अApnaFunda

LAXMI ORGANIC INDUSTRIES LTD (LXCHEM)

Process Industries · Chemicals: Specialty · 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.51 / 100
Profitability 37Growth 46Balance sheet 69
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.41 / 100
Price 43Earnings 58FII/DII 23

Share price

Closing priceAdjusted for splits and bonus issues.

₹162.57 latest close · +0.7% over the last 90 sessions

₹160₹180₹200Jul 3Jul 29Aug 24Sep 17Oct 14Nov 9 ₹160₹180₹200Jul 3Sep 4Nov 9

₹162.57 month-end · −10.5% over 12 months

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

₹162.57 month-end · −39.3% over 3 years

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

₹162.57 month-end · −6.8% since Mar '21

₹200₹400Mar '21May '22Jun '23Aug '24Sep '25Nov '26 ₹200₹400Mar '21Jan '24Nov '26

52-week range ₹107.60 to ₹203.80 · 1-year volatility 45.7%

Was the rally earned?

-11%share price, 1 yearLower P/E held it back

Earnings helped, the multiple did not.

  • Per-share earnings added 21 points, but investors now pay less per rupee of profit (P/E 49.9x to 35.8x), which took 31 points back.
  • The share count barely moved.
Net profit growth: +22 pts. Points of the price return explained by net profit growing (or shrinking).+22 ptsNet profit growthP/E change: −31 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−31 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: −10%−10%Share priceNet profit growth: +22 pts. Points of the price return explained by net profit growing (or shrinking).+22ProfitP/E change: −31 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−31P/EShare count change: −1 pts. Points of the price return explained by the share count changing. More shares count against the price.−1SharesShare price: −10%−10%Share price
Net profit growth+22 ptsNet profit rose about 26%, which lifts the price.
P/E change-31 ptsThe P/E fell from 49.9x to 35.8x, which lowers the price.
Share count change-1 ptsShare count was little changed. More shares would count against the price.
-39%share price, 3 yearsMultiple-driven

Mostly the multiple.

  • Most of the fall came from investors paying a lower multiple (P/E 57.0x to 35.8x); per-share earnings took off 3 points.
  • The share count rose 4%.
Net profit growth: +1 pts. Points of the price return explained by net profit growing (or shrinking).+1 ptsNet profit growthP/E change: −36 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−36 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: −39%−39%Share priceNet profit growth: +1 pts. Points of the price return explained by net profit growing (or shrinking).+1ProfitP/E change: −36 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−36P/EShare count change: −3 pts. Points of the price return explained by the share count changing. More shares count against the price.−3SharesShare price: −39%−39%Share price
Net profit growth+1 ptsNet profit was little changed.
P/E change-36 ptsThe P/E fell from 57.0x to 35.8x, which lowers the price.
Share count change-3 ptsShare count rose 4%, which lowers the price.
-61%share price, 5 yearsMultiple-driven

Mostly the multiple.

  • Most of the fall came from investors paying a lower multiple (P/E 85.5x to 35.8x); per-share earnings took off 4 points.
  • The share count rose 5%.
Net profit growth: 0 pts. Points of the price return explained by net profit growing (or shrinking).0 ptsNet profit growthP/E change: −57 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−57 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: −61%−61%Share priceNet profit growth: 0 pts. Points of the price return explained by net profit growing (or shrinking).0ProfitP/E change: −57 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−57P/EShare count change: −3 pts. Points of the price return explained by the share count changing. More shares count against the price.−3SharesShare price: −61%−61%Share price
Net profit growth0 ptsNet profit was little changed.
P/E change-57 ptsThe P/E fell from 85.5x to 35.8x, which lowers the price.
Share count change-3 ptsShare count rose 5%, 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 LINDE INDIA

How rough has the ride been?

Maximum drawdown-81.9%not yet recovered
1-year volatility45.7%annualised
Beta vs sector index1.493-year daily, correlation 0.62
Volume spikes6last 90 sessions, 5x the 50-day median

Drawdown from peak

0%−25%−50%−75%20222023202420252026−81.2% 0%−25%−50%−75%202220242026−81.2%
Largest drawdowns

-81.9% (2021-09 peak to 2026-03 low, not yet recovered)

Most recent volume spikes

2026-07-30: 13.9x the 50-day median, price -9.2% that day

2026-07-29: 8.8x the 50-day median, price +2.3% that day

2026-07-27: 5.9x the 50-day median, price +5.9% 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?

