अApnaFunda
Menu

KSOLVES INDIA LIMITED (KSOLVES)

Technology Services · Packaged Software · 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.77 / 100
Profitability 96Growth 66Balance sheet 70
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.30 / 100
Price 9Earnings 45FII/DII 35

Passes these screensCash RichQuality CompounderValue PickDebt-light & profitableConsistent compounders

Compare withONE 97 COMMUNICATIONS PAYTMORACLE FINANCIAL SERVICES SOFTMPHASIS

Share price

Closing priceAdjusted for splits and bonus issues.

₹213.19 latest close · −25.6% over the last 90 sessions

₹200₹250₹300Jul 3Jul 29Aug 24Sep 17Oct 14Nov 9 ₹200₹250₹300Jul 3Sep 4Nov 9

₹213.19 month-end · −30.9% over 12 months

₹200₹250₹300Nov '25Jan '26Apr '26Jun '26Sep '26Nov '26 ₹200₹250₹300Nov '25May '26Nov '26

₹213.19 month-end · −60.0% over 3 years

₹200₹400₹600Nov '23Jun '24Jan '25Sep '25Apr '26Nov '26 ₹200₹400₹600Nov '23May '25Nov '26

₹213.19 month-end · +1502.9% since Jul '20

₹0₹200₹400₹600Jul '20Oct '21Jan '23May '24Aug '25Nov '26 ₹0₹200₹400₹600Jul '20Sep '23Nov '26

52-week range ₹198.00 to ₹353.99 · 1-year volatility 42.3%

Was the rally earned?

-31%share price, 1 yearLower P/E held it back

Earnings helped, the multiple did not.

  • Per-share earnings added 13 points, but investors now pay less per rupee of profit (P/E 23.0x to 13.6x), which took 44 points back.
  • The share count barely moved.
Net profit growth: +13 pts. Points of the price return explained by net profit growing (or shrinking).+13 ptsNet profit growthP/E change: −44 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−44 ptsP/E changeShare price: −31%−31%Share priceNet profit growth: +13 pts. Points of the price return explained by net profit growing (or shrinking).+13ProfitP/E change: −44 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−44P/EShare price: −31%−31%Share price
Net profit growth+13 ptsNet profit rose about 17%, which lifts the price.
P/E change-44 ptsThe P/E fell from 23.0x to 13.6x, which lowers the price.
Share count change0 ptsShare count was little changed. More shares would count against the price.
-60%share price, 3 yearsLower P/E held it back

Earnings helped, the multiple did not.

  • Per-share earnings added 27 points, but investors now pay less per rupee of profit (P/E 51.1x to 13.6x), which took 87 points back.
  • The share count barely moved.
Net profit growth: +26 pts. Points of the price return explained by net profit growing (or shrinking).+26 ptsNet profit growthP/E change: −87 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−87 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: −60%−60%Share priceNet profit growth: +26 pts. Points of the price return explained by net profit growing (or shrinking).+26ProfitP/E change: −87 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−87P/EShare count change: +1 pts. Points of the price return explained by the share count changing. More shares count against the price.+1SharesShare price: −60%−60%Share price
Net profit growth+26 ptsNet profit rose about 48%, which lifts the price.
P/E change-87 ptsThe P/E fell from 51.1x to 13.6x, which lowers the price.
Share count change+1 ptsShare count was little changed. More shares would count against the price.
+38%share price, 5 yearsLower P/E held it back

Mostly yes, with a catch.

  • Per-share earnings added 170 points, but investors now pay less per rupee of profit (P/E 41.5x to 13.6x), which took 131 points back.
  • The share count fell 2%.
Net profit growth: +167 pts. Points of the price return explained by net profit growing (or shrinking).+167 ptsNet profit growthP/E change: −131 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−131 ptsP/E changeShare count change: +2 pts. Points of the price return explained by the share count changing. More shares count against the price.+2 ptsShare count changeShare price: +38%+38%Share priceNet profit growth: +167 pts. Points of the price return explained by net profit growing (or shrinking).+167ProfitP/E change: −131 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−131P/EShare count change: +2 pts. Points of the price return explained by the share count changing. More shares count against the price.+2SharesShare price: +38%+38%Share price
Net profit growth+167 ptsNet profit rose about 312%, which lifts the price.
P/E change-131 ptsThe P/E fell from 41.5x to 13.6x, which lowers the price.
Share count change+2 ptsShare count fell 2%, 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 ONE 97 COMMUNICATIONS PAYTM

How rough has the ride been?

