GODREJ INDUSTRIES LIMITED (GODREJIND): Financials & Fundamentals History

Share price

Closing priceAdjusted for splits and bonus issues.

3M1Y3YAll

₹951.95 latest close · −21.3% over the last 90 sessions

₹951.95 month-end · −9.5% over 12 months

₹951.95 month-end · +46.9% over 3 years

₹951.95 month-end · +89.1% since Jan '19

52-week range ₹744.20 to ₹1443.00 · 1-year volatility 40.9%

Was the rally earned?

-10%share price, 1 yearLower P/E held it back

Earnings helped, the multiple did not.

Per-share earnings added 15 points, but investors now pay less per rupee of profit (P/E 35.1x to 27.3x), which took 24 points back.
The share count fell 2%.

Net profit growth+12 ptsNet profit rose about 14%, which lifts the price.

P/E change-24 ptsThe P/E fell from 35.1x to 27.3x, which lowers the price.

Share count change+2 ptsShare count fell 2%, which lifts the price.

What do "pts" mean?

"pts" are percentage points of the share price return. The parts add up to the total shown for each period. Because price = P/E × net profit ÷ share count, higher profit pushes the price up, a higher P/E pushes it up, and more shares push it down.

Example: if the price rose 34% and profit growth accounts for +58 pts while a lower P/E accounts for -24 pts, then 58 - 24 = 34. The +58 is not the profit growth rate itself: it is the part of the price move that profit growth explains.

Not shown for 3 years and 5 years: earnings were negative at one end, or there is not enough history.

Net profit is trailing twelve months as reported with a 60-day lag.

Compare this with PATANJALI FOODS

How rough has the ride been?

Maximum drawdown-56.7%recovered 2021-03

1-year volatility40.9%annualised

Beta vs sector index0.803-year daily, correlation 0.34

Volume spikes4last 90 sessions, 5x the 50-day median

Drawdown from peak

Largest drawdowns

-56.7% (2019-01 peak to 2020-05 low, recovered 2021-03)

-44.9% (2025-06 peak to 2026-03 low, recovered 2026-07)

-38.4% (2022-01 peak to 2023-03 low, recovered 2023-10)

Most recent volume spikes

2026-11-03: 8.1x the 50-day median, price +2.3% that day

2026-10-15: 19.1x the 50-day median, price +2.6% that day

2026-09-16: 5.6x the 50-day median, price +2.9% 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?

27.3xP/E todayWithin its usual range

Against its own history46th percentile

CheapestMedian 30.8xDearest

Usual range 21.6x to 77.1x since 2019-01.

Against Process Industries27.3x vs 18.1x

This company

27.3x

Sector median

18.1x

51% above the Process Industries median.

P/EP/BP/S

P/E (this company)10th to 90th percentile of its own historyIts medianProcess Industries median

The chart loads when you open this tab.

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

The chart loads when you open this tab.

P/S (this company)10th to 90th percentile of its own historyIts medianProcess Industries 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 Process Industries is valued

Where does it rank among Process Industries peers?

Each cell is the company's percentile rank among its Process Industries peers (non-financial companies) that month.
Darker is better-ranked.
Rows marked ↓ are inverted (lower debt, shorter cash cycle and a lower P/E rank higher).

Where it ranks today

ROCE37th▲ 3 pts vs a year ago
Op. margin48th▲ 4 pts vs a year ago
Revenue growth71st▼ 8 pts vs a year ago
EPS growth59th▼ 39 pts vs a year ago
Debt/equity ↓1stflat vs a year ago
Cash cycle ↓85th▲ 85 pts vs a year ago
P/E ↓31st▲ 3 pts vs a year ago
12M momentum50th▼ 27 pts vs a year ago

Rank history

ROCE

Op. margin

Revenue growth

EPS growth

Debt/equity ↓

Cash cycle ↓

P/E ↓

12M momentum

Dec '21Jul '22Jan '23Jul '23Jan '24Jul '24Jan '25Jul '25Jan '26Jul '26Nov '26

Lower rank Higher rank Not enough data

Percentiles use today's listed companies in the sector and need at least 5 peers with a value; grey cells have too few.
ROE is computed from net profit and book value where the source does not report it.

The Process Industries sector page Watch it move against Process Industries in the Observatory

What is the price implying?

