Share price
₹1,279.6 latest close · −17.8% over the last 90 sessions
₹1,279.6 month-end · −30.3% over 12 months
₹1,279.6 month-end · −6.0% over 3 years
₹1,279.6 month-end · +6.2% since Jan '19
52-week range ₹1107.50 to ₹2048.00 · 1-year volatility 34.2%
Was the rally earned?
Earnings helped, the multiple did not.
- Per-share earnings added 10 points, but investors now pay less per rupee of profit (P/E 11.2x to 6.9x), which took 41 points back.
- The share count rose 3%.
Mostly yes, with a catch.
- Per-share earnings added 142 points, but investors now pay less per rupee of profit (P/E 18.8x to 6.9x), which took 113 points back.
- The share count fell 42%.
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 3 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.
How rough has the ride been?
Drawdown from peak
Largest drawdowns
-60.9% (2024-10 peak to 2026-10 low, not yet recovered)
-56.4% (2019-03 peak to 2020-03 low, recovered 2020-08)
-48.6% (2020-08 peak to 2023-03 low, recovered 2023-12)
Most recent volume spikes
2026-09-29: 7.6x the 50-day median, price -4.3% that day
2026-09-18: 86.9x the 50-day median, price +8.1% that day
2026-09-01: 7.7x the 50-day median, price +2.4% 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 9.2x to 97.6x since 2019-01.
74% below the Consumer Non-Durables 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 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
- ROCE91stflat vs a year ago
- Op. margin66thflat vs a year ago
- Revenue growth46thflat vs a year ago
- EPS growth51stflat vs a year ago
- Debt/equity ↓59th▲ 9 pts vs a year ago
- Cash cycle ↓94thflat vs a year ago
- P/E ↓95thflat vs a year ago
- 12M momentum21st▼ 15 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 Consumer Non-Durables sector page Watch it move against Consumer Non-Durables in the Observatory
What is the price implying?
At normalised P/E (five-year average earnings) of 13.3x, a holder earning 12%/yr needs earnings to grow about 9.9%/yr for 10 years, then trade at 15x.
Over time
Implied growth by month (solid) and delivered growth (dashed).
Change the assumptions
| Exit P/E / return | 11% | 12% | 13% |
|---|---|---|---|
| 12x | 11.3% | 12.3% | 13.3% |
| 15x | 8.9% | 9.9% | 10.9% |
| 20x | 5.9% | 6.9% | 7.9% |
Drag a slider to test other assumptions
Implied: 9.9%/yrLooking back
- Jan 2020Price implied 14%/yr; EPS has since grown 11%/yr (7.0 yrs)
- Jan 2021Price implied 14%/yr; EPS has since grown 12%/yr (6.0 yrs)
- Jan 2022Price implied 18%/yr; EPS has since grown 14%/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
- ₹1279.60
- P/E
- 6.9x
- ROCE
- 33.0%
- Market Cap
- ₹8929 cr
- Revenue (TTM)
- ₹19916 cr
- P/S
- 0.4x
- P/B
- 1.3x
- ROE
- 18.3%
- Operating Margin
- 16.0%
- Debt / Equity
- 0.2x
- Promoter Holding
- 74.0%
- 12M Momentum
- -30.3%
52-week range
Price risk
Balance sheet & cash
Are profits backed by cash?
Other income reliance12%Within range
Other income as a share of pre-tax profit (trailing twelve months): 12.1%. Bands: below 15%, 15% to 35%, above 35%.
Tax rate27%Within range
Median quarterly effective tax rate over about 2.5 years: 27.0%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.
Cash conversion1.04xWithin range
Operating cash flow divided by net profit over the last three fiscal years: 1.04x (cash from operations ₹6,696 cr, net profit ₹6,435 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 history0 daysWithin range
Debtor days are below the median of the previous three fiscal years by 0 days (10 vs 10). Bands: under 15 days, 15 to 45, over 45.
Capital work in progress1% of fixed assetsWithin range
Capital work-in-progress is 1% 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, FIIs added 1.2 pts.
- The number of shareholders rose from 38,086 to 48,630 (+28%) 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 THE BOMBAY BURMAH TRADING CORP 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 −23% to +34% vs the market, against −5% for all non-financial companies in the same months.
