Share price
₹1,166.6 latest close · −6.3% over the last 90 sessions
₹1,166.6 month-end · −2.2% over 12 months
₹1,166.6 month-end · −12.8% over 3 years
₹1,166.6 month-end · −3.4% since Jan '19
52-week range ₹824.05 to ₹1823.35 · 1-year volatility 48.3%
Was the rally earned?
- The share price was roughly flat over 1 year (-2%).
- The share count rose 4%.
Mostly earnings.
- Per-share earnings took off 31 points, while the multiple moved less (P/E 28.3x to 34.3x).
- The share count rose 7%.
Mostly earnings.
- Per-share earnings took off 67 points, while the multiple moved less (P/E 35.5x to 34.3x).
- The share count rose 24%.
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.
How rough has the ride been?
Drawdown from peak
Largest drawdowns
-81.8% (2021-11 peak to 2026-03 low, not yet recovered)
-47.8% (2020-02 peak to 2020-05 low, recovered 2020-12)
-29.0% (2019-04 peak to 2019-08 low, recovered 2019-12)
Most recent volume spikes
2026-09-21: 17x the 50-day median, price +4.7% that day
2026-09-18: 14.5x the 50-day median, price +9.3% that day
2026-07-10: 7x the 50-day median, price +4.4% 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?
Usual range 15.7x to 39.1x since 2019-01.
28% above the Consumer Non-Durables median.
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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.
Where does it rank among Consumer Non-Durables peers?
Each cell is the company's percentile rank among its Consumer Non-Durables 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
- ROCE25th▼ 23 pts vs a year ago
- Op. margin20thflat vs a year ago
- Revenue growth57th▼ 8 pts vs a year ago
- EPS growth16th▼ 36 pts vs a year ago
- Debt/equity ↓48th▼ 12 pts vs a year ago
- Cash cycle ↓15thflat vs a year ago
- P/E ↓40th▼ 32 pts vs a year ago
- 12M momentum66th▲ 51 pts vs a year ago
Rank history
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 Consumer Non-Durables sector page Watch it move against Consumer Non-Durables in the Observatory
What is the price implying?
At normalised P/E (five-year average earnings) of 20.8x, a holder earning 12%/yr needs earnings to grow about 15.3%/yr for 10 years, then trade at 15x.
Over time
Implied growth by month (solid) and delivered growth (dashed).
Change the assumptions
| Exit P/E / return | 11% | 12% | 13% |
|---|---|---|---|
| 12x | 16.8% | 17.9% | 18.9% |
| 15x | 14.3% | 15.3% | 16.4% |
| 20x | 11.1% | 12.1% | 13.1% |
Drag a slider to test other assumptions
Implied: 15.3%/yrLooking back
- Jan 2020Price implied 22%/yr; EPS has since grown −2%/yr (7.0 yrs)
- Jan 2021Price implied 17%/yr; EPS has since grown −11%/yr (6.0 yrs)
- Jan 2022Price implied 17%/yr; EPS has since grown −17%/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 Consumer Non-Durables The market-wide Expectations lists
Key figures
- Share Priceclose 9 Nov
- ₹1166.60
- P/E
- 34.3x
- ROCE
- 8.0%
- Market Cap
- ₹3507 cr
- Revenue (TTM)
- ₹2934 cr
- P/S
- 1.2x
- P/B
- 1.9x
- ROE
- 5.6%
- Operating Margin
- 7.0%
- Debt / Equity
- 0.3x
- Promoter Holding
- 74.2%
- 12M Momentum
- -2.2%
52-week range
Price risk
Balance sheet & cash
Are profits backed by cash?
Other income reliance17%Near threshold
Other income as a share of pre-tax profit (trailing twelve months): 16.8%. Bands: below 15%, 15% to 35%, above 35%.
Tax rate26%Within range
Median quarterly effective tax rate over about 2.5 years: 26.0%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.
Cash conversion0.03xBeyond threshold
Operating cash flow divided by net profit over the last three fiscal years: 0.03x (cash from operations ₹10 cr, net profit ₹397 cr). Bands: 0.8x and above, 0.5x to 0.8x, below 0.5x.
