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GARDEN REACH SHIPBUILD ENG LTD (GRSE)

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.85 / 100
Profitability 63Growth 92Balance 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.36 / 100
Price 25Earnings 67FII/DII 15

Passes these screensQuality CompounderDebt-light & profitableConsistent compounders

Compare withSUPREME INDUSTRIESASTRALFINOLEX INDUSTRIES

Share price

Closing priceAdjusted for splits and bonus issues.

₹2,198.1 latest close · −20.0% over the last 90 sessions

₹2,000₹2,500Jul 3Jul 29Aug 24Sep 17Oct 14Nov 9 ₹2,000₹2,500Jul 3Sep 4Nov 9

₹2,198.1 month-end · −21.3% over 12 months

₹2,000₹2,500₹3,000Nov '25Jan '26Apr '26Jun '26Sep '26Nov '26 ₹2,000₹2,500₹3,000Nov '25May '26Nov '26

₹2,198.1 month-end · +159.5% over 3 years

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

₹2,198.1 month-end · +2502.8% since Jan '19

₹0₹1,000₹2,000₹3,000Jan '19Aug '20Mar '22Sep '23Apr '25Nov '26 ₹0₹1,000₹2,000₹3,000Jan '19Dec '22Nov '26

52-week range ₹1842.00 to ₹3339.00 · 1-year volatility 43.7%

Was the rally earned?

-21%share price, 1 yearLower P/E held it back

Earnings helped, the multiple did not.

  • Per-share earnings added 32 points, but investors now pay less per rupee of profit (P/E 57.1x to 31.4x), which took 53 points back.
  • The share count barely moved.
Net profit growth: +32 pts. Points of the price return explained by net profit growing (or shrinking).+32 ptsNet profit growthP/E change: −53 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−53 ptsP/E changeShare price: −21%−21%Share priceNet profit growth: +32 pts. Points of the price return explained by net profit growing (or shrinking).+32ProfitP/E change: −53 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−53P/EShare price: −21%−21%Share price
Net profit growth+32 ptsNet profit rose about 43%, which lifts the price.
P/E change-53 ptsThe P/E fell from 57.1x to 31.4x, which lowers the price.
Share count change0 ptsShare count was little changed. More shares would count against the price.
+160%share price, 3 yearsLower P/E held it back

Mostly yes, with a catch.

  • Per-share earnings added 210 points, but investors now pay less per rupee of profit (P/E 42.5x to 31.4x), which took 51 points back.
  • The share count barely moved.
Net profit growth: +210 pts. Points of the price return explained by net profit growing (or shrinking).+210 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 price: +160%+160%Share priceNet profit growth: +210 pts. Points of the price return explained by net profit growing (or shrinking).+210ProfitP/E change: −51 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−51P/EShare price: +160%+160%Share price
Net profit growth+210 ptsNet profit rose about 251%, which lifts the price.
P/E change-51 ptsThe P/E fell from 42.5x to 31.4x, which lowers the price.
Share count change0 ptsShare count was little changed. More shares would count against the price.
+893%share price, 5 yearsEarnings-driven

Mostly yes.

  • Per-share earnings added 643 points to the rise, while the multiple moved less (P/E 16.5x to 31.4x).
  • The share count barely moved.
Net profit growth: +644 pts. Points of the price return explained by net profit growing (or shrinking).+644 ptsNet profit growthP/E change: +251 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+251 ptsP/E changeShare count change: −1 pts. Points of the price return explained by the share count changing. More shares count against the price.−1 ptsShare count changeShare price: +893%+893%Share priceNet profit growth: +644 pts. Points of the price return explained by net profit growing (or shrinking).+644ProfitP/E change: +251 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+251P/EShare count change: −1 pts. Points of the price return explained by the share count changing. More shares count against the price.−1SharesShare price: +893%+893%Share price
Net profit growth+644 ptsNet profit rose about 423%, which lifts the price.
P/E change+251 ptsThe P/E rose from 16.5x to 31.4x, which lifts the price.
Share count change-1 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 SUPREME INDUSTRIES

How rough has the ride been?

