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FIEM INDUSTRIES LIMITED (FIEMIND)

Producer Manufacturing · Auto Parts: OEM · 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.80 / 100
Profitability 73Growth 67Balance 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.53 / 100
Price 9Earnings 54FII/DII 97

Passes these screensQuality CompounderDebt-light & profitableConsistent compounders

Compare withSAMVARDHANA MOTHERSON INTBOSCHCUMMINS INDIA

Share price

Closing priceAdjusted for splits and bonus issues.

₹1,944.2 latest close · −14.0% over the last 90 sessions

₹2,000₹2,500Jul 3Jul 29Aug 24Sep 17Oct 14Nov 9 ₹2,000₹2,500Jul 3Sep 4Nov 9

₹1,944.2 month-end · −14.2% over 12 months

₹1,800₹2,000₹2,200Nov '25Jan '26Apr '26Jun '26Sep '26Nov '26 ₹1,800₹2,000₹2,200Nov '25May '26Nov '26

₹1,944.2 month-end · +95.2% over 3 years

₹1,000₹1,500₹2,000Nov '23Jun '24Jan '25Sep '25Apr '26Nov '26 ₹1,000₹1,500₹2,000Nov '23May '25Nov '26

₹1,944.2 month-end · +692.9% 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 ₹1642.00 to ₹2674.80 · 1-year volatility 37.6%

Was the rally earned?

-14%share price, 1 yearLower P/E held it back

Earnings helped, the multiple did not.

  • Per-share earnings added 19 points, but investors now pay less per rupee of profit (P/E 27.9x to 19.5x), which took 33 points back.
  • The share count barely moved.
Net profit growth: +19 pts. Points of the price return explained by net profit growing (or shrinking).+19 ptsNet profit growthP/E change: −33 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−33 ptsP/E changeShare count change: 0 pts. Points of the price return explained by the share count changing. More shares count against the price.0 ptsShare count changeShare price: −14%−14%Share priceNet profit growth: +19 pts. Points of the price return explained by net profit growing (or shrinking).+19ProfitP/E change: −33 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−33P/EShare count change: 0 pts. Points of the price return explained by the share count changing. More shares count against the price.0SharesShare price: −14%−14%Share price
Net profit growth+19 ptsNet profit rose about 23%, which lifts the price.
P/E change-33 ptsThe P/E fell from 27.9x to 19.5x, which lowers the price.
Share count change0 ptsShare count was little changed. More shares would count against the price.
+95%share price, 3 yearsEarnings-driven

Mostly yes.

  • Per-share earnings added 90 points to the rise, while the multiple moved less (P/E 18.7x to 19.5x).
  • The share count barely moved.
Net profit growth: +90 pts. Points of the price return explained by net profit growing (or shrinking).+90 ptsNet profit growthP/E change: +6 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+6 ptsP/E changeShare price: +95%+95%Share priceNet profit growth: +90 pts. Points of the price return explained by net profit growing (or shrinking).+90ProfitP/E change: +6 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+6P/EShare price: +95%+95%Share price
Net profit growth+90 ptsNet profit rose about 88%, which lifts the price.
P/E change+6 ptsThe P/E rose from 18.7x to 19.5x, which lifts the price.
Share count change0 ptsShare count was little changed. More shares would count against the price.
+248%share price, 5 yearsLower P/E held it back

Mostly yes, with a catch.

  • Per-share earnings added 344 points, but investors now pay less per rupee of profit (P/E 31.5x to 19.5x), which took 96 points back.
  • The share count barely moved.
Net profit growth: +343 pts. Points of the price return explained by net profit growing (or shrinking).+343 ptsNet profit growthP/E change: −96 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−96 ptsP/E changeShare count change: +1 pts. Points of the price return explained by the share count changing. More shares count against the price.+1 ptsShare count changeShare price: +248%+248%Share priceNet profit growth: +343 pts. Points of the price return explained by net profit growing (or shrinking).+343ProfitP/E change: −96 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−96P/EShare count change: +1 pts. Points of the price return explained by the share count changing. More shares count against the price.+1SharesShare price: +248%+248%Share price
Net profit growth+343 ptsNet profit rose about 460%, which lifts the price.
P/E change-96 ptsThe P/E fell from 31.5x to 19.5x, which lowers the price.
Share count change+1 ptsShare count was little changed. More shares would count against 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 SAMVARDHANA MOTHERSON INT

How rough has the ride been?

