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BOSCH LIMITED (BOSCHLTD)

Producer Manufacturing · Auto Parts: OEM · 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.76 / 100
Profitability 70Growth 59Balance sheet 100
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.65 / 100
Price 86Earnings 49FII/DII 59

Passes these screensDebt-light & profitableConsistent compounders

Compare withSAMVARDHANA MOTHERSON INTCUMMINS INDIAUNO Minda

Share price

Closing priceAdjusted for splits and bonus issues.

₹49,550 latest close · +18.3% over the last 90 sessions

₹40,000₹45,000₹50,000Jul 3Jul 29Aug 24Sep 17Oct 14Nov 9 ₹40,000₹45,000₹50,000Jul 3Sep 4Nov 9

₹49,550 month-end · +37.2% over 12 months

₹30,000₹40,000₹50,000Nov '25Jan '26Apr '26Jun '26Sep '26Nov '26 ₹30,000₹40,000₹50,000Nov '25May '26Nov '26

₹49,550 month-end · +129.4% over 3 years

₹20,000₹30,000₹40,000₹50,000Nov '23Jun '24Jan '25Sep '25Apr '26Nov '26 ₹20,000₹30,000₹40,000₹50,000Nov '23May '25Nov '26

₹49,550 month-end · +162.8% since Jan '19

₹20,000₹40,000Jan '19Aug '20Mar '22Sep '23Apr '25Nov '26 ₹20,000₹40,000Jan '19Dec '22Nov '26

52-week range ₹28610.00 to ₹52475.00 · 1-year volatility 30.1%

Was the rally earned?

+37%share price, 1 yearMultiple-driven

Partly.

  • Most of the rise came from investors paying a higher multiple (P/E 40.0x to 61.8x); per-share earnings took off 14 points.
  • The share count barely moved.
Net profit growth: −14 pts. Points of the price return explained by net profit growing (or shrinking).−14 ptsNet profit growthP/E change: +51 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+51 ptsP/E changeShare price: +37%+37%Share priceNet profit growth: −14 pts. Points of the price return explained by net profit growing (or shrinking).−14ProfitP/E change: +51 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+51P/EShare price: +37%+37%Share price
Net profit growth-14 ptsNet profit fell about 11%, which lowers the price.
P/E change+51 ptsThe P/E rose from 40.0x to 61.8x, which lifts the price.
Share count change0 ptsShare count was little changed. More shares would count against the price.
+129%share price, 3 yearsEarnings and multiple

Both mattered.

  • Per-share earnings added 79 points and the multiple added 51 points (P/E 44.7x to 61.8x).
  • The share count barely moved.
Net profit growth: +79 pts. Points of the price return explained by net profit growing (or shrinking).+79 ptsNet profit growthP/E change: +51 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+51 ptsP/E changeShare price: +129%+129%Share priceNet profit growth: +79 pts. Points of the price return explained by net profit growing (or shrinking).+79ProfitP/E change: +51 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+51P/EShare price: +129%+129%Share price
Net profit growth+79 ptsNet profit rose about 66%, which lifts the price.
P/E change+51 ptsThe P/E rose from 44.7x to 61.8x, which lifts the price.
Share count change0 ptsShare count was little changed. More shares would count against the price.
+207%share price, 5 yearsLower P/E held it back

Mostly yes, with a catch.

  • Per-share earnings added 293 points, but investors now pay less per rupee of profit (P/E 98.9x to 61.8x), which took 87 points back.
  • The share count barely moved.
Net profit growth: +293 pts. Points of the price return explained by net profit growing (or shrinking).+293 ptsNet profit growthP/E change: −87 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−87 ptsP/E changeShare price: +207%+207%Share priceNet profit growth: +293 pts. Points of the price return explained by net profit growing (or shrinking).+293ProfitP/E change: −87 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−87P/EShare price: +207%+207%Share price
Net profit growth+293 ptsNet profit rose about 390%, which lifts the price.
P/E change-87 ptsThe P/E fell from 98.9x to 61.8x, which lowers the price.
Share count change0 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 SAMVARDHANA MOTHERSON INT

How rough has the ride been?

