अApnaFunda
Menu

CG POWER AND IND SOLUTIONS LTD (CGPOWER)

Producer Manufacturing · Electrical Products · 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 69Growth 61Balance 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.56 / 100
Price 42Earnings 33FII/DII 94

Passes these screensQuality CompounderDebt-light & profitable

Compare withBHARAT HEAVY ELECTRICALSABB INDIASIEMENS

Share price

Closing priceAdjusted for splits and bonus issues.

₹800 latest close · −10.4% over the last 90 sessions

₹800₹850₹900Jul 3Jul 29Aug 24Sep 17Oct 14Nov 9 ₹800₹850₹900Jul 3Sep 4Nov 9

₹800 month-end · +18.9% over 12 months

₹600₹800Nov '25Jan '26Apr '26Jun '26Sep '26Nov '26 ₹600₹800Nov '25May '26Nov '26

₹800 month-end · +78.0% over 3 years

₹400₹600₹800₹1,000Nov '23Jun '24Jan '25Sep '25Apr '26Nov '26 ₹400₹600₹800₹1,000Nov '23May '25Nov '26

₹800 month-end · +2027.7% since Jan '19

₹0₹500₹1,000Jan '19Aug '20Mar '22Sep '23Apr '25Nov '26 ₹0₹500₹1,000Jan '19Dec '22Nov '26

52-week range ₹525.50 to ₹980.90 · 1-year volatility 35.9%

Was the rally earned?

+19%share price, 1 yearLower P/E held it back

Mostly yes, with a catch.

  • Per-share earnings added 21 points, but investors now pay less per rupee of profit (P/E 102.6x to 100.8x), which took 2 points back.
  • The share count rose 4%.
Net profit growth: +25 pts. Points of the price return explained by net profit growing (or shrinking).+25 ptsNet profit growthP/E change: −2 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−2 ptsP/E changeShare count change: −4 pts. Points of the price return explained by the share count changing. More shares count against the price.−4 ptsShare count changeShare price: +19%+19%Share priceNet profit growth: +25 pts. Points of the price return explained by net profit growing (or shrinking).+25ProfitP/E change: −2 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−2P/EShare count change: −4 pts. Points of the price return explained by the share count changing. More shares count against the price.−4SharesShare price: +19%+19%Share price
Net profit growth+25 ptsNet profit rose about 25%, which lifts the price.
P/E change-2 ptsThe P/E fell from 102.6x to 100.8x, which lowers the price.
Share count change-4 ptsShare count rose 4%, which lowers the price.
+78%share price, 3 yearsEarnings and multiple

Both mattered.

  • Per-share earnings added 31 points and the multiple added 47 points (P/E 71.3x to 100.8x).
  • The share count rose 3%.
Net profit growth: +35 pts. Points of the price return explained by net profit growing (or shrinking).+35 ptsNet profit growthP/E change: +47 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+47 ptsP/E changeShare count change: −4 pts. Points of the price return explained by the share count changing. More shares count against the price.−4 ptsShare count changeShare price: +78%+78%Share priceNet profit growth: +35 pts. Points of the price return explained by net profit growing (or shrinking).+35ProfitP/E change: +47 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+47P/EShare count change: −4 pts. Points of the price return explained by the share count changing. More shares count against the price.−4SharesShare price: +78%+78%Share price
Net profit growth+35 ptsNet profit rose about 30%, which lifts the price.
P/E change+47 ptsThe P/E rose from 71.3x to 100.8x, which lifts the price.
Share count change-4 ptsShare count rose 3%, which lowers the price.
+436%share price, 5 yearsMultiple-driven

Partly.

  • Most of the rise came from investors paying a higher multiple (P/E 15.4x to 100.8x); per-share earnings took off 51 points.
  • The share count rose 19%.
Net profit growth: −6 pts. Points of the price return explained by net profit growing (or shrinking).−6 ptsNet profit growthP/E change: +488 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+488 ptsP/E changeShare count change: −45 pts. Points of the price return explained by the share count changing. More shares count against the price.−45 ptsShare count changeShare price: +436%+436%Share priceNet profit growth: −6 pts. Points of the price return explained by net profit growing (or shrinking).−6ProfitP/E change: +488 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+488P/EShare count change: −45 pts. Points of the price return explained by the share count changing. More shares count against the price.−45SharesShare price: +436%+436%Share price
Net profit growth-6 ptsNet profit fell about 2%, which lowers the price.
P/E change+488 ptsThe P/E rose from 15.4x to 100.8x, which lifts the price.
Share count change-45 ptsShare count rose 19%, which lowers 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 BHARAT HEAVY ELECTRICALS

How rough has the ride been?

