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LATENT VIEW ANALYTICS LIMITED (LATENTVIEW)

Commercial Services · Miscellaneous Commercial 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.76 / 100
Profitability 62Growth 66Balance 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.39 / 100
Price 2Earnings 47FII/DII 67

Passes these screensDebt-light & profitable

Compare withNBCC (INDIA)FIRSTSOURCE SOLUTIONSINTL GEMOLOGICAL INSTITUTE

Share price

Closing priceAdjusted for splits and bonus issues.

₹202.74 latest close · −27.8% over the last 90 sessions

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

₹202.74 month-end · −59.3% over 12 months

₹200₹300₹400₹500Nov '25Jan '26Apr '26Jun '26Sep '26Nov '26 ₹200₹300₹400₹500Nov '25May '26Nov '26

₹202.74 month-end · −58.7% over 3 years

₹200₹300₹400₹500Nov '23Jun '24Jan '25Sep '25Apr '26Nov '26 ₹200₹300₹400₹500Nov '23May '25Nov '26

₹202.74 month-end · +119.9% since Feb '19

₹200₹400₹600Feb '19Jun '22Jul '23Sep '24Oct '25Nov '26 ₹200₹400₹600Feb '19Feb '24Nov '26

52-week range ₹183.00 to ₹517.50 · 1-year volatility 45.1%

Was the rally earned?

-59%share price, 1 yearLower P/E held it back

Earnings helped, the multiple did not.

  • Per-share earnings added 3 points, but investors now pay less per rupee of profit (P/E 55.2x to 21.5x), which took 62 points back.
  • The share count barely moved.
Net profit growth: +4 pts. Points of the price return explained by net profit growing (or shrinking).+4 ptsNet profit growthP/E change: −62 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−62 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: −59%−59%Share priceNet profit growth: +4 pts. Points of the price return explained by net profit growing (or shrinking).+4ProfitP/E change: −62 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−62P/EShare count change: 0 pts. Points of the price return explained by the share count changing. More shares count against the price.0SharesShare price: −59%−59%Share price
Net profit growth+4 ptsNet profit rose about 5%, which lifts the price.
P/E change-62 ptsThe P/E fell from 55.2x to 21.5x, which lowers the price.
Share count change0 ptsShare count was little changed. More shares would count against the price.
-59%share price, 3 yearsLower P/E held it back

Earnings helped, the multiple did not.

  • Per-share earnings added 15 points, but investors now pay less per rupee of profit (P/E 64.7x to 21.5x), which took 73 points back.
  • The share count barely moved.
Net profit growth: +16 pts. Points of the price return explained by net profit growing (or shrinking).+16 ptsNet profit growthP/E change: −73 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−73 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: −59%−59%Share priceNet profit growth: +16 pts. Points of the price return explained by net profit growing (or shrinking).+16ProfitP/E change: −73 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−73P/EShare count change: −1 pts. Points of the price return explained by the share count changing. More shares count against the price.−1SharesShare price: −59%−59%Share price
Net profit growth+16 ptsNet profit rose about 26%, which lifts the price.
P/E change-73 ptsThe P/E fell from 64.7x to 21.5x, which lowers the price.
Share count change-1 ptsShare count was little changed. More shares would count against the price.
-69%share price, 5 yearsLower P/E held it back

Earnings helped, the multiple did not.

  • Per-share earnings added 34 points, but investors now pay less per rupee of profit (P/E 122.7x to 21.5x), which took 103 points back.
  • The share count rose 22%.
Net profit growth: +45 pts. Points of the price return explained by net profit growing (or shrinking).+45 ptsNet profit growthP/E change: −103 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−103 ptsP/E changeShare count change: −12 pts. Points of the price return explained by the share count changing. More shares count against the price.−12 ptsShare count changeShare price: −69%−69%Share priceNet profit growth: +45 pts. Points of the price return explained by net profit growing (or shrinking).+45ProfitP/E change: −103 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−103P/EShare count change: −12 pts. Points of the price return explained by the share count changing. More shares count against the price.−12SharesShare price: −69%−69%Share price
Net profit growth+45 ptsNet profit rose about 116%, which lifts the price.
P/E change-103 ptsThe P/E fell from 122.7x to 21.5x, which lowers the price.
Share count change-12 ptsShare count rose 22%, 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 NBCC (INDIA)

How rough has the ride been?