Maximum drawdown-55.2%recovered 2025-05
1-year volatility43.7%annualised
Beta vs sector index1.573-year daily, correlation 0.57
Volume spikes1last 90 sessions, 5x the 50-day median

Drawdown from peak

0%−20%−40%2020202120222023202420252026−53.7% 0%−20%−40%2020202220242026−53.7%
Largest drawdowns

-55.2% (2024-07 peak to 2025-03 low, recovered 2025-05)

-49.4% (2019-11 peak to 2020-03 low, recovered 2021-11)

-46.7% (2025-06 peak to 2026-10 low, not yet recovered)

Most recent volume spikes

2026-11-03: 12x the 50-day median, price +4.1% 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?

31.4xP/E todayWithin its usual range
Against its own history61st percentile
CheapestMedian 27.5xDearest

Usual range 13.5x to 53.1x since 2019-01.

Against Producer Manufacturing31.4x vs 29.6x
This company
31.4x
Sector median
29.6x

6% above the Producer Manufacturing median.

10.5x36.0x61.6x87.2xJan '19Aug '20Mar '22Oct '23May '25Nov '2610.5x36.0x61.6x87.2xJan '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

The chart loads when you open this tab.

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

  • ROCE97th▲ 3 pts vs a year ago
  • Op. margin28th▼ 5 pts vs a year ago
  • Revenue growth87thflat vs a year ago
  • EPS growth76th▼ 10 pts vs a year ago
  • Debt/equity ↓86th▼ 6 pts vs a year ago
  • Cash cycle ↓23rd▲ 10 pts vs a year ago
  • P/E ↓47th▲ 25 pts vs a year ago
  • 12M momentum28th▼ 67 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?

~28%annual earnings growth implied by the priceBelow delivered growth

At normalised P/E (five-year average earnings) of 61.4x, a holder earning 12%/yr needs earnings to grow about 27.5%/yr for 10 years, then trade at 15x.

Delivered33.8%/yrEPS, last 10 fiscal years · 3-yr avg to 3-yr avg
Gap−6.3 ptsimplied minus delivered
Rank655thmost demanding of 856

Over time

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

0%20%40% Jan 2019Nov 2026 0%20%40% Jan 2019Nov 2026

Change the assumptions

Exit P/E / return11%12%13%
12x29.0%30.2%31.3%
15x26.4%27.5%28.7%
20x23.0%24.1%25.2%

Drag a slider to test other assumptions

Implied: 27.5%/yr

Looking back

  • Jan 2020Price implied 16%/yr; EPS has since grown 32%/yr (7.0 yrs)
  • Jan 2021Price implied 11%/yr; EPS has since grown 29%/yr (6.0 yrs)
  • Jan 2022Price implied 15%/yr; EPS has since grown 37%/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
₹2198.10
P/E
31.4x
ROCE
43.0%
Market Cap
₹25175 cr
Revenue (TTM)
₹7507 cr
P/S
3.4x
P/B
9.6x
ROE
30.5%
Operating Margin
8.0%
Debt / Equity
0.0x
Promoter Holding
74.5%
12M Momentum
-21.3%

52-week range

₹1842.00₹3339.00
24% of the way from its 52-week low to its high

Price risk

1Y volatility
43.7%
Beta vs sector
1-year daily
1.31

Balance sheet & cash

Interest cover
operating profit ÷ interest
72.2x
Cash from profit, 3Y
operating cash flow ÷ net profit
-0.60x
low
Share count, 1Y
unchanged

Are profits backed by cash?

3 of 7checks within range2 beyond a threshold
Other income reliance28%Near threshold

Other income as a share of pre-tax profit (trailing twelve months): 28.2%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate26%Within range

Median quarterly effective tax rate over about 2.5 years: 25.5%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion-0.60xBeyond threshold

Operating cash flow divided by net profit over the last three fiscal years: -0.60x (cash from operations ₹-981 cr, net profit ₹1,632 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+45 daysNear threshold

Debtor days are above the median of the previous three fiscal years by 45 days (64 vs 19). Bands: under 15 days, 15 to 45, over 45.