Maximum drawdown-89.5%recovered 2020-12
1-year volatility35.9%annualised
Beta vs sector index1.073-year daily, correlation 0.57
Volume spikes2last 90 sessions, 5x the 50-day median

Drawdown from peak

0%−25%−50%−75%2020202120222023202420252026−89.1% 0%−25%−50%−75%2020202220242026−89.1%
Largest drawdowns

-89.5% (2019-03 peak to 2020-03 low, recovered 2020-12)

-48.6% (2019-01 peak to 2019-02 low, recovered 2019-03)

-38.2% (2024-10 peak to 2026-01 low, recovered 2026-05)

Most recent volume spikes

2026-11-06: 7.1x the 50-day median, price -4.4% that day

2026-07-03: 7.2x the 50-day median, price -7.0% 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?

100.8xP/E todayWithin its usual range
Against its own history73rd percentile
CheapestMedian 71.7xDearest

Usual range 17.9x to 112.0x since 2019-01.

Against Producer Manufacturing100.8x vs 29.6x
This company
100.8x
Sector median
29.6x

241% above the Producer Manufacturing median.

8.1x48.1x88.0x128.0xJan '19Aug '20Mar '22Oct '23May '25Nov '268.1x48.1x88.0x128.0xJan '19Sep '21May '24Nov '26
P/E (this company)10th to 90th percentile of its own historyIts medianProducer Manufacturing median

The chart loads when you open this tab.

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

The chart loads when you open this tab.

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

  • ROCE86th▼ 8 pts vs a year ago
  • Op. margin53rd▼ 5 pts vs a year ago
  • Revenue growth68th▼ 12 pts vs a year ago
  • EPS growth62nd▲ 43 pts vs a year ago
  • Debt/equity ↓85th▼ 4 pts vs a year ago
  • Cash cycle ↓77th▼ 7 pts vs a year ago
  • P/E ↓7thflat vs a year ago
  • 12M momentum72nd▲ 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?

~37%annual earnings growth implied by the priceAbove delivered growth

At normalised P/E (five-year average earnings) of 114.0x, a holder earning 12%/yr needs earnings to grow about 36.5%/yr for 10 years, then trade at 15x.

Delivered1.7%/yrEPS, last 6 fiscal years · 3-yr avg to 3-yr avg
Gap+34.8 ptsimplied minus delivered
Rank32ndmost demanding of 856

Over time

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

0%27%55% Jun 2021Nov 2026 0%27%55% Jun 2021Nov 2026

Change the assumptions

Exit P/E / return11%12%13%
12x38.2%39.4%40.7%
15x35.2%36.5%37.7%
20x31.5%32.7%33.9%

Drag a slider to test other assumptions

Implied: 36.5%/yr

Looking back

  • Jan 2022Price implied 14%/yr; EPS has since grown −4%/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
₹800.00
P/E
100.8x
ROCE
27.0%
Market Cap
₹1.26L cr
Revenue (TTM)
₹12821 cr
P/S
9.8x
P/B
15.8x
ROE
15.7%
Operating Margin
12.0%
Debt / Equity
0.0x
Promoter Holding
56.4%
12M Momentum
18.9%

52-week range

₹525.50₹980.90
60% of the way from its 52-week low to its high

Price risk

1Y volatility
35.9%
Beta vs sector
1-year daily
1.16

Balance sheet & cash

Interest cover
operating profit ÷ interest
100.0x
Cash from profit, 3Y
operating cash flow ÷ net profit
0.73x
Share count, 1Y
+2.9%

Are profits backed by cash?

