अApnaFunda

GRP LIMITED (GRPLTD)

Producer Manufacturing · Miscellaneous Manufacturing · 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.21 / 100
Profitability 30Growth 24Balance sheet 9
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.43 / 100
Price 65Earnings 28FII/DII 37

Share price

Closing priceAdjusted for splits and bonus issues.

₹1,970.8 latest close · +7.2% over the last 90 sessions

₹1,800₹2,000Jul 3Jul 29Aug 24Sep 17Oct 14Nov 9 ₹1,800₹2,000Jul 3Sep 4Nov 9

₹1,970.8 month-end · +1.5% over 12 months

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

₹1,970.8 month-end · +72.2% over 3 years

₹1,000₹2,000₹3,000₹4,000Nov '23Jun '24Jan '25Sep '25Apr '26Nov '26 ₹1,000₹2,000₹3,000₹4,000Nov '23May '25Nov '26

₹1,970.8 month-end · +753.0% since Jan '19

₹0₹2,000₹4,000Jan '19Aug '20Mar '22Sep '23Apr '25Nov '26 ₹0₹2,000₹4,000Jan '19Dec '22Nov '26

52-week range ₹1500.00 to ₹2143.40 · 1-year volatility 42.2%

Was the rally earned?

+2%share price, 1 yearRoughly flat
  • The share price was roughly flat over 1 year (+2%).
  • The share count barely moved.
Net profit growth: −161 pts. Points of the price return explained by net profit growing (or shrinking).−161 ptsNet profit growthP/E change: +163 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+163 ptsP/E changeShare price: +2%+2%Share priceNet profit growth: −161 pts. Points of the price return explained by net profit growing (or shrinking).−161ProfitP/E change: +163 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+163P/EShare price: +2%+2%Share price
Net profit growth-161 ptsNet profit fell about 80%, which lowers the price.
P/E change+163 ptsThe P/E rose from 36.9x to 185.2x, which lifts the price.
Share count change0 ptsShare count was little changed. More shares would count against the price.
+72%share price, 3 yearsMultiple-driven

Partly.

  • Most of the rise came from investors paying a higher multiple (P/E 43.5x to 185.2x); per-share earnings took off 120 points.
  • The share count barely moved.
Net profit growth: −120 pts. Points of the price return explained by net profit growing (or shrinking).−120 ptsNet profit growthP/E change: +193 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+193 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: +72%+72%Share priceNet profit growth: −120 pts. Points of the price return explained by net profit growing (or shrinking).−120ProfitP/E change: +193 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+193P/EShare count change: 0 pts. Points of the price return explained by the share count changing. More shares count against the price.0SharesShare price: +72%+72%Share price
Net profit growth-120 ptsNet profit fell about 59%, which lowers the price.
P/E change+193 ptsThe P/E rose from 43.5x to 185.2x, which lifts the price.
Share count change0 ptsShare count was little changed. More shares would count against the price.
+722%share price, 5 yearsEarnings and multiple

Both mattered.

  • Per-share earnings added 417 points and the multiple added 305 points (P/E 76.2x to 185.2x).
  • The share count rose 400%.
Net profit growth: +968 pts. Points of the price return explained by net profit growing (or shrinking).+968 ptsNet profit growthP/E change: +305 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+305 ptsP/E changeShare count change: −551 pts. Points of the price return explained by the share count changing. More shares count against the price.−551 ptsShare count changeShare price: +722%+722%Share priceNet profit growth: +968 pts. Points of the price return explained by net profit growing (or shrinking).+968ProfitP/E change: +305 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+305P/EShare count change: −551 pts. Points of the price return explained by the share count changing. More shares count against the price.−551SharesShare price: +722%+722%Share price
Net profit growth+968 ptsNet profit rose about 1589%, which lifts the price.
P/E change+305 ptsThe P/E rose from 76.2x to 185.2x, which lifts the price.
Share count change-551 ptsShare count rose 400%, which lowers 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 SUPREME INDUSTRIES

How rough has the ride been?