Maximum drawdown-72.3%not yet recovered
1-year volatility45.1%annualised
Beta vs sector index0.833-year daily, correlation 0.44
Volume spikes3last 90 sessions, 5x the 50-day median

Drawdown from peak

0%−20%−40%−60%2020202120222023202420252026−71.1% 0%−20%−40%−60%2020202220242026−71.1%
Largest drawdowns

-72.3% (2021-11 peak to 2026-11 low, not yet recovered)

-36.0% (2019-02 peak to 2019-07 low, recovered 2021-11)

Most recent volume spikes

2026-11-02: 16.3x the 50-day median, price -3.7% that day

2026-07-27: 6.7x the 50-day median, price +6.0% that day

2026-07-07: 8.8x the 50-day median, price +5.3% 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?

21.4xP/E todayNear its historic low
Against its own history4th percentile
CheapestMedian 55.3xDearest

Usual range 28.2x to 75.6x since 2019-02.

Against Commercial Services21.4x vs 21.1x
This company
21.4x
Sector median
21.1x

Close to the Commercial Services median.

10.3x47.8x85.3x122.7xFeb '19Sep '20Apr '22Nov '23Jun '25Nov '2610.3x47.8x85.3x122.7xFeb '19Sep '21Apr '24Nov '26
P/E (this company)10th to 90th percentile of its own historyIts medianCommercial Services median

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

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

Where does it rank among Commercial Services peers?

Each cell is the company's percentile rank among its Commercial 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

  • ROCE53rd▼ 4 pts vs a year ago
  • Op. margin71st▲ 4 pts vs a year ago
  • Revenue growth70th▼ 12 pts vs a year ago
  • EPS growth44th▼ 15 pts vs a year ago
  • Debt/equity ↓84thflat vs a year ago
  • Cash cycle ↓51st▼ 7 pts vs a year ago
  • P/E ↓49th▲ 27 pts vs a year ago
  • 12M momentum1st▼ 84 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 Commercial Services sector page Watch it move against Commercial Services in the Observatory

What is the price implying?

~18%annual earnings growth implied by the priceIn line with delivered growth

At normalised P/E (five-year average earnings) of 26.1x, a holder earning 12%/yr needs earnings to grow about 18.4%/yr for 10 years, then trade at 15x.

Delivered18.5%/yrEPS, last 10 fiscal years · 3-yr avg to 3-yr avg
Gap−0.1 ptsimplied minus delivered
Rank528thmost demanding of 856

Over time

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

0%23%47% Feb 2019Nov 2026 0%23%47% Feb 2019Nov 2026

Change the assumptions

Exit P/E / return11%12%13%
12x20.0%21.0%22.1%
15x17.3%18.4%19.4%
20x14.0%15.0%16.0%

Drag a slider to test other assumptions

Implied: 18.4%/yr

Looking back

  • Jan 2022Price implied 43%/yr; EPS has since grown 12%/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 Commercial Services The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov
₹202.74
P/E
21.5x
ROCE
16.0%
Market Cap
₹4206 cr
Revenue (TTM)
₹1112 cr
P/S
3.8x
P/B
2.4x
ROE
11.2%
Operating Margin
20.0%
Debt / Equity
0.0x
Promoter Holding
65.1%
12M Momentum
-59.3%

52-week range

₹183.00₹517.50
6% of the way from its 52-week low to its high

Price risk

1Y volatility
45.1%
Beta vs sector
1-year daily
0.88

Balance sheet & cash

Interest cover
operating profit ÷ interest
30.7x
Cash from profit, 3Y
operating cash flow ÷ net profit
0.77x
Share count, 1Y
unchanged

Are profits backed by cash?