3 of 7checks within range4 near a threshold
Other income reliance16%Near threshold

Other income as a share of pre-tax profit (trailing twelve months): 16.0%. 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 conversion0.73xNear threshold

Operating cash flow divided by net profit over the last three fiscal years: 0.73x (cash from operations ₹2,646 cr, net profit ₹3,600 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+16 daysNear threshold

Debtor days are above the median of the previous three fiscal years by 16 days (86 vs 70). Bands: under 15 days, 15 to 45, over 45.

Capital work in progress36% of fixed assetsNear threshold

Capital work-in-progress is 36% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.

Payable days+7 days / 2 yrsWithin range

Days payable changed by +7 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 10.4 pts; FIIs trimmed 4.8 pts; promoters trimmed 1.8 pts.
  • The number of shareholders rose from 1.8 lakh to 5.3 lakh (+190%) between Sep 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupSep '23Jun '26Change
Promoters58.1%56.4%-1.8 pts
FIIs16.7%12.0%-4.8 pts
DIIs7.8%18.2%+10.4 pts
Public and others17.3%13.4%-3.9 pts

Number of shareholders

5.3 lakhshareholders+190% since Sep '23
1.8L3.1L4.3L5.5L Sep '23Jun '24Mar '25Dec '25Jun '26
Sep '23: 1.8 lakh
Dec '23: 2.0 lakh
Mar '24: 2.6 lakh
Jun '24: 3.4 lakh
Sep '24: 4.2 lakh
Dec '24: 4.7 lakh
Mar '25: 4.9 lakh
Jun '25: 4.9 lakh
Sep '25: 5.5 lakh
Dec '25: 5.4 lakh
Mar '26: 5.2 lakh
Jun '26: 5.3 lakh
 1.8L3.1L4.3L5.5L Sep '23Sep '24Sep '25Jun '26
Sep '23: 1.8 lakh
Dec '23: 2.0 lakh
Mar '24: 2.6 lakh
Jun '24: 3.4 lakh
Sep '24: 4.2 lakh
Dec '24: 4.7 lakh
Mar '25: 4.9 lakh
Jun '25: 4.9 lakh
Sep '25: 5.5 lakh
Dec '25: 5.4 lakh
Mar '26: 5.2 lakh
Jun '26: 5.3 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

−11.4%typical 12-month return vs the marketBelow the base rate
  • We found 50 past situations where a non-financial company looked like CG POWER AND IND SOLUTIONS LTD 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 −25% to +3% vs the market, against +2% for all non-financial companies in the same months.
  • The analogs' median sat below that base rate (gap −13.6%, 80% range −20.2% to −9.9%), but the matches cluster in only 6 distinct 12-month windows.

Where the 50 outcomes landed

−60%−40%−20%0%+20%+40%
GLAND · Dec 2021: −60.7% vs market
SIEMENS · Oct 2024: −43.2% vs market
FINEORG · Nov 2022: −40.8% vs market
ZFCVINDIA · Nov 2023: −39.3% vs market
COFORGE · Sep 2021: −36.1% vs market
INDIAMART · Jul 2023: −35.9% vs market
BATAINDIA · May 2020: −33.0% vs market
WHIRLPOOL · Jul 2020: −32.2% vs market
SUPREMEIND · Oct 2023: −28.8% vs market
BDL · Jul 2025: −26.5% vs market
3MINDIA · Jul 2020: −25.3% vs market
EMAMILTD · Jul 2021: −25.2% vs market
UBL · Mar 2020: −24.8% vs market
HONAUT · Aug 2020: −23.8% vs market
VINATIORGA · Sep 2022: −23.7% vs market
ASTRAL · May 2023: −19.8% vs market
IGL · Feb 2020: −18.3% vs market
ABBOTINDIA · Oct 2020: −17.9% vs market
GLAXO · Feb 2020: −17.9% vs market
PGHL · Jun 2020: −16.6% vs market
SUMICHEM · Aug 2025: −15.1% vs market
KSB · Jun 2024: −14.7% vs market
VGUARD · Jan 2020: −14.0% vs market
CUMMINSIND · May 2024: −12.4% vs market
DIVISLAB · Jan 2021: −12.0% vs market
EICHERMOT · Jun 2020: −10.9% vs market
KANSAINER · May 2020: −9.7% vs market
LINDEINDIA · Oct 2023: −8.4% vs market
BRITANNIA · Jan 2020: −8.1% vs market
PIIND · Nov 2020: −7.9% vs market
POLYCAB · Oct 2023: −5.5% vs market
ATUL · Oct 2020: −4.9% vs market
PIDILITIND · Jun 2020: −3.9% vs market
CARBORUNIV · Oct 2021: −2.9% vs market
TITAN · Jan 2020: +0.4% vs market
NAVINFLUOR · Jan 2022: +1.0% vs market
INFY · Jan 2021: +3.0% vs market
VOLTAS · Feb 2021: +3.4% vs market
RELAXO · Sep 2020: +4.6% vs market
DMART · Aug 2020: +10.3% vs market
INGERRAND · May 2023: +10.5% vs market
PERSISTENT · Apr 2022: +11.1% vs market
GRINDWELL · Feb 2022: +13.5% vs market
BALKRISIND · Mar 2020: +18.6% vs market
SCHAEFFLER · Feb 2025: +20.6% vs market
ASTRAZEN · May 2024: +22.8% vs market
JUBLFOOD · Feb 2020: +25.2% vs market
HAVELLS · Feb 2020: +32.5% vs market
BEL · Jun 2024: +34.9% vs market
TRITURBINE · Dec 2023: +48.7% vs market
Similar setups −11.4%All companies +2.2%← 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 · 2 beyond the range shown, drawn at the edge

