अApnaFunda

INTENSE TECHNOLOGIES (INTENTECH)

Technology Services · Information Technology Services · 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.57 / 100
Profitability 22Growth 48Balance sheet 100

Share price

Closing priceAdjusted for splits and bonus issues.

₹83.67 latest close · −15.9% over the last 90 sessions

₹80₹90₹100Jul 3Jul 29Aug 24Sep 17Oct 14Nov 9 ₹80₹90₹100Jul 3Sep 4Nov 9

₹83.67 month-end · −36.2% over 12 months

₹80₹100₹120Nov '25Jan '26Apr '26Jun '26Sep '26Nov '26 ₹80₹100₹120Nov '25May '26Nov '26

₹83.67 month-end · −25.0% over 3 years

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

₹83.67 month-end · +104.6% since Jan '19

₹50₹100₹150Jan '19Aug '20Mar '22Sep '23Apr '25Nov '26 ₹50₹100₹150Jan '19Dec '22Nov '26

52-week range ₹66.30 to ₹142.80 · 1-year volatility 47.6%

How rough has the ride been?

Maximum drawdown-75.4%recovered 2020-08
1-year volatility47.6%annualised

Drawdown from peak

0%−20%−40%−60%2020202120222023202420252026−72.2% 0%−20%−40%−60%2020202220242026−72.2%
Largest drawdowns

-75.4% (2019-03 peak to 2020-03 low, recovered 2020-08)

-60.0% (2024-07 peak to 2026-03 low, not yet recovered)

-53.1% (2021-07 peak to 2023-03 low, recovered 2023-11)

Where does it rank among Technology Services peers?

Each cell is the company's percentile rank among its Technology Services 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

  • ROCE32nd▼ 14 pts vs a year ago
  • Op. margin13th▼ 15 pts vs a year ago
  • Revenue growth9th▼ 39 pts vs a year ago
  • EPS growth5th▼ 19 pts vs a year ago
  • Debt/equity ↓96thflat vs a year ago
  • Cash cycle ↓24th▲ 14 pts vs a year ago
  • P/E ↓50th▼ 38 pts vs a year ago
  • 12M momentum27th▼ 51 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 Technology Services sector page Watch it move against Technology Services in the Observatory

What is the price implying?

Trailing earnings per share are negative, so a P/E-based figure does not exist. See the loss-makers list on the Expectations Gap page for a revenue-based version.

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

What prices imply across Technology Services The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov
₹83.67
ROCE
8.0%
Market Cap
₹197 cr
Revenue (TTM)
₹125 cr
P/S
1.6x
P/B
1.6x
ROE
-12.7%
Operating Margin
2.0%
Debt / Equity
0.0x
Promoter Holding
4.7%
12M Momentum
-36.2%

52-week range

₹66.30₹142.80
23% of the way from its 52-week low to its high

Price risk

1Y volatility
47.6%
Beta vs sector
1-year daily
0.64

Balance sheet & cash

Debt service
no meaningful debt
Cash from profit, 3Y
operating cash flow ÷ net profit
3.44x
Share count, 1Y
unchanged

Are profits backed by cash?

3 of 4checks within range1 near a threshold
Other income reliance—Not enough data

Not enough reported data to compute this.

Tax rate—Not enough data

Not enough reported data to compute this.

Cash conversion3.44xWithin range

Operating cash flow divided by net profit over the last three fiscal years: 3.44x (cash from operations ₹55 cr, net profit ₹16 cr). Bands: 0.8x and above, 0.5x to 0.8x, below 0.5x.

Free cash flow3 of 5 yrsNear threshold

Fiscal years with positive free cash flow in the last 5: 3. Bands: at least 80% of years, 40% to 80%, below 40%.

Receivable days vs history-45 daysWithin range

Debtor days are below the median of the previous three fiscal years by 45 days (119 vs 164). Bands: under 15 days, 15 to 45, over 45.

Capital work in progress20% of fixed assetsWithin range

Capital work-in-progress is 20% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.

Payable days—Not enough data

Not enough reported data to compute this.

Tap a check to see how it is measured

How to read this

Each check is a named rule with fixed thresholds, not a score. Annual statements are the latest restated figures, so a past year may differ from what was originally reported.

All terms explained in the glossary →

Who has been buying and selling?