Maximum drawdown-57.6%recovered 2023-05
1-year volatility30.1%annualised
Beta vs sector index0.653-year daily, correlation 0.50
Volume spikes0last 90 sessions, 5x the 50-day median

Drawdown from peak

0%−20%−40%2020202120222023202420252026−55.3% 0%−20%−40%2020202220242026−55.3%
Largest drawdowns

-57.6% (2019-01 peak to 2020-03 low, recovered 2023-05)

-32.5% (2024-10 peak to 2025-04 low, recovered 2025-07)

-30.7% (2025-09 peak to 2026-03 low, recovered 2026-07)

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?

61.8xP/E todayNear its historic high
Against its own history80th percentile
CheapestMedian 42.5xDearest

Usual range 28.9x to 88.5x since 2019-01.

Against Producer Manufacturing61.8x vs 29.6x
This company
61.8x
Sector median
29.6x

109% above the Producer Manufacturing median.

10.6x42.4x74.2x106.0xJan '19Aug '20Mar '22Oct '23May '25Nov '2610.6x42.4x74.2x106.0xJan '19Sep '21May '24Nov '26
P/E (this company)10th to 90th percentile of its own historyIts medianProducer Manufacturing median

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

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P/S (this company)10th to 90th percentile of its own historyIts medianProducer Manufacturing 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 Producer Manufacturing is valued

Where does it rank among Producer Manufacturing peers?

Each cell is the company's percentile rank among its Producer Manufacturing 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

  • ROCE76th▲ 7 pts vs a year ago
  • Op. margin65th▲ 7 pts vs a year ago
  • Revenue growth47th▼ 7 pts vs a year ago
  • EPS growth26th▼ 27 pts vs a year ago
  • Debt/equity ↓88thflat vs a year ago
  • Cash cycle ↓90thflat vs a year ago
  • P/E ↓17th▼ 23 pts vs a year ago
  • 12M momentum82nd▲ 11 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 Producer Manufacturing sector page Watch it move against Producer Manufacturing in the Observatory

What is the price implying?

~29%annual earnings growth implied by the priceAbove delivered growth

At normalised P/E (five-year average earnings) of 73.6x, a holder earning 12%/yr needs earnings to grow about 29.0%/yr for 10 years, then trade at 15x.

Delivered6.4%/yrEPS, last 10 fiscal years · 3-yr avg to 3-yr avg
Gap+22.6 ptsimplied minus delivered
Rank110thmost demanding of 856

Over time

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

-16%8%32% Jan 2019Nov 2026 -16%8%32% Jan 2019Nov 2026

Change the assumptions

Exit P/E / return11%12%13%
12x30.4%31.5%32.7%
15x27.8%29.0%30.1%
20x24.6%25.7%26.8%

Drag a slider to test other assumptions

Implied: 29.0%/yr

Looking back

  • Jan 2020Price implied 17%/yr; EPS has since grown 8%/yr (7.0 yrs)
  • Jan 2021Price implied 20%/yr; EPS has since grown 27%/yr (6.0 yrs)
  • Jan 2022Price implied 23%/yr; EPS has since grown 42%/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 Producer Manufacturing The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov
₹49550.00
P/E
61.8x
ROCE
22.0%
Market Cap
₹1.46L cr
Revenue (TTM)
₹21089 cr
P/S
6.9x
P/B
9.8x
ROE
15.9%
Operating Margin
14.0%
Debt / Equity
0.0x
Promoter Holding
70.5%
12M Momentum
37.2%

52-week range

₹28610.00₹52475.00
88% of the way from its 52-week low to its high

Price risk

1Y volatility
30.1%
Beta vs sector
1-year daily
0.83

Balance sheet & cash

Interest cover
operating profit ÷ interest
100.0x
Cash from profit, 3Y
operating cash flow ÷ net profit
0.80x
Share count, 1Y
unchanged

Are profits backed by cash?

5 of 7checks within range2 near a threshold
Other income reliance25%Near threshold

Other income as a share of pre-tax profit (trailing twelve months): 24.8%. Bands: below 15%, 15% to 35%, above 35%.

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%.

