अApnaFunda

CHEMCON SPECIALITY CHEMICALS (CHEMCON)

Process Industries · Chemicals: Specialty · 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.54 / 100
Profitability 57Growth 17Balance sheet 88
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.60 / 100
Price 70Earnings 60FII/DII 49

Share price

Closing priceAdjusted for splits and bonus issues.

₹195.35 latest close · +4.5% over the last 90 sessions

₹180₹200₹220Jul 3Jul 29Aug 24Sep 17Oct 14Nov 9 ₹180₹200₹220Jul 3Sep 4Nov 9

₹195.35 month-end · −8.4% over 12 months

₹150₹200Nov '25Jan '26Apr '26Jun '26Sep '26Nov '26 ₹150₹200Nov '25May '26Nov '26

₹195.35 month-end · −23.6% over 3 years

₹150₹200₹250Nov '23Jun '24Jan '25Sep '25Apr '26Nov '26 ₹150₹200₹250Nov '23May '25Nov '26

₹195.35 month-end · −51.0% since Oct '20

₹200₹400Oct '20Jan '22Mar '23Jun '24Aug '25Nov '26 ₹200₹400Oct '20Nov '23Nov '26

52-week range ₹121.00 to ₹240.67 · 1-year volatility 41.1%

Was the rally earned?

-8%share price, 1 yearLower P/E held it back

Earnings helped, the multiple did not.

  • Per-share earnings added 10 points, but investors now pay less per rupee of profit (P/E 30.7x to 25.4x), which took 18 points back.
  • The share count barely moved.
Net profit growth: +10 pts. Points of the price return explained by net profit growing (or shrinking).+10 ptsNet profit growthP/E change: −18 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−18 ptsP/E changeShare price: −8%−8%Share priceNet profit growth: +10 pts. Points of the price return explained by net profit growing (or shrinking).+10ProfitP/E change: −18 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−18P/EShare price: −8%−8%Share price
Net profit growth+10 ptsNet profit rose about 10%, which lifts the price.
P/E change-18 ptsThe P/E fell from 30.7x to 25.4x, which lowers the price.
Share count change0 ptsShare count was little changed. More shares would count against the price.
-24%share price, 3 yearsEarnings-driven

Mostly earnings.

  • Per-share earnings took off 59 points, while the multiple moved less (P/E 17.0x to 25.4x).
  • The share count barely moved.
Net profit growth: −59 pts. Points of the price return explained by net profit growing (or shrinking).−59 ptsNet profit growthP/E change: +35 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+35 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: −24%−24%Share priceNet profit growth: −59 pts. Points of the price return explained by net profit growing (or shrinking).−59ProfitP/E change: +35 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+35P/EShare count change: 0 pts. Points of the price return explained by the share count changing. More shares count against the price.0SharesShare price: −24%−24%Share price
Net profit growth-59 ptsNet profit fell about 49%, which lowers the price.
P/E change+35 ptsThe P/E rose from 17.0x to 25.4x, which lifts the price.
Share count change0 ptsShare count was little changed. More shares would count against the price.
-41%share price, 5 yearsEarnings-driven

Mostly earnings.

  • Per-share earnings took off 54 points, while the multiple moved less (P/E 21.6x to 25.4x).
  • The share count barely moved.
Net profit growth: −53 pts. Points of the price return explained by net profit growing (or shrinking).−53 ptsNet profit growthP/E change: +13 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+13 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: −41%−41%Share priceNet profit growth: −53 pts. Points of the price return explained by net profit growing (or shrinking).−53ProfitP/E change: +13 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+13P/EShare count change: 0 pts. Points of the price return explained by the share count changing. More shares count against the price.0SharesShare price: −41%−41%Share price
Net profit growth-53 ptsNet profit fell about 50%, which lowers the price.
P/E change+13 ptsThe P/E rose from 21.6x to 25.4x, which lifts 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 LINDE INDIA

How rough has the ride been?

Maximum drawdown-78.5%not yet recovered
1-year volatility41.1%annualised
Beta vs sector index1.263-year daily, correlation 0.54
Volume spikes6last 90 sessions, 5x the 50-day median

Drawdown from peak

0%−25%−50%−75%202120222023202420252026−77.1% 0%−25%−50%−75%20232025−77.1%
Largest drawdowns

-78.5% (2020-10 peak to 2026-03 low, not yet recovered)

Most recent volume spikes

2026-10-12: 5.6x the 50-day median, price +6.0% that day

2026-09-21: 5.4x the 50-day median, price +4.4% that day

2026-09-15: 5x the 50-day median, price -1.5% 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?