Maximum drawdown-67.4%not yet recovered
1-year volatility42.2%annualised
Beta vs sector index0.663-year daily, correlation 0.25
Volume spikes4last 90 sessions, 5x the 50-day median

Drawdown from peak

0%−20%−40%−60%2020202120222023202420252026−66.4% 0%−20%−40%−60%2020202220242026−66.4%
Largest drawdowns

-67.4% (2024-08 peak to 2026-05 low, not yet recovered)

-57.7% (2019-04 peak to 2020-03 low, recovered 2022-01)

-26.1% (2022-01 peak to 2022-02 low, recovered 2022-07)

Most recent volume spikes

2026-10-29: 43.1x the 50-day median, price +3.2% that day

2026-09-15: 13.4x the 50-day median, price +6.3% that day

2026-07-24: 11.4x the 50-day median, price +1.8% 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?

185.2xP/E todayNear its historic high
Against its own history97th percentile
CheapestMedian 43.7xDearest

Usual range 22.9x to 111.1x since 2019-01.

Against Producer Manufacturing185.2x vs 29.6x
This company
185.2x
Sector median
29.6x

526% above the Producer Manufacturing median.

10.6x122.8x235.1x347.4xJan '19Aug '20Mar '22Oct '23May '25Nov '2610.6x122.8x235.1x347.4xJan '19Sep '21May '24Nov '26
P/E (this company)10th to 90th percentile of its own historyIts medianProducer Manufacturing median

The chart loads when you open this tab.

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

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

Shaded band: 10th to 90th percentile of the company's own P/E history; dotted line: its median; orange line: sector median (companies with a positive multiple, at least 5 in the sector).

Sector figures are built from today's listed companies, so they exclude companies that are no longer listed.

All terms explained in the glossary →

How Producer Manufacturing is valued

Where does it rank among Producer Manufacturing peers?

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

Where it ranks today

  • ROCE17th▼ 41 pts vs a year ago
  • Op. margin43rd▲ 13 pts vs a year ago
  • Revenue growth24th▼ 35 pts vs a year ago
  • EPS growth6th▼ 55 pts vs a year ago
  • Debt/equity ↓7th▼ 13 pts vs a year ago
  • Cash cycle ↓52ndflat vs a year ago
  • P/E ↓4th▼ 41 pts vs a year ago
  • 12M momentum57th▲ 40 pts vs a year ago

Rank history

ROCE
Op. margin
Revenue growth
EPS growth
Debt/equity ↓
Cash cycle ↓
P/E ↓
12M momentum
Dec '21Jul '22Jan '23Jul '23Jan '24Jul '24Jan '25Jul '25Jan '26Jul '26Nov '26
Lower rank Higher rank Not enough data

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

The Producer Manufacturing sector page Watch it move against Producer Manufacturing in the Observatory

What is the price implying?

~29%annual earnings growth implied by the priceAbove delivered growth

At normalised P/E (five-year average earnings) of 68.2x, a holder earning 12%/yr needs earnings to grow about 29.3%/yr for 10 years, then trade at 15x.

Delivered25.5%/yrEPS, last 10 fiscal years · 3-yr avg to 3-yr avg
Gap+3.7 ptsimplied minus delivered
Rank464thmost demanding of 856

Over time

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

-34%6%46% Jun 2019Nov 2026 -34%6%46% Jun 2019Nov 2026

Change the assumptions

Exit P/E / return11%12%13%
12x30.8%32.0%33.2%
15x28.1%29.3%30.4%
20x24.7%25.8%26.9%

Drag a slider to test other assumptions

Implied: 29.3%/yr

Looking back

  • Jan 2020Price implied 13%/yr; EPS has since grown −7%/yr (7.0 yrs)
  • Jan 2021Price implied 15%/yr; EPS has since grown 1%/yr (6.0 yrs)
  • Jan 2022Price implied 30%/yr; EPS has since grown 14%/yr (5.0 yrs)

Past comparisons cover only companies listed today (survivorship bias) and say nothing about future outcomes.

“Implied growth” is what the current price would require under our stated assumptions, not what we expect. How this is calculated and the market-wide lists.