Cash conversion0.80xNear threshold

Operating cash flow divided by net profit over the last three fiscal years: 0.80x (cash from operations ₹5,806 cr, net profit ₹7,279 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 history+3 daysWithin range

Debtor days are above the median of the previous three fiscal years by 3 days (51 vs 48). Bands: under 15 days, 15 to 45, over 45.

Capital work in progress22% of fixed assetsWithin range

Capital work-in-progress is 22% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.

Payable days+12 days / 2 yrsWithin range

Days payable changed by +12 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, FIIs added 3.5 pts; DIIs trimmed 1.9 pts.
  • The number of shareholders fell from 76,127 to 65,497 (-14%) between Sep 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupSep '23Jun '26Change
Promoters70.5%70.5%0.0 pts
FIIs3.6%7.1%+3.5 pts
DIIs17.0%15.2%-1.9 pts
Public and others8.9%7.2%-1.7 pts

Number of shareholders

65,497shareholders-14% since Sep '23
65k69k72k76k Sep '23Jun '24Mar '25Dec '25Jun '26
Sep '23: 76,127
Dec '23: 65,214
Mar '24: 65,376
Jun '24: 65,580
Sep '24: 65,133
Dec '24: 65,532
Mar '25: 68,418
Jun '25: 67,199
Sep '25: 65,227
Dec '25: 65,028
Mar '26: 66,646
Jun '26: 65,497
 65k69k72k76k Sep '23Sep '24Sep '25Jun '26
Sep '23: 76,127
Dec '23: 65,214
Mar '24: 65,376
Jun '24: 65,580
Sep '24: 65,133
Dec '24: 65,532
Mar '25: 68,418
Jun '25: 67,199
Sep '25: 65,227
Dec '25: 65,028
Mar '26: 66,646
Jun '26: 65,497

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

−14.0%typical 12-month return vs the marketBelow the base rate
  • We found 50 past situations where a non-financial company looked like BOSCH 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 −30% to −4% vs the market, against −1% for all non-financial companies in the same months.
  • The analogs' median sat below that base rate (gap −13.5%, 80% range −21.0% to −9.0%), but the matches cluster in only 6 distinct 12-month windows.

Where the 50 outcomes landed

−60%−40%−20%0%+20%+40%
SIEMENS · Nov 2024: −44.9% vs market
HINDUNILVR · Mar 2023: −40.5% vs market
BATAINDIA · Mar 2020: −36.5% vs market
GLAXO · May 2020: −36.4% vs market
WHIRLPOOL · May 2020: −36.1% vs market
ZFCVINDIA · Oct 2023: −34.3% vs market
CERA · Aug 2023: −34.2% vs market
PIIND · Jun 2023: −33.9% vs market
AMBUJACEM · Nov 2022: −32.7% vs market
COFORGE · Nov 2021: −32.0% vs market
NAVINFLUOR · Oct 2022: −31.2% vs market
3MINDIA · Dec 2023: −30.7% vs market
UBL · Feb 2025: −30.1% vs market
MARUTI · May 2020: −27.5% vs market
AFFLE · Sep 2025: −22.9% vs market
UNITDSPR · Apr 2025: −20.5% vs market
ASTRAL · May 2023: −19.8% vs market
CONCOR · Feb 2020: −19.6% vs market
SUPREMEIND · Aug 2023: −19.5% vs market
IGL · Feb 2020: −18.3% vs market
KANSAINER · Feb 2020: −18.1% vs market
PGHL · May 2020: −17.3% vs market
BAJAJ-AUTO · Mar 2024: −16.9% vs market
SUMICHEM · Aug 2025: −15.1% vs market
CARBORUNIV · Nov 2021: −14.9% vs market
CUMMINSIND · Apr 2024: −13.0% vs market
MANKIND · Oct 2024: −12.9% vs market
POLYCAB · Sep 2023: −10.3% vs market
DIVISLAB · Dec 2020: −9.8% vs market
VGUARD · Mar 2020: −9.5% vs market
AIAENG · Feb 2023: −7.9% vs market
KAJARIACER · Aug 2021: −7.5% vs market
BALKRISIND · Nov 2020: −7.1% vs market
SCHAEFFLER · Oct 2025: −6.1% vs market
GRINDWELL · Aug 2022: −5.5% vs market
EICHERMOT · Jul 2022: −5.2% vs market
ABBOTINDIA · Jan 2020: −4.5% vs market
VOLTAS · Jan 2021: −4.2% vs market
LINDEINDIA · Feb 2023: −3.2% vs market
PERSISTENT · Mar 2022: +1.9% vs market
AJANTPHARM · May 2024: +2.4% vs market
KSB · Sep 2025: +3.6% vs market
ATUL · May 2020: +9.4% vs market
HAL · Apr 2024: +12.1% vs market
HAVELLS · Dec 2020: +13.0% vs market
JBCHEPHARM · Mar 2023: +13.4% vs market
CGPOWER · Oct 2025: +15.3% vs market
HONAUT · Jan 2020: +16.9% vs market
INFY · Apr 2020: +18.5% vs market
BEL · Apr 2024: +32.2% vs market
Similar setups −14.0%All companies −0.5%← 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
−14.0%
All companies' median
−0.5%
Beat the market
22% vs 50%