Maximum drawdown-56.5%recovered 2020-08
1-year volatility37.6%annualised
Beta vs sector index0.923-year daily, correlation 0.51
Volume spikes3last 90 sessions, 5x the 50-day median

Drawdown from peak

0%−20%−40%2020202120222023202420252026−53.2% 0%−20%−40%2020202220242026−53.2%
Largest drawdowns

-56.5% (2019-03 peak to 2020-03 low, recovered 2020-08)

-38.5% (2022-01 peak to 2022-05 low, recovered 2022-06)

-37.1% (2026-08 peak to 2026-10 low, not yet recovered)

Most recent volume spikes

2026-08-14: 6.7x the 50-day median, price -2.6% that day

2026-08-13: 15.2x the 50-day median, price -8.8% that day

2026-08-05: 9.9x the 50-day median, price +7.5% 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?

19.5xP/E todayWithin its usual range
Against its own history43rd percentile
CheapestMedian 21.0xDearest

Usual range 9.3x to 27.2x since 2019-01.

Against Producer Manufacturing19.5x vs 29.6x
This company
19.5x
Sector median
29.6x

34% below the Producer Manufacturing median.

6.0x18.7x31.4x44.0xJan '19Aug '20Mar '22Oct '23May '25Nov '266.0x18.7x31.4x44.0xJan '19Sep '21May '24Nov '26
P/E (this company)10th to 90th percentile of its own historyIts medianProducer Manufacturing median

The chart loads when you open this tab.

P/B (this company)10th to 90th percentile of its own historyIts medianProducer Manufacturing median

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P/S (this company)10th to 90th percentile of its own historyIts medianProducer Manufacturing 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 Producer Manufacturing is valued

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

  • ROCE87thflat vs a year ago
  • Op. margin59th▼ 5 pts vs a year ago
  • Revenue growth56th▼ 13 pts vs a year ago
  • EPS growth63rd▼ 8 pts vs a year ago
  • Debt/equity ↓77th▼ 7 pts vs a year ago
  • Cash cycle ↓78th▼ 5 pts vs a year ago
  • P/E ↓71st▲ 12 pts vs a year ago
  • 12M momentum38th▼ 55 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 Producer Manufacturing sector page Watch it move against Producer Manufacturing in the Observatory

What is the price implying?

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

At normalised P/E (five-year average earnings) of 29.7x, a holder earning 12%/yr needs earnings to grow about 18.1%/yr for 10 years, then trade at 15x.

Delivered23.7%/yrEPS, last 10 fiscal years · 3-yr avg to 3-yr avg
Gap−5.6 ptsimplied minus delivered
Rank637thmost demanding of 856

Over time

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

0%12%24% Jan 2019Nov 2026 0%12%24% Jan 2019Nov 2026

Change the assumptions

Exit P/E / return11%12%13%
12x19.4%20.5%21.5%
15x17.0%18.1%19.1%
20x14.0%15.0%16.0%

Drag a slider to test other assumptions

Implied: 18.1%/yr

Looking back

  • Jan 2020Price implied 9%/yr; EPS has since grown 24%/yr (7.0 yrs)
  • Jan 2021Price implied 10%/yr; EPS has since grown 23%/yr (6.0 yrs)
  • Jan 2022Price implied 18%/yr; EPS has since grown 41%/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
₹1944.20
P/E
19.5x
ROCE
29.0%
Market Cap
₹5118 cr
Revenue (TTM)
₹2931 cr
P/S
1.7x
P/B
4.2x
ROE
21.6%
Operating Margin
13.0%
Debt / Equity
0.1x
Promoter Holding
54.5%
12M Momentum
-14.2%

52-week range

₹1642.00₹2674.80
29% of the way from its 52-week low to its high

Price risk

1Y volatility
37.6%
Beta vs sector
1-year daily
0.96

Balance sheet & cash

Interest cover
operating profit ÷ interest
100.0x
Cash from profit, 3Y
operating cash flow ÷ net profit
0.84x
Share count, 1Y
unchanged

Are profits backed by cash?

6 of 7checks within range1 near a threshold
Other income reliance6%Within range

Other income as a share of pre-tax profit (trailing twelve months): 5.7%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate26%Within range

Median quarterly effective tax rate over about 2.5 years: 25.5%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion0.84xWithin range

Operating cash flow divided by net profit over the last three fiscal years: 0.84x (cash from operations ₹529 cr, net profit ₹627 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+15 daysNear threshold

Debtor days are above the median of the previous three fiscal years by 15 days (50 vs 35). Bands: under 15 days, 15 to 45, over 45.

Capital work in progress2% of fixed assetsWithin range

Capital work-in-progress is 2% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.

