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DODLA DAIRY LIMITED (DODLA)

Consumer Non-Durables · Food: Meat/Fish/Dairy · 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.71 / 100
Profitability 39Growth 75Balance 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.52 / 100
Price 46Earnings 17FII/DII 92

Passes these screensDebt-light & profitableConsistent compounders

Compare withHATSUN AGRO PRODUCTSPARAG MILK FOODSHERITAGE FOODS

Share price

Closing priceAdjusted for splits and bonus issues.

₹970.5 latest close · −13.1% over the last 90 sessions

₹1,000₹1,100Jul 3Jul 29Aug 24Sep 17Oct 14Nov 9 ₹1,000₹1,100Jul 3Sep 4Nov 9

₹970.5 month-end · −24.2% over 12 months

₹1,000₹1,100₹1,200₹1,300Nov '25Jan '26Apr '26Jun '26Sep '26Nov '26 ₹1,000₹1,100₹1,200₹1,300Nov '25May '26Nov '26

₹970.5 month-end · +19.2% over 3 years

₹800₹1,000₹1,200₹1,400Nov '23Jun '24Jan '25Sep '25Apr '26Nov '26 ₹800₹1,000₹1,200₹1,400Nov '23May '25Nov '26

₹970.5 month-end · +68.8% since Jun '21

₹500₹1,000₹1,500Jun '21Jul '22Aug '23Sep '24Oct '25Nov '26 ₹500₹1,000₹1,500Jun '21Mar '24Nov '26

52-week range ₹923.70 to ₹1295.30 · 1-year volatility 29.8%

Was the rally earned?

-24%share price, 1 yearMultiple-driven

Mostly the multiple.

  • Most of the fall came from investors paying a lower multiple (P/E 29.9x to 23.9x); per-share earnings took off 4 points.
  • The share count barely moved.
Net profit growth: −4 pts. Points of the price return explained by net profit growing (or shrinking).−4 ptsNet profit growthP/E change: −20 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−20 ptsP/E changeShare price: −24%−24%Share priceNet profit growth: −4 pts. Points of the price return explained by net profit growing (or shrinking).−4ProfitP/E change: −20 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−20P/EShare price: −24%−24%Share price
Net profit growth-4 ptsNet profit fell about 5%, which lowers the price.
P/E change-20 ptsThe P/E fell from 29.9x to 23.9x, which lowers the price.
Share count change0 ptsShare count was little changed. More shares would count against the price.
+19%share price, 3 yearsLower P/E held it back

Mostly yes, with a catch.

  • Per-share earnings added 74 points, but investors now pay less per rupee of profit (P/E 39.6x to 23.9x), which took 55 points back.
  • The share count barely moved.
Net profit growth: +76 pts. Points of the price return explained by net profit growing (or shrinking).+76 ptsNet profit growthP/E change: −55 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−55 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: +19%+19%Share priceNet profit growth: +76 pts. Points of the price return explained by net profit growing (or shrinking).+76ProfitP/E change: −55 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−55P/EShare count change: −2 pts. Points of the price return explained by the share count changing. More shares count against the price.−2SharesShare price: +19%+19%Share price
Net profit growth+76 ptsNet profit rose about 101%, which lifts the price.
P/E change-55 ptsThe P/E fell from 39.6x to 23.9x, which lowers the price.
Share count change-2 ptsShare count was little changed. More shares would count against the price.
+68%share price, 5 yearsLower P/E held it back

Mostly yes, with a catch.

  • Per-share earnings added 83 points, but investors now pay less per rupee of profit (P/E 26.8x to 23.9x), which took 15 points back.
  • The share count rose 4%.
Net profit growth: +87 pts. Points of the price return explained by net profit growing (or shrinking).+87 ptsNet profit growthP/E change: −15 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−15 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: +68%+68%Share priceNet profit growth: +87 pts. Points of the price return explained by net profit growing (or shrinking).+87ProfitP/E change: −15 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−15P/EShare count change: −4 pts. Points of the price return explained by the share count changing. More shares count against the price.−4SharesShare price: +68%+68%Share price
Net profit growth+87 ptsNet profit rose about 94%, which lifts the price.
P/E change-15 ptsThe P/E fell from 26.8x to 23.9x, which lowers the price.
Share count change-4 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 HATSUN AGRO PRODUCTS

How rough has the ride been?