4 of 6checks within range2 near a threshold
Other income reliance28%Near threshold

Other income as a share of pre-tax profit (trailing twelve months): 27.9%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate24%Within range

Median quarterly effective tax rate over about 2.5 years: 24.0%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion0.77xNear threshold

Operating cash flow divided by net profit over the last three fiscal years: 0.77x (cash from operations ₹410 cr, net profit ₹534 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+13 daysWithin range

Debtor days are above the median of the previous three fiscal years by 13 days (80 vs 67). 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, DIIs added 2.0 pts; promoters trimmed 0.6 pts.
  • The number of shareholders fell from 2.9 lakh to 2.2 lakh (-25%) between Sep 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupSep '23Jun '26Change
Promoters65.7%65.1%-0.6 pts
FIIs2.6%2.1%-0.4 pts
DIIs1.6%3.6%+2.0 pts
Public and others30.1%29.2%-0.9 pts

Number of shareholders

2.2 lakhshareholders-25% since Sep '23
2.1L2.4L2.7L3.0L Sep '23Jun '24Mar '25Dec '25Jun '26
Sep '23: 2.9 lakh
Dec '23: 3.0 lakh
Mar '24: 2.8 lakh
Jun '24: 2.6 lakh
Sep '24: 2.6 lakh
Dec '24: 2.4 lakh
Mar '25: 2.4 lakh
Jun '25: 2.4 lakh
Sep '25: 2.3 lakh
Dec '25: 2.1 lakh
Mar '26: 2.1 lakh
Jun '26: 2.2 lakh
 2.1L2.4L2.7L3.0L Sep '23Sep '24Sep '25Jun '26
Sep '23: 2.9 lakh
Dec '23: 3.0 lakh
Mar '24: 2.8 lakh
Jun '24: 2.6 lakh
Sep '24: 2.6 lakh
Dec '24: 2.4 lakh
Mar '25: 2.4 lakh
Jun '25: 2.4 lakh
Sep '25: 2.3 lakh
Dec '25: 2.1 lakh
Mar '26: 2.1 lakh
Jun '26: 2.2 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

−12.8%typical 12-month return vs the marketBelow the base rate
  • We found 50 past situations where a non-financial company looked like LATENT VIEW ANALYTICS 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 −27% to +38% vs the market, against −1% for all non-financial companies in the same months.
  • The analogs' median sat below that base rate (gap −11.7%, 80% range −16.7% to −0.2%), but the matches cluster in only 6 distinct 12-month windows.

