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INDIAMART INTERMESH LIMITED (INDIAMART)

Retail Trade · Internet Retail · 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 93Growth 61Balance 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.22 / 100
Price 29Earnings 26FII/DII 12

Passes these screensCash RichQuality CompounderDebt-light & profitableConsistent compounders

Compare withMEESHOFSN ECOMMERCE VENTURES NYKAAVEDANT FASHIONS

Share price

Closing priceAdjusted for splits and bonus issues.

₹1,542.9 latest close · −17.9% over the last 90 sessions

₹1,600₹1,800Jul 3Jul 29Aug 24Sep 17Oct 14Nov 9 ₹1,600₹1,800Jul 3Sep 4Nov 9

₹1,542.9 month-end · −33.2% over 12 months

₹1,500₹1,750₹2,000₹2,250Nov '25Jan '26Apr '26Jun '26Sep '26Nov '26 ₹1,500₹1,750₹2,000₹2,250Nov '25May '26Nov '26

₹1,542.9 month-end · −40.7% over 3 years

₹1,500₹2,000₹2,500₹3,000Nov '23Jun '24Jan '25Sep '25Apr '26Nov '26 ₹1,500₹2,000₹2,500₹3,000Nov '23May '25Nov '26

₹1,542.9 month-end · +156.4% since Jul '19

₹2,000₹4,000Jul '19Jan '21Jun '22Dec '23May '25Nov '26 ₹2,000₹4,000Jul '19Mar '23Nov '26

52-week range ₹1465.40 to ₹2525.90 · 1-year volatility 24.5%

Was the rally earned?

-33%share price, 1 yearEarnings and multiple

Both mattered.

  • Per-share earnings took off 15 points and the multiple took off 18 points (P/E 23.5x to 18.8x).
  • The share count barely moved.
Net profit growth: −15 pts. Points of the price return explained by net profit growing (or shrinking).−15 ptsNet profit growthP/E change: −18 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−18 ptsP/E changeShare count change: 0 pts. Points of the price return explained by the share count changing. More shares count against the price.0 ptsShare count changeShare price: −33%−33%Share priceNet profit growth: −15 pts. Points of the price return explained by net profit growing (or shrinking).−15ProfitP/E change: −18 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−18P/EShare count change: 0 pts. Points of the price return explained by the share count changing. More shares count against the price.0SharesShare price: −33%−33%Share price
Net profit growth-15 ptsNet profit fell about 16%, which lowers the price.
P/E change-18 ptsThe P/E fell from 23.5x to 18.8x, which lowers the price.
Share count change0 ptsShare count was little changed. More shares would count against the price.
-41%share price, 3 yearsLower P/E held it back

Earnings helped, the multiple did not.

  • Per-share earnings added 45 points, but investors now pay less per rupee of profit (P/E 56.1x to 18.8x), which took 85 points back.
  • The share count barely moved.
Net profit growth: +43 pts. Points of the price return explained by net profit growing (or shrinking).+43 ptsNet profit growthP/E change: −85 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−85 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: −41%−41%Share priceNet profit growth: +43 pts. Points of the price return explained by net profit growing (or shrinking).+43ProfitP/E change: −85 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−85P/EShare count change: +1 pts. Points of the price return explained by the share count changing. More shares count against the price.+1SharesShare price: −41%−41%Share price
Net profit growth+43 ptsNet profit rose about 74%, which lifts the price.
P/E change-85 ptsThe P/E fell from 56.1x to 18.8x, which lowers the price.
Share count change+1 ptsShare count was little changed. More shares would count against the price.
-59%share price, 5 yearsLower P/E held it back

Earnings helped, the multiple did not.

  • Per-share earnings added 38 points, but investors now pay less per rupee of profit (P/E 80.9x to 18.8x), which took 97 points back.
  • The share count barely moved.
Net profit growth: +38 pts. Points of the price return explained by net profit growing (or shrinking).+38 ptsNet profit growthP/E change: −97 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−97 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: −59%−59%Share priceNet profit growth: +38 pts. Points of the price return explained by net profit growing (or shrinking).+38ProfitP/E change: −97 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−97P/EShare count change: +1 pts. Points of the price return explained by the share count changing. More shares count against the price.+1SharesShare price: −59%−59%Share price
Net profit growth+38 ptsNet profit rose about 76%, which lifts the price.
P/E change-97 ptsThe P/E fell from 80.9x to 18.8x, which lowers 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 MEESHO

How rough has the ride been?