  • Over 3 years, promoters trimmed 16.0 pts; FIIs added 6.9 pts.
  • The number of shareholders fell from 20,367 to 16,649 (-18%) between Sep 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupSep '23Jun '26Change
Promoters20.7%4.7%-16.0 pts
FIIs0.0%6.9%+6.9 pts
DIIs0.0%0.0%0.0 pts
Public and others79.3%87.3%+8.0 pts

Number of shareholders

16,649shareholders-18% since Sep '23
17k18k20k21k Sep '23Jun '24Mar '25Dec '25Jun '26
Sep '23: 20,367
Dec '23: 21,378
Mar '24: 20,068
Jun '24: 19,282
Sep '24: 19,356
Dec '24: 18,296
Mar '25: 18,104
Jun '25: 18,633
Sep '25: 18,701
Dec '25: 17,557
Mar '26: 17,004
Jun '26: 16,649
17k18k20k21k Sep '23Sep '24Sep '25Jun '26
Sep '23: 20,367
Dec '23: 21,378
Mar '24: 20,068
Jun '24: 19,282
Sep '24: 19,356
Dec '24: 18,296
Mar '25: 18,104
Jun '25: 18,633
Sep '25: 18,701
Dec '25: 17,557
Mar '26: 17,004
Jun '26: 16,649

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

+8.3%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 INTENSE TECHNOLOGIES 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 −17% to +44% vs the market, against −2% for all non-financial companies in the same months.
  • The gap against the base rate (+10.7%, 80% range −8.7% to +17.7%) is within what chance and overlapping periods produce.

Where the 50 outcomes landed

−100%−50%0%+50%+100%
VIKASLIFE · Oct 2024: −56.1% vs market
NEXTMEDIA · Jun 2020: −52.3% vs market
QUICKHEAL · Oct 2025: −48.6% vs market
DWARKESH · Apr 2023: −46.1% vs market
TRACXN · Oct 2025: −41.3% vs market
GTLINFRA · Sep 2022: −32.3% vs market
NURECA · Sep 2024: −31.4% vs market
RENUKA · Sep 2025: −26.9% vs market
LOVABLE · Sep 2023: −24.6% vs market
ACEINTEG · May 2024: −24.2% vs market
SURANASOL · Sep 2025: −23.6% vs market
MADHAV · Jul 2022: −19.0% vs market
KCPSUGIND · Oct 2025: −17.0% vs market
BUTTERFLY · Nov 2024: −16.9% vs market
ENIL · Jan 2022: −16.1% vs market
DTIL · Jun 2022: −13.5% vs market
ONMOBILE · Feb 2025: −13.2% vs market
SUVIDHAA · Oct 2023: −12.6% vs market
TARMAT · May 2025: −11.5% vs market
KOHINOOR · May 2024: −10.3% vs market
BOMDYEING · Nov 2021: −10.0% vs market
SUPREMEINF · May 2025: −9.0% vs market
ASHIMASYN · Mar 2022: −7.3% vs market
ATLANTAA · Jul 2021: −0.6% vs market
MUKTAARTS · Dec 2021: +7.1% vs market
MADRASFERT · Nov 2020: +9.6% vs market
SMARTLINK · Mar 2021: +10.0% vs market
NOVARTIND · Jun 2022: +11.3% vs market
PALASHSECU · Sep 2022: +14.6% vs market
KESORAMIND · Oct 2020: +16.2% vs market
KAMATHOTEL · Jul 2021: +21.8% vs market
WINDMACHIN · Sep 2020: +21.8% vs market
IVC · Feb 2020: +26.9% vs market
RTNPOWER · Apr 2020: +30.0% vs market
JHS · Jan 2023: +36.7% vs market
SHYAMCENT · Apr 2020: +40.2% vs market
ALPHAGEO · Mar 2021: +41.1% vs market
NIBL · Jun 2020: +44.7% vs market
NILASPACES · Aug 2021: +66.4% vs market
CHEMFAB · Dec 2021: +76.1% vs market
SCHNEIDER · Jan 2022: +78.4% vs market
MTNL · Aug 2023: +82.0% vs market
63MOONS · Jun 2021: +83.0% vs market
TI · Jun 2021: +83.6% vs market
ANDHRAPAP · Sep 2021: +90.3% vs market
KEYFINSERV · Jul 2023: +102.0% vs market
ATULAUTO · Apr 2022: +108.9% vs market
GMDCLTD · Jul 2021: +114.4% vs market
UNITECH · Aug 2023: +231.6% vs market
JITFINFRA · Nov 2022: +300.1% vs market
Similar setups +8.3%All companies −2.4%← 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 · 5 beyond the range shown, drawn at the edge

Similar setups' median
+8.3%
All companies' median
−2.4%
Beat the market
52% vs 47%

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

The closest matches

CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
IVC
Finance
Feb 2020 —8% −44%−57% +27%
KOHINOOR
Process Industries
May 2024 —3% +6%−31% −10%
63MOONS
Technology Services
Jun 2021 —0% +21%−10% +83%
GTLINFRA
Industrial Services
Sep 2022 —4% −20%−42% −32%
DWARKESH
Process Industries
Apr 2023 —— −28%−32% −46%
Show the other 3 matches
CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
UNITECH
Finance
Aug 2023 —1% +3%−21% +232%
BOMDYEING
Process Industries
Nov 2021 —1% +17%−25% −10%
BUTTERFLY
Consumer Durables
Nov 2024 —5% −20%−31% −17%
How reliable is this?

