Share price
₹12,937 latest close · +25.7% over the last 90 sessions
₹12,937 month-end · +39.9% over 12 months
₹12,937 month-end · +198.8% over 3 years
₹12,937 month-end · +844.0% since Jan '19
52-week range ₹7673.00 to ₹14498.00 · 1-year volatility 46.3%
Was the rally earned?
Partly.
- Most of the rise came from investors paying a higher multiple (P/E 138.2x to 193.3x); per-share earnings added 0 points.
- The share count barely moved.
Partly.
- Most of the rise came from investors paying a higher multiple (P/E 64.2x to 193.3x); per-share earnings took off 1 point.
- The share count barely moved.
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.
Not shown for 5 years: earnings were negative at one end, or there is not enough history.
Net profit is trailing twelve months as reported with a 60-day lag.
How rough has the ride been?
Drawdown from peak
Largest drawdowns
-72.1% (2019-03 peak to 2020-04 low, recovered 2021-07)
-46.8% (2021-09 peak to 2022-06 low, recovered 2023-05)
-35.8% (2024-04 peak to 2025-03 low, recovered 2025-11)
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 12.9x to 203.1x since 2019-01.
554% 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
- ROCE28th▲ 5 pts vs a year ago
- Op. margin59th▲ 18 pts vs a year ago
- Revenue growth57th▲ 27 pts vs a year ago
- EPS growth41st▲ 27 pts vs a year ago
- Debt/equity ↓16thflat vs a year ago
- Cash cycle ↓39thflat vs a year ago
- P/E ↓3rd▼ 3 pts vs a year ago
- 12M momentum83rd▼ 3 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 163.0x, a holder earning 12%/yr needs earnings to grow about 41.9%/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 | 43.8% | 45.1% | 46.4% |
| 15x | 40.7% | 41.9% | 43.2% |
| 20x | 36.7% | 38.0% | 39.2% |
Drag a slider to test other assumptions
Implied: 41.9%/yrLooking back
- Jan 2020Price implied 22%/yr; EPS has since grown 0%/yr (7.0 yrs)
- Jan 2021Price implied 18%/yr; EPS has since grown −6%/yr (6.0 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
- ₹12937.00
- P/E
- 193.3x
- ROCE
- 10.0%
- Market Cap
- ₹8786 cr
- Revenue (TTM)
- ₹1675 cr
- P/S
- 5.2x
- P/B
- 11.1x
- ROE
- 5.7%
- Operating Margin
- 13.0%
- Debt / Equity
- 0.8x
- Promoter Holding
- 41.5%
- 12M Momentum
- 39.9%
52-week range
Price risk
Balance sheet & cash
Are profits backed by cash?
Other income reliance-3%Within range
Other income as a share of pre-tax profit (trailing twelve months): -3.3%. Bands: below 15%, 15% to 35%, above 35%.
Tax rate23%Within range
Median quarterly effective tax rate over about 2.5 years: 23.0%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.
Cash conversion1.71xWithin range
Operating cash flow divided by net profit over the last three fiscal years: 1.71x (cash from operations ₹336 cr, net profit ₹197 cr). Bands: 0.8x and above, 0.5x to 0.8x, below 0.5x.
Free cash flow5 of 5 yrsWithin range
Fiscal years with positive free cash flow in the last 5: 5. Bands: at least 80% of years, 40% to 80%, below 40%.
Receivable days vs history-3 daysWithin range
Debtor days are below the median of the previous three fiscal years by 3 days (72 vs 75). Bands: under 15 days, 15 to 45, over 45.
Capital work in progress5% of fixed assetsWithin range
Capital work-in-progress is 5% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.
Payable days+14 days / 2 yrsWithin range
Days payable changed by +14 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, FIIs trimmed 6.4 pts; DIIs added 4.8 pts.
- The number of shareholders rose from 13,221 to 25,288 (+91%) 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 DYNAMATIC TECHNOLOGIES LTD today on valuation, return on capital, margins, debt, growth, price momentum, size and volatility.
- Over the following 12 months the middle half of them returned −31% to +25% vs the market, against −3% for all non-financial companies in the same months.
- The analogs' median sat below that base rate (gap −8.3%, 80% range −14.8% to −2.1%), but the matches cluster in only 6 distinct 12-month windows.