Maximum drawdown-69.6%not yet recovered
1-year volatility24.5%annualised
Beta vs sector index0.523-year daily, correlation 0.34
Volume spikes3last 90 sessions, 5x the 50-day median

Drawdown from peak

0%−20%−40%−60%2020202120222023202420252026−69.6% 0%−20%−40%−60%2020202220242026−69.6%
Largest drawdowns

-69.6% (2021-02 peak to 2026-10 low, not yet recovered)

-34.5% (2020-02 peak to 2020-03 low, recovered 2020-07)

-23.4% (2019-10 peak to 2019-11 low, recovered 2020-01)

Most recent volume spikes

2026-10-30: 5.3x the 50-day median, price -3.7% that day

2026-09-18: 7.5x the 50-day median, price -1.0% that day

2026-07-22: 8.5x the 50-day median, price -5.1% 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?

18.8xP/E todayNear its historic low
Against its own history2nd percentile
CheapestMedian 53.3xDearest

Usual range 23.7x to 188.1x since 2019-07.

Against Retail Trade18.8x vs 22.4x
This company
18.8x
Sector median
22.4x

16% below the Retail Trade median.

18.1x130.0x242.0x353.9xJul '19Jan '21Jul '22Jan '24Jul '25Nov '2618.1x130.0x242.0x353.9xJul '19Jan '22Jul '24Nov '26
P/E (this company)10th to 90th percentile of its own historyIts medianRetail Trade median

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

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P/S (this company)10th to 90th percentile of its own historyIts medianRetail Trade 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 Retail Trade is valued

Where does it rank among Retail Trade peers?

Each cell is the company's percentile rank among its Retail Trade 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

  • ROCE90th▼ 8 pts vs a year ago
  • Op. margin96thflat vs a year ago
  • Revenue growth31st▼ 30 pts vs a year ago
  • EPS growth16th▼ 73 pts vs a year ago
  • Debt/equity ↓92ndflat vs a year ago
  • Cash cycle ↓92ndflat vs a year ago
  • P/E ↓62nd▼ 5 pts vs a year ago
  • 12M momentum21st▼ 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 Retail Trade sector page Watch it move against Retail Trade in the Observatory

What is the price implying?

~15%annual earnings growth implied by the price

At a P/E of 23.9x, the price would imply about 15.1%/yr earnings growth for 10 years under the same assumptions, but it is not ranked.

Fewer than six years of annual earnings are available, which is too little to measure delivered growth.

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

What prices imply across Retail Trade The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov
₹1542.90
P/E
18.8x
ROCE
28.0%
Market Cap
₹9280 cr
Revenue (TTM)
₹1611 cr
P/S
5.8x
P/B
3.9x
ROE
20.6%
Operating Margin
32.0%
Debt / Equity
0.0x
Promoter Holding
49.1%
12M Momentum
-33.2%

52-week range

₹1465.40₹2525.90
7% of the way from its 52-week low to its high

Price risk

1Y volatility
24.5%
Beta vs sector
1-year daily
0.32

Balance sheet & cash

Interest cover
operating profit ÷ interest
100.0x
Cash from profit, 3Y
operating cash flow ÷ net profit
1.38x
Share count, 1Y
unchanged

Are profits backed by cash?

5 of 6checks within range1 near a threshold
Other income reliance32%Near threshold

Other income as a share of pre-tax profit (trailing twelve months): 32.3%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate25%Within range

Median quarterly effective tax rate over about 2.5 years: 25.0%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion1.38xWithin range

Operating cash flow divided by net profit over the last three fiscal years: 1.38x (cash from operations ₹1,876 cr, net profit ₹1,360 cr). Bands: 0.8x and above, 0.5x to 0.8x, below 0.5x.

