अApnaFunda

THE LAKSHMI FINANCE & INDUSTRI (LFIC)

Finance · Financial Conglomerates · 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.79 / 100
Profitability 52Growth 85Balance sheet 100

Share price

Closing priceAdjusted for splits and bonus issues.

₹123.48 latest close · −15.1% over the last 90 sessions

₹120₹140Jul 3Jul 29Aug 24Sep 17Oct 14Nov 9 ₹120₹140Jul 3Sep 4Nov 9

₹123.48 month-end · −35.3% over 12 months

₹125₹150₹175Nov '25Jan '26Apr '26Jun '26Sep '26Nov '26 ₹125₹150₹175Nov '25May '26Nov '26

₹123.48 month-end · −22.2% over 3 years

₹100₹200₹300Nov '23Jun '24Jan '25Sep '25Apr '26Nov '26 ₹100₹200₹300Nov '23May '25Nov '26

₹123.48 month-end · +47.4% since Feb '19

₹100₹200₹300Feb '19Sep '20Mar '22Oct '23Apr '25Nov '26 ₹100₹200₹300Feb '19Jan '23Nov '26

52-week range ₹110.00 to ₹215.00 · 1-year volatility 47.3%

Was the rally earned?

-35%share price, 1 yearEarnings-driven

Mostly earnings.

  • Per-share earnings took off 50 points, while the multiple moved less (P/E 22.5x to 27.0x).
  • The share count barely moved.
Net profit growth: −50 pts. Points of the price return explained by net profit growing (or shrinking).−50 ptsNet profit growthP/E change: +15 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+15 ptsP/E changeShare price: −35%−35%Share priceNet profit growth: −50 pts. Points of the price return explained by net profit growing (or shrinking).−50ProfitP/E change: +15 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+15P/EShare price: −35%−35%Share price
Net profit growth-50 ptsNet profit fell about 46%, which lowers the price.
P/E change+15 ptsThe P/E rose from 22.5x to 27.0x, which lifts the price.
Share count change0 ptsShare count was little changed. More shares would count against the price.
-22%share price, 3 yearsLower P/E held it back

Earnings helped, the multiple did not.

  • Per-share earnings added 81 points, but investors now pay less per rupee of profit (P/E 86.7x to 27.0x), which took 103 points back.
  • The share count barely moved.
Net profit growth: +81 pts. Points of the price return explained by net profit growing (or shrinking).+81 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 price: −22%−22%Share priceNet profit growth: +81 pts. Points of the price return explained by net profit growing (or shrinking).+81ProfitP/E change: −103 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−103P/EShare price: −22%−22%Share price
Net profit growth+81 ptsNet profit rose about 150%, which lifts the price.
P/E change-103 ptsThe P/E fell from 86.7x to 27.0x, which lowers the price.
Share count change0 ptsShare count was little changed. More shares would count against the price.
-35%share price, 5 yearsEarnings-driven

Mostly earnings.

  • Per-share earnings took off 155 points, while the multiple moved less (P/E 6.2x to 27.0x).
  • The share count barely moved.
Net profit growth: −155 pts. Points of the price return explained by net profit growing (or shrinking).−155 ptsNet profit growthP/E change: +120 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+120 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: −34%−34%Share priceNet profit growth: −155 pts. Points of the price return explained by net profit growing (or shrinking).−155ProfitP/E change: +120 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+120P/EShare count change: 0 pts. Points of the price return explained by the share count changing. More shares count against the price.0SharesShare price: −34%−34%Share price
Net profit growth-155 ptsNet profit fell about 85%, which lowers the price.
P/E change+120 ptsThe P/E rose from 6.2x to 27.0x, which lifts the price.
Share count change0 ptsShare count was little changed. More shares would count against 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 JIO FINANCIAL SERVICES

How rough has the ride been?

Maximum drawdown-69.2%not yet recovered
1-year volatility47.3%annualised

Drawdown from peak

0%−20%−40%−60%2020202120222023202420252026−67.7% 0%−20%−40%−60%2020202220242026−67.7%
Largest drawdowns

-69.2% (2024-10 peak to 2026-10 low, not yet recovered)

-61.0% (2021-11 peak to 2022-06 low, recovered 2024-02)

-56.1% (2019-03 peak to 2020-03 low, recovered 2020-07)

Is it expensive against its own past and its peers?

