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LODHA DEVELOPERS LIMITED (LODHA)

Finance · Real Estate Development · 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.68 / 100
Profitability 67Growth 81Balance sheet 56
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.67 / 100
Price 62Earnings 78FII/DII 59

Passes these screensDebt-light & profitableInstitutions in, retail outConsistent compounders

Compare withDLFPHOENIX MILLSPRESTIGE ESTATES PROJECTS LIMI

Share price

Closing priceAdjusted for splits and bonus issues.

₹1,195 latest close · +13.1% over the last 90 sessions

₹1,000₹1,200Jul 3Jul 29Aug 24Sep 17Oct 14Nov 9 ₹1,000₹1,200Jul 3Sep 4Nov 9

₹1,195 month-end · +4.1% over 12 months

₹800₹1,000₹1,200Nov '25Jan '26Apr '26Jun '26Sep '26Nov '26 ₹800₹1,000₹1,200Nov '25May '26Nov '26

₹1,195 month-end · +35.5% over 3 years

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

₹1,195 month-end · +302.6% since Apr '21

₹500₹1,000₹1,500Apr '21May '22Jul '23Aug '24Oct '25Nov '26 ₹500₹1,000₹1,500Apr '21Feb '24Nov '26

52-week range ₹650.80 to ₹1344.95 · 1-year volatility 40.2%

Was the rally earned?

+4%share price, 1 yearRoughly flat
  • The share price was roughly flat over 1 year (+4%).
  • The share count barely moved.
Net profit growth: +34 pts. Points of the price return explained by net profit growing (or shrinking).+34 ptsNet profit growthP/E change: −29 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−29 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: +4%+4%Share priceNet profit growth: +34 pts. Points of the price return explained by net profit growing (or shrinking).+34ProfitP/E change: −29 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−29P/EShare count change: 0 pts. Points of the price return explained by the share count changing. More shares count against the price.0SharesShare price: +4%+4%Share price
Net profit growth+34 ptsNet profit rose about 39%, which lifts the price.
P/E change-29 ptsThe P/E fell from 38.6x to 28.9x, which lowers the price.
Share count change0 ptsShare count was little changed. More shares would count against the price.
+36%share price, 3 yearsLower P/E held it back

Mostly yes, with a catch.

  • Per-share earnings added 246 points, but investors now pay less per rupee of profit (P/E 174.6x to 28.9x), which took 210 points back.
  • The share count rose 3%.
Net profit growth: +249 pts. Points of the price return explained by net profit growing (or shrinking).+249 ptsNet profit growthP/E change: −210 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−210 ptsP/E changeShare count change: −3 pts. Points of the price return explained by the share count changing. More shares count against the price.−3 ptsShare count changeShare price: +36%+36%Share priceNet profit growth: +249 pts. Points of the price return explained by net profit growing (or shrinking).+249ProfitP/E change: −210 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−210P/EShare count change: −3 pts. Points of the price return explained by the share count changing. More shares count against the price.−3SharesShare price: +36%+36%Share price
Net profit growth+249 ptsNet profit rose about 743%, which lifts the price.
P/E change-210 ptsThe P/E fell from 174.6x to 28.9x, which lowers the price.
Share count change-3 ptsShare count rose 3%, which lowers the price.
+69%share price, 5 yearsLower P/E held it back

Mostly yes, with a catch.

  • Per-share earnings added 577 points, but investors now pay less per rupee of profit (P/E 1390.0x to 28.9x), which took 508 points back.
  • The share count rose 6%.
Net profit growth: +585 pts. Points of the price return explained by net profit growing (or shrinking).+585 ptsNet profit growthP/E change: −508 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−508 ptsP/E changeShare count change: −8 pts. Points of the price return explained by the share count changing. More shares count against the price.−8 ptsShare count changeShare price: +69%+69%Share priceNet profit growth: +585 pts. Points of the price return explained by net profit growing (or shrinking).+585ProfitP/E change: −508 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−508P/EShare count change: −8 pts. Points of the price return explained by the share count changing. More shares count against the price.−8SharesShare price: +69%+69%Share price
Net profit growth+585 ptsNet profit rose about 8495%, which lifts the price.
P/E change-508 ptsThe P/E fell from 1390.0x to 28.9x, which lowers the price.
Share count change-8 ptsShare count rose 6%, 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 DLF

How rough has the ride been?