Payable days+5 days / 2 yrsWithin range

Days payable changed by +5 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, promoters trimmed 12.1 pts; DIIs added 10.8 pts; FIIs added 4.7 pts.
  • The number of shareholders rose from 50,287 to 75,296 (+50%) between Dec 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupDec '23Jun '26Change
Promoters66.6%54.5%-12.1 pts
FIIs2.3%7.0%+4.7 pts
DIIs0.8%11.6%+10.8 pts
Public and others30.3%26.9%-3.4 pts

Number of shareholders

75,296shareholders+50% since Dec '23
50k59k67k76k Dec '23Jun '24Dec '24Jun '25Dec '25Jun '26
Dec '23: 50,287
Mar '24: 63,853
Jun '24: 66,478
Sep '24: 69,660
Dec '24: 72,858
Mar '25: 72,095
Jun '25: 67,891
Sep '25: 71,850
Dec '25: 75,786
Mar '26: 73,826
Jun '26: 75,296
 50k59k67k76k Dec '23Dec '24Dec '25Jun '26
Dec '23: 50,287
Mar '24: 63,853
Jun '24: 66,478
Sep '24: 69,660
Dec '24: 72,858
Mar '25: 72,095
Jun '25: 67,891
Sep '25: 71,850
Dec '25: 75,786
Mar '26: 73,826
Jun '26: 75,296

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

−5.1%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 FIEM INDUSTRIES 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 −28% to +28% vs the market, against −6% for all non-financial companies in the same months.
  • The gap against the base rate (+0.9%, 80% range −9.0% to +9.1%) is within what chance and overlapping periods produce.

Where the 50 outcomes landed

−100%−50%0%+50%+100%
ARE&M · Feb 2021: −47.0% vs market
JTLIND · Mar 2025: −44.8% vs market
AUTOAXLES · Oct 2023: −42.3% vs market
BSOFT · Aug 2024: −40.5% vs market
BLISSGVS · May 2020: −34.0% vs market
JYOTHYLAB · Apr 2025: −33.4% vs market
BHAGERIA · Aug 2021: −32.9% vs market
RSYSTEMS · Sep 2025: −30.6% vs market
IGL · Sep 2025: −30.6% vs market
IONEXCHANG · Mar 2025: −29.5% vs market
SAKSOFT · Feb 2025: −28.5% vs market
BAJAJCON · Mar 2024: −28.4% vs market
DEEPAKNTR · Feb 2025: −27.7% vs market
JAMNAAUTO · May 2024: −27.2% vs market
TANLA · Sep 2025: −25.5% vs market
HONDAPOWER · Sep 2020: −24.0% vs market
VEEDOL · Sep 2025: −22.9% vs market
CONTROLPR · May 2024: −20.5% vs market
FDC · Dec 2024: −19.8% vs market
FINPIPE · Dec 2021: −12.7% vs market
PRAJIND · May 2024: −12.5% vs market
DLINKINDIA · Jul 2025: −12.0% vs market
TCI · Jul 2023: −8.9% vs market
GRSE · Feb 2021: −8.1% vs market
SKFINDIA · May 2023: −5.5% vs market
TVTODAY · May 2020: −4.7% vs market
COCHINSHIP · May 2020: −4.3% vs market
VESUVIUS · Dec 2024: +0.2% vs market
CYIENT · Jan 2020: +3.6% vs market
FINCABLES · Mar 2020: +4.0% vs market
AVANTIFEED · Jul 2024: +6.3% vs market
INTELLECT · Aug 2024: +6.7% vs market
INDNIPPON · Mar 2020: +8.2% vs market
SASKEN · Nov 2020: +16.1% vs market
DHANUKA · Mar 2024: +21.7% vs market
ZENSARTECH · Sep 2024: +22.4% vs market
DODLA · Sep 2024: +23.5% vs market
FLAIR · Mar 2025: +29.5% vs market
BEL · Feb 2020: +36.2% vs market
KINGFA · Nov 2024: +39.3% vs market
ECLERX · Jun 2024: +41.7% vs market
SHARDAMOTR · May 2023: +41.8% vs market
NUCLEUS · Jun 2020: +46.2% vs market
CAPLIPOINT · Mar 2023: +48.5% vs market
MAYURUNIQ · Mar 2020: +54.7% vs market
RHIM · Jun 2021: +56.8% vs market
ENGINERSIN · Sep 2025: +59.5% vs market
STYLAMIND · Jul 2025: +83.8% vs market
SONATSOFTW · May 2020: +90.3% vs market
GABRIEL · Oct 2024: +173.0% vs market
Similar setups −5.1%All companies −6.0%← 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 · 1 beyond the range shown, drawn at the edge

Similar setups' median
−5.1%
All companies' median
−6.0%
Beat the market
46% vs 43%

