अApnaFunda

CHOLAMANDALAM INVESTMENT AND F (CHOLAFIN)

Finance · Finance/Rental/Leasing · 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.85 / 100
Profitability 92Growth 78
Momentum scoreHow strong the recent trend is: 3-month price change, 12-month improvement in earnings and the rise in FII + DII holding, among companies above ₹500 cr.65 / 100
Price 48Earnings 66FII/DII 80

Share price

Closing priceAdjusted for splits and bonus issues.

₹1,790.8 latest close · +0.1% over the last 90 sessions

₹1,400₹1,600₹1,800Jul 3Jul 29Aug 24Sep 17Oct 14Nov 9 ₹1,400₹1,600₹1,800Jul 3Sep 4Nov 9

₹1,790.8 month-end · +3.2% over 12 months

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

₹1,790.8 month-end · +60.3% over 3 years

₹1,250₹1,500₹1,750Nov '23Jun '24Jan '25Sep '25Apr '26Nov '26 ₹1,250₹1,500₹1,750Nov '23May '25Nov '26

₹1,790.8 month-end · +663.8% since Jan '19

₹0₹1,000₹2,000Jan '19Aug '20Mar '22Sep '23Apr '25Nov '26 ₹0₹1,000₹2,000Jan '19Dec '22Nov '26

52-week range ₹1299.40 to ₹1952.50 · 1-year volatility 34.5%

Was the rally earned?

+3%share price, 1 yearRoughly flat
  • The share price was roughly flat over 1 year (+3%).
  • The share count barely moved.
Net profit growth: +27 pts. Points of the price return explained by net profit growing (or shrinking).+27 ptsNet profit growthP/E change: −22 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−22 ptsP/E changeShare count change: −2 pts. Points of the price return explained by the share count changing. More shares count against the price.−2 ptsShare count changeShare price: +3%+3%Share priceNet profit growth: +27 pts. Points of the price return explained by net profit growing (or shrinking).+27ProfitP/E change: −22 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−22P/EShare count change: −2 pts. Points of the price return explained by the share count changing. More shares count against the price.−2SharesShare price: +3%+3%Share price
Net profit growth+27 ptsNet profit rose about 30%, which lifts the price.
P/E change-22 ptsThe P/E fell from 32.8x to 26.4x, which lowers the price.
Share count change-2 ptsShare count was little changed. More shares would count against the price.
+60%share price, 3 yearsLower P/E held it back

Mostly yes, with a catch.

  • Per-share earnings added 94 points, but investors now pay less per rupee of profit (P/E 34.5x to 26.4x), which took 34 points back.
  • The share count rose 4%.
Net profit growth: +99 pts. Points of the price return explained by net profit growing (or shrinking).+99 ptsNet profit growthP/E change: −34 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−34 ptsP/E changeShare count change: −5 pts. Points of the price return explained by the share count changing. More shares count against the price.−5 ptsShare count changeShare price: +60%+60%Share priceNet profit growth: +99 pts. Points of the price return explained by net profit growing (or shrinking).+99ProfitP/E change: −34 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−34P/EShare count change: −5 pts. Points of the price return explained by the share count changing. More shares count against the price.−5SharesShare price: +60%+60%Share price
Net profit growth+99 ptsNet profit rose about 117%, which lifts the price.
P/E change-34 ptsThe P/E fell from 34.5x to 26.4x, which lowers the price.
Share count change-5 ptsShare count rose 4%, which lowers the price.
+225%share price, 5 yearsLower P/E held it back

Mostly yes, with a catch.