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 · 1 beyond the range shown, drawn at the edge
50 past situations · 50 companies · 36 months · 2020–2025
The closest matches
| Company | When | P/E | ROCE | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| SOBHA Finance |
Feb 2024 | 156x | 8% | +172% | −4% | −18% |
| NEOGEN Process Industries |
Feb 2025 | 109x | 9% | +26% | −29% | −26% |
| ITI Electronic Technology |
May 2020 | 80x | 7% | −13% | −21% | −14% |
| RKFORGE Producer Manufacturing |
Oct 2021 | 169x | 6% | +191% | −10% | +1% |
| JBMA Producer Manufacturing |
Jan 2022 | 146x | 9% | +304% | −7% | −12% |
Show the other 3 matches
| Company | When | P/E | ROCE | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| LINDEINDIA Process Industries |
Feb 2020 | 217x | 5% | +32% | −16% | +76% |
| SCHNEIDER Distribution Services |
Oct 2022 | 150x | 14% | +67% | −8% | +67% |
| APOLLOHOSP Health Services |
May 2020 | 80x | 10% | +10% | −25% | +34% |
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 ROCE. 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 '23
- SepResultsYear-on-year EPS growth turned positive.
- SepPeer rankMoved into the 2nd quartile of Producer Manufacturing on operating margin (from the 3rd quartile).
- JunPeer rankMoved into the 3rd quartile of Producer Manufacturing on ROCE (from the bottom quartile).
- AprPriceVolume reached 5.0x its 50-day median on 2026-04-22; price +7.4% that day.
- MarResultsRevenue (TTM) reached a new high of ₹1,569 cr.
- MarPeer rankSlipped to the 3rd quartile of Producer Manufacturing on operating margin (from the 2nd quartile).
- DecPeer rankMoved into the 2nd quartile of Producer Manufacturing on operating margin (from the 3rd quartile).
- NovPriceRegained the 2024-04 peak, 8 months after the low.
Show 22 earlier events
- NovValuationP/E crossed above the 90th percentile of its own history to date (138.2x).
- OctPriceVolume reached 63.7x its 50-day median on 2025-10-09; price +12.2% that day.
- SepPriceVolume reached 9.7x its 50-day median on 2025-09-22; price -0.3% that day.
- JunResultsYear-on-year EPS growth turned negative.
- JunPeer rankSlipped to the 3rd quartile of Producer Manufacturing on operating margin (from the 2nd quartile).
- JunDividendDividend payout cut from 6% to 3% of profit.
- JunPriceVolume reached 5.5x its 50-day median on 2025-06-17; price -0.8% that day.
- MarPriceFell 36% from the Apr 2024 peak to the Mar 2025 low.
- MarPeer rankMoved into the 2nd quartile of Producer Manufacturing on operating margin (from the 3rd quartile).
- DecPeer rankSlipped to the 3rd quartile of Producer Manufacturing on operating margin (from the 2nd quartile).
- DecPriceVolume reached 5.7x its 50-day median on 2024-12-11; price +8.0% that day.
- SepPriceVolume reached 15.7x its 50-day median on 2024-09-27; price +9.5% that day.
- AugPeer rankMoved into the 2nd quartile of Producer Manufacturing on operating margin (from the 3rd quartile).
- JunPeer rankSlipped to the bottom quartile of Producer Manufacturing on ROCE (from the 3rd quartile).
- JunDebtDebt / equity fell below 1.0x (0.88x).
- MayPriceVolume reached 5.3x its 50-day median on 2024-05-31; price +0.6% that day.
- FebPriceVolume reached 8.6x its 50-day median on 2024-02-08; price +4.4% that day.
- DecPriceVolume reached 15.5x its 50-day median on 2023-12-26; price +13.8% that day.
- SepPriceVolume reached 13.3x its 50-day median on 2023-09-18; price +6.8% that day.
- JunPeer rankMoved into the top quartile of Producer Manufacturing on EPS growth (from the bottom quartile).
- JunDividendStarted paying a dividend (payout 11% of profit).
- JunSharesShare count is up 16.7% over 12 months.
Events are generated from the data by fixed rules.
The month shown is when the change became visible in the reported figures, assuming a 60-day lag after each quarter end; it is not an announcement date.