Maximum drawdown-75.5%recovered 2020-11
1-year volatility42.3%annualised
Beta vs sector index0.683-year daily, correlation 0.31
Volume spikes3last 90 sessions, 5x the 50-day median

Drawdown from peak

0%−25%−50%−75%202120222023202420252026−75.3% 0%−25%−50%−75%202120232025−75.3%
Largest drawdowns

-75.5% (2020-07 peak to 2020-07 low, recovered 2020-11)

-71.8% (2023-08 peak to 2026-10 low, not yet recovered)

-57.7% (2021-08 peak to 2022-02 low, recovered 2023-05)

Most recent volume spikes

2026-10-23: 11x the 50-day median, price -10.2% that day

2026-07-16: 7.3x the 50-day median, price -5.7% that day

2026-07-15: 71.3x the 50-day median, price +7.0% 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?

13.6xP/E todayNear its historic low
Against its own history4th percentile
CheapestMedian 32.2xDearest

Usual range 19.6x to 57.5x since 2020-07.

Against Technology Services13.6x vs 21.1x
This company
13.6x
Sector median
21.1x

35% below the Technology Services median.

12.5x38.9x65.4x91.8xJul '20Nov '21Mar '23Jul '24Nov '25Nov '2612.5x38.9x65.4x91.8xJul '20Sep '22Nov '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

  • ROCE100thflat vs a year ago
  • Op. margin92nd▲ 8 pts vs a year ago
  • Revenue growth59th▼ 13 pts vs a year ago
  • EPS growth60th▲ 27 pts vs a year ago
  • Debt/equity ↓37th▲ 27 pts vs a year ago
  • Cash cycle ↓58th▼ 8 pts vs a year ago
  • P/E ↓76th▲ 10 pts vs a year ago
  • 12M momentum37th▲ 13 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?

~10%annual earnings growth implied by the price

At a P/E of 17.7x, the price would imply about 10.2%/yr earnings growth for 10 years under the same assumptions, but it is not ranked.

Below the ₹1,000 cr market-cap floor used for 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
₹213.19
P/E
13.6x
ROCE
132.0%
Market Cap
₹505 cr
Revenue (TTM)
₹166 cr
P/S
3.0x
P/B
16.8x
ROE
123.6%
Operating Margin
30.3%
Debt / Equity
0.2x
Promoter Holding
58.9%
12M Momentum
-30.9%

52-week range

₹198.00₹353.99
10% of the way from its 52-week low to its high

Price risk

1Y volatility
42.3%
Beta vs sector
1-year daily
0.74

Balance sheet & cash

Interest cover
operating profit ÷ interest
60.6x
Cash from profit, 3Y
operating cash flow ÷ net profit
0.96x
Share count, 1Y
unchanged

Are profits backed by cash?

6 of 6checks within rangeAll clear
Other income reliance3%Within range

Other income as a share of pre-tax profit (trailing twelve months): 2.9%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate24%Within range

Median quarterly effective tax rate over about 2.5 years: 24.3%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion0.96xWithin range

Operating cash flow divided by net profit over the last three fiscal years: 0.96x (cash from operations ₹98 cr, net profit ₹102 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+14 daysWithin range

Debtor days are above the median of the previous three fiscal years by 14 days (70 vs 56). 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 1.9 pts.
  • The number of shareholders rose from 36,057 to 58,234 (+62%) between Sep 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupSep '23Jun '26Change
Promoters58.9%58.9%0.0 pts
FIIs1.9%0.0%-1.9 pts
DIIs0.0%0.0%0.0 pts
Public and others39.2%41.1%+1.9 pts

Number of shareholders

58,234shareholders+62% since Sep '23
36k45k53k62k Sep '23Jun '24Mar '25Dec '25Jun '26
Sep '23: 36,057
Dec '23: 43,572
Mar '24: 46,302
Jun '24: 48,871
Sep '24: 55,284
Dec '24: 58,588
Mar '25: 60,596
Jun '25: 61,853
Sep '25: 62,190
Dec '25: 60,944
Mar '26: 59,268
Jun '26: 58,234
 36k45k53k62k Sep '23Sep '24Sep '25Jun '26
Sep '23: 36,057
Dec '23: 43,572
Mar '24: 46,302
Jun '24: 48,871
Sep '24: 55,284
Dec '24: 58,588
Mar '25: 60,596
Jun '25: 61,853
Sep '25: 62,190
Dec '25: 60,944
Mar '26: 59,268
Jun '26: 58,234

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

−6.2%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 KSOLVES INDIA 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 +27% vs the market, against −5% for all non-financial companies in the same months.
  • The gap against the base rate (−0.9%, 80% range −7.1% to +4.5%) is within what chance and overlapping periods produce.