Maximum drawdown-35.3%recovered 2023-07
1-year volatility29.8%annualised
Beta vs sector index0.753-year daily, correlation 0.28
Volume spikes8last 90 sessions, 5x the 50-day median

Drawdown from peak

0%−10%−20%−30%20222023202420252026−33.6% 0%−10%−20%−30%202220242026−33.6%
Largest drawdowns

-35.3% (2021-09 peak to 2022-02 low, recovered 2023-07)

-34.0% (2025-07 peak to 2026-10 low, not yet recovered)

-25.5% (2024-10 peak to 2025-03 low, recovered 2025-06)

Most recent volume spikes

2026-11-04: 6.5x the 50-day median, price -3.9% that day

2026-10-23: 5.7x the 50-day median, price -0.3% that day

2026-10-19: 42.9x the 50-day median, price +0.4% 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?

23.9xP/E todayWithin its usual range
Against its own history29th percentile
CheapestMedian 27.4xDearest

Usual range 22.0x to 40.9x since 2021-06.

Against Consumer Non-Durables23.9x vs 26.8x
This company
23.9x
Sector median
26.8x

11% below the Consumer Non-Durables median.

19.6x29.7x39.9x50.1xJun '21Jul '22Aug '23Sep '24Oct '25Nov '2619.6x29.7x39.9x50.1xJun '21Apr '23Feb '25Nov '26
P/E (this company)10th to 90th percentile of its own historyIts medianConsumer Non-Durables median

The chart loads when you open this tab.

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

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P/S (this company)10th to 90th percentile of its own historyIts medianConsumer Non-Durables median
How to read this

Shaded band: 10th to 90th percentile of the company's own P/E history; dotted line: its median; orange line: sector median (companies with a positive multiple, at least 5 in the sector).

Sector figures are built from today's listed companies, so they exclude companies that are no longer listed.

All terms explained in the glossary →

How Consumer Non-Durables is valued

Where does it rank among Consumer Non-Durables peers?

Each cell is the company's percentile rank among its Consumer Non-Durables peers (non-financial companies) that month.
Darker is better-ranked.
Rows marked ↓ are inverted (lower debt, shorter cash cycle and a lower P/E rank higher).

Where it ranks today

  • ROCE64th▼ 24 pts vs a year ago
  • Op. margin14th▼ 21 pts vs a year ago
  • Revenue growth63rd▼ 11 pts vs a year ago
  • EPS growth26th▼ 54 pts vs a year ago
  • Debt/equity ↓84th▼ 4 pts vs a year ago
  • Cash cycle ↓93rdflat vs a year ago
  • P/E ↓55th▼ 4 pts vs a year ago
  • 12M momentum35th▼ 38 pts vs a year ago

Rank history

ROCE
Op. margin
Revenue growth
EPS growth
Debt/equity ↓
Cash cycle ↓
P/E ↓
12M momentum
Dec '21Jul '22Jan '23Jul '23Jan '24Jul '24Jan '25Jul '25Jan '26Jul '26Nov '26
Lower rank Higher rank Not enough data

Percentiles use today's listed companies in the sector and need at least 5 peers with a value; grey cells have too few.
ROE is computed from net profit and book value where the source does not report it.

The Consumer Non-Durables sector page Watch it move against Consumer Non-Durables in the Observatory

What is the price implying?

~20%annual earnings growth implied by the priceBelow delivered growth

At normalised P/E (five-year average earnings) of 31.0x, a holder earning 12%/yr needs earnings to grow about 20.4%/yr for 10 years, then trade at 15x.