27.0xP/E todayWithin its usual range
Against its own history72nd percentile
CheapestMedian 8.2xDearest

Usual range 3.4x to 77.3x since 2019-02.

Against Finance27.0x vs 18.1x
This company
27.0x
Sector median
18.1x

49% above the Finance median.

2.5x42.3x82.1x121.9xFeb '19Sep '20Apr '22Nov '23Jun '25Nov '262.5x42.3x82.1x121.9xFeb '19Sep '21Apr '24Nov '26
P/E (this company)10th to 90th percentile of its own historyIts medianFinance median

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

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P/S (this company)10th to 90th percentile of its own historyIts medianFinance 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 Finance is valued

Where does it rank among Finance peers?

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

  • ROCE8th▼ 23 pts vs a year ago
  • Op. margin96thflat vs a year ago
  • Revenue growth16thflat vs a year ago
  • EPS growth17th▲ 5 pts vs a year ago
  • Debt/equity ↓90thflat vs a year ago
  • Cash cycle ↓89thflat vs a year ago
  • P/E ↓39th▼ 16 pts vs a year ago
  • 12M momentum18th▼ 33 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 Finance sector page Watch it move against Finance in the Observatory

What is the price implying?

~6%annual earnings growth implied by the price

At a P/E of 9.5x, the price would imply about 5.6%/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 Finance The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov
₹123.48
P/E
27.0x
ROCE
-2.1%
Market Cap
₹37 cr
Revenue (TTM)
₹12 cr
P/S
3.1x
P/B
0.6x
ROE
2.4%
Operating Margin
92.7%
Debt / Equity
0.0x
Promoter Holding
47.0%
12M Momentum
-35.3%

52-week range

₹110.00₹215.00
13% of the way from its 52-week low to its high

Price risk

1Y volatility
47.3%
Beta vs sector
1-year daily
0.60

Balance sheet & cash

Debt service
no meaningful debt
Cash from profit, 3Y
operating cash flow ÷ net profit
-0.94x
low
Share count, 1Y
unchanged

Are profits backed by cash?

3 of 6checks within range2 beyond a threshold
Other income reliance4%Within range

Other income as a share of pre-tax profit (trailing twelve months): 4.3%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate5%Near threshold

Median quarterly effective tax rate over about 2.5 years: 5.0%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion-0.94xBeyond threshold

Operating cash flow divided by net profit over the last three fiscal years: -0.94x (cash from operations ₹-12.4 cr, net profit ₹13.2 cr). Bands: 0.8x and above, 0.5x to 0.8x, below 0.5x.

Free cash flow1 of 5 yrsBeyond threshold

Fiscal years with positive free cash flow in the last 5: 1. 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 →

What happened next to similar setups

+17.2%typical 12-month return vs the marketAbove the base rate
  • We found 50 past situations where a non-financial company looked like THE LAKSHMI FINANCE & INDUSTRI 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 −13% to +51% vs the market, against +1% for all non-financial companies in the same months.
  • The analogs' median sat above that base rate (gap +16.5%, 80% range +1.8% to +26.4%), but the matches cluster in only 6 distinct 12-month windows.