What prices imply across Producer Manufacturing The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov
₹1970.80
P/E
185.2x
ROCE
7.0%
Market Cap
₹1051 cr
Revenue (TTM)
₹568 cr
P/S
1.8x
P/B
5.9x
ROE
3.2%
Operating Margin
10.8%
Debt / Equity
1.2x
Promoter Holding
40.0%
12M Momentum
1.5%

52-week range

₹1500.00₹2143.40
73% of the way from its 52-week low to its high

Price risk

1Y volatility
42.2%
Beta vs sector
1-year daily
0.44

Balance sheet & cash

Interest cover
operating profit ÷ interest
1.9x
Cash from profit, 3Y
operating cash flow ÷ net profit
1.79x
Share count, 1Y
unchanged

Are profits backed by cash?

5 of 7checks within range1 beyond a threshold
Other income reliance6%Within range

Other income as a share of pre-tax profit (trailing twelve months): 6.2%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate40%Near threshold

Median quarterly effective tax rate over about 2.5 years: 40.3%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion1.79xWithin range

Operating cash flow divided by net profit over the last three fiscal years: 1.79x (cash from operations ₹102 cr, net profit ₹57 cr). Bands: 0.8x and above, 0.5x to 0.8x, below 0.5x.

Free cash flow1 of 5 yrsBeyond threshold

Fiscal years with positive free cash flow in the last 5: 1. Bands: at least 80% of years, 40% to 80%, below 40%.

Receivable days vs history+8 daysWithin range

Debtor days are above the median of the previous three fiscal years by 8 days (75 vs 67). Bands: under 15 days, 15 to 45, over 45.

Capital work in progress3% of fixed assetsWithin range

Capital work-in-progress is 3% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.

Payable days-4 days / 2 yrsWithin range

Days payable changed by -4 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, institutional and promoter holdings were broadly unchanged.
  • The number of shareholders rose from 2,997 to 7,932 (+165%) between Sep 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupSep '23Jun '26Change
Promoters40.4%40.0%-0.4 pts
FIIs0.0%0.0%0.0 pts
DIIs0.0%0.0%0.0 pts
Public and others59.6%59.9%+0.4 pts

Number of shareholders

7,932shareholders+165% since Sep '23
3k5k7k9k Sep '23Jun '24Dec '24Jun '25Mar '26Jun '26
Sep '23: 2,997
Dec '23: 2,945
Jun '24: 3,894
Sep '24: 9,097
Dec '24: 8,494
Mar '25: 8,237
Jun '25: 8,357
Sep '25: 8,795
Mar '26: 8,046
Jun '26: 7,932
3k5k7k9k Sep '23Sep '24Jun '25Jun '26
Sep '23: 2,997
Dec '23: 2,945
Jun '24: 3,894
Sep '24: 9,097
Dec '24: 8,494
Mar '25: 8,237
Jun '25: 8,357
Sep '25: 8,795
Mar '26: 8,046
Jun '26: 7,932

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

+0.5%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 GRP LIMITED today on valuation, return on capital, margins, debt, growth, price momentum, size and volatility.
  • Over the following 12 months the middle half of them returned −28% to +35% vs the market, against −5% for all non-financial companies in the same months.
  • The gap against the base rate (+5.9%, 80% range −12.9% to +18.8%) is within what chance and overlapping periods produce.