  • Per-share earnings added 248 points, but investors now pay less per rupee of profit (P/E 29.7x to 26.4x), which took 22 points back.
  • The share count rose 4%.
Net profit growth: +255 pts. Points of the price return explained by net profit growing (or shrinking).+255 ptsNet profit growthP/E change: −22 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−22 ptsP/E changeShare count change: −8 pts. Points of the price return explained by the share count changing. More shares count against the price.−8 ptsShare count changeShare price: +225%+225%Share priceNet profit growth: +255 pts. Points of the price return explained by net profit growing (or shrinking).+255ProfitP/E change: −22 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−22P/EShare count change: −8 pts. Points of the price return explained by the share count changing. More shares count against the price.−8SharesShare price: +225%+225%Share price
Net profit growth+255 ptsNet profit rose about 281%, which lifts the price.
P/E change-22 ptsThe P/E fell from 29.7x to 26.4x, which lowers the price.
Share count change-8 ptsShare count rose 4%, 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 BAJAJ FINANCE

How rough has the ride been?

Maximum drawdown-64.4%recovered 2020-11
1-year volatility34.5%annualised
Beta vs sector index1.133-year daily, correlation 0.61
Volume spikes0last 90 sessions, 5x the 50-day median

Drawdown from peak

0%−20%−40%−60%2020202120222023202420252026−64.0% 0%−20%−40%−60%2020202220242026−64.0%
Largest drawdowns

-64.4% (2020-02 peak to 2020-05 low, recovered 2020-11)

-28.7% (2024-09 peak to 2024-12 low, recovered 2025-04)

-25.6% (2021-11 peak to 2021-12 low, recovered 2022-02)

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?

5.0xP/B todayWithin its usual range
Against its own history43rd percentile
CheapestMedian 5.2xDearest

Usual range 3.5x to 6.5x since 2019-01.

Against Finance5.0x vs 1.5x
This company
5.0x
Sector median
1.5x

231% above the Finance median.

0.6x2.8x5.1x7.3xJan '19Aug '20Mar '22Oct '23May '25Nov '260.6x2.8x5.1x7.3xJan '19Sep '21May '24Nov '26
P/B (this company)10th to 90th percentile of its own historyIts medianFinance median

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P/E (this company)10th to 90th percentile of its own historyIts medianFinance median

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P/S (this company)10th to 90th percentile of its own historyIts medianFinance median
How to read this

Shaded band: 10th to 90th percentile of the company's own P/B 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 Finance is valued

Where does it rank among Finance peers?

Each cell is the company's percentile rank among its Finance peers (banks and 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

  • ROE (approx.)92ndflat vs a year ago
  • EPS growth77th▲ 3 pts vs a year ago
  • P/B ↓10thflat vs a year ago
  • 12M momentum67th▼ 18 pts vs a year ago
  • FII + DII83rdflat vs a year ago

Rank history

ROE (approx.)
EPS growth
P/B ↓
12M momentum
FII + DII
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 Finance sector page Watch it move against Finance in the Observatory

What is the price implying?

~18%annual earnings growth implied by the priceBelow delivered growth

At P/E of 26.4x, a holder earning 12%/yr needs earnings to grow about 18.2%/yr for 10 years, then trade at 15x.

Delivered22.8%/yrEPS, last 10 fiscal years · 3-yr avg to 3-yr avg
Gap−4.6 ptsimplied minus delivered
Rank30thmost demanding of 63 financials

Over time

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

0%14%29% Jan 2019Nov 2026 0%14%29% Jan 2019Nov 2026

Change the assumptions

Exit P/E / return11%12%13%
12x19.8%20.8%21.9%
15x17.2%18.2%19.3%
20x13.9%14.9%15.9%

Drag a slider to test other assumptions

Implied: 18.2%/yr

Looking back

  • Jan 2020Price implied 15%/yr; EPS has since grown 22%/yr (7.0 yrs)
  • Jan 2021Price implied 22%/yr; EPS has since grown 30%/yr (6.0 yrs)
  • Jan 2022Price implied 25%/yr; EPS has since grown 27%/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 Finance The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov
₹1790.80
P/E
26.4x
Market Cap
₹1.53L cr
Revenue (TTM)
₹32662 cr
P/S
4.7x
P/B
5.0x
ROE
19.0%
Debt / Equity
6.9x
Promoter Holding
49.2%
12M Momentum
3.2%

52-week range

₹1299.40₹1952.50
75% of the way from its 52-week low to its high

Price risk

1Y volatility
34.5%
Beta vs sector
1-year daily
1.42

Balance sheet & cash

Share count, 1Y
+1.2%

Are profits backed by cash?