Free cash flow5 of 5 yrsWithin range

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

Receivable days vs history0 daysWithin range

Debtor days are below the median of the previous three fiscal years by 0 days (1 vs 1). Bands: under 15 days, 15 to 45, over 45.

Capital work in progress0% of fixed assetsWithin range

Capital work-in-progress is 0% 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 7.4 pts; DIIs added 6.6 pts.
  • The number of shareholders fell from 1.7 lakh to 1.6 lakh (-9%) between Sep 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupSep '23Jun '26Change
Promoters49.2%49.1%-0.1 pts
FIIs27.3%19.9%-7.4 pts
DIIs5.5%12.1%+6.6 pts
Public and others17.9%18.9%+1.0 pts

Number of shareholders

1.6 lakhshareholders-9% since Sep '23
1.5L1.6L1.6L1.7L Sep '23Jun '24Mar '25Dec '25Jun '26
Sep '23: 1.7 lakh
Dec '23: 1.7 lakh
Mar '24: 1.6 lakh
Jun '24: 1.6 lakh
Sep '24: 1.5 lakh
Dec '24: 1.7 lakh
Mar '25: 1.7 lakh
Jun '25: 1.7 lakh
Sep '25: 1.6 lakh
Dec '25: 1.6 lakh
Mar '26: 1.6 lakh
Jun '26: 1.6 lakh
 1.5L1.6L1.6L1.7L Sep '23Sep '24Sep '25Jun '26
Sep '23: 1.7 lakh
Dec '23: 1.7 lakh
Mar '24: 1.6 lakh
Jun '24: 1.6 lakh
Sep '24: 1.5 lakh
Dec '24: 1.7 lakh
Mar '25: 1.7 lakh
Jun '25: 1.7 lakh
Sep '25: 1.6 lakh
Dec '25: 1.6 lakh
Mar '26: 1.6 lakh
Jun '26: 1.6 lakh

Quarterly shareholding as reported, labelled by the quarter it covers (it becomes visible about two months later).
Shareholder counts are only available for recent quarters.

This quarter's smart-money board

What happened next to similar setups

−5.6%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 INDIAMART INTERMESH 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 −18% to +15% vs the market, against −4% for all non-financial companies in the same months.
  • The gap against the base rate (−1.6%, 80% range −10.4% to +2.6%) is within what chance and overlapping periods produce.

Where the 50 outcomes landed

−100%−50%0%+50%+100%
ARE&M · Apr 2021: −43.9% vs market
JYOTHYLAB · Jul 2025: −43.2% vs market
ATUL · May 2023: −41.9% vs market
CELLO · Aug 2025: −39.4% vs market
BAJAJCON · Sep 2021: −38.4% vs market
SANOFI · Sep 2025: −34.6% vs market
TTKPRESTIG · May 2023: −31.3% vs market
WONDERLA · May 2025: −29.5% vs market
OFSS · Dec 2021: −27.8% vs market
AIAENG · Feb 2021: −25.6% vs market
CLEAN · Oct 2025: −25.0% vs market
ROLEXRINGS · Feb 2025: −19.5% vs market
VINATIORGA · Oct 2023: −18.1% vs market
DIVISLAB · Mar 2023: −17.9% vs market
IPCALAB · Jan 2022: −17.3% vs market
INDIGOPNTS · Jun 2024: −17.1% vs market
PIIND · Dec 2024: −16.8% vs market
SKFINDIA · Nov 2023: −15.8% vs market
TVTODAY · Jan 2020: −15.4% vs market
FCL · Mar 2025: −14.0% vs market
KKCL · Jul 2024: −13.2% vs market
ERIS · Jan 2022: −12.0% vs market
VGUARD · Dec 2020: −11.8% vs market
ADVENZYMES · Feb 2022: −11.8% vs market
SUNTV · Dec 2021: −6.1% vs market
BAJAJ-AUTO · Jul 2021: −5.0% vs market
DEEPAKNTR · Oct 2023: −4.8% vs market
GRINDWELL · Feb 2025: −2.1% vs market
FDC · Feb 2022: −1.7% vs market
PGHL · Dec 2022: −1.4% vs market
MAYURUNIQ · Jan 2020: +1.9% vs market
GREAVESCOT · May 2020: +4.5% vs market
ICRA · Jan 2024: +4.7% vs market
SUMICHEM · Nov 2023: +4.8% vs market
CARERATING · Jan 2022: +7.2% vs market
GLAXO · Nov 2022: +8.4% vs market
IGL · Jun 2022: +10.8% vs market
SCHAEFFLER · Mar 2024: +15.9% vs market
AJANTPHARM · Apr 2022: +16.0% vs market
GPPL · Apr 2025: +16.5% vs market
EMAMILTD · Feb 2024: +18.5% vs market
FINCABLES · May 2020: +19.3% vs market
CUMMINSIND · May 2020: +20.1% vs market
CRISIL · Jul 2024: +28.5% vs market
ASTRAZEN · Mar 2022: +34.2% vs market
MANKIND · Jul 2024: +34.4% vs market
INGERRAND · Feb 2021: +48.9% vs market
HAPPYFORGE · Apr 2025: +64.1% vs market
SUPREMEIND · Aug 2022: +107.2% vs market
NEWGEN · Jan 2023: +186.1% vs market
Similar setups −5.6%All companies −4.0%← worse than the marketbetter than the market →

