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GILLETTE INDIA LTD (GILLETTE)

Consumer Non-Durables · Household/Personal Care · 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.88 / 100
Profitability 97Growth 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.46 / 100
Price 56Earnings 63FII/DII 21

Passes these screensQuality CompounderDebt-light & profitable

Compare withHINDUSTAN UNILEVERMARICOGODREJ CONSUMER PRODUCTS

Share price

Closing priceAdjusted for splits and bonus issues.

₹7,351.5 latest close · −3.4% over the last 90 sessions

₹7,000₹7,500₹8,000Jul 3Jul 29Aug 24Sep 17Oct 14Nov 9 ₹7,000₹7,500₹8,000Jul 3Sep 4Nov 9

₹7,351.5 month-end · −13.6% over 12 months

₹7,000₹7,500₹8,000₹8,500Nov '25Jan '26Apr '26Jun '26Sep '26Nov '26 ₹7,000₹7,500₹8,000₹8,500Nov '25May '26Nov '26

₹7,351.5 month-end · +17.9% over 3 years

₹6,000₹8,000₹10,000Nov '23Jun '24Jan '25Sep '25Apr '26Nov '26 ₹6,000₹8,000₹10,000Nov '23May '25Nov '26

₹7,351.5 month-end · +15.4% since Jan '19

₹4,000₹6,000₹8,000₹10,000Jan '19Aug '20Mar '22Sep '23Apr '25Nov '26 ₹4,000₹6,000₹8,000₹10,000Jan '19Dec '22Nov '26

52-week range ₹6860.00 to ₹8887.50 · 1-year volatility 23.2%

Was the rally earned?

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

Earnings helped, the multiple did not.

  • Per-share earnings added 16 points, but investors now pay less per rupee of profit (P/E 49.2x to 35.9x), which took 29 points back.
  • The share count barely moved.
Net profit growth: +16 pts. Points of the price return explained by net profit growing (or shrinking).+16 ptsNet profit growthP/E change: −29 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−29 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: +16 pts. Points of the price return explained by net profit growing (or shrinking).+16ProfitP/E change: −29 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−29P/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+16 ptsNet profit rose about 19%, which lifts the price.
P/E change-29 ptsThe P/E fell from 49.2x to 35.9x, which lowers the price.
Share count change0 ptsShare count was little changed. More shares would count against the price.
+18%share price, 3 yearsLower P/E held it back

Mostly yes, with a catch.

  • Per-share earnings added 69 points, but investors now pay less per rupee of profit (P/E 57.1x to 35.9x), which took 51 points back.
  • The share count barely moved.
Net profit growth: +68 pts. Points of the price return explained by net profit growing (or shrinking).+68 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: 0 pts. Points of the price return explained by the share count changing. More shares count against the price.0 ptsShare count changeShare price: +18%+18%Share priceNet profit growth: +68 pts. Points of the price return explained by net profit growing (or shrinking).+68ProfitP/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: 0 pts. Points of the price return explained by the share count changing. More shares count against the price.0SharesShare price: +18%+18%Share price
Net profit growth+68 ptsNet profit rose about 88%, which lifts the price.
P/E change-51 ptsThe P/E fell from 57.1x to 35.9x, which lowers the price.
Share count change0 ptsShare count was little changed. More shares would count against the price.
+38%share price, 5 yearsLower P/E held it back

Mostly yes, with a catch.

  • Per-share earnings added 91 points, but investors now pay less per rupee of profit (P/E 55.8x to 35.9x), which took 52 points back.
  • The share count barely moved.
Net profit growth: +91 pts. Points of the price return explained by net profit growing (or shrinking).+91 ptsNet profit growthP/E change: −52 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−52 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: +38%+38%Share priceNet profit growth: +91 pts. Points of the price return explained by net profit growing (or shrinking).+91ProfitP/E change: −52 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−52P/EShare count change: 0 pts. Points of the price return explained by the share count changing. More shares count against the price.0SharesShare price: +38%+38%Share price
Net profit growth+91 ptsNet profit rose about 116%, which lifts the price.
P/E change-52 ptsThe P/E fell from 55.8x to 35.9x, which lowers 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 HINDUSTAN UNILEVER

How rough has the ride been?

