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JUST DIAL LIMITED (JUSTDIAL)

Technology Services · Internet Software/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.63 / 100
Profitability 52Growth 36Balance 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.41 / 100
Price 63Earnings 45FII/DII 14
Compare withINFO EDGE (INDIA)PB FINTECHCARTRADE TECH

Share price

Closing priceAdjusted for splits and bonus issues.

₹677.95 latest close · +23.3% over the last 90 sessions

₹600₹700₹800Jul 3Jul 29Aug 24Sep 17Oct 14Nov 9 ₹600₹700₹800Jul 3Sep 4Nov 9

₹677.95 month-end · −8.1% over 12 months

₹500₹600₹700Nov '25Jan '26Apr '26Jun '26Sep '26Nov '26 ₹500₹600₹700Nov '25May '26Nov '26

₹677.95 month-end · −5.8% over 3 years

₹500₹750₹1,000₹1,250Nov '23Jun '24Jan '25Sep '25Apr '26Nov '26 ₹500₹750₹1,000₹1,250Nov '23May '25Nov '26

₹677.95 month-end · +42.1% since Jan '19

₹500₹1,000Jan '19Aug '20Mar '22Sep '23Apr '25Nov '26 ₹500₹1,000Jan '19Dec '22Nov '26

52-week range ₹480.50 to ₹838.30 · 1-year volatility 39.9%

Was the rally earned?

-8%share price, 1 yearMultiple-driven

Mostly the multiple.

  • Most of the fall came from investors paying a lower multiple (P/E 17.3x to 15.9x); per-share earnings added 0 points.
  • The share count barely moved.
Net profit growth: 0 pts. Points of the price return explained by net profit growing (or shrinking).0 ptsNet profit growthP/E change: −8 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−8 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: −8%−8%Share priceNet profit growth: 0 pts. Points of the price return explained by net profit growing (or shrinking).0ProfitP/E change: −8 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−8P/EShare count change: 0 pts. Points of the price return explained by the share count changing. More shares count against the price.0SharesShare price: −8%−8%Share price
Net profit growth0 ptsNet profit was little changed.
P/E change-8 ptsThe P/E fell from 17.3x to 15.9x, which lowers the price.
Share count change0 ptsShare count was little changed. More shares would count against the price.
-6%share price, 3 yearsLower P/E held it back

Earnings helped, the multiple did not.

  • Per-share earnings added 20 points, but investors now pay less per rupee of profit (P/E 20.7x to 15.9x), which took 25 points back.
  • The share count barely moved.
Net profit growth: +21 pts. Points of the price return explained by net profit growing (or shrinking).+21 ptsNet profit growthP/E change: −25 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−25 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: −6%−6%Share priceNet profit growth: +21 pts. Points of the price return explained by net profit growing (or shrinking).+21ProfitP/E change: −25 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−25P/EShare count change: −1 pts. Points of the price return explained by the share count changing. More shares count against the price.−1SharesShare price: −6%−6%Share price
Net profit growth+21 ptsNet profit rose about 24%, which lifts the price.
P/E change-25 ptsThe P/E fell from 20.7x to 15.9x, which lowers the price.
Share count change-1 ptsShare count was little changed. More shares would count against the price.
+4%share price, 5 yearsRoughly flat
  • The share price was roughly flat over 5 years (+4%).
  • The share count rose 38%.
Net profit growth: +54 pts. Points of the price return explained by net profit growing (or shrinking).+54 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: −32 pts. Points of the price return explained by the share count changing. More shares count against the price.−32 ptsShare count changeShare price: +4%+4%Share priceNet profit growth: +54 pts. Points of the price return explained by net profit growing (or shrinking).+54ProfitP/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: −32 pts. Points of the price return explained by the share count changing. More shares count against the price.−32SharesShare price: +4%+4%Share price
Net profit growth+54 ptsNet profit rose about 70%, which lifts the price.
P/E change-18 ptsThe P/E fell from 18.9x to 15.9x, which lowers the price.
Share count change-32 ptsShare count rose 38%, 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 INFO EDGE (INDIA)

How rough has the ride been?