Where the 50 outcomes landed

−100%−50%0%+50%+100%
JINDWORLD · Dec 2024: −65.1% vs market
KHADIM · Jan 2025: −55.5% vs market
MEDPLUS · Jul 2023: −51.9% vs market
GOACARBON · Apr 2024: −50.8% vs market
MAHLOG · Aug 2021: −41.5% vs market
KOKUYOCMLN · Aug 2024: −40.9% vs market
VIPCLOTHNG · Sep 2023: −40.7% vs market
DYNPRO · Nov 2024: −40.3% vs market
GLOBUSSPR · Oct 2025: −38.0% vs market
DECCANCE · Jun 2025: −34.9% vs market
SAPPHIRE · Aug 2025: −33.5% vs market
OAL · Aug 2024: −32.6% vs market
RUCHINFRA · Sep 2023: −28.1% vs market
EVEREADY · Aug 2023: −26.8% vs market
ALICON · Nov 2022: −26.6% vs market
HLEGLAS · May 2025: −26.5% vs market
HCG · Aug 2023: −25.1% vs market
JKLAKSHMI · Jan 2020: −25.1% vs market
DPSCLTD · Sep 2023: −22.2% vs market
CENTUM · Apr 2024: −18.7% vs market
GREENLAM · Oct 2025: −17.5% vs market
KOLTEPATIL · May 2025: −12.1% vs market
BIRLACORPN · Jun 2023: −12.1% vs market
VMART · Jun 2025: −9.5% vs market
GMMPFAUDLR · Oct 2025: −0.4% vs market
RKFORGE · Oct 2021: +1.4% vs market
MANGLMCEM · Mar 2024: +1.6% vs market
TVSSRICHAK · Oct 2025: +4.0% vs market
YUKEN · Aug 2023: +12.6% vs market
KOTARISUG · Sep 2022: +13.1% vs market
COOLCAPS · Oct 2024: +16.1% vs market
VADILALIND · Apr 2022: +19.3% vs market
SAGCEM · Oct 2020: +19.7% vs market
EIFFL · Mar 2025: +23.6% vs market
INDIACEM · Feb 2020: +23.9% vs market
MHRIL · Oct 2022: +27.1% vs market
BASML · Dec 2020: +34.4% vs market
APCL · May 2020: +34.6% vs market
YASHO · Jun 2025: +39.9% vs market
SNOWMAN · Jan 2023: +42.2% vs market
SUDARSCHEM · May 2024: +42.9% vs market
SANGAMIND · Sep 2025: +43.0% vs market
DYNAMATECH · Nov 2022: +43.5% vs market
AMBER · Jun 2024: +46.6% vs market
JUBLPHARMA · Jun 2024: +60.3% vs market
SOMANYCERA · Dec 2020: +90.9% vs market
CANTABIL · Sep 2021: +115.3% vs market
TEXRAIL · Apr 2023: +117.7% vs market
SCHNEIDER · Aug 2022: +137.7% vs market
ESTER · May 2020: +156.4% vs market
Similar setups +0.5%All companies −5.4%← 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 · 4 beyond the range shown, drawn at the edge

Similar setups' median
+0.5%
All companies' median
−5.4%
Beat the market
50% vs 44%

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

The closest matches

CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
DYNAMATECH
Producer Manufacturing
Nov 2022 108x9% +22%−3% +44%
DECCANCE
Non-Energy Minerals
Jun 2025 171x— +32%−1% −35%
SUDARSCHEM
Process Industries
May 2024 121x6% +70%−6% +43%
GREENLAM
Non-Energy Minerals
Oct 2025 198x7% +2%−12% −18%
APCL
Non-Energy Minerals
May 2020 109x12% −28%−30% +35%
Show the other 3 matches
CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
VADILALIND
Consumer Non-Durables
Apr 2022 246x7% +70%−3% +19%
KOKUYOCMLN
Consumer Durables
Aug 2024 135x9% +36%−1% −41%
YUKEN
Producer Manufacturing
Aug 2023 97x8% +44%−1% +13%
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: interest cover, ROCE and 12-month momentum. 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 GRP LIMITED. The comparison covers only 2020–2025, a single market period, and only companies still listed today. Companies that were delisted or went bankrupt are missing, which makes past outcomes look better than they were. Returns exclude dividends and are measured against an ApnaFunda-built index, not an official benchmark. Fundamentals are matched on a 60-day assumed reporting lag, not actual announcement dates. Its historical skill has not yet been measured. Past patterns may not repeat.

Methodology

How historical analogs are built

Data as of 2026-11-09. Outcome pool: Jan 2020 to Oct 2025.

For every company we look at the situation it is in today (valuation, return on capital, margins, debt, growth, 12-month price momentum, drawdown, size and volatility) and find past company-months that looked most like it. We then show what happened to those past situations over the following 12 months, measured against the ApnaFunda All index and against the base rate. It describes history. It does not predict anything.

What is compared

FeatureWeightNon-financialFinancial
P/E1yesyes
P/S1yes—
P/B1—yes
ROCE1yes—
operating margin1yes—
ROE1—yes
debt/equity0.75yes—
interest cover0.5yes—
revenue growth0.75yesyes
12-month momentum1yesyes
drawdown from 12-month high0.75yesyes
size0.75yesyes
volatility0.5yesyes

Weights were set by judgement before any outcome was looked at and are never tuned on results. Loss-making companies (negative P/E or net profit) are only matched with other loss-making companies. Banks, NBFCs and insurers are compared only with each other and use a different feature set. Every feature is converted, month by month, to its rank among companies in the same pool in that month, so a P/E of 30 in a hot market and a P/E of 22 in a cold one can match if both were equally expensive for their time. Only that month's data is used.

