market
54% vs 48%

50 past situations · 50 companies · 29 months · 2020–2025

The closest matches

CompanyWhenP/EP/B12M mom.DrawdownNext 12 months
SBIN
Finance
Nov 2022 15x1.8x +31%−2% −18%
KOTAKBANK
Finance
Aug 2025 18x2.5x +10%−14% −1%
INDUSINDBK
Finance
Mar 2024 16x2.2x +45%−8% −60%
ICICIBANK
Finance
Jun 2021 24x2.9x +80%−6% +12%
SHRIRAMFIN
Finance
Jun 2024 15x2.5x +68%−3% +19%
Show the other 3 matches
CompanyWhenP/EP/B12M mom.DrawdownNext 12 months
HDFCBANK
Finance
Sep 2025 21x2.8x +10%−6% −26%
MUTHOOTFIN
Finance
Jun 2024 17x3.0x +45%−2% +43%
FEDERALBNK
Finance
Jul 2025 12x1.4x +1%−7% +68%
How reliable is this?

Matched on P/E, P/B, ROE, 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/E. 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 AXIS BANK 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

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.

Finance
44%similar
ROEEPS growth
ICICI BANKICICIBANK
Finance
42%similar
market capvolatility
Finance
42%similar
ROEpromoter holding

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

What changed?