Maximum drawdown-66.6%recovered 2021-03
1-year volatility39.9%annualised
Beta vs sector index0.613-year daily, correlation 0.29
Volume spikes16last 90 sessions, 5x the 50-day median

Drawdown from peak

0%−20%−40%−60%2020202120222023202420252026−65.8% 0%−20%−40%−60%2020202220242026−65.8%
Largest drawdowns

-66.6% (2019-07 peak to 2020-03 low, recovered 2021-03)

-63.8% (2024-08 peak to 2026-03 low, not yet recovered)

-52.0% (2021-07 peak to 2022-06 low, recovered 2024-04)

Most recent volume spikes

2026-10-23: 7.1x the 50-day median, price -7.1% that day

2026-10-22: 15.1x the 50-day median, price -1.0% that day

2026-10-21: 57.2x the 50-day median, price +4.9% 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?

15.9xP/E todayWithin its usual range
Against its own history22nd percentile
CheapestMedian 21.6xDearest

Usual range 12.5x to 66.3x since 2019-01.

Against Technology Services15.9x vs 21.1x
This company
15.9x
Sector median
21.1x

25% below the Technology Services median.

7.4x71.3x135.2x199.2xJan '19Aug '20Mar '22Oct '23May '25Nov '267.4x71.3x135.2x199.2xJan '19Sep '21May '24Nov '26
P/E (this company)10th to 90th percentile of its own historyIts medianTechnology Services median

The chart loads when you open this tab.

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

The chart loads when you open this tab.

P/S (this company)10th to 90th percentile of its own historyIts medianTechnology Services 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 Technology Services is valued

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

  • ROCE21st▼ 4 pts vs a year ago
  • Op. margin83rdflat vs a year ago
  • Revenue growth18th▼ 8 pts vs a year ago
  • EPS growth32nd▼ 6 pts vs a year ago
  • Debt/equity ↓74thflat vs a year ago
  • Cash cycle ↓92ndflat vs a year ago
  • P/E ↓65th▼ 12 pts vs a year ago
  • 12M momentum69th▲ 37 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?

~19%annual earnings growth implied by the price

At a P/E of 26.6x, the price would imply about 18.6%/yr earnings growth for 10 years under the same assumptions, but it is not ranked.

Earnings figures have not updated recently, so the company is left out of the lists.

“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
₹677.95
P/E
15.9x
ROCE
5.0%
Market Cap
₹5770 cr
Revenue (TTM)
₹1043 cr
P/S
5.5x
P/B
1.4x
ROE
9.0%
Operating Margin
26.0%
Debt / Equity
0.0x
Promoter Holding
74.1%
12M Momentum
-8.1%

52-week range

₹480.50₹838.30
55% of the way from its 52-week low to its high

Price risk

1Y volatility
39.9%
Beta vs sector
1-year daily
0.64

Balance sheet & cash

Interest cover
operating profit ÷ interest
52.9x
Cash from profit, 3Y
operating cash flow ÷ net profit
0.80x
Share count, 1Y
unchanged

Are profits backed by cash?

4 of 6checks within range1 beyond a threshold
Other income reliance65%Beyond threshold

Other income as a share of pre-tax profit (trailing twelve months): 65.5%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate22%Within range

Median quarterly effective tax rate over about 2.5 years: 22.0%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion0.80xNear threshold

Operating cash flow divided by net profit over the last three fiscal years: 0.80x (cash from operations ₹477 cr, net profit ₹597 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 (0 vs 0). 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 1.7 pts; DIIs added 0.5 pts.