How closeness and the sample are defined

Distance is the weighted root-mean-square gap between the standardised features both companies have. A match needs at least 70% of the query's feature weight, a distance of at most 0.9, and 30 matches at minimum to be shown. We keep up to 50 matches with these exclusions: never the company itself, one match per company (its closest month), and at most 7 from any one calendar month so a single market episode cannot dominate.

Base rate

The base rate is the distribution of 12-month returns, relative to the market, of every eligible company-month in the same pool, with each month weighted to match the months the analogs came from. It answers: how did a random company do in these same months? Because matches from nearby months share the same market conditions, we also report the number of distinct 12-month windows behind a result, and a bootstrap that resamples months decides whether the analog median differs from the base rate at all. "Not meaningfully different" is the usual outcome and the page copy is written for it.

Limits you should know

  • One market period. The outcome pool covers 2020–2025 only (70 months), including the 2020 crash and the 2020–21 rally.
  • Survivorship. Only companies listed today are included. Delisted and bankrupt companies are missing, which flatters past outcomes, particularly for distressed-looking setups.
  • Price return only. Dividends are excluded, and the benchmark is an ApnaFunda market-cap-weighted index of the same listed companies, not an official index.
  • Reporting lag. Fundamentals are matched on an assumed 60-day lag after the quarter end, not on real announcement dates.
  • Pools: non-financial: 98,395 company-months from 2019 companies; financial: 5,659 company-months from 108 companies. 2349 companies currently have a result; the rest are suppressed because too few comparable situations exist.

Does it work? A walk-forward check

The walk-forward check has not been run for this build, so skill is shown as not yet measured.

Disclaimer

This is history, not a forecast. These are past situations where other companies had broadly similar reported numbers and price trends. What happened to them does not tell you what will happen to any company shown. The comparison covers only 2020–2025, a single market period, and only companies still listed today. Companies that were delisted or went bankrupt are missing, which makes past outcomes look better than they were. Returns exclude dividends and are measured against an ApnaFunda-built index, not an official benchmark. Fundamentals are matched on a 60-day assumed reporting lag, not actual announcement dates. Its historical skill has not yet been measured. Past patterns may not repeat.

What else looks like this?

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

NELCONELCO
Electronic Technology
67%similar
ROCEoperating margin
Commercial Services
64%similar
EPS growthrevenue
Process Industries
63%similar
revenueEPS growth
XPRO INDIAXPROINDIA
Process Industries
60%similar
promoter holdingrevenue
Process Industries
59%similar
revenueEPS growth
Producer Manufacturing
66%similar
volatilityEPS growth
Producer Manufacturing
61%similar
revenueEPS growth
Producer Manufacturing
55%similar
volatilitymarket cap

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

What changed?