Where the 50 outcomes landed

−50%0%+50%+100%
RAMCOSYS · Dec 2021: −48.3% vs market
HATHWAY · Jun 2021: −37.3% vs market
ENIL · Apr 2020: −35.9% vs market
MAHEPC · May 2021: −35.8% vs market
INFOBEAN · Jul 2023: −35.6% vs market
CHEMCON · Sep 2023: −33.7% vs market
EASEMYTRIP · Aug 2025: −31.9% vs market
OAL · Aug 2022: −31.8% vs market
LAOPALA · Apr 2024: −31.6% vs market
IPL · Jul 2023: −30.9% vs market
VAIBHAVGBL · Aug 2024: −30.2% vs market
IKIO · Jun 2024: −29.1% vs market
RESPONIND · Sep 2024: −27.5% vs market
DIVGIITTS · May 2024: −25.7% vs market
MOREPENLAB · Jul 2022: −24.9% vs market
MIDHANI · Feb 2021: −22.1% vs market
WENDT · May 2025: −20.8% vs market
BLSE · Feb 2025: −18.8% vs market
MEDICAMEQ · May 2024: −18.5% vs market
VEEDOL · Jun 2022: −18.3% vs market
DENORA · Feb 2025: −17.2% vs market
GLAND · Apr 2023: −14.8% vs market
GODFRYPHLP · Dec 2020: −14.3% vs market
ADVENZYMES · Apr 2022: −13.4% vs market
SUBEXLTD · May 2022: −13.2% vs market
SAKSOFT · Jun 2024: −12.4% vs market
WONDERLA · Oct 2020: −9.1% vs market
MOTISONS · Oct 2025: −9.0% vs market
SHILPAMED · Feb 2021: −8.3% vs market
ROUTE · Sep 2022: +0.3% vs market
MASTEK · Sep 2022: +18.8% vs market
GRAPHITE · Sep 2022: +19.1% vs market
ORCHPHARMA · Aug 2025: +22.8% vs market
HEG · Aug 2022: +26.3% vs market
SAREGAMA · Jan 2024: +26.4% vs market
SEAMECLTD · Feb 2023: +26.9% vs market
DELTACORP · Apr 2020: +36.4% vs market
MAYURUNIQ · Apr 2022: +38.1% vs market
ZEEL · Aug 2021: +39.7% vs market
TECHNOE · Jan 2022: +42.9% vs market
ZENSARTECH · Jun 2020: +53.8% vs market
JUSTDIAL · Aug 2020: +61.1% vs market
KIOCL · Oct 2022: +73.6% vs market
GREAVESCOT · Jan 2021: +78.2% vs market
INTELLECT · Mar 2023: +79.8% vs market
BSOFT · Dec 2022: +90.0% vs market
MARKSANS · Sep 2025: +94.2% vs market
RATEGAIN · Jul 2025: +98.8% vs market
NEWGEN · Jun 2020: +161.5% vs market
PRAJIND · Aug 2020: +205.0% vs market
Similar setups −12.8%All companies −1.1%← 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
−12.8%
All companies' median
−1.1%
Beat the market
42% vs 49%

50 past situations · 50 companies · 37 months · 2020–2025

The closest matches

CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
BLSE
Technology Services		 Feb 2025 30x17% −59%−60% −19%
INTELLECT
Technology Services		 Mar 2023 16x25% −57%−58% +80%
DELTACORP
Consumer Services		 Apr 2020 10x16% −72%−72% +36%
SUBEXLTD
Technology Services		 May 2022 31x16% −52%−61% −13%
RAMCOSYS
Technology Services		 Dec 2021 26x16% −21%−37% −48%
Show the other 3 matches
CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
RATEGAIN
Technology Services		 Jul 2025 25x17% −47%−48% +99%
JUSTDIAL
Technology Services		 Aug 2020 9x22% −48%−50% +61%
LAOPALA
Consumer Durables		 Apr 2024 29x22% −15%−31% −32%
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: P/E, P/S and size. 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 LATENT VIEW ANALYTICS 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.

GRAUER & WEIL (INDIA)GRAUWEIL
Process Industries
73%similar
P/Edebt/equity
DEEP INDUSTRIESDEEPINDS
Industrial Services
71%similar
ROCEmarket cap
EMUDHRAEMUDHRA
Technology Services
63%similar
ROCEdebt/equity
DATAMATICS GLOBAL SERVICES LIMDATAMATICS
Technology Services
62%similar
operating marginmarket cap
RISHABH INSTRUMENTSRISHABH
Producer Manufacturing
62%similar
EPS growthROCE
SESHAASAI TECHNOLOGIESSTYL
Commercial Services
48%similar
volatilityP/E
ECLERX SERVICESECLERX
Commercial Services
46%similar
P/Evolatility
ICRAICRA
Commercial Services
39%similar
market capP/E

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

What changed?