50 past situations · 50 companies · 29 months · 2020–2025

The closest matches

CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
JAMNAAUTO
Producer Manufacturing		 May 2024 29x28% +22%−15% −27%
DHANUKA
Process Industries		 Mar 2024 19x27% +68%−20% +22%
SHARDAMOTR
Producer Manufacturing		 May 2023 15x38% +10%−12% +42%
STYLAMIND
Non-Energy Minerals		 Jul 2025 24x27% −12%−34% +84%
DODLA
Consumer Non-Durables		 Sep 2024 35x22% +68%−11% +24%
Show the other 3 matches
CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
SONATSOFTW
Technology Services		 May 2020 9x46% −43%−44% +90%
TANLA
Technology Services		 Sep 2025 18x29% −27%−28% −26%
FINCABLES
Producer Manufacturing		 Mar 2020 8x24% −57%−59% +4%
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 5 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 FIEM INDUSTRIES 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.

VESUVIUS INDIAVESUVIUS
Non-Energy Minerals
70%similar
revenue growthpromoter holding
INDRAPRASTHA MEDICAL CORPORATIINDRAMEDCO
Health Services
69%similar
volatilitydebt/equity
POWER MECH PROJECTSPOWERMECH
Industrial Services
69%similar
P/EEPS growth
TIME TECHNOPLASTTIMETECHNO
Process Industries
66%similar
operating marginP/E
ZENSAR TECHNOLOGIESZENSARTECH
Technology Services
65%similar
P/Evolatility
SHARDA MOTOR INDUSTRIESSHARDAMOTR
Producer Manufacturing
74%similar
market capvolatility
ADOR WELDINGADOR
Producer Manufacturing
72%similar
promoter holdingEPS growth
INTERARCH BUILDING SOLUTIONS LINTERARCH
Producer Manufacturing
67%similar
P/EROCE

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

What changed?

30 events since Jun '22

  1. OctPriceFell 37% from the Aug 2026 peak to the Oct 2026 low.
  2. AugPriceVolume reached 15.2x its 50-day median on 2026-08-13; price -8.8% that day.
  3. DecPromoterPromoter holding fell 4.5 pts to 54.5% (largest drop since 2024-09).
  4. NovValuationP/E crossed above the 90th percentile of its own history to date (27.9x).
  5. SepInstitutionsFII + DII holding rose 3.9 pts over 2 quarters to 13.2%.
  6. SepPriceVolume reached 26.0x its 50-day median on 2025-09-17; price -3.5% that day.
  7. JunPriceRegained the 2024-09 peak, 2 months after the low.
  8. JunPriceVolume reached 15.5x its 50-day median on 2025-06-02; price +9.4% that day.
Show 22 earlier events
  1. AprPriceFell 26% from the Sep 2024 peak to the Apr 2025 low.
  2. SepPromoterPromoter holding fell 7.6 pts to 59.0%.
  3. SepInstitutionsFII + DII holding rose 3.5 pts over 2 quarters to 6.6%.
  4. SepPeer rankMoved into the 2nd quartile of Producer Manufacturing on EPS growth (from the 3rd quartile).
  5. JulPriceVolume reached 11.2x its 50-day median on 2024-07-03; price +1.6% that day.
  6. JunResultsRevenue (TTM) reached a new high of ₹2,029 cr.
  7. JunPeer rankSlipped to the 3rd quartile of Producer Manufacturing on EPS growth (from the 2nd quartile).
  8. JunPriceVolume reached 35.9x its 50-day median on 2024-06-18; price +5.3% that day.
  9. JanPriceVolume reached 19.7x its 50-day median on 2024-01-08; price +7.4% that day.
  10. NovPriceVolume reached 15.3x its 50-day median on 2023-11-24; price +0.8% that day.
  11. SepPriceRegained the 2022-11 peak, 6 months after the low.
  12. SepPriceVolume reached 9.5x its 50-day median on 2023-09-01; price +5.3% that day.
  13. JunResultsRevenue (TTM) reached a new high of ₹1,848 cr.
  14. JunPeer rankSlipped to the 2nd quartile of Producer Manufacturing on EPS growth (from the top quartile).
  15. MayPriceVolume reached 16.3x its 50-day median on 2023-05-12; price +8.9% that day.
  16. MarPriceFell 28% from the Nov 2022 peak to the Mar 2023 low.
  17. JanPriceVolume reached 11.2x its 50-day median on 2023-01-20; price +8.5% that day.
  18. NovPriceVolume reached 15.8x its 50-day median on 2022-11-14; price +11.0% that day.
  19. JulPriceVolume reached 19.7x its 50-day median on 2022-07-05; price +3.3% that day.
  20. JunResultsYear-on-year EPS growth turned positive.
  21. JunPriceRegained the 2022-01 peak, 1 month after the low.
  22. JunPeer rankMoved into the top quartile of Producer Manufacturing on ROCE (from the 2nd quartile).

