अApnaFunda

JK TYRE AND INDUSTRIES LIMITED (JKTYRE)

Consumer Durables · Automotive Aftermarket · 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.37 / 100
Profitability 42Growth 48Balance sheet 23
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.59 / 100
Price 47Earnings 59FII/DII 70

Share price

Closing priceAdjusted for splits and bonus issues.

₹357.3 latest close · −13.4% over the last 90 sessions

₹300₹350₹400Jul 3Jul 29Aug 24Sep 17Oct 14Nov 9 ₹300₹350₹400Jul 3Sep 4Nov 9

₹357.3 month-end · −20.1% over 12 months

₹300₹400₹500Nov '25Jan '26Apr '26Jun '26Sep '26Nov '26 ₹300₹400₹500Nov '25May '26Nov '26

₹357.3 month-end · +1.0% over 3 years

₹300₹400₹500Nov '23Jun '24Jan '25Sep '25Apr '26Nov '26 ₹300₹400₹500Nov '23May '25Nov '26

₹357.3 month-end · +293.5% since Jan '19

₹0₹200₹400Jan '19Aug '20Mar '22Sep '23Apr '25Nov '26 ₹0₹200₹400Jan '19Dec '22Nov '26

52-week range ₹296.75 to ₹611.90 · 1-year volatility 38.1%

Was the rally earned?

-20%share price, 1 yearLower P/E held it back

Earnings helped, the multiple did not.

  • Per-share earnings added 31 points, but investors now pay less per rupee of profit (P/E 27.3x to 15.4x), which took 51 points back.
  • The share count rose 4%.
Net profit growth: +34 pts. Points of the price return explained by net profit growing (or shrinking).+34 ptsNet profit growthP/E change: −51 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−51 ptsP/E changeShare count change: −3 pts. Points of the price return explained by the share count changing. More shares count against the price.−3 ptsShare count changeShare price: −20%−20%Share priceNet profit growth: +34 pts. Points of the price return explained by net profit growing (or shrinking).+34ProfitP/E change: −51 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−51P/EShare count change: −3 pts. Points of the price return explained by the share count changing. More shares count against the price.−3SharesShare price: −20%−20%Share price
Net profit growth+34 ptsNet profit rose about 47%, which lifts the price.
P/E change-51 ptsThe P/E fell from 27.3x to 15.4x, which lowers the price.
Share count change-3 ptsShare count rose 4%, which lowers the price.
+1%share price, 3 yearsRoughly flat
  • The share price was roughly flat over 3 years (+1%).
  • The share count rose 17%.
Net profit growth: +94 pts. Points of the price return explained by net profit growing (or shrinking).+94 ptsNet profit growthP/E change: −77 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−77 ptsP/E changeShare count change: −16 pts. Points of the price return explained by the share count changing. More shares count against the price.−16 ptsShare count changeShare price: +1%+1%Share priceNet profit growth: +94 pts. Points of the price return explained by net profit growing (or shrinking).+94ProfitP/E change: −77 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−77P/EShare count change: −16 pts. Points of the price return explained by the share count changing. More shares count against the price.−16SharesShare price: +1%+1%Share price
Net profit growth+94 ptsNet profit rose about 154%, which lifts the price.
P/E change-77 ptsThe P/E fell from 33.2x to 15.4x, which lowers the price.
Share count change-16 ptsShare count rose 17%, which lowers the price.
+178%share price, 5 yearsEarnings and multiple

Both mattered.

  • Per-share earnings added 101 points and the multiple added 77 points (P/E 9.9x to 15.4x).
  • The share count rose 13%.
Net profit growth: +122 pts. Points of the price return explained by net profit growing (or shrinking).+122 ptsNet profit growthP/E change: +77 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+77 ptsP/E changeShare count change: −21 pts. Points of the price return explained by the share count changing. More shares count against the price.−21 ptsShare count changeShare price: +178%+178%Share priceNet profit growth: +122 pts. Points of the price return explained by net profit growing (or shrinking).+122ProfitP/E change: +77 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+77P/EShare count change: −21 pts. Points of the price return explained by the share count changing. More shares count against the price.−21SharesShare price: +178%+178%Share price
Net profit growth+122 ptsNet profit rose about 102%, which lifts the price.
P/E change+77 ptsThe P/E rose from 9.9x to 15.4x, which lifts the price.
Share count change-21 ptsShare count rose 13%, which lowers 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 MRF

How rough has the ride been?