30 events since Oct '22

  1. NovPriceFell 72% from the Nov 2021 peak to the Nov 2026 low.
  2. NovPriceVolume reached 16.3x its 50-day median on 2026-11-02; price -3.7% that day.
  3. SepPeer rankSlipped to the 2nd quartile of Commercial Services on operating margin (from the top quartile).
  4. JulPriceVolume reached 8.8x its 50-day median on 2026-07-07; price +5.3% that day.
  5. JunPeer rankMoved into the top quartile of Commercial Services on operating margin (from the 2nd quartile).
  6. AprPriceVolume reached 101.4x its 50-day median on 2026-04-02; price +19.5% that day.
  7. FebPriceVolume reached 57.7x its 50-day median on 2026-02-02; price +9.4% that day.
  8. JanValuationP/E fell below the 10th percentile of its own history to date (44.1x).
Show 22 earlier events
  1. DecPriceVolume reached 64.8x its 50-day median on 2025-12-08; price +10.3% that day.
  2. SepValuationP/E fell below the 10th percentile of its own history to date (45.3x).
  3. SepPeer rankSlipped to the 2nd quartile of Commercial Services on operating margin (from the top quartile).
  4. JulPriceVolume reached 23.6x its 50-day median on 2025-07-22; price +2.9% that day.
  5. JunPeer rankMoved into the 2nd quartile of Commercial Services on ROCE (from the 3rd quartile).
  6. JunPriceVolume reached 25.8x its 50-day median on 2025-06-17; price +0.9% that day.
  7. MarPeer rankMoved into the top quartile of Commercial Services on operating margin (from the 2nd quartile).
  8. FebValuationP/E fell below the 10th percentile of its own history to date (46.2x).
  9. NovPriceVolume reached 15.0x its 50-day median on 2024-11-08; price +6.2% that day.
  10. JulPriceVolume reached 8.3x its 50-day median on 2024-07-16; price -0.4% that day.
  11. JunResultsRevenue (TTM) reached a new high of ₹641 cr.
  12. JunPeer rankSlipped to the 3rd quartile of Commercial Services on ROCE (from the 2nd quartile).
  13. JunSharesShare count is up 5.0% over 12 months.
  14. MarPriceVolume reached 10.3x its 50-day median on 2024-03-28; price +9.9% that day.
  15. NovPriceVolume reached 24.6x its 50-day median on 2023-11-21; price +3.0% that day.
  16. JulPriceVolume reached 12.6x its 50-day median on 2023-07-17; price +5.5% that day.
  17. JunResultsRevenue (TTM) reached a new high of ₹539 cr.
  18. JunValuationP/E fell below the 10th percentile of its own history to date (46.3x).
  19. JunPeer rankMoved into the 2nd quartile of Commercial Services on EPS growth (from the 3rd quartile).
  20. MayPriceVolume reached 21.1x its 50-day median on 2023-05-10; price -10.2% that day.
  21. NovSharesShare count is up 200.0% over 12 months.
  22. OctPriceVolume reached 7.7x its 50-day median on 2022-10-28; price +2.7% 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 history94 months · 2019-02 to 2026-11