Delivered24.9%/yrEPS, last 9 fiscal years · 3-yr avg to 3-yr avg
Gap−4.4 ptsimplied minus delivered
Rank622ndmost demanding of 856

Over time

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

0%15%29% Jun 2021Nov 2026 0%15%29% Jun 2021Nov 2026

Change the assumptions

Exit P/E / return11%12%13%
12x22.0%23.1%24.2%
15x19.4%20.4%21.5%
20x16.0%17.0%18.1%

Drag a slider to test other assumptions

Implied: 20.4%/yr

Looking back

  • Jan 2022Price implied 24%/yr; EPS has since grown 15%/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 Consumer Non-Durables The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov
₹970.50
P/E
23.9x
ROCE
17.0%
Market Cap
₹5858 cr
Revenue (TTM)
₹4316 cr
P/S
1.4x
P/B
3.5x
ROE
14.6%
Operating Margin
5.0%
Debt / Equity
0.0x
Promoter Holding
58.9%
12M Momentum
-24.2%

52-week range

₹923.70₹1295.30
13% of the way from its 52-week low to its high

Price risk

1Y volatility
29.8%
Beta vs sector
1-year daily
0.66

Balance sheet & cash

Interest cover
operating profit ÷ interest
64.3x
Cash from profit, 3Y
operating cash flow ÷ net profit
1.17x
Share count, 1Y
unchanged

Are profits backed by cash?

6 of 7checks within range1 near a threshold
Other income reliance21%Near threshold

Other income as a share of pre-tax profit (trailing twelve months): 21.2%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate25%Within range

Median quarterly effective tax rate over about 2.5 years: 25.0%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion1.17xWithin range

Operating cash flow divided by net profit over the last three fiscal years: 1.17x (cash from operations ₹814 cr, net profit ₹694 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 history0 daysWithin range

Debtor days are below the median of the previous three fiscal years by 0 days (1 vs 1). Bands: under 15 days, 15 to 45, over 45.

Capital work in progress10% of fixed assetsWithin range

Capital work-in-progress is 10% 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.

All terms explained in the glossary →

Who has been buying and selling?

  • Over 2 years, DIIs added 9.0 pts; FIIs trimmed 5.3 pts; promoters trimmed 3.3 pts.

Holdings, Jun '26

How each group changed

GroupDec '23Jun '26Change
Promoters62.2%58.9%-3.3 pts
FIIs11.3%6.1%-5.3 pts
DIIs16.9%25.9%+9.0 pts
Public and others9.6%9.2%-0.4 pts

Number of shareholders

33,213shareholders+3% since Dec '23
30k33k36k39k Dec '23Jun '24Dec '24Jun '25Dec '25Jun '26
Dec '23: 32,356
Mar '24: 29,700
Jun '24: 32,163
Sep '24: 33,798
Dec '24: 33,259
Mar '25: 33,695
Jun '25: 37,798
Sep '25: 38,552
Dec '25: 35,379
Mar '26: 33,649
Jun '26: 33,213
 30k33k36k39k Dec '23Dec '24Dec '25Jun '26
Dec '23: 32,356
Mar '24: 29,700
Jun '24: 32,163
Sep '24: 33,798
Dec '24: 33,259
Mar '25: 33,695
Jun '25: 37,798
Sep '25: 38,552
Dec '25: 35,379
Mar '26: 33,649
Jun '26: 33,213

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

+1.0%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 DODLA DAIRY 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 −19% to +28% vs the market, against −1% for all non-financial companies in the same months.
  • The gap against the base rate (+1.9%, 80% range −7.6% to +6.8%) is within what chance and overlapping periods produce.