Maximum drawdown-48.3%recovered 2024-08
1-year volatility23.2%annualised
Beta vs sector index0.623-year daily, correlation 0.29
Volume spikes1last 90 sessions, 5x the 50-day median

Drawdown from peak

0%−20%−40%2020202120222023202420252026−48.3% 0%−20%−40%2020202220242026−48.3%
Largest drawdowns

-48.3% (2019-10 peak to 2023-03 low, recovered 2024-08)

-37.4% (2025-07 peak to 2026-10 low, not yet recovered)

-28.8% (2024-11 peak to 2025-02 low, recovered 2025-06)

Most recent volume spikes

2026-09-21: 5.1x 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?

35.9xP/E todayNear its historic low
Against its own history3rd percentile
CheapestMedian 59.8xDearest

Usual range 46.8x to 88.4x since 2019-01.

Against Consumer Non-Durables35.9x vs 26.8x
This company
35.9x
Sector median
26.8x

34% above the Consumer Non-Durables median.

14.2x44.5x74.8x105.1xJan '19Aug '20Mar '22Oct '23May '25Nov '2614.2x44.5x74.8x105.1xJan '19Sep '21May '24Nov '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

  • ROCE99th▲ 3 pts vs a year ago
  • Op. margin95thflat vs a year ago
  • Revenue growth53rd▼ 3 pts vs a year ago
  • EPS growth58th▼ 27 pts vs a year ago
  • Debt/equity ↓98thflat vs a year ago
  • Cash cycle ↓92nd▼ 4 pts vs a year ago
  • P/E ↓39th▲ 4 pts vs a year ago
  • 12M momentum53rdflat 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?

~24%annual earnings growth implied by the priceAbove delivered growth

At normalised P/E (five-year average earnings) of 56.3x, a holder earning 12%/yr needs earnings to grow about 24.0%/yr for 10 years, then trade at 15x.

Delivered10.8%/yrEPS, last 10 fiscal years · 3-yr avg to 3-yr avg
Gap+13.2 ptsimplied minus delivered
Rank256thmost demanding of 856

Over time

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

0%18%35% Jan 2019Nov 2026 0%18%35% Jan 2019Nov 2026

Change the assumptions

Exit P/E / return11%12%13%
12x25.2%26.3%27.4%
15x22.9%24.0%25.1%
20x20.0%21.1%22.2%

Drag a slider to test other assumptions

Implied: 24.0%/yr

Looking back

  • Jan 2020Price implied 30%/yr; EPS has since grown 15%/yr (6.8 yrs)
  • Jan 2021Price implied 29%/yr; EPS has since grown 20%/yr (5.7 yrs)
  • Jan 2022Price implied 27%/yr; EPS has since grown 17%/yr (4.8 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
₹7351.50
P/E
35.9x
ROCE
91.0%
Market Cap
₹23959 cr
Revenue (TTM)
₹3176 cr
P/S
7.5x
P/B
25.3x
ROE
70.6%
Operating Margin
29.0%
Debt / Equity
0.0x
Promoter Holding
75.0%
12M Momentum
-13.6%

52-week range

₹6860.00₹8887.50
24% of the way from its 52-week low to its high

Price risk

1Y volatility
23.2%
Beta vs sector
1-year daily
0.59

Balance sheet & cash

Interest cover
operating profit ÷ interest
76.0x
Cash from profit, 3Y
operating cash flow ÷ net profit
1.36x
Share count, 1Y
unchanged

Are profits backed by cash?

7 of 7checks within rangeAll clear
Other income reliance3%Within range

Other income as a share of pre-tax profit (trailing twelve months): 3.0%. 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 conversion0.97xWithin range

Operating cash flow divided by net profit over the last three fiscal years: 0.97x (cash from operations ₹1,444 cr, net profit ₹1,484 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 history0 daysWithin range

Debtor days are below the median of the previous three fiscal years by 0 days (47 vs 47). Bands: under 15 days, 15 to 45, over 45.

Capital work in progress11% of fixed assetsWithin range

Capital work-in-progress is 11% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.

Payable days+3 days / 2 yrsWithin range

Days payable changed by +3 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 3 years, FIIs added 3.7 pts; DIIs trimmed 2.3 pts.
  • The number of shareholders rose from 50,836 to 66,389 (+31%) between Sep 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupSep '23Jun '26Change
Promoters75.0%75.0%0.0 pts
FIIs0.6%4.3%+3.7 pts
DIIs11.1%8.8%-2.3 pts
Public and others13.3%11.9%-1.4 pts

