अApnaFunda
Menu

CERA SANITARYWARE LIMITED (CERA)

Consumer Durables · Home Furnishings · 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.66 / 100
Profitability 71Growth 28Balance 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.40 / 100
Price 11Earnings 45FII/DII 63
Compare withASAHI INDIA GLASSTTK PRESTIGECELLO WORLD

Share price

Closing priceAdjusted for splits and bonus issues.

₹4,734.3 latest close · −26.7% over the last 90 sessions

₹5,000₹6,000Jul 3Jul 29Aug 24Sep 17Oct 14Nov 9 ₹5,000₹6,000Jul 3Sep 4Nov 9

₹4,734.3 month-end · −14.5% over 12 months

₹5,000₹6,000Nov '25Jan '26Apr '26Jun '26Sep '26Nov '26 ₹5,000₹6,000Nov '25May '26Nov '26

₹4,734.3 month-end · −44.9% over 3 years

₹4,000₹6,000₹8,000Nov '23Jun '24Jan '25Sep '25Apr '26Nov '26 ₹4,000₹6,000₹8,000Nov '23May '25Nov '26

₹4,734.3 month-end · +94.8% since Jan '19

₹2,500₹5,000₹7,500₹10,000Jan '19Aug '20Mar '22Sep '23Apr '25Nov '26 ₹2,500₹5,000₹7,500₹10,000Jan '19Dec '22Nov '26

52-week range ₹4398.00 to ₹6740.00 · 1-year volatility 29.3%

Was the rally earned?

-15%share price, 1 yearMultiple-driven

Mostly the multiple.

  • Most of the fall came from investors paying a lower multiple (P/E 29.0x to 24.8x); per-share earnings added 0 points.
  • 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: −14 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−14 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: −14%−14%Share priceNet profit growth: −1 pts. Points of the price return explained by net profit growing (or shrinking).−1ProfitP/E change: −14 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−14P/EShare count change: +1 pts. Points of the price return explained by the share count changing. More shares count against the price.+1SharesShare price: −14%−14%Share price
Net profit growth-1 ptsNet profit was little changed.
P/E change-14 ptsThe P/E fell from 29.0x to 24.8x, which lowers the price.
Share count change+1 ptsShare count was little changed. More shares would count against the price.
-45%share price, 3 yearsLower P/E held it back

Earnings helped, the multiple did not.

  • Per-share earnings added 7 points, but investors now pay less per rupee of profit (P/E 49.4x to 24.8x), which took 52 points back.
  • The share count barely moved.
Net profit growth: +6 pts. Points of the price return explained by net profit growing (or shrinking).+6 ptsNet profit growthP/E change: −52 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−52 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: −45%−45%Share priceNet profit growth: +6 pts. Points of the price return explained by net profit growing (or shrinking).+6ProfitP/E change: −52 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−52P/EShare count change: +1 pts. Points of the price return explained by the share count changing. More shares count against the price.+1SharesShare price: −45%−45%Share price
Net profit growth+6 ptsNet profit rose about 8%, which lifts the price.
P/E change-52 ptsThe P/E fell from 49.4x to 24.8x, which lowers the price.
Share count change+1 ptsShare count was little changed. More shares would count against the price.
-5%share price, 5 yearsLower P/E held it back

Earnings helped, the multiple did not.

  • Per-share earnings added 88 points, but investors now pay less per rupee of profit (P/E 64.6x to 24.8x), which took 93 points back.
  • The share count barely moved.
Net profit growth: +88 pts. Points of the price return explained by net profit growing (or shrinking).+88 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: 0 pts. Points of the price return explained by the share count changing. More shares count against the price.0 ptsShare count changeShare price: −5%−5%Share priceNet profit growth: +88 pts. Points of the price return explained by net profit growing (or shrinking).+88ProfitP/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: 0 pts. Points of the price return explained by the share count changing. More shares count against the price.0SharesShare price: −5%−5%Share price
Net profit growth+88 ptsNet profit rose about 146%, which lifts the price.
P/E change-93 ptsThe P/E fell from 64.6x to 24.8x, 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 ASAHI INDIA GLASS

How rough has the ride been?