Where the 50 outcomes landed

−60%−40%−20%0%+20%+40%+60%+80%+100%
JTLIND · Mar 2025: −44.8% vs market
DBCORP · Mar 2020: −37.2% vs market
TTKPRESTIG · Mar 2023: −35.4% vs market
EXIDEIND · Oct 2020: −31.9% vs market
PRINCEPIPE · Feb 2023: −30.5% vs market
JAMNAAUTO · Nov 2023: −28.9% vs market
BAJAJCON · Mar 2024: −28.4% vs market
STARCEMENT · Feb 2021: −23.9% vs market
ROSSARI · Aug 2024: −23.9% vs market
VAIBHAVGBL · May 2023: −21.7% vs market
NOCIL · Jan 2024: −19.9% vs market
ENGINERSIN · Sep 2021: −19.2% vs market
AVANTIFEED · Sep 2022: −18.8% vs market
MAYURUNIQ · Sep 2023: −18.8% vs market
TTKHLTCARE · Oct 2025: −18.8% vs market
HONDAPOWER · Oct 2020: −16.5% vs market
DEEPAKNTR · Apr 2025: −15.9% vs market
TCI · Jun 2023: −13.9% vs market
SHRIPISTON · Apr 2020: −12.7% vs market
KANSAINER · Apr 2024: −9.5% vs market
ACC · Jan 2023: −7.1% vs market
INDNIPPON · Jul 2021: −5.2% vs market
ENDURANCE · Feb 2024: −0.9% vs market
GALAXYSURF · Oct 2025: +0.2% vs market
VRLLOG · May 2020: +0.5% vs market
RALLIS · Aug 2023: +1.6% vs market
FINCABLES · Mar 2020: +4.0% vs market
ESCORTS · Dec 2024: +5.7% vs market
FINPIPE · Jan 2021: +6.7% vs market
INTELLECT · Aug 2024: +6.7% vs market
FDC · Oct 2023: +8.3% vs market
ARE&M · Dec 2022: +12.4% vs market
VEEDOL · Mar 2023: +13.3% vs market
INSECTICID · Jun 2021: +16.8% vs market
EXCELINDUS · Aug 2021: +20.6% vs market
NILKAMAL · Nov 2020: +22.4% vs market
VGUARD · Aug 2022: +26.4% vs market
KSB · May 2021: +28.4% vs market
GOODYEAR · Jul 2022: +29.1% vs market
KIRLOSENG · May 2020: +30.0% vs market
BSOFT · Jun 2023: +31.3% vs market
HEROMOTOCO · Aug 2023: +31.5% vs market
JYOTHYLAB · Mar 2022: +36.1% vs market
ADOR · Jul 2025: +37.2% vs market
SJS · Apr 2024: +45.6% vs market
LMW · May 2020: +49.3% vs market
CYIENT · Aug 2020: +58.1% vs market
CARBORUNIV · Jul 2020: +73.1% vs market
RATNAMANI · Jan 2022: +76.1% vs market
GABRIEL · Nov 2024: +123.5% vs market
Similar setups +1.0%All companies −0.9%← 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 · 1 beyond the range shown, drawn at the edge

Similar setups' median
+1.0%
All companies' median
−0.9%
Beat the market
54% vs 49%

50 past situations · 50 companies · 40 months · 2020–2025

The closest matches

CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
AVANTIFEED
Process Industries		 Sep 2022 29x15% −13%−25% −19%
TCI
Transportation		 Jun 2023 18x22% +6%−14% −14%
ARE&M
Producer Manufacturing		 Dec 2022 19x16% −10%−14% +12%
HONDAPOWER
Producer Manufacturing		 Oct 2020 15x16% −14%−27% −17%
KIRLOSENG
Producer Manufacturing		 May 2020 7x17% −48%−49% +30%
Show the other 3 matches
CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
FDC
Health Technology		 Oct 2023 31x13% +16%−11% +8%
MAYURUNIQ
Process Industries		 Sep 2023 22x17% +6%−11% −19%
SHRIPISTON
Producer Manufacturing		 Apr 2020 9x20% −45%−49% −13%
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 DODLA DAIRY LIMITED. The comparison covers only 2020–2025, a single market period, and only companies still listed today. Companies that were delisted or went bankrupt are missing, which makes past outcomes look better than they were. Returns exclude dividends and are measured against an ApnaFunda-built index, not an official benchmark. Fundamentals are matched on a 60-day assumed reporting lag, not actual announcement dates. Its historical skill has not yet been measured. Past patterns may not repeat.

Methodology

How historical analogs are built

Data as of 2026-11-09. Outcome pool: Jan 2020 to Oct 2025.

For every company we look at the situation it is in today (valuation, return on capital, margins, debt, growth, 12-month price momentum, drawdown, size and volatility) and find past company-months that looked most like it. We then show what happened to those past situations over the following 12 months, measured against the ApnaFunda All index and against the base rate. It describes history. It does not predict anything.