Maximum drawdown-67.0%recovered 2021-01
1-year volatility38.1%annualised
Beta vs sector index1.143-year daily, correlation 0.53
Volume spikes1last 90 sessions, 5x the 50-day median

Drawdown from peak

0%−20%−40%−60%2020202120222023202420252026−62.2% 0%−20%−40%−60%2020202220242026−62.2%
Largest drawdowns

-67.0% (2019-01 peak to 2020-03 low, recovered 2021-01)

-52.7% (2024-02 peak to 2025-03 low, recovered 2026-02)

-50.3% (2026-02 peak to 2026-10 low, not yet recovered)

Most recent volume spikes

2026-11-05: 8.7x the 50-day median, price +8.7% 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?

15.4xP/E todayWithin its usual range
Against its own history54th percentile
CheapestMedian 14.7xDearest

Usual range 9.7x to 29.7x since 2019-01.

Against Consumer Durables15.4x vs 25.5x
This company
15.4x
Sector median
25.5x

40% below the Consumer Durables median.

5.7x20.3x34.8x49.4xJan '19Aug '20Mar '22Oct '23May '25Nov '265.7x20.3x34.8x49.4xJan '19Sep '21May '24Nov '26
P/E (this company)10th to 90th percentile of its own historyIts medianConsumer Durables median

The chart loads when you open this tab.

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

The chart loads when you open this tab.

P/S (this company)10th to 90th percentile of its own historyIts medianConsumer Durables 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 Consumer Durables is valued

Where does it rank among Consumer Durables peers?

Each cell is the company's percentile rank among its Consumer Durables 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

  • ROCE52nd▲ 7 pts vs a year ago
  • Op. margin32nd▼ 15 pts vs a year ago
  • Revenue growth33rd▲ 9 pts vs a year ago
  • EPS growth70th▲ 61 pts vs a year ago
  • Debt/equity ↓18thflat vs a year ago
  • Cash cycle ↓51stflat vs a year ago
  • P/E ↓75th▲ 5 pts vs a year ago
  • 12M momentum37th▼ 31 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 Consumer Durables sector page Watch it move against Consumer Durables in the Observatory

What is the price implying?

~14%annual earnings growth implied by the priceIn line with delivered growth

At normalised P/E (five-year average earnings) of 19.8x, a holder earning 12%/yr needs earnings to grow about 14.1%/yr for 10 years, then trade at 15x.

Delivered16.2%/yrEPS, last 10 fiscal years · 3-yr avg to 3-yr avg
Gap−2.1 ptsimplied minus delivered
Rank572ndmost demanding of 856

Over time

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

-33%-3%28% Jan 2019Nov 2026 -33%-3%28% Jan 2019Nov 2026

Change the assumptions

Exit P/E / return11%12%13%
12x15.5%16.5%17.6%
15x13.1%14.1%15.1%
20x10.0%11.0%12.0%

Drag a slider to test other assumptions

Implied: 14.1%/yr

Looking back

  • Jan 2020Price implied 1%/yr; EPS has since grown 21%/yr (7.0 yrs)
  • Jan 2021Price implied 8%/yr; EPS has since grown 29%/yr (6.0 yrs)
  • Jan 2022Price implied 12%/yr; EPS has since grown 15%/yr (5.0 yrs)

Past comparisons cover only companies listed today (survivorship bias) and say nothing about future outcomes.

“Implied growth” is what the current price would require under our stated assumptions, not what we expect. How this is calculated and the market-wide lists.

