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GODREJ CONSUMER PRODUCTS LTD (GODREJCP)

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.57 / 100
Profitability 74Growth 41Balance sheet 56
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.42 / 100
Price 19Earnings 46FII/DII 60

Passes these screensDebt-light & profitable

Compare withHINDUSTAN UNILEVERMARICODABUR INDIA

Share price

Closing priceAdjusted for splits and bonus issues.

₹850.65 latest close · −21.0% over the last 90 sessions

₹800₹900₹1,000₹1,100Jul 3Jul 29Aug 24Sep 17Oct 14Nov 9 ₹800₹900₹1,000₹1,100Jul 3Sep 4Nov 9

₹850.65 month-end · −25.7% over 12 months

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

₹850.65 month-end · −15.6% over 3 years

₹800₹1,000₹1,200₹1,400Nov '23Jun '24Jan '25Sep '25Apr '26Nov '26 ₹800₹1,000₹1,200₹1,400Nov '23May '25Nov '26

₹850.65 month-end · +19.9% since Jan '19

₹500₹1,000₹1,500Jan '19Aug '20Mar '22Sep '23Apr '25Nov '26 ₹500₹1,000₹1,500Jan '19Dec '22Nov '26

52-week range ₹777.20 to ₹1273.90 · 1-year volatility 26.5%

Was the rally earned?

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

Earnings helped, the multiple did not.

  • Per-share earnings added 3 points, but investors now pay less per rupee of profit (P/E 63.2x to 45.5x), which took 28 points back.
  • The share count barely moved.
Net profit growth: +3 pts. Points of the price return explained by net profit growing (or shrinking).+3 ptsNet profit growthP/E change: −28 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−28 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: −26%−26%Share priceNet profit growth: +3 pts. Points of the price return explained by net profit growing (or shrinking).+3ProfitP/E change: −28 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−28P/EShare count change: 0 pts. Points of the price return explained by the share count changing. More shares count against the price.0SharesShare price: −26%−26%Share price
Net profit growth+3 ptsNet profit rose about 3%, which lifts the price.
P/E change-28 ptsThe P/E fell from 63.2x to 45.5x, which lowers the price.
Share count change0 ptsShare count was little changed. More shares would count against the price.
-16%share price, 3 yearsLower P/E held it back

Earnings helped, the multiple did not.

  • Per-share earnings added 11 points, but investors now pay less per rupee of profit (P/E 60.6x to 45.5x), which took 26 points back.
  • The share count barely moved.
Net profit growth: +11 pts. Points of the price return explained by net profit growing (or shrinking).+11 ptsNet profit growthP/E change: −26 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−26 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: −16%−16%Share priceNet profit growth: +11 pts. Points of the price return explained by net profit growing (or shrinking).+11ProfitP/E change: −26 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−26P/EShare count change: 0 pts. Points of the price return explained by the share count changing. More shares count against the price.0SharesShare price: −16%−16%Share price
Net profit growth+11 ptsNet profit rose about 12%, which lifts the price.
P/E change-26 ptsThe P/E fell from 60.6x to 45.5x, which lowers the price.
Share count change0 ptsShare count was little changed. More shares would count against the price.
-8%share price, 5 yearsLower P/E held it back

Earnings helped, the multiple did not.

  • Per-share earnings added 10 points, but investors now pay less per rupee of profit (P/E 54.8x to 45.5x), which took 18 points back.
  • The share count barely moved.
Net profit growth: +10 pts. Points of the price return explained by net profit growing (or shrinking).+10 ptsNet profit growthP/E change: −18 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−18 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: −8%−8%Share priceNet profit growth: +10 pts. Points of the price return explained by net profit growing (or shrinking).+10ProfitP/E change: −18 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−18P/EShare count change: 0 pts. Points of the price return explained by the share count changing. More shares count against the price.0SharesShare price: −8%−8%Share price
Net profit growth+10 ptsNet profit rose about 11%, which lifts the price.
P/E change-18 ptsThe P/E fell from 54.8x to 45.5x, 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-46.7%recovered 2021-05
1-year volatility26.5%annualised
Beta vs sector index1.083-year daily, correlation 0.55
Volume spikes4last 90 sessions, 5x the 50-day median

Drawdown from peak

0%−20%−40%2020202120222023202420252026−46.1% 0%−20%−40%2020202220242026−46.1%
Largest drawdowns

-46.7% (2019-01 peak to 2020-03 low, recovered 2021-05)

-46.1% (2024-07 peak to 2026-10 low, not yet recovered)

-41.0% (2021-09 peak to 2022-03 low, recovered 2023-12)

Most recent volume spikes

2026-10-30: 8.7x the 50-day median, price -2.3% that day

2026-09-03: 10.2x the 50-day median, price -2.8% that day

2026-08-13: 10.1x the 50-day median, price +3.0% 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?