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 history60 months · 2021-12 to 2026-11
MonthP/ERevenue (TTM)ROEROCEDebt / Equity
2026-1119.5x₹2931 cr21.6%29.0%0.1x
2026-1016.9x₹2931 cr21.6%29.0%0.1x
2026-0918.8x₹2931 cr21.6%29.0%0.1x
2026-0821.0x₹2815 cr21.1%29.0%0.1x
2026-0723.9x₹2815 cr21.1%29.0%0.1x
2026-0623.3x₹2815 cr21.1%29.0%0.1x
2026-0524.3x₹2703 cr23.5%28.0%0.0x
2026-0423.6x₹2703 cr23.5%28.0%0.0x
2026-0320.7x₹2703 cr23.5%28.0%0.0x
2026-0225.2x₹2606 cr22.0%28.0%0.0x
2026-0125.2x₹2606 cr22.0%28.0%0.0x
2025-1226.2x₹2606 cr22.0%28.0%0.0x
2025-1127.9x₹2503 cr20.6%28.0%0.0x
2025-1025.7x₹2503 cr20.6%28.0%0.0x
2025-0923.5x₹2503 cr20.6%28.0%0.0x
2025-0827.0x₹2422 cr19.7%28.0%0.0x
2025-0724.7x₹2422 cr19.7%28.0%0.0x
2025-0624.7x₹2422 cr19.7%28.0%0.0x
2025-0521.8x₹2341 cr21.6%27.0%0.0x
2025-0419.6x₹2341 cr21.6%27.0%0.0x
2025-0319.3x₹2341 cr21.6%27.0%0.0x
2025-0219.4x₹2235 cr20.9%27.0%0.0x
2025-0119.8x₹2235 cr20.9%27.0%0.0x
2024-1221.0x₹2235 cr20.9%27.0%0.0x
2024-1122.4x₹2132 cr20.1%27.0%0.0x
2024-1022.7x₹2132 cr20.1%27.0%0.0x
2024-0925.7x₹2132 cr20.1%27.0%0.0x
2024-0824.2x₹2029 cr18.6%27.0%0.0x
2024-0721.5x₹2029 cr18.6%27.0%0.0x
2024-0620.3x₹2029 cr18.6%27.0%0.0x
2024-0522.3x₹1848 cr18.4%27.0%0.0x
2024-0422.6x₹1848 cr18.4%27.0%0.0x
2024-0321.3x₹1848 cr18.4%27.0%0.0x
2024-0222.0x₹1848 cr18.4%27.0%0.0x
2024-0122.4x₹1848 cr18.4%27.0%0.0x
2023-1219.7x₹1848 cr18.4%27.0%0.0x
2023-1118.7x₹1848 cr18.4%27.0%0.0x
2023-1016.6x₹1848 cr18.4%27.0%0.0x
2023-0916.9x₹1848 cr18.4%27.0%0.0x
2023-0817.9x₹1848 cr18.4%27.0%0.0x
2023-0718.0x₹1848 cr18.4%27.0%0.0x
2023-0616.8x₹1848 cr18.4%27.0%0.0x
2023-0524.6x₹1572 cr14.6%21.0%0.1x
2023-0424.8x₹1572 cr14.6%21.0%0.1x
2023-0321.9x₹1572 cr14.6%21.0%0.1x
2023-0221.6x₹1572 cr14.6%21.0%0.1x
2023-0122.9x₹1572 cr14.6%21.0%0.1x
2022-1224.2x₹1572 cr14.6%21.0%0.1x
2022-1127.2x₹1572 cr14.6%21.0%0.1x
2022-1022.5x₹1572 cr14.6%21.0%0.1x
2022-0920.2x₹1572 cr14.6%21.0%0.1x
2022-0821.0x₹1572 cr14.6%21.0%0.1x
2022-0722.5x₹1572 cr14.6%21.0%0.1x
2022-0618.5x₹1572 cr14.6%21.0%0.1x
2022-0528.5x₹1221 cr8.3%12.0%0.1x
2022-0427.2x₹1221 cr8.3%12.0%0.1x
2022-0325.4x₹1221 cr8.3%12.0%0.1x
2022-0228.4x₹1221 cr8.3%12.0%0.1x
2022-0132.1x₹1221 cr8.3%12.0%0.1x
2021-1231.9x₹1221 cr8.3%12.0%0.1x

Older months are in the live observatory.

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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