JINDAL STEEL LIMITED (JINDALSTEL): Financials & Fundamentals History

Share price

Closing priceAdjusted for splits and bonus issues.

3M1Y3YAll

₹1,146 latest close · +8.7% over the last 90 sessions

₹1,146 month-end · +9.7% over 12 months

₹1,146 month-end · +70.8% over 3 years

₹1,146 month-end · +748.3% since Jan '19

52-week range ₹977.10 to ₹1306.20 · 1-year volatility 28.7%

Was the rally earned?

1 year3 years5 years

+10%share price, 1 yearMultiple-driven

Partly.

Most of the rise came from investors paying a higher multiple (P/E 35.9x to 43.0x); per-share earnings took off 9 points.
The share count barely moved.

Net profit growth-10 ptsNet profit fell about 9%, which lowers the price.

P/E change+19 ptsThe P/E rose from 35.9x to 43.0x, which lifts the price.

Share count change+1 ptsShare count was little changed. More shares would count against the price.

+71%share price, 3 yearsMultiple-driven

Partly.

Most of the rise came from investors paying a higher multiple (P/E 21.6x to 43.0x); per-share earnings took off 20 points.
The share count fell 20%.

Net profit growth-50 ptsNet profit fell about 32%, which lowers the price.

P/E change+91 ptsThe P/E rose from 21.6x to 43.0x, which lifts the price.

Share count change+30 ptsShare count fell 20%, which lifts the price.

+234%share price, 5 yearsMultiple-driven

Partly.

Most of the rise came from investors paying a higher multiple (P/E 9.6x to 43.0x); per-share earnings took off 56 points.
The share count fell 15%.

Net profit growth-87 ptsNet profit fell about 36%, which lowers the price.

P/E change+290 ptsThe P/E rose from 9.6x to 43.0x, which lifts the price.

Share count change+31 ptsShare count fell 15%, 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 JSW STEEL

How rough has the ride been?

Maximum drawdown-68.1%recovered 2020-08

1-year volatility28.7%annualised

Beta vs sector index1.073-year daily, correlation 0.73

Volume spikes1last 90 sessions, 5x the 50-day median

Drawdown from peak

Largest drawdowns

-68.1% (2020-02 peak to 2020-04 low, recovered 2020-08)

-51.0% (2019-04 peak to 2019-09 low, recovered 2020-02)

-46.2% (2022-04 peak to 2022-06 low, recovered 2022-12)

Most recent volume spikes

2026-10-06: 5.9x the 50-day median, price -1.0% 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?

43.0xP/E todayNear its historic high

Against its own history94th percentile

CheapestMedian 18.9xDearest

Usual range 9.6x to 41.0x since 2019-01.

Against Non-Energy Minerals43.0x vs 21.8x

This company

43.0x

Sector median

21.8x

97% above the Non-Energy Minerals median.

P/EP/BP/S

P/E (this company)10th to 90th percentile of its own historyIts medianNon-Energy Minerals median

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P/B (this company)10th to 90th percentile of its own historyIts medianNon-Energy Minerals median

The chart loads when you open this tab.

P/S (this company)10th to 90th percentile of its own historyIts medianNon-Energy Minerals 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 Non-Energy Minerals is valued

Where does it rank among Non-Energy Minerals peers?

Each cell is the company's percentile rank among its Non-Energy Minerals 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

ROCE47thflat vs a year ago
Op. margin80th▼ 8 pts vs a year ago
Revenue growth65th▲ 40 pts vs a year ago
EPS growth29th▲ 9 pts vs a year ago
Debt/equity ↓40th▼ 8 pts vs a year ago
Cash cycle ↓87thflat vs a year ago
P/E ↓21st▼ 9 pts vs a year ago
12M momentum72nd▼ 11 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 Non-Energy Minerals sector page Watch it move against Non-Energy Minerals in the Observatory

What is the price implying?

