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GTPL HATHWAY LIMITED (GTPL)

Communications · Specialty Telecommunications · 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.52 / 100
Profitability 46Growth 54Balance 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.32 / 100
Price 53Earnings 19FII/DII 22
Compare withINDUS TOWERSTATA TELESERVICES MAHARASHTRAONMOBILE GLOBAL

Share price

Closing priceAdjusted for splits and bonus issues.

₹54.29 latest close · −8.0% over the last 90 sessions

₹50₹55₹60Jul 3Jul 29Aug 24Sep 17Oct 14Nov 9 ₹50₹55₹60Jul 3Sep 4Nov 9

₹54.29 month-end · −43.5% over 12 months

₹60₹80₹100Nov '25Jan '26Apr '26Jun '26Sep '26Nov '26 ₹60₹80₹100Nov '25May '26Nov '26

₹54.29 month-end · −68.4% over 3 years

₹50₹100₹150₹200Nov '23Jun '24Jan '25Sep '25Apr '26Nov '26 ₹50₹100₹150₹200Nov '23May '25Nov '26

₹54.29 month-end · −30.9% since Jan '19

₹100₹200Jan '19Aug '20Mar '22Sep '23Apr '25Nov '26 ₹100₹200Jan '19Dec '22Nov '26

52-week range ₹49.06 to ₹104.40 · 1-year volatility 40.5%

Was the rally earned?

-44%share price, 1 yearEarnings-driven

Mostly earnings.

  • Per-share earnings took off 135 points, while the multiple moved less (P/E 24.4x to 81.0x).
  • The share count fell 10%.
Net profit growth: −142 pts. Points of the price return explained by net profit growing (or shrinking).−142 ptsNet profit growthP/E change: +91 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+91 ptsP/E changeShare count change: +8 pts. Points of the price return explained by the share count changing. More shares count against the price.+8 ptsShare count changeShare price: −43%−43%Share priceNet profit growth: −142 pts. Points of the price return explained by net profit growing (or shrinking).−142ProfitP/E change: +91 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+91P/EShare count change: +8 pts. Points of the price return explained by the share count changing. More shares count against the price.+8SharesShare price: −43%−43%Share price
Net profit growth-142 ptsNet profit fell about 85%, which lowers the price.
P/E change+91 ptsThe P/E rose from 24.4x to 81.0x, which lifts the price.
Share count change+8 ptsShare count fell 10%, which lifts the price.
-68%share price, 3 yearsEarnings-driven

Mostly earnings.

  • Per-share earnings took off 161 points, while the multiple moved less (P/E 16.9x to 81.0x).
  • The share count fell 23%.
Net profit growth: −177 pts. Points of the price return explained by net profit growing (or shrinking).−177 ptsNet profit growthP/E change: +93 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+93 ptsP/E changeShare count change: +15 pts. Points of the price return explained by the share count changing. More shares count against the price.+15 ptsShare count changeShare price: −68%−68%Share priceNet profit growth: −177 pts. Points of the price return explained by net profit growing (or shrinking).−177ProfitP/E change: +93 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+93P/EShare count change: +15 pts. Points of the price return explained by the share count changing. More shares count against the price.+15SharesShare price: −68%−68%Share price
Net profit growth-177 ptsNet profit fell about 95%, which lowers the price.
P/E change+93 ptsThe P/E rose from 16.9x to 81.0x, which lifts the price.
Share count change+15 ptsShare count fell 23%, which lifts the price.
-77%share price, 5 yearsEarnings-driven

Mostly earnings.

  • Per-share earnings took off 168 points, while the multiple moved less (P/E 14.3x to 81.0x).
  • The share count fell 24%.
Net profit growth: −182 pts. Points of the price return explained by net profit growing (or shrinking).−182 ptsNet profit growthP/E change: +91 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+91 ptsP/E changeShare count change: +14 pts. Points of the price return explained by the share count changing. More shares count against the price.+14 ptsShare count changeShare price: −77%−77%Share priceNet profit growth: −182 pts. Points of the price return explained by net profit growing (or shrinking).−182ProfitP/E change: +91 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+91P/EShare count change: +14 pts. Points of the price return explained by the share count changing. More shares count against the price.+14SharesShare price: −77%−77%Share price
Net profit growth-182 ptsNet profit fell about 97%, which lowers the price.
P/E change+91 ptsThe P/E rose from 14.3x to 81.0x, which lifts the price.
Share count change+14 ptsShare count fell 24%, 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.

