अApnaFunda

EMMBI INDUSTRIES LTD (EMMBI)

Process Industries · Containers/Packaging · 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.31 / 100
Profitability 40Balance sheet 22

Share price

Closing priceAdjusted for splits and bonus issues.

₹77.88 latest close · −17.3% over the last 90 sessions

₹70₹80₹90Jul 3Jul 29Aug 24Sep 17Oct 14Nov 9 ₹70₹80₹90Jul 3Sep 4Nov 9

₹77.88 month-end · −25.7% over 12 months

₹60₹80₹100Nov '25Jan '26Apr '26Jun '26Sep '26Nov '26 ₹60₹80₹100Nov '25May '26Nov '26

₹77.88 month-end · −28.9% since Jun '25

₹60₹80₹100Jun '25Sep '25Jan '26Apr '26Aug '26Nov '26 ₹60₹80₹100Jun '25Mar '26Nov '26

52-week range ₹60.30 to ₹116.90 · 1-year volatility 39.9%

Was the rally earned?

-26%share price, 1 yearLower P/E held it back

Earnings helped, the multiple did not.

  • Per-share earnings added 25 points, but investors now pay less per rupee of profit (P/E 31.0x to 17.2x), which took 51 points back.
  • The share count rose 5%.
Net profit growth: +29 pts. Points of the price return explained by net profit growing (or shrinking).+29 ptsNet profit growthP/E change: −51 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−51 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: −26%−26%Share priceNet profit growth: +29 pts. Points of the price return explained by net profit growing (or shrinking).+29ProfitP/E change: −51 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−51P/EShare count change: −4 pts. Points of the price return explained by the share count changing. More shares count against the price.−4SharesShare price: −26%−26%Share price
Net profit growth+29 ptsNet profit rose about 40%, which lifts the price.
P/E change-51 ptsThe P/E fell from 31.0x to 17.2x, which lowers the price.
Share count change-4 ptsShare count rose 5%, 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.

Not shown for 3 years and 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.

Compare this with TIME TECHNOPLAST

How rough has the ride been?

Maximum drawdown-74.9%recovered 2024-12
1-year volatility39.9%annualised

Drawdown from peak

0%−20%−40%−60%2020202120222023202420252026−73.2% 0%−20%−40%−60%2020202220242026−73.2%
Largest drawdowns

-74.9% (2019-07 peak to 2020-03 low, recovered 2024-12)

-64.1% (2024-12 peak to 2026-03 low, not yet recovered)

-19.3% (2019-01 peak to 2019-03 low, recovered 2019-05)

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

  • ROCE41st
  • Op. margin39th▼ 8 pts vs a year ago
  • Revenue growth61st
  • EPS growth69th
  • Debt/equity ↓19thflat vs a year ago
  • Cash cycle ↓19th▼ 3 pts vs a year ago
  • P/E ↓53rd▲ 18 pts vs a year ago
  • 12M momentum24th▼ 22 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?

~13%annual earnings growth implied by the price

At a P/E of 17.2x, the price would imply about 13.0%/yr earnings growth for 10 years under the same assumptions, but it is not ranked.

Fewer than six years of annual earnings are available, which is too little to measure delivered growth.

“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
₹77.88
P/E
17.2x
ROCE
9.0%
Market Cap
₹150 cr
Revenue (TTM)
₹467 cr
P/S
0.3x
P/B
0.8x
ROE
4.4%
Operating Margin
9.1%
Debt / Equity
0.9x
Promoter Holding
63.0%
12M Momentum
-25.7%

52-week range

₹60.30₹116.90
31% of the way from its 52-week low to its high

Price risk

1Y volatility
39.9%
Beta vs sector
1-year daily
0.84

Balance sheet & cash

Interest cover
operating profit ÷ interest
1.6x
Share count, 1Y
+5.6%

Are profits backed by cash?

