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GANGES SECURITIES LIMITED (GANGESSECU)

Finance · Financial Conglomerates · 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.43 / 100
Profitability 20Growth 9Balance sheet 100

Passes these screensCash Rich

Compare withJIO FINANCIAL SERVICESBAJAJ HOLDINGS & INVESTMENT LIMAHARASHTRA SCOOTERS

Share price

Closing priceAdjusted for splits and bonus issues.

₹110.01 latest close · −8.3% over the last 90 sessions

₹110₹115₹120Jul 2Jul 28Aug 21Sep 16Oct 14Nov 9 ₹110₹115₹120Jul 2Sep 3Nov 9

₹110.01 month-end · −26.6% over 12 months

₹100₹120₹140Nov '25Jan '26Apr '26Jun '26Sep '26Nov '26 ₹100₹120₹140Nov '25May '26Nov '26

₹110.01 month-end · −15.0% over 3 years

₹100₹150₹200Nov '23Jun '24Jan '25Sep '25Apr '26Nov '26 ₹100₹150₹200Nov '23May '25Nov '26

₹110.01 month-end · +149.2% since Jan '19

₹100₹200Jan '19Aug '20Mar '22Sep '23Apr '25Nov '26 ₹100₹200Jan '19Dec '22Nov '26

52-week range ₹103.31 to ₹164.70 · 1-year volatility 31.7%

Was the rally earned?

-27%share price, 1 yearEarnings-driven

Mostly earnings.

  • Per-share earnings took off 53 points, while the multiple moved less (P/E 28.1x to 38.2x).
  • The share count barely moved.
Net profit growth: −53 pts. Points of the price return explained by net profit growing (or shrinking).−53 ptsNet profit growthP/E change: +27 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+27 ptsP/E changeShare price: −27%−27%Share priceNet profit growth: −53 pts. Points of the price return explained by net profit growing (or shrinking).−53ProfitP/E change: +27 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+27P/EShare price: −27%−27%Share price
Net profit growth-53 ptsNet profit fell about 46%, which lowers the price.
P/E change+27 ptsThe P/E rose from 28.1x to 38.2x, which lifts the price.
Share count change0 ptsShare count was little changed. More shares would count against the price.
-15%share price, 3 yearsEarnings-driven

Mostly earnings.

  • Per-share earnings took off 113 points, while the multiple moved less (P/E 13.3x to 38.2x).
  • The share count barely moved.
Net profit growth: −113 pts. Points of the price return explained by net profit growing (or shrinking).−113 ptsNet profit growthP/E change: +98 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+98 ptsP/E changeShare price: −15%−15%Share priceNet profit growth: −113 pts. Points of the price return explained by net profit growing (or shrinking).−113ProfitP/E change: +98 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+98P/EShare price: −15%−15%Share price
Net profit growth-113 ptsNet profit fell about 70%, which lowers the price.
P/E change+98 ptsThe P/E rose from 13.3x to 38.2x, which lifts the price.
Share count change0 ptsShare count was little changed. More shares would count against the price.
+36%share price, 5 yearsMultiple-driven

Partly.

  • Most of the rise came from investors paying a higher multiple (P/E 8.2x to 38.2x); per-share earnings took off 143 points.
  • The share count barely moved.
Net profit growth: −143 pts. Points of the price return explained by net profit growing (or shrinking).−143 ptsNet profit growthP/E change: +180 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+180 ptsP/E changeShare price: +36%+36%Share priceNet profit growth: −143 pts. Points of the price return explained by net profit growing (or shrinking).−143ProfitP/E change: +180 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+180P/EShare price: +36%+36%Share price
Net profit growth-143 ptsNet profit fell about 71%, which lowers the price.
P/E change+180 ptsThe P/E rose from 8.2x to 38.2x, which lifts the price.
Share count change0 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 JIO FINANCIAL SERVICES

How rough has the ride been?

Maximum drawdown-59.8%recovered 2020-10
1-year volatility31.7%annualised

Drawdown from peak

0%−20%−40%−60%2020202120222023202420252026−59.8% 0%−20%−40%−60%2020202220242026−59.8%
Largest drawdowns

-59.8% (2019-01 peak to 2020-04 low, recovered 2020-10)

-53.6% (2024-10 peak to 2026-03 low, not yet recovered)

-39.2% (2022-04 peak to 2023-03 low, recovered 2024-03)

Is it expensive against its own past and its peers?