50 past situations · 50 companies · 33 months · 2020–2025

The closest matches

CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
SIEMENS
Producer Manufacturing		 Nov 2024 84x21% +107%−5% −45%
SCHAEFFLER
Producer Manufacturing		 Oct 2025 62x25% +17%−7% −6%
SUPREMEIND
Producer Manufacturing		 Aug 2023 65x26% +127%−1% −20%
BEL
Electronic Technology		 Apr 2024 57x30% +126%−2% +32%
CUMMINSIND
Producer Manufacturing		 Apr 2024 74x27% +108%−1% −13%
Show the other 3 matches
CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
GRINDWELL
Process Industries		 Aug 2022 82x26% +70%−1% −6%
EICHERMOT
Consumer Durables		 Jul 2022 50x18% +22%−2% −5%
KANSAINER
Process Industries		 Feb 2020 60x20% +11%−10% −18%
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, P/S 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 BOSCH 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.

HONEYWELL AUTOMATION INDIAHONAUT
Electronic Technology
69%similar
operating marginvolatility
BERGER PAINTS INDIABERGEPAINT
Process Industries
68%similar
ROCEvolatility
LG ELECTRONICS INDIALGEINDIA
Consumer Durables
67%similar
market caprevenue
UNITED SPIRITSUNITDSPR
Consumer Non-Durables
67%similar
EPS growthmarket cap
PIDILITE INDUSTRIESPIDILITIND
Process Industries
66%similar
P/Emarket cap
SCHAEFFLER INDIASCHAEFFLER
Producer Manufacturing
75%similar
debt/equityvolatility
ZF COMMERCIAL VEHICLE CONTROLZFCVINDIA
Producer Manufacturing
68%similar
volatilitydebt/equity
HAVELLS INDIAHAVELLS
Producer Manufacturing
67%similar
revenuerevenue growth

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

What changed?