Where price and fundamentals disagree, market-wide Rewind the whole market to any month
Monthly history95 months · 2019-01 to 2026-11
| Month | P/E | Revenue (TTM) | ROE | ROCE | Debt / Equity |
|---|---|---|---|---|---|
| 2026-11 | 193.3x | ₹1675 cr | 5.7% | 10.0% | 0.8x |
| 2026-10 | 173.4x | ₹1675 cr | 5.7% | 10.0% | 0.8x |
| 2026-09 | 203.4x | ₹1675 cr | 5.7% | 10.0% | 0.8x |
| 2026-08 | 234.1x | ₹1621 cr | 4.4% | 10.0% | 0.8x |
| 2026-07 | 202.3x | ₹1621 cr | 4.4% | 10.0% | 0.8x |
| 2026-06 | 203.3x | ₹1621 cr | 4.4% | 10.0% | 0.8x |
| 2026-05 | 196.3x | ₹1569 cr | 5.3% | 9.0% | 0.8x |
| 2026-04 | 204.1x | ₹1569 cr | 5.3% | 9.0% | 0.8x |
| 2026-03 | 159.0x | ₹1569 cr | 5.3% | 9.0% | 0.8x |
| 2026-02 | 188.7x | ₹1459 cr | 5.0% | 9.0% | 0.8x |
| 2026-01 | 165.6x | ₹1459 cr | 5.0% | 9.0% | 0.8x |
| 2025-12 | 176.4x | ₹1459 cr | 5.0% | 9.0% | 0.8x |
| 2025-11 | 138.2x | ₹1428 cr | 6.3% | 9.0% | 0.8x |
| 2025-10 | 118.3x | ₹1428 cr | 6.3% | 9.0% | 0.8x |
| 2025-09 | 102.4x | ₹1428 cr | 6.3% | 9.0% | 0.8x |
| 2025-08 | 94.7x | ₹1403 cr | 6.3% | 9.0% | 0.8x |
| 2025-07 | 97.5x | ₹1403 cr | 6.3% | 9.0% | 0.8x |
| 2025-06 | 105.9x | ₹1403 cr | 6.3% | 9.0% | 0.8x |
| 2025-05 | 51.7x | ₹1392 cr | 13.3% | 10.0% | 0.9x |
| 2025-04 | 47.7x | ₹1392 cr | 13.3% | 10.0% | 0.9x |
| 2025-03 | 46.9x | ₹1392 cr | 13.3% | 10.0% | 0.9x |
| 2025-02 | 46.8x | ₹1423 cr | 14.4% | 10.0% | 0.9x |
| 2025-01 | 48.5x | ₹1423 cr | 14.4% | 10.0% | 0.9x |
| 2024-12 | 58.5x | ₹1423 cr | 14.4% | 10.0% | 0.9x |
| 2024-11 | 53.3x | ₹1413 cr | 14.4% | 10.0% | 0.9x |
| 2024-10 | 51.9x | ₹1413 cr | 14.4% | 10.0% | 0.9x |
| 2024-09 | 55.0x | ₹1413 cr | 14.4% | 10.0% | 0.9x |
| 2024-08 | 41.5x | ₹1430 cr | 19.1% | 10.0% | 0.9x |
| 2024-07 | 37.0x | ₹1430 cr | 19.1% | 10.0% | 0.9x |
| 2024-06 | 38.2x | ₹1430 cr | 19.1% | 10.0% | 0.9x |
| 2024-05 | 115.4x | ₹1316 cr | 8.4% | 10.0% | 1.4x |
| 2024-04 | 122.6x | ₹1316 cr | 8.4% | 10.0% | 1.4x |
| 2024-03 | 110.5x | ₹1316 cr | 8.4% | 10.0% | 1.4x |
| 2024-02 | 105.7x | ₹1316 cr | 8.4% | 10.0% | 1.4x |
| 2024-01 | 94.8x | ₹1316 cr | 8.4% | 10.0% | 1.4x |
| 2023-12 | 75.8x | ₹1316 cr | 8.4% | 10.0% | 1.4x |
| 2023-11 | 64.2x | ₹1316 cr | 8.4% | 10.0% | 1.4x |
| 2023-10 | 59.5x | ₹1316 cr | 8.4% | 10.0% | 1.4x |
| 2023-09 | 60.4x | ₹1316 cr | 8.4% | 10.0% | 1.4x |
| 2023-08 | 56.9x | ₹1316 cr | 8.4% | 10.0% | 1.4x |
| 2023-07 | 58.8x | ₹1316 cr | 8.4% | 10.0% | 1.4x |
| 2023-06 | 56.0x | ₹1316 cr | 8.4% | 10.0% | 1.4x |
| 2023-05 | 143.0x | ₹1253 cr | 4.2% | 9.0% | 1.8x |
| 2023-04 | 119.9x | ₹1253 cr | 4.2% | 9.0% | 1.8x |
| 2023-03 | 113.2x | ₹1253 cr | 4.2% | 9.0% | 1.8x |