38.2xP/E todayNear its historic high
Against its own history84th percentile
CheapestMedian 12.9xDearest

Usual range 4.8x to 43.9x since 2019-01.

Against Finance38.2x vs 18.1x
This company
38.2x
Sector median
18.1x

111% above the Finance median.

2.9x45.5x88.1x130.8xJan '19Aug '20Mar '22Oct '23May '25Nov '262.9x45.5x88.1x130.8xJan '19Sep '21May '24Nov '26
P/E (this company)10th to 90th percentile of its own historyIts medianFinance median

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

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P/S (this company)10th to 90th percentile of its own historyIts medianFinance 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 Finance is valued

Where does it rank among Finance peers?

Each cell is the company's percentile rank among its Finance 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

  • ROCE16thflat vs a year ago
  • Op. margin24th▼ 4 pts vs a year ago
  • Revenue growth35th▼ 5 pts vs a year ago
  • EPS growth16th▼ 42 pts vs a year ago
  • Debt/equity ↓90thflat vs a year ago
  • Cash cycle ↓15th▼ 51 pts vs a year ago
  • P/E ↓23rd▼ 22 pts vs a year ago
  • 12M momentum31st▲ 6 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 Finance sector page Watch it move against Finance in the Observatory

What is the price implying?

~15%annual earnings growth implied by the price

At a P/E of 19.0x, the price would imply about 14.7%/yr earnings growth for 10 years under the same assumptions, but it is not ranked.

Below the ₹1,000 cr market-cap floor used for the lists.

“Implied growth” is what the current price would require under our stated assumptions, not what we expect.

What prices imply across Finance The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov
₹110.01
P/E
38.2x
ROCE
0.8%
Market Cap
₹110 cr
Revenue (TTM)
₹37 cr
P/S
2.9x
P/B
0.2x
ROE
0.5%
Operating Margin
10.3%
Debt / Equity
0.0x
Promoter Holding
66.6%
12M Momentum
-26.6%

52-week range

₹103.31₹164.70
11% of the way from its 52-week low to its high

Price risk

1Y volatility
31.7%
Beta vs sector
1-year daily
0.61

Balance sheet & cash

Debt service
no meaningful debt
Cash from profit, 3Y
operating cash flow ÷ net profit
3.40x
Share count, 1Y
unchanged

Are profits backed by cash?

5 of 6checks within range1 near a threshold
Other income reliance26%Near threshold

Other income as a share of pre-tax profit (trailing twelve months): 26.3%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate20%Within range

Median quarterly effective tax rate over about 2.5 years: 20.5%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion3.40xWithin range

Operating cash flow divided by net profit over the last three fiscal years: 3.40x (cash from operations ₹38.1 cr, net profit ₹11.2 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 history+11 daysWithin range

Debtor days are above the median of the previous three fiscal years by 11 days (19 vs 7). Bands: under 15 days, 15 to 45, over 45.

Capital work in progress6% of fixed assetsWithin range

Capital work-in-progress is 6% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.

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, institutional and promoter holdings were broadly unchanged.
  • The number of shareholders rose from 5,179 to 5,528 (+7%) between Dec 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupDec '23Jun '26Change
Promoters66.6%66.6%0.0 pts
FIIs0.0%0.0%0.0 pts
DIIs0.0%0.0%0.0 pts
Public and others33.4%33.3%0.0 pts

Number of shareholders

5,528shareholders+7% since Dec '23
5k5k6k6k Dec '23Sep '24Mar '25Sep '25Jun '26
Dec '23: 5,179
Mar '24: 5,536
Sep '24: 5,395
Dec '24: 6,048
Mar '25: 6,000
Jun '25: 5,853
Sep '25: 5,758
Mar '26: 5,595
Jun '26: 5,528
 5k5k6k6k Dec '23Dec '24Sep '25Jun '26
Dec '23: 5,179
Mar '24: 5,536
Sep '24: 5,395
Dec '24: 6,048
Mar '25: 6,000
Jun '25: 5,853
Sep '25: 5,758
Mar '26: 5,595
Jun '26: 5,528

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

+3.8%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 GANGES SECURITIES 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 −15% to +48% vs the market, against −3% for all non-financial companies in the same months.
  • The gap against the base rate (+6.6%, 80% range −1.2% to +23.5%) is within what chance and overlapping periods produce.