45.5xP/E todayWithin its usual range
Against its own history29th percentile
CheapestMedian 51.7xDearest

Usual range 29.9x to 68.3x since 2019-01.

Against Consumer Non-Durables45.5x vs 26.8x
This company
45.5x
Sector median
26.8x

70% above the Consumer Non-Durables median.

14.2x34.9x55.6x76.3xJan '19Aug '20Mar '22Oct '23May '25Nov '2614.2x34.9x55.6x76.3xJan '19Sep '21May '24Nov '26
P/E (this company)10th to 90th percentile of its own historyIts medianConsumer Non-Durables median

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P/B (this company)10th to 90th percentile of its own historyIts medianConsumer Non-Durables median

The chart loads when you open this tab.

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

  • ROCE70th▼ 3 pts vs a year ago
  • Op. margin77thflat vs a year ago
  • Revenue growth55th▲ 18 pts vs a year ago
  • EPS growth41st
  • Debt/equity ↓47thflat vs a year ago
  • Cash cycle ↓87thflat vs a year ago
  • P/E ↓29th▲ 7 pts vs a year ago
  • 12M momentum32nd▼ 25 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 Consumer Non-Durables sector page Watch it move against Consumer Non-Durables in the Observatory

What is the price implying?

~30%annual earnings growth implied by the priceAbove delivered growth

At normalised P/E (five-year average earnings) of 65.6x, a holder earning 12%/yr needs earnings to grow about 29.8%/yr for 10 years, then trade at 15x.

Delivered−7.1%/yrEPS, last 10 fiscal years · 3-yr avg to 3-yr avg
Gap+36.9 ptsimplied minus delivered
Rank29thmost demanding of 856

Over time

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

-7%14%35% Jan 2019Nov 2026 -7%14%35% Jan 2019Nov 2026

Change the assumptions

Exit P/E / return11%12%13%
12x31.5%32.7%33.9%
15x28.6%29.8%31.0%
20x25.0%26.1%27.2%

Drag a slider to test other assumptions

Implied: 29.8%/yr

Looking back

  • Jan 2020Price implied 24%/yr; EPS has since grown −3%/yr (7.0 yrs)
  • Jan 2021Price implied 24%/yr; EPS has since grown 4%/yr (6.0 yrs)
  • Jan 2022Price implied 25%/yr; EPS has since grown 2%/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 Consumer Non-Durables The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov
₹850.65
P/E
45.5x
ROCE
19.0%
Market Cap
₹87061 cr
Revenue (TTM)
₹15831 cr
P/S
5.5x
P/B
6.9x
ROE
15.1%
Operating Margin
19.0%
Debt / Equity
0.3x
Promoter Holding
53.1%
12M Momentum
-25.8%

52-week range

₹777.20₹1273.90
15% of the way from its 52-week low to its high

Price risk

1Y volatility
26.5%
Beta vs sector
1-year daily
0.89

Balance sheet & cash

Interest cover
operating profit ÷ interest
9.0x
Cash from profit, 3Y
operating cash flow ÷ net profit
2.26x
Share count, 1Y
unchanged

Are profits backed by cash?

7 of 7checks within rangeAll clear
Other income reliance0%Within range

Other income as a share of pre-tax profit (trailing twelve months): 0.4%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate29%Within range

Median quarterly effective tax rate over about 2.5 years: 29.0%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion2.26xWithin range

Operating cash flow divided by net profit over the last three fiscal years: 2.26x (cash from operations ₹7,135 cr, net profit ₹3,152 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+4 daysWithin range

Debtor days are above the median of the previous three fiscal years by 4 days (44 vs 40). 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+17 days / 2 yrsWithin range

Days payable changed by +17 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, DIIs added 11.9 pts; FIIs trimmed 11.2 pts; promoters trimmed 10.1 pts.
  • The number of shareholders rose from 2.0 lakh to 2.1 lakh (+7%) between Sep 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupSep '23Jun '26Change
Promoters63.2%53.1%-10.1 pts
FIIs23.5%12.3%-11.2 pts
DIIs7.7%19.6%+11.9 pts
Public and others5.6%15.0%+9.4 pts