What prices imply across Consumer Durables The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov
₹357.30
P/E
15.4x
ROCE
16.0%
Market Cap
₹10294 cr
Revenue (TTM)
₹16403 cr
P/S
0.6x
P/B
1.7x
ROE
11.0%
Operating Margin
7.0%
Debt / Equity
0.8x
Promoter Holding
51.7%
12M Momentum
-20.1%

52-week range

₹296.75₹611.90
19% of the way from its 52-week low to its high

Price risk

1Y volatility
38.1%
Beta vs sector
1-year daily
1.37

Balance sheet & cash

Interest cover
operating profit ÷ interest
3.1x
Cash from profit, 3Y
operating cash flow ÷ net profit
1.80x
Share count, 1Y
+5.5%

Are profits backed by cash?

7 of 7checks within rangeAll clear
Other income reliance-11%Within range

Other income as a share of pre-tax profit (trailing twelve months): -11.5%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate27%Within range

Median quarterly effective tax rate over about 2.5 years: 27.0%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion1.80xWithin range

Operating cash flow divided by net profit over the last three fiscal years: 1.80x (cash from operations ₹3,774 cr, net profit ₹2,091 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 history+5 daysWithin range

Debtor days are above the median of the previous three fiscal years by 5 days (72 vs 67). Bands: under 15 days, 15 to 45, over 45.

Capital work in progress15% of fixed assetsWithin range

Capital work-in-progress is 15% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.

Payable days-9 days / 2 yrsWithin range

Days payable changed by -9 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 6.0 pts; FIIs added 5.5 pts; promoters trimmed 4.5 pts.
  • The number of shareholders rose from 1.9 lakh to 3.1 lakh (+62%) between Sep 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupSep '23Jun '26Change
Promoters56.3%51.7%-4.5 pts
FIIs10.3%15.8%+5.5 pts
DIIs1.3%7.3%+6.0 pts
Public and others32.2%25.3%-6.9 pts

Number of shareholders

3.1 lakhshareholders+62% since Sep '23
1.9L2.5L3.0L3.6L Sep '23Jun '24Mar '25Dec '25Jun '26
Sep '23: 1.9 lakh
Dec '23: 2.0 lakh
Mar '24: 2.3 lakh
Jun '24: 2.9 lakh
Sep '24: 3.4 lakh
Dec '24: 3.5 lakh
Mar '25: 3.6 lakh
Jun '25: 3.4 lakh
Sep '25: 3.3 lakh
Dec '25: 2.9 lakh
Mar '26: 2.8 lakh
Jun '26: 3.1 lakh
1.9L2.5L3.0L3.6L Sep '23Sep '24Sep '25Jun '26
Sep '23: 1.9 lakh
Dec '23: 2.0 lakh
Mar '24: 2.3 lakh
Jun '24: 2.9 lakh
Sep '24: 3.4 lakh
Dec '24: 3.5 lakh
Mar '25: 3.6 lakh
Jun '25: 3.4 lakh
Sep '25: 3.3 lakh
Dec '25: 2.9 lakh
Mar '26: 2.8 lakh
Jun '26: 3.1 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

−12.5%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 JK TYRE AND INDUSTRIES 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 −28% to +18% vs the market, against −6% for all non-financial companies in the same months.
  • The gap against the base rate (−6.2%, 80% range −12.8% to +1.8%) is within what chance and overlapping periods produce.