- The gap against the base rate (+3.1%, 80% range −6.2% to +13.9%) 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 · 2 beyond the range shown, drawn at the edge
50 past situations · 50 companies · 32 months · 2020–2025
The closest matches
| Company | When | P/E | ROCE | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| GSPL Industrial Services |
Apr 2022 | 9x | 31% | −3% | −30% | +10% |
| WSTCSTPAPR Producer Manufacturing |
Aug 2024 | 6x | 29% | +4% | −22% | −11% |
| SIYSIL Process Industries |
Mar 2024 | 8x | 28% | +6% | −29% | +44% |
| HERITGFOOD Consumer Non-Durables |
May 2022 | 9x | 31% | −13% | −45% | +32% |
| VENKEYS Process Industries |
May 2022 | 11x | 32% | −14% | −45% | −26% |
Show the other 3 matches
| Company | When | P/E | ROCE | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| GHCL Process Industries |
Apr 2024 | 5x | 36% | +6% | −21% | +12% |
| WELCORP Producer Manufacturing |
Jul 2021 | 5x | 20% | +58% | −12% | +52% |
| JINDALPOLY Process Industries |
Dec 2022 | 3x | 37% | −23% | −40% | −37% |
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, 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.
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 '24
- OctPriceFell 61% from the Oct 2024 peak to the Oct 2026 low.
- AugPriceVolume reached 555.5x its 50-day median on 2026-08-27; price +13.1% that day.
- JunPeer rankSlipped to the 2nd quartile of Consumer Non-Durables on operating margin (from the top quartile).
- AprPriceVolume reached 7.2x its 50-day median on 2026-04-08; price +2.9% that day.
- MarResultsYear-on-year EPS growth turned positive.
- FebPriceVolume reached 6.6x its 50-day median on 2026-02-11; price +2.6% that day.
- JanValuationP/E fell below the 10th percentile of its own history to date (10.6x).
- DecResultsYear-on-year EPS growth turned negative.
Show 22 earlier events
- DecPeer rankMoved into the top quartile of Consumer Non-Durables on operating margin (from the 2nd quartile).
- NovPriceVolume reached 138.3x its 50-day median on 2025-11-18; price +9.8% that day.
- SepPeer rankSlipped to the 2nd quartile of Consumer Non-Durables on operating margin (from the top quartile).
- AugValuationP/E fell below the 10th percentile of its own history to date (10.9x).
- JulPriceVolume reached 6.4x its 50-day median on 2025-07-23; price +1.8% that day.
- JunResultsYear-on-year EPS growth turned positive.
- JunPeer rankMoved into the top quartile of Consumer Non-Durables on EPS growth (from the bottom quartile).
- JunPriceVolume reached 16.0x its 50-day median on 2025-06-12; price -1.3% that day.
- MarPeer rankMoved into the top quartile of Consumer Non-Durables on operating margin (from the 2nd quartile).
- FebValuationP/E fell below the 10th percentile of its own history to date (9.5x).
- FebDebtDebt / equity halved over 12 months to 0.46x.
- JanPriceVolume reached 25.3x its 50-day median on 2025-01-22; price +12.6% that day.
- OctPriceVolume reached 5.6x its 50-day median on 2024-10-21; price +4.4% that day.
- SepPeer rankSlipped to the 2nd quartile of Consumer Non-Durables on operating margin (from the top quartile).
- JulDebtDebt / equity halved over 12 months to 0.46x.
- JulPriceVolume reached 95.9x its 50-day median on 2024-07-09; price +18.6% that day.
- JunResultsEPS (TTM) turned positive.
- JunPeer rankMoved into the top quartile of Consumer Non-Durables on ROCE (from the 2nd quartile).
- JunDebtDebt / equity fell below 1.0x (0.46x).
- JunDividendStarted paying a dividend (payout 1% of profit).
- JunPriceVolume reached 113.2x its 50-day median on 2024-06-24; price +19.6% that day.