25.4xP/E todayWithin its usual range
Against its own history49th percentile
CheapestMedian 25.5xDearest

Usual range 16.4x to 39.3x since 2020-10.

Against Process Industries25.4x vs 18.1x
This company
25.4x
Sector median
18.1x

40% above the Process Industries median.

11.6x24.9x38.2x51.5xOct '20Jan '22Apr '23Jul '24Oct '25Nov '2611.6x24.9x38.2x51.5xOct '20Nov '22Dec '24Nov '26
P/E (this company)10th to 90th percentile of its own historyIts medianProcess Industries median

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

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P/S (this company)10th to 90th percentile of its own historyIts medianProcess Industries 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 Process Industries is valued

Where does it rank among Process Industries peers?

Each cell is the company's percentile rank among its Process Industries 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

  • ROCE26th▼ 3 pts vs a year ago
  • Op. margin88th▲ 12 pts vs a year ago
  • Revenue growth72nd▲ 59 pts vs a year ago
  • EPS growth52nd▼ 24 pts vs a year ago
  • Debt/equity ↓75th▼ 8 pts vs a year ago
  • Cash cycle ↓19th▲ 14 pts vs a year ago
  • P/E ↓33rd▼ 3 pts vs a year ago
  • 12M momentum52nd▼ 18 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 Process Industries sector page Watch it move against Process Industries in the Observatory

What is the price implying?

~15%annual earnings growth implied by the price

At a P/E of 19.3x, the price would imply about 14.9%/yr earnings growth for 10 years under the same assumptions, but it is not ranked.

Below the ₹1,000 cr market-cap floor used for the lists.

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

What prices imply across Process Industries The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov
₹195.35
P/E
25.4x
ROCE
6.0%
Market Cap
₹715 cr
Revenue (TTM)
₹253 cr
P/S
2.8x
P/B
1.5x
ROE
5.8%
Operating Margin
23.2%
Debt / Equity
0.1x
Promoter Holding
74.5%
12M Momentum
-8.4%

52-week range

₹121.00₹240.67
62% of the way from its 52-week low to its high

Price risk

1Y volatility
41.1%
Beta vs sector
1-year daily
1.42

Balance sheet & cash

Interest cover
operating profit ÷ interest
15.5x
Cash from profit, 3Y
operating cash flow ÷ net profit
1.37x
Share count, 1Y
unchanged

Are profits backed by cash?

5 of 7checks within range1 beyond a threshold
Other income reliance41%Beyond threshold

Other income as a share of pre-tax profit (trailing twelve months): 40.6%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate26%Within range

Median quarterly effective tax rate over about 2.5 years: 25.8%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion1.37xWithin range

Operating cash flow divided by net profit over the last three fiscal years: 1.37x (cash from operations ₹92 cr, net profit ₹67 cr). Bands: 0.8x and above, 0.5x to 0.8x, below 0.5x.

Free cash flow3 of 5 yrsNear threshold

Fiscal years with positive free cash flow in the last 5: 3. Bands: at least 80% of years, 40% to 80%, below 40%.

Receivable days vs history+6 daysWithin range

Debtor days are above the median of the previous three fiscal years by 6 days (97 vs 91). Bands: under 15 days, 15 to 45, over 45.

Capital work in progress11% of fixed assetsWithin range

Capital work-in-progress is 11% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.

Payable days+19 days / 2 yrsWithin range

Days payable changed by +19 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, institutional and promoter holdings were broadly unchanged.
  • The number of shareholders fell from 83,509 to 64,587 (-23%) between Sep 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupSep '23Jun '26Change
Promoters74.5%74.5%0.0 pts
FIIs0.0%0.3%+0.2 pts
DIIs0.3%0.0%-0.3 pts
Public and others25.2%25.3%0.0 pts

Number of shareholders

64,587shareholders-23% since Sep '23
65k71k77k84k Sep '23Mar '24Jun '25Dec '25Jun '26
Sep '23: 83,509
Dec '23: 81,367
Mar '24: 79,108
Mar '25: 70,723
Jun '25: 69,527
Sep '25: 69,211
Dec '25: 66,850
Mar '26: 64,986
Jun '26: 64,587
65k71k77k84k Sep '23Mar '25Dec '25Jun '26
Sep '23: 83,509
Dec '23: 81,367
Mar '24: 79,108
Mar '25: 70,723
Jun '25: 69,527
Sep '25: 69,211
Dec '25: 66,850
Mar '26: 64,986
Jun '26: 64,587

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

−2.6%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 CHEMCON SPECIALITY CHEMICALS 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 −22% to +30% vs the market, against −4% for all non-financial companies in the same months.
  • The gap against the base rate (+1.3%, 80% range −5.3% to +5.7%) is within what chance and overlapping periods produce.