Holdings, Jun '26

How each group changed

GroupSep '23Jun '26Change
Promoters74.3%74.1%-0.2 pts
FIIs4.9%3.2%-1.7 pts
DIIs9.4%9.9%+0.5 pts
Public and others11.4%12.8%+1.3 pts

Number of shareholders

82,236shareholders-3% since Sep '23
73k77k81k85k Sep '23Jun '24Mar '25Dec '25Jun '26
Sep '23: 84,585
Dec '23: 79,372
Mar '24: 76,660
Jun '24: 73,054
Sep '24: 76,713
Dec '24: 81,848
Mar '25: 79,939
Jun '25: 81,344
Sep '25: 84,460
Dec '25: 83,604
Mar '26: 82,557
Jun '26: 82,236
 73k77k81k85k Sep '23Sep '24Sep '25Jun '26
Sep '23: 84,585
Dec '23: 79,372
Mar '24: 76,660
Jun '24: 73,054
Sep '24: 76,713
Dec '24: 81,848
Mar '25: 79,939
Jun '25: 81,344
Sep '25: 84,460
Dec '25: 83,604
Mar '26: 82,557
Jun '26: 82,236

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

+0.6%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 JUST DIAL 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 −25% to +19% vs the market, against −5% for all non-financial companies in the same months.
  • The gap against the base rate (+5.1%, 80% range −4.2% to +9.0%) is within what chance and overlapping periods produce.

Where the 50 outcomes landed

−50%0%+50%+100%
BHARATRAS · Apr 2025: −45.3% vs market
FINPIPE · Oct 2024: −39.6% vs market
LAOPALA · Jul 2025: −36.6% vs market
RAILTEL · Oct 2025: −36.1% vs market
DEN · Dec 2023: −35.0% vs market
SUNTECK · Oct 2025: −33.1% vs market
SANOFI · Oct 2024: −31.4% vs market
QUICKHEAL · May 2021: −31.2% vs market
NOCIL · Jun 2024: −29.6% vs market
MOIL · Aug 2020: −29.0% vs market
DELTACORP · Apr 2025: −27.9% vs market
RAMCOIND · Feb 2021: −27.1% vs market
SEAMECLTD · Jan 2022: −24.9% vs market
JAICORPLTD · Jun 2021: −24.8% vs market
IPL · May 2025: −22.8% vs market
BALMLAWRIE · Jul 2020: −21.6% vs market
CHEMCON · Oct 2025: −19.0% vs market
NINSYS · Mar 2025: −9.2% vs market
ADVENZYMES · Aug 2023: −7.7% vs market
XCHANGING · Jun 2023: −6.9% vs market
SASKEN · Jul 2024: −6.0% vs market
IMPAL · Feb 2020: −6.0% vs market
FDC · May 2024: −3.4% vs market
NIITLTD · Jul 2024: −0.4% vs market
TREJHARA · Nov 2024: +0.5% vs market
TTKHLTCARE · Jul 2021: +0.6% vs market
ZYDUSWELL · Nov 2024: +2.3% vs market
GEECEE · Sep 2025: +3.5% vs market
WONDERLA · May 2021: +6.2% vs market
KRSNAA · Dec 2023: +6.7% vs market
GRAPHITE · Dec 2024: +7.5% vs market
BALAMINES · Jun 2025: +10.3% vs market
CARERATING · May 2023: +10.7% vs market
GUJALKALI · Oct 2021: +14.4% vs market
OSWALGREEN · Jan 2023: +15.2% vs market
HINDCOMPOS · Apr 2020: +17.0% vs market
KRBL · Aug 2022: +17.1% vs market
SILINV · Mar 2024: +20.1% vs market
GPPL · Jan 2023: +34.9% vs market
GLAND · Jun 2025: +35.8% vs market
BSE · May 2020: +46.3% vs market
BOROLTD · Oct 2021: +46.7% vs market
DEEPINDS · May 2024: +47.7% vs market
ALEMBICLTD · Feb 2020: +55.4% vs market
MAHLIFE · Mar 2020: +64.6% vs market
NUCLEUS · Feb 2023: +65.2% vs market
GMDCLTD · Feb 2021: +78.1% vs market
BDL · Mar 2022: +89.6% vs market
LINDEINDIA · Jan 2021: +121.7% vs market
TECHNOE · Jun 2023: +191.3% vs market
Similar setups +0.6%All companies −4.5%← 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
+0.6%
All companies' median
−4.5%
Beat the market
52% vs 45%