Matched on P/S, ROCE, operating margin, debt/equity, revenue growth, 12-month momentum, drawdown from 12-month high, size and volatility. Closest on: drawdown from 12-month high, 12-month momentum and P/S. Not used (unavailable for this company): P/E and interest cover. This company is loss-making, so it was only compared with loss-making companies. 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 INTENSE TECHNOLOGIES. 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 changed?

30 events since Jun '21

  1. SepPeer rankSlipped to the bottom quartile of Technology Services on operating margin (from the 3rd quartile).
  2. JunPromoterPromoter holding fell 8.4 pts to 4.7% (largest drop in the history since 2019-01).
  3. JunResultsEPS (TTM) turned negative.
  4. JunDividendDividend payout cut from 14% to 0% of profit.
  5. AprValuationP/E crossed above the 90th percentile of its own history to date (24.2x).
  6. MarPromoterPromoter holding fell 7.5 pts to 13.1% (largest drop in the history since 2019-01).
  7. MarInstitutionsFII + DII holding rose 6.9 pts over 2 quarters to 7.0%.
  8. MarPriceFell 60% from the Jul 2024 peak to the Mar 2026 low.
Show 22 earlier events
  1. OctPeer rankSlipped to the bottom quartile of Technology Services on EPS growth (from the 3rd quartile).
  2. SepResultsYear-on-year EPS growth turned negative.
  3. SepValuationP/E crossed above the 90th percentile of its own history to date (24.6x).
  4. JunPeer rankSlipped to the 3rd quartile of Technology Services on ROCE (from the 2nd quartile).
  5. MarPeer rankSlipped to the 3rd quartile of Technology Services on operating margin (from the 2nd quartile).
  6. SepPeer rankMoved into the 2nd quartile of Technology Services on operating margin (from the 3rd quartile).
  7. AugPeer rankMoved into the 2nd quartile of Technology Services on EPS growth (from the 3rd quartile).
  8. JulPriceRegained the 2024-02 peak, 1 month after the low.
  9. JunResultsYear-on-year EPS growth turned positive.
  10. JunPriceFell 37% from the Feb 2024 peak to the Jun 2024 low.
  11. JunPeer rankMoved into the 2nd quartile of Technology Services on ROCE (from the 3rd quartile).
  12. NovPriceRegained the 2021-07 peak, 8 months after the low.
  13. JunResultsYear-on-year EPS growth turned negative.
  14. JunValuationP/E crossed above the 90th percentile of its own history to date (12.7x).
  15. JunPeer rankSlipped to the 3rd quartile of Technology Services on ROCE (from the top quartile).
  16. JunSharesShare count is up 25.0% over 12 months.
  17. MarPriceFell 53% from the Jul 2021 peak to the Mar 2023 low.
  18. JunResultsRevenue (TTM) reached a new high of ₹83 cr.
  19. DecValuationP/E crossed above the 90th percentile of its own history to date (11.0x).
  20. JunResultsRevenue (TTM) reached a new high of ₹72 cr.
  21. JunValuationP/E crossed above the 90th percentile of its own history to date (8.7x).
  22. JunPeer rankSlipped to the 3rd quartile of Technology Services on EPS growth (from the top quartile).