35.8xP/E todayWithin its usual range
Against its own history23rd percentile
CheapestMedian 53.8xDearest

Usual range 30.8x to 84.8x since 2021-03.

Against Process Industries35.8x vs 18.1x
This company
35.8x
Sector median
18.1x

98% above the Process Industries median.

13.7x46.9x80.2x113.4xMar '21May '22Jul '23Sep '24Nov '25Nov '2613.7x46.9x80.2x113.4xMar '21Feb '23Jan '25Nov '26
P/E (this company)10th to 90th percentile of its own historyIts medianProcess Industries median

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

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P/S (this company)10th to 90th percentile of its own historyIts medianProcess Industries 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 Process Industries is valued

Where does it rank among Process Industries peers?

Each cell is the company's percentile rank among its Process Industries 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

  • ROCE21st▼ 18 pts vs a year ago
  • Op. margin53rd▲ 31 pts vs a year ago
  • Revenue growth45thflat vs a year ago
  • EPS growth63rd▲ 29 pts vs a year ago
  • Debt/equity ↓59th▼ 13 pts vs a year ago
  • Cash cycle ↓94thflat vs a year ago
  • P/E ↓21st▲ 3 pts vs a year ago
  • 12M momentum48th▲ 17 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 Process Industries sector page Watch it move against Process Industries in the Observatory

What is the price implying?

~20%annual earnings growth implied by the priceAbove delivered growth

At normalised P/E (five-year average earnings) of 32.5x, a holder earning 12%/yr needs earnings to grow about 20.4%/yr for 10 years, then trade at 15x.

Delivered3.7%/yrEPS, last 10 fiscal years · 3-yr avg to 3-yr avg
Gap+16.6 ptsimplied minus delivered
Rank206thmost demanding of 856

Over time

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

0%22%43% Jun 2020Nov 2026 0%22%43% Jun 2020Nov 2026

Change the assumptions

Exit P/E / return11%12%13%
12x21.9%23.0%24.1%
15x19.3%20.4%21.4%
20x16.0%17.0%18.1%

Drag a slider to test other assumptions

Implied: 20.4%/yr

Looking back

  • Jan 2022Price implied 40%/yr; EPS has since grown −10%/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 Process Industries The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov
₹162.57
P/E
35.8x
ROCE
5.0%
Market Cap
₹4511 cr
Revenue (TTM)
₹3122 cr
P/S
1.4x
P/B
2.3x
ROE
6.3%
Operating Margin
12.0%
Debt / Equity
0.3x
Promoter Holding
69.3%
12M Momentum
-10.5%

52-week range

₹107.60₹203.80
57% of the way from its 52-week low to its high

Price risk

1Y volatility
45.7%
Beta vs sector
1-year daily
1.79

Balance sheet & cash

Interest cover
operating profit ÷ interest
8.5x
Cash from profit, 3Y
operating cash flow ÷ net profit
2.69x
Share count, 1Y
unchanged

Are profits backed by cash?

6 of 7checks within range1 beyond a threshold
Other income reliance8%Within range

Other income as a share of pre-tax profit (trailing twelve months): 7.8%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate32%Within range

Median quarterly effective tax rate over about 2.5 years: 31.5%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion2.69xWithin range

Operating cash flow divided by net profit over the last three fiscal years: 2.69x (cash from operations ₹844 cr, net profit ₹314 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 history-7 daysWithin range

Debtor days are below the median of the previous three fiscal years by 7 days (67 vs 74). Bands: under 15 days, 15 to 45, over 45.

Capital work in progress44% of fixed assetsWithin range

Capital work-in-progress is 44% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.

Payable days-5 days / 2 yrsWithin range

Days payable changed by -5 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.

All terms explained in the glossary →

Who has been buying and selling?

