Share price
₹10,493 latest close · +15.1% over the last 90 sessions
₹10,493 month-end · +49.4% over 12 months
₹10,493 month-end · +107.8% over 3 years
₹10,493 month-end · +639.2% since Mar '21
52-week range ₹6451.50 to ₹11999.00 · 1-year volatility 37.0%
Was the rally earned?
Mostly yes, with a catch.
- Per-share earnings added 94 points, but investors now pay less per rupee of profit (P/E 79.4x to 55.4x), which took 44 points back.
- The share count rose 5%.
Both mattered.
- Per-share earnings added 70 points and the multiple added 38 points (P/E 43.0x to 55.4x).
- The share count rose 18%.
Mostly yes.
- Per-share earnings added 334 points to the rise, while the multiple moved less (P/E 49.3x to 55.4x).
- The share count rose 19%.
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.
How rough has the ride been?
Drawdown from peak
Largest drawdowns
-40.4% (2024-09 peak to 2025-02 low, recovered 2025-07)
-30.3% (2021-11 peak to 2022-02 low, recovered 2022-07)
-29.3% (2023-12 peak to 2024-03 low, recovered 2024-06)
Most recent volume spikes
2026-09-18: 5.6x the 50-day median, price +1.8% that day
2026-08-31: 5.6x the 50-day median, price +0.7% that day
2026-07-29: 9.3x the 50-day median, price +6.7% 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?
Usual range 36.6x to 74.9x since 2021-03.
87% above the Producer Manufacturing median.
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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.
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
- ROCE46th▲ 14 pts vs a year ago
- Op. margin75th▲ 6 pts vs a year ago
- Revenue growth85th▼ 4 pts vs a year ago
- EPS growth92nd▲ 74 pts vs a year ago
- Debt/equity ↓8th▼ 9 pts vs a year ago
- Cash cycle ↓66th▼ 8 pts vs a year ago
- P/E ↓20th▲ 9 pts vs a year ago
- 12M momentum87th▼ 4 pts vs a year ago
Rank history
Percentiles use today's listed companies in the sector and need at least 5 peers with a value; grey cells have too few.
ROE is computed from net profit and book value where the source does not report it.
The Producer Manufacturing sector page Watch it move against Producer Manufacturing in the Observatory
What is the price implying?
At normalised P/E (five-year average earnings) of 96.4x, a holder earning 12%/yr needs earnings to grow about 34.6%/yr for 10 years, then trade at 15x.
Over time
Implied growth by month (solid) and delivered growth (dashed).
Change the assumptions
| Exit P/E / return | 11% | 12% | 13% |
|---|---|---|---|
| 12x | 36.4% | 37.6% | 38.8% |
| 15x | 33.4% | 34.6% | 35.8% |
| 20x | 29.7% | 30.8% | 32.0% |
Drag a slider to test other assumptions
Implied: 34.6%/yrLooking back
- Jan 2022Price implied 29%/yr; EPS has since grown 29%/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
- ₹10493.00
- P/E
- 55.4x
- ROCE
- 14.0%
- Market Cap
- ₹27444 cr
- Revenue (TTM)
- ₹8717 cr
- P/S
- 3.1x
- P/B
- 8.4x
- ROE
- 15.2%
- Operating Margin
- 16.0%
- Debt / Equity
- 1.1x
- Promoter Holding
- 42.4%
- 12M Momentum
- 49.4%
52-week range
Price risk
Balance sheet & cash
Are profits backed by cash?
Other income reliance12%Within range
Other income as a share of pre-tax profit (trailing twelve months): 11.9%. Bands: below 15%, 15% to 35%, above 35%.
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%.
Cash conversion1.43xWithin range
Operating cash flow divided by net profit over the last three fiscal years: 1.43x (cash from operations ₹1,318 cr, net profit ₹922 cr). Bands: 0.8x and above, 0.5x to 0.8x, below 0.5x.
Free cash flow2 of 5 yrsNear threshold
Fiscal years with positive free cash flow in the last 5: 2. Bands: at least 80% of years, 40% to 80%, below 40%.
Receivable days vs history-9 daysWithin range
Debtor days are below the median of the previous three fiscal years by 9 days (50 vs 59). Bands: under 15 days, 15 to 45, over 45.