2 of 2checks within rangeAll clear
Other income reliance-7%Within range

Other income as a share of pre-tax profit (trailing twelve months): -6.8%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate27%Within range

Median quarterly effective tax rate over about 2.5 years: 27.3%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion—Not enough data

Not enough reported data to compute this.

Free cash flow—Not enough data

Not enough reported data to compute this.

Receivable days vs history—Not enough data

Not enough reported data to compute this.

Capital work in progress—Not enough data

Not enough reported data to compute this.

Payable days—Not enough data

Not enough reported data to compute this.

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, promoters added 4.1 pts; DIIs trimmed 1.9 pts.

Holdings, Jun '26

How each group changed

GroupDec '23Jun '26Change
Promoters58.9%63.0%+4.1 pts
FIIs0.3%0.0%-0.3 pts
DIIs1.9%0.0%-1.9 pts
Public and others39.0%37.1%-1.9 pts

Number of shareholders

12,398shareholders-3% since Dec '23
12k13k14k15k Dec '23Jun '24Dec '24Jun '25Mar '26Jun '26
Dec '23: 12,721
Mar '24: 14,091
Jun '24: 13,757
Sep '24: 13,084
Dec '24: 14,614
Mar '25: 14,259
Jun '25: 13,923
Sep '25: 13,475
Mar '26: 12,531
Jun '26: 12,398
12k13k14k15k Dec '23Sep '24Jun '25Jun '26
Dec '23: 12,721
Mar '24: 14,091
Jun '24: 13,757
Sep '24: 13,084
Dec '24: 14,614
Mar '25: 14,259
Jun '25: 13,923
Sep '25: 13,475
Mar '26: 12,531
Jun '26: 12,398

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

−4.9%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 EMMBI INDUSTRIES 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 −21% to +42% vs the market, against −6% for all non-financial companies in the same months.
  • The gap against the base rate (+1.0%, 80% range −8.2% to +11.8%) is within what chance and overlapping periods produce.

Where the 50 outcomes landed

−100%−50%0%+50%+100%
MANGALAM · Feb 2025: −73.2% vs market
DUCON · Feb 2025: −50.7% vs market
MAHESHWARI · Jun 2023: −37.8% vs market
UMA · Sep 2024: −33.7% vs market
HITECHCORP · Dec 2024: −31.0% vs market
AMDIND · Jan 2025: −29.5% vs market
ISFT · Aug 2024: −29.2% vs market
BALPHARMA · Feb 2025: −27.7% vs market
RELCHEMQ · Oct 2025: −26.4% vs market
HPL · Jan 2020: −24.6% vs market
CORDSCABLE · Apr 2020: −23.8% vs market
MWL · Jul 2023: −23.5% vs market
AIROLAM · Nov 2024: −20.7% vs market
ASTRON · Jan 2023: −20.2% vs market
SCML · May 2025: −19.3% vs market
UCAL · Jan 2022: −18.9% vs market
JAYSREETEA · May 2022: −16.5% vs market
MAWANASUG · Feb 2024: −15.3% vs market
MANAKALUCO · Jun 2023: −15.3% vs market
PIONEEREMB · Jun 2024: −13.3% vs market
BANSWRAS · Oct 2025: −12.3% vs market
AUTOIND · Nov 2023: −12.1% vs market
BVCL · Jun 2021: −8.7% vs market
KHADIM · May 2024: −8.6% vs market
WHEELS · Mar 2024: −6.5% vs market
MANOMAY · Mar 2024: −3.4% vs market
HARRMALAYA · Jul 2025: −3.3% vs market
SHIVATEX · Oct 2025: +0.6% vs market
TBZ · Jun 2022: +9.1% vs market
KMSUGAR · Jun 2023: +9.5% vs market
MUNJALAU · Oct 2025: +10.3% vs market
BIL · Nov 2020: +10.4% vs market
NAHARINDUS · Aug 2025: +16.0% vs market
ARIES · Jul 2022: +22.5% vs market
DHAMPURSUG · Oct 2025: +23.3% vs market
AROGRANITE · Oct 2020: +36.1% vs market
PARAGMILK · Jan 2025: +40.3% vs market
SUTLEJTEX · May 2020: +42.8% vs market
GOKUL · Nov 2020: +56.1% vs market
INDIANHUME · May 2023: +56.5% vs market
CENTUM · Mar 2022: +64.2% vs market
MARALOVER · Apr 2020: +81.0% vs market
DCMSRIND · Jun 2023: +83.8% vs market
REMSONSIND · Oct 2022: +85.8% vs market
RICOAUTO · Jun 2022: +102.6% vs market
PGIL · Jul 2020: +103.7% vs market
JAYBARMARU · Jun 2025: +118.0% vs market
MSPL · Mar 2023: +160.7% vs market
BODALCHEM · Oct 2025: +183.5% vs market
SANGAMIND · Nov 2020: +193.6% vs market
Similar setups −4.9%All companies −5.9%← 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 · 6 beyond the range shown, drawn at the edge