Maximum drawdown-57.7%not yet recovered
1-year volatility29.3%annualised
Beta vs sector index0.533-year daily, correlation 0.29
Volume spikes6last 90 sessions, 5x the 50-day median

Drawdown from peak

0%−20%−40%−60%2020202120222023202420252026−57.7% 0%−20%−40%−60%2020202220242026−57.7%
Largest drawdowns

-57.7% (2024-08 peak to 2026-10 low, not yet recovered)

-39.1% (2021-10 peak to 2022-05 low, recovered 2023-02)

-32.2% (2019-03 peak to 2020-04 low, recovered 2020-11)

Most recent volume spikes

2026-11-09: 7.3x the 50-day median, price -3.6% that day

2026-11-05: 5.7x the 50-day median, price +0.5% that day

2026-11-04: 12.9x the 50-day median, price +2.5% 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?

24.8xP/E todayNear its historic low
Against its own history3rd percentile
CheapestMedian 38.9xDearest

Usual range 26.4x to 57.4x since 2019-01.

Against Consumer Durables24.8x vs 25.5x
This company
24.8x
Sector median
25.5x

Close to the Consumer Durables median.

13.1x31.4x49.6x67.9xJan '19Aug '20Mar '22Oct '23May '25Nov '2613.1x31.4x49.6x67.9xJan '19Sep '21May '24Nov '26
P/E (this company)10th to 90th percentile of its own historyIts medianConsumer Durables median

The chart loads when you open this tab.

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

The chart loads when you open this tab.

P/S (this company)10th to 90th percentile of its own historyIts medianConsumer Durables 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 Consumer Durables is valued

Where does it rank among Consumer Durables peers?

Each cell is the company's percentile rank among its Consumer 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

  • ROCE75th▼ 5 pts vs a year ago
  • Op. margin66th▲ 3 pts vs a year ago
  • Revenue growth17th▼ 15 pts vs a year ago
  • EPS growth29th▼ 22 pts vs a year ago
  • Debt/equity ↓82ndflat vs a year ago
  • Cash cycle ↓37thflat vs a year ago
  • P/E ↓55th▼ 11 pts vs a year ago
  • 12M momentum46th▲ 21 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 Consumer Durables sector page Watch it move against Consumer Durables in the Observatory

What is the price implying?

~19%annual earnings growth implied by the price

At a P/E of 32.3x, the price would imply about 19.1%/yr earnings growth for 10 years under the same assumptions, but it is not ranked.

Earnings figures have not updated recently, so the company is left out of the lists.

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

What prices imply across Consumer Durables The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov
₹4734.30
P/E
24.8x
ROCE
22.0%
Market Cap
₹6106 cr
Revenue (TTM)
₹1948 cr
P/S
3.1x
P/B
4.5x
ROE
18.2%
Operating Margin
13.0%
Debt / Equity
0.0x
Promoter Holding
54.4%
12M Momentum
-14.5%

52-week range

₹4398.00₹6740.00
14% of the way from its 52-week low to its high

Price risk

1Y volatility
29.3%
Beta vs sector
1-year daily
0.64

Balance sheet & cash

Interest cover
operating profit ÷ interest
35.2x
Cash from profit, 3Y
operating cash flow ÷ net profit
0.74x
Share count, 1Y
unchanged

Are profits backed by cash?

5 of 7checks within range2 near a threshold
Other income reliance20%Near threshold

Other income as a share of pre-tax profit (trailing twelve months): 20.1%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate24%Within range

Median quarterly effective tax rate over about 2.5 years: 24.0%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion0.74xNear threshold

Operating cash flow divided by net profit over the last three fiscal years: 0.74x (cash from operations ₹520 cr, net profit ₹701 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+12 daysWithin range

Debtor days are above the median of the previous three fiscal years by 12 days (51 vs 39). Bands: under 15 days, 15 to 45, over 45.

Capital work in progress3% of fixed assetsWithin range

Capital work-in-progress is 3% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.