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
2026-11—₹125 cr-12.7%8.0%0.0x
2026-10—₹125 cr-12.7%8.0%0.0x
2026-09—₹125 cr-12.7%8.0%0.0x
2026-08—₹125 cr-12.4%8.0%0.0x
2026-07—₹125 cr-12.4%8.0%0.0x
2026-06—₹125 cr-12.4%8.0%0.0x
2026-0524.0x₹133 cr6.7%15.0%0.0x
2026-0424.2x₹133 cr6.7%15.0%0.0x
2026-0317.5x₹133 cr6.7%15.0%0.0x
2026-0223.4x₹133 cr7.2%15.0%0.0x
2026-0125.9x₹133 cr7.2%15.0%0.0x
2025-1226.1x₹133 cr7.2%15.0%0.0x
2025-1125.6x₹141 cr8.5%15.0%0.0x
2025-1023.9x₹141 cr8.5%15.0%0.0x
2025-0924.6x₹141 cr8.5%15.0%0.0x
2025-0812.3x₹150 cr11.5%15.0%0.0x
2025-0712.2x₹150 cr11.5%15.0%0.0x
2025-0613.2x₹150 cr11.5%15.0%0.0x
2025-0513.6x₹146 cr12.9%17.0%0.0x
2025-0412.9x₹146 cr12.9%17.0%0.0x
2025-0312.9x₹146 cr12.9%17.0%0.0x
2025-0212.5x₹139 cr13.8%17.0%0.0x
2025-0114.4x₹139 cr13.8%17.0%0.0x
2024-1217.2x₹139 cr13.8%17.0%0.0x
2024-1116.9x₹130 cr13.9%17.0%0.0x
2024-1018.0x₹130 cr13.9%17.0%0.0x
2024-0917.6x₹130 cr13.9%17.0%0.0x
2024-0821.6x₹114 cr12.1%17.0%0.0x
2024-0723.1x₹114 cr12.1%17.0%0.0x
2024-0620.3x₹114 cr12.1%17.0%0.0x
2024-0517.9x₹91 cr12.4%16.0%0.0x
2024-0421.1x₹91 cr12.4%16.0%0.0x
2024-0319.5x₹91 cr12.4%16.0%0.0x
2024-0222.2x₹91 cr12.4%16.0%0.0x
2024-0123.6x₹91 cr12.4%16.0%0.0x
2023-1217.4x₹91 cr12.4%16.0%0.0x
2023-1119.0x₹91 cr12.4%16.0%0.0x
2023-1013.7x₹91 cr12.4%16.0%0.0x
2023-0913.8x₹91 cr12.4%16.0%0.0x
2023-0813.5x₹91 cr12.4%16.0%0.0x
2023-0714.0x₹91 cr12.4%16.0%0.0x
2023-0612.7x₹91 cr12.4%16.0%0.0x
2023-057.5x₹83 cr19.6%28.0%0.0x
2023-047.6x₹83 cr19.6%28.0%0.0x
2023-036.8x₹83 cr19.6%28.0%0.0x
2023-027.6x₹83 cr19.6%28.0%0.0x
2023-018.3x₹83 cr19.6%28.0%0.0x
2022-128.1x₹83 cr19.6%28.0%0.0x
2022-118.4x₹83 cr19.6%28.0%0.0x
2022-108.5x₹83 cr19.6%28.0%0.0x
2022-098.2x₹83 cr19.6%28.0%0.0x
2022-087.7x₹83 cr19.6%28.0%0.0x
2022-078.3x₹83 cr19.6%28.0%0.0x
2022-068.1x₹83 cr19.6%28.0%0.0x
2022-059.4x₹72 cr23.1%31.0%0.0x
2022-0410.2x₹72 cr23.1%31.0%0.0x
2022-0310.3x₹72 cr23.1%31.0%0.0x
2022-029.2x₹72 cr23.1%31.0%0.0x
2022-0111.6x₹72 cr23.1%31.0%0.0x
2021-1211.0x₹72 cr23.1%31.0%0.0x
2021-117.7x₹72 cr23.1%31.0%0.0x
2021-108.4x₹72 cr23.1%31.0%0.0x
2021-098.0x₹72 cr23.1%31.0%0.0x
2021-089.3x₹72 cr23.1%31.0%0.0x
2021-0713.5x₹72 cr23.1%31.0%0.0x
2021-068.7x₹72 cr23.1%31.0%0.0x
2021-058.2x₹69 cr28.3%39.0%0.1x
2021-045.7x₹69 cr28.3%39.0%0.1x
2021-034.1x₹69 cr28.3%39.0%0.1x
2021-024.5x₹69 cr28.3%39.0%0.1x
2021-015.1x₹69 cr28.3%39.0%0.1x
2020-125.9x₹69 cr28.3%39.0%0.1x
2020-114.3x₹69 cr28.3%39.0%0.1x
2020-104.3x₹69 cr28.3%39.0%0.1x
2020-094.3x₹69 cr28.3%39.0%0.1x
2020-084.9x₹69 cr28.3%39.0%0.1x
2020-075.2x₹69 cr28.3%39.0%0.1x
2020-063.1x₹69 cr28.3%39.0%0.1x
2020-054.1x₹57 cr20.5%23.0%0.1x
2020-044.8x₹57 cr20.5%23.0%0.1x
2020-033.7x₹57 cr20.5%23.0%0.1x
2020-024.5x₹57 cr20.5%23.0%0.1x
2020-016.7x₹57 cr20.5%23.0%0.1x
2019-126.6x₹57 cr20.5%23.0%0.1x
2019-117.4x₹57 cr20.5%23.0%0.1x
2019-108.2x₹57 cr20.5%23.0%0.1x
2019-099.1x₹57 cr20.5%23.0%0.1x
2019-086.3x₹57 cr20.5%23.0%0.1x
2019-076.4x₹57 cr20.5%23.0%0.1x
2019-066.6x₹57 cr20.5%23.0%0.1x
2019-05—₹54 cr-1.1%9.0%0.1x
2019-04—₹54 cr-1.1%9.0%0.1x
2019-03—₹54 cr-1.1%9.0%0.1x
2019-02—₹54 cr-1.1%9.0%0.1x
2019-01—₹54 cr-1.1%9.0%0.1x

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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