Capital work in progress4% of fixed assetsWithin range

Capital work-in-progress is 4% 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 2 years, DIIs trimmed 4.1 pts.
  • The number of shareholders rose from 1.2 lakh to 4.0 lakh (+240%) between Dec 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupDec '23Jun '26Change
Promoters74.5%74.5%0.0 pts
FIIs2.9%3.2%+0.4 pts
DIIs6.0%1.9%-4.1 pts
Public and others16.6%20.4%+3.8 pts

Number of shareholders

4.0 lakhshareholders+240% since Dec '23
1.2L2.2L3.2L4.3L Dec '23Jun '24Dec '24Jun '25Dec '25Jun '26
Dec '23: 1.2 lakh
Mar '24: 1.3 lakh
Jun '24: 2.6 lakh
Sep '24: 4.0 lakh
Dec '24: 4.2 lakh
Mar '25: 4.1 lakh
Jun '25: 4.1 lakh
Sep '25: 4.3 lakh
Dec '25: 4.2 lakh
Mar '26: 4.1 lakh
Jun '26: 4.0 lakh
 1.2L2.2L3.2L4.3L Dec '23Dec '24Dec '25Jun '26
Dec '23: 1.2 lakh
Mar '24: 1.3 lakh
Jun '24: 2.6 lakh
Sep '24: 4.0 lakh
Dec '24: 4.2 lakh
Mar '25: 4.1 lakh
Jun '25: 4.1 lakh
Sep '25: 4.3 lakh
Dec '25: 4.2 lakh
Mar '26: 4.1 lakh
Jun '26: 4.0 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

−6.4%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 GARDEN REACH SHIPBUILD ENG 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 −29% to +14% vs the market, against −1% for all non-financial companies in the same months.
  • The gap against the base rate (−5.7%, 80% range −12.7% to +2.5%) is within what chance and overlapping periods produce.

Where the 50 outcomes landed

−100%−50%0%+50%+100%
TANLA · Apr 2022: −51.6% vs market
BAJAJCON · Jun 2021: −51.6% vs market
VAIBHAVGBL · Sep 2021: −49.9% vs market
IGL · Feb 2021: −41.3% vs market
THYROCARE · Sep 2021: −40.2% vs market
BALAMINES · Oct 2022: −38.4% vs market
FCL · May 2024: −35.9% vs market
KSCL · Oct 2020: −35.6% vs market
ENGINERSIN · Jun 2020: −35.4% vs market
RITES · Sep 2020: −34.1% vs market
FINEORG · Jun 2023: −31.7% vs market
RHIM · Apr 2023: −31.5% vs market
AVANTIFEED · Nov 2020: −28.7% vs market
ACE · Feb 2025: −28.6% vs market
DHANUKA · Apr 2021: −24.9% vs market
RATNAMANI · Apr 2024: −16.4% vs market
SUNTV · Feb 2020: −12.8% vs market
PRAJIND · May 2024: −12.5% vs market
ADFFOODS · Jan 2022: −11.2% vs market
IONEXCHANG · Mar 2024: −11.0% vs market
BDL · Nov 2020: −10.4% vs market
DEEPAKNTR · Sep 2022: −10.2% vs market
PRINCEPIPE · Apr 2022: −9.8% vs market
SUPREMEIND · Aug 2024: −8.2% vs market
ROUTE · Mar 2022: −6.7% vs market
VIPIND · Apr 2020: −6.2% vs market
ELECON · Aug 2024: −3.6% vs market
SHANTIGEAR · Aug 2024: +0.8% vs market
BHARATRAS · Feb 2021: +1.4% vs market
BLUESTARCO · May 2025: +1.4% vs market
CENTURYPLY · Nov 2022: +4.0% vs market
COFORGE · May 2022: +6.6% vs market
MANKIND · Jun 2024: +6.7% vs market
NBCC · Feb 2025: +7.7% vs market
BLS · Nov 2023: +13.4% vs market
CRISIL · Jan 2022: +13.4% vs market
JBCHEPHARM · Oct 2021: +14.0% vs market
CAPLIPOINT · Feb 2020: +14.1% vs market
ITDC · Nov 2023: +16.1% vs market
INGERRAND · Nov 2023: +18.5% vs market
SUMICHEM · Dec 2021: +22.0% vs market
ABB · Apr 2025: +22.7% vs market
BEL · Sep 2020: +29.6% vs market
PERSISTENT · Jul 2023: +38.1% vs market
LTTS · Jun 2020: +38.4% vs market
KEI · Mar 2025: +43.5% vs market
RSYSTEMS · Feb 2021: +61.4% vs market
TRITURBINE · Jan 2024: +64.7% vs market
POLYCAB · Nov 2020: +70.5% vs market
SONATSOFTW · May 2020: +90.3% vs market
Similar setups −6.4%All companies −0.7%← 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
−6.4%
All companies' median
−0.7%
Beat the market
46% vs 49%