  • Over 3 years, promoters trimmed 3.0 pts; DIIs added 2.3 pts.
  • The number of shareholders fell from 4.5 lakh to 3.4 lakh (-26%) between Sep 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupSep '23Jun '26Change
Promoters72.4%69.3%-3.0 pts
FIIs0.5%0.7%+0.2 pts
DIIs1.6%3.8%+2.3 pts
Public and others25.6%26.1%+0.6 pts

Number of shareholders

3.4 lakhshareholders-26% since Sep '23
3.4L3.7L4.1L4.5L Sep '23Jun '24Mar '25Dec '25Jun '26
Sep '23: 4.5 lakh
Dec '23: 4.5 lakh
Mar '24: 4.3 lakh
Jun '24: 4.2 lakh
Sep '24: 3.9 lakh
Dec '24: 3.8 lakh
Mar '25: 3.8 lakh
Jun '25: 3.7 lakh
Sep '25: 3.6 lakh
Dec '25: 3.5 lakh
Mar '26: 3.4 lakh
Jun '26: 3.4 lakh
3.4L3.7L4.1L4.5L Sep '23Sep '24Sep '25Jun '26
Sep '23: 4.5 lakh
Dec '23: 4.5 lakh
Mar '24: 4.3 lakh
Jun '24: 4.2 lakh
Sep '24: 3.9 lakh
Dec '24: 3.8 lakh
Mar '25: 3.8 lakh
Jun '25: 3.7 lakh
Sep '25: 3.6 lakh
Dec '25: 3.5 lakh
Mar '26: 3.4 lakh
Jun '26: 3.4 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

−3.2%typical 12-month return vs the marketNot meaningfully different from the base rate
  • We found 50 past situations where a non-financial company looked like LAXMI ORGANIC INDUSTRIES LTD 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 +26% vs the market, against −5% for all non-financial companies in the same months.
  • The gap against the base rate (+1.4%, 80% range −9.6% to +6.4%) is within what chance and overlapping periods produce.

Where the 50 outcomes landed

−100%−50%0%+50%+100%
HERANBA · Nov 2024: −47.9% vs market
HUHTAMAKI · Oct 2020: −46.0% vs market
GULPOLY · Jun 2023: −45.8% vs market
BODALCHEM · Oct 2021: −36.4% vs market
LUXIND · Oct 2024: −36.4% vs market
DOLLAR · May 2024: −33.9% vs market
APOLLOTYRE · Feb 2021: −33.7% vs market
FORCEMOT · Dec 2020: −31.9% vs market
EPL · May 2023: −29.9% vs market
VTL · Mar 2022: −29.1% vs market
OAL · Sep 2024: −28.6% vs market
IRMENERGY · Sep 2025: −28.6% vs market
KOPRAN · Apr 2024: −27.3% vs market
ISGEC · Jun 2025: −25.5% vs market
RHIM · Oct 2025: −22.8% vs market
BHAGERIA · Sep 2024: −21.7% vs market
JTEKTINDIA · Apr 2024: −19.8% vs market
GRAPHITE · Jan 2024: −19.2% vs market
IFGLEXPOR · Aug 2025: −18.5% vs market
PRECAM · May 2023: −17.6% vs market
SHK · Feb 2024: −12.5% vs market
DMCC · Apr 2025: −12.1% vs market
INDIACEM · Feb 2022: −6.5% vs market
GOKEX · Jul 2024: −6.2% vs market
NAVNETEDUL · Nov 2022: −4.8% vs market
SUNFLAG · Jan 2025: −1.7% vs market
DREDGECORP · Apr 2020: −0.4% vs market
DCMSHRIRAM · Nov 2024: +1.5% vs market
JUBLINGREA · Sep 2025: +1.6% vs market
CIEINDIA · Aug 2021: +6.7% vs market
KCP · Mar 2024: +11.8% vs market
APLLTD · Oct 2023: +13.6% vs market
GUJALKALI · Oct 2021: +14.4% vs market
BANARISUG · Feb 2022: +16.9% vs market
ACLGATI · Mar 2020: +16.9% vs market
YUKEN · Oct 2025: +24.9% vs market
MANALIPETC · Sep 2025: +25.5% vs market
FINPIPE · Jun 2023: +26.4% vs market
MINDACORP · Mar 2023: +30.7% vs market
GAEL · Mar 2020: +35.7% vs market
GSFC · Apr 2021: +46.9% vs market
HSCL · Apr 2022: +51.5% vs market
SRHHYPOLTD · Apr 2020: +61.2% vs market
BEML · Jan 2023: +63.7% vs market
RISHABH · Sep 2025: +75.2% vs market
ABREL · Oct 2023: +81.8% vs market
KIRLOSBROS · Nov 2022: +124.2% vs market
GENUSPOWER · May 2023: +138.4% vs market
GABRIEL · Sep 2024: +148.3% vs market
NEULANDLAB · Dec 2022: +149.9% vs market
Similar setups −3.2%All companies −4.6%← 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 · 4 beyond the range shown, drawn at the edge