1 of 1checks within rangeAll clear
Tax rate26%Within range

Median quarterly effective tax rate over about 2.5 years: 26.0%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Tap a check to see how it is measured

Cash conversion and receivable days are not meaningful for banks and NBFCs, so only the other-income and tax-rate checks are shown.

How to read this

Each check is a named rule with fixed thresholds, not a score. Annual statements are the latest restated figures, so a past year may differ from what was originally reported.

All terms explained in the glossary →

Who has been buying and selling?

  • Over 3 years, FIIs added 2.9 pts; promoters trimmed 2.2 pts; DIIs added 0.6 pts.

Holdings, Jun '26

How each group changed

GroupSep '23Jun '26Change
Promoters51.4%49.2%-2.2 pts
FIIs21.5%24.5%+2.9 pts
DIIs20.0%20.6%+0.6 pts
Public and others7.0%5.7%-1.3 pts

Number of shareholders

1.5 lakhshareholders+3% since Sep '23
1.4L1.6L1.7L1.8L Sep '23Jun '24Mar '25Dec '25Jun '26
Sep '23: 1.5 lakh
Dec '23: 1.4 lakh
Mar '24: 1.6 lakh
Jun '24: 1.4 lakh
Sep '24: 1.5 lakh
Dec '24: 1.8 lakh
Mar '25: 1.8 lakh
Jun '25: 1.8 lakh
Sep '25: 1.7 lakh
Dec '25: 1.7 lakh
Mar '26: 1.6 lakh
Jun '26: 1.5 lakh
1.4L1.6L1.7L1.8L Sep '23Sep '24Sep '25Jun '26
Sep '23: 1.5 lakh
Dec '23: 1.4 lakh
Mar '24: 1.6 lakh
Jun '24: 1.4 lakh
Sep '24: 1.5 lakh
Dec '24: 1.8 lakh
Mar '25: 1.8 lakh
Jun '25: 1.8 lakh
Sep '25: 1.7 lakh
Dec '25: 1.7 lakh
Mar '26: 1.6 lakh
Jun '26: 1.5 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

−20.5%typical 12-month return vs the marketBelow the base rate
  • We found 42 past situations where a bank, NBFC or insurer looked like CHOLAMANDALAM INVESTMENT AND F today on valuation, return on capital, growth, price momentum, size and volatility.
  • Over the following 12 months the middle half of them returned −36% to −1% vs the market, against −2% for all financial companies in the same months.
  • The analogs' median sat below that base rate (gap −18.5%, 80% range −25.5% to −11.0%), but the matches cluster in only 6 distinct 12-month windows.