Where the 50 outcomes landed

−100%−50%0%+50%+100%
HPAL · Jul 2024: −49.8% vs market
SHYAMCENT · Sep 2023: −44.0% vs market
FCSSOFT · Aug 2025: −42.5% vs market
DIAMINESQ · Aug 2025: −38.4% vs market
AIRAN · Sep 2025: −35.5% vs market
WATERBASE · Feb 2022: −29.2% vs market
DIGIDRIVE · Apr 2025: −27.8% vs market
AHLEAST · Jan 2020: −26.9% vs market
VARDHACRLC · May 2023: −23.0% vs market
NOCIL · Oct 2025: −21.6% vs market
GOYALALUM · Sep 2025: −18.3% vs market
INDIANCARD · Jul 2023: −18.0% vs market
SREEL · Jul 2025: −15.4% vs market
ALPHAGEO · Jul 2021: −15.1% vs market
HINDCON · Oct 2025: −13.8% vs market
LOVABLE · Jan 2023: −11.3% vs market
BOROSCI · Sep 2025: −11.1% vs market
MOIL · Jan 2021: −6.7% vs market
CHEMCON · Jul 2024: −4.1% vs market
ENIL · May 2021: −3.5% vs market
STEL · Jul 2021: −3.4% vs market
DENTALKART · Oct 2024: −2.4% vs market
GEECEE · Dec 2021: −2.1% vs market
IMPAL · Jun 2021: +2.4% vs market
HATHWAY · Jul 2023: +2.7% vs market
EXCELINDUS · Jun 2024: +4.9% vs market
GUJAPOLLO · Aug 2022: +6.9% vs market
IVC · May 2023: +9.7% vs market
JUSTDIAL · Apr 2023: +15.6% vs market
INDOTECH · Nov 2020: +23.0% vs market
HINDCOMPOS · Jun 2020: +24.6% vs market
OSWALGREEN · Aug 2023: +24.7% vs market
BANARBEADS · Feb 2024: +25.3% vs market
VESUVIUS · Oct 2021: +34.5% vs market
APTECHT · Feb 2020: +37.0% vs market
DIVGIITTS · May 2025: +42.5% vs market
LOTUSEYE · Sep 2021: +43.6% vs market
TATVA · Feb 2025: +49.8% vs market
MAHAPEXLTD · Jun 2022: +58.8% vs market
EIMCOELECO · Apr 2022: +68.7% vs market
INDBANK · May 2020: +82.0% vs market
ANTELOPUS · Oct 2021: +92.1% vs market
PILITA · Apr 2020: +103.8% vs market
QUICKHEAL · Jun 2023: +112.4% vs market
SHANTIGEAR · Jan 2022: +124.5% vs market
MAANALU · Feb 2020: +126.5% vs market
KABRAEXTRU · Jun 2020: +139.0% vs market
RIIL · Apr 2021: +143.1% vs market
BSE · Feb 2021: +181.6% vs market
NUCLEUS · Jan 2023: +184.3% vs market
Similar setups +3.8%All companies −2.8%← 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 · 8 beyond the range shown, drawn at the edge

Similar setups' median
+3.8%
All companies' median
−2.8%
Beat the market
54% vs 47%

50 past situations · 50 companies · 38 months · 2020–2025

The closest matches

CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
LOVABLE
Consumer Non-Durables		 Jan 2023 33x3% −27%−29% −11%
SHYAMCENT
Non-Energy Minerals		 Sep 2023 32x— −9%−11% −44%
GUJAPOLLO
Producer Manufacturing		 Aug 2022 28x3% −14%−19% +7%
ANTELOPUS
Energy Minerals		 Oct 2021 35x-2% +43%−17% +92%
INDOTECH
Producer Manufacturing		 Nov 2020 53x2% −4%−17% +23%
Show the other 3 matches
CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
LOTUSEYE
Health Services		 Sep 2021 65x4% +62%−13% +44%
HINDCOMPOS
Producer Manufacturing		 Jun 2020 21x1% −18%−35% +25%
EIMCOELECO
Producer Manufacturing		 Apr 2022 40x5% +5%−31% +69%
How reliable is this?

Matched on P/E, P/S, ROCE, operating margin, debt/equity, 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/S. Not used (unavailable for this company): interest cover. 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 GANGES SECURITIES 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 changed?