Where the 50 outcomes landed

−100%−50%0%+50%+100%
DBL · May 2021: −60.8% vs market
AGARIND · Oct 2025: −60.4% vs market
KEC · Oct 2025: −57.4% vs market
NACLIND · Aug 2023: −55.4% vs market
RAYMOND · Feb 2020: −45.9% vs market
LANDMARK · Feb 2024: −35.4% vs market
EMIL · Feb 2025: −32.5% vs market
RANEHOLDIN · Jan 2020: −32.3% vs market
DEEPAKFERT · Apr 2023: −31.7% vs market
PDSL · Apr 2025: −31.3% vs market
STLTECH · Mar 2022: −30.8% vs market
CEATLTD · May 2021: −29.0% vs market
HITECH · Feb 2025: −28.0% vs market
SIS · Feb 2024: −27.4% vs market
HUHTAMAKI · Dec 2024: −26.7% vs market
ALICON · May 2025: −26.6% vs market
AARTIDRUGS · Mar 2024: −24.4% vs market
SOMANYCERA · Feb 2025: −21.7% vs market
TVSSRICHAK · Sep 2024: −18.3% vs market
JKLAKSHMI · Sep 2023: −17.6% vs market
RAIN · Nov 2021: −16.5% vs market
INDIANHUME · Jun 2020: −15.4% vs market
GRINFRA · Aug 2022: −14.9% vs market
BIRLACORPN · Apr 2022: −14.6% vs market
SSWL · Apr 2024: −13.4% vs market
WELENT · Jun 2021: −11.7% vs market
GVT&D · Apr 2021: −10.9% vs market
RCF · Jun 2021: −6.6% vs market
FILATEX · Jun 2024: −6.4% vs market
GLENMARK · Feb 2022: −3.5% vs market
MANGLMCEM · Jun 2022: −3.4% vs market
RPSGVENT · May 2023: +2.0% vs market
EPL · Jan 2024: +4.5% vs market
ISGEC · May 2022: +10.2% vs market
KPIL · Mar 2020: +14.8% vs market
VARROC · Oct 2024: +14.9% vs market
EVEREADY · Jun 2025: +16.8% vs market
PNCINFRA · Jul 2022: +18.1% vs market
NCC · Jan 2022: +21.1% vs market
SANDHAR · Jul 2025: +21.8% vs market
GOODLUCK · Oct 2024: +30.4% vs market
FSL · Jan 2023: +36.2% vs market
PARAGMILK · Jan 2025: +40.3% vs market
JINDALSTEL · Nov 2021: +42.7% vs market
CEIGALL · Oct 2025: +64.0% vs market
KIRLOSENG · Nov 2021: +65.9% vs market
TATAPOWER · Jun 2020: +66.6% vs market
ARVIND · Aug 2025: +83.7% vs market
JKPAPER · Jan 2022: +90.2% vs market
WELSPUNLIV · Sep 2025: +97.1% vs market
Similar setups −12.5%All companies −6.3%← worse than the marketbetter than the market →

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

Similar setups' median
−12.5%
All companies' median
−6.3%
Beat the market
38% vs 43%

50 past situations · 50 companies · 38 months · 2020–2025

The closest matches

CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
PNCINFRA
Industrial Services
Jul 2022 11x15% −19%−35% +18%
BIRLACORPN
Non-Energy Minerals
Apr 2022 13x12% +19%−32% −15%
JKLAKSHMI
Non-Energy Minerals
Sep 2023 21x14% +10%−27% −18%
STLTECH
Electronic Technology
Mar 2022 14x12% +16%−28% −31%
VARROC
Producer Manufacturing
Oct 2024 15x17% +13%−25% +15%
Show the other 3 matches
CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
WELSPUNLIV
Consumer Non-Durables
Sep 2025 20x14% −30%−36% +97%
SSWL
Producer Manufacturing
Apr 2024 19x21% +44%−20% −13%
ARVIND
Process Industries
Aug 2025 21x13% −30%−37% +84%
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, ROCE and revenue growth. One match per company and at most 7 from any one month.

Independent periods: the matches fall in 6 distinct 12-month windows. Matches from nearby months share the same market conditions, so fewer windows means less evidence.

How this is built

This is history, not a forecast. These are past situations where other companies had broadly similar reported numbers and price trends. What happened to them does not tell you what will happen to JK TYRE AND INDUSTRIES 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.