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

Compare this with INDUS TOWERS

How rough has the ride been?

Maximum drawdown-82.9%not yet recovered
1-year volatility40.5%annualised
Beta vs sector index0.353-year daily, correlation 0.18
Volume spikes8last 90 sessions, 5x the 50-day median

Drawdown from peak

0%−25%−50%−75%2020202120222023202420252026−82.8% 0%−25%−50%−75%2020202220242026−82.8%
Largest drawdowns

-82.9% (2021-10 peak to 2026-08 low, not yet recovered)

-62.4% (2019-07 peak to 2020-03 low, recovered 2020-07)

-37.3% (2019-01 peak to 2019-07 low, recovered 2019-07)

Most recent volume spikes

2026-10-22: 9.2x the 50-day median, price +0.5% that day

2026-10-21: 9.9x the 50-day median, price -0.6% that day

2026-10-19: 10.8x the 50-day median, price -2.4% that day

Beta is the slope of daily returns against a market-cap-weighted index of the sector's other listed companies, built from today's constituents (so it excludes companies no longer listed).

Is it expensive against its own past and its peers?

81.0xP/E todayNear its historic high
Against its own history99th percentile
CheapestMedian 16.9xDearest

Usual range 8.4x to 41.0x since 2019-01.

Against Communications81.0x vs 42.0x
This company
81.0x
Sector median
42.0x

93% above the Communications median.

5.3x30.8x56.4x81.9xJan '19Aug '20Mar '22Oct '23May '25Nov '265.3x30.8x56.4x81.9xJan '19Sep '21May '24Nov '26
P/E (this company)10th to 90th percentile of its own historyIts medianCommunications median

The chart loads when you open this tab.

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

The chart loads when you open this tab.

P/S (this company)10th to 90th percentile of its own historyIts medianCommunications 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 Communications is valued

Where does it rank among Communications peers?

Each cell is the company's percentile rank among its Communications 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

  • ROCE46th▼ 4 pts vs a year ago
  • Op. margin46th▲ 8 pts vs a year ago
  • Revenue growth71st▲ 21 pts vs a year ago
  • EPS growth14thflat vs a year ago
  • Debt/equity ↓45th▼ 5 pts vs a year ago
  • Cash cycle ↓50th▼ 4 pts vs a year ago
  • P/E ↓11th▼ 51 pts vs a year ago
  • 12M momentum21st▼ 22 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 Communications sector page Watch it move against Communications in the Observatory

What is the price implying?

~-4%annual earnings growth implied by the price

At a P/E of 5.0x, the price would imply about −4.4%/yr earnings growth for 10 years under the same assumptions, but it is not ranked.

Below the ₹1,000 cr market-cap floor used for the lists.

“Implied growth” is what the current price would require under our stated assumptions, not what we expect.

The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov
₹54.29
P/E
81.0x
ROCE
3.0%
Market Cap
₹610 cr
Revenue (TTM)
₹3831 cr
P/S
0.2x
P/B
0.5x
ROE
0.7%
Operating Margin
10.3%
Debt / Equity
0.4x
Promoter Holding
75.0%
12M Momentum
-43.5%

52-week range

₹49.06₹104.40
9% of the way from its 52-week low to its high

Price risk

1Y volatility
40.5%
Beta vs sector
1-year daily
0.35

Balance sheet & cash

Interest cover
operating profit ÷ interest
1.2x
Cash from profit, 3Y
operating cash flow ÷ net profit
5.00x
Share count, 1Y
unchanged

Are profits backed by cash?

5 of 6checks within range1 beyond a threshold
Other income reliance300%Beyond threshold

Other income as a share of pre-tax profit (trailing twelve months): 300.0%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate27%Within range

Median quarterly effective tax rate over about 2.5 years: 27.5%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion7.32xWithin range

Operating cash flow divided by net profit over the last three fiscal years: 7.32x (cash from operations ₹1,267 cr, net profit ₹173 cr). Bands: 0.8x and above, 0.5x to 0.8x, below 0.5x.