Payable days+1 days / 2 yrsWithin range

Days payable changed by +1 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 5.7 pts; FIIs trimmed 5.5 pts.
  • The number of shareholders rose from 42,316 to 1.3 lakh (+211%) between Sep 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupSep '23Jun '26Change
Promoters54.5%54.4%-0.1 pts
FIIs20.9%15.4%-5.5 pts
DIIs8.4%14.1%+5.7 pts
Public and others16.3%16.1%-0.2 pts

Number of shareholders

1.3 lakhshareholders+211% since Sep '23
33k82k1.3L1.8L Sep '23Jun '24Mar '25Dec '25Jun '26
Sep '23: 42,316
Dec '23: 34,878
Mar '24: 34,804
Jun '24: 33,123
Sep '24: 1.8 lakh
Dec '24: 1.7 lakh
Mar '25: 1.6 lakh
Jun '25: 1.5 lakh
Sep '25: 1.5 lakh
Dec '25: 1.5 lakh
Mar '26: 1.4 lakh
Jun '26: 1.3 lakh
 33k82k1.3L1.8L Sep '23Sep '24Sep '25Jun '26
Sep '23: 42,316
Dec '23: 34,878
Mar '24: 34,804
Jun '24: 33,123
Sep '24: 1.8 lakh
Dec '24: 1.7 lakh
Mar '25: 1.6 lakh
Jun '25: 1.5 lakh
Sep '25: 1.5 lakh
Dec '25: 1.5 lakh
Mar '26: 1.4 lakh
Jun '26: 1.3 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

−6.5%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 CERA SANITARYWARE 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 −23% to +24% vs the market, against −1% for all non-financial companies in the same months.
  • The gap against the base rate (−5.5%, 80% range −12.2% to +0.5%) is within what chance and overlapping periods produce.

Where the 50 outcomes landed

−100%−50%0%+50%+100%
BLISSGVS · Jan 2021: −62.0% vs market
DBCORP · Jan 2020: −50.1% vs market
PRAJIND · Feb 2025: −44.9% vs market
JYOTHYLAB · Jun 2025: −44.7% vs market
RSYSTEMS · Jul 2025: −40.4% vs market
BHARATRAS · Mar 2023: −37.1% vs market
TTKPRESTIG · Mar 2023: −35.4% vs market
IPCALAB · Jun 2022: −31.1% vs market
TCIEXP · Sep 2025: −29.4% vs market
CROMPTON · Sep 2025: −28.8% vs market
KKCL · May 2020: −26.6% vs market
GALAXYSURF · May 2025: −23.8% vs market
ENDURANCE · Apr 2021: −23.7% vs market
LTTS · Jul 2025: −21.7% vs market
GARFIBRES · May 2023: −20.3% vs market
DEEPAKNTR · May 2025: −18.8% vs market
TCI · May 2023: −17.8% vs market
BSOFT · Jun 2022: −15.4% vs market
STARCEMENT · May 2020: −13.6% vs market
ATUL · Dec 2021: −11.9% vs market
FINCABLES · Apr 2020: −11.2% vs market
CCL · Jan 2020: −11.2% vs market
JTEKTINDIA · Apr 2025: −8.2% vs market
ACI · Jun 2024: −7.4% vs market
EXCELINDUS · Jun 2020: −7.1% vs market
RATNAMANI · Jan 2021: −5.9% vs market
MATRIMONY · Sep 2025: −5.7% vs market
TVTODAY · May 2020: −4.7% vs market
KAJARIACER · May 2025: +0.9% vs market
TATATECH · Jul 2025: +1.0% vs market
ADVENZYMES · Mar 2023: +1.1% vs market
INDIGOPNTS · Sep 2025: +3.1% vs market
FINPIPE · Aug 2020: +4.4% vs market
ERIS · Aug 2022: +7.1% vs market
POLYCAB · Jul 2021: +16.4% vs market
DHANUKA · Nov 2022: +17.1% vs market
ESCORTS · Apr 2021: +18.1% vs market
EMAMILTD · Apr 2024: +26.3% vs market
KSB · May 2021: +28.4% vs market
CUMMINSIND · Oct 2020: +29.2% vs market
AJANTPHARM · Dec 2022: +35.4% vs market
CAPLIPOINT · Mar 2023: +48.5% vs market
LMW · May 2020: +49.3% vs market
MAYURUNIQ · Jun 2020: +53.2% vs market
CYIENT · Jul 2022: +54.8% vs market
RHIM · Jun 2021: +56.8% vs market
CARBORUNIV · Aug 2020: +93.4% vs market
INGERRAND · Aug 2021: +103.7% vs market
BAJAJCON · Jun 2025: +185.8% vs market
NEWGEN · Jan 2023: +186.1% vs market
Similar setups −6.5%All companies −1.0%← 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 · 3 beyond the range shown, drawn at the edge