What is compared

FeatureWeightNon-financialFinancial
P/E1yesyes
P/S1yes—
P/B1—yes
ROCE1yes—
operating margin1yes—
ROE1—yes
debt/equity0.75yes—
interest cover0.5yes—
revenue growth0.75yesyes
12-month momentum1yesyes
drawdown from 12-month high0.75yesyes
size0.75yesyes
volatility0.5yesyes

Weights were set by judgement before any outcome was looked at and are never tuned on results. Loss-making companies (negative P/E or net profit) are only matched with other loss-making companies. Banks, NBFCs and insurers are compared only with each other and use a different feature set. Every feature is converted, month by month, to its rank among companies in the same pool in that month, so a P/E of 30 in a hot market and a P/E of 22 in a cold one can match if both were equally expensive for their time. Only that month's data is used.

How closeness and the sample are defined

Distance is the weighted root-mean-square gap between the standardised features both companies have. A match needs at least 70% of the query's feature weight, a distance of at most 0.9, and 30 matches at minimum to be shown. We keep up to 50 matches with these exclusions: never the company itself, one match per company (its closest month), and at most 7 from any one calendar month so a single market episode cannot dominate.

Base rate

The base rate is the distribution of 12-month returns, relative to the market, of every eligible company-month in the same pool, with each month weighted to match the months the analogs came from. It answers: how did a random company do in these same months? Because matches from nearby months share the same market conditions, we also report the number of distinct 12-month windows behind a result, and a bootstrap that resamples months decides whether the analog median differs from the base rate at all. "Not meaningfully different" is the usual outcome and the page copy is written for it.

Limits you should know

  • One market period. The outcome pool covers 2020–2025 only (70 months), including the 2020 crash and the 2020–21 rally.
  • Survivorship. Only companies listed today are included. Delisted and bankrupt companies are missing, which flatters past outcomes, particularly for distressed-looking setups.
  • Price return only. Dividends are excluded, and the benchmark is an ApnaFunda market-cap-weighted index of the same listed companies, not an official index.
  • Reporting lag. Fundamentals are matched on an assumed 60-day lag after the quarter end, not on real announcement dates.
  • Pools: non-financial: 98,395 company-months from 2019 companies; financial: 5,659 company-months from 108 companies. 2349 companies currently have a result; the rest are suppressed because too few comparable situations exist.

Does it work? A walk-forward check

The walk-forward check has not been run for this build, so skill is shown as not yet measured.

Disclaimer

This is history, not a forecast. These are past situations where other companies had broadly similar reported numbers and price trends. What happened to them does not tell you what will happen to any company shown. The comparison covers only 2020–2025, a single market period, and only companies still listed today. Companies that were delisted or went bankrupt are missing, which makes past outcomes look better than they were. Returns exclude dividends and are measured against an ApnaFunda-built index, not an official benchmark. Fundamentals are matched on a 60-day assumed reporting lag, not actual announcement dates. Its historical skill has not yet been measured. Past patterns may not repeat.

What else looks like this?

Companies with the most similar financial profile today, regardless of industry.

V-GUARD INDUSTRIESVGUARD
Producer Manufacturing
71%similar
revenue growthEPS growth
AWL AGRI BUSINESSAWL
Process Industries
67%similar
EPS growthvolatility
GRAVITA INDIAGRAVITA
Non-Energy Minerals
65%similar
revenueEPS growth
ESCORTS KUBOTAESCORTS
Producer Manufacturing
62%similar
volatilityrevenue growth
TRANSPORT CORPORATION OF INDIATCI
Transportation
62%similar
volatilitymarket cap
HERITAGE FOODSHERITGFOOD
Consumer Non-Durables
56%similar
operating marginrevenue
BIKAJI FOODS INTBIKAJI
Consumer Non-Durables
49%similar
revenue growthEPS growth
GUJARAT AMBUJA EXPORTSGAEL
Consumer Non-Durables
47%similar
market caprevenue

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

What changed?