Free cash flow4 of 5 yrsWithin range

Fiscal years with positive free cash flow in the last 5: 4. 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 (54 vs 50). 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—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, FIIs trimmed 1.5 pts.
  • The number of shareholders rose from 26,832 to 28,322 (+6%) between Sep 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupSep '23Jun '26Change
Promoters75.0%75.0%0.0 pts
FIIs8.7%7.2%-1.5 pts
DIIs0.0%0.0%0.0 pts
Public and others16.3%17.8%+1.5 pts

Number of shareholders

28,322shareholders+6% since Sep '23
27k28k29k29k Sep '23Jun '24Mar '25Dec '25Jun '26
Sep '23: 26,832
Dec '23: 27,670
Mar '24: 27,651
Jun '24: 28,146
Sep '24: 28,479
Dec '24: 28,276
Mar '25: 28,968
Jun '25: 29,427
Sep '25: 28,600
Dec '25: 27,990
Mar '26: 28,501
Jun '26: 28,322
 27k28k29k29k Sep '23Sep '24Sep '25Jun '26
Sep '23: 26,832
Dec '23: 27,670
Mar '24: 27,651
Jun '24: 28,146
Sep '24: 28,479
Dec '24: 28,276
Mar '25: 28,968
Jun '25: 29,427
Sep '25: 28,600
Dec '25: 27,990
Mar '26: 28,501
Jun '26: 28,322

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

−7.7%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 GTPL HATHWAY 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 −19% to +38% vs the market, against −9% for all non-financial companies in the same months.
  • The gap against the base rate (+1.5%, 80% range −3.6% to +7.8%) is within what chance and overlapping periods produce.

Where the 50 outcomes landed

−100%−50%0%+50%+100%
ALLCARGO · Nov 2024: −73.6% vs market
LOYALTEX · Nov 2023: −62.2% vs market
NECLIFE · Jul 2024: −45.1% vs market
ACLGATI · Jun 2024: −41.0% vs market
GENUSPAPER · Sep 2025: −38.1% vs market
EVERESTIND · Nov 2024: −37.9% vs market
NECCLTD · Jul 2025: −36.6% vs market
RELCHEMQ · Nov 2024: −30.2% vs market
GREENCHEF · Nov 2024: −26.9% vs market
TOTAL · Apr 2025: −25.6% vs market
BODALCHEM · Dec 2024: −24.5% vs market
KANORICHEM · Jun 2022: −19.3% vs market
DCMNVL · Jun 2025: −18.6% vs market
UFO · Feb 2025: −18.4% vs market
PARAGMILK · Jan 2022: −16.7% vs market
MAHLOG · May 2023: −16.4% vs market
BASML · Jul 2025: −16.1% vs market
DUCON · Apr 2024: −13.4% vs market
TNPL · Jun 2025: −12.4% vs market
JISLJALEQS · Sep 2024: −12.1% vs market
KOTARISUG · Sep 2025: −10.8% vs market
UCAL · Oct 2023: −10.4% vs market
STLTECH · Aug 2022: −8.9% vs market
LANDMARK · Apr 2025: −8.4% vs market
SUPERHOUSE · Oct 2025: −7.9% vs market
GRPLTD · Jun 2020: −7.5% vs market
MSPL · Aug 2021: −7.2% vs market
SAGCEM · Apr 2024: −6.0% vs market
INCREDIBLE · Jul 2022: −3.0% vs market
NAHARINDUS · Jun 2024: −1.3% vs market
DYNPRO · Jun 2024: +1.9% vs market
TVSSCS · Sep 2025: +4.4% vs market
DIAMONDYD · Aug 2024: +15.3% vs market
TEXRAIL · Jul 2021: +24.3% vs market
NAHARSPING · Aug 2025: +25.7% vs market
ORIENTBELL · May 2025: +34.4% vs market
TVSSRICHAK · Jun 2025: +35.8% vs market
DBOL · May 2025: +39.0% vs market
HTMEDIA · May 2020: +39.8% vs market
NDL · Aug 2023: +49.3% vs market
MANORG · Jun 2024: +58.5% vs market
CHENNPETRO · Jun 2025: +69.9% vs market
CEMPRO · Mar 2022: +74.2% vs market
RICOAUTO · Jun 2025: +78.2% vs market
BIRLACABLE · Aug 2025: +83.0% vs market
HPL · Jun 2022: +90.6% vs market
KANPRPLA · Jun 2024: +91.9% vs market
ISFT · Jan 2021: +125.0% vs market
RPSGVENT · Sep 2020: +157.7% vs market
MIRZAINT · Jun 2021: +330.6% vs market
Similar setups −7.7%All companies −9.2%← 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 · 3 beyond the range shown, drawn at the edge