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

The closest matches

CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
AVANTIFEED
Process Industries		 Nov 2020 21x32% +2%−30% −29%
DEEPAKNTR
Process Industries		 Sep 2022 26x44% −15%−30% −10%
BALAMINES
Process Industries		 Oct 2022 27x49% −13%−24% −38%
LTTS
Technology Services		 Jun 2020 16x43% −27%−28% +38%
POLYCAB
Producer Manufacturing		 Nov 2020 19x29% +4%−18% +71%
Show the other 3 matches
CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
SUNTV
Consumer Services		 Feb 2020 11x42% −32%−35% −13%
FCL
Process Industries		 May 2024 44x36% +20%−21% −36%
ELECON
Producer Manufacturing		 Aug 2024 39x31% +41%−10% −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: 12-month momentum, drawdown from 12-month high and revenue growth. 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 GARDEN REACH SHIPBUILD ENG 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.

GODFREY PHILLIPS INDIAGODFRYPHLP
Consumer Non-Durables
64%similar
market caprevenue
HITACHI ENERGY INDIAPOWERINDIA
Electronic Technology
58%similar
debt/equityrevenue
NBCC (INDIA)NBCC
Commercial Services
54%similar
market capoperating margin
CEMINDIA PROJECTSCEMPRO
Industrial Services
51%similar
market capEPS growth
IFB INDUSTRIESIFBIND
Consumer Durables
51%similar
volatilityrevenue
R R KABELRRKABEL
Producer Manufacturing
63%similar
market capvolatility
MAZAGON DOCK SHIPBUILDERSMAZDOCK
Producer Manufacturing
61%similar
ROCErevenue
TENNECO CLEAN AIR INDIA LIMITETENNIND
Producer Manufacturing
56%similar
promoter holdingROCE

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. NovPriceVolume reached 12.0x its 50-day median on 2026-11-03; price +4.1% that day.
  2. OctPriceFell 47% from the Jun 2025 peak to the Oct 2026 low.
  3. SepPeer rankSlipped to the 3rd quartile of Producer Manufacturing on operating margin (from the 2nd quartile).
  4. JunPeer rankMoved into the 2nd quartile of Producer Manufacturing on operating margin (from the 3rd quartile).
  5. AprPriceVolume reached 16.0x its 50-day median on 2026-04-29; price +6.9% that day.
  6. NovValuationP/E crossed above the 90th percentile of its own history to date (57.1x).
  7. SepPeer rankSlipped to the 3rd quartile of Producer Manufacturing on operating margin (from the 2nd quartile).
  8. SepPriceVolume reached 8.0x its 50-day median on 2025-09-17; price +6.7% that day.
Show 22 earlier events
  1. JunPeer rankMoved into the 2nd quartile of Producer Manufacturing on operating margin (from the bottom quartile).
  2. MayPriceRegained the 2024-07 peak, 2 months after the low.
  3. AprValuationP/E crossed above the 90th percentile of its own history to date (55.6x).
  4. AprPriceVolume reached 15.5x its 50-day median on 2025-04-29; price +11.9% that day.
  5. MarPriceFell 55% from the Jul 2024 peak to the Mar 2025 low.
  6. MarPriceVolume reached 12.6x its 50-day median on 2025-03-20; price +5.0% that day.
  7. DecInstitutionsFII + DII holding fell 3.9 pts over 2 quarters to 5.5%.
  8. DecPeer rankMoved into the top quartile of Producer Manufacturing on EPS growth (from the 2nd quartile).
  9. DecPriceVolume reached 7.2x its 50-day median on 2024-12-27; price +8.9% that day.
  10. SepPeer rankSlipped to the bottom quartile of Producer Manufacturing on operating margin (from the 3rd quartile).
  11. JulPriceVolume reached 5.3x its 50-day median on 2024-07-01; price +9.9% that day.
  12. JunResultsRevenue (TTM) reached a new high of ₹3,593 cr.
  13. JunPeer rankMoved into the top quartile of Producer Manufacturing on ROCE (from the 2nd quartile).
  14. MayPriceVolume reached 16.9x its 50-day median on 2024-05-23; price +19.5% that day.
  15. AprPriceRegained the 2024-01 peak, 1 month after the low.
  16. MarPriceFell 26% from the Jan 2024 peak to the Mar 2024 low.
  17. JanPriceVolume reached 7.1x its 50-day median on 2024-01-10; price +5.0% that day.
  18. DecPriceVolume reached 6.5x its 50-day median on 2023-12-26; price +6.4% that day.
  19. SepPeer rankMoved into the 2nd quartile of Producer Manufacturing on EPS growth (from the 3rd quartile).
  20. SepPriceVolume reached 17.7x its 50-day median on 2023-09-07; price +10.4% that day.
  21. JunResultsRevenue (TTM) reached a new high of ₹2,561 cr.
  22. JunPriceRegained the 2022-12 peak, 6 months after the low.