Where the 50 outcomes landed

−50%0%+50%+100%
INVENTURE · Sep 2023: −30.8% vs market
WATERBASE · Mar 2022: −27.2% vs market
KHANDSE · Apr 2024: −26.2% vs market
EIMCOELECO · Feb 2021: −21.4% vs market
LOVABLE · Apr 2023: −21.0% vs market
JHS · Mar 2022: −20.4% vs market
GANGESSECU · Mar 2023: −18.2% vs market
GUJAPOLLO · May 2023: −16.8% vs market
AMJLAND · Apr 2022: −16.4% vs market
BYKE · Feb 2020: −16.3% vs market
UNIDT · May 2024: −14.6% vs market
GROBTEA · Jan 2023: −14.5% vs market
SAMBHAAV · Jan 2023: −13.9% vs market
VARDHACRLC · Sep 2022: −10.8% vs market
ALPHAGEO · Jun 2023: −8.5% vs market
PNC · Feb 2020: −5.3% vs market
HCL-INSYS · Mar 2023: −4.8% vs market
INDIANCARD · Feb 2024: −1.9% vs market
AUSOMENT · Apr 2023: +1.3% vs market
ORICONENT · Sep 2023: +1.9% vs market
OSWALGREEN · May 2023: +2.4% vs market
VLSFINANCE · Sep 2025: +8.4% vs market
TAINWALCHM · May 2020: +11.7% vs market
SREEL · Jan 2022: +13.1% vs market
SILINV · Dec 2021: +15.2% vs market
HGM · Dec 2022: +19.2% vs market
COUNCODOS · Nov 2021: +23.0% vs market
NIITLTD · Jun 2024: +24.6% vs market
RVHL · Jul 2023: +25.9% vs market
IVC · Dec 2022: +26.5% vs market
HYBRIDFIN · Feb 2024: +31.7% vs market
STEL · Mar 2022: +31.7% vs market
BANARBEADS · Feb 2020: +37.8% vs market
ANIKINDS · Aug 2023: +37.8% vs market
GEECEE · Jun 2020: +39.3% vs market
HINDCOMPOS · May 2020: +46.3% vs market
MAHAPEXLTD · Aug 2022: +50.6% vs market
CUPID · Aug 2022: +51.6% vs market
ONMOBILE · Jan 2020: +62.1% vs market
ZENITHEXPO · Jan 2024: +63.1% vs market
LOTUSEYE · Oct 2021: +64.0% vs market
SURANAT&P · Jun 2023: +76.7% vs market
ANTELOPUS · Dec 2021: +79.0% vs market
INDBANK · May 2020: +82.0% vs market
PILITA · Apr 2020: +103.8% vs market
ORBTEXP · Dec 2021: +117.8% vs market
ASHIMASYN · Jul 2023: +124.1% vs market
NUCLEUS · Jan 2023: +184.3% vs market
MAANALU · Apr 2020: +196.4% vs market
URJA · Jan 2020: +290.3% vs market
Similar setups +17.2%All companies +0.7%← 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 · 6 beyond the range shown, drawn at the edge

Similar setups' median
+17.2%
All companies' median
+0.7%
Beat the market
64% vs 51%

50 past situations · 50 companies · 29 months · 2020–2025

The closest matches

CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
ANTELOPUS
Energy Minerals
Dec 2021 32x-2% +5%−26% +79%
GANGESSECU
Finance
Mar 2023 12x2% −29%−35% −18%
IVC
Finance
Dec 2022 25x7% −27%−31% +27%
LOTUSEYE
Health Services
Oct 2021 54x4% +25%−29% +64%
SURANAT&P
Distribution Services
Jun 2023 24x0% −5%−30% +77%
Show the other 3 matches
CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
INDBANK
Finance
May 2020 13x6% −43%−48% +82%
INDIANCARD
Producer Manufacturing
Feb 2024 42x2% +21%−24% −2%
ALPHAGEO
Industrial Services
Jun 2023 13x0% +2%−16% −9%
How reliable is this?

Matched on P/E, P/S, ROCE, operating margin, debt/equity, 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. Not used (unavailable for this company): interest cover. 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 THE LAKSHMI FINANCE & INDUSTRI. 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 changed?