Maximum drawdown-57.5%not yet recovered
1-year volatility40.2%annualised
Beta vs sector index1.273-year daily, correlation 0.56
Volume spikes2last 90 sessions, 5x the 50-day median

Drawdown from peak

0%−20%−40%−60%20222023202420252026−56.4% 0%−20%−40%−60%202220242026−56.4%
Largest drawdowns

-57.5% (2024-06 peak to 2026-03 low, not yet recovered)

-51.7% (2021-12 peak to 2023-02 low, recovered 2023-07)

-19.2% (2021-10 peak to 2021-10 low, recovered 2021-11)

Most recent volume spikes

2026-09-29: 6x the 50-day median, price -0.9% that day

2026-07-28: 6.1x the 50-day median, price +8.6% 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?

28.9xP/E todayNear its historic low
Against its own history10th percentile
CheapestMedian 53.4xDearest

Usual range 29.1x to 1003.5x since 2021-04.

Against Finance28.9x vs 18.1x
This company
28.9x
Sector median
18.1x

60% above the Finance median.

14.7x473.1x931.6x1390.0xApr '21Jun '22Aug '23Oct '24Dec '25Nov '2614.7x473.1x931.6x1390.0xApr '21Mar '23Feb '25Nov '26
P/E (this company)10th to 90th percentile of its own historyIts medianFinance median

The chart loads when you open this tab.

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

  • ROCE74th▲ 7 pts vs a year ago
  • Op. margin59th▲ 11 pts vs a year ago
  • Revenue growth66th▼ 10 pts vs a year ago
  • EPS growth77th▼ 10 pts vs a year ago
  • Debt/equity ↓34th▼ 5 pts vs a year ago
  • Cash cycle ↓51st▼ 6 pts vs a year ago
  • P/E ↓36thflat vs a year ago
  • 12M momentum72nd▲ 7 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?

~29%annual earnings growth implied by the priceAbove delivered growth

At normalised P/E (five-year average earnings) of 63.2x, a holder earning 12%/yr needs earnings to grow about 28.6%/yr for 10 years, then trade at 15x.

Delivered10.7%/yrEPS, last 10 fiscal years · 3-yr avg to 3-yr avg
Gap+17.9 ptsimplied minus delivered
Rank179thmost demanding of 856

Over time

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

-7%19%44% Jun 2020Nov 2026 -7%19%44% Jun 2020Nov 2026

Change the assumptions

Exit P/E / return11%12%13%
12x30.3%31.4%32.6%
15x27.5%28.6%29.8%
20x24.0%25.1%26.2%

Drag a slider to test other assumptions

Implied: 28.6%/yr

Looking back

  • Jan 2022Price implied 32%/yr; EPS has since grown 132%/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 Finance The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov
₹1195.00
P/E
28.9x
ROCE
16.0%
Market Cap
₹1.19L cr
Revenue (TTM)
₹18181 cr
P/S
6.6x
P/B
5.1x
ROE
17.7%
Operating Margin
38.0%
Debt / Equity
0.4x
Promoter Holding
70.3%
12M Momentum
4.1%

52-week range

₹650.80₹1344.95
78% of the way from its 52-week low to its high

Price risk

1Y volatility
40.2%
Beta vs sector
1-year daily
1.40

Balance sheet & cash

Interest cover
operating profit ÷ interest
8.6x
Cash from profit, 3Y
operating cash flow ÷ net profit
0.65x
Share count, 1Y
+0.1%

Are profits backed by cash?

5 of 6checks within range1 near a threshold
Other income reliance8%Within range

Other income as a share of pre-tax profit (trailing twelve months): 8.0%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate23%Within range

Median quarterly effective tax rate over about 2.5 years: 23.0%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion0.65xNear threshold

Operating cash flow divided by net profit over the last three fiscal years: 0.65x (cash from operations ₹5,037 cr, net profit ₹7,752 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+4 daysWithin range

Debtor days are above the median of the previous three fiscal years by 4 days (32 vs 28). 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, promoters trimmed 4.6 pts; FIIs added 3.1 pts.
  • The number of shareholders rose from 52,590 to 1.6 lakh (+202%) between Sep 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupSep '23Jun '26Change
Promoters74.9%70.3%-4.6 pts
FIIs20.5%23.6%+3.1 pts
DIIs3.5%3.6%+0.1 pts
Public and others1.1%2.5%+1.4 pts