30 events since Jun '23

  1. OctPriceVolume reached 43.1x its 50-day median on 2026-10-29; price +3.2% that day.
  2. SepResultsRevenue (TTM) reached a new high of ₹568 cr.
  3. SepPeer rankMoved into the 3rd quartile of Producer Manufacturing on operating margin (from the bottom quartile).
  4. SepPriceVolume reached 13.4x its 50-day median on 2026-09-15; price +6.3% that day.
  5. JunResultsYear-on-year EPS growth turned negative.
  6. JunValuationP/E crossed above the 90th percentile of its own history to date (313.0x).
  7. JunPeer rankSlipped to the bottom quartile of Producer Manufacturing on ROCE (from the 2nd quartile).
  8. JunDebtDebt / equity rose above 1.0x (1.17x).
Show 22 earlier events
  1. MayPriceFell 67% from the Aug 2024 peak to the May 2026 low.
  2. MayPriceVolume reached 6.2x its 50-day median on 2026-05-18; price -11.5% that day.
  3. MarResultsRevenue (TTM) reached a new high of ₹551 cr.
  4. MarPeer rankSlipped to the bottom quartile of Producer Manufacturing on operating margin (from the 3rd quartile).
  5. MarPriceVolume reached 5.2x its 50-day median on 2026-03-30; price +3.2% that day.
  6. NovPriceVolume reached 7.3x its 50-day median on 2025-11-25; price +0.5% that day.
  7. SepPeer rankSlipped to the 3rd quartile of Producer Manufacturing on operating margin (from the top quartile).
  8. AugPriceVolume reached 12.5x its 50-day median on 2025-08-22; price +0.0% that day.
  9. JunPeer rankMoved into the 2nd quartile of Producer Manufacturing on ROCE (from the 3rd quartile).
  10. JunPriceVolume reached 7.5x its 50-day median on 2025-06-26; price +3.1% that day.
  11. MarPeer rankMoved into the 3rd quartile of Producer Manufacturing on operating margin (from the bottom quartile).
  12. JanPeer rankSlipped to the bottom quartile of Producer Manufacturing on operating margin (from the 3rd quartile).
  13. DecPeer rankSlipped to the 2nd quartile of Producer Manufacturing on EPS growth (from the top quartile).
  14. JulPriceVolume reached 15.6x its 50-day median on 2024-07-01; price +18.8% that day.
  15. JunResultsRevenue (TTM) reached a new high of ₹461 cr.
  16. JunPeer rankMoved into the 3rd quartile of Producer Manufacturing on ROCE (from the bottom quartile).
  17. MayValuationP/E crossed above the 90th percentile of its own history to date (85.1x).
  18. MayPriceVolume reached 86.9x its 50-day median on 2024-05-10; price +16.8% that day.
  19. FebPeer rankSlipped to the bottom quartile of Producer Manufacturing on ROCE (from the 3rd quartile).
  20. FebPriceVolume reached 38.7x its 50-day median on 2024-02-20; price +18.6% that day.
  21. NovPriceVolume reached 26.6x its 50-day median on 2023-11-22; price +4.2% that day.
  22. JunResultsRevenue (TTM) reached a new high of ₹451 cr.