Similar setups' median
−6.5%
All companies' median
−1.0%
Beat the market
44% vs 49%

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

The closest matches

CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
INDIGOPNTS
Process Industries		 Sep 2025 35x19% −28%−38% +3%
CARBORUNIV
Process Industries		 Aug 2020 19x18% −5%−23% +93%
GARFIBRES
Producer Manufacturing		 May 2023 38x23% +2%−18% −20%
CUMMINSIND
Producer Manufacturing		 Oct 2020 17x18% −20%−28% +29%
RATNAMANI
Non-Energy Minerals		 Jan 2021 23x24% +21%−13% −6%
Show the other 3 matches
CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
EMAMILTD
Consumer Non-Durables		 Apr 2024 34x28% +30%−15% +26%
DEEPAKNTR
Process Industries		 May 2025 37x22% −8%−35% −19%
TTKPRESTIG
Consumer Durables		 Mar 2023 32x24% −15%−33% −35%
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: P/S, P/E and drawdown from 12-month high. One match per company and at most 7 from any one month.

Independent periods: the matches fall in 5 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 CERA SANITARYWARE 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.

JYOTHY LABSJYOTHYLAB
Consumer Non-Durables
74%similar
volatilityrevenue growth
EMAMIEMAMILTD
Consumer Non-Durables
66%similar
promoter holdingdebt/equity
SKF INDIASKFINDIA
Producer Manufacturing
66%similar
volatilitymarket cap
GARWARE TECHNICAL FIBRESGARFIBRES
Producer Manufacturing
65%similar
ROCEpromoter holding
VSTTILLERS TRACTORSVSTTILLERS
Producer Manufacturing
65%similar
operating marginvolatility
SAFARI INDUSTRIES INDIASAFARI
Consumer Durables
51%similar
operating marginmarket cap
STUDDS ACCESSORIESSTUDDS
Consumer Durables
51%similar
ROCEoperating margin
STOVE KRAFTSTOVEKRAFT
Consumer Durables
47%similar
promoter holdingEPS 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. NovPriceVolume reached 12.9x its 50-day median on 2026-11-04; price +2.5% that day.
  2. OctPriceFell 58% from the Aug 2024 peak to the Oct 2026 low.
  3. SepValuationP/E fell below the 10th percentile of its own history to date (26.7x).
  4. AugPriceVolume reached 7.6x its 50-day median on 2026-08-07; price -4.2% that day.
  5. JunResultsYear-on-year EPS growth turned negative.
  6. JunPriceVolume reached 18.9x its 50-day median on 2026-06-09; price +6.6% that day.
  7. MarPriceVolume reached 7.6x its 50-day median on 2026-03-18; price +8.3% that day.
  8. DecValuationP/E fell below the 10th percentile of its own history to date (27.5x).
Show 22 earlier events
  1. DecPeer rankSlipped to the 3rd quartile of Consumer Durables on EPS growth (from the 2nd quartile).
