Share price
₹502.95 latest close · −2.3% over the last 90 sessions
₹502.95 month-end · −21.9% over 12 months
52-week range ₹438.15 to ₹798.95 · 1-year volatility 47.3%
Was the rally earned?
Earnings helped, the multiple did not.
- Per-share earnings added 95 points, but investors now pay less per rupee of profit (P/E 355.8x to 94.7x), which took 117 points back.
- The share count rose 11%.
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 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.
How rough has the ride been?
Drawdown from peak
Largest drawdowns
-38.7% (2025-11 peak to 2026-09 low, not yet recovered)
Most recent volume spikes
2026-11-02: 14.1x the 50-day median, price 0.0% that day
2026-10-22: 13.6x the 50-day median, price +2.2% that day
2026-09-25: 7.5x the 50-day median, price +5.6% that day
Where does it rank among Technology Services peers?
Each cell is the company's percentile rank among its Technology Services peers (non-financial companies) that month.
Darker is better-ranked.
Rows marked ↓ are inverted (lower debt, shorter cash cycle and a lower P/E rank higher).
Where it ranks today
- ROCE17thflat vs a year ago
- Op. margin51st
- Revenue growth81st
- EPS growth97th
- Debt/equity ↓60th▲ 27 pts vs a year ago
- Cash cycle ↓42nd▲ 13 pts vs a year ago
- P/E ↓10th▲ 8 pts vs a year ago
- 12M momentum48th
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 Technology Services sector page Watch it move against Technology Services in the Observatory
What is the price implying?
At a P/E of 94.7x, the price would imply about 34.7%/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 Technology Services The market-wide Expectations lists
Key figures
- Share Priceclose 9 Nov
- ₹502.95
- P/E
- 94.7x
- ROCE
- 3.0%
- Market Cap
- ₹4000 cr
- Revenue (TTM)
- ₹811 cr
- P/S
- 4.9x
- P/B
- 3.9x
- ROE
- 4.1%
- Operating Margin
- 15.7%
- Debt / Equity
- 0.1x
- Promoter Holding
- 51.5%
- 12M Momentum
- -21.9%
52-week range
Price risk
Balance sheet & cash
Are profits backed by cash?
Other income reliance23%Near threshold
Other income as a share of pre-tax profit (trailing twelve months): 23.5%. Bands: below 15%, 15% to 35%, above 35%.
Tax rate-0%Beyond threshold
Median quarterly effective tax rate over about 2.5 years: -0.3%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.
Cash conversion25.12xWithin range
Operating cash flow divided by net profit over the last three fiscal years: 25.12x (cash from operations ₹201 cr, net profit ₹8 cr). Bands: 0.8x and above, 0.5x to 0.8x, below 0.5x.
Free cash flow2 of 5 yrsNear threshold
Fiscal years with positive free cash flow in the last 5: 2. Bands: at least 80% of years, 40% to 80%, below 40%.
Receivable days vs history—Not enough data
Not enough reported data to compute this.
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—Not enough data
Not enough reported data to compute this.
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.
What happened next to similar setups
- We found 50 past situations where a non-financial company looked like CAPILLARY TECHNOLOGIES INDIA 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 −18% to +38% vs the market, against −3% for all non-financial companies in the same months.
- The gap against the base rate (+2.1%, 80% range −6.4% to +13.1%) 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 · 5 beyond the range shown, drawn at the edge
50 past situations · 50 companies · 39 months · 2020–2025
The closest matches
| Company | When | P/E | ROCE | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| DELTACORP Consumer Services |
Nov 2022 | 91x | 5% | −8% | −32% | −46% |
| DEN Consumer Services |
Aug 2020 | 52x | 4% | −14% | −31% | −61% |
| CARTRADE Technology Services |
Jun 2024 | 256x | 4% | +62% | −17% | +114% |
| SHALBY Health Services |
Jan 2020 | 37x | 7% | −20% | −27% | −16% |
| KIOCL Non-Energy Minerals |
Nov 2020 | 165x | 3% | −1% | −29% | +40% |
Show the other 3 matches
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 interest cover. 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?
7 events since Mar '26
- NovSharesShare count is up 6.7% over 12 months.
- NovPriceVolume reached 14.1x its 50-day median on 2026-11-02; price -0.0% that day.
- SepPriceFell 39% from the Nov 2025 peak to the Sep 2026 low.
- JulPriceVolume reached 253.6x its 50-day median on 2026-07-27; price +12.4% that day.
- JunPeer rankMoved into the 2nd quartile of Technology Services on operating margin (from the 3rd quartile).
- JunPriceVolume reached 158.1x its 50-day median on 2026-06-12; price +2.1% that day.
- MarPriceVolume reached 5.9x its 50-day median on 2026-03-27; price +8.9% 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 history13 months · 2025-11 to 2026-11
| Month | P/E | Revenue (TTM) | ROE | ROCE | Debt / Equity |
|---|---|---|---|---|---|
| 2026-11 | 94.7x | ₹811 cr | 4.1% | 3.0% | 0.1x |
| 2026-10 | 94.6x | ₹811 cr | 4.1% | 3.0% | 0.1x |
| 2026-09 | 105.5x | ₹811 cr | 4.1% | 3.0% | 0.1x |
| 2026-08 | 74.7x | ₹735 cr | 5.1% | 3.0% | 0.1x |
| 2026-07 | 75.2x | ₹735 cr | 5.1% | 3.0% | 0.1x |
| 2026-06 | 77.7x | ₹735 cr | 5.1% | 3.0% | 0.1x |
| 2026-05 | 205.5x | ₹695 cr | 3.3% | 2.0% | 0.2x |
| 2026-04 | 221.4x | ₹695 cr | 3.3% | 2.0% | 0.2x |
| 2026-03 | 192.6x | ₹695 cr | 3.3% | 2.0% | 0.2x |
| 2026-02 | 178.5x | ₹670 cr | 3.7% | 2.0% | 0.2x |
| 2026-01 | 217.9x | ₹670 cr | 3.7% | 2.0% | 0.2x |
| 2025-12 | 233.7x | ₹670 cr | 3.7% | 2.0% | 0.2x |
| 2025-11 | 355.8x | ₹598 cr | 2.3% | 2.0% | 0.2x |