Capital work in progress8% of fixed assetsWithin range
Capital work-in-progress is 8% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.
Payable days-2 days / 2 yrsWithin range
Days payable changed by -2 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.
Who has been buying and selling?
- Over 3 years, DIIs added 15.6 pts; promoters trimmed 12.6 pts; FIIs added 4.6 pts.
- The number of shareholders fell from 79,176 to 64,028 (-19%) between Sep 2023 and Jun 2026.
Holdings, Jun '26
How each group changed
Number of shareholders
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.
What happened next to similar setups
- We found 50 past situations where a non-financial company looked like CRAFTSMAN AUTOMATION 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 −24% to +32% vs the market, against −3% for all non-financial companies in the same months.
- The gap against the base rate (+4.9%, 80% range −12.3% to +11.3%) is within what chance and overlapping periods produce.
Where the 50 outcomes landed
Each dot is one past situation (hover or tap for details) · Solid dots are the closest matches, listed below · Shaded is the middle half of all companies in the same months · 4 beyond the range shown, drawn at the edge
50 past situations · 50 companies · 30 months · 2020–2025
The closest matches
| Company | When | P/E | ROCE | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| BRIGADE Finance |
Jun 2024 | 69x | 13% | +134% | −5% | −19% |
| BHARATFORG Producer Manufacturing |
Jun 2024 | 82x | 13% | +100% | −7% | −23% |
| APOLLOHOSP Health Services |
Nov 2020 | 72x | 14% | +63% | −1% | +72% |
| JBMA Producer Manufacturing |
May 2023 | 61x | 14% | +88% | −3% | +80% |
| VBL Consumer Non-Durables |
Mar 2020 | 33x | 18% | −8% | −38% | +5% |
Show the other 3 matches
How reliable is this?
Matched on P/E, P/S, ROCE, operating margin, debt/equity, interest cover, revenue growth, 12-month momentum, drawdown from 12-month high, size and volatility. Closest on: drawdown from 12-month high, ROCE and P/S. One match per company and at most 7 from any one month.
Independent periods: the matches fall in 6 distinct 12-month windows. Matches from nearby months share the same market conditions, so fewer windows means less evidence.
What else looks like this?
Companies with the most similar financial profile today, regardless of industry.
Similarity is statistical, based on reported metrics; it does not imply similar business quality or future returns.
What changed?
30 events since Jun '24
- SepPromoterPromoter holding fell 6.3 pts to 42.4%.
- JulPriceVolume reached 9.3x its 50-day median on 2026-07-29; price +6.7% that day.
- JunInstitutionsFII + DII holding rose 3.7 pts over 2 quarters to 43.5%.
- JunDebtDebt / equity rose above 1.0x (1.11x).
- MayPriceVolume reached 82.7x its 50-day median on 2026-05-08; price +4.0% that day.
- MarResultsYear-on-year EPS growth turned positive.
- MarPeer rankMoved into the top quartile of Producer Manufacturing on EPS growth (from the 3rd quartile).
- DecPeer rankMoved into the 3rd quartile of Producer Manufacturing on EPS growth (from the bottom quartile).
Show 22 earlier events
- NovPriceVolume reached 21.9x its 50-day median on 2025-11-11; price +5.7% that day.
- JulPriceRegained the 2024-09 peak, 5 months after the low.
- JulPriceVolume reached 10.8x its 50-day median on 2025-07-30; price +6.4% that day.
- JunPeer rankSlipped to the 3rd quartile of Producer Manufacturing on ROCE (from the 2nd quartile).
- JunDebtDebt / equity fell below 1.0x (0.83x).
- JunSharesShare count is up 9.1% over 12 months.
- MayPriceVolume reached 9.6x its 50-day median on 2025-05-09; price +6.3% that day.
- MarValuationP/E crossed above the 90th percentile of its own history to date (58.7x).
- MarPeer rankSlipped to the bottom quartile of Producer Manufacturing on EPS growth (from the 3rd quartile).
- FebPriceFell 40% from the Sep 2024 peak to the Feb 2025 low.
- JanPriceVolume reached 11.1x its 50-day median on 2025-01-31; price +2.8% that day.
- DecResultsYear-on-year EPS growth turned negative.