30 events since Mar '23

  1. OctPriceFell 34% from the Jul 2025 peak to the Oct 2026 low.
  2. OctPriceVolume reached 42.9x its 50-day median on 2026-10-19; price +0.4% that day.
  3. SepResultsYear-on-year EPS growth turned negative.
  4. JulPriceVolume reached 10.3x its 50-day median on 2026-07-31; price -0.1% that day.
  5. JunPeer rankSlipped to the 2nd quartile of Consumer Non-Durables on ROCE (from the top quartile).
  6. AprPriceVolume reached 5.3x its 50-day median on 2026-04-28; price +3.9% that day.
  7. MarPriceVolume reached 5.5x its 50-day median on 2026-03-19; price -7.1% that day.
  8. DecPeer rankSlipped to the 2nd quartile of Consumer Non-Durables on EPS growth (from the top quartile).
Show 22 earlier events
  1. NovPriceVolume reached 11.7x its 50-day median on 2025-11-03; price -3.0% that day.
  2. JulPriceVolume reached 12.0x its 50-day median on 2025-07-21; price -8.2% that day.
  3. JunPriceRegained the 2024-10 peak, 3 months after the low.
  4. JunDividendStarted paying a dividend (payout 12% of profit).
  5. JunPriceVolume reached 22.6x its 50-day median on 2025-06-17; price +5.0% that day.
  6. MarPriceFell 26% from the Oct 2024 peak to the Mar 2025 low.
  7. JanPriceVolume reached 7.9x its 50-day median on 2025-01-30; price +3.7% that day.
  8. DecPeer rankSlipped to the 3rd quartile of Consumer Non-Durables on operating margin (from the 2nd quartile).
  9. OctPriceVolume reached 11.6x its 50-day median on 2024-10-11; price +9.2% that day.
  10. JulPriceVolume reached 14.8x its 50-day median on 2024-07-22; price +7.3% that day.
  11. JunResultsYear-on-year EPS growth turned positive.
  12. JunPeer rankMoved into the top quartile of Consumer Non-Durables on ROCE (from the 2nd quartile).
  13. JunPriceVolume reached 18.5x its 50-day median on 2024-06-25; price -2.3% that day.
  14. AprValuationP/E crossed above the 90th percentile of its own history to date (46.8x).
  15. JanPriceVolume reached 14.1x its 50-day median on 2024-01-29; price +12.1% that day.
  16. NovPriceVolume reached 14.1x its 50-day median on 2023-11-15; price +9.0% that day.
  17. JulPriceRegained the 2021-09 peak, 17 months after the low.
  18. JulPriceVolume reached 78.0x its 50-day median on 2023-07-24; price +9.2% that day.
  19. JunResultsYear-on-year EPS growth turned negative.
  20. JunValuationP/E crossed above the 90th percentile of its own history to date (28.4x).
  21. JunPriceVolume reached 29.7x its 50-day median on 2023-06-15; price +1.6% that day.
  22. MarPriceVolume reached 7.0x its 50-day median on 2023-03-09; price -0.2% 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 history66 months · 2021-06 to 2026-11
MonthP/ERevenue (TTM)ROEROCEDebt / Equity
2026-1123.9x₹4316 cr14.6%17.0%0.0x
2026-1024.1x₹4316 cr14.7%17.0%0.0x
2026-0925.1x₹4316 cr14.7%17.0%0.0x
2026-0824.4x₹4125 cr16.0%17.0%0.0x
2026-0723.5x₹4125 cr16.0%17.0%0.0x
2026-0625.4x₹4125 cr16.0%17.0%0.0x
2026-0524.6x₹3961 cr18.9%27.0%0.0x
2026-0425.0x₹3961 cr18.9%27.0%0.0x