Number of shareholders

2.1 lakhshareholders+7% since Sep '23
1.9L2.0L2.2L2.4L Sep '23Jun '24Mar '25Dec '25Jun '26
Sep '23: 2.0 lakh
Dec '23: 1.9 lakh
Mar '24: 1.9 lakh
Jun '24: 1.9 lakh
Sep '24: 1.9 lakh
Dec '24: 2.3 lakh
Mar '25: 2.4 lakh
Jun '25: 2.3 lakh
Sep '25: 2.3 lakh
Dec '25: 2.2 lakh
Mar '26: 2.1 lakh
Jun '26: 2.1 lakh
 1.9L2.0L2.2L2.4L Sep '23Sep '24Sep '25Jun '26
Sep '23: 2.0 lakh
Dec '23: 1.9 lakh
Mar '24: 1.9 lakh
Jun '24: 1.9 lakh
Sep '24: 1.9 lakh
Dec '24: 2.3 lakh
Mar '25: 2.4 lakh
Jun '25: 2.3 lakh
Sep '25: 2.3 lakh
Dec '25: 2.2 lakh
Mar '26: 2.1 lakh
Jun '26: 2.1 lakh

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

−5.4%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 GODREJ CONSUMER PRODUCTS 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 −22% to +14% vs the market, against −4% for all non-financial companies in the same months.
  • The gap against the base rate (−1.4%, 80% range −10.4% to +5.6%) is within what chance and overlapping periods produce.

Where the 50 outcomes landed

−60%−40%−20%0%+20%+40%+60%+80%
LUPIN · Jun 2021: −46.9% vs market
ZYDUSLIFE · Jul 2021: −45.0% vs market
LAURUSLABS · Jul 2022: −41.3% vs market
RAMCOCEM · Jun 2021: −37.9% vs market
MRF · Feb 2021: −35.2% vs market
CARBORUNIV · Aug 2024: −35.2% vs market
KANSAINER · May 2021: −35.2% vs market
SFL · Jan 2023: −31.0% vs market
SRF · Jun 2023: −27.4% vs market
CROMPTON · Dec 2022: −27.2% vs market
KAJARIACER · Dec 2023: −24.3% vs market
DEEPAKNTR · Jun 2025: −22.3% vs market
BLUEDART · Jul 2024: −22.1% vs market
RELAXO · Apr 2022: −21.0% vs market
BATAINDIA · Sep 2020: −17.6% vs market
SYMPHONY · Nov 2022: −16.3% vs market
AARTIIND · May 2021: −16.1% vs market
GARFIBRES · Jun 2023: −15.5% vs market
CONCOR · Jul 2025: −13.7% vs market
ELGIEQUIP · Jul 2024: −12.9% vs market
JYOTHYLAB · Jul 2020: −11.8% vs market
BERGEPAINT · Jan 2023: −11.2% vs market
BALKRISIND · Sep 2025: −8.3% vs market
SYNGENE · Jan 2024: −8.0% vs market
DABUR · Dec 2024: −5.9% vs market
VOLTAS · Jun 2021: −4.9% vs market
MEDANTA · Jan 2025: −4.4% vs market
HAVELLS · Dec 2022: −2.1% vs market
SUNDRMFAST · Jul 2021: +1.0% vs market
TATATECH · Jul 2025: +1.0% vs market
SHREECEM · Jul 2022: +2.5% vs market
ASTRAL · Aug 2025: +3.9% vs market
VBL · May 2025: +8.5% vs market
CENTURYPLY · Jul 2024: +9.8% vs market
UNITDSPR · Jan 2021: +10.1% vs market
UBL · Oct 2020: +12.2% vs market
ASIANPAINT · Jun 2025: +12.4% vs market
LALPATHLAB · Apr 2024: +14.9% vs market
APOLLOHOSP · Apr 2024: +15.4% vs market
ALKEM · Sep 2023: +15.6% vs market
TATACONSUM · Nov 2024: +17.7% vs market
ULTRACEMCO · Jun 2022: +23.2% vs market
BAJAJ-AUTO · Sep 2025: +24.6% vs market
METROPOLIS · Jun 2025: +26.4% vs market
TORNTPHARM · Aug 2023: +28.4% vs market
CIPLA · Feb 2020: +43.8% vs market
EMAMILTD · Jul 2020: +48.7% vs market
KIMS · Jun 2024: +58.3% vs market
IPCALAB · Oct 2025: +60.3% vs market
SOLARINDS · Dec 2020: +64.0% vs market
Similar setups −5.4%All companies −4.0%← 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