| 2023-02 | 104.0x | ₹1253 cr | 4.2% | 9.0% | 1.8x |
| 2023-01 | 101.2x | ₹1253 cr | 4.2% | 9.0% | 1.8x |
| 2022-12 | 99.5x | ₹1253 cr | 4.2% | 9.0% | 1.8x |
| 2022-11 | 108.1x | ₹1253 cr | 4.2% | 9.0% | 1.8x |
| 2022-10 | 98.9x | ₹1253 cr | 4.2% | 9.0% | 1.8x |
| 2022-09 | 93.5x | ₹1253 cr | 4.2% | 9.0% | 1.8x |
| 2022-08 | 92.4x | ₹1253 cr | 4.2% | 9.0% | 1.8x |
| 2022-07 | 73.8x | ₹1253 cr | 4.2% | 9.0% | 1.8x |
| 2022-06 | 74.5x | ₹1253 cr | 4.2% | 9.0% | 1.8x |
| 2022-05 | — | ₹1118 cr | -6.3% | 5.0% | 2.0x |
| 2022-04 | — | ₹1118 cr | -6.3% | 5.0% | 2.0x |
| 2022-03 | — | ₹1118 cr | -6.3% | 5.0% | 2.0x |
| 2022-02 | — | ₹1118 cr | -6.3% | 5.0% | 2.0x |
| 2022-01 | — | ₹1118 cr | -6.3% | 5.0% | 2.0x |
| 2021-12 | — | ₹1118 cr | -6.3% | 5.0% | 2.0x |
| 2021-11 | — | ₹1118 cr | -6.3% | 5.0% | 2.0x |
| 2021-10 | — | ₹1118 cr | -6.3% | 5.0% | 2.0x |
| 2021-09 | — | ₹1118 cr | -6.3% | 5.0% | 2.0x |
| 2021-08 | — | ₹1118 cr | -6.3% | 5.0% | 2.0x |
| 2021-07 | — | ₹1118 cr | -6.3% | 5.0% | 2.0x |
| 2021-06 | — | ₹1118 cr | -6.3% | 5.0% | 2.0x |
| 2021-05 | 21.3x | ₹1230 cr | 11.0% | 9.0% | 2.0x |
| 2021-04 | 16.7x | ₹1230 cr | 11.0% | 9.0% | 2.0x |
| 2021-03 | 15.4x | ₹1230 cr | 11.0% | 9.0% | 2.0x |
| 2021-02 | 14.6x | ₹1230 cr | 11.0% | 9.0% | 2.0x |
| 2021-01 | 12.6x | ₹1230 cr | 11.0% | 9.0% | 2.0x |
| 2020-12 | 13.8x | ₹1230 cr | 11.0% | 9.0% | 2.0x |
| 2020-11 | 11.3x | ₹1230 cr | 11.0% | 9.0% | 2.0x |
| 2020-10 | 10.8x | ₹1230 cr | 11.0% | 9.0% | 2.0x |
| 2020-09 | 11.5x | ₹1230 cr | 11.0% | 9.0% | 2.0x |
| 2020-08 | 13.7x | ₹1230 cr | 11.0% | 9.0% | 2.0x |
| 2020-07 | 8.6x | ₹1230 cr | 11.0% | 9.0% | 2.0x |
| 2020-06 | 9.8x | ₹1230 cr | 11.0% | 9.0% | 2.0x |
| 2020-05 | 11.6x | ₹1500 cr | 8.8% | 13.0% | 2.0x |
| 2020-04 | 12.7x | ₹1500 cr | 8.8% | 13.0% | 2.0x |
| 2020-03 | 10.7x | ₹1500 cr | 8.8% | 13.0% | 2.0x |
| 2020-02 | 19.7x | ₹1500 cr | 8.8% | 13.0% | 2.0x |
| 2020-01 | 22.5x | ₹1500 cr | 8.8% | 13.0% | 2.0x |
| 2019-12 | 22.5x | ₹1500 cr | 8.8% | 13.0% | 2.0x |
| 2019-11 | 21.8x | ₹1500 cr | 8.8% | 13.0% | 2.0x |
| 2019-10 | 27.0x | ₹1500 cr | 8.8% | 13.0% | 2.0x |
| 2019-09 | 29.4x | ₹1500 cr | 8.8% | 13.0% | 2.0x |
| 2019-08 | 26.1x | ₹1500 cr | 8.8% | 13.0% | 2.0x |
| 2019-07 | 28.9x | ₹1500 cr | 8.8% | 13.0% | 2.0x |
| 2019-06 | 31.8x | ₹1500 cr | 8.8% | 13.0% | 2.0x |
| 2019-05 | 1267.1x | ₹1321 cr | 0.2% | 9.0% | 2.3x |
| 2019-04 | 1253.2x | ₹1321 cr | 0.2% | 9.0% | 2.3x |
| 2019-03 | 1414.3x | ₹1321 cr | 0.2% | 9.0% | 2.3x |
| 2019-02 | 1242.1x | ₹1321 cr | 0.2% | 9.0% | 2.3x |
| 2019-01 | 1202.1x | ₹1321 cr | 0.2% | 9.0% | 2.3x |