Free cash flow2 of 5 yrsNear threshold
Fiscal years with positive free cash flow in the last 5: 2. Bands: at least 80% of years, 40% to 80%, below 40%.
Receivable days vs history+17 daysNear threshold
Debtor days are above the median of the previous three fiscal years by 17 days (140 vs 123). Bands: under 15 days, 15 to 45, over 45.
Capital work in progress5% of fixed assetsWithin range
Capital work-in-progress is 5% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.
Payable days+50 days / 2 yrsNear threshold
Days payable changed by +50 over two years. Bands: rise of up to 30 days; more than 30 days.
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.
Who has been buying and selling?
- Over 2 years, DIIs trimmed 2.2 pts.
- The number of shareholders fell from 95,237 to 64,430 (-32%) between Dec 2023 and Jun 2026.
Holdings, Jun '26
How each group changed
Number of shareholders
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.
What happened next to similar setups
- We found 50 past situations where a non-financial company looked like LUX INDUSTRIES LIMITED today on valuation, return on capital, margins, debt, growth, price momentum, size and volatility.
- Over the following 12 months the middle half of them returned −25% to +43% vs the market, against −4% for all non-financial companies in the same months.
- The gap against the base rate (−4.8%, 80% range −14.0% to +2.9%) is within what chance and overlapping periods produce.
Where the 50 outcomes landed
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 · 8 beyond the range shown, drawn at the edge
50 past situations · 50 companies · 32 months · 2020–2025
The closest matches
| Company | When | P/E | ROCE | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| KCP Producer Manufacturing |
Apr 2024 | 55x | 6% | +69% | −19% | +10% |
| BEML Producer Manufacturing |
May 2023 | 47x | 9% | +1% | −24% | +113% |
| MINDACORP Producer Manufacturing |
Oct 2022 | 24x | 12% | +25% | −28% | +52% |
| GLOBUSSPR Consumer Non-Durables |
Jan 2025 | 43x | 9% | +13% | −31% | −5% |
| BODALCHEM Process Industries |
Oct 2021 | 36x | 5% | +104% | −17% | −36% |
Show the other 3 matches
How reliable is this?
Matched on P/E, P/S, ROCE, operating margin, debt/equity, interest cover, revenue growth, 12-month momentum, drawdown from 12-month high, size and volatility. Closest on: 12-month momentum, P/E and ROCE. 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.
What else looks like this?
Companies with the most similar financial profile today, regardless of industry.
Similarity is statistical, based on reported metrics; it does not imply similar business quality or future returns.
What changed?
30 events since Aug '22
- SepPeer rankMoved into the 3rd quartile of Consumer Non-Durables on ROCE (from the bottom quartile).
- SepPriceVolume reached 17.0x its 50-day median on 2026-09-21; price +4.7% that day.
- JunPeer rankSlipped to the bottom quartile of Consumer Non-Durables on ROCE (from the 3rd quartile).
- AprPriceVolume reached 166.9x its 50-day median on 2026-04-07; price +11.6% that day.
- MarPriceFell 82% from the Nov 2021 peak to the Mar 2026 low.
- FebPriceVolume reached 13.6x its 50-day median on 2026-02-09; price +5.8% that day.
- DecResultsYear-on-year EPS growth turned negative.
- DecPeer rankSlipped to the bottom quartile of Consumer Non-Durables on EPS growth (from the 2nd quartile).
Show 22 earlier events
- NovPriceVolume reached 19.7x its 50-day median on 2025-11-27; price +3.5% that day.
- SepPeer rankSlipped to the bottom quartile of Consumer Non-Durables on operating margin (from the 3rd quartile).
- SepPriceVolume reached 16.0x its 50-day median on 2025-09-17; price +5.9% that day.
- MarResultsRevenue (TTM) reached a new high of ₹2,473 cr.
- SepResultsYear-on-year EPS growth turned positive.
- SepPeer rankSlipped to the 3rd quartile of Consumer Non-Durables on operating margin (from the 2nd quartile).