Where the 50 outcomes landed

−50%0%+50%+100%
DOLATALGO · Sep 2022: −43.4% vs market
SYMPHONY · Aug 2025: −41.7% vs market
ANDHRAPAP · Jan 2020: −40.6% vs market
NIITMTS · May 2025: −38.3% vs market
RADIANTCMS · May 2025: −36.2% vs market
EMSLIMITED · Aug 2025: −34.4% vs market
MARKSANS · Sep 2021: −32.7% vs market
ROLEXRINGS · Apr 2024: −32.7% vs market
IPL · May 2023: −31.3% vs market
FOCUS · Jun 2024: −31.2% vs market
EXPLEOSOL · Aug 2023: −31.1% vs market
MOLDTECH · Jan 2025: −31.0% vs market
BASILIC · Mar 2025: −28.0% vs market
TANLA · Aug 2024: −27.8% vs market
NINSYS · Jan 2025: −27.5% vs market
RADHIKAJWE · Sep 2025: −21.3% vs market
JTLIND · Mar 2024: −20.0% vs market
SANOFI · Aug 2024: −18.1% vs market
SHAREINDIA · Jul 2023: −14.1% vs market
ACCELYA · Dec 2023: −11.6% vs market
ALLDIGI · Jun 2025: −11.2% vs market
EXCELINDUS · Feb 2020: −10.5% vs market
FCL · Apr 2025: −9.4% vs market
PUNJABCHEM · Dec 2022: −8.2% vs market
SBCL · May 2024: −6.6% vs market
THYROCARE · May 2023: −5.7% vs market
ACI · Apr 2024: −5.4% vs market
CASTROLIND · Jan 2025: −2.1% vs market
CIGNITITEC · May 2021: −0.8% vs market
SUPRIYA · May 2023: +3.0% vs market
KSL · Apr 2025: +14.0% vs market
BALAXI · Jul 2022: +14.9% vs market
APOLSINHOT · May 2020: +18.2% vs market
STEELCAS · Dec 2023: +18.8% vs market
AKSHARCHEM · Mar 2021: +21.3% vs market
AUTOAXLES · Apr 2020: +22.0% vs market
BAJAJCON · May 2020: +25.1% vs market
ACCENTMIC · Dec 2024: +28.1% vs market
BLISSGVS · Feb 2020: +29.0% vs market
CAPLIPOINT · Jan 2020: +34.1% vs market
EFFWA · Aug 2025: +34.7% vs market
MSTCLTD · Oct 2022: +49.4% vs market
ARROWGREEN · Sep 2025: +51.6% vs market
ECLERX · May 2024: +53.6% vs market
SIGMA · Mar 2025: +54.3% vs market
RSYSTEMS · Dec 2022: +70.4% vs market
JAMNAAUTO · May 2020: +87.6% vs market
SIGACHI · May 2023: +88.7% vs market
APCOTEXIND · Jul 2020: +91.5% vs market
NDTV · Jun 2021: +146.4% vs market
Similar setups −6.2%All companies −5.3%← 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 · 1 beyond the range shown, drawn at the edge

Similar setups' median
−6.2%
All companies' median
−5.3%
Beat the market
42% vs 44%

50 past situations · 50 companies · 30 months · 2020–2025

The closest matches

CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
SIGMA
Technology Services		 Mar 2025 14x52% −32%−45% +54%
ACCELYA
Technology Services		 Dec 2023 15x56% −3%−17% −12%
CIGNITITEC
Technology Services		 May 2021 10x45% +44%−14% −1%
BALAXI
Health Technology		 Jul 2022 8x60% −34%−37% +15%
SUPRIYA
Health Technology		 May 2023 13x43% −31%−38% +3%
Show the other 3 matches
CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
APCOTEXIND
Process Industries		 Jul 2020 16x— −41%−47% +92%
FOCUS
Producer Manufacturing		 Jun 2024 25x39% +28%−30% −31%
MOLDTECH
Technology Services		 Jan 2025 19x31% −35%−38% −31%
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 P/E. 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 KSOLVES INDIA 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.