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

At normalised P/E (five-year average earnings) of 41.4x, a holder earning 12%/yr needs earnings to grow about 24.0%/yr for 10 years, then trade at 15x.

Delivered15.2%/yrEPS, last 10 fiscal years · 3-yr avg to 3-yr avg

Gap+8.8 ptsimplied minus delivered

Rank353rdmost demanding of 856

Over time

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

Change the assumptions

Exit P/E / return	11%	12%	13%
12x	25.6%	26.8%	27.9%
15x	22.9%	24.0%	25.1%
20x	19.4%	20.5%	21.5%

Drag a slider to test other assumptions

Required return 12.0% Years 10 Exit P/E 15x Implied: 24.0%/yr

Looking back

Jan 2020Price implied 22%/yr; EPS has since grown 16%/yr (7.0 yrs)
Jan 2021Price implied 22%/yr; EPS has since grown 20%/yr (6.0 yrs)
Jan 2022Price implied 23%/yr; EPS has since grown 44%/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 Process Industries The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov: ₹951.95
P/E: 27.3x
ROCE: 8.0%
Market Cap: ₹32063 cr
Revenue (TTM): ₹23225 cr
P/S: 1.4x
P/B: 2.9x
ROE: 10.5%
Operating Margin: 11.0%
Debt / Equity: 4.6x
Promoter Holding: 74.6%
12M Momentum: -9.5%

52-week range

₹744.20₹1443.00

30% of the way from its 52-week low to its high

Price risk

1Y volatility

40.9%

Beta vs sector

1-year daily

1.13

Balance sheet & cash

Interest cover

operating profit ÷ interest

2.2x

Cash from profit, 3Y

operating cash flow ÷ net profit

-2.00x

low

Share count, 1Y

unchanged

Are profits backed by cash?

3 of 6checks within range3 beyond a threshold

Other income reliance124%Beyond threshold

Other income as a share of pre-tax profit (trailing twelve months): 124.2%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate28%Within range

Median quarterly effective tax rate over about 2.5 years: 28.0%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion-3.76xBeyond threshold

Operating cash flow divided by net profit over the last three fiscal years: -3.76x (cash from operations ₹-18,290 cr, net profit ₹4,865 cr). Bands: 0.8x and above, 0.5x to 0.8x, below 0.5x.

Free cash flow0 of 5 yrsBeyond threshold

Fiscal years with positive free cash flow in the last 5: 0. Bands: at least 80% of years, 40% to 80%, below 40%.

Receivable days vs history+3 daysWithin range

Debtor days are above the median of the previous three fiscal years by 3 days (33 vs 30). 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, promoters added 7.5 pts; FIIs trimmed 5.8 pts; DIIs added 1.1 pts.
The number of shareholders fell from 91,441 to 84,502 (-8%) between Sep 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupSep '23Jun '26Change

Promoters67.2%74.6%+7.5 pts

FIIs10.4%4.6%-5.8 pts

DIIs2.3%3.5%+1.1 pts

Public and others20.1%17.3%-2.8 pts

Number of shareholders

84,502shareholders-8% since Sep '23

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

+16.4%typical 12-month return vs the marketAbove the base rate

We found 50 past situations where a non-financial company looked like GODREJ 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 −11% to +51% vs the market, against −5% for all non-financial companies in the same months.
The analogs' median sat above that base rate (gap +21.2%, 80% range +5.6% to +29.2%), but the matches cluster in only 6 distinct 12-month windows.

Where the 50 outcomes landed

Each dot is one past situation (hover or tap for details) · Solid dots are the closest matches, listed below · Shaded is the middle half of all companies in the same months · 6 beyond the range shown, drawn at the edge

Similar setups' median

+16.4%

All companies' median

−4.8%

Beat the market

62% vs 45%

50 past situations · 50 companies · 35 months · 2020–2025

The closest matches

Company	When	P/E	ROCE	12M mom.	Drawdown	Next 12 months
NETWORK18 Consumer Services	Nov 2020	—	7%	+17%	−28%	+49%
TATAPOWER Utilities	Dec 2022	38x	9%	−6%	−28%	+26%
PCBL Process Industries	Oct 2025	33x	12%	−12%	−26%	−19%
DBL Industrial Services	Oct 2021	31x	13%	+84%	−17%	−66%
MHRIL Consumer Services	Jan 2024	71x	10%	+58%	−13%	−23%