Similar setups' median
−11.4%
All companies' median
+2.2%
Beat the market
32% vs 52%

50 past situations · 50 companies · 32 months · 2020–2025

The closest matches

CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
ASTRAL
Producer Manufacturing		 May 2023 101x29% +40%−7% −20%
LINDEINDIA
Process Industries		 Oct 2023 95x21% +95%−10% −8%
SIEMENS
Producer Manufacturing		 Oct 2024 77x21% +109%−13% −43%
HONAUT
Electronic Technology		 Aug 2020 59x35% +31%−14% −24%
GRINDWELL
Process Industries		 Feb 2022 74x23% +84%−18% +14%
Show the other 3 matches
CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
CUMMINSIND
Producer Manufacturing		 May 2024 80x27% +102%−8% −12%
SUPREMEIND
Producer Manufacturing		 Oct 2023 64x26% +100%−8% −29%
ASTRAZEN
Health Technology		 May 2024 156x31% +74%−11% +23%
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 12-month momentum. 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 CG POWER AND IND SOLUTIONS LTD. 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.

TUBE INVESTMENTS OF INDIATIINDIA
Non-Energy Minerals
59%similar
volatilityrevenue
PERSISTENT SYSTEMSPERSISTENT
Technology Services
57%similar
revenue growthrevenue
MARICOMARICO
Consumer Non-Durables
55%similar
market caprevenue
UNITED SPIRITSUNITDSPR
Consumer Non-Durables
55%similar
revenuepromoter holding
APAR INDUSTRIESAPARINDS
Electronic Technology
54%similar
promoter holdingoperating margin
MOTHERSON SUMI WIRING INDMSUMI
Producer Manufacturing
66%similar
revenuerevenue growth
ASTRALASTRAL
Producer Manufacturing
65%similar
EPS growthpromoter holding
CUMMINS INDIACUMMINSIND
Producer Manufacturing
65%similar
revenuemarket cap

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

What changed?