30 events since Jun '20

  1. OctPriceFell 69% from the Oct 2024 peak to the Oct 2026 low.
  2. SepPeer rankMoved into the top quartile of Finance on operating margin (from the bottom quartile).
  3. JunPeer rankSlipped to the bottom quartile of Finance on ROCE (from the 3rd quartile).
  4. JunDividendDividend payout cut from 25% to -106% of profit.
  5. MarResultsEPS (TTM) turned positive.
  6. MarPeer rankMoved into the top quartile of Finance on operating margin (from the bottom quartile).
  7. DecResultsEPS (TTM) turned negative.
  8. DecPeer rankSlipped to the bottom quartile of Finance on operating margin (from the top quartile).
Show 22 earlier events
  1. SepPeer rankMoved into the top quartile of Finance on operating margin (from the bottom quartile).
  2. JunResultsYear-on-year EPS growth turned negative.
  3. JunPeer rankSlipped to the 3rd quartile of Finance on ROCE (from the top quartile).
  4. MarPeer rankSlipped to the bottom quartile of Finance on operating margin (from the top quartile).
  5. SepPeer rankMoved into the top quartile of Finance on operating margin (from the 2nd quartile).
  6. AugPriceRegained the 2024-02 peak, 3 months after the low.
  7. JunResultsYear-on-year EPS growth turned positive.
  8. JunPeer rankMoved into the top quartile of Finance on ROCE (from the bottom quartile).
  9. JunDividendDividend payout cut from 109% to 12% of profit.
  10. MayPriceFell 29% from the Feb 2024 peak to the May 2024 low.
  11. FebPriceRegained the 2021-11 peak, 20 months after the low.
  12. JunValuationP/E crossed above the 90th percentile of its own history to date (76.6x).
  13. JunPeer rankSlipped to the bottom quartile of Finance on ROCE (from the 2nd quartile).
  14. JunPriceFell 61% from the Nov 2021 peak to the Jun 2022 low.
  15. JunPeer rankSlipped to the 2nd quartile of Finance on ROCE (from the top quartile).
  16. JunResultsEPS (TTM) turned positive.
  17. JunPeer rankMoved into the top quartile of Finance on ROCE (from the bottom quartile).
  18. JunDividendStarted paying a dividend (payout 10% of profit).
  19. FebPriceRegained the 2020-07 peak, 5 months after the low.
  20. SepPriceFell 47% from the Jul 2020 peak to the Sep 2020 low.
  21. JulPriceRegained the 2019-03 peak, 4 months after the low.
  22. JunResultsEPS (TTM) turned negative.