Industrial Services
80%similar
P/Edebt/equity
DCM SHRIRAMDCMSHRIRAM
Process Industries
60%similar
revenuemarket cap
GODREJ AGROVETGODREJAGRO
Process Industries
60%similar
revenue growthdebt/equity
Energy Minerals
58%similar
promoter holdingdebt/equity
Non-Energy Minerals
58%similar
P/Erevenue
CEATCEATLTD
Consumer Durables
68%similar
revenueoperating margin
APOLLO TYRESAPOLLOTYRE
Consumer Durables
54%similar
P/Erevenue
NCCNCC
Consumer Durables
52%similar
revenuemarket cap

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

What changed?

30 events since Jun '24

  1. NovPriceVolume reached 8.7x its 50-day median on 2026-11-05; price +8.7% that day.
  2. OctPriceFell 50% from the Feb 2026 peak to the Oct 2026 low.
  3. SepInstitutionsFII + DII holding fell 3.0 pts over 1 quarter to 23.0%.
  4. SepPeer rankSlipped to the 3rd quartile of Consumer Durables on operating margin (from the 2nd quartile).
  5. AugSharesShare count is up 5.5% over 12 months.
  6. JunPeer rankMoved into the 2nd quartile of Consumer Durables on ROCE (from the 3rd quartile).
  7. MayPriceVolume reached 12.9x its 50-day median on 2026-05-27; price +4.9% that day.
  8. MarResultsYear-on-year EPS growth turned positive.
Show 22 earlier events
  1. MarPeer rankMoved into the 2nd quartile of Consumer Durables on EPS growth (from the bottom quartile).
  2. FebPriceRegained the 2024-02 peak, 11 months after the low.
  3. FebPriceVolume reached 7.6x its 50-day median on 2026-02-09; price +2.7% that day.
  4. DecResultsRevenue (TTM) reached a new high of ₹15,313 cr.
  5. DecPeer rankMoved into the 2nd quartile of Consumer Durables on operating margin (from the 3rd quartile).
  6. OctPriceVolume reached 29.0x its 50-day median on 2025-10-28; price +3.6% that day.
  7. SepPriceVolume reached 9.5x its 50-day median on 2025-09-02; price +6.0% that day.
  8. JulSharesShare count is up 5.8% over 12 months.
  9. JunResultsYear-on-year EPS growth turned negative.
  10. JunPeer rankSlipped to the 3rd quartile of Consumer Durables on ROCE (from the 2nd quartile).
  11. JunDebtDebt / equity fell below 1.0x (0.99x).
  12. MayPriceVolume reached 50.9x its 50-day median on 2025-05-21; price +13.1% that day.
  13. MarPriceFell 53% from the Feb 2024 peak to the Mar 2025 low.
  14. MarPeer rankSlipped to the 3rd quartile of Consumer Durables on operating margin (from the 2nd quartile).
  15. FebPriceVolume reached 6.7x its 50-day median on 2025-02-05; price -0.7% that day.
  16. DecPromoterPromoter holding fell 2.6 pts to 50.6% (largest drop since 2024-03).
  17. DecInstitutionsFII + DII holding rose 3.2 pts over 1 quarter to 22.3%.
  18. DecPriceVolume reached 10.1x its 50-day median on 2024-12-09; price +6.9% that day.
  19. JulPriceVolume reached 15.6x its 50-day median on 2024-07-15; price +6.3% that day.
  20. JunResultsRevenue (TTM) reached a new high of ₹15,002 cr.
  21. JunPeer rankMoved into the 2nd quartile of Consumer Durables on ROCE (from the 3rd quartile).
  22. JunSharesShare count is up 6.1% over 12 months.