BORANA WEAVESBORANA
Process Industries
74%similar
market capdebt/equity
RADHIKA JEWELTECHRADHIKAJWE
Retail Trade
60%similar
revenue growthpromoter holding
JARO INSTITUTE OF TECHNOLOGY MJARO
Consumer Services
58%similar
revenueROCE
VINSYS IT SERVICESVINSYS
Commercial Services
55%similar
volatilityrevenue
SOUTH WEST PINNACLE EXPLSOUTHWEST
Energy Minerals
51%similar
revenue growthmarket cap
SAHANA SYSTEMSAHANA
Technology Services
50%similar
promoter holdingROCE
INNOVANA THINKLABSINNOVANA
Technology Services
49%similar
revenuedebt/equity
SAKSOFTSAKSOFT
Technology Services
49%similar
P/EEPS 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. OctPriceFell 72% from the Aug 2023 peak to the Oct 2026 low.
  2. OctPriceVolume reached 11.0x its 50-day median on 2026-10-23; price -10.2% that day.
  3. SepResultsYear-on-year EPS growth turned positive.
  4. SepPeer rankMoved into the 2nd quartile of Technology Services on EPS growth (from the 3rd quartile).
  5. JulPriceVolume reached 71.3x its 50-day median on 2026-07-15; price +7.0% that day.
  6. JunDebtDebt / equity halved over 12 months to 0.20x.
  7. MayPriceVolume reached 20.9x its 50-day median on 2026-05-04; price -6.6% that day.
  8. MarValuationP/E fell below the 10th percentile of its own history to date (19.3x).
Show 22 earlier events
  1. FebPriceVolume reached 13.2x its 50-day median on 2026-02-09; price +13.8% that day.
  2. OctPriceVolume reached 5.2x its 50-day median on 2025-10-15; price +3.5% that day.
  3. SepResultsYear-on-year EPS growth turned negative.
  4. AugPriceVolume reached 26.4x its 50-day median on 2025-08-21; price +5.3% that day.
  5. JunPeer rankSlipped to the 3rd quartile of Technology Services on EPS growth (from the 2nd quartile).
  6. MayPriceVolume reached 9.9x its 50-day median on 2025-05-07; price -9.9% that day.
  7. MarPriceVolume reached 30.6x its 50-day median on 2025-03-20; price +12.7% that day.
  8. DecValuationP/E fell below the 10th percentile of its own history to date (31.3x).
  9. DecPriceVolume reached 12.6x its 50-day median on 2024-12-12; price +4.7% that day.
  10. JulPriceVolume reached 10.6x its 50-day median on 2024-07-12; price +7.1% that day.
  11. JunResultsRevenue (TTM) reached a new high of ₹109 cr.
  12. JunPeer rankSlipped to the 2nd quartile of Technology Services on EPS growth (from the top quartile).
  13. MayPriceVolume reached 8.4x its 50-day median on 2024-05-03; price +0.8% that day.
  14. JanPriceVolume reached 15.6x its 50-day median on 2024-01-01; price +13.3% that day.
  15. DecPriceVolume reached 8.4x its 50-day median on 2023-12-20; price -1.0% that day.
  16. JulPriceVolume reached 6.3x its 50-day median on 2023-07-10; price +14.2% that day.
  17. JunResultsRevenue (TTM) reached a new high of ₹78 cr.
  18. MayPriceRegained the 2021-08 peak, 15 months after the low.
  19. AprPriceVolume reached 48.0x its 50-day median on 2023-04-18; price +16.8% that day.