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
2026-1127.0x₹12 cr2.4%-2.1%0.0x
2026-1025.5x₹12 cr2.4%-2.1%0.0x
2026-0928.7x₹12 cr2.4%-2.1%0.0x
2026-0837.5x₹11 cr1.9%-2.1%0.0x
2026-0740.3x₹11 cr1.9%-2.1%0.0x
2026-0640.3x₹11 cr1.9%-2.1%0.0x
2026-0536.3x₹11 cr2.0%4.3%0.0x
2026-0435.1x₹11 cr2.0%4.3%0.0x
2026-0328.1x₹11 cr2.0%4.3%0.0x
2026-02—₹11 cr-3.7%4.3%0.0x
2026-01—₹11 cr-3.7%4.3%0.0x
2025-12—₹11 cr-3.7%4.3%0.0x
2025-1122.5x₹14 cr4.3%4.3%0.0x
2025-1025.4x₹14 cr4.3%4.3%0.0x
2025-0924.4x₹14 cr4.3%4.3%0.0x
2025-0817.0x₹15 cr6.0%4.3%0.0x
2025-0718.0x₹15 cr6.0%4.3%0.0x
2025-0618.3x₹15 cr6.0%4.3%0.0x
2025-058.2x₹17 cr14.4%24.8%0.0x
2025-047.5x₹17 cr14.4%24.8%0.0x
2025-036.4x₹17 cr14.4%24.8%0.0x
2025-023.7x₹20 cr24.5%24.8%0.0x
2025-014.7x₹20 cr24.5%24.8%0.0x
2024-125.1x₹20 cr24.5%24.8%0.0x
2024-115.5x₹19 cr22.1%24.8%0.0x
2024-106.0x₹19 cr22.1%24.8%0.0x
2024-097.5x₹19 cr22.1%24.8%0.0x
2024-086.5x₹16 cr18.4%24.8%0.0x
2024-076.2x₹16 cr18.4%24.8%0.0x
2024-066.0x₹16 cr18.4%24.8%0.0x
2024-05121.9x₹4 cr1.2%0.5%0.0x
2024-0498.4x₹4 cr1.2%0.5%0.0x
2024-0393.0x₹4 cr1.2%0.5%0.0x
2024-02110.7x₹4 cr1.2%0.5%0.0x
2024-0194.8x₹4 cr1.2%0.5%0.0x
2023-1299.7x₹4 cr1.2%0.5%0.0x
2023-1186.7x₹4 cr1.2%0.5%0.0x
2023-1079.3x₹4 cr1.2%0.5%0.0x
2023-0974.3x₹4 cr1.2%0.5%0.0x
2023-0876.8x₹4 cr1.2%0.5%0.0x
2023-0768.3x₹4 cr1.2%0.5%0.0x
2023-0676.6x₹4 cr1.2%0.5%0.0x
2023-057.1x₹8 cr12.1%14.1%0.0x
2023-045.7x₹8 cr12.1%14.1%0.0x
2023-036.2x₹8 cr12.1%14.1%0.0x
2023-025.4x₹8 cr12.1%14.1%0.0x
2023-016.1x₹8 cr12.1%14.1%0.0x
2022-125.9x₹8 cr12.1%14.1%0.0x
2022-117.6x₹8 cr12.1%14.1%0.0x
2022-105.4x₹8 cr12.1%14.1%0.0x
2022-096.0x₹8 cr12.1%14.1%0.0x
2022-085.4x₹8 cr12.1%14.1%0.0x
2022-075.7x₹8 cr12.1%14.1%0.0x
2022-065.1x₹8 cr12.1%14.1%0.0x
2022-053.2x₹15 cr21.7%36.9%0.0x
2022-043.4x₹15 cr21.7%36.9%0.0x
2022-033.2x₹15 cr21.7%36.9%0.0x
2022-023.1x₹15 cr21.7%36.9%0.0x
2022-014.3x₹15 cr21.7%36.9%0.0x
2021-124.6x₹15 cr21.7%36.9%0.0x
2021-116.2x₹15 cr21.7%36.9%0.0x
2021-102.6x₹15 cr21.7%36.9%0.0x
2021-092.6x₹15 cr21.7%36.9%0.0x
2021-082.5x₹15 cr21.7%36.9%0.0x
2021-072.6x₹15 cr21.7%36.9%0.0x
2021-062.6x₹15 cr21.7%36.9%0.0x
2021-05—₹3 cr-19.5%-24.5%0.0x
2021-04—₹3 cr-19.5%-24.5%0.0x
2021-03—₹3 cr-19.5%-24.5%0.0x
2021-02—₹3 cr-19.5%-24.5%0.0x
2021-01—₹3 cr-19.5%-24.5%0.0x
2020-12—₹3 cr-19.5%-24.5%0.0x
2020-11—₹3 cr-19.5%-24.5%0.0x
2020-10—₹3 cr-19.5%-24.5%0.0x
2020-09—₹3 cr-19.5%-24.5%0.0x
2020-08—₹3 cr-19.5%-24.5%0.0x
2020-07—₹3 cr-19.5%-24.5%0.0x
2020-06—₹3 cr-19.5%-24.5%0.0x
2020-0521.4x₹3 cr1.5%0.1%0.0x
2020-0422.7x₹3 cr1.5%0.1%0.0x
2020-0319.3x₹3 cr1.5%0.1%0.0x
2020-0224.9x₹3 cr1.5%0.1%0.0x
2020-0125.6x₹3 cr1.5%0.1%0.0x
2019-1223.3x₹3 cr1.5%0.1%0.0x
2019-1124.6x₹3 cr1.5%0.1%0.0x
2019-1023.1x₹3 cr1.5%0.1%0.0x
2019-0927.5x₹3 cr1.5%0.1%0.0x
2019-0825.0x₹3 cr1.5%0.1%0.0x
2019-0729.0x₹3 cr1.5%0.1%0.0x
2019-0629.4x₹3 cr1.5%0.1%0.0x
2019-054.7x₹7 cr10.9%11.7%0.0x
2019-044.8x₹7 cr10.9%11.7%0.0x
2019-034.9x₹7 cr10.9%11.7%0.0x
2019-025.4x₹7 cr10.9%11.7%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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