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

The closest matches

CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
RAMCOIND
Non-Energy Minerals		 Feb 2021 13x3% +47%−4% −27%
GRAPHITE
Process Industries		 Dec 2024 24x1% +3%−18% +8%
FINPIPE
Producer Manufacturing		 Oct 2024 22x11% +58%−13% −40%
ADVENZYMES
Consumer Non-Durables		 Aug 2023 35x12% +22%−4% −8%
BSE
Finance		 May 2020 10x8% −39%−40% +46%
Show the other 3 matches
CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
GPPL
Transportation		 Jan 2023 21x14% −4%−10% +35%
LINDEINDIA
Process Industries		 Jan 2021 11x10% +21%−10% +122%
NINSYS
Technology Services		 Mar 2025 34x— −8%−32% −9%
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, drawdown from 12-month high and debt/equity. 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 JUST DIAL 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.

NAVNEET EDUCATIONNAVNETEDUL
Producer Manufacturing
59%similar
operating margindebt/equity
HATHWAY CABLE & DATACOM LIMITEHATHWAY
Consumer Services
56%similar
revenue growthROCE
RAILTEL CORPORATION OF INDRAILTEL
Communications
56%similar
debt/equityvolatility
GUJARAT MINERAL DEVELOPMENT COGMDCLTD
Energy Minerals
55%similar
P/Epromoter holding
MAITHAN ALLOYSMAITHANALL
Non-Energy Minerals
55%similar
volatilitypromoter holding
DATAMATICS GLOBAL SERVICES LIMDATAMATICS
Technology Services
42%similar
volatilityEPS growth
MATRIMONY.COMMATRIMONY
Technology Services
32%similar
EPS growthrevenue growth
XCHANGING SOLUTIONSXCHANGING
Technology Services
32%similar
revenue growthEPS growth

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

What changed?

30 events since Sep '22

  1. OctPriceVolume reached 140.1x its 50-day median on 2026-10-19; price +2.6% that day.
  2. JulPriceVolume reached 371.3x its 50-day median on 2026-07-14; price +16.7% that day.
  3. JunPeer rankSlipped to the 3rd quartile of Technology Services on EPS growth (from the 2nd quartile).
  4. AprPriceVolume reached 6.3x its 50-day median on 2026-04-15; price -4.8% that day.
  5. MarPriceFell 64% from the Aug 2024 peak to the Mar 2026 low.
  6. MarPeer rankMoved into the 2nd quartile of Technology Services on EPS growth (from the 3rd quartile).
  7. FebValuationP/E fell below the 10th percentile of its own history to date (12.9x).
  8. FebPriceVolume reached 11.4x its 50-day median on 2026-02-27; price -4.9% that day.
Show 22 earlier events
  1. OctPriceVolume reached 11.6x its 50-day median on 2025-10-13; price +3.4% that day.
  2. JulPriceVolume reached 8.7x its 50-day median on 2025-07-16; price -4.9% that day.
  3. AprPriceVolume reached 54.1x its 50-day median on 2025-04-21; price +11.5% that day.
  4. JanPriceVolume reached 15.5x its 50-day median on 2025-01-13; price -13.1% that day.
  5. DecPeer rankSlipped to the 3rd quartile of Technology Services on EPS growth (from the 2nd quartile).
  6. OctPriceVolume reached 12.7x its 50-day median on 2024-10-11; price +3.0% that day.
  7. SepPeer rankSlipped to the 2nd quartile of Technology Services on EPS growth (from the top quartile).
  8. JulPriceVolume reached 46.3x its 50-day median on 2024-07-18; price +20.0% that day.
  9. AprPriceRegained the 2021-07 peak, 22 months after the low.
  10. AprPriceVolume reached 50.8x its 50-day median on 2024-04-18; price +13.3% that day.
  11. MarPeer rankMoved into the top quartile of Technology Services on operating margin (from the 2nd quartile).
  12. JanPriceVolume reached 51.1x its 50-day median on 2024-01-11; price +4.9% that day.
  13. DecResultsRevenue (TTM) reached a new high of ₹962 cr.
  14. OctPriceVolume reached 5.8x its 50-day median on 2023-10-12; price +1.5% that day.
  15. JulPriceVolume reached 14.0x its 50-day median on 2023-07-14; price +7.6% that day.
  16. JunPeer rankMoved into the top quartile of Technology Services on EPS growth (from the 3rd quartile).
  17. AprPriceVolume reached 21.4x its 50-day median on 2023-04-18; price +2.5% that day.
  18. MarResultsYear-on-year EPS growth turned positive.
  19. MarPeer rankMoved into the 3rd quartile of Technology Services on EPS growth (from the bottom quartile).
  20. JanPriceVolume reached 20.6x its 50-day median on 2023-01-18; price +5.9% that day.
  21. OctPriceVolume reached 9.1x its 50-day median on 2022-10-17; price +4.9% that day.
  22. SepPriceVolume reached 5.7x its 50-day median on 2022-09-02; price +2.3% that day.