- DecPeer rankSlipped to the 2nd quartile of Producer Manufacturing on operating margin (from the top quartile).
- DecPriceVolume reached 10.0x its 50-day median on 2024-12-18; price +11.1% that day.
- SepPromoterPromoter holding fell 6.3 pts to 48.7%.
- SepInstitutionsFII + DII holding rose 8.7 pts over 1 quarter to 37.2%.
- SepPeer rankSlipped to the 3rd quartile of Producer Manufacturing on EPS growth (from the 2nd quartile).
- SepPriceVolume reached 16.5x its 50-day median on 2024-09-25; price +1.6% that day.
- JunResultsRevenue (TTM) reached a new high of ₹4,452 cr.
- JunPriceRegained the 2023-12 peak, 3 months after the low.
- JunDebtDebt / equity rose above 1.0x (1.06x).
- JunPriceVolume reached 53.5x its 50-day median on 2024-06-25; price +13.1% 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 history69 months · 2021-03 to 2026-11
| Month | P/E | Revenue (TTM) | ROE | ROCE | Debt / Equity |
|---|---|---|---|---|---|
| 2026-11 | 55.4x | ₹8717 cr | 15.2% | 14.0% | 1.1x |
| 2026-10 | 54.2x | ₹8717 cr | 14.8% | 14.0% | 1.1x |
| 2026-09 | 55.0x | ₹8717 cr | 14.8% | 14.0% | 1.1x |
| 2026-08 | 69.6x | ₹8069 cr | 12.3% | 14.0% | 1.1x |
| 2026-07 | 61.3x | ₹8069 cr | 12.3% | 14.0% | 1.1x |
| 2026-06 | 58.8x | ₹8069 cr | 12.3% | 14.0% | 1.1x |
| 2026-05 | 64.7x | ₹7592 cr | 12.2% | 12.0% | 0.8x |
| 2026-04 | 54.9x | ₹7592 cr | 12.2% | 12.0% | 0.8x |
| 2026-03 | 49.8x | ₹7592 cr | 12.2% | 12.0% | 0.8x |
| 2026-02 | 74.8x | ₹7111 cr | 8.8% | 12.0% | 0.8x |
| 2026-01 | 72.7x | ₹7111 cr | 8.8% | 12.0% | 0.8x |
| 2025-12 | 76.4x | ₹7111 cr | 8.8% | 12.0% | 0.8x |
| 2025-11 | 79.4x | ₹6323 cr | 7.7% | 12.0% | 0.8x |
| 2025-10 | 75.5x | ₹6323 cr | 7.7% | 12.0% | 0.8x |
| 2025-09 | 76.8x | ₹6323 cr | 7.7% | 12.0% | 0.8x |
| 2025-08 | 84.7x | ₹5690 cr | 7.3% | 12.0% | 0.8x |
| 2025-07 | 82.8x | ₹5690 cr | 7.3% | 12.0% | 0.8x |
| 2025-06 | 68.3x | ₹5690 cr | 7.3% | 12.0% | 0.8x |
| 2025-05 | 67.5x | ₹5046 cr | 12.9% | 20.0% | 1.1x |
| 2025-04 | 55.4x | ₹5046 cr | 12.9% | 20.0% | 1.1x |
| 2025-03 | 58.7x | ₹5046 cr | 12.9% | 20.0% | 1.1x |
| 2025-02 | 40.1x | ₹4600 cr | 17.1% | 20.0% | 1.1x |
| 2025-01 | 37.2x | ₹4600 cr | 17.1% | 20.0% | 1.1x |
| 2024-12 | 48.0x | ₹4600 cr | 17.1% | 20.0% | 1.1x |
| 2024-11 | 38.9x | ₹4565 cr | 19.8% | 20.0% | 1.1x |
| 2024-10 | 38.9x | ₹4565 cr | 19.8% | 20.0% | 1.1x |