Similar setups' median
−3.2%
All companies' median
−4.6%
Beat the market
46% vs 45%

50 past situations · 50 companies · 33 months · 2020–2025

The closest matches

CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
HSCL
Process Industries
Apr 2022 61x4% +55%−16% +52%
JTEKTINDIA
Consumer Durables
Apr 2024 55x— +61%−5% −20%
SHK
Process Industries
Feb 2024 45x8% +74%−7% −13%
DOLLAR
Consumer Non-Durables
May 2024 61x9% +60%−11% −34%
KCP
Producer Manufacturing
Mar 2024 54x6% +68%−21% +12%
Show the other 3 matches
CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
OAL
Process Industries
Sep 2024 64x4% +37%−10% −29%
BODALCHEM
Process Industries
Oct 2021 36x5% +104%−17% −36%
JUBLINGREA
Process Industries
Sep 2025 37x11% −18%−26% +2%
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, drawdown from 12-month high and P/E. One match per company and at most 7 from any one month.

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

How this is built

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

Consumer Non-Durables
74%similar
revenueP/E
Consumer Non-Durables
69%similar
revenueP/E
NILKAMALNILKAMAL
Consumer Durables
67%similar
EPS growthdebt/equity
Producer Manufacturing
66%similar
P/EROCE
Industrial Services
65%similar
EPS growthP/E
Process Industries
71%similar
EPS growthdebt/equity
Process Industries
63%similar
P/Erevenue growth
Process Industries
60%similar
debt/equitypromoter holding

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

What changed?

30 events since Jun '22

  1. SepResultsYear-on-year EPS growth turned positive.
  2. SepPeer rankMoved into the 2nd quartile of Process Industries on operating margin (from the 3rd quartile).
  3. JulPriceVolume reached 13.9x its 50-day median on 2026-07-30; price -9.2% that day.
  4. JunPeer rankSlipped to the bottom quartile of Process Industries on ROCE (from the 3rd quartile).
  5. JunPriceVolume reached 65.6x its 50-day median on 2026-06-03; price +9.2% that day.
  6. MarPriceFell 82% from the Sep 2021 peak to the Mar 2026 low.
  7. FebPriceVolume reached 7.2x its 50-day median on 2026-02-27; price -3.6% that day.
  8. DecPeer rankMoved into the 3rd quartile of Process Industries on operating margin (from the bottom quartile).
Show 22 earlier events
  1. SepPeer rankSlipped to the bottom quartile of Process Industries on operating margin (from the 3rd quartile).
  2. AugPriceVolume reached 38.5x its 50-day median on 2025-08-19; price +3.0% that day.
  3. JunResultsYear-on-year EPS growth turned negative.
  4. JunPeer rankSlipped to the 3rd quartile of Process Industries on operating margin (from the 2nd quartile).
  5. MayPriceVolume reached 5.4x its 50-day median on 2025-05-13; price +7.1% that day.
  6. JanPriceVolume reached 6.2x its 50-day median on 2025-01-23; price -1.0% that day.
  7. DecResultsYear-on-year EPS growth turned positive.
  8. AugPriceVolume reached 14.6x its 50-day median on 2024-08-08; price +4.1% that day.
  9. JunPeer rankMoved into the 2nd quartile of Process Industries on EPS growth (from the bottom quartile).
  10. MayPriceVolume reached 11.0x its 50-day median on 2024-05-22; price +1.4% that day.
  11. MarPromoterPromoter holding fell 2.6 pts to 69.8%.
  12. MarPriceVolume reached 25.0x its 50-day median on 2024-03-22; price +8.2% that day.
  13. OctPriceVolume reached 41.5x its 50-day median on 2023-10-11; price +11.4% that day.
  14. AugPriceVolume reached 28.5x its 50-day median on 2023-08-29; price +3.3% that day.
  15. JunResultsYear-on-year EPS growth turned negative.
  16. JunPeer rankSlipped to the 3rd quartile of Process Industries on ROCE (from the top quartile).
  17. AprPriceVolume reached 13.4x its 50-day median on 2023-04-03; price +7.8% that day.
  18. MarValuationP/E fell below the 10th percentile of its own history to date (22.9x).
  19. MarPriceVolume reached 13.8x its 50-day median on 2023-03-17; price +7.4% that day.
  20. DecPriceVolume reached 5.3x its 50-day median on 2022-12-05; price +4.8% that day.
  21. JulPriceVolume reached 29.2x its 50-day median on 2022-07-20; price +7.9% that day.
  22. JunResultsRevenue (TTM) reached a new high of ₹3,084 cr.