Similar setups' median
−7.7%
All companies' median
−9.2%
Beat the market
40% vs 39%

50 past situations · 50 companies · 31 months · 2020–2025

The closest matches

CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
ACLGATI
Transportation		 Jun 2024 101x-1% −9%−34% −41%
NAHARSPING
Process Industries		 Aug 2025 63x4% −38%−38% +26%
TNPL
Process Industries		 Jun 2025 302x6% −38%−42% −12%
MANORG
Process Industries		 Jun 2024 72x4% −15%−23% +59%
KANORICHEM
Process Industries		 Jun 2022 73x4% −23%−47% −19%
Show the other 3 matches
CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
NDL
Process Industries		 Aug 2023 —5% −27%−40% +49%
RICOAUTO
Producer Manufacturing		 Jun 2025 48x8% −43%−46% +78%
GRPLTD
Producer Manufacturing		 Jun 2020 28x3% −36%−37% −8%
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, 12-month momentum and volatility. 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 GTPL HATHWAY 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.

HERANBA INDUSTRIESHERANBA
Process Industries
58%similar
market cappromoter holding
SHALBYSHALBY
Health Services
56%similar
revenue growthROCE
IFGL REFRACTORIESIFGLEXPOR
Producer Manufacturing
54%similar
revenue growthROCE
ORIENTAL AROMATICSOAL
Process Industries
53%similar
ROCEEPS growth
PSP PROJECTSPSPPROJECT
Industrial Services
52%similar
revenueEPS growth
ROUTE MOBILEROUTE
Communications
10%similar
promoter holdingrevenue
RAILTEL CORPORATION OF INDRAILTEL
Communications
9%similar
volatilitypromoter holding
TATA COMMUNICATIONSTATACOMM
Communications
4%similar
revenue growthEPS growth

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

What changed?

30 events since Dec '22

  1. OctPeer rankSlipped to the 3rd quartile of Communications on ROCE (from the 2nd quartile).
  2. OctPriceVolume reached 10.8x its 50-day median on 2026-10-19; price -2.4% that day.
  3. AugPriceFell 83% from the Oct 2021 peak to the Aug 2026 low.
  4. AugPriceVolume reached 27.1x its 50-day median on 2026-08-11; price -11.0% that day.
  5. JunValuationP/E crossed above the 90th percentile of its own history to date (42.1x).
  6. JunPeer rankSlipped to the bottom quartile of Communications on EPS growth (from the 3rd quartile).
  7. JunPriceVolume reached 8.7x its 50-day median on 2026-06-19; price +1.0% that day.
  8. JanPriceVolume reached 149.1x its 50-day median on 2026-01-13; price -8.0% that day.
Show 22 earlier events
  1. DecPeer rankMoved into the 3rd quartile of Communications on EPS growth (from the bottom quartile).
  2. OctPriceVolume reached 6.8x its 50-day median on 2025-10-14; price +0.9% that day.
  3. SepPeer rankSlipped to the bottom quartile of Communications on EPS growth (from the 3rd quartile).
  4. JulPriceVolume reached 19.1x its 50-day median on 2025-07-16; price +4.1% that day.
  5. JunPriceVolume reached 194.0x its 50-day median on 2025-06-19; price +10.9% that day.
  6. MarPeer rankSlipped to the 3rd quartile of Communications on EPS growth (from the 2nd quartile).
  7. JanPriceVolume reached 69.7x its 50-day median on 2025-01-09; price +8.5% that day.
  8. OctPriceVolume reached 7.5x its 50-day median on 2024-10-29; price +2.7% that day.
  9. SepPriceVolume reached 6.0x its 50-day median on 2024-09-26; price +2.2% that day.
  10. JunResultsRevenue (TTM) reached a new high of ₹3,212 cr.
  11. JunPeer rankSlipped to the 2nd quartile of Communications on ROCE (from the top quartile).
  12. AprPeer rankMoved into the top quartile of Communications on ROCE (from the 2nd quartile).
  13. AprPriceVolume reached 7.3x its 50-day median on 2024-04-16; price -0.3% that day.
  14. JanPriceVolume reached 17.6x its 50-day median on 2024-01-08; price +4.0% that day.
  15. OctPriceVolume reached 22.6x its 50-day median on 2023-10-03; price +9.3% that day.
  16. JulPriceVolume reached 48.9x its 50-day median on 2023-07-18; price +6.6% that day.
  17. JunResultsYear-on-year EPS growth turned negative.
  18. JunPeer rankSlipped to the 2nd quartile of Communications on ROCE (from the top quartile).
  19. AprPriceVolume reached 13.0x its 50-day median on 2023-04-17; price -9.7% that day.
  20. MarPeer rankMoved into the 2nd quartile of Communications on EPS growth (from the 3rd quartile).
  21. JanPriceVolume reached 8.8x its 50-day median on 2023-01-05; price +6.4% that day.
  22. DecPriceVolume reached 19.1x its 50-day median on 2022-12-29; price +1.2% that day.