30 events since Nov '22

  1. SepResultsYear-on-year EPS growth turned negative.
  2. SepPeer rankSlipped to the 3rd quartile of Producer Manufacturing on EPS growth (from the 2nd quartile).
  3. JulPriceRegained the 2025-09 peak, 4 months after the low.
  4. JunPeer rankMoved into the top quartile of Producer Manufacturing on ROCE (from the 2nd quartile).
  5. JunDividendDividend payout cut from 75% to 29% of profit.
  6. AprPriceVolume reached 13.0x its 50-day median on 2026-04-09; price +2.3% that day.
  7. MarPriceFell 31% from the Sep 2025 peak to the Mar 2026 low.
  8. JanPriceVolume reached 11.3x its 50-day median on 2026-01-02; price +9.1% that day.
Show 22 earlier events
  1. DecPeer rankMoved into the top quartile of Producer Manufacturing on EPS growth (from the 2nd quartile).
  2. DecPriceVolume reached 5.4x its 50-day median on 2025-12-30; price -0.3% that day.
  3. SepResultsYear-on-year EPS growth turned positive.
  4. SepPeer rankMoved into the 2nd quartile of Producer Manufacturing on EPS growth (from the bottom quartile).
  5. JulPriceRegained the 2024-10 peak, 3 months after the low.
  6. JulPriceVolume reached 9.1x its 50-day median on 2025-07-04; price +4.4% that day.
  7. JunResultsYear-on-year EPS growth turned negative.
  8. JunPeer rankSlipped to the bottom quartile of Producer Manufacturing on EPS growth (from the 2nd quartile).
  9. AprPriceFell 32% from the Oct 2024 peak to the Apr 2025 low.
  10. JanPriceVolume reached 11.0x its 50-day median on 2025-01-29; price -5.5% that day.
  11. DecPeer rankSlipped to the 2nd quartile of Producer Manufacturing on EPS growth (from the top quartile).
  12. JunResultsRevenue (TTM) reached a new high of ₹16,726 cr.
  13. JunPeer rankMoved into the top quartile of Producer Manufacturing on EPS growth (from the 3rd quartile).
  14. JunDividendDividend payout cut from 99% to 44% of profit.
  15. MayPriceVolume reached 23.6x its 50-day median on 2024-05-31; price -0.7% that day.
  16. FebPriceVolume reached 7.4x its 50-day median on 2024-02-14; price +4.2% that day.
  17. DecPriceVolume reached 5.1x its 50-day median on 2023-12-05; price -1.3% that day.
  18. JunResultsRevenue (TTM) reached a new high of ₹14,929 cr.
  19. JunPeer rankSlipped to the 3rd quartile of Producer Manufacturing on EPS growth (from the top quartile).
  20. MayPriceRegained the 2019-01 peak, 38 months after the low.
  21. FebPriceVolume reached 5.0x its 50-day median on 2023-02-14; price +0.0% that day.
  22. NovPriceVolume reached 5.3x its 50-day median on 2022-11-09; price +4.7% 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
MonthP/ERevenue (TTM)ROEROCEDebt / Equity
2026-1161.8x₹21089 cr15.9%22.0%0.0x
2026-1058.9x₹21089 cr15.9%22.0%0.0x
2026-0958.8x₹21089 cr15.9%22.0%0.0x
2026-0853.2x₹20036 cr18.7%22.0%0.0x
2026-0743.7x₹20036 cr18.7%22.0%0.0x
2026-0642.4x₹20036 cr18.7%22.0%0.0x
2026-0539.2x₹19381 cr20.0%21.0%0.0x
2026-0438.5x₹19381 cr20.0%21.0%0.0x
2026-0330.8x₹19381 cr20.0%21.0%0.0x
2026-0240.0x₹18961 cr19.4%21.0%0.0x
2026-0140.2x₹18961 cr19.4%21.0%0.0x