Number of shareholders

1.6 lakhshareholders+202% since Sep '23
53k88k1.2L1.6L Sep '23Jun '24Mar '25Dec '25Jun '26
Sep '23: 52,590
Dec '23: 52,805
Mar '24: 60,812
Jun '24: 67,699
Sep '24: 92,933
Dec '24: 94,623
Mar '25: 1.0 lakh
Jun '25: 99,267
Sep '25: 1.2 lakh
Dec '25: 1.4 lakh
Mar '26: 1.5 lakh
Jun '26: 1.6 lakh
 53k88k1.2L1.6L Sep '23Sep '24Sep '25Jun '26
Sep '23: 52,590
Dec '23: 52,805
Mar '24: 60,812
Jun '24: 67,699
Sep '24: 92,933
Dec '24: 94,623
Mar '25: 1.0 lakh
Jun '25: 99,267
Sep '25: 1.2 lakh
Dec '25: 1.4 lakh
Mar '26: 1.5 lakh
Jun '26: 1.6 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

−6.6%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 LODHA DEVELOPERS 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 −19% to +12% vs the market, against −2% for all non-financial companies in the same months.
  • The gap against the base rate (−4.4%, 80% range −11.6% to +0.3%) is within what chance and overlapping periods produce.

Where the 50 outcomes landed

−60%−40%−20%0%+20%+40%+60%+80%
KPIGREEN · Oct 2025: −45.3% vs market
ZYDUSLIFE · Jun 2021: −44.7% vs market
CYIENT · Mar 2024: −38.8% vs market
ASTERDM · Feb 2020: −35.2% vs market
DALBHARAT · Aug 2021: −34.8% vs market
NHPC · Mar 2020: −31.8% vs market
FLUOROCHEM · Apr 2023: −27.5% vs market
RKFORGE · Jun 2024: −25.8% vs market
RAINBOW · Jan 2025: −24.6% vs market
RELIANCE · Oct 2020: −22.7% vs market
KIMS · Jun 2023: −20.4% vs market
BALKRISIND · Oct 2023: −20.3% vs market
ASAHIINDIA · Nov 2022: −19.3% vs market
ELGIEQUIP · Jan 2024: −18.6% vs market
WIPRO · May 2021: −17.9% vs market
KPRMILL · Oct 2023: −16.7% vs market
RAMCOCEM · Oct 2020: −16.2% vs market
JSWINFRA · Dec 2024: −15.2% vs market
GLENMARK · Jul 2020: −14.3% vs market
JBCHEPHARM · May 2024: −11.8% vs market
JKCEMENT · Feb 2021: −11.8% vs market
APOLLOHOSP · Apr 2023: −10.8% vs market
OBEROIRLTY · Sep 2024: −9.4% vs market
MANKIND · Aug 2025: −9.1% vs market
TEGA · Jun 2024: −6.9% vs market
INDHOTEL · Jun 2025: −6.3% vs market
PHOENIXLTD · Jan 2025: −4.1% vs market
MEDANTA · May 2025: −2.1% vs market
AUROPHARMA · Apr 2020: −1.9% vs market
BHARATFORG · Jan 2020: −0.1% vs market
BIOCON · Feb 2020: −0.1% vs market
CIPLA · Mar 2021: +1.1% vs market
SRF · Apr 2022: +2.5% vs market
LUPIN · Apr 2025: +3.1% vs market
SUNPHARMA · Jan 2021: +4.6% vs market
FORTIS · Jul 2022: +8.3% vs market
ADANIPORTS · Dec 2020: +11.8% vs market
THERMAX · Jan 2024: +12.3% vs market
AARTIIND · Nov 2020: +15.0% vs market
RADICO · Mar 2020: +16.2% vs market
ULTRACEMCO · Jul 2020: +18.1% vs market
TORNTPHARM · May 2022: +18.7% vs market
CCL · Feb 2022: +23.4% vs market
UNOMINDA · Jun 2023: +28.1% vs market
SUNDRMFAST · Jul 2022: +33.2% vs market
SOLARINDS · Apr 2022: +40.4% vs market
MAXHEALTH · Jul 2024: +43.5% vs market
ADANIPOWER · Aug 2025: +53.0% vs market
ASTRAMICRO · Jun 2025: +69.4% vs market
VBL · Mar 2022: +132.8% vs market
Similar setups −6.6%All companies −2.2%← 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
−6.6%
All companies' median
−2.2%
Beat the market
38% vs 48%

50 past situations · 50 companies · 36 months · 2020–2025

The closest matches

CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
JSWINFRA
Industrial Services		 Dec 2024 54x16% +53%−11% −15%
SRF
Process Industries		 Apr 2022 62x18% +95%−9% +3%
BHARATFORG
Producer Manufacturing		 Jan 2020 22x20% −1%−9% 0%
ULTRACEMCO
Non-Energy Minerals		 Jul 2020 20x12% −5%−12% +18%
OBEROIRLTY
Finance		 Sep 2024 31x15% +64%−3% −9%
Show the other 3 matches
CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
ADANIPORTS
Transportation		 Dec 2020 26x12% +32%0% +12%
INDHOTEL
Consumer Services		 Jun 2025 57x17% +22%−15% −6%
FLUOROCHEM
Process Industries		 Apr 2023 47x20% +21%−17% −28%
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 revenue growth. One match per company and at most 7 from any one month.