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

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

Monthly history95 months · 2019-01 to 2026-11
MonthP/ERevenue (TTM)ROEROCEDebt / Equity
2026-1181.0x₹3831 cr0.7%3.0%0.4x
2026-1080.6x₹3831 cr0.7%3.0%0.4x
2026-0981.9x₹3831 cr0.7%3.0%0.4x
2026-0839.8x₹3719 cr1.3%3.0%0.4x
2026-0741.3x₹3719 cr1.3%3.0%0.4x
2026-0642.1x₹3719 cr1.3%3.0%0.4x
2026-0517.6x₹3686 cr3.8%6.0%0.3x
2026-0417.6x₹3686 cr3.8%6.0%0.3x
2026-0314.7x₹3686 cr3.8%6.0%0.3x
2026-0215.6x₹3641 cr3.6%6.0%0.3x
2026-0121.0x₹3641 cr3.6%6.0%0.3x
2025-1226.6x₹3641 cr3.6%6.0%0.3x
2025-1124.4x₹3538 cr4.2%6.0%0.3x
2025-1025.9x₹3538 cr4.2%6.0%0.3x
2025-0926.5x₹3538 cr4.2%6.0%0.3x
2025-0826.1x₹3477 cr5.0%6.0%0.3x
2025-0727.1x₹3477 cr5.0%6.0%0.3x
2025-0627.3x₹3477 cr5.0%6.0%0.3x
2025-0524.2x₹3394 cr5.5%12.0%0.2x
2025-0422.6x₹3394 cr5.5%12.0%0.2x
2025-0323.3x₹3394 cr5.5%12.0%0.2x
2025-0218.0x₹3358 cr7.1%12.0%0.2x
2025-0119.4x₹3358 cr7.1%12.0%0.2x
2024-1223.3x₹3358 cr7.1%12.0%0.2x
2024-1118.6x₹3281 cr9.3%12.0%0.2x
2024-1019.0x₹3281 cr9.3%12.0%0.2x
2024-0921.2x₹3281 cr9.3%12.0%0.2x
2024-0816.8x₹3212 cr11.4%12.0%0.2x
2024-0717.0x₹3212 cr11.4%12.0%0.2x
2024-0617.8x₹3212 cr11.4%12.0%0.2x
2024-0515.6x₹2664 cr13.3%15.0%0.1x
2024-0416.9x₹2664 cr13.3%15.0%0.1x
2024-0315.9x₹2664 cr13.3%15.0%0.1x
2024-0217.9x₹2664 cr13.3%15.0%0.1x
2024-0118.6x₹2664 cr13.3%15.0%0.1x
2023-1218.2x₹2664 cr13.3%15.0%0.1x
2023-1116.9x₹2664 cr13.3%15.0%0.1x
2023-1015.2x₹2664 cr13.3%15.0%0.1x
2023-0916.2x₹2664 cr13.3%15.0%0.1x
2023-0814.5x₹2664 cr13.3%15.0%0.1x
2023-0712.7x₹2664 cr13.3%15.0%0.1x
2023-0610.6x₹2664 cr13.3%15.0%0.1x
2023-055.8x₹2414 cr25.0%27.0%0.1x
2023-045.7x₹2414 cr25.0%27.0%0.1x
2023-035.3x₹2414 cr25.0%27.0%0.1x
2023-026.0x₹2414 cr25.0%27.0%0.1x
2023-016.8x₹2414 cr25.0%27.0%0.1x