2025-1239.6x₹18961 cr19.4%21.0%0.0x
2025-1140.0x₹18560 cr19.3%21.0%0.0x
2025-1041.2x₹18560 cr19.3%21.0%0.0x
2025-0942.2x₹18560 cr19.3%21.0%0.0x
2025-0858.5x₹18088 cr14.6%21.0%0.0x
2025-0759.1x₹18088 cr14.6%21.0%0.0x
2025-0647.8x₹18088 cr14.6%21.0%0.0x
2025-0545.7x₹17410 cr16.8%21.0%0.0x
2025-0442.9x₹17410 cr16.8%21.0%0.0x
2025-0341.3x₹17410 cr16.8%21.0%0.0x
2025-0237.5x₹17149 cr17.3%21.0%0.0x
2025-0140.6x₹17149 cr17.3%21.0%0.0x
2024-1248.2x₹17149 cr17.3%21.0%0.0x
2024-1140.5x₹16885 cr21.1%21.0%0.0x
2024-1040.6x₹16885 cr21.1%21.0%0.0x
2024-0943.6x₹16885 cr21.1%21.0%0.0x
2024-0838.3x₹16726 cr20.7%21.0%0.0x
2024-0741.4x₹16726 cr20.7%21.0%0.0x
2024-0640.4x₹16726 cr20.7%21.0%0.0x
2024-0562.9x₹14929 cr13.0%17.0%0.0x
2024-0460.7x₹14929 cr13.0%17.0%0.0x
2024-0362.1x₹14929 cr13.0%17.0%0.0x
2024-0259.2x₹14929 cr13.0%17.0%0.0x
2024-0148.8x₹14929 cr13.0%17.0%0.0x
2023-1245.9x₹14929 cr13.0%17.0%0.0x
2023-1144.7x₹14929 cr13.0%17.0%0.0x
2023-1040.2x₹14929 cr13.0%17.0%0.0x
2023-0939.4x₹14929 cr13.0%17.0%0.0x
2023-0838.4x₹14929 cr13.0%17.0%0.0x
2023-0739.2x₹14929 cr13.0%17.0%0.0x
2023-0639.4x₹14929 cr13.0%17.0%0.0x
2023-0545.0x₹11782 cr11.4%15.0%0.0x
2023-0446.9x₹11782 cr11.4%15.0%0.0x
2023-0346.9x₹11782 cr11.4%15.0%0.0x
2023-0243.6x₹11782 cr11.4%15.0%0.0x
2023-0141.2x₹11782 cr11.4%15.0%0.0x
2022-1241.8x₹11782 cr11.4%15.0%0.0x
2022-1141.2x₹11782 cr11.4%15.0%0.0x
2022-1039.9x₹11782 cr11.4%15.0%0.0x
2022-0938.3x₹11782 cr11.4%15.0%0.0x
2022-0842.5x₹11782 cr11.4%15.0%0.0x
2022-0741.4x₹11782 cr11.4%15.0%0.0x
2022-0636.9x₹11782 cr11.4%15.0%0.0x
2022-0589.5x₹9716 cr4.9%14.0%0.0x
2022-0488.7x₹9716 cr4.9%14.0%0.0x
2022-0388.3x₹9716 cr4.9%14.0%0.0x
2022-0296.4x₹9716 cr4.9%14.0%0.0x
2022-01101.2x₹9716 cr4.9%14.0%0.0x
2021-12106.0x₹9716 cr4.9%14.0%0.0x
2021-1198.9x₹9716 cr4.9%14.0%0.0x
2021-10103.7x₹9716 cr4.9%14.0%0.0x
2021-0994.7x₹9716 cr4.9%14.0%0.0x
2021-0884.8x₹9716 cr4.9%14.0%0.0x
2021-0791.6x₹9716 cr4.9%14.0%0.0x
2021-0691.9x₹9716 cr4.9%14.0%0.0x
2021-0569.3x₹9842 cr7.0%18.0%0.0x
2021-0461.3x₹9842 cr7.0%18.0%0.0x
2021-0364.0x₹9842 cr7.0%18.0%0.0x
2021-0267.5x₹9842 cr7.0%18.0%0.0x
2021-0169.6x₹9842 cr7.0%18.0%0.0x
2020-1258.1x₹9842 cr7.0%18.0%0.0x
2020-1158.2x₹9842 cr7.0%18.0%0.0x
2020-1052.7x₹9842 cr7.0%18.0%0.0x
2020-0962.3x₹9842 cr7.0%18.0%0.0x
2020-0858.2x₹9842 cr7.0%18.0%0.0x
2020-0759.4x₹9842 cr7.0%18.0%0.0x
2020-0651.8x₹9842 cr7.0%18.0%0.0x
2020-0517.9x₹12085 cr17.5%25.0%0.0x
2020-0419.6x₹12085 cr17.5%25.0%0.0x
2020-0317.3x₹12085 cr17.5%25.0%0.0x
2020-0222.4x₹12085 cr17.5%25.0%0.0x
2020-0125.6x₹12085 cr17.5%25.0%0.0x
2019-1228.4x₹12085 cr17.5%25.0%0.0x
2019-1129.8x₹12085 cr17.5%25.0%0.0x
2019-1028.2x₹12085 cr17.5%25.0%0.0x
2019-0926.0x₹12085 cr17.5%25.0%0.0x
2019-0826.7x₹12085 cr17.5%25.0%0.0x
2019-0726.6x₹12085 cr17.5%25.0%0.0x
2019-0630.2x₹12085 cr17.5%25.0%0.0x
2019-0539.5x₹11690 cr13.7%23.0%0.0x
2019-0440.1x₹11690 cr13.7%23.0%0.0x
2019-0340.5x₹11690 cr13.7%23.0%0.0x
2019-0242.4x₹11690 cr13.7%23.0%0.0x
2019-0142.0x₹11690 cr13.7%23.0%0.0x

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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