Show the other 3 matches

Company	When	P/E	ROCE	12M mom.	Drawdown	Next 12 months
TVSMOTOR Consumer Durables	Dec 2021	50x	11%	+29%	−17%	+67%
SUZLON Producer Manufacturing	Nov 2021	63x	10%	+100%	−25%	+34%
KIRLOSENG Producer Manufacturing	Jul 2025	27x	14%	−27%	−34%	+130%

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, interest cover and drawdown from 12-month high. 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 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

Feature	Weight	Non-financial	Financial
P/E	1	yes	yes
P/S	1	yes	—
P/B	1	—	yes
ROCE	1	yes	—
operating margin	1	yes	—
ROE	1	—	yes
debt/equity	0.75	yes	—
interest cover	0.5	yes	—
revenue growth	0.75	yes	yes
12-month momentum	1	yes	yes
drawdown from 12-month high	0.75	yes	yes
size	0.75	yes	yes
volatility	0.5	yes	yes

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.

ELECTRONICS MART INDIAEMIL

Retail Trade

58%similar

ROCEP/E

JBM AUTOJBMA

Producer Manufacturing

53%similar

operating marginvolatility

MINDA CORPORATIONMINDACORP

Producer Manufacturing

52%similar

operating marginmarket cap

IRCON INTERNATIONALIRCON

Industrial Services

50%similar

ROCEoperating margin

PRISM JOHNSONPRSMJOHNSN

Non-Energy Minerals

50%similar

promoter holdingoperating margin

SANGAM (INDIA)SANGAMIND

Process Industries

51%similar

operating marginROCE

SHEELA FOAMSFL

Process Industries

49%similar

operating marginrevenue growth

TRIDENTTRIDENT

Process Industries

47%similar

promoter holdingP/E

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

What changed?

30 events since Jun '24

2026
OctPriceFell 36% from the Jul 2026 peak to the Oct 2026 low.
OctPriceVolume reached 19.1x its 50-day median on 2026-10-15; price +2.6% that day.
SepPeer rankSlipped to the 3rd quartile of Process Industries on operating margin (from the 2nd quartile).
JulPriceRegained the 2025-06 peak, 4 months after the low.
JulPriceVolume reached 18.8x its 50-day median on 2026-07-10; price +16.3% that day.
JunPeer rankSlipped to the 2nd quartile of Process Industries on EPS growth (from the top quartile).
AprPriceVolume reached 94.3x its 50-day median on 2026-04-01; price +11.1% that day.
MarPromoterPromoter holding rose 3.3 pts to 74.6% (largest rise since 2025-06).

Show 22 earlier events

2026
MarPriceFell 45% from the Jun 2025 peak to the Mar 2026 low.
MarPeer rankMoved into the 2nd quartile of Process Industries on operating margin (from the bottom quartile).
FebPriceVolume reached 20.3x its 50-day median on 2026-02-19; price +4.2% that day.
2025
DecPeer rankSlipped to the bottom quartile of Process Industries on operating margin (from the 3rd quartile).
DecPriceVolume reached 10.0x its 50-day median on 2025-12-04; price -3.5% that day.
SepPeer rankSlipped to the 3rd quartile of Process Industries on operating margin (from the 2nd quartile).
SepPriceVolume reached 14.5x its 50-day median on 2025-09-19; price -3.4% that day.
JunPromoterPromoter holding rose 3.9 pts to 69.7%.
JunResultsYear-on-year EPS growth turned positive.
JunPriceRegained the 2024-09 peak, 4 months after the low.
JunInstitutionsFII + DII holding fell 3.7 pts over 2 quarters to 9.5%.
JunPeer rankMoved into the top quartile of Process Industries on EPS growth (from the 3rd quartile).
JunPriceVolume reached 40.5x its 50-day median on 2025-06-06; price +14.2% that day.
MarPeer rankMoved into the 3rd quartile of Process Industries on EPS growth (from the bottom quartile).
FebPriceFell 35% from the Sep 2024 peak to the Feb 2025 low.
FebPriceVolume reached 230.5x its 50-day median on 2025-02-21; price +11.8% that day.
2024
DecResultsRevenue (TTM) reached a new high of ₹17,210 cr.
DecPeer rankMoved into the 2nd quartile of Process Industries on operating margin (from the 3rd quartile).
NovPriceVolume reached 8.4x its 50-day median on 2024-11-18; price +9.9% that day.
SepPeer rankMoved into the 3rd quartile of Process Industries on operating margin (from the bottom quartile).
SepPriceVolume reached 14.7x its 50-day median on 2024-09-06; price +0.0% that day.
JunResultsYear-on-year EPS growth turned negative.