Where the 42 outcomes landed

−80%−60%−40%−20%0%+20%+40%+60%
FUSION · Jan 2024: −74.8% vs market
CREDITACC · Nov 2023: −58.9% vs market
MASFIN · Dec 2020: −49.5% vs market
IIFL · Aug 2023: −47.4% vs market
IDFCFIRSTB · Aug 2023: −46.3% vs market
CSBBANK · Jun 2021: −44.4% vs market
M&MFIN · Jan 2020: −43.0% vs market
BANDHANBNK · Jan 2020: −42.3% vs market
IREDA · Jan 2025: −38.4% vs market
HUDCO · Oct 2025: −36.2% vs market
IRFC · Sep 2025: −36.2% vs market
SUNDARMFIN · Jun 2021: −34.2% vs market
AAVAS · Mar 2022: −34.0% vs market
LTF · Jan 2020: −33.7% vs market
APTUS · Feb 2025: −32.8% vs market
MAHABANK · Apr 2024: −28.9% vs market
INDIASHLTR · Sep 2025: −27.6% vs market
CUB · May 2020: −27.0% vs market
BAJAJHFL · Sep 2025: −25.9% vs market
MANAPPURAM · May 2020: −25.3% vs market
SBICARD · Jul 2022: −20.6% vs market
KOTAKBANK · Jan 2021: −20.3% vs market
SBFC · Sep 2025: −19.8% vs market
IDBI · Oct 2025: −18.2% vs market
AADHARHFC · Sep 2025: −15.0% vs market
HDFCBANK · Jul 2020: −11.8% vs market
FIVESTAR · May 2024: −10.9% vs market
AUBANK · Oct 2021: −6.6% vs market
ARMANFIN · Apr 2023: −6.5% vs market
SBIN · Sep 2022: −2.8% vs market
AXISBANK · Oct 2022: −1.3% vs market
HOMEFIRST · Oct 2024: −1.3% vs market
CGCL · Apr 2022: −0.2% vs market
CHOLAHLDNG · Sep 2024: −0.1% vs market
CANFINHOME · Sep 2020: +1.0% vs market
ICICIBANK · Jan 2022: +6.2% vs market
IOB · Dec 2022: +6.2% vs market
INDUSINDBK · Jul 2022: +18.4% vs market
BAJFINANCE · Mar 2020: +29.3% vs market
SHRIRAMFIN · Jun 2025: +47.1% vs market
MUTHOOTFIN · May 2025: +47.6% vs market
KARURVYSYA · Oct 2025: +54.8% vs market
Similar setups −20.5%All companies −2.0%← 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

Similar setups' median
−20.5%
All companies' median
−2.0%
Beat the market
19% vs 48%

42 past situations · 42 companies · 30 months · 2020–2025

The closest matches

CompanyWhenP/EP/B12M mom.DrawdownNext 12 months
BAJFINANCE
Finance
Mar 2020 32x6.5x −27%−55% +29%
SBICARD
Finance
Jul 2022 55x11.4x −9%−18% −21%
AUBANK
Finance
Oct 2021 45x23.0x +57%−11% −7%
BANDHANBNK
Finance
Jan 2020 28x4.8x +12%−28% −42%
SUNDARMFIN
Finance
Jun 2021 26x4.0x +84%−5% −34%
Show the other 3 matches
CompanyWhenP/EP/B12M mom.DrawdownNext 12 months
KOTAKBANK
Finance
Jan 2021 38x4.9x +1%−15% −20%
AAVAS
Finance
Mar 2022 62x8.4x +6%−20% −34%
CREDITACC
Finance
Nov 2023 32x5.2x +77%−2% −59%
How reliable is this?

Matched on P/E, P/B, ROE, revenue growth, 12-month momentum, drawdown from 12-month high, size and volatility. Closest on: 12-month momentum, drawdown from 12-month high and revenue growth. 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 CHOLAMANDALAM INVESTMENT AND F. 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.

BAJAJ FINANCEBAJFINANCE
Finance
77%similar
ROEP/B
SHRIRAM FINANCESHRIRAMFIN
Finance
67%similar
market capROE
Finance
56%similar
promoter holdingP/B

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

What changed?