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

How this is built

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

ADANI PORT AND SPECIAL ECONOADANIPORTS
Transportation
69%similar
revenue growthoperating margin
COCHIN SHIPYARDCOCHINSHIP
Producer Manufacturing
61%similar
ROCErevenue growth
JSW INFRASTRUCTUREJSWINFRA
Industrial Services
60%similar
market capoperating margin
ZYDUS LIFESCIENCESZYDUSLIFE
Health Technology
56%similar
market capdebt/equity
CHALET HOTELSCHALET
Consumer Services
55%similar
operating marginrevenue growth
MOTILAL OSWAL FINANCIAL SERVICMOTILALOFS
Finance
67%similar
volatilitymarket cap
NUVAMA WEALTH MANAGEMENTNUVAMA
Finance
50%similar
operating marginP/E
OBEROI REALTYOBEROIRLTY
Finance
46%similar
operating marginmarket cap

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

What changed?

30 events since Feb '23

  1. SepValuationP/E fell below the 10th percentile of its own history to date (27.5x).
  2. SepPeer rankMoved into the top quartile of Finance on EPS growth (from the 2nd quartile).
  3. JulPriceVolume reached 6.1x its 50-day median on 2026-07-28; price +8.6% that day.
  4. JunPeer rankSlipped to the 2nd quartile of Finance on EPS growth (from the top quartile).
  5. MarPriceFell 58% from the Jun 2024 peak to the Mar 2026 low.
  6. MarPeer rankMoved into the 2nd quartile of Finance on operating margin (from the 3rd quartile).
  7. MarPriceVolume reached 10.6x its 50-day median on 2026-03-25; price +1.0% that day.
  8. DecValuationP/E fell below the 10th percentile of its own history to date (31.8x).
Show 22 earlier events
  1. OctPriceVolume reached 6.3x its 50-day median on 2025-10-07; price +2.7% that day.
  2. SepPeer rankSlipped to the 3rd quartile of Finance on operating margin (from the 2nd quartile).
  3. JulPriceVolume reached 18.1x its 50-day median on 2025-07-23; price -7.5% that day.
  4. JunPeer rankMoved into the 2nd quartile of Finance on ROCE (from the 3rd quartile).
  5. MarResultsRevenue (TTM) reached a new high of ₹13,573 cr.
  6. MarPeer rankMoved into the 2nd quartile of Finance on operating margin (from the 3rd quartile).
  7. NovPeer rankSlipped to the 3rd quartile of Finance on ROCE (from the 2nd quartile).
  8. JunPromoterPromoter holding fell 2.8 pts to 72.2%.
  9. JunResultsYear-on-year EPS growth turned positive.
  10. JunInstitutionsFII + DII holding rose 3.1 pts over 2 quarters to 27.1%.
  11. JunPeer rankMoved into the top quartile of Finance on EPS growth (from the bottom quartile).
  12. JunSharesShare count is up 106.2% over 12 months.
  13. MayPriceVolume reached 14.5x its 50-day median on 2024-05-31; price +4.5% that day.
  14. FebPriceVolume reached 9.9x its 50-day median on 2024-02-29; price +1.2% that day.
  15. NovPriceVolume reached 24.7x its 50-day median on 2023-11-30; price +3.6% that day.
  16. JulPriceRegained the 2021-12 peak, 5 months after the low.
  17. JunResultsYear-on-year EPS growth turned negative.
  18. JunPeer rankSlipped to the bottom quartile of Finance on EPS growth (from the top quartile).
  19. JunDividendStarted paying a dividend (payout 20% of profit).
  20. MayPriceVolume reached 11.3x its 50-day median on 2023-05-30; price -0.9% that day.
  21. MarPriceVolume reached 27.7x its 50-day median on 2023-03-02; price +18.1% that day.
  22. FebPriceFell 52% from the Dec 2021 peak to the Feb 2023 low.