  2. NovPriceVolume reached 7.2x its 50-day median on 2025-11-14; price -1.2% that day.
  3. SepPeer rankSlipped to the 2nd quartile of Consumer Durables on operating margin (from the top quartile).
  4. JulPriceVolume reached 10.5x its 50-day median on 2025-07-16; price +6.4% that day.
  5. JunPeer rankMoved into the top quartile of Consumer Durables on operating margin (from the 2nd quartile).
  6. MayPriceVolume reached 28.3x its 50-day median on 2025-05-12; price +13.4% that day.
  7. MarResultsRevenue (TTM) reached a new high of ₹1,895 cr.
  8. FebPriceVolume reached 7.4x its 50-day median on 2025-02-24; price -4.3% that day.
  9. DecPriceVolume reached 9.9x its 50-day median on 2024-12-30; price +6.8% that day.
  10. SepPeer rankSlipped to the 2nd quartile of Consumer Durables on operating margin (from the top quartile).
  11. AugPriceRegained the 2023-09 peak, 5 months after the low.
  12. AugPriceVolume reached 17.6x its 50-day median on 2024-08-06; price +4.2% that day.
  13. JunPeer rankSlipped to the 3rd quartile of Consumer Durables on EPS growth (from the 2nd quartile).
  14. JunPriceVolume reached 23.7x its 50-day median on 2024-06-21; price +9.6% that day.
  15. MarPriceFell 30% from the Sep 2023 peak to the Mar 2024 low.
  16. JanPriceVolume reached 6.9x its 50-day median on 2024-01-19; price +3.0% that day.
  17. JunResultsRevenue (TTM) reached a new high of ₹1,807 cr.
  18. MayValuationP/E crossed above the 90th percentile of its own history to date (64.7x).
  19. MayPriceVolume reached 8.2x its 50-day median on 2023-05-12; price +5.6% that day.
  20. FebPriceRegained the 2021-10 peak, 9 months after the low.
  21. FebPriceVolume reached 15.3x its 50-day median on 2023-02-20; price +8.2% that day.
  22. NovPriceVolume reached 43.2x its 50-day median on 2022-11-24; price +3.0% 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
2026-1124.8x₹1948 cr18.2%22.0%0.0x
2026-1023.1x₹1948 cr18.3%22.0%0.0x
2026-0926.7x₹1948 cr18.3%22.0%0.0x
2026-0830.0x₹1948 cr18.3%22.0%0.0x
2026-0732.1x₹1948 cr18.3%22.0%0.0x
2026-0633.8x₹1948 cr18.3%22.0%0.0x
2026-0529.2x₹1948 cr18.3%22.0%0.0x
2026-0427.5x₹1948 cr18.3%22.0%0.0x
2026-0323.9x₹1948 cr18.3%22.0%0.0x
2026-0225.6x₹1948 cr18.3%22.0%0.0x
2026-0126.2x₹1948 cr18.3%22.0%0.0x
2025-1227.5x₹1948 cr18.3%22.0%0.0x
2025-1129.0x₹1948 cr18.3%22.0%0.0x
2025-1032.6x₹1948 cr18.3%22.0%0.0x
2025-0932.3x₹1948 cr18.3%22.0%0.0x
2025-0833.1x₹1927 cr18.3%22.0%0.0x
2025-0734.3x₹1927 cr18.3%22.0%0.0x
2025-0636.0x₹1927 cr18.3%22.0%0.0x
2025-0535.0x₹1895 cr17.7%25.0%0.0x
2025-0429.4x₹1895 cr17.7%25.0%0.0x
2025-0331.0x₹1895 cr17.7%25.0%0.0x
2025-0228.5x₹1882 cr18.1%25.0%0.0x