- JanPriceVolume reached 10.5x its 50-day median on 2024-01-04; price +6.8% 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 history95 months · 2019-01 to 2026-11
| Month | P/E | Revenue (TTM) | ROE | ROCE | Debt / Equity |
|---|---|---|---|---|---|
| 2026-11 | 6.9x | ₹19916 cr | 18.3% | 33.0% | 0.2x |
| 2026-10 | 6.2x | ₹19916 cr | 18.3% | 33.0% | 0.2x |
| 2026-09 | 7.3x | ₹19916 cr | 18.3% | 33.0% | 0.2x |
| 2026-08 | 8.4x | ₹19539 cr | 17.7% | 33.0% | 0.2x |
| 2026-07 | 8.4x | ₹19539 cr | 17.7% | 33.0% | 0.2x |
| 2026-06 | 8.6x | ₹19539 cr | 17.7% | 33.0% | 0.2x |
| 2026-05 | 9.5x | ₹19240 cr | 20.4% | 35.0% | 0.3x |
| 2026-04 | 9.5x | ₹19240 cr | 20.4% | 35.0% | 0.3x |
| 2026-03 | 8.3x | ₹19240 cr | 20.4% | 35.0% | 0.3x |
| 2026-02 | 10.5x | ₹18859 cr | 20.2% | 35.0% | 0.3x |
| 2026-01 | 10.6x | ₹18859 cr | 20.2% | 35.0% | 0.3x |
| 2025-12 | 11.7x | ₹18859 cr | 20.2% | 35.0% | 0.3x |
| 2025-11 | 11.2x | ₹18677 cr | 19.7% | 35.0% | 0.3x |
| 2025-10 | 12.1x | ₹18677 cr | 19.7% | 35.0% | 0.3x |
| 2025-09 | 10.8x | ₹18677 cr | 19.7% | 35.0% | 0.3x |
| 2025-08 | 10.9x | ₹18298 cr | 19.5% | 35.0% | 0.3x |
| 2025-07 | 11.8x | ₹18298 cr | 19.5% | 35.0% | 0.3x |
| 2025-06 | 12.5x | ₹18298 cr | 19.5% | 35.0% | 0.3x |
| 2025-05 | 12.8x | ₹17941 cr | 23.1% | 28.0% | 0.5x |
| 2025-04 | 11.9x | ₹17941 cr | 23.1% | 28.0% | 0.5x |
| 2025-03 | 11.2x | ₹17941 cr | 23.1% | 28.0% | 0.5x |
| 2025-02 | 9.5x | ₹17593 cr | 24.2% | 28.0% | 0.5x |
| 2025-01 | 12.2x | ₹17593 cr | 24.2% | 28.0% | 0.5x |
| 2024-12 | 12.2x | ₹17593 cr | 24.2% | 28.0% | 0.5x |
| 2024-11 | 15.5x | ₹17356 cr | 23.1% | 28.0% | 0.5x |
| 2024-10 | 17.8x | ₹17356 cr | 23.1% | 28.0% | 0.5x |
| 2024-09 | 18.4x | ₹17356 cr | 23.1% | 28.0% | 0.5x |
| 2024-08 | 24.6x | ₹17110 cr | 18.8% | 28.0% | 0.5x |
| 2024-07 | 22.5x | ₹17110 cr | 18.8% | 28.0% | 0.5x |
| 2024-06 | 20.0x | ₹17110 cr | 18.8% | 28.0% | 0.5x |
| 2024-05 | — | ₹16623 cr | -6.6% | 16.0% | 1.6x |
| 2024-04 | — | ₹16623 cr | -6.6% | 16.0% | 1.6x |
| 2024-03 | — | ₹16623 cr | -6.6% | 16.0% | 1.6x |
| 2024-02 | — | ₹16623 cr | -6.6% | 16.0% | 1.6x |
| 2024-01 | — | ₹16623 cr | -6.6% | 16.0% | 1.6x |
| 2023-12 | — | ₹16623 cr | -6.6% | 16.0% | 1.6x |
| 2023-11 | — | ₹16623 cr | -6.6% | 16.0% | 1.6x |
| 2023-10 | — | ₹16623 cr | -6.6% | 16.0% | 1.6x |
| 2023-09 | — | ₹16623 cr | -6.6% | 16.0% | 1.6x |
| 2023-08 | — | ₹16623 cr | -6.6% | 16.0% | 1.6x |
| 2023-07 | — | ₹16623 cr | -6.6% | 16.0% | 1.6x |
| 2023-06 | — | ₹16623 cr | -6.6% | 16.0% | 1.6x |
| 2023-05 | 105.4x | ₹14507 cr | 7.3% | 15.0% | 1.1x |
| 2023-04 | 114.1x | ₹14507 cr | 7.3% | 15.0% | 1.1x |
| 2023-03 | 89.3x | ₹14507 cr | 7.3% | 15.0% | 1.1x |
| 2023-02 | 97.7x | ₹14507 cr | 7.3% | 15.0% | 1.1x |