30 events since Nov '20

  1. JunPeer rankSlipped to the bottom quartile of Finance on operating margin (from the 3rd quartile).
  2. MarPriceFell 54% from the Oct 2024 peak to the Mar 2026 low.
  3. MarPeer rankSlipped to the 3rd quartile of Finance on operating margin (from the 2nd quartile).
  4. DecResultsYear-on-year EPS growth turned negative.
  5. DecValuationP/E crossed above the 90th percentile of its own history to date (130.7x).
  6. DecPeer rankMoved into the 2nd quartile of Finance on operating margin (from the 3rd quartile).
  7. SepPeer rankMoved into the 3rd quartile of Finance on operating margin (from the bottom quartile).
  8. JunResultsYear-on-year EPS growth turned positive.
Show 22 earlier events
  1. JunPeer rankSlipped to the bottom quartile of Finance on operating margin (from the 3rd quartile).
  2. MayValuationP/E crossed above the 90th percentile of its own history to date (31.7x).
  3. MarPeer rankSlipped to the 3rd quartile of Finance on operating margin (from the 2nd quartile).
  4. DecPeer rankMoved into the 2nd quartile of Finance on operating margin (from the 3rd quartile).
  5. SepPeer rankMoved into the 3rd quartile of Finance on operating margin (from the bottom quartile).
  6. JunResultsYear-on-year EPS growth turned negative.
  7. JunPeer rankSlipped to the bottom quartile of Finance on ROCE (from the 3rd quartile).
  8. AprPriceRegained the 2024-03 peak, 1 month after the low.
  9. AprValuationP/E crossed above the 90th percentile of its own history to date (15.9x).
  10. MarPriceRegained the 2022-04 peak, 12 months after the low.
  11. MarPriceFell 26% from the Mar 2024 peak to the Mar 2024 low.
  12. JunResultsYear-on-year EPS growth turned positive.
  13. JunPeer rankMoved into the 3rd quartile of Finance on ROCE (from the bottom quartile).
  14. MarPriceFell 39% from the Apr 2022 peak to the Mar 2023 low.
  15. NovValuationP/E crossed above the 90th percentile of its own history to date (13.7x).
  16. JunResultsYear-on-year EPS growth turned negative.
  17. JunPeer rankSlipped to the bottom quartile of Finance on ROCE (from the 3rd quartile).
  18. DecValuationP/E crossed above the 90th percentile of its own history to date (9.3x).
  19. JunResultsYear-on-year EPS growth turned positive.
  20. JanValuationP/E crossed above the 90th percentile of its own history to date (7.8x).
  21. DecPriceRegained the 2020-10 peak, 1 month after the low.
  22. NovPriceFell 25% from the Oct 2020 peak to the Nov 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 history95 months · 2019-01 to 2026-11
MonthP/ERevenue (TTM)ROEROCEDebt / Equity
2026-1138.2x₹37 cr0.5%0.8%0.0x
2026-1039.8x₹37 cr0.5%0.8%0.0x
2026-0939.0x₹37 cr0.5%0.8%0.0x
2026-0843.8x₹36 cr0.5%0.8%0.0x
2026-0742.1x₹36 cr0.5%0.8%0.0x
2026-0643.9x₹36 cr0.5%0.8%0.0x
2026-0572.8x₹35 cr0.2%1.1%0.0x