30 events since Oct '21

  1. OctPriceFell 25% from the Aug 2026 peak to the Oct 2026 low.
  2. JulPriceRegained the 2026-01 peak, 4 months after the low.
  3. JunPeer rankMoved into the top quartile of Finance on EPS growth (from the 2nd quartile).
  4. AprPeer rankSlipped to the 2nd quartile of Finance on EPS growth (from the top quartile).
  5. MarPriceFell 25% from the Jan 2026 peak to the Mar 2026 low.
  6. FebPriceVolume reached 7.3x its 50-day median on 2026-02-26; price -0.4% that day.
  7. DecPeer rankMoved into the top quartile of Finance on EPS growth (from the 2nd quartile).
  8. DecPriceVolume reached 5.9x its 50-day median on 2025-12-23; price +5.9% that day.
Show 22 earlier events
  1. MayValuationP/B crossed above the 90th percentile of its own history to date (6.9x).
  2. MayPeer rankSlipped to the 2nd quartile of Finance on EPS growth (from the top quartile).
  3. AprPriceRegained the 2024-09 peak, 4 months after the low.
  4. MarPeer rankMoved into the top quartile of Finance on EPS growth (from the 2nd quartile).
  5. DecPriceFell 29% from the Sep 2024 peak to the Dec 2024 low.
  6. SepValuationP/B crossed above the 90th percentile of its own history to date (6.9x).
  7. JunResultsRevenue (TTM) reached a new high of ₹19,163 cr.
  8. JunPeer rankMoved into the 2nd quartile of Finance on EPS growth (from the 3rd quartile).
  9. MarValuationP/B crossed above the 90th percentile of its own history to date (6.6x).
  10. AugPriceVolume reached 7.4x its 50-day median on 2023-08-02; price -2.7% that day.
  11. JunResultsRevenue (TTM) reached a new high of ₹12,884 cr.
  12. JunPeer rankSlipped to the 3rd quartile of Finance on EPS growth (from the 2nd quartile).
  13. AprValuationP/B crossed above the 90th percentile of its own history to date (6.1x).
  14. AprPriceVolume reached 11.8x its 50-day median on 2023-04-06; price +7.5% that day.
  15. FebPriceVolume reached 9.3x its 50-day median on 2023-02-01; price +6.1% that day.
  16. NovPriceVolume reached 5.2x its 50-day median on 2022-11-02; price +5.0% that day.
  17. JunResultsRevenue (TTM) reached a new high of ₹10,148 cr.
  18. JunPeer rankSlipped to the 2nd quartile of Finance on EPS growth (from the top quartile).
  19. AprPriceVolume reached 5.0x its 50-day median on 2022-04-08; price +8.0% that day.
  20. FebPriceRegained the 2021-11 peak, 2 months after the low.
  21. DecPriceFell 26% from the Nov 2021 peak to the Dec 2021 low.
  22. OctValuationP/B crossed above the 90th percentile of its own history to date (5.3x).