~18%annual earnings growth implied by the price

At a P/E of 25.4x, the price would imply about 17.7%/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 Non-Energy Minerals The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov: ₹1146.00
P/E: 43.0x
ROCE: 10.0%
Market Cap: ₹1.17L cr
Revenue (TTM): ₹56413 cr
P/S: 2.1x
P/B: 2.3x
ROE: 5.3%
Operating Margin: 17.0%
Debt / Equity: 0.4x
Promoter Holding: 62.7%
12M Momentum: 9.7%

52-week range

₹977.10₹1306.20

51% of the way from its 52-week low to its high

Price risk

1Y volatility

28.7%

Beta vs sector

1-year daily

1.02

Balance sheet & cash

Interest cover

operating profit ÷ interest

3.0x

Cash from profit, 3Y

operating cash flow ÷ net profit

1.98x

Share count, 1Y

+1.0%

Are profits backed by cash?

5 of 7checks within range2 near a threshold

Other income reliance-15%Within range

Other income as a share of pre-tax profit (trailing twelve months): -15.4%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate29%Within range

Median quarterly effective tax rate over about 2.5 years: 29.0%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion1.98xWithin range

Operating cash flow divided by net profit over the last three fiscal years: 1.98x (cash from operations ₹24,036 cr, net profit ₹12,150 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+2 daysWithin range

Debtor days are above the median of the previous three fiscal years by 2 days (12 vs 10). Bands: under 15 days, 15 to 45, over 45.

Capital work in progress13% of fixed assetsWithin range

Capital work-in-progress is 13% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.

Payable days+48 days / 2 yrsNear threshold

Days payable changed by +48 over two years. Bands: rise of up to 30 days; more than 30 days.

Tap a check to see how it is measured

How to read this

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

All terms explained in the glossary →

Who has been buying and selling?

Over 3 years, DIIs added 4.3 pts; FIIs trimmed 3.4 pts; promoters added 1.5 pts.
The number of shareholders rose from 2.4 lakh to 2.8 lakh (+16%) between Sep 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupSep '23Jun '26Change

Promoters61.2%62.7%+1.5 pts

FIIs12.2%8.8%-3.4 pts

DIIs15.2%19.5%+4.3 pts

Public and others9.9%8.7%-1.2 pts

Number of shareholders

2.8 lakhshareholders+16% since Sep '23

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

−8.0%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 JINDAL STEEL 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 +12% vs the market, against −6% for all non-financial companies in the same months.
The gap against the base rate (−1.9%, 80% range −8.4% to +4.2%) is within what chance and overlapping periods produce.

Where the 50 outcomes landed

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

−8.0%

All companies' median

−6.1%

Beat the market

40% vs 43%

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

The closest matches

Company	When	P/E	ROCE	12M mom.	Drawdown	Next 12 months
MRF Consumer Durables	Apr 2023	56x	7%	+22%	−6%	+1%
MOTHERSON Producer Manufacturing	Mar 2024	53x	9%	+75%	−7%	+8%
DALBHARAT Non-Energy Minerals	May 2025	67x	7%	+14%	−6%	−15%
RELIANCE Energy Minerals	Jul 2022	27x	8%	+23%	−11%	−7%
RAMCOCEM Non-Energy Minerals	Mar 2025	57x	8%	+11%	−14%	+5%

Show the other 3 matches

Company	When	P/E	ROCE	12M mom.	Drawdown	Next 12 months
JKCEMENT Non-Energy Minerals	Jun 2023	62x	10%	+60%	−1%	−11%
SRF Process Industries	Aug 2025	67x	12%	+11%	−14%	−16%
TORNTPOWER Utilities	Jul 2022	56x	13%	+15%	−12%	+12%

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: drawdown from 12-month high, 12-month momentum 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 JINDAL STEEL 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

Feature	Weight	Non-financial	Financial
P/E	1	yes	yes
P/S	1	yes	—
P/B	1	—	yes
ROCE	1	yes	—
operating margin	1	yes	—
ROE	1	—	yes
debt/equity	0.75	yes	—
interest cover	0.5	yes	—
revenue growth	0.75	yes	yes
12-month momentum	1	yes	yes
drawdown from 12-month high	0.75	yes	yes
size	0.75	yes	yes
volatility	0.5	yes	yes

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.