Similar setups' median
−4.9%
All companies' median
−5.9%
Beat the market
46% vs 43%

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

The closest matches

CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
WHEELS
Producer Manufacturing
Mar 2024 26x11% +33%−27% −7%
TBZ
Retail Trade
Jun 2022 21x6% −18%−37% +9%
BVCL
Non-Energy Minerals
Jun 2021 22x6% +65%−8% −9%
PIONEEREMB
Consumer Non-Durables
Jun 2024 38x6% +28%−24% −13%
JAYSREETEA
Process Industries
May 2022 15x7% −1%−31% −17%
Show the other 3 matches
CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
SCML
Producer Manufacturing
May 2025 16x13% −16%−36% −19%
PGIL
Consumer Non-Durables
Jul 2020 12x10% −24%−39% +104%
MUNJALAU
Producer Manufacturing
Oct 2025 23x9% −28%−31% +10%
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, 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.

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 EMMBI INDUSTRIES LTD. 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 changed?

6 events since Mar '20

  1. JunPeer rankSlipped to the 3rd quartile of Process Industries on operating margin (from the 2nd quartile).
  2. JunSharesShare count is up 5.6% over 12 months.
  3. MarPriceFell 64% from the Dec 2024 peak to the Mar 2026 low.
  4. MarPeer rankMoved into the 2nd quartile of Process Industries on operating margin (from the 3rd quartile).
  5. DecPriceRegained the 2019-07 peak, 57 months after the low.
  6. MarPriceFell 75% from the Jul 2019 peak to the Mar 2020 low.

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 history18 months · 2025-06 to 2026-11
MonthP/ERevenue (TTM)ROEROCEDebt / Equity
2026-1117.2x₹467 cr4.4%9.0%0.9x
2026-1015.5x₹467 cr4.4%9.0%0.9x
2026-0919.9x₹467 cr4.4%9.0%0.9x
2026-0822.0x₹456 cr4.0%9.0%0.9x
2026-0721.3x₹456 cr4.0%9.0%0.9x
2026-0623.8x₹456 cr4.0%9.0%0.9x
2026-0522.9x₹446 cr3.7%—0.9x
2026-0423.0x₹446 cr3.7%—0.9x
2026-0316.6x₹446 cr3.7%—0.9x
2026-0222.6x₹437 cr4.0%—0.9x
2026-0123.4x₹437 cr4.0%—0.9x
2025-1224.3x₹437 cr4.0%—0.9x
2025-1131.0x₹417 cr3.3%—0.9x
2025-1032.0x₹417 cr3.3%—0.9x
2025-0929.9x₹417 cr3.3%—0.9x
2025-0830.1x₹404 cr3.2%—0.9x
2025-0732.4x₹404 cr3.2%—0.9x
2025-0632.5x₹404 cr3.2%—0.9x

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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