30 events since Jul '22

  1. NovPriceVolume reached 7.1x its 50-day median on 2026-11-06; price -4.4% that day.
  2. JulPriceVolume reached 7.2x its 50-day median on 2026-07-03; price -7.0% that day.
  3. MayPriceRegained the 2024-10 peak, 4 months after the low.
  4. MarResultsYear-on-year EPS growth turned positive.
  5. MarPeer rankMoved into the 2nd quartile of Producer Manufacturing on EPS growth (from the bottom quartile).
  6. FebValuationP/E crossed above the 90th percentile of its own history to date (104.6x).
  7. JanPriceFell 38% from the Oct 2024 peak to the Jan 2026 low.
  8. JanPriceVolume reached 8.7x its 50-day median on 2026-01-19; price +5.0% that day.
Show 22 earlier events
  1. AugPriceVolume reached 6.9x its 50-day median on 2025-08-29; price +4.6% that day.
  2. JunPeer rankSlipped to the bottom quartile of Producer Manufacturing on EPS growth (from the 3rd quartile).
  3. MarResultsYear-on-year EPS growth turned negative.
  4. MarValuationP/E crossed above the 90th percentile of its own history to date (104.2x).
  5. MarPeer rankSlipped to the 3rd quartile of Producer Manufacturing on EPS growth (from the 2nd quartile).
  6. JanPriceVolume reached 10.6x its 50-day median on 2025-01-28; price -3.4% that day.
  7. SepValuationP/E crossed above the 90th percentile of its own history to date (79.2x).
  8. SepPriceVolume reached 5.9x its 50-day median on 2024-09-12; price +5.7% that day.
  9. JunResultsYear-on-year EPS growth turned positive.
  10. JunPeer rankMoved into the 2nd quartile of Producer Manufacturing on EPS growth (from the 3rd quartile).
  11. MarPriceVolume reached 10.1x its 50-day median on 2024-03-01; price +4.9% that day.
  12. JanDebtDebt / equity halved over 12 months to 0.01x.
  13. NovValuationP/E crossed above the 90th percentile of its own history to date (71.3x).
  14. NovPriceVolume reached 17.5x its 50-day median on 2023-11-23; price -1.9% that day.
  15. AugSharesShare count is up 5.9% over 12 months.
  16. AugPriceVolume reached 7.0x its 50-day median on 2023-08-31; price +4.9% that day.
  17. JunValuationP/E crossed above the 90th percentile of its own history to date (60.1x).
  18. JunPeer rankMoved into the 3rd quartile of Producer Manufacturing on EPS growth (from the bottom quartile).
  19. JunDebtDebt / equity halved over 12 months to 0.01x.
  20. JunDividendStarted paying a dividend (payout 24% of profit).
  21. FebPriceVolume reached 28.5x its 50-day median on 2023-02-28; price -1.8% that day.
  22. JulSharesShare count is up 7.5% over 12 months.