BALKRISHNA INDUSTRIESBALKRISIND

Consumer Durables

67%similar

debt/equityROCE

GUJARAT FLUOROCHEMICALSFLUOROCHEM

Process Industries

67%similar

ROCEpromoter holding

TRIDENTTRIDENT

Process Industries

66%similar

operating marginROCE

SRFSRF

Process Industries

65%similar

market capvolatility

TORRENT POWERTORNTPOWER

Utilities

65%similar

revenuemarket cap

DALMIA BHARATDALBHARAT

Non-Energy Minerals

75%similar

EPS growthdebt/equity

SHREE CEMENTSSHREECEM

Non-Energy Minerals

61%similar

ROCEpromoter holding

ULTRATECH CEMENTULTRACEMCO

Non-Energy Minerals

55%similar

P/Erevenue

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

What changed?

30 events since Jun '22

2026
OctPriceVolume reached 5.9x its 50-day median on 2026-10-06; price -1.0% that day.
SepResultsYear-on-year EPS growth turned negative.
SepValuationP/E crossed above the 90th percentile of its own history to date (42.6x).
SepPeer rankSlipped to the 3rd quartile of Non-Energy Minerals on EPS growth (from the 2nd quartile).
JunResultsYear-on-year EPS growth turned positive.
JunPeer rankMoved into the top quartile of Non-Energy Minerals on operating margin (from the 2nd quartile).
MarPeer rankSlipped to the 2nd quartile of Non-Energy Minerals on operating margin (from the top quartile).
2025
NovPriceRegained the 2024-05 peak, 9 months after the low.

Show 22 earlier events

2025
SepPeer rankMoved into the top quartile of Non-Energy Minerals on operating margin (from the 2nd quartile).
JunResultsYear-on-year EPS growth turned negative.
JunValuationP/E crossed above the 90th percentile of its own history to date (34.2x).
JunPeer rankSlipped to the 2nd quartile of Non-Energy Minerals on operating margin (from the top quartile).
FebPriceFell 28% from the May 2024 peak to the Feb 2025 low.
FebPeer rankSlipped to the 2nd quartile of Non-Energy Minerals on EPS growth (from the top quartile).
JanPriceVolume reached 17.1x its 50-day median on 2025-01-31; price -5.8% that day.
2024
SepPeer rankSlipped to the 3rd quartile of Non-Energy Minerals on ROCE (from the 2nd quartile).
JunResultsYear-on-year EPS growth turned positive.
JunPeer rankMoved into the top quartile of Non-Energy Minerals on EPS growth (from the 3rd quartile).
JunDividendDividend payout cut from 6% to 3% of profit.
2023
NovPriceVolume reached 7.7x its 50-day median on 2023-11-01; price -7.7% that day.
JunResultsYear-on-year EPS growth turned negative.
JunValuationP/E crossed above the 90th percentile of its own history to date (18.7x).
JunPeer rankSlipped to the 2nd quartile of Non-Energy Minerals on ROCE (from the top quartile).
MarPeer rankMoved into the top quartile of Non-Energy Minerals on ROCE (from the 2nd quartile).
JanPeer rankSlipped to the 2nd quartile of Non-Energy Minerals on ROCE (from the top quartile).
JanDebtDebt / equity halved over 12 months to 0.38x.
2022
DecPriceRegained the 2022-04 peak, 6 months after the low.
DecPriceVolume reached 5.2x its 50-day median on 2022-12-27; price +9.0% that day.
JunResultsRevenue (TTM) reached a new high of ₹51,166 cr.
JunPriceFell 46% from the Apr 2022 peak to the Jun 2022 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