2025-0136.0x₹1882 cr18.1%25.0%0.0x
2024-1240.9x₹1882 cr18.1%25.0%0.0x
2024-1142.0x₹1852 cr17.2%25.0%0.0x
2024-1040.7x₹1852 cr17.2%25.0%0.0x
2024-0945.8x₹1852 cr17.2%25.0%0.0x
2024-0850.2x₹1880 cr18.0%25.0%0.0x
2024-0748.6x₹1880 cr18.0%25.0%0.0x
2024-0647.3x₹1880 cr18.0%25.0%0.0x
2024-0540.2x₹1867 cr19.5%26.0%0.0x
2024-0441.2x₹1867 cr19.5%26.0%0.0x
2024-0338.9x₹1867 cr19.5%26.0%0.0x
2024-0242.4x₹1886 cr20.0%26.0%0.0x
2024-0146.2x₹1886 cr20.0%26.0%0.0x
2023-1243.9x₹1886 cr20.0%26.0%0.0x
2023-1149.4x₹1839 cr19.5%26.0%0.0x
2023-1048.8x₹1839 cr19.5%26.0%0.0x
2023-0949.0x₹1839 cr19.5%26.0%0.0x
2023-0859.0x₹1807 cr18.0%26.0%0.0x
2023-0747.0x₹1807 cr18.0%26.0%0.0x
2023-0647.6x₹1807 cr18.0%26.0%0.0x
2023-0564.7x₹1446 cr15.1%21.0%0.0x
2023-0453.7x₹1446 cr15.1%21.0%0.0x
2023-0355.1x₹1446 cr15.1%21.0%0.0x
2023-0256.1x₹1446 cr15.1%21.0%0.0x
2023-0145.3x₹1446 cr15.1%21.0%0.0x
2022-1244.8x₹1446 cr15.1%21.0%0.0x
2022-1146.1x₹1446 cr15.1%21.0%0.0x
2022-1048.0x₹1446 cr15.1%21.0%0.0x
2022-0946.8x₹1446 cr15.1%21.0%0.0x
2022-0842.9x₹1446 cr15.1%21.0%0.0x
2022-0740.7x₹1446 cr15.1%21.0%0.0x
2022-0635.6x₹1446 cr15.1%21.0%0.0x
2022-0554.2x₹1224 cr11.5%15.0%0.1x
2022-0453.8x₹1224 cr11.5%15.0%0.1x
2022-0364.2x₹1224 cr11.5%15.0%0.1x
2022-0255.8x₹1224 cr11.5%15.0%0.1x
2022-0163.0x₹1224 cr11.5%15.0%0.1x
2021-1262.2x₹1224 cr11.5%15.0%0.1x
2021-1164.6x₹1224 cr11.5%15.0%0.1x
2021-1066.9x₹1224 cr11.5%15.0%0.1x
2021-0967.9x₹1224 cr11.5%15.0%0.1x
2021-0857.3x₹1224 cr11.5%15.0%0.1x
2021-0757.5x₹1224 cr11.5%15.0%0.1x
2021-0657.9x₹1224 cr11.5%15.0%0.1x
2021-0545.4x₹1224 cr14.4%17.0%0.1x
2021-0444.1x₹1224 cr14.4%17.0%0.1x
2021-0344.9x₹1224 cr14.4%17.0%0.1x
2021-0244.3x₹1224 cr14.4%17.0%0.1x
2021-0139.3x₹1224 cr14.4%17.0%0.1x
2020-1239.0x₹1224 cr14.4%17.0%0.1x
2020-1135.9x₹1224 cr14.4%17.0%0.1x
2020-1030.4x₹1224 cr14.4%17.0%0.1x
2020-0926.7x₹1224 cr14.4%17.0%0.1x
2020-0828.2x₹1224 cr14.4%17.0%0.1x
2020-0725.6x₹1224 cr14.4%17.0%0.1x
2020-0625.4x₹1224 cr14.4%17.0%0.1x
2020-0526.3x₹1352 cr16.4%25.0%0.1x
2020-0424.9x₹1352 cr16.4%25.0%0.1x
2020-0326.1x₹1352 cr16.4%25.0%0.1x
2020-0228.2x₹1352 cr16.4%25.0%0.1x
2020-0130.6x₹1352 cr16.4%25.0%0.1x
2019-1230.5x₹1352 cr16.4%25.0%0.1x
2019-1128.8x₹1352 cr16.4%25.0%0.1x
2019-1030.3x₹1352 cr16.4%25.0%0.1x
2019-0930.1x₹1352 cr16.4%25.0%0.1x
2019-0827.6x₹1352 cr16.4%25.0%0.1x
2019-0729.0x₹1352 cr16.4%25.0%0.1x
2019-0633.7x₹1352 cr16.4%25.0%0.1x
2019-0537.9x₹1185 cr17.5%24.0%0.2x
2019-0435.3x₹1185 cr17.5%24.0%0.2x
2019-0338.9x₹1185 cr17.5%24.0%0.2x
2019-0230.3x₹1185 cr17.5%24.0%0.2x
2019-0130.6x₹1185 cr17.5%24.0%0.2x

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.

Feedback