- AugPriceVolume reached 15.2x its 50-day median on 2024-08-05; price +9.1% that day.
- JulValuationP/E crossed above the 90th percentile of its own history to date (48.0x).
- JunPeer rankMoved into the 3rd quartile of Consumer Non-Durables on EPS growth (from the bottom quartile).
- JunDividendDividend payout cut from 11% to 5% of profit.
- AprPriceVolume reached 22.1x its 50-day median on 2024-04-23; price +15.8% that day.
- FebPriceVolume reached 5.6x its 50-day median on 2024-02-08; price +3.5% that day.
- NovPriceVolume reached 14.8x its 50-day median on 2023-11-07; price -2.4% that day.
- SepPriceVolume reached 55.2x its 50-day median on 2023-09-06; price +6.0% that day.
- JunResultsYear-on-year EPS growth turned negative.
- JunPeer rankSlipped to the 3rd quartile of Consumer Non-Durables on ROCE (from the top quartile).
- AprPriceVolume reached 85.1x its 50-day median on 2023-04-20; price +11.8% that day.
- MarPeer rankSlipped to the 3rd quartile of Consumer Non-Durables on EPS growth (from the 2nd quartile).
- FebPriceVolume reached 8.2x its 50-day median on 2023-02-10; price -5.7% that day.
- OctPriceVolume reached 7.9x its 50-day median on 2022-10-27; price +3.3% that day.
- SepPeer rankMoved into the 2nd quartile of Consumer Non-Durables on EPS growth (from the 3rd quartile).
- AugPriceVolume reached 9.6x its 50-day median on 2022-08-02; price +6.8% 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 history60 months · 2021-12 to 2026-11
| Month | P/E | Revenue (TTM) | ROE | ROCE | Debt / Equity |
|---|---|---|---|---|---|
| 2026-11 | 34.3x | ₹2934 cr | 5.6% | 8.0% | 0.3x |
| 2026-10 | 33.0x | ₹2934 cr | 5.6% | 8.0% | 0.3x |
| 2026-09 | 32.5x | ₹2934 cr | 5.6% | 8.0% | 0.3x |
| 2026-08 | 35.1x | ₹2929 cr | 5.6% | 8.0% | 0.3x |
| 2026-07 | 36.1x | ₹2929 cr | 5.6% | 8.0% | 0.3x |
| 2026-06 | 35.5x | ₹2929 cr | 5.6% | 8.0% | 0.3x |
| 2026-05 | 38.4x | ₹2874 cr | 6.0% | 13.0% | 0.2x |
| 2026-04 | 38.9x | ₹2874 cr | 6.0% | 13.0% | 0.2x |
| 2026-03 | 23.0x | ₹2874 cr | 6.0% | 13.0% | 0.2x |
| 2026-02 | 21.3x | ₹2754 cr | 7.0% | 13.0% | 0.2x |
| 2026-01 | 22.0x | ₹2754 cr | 7.0% | 13.0% | 0.2x |
| 2025-12 | 26.3x | ₹2754 cr | 7.0% | 13.0% | 0.2x |
| 2025-11 | 23.2x | ₹2652 cr | 8.6% | 13.0% | 0.2x |
| 2025-10 | 24.8x | ₹2652 cr | 8.6% | 13.0% | 0.2x |
| 2025-09 | 24.9x | ₹2652 cr | 8.6% | 13.0% | 0.2x |
| 2025-08 | 23.2x | ₹2583 cr | 9.2% | 13.0% | 0.2x |