2022-127.6x₹2414 cr25.0%27.0%0.1x
2022-117.6x₹2414 cr25.0%27.0%0.1x
2022-107.6x₹2414 cr25.0%27.0%0.1x
2022-098.3x₹2414 cr25.0%27.0%0.1x
2022-089.3x₹2414 cr25.0%27.0%0.1x
2022-078.6x₹2414 cr25.0%27.0%0.1x
2022-067.9x₹2414 cr25.0%27.0%0.1x
2022-059.4x₹2467 cr28.1%31.0%0.2x
2022-0410.9x₹2467 cr28.1%31.0%0.2x
2022-0310.0x₹2467 cr28.1%31.0%0.2x
2022-0211.5x₹2467 cr28.1%31.0%0.2x
2022-0114.1x₹2467 cr28.1%31.0%0.2x
2021-1215.2x₹2467 cr28.1%31.0%0.2x
2021-1114.3x₹2467 cr28.1%31.0%0.2x
2021-1015.0x₹2467 cr28.1%31.0%0.2x
2021-0914.7x₹2467 cr28.1%31.0%0.2x
2021-0813.3x₹2467 cr28.1%31.0%0.2x
2021-0711.0x₹2467 cr28.1%31.0%0.2x
2021-0610.5x₹2467 cr28.1%31.0%0.2x
2021-0519.3x₹2384 cr14.2%27.0%0.3x
2021-0418.0x₹2384 cr14.2%27.0%0.3x
2021-0316.7x₹2384 cr14.2%27.0%0.3x
2021-0217.1x₹2384 cr14.2%27.0%0.3x
2021-0117.8x₹2384 cr14.2%27.0%0.3x
2020-1218.7x₹2384 cr14.2%27.0%0.3x
2020-1116.8x₹2384 cr14.2%27.0%0.3x
2020-1015.9x₹2384 cr14.2%27.0%0.3x
2020-0912.1x₹2384 cr14.2%27.0%0.3x
2020-0813.7x₹2384 cr14.2%27.0%0.3x
2020-0711.9x₹2384 cr14.2%27.0%0.3x
2020-069.4x₹2384 cr14.2%27.0%0.3x
2020-0525.3x₹1246 cr4.4%18.0%0.5x
2020-0427.3x₹1246 cr4.4%18.0%0.5x
2020-0324.0x₹1246 cr4.4%18.0%0.5x
2020-0235.3x₹1246 cr4.4%18.0%0.5x
2020-0141.3x₹1246 cr4.4%18.0%0.5x
2019-1242.2x₹1246 cr4.4%18.0%0.5x
2019-1138.6x₹1246 cr4.4%18.0%0.5x
2019-1041.7x₹1246 cr4.4%18.0%0.5x
2019-0940.6x₹1246 cr4.4%18.0%0.5x
2019-0842.2x₹1246 cr4.4%18.0%0.5x
2019-0746.4x₹1246 cr4.4%18.0%0.5x
2019-0632.8x₹1246 cr4.4%18.0%0.5x
2019-0512.1x₹1091 cr10.0%15.0%0.5x
2019-0411.5x₹1091 cr10.0%15.0%0.5x
2019-0312.3x₹1091 cr10.0%15.0%0.5x
2019-0214.1x₹1091 cr10.0%15.0%0.5x
2019-0114.5x₹1091 cr10.0%15.0%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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