  20. JanPriceVolume reached 10.6x its 50-day median on 2023-01-16; price -0.3% that day.
  21. NovPriceVolume reached 6.4x its 50-day median on 2022-11-16; price -7.4% that day.
  22. SepPriceVolume reached 15.4x its 50-day median on 2022-09-19; price -7.0% 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 history77 months · 2020-07 to 2026-11
MonthP/ERevenue (TTM)ROEROCEDebt / Equity
2026-1113.6x₹166 cr123.6%132.0%0.2x
2026-1012.8x₹166 cr123.7%132.0%0.2x
2026-0915.9x₹166 cr123.7%132.0%0.2x
2026-0818.5x₹163 cr114.4%132.0%0.2x
2026-0719.4x₹163 cr114.4%132.0%0.2x
2026-0619.8x₹163 cr114.4%132.0%0.2x
2026-0522.2x₹153 cr145.2%157.0%0.7x
2026-0424.0x₹153 cr145.2%157.0%0.7x
2026-0319.3x₹153 cr145.2%157.0%0.7x
2026-0223.2x₹148 cr147.7%157.0%0.7x
2026-0119.8x₹148 cr147.7%157.0%0.7x
2025-1221.7x₹148 cr147.7%157.0%0.7x
2025-1123.0x₹144 cr151.4%157.0%0.7x
2025-1023.7x₹144 cr151.4%157.0%0.7x
2025-0923.2x₹144 cr151.4%157.0%0.7x
2025-0821.8x₹137 cr163.4%157.0%0.7x
2025-0722.3x₹137 cr163.4%157.0%0.7x
2025-0623.6x₹137 cr163.4%157.0%0.7x
2025-0520.5x₹135 cr157.8%199.0%0.0x
2025-0427.2x₹135 cr157.8%199.0%0.0x
2025-0327.3x₹135 cr157.8%199.0%0.0x
2025-0226.1x₹125 cr152.0%199.0%0.0x
2025-0132.2x₹125 cr152.0%199.0%0.0x
2024-1231.3x₹125 cr152.0%199.0%0.0x
2024-1132.9x₹116 cr148.0%199.0%0.0x
2024-1031.8x₹116 cr148.0%199.0%0.0x
2024-0934.3x₹116 cr148.0%199.0%0.0x
2024-0836.7x₹109 cr141.7%199.0%0.0x
2024-0737.4x₹109 cr141.7%199.0%0.0x
2024-0639.6x₹109 cr141.7%199.0%0.0x
2024-0551.0x₹78 cr108.7%170.0%0.0x
2024-0454.9x₹78 cr108.7%170.0%0.0x
2024-0353.6x₹78 cr108.7%170.0%0.0x
2024-0258.5x₹78 cr108.7%170.0%0.0x
2024-0159.3x₹78 cr108.7%170.0%0.0x
2023-1256.7x₹78 cr108.7%170.0%0.0x
2023-1151.1x₹78 cr108.7%170.0%0.0x
2023-1050.3x₹78 cr108.7%170.0%0.0x
2023-0950.3x₹78 cr108.7%170.0%0.0x
2023-0856.9x₹78 cr108.7%170.0%0.0x
2023-0753.1x₹78 cr108.7%170.0%0.0x
2023-0643.2x₹78 cr108.7%170.0%0.0x
2023-0561.2x₹47 cr94.1%140.0%0.0x
2023-0445.6x₹47 cr94.1%140.0%0.0x
2023-0333.0x₹47 cr94.1%140.0%0.0x
2023-0232.6x₹47 cr94.1%140.0%0.0x
2023-0132.4x₹47 cr94.1%140.0%0.0x
2022-1231.6x₹47 cr94.1%140.0%0.0x
2022-1133.0x₹47 cr94.1%140.0%0.0x
2022-1035.6x₹47 cr94.1%140.0%0.0x
2022-0930.1x₹47 cr94.1%140.0%0.0x
2022-0832.3x₹47 cr94.1%140.0%0.0x
2022-0727.0x₹47 cr94.1%140.0%0.0x
2022-0627.1x₹47 cr94.1%140.0%0.0x
2022-05—₹28 cr69.2%165.0%0.0x
2022-04—₹28 cr69.2%165.0%0.0x
2022-03—₹28 cr69.2%165.0%0.0x
2022-02—₹28 cr69.2%165.0%0.0x
2022-01—₹28 cr69.2%165.0%0.0x
2021-12—₹28 cr69.2%165.0%0.0x
2021-11—₹28 cr69.2%165.0%0.0x
2021-10—₹28 cr69.2%165.0%0.0x
2021-09—₹28 cr69.2%165.0%0.0x
2021-0885.9x₹28 cr69.2%165.0%0.0x
2021-0791.9x₹28 cr69.2%165.0%0.0x
2021-0659.9x₹28 cr69.2%165.0%0.0x
2021-05—₹10 cr98.0%—0.0x
2021-04—₹10 cr98.0%—0.0x
2021-03—₹10 cr98.0%—0.0x
2021-02—₹10 cr98.0%—0.0x
2021-01—₹10 cr98.0%—0.0x
2020-12—₹10 cr98.0%—0.0x
2020-11—₹10 cr98.0%—0.0x
2020-10—₹10 cr98.0%—0.0x
2020-09—₹10 cr98.0%—0.0x
2020-08—₹10 cr98.0%—0.0x
2020-07—₹10 cr98.0%—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.

Feedback