| 2025-07 | 25.1x | ₹2583 cr | 9.2% | 13.0% | 0.2x |
| 2025-06 | 26.5x | ₹2583 cr | 9.2% | 13.0% | 0.2x |
| 2025-05 | 25.7x | ₹2473 cr | 10.6% | 11.0% | 0.1x |
| 2025-04 | 23.9x | ₹2473 cr | 10.6% | 11.0% | 0.1x |
| 2025-03 | 23.9x | ₹2473 cr | 10.6% | 11.0% | 0.1x |
| 2025-02 | 24.1x | ₹2371 cr | 9.8% | 11.0% | 0.1x |
| 2025-01 | 29.3x | ₹2371 cr | 9.8% | 11.0% | 0.1x |
| 2024-12 | 37.6x | ₹2371 cr | 9.8% | 11.0% | 0.1x |
| 2024-11 | 39.4x | ₹2333 cr | 8.8% | 11.0% | 0.1x |
| 2024-10 | 40.1x | ₹2333 cr | 8.8% | 11.0% | 0.1x |
| 2024-09 | 42.1x | ₹2333 cr | 8.8% | 11.0% | 0.1x |
| 2024-08 | 55.2x | ₹2319 cr | 7.7% | 11.0% | 0.1x |
| 2024-07 | 48.0x | ₹2319 cr | 7.7% | 11.0% | 0.1x |
| 2024-06 | 32.9x | ₹2319 cr | 7.7% | 11.0% | 0.1x |
| 2024-05 | 30.8x | ₹2382 cr | 9.1% | 13.0% | 0.2x |
| 2024-04 | 31.7x | ₹2382 cr | 9.1% | 13.0% | 0.2x |
| 2024-03 | 22.7x | ₹2382 cr | 9.1% | 13.0% | 0.2x |
| 2024-02 | 24.8x | ₹2382 cr | 9.1% | 13.0% | 0.2x |
| 2024-01 | 26.4x | ₹2382 cr | 9.1% | 13.0% | 0.2x |
| 2023-12 | 27.5x | ₹2382 cr | 9.1% | 13.0% | 0.2x |
| 2023-11 | 28.3x | ₹2382 cr | 9.1% | 13.0% | 0.2x |
| 2023-10 | 28.9x | ₹2382 cr | 9.1% | 13.0% | 0.2x |
| 2023-09 | 31.6x | ₹2382 cr | 9.1% | 13.0% | 0.2x |
| 2023-08 | 31.2x | ₹2382 cr | 9.1% | 13.0% | 0.2x |
| 2023-07 | 33.8x | ₹2382 cr | 9.1% | 13.0% | 0.2x |
| 2023-06 | 31.9x | ₹2382 cr | 9.1% | 13.0% | 0.2x |
| 2023-05 | 13.1x | ₹2296 cr | 24.9% | 34.0% | 0.3x |
| 2023-04 | 12.1x | ₹2296 cr | 24.9% | 34.0% | 0.3x |
| 2023-03 | 10.3x | ₹2296 cr | 24.9% | 34.0% | 0.3x |
| 2023-02 | 11.3x | ₹2296 cr | 24.9% | 34.0% | 0.3x |
| 2023-01 | 13.0x | ₹2296 cr | 24.9% | 34.0% | 0.3x |
| 2022-12 | 14.5x | ₹2296 cr | 24.9% | 34.0% | 0.3x |
| 2022-11 | 15.0x | ₹2296 cr | 24.9% | 34.0% | 0.3x |
| 2022-10 | 15.3x | ₹2296 cr | 24.9% | 34.0% | 0.3x |
| 2022-09 | 15.5x | ₹2296 cr | 24.9% | 34.0% | 0.3x |
| 2022-08 | 16.1x | ₹2296 cr | 24.9% | 34.0% | 0.3x |
| 2022-07 | 16.4x | ₹2296 cr | 24.9% | 34.0% | 0.3x |
| 2022-06 | 15.5x | ₹2296 cr | 24.9% | 34.0% | 0.3x |
| 2022-05 | 18.7x | ₹1953 cr | 25.8% | 36.0% | 0.1x |
| 2022-04 | 21.5x | ₹1953 cr | 25.8% | 36.0% | 0.1x |
| 2022-03 | 20.4x | ₹1953 cr | 25.8% | 36.0% | 0.1x |
| 2022-02 | 23.0x | ₹1953 cr | 25.8% | 36.0% | 0.1x |
| 2022-01 | 25.0x | ₹1953 cr | 25.8% | 36.0% | 0.1x |
| 2021-12 | 34.3x | ₹1953 cr | 25.8% | 36.0% | 0.1x |
Older months are in the live observatory.