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)ROEDebt / Equity
2026-1126.4x₹32662 cr19.0%6.9x
2026-1023.4x₹32662 cr19.0%6.9x
2026-0923.9x₹32662 cr19.0%6.9x
2026-0830.0x₹31073 cr19.0%6.9x
2026-0729.9x₹31073 cr19.0%6.9x
2026-0628.9x₹31073 cr19.0%6.9x
2026-0526.7x₹29702 cr20.0%7.4x
2026-0427.1x₹29702 cr20.0%7.4x
2026-0323.5x₹29702 cr20.0%7.4x
2026-0231.3x₹28537 cr20.0%7.4x
2026-0129.5x₹28537 cr20.0%7.4x
2025-1230.8x₹28537 cr20.0%7.4x
2025-1132.8x₹27301 cr20.0%7.4x
2025-1032.0x₹27301 cr20.0%7.4x
2025-0930.4x₹27301 cr20.0%7.4x
2025-0828.0x₹25846 cr20.0%7.4x
2025-0728.5x₹25846 cr20.0%7.4x
2025-0632.1x₹25846 cr20.0%7.4x
2025-0533.1x₹24210 cr20.0%6.9x
2025-0430.8x₹24210 cr20.0%6.9x
2025-0331.4x₹24210 cr20.0%6.9x
2025-0230.5x₹22484 cr20.0%6.9x
2025-0128.0x₹22484 cr20.0%6.9x
2024-1225.9x₹22484 cr20.0%6.9x
2024-1128.2x₹20852 cr20.0%6.9x
2024-1029.1x₹20852 cr20.0%6.9x
2024-0936.8x₹20852 cr20.0%6.9x
2024-0835.7x₹19163 cr20.0%6.9x
2024-0734.8x₹19163 cr20.0%6.9x
2024-0635.0x₹19163 cr20.0%6.9x
2024-0538.3x₹12884 cr20.0%6.8x
2024-0436.8x₹12884 cr20.0%6.8x
2024-0335.7x₹12884 cr20.0%6.8x
2024-0233.6x₹12884 cr20.0%6.8x
2024-0136.5x₹12884 cr20.0%6.8x
2023-1238.9x₹12884 cr20.0%6.8x
2023-1134.5x₹12884 cr20.0%6.8x
2023-1035.1x₹12884 cr20.0%6.8x
2023-0937.6x₹12884 cr20.0%6.8x
2023-0834.6x₹12884 cr20.0%6.8x
2023-0734.9x₹12884 cr20.0%6.8x
2023-0635.2x₹12884 cr20.0%6.8x
2023-0540.1x₹10148 cr20.0%5.9x
2023-0433.2x₹10148 cr20.0%5.9x
2023-0329.0x₹10148 cr20.0%5.9x
2023-0228.8x₹10148 cr20.0%5.9x
2023-0127.0x₹10148 cr20.0%5.9x
2022-1227.6x₹10148 cr20.0%5.9x
2022-1127.3x₹10148 cr20.0%5.9x
2022-1027.0x₹10148 cr20.0%5.9x
2022-0927.9x₹10148 cr20.0%5.9x
2022-0830.1x₹10148 cr20.0%5.9x
2022-0726.7x₹10148 cr20.0%5.9x
2022-0623.6x₹10148 cr20.0%5.9x
2022-0536.6x₹9583 cr17.0%6.6x
2022-0439.8x₹9583 cr17.0%6.6x
2022-0338.7x₹9583 cr17.0%6.6x
2022-0237.2x₹9583 cr17.0%6.6x
2022-0133.9x₹9583 cr17.0%6.6x
2021-1228.1x₹9583 cr17.0%6.6x
2021-1129.7x₹9583 cr17.0%6.6x
2021-1033.1x₹9583 cr17.0%6.6x
2021-0930.4x₹9583 cr17.0%6.6x
2021-0829.9x₹9583 cr17.0%6.6x
2021-0725.6x₹9583 cr17.0%6.6x
2021-0627.7x₹9583 cr17.0%6.6x
2021-0542.7x₹8712 cr15.0%6.7x
2021-0444.5x₹8712 cr15.0%6.7x
2021-0343.5x₹8712 cr15.0%6.7x
2021-0240.3x₹8712 cr15.0%6.7x
2021-0130.9x₹8712 cr15.0%6.7x
2020-1230.1x₹8712 cr15.0%6.7x
2020-1130.2x₹8712 cr15.0%6.7x
2020-1021.2x₹8712 cr15.0%6.7x
2020-0919.4x₹8712 cr15.0%6.7x
2020-0818.1x₹8712 cr15.0%6.7x
2020-0715.7x₹8712 cr15.0%6.7x
2020-0614.7x₹8712 cr15.0%6.7x
2020-059.2x₹7108 cr21.0%8.1x
2020-0410.4x₹7108 cr21.0%8.1x
2020-0310.0x₹7108 cr21.0%8.1x
2020-0220.0x₹7108 cr21.0%8.1x
2020-0121.4x₹7108 cr21.0%8.1x
2019-1219.9x₹7108 cr21.0%8.1x
2019-1120.4x₹7108 cr21.0%8.1x
2019-1019.9x₹7108 cr21.0%8.1x
2019-0920.1x₹7108 cr21.0%8.1x
2019-0817.5x₹7108 cr21.0%8.1x
2019-0716.9x₹7108 cr21.0%8.1x
2019-0618.6x₹7108 cr21.0%8.1x
2019-0526.1x₹5559 cr20.0%7.5x
2019-0423.6x₹5559 cr20.0%7.5x
2019-0324.7x₹5559 cr20.0%7.5x
2019-0220.9x₹5559 cr20.0%7.5x
2019-0119.9x₹5559 cr20.0%7.5x

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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