Each dot is one past situation (hover or tap for details) · Solid dots are the closest matches, listed below · Shaded is the middle half of all companies in the same months · 2 beyond the range shown, drawn at the edge

Similar setups' median
−5.6%
All companies' median
−4.0%
Beat the market
40% vs 45%

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

The closest matches

CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
CELLO
Consumer Durables		 Aug 2025 35x24% −40%−41% −39%
AJANTPHARM
Health Technology		 Apr 2022 23x32% −7%−28% +16%
VINATIORGA
Process Industries		 Oct 2023 42x28% −9%−20% −18%
SUMICHEM
Process Industries		 Nov 2023 41x29% −14%−18% +5%
GLAXO
Health Technology		 Nov 2022 13x37% −20%−29% +8%
Show the other 3 matches
CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
ARE&M
Producer Manufacturing		 Apr 2021 21x23% +42%−20% −44%
ERIS
Health Technology		 Jan 2022 27x27% +15%−17% −12%
FINCABLES
Producer Manufacturing		 May 2020 8x24% −53%−55% +19%
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, debt/equity and ROCE. 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 INDIAMART INTERMESH 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.

GUJARAT PIPAVAV PORTGPPL
Transportation
78%similar
ROCEEPS growth
ICRAICRA
Commercial Services
74%similar
operating marginvolatility
INDIAN ENERGY EXCHANGEIEX
Finance
70%similar
debt/equitymarket cap
EIHEIHOTEL
Consumer Services
68%similar
volatilityoperating margin
SANOFI INDIASANOFI
Health Technology
67%similar
P/Evolatility
REDTAPEREDTAPE
Retail Trade
25%similar
revenue growthEPS growth
ETHOSETHOSLTD
Retail Trade
19%similar
revenuepromoter holding
TRENTTRENT
Retail Trade
15%similar
ROCEpromoter holding

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

What changed?