Events are generated from the data by fixed rules.
The month shown is when the change became visible in the reported figures, assuming a 60-day lag after each quarter end; it is not an announcement date.

Where price and fundamentals disagree, market-wide Rewind the whole market to any month

Monthly history95 months · 2019-01 to 2026-11
MonthP/ERevenue (TTM)ROEROCEDebt / Equity
2026-1131.4x₹7507 cr30.5%43.0%0.0x
2026-1027.8x₹7507 cr30.5%43.0%0.0x
2026-0931.2x₹7507 cr30.5%43.0%0.0x
2026-0839.3x₹7002 cr28.5%43.0%0.0x
2026-0739.8x₹7002 cr28.5%43.0%0.0x
2026-0641.7x₹7002 cr28.5%43.0%0.0x
2026-0544.1x₹6525 cr33.1%37.0%0.0x
2026-0448.7x₹6525 cr33.1%37.0%0.0x
2026-0332.8x₹6525 cr33.1%37.0%0.0x
2026-0245.2x₹5900 cr29.6%37.0%0.0x
2026-0151.4x₹5900 cr29.6%37.0%0.0x
2025-1245.4x₹5900 cr29.6%37.0%0.0x
2025-1157.1x₹5376 cr26.9%37.0%0.0x
2025-1052.3x₹5376 cr26.9%37.0%0.0x
2025-0951.7x₹5376 cr26.9%37.0%0.0x
2025-0851.1x₹5076 cr25.3%37.0%0.0x
2025-0756.7x₹5076 cr25.3%37.0%0.0x
2025-0665.5x₹5076 cr25.3%37.0%0.0x
2025-0587.2x₹4450 cr23.6%27.0%0.0x
2025-0455.6x₹4450 cr23.6%27.0%0.0x
2025-0348.9x₹4450 cr23.6%27.0%0.0x
2025-0237.4x₹4102 cr23.0%27.0%0.0x
2025-0148.4x₹4102 cr23.0%27.0%0.0x
2024-1248.1x₹4102 cr23.0%27.0%0.0x
2024-1152.3x₹3847 cr22.0%27.0%0.0x
2024-1050.3x₹3847 cr22.0%27.0%0.0x
2024-0953.7x₹3847 cr22.0%27.0%0.0x
2024-0858.1x₹3593 cr21.4%27.0%0.0x
2024-0777.2x₹3593 cr21.4%27.0%0.0x
2024-0667.3x₹3593 cr21.4%27.0%0.0x
2024-0568.8x₹2561 cr16.1%20.0%0.2x
2024-0449.7x₹2561 cr16.1%20.0%0.2x
2024-0338.4x₹2561 cr16.1%20.0%0.2x
2024-0240.9x₹2561 cr16.1%20.0%0.2x
2024-0146.8x₹2561 cr16.1%20.0%0.2x
2023-1243.9x₹2561 cr16.1%20.0%0.2x
2023-1142.5x₹2561 cr16.1%20.0%0.2x
2023-1037.3x₹2561 cr16.1%20.0%0.2x
2023-0942.2x₹2561 cr16.1%20.0%0.2x
2023-0841.1x₹2561 cr16.1%20.0%0.2x
2023-0731.2x₹2561 cr16.1%20.0%0.2x
2023-0628.9x₹2561 cr16.1%20.0%0.2x
2023-0527.5x₹1754 cr15.1%20.0%0.0x