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

Month	P/E	Revenue (TTM)	ROE	ROCE	Debt / Equity
2026-11	27.3x	₹23225 cr	10.5%	8.0%	4.6x
2026-10	25.9x	₹23225 cr	10.5%	8.0%	4.6x
2026-09	29.8x	₹23225 cr	10.5%	8.0%	4.6x
2026-08	30.8x	₹22237 cr	11.5%	8.0%	4.6x
2026-07	35.8x	₹22237 cr	11.5%	8.0%	4.6x
2026-06	31.9x	₹22237 cr	11.5%	8.0%	4.6x
2026-05	38.1x	₹20323 cr	10.4%	8.0%	3.8x
2026-04	33.0x	₹20323 cr	10.4%	8.0%	3.8x
2026-03	25.8x	₹20323 cr	10.4%	8.0%	3.8x
2026-02	34.7x	₹20097 cr	10.2%	8.0%	3.8x
2026-01	34.1x	₹20097 cr	10.2%	8.0%	3.8x
2025-12	35.0x	₹20097 cr	10.2%	8.0%	3.8x
2025-11	35.1x	₹19870 cr	10.2%	8.0%	3.8x
2025-10	36.9x	₹19870 cr	10.2%	8.0%	3.8x
2025-09	40.1x	₹19870 cr	10.2%	8.0%	3.8x
2025-08	42.2x	₹19658 cr	9.7%	8.0%	3.8x
2025-07	39.4x	₹19658 cr	9.7%	8.0%	3.8x
2025-06	42.8x	₹19658 cr	9.7%	8.0%	3.8x
2025-05	82.0x	₹18445 cr	9.4%	6.0%	3.6x
2025-04	75.0x	₹18445 cr	9.4%	6.0%	3.6x
2025-03	78.5x	₹18445 cr	9.4%	6.0%	3.6x
2025-02	91.3x	₹17210 cr	8.4%	6.0%	3.6x
2025-01	74.1x	₹17210 cr	8.4%	6.0%	3.6x
2024-12	97.0x	₹17210 cr	8.4%	6.0%	3.6x
2024-11	177.3x	₹16343 cr	6.3%	6.0%	3.6x
2024-10	171.1x	₹16343 cr	6.3%	6.0%	3.6x
2024-09	203.5x	₹16343 cr	6.3%	6.0%	3.6x
2024-08	569.5x	₹16601 cr	4.0%	6.0%	3.6x
2024-07	509.4x	₹16601 cr	4.0%	6.0%	3.6x
2024-06	480.8x	₹16601 cr	4.0%	6.0%	3.6x
2024-05	27.2x	₹16740 cr	9.5%	8.0%	2.5x
2024-04	33.2x	₹16740 cr	9.5%	8.0%	2.5x
2024-03	27.0x	₹16740 cr	9.5%	8.0%	2.5x
2024-02	27.7x	₹16740 cr	9.5%	8.0%	2.5x
2024-01	31.1x	₹16740 cr	9.5%	8.0%	2.5x
2023-12	25.7x	₹16740 cr	9.5%	8.0%	2.5x
2023-11	22.4x	₹16740 cr	9.5%	8.0%	2.5x
2023-10	21.7x	₹16740 cr	9.5%	8.0%	2.5x
2023-09	19.7x	₹16740 cr	9.5%	8.0%	2.5x
2023-08	18.6x	₹16740 cr	9.5%	8.0%	2.5x
2023-07	16.5x	₹16740 cr	9.5%	8.0%	2.5x
2023-06	17.9x	₹16740 cr	9.5%	8.0%	2.5x
2023-05	24.7x	₹14130 cr	7.4%	8.0%	2.0x
2023-04	23.2x	₹14130 cr	7.4%	8.0%	2.0x
2023-03	20.8x	₹14130 cr	7.4%	8.0%	2.0x
2023-02	21.6x	₹14130 cr	7.4%	8.0%	2.0x
2023-01	22.1x	₹14130 cr	7.4%	8.0%	2.0x