Similar setups' median
−5.4%
All companies' median
−4.0%
Beat the market
44% vs 46%

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

The closest matches

CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
BERGEPAINT
Process Industries		 Jan 2023 64x26% −24%−26% −11%
UNITDSPR
Consumer Non-Durables		 Jan 2021 64x21% −7%−21% +10%
SRF
Process Industries		 Jun 2023 31x22% +2%−19% −27%
DABUR
Consumer Non-Durables		 Dec 2024 50x22% −9%−24% −6%
SOLARINDS
Process Industries		 Dec 2020 37x19% +3%−16% +64%
Show the other 3 matches
CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
CROMPTON
Producer Manufacturing		 Dec 2022 37x21% −23%−25% −27%
SHREECEM
Non-Energy Minerals		 Jul 2022 32x17% −28%−34% +3%
SFL
Process Industries		 Jan 2023 55x18% −25%−38% −31%
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, P/S and P/E. 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 GODREJ CONSUMER PRODUCTS 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.

ASIAN PAINTS INDIAASIANPAINT
Process Industries
79%similar
promoter holdingvolatility
SRFSRF
Process Industries
77%similar
revenuemarket cap
SUNDRAM FASTENERSSUNDRMFAST
Producer Manufacturing
75%similar
volatilityrevenue growth
TATA TECHNOLOGIESTATATECH
Technology Services
73%similar
P/Epromoter holding
GRANULES INDIAGRANULES
Health Technology
68%similar
debt/equityvolatility
BRITANNIA INDUSTRIESBRITANNIA
Consumer Non-Durables
75%similar
EPS growthrevenue growth
DABUR INDIADABUR
Consumer Non-Durables
68%similar
revenue growthrevenue
PAGE INDUSTRIESPAGEIND
Consumer Non-Durables
66%similar
volatilityoperating margin

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

What changed?