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
2026-11185.2x₹568 cr3.2%7.0%1.2x
2026-10181.3x₹568 cr3.2%7.0%1.2x
2026-09178.4x₹568 cr3.2%7.0%1.2x
2026-08325.4x₹535 cr1.8%7.0%1.2x
2026-07347.4x₹535 cr1.8%7.0%1.2x
2026-06313.0x₹535 cr1.8%7.0%1.2x
2026-0539.7x₹551 cr12.6%18.0%0.8x
2026-0442.2x₹551 cr12.6%18.0%0.8x
2026-0341.6x₹551 cr12.6%18.0%0.8x
2026-0235.1x₹549 cr14.4%18.0%0.8x
2026-0133.8x₹549 cr14.4%18.0%0.8x
2025-1234.8x₹549 cr14.4%18.0%0.8x
2025-1136.9x₹548 cr14.7%18.0%0.8x
2025-1038.1x₹548 cr14.7%18.0%0.8x
2025-0940.3x₹548 cr14.7%18.0%0.8x
2025-0837.6x₹550 cr16.1%18.0%0.8x
2025-0740.8x₹550 cr16.1%18.0%0.8x
2025-0647.9x₹550 cr16.1%18.0%0.8x
2025-0565.9x₹528 cr13.8%15.0%0.7x
2025-0465.0x₹528 cr13.8%15.0%0.7x
2025-0364.8x₹528 cr13.8%15.0%0.7x
2025-0258.5x₹505 cr13.8%15.0%0.7x
2025-0166.0x₹505 cr13.8%15.0%0.7x
2024-1275.3x₹505 cr13.8%15.0%0.7x
2024-1166.5x₹488 cr15.1%15.0%0.7x
2024-1069.4x₹488 cr15.1%15.0%0.7x
2024-0970.1x₹488 cr15.1%15.0%0.7x
2024-0878.3x₹461 cr13.9%15.0%0.7x
2024-0792.3x₹461 cr13.9%15.0%0.7x
2024-0675.3x₹461 cr13.9%15.0%0.7x
2024-0585.1x₹451 cr9.5%9.0%0.6x
2024-0461.8x₹451 cr9.5%9.0%0.6x
2024-0361.9x₹451 cr9.5%9.0%0.6x
2024-0259.8x₹451 cr9.5%9.0%0.6x
2024-0147.5x₹451 cr9.5%9.0%0.6x
2023-1245.6x₹451 cr9.5%9.0%0.6x
2023-1143.5x₹451 cr9.5%9.0%0.6x
2023-1038.0x₹451 cr9.5%9.0%0.6x
2023-0937.5x₹451 cr9.5%9.0%0.6x
2023-0839.0x₹451 cr9.5%9.0%0.6x
2023-0734.0x₹451 cr9.5%9.0%0.6x
2023-0634.9x₹451 cr9.5%9.0%0.6x
2023-0583.5x₹388 cr4.4%6.0%0.7x
2023-0471.9x₹388 cr4.4%6.0%0.7x
2023-0361.4x₹388 cr4.4%6.0%0.7x
2023-0263.0x₹388 cr4.4%6.0%0.7x
2023-0162.0x₹388 cr4.4%6.0%0.7x
2022-1247.2x₹388 cr4.4%6.0%0.7x
2022-1144.0x₹388 cr4.4%6.0%0.7x
2022-1042.0x₹388 cr4.4%6.0%0.7x
2022-0941.8x₹388 cr4.4%6.0%0.7x
2022-0840.7x₹388 cr4.4%6.0%0.7x
2022-0739.1x₹388 cr4.4%6.0%0.7x
2022-0630.1x₹388 cr4.4%6.0%0.7x
2022-05108.0x₹280 cr0.3%2.0%0.5x
2022-04116.6x₹280 cr0.3%2.0%0.5x
2022-03110.7x₹280 cr0.3%2.0%0.5x
2022-02114.7x₹280 cr0.3%2.0%0.5x
2022-01115.6x₹280 cr0.3%2.0%0.5x
2021-1280.4x₹280 cr0.3%2.0%0.5x
2021-1176.2x₹280 cr0.3%2.0%0.5x
2021-1076.2x₹280 cr0.3%2.0%0.5x
2021-0973.8x₹280 cr0.3%2.0%0.5x
2021-0876.9x₹280 cr0.3%2.0%0.5x
2021-0773.4x₹280 cr0.3%2.0%0.5x
2021-0676.2x₹280 cr0.3%2.0%0.5x
2021-0547.2x₹349 cr0.5%3.0%0.7x
2021-0436.4x₹349 cr0.5%3.0%0.7x
2021-0335.7x₹349 cr0.5%3.0%0.7x
2021-0235.0x₹349 cr0.5%3.0%0.7x
2021-0132.6x₹349 cr0.5%3.0%0.7x
2020-1239.6x₹349 cr0.5%3.0%0.7x
2020-1136.1x₹349 cr0.5%3.0%0.7x
2020-1034.5x₹349 cr0.5%3.0%0.7x
2020-0932.4x₹349 cr0.5%3.0%0.7x
2020-0831.3x₹349 cr0.5%3.0%0.7x
2020-0731.3x₹349 cr0.5%3.0%0.7x
2020-0628.3x₹349 cr0.5%3.0%0.7x
2020-0515.0x₹357 cr3.9%6.0%0.5x
2020-0416.6x₹357 cr3.9%6.0%0.5x
2020-0315.3x₹357 cr3.9%6.0%0.5x
2020-0217.0x₹357 cr3.9%6.0%0.5x
2020-0120.7x₹357 cr3.9%6.0%0.5x
2019-1220.3x₹357 cr3.9%6.0%0.5x
2019-1120.5x₹357 cr3.9%6.0%0.5x
2019-1022.4x₹357 cr3.9%6.0%0.5x
2019-0922.9x₹357 cr3.9%6.0%0.5x
2019-0822.8x₹357 cr3.9%6.0%0.5x
2019-0724.7x₹357 cr3.9%6.0%0.5x
2019-0624.7x₹357 cr3.9%6.0%0.5x
2019-05—₹300 cr-0.1%3.0%0.5x
2019-04—₹300 cr-0.1%3.0%0.5x
2019-03—₹300 cr-0.1%3.0%0.5x
2019-02—₹300 cr-0.1%3.0%0.5x
2019-01—₹300 cr-0.1%3.0%0.5x

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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