2022-12	22.1x	₹14130 cr	7.4%	8.0%	2.0x
2022-11	23.8x	₹14130 cr	7.4%	8.0%	2.0x
2022-10	22.1x	₹14130 cr	7.4%	8.0%	2.0x
2022-09	22.6x	₹14130 cr	7.4%	8.0%	2.0x
2022-08	24.7x	₹14130 cr	7.4%	8.0%	2.0x
2022-07	22.9x	₹14130 cr	7.4%	8.0%	2.0x
2022-06	22.3x	₹14130 cr	7.4%	8.0%	2.0x
2022-05	48.1x	₹9334 cr	2.8%	5.0%	1.3x
2022-04	49.5x	₹9334 cr	2.8%	5.0%	1.3x
2022-03	46.7x	₹9334 cr	2.8%	5.0%	1.3x
2022-02	52.2x	₹9334 cr	2.8%	5.0%	1.3x
2022-01	61.6x	₹9334 cr	2.8%	5.0%	1.3x
2021-12	63.2x	₹9334 cr	2.8%	5.0%	1.3x
2021-11	57.3x	₹9334 cr	2.8%	5.0%	1.3x
2021-10	58.4x	₹9334 cr	2.8%	5.0%	1.3x
2021-09	58.3x	₹9334 cr	2.8%	5.0%	1.3x
2021-08	56.2x	₹9334 cr	2.8%	5.0%	1.3x
2021-07	54.9x	₹9334 cr	2.8%	5.0%	1.3x
2021-06	57.5x	₹9334 cr	2.8%	5.0%	1.3x
2021-05	31.8x	₹11291 cr	7.5%	10.0%	1.3x
2021-04	31.0x	₹11291 cr	7.5%	10.0%	1.3x
2021-03	33.2x	₹11291 cr	7.5%	10.0%	1.3x
2021-02	27.1x	₹11291 cr	7.5%	10.0%	1.3x
2021-01	26.6x	₹11291 cr	7.5%	10.0%	1.3x
2020-12	25.7x	₹11291 cr	7.5%	10.0%	1.3x
2020-11	24.6x	₹11291 cr	7.5%	10.0%	1.3x
2020-10	22.2x	₹11291 cr	7.5%	10.0%	1.3x
2020-09	25.0x	₹11291 cr	7.5%	10.0%	1.3x
2020-08	26.7x	₹11291 cr	7.5%	10.0%	1.3x
2020-07	21.5x	₹11291 cr	7.5%	10.0%	1.3x
2020-06	25.4x	₹11291 cr	7.5%	10.0%	1.3x
2020-05	18.2x	₹10848 cr	10.6%	11.0%	1.6x
2020-04	15.1x	₹10848 cr	10.6%	11.0%	1.6x
2020-03	16.2x	₹10848 cr	10.6%	11.0%	1.6x
2020-02	22.4x	₹10848 cr	10.6%	11.0%	1.6x
2020-01	23.6x	₹10848 cr	10.6%	11.0%	1.6x
2019-12	24.2x	₹10848 cr	10.6%	11.0%	1.6x
2019-11	24.9x	₹10848 cr	10.6%	11.0%	1.6x
2019-10	23.8x	₹10848 cr	10.6%	11.0%	1.6x
2019-09	23.3x	₹10848 cr	10.6%	11.0%	1.6x
2019-08	24.0x	₹10848 cr	10.6%	11.0%	1.6x
2019-07	26.4x	₹10848 cr	10.6%	11.0%	1.6x
2019-06	27.6x	₹10848 cr	10.6%	11.0%	1.6x
2019-05	48.9x	₹9076 cr	7.7%	7.0%	2.1x
2019-04	51.2x	₹9076 cr	7.7%	7.0%	2.1x
2019-03	53.4x	₹9076 cr	7.7%	7.0%	2.1x
2019-02	49.1x	₹9076 cr	7.7%	7.0%	2.1x
2019-01	50.1x	₹9076 cr	7.7%	7.0%	2.1x

Methodology and data notes