2026-0475.5x₹35 cr0.2%1.1%0.0x
2026-0361.6x₹35 cr0.2%1.1%0.0x
2026-02120.1x₹37 cr0.2%1.1%0.0x
2026-01115.6x₹37 cr0.2%1.1%0.0x
2025-12130.7x₹37 cr0.2%1.1%0.0x
2025-1128.1x₹37 cr0.8%1.1%0.0x
2025-1029.3x₹37 cr0.8%1.1%0.0x
2025-0927.6x₹37 cr0.8%1.1%0.0x
2025-0829.8x₹38 cr0.8%1.1%0.0x
2025-0729.4x₹38 cr0.8%1.1%0.0x
2025-0631.9x₹38 cr0.8%1.1%0.0x
2025-0531.7x₹39 cr0.9%1.3%0.0x
2025-0429.1x₹39 cr0.9%1.3%0.0x
2025-0327.5x₹39 cr0.9%1.3%0.0x
2025-0222.9x₹38 cr1.0%1.3%0.0x
2025-0130.5x₹38 cr1.0%1.3%0.0x
2024-1236.1x₹38 cr1.0%1.3%0.0x
2024-1142.5x₹37 cr0.9%1.3%0.0x
2024-1036.3x₹37 cr0.9%1.3%0.0x
2024-0933.1x₹37 cr0.9%1.3%0.0x
2024-0853.1x₹35 cr0.6%1.3%0.0x
2024-0747.1x₹35 cr0.6%1.3%0.0x
2024-0649.0x₹35 cr0.6%1.3%0.0x
2024-0515.0x₹42 cr2.2%2.4%0.0x
2024-0415.9x₹42 cr2.2%2.4%0.0x
2024-0311.8x₹42 cr2.2%2.4%0.0x
2024-0212.9x₹42 cr2.2%2.4%0.0x
2024-0113.2x₹42 cr2.2%2.4%0.0x
2023-1212.7x₹42 cr2.2%2.4%0.0x
2023-1113.3x₹42 cr2.2%2.4%0.0x
2023-1012.2x₹42 cr2.2%2.4%0.0x
2023-0912.4x₹42 cr2.2%2.4%0.0x
2023-0811.8x₹42 cr2.2%2.4%0.0x
2023-0712.1x₹42 cr2.2%2.4%0.0x
2023-0611.4x₹42 cr2.2%2.4%0.0x
2023-0513.0x₹34 cr1.3%1.9%0.0x
2023-0413.4x₹34 cr1.3%1.9%0.0x
2023-0311.8x₹34 cr1.3%1.9%0.0x
2023-0213.8x₹34 cr1.3%1.9%0.0x
2023-0115.2x₹34 cr1.3%1.9%0.0x
2022-1215.5x₹34 cr1.3%1.9%0.0x
2022-1113.7x₹34 cr1.3%1.9%0.0x
2022-1013.1x₹34 cr1.3%1.9%0.0x
2022-0913.7x₹34 cr1.3%1.9%0.0x
2022-0813.8x₹34 cr1.3%1.9%0.0x
2022-0714.0x₹34 cr1.3%1.9%0.0x
2022-0613.4x₹34 cr1.3%1.9%0.0x
2022-0512.5x₹35 cr2.9%4.3%0.0x
2022-0413.1x₹35 cr2.9%4.3%0.0x
2022-0313.6x₹35 cr2.9%4.3%0.0x
2022-0210.3x₹35 cr2.9%4.3%0.0x
2022-019.0x₹35 cr2.9%4.3%0.0x
2021-129.3x₹35 cr2.9%4.3%0.0x
2021-118.2x₹35 cr2.9%4.3%0.0x
2021-108.6x₹35 cr2.9%4.3%0.0x
2021-099.2x₹35 cr2.9%4.3%0.0x
2021-089.1x₹35 cr2.9%4.3%0.0x
2021-079.5x₹35 cr2.9%4.3%0.0x
2021-068.8x₹35 cr2.9%4.3%0.0x
2021-059.7x₹32 cr3.4%3.4%0.0x
2021-048.9x₹32 cr3.4%3.4%0.0x
2021-038.3x₹32 cr3.4%3.4%0.0x
2021-028.7x₹32 cr3.4%3.4%0.0x
2021-017.8x₹32 cr3.4%3.4%0.0x
2020-128.5x₹32 cr3.4%3.4%0.0x
2020-116.5x₹32 cr3.4%3.4%0.0x
2020-105.6x₹32 cr3.4%3.4%0.0x
2020-096.2x₹32 cr3.4%3.4%0.0x
2020-085.1x₹32 cr3.4%3.4%0.0x
2020-074.2x₹32 cr3.4%3.4%0.0x
2020-064.6x₹32 cr3.4%3.4%0.0x
2020-053.2x₹32 cr2.4%4.4%0.0x
2020-043.3x₹32 cr2.4%4.4%0.0x
2020-032.9x₹32 cr2.4%4.4%0.0x
2020-024.3x₹32 cr2.4%4.4%0.0x
2020-015.2x₹32 cr2.4%4.4%0.0x
2019-125.7x₹32 cr2.4%4.4%0.0x
2019-115.1x₹32 cr2.4%4.4%0.0x
2019-105.3x₹32 cr2.4%4.4%0.0x
2019-095.1x₹32 cr2.4%4.4%0.0x
2019-084.9x₹32 cr2.4%4.4%0.0x
2019-075.1x₹32 cr2.4%4.4%0.0x
2019-066.0x₹32 cr2.4%4.4%0.0x
2019-054.7x₹33 cr9.8%12.2%0.1x
2019-044.8x₹33 cr9.8%12.2%0.1x
2019-034.8x₹33 cr9.8%12.2%0.1x
2019-024.9x₹33 cr9.8%12.2%0.1x
2019-014.8x₹33 cr9.8%12.2%0.1x

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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