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 history68 months · 2021-04 to 2026-11
MonthP/ERevenue (TTM)ROEROCEDebt / Equity
2026-1128.9x₹18181 cr17.7%16.0%0.4x
2026-1025.1x₹18181 cr17.7%16.0%0.4x
2026-0927.5x₹18181 cr17.7%16.0%0.4x
2026-0834.9x₹16676 cr14.7%16.0%0.4x
2026-0736.2x₹16676 cr14.7%16.0%0.4x
2026-0627.8x₹16676 cr14.7%16.0%0.4x
2026-0528.0x₹16186 cr16.6%15.0%0.4x
2026-0426.8x₹16186 cr16.6%15.0%0.4x
2026-0320.2x₹16186 cr16.6%15.0%0.4x
2026-0229.6x₹15597 cr16.5%15.0%0.4x
2026-0129.1x₹15597 cr16.5%15.0%0.4x
2025-1231.8x₹15597 cr16.5%15.0%0.4x
2025-1138.6x₹14425 cr14.7%15.0%0.4x
2025-1040.3x₹14425 cr14.7%15.0%0.4x
2025-0938.2x₹14425 cr14.7%15.0%0.4x
2025-0843.0x₹13779 cr13.7%15.0%0.4x
2025-0744.4x₹13779 cr13.7%15.0%0.4x
2025-0649.9x₹13779 cr13.7%15.0%0.4x
2025-0556.6x₹13573 cr14.4%11.0%0.4x
2025-0452.8x₹13573 cr14.4%11.0%0.4x
2025-0347.5x₹13573 cr14.4%11.0%0.4x
2025-0254.0x₹12421 cr11.9%11.0%0.4x
2025-0157.5x₹12421 cr11.9%11.0%0.4x
2024-1266.4x₹12421 cr11.9%11.0%0.4x
2024-1166.7x₹11545 cr10.6%11.0%0.4x
2024-1064.2x₹11545 cr10.6%11.0%0.4x
2024-0965.7x₹11545 cr10.6%11.0%0.4x
2024-0880.5x₹10316 cr8.9%11.0%0.4x
2024-0784.0x₹10316 cr8.9%11.0%0.4x
2024-0696.5x₹10316 cr8.9%11.0%0.4x
2024-05272.9x₹9470 cr3.9%9.0%0.7x
2024-04245.3x₹9470 cr3.9%9.0%0.7x
2024-03224.9x₹9470 cr3.9%9.0%0.7x
2024-02230.7x₹9470 cr3.9%9.0%0.7x
2024-01211.9x₹9470 cr3.9%9.0%0.7x
2023-12202.7x₹9470 cr3.9%9.0%0.7x
2023-11174.6x₹9470 cr3.9%9.0%0.7x
2023-10156.0x₹9470 cr3.9%9.0%0.7x
2023-09158.4x₹9470 cr3.9%9.0%0.7x
2023-08132.7x₹9470 cr3.9%9.0%0.7x
2023-07150.4x₹9470 cr3.9%9.0%0.7x
2023-06134.6x₹9470 cr3.9%9.0%0.7x
2023-0543.7x₹9233 cr10.0%10.0%1.0x
2023-0437.2x₹9233 cr10.0%10.0%1.0x
2023-0337.2x₹9233 cr10.0%10.0%1.0x
2023-0232.8x₹9233 cr10.0%10.0%1.0x
2023-0140.9x₹9233 cr10.0%10.0%1.0x
2022-1243.7x₹9233 cr10.0%10.0%1.0x
2022-1139.4x₹9233 cr10.0%10.0%1.0x
2022-1039.6x₹9233 cr10.0%10.0%1.0x
2022-0937.0x₹9233 cr10.0%10.0%1.0x
2022-0843.9x₹9233 cr10.0%10.0%1.0x
2022-0745.8x₹9233 cr10.0%10.0%1.0x
2022-0642.8x₹9233 cr10.0%10.0%1.0x
2022-05949.2x₹5449 cr1.0%7.0%4.0x
2022-04989.3x₹5449 cr1.0%7.0%4.0x
2022-031104.1x₹5449 cr1.0%7.0%4.0x
2022-021105.4x₹5449 cr1.0%7.0%4.0x
2022-011268.7x₹5449 cr1.0%7.0%4.0x
2021-121209.3x₹5449 cr1.0%7.0%4.0x
2021-111390.0x₹5449 cr1.0%7.0%4.0x
2021-101043.3x₹5449 cr1.0%7.0%4.0x
2021-091036.8x₹5449 cr1.0%7.0%4.0x
2021-08939.7x₹5449 cr1.0%7.0%4.0x
2021-07837.1x₹5449 cr1.0%7.0%4.0x
2021-06670.2x₹5449 cr1.0%7.0%4.0x
2021-0534.3x₹12443 cr16.3%6.0%4.0x
2021-0432.3x₹12443 cr16.3%6.0%4.0x

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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