| 2024-09 | 49.4x | ₹4565 cr | 19.8% | 20.0% | 1.1x |
| 2024-08 | 41.9x | ₹4452 cr | 21.2% | 20.0% | 1.1x |
| 2024-07 | 38.8x | ₹4452 cr | 21.2% | 20.0% | 1.1x |
| 2024-06 | 38.5x | ₹4452 cr | 21.2% | 20.0% | 1.1x |
| 2024-05 | 36.0x | ₹3183 cr | 19.0% | 21.0% | 0.9x |
| 2024-04 | 37.7x | ₹3183 cr | 19.0% | 21.0% | 0.9x |
| 2024-03 | 36.7x | ₹3183 cr | 19.0% | 21.0% | 0.9x |
| 2024-02 | 35.6x | ₹3183 cr | 19.0% | 21.0% | 0.9x |
| 2024-01 | 37.2x | ₹3183 cr | 19.0% | 21.0% | 0.9x |
| 2023-12 | 46.0x | ₹3183 cr | 19.0% | 21.0% | 0.9x |
| 2023-11 | 43.0x | ₹3183 cr | 19.0% | 21.0% | 0.9x |
| 2023-10 | 41.4x | ₹3183 cr | 19.0% | 21.0% | 0.9x |
| 2023-09 | 39.4x | ₹3183 cr | 19.0% | 21.0% | 0.9x |
| 2023-08 | 41.8x | ₹3183 cr | 19.0% | 21.0% | 0.9x |
| 2023-07 | 39.6x | ₹3183 cr | 19.0% | 21.0% | 0.9x |
| 2023-06 | 34.3x | ₹3183 cr | 19.0% | 21.0% | 0.9x |
| 2023-05 | 48.3x | ₹2217 cr | 14.9% | 18.0% | 0.7x |
| 2023-04 | 40.2x | ₹2217 cr | 14.9% | 18.0% | 0.7x |
| 2023-03 | 42.2x | ₹2217 cr | 14.9% | 18.0% | 0.7x |
| 2023-02 | 43.1x | ₹2217 cr | 14.9% | 18.0% | 0.7x |
| 2023-01 | 41.3x | ₹2217 cr | 14.9% | 18.0% | 0.7x |
| 2022-12 | 45.3x | ₹2217 cr | 14.9% | 18.0% | 0.7x |
| 2022-11 | 39.4x | ₹2217 cr | 14.9% | 18.0% | 0.7x |
| 2022-10 | 40.7x | ₹2217 cr | 14.9% | 18.0% | 0.7x |
| 2022-09 | 35.9x | ₹2217 cr | 14.9% | 18.0% | 0.7x |
| 2022-08 | 33.8x | ₹2217 cr | 14.9% | 18.0% | 0.7x |
| 2022-07 | 36.2x | ₹2217 cr | 14.9% | 18.0% | 0.7x |
| 2022-06 | 29.5x | ₹2217 cr | 14.9% | 18.0% | 0.7x |
| 2022-05 | 51.4x | ₹1560 cr | 10.4% | 14.0% | 0.8x |
| 2022-04 | 48.7x | ₹1560 cr | 10.4% | 14.0% | 0.8x |
| 2022-03 | 51.2x | ₹1560 cr | 10.4% | 14.0% | 0.8x |
| 2022-02 | 43.3x | ₹1560 cr | 10.4% | 14.0% | 0.8x |
| 2022-01 | 44.4x | ₹1560 cr | 10.4% | 14.0% | 0.8x |
| 2021-12 | 49.1x | ₹1560 cr | 10.4% | 14.0% | 0.8x |
| 2021-11 | 49.3x | ₹1560 cr | 10.4% | 14.0% | 0.8x |
| 2021-10 | 57.1x | ₹1560 cr | 10.4% | 14.0% | 0.8x |
| 2021-09 | 45.8x | ₹1560 cr | 10.4% | 14.0% | 0.8x |
| 2021-08 | 41.9x | ₹1560 cr | 10.4% | 14.0% | 0.8x |
| 2021-07 | 43.5x | ₹1560 cr | 10.4% | 14.0% | 0.8x |
| 2021-06 | 38.5x | ₹1560 cr | 10.4% | 14.0% | 0.8x |
| 2021-05 | 85.9x | ₹1492 cr | 5.8% | 12.0% | 1.5x |
| 2021-04 | 67.7x | ₹1492 cr | 5.8% | 12.0% | 1.5x |
| 2021-03 | 71.4x | ₹1492 cr | 5.8% | 12.0% | 1.5x |