| 2023-01 | 97.2x | ₹14507 cr | 7.3% | 15.0% | 1.1x |
| 2022-12 | 99.8x | ₹14507 cr | 7.3% | 15.0% | 1.1x |
| 2022-11 | 105.7x | ₹14507 cr | 7.3% | 15.0% | 1.1x |
| 2022-10 | 96.1x | ₹14507 cr | 7.3% | 15.0% | 1.1x |
| 2022-09 | 100.8x | ₹14507 cr | 7.3% | 15.0% | 1.1x |
| 2022-08 | 100.0x | ₹14507 cr | 7.3% | 15.0% | 1.1x |
| 2022-07 | 104.6x | ₹14507 cr | 7.3% | 15.0% | 1.1x |
| 2022-06 | 99.4x | ₹14507 cr | 7.3% | 15.0% | 1.1x |
| 2022-05 | 18.8x | ₹13396 cr | 11.6% | 24.0% | 0.5x |
| 2022-04 | 18.9x | ₹13396 cr | 11.6% | 24.0% | 0.5x |
| 2022-03 | 16.3x | ₹13396 cr | 11.6% | 24.0% | 0.5x |
| 2022-02 | 18.1x | ₹13396 cr | 11.6% | 24.0% | 0.5x |
| 2022-01 | 20.6x | ₹13396 cr | 11.6% | 24.0% | 0.5x |
| 2021-12 | 20.9x | ₹13396 cr | 11.6% | 24.0% | 0.5x |
| 2021-11 | 18.8x | ₹13396 cr | 11.6% | 24.0% | 0.5x |
| 2021-10 | 20.4x | ₹13396 cr | 11.6% | 24.0% | 0.5x |
| 2021-09 | 21.7x | ₹13396 cr | 11.6% | 24.0% | 0.5x |
| 2021-08 | 22.5x | ₹13396 cr | 11.6% | 24.0% | 0.5x |
| 2021-07 | 23.4x | ₹13396 cr | 11.6% | 24.0% | 0.5x |
| 2021-06 | 25.0x | ₹13396 cr | 11.6% | 24.0% | 0.5x |
| 2021-05 | 15.2x | ₹11889 cr | 12.5% | 24.0% | 0.4x |
| 2021-04 | 13.5x | ₹11889 cr | 12.5% | 24.0% | 0.4x |
| 2021-03 | 12.9x | ₹11889 cr | 12.5% | 24.0% | 0.4x |
| 2021-02 | 13.5x | ₹11889 cr | 12.5% | 24.0% | 0.4x |
| 2021-01 | 14.1x | ₹11889 cr | 12.5% | 24.0% | 0.4x |
| 2020-12 | 15.1x | ₹11889 cr | 12.5% | 24.0% | 0.4x |
| 2020-11 | 15.4x | ₹11889 cr | 12.5% | 24.0% | 0.4x |
| 2020-10 | 14.1x | ₹11889 cr | 12.5% | 24.0% | 0.4x |
| 2020-09 | 15.2x | ₹11889 cr | 12.5% | 24.0% | 0.4x |
| 2020-08 | 15.7x | ₹11889 cr | 12.5% | 24.0% | 0.4x |
| 2020-07 | 14.7x | ₹11889 cr | 12.5% | 24.0% | 0.4x |
| 2020-06 | 12.3x | ₹11889 cr | 12.5% | 24.0% | 0.4x |
| 2020-05 | 10.2x | ₹11423 cr | 13.4% | 27.0% | 0.2x |
| 2020-04 | 10.2x | ₹11423 cr | 13.4% | 27.0% | 0.2x |
| 2020-03 | 8.2x | ₹11423 cr | 13.4% | 27.0% | 0.2x |
| 2020-02 | 12.0x | ₹11423 cr | 13.4% | 27.0% | 0.2x |
| 2020-01 | 12.7x | ₹11423 cr | 13.4% | 27.0% | 0.2x |
| 2019-12 | 11.7x | ₹11423 cr | 13.4% | 27.0% | 0.2x |
| 2019-11 | 12.4x | ₹11423 cr | 13.4% | 27.0% | 0.2x |
| 2019-10 | 13.4x | ₹11423 cr | 13.4% | 27.0% | 0.2x |
| 2019-09 | 12.8x | ₹11423 cr | 13.4% | 27.0% | 0.2x |
| 2019-08 | 10.1x | ₹11423 cr | 13.4% | 27.0% | 0.2x |
| 2019-07 | 9.1x | ₹11423 cr | 13.4% | 27.0% | 0.2x |
| 2019-06 | 10.5x | ₹11423 cr | 13.4% | 27.0% | 0.2x |
| 2019-05 | 29.1x | ₹10238 cr | 9.7% | 21.0% | 0.3x |
| 2019-04 | 31.4x | ₹10238 cr | 9.7% | 21.0% | 0.3x |
| 2019-03 | 32.7x | ₹10238 cr | 9.7% | 21.0% | 0.3x |
| 2019-02 | 30.0x | ₹10238 cr | 9.7% | 21.0% | 0.3x |
| 2019-01 | 30.3x | ₹10238 cr | 9.7% | 21.0% | 0.3x |