MonthP/ERevenue (TTM)ROEROCEDebt / Equity
2026-1121.5x₹1112 cr11.2%16.0%0.0x
2026-1022.3x₹1112 cr11.3%16.0%0.0x
2026-0925.0x₹1112 cr11.3%16.0%0.0x
2026-0828.2x₹1061 cr11.6%16.0%0.0x
2026-0733.0x₹1061 cr11.6%16.0%0.0x
2026-0628.3x₹1061 cr11.6%16.0%0.0x
2026-0533.5x₹1004 cr13.3%15.0%0.0x
2026-0430.4x₹1004 cr13.3%15.0%0.0x
2026-0326.1x₹1004 cr13.3%15.0%0.0x
2026-0236.5x₹954 cr12.7%15.0%0.0x
2026-0144.1x₹954 cr12.7%15.0%0.0x
2025-1249.7x₹954 cr12.7%15.0%0.0x
2025-1155.2x₹905 cr12.4%15.0%0.0x
2025-1049.7x₹905 cr12.4%15.0%0.0x
2025-0945.3x₹905 cr12.4%15.0%0.0x
2025-0849.2x₹848 cr11.6%15.0%0.0x
2025-0748.5x₹848 cr11.6%15.0%0.0x
2025-0648.7x₹848 cr11.6%15.0%0.0x
2025-0551.6x₹788 cr12.2%15.0%0.0x
2025-0448.8x₹788 cr12.2%15.0%0.0x
2025-0345.6x₹788 cr12.2%15.0%0.0x
2025-0246.2x₹726 cr12.5%15.0%0.0x
2025-0152.9x₹726 cr12.5%15.0%0.0x
2024-1259.0x₹726 cr12.5%15.0%0.0x
2024-1155.9x₹673 cr12.0%15.0%0.0x
2024-1057.2x₹673 cr12.0%15.0%0.0x
2024-0959.1x₹673 cr12.0%15.0%0.0x
2024-0862.8x₹641 cr11.6%15.0%0.0x
2024-0766.8x₹641 cr11.6%15.0%0.0x
2024-0665.1x₹641 cr11.6%15.0%0.0x
2024-0562.8x₹539 cr12.8%17.0%0.0x
2024-0465.6x₹539 cr12.8%17.0%0.0x
2024-0366.9x₹539 cr12.8%17.0%0.0x
2024-0267.2x₹539 cr12.8%17.0%0.0x
2024-0162.0x₹539 cr12.8%17.0%0.0x
2023-1260.0x₹539 cr12.8%17.0%0.0x
2023-1164.7x₹539 cr12.8%17.0%0.0x
2023-1052.5x₹539 cr12.8%17.0%0.0x
2023-0954.1x₹539 cr12.8%17.0%0.0x
2023-0856.1x₹539 cr12.8%17.0%0.0x
2023-0750.0x₹539 cr12.8%17.0%0.0x
2023-0646.3x₹539 cr12.8%17.0%0.0x
2023-0552.2x₹408 cr12.7%17.0%0.0x
2023-0455.8x₹408 cr12.7%17.0%0.0x
2023-0349.7x₹408 cr12.7%17.0%0.0x
2023-0253.6x₹408 cr12.7%17.0%0.0x
2023-0157.1x₹408 cr12.7%17.0%0.0x
2022-1257.5x₹408 cr12.7%17.0%0.0x
2022-1157.9x₹408 cr12.7%17.0%0.0x
2022-1060.8x₹408 cr12.7%17.0%0.0x
2022-0955.3x₹408 cr12.7%17.0%0.0x
2022-0857.0x₹408 cr12.7%17.0%0.0x
2022-0757.6x₹408 cr12.7%17.0%0.0x
2022-0651.7x₹408 cr12.7%17.0%0.0x
2022-0574.9x₹306 cr20.8%27.0%0.1x
2022-0482.7x₹306 cr20.8%27.0%0.1x
2022-0379.0x₹306 cr20.8%27.0%0.1x
2022-0276.6x₹306 cr20.8%27.0%0.1x
2022-0193.1x₹306 cr20.8%27.0%0.1x
2021-12105.0x₹306 cr20.8%27.0%0.1x
2021-11122.7x₹306 cr20.8%27.0%0.1x
2021-10—————
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2021-03—————
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2020-12—————
2020-11—————
2020-10—————
2020-09—————
2020-08—————
2020-07—————
2020-06—————
2020-05—————
2020-04—————
2020-03—————
2020-02—————
2020-01—————
2019-12—————
2019-11—————
2019-10—————
2019-09—————
2019-0818.5x₹288 cr22.5%—0.1x
2019-0717.6x₹288 cr22.5%—0.1x
2019-06—————
2019-0564.3x₹78 cr48.9%71.0%0.4x
2019-0467.6x₹78 cr48.9%71.0%0.4x
2019-0371.9x₹78 cr48.9%71.0%0.4x
2019-0290.4x₹78 cr48.9%71.0%0.4x

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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