Where the 50 outcomes landed

−100%−50%0%+50%+100%
THEMISMED · Dec 2024: −63.8% vs market
EXXARO · Feb 2023: −37.1% vs market
GANESHBE · May 2023: −35.6% vs market
AEROENTER · Jan 2025: −34.7% vs market
SHREEPUSHK · May 2022: −34.4% vs market
JINDRILL · Dec 2024: −29.5% vs market
ADOR · Jan 2020: −27.9% vs market
UNIDT · Mar 2025: −27.3% vs market
KOPRAN · Apr 2024: −27.3% vs market
PARKHOTELS · Sep 2025: −27.0% vs market
GUJAPOLLO · Jul 2023: −25.2% vs market
HARSHA · Oct 2024: −23.1% vs market
KRSNAA · Dec 2024: −22.8% vs market
HINDCOMPOS · Nov 2023: −19.9% vs market
GRAPHITE · Jan 2024: −19.2% vs market
IMPAL · Jan 2020: −19.1% vs market
MMP · May 2024: −14.4% vs market
SEAMECLTD · May 2024: −13.0% vs market
KINGFA · Mar 2020: −11.1% vs market
NINSYS · Mar 2025: −9.2% vs market
BOROSCI · Jul 2025: −8.8% vs market
ORIENTCER · Sep 2023: −5.5% vs market
NAVNETEDUL · Nov 2022: −4.8% vs market
TDPOWERSYS · Jun 2020: −4.6% vs market
CLEDUCATE · Dec 2023: −4.3% vs market
GUFICBIO · Sep 2024: −0.8% vs market
ELDEHSG · Aug 2025: −0.2% vs market
BBL · Apr 2020: +2.5% vs market
PRECAM · Apr 2023: +3.2% vs market
INDNIPPON · Sep 2023: +3.5% vs market
DREDGECORP · Feb 2020: +7.0% vs market
SREEL · Jul 2022: +9.2% vs market
AIRAN · Aug 2023: +12.0% vs market
GUJALKALI · Oct 2021: +14.4% vs market
BHAGERIA · Aug 2025: +21.0% vs market
SINTERCOM · Mar 2020: +25.2% vs market
TTKHLTCARE · Oct 2022: +28.6% vs market
AMJLAND · Nov 2023: +31.1% vs market
RAMCOIND · Apr 2020: +34.8% vs market
NDRAUTO · Feb 2022: +37.5% vs market
KILITCH · Apr 2023: +40.9% vs market
SHALBY · Feb 2023: +46.3% vs market
APTECHT · Jan 2021: +52.4% vs market
STERTOOLS · May 2022: +61.8% vs market
JAICORPLTD · Aug 2022: +69.0% vs market
SAKAR · Apr 2025: +116.8% vs market
KABRAEXTRU · Aug 2020: +122.6% vs market
SANGHVIMOV · Oct 2022: +197.5% vs market
HBLENGINE · May 2023: +222.4% vs market
BORORENEW · Feb 2020: +235.4% vs market
Similar setups −2.6%All companies −3.9%← 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 · 5 beyond the range shown, drawn at the edge

Similar setups' median
−2.6%
All companies' median
−3.9%
Beat the market
46% vs 46%

50 past situations · 50 companies · 34 months · 2020–2025

The closest matches

CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
TTKHLTCARE
Health Technology
Oct 2022 29x8% +27%−11% +29%
NAVNETEDUL
Producer Manufacturing
Nov 2022 38x6% +26%−15% −5%
NINSYS
Technology Services
Mar 2025 34x— −8%−32% −9%
BORORENEW
Process Industries
Feb 2020 11x10% −14%−22% +235%
SREEL
Consumer Non-Durables
Jul 2022 24x7% +1%−19% +9%
Show the other 3 matches
CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
GUJAPOLLO
Producer Manufacturing
Jul 2023 23x2% +21%−4% −25%
UNIDT
Industrial Services
Mar 2025 30x6% −7%−27% −27%
AIRAN
Technology Services
Aug 2023 28x11% +18%−4% +12%
How reliable is this?