Number of shareholders

66,389shareholders+31% since Sep '23
48k54k60k66k Sep '23Jun '24Mar '25Dec '25Jun '26
Sep '23: 50,836
Dec '23: 49,675
Mar '24: 51,118
Jun '24: 47,721
Sep '24: 50,730
Dec '24: 51,396
Mar '25: 52,134
Jun '25: 49,531
Sep '25: 52,984
Dec '25: 60,907
Mar '26: 62,885
Jun '26: 66,389
 48k54k60k66k Sep '23Sep '24Sep '25Jun '26
Sep '23: 50,836
Dec '23: 49,675
Mar '24: 51,118
Jun '24: 47,721
Sep '24: 50,730
Dec '24: 51,396
Mar '25: 52,134
Jun '25: 49,531
Sep '25: 52,984
Dec '25: 60,907
Mar '26: 62,885
Jun '26: 66,389

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

−3.5%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 GILLETTE INDIA 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 −23% to +22% vs the market, against −3% for all non-financial companies in the same months.
  • The gap against the base rate (−0.2%, 80% range −8.5% to +7.0%) is within what chance and overlapping periods produce.

Where the 50 outcomes landed

−100%−50%0%+50%+100%
SANOFI · Jun 2025: −46.6% vs market
PGHH · Oct 2025: −45.8% vs market
INDIAMART · Oct 2025: −36.1% vs market
IRCTC · Oct 2025: −35.9% vs market
CLEAN · Apr 2025: −34.6% vs market
SUNTV · Sep 2020: −33.7% vs market
PFIZER · Jan 2021: −28.2% vs market
ITC · Jan 2020: −27.4% vs market
PGHL · Sep 2023: −26.9% vs market
HINDUNILVR · Jan 2021: −26.2% vs market
SANOFICONR · Oct 2025: −24.9% vs market
SUMICHEM · Nov 2022: −24.8% vs market
EMAMILTD · Sep 2024: −23.9% vs market
CASTROLIND · Jan 2020: −20.3% vs market
BAJAJ-AUTO · Sep 2020: −18.7% vs market
DIVISLAB · Jun 2022: −17.8% vs market
OFSS · Feb 2020: −14.5% vs market
PAGEIND · Oct 2025: −11.5% vs market
ATUL · Apr 2021: −10.5% vs market
HAL · Jun 2025: −10.2% vs market
COHANCE · May 2023: −9.9% vs market
CAMS · Feb 2023: −9.0% vs market
SWARAJENG · Apr 2020: −6.0% vs market
VGUARD · Jun 2020: −4.5% vs market
ERIS · Feb 2021: −4.0% vs market
VSTIND · May 2022: −3.0% vs market
COLPAL · Apr 2022: −2.3% vs market
EICHERMOT · Apr 2020: +3.1% vs market
ABBOTINDIA · Nov 2024: +4.4% vs market
FINEORG · Aug 2025: +4.5% vs market
IEX · Jun 2024: +4.8% vs market
INGERRAND · Jul 2025: +6.5% vs market
MARICO · Feb 2021: +7.9% vs market
SHANTIGEAR · Sep 2025: +11.0% vs market
GLAXO · Nov 2023: +14.1% vs market
LALPATHLAB · Jun 2025: +17.5% vs market
3MINDIA · Feb 2025: +20.8% vs market
INOXINDIA · May 2025: +22.4% vs market
CRISIL · Feb 2021: +23.2% vs market
TCS · Jan 2020: +25.7% vs market
ESABINDIA · Feb 2022: +33.9% vs market
CGPOWER · Feb 2024: +34.7% vs market
AJANTPHARM · Oct 2025: +50.4% vs market
BEL · Oct 2023: +53.5% vs market
CUMMINSIND · Jun 2025: +66.2% vs market
MOIL · Jul 2023: +79.6% vs market
SUPREMEIND · Oct 2022: +81.7% vs market
GRINDWELL · Oct 2020: +84.3% vs market
LTTS · Nov 2020: +117.2% vs market
TATAELXSI · Feb 2020: +121.2% vs market
Similar setups −3.5%All companies −3.3%← 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 · 2 beyond the range shown, drawn at the edge

Similar setups' median
−3.5%
All companies' median
−3.3%
Beat the market
46% vs 46%

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

The closest matches

CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
PGHH
Consumer Non-Durables		 Oct 2025 52x104% −17%−19% −46%
CRISIL
Commercial Services		 Feb 2021 41x42% +28%−6% +23%
OFSS
Technology Services		 Feb 2020 14x47% −26%−29% −15%
IRCTC
Consumer Services		 Oct 2025 43x49% −13%−16% −36%
SANOFI
Health Technology		 Jun 2025 35x49% −2%−14% −47%
Show the other 3 matches
CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
3MINDIA
Producer Manufacturing		 Feb 2025 49x41% −18%−34% +21%
INGERRAND
Producer Manufacturing		 Jul 2025 46x60% −12%−17% +7%
ABBOTINDIA
Health Technology		 Nov 2024 47x46% +17%−8% +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: drawdown from 12-month high, 12-month momentum 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 GILLETTE INDIA 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 else looks like this?