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

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

Monthly history95 months · 2019-01 to 2026-11
MonthP/ERevenue (TTM)ROEROCEDebt / Equity
2026-1115.9x₹1043 cr9.0%5.0%0.0x
2026-1015.1x₹1043 cr9.0%5.0%0.0x
2026-0915.6x₹1043 cr9.0%5.0%0.0x
2026-0816.6x₹1043 cr9.0%5.0%0.0x
2026-0716.8x₹1043 cr9.0%5.0%0.0x
2026-0612.3x₹1043 cr9.0%5.0%0.0x
2026-0512.3x₹1043 cr9.0%5.0%0.0x
2026-0412.3x₹1043 cr9.0%5.0%0.0x
2026-0311.5x₹1043 cr9.0%5.0%0.0x
2026-0212.9x₹1043 cr9.0%5.0%0.0x
2026-0115.7x₹1043 cr9.0%5.0%0.0x
2025-1217.0x₹1043 cr9.0%5.0%0.0x
2025-1117.3x₹1043 cr9.0%5.0%0.0x
2025-1018.1x₹1043 cr9.0%5.0%0.0x
2025-0919.4x₹1043 cr9.0%5.0%0.0x
2025-0819.0x₹1043 cr9.0%5.0%0.0x
2025-0719.7x₹1043 cr9.0%5.0%0.0x
2025-0621.8x₹1043 cr9.0%5.0%0.0x
2025-0520.8x₹1043 cr9.0%5.0%0.0x
2025-0421.9x₹1043 cr9.0%5.0%0.0x
2025-0319.1x₹1043 cr9.0%5.0%0.0x
2025-0219.7x₹1043 cr9.0%5.0%0.0x
2025-0120.9x₹1043 cr9.0%5.0%0.0x
2024-1223.3x₹1043 cr9.0%5.0%0.0x
2024-1125.9x₹1043 cr9.0%5.0%0.0x
2024-1026.6x₹1043 cr9.0%5.0%0.0x
2024-0927.1x₹1043 cr9.0%5.0%0.0x
2024-0829.3x₹1043 cr9.0%5.0%0.0x
2024-0729.8x₹1043 cr9.0%5.0%0.0x
2024-0624.1x₹1043 cr9.0%5.0%0.0x
2024-0523.9x₹1006 cr9.0%2.0%0.0x
2024-0429.6x₹1006 cr9.0%2.0%0.0x
2024-0320.6x₹1006 cr9.0%2.0%0.0x
2024-0224.9x₹962 cr8.6%2.0%0.0x
2024-0122.3x₹962 cr8.6%2.0%0.0x
2023-1221.6x₹962 cr8.6%2.0%0.0x
2023-1120.7x₹906 cr8.0%2.0%0.0x
2023-1021.1x₹906 cr8.0%2.0%0.0x
2023-0920.9x₹906 cr8.0%2.0%0.0x
2023-0839.5x₹845 cr4.4%2.0%0.0x
2023-0740.0x₹845 cr4.4%2.0%0.0x
2023-0638.3x₹845 cr4.4%2.0%0.0x
2023-0558.1x₹779 cr2.9%0.0%0.0x
2023-0456.2x₹779 cr2.9%0.0%0.0x
2023-0349.5x₹779 cr2.9%0.0%0.0x
2023-02106.8x₹717 cr1.3%0.0%0.0x
2023-01116.7x₹717 cr1.3%0.0%0.0x