Matched on P/E, P/S, ROCE, operating margin, debt/equity, interest cover, revenue growth, 12-month momentum, drawdown from 12-month high, size and volatility. Closest on: 12-month momentum, drawdown from 12-month high and P/E. One match per company and at most 7 from any one month.

Independent periods: the matches fall in 6 distinct 12-month windows. Matches from nearby months share the same market conditions, so fewer windows means less evidence.

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 CHEMCON SPECIALITY CHEMICALS. 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.

Health Technology
69%similar
revenueoperating margin
Transportation
58%similar
volatilityrevenue
Finance
57%similar
market caprevenue growth
Health Technology
56%similar
revenuepromoter holding
Producer Manufacturing
56%similar
volatilityrevenue
JAI CORPJAICORPLTD
Process Industries
58%similar
promoter holdingrevenue growth
Process Industries
55%similar
volatilityrevenue growth
Process Industries
46%similar
revenuedebt/equity

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

What changed?

30 events since Aug '22

  1. OctPriceVolume reached 5.6x its 50-day median on 2026-10-12; price +6.0% that day.
  2. SepResultsYear-on-year EPS growth turned positive.
  3. SepPeer rankMoved into the top quartile of Process Industries on operating margin (from the 2nd quartile).
  4. SepPriceVolume reached 10.2x its 50-day median on 2026-09-09; price +5.0% that day.
  5. JunDividendStarted paying a dividend (payout 101% of profit).
  6. JunPriceVolume reached 73.8x its 50-day median on 2026-06-05; price +13.2% that day.
  7. MarResultsYear-on-year EPS growth turned negative.
  8. MarPriceFell 78% from the Oct 2020 peak to the Mar 2026 low.
Show 22 earlier events
  1. MarPeer rankSlipped to the 3rd quartile of Process Industries on EPS growth (from the 2nd quartile).
  2. DecPeer rankSlipped to the 2nd quartile of Process Industries on operating margin (from the top quartile).
  3. OctPriceVolume reached 20.7x its 50-day median on 2025-10-06; price +2.8% that day.
  4. SepPeer rankMoved into the top quartile of Process Industries on operating margin (from the 2nd quartile).
  5. SepPriceVolume reached 365.8x its 50-day median on 2025-09-25; price +15.1% that day.
  6. JunResultsYear-on-year EPS growth turned positive.
  7. JunPeer rankSlipped to the 2nd quartile of Process Industries on operating margin (from the top quartile).
  8. MayPriceVolume reached 5.6x its 50-day median on 2025-05-13; price +8.0% that day.
  9. FebPriceVolume reached 8.4x its 50-day median on 2025-02-13; price +7.3% that day.
  10. SepPriceVolume reached 13.2x its 50-day median on 2024-09-17; price +3.7% that day.
  11. JunPeer rankSlipped to the 3rd quartile of Process Industries on ROCE (from the 2nd quartile).
  12. JunDividendDividend payout cut from 27% to 0% of profit.
  13. JunPriceVolume reached 13.3x its 50-day median on 2024-06-20; price +5.9% that day.
  14. MarValuationP/E fell below the 10th percentile of its own history to date (14.9x).
  15. DecPriceVolume reached 25.3x its 50-day median on 2023-12-26; price +8.1% that day.
  16. SepPriceVolume reached 6.1x its 50-day median on 2023-09-08; price +3.4% that day.