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

GLAXOSMITHKLINE PHARMACEUTICALGLAXO
Health Technology
86%similar
promoter holdingROCE
ABBOTT INDIAABBOTINDIA
Health Technology
79%similar
operating marginvolatility
INGERSOLL-RAND (INDIA)INGERRAND
Producer Manufacturing
71%similar
promoter holdingrevenue growth
HINDUSTAN AERONAUTICSHAL
Electronic Technology
67%similar
P/Eoperating margin
ORACLE FINANCIAL SERVICES SOFTOFSS
Technology Services
65%similar
EPS growthROCE
PROCTER AND GAMBLE HYGIENE HEAPGHH
Consumer Non-Durables
63%similar
ROCEmarket cap
HINDUSTAN UNILEVERHINDUNILVR
Consumer Non-Durables
50%similar
volatilityP/E
DABUR INDIADABUR
Consumer Non-Durables
46%similar
volatilityP/E

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

What changed?

30 events since Nov '22

  1. OctPriceFell 37% from the Jul 2025 peak to the Oct 2026 low.
  2. SepPriceVolume reached 5.1x its 50-day median on 2026-09-21; price -0.4% that day.
  3. JunPeer rankSlipped to the 2nd quartile of Consumer Non-Durables on EPS growth (from the top quartile).
  4. MayPriceVolume reached 7.7x its 50-day median on 2026-05-27; price +4.8% that day.
  5. JanPriceVolume reached 11.6x its 50-day median on 2026-01-29; price +5.5% that day.
  6. NovPriceVolume reached 16.2x its 50-day median on 2025-11-27; price +4.0% that day.
  7. OctValuationP/E fell below the 10th percentile of its own history to date (51.1x).
  8. JulPriceVolume reached 6.0x its 50-day median on 2025-07-31; price +1.8% that day.
Show 22 earlier events
  1. JunPriceRegained the 2024-11 peak, 4 months after the low.
  2. MayPriceVolume reached 18.7x its 50-day median on 2025-05-26; price +7.2% that day.
  3. MarPeer rankMoved into the top quartile of Consumer Non-Durables on EPS growth (from the 2nd quartile).
  4. FebPriceFell 29% from the Nov 2024 peak to the Feb 2025 low.
  5. FebPriceVolume reached 67.9x its 50-day median on 2025-02-18; price +10.4% that day.
  6. OctPriceVolume reached 31.1x its 50-day median on 2024-10-29; price +10.4% that day.
  7. SepPeer rankSlipped to the 2nd quartile of Consumer Non-Durables on EPS growth (from the top quartile).
  8. SepPriceVolume reached 15.2x its 50-day median on 2024-09-20; price -0.4% that day.
  9. AugPriceRegained the 2019-10 peak, 17 months after the low.
  10. JunResultsRevenue (TTM) reached a new high of ₹2,607 cr.
  11. JunPeer rankMoved into the top quartile of Consumer Non-Durables on EPS growth (from the 2nd quartile).
  12. AprPriceVolume reached 35.5x its 50-day median on 2024-04-30; price +7.4% that day.
  13. JanPriceVolume reached 13.9x its 50-day median on 2024-01-12; price -1.8% that day.
  14. DecPriceVolume reached 8.3x its 50-day median on 2023-12-28; price +7.2% that day.
  15. SepResultsYear-on-year EPS growth turned positive.
  16. SepPeer rankMoved into the 2nd quartile of Consumer Non-Durables on EPS growth (from the 3rd quartile).