Month	P/E	Revenue (TTM)	ROE	ROCE	Debt / Equity
2026-11	43.0x	₹56413 cr	5.3%	10.0%	0.4x
2026-10	39.8x	₹56413 cr	5.3%	10.0%	0.4x
2026-09	42.6x	₹56413 cr	5.3%	10.0%	0.4x
2026-08	36.1x	₹53225 cr	6.6%	10.0%	0.4x
2026-07	33.4x	₹53225 cr	6.6%	10.0%	0.4x
2026-06	32.1x	₹53225 cr	6.6%	10.0%	0.4x
2026-05	62.1x	₹50190 cr	4.3%	11.0%	0.4x
2026-04	62.9x	₹50190 cr	4.3%	11.0%	0.4x
2026-03	57.2x	₹50190 cr	4.3%	11.0%	0.4x
2026-02	46.3x	₹48914 cr	5.9%	11.0%	0.4x
2026-01	42.1x	₹48914 cr	5.9%	11.0%	0.4x
2025-12	39.2x	₹48914 cr	5.9%	11.0%	0.4x
2025-11	35.9x	₹48441 cr	6.4%	11.0%	0.4x
2025-10	36.7x	₹48441 cr	6.4%	11.0%	0.4x
2025-09	36.6x	₹48441 cr	6.4%	11.0%	0.4x
2025-08	34.3x	₹49765 cr	6.0%	11.0%	0.4x
2025-07	35.0x	₹49765 cr	6.0%	11.0%	0.4x
2025-06	34.2x	₹49765 cr	6.0%	11.0%	0.4x
2025-05	23.7x	₹50069 cr	9.2%	13.0%	0.4x
2025-04	22.4x	₹50069 cr	9.2%	13.0%	0.4x
2025-03	22.8x	₹50069 cr	9.2%	13.0%	0.4x
2025-02	17.2x	₹50019 cr	11.4%	13.0%	0.4x
2025-01	15.9x	₹50019 cr	11.4%	13.0%	0.4x
2024-12	18.7x	₹50019 cr	11.4%	13.0%	0.4x
2024-11	16.5x	₹51056 cr	12.6%	13.0%	0.4x
2024-10	16.8x	₹51056 cr	12.6%	13.0%	0.4x
2024-09	19.0x	₹51056 cr	12.6%	13.0%	0.4x
2024-08	16.7x	₹50354 cr	13.4%	13.0%	0.4x
2024-07	17.0x	₹50354 cr	13.4%	13.0%	0.4x
2024-06	17.9x	₹50354 cr	13.4%	13.0%	0.4x
2024-05	33.0x	₹53212 cr	10.3%	14.0%	0.3x
2024-04	29.9x	₹53212 cr	10.3%	14.0%	0.3x
2024-03	27.3x	₹53212 cr	10.3%	14.0%	0.3x
2024-02	25.0x	₹53212 cr	10.3%	14.0%	0.3x
2024-01	24.3x	₹53212 cr	10.3%	14.0%	0.3x
2023-12	24.0x	₹53212 cr	10.3%	14.0%	0.3x
2023-11	21.6x	₹53212 cr	10.3%	14.0%	0.3x
2023-10	20.4x	₹53212 cr	10.3%	14.0%	0.3x
2023-09	22.5x	₹53212 cr	10.3%	14.0%	0.3x
2023-08	22.0x	₹53212 cr	10.3%	14.0%	0.3x
2023-07	21.5x	₹53212 cr	10.3%	14.0%	0.3x
2023-06	18.7x	₹53212 cr	10.3%	14.0%	0.3x
2023-05	9.2x	₹51166 cr	19.0%	24.0%	0.4x
2023-04	10.3x	₹51166 cr	19.0%	24.0%	0.4x
2023-03	9.7x	₹51166 cr	19.0%	24.0%	0.4x
2023-02	9.7x	₹51166 cr	19.0%	24.0%	0.4x