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
2026-11100.8x₹12821 cr15.7%27.0%0.0x
2026-10101.3x₹12821 cr15.5%27.0%0.0x
2026-09107.6x₹12821 cr15.5%27.0%0.0x
2026-08118.8x₹12418 cr15.0%27.0%0.0x
2026-07112.0x₹12418 cr15.0%27.0%0.0x
2026-06123.5x₹12418 cr15.0%27.0%0.0x
2026-05128.0x₹11729 cr28.9%37.0%0.0x
2026-04113.4x₹11729 cr28.9%37.0%0.0x
2026-0391.4x₹11729 cr28.9%37.0%0.0x
2026-02104.6x₹11070 cr27.7%37.0%0.0x
2026-0184.3x₹11070 cr27.7%37.0%0.0x
2025-1293.5x₹11070 cr27.7%37.0%0.0x
2025-11102.6x₹10560 cr26.0%37.0%0.0x
2025-10112.3x₹10560 cr26.0%37.0%0.0x
2025-09112.9x₹10560 cr26.0%37.0%0.0x
2025-08108.8x₹9910 cr25.3%37.0%0.0x
2025-07103.7x₹9910 cr25.3%37.0%0.0x
2025-06106.9x₹9910 cr25.3%37.0%0.0x
2025-05112.0x₹9349 cr30.9%47.0%0.0x
2025-04102.3x₹9349 cr30.9%47.0%0.0x
2025-03104.2x₹9349 cr30.9%47.0%0.0x
2025-0260.6x₹8812 cr47.8%47.0%0.0x
2025-0167.2x₹8812 cr47.8%47.0%0.0x
2024-1277.0x₹8812 cr47.8%47.0%0.0x
2024-1176.4x₹8401 cr48.6%47.0%0.0x
2024-1073.5x₹8401 cr48.6%47.0%0.0x
2024-0979.2x₹8401 cr48.6%47.0%0.0x
2024-0874.5x₹8046 cr47.3%47.0%0.0x
2024-0778.8x₹8046 cr47.3%47.0%0.0x
2024-0675.4x₹8046 cr47.3%47.0%0.0x
2024-05102.1x₹6973 cr53.8%61.0%0.0x
2024-0487.9x₹6973 cr53.8%61.0%0.0x
2024-0385.9x₹6973 cr53.8%61.0%0.0x
2024-0270.4x₹6973 cr53.8%61.0%0.0x
2024-0174.4x₹6973 cr53.8%61.0%0.0x
2023-1272.1x₹6973 cr53.8%61.0%0.0x
2023-1171.3x₹6973 cr53.8%61.0%0.0x
2023-1061.9x₹6973 cr53.8%61.0%0.0x
2023-0970.2x₹6973 cr53.8%61.0%0.0x
2023-0868.2x₹6973 cr53.8%61.0%0.0x
2023-0763.8x₹6973 cr53.8%61.0%0.0x
2023-0660.1x₹6973 cr53.8%61.0%0.0x
2023-0562.1x₹5484 cr91.0%42.0%0.4x
2023-0448.8x₹5484 cr91.0%42.0%0.4x
2023-0347.4x₹5484 cr91.0%42.0%0.4x
2023-0248.2x₹5484 cr91.0%42.0%0.4x
2023-0147.8x₹5484 cr91.0%42.0%0.4x
2022-1242.7x₹5484 cr91.0%42.0%0.4x
2022-1144.2x₹5484 cr91.0%42.0%0.4x
2022-1041.1x₹5484 cr91.0%42.0%0.4x
2022-0937.2x₹5484 cr91.0%42.0%0.4x
2022-0835.5x₹5484 cr91.0%42.0%0.4x
2022-0735.4x₹5484 cr91.0%42.0%0.4x
2022-0630.3x₹5484 cr91.0%42.0%0.4x
2022-0518.8x₹2964 cr—8.0%—
2022-0420.4x₹2964 cr—8.0%—
2022-0319.6x₹2964 cr—8.0%—
2022-0217.7x₹2964 cr—8.0%—
2022-0118.0x₹2964 cr—8.0%—
2021-1220.1x₹2964 cr—8.0%—
2021-1115.4x₹2964 cr—8.0%—
2021-1015.1x₹2964 cr—8.0%—
2021-0912.7x₹2964 cr—8.0%—
2021-088.9x₹2964 cr—8.0%—
2021-078.1x₹2964 cr—8.0%—
2021-068.2x₹2964 cr—8.0%—
2021-05—₹5110 cr—-4.0%—
2021-04—₹5110 cr—-4.0%—
2021-03—₹5110 cr—-4.0%—
2021-02—₹5110 cr—-4.0%—
2021-01—₹5110 cr—-4.0%—
2020-12—₹5110 cr—-4.0%—
2020-11—₹5110 cr—-4.0%—
2020-10—₹5110 cr—-4.0%—
2020-09—₹5110 cr—-4.0%—
2020-08—₹5110 cr—-4.0%—
2020-07—₹5110 cr—-4.0%—
2020-06—₹5110 cr—-4.0%—
2020-05—₹7998 cr-23.8%2.0%1.5x
2020-04—₹7998 cr-23.8%2.0%1.5x
2020-03—₹7998 cr-23.8%2.0%1.5x
2020-02—₹7998 cr-23.8%2.0%1.5x
2020-01—₹7998 cr-23.8%2.0%1.5x
2019-12—₹7998 cr-23.8%2.0%1.5x
2019-11—₹7998 cr-23.8%2.0%1.5x
2019-10—₹7998 cr-23.8%2.0%1.5x
2019-09—₹7998 cr-23.8%2.0%1.5x
2019-08—₹7998 cr-23.8%2.0%1.5x
2019-07—₹7998 cr-23.8%2.0%1.5x
2019-06—₹7998 cr-23.8%2.0%1.5x
2019-05—₹8031 cr-24.8%-1.0%1.1x
2019-04—₹8031 cr-24.8%-1.0%1.1x
2019-03—₹8031 cr-24.8%-1.0%1.1x
2019-02—₹8031 cr-24.8%-1.0%1.1x
2019-01—₹8031 cr-24.8%-1.0%1.1x

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