30 events since Mar '22

  1. OctPriceFell 46% from the Jul 2024 peak to the Oct 2026 low.
  2. OctPriceVolume reached 8.7x its 50-day median on 2026-10-30; price -2.3% that day.
  3. AugPriceVolume reached 33.5x its 50-day median on 2026-08-12; price -11.2% that day.
  4. JunResultsYear-on-year EPS growth turned positive.
  5. JunPeer rankMoved into the 3rd quartile of Consumer Non-Durables on EPS growth (from the bottom quartile).
  6. MarPriceVolume reached 7.0x its 50-day median on 2026-03-12; price -3.6% that day.
  7. DecValuationP/E crossed above the 90th percentile of its own history to date (68.6x).
  8. JulValuationP/E crossed above the 90th percentile of its own history to date (69.5x).
Show 22 earlier events
  1. JulPriceVolume reached 8.7x its 50-day median on 2025-07-07; price +6.3% that day.
  2. JunResultsEPS (TTM) turned positive.
  3. JunDividendStarted paying a dividend (payout 138% of profit).
  4. MarPromoterPromoter holding fell 10.0 pts to 53.0%.
  5. MarResultsRevenue (TTM) reached a new high of ₹14,152 cr.
  6. JanPriceVolume reached 6.6x its 50-day median on 2025-01-03; price +2.1% that day.
  7. DecPriceVolume reached 12.0x its 50-day median on 2024-12-09; price -8.7% that day.
  8. SepPriceVolume reached 5.2x its 50-day median on 2024-09-27; price -2.4% that day.
  9. JunResultsEPS (TTM) turned negative.
  10. JunPeer rankSlipped to the bottom quartile of Consumer Non-Durables on EPS growth (from the 3rd quartile).
  11. MayPriceVolume reached 9.4x its 50-day median on 2024-05-07; price +5.8% that day.
  12. FebPriceVolume reached 6.9x its 50-day median on 2024-02-01; price +7.8% that day.
  13. DecPriceRegained the 2021-09 peak, 21 months after the low.
  14. NovValuationP/E crossed above the 90th percentile of its own history to date (60.6x).
  15. JunResultsYear-on-year EPS growth turned negative.
  16. MayValuationP/E crossed above the 90th percentile of its own history to date (60.7x).
  17. AprPriceVolume reached 6.3x its 50-day median on 2023-04-28; price -4.8% that day.
  18. OctPriceVolume reached 5.8x its 50-day median on 2022-10-06; price -4.8% that day.
  19. AugPriceVolume reached 8.8x its 50-day median on 2022-08-16; price +2.9% that day.
  20. JunResultsRevenue (TTM) reached a new high of ₹12,276 cr.
  21. JunPeer rankSlipped to the 3rd quartile of Consumer Non-Durables on EPS growth (from the 2nd quartile).
  22. MarPriceFell 41% from the Sep 2021 peak to the Mar 2022 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 history60 months · 2021-12 to 2026-11
MonthP/ERevenue (TTM)ROEROCEDebt / Equity
2026-1145.5x₹15831 cr15.1%19.0%0.3x
2026-1043.7x₹15831 cr15.1%19.0%0.3x
2026-0945.4x₹15831 cr15.1%19.0%0.3x
2026-0849.5x₹15268 cr14.7%19.0%0.3x
2026-0758.8x₹15268 cr14.7%19.0%0.3x
2026-0655.5x₹15268 cr14.7%19.0%0.3x
2026-0557.8x₹14882 cr15.2%19.0%0.3x
2026-0459.9x₹14882 cr15.2%19.0%0.3x
2026-0355.3x₹14882 cr15.2%19.0%0.3x
2026-0268.4x₹14652 cr15.2%19.0%0.3x
2026-0164.8x₹14652 cr15.2%19.0%0.3x
2025-1268.6x₹14652 cr15.2%19.0%0.3x
2025-1163.2x₹14610 cr15.4%19.0%0.3x
2025-1061.7x₹14610 cr15.4%19.0%0.3x
2025-0964.4x₹14610 cr15.4%19.0%0.3x
2025-0868.6x₹14280 cr15.4%19.0%0.3x
2025-0769.5x₹14280 cr15.4%19.0%0.3x
2025-0665.1x₹14280 cr15.4%19.0%0.3x
2025-05—₹14152 cr-3.6%19.0%0.3x
2025-04—₹14152 cr-3.6%19.0%0.3x
2025-03—₹14152 cr-3.6%19.0%0.3x
2025-02—₹14044 cr-2.9%19.0%0.3x
2025-01—₹14044 cr-2.9%19.0%0.3x
2024-12—₹14044 cr-2.9%19.0%0.3x
2024-11—₹13980 cr-3.4%19.0%0.3x
2024-10—₹13980 cr-3.4%19.0%0.3x
2024-09—₹13980 cr-3.4%19.0%0.3x
2024-08—₹14096 cr-4.5%19.0%0.3x
2024-07—₹14096 cr-4.5%19.0%0.3x
2024-06—₹14096 cr-4.5%19.0%0.3x
2024-0576.3x₹13316 cr12.3%17.0%0.1x
2024-0473.2x₹13316 cr12.3%17.0%0.1x
2024-0375.2x₹13316 cr12.3%17.0%0.1x
2024-0275.5x₹13316 cr12.3%17.0%0.1x
2024-0169.9x₹13316 cr12.3%17.0%0.1x
2023-1267.9x₹13316 cr12.3%17.0%0.1x
2023-1160.6x₹13316 cr12.3%17.0%0.1x
2023-1059.6x₹13316 cr12.3%17.0%0.1x
2023-0959.6x₹13316 cr12.3%17.0%0.1x
2023-0860.4x₹13316 cr12.3%17.0%0.1x
2023-0762.2x₹13316 cr12.3%17.0%0.1x
2023-0664.9x₹13316 cr12.3%17.0%0.1x
2023-0560.7x₹12276 cr15.4%19.0%0.1x
2023-0452.0x₹12276 cr15.4%19.0%0.1x
2023-0355.5x₹12276 cr15.4%19.0%0.1x
2023-0252.9x₹12276 cr15.4%19.0%0.1x
2023-0152.4x₹12276 cr15.4%19.0%0.1x
2022-1250.1x₹12276 cr15.4%19.0%0.1x
2022-1150.5x₹12276 cr15.4%19.0%0.1x
2022-1047.6x₹12276 cr15.4%19.0%0.1x
2022-0952.2x₹12276 cr15.4%19.0%0.1x
2022-0853.0x₹12276 cr15.4%19.0%0.1x
2022-0749.0x₹12276 cr15.4%19.0%0.1x
2022-0643.4x₹12276 cr15.4%19.0%0.1x
2022-0545.6x₹11029 cr18.2%20.0%0.2x
2022-0446.5x₹11029 cr18.2%20.0%0.2x
2022-0344.4x₹11029 cr18.2%20.0%0.2x
2022-0245.6x₹11029 cr18.2%20.0%0.2x
2022-0152.8x₹11029 cr18.2%20.0%0.2x
2021-1257.5x₹11029 cr18.2%20.0%0.2x

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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