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 history60 months · 2021-12 to 2026-11
MonthP/ERevenue (TTM)ROEROCEDebt / Equity
2026-1115.4x₹16403 cr11.0%16.0%0.8x
2026-1013.0x₹16403 cr10.8%16.0%0.8x
2026-0915.0x₹16403 cr10.8%16.0%0.8x
2026-0813.7x₹16326 cr12.8%16.0%0.8x
2026-0714.5x₹16326 cr12.8%16.0%0.8x
2026-0614.3x₹16326 cr12.8%16.0%0.8x
2026-0516.3x₹15862 cr14.0%13.0%1.0x
2026-0416.2x₹15862 cr14.0%13.0%1.0x
2026-0315.2x₹15862 cr14.0%13.0%1.0x
2026-0225.4x₹15313 cr10.9%13.0%1.0x
2026-0126.4x₹15313 cr10.9%13.0%1.0x
2025-1225.5x₹15313 cr10.9%13.0%1.0x
2025-1127.3x₹14924 cr9.1%13.0%1.0x
2025-1026.4x₹14924 cr9.1%13.0%1.0x
2025-0921.9x₹14924 cr9.1%13.0%1.0x
2025-0817.3x₹14694 cr10.2%13.0%1.0x
2025-0718.1x₹14694 cr10.2%13.0%1.0x
2025-0619.3x₹14694 cr10.2%13.0%1.0x
2025-0517.4x₹14633 cr13.0%19.0%1.0x
2025-0414.5x₹14633 cr13.0%19.0%1.0x
2025-0312.9x₹14633 cr13.0%19.0%1.0x
2025-029.5x₹14647 cr16.9%19.0%1.0x
2025-0111.3x₹14647 cr16.9%19.0%1.0x
2024-1213.9x₹14647 cr16.9%19.0%1.0x
2024-1111.6x₹14923 cr19.3%19.0%1.0x
2024-1012.1x₹14923 cr19.3%19.0%1.0x
2024-0913.1x₹14923 cr19.3%19.0%1.0x
2024-0813.3x₹15002 cr18.0%19.0%1.0x
2024-0714.7x₹15002 cr18.0%19.0%1.0x
2024-0614.2x₹15002 cr18.0%19.0%1.0x
2024-0538.0x₹14645 cr7.7%11.0%1.4x
2024-0439.6x₹14645 cr7.7%11.0%1.4x
2024-0340.5x₹14645 cr7.7%11.0%1.4x
2024-0248.8x₹14645 cr7.7%11.0%1.4x
2024-0149.4x₹14645 cr7.7%11.0%1.4x
2023-1237.4x₹14645 cr7.7%11.0%1.4x
2023-1133.2x₹14645 cr7.7%11.0%1.4x
2023-1028.5x₹14645 cr7.7%11.0%1.4x
2023-0926.1x₹14645 cr7.7%11.0%1.4x
2023-0825.4x₹14645 cr7.7%11.0%1.4x
2023-0725.0x₹14645 cr7.7%11.0%1.4x
2023-0622.2x₹14645 cr7.7%11.0%1.4x
2023-0521.7x₹11983 cr7.1%9.0%1.8x
2023-0420.9x₹11983 cr7.1%9.0%1.8x
2023-0318.2x₹11983 cr7.1%9.0%1.8x
2023-0217.3x₹11983 cr7.1%9.0%1.8x
2023-0119.7x₹11983 cr7.1%9.0%1.8x
2022-1221.6x₹11983 cr7.1%9.0%1.8x
2022-1123.6x₹11983 cr7.1%9.0%1.8x
2022-1020.4x₹11983 cr7.1%9.0%1.8x
2022-0919.5x₹11983 cr7.1%9.0%1.8x
2022-0816.4x₹11983 cr7.1%9.0%1.8x
2022-0713.8x₹11983 cr7.1%9.0%1.8x
2022-0611.9x₹11983 cr7.1%9.0%1.8x
2022-058.9x₹9102 cr12.4%12.0%1.8x
2022-049.9x₹9102 cr12.4%12.0%1.8x
2022-039.0x₹9102 cr12.4%12.0%1.8x
2022-028.1x₹9102 cr12.4%12.0%1.8x
2022-0110.4x₹9102 cr12.4%12.0%1.8x
2021-1210.7x₹9102 cr12.4%12.0%1.8x

Older months are in the live observatory.

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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