  17. SepPriceVolume reached 6.8x its 50-day median on 2023-09-14; price +4.2% that day.
  18. MayPriceVolume reached 30.8x its 50-day median on 2023-05-31; price -0.4% that day.
  19. MarPriceFell 48% from the Oct 2019 peak to the Mar 2023 low.
  20. MarPriceVolume reached 274.0x its 50-day median on 2023-03-17; price -4.5% that day.
  21. FebValuationP/E fell below the 10th percentile of its own history to date (51.5x).
  22. NovPriceVolume reached 22.8x its 50-day median on 2022-11-24; price -1.5% 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 history60 months · 2021-12 to 2026-11
MonthP/ERevenue (TTM)ROEROCEDebt / Equity
2026-1135.9x₹3176 cr70.6%91.0%0.0x
2026-1034.5x₹3176 cr70.5%91.0%0.0x
2026-0934.1x₹3176 cr70.5%91.0%0.0x
2026-0836.5x₹3100 cr69.2%91.0%0.0x
2026-0738.0x₹3100 cr69.2%91.0%0.0x
2026-0638.2x₹3100 cr69.2%91.0%0.0x
2026-0542.1x₹3075 cr60.6%56.0%0.0x
2026-0441.8x₹3075 cr60.6%56.0%0.0x
2026-0338.1x₹3075 cr60.6%56.0%0.0x
2026-0247.4x₹2971 cr56.2%56.0%0.0x
2026-0148.9x₹2971 cr56.2%56.0%0.0x
2025-1246.5x₹2971 cr56.2%56.0%0.0x
2025-1149.2x₹2942 cr55.1%56.0%0.0x
2025-1051.1x₹2942 cr55.1%56.0%0.0x
2025-0953.7x₹2942 cr55.1%56.0%0.0x
2025-0860.4x₹2880 cr52.1%56.0%0.0x
2025-0764.8x₹2880 cr52.1%56.0%0.0x
2025-0665.3x₹2880 cr52.1%56.0%0.0x
2025-0563.5x₹2794 cr48.8%59.0%0.0x
2025-0454.1x₹2794 cr48.8%59.0%0.0x
2025-0354.0x₹2794 cr48.8%59.0%0.0x
2025-0255.7x₹2747 cr46.5%59.0%0.0x
2025-0160.8x₹2747 cr46.5%59.0%0.0x
2024-1267.5x₹2747 cr46.5%59.0%0.0x
2024-1176.1x₹2633 cr42.4%59.0%0.0x
2024-1077.2x₹2633 cr42.4%59.0%0.0x
2024-0965.7x₹2633 cr42.4%59.0%0.0x
2024-0873.2x₹2607 cr39.2%52.0%0.0x
2024-0764.5x₹2607 cr39.2%52.0%0.0x
2024-0659.7x₹2607 cr39.2%52.0%0.0x
2024-0564.1x₹2477 cr36.0%52.0%0.0x
2024-0459.8x₹2477 cr36.0%52.0%0.0x
2024-0358.5x₹2477 cr36.0%52.0%0.0x
2024-0258.4x₹2477 cr36.0%52.0%0.0x
2024-0159.1x₹2477 cr36.0%52.0%0.0x
2023-1258.2x₹2477 cr36.0%52.0%0.0x
2023-1157.1x₹2477 cr36.0%52.0%0.0x
2023-1055.0x₹2477 cr36.0%52.0%0.0x
2023-0955.0x₹2477 cr36.0%52.0%0.0x
2023-0861.5x₹2256 cr33.5%51.0%0.0x
2023-0762.4x₹2256 cr33.5%51.0%0.0x
2023-0656.0x₹2256 cr33.5%51.0%0.0x
2023-0548.4x₹2256 cr33.5%51.0%0.0x
2023-0448.7x₹2256 cr33.5%51.0%0.0x
2023-0347.6x₹2256 cr33.5%51.0%0.0x
2023-0251.5x₹2256 cr33.5%51.0%0.0x
2023-0154.0x₹2256 cr33.5%51.0%0.0x
2022-1255.5x₹2256 cr33.5%51.0%0.0x
2022-1156.6x₹2256 cr33.5%51.0%0.0x
2022-1056.7x₹2256 cr33.5%51.0%0.0x
2022-0957.1x₹2256 cr33.5%51.0%0.0x
2022-0856.5x₹1982 cr39.3%51.0%0.0x
2022-0753.5x₹1982 cr39.3%51.0%0.0x
2022-0651.4x₹1982 cr39.3%51.0%0.0x
2022-0550.3x₹1982 cr39.3%51.0%0.0x
2022-0454.2x₹1982 cr39.3%51.0%0.0x
2022-0349.9x₹1982 cr39.3%51.0%0.0x
2022-0253.4x₹1982 cr39.3%51.0%0.0x
2022-0154.3x₹1982 cr39.3%51.0%0.0x
2021-1254.1x₹1982 cr39.3%51.0%0.0x

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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