2026-0322.1x₹3961 cr18.9%27.0%0.0x
2026-0227.1x₹3837 cr18.6%27.0%0.0x
2026-0127.5x₹3837 cr18.6%27.0%0.0x
2025-1229.0x₹3837 cr18.6%27.0%0.0x
2025-1129.9x₹3816 cr18.3%27.0%0.0x
2025-1030.2x₹3816 cr18.3%27.0%0.0x
2025-0931.0x₹3816 cr18.3%27.0%0.0x
2025-0831.5x₹3721 cr18.5%27.0%0.0x
2025-0729.4x₹3721 cr18.5%27.0%0.0x
2025-0633.2x₹3721 cr18.5%27.0%0.0x
2025-0530.9x₹3598 cr21.0%22.0%0.0x
2025-0426.1x₹3598 cr21.0%22.0%0.0x
2025-0329.0x₹3598 cr21.0%22.0%0.0x
2025-0228.5x₹3444 cr19.0%22.0%0.0x
2025-0131.3x₹3444 cr19.0%22.0%0.0x
2024-1235.1x₹3444 cr19.0%22.0%0.0x
2024-1137.1x₹3214 cr17.3%22.0%0.0x
2024-1036.0x₹3214 cr17.3%22.0%0.0x
2024-0935.1x₹3214 cr17.3%22.0%0.0x
2024-0845.5x₹3125 cr14.7%22.0%0.0x
2024-0742.6x₹3125 cr14.7%22.0%0.0x
2024-0636.2x₹3125 cr14.7%22.0%0.0x
2024-0542.3x₹2812 cr12.6%16.0%0.0x
2024-0446.8x₹2812 cr12.6%16.0%0.0x
2024-0339.1x₹2812 cr12.6%16.0%0.0x
2024-0248.5x₹2812 cr12.6%16.0%0.0x
2024-0150.1x₹2812 cr12.6%16.0%0.0x
2023-1242.7x₹2812 cr12.6%16.0%0.0x
2023-1139.6x₹2812 cr12.6%16.0%0.0x
2023-1033.3x₹2812 cr12.6%16.0%0.0x
2023-0933.6x₹2812 cr12.6%16.0%0.0x
2023-0836.1x₹2812 cr12.6%16.0%0.0x
2023-0737.1x₹2812 cr12.6%16.0%0.0x
2023-0628.4x₹2812 cr12.6%16.0%0.0x
2023-0523.1x₹2243 cr15.8%21.0%0.0x
2023-0422.2x₹2243 cr15.8%21.0%0.0x
2023-0320.8x₹2243 cr15.8%21.0%0.0x
2023-0221.7x₹2243 cr15.8%21.0%0.0x
2023-0122.5x₹2243 cr15.8%21.0%0.0x
2022-1222.7x₹2243 cr15.8%21.0%0.0x
2022-1121.7x₹2243 cr15.8%21.0%0.0x
2022-1022.7x₹2243 cr15.8%21.0%0.0x
2022-0923.0x₹2243 cr15.8%21.0%0.0x
2022-0823.0x₹2243 cr15.8%21.0%0.0x
2022-0721.9x₹2243 cr15.8%21.0%0.0x
2022-0621.6x₹2243 cr15.8%21.0%0.0x
2022-0522.8x₹1944 cr19.1%30.0%0.2x
2022-0422.9x₹1944 cr19.1%30.0%0.2x
2022-0320.7x₹1944 cr19.1%30.0%0.2x
2022-0219.6x₹1944 cr19.1%30.0%0.2x
2022-0124.2x₹1944 cr19.1%30.0%0.2x
2021-1225.5x₹1944 cr19.1%30.0%0.2x
2021-1126.8x₹1944 cr19.1%30.0%0.2x
2021-1027.3x₹1944 cr19.1%30.0%0.2x
2021-0927.8x₹1944 cr19.1%30.0%0.2x
2021-0825.7x₹1944 cr19.1%30.0%0.2x
2021-0728.6x₹1944 cr19.1%30.0%0.2x
2021-0626.6x₹1944 cr19.1%30.0%0.2x

Methodology and data notes

Methodology

Methodology and data notes

All figures come from public exchange prices and screener.in financial statements. Quarterly and annual results are shown from 60 days after the period end, so a month never uses a result before it would plausibly have been published. Statements are the latest versions, which may include later restatements.

Sector medians, percentiles and indices use today's listed companies in the sector (survivorship bias). Prices are adjusted for splits and bonus issues; around a corporate action the fundamentals may lag the price by up to a month, and affected sections are hidden.

The return decomposition uses price = P/E × net profit ÷ share count. The reverse DCF uses a fixed 12% cost of equity, a 10-year horizon and a 15x terminal P/E, and is an illustration only. Events, flags and twins follow fixed rules and thresholds described next to each section.

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