2023-0427.9x₹1754 cr15.1%20.0%0.0x
2023-0327.5x₹1754 cr15.1%20.0%0.0x
2023-0224.9x₹1754 cr15.1%20.0%0.0x
2023-0130.3x₹1754 cr15.1%20.0%0.0x
2022-1229.3x₹1754 cr15.1%20.0%0.0x
2022-1130.9x₹1754 cr15.1%20.0%0.0x
2022-1027.0x₹1754 cr15.1%20.0%0.0x
2022-0921.1x₹1754 cr15.1%20.0%0.0x
2022-0818.2x₹1754 cr15.1%20.0%0.0x
2022-0715.5x₹1754 cr15.1%20.0%0.0x
2022-0613.5x₹1754 cr15.1%20.0%0.0x
2022-0519.4x₹1141 cr13.4%21.0%0.0x
2022-0421.2x₹1141 cr13.4%21.0%0.0x
2022-0316.9x₹1141 cr13.4%21.0%0.0x
2022-0216.3x₹1141 cr13.4%21.0%0.0x
2022-0118.0x₹1141 cr13.4%21.0%0.0x
2021-1216.7x₹1141 cr13.4%21.0%0.0x
2021-1116.5x₹1141 cr13.4%21.0%0.0x
2021-1016.4x₹1141 cr13.4%21.0%0.0x
2021-0914.4x₹1141 cr13.4%21.0%0.0x
2021-0814.1x₹1141 cr13.4%21.0%0.0x
2021-0714.8x₹1141 cr13.4%21.0%0.0x
2021-0615.2x₹1141 cr13.4%21.0%0.0x
2021-0512.6x₹1433 cr15.7%22.0%0.0x
2021-0412.3x₹1433 cr15.7%22.0%0.0x
2021-0313.0x₹1433 cr15.7%22.0%0.0x
2021-0213.9x₹1433 cr15.7%22.0%0.0x
2021-0112.6x₹1433 cr15.7%22.0%0.0x
2020-1213.6x₹1433 cr15.7%22.0%0.0x
2020-1113.5x₹1433 cr15.7%22.0%0.0x
2020-1013.5x₹1433 cr15.7%22.0%0.0x
2020-0915.2x₹1433 cr15.7%22.0%0.0x
2020-0813.9x₹1433 cr15.7%22.0%0.0x
2020-0713.7x₹1433 cr15.7%22.0%0.0x
2020-0615.0x₹1433 cr15.7%22.0%0.0x
2020-0514.8x₹1386 cr10.6%18.0%0.0x
2020-0414.3x₹1386 cr10.6%18.0%0.0x
2020-0314.2x₹1386 cr10.6%18.0%0.0x
2020-0215.9x₹1386 cr10.6%18.0%0.0x
2020-0122.1x₹1386 cr10.6%18.0%0.0x
2019-1220.7x₹1386 cr10.6%18.0%0.0x
2019-1122.0x₹1386 cr10.6%18.0%0.0x
2019-1022.2x₹1386 cr10.6%18.0%0.0x
2019-0918.4x₹1386 cr10.6%18.0%0.0x
2019-0813.9x₹1386 cr10.6%18.0%0.0x
2019-0714.2x₹1386 cr10.6%18.0%0.0x
2019-0612.9x₹1386 cr10.6%18.0%0.0x
2019-0514.6x₹1347 cr9.0%12.0%0.0x
2019-0412.9x₹1347 cr9.0%12.0%0.0x
2019-0312.2x₹1347 cr9.0%12.0%0.0x
2019-0210.6x₹1347 cr9.0%12.0%0.0x
2019-0110.5x₹1347 cr9.0%12.0%0.0x

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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