2022-12111.1x₹717 cr1.3%0.0%0.0x
2022-11189.1x₹668 cr0.7%0.0%0.0x
2022-10199.2x₹668 cr0.7%0.0%0.0x
2022-09180.0x₹668 cr0.7%0.0%0.0x
2022-0871.2x₹647 cr2.0%0.0%0.0x
2022-0769.8x₹647 cr2.0%0.0%0.0x
2022-0667.9x₹647 cr2.0%0.0%0.0x
2022-0559.5x₹656 cr6.5%12.0%0.0x
2022-0477.2x₹656 cr6.5%12.0%0.0x
2022-0364.0x₹656 cr6.5%12.0%0.0x
2022-0221.5x₹675 cr16.9%12.0%0.0x
2022-0126.2x₹675 cr16.9%12.0%0.0x
2021-1223.6x₹675 cr16.9%12.0%0.0x
2021-1118.9x₹675 cr16.9%12.0%0.0x
2021-1023.0x₹675 cr16.9%12.0%0.0x
2021-0928.6x₹675 cr16.9%12.0%0.0x
2021-0827.5x₹675 cr16.9%12.0%0.0x
2021-0727.9x₹675 cr16.9%12.0%0.0x
2021-0627.8x₹675 cr16.9%12.0%0.0x
2021-0522.5x₹953 cr21.1%22.0%0.1x
2021-0420.9x₹953 cr21.1%22.0%0.1x
2021-0320.6x₹953 cr21.1%22.0%0.1x
2021-0217.0x₹953 cr21.1%22.0%0.1x
2021-0114.3x₹953 cr21.1%22.0%0.1x
2020-1215.1x₹953 cr21.1%22.0%0.1x
2020-1114.5x₹953 cr21.1%22.0%0.1x
2020-1015.5x₹953 cr21.1%22.0%0.1x
2020-099.1x₹953 cr21.1%22.0%0.1x
2020-088.9x₹953 cr21.1%22.0%0.1x
2020-078.7x₹953 cr21.1%22.0%0.1x
2020-069.6x₹953 cr21.1%22.0%0.1x
2020-0512.3x₹892 cr20.7%22.0%0.0x
2020-0412.7x₹892 cr20.7%22.0%0.0x
2020-039.2x₹892 cr20.7%22.0%0.0x
2020-0214.6x₹892 cr20.7%22.0%0.0x
2020-0117.6x₹892 cr20.7%22.0%0.0x
2019-1217.9x₹892 cr20.7%22.0%0.0x
2019-1117.7x₹892 cr20.7%22.0%0.0x
2019-1018.4x₹892 cr20.7%22.0%0.0x
2019-0921.6x₹892 cr20.7%22.0%0.0x
2019-0822.3x₹892 cr20.7%22.0%0.0x
2019-0721.8x₹892 cr20.7%22.0%0.0x
2019-0623.8x₹892 cr20.7%22.0%0.0x
2019-0536.0x₹782 cr14.6%16.0%0.0x
2019-0427.2x₹782 cr14.6%16.0%0.0x
2019-0328.4x₹782 cr14.6%16.0%0.0x
2019-0224.3x₹782 cr14.6%16.0%0.0x
2019-0122.4x₹782 cr14.6%16.0%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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