2023-01	10.3x	₹51166 cr	19.0%	24.0%	0.4x
2022-12	10.3x	₹51166 cr	19.0%	24.0%	0.4x
2022-11	9.5x	₹51166 cr	19.0%	24.0%	0.4x
2022-10	8.2x	₹51166 cr	19.0%	24.0%	0.4x
2022-09	7.6x	₹51166 cr	19.0%	24.0%	0.4x
2022-08	7.7x	₹51166 cr	19.0%	24.0%	0.4x
2022-07	6.9x	₹51166 cr	19.0%	24.0%	0.4x
2022-06	5.8x	₹51166 cr	19.0%	24.0%	0.4x
2022-05	10.6x	₹34579 cr	13.4%	17.0%	0.9x
2022-04	15.2x	₹34579 cr	13.4%	17.0%	0.9x
2022-03	15.0x	₹34579 cr	13.4%	17.0%	0.9x
2022-02	11.9x	₹34579 cr	13.4%	17.0%	0.9x
2022-01	10.8x	₹34579 cr	13.4%	17.0%	0.9x
2021-12	10.6x	₹34579 cr	13.4%	17.0%	0.9x
2021-11	9.6x	₹34579 cr	13.4%	17.0%	0.9x
2021-10	11.7x	₹34579 cr	13.4%	17.0%	0.9x
2021-09	10.9x	₹34579 cr	13.4%	17.0%	0.9x
2021-08	10.6x	₹34579 cr	13.4%	17.0%	0.9x
2021-07	12.1x	₹34579 cr	13.4%	17.0%	0.9x
2021-06	11.2x	₹34579 cr	13.4%	17.0%	0.9x
2021-05	—	₹37923 cr	-1.2%	5.0%	1.1x
2021-04	—	₹37923 cr	-1.2%	5.0%	1.1x
2021-03	—	₹37923 cr	-1.2%	5.0%	1.1x
2021-02	—	₹37923 cr	-1.2%	5.0%	1.1x
2021-01	—	₹37923 cr	-1.2%	5.0%	1.1x
2020-12	—	₹37923 cr	-1.2%	5.0%	1.1x
2020-11	—	₹37923 cr	-1.2%	5.0%	1.1x
2020-10	—	₹37923 cr	-1.2%	5.0%	1.1x
2020-09	—	₹37923 cr	-1.2%	5.0%	1.1x
2020-08	—	₹37923 cr	-1.2%	5.0%	1.1x
2020-07	—	₹37923 cr	-1.2%	5.0%	1.1x
2020-06	—	₹37923 cr	-1.2%	5.0%	1.1x
2020-05	—	₹46966 cr	-7.5%	4.0%	1.2x
2020-04	—	₹46966 cr	-7.5%	4.0%	1.2x
2020-03	—	₹46966 cr	-7.5%	4.0%	1.2x
2020-02	—	₹46966 cr	-7.5%	4.0%	1.2x
2020-01	—	₹46966 cr	-7.5%	4.0%	1.2x
2019-12	—	₹46966 cr	-7.5%	4.0%	1.2x
2019-11	—	₹46966 cr	-7.5%	4.0%	1.2x
2019-10	—	₹46966 cr	-7.5%	4.0%	1.2x
2019-09	—	₹46966 cr	-7.5%	4.0%	1.2x
2019-08	—	₹46966 cr	-7.5%	4.0%	1.2x
2019-07	—	₹46966 cr	-7.5%	4.0%	1.2x
2019-06	—	₹46966 cr	-7.5%	4.0%	1.2x
2019-05	—	₹33286 cr	-5.3%	3.0%	1.4x
2019-04	—	₹33286 cr	-5.3%	3.0%	1.4x
2019-03	—	₹33286 cr	-5.3%	3.0%	1.4x
2019-02	—	₹33286 cr	-5.3%	3.0%	1.4x
2019-01	—	₹33286 cr	-5.3%	3.0%	1.4x

Methodology and data notes