30 events since Mar '20

  1. JunPeer rankSlipped to the 2nd quartile of Finance on ROE (from the top quartile).
  2. JanPriceRegained the 2024-07 peak, 12 months after the low.
  3. DecResultsYear-on-year EPS growth turned negative.
  4. JulPriceVolume reached 8.0x its 50-day median on 2025-07-18; price -5.2% that day.
  5. JunPeer rankSlipped to the 3rd quartile of Finance on EPS growth (from the top quartile).
  6. JanPriceFell 28% from the Jul 2024 peak to the Jan 2025 low.
  7. JunResultsYear-on-year EPS growth turned positive.
  8. JunPeer rankMoved into the top quartile of Finance on ROE (from the 3rd quartile).
Show 22 earlier events
  1. JunDividendDividend payout cut from 3% to 1% of profit.
  2. AprPriceVolume reached 5.1x its 50-day median on 2024-04-25; price +6.0% that day.
  3. JunResultsYear-on-year EPS growth turned negative.
  4. JunPeer rankSlipped to the 3rd quartile of Finance on ROE (from the 2nd quartile).
  5. OctPriceRegained the 2021-10 peak, 4 months after the low.
  6. OctPriceVolume reached 6.4x its 50-day median on 2022-10-21; price +9.0% that day.
  7. JunResultsRevenue (TTM) reached a new high of ₹68,846 cr.
  8. JunPriceFell 26% from the Oct 2021 peak to the Jun 2022 low.
  9. JunPeer rankMoved into the 2nd quartile of Finance on ROE (from the 3rd quartile).
  10. JunDividendStarted paying a dividend (payout 2% of profit).
  11. OctPriceRegained the 2019-06 peak, 19 months after the low.
  12. OctPriceVolume reached 6.2x its 50-day median on 2021-10-27; price -6.5% that day.
  13. JulSharesShare count is up 8.7% over 12 months.
  14. JunResultsYear-on-year EPS growth turned positive.
  15. JunPeer rankMoved into the 3rd quartile of Finance on ROE (from the bottom quartile).
  16. JanPeer rankSlipped to the bottom quartile of Finance on ROE (from the 3rd quartile).
  17. JunResultsYear-on-year EPS growth turned negative.
  18. JunPeer rankSlipped to the bottom quartile of Finance on EPS growth (from the top quartile).
  19. JunDividendDividend payout cut from 5% to 0% of profit.
  20. JunSharesShare count is up 9.7% over 12 months.
  21. AprPriceVolume reached 6.0x its 50-day median on 2020-04-08; price +0.6% that day.
  22. MarPriceFell 63% from the Jun 2019 peak to the Mar 2020 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
MonthP/ERevenue (TTM)ROEDebt / Equity
2026-1114.7x₹1.36L cr13.0%1.3x
2026-1013.6x₹1.36L cr13.0%1.3x
2026-0913.7x₹1.36L cr13.0%1.3x
2026-0815.3x₹1.33L cr13.0%1.3x
2026-0714.5x₹1.33L cr13.0%1.3x
2026-0615.8x₹1.33L cr13.0%1.3x
2026-0515.2x₹1.31L cr16.0%1.2x
2026-0415.0x₹1.31L cr16.0%1.2x
2026-0313.7x₹1.31L cr16.0%1.2x
2026-0216.5x₹1.29L cr16.0%1.2x
2026-0116.3x₹1.29L cr16.0%1.2x
2025-1215.1x₹1.29L cr16.0%1.2x
2025-1114.2x₹1.29L cr16.0%1.2x
2025-1013.7x₹1.29L cr16.0%1.2x
2025-0912.6x₹1.29L cr16.0%1.2x
2025-0811.5x₹1.27L cr16.0%1.2x
2025-0711.8x₹1.27L cr16.0%1.2x
2025-0613.2x₹1.27L cr16.0%1.2x
2025-0513.1x₹1.25L cr18.0%1.5x
2025-0413.0x₹1.25L cr18.0%1.5x
2025-0312.1x₹1.25L cr18.0%1.5x
2025-0211.2x₹1.22L cr18.0%1.5x
2025-0110.9x₹1.22L cr18.0%1.5x
2024-1211.8x₹1.22L cr18.0%1.5x
2024-1113.1x₹1.18L cr18.0%1.5x
2024-1013.4x₹1.18L cr18.0%1.5x
2024-0914.2x₹1.18L cr18.0%1.5x
2024-0813.7x₹1.13L cr18.0%1.5x
2024-0713.6x₹1.13L cr18.0%1.5x
2024-0614.8x₹1.13L cr18.0%1.5x
2024-0533.1x₹87448 cr9.0%1.6x
2024-0433.2x₹87448 cr9.0%1.6x
2024-0329.8x₹87448 cr9.0%1.6x
2024-0230.6x₹87448 cr9.0%1.6x
2024-0130.4x₹87448 cr9.0%1.6x
2023-1231.4x₹87448 cr9.0%1.6x
2023-1130.6x₹87448 cr9.0%1.6x
2023-1027.9x₹87448 cr9.0%1.6x
2023-0929.5x₹87448 cr9.0%1.6x
2023-0827.7x₹87448 cr9.0%1.6x
2023-0727.1x₹87448 cr9.0%1.6x
2023-0628.1x₹87448 cr9.0%1.6x
2023-0519.9x₹68846 cr13.0%1.7x
2023-0418.7x₹68846 cr13.0%1.7x
2023-0318.7x₹68846 cr13.0%1.7x
2023-0218.4x₹68846 cr13.0%1.7x
2023-0119.0x₹68846 cr13.0%1.7x
2022-1220.3x₹68846 cr13.0%1.7x
2022-1119.6x₹68846 cr13.0%1.7x
2022-1019.7x₹68846 cr13.0%1.7x
2022-0915.9x₹68846 cr13.0%1.7x
2022-0816.3x₹68846 cr13.0%1.7x
2022-0715.8x₹68846 cr13.0%1.7x
2022-0613.8x₹68846 cr13.0%1.7x
2022-0529.2x₹64397 cr8.0%1.5x
2022-0431.0x₹64397 cr8.0%1.5x
2022-0332.4x₹64397 cr8.0%1.5x
2022-0231.6x₹64397 cr8.0%1.5x
2022-0132.9x₹64397 cr8.0%1.5x
2021-1228.9x₹64397 cr8.0%1.5x
2021-1127.9x₹64397 cr8.0%1.5x
2021-1031.6x₹64397 cr8.0%1.5x
2021-0932.6x₹64397 cr8.0%1.5x
2021-0833.5x₹64397 cr8.0%1.5x
2021-0730.2x₹64397 cr8.0%1.5x
2021-0631.9x₹64397 cr8.0%1.5x
2021-05114.3x₹63716 cr2.0%1.8x
2021-04108.8x₹63716 cr2.0%1.8x
2021-03106.2x₹63716 cr2.0%1.8x
2021-02110.3x₹63716 cr2.0%1.8x
2021-01100.9x₹63716 cr2.0%1.8x
2020-1294.4x₹63716 cr2.0%1.8x
2020-1191.6x₹63716 cr2.0%1.8x
2020-1075.0x₹63716 cr2.0%1.8x
2020-0964.6x₹63716 cr2.0%1.8x
2020-0875.6x₹63716 cr2.0%1.8x
2020-0765.7x₹63716 cr2.0%1.8x
2020-0661.9x₹63716 cr2.0%1.8x
2020-0519.7x₹56044 cr8.0%2.4x
2020-0422.7x₹56044 cr8.0%2.4x
2020-0319.3x₹56044 cr8.0%2.4x
2020-0235.6x₹56044 cr8.0%2.4x
2020-0137.2x₹56044 cr8.0%2.4x
2019-1238.5x₹56044 cr8.0%2.4x
2019-1137.7x₹56044 cr8.0%2.4x
2019-1037.6x₹56044 cr8.0%2.4x
2019-0935.0x₹56044 cr8.0%2.4x
2019-0833.9x₹56044 cr8.0%2.4x
2019-0734.4x₹56044 cr8.0%2.4x
2019-0641.3x₹56044 cr8.0%2.4x
2019-05454.1x₹46614 cr1.0%2.4x
2019-04430.8x₹46614 cr1.0%2.4x
2019-03436.7x₹46614 cr1.0%2.4x
2019-02398.6x₹46614 cr1.0%2.4x
2019-01406.0x₹46614 cr1.0%2.4x

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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