30 events since Jun '22

  1. OctPriceFell 70% from the Feb 2021 peak to the Oct 2026 low.
  2. OctPriceVolume reached 5.3x its 50-day median on 2026-10-30; price -3.7% that day.
  3. JulPriceVolume reached 8.5x its 50-day median on 2026-07-22; price -5.1% that day.
  4. JunResultsYear-on-year EPS growth turned negative.
  5. JunPeer rankSlipped to the bottom quartile of Retail Trade on EPS growth (from the 2nd quartile).
  6. JanPriceVolume reached 20.9x its 50-day median on 2026-01-16; price +8.3% that day.
  7. DecPeer rankSlipped to the 2nd quartile of Retail Trade on EPS growth (from the top quartile).
  8. NovPriceVolume reached 5.2x its 50-day median on 2025-11-20; price -0.9% that day.
Show 22 earlier events
  1. JulPriceVolume reached 7.8x its 50-day median on 2025-07-14; price +5.3% that day.
  2. JunPriceVolume reached 10.8x its 50-day median on 2025-06-25; price +6.6% that day.
  3. MarPeer rankMoved into the top quartile of Retail Trade on EPS growth (from the 2nd quartile).
  4. JanPriceVolume reached 13.7x its 50-day median on 2025-01-22; price -6.6% that day.
  5. OctValuationP/E fell below the 10th percentile of its own history to date (41.1x).
  6. OctPriceVolume reached 25.1x its 50-day median on 2024-10-21; price -16.7% that day.
  7. JulPriceVolume reached 7.2x its 50-day median on 2024-07-31; price -6.6% that day.
  8. JunResultsYear-on-year EPS growth turned positive.
  9. JunPeer rankMoved into the top quartile of Retail Trade on ROCE (from the 2nd quartile).
  10. JunSharesShare count is up 93.5% over 12 months.
  11. MayPriceVolume reached 24.8x its 50-day median on 2024-05-02; price +8.2% that day.
  12. MarPriceVolume reached 6.3x its 50-day median on 2024-03-12; price +2.6% that day.
  13. DecPeer rankSlipped to the 2nd quartile of Retail Trade on ROCE (from the top quartile).
  14. DecPriceVolume reached 6.4x its 50-day median on 2023-12-12; price +2.7% that day.
  15. OctPeer rankMoved into the top quartile of Retail Trade on ROCE (from the 2nd quartile).
  16. AugPeer rankSlipped to the 2nd quartile of Retail Trade on ROCE (from the top quartile).
  17. JulPriceVolume reached 18.2x its 50-day median on 2023-07-21; price +8.6% that day.
  18. JunResultsYear-on-year EPS growth turned negative.
  19. MayPriceVolume reached 6.2x its 50-day median on 2023-05-04; price +5.3% that day.
  20. JanPriceVolume reached 5.9x its 50-day median on 2023-01-20; price +1.6% that day.
  21. NovValuationP/E fell below the 10th percentile of its own history to date (45.0x).
  22. JunResultsRevenue (TTM) reached a new high of ₹753 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 history89 months · 2019-07 to 2026-11
MonthP/ERevenue (TTM)ROEROCEDebt / Equity
2026-1118.8x₹1611 cr20.6%28.0%0.0x
2026-1018.1x₹1611 cr20.5%28.0%0.0x
2026-0919.8x₹1611 cr20.5%28.0%0.0x
2026-0822.2x₹1569 cr19.8%28.0%0.0x
2026-0722.8x₹1569 cr19.8%28.0%0.0x
2026-0624.1x₹1569 cr19.8%28.0%0.0x