  17. JunResultsYear-on-year EPS growth turned negative.
  18. JunDividendStarted paying a dividend (payout 27% of profit).
  19. MayPriceVolume reached 8.0x its 50-day median on 2023-05-23; price +5.9% that day.
  20. NovValuationP/E fell below the 10th percentile of its own history to date (16.8x).
  21. NovPriceVolume reached 6.9x its 50-day median on 2022-11-14; price -17.9% that day.
  22. AugPriceVolume reached 44.8x its 50-day median on 2022-08-10; price +19.4% 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 history74 months · 2020-10 to 2026-11
MonthP/ERevenue (TTM)ROEROCEDebt / Equity
2026-1125.4x₹253 cr5.8%6.0%0.1x
2026-1023.6x₹253 cr5.8%6.0%0.1x
2026-0928.3x₹253 cr5.8%6.0%0.1x
2026-0831.2x₹240 cr4.9%6.0%0.1x
2026-0727.3x₹240 cr4.9%6.0%0.1x
2026-0628.9x₹240 cr4.9%6.0%0.1x
2026-0532.3x₹219 cr4.2%7.0%0.0x
2026-0426.9x₹219 cr4.2%7.0%0.0x
2026-0321.1x₹219 cr4.2%7.0%0.0x
2026-0223.4x₹217 cr5.0%7.0%0.0x
2026-0125.5x₹217 cr5.0%7.0%0.0x
2025-1228.9x₹217 cr5.0%7.0%0.0x
2025-1130.7x₹215 cr5.1%7.0%0.0x
2025-1034.1x₹215 cr5.1%7.0%0.0x
2025-0937.4x₹215 cr5.1%7.0%0.0x
2025-0830.2x₹207 cr4.9%7.0%0.0x
2025-0735.3x₹207 cr4.9%7.0%0.0x
2025-0629.0x₹207 cr4.9%7.0%0.0x
2025-0529.8x₹212 cr4.9%6.0%0.1x
2025-0428.9x₹212 cr4.9%6.0%0.1x
2025-0325.1x₹212 cr4.9%6.0%0.1x
2025-0235.5x₹211 cr4.0%6.0%0.1x
2025-0140.2x₹211 cr4.0%6.0%0.1x
2024-1242.1x₹211 cr4.0%6.0%0.1x
2024-1146.1x₹233 cr3.9%6.0%0.1x
2024-1047.2x₹233 cr3.9%6.0%0.1x
2024-0951.5x₹233 cr3.9%6.0%0.1x
2024-0849.3x₹267 cr4.0%6.0%0.1x
2024-0749.9x₹267 cr4.0%6.0%0.1x
2024-0647.4x₹267 cr4.0%6.0%0.1x
2024-0515.3x₹303 cr12.0%15.0%0.1x
2024-0416.5x₹303 cr12.0%15.0%0.1x
2024-0314.9x₹303 cr12.0%15.0%0.1x
2024-0217.4x₹303 cr12.0%15.0%0.1x
2024-0117.7x₹303 cr12.0%15.0%0.1x
2023-1218.9x₹303 cr12.0%15.0%0.1x
2023-1117.0x₹303 cr12.0%15.0%0.1x
2023-1016.6x₹303 cr12.0%15.0%0.1x
2023-0918.1x₹303 cr12.0%15.0%0.1x
2023-0818.1x₹303 cr12.0%15.0%0.1x
2023-0717.1x₹303 cr12.0%15.0%0.1x
2023-0617.9x₹303 cr12.0%15.0%0.1x
2023-0515.0x₹257 cr15.1%21.0%0.1x
2023-0415.0x₹257 cr15.1%21.0%0.1x
2023-0312.9x₹257 cr15.1%21.0%0.1x
2023-0215.0x₹257 cr15.1%21.0%0.1x
2023-0115.9x₹257 cr15.1%21.0%0.1x
2022-1216.9x₹257 cr15.1%21.0%0.1x
2022-1116.8x₹257 cr15.1%21.0%0.1x
2022-1023.2x₹257 cr15.1%21.0%0.1x
2022-0925.4x₹257 cr15.1%21.0%0.1x
2022-0823.3x₹257 cr15.1%21.0%0.1x
2022-0718.8x₹257 cr15.1%21.0%0.1x
2022-0616.4x₹257 cr15.1%21.0%0.1x
2022-0517.8x₹243 cr15.8%29.0%0.0x
2022-0420.1x₹243 cr15.8%29.0%0.0x
2022-0316.8x₹243 cr15.8%29.0%0.0x
2022-0217.8x₹243 cr15.8%29.0%0.0x
2022-0121.6x₹243 cr15.8%29.0%0.0x
2021-1223.1x₹243 cr15.8%29.0%0.0x
2021-1121.6x₹243 cr15.8%29.0%0.0x
2021-1025.6x₹243 cr15.8%29.0%0.0x
2021-0927.5x₹243 cr15.8%29.0%0.0x
2021-0828.5x₹243 cr15.8%29.0%0.0x
2021-0731.5x₹243 cr15.8%29.0%0.0x
2021-0630.3x₹243 cr15.8%29.0%0.0x
2021-0528.2x₹262 cr33.3%43.0%0.3x
2021-0426.9x₹262 cr33.3%43.0%0.3x
2021-0325.7x₹262 cr33.3%43.0%0.3x
2021-0227.2x₹262 cr33.3%43.0%0.3x
2021-0126.6x₹262 cr33.3%43.0%0.3x
2020-1231.4x₹262 cr33.3%43.0%0.3x
2020-1126.3x₹262 cr33.3%43.0%0.3x
2020-1025.9x₹262 cr33.3%43.0%0.3x

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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