2026-0520.0x₹1520 cr27.7%34.0%0.0x
2026-0420.9x₹1520 cr27.7%34.0%0.0x
2026-0319.7x₹1520 cr27.7%34.0%0.0x
2026-0223.8x₹1472 cr24.7%34.0%0.0x
2026-0124.6x₹1472 cr24.7%34.0%0.0x
2025-1224.8x₹1472 cr24.7%34.0%0.0x
2025-1123.5x₹1429 cr27.0%34.0%0.0x
2025-1025.0x₹1429 cr27.0%34.0%0.0x
2025-0924.0x₹1429 cr27.0%34.0%0.0x
2025-0828.3x₹1388 cr25.2%34.0%0.0x
2025-0728.2x₹1388 cr25.2%34.0%0.0x
2025-0628.3x₹1388 cr25.2%34.0%0.0x
2025-0529.8x₹1348 cr27.1%24.0%0.0x
2025-0429.5x₹1348 cr27.1%24.0%0.0x
2025-0326.4x₹1348 cr27.1%24.0%0.0x
2025-0227.4x₹1299 cr24.8%24.0%0.0x
2025-0128.8x₹1299 cr24.8%24.0%0.0x
2024-1231.3x₹1299 cr24.8%24.0%0.0x
2024-1138.5x₹1246 cr21.0%24.0%0.0x
2024-1041.1x₹1246 cr21.0%24.0%0.0x
2024-0948.5x₹1246 cr21.0%24.0%0.0x
2024-0853.9x₹1197 cr19.2%24.0%0.0x
2024-0752.9x₹1197 cr19.2%24.0%0.0x
2024-0648.1x₹1197 cr19.2%24.0%0.0x
2024-0552.1x₹985 cr13.8%19.0%0.0x
2024-0457.0x₹985 cr13.8%19.0%0.0x
2024-0357.0x₹985 cr13.8%19.0%0.0x
2024-0257.2x₹985 cr13.8%19.0%0.0x
2024-0154.4x₹985 cr13.8%19.0%0.0x
2023-1258.7x₹985 cr13.8%19.0%0.0x
2023-1156.1x₹985 cr13.8%19.0%0.0x
2023-1057.1x₹985 cr13.8%19.0%0.0x
2023-0962.0x₹985 cr13.8%19.0%0.0x
2023-0866.0x₹985 cr13.8%19.0%0.0x
2023-0767.1x₹985 cr13.8%19.0%0.0x
2023-0660.7x₹985 cr13.8%19.0%0.0x
2023-0557.3x₹753 cr15.9%22.0%0.0x
2023-0455.1x₹753 cr15.9%22.0%0.0x
2023-0351.5x₹753 cr15.9%22.0%0.0x
2023-0249.8x₹753 cr15.9%22.0%0.0x
2023-0146.6x₹753 cr15.9%22.0%0.0x
2022-1244.3x₹753 cr15.9%22.0%0.0x
2022-1145.0x₹753 cr15.9%22.0%0.0x
2022-1047.1x₹753 cr15.9%22.0%0.0x
2022-0945.8x₹753 cr15.9%22.0%0.0x
2022-0845.3x₹753 cr15.9%22.0%0.0x
2022-0743.7x₹753 cr15.9%22.0%0.0x
2022-0639.1x₹753 cr15.9%22.0%0.0x
2022-0549.4x₹670 cr17.4%39.0%0.0x
2022-0453.3x₹670 cr17.4%39.0%0.0x
2022-0346.9x₹670 cr17.4%39.0%0.0x
2022-0251.8x₹670 cr17.4%39.0%0.0x
2022-0154.1x₹670 cr17.4%39.0%0.0x
2021-1270.3x₹670 cr17.4%39.0%0.0x
2021-1180.9x₹670 cr17.4%39.0%0.0x
2021-1077.5x₹670 cr17.4%39.0%0.0x
2021-0990.9x₹670 cr17.4%39.0%0.0x
2021-0885.1x₹670 cr17.4%39.0%0.0x
2021-0777.5x₹670 cr17.4%39.0%0.0x
2021-0675.9x₹670 cr17.4%39.0%0.0x
2021-05144.5x₹639 cr53.5%84.0%0.3x
2021-04155.9x₹639 cr53.5%84.0%0.3x
2021-03151.7x₹639 cr53.5%84.0%0.3x
2021-02168.5x₹639 cr53.5%84.0%0.3x
2021-01153.0x₹639 cr53.5%84.0%0.3x
2020-12125.6x₹639 cr53.5%84.0%0.3x
2020-1199.9x₹639 cr53.5%84.0%0.3x
2020-1095.0x₹639 cr53.5%84.0%0.3x
2020-0997.9x₹639 cr53.5%84.0%0.3x
2020-0872.3x₹639 cr53.5%84.0%0.3x
2020-0755.5x₹639 cr53.5%84.0%0.3x
2020-0645.6x₹639 cr53.5%84.0%0.3x
2020-05353.9x₹507 cr12.5%—0.0x
2020-04321.1x₹507 cr12.5%—0.0x
2020-03276.6x₹507 cr12.5%—0.0x
2020-02343.7x₹507 cr12.5%—0.0x
2020-01333.5x₹507 cr12.5%—0.0x
2019-12295.1x₹507 cr12.5%—0.0x
2019-11307.9x₹507 cr12.5%—0.0x
2019-10265.5x₹507 cr12.5%—0.0x
2019-09252.7x₹507 cr12.5%—0.0x
2019-08171.4x₹507 cr12.5%—0.0x
2019-07172.0x₹507 cr12.5%—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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