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 history69 months · 2021-03 to 2026-11
MonthP/ERevenue (TTM)ROEROCEDebt / Equity
2026-1135.8x₹3122 cr6.3%5.0%0.3x
2026-1033.6x₹3122 cr6.3%5.0%0.3x
2026-0939.1x₹3122 cr6.3%5.0%0.3x
2026-0858.0x₹2847 cr4.0%5.0%0.3x
2026-0762.2x₹2847 cr4.0%5.0%0.3x
2026-0654.0x₹2847 cr4.0%5.0%0.3x
2026-0551.4x₹2822 cr4.1%9.0%0.1x
2026-0450.1x₹2822 cr4.1%9.0%0.1x
2026-0337.5x₹2822 cr4.1%9.0%0.1x
2026-0241.7x₹2889 cr4.4%9.0%0.1x
2026-0147.0x₹2889 cr4.4%9.0%0.1x
2025-1256.0x₹2889 cr4.4%9.0%0.1x
2025-1149.9x₹2960 cr5.2%9.0%0.1x
2025-1053.8x₹2960 cr5.2%9.0%0.1x
2025-0956.8x₹2960 cr5.2%9.0%0.1x
2025-0849.2x₹2985 cr5.9%9.0%0.1x
2025-0749.7x₹2985 cr5.9%9.0%0.1x
2025-0648.0x₹2985 cr5.9%9.0%0.1x
2025-0541.4x₹3067 cr7.5%9.0%0.1x
2025-0435.5x₹3067 cr7.5%9.0%0.1x
2025-0335.5x₹3067 cr7.5%9.0%0.1x
2025-0236.1x₹2975 cr7.4%9.0%0.1x
2025-0144.7x₹2975 cr7.4%9.0%0.1x
2024-1249.7x₹2975 cr7.4%9.0%0.1x
2024-1162.0x₹2856 cr6.5%9.0%0.1x
2024-1064.4x₹2856 cr6.5%9.0%0.1x
2024-0967.0x₹2856 cr6.5%9.0%0.1x
2024-0867.1x₹2867 cr6.7%9.0%0.1x
2024-0758.2x₹2867 cr6.7%9.0%0.1x
2024-0656.5x₹2867 cr6.7%9.0%0.1x
2024-0551.0x₹2797 cr8.9%11.0%0.3x
2024-0454.5x₹2797 cr8.9%11.0%0.3x
2024-0350.0x₹2797 cr8.9%11.0%0.3x
2024-0253.8x₹2797 cr8.9%11.0%0.3x
2024-0157.4x₹2797 cr8.9%11.0%0.3x
2023-1261.8x₹2797 cr8.9%11.0%0.3x
2023-1157.0x₹2797 cr8.9%11.0%0.3x
2023-1054.4x₹2797 cr8.9%11.0%0.3x
2023-0959.3x₹2797 cr8.9%11.0%0.3x
2023-0863.3x₹2797 cr8.9%11.0%0.3x
2023-0757.4x₹2797 cr8.9%11.0%0.3x
2023-0655.3x₹2797 cr8.9%11.0%0.3x
2023-0526.4x₹3084 cr19.7%26.0%0.1x
2023-0428.9x₹3084 cr19.7%26.0%0.1x
2023-0322.9x₹3084 cr19.7%26.0%0.1x
2023-0226.6x₹3084 cr19.7%26.0%0.1x
2023-0127.4x₹3084 cr19.7%26.0%0.1x
2022-1230.5x₹3084 cr19.7%26.0%0.1x
2022-1130.9x₹3084 cr19.7%26.0%0.1x
2022-1032.5x₹3084 cr19.7%26.0%0.1x
2022-0935.0x₹3084 cr19.7%26.0%0.1x
2022-0834.2x₹3084 cr19.7%26.0%0.1x
2022-0732.0x₹3084 cr19.7%26.0%0.1x
2022-0629.3x₹3084 cr19.7%26.0%0.1x
2022-0576.3x₹1768 cr12.3%20.0%0.1x
2022-0486.7x₹1768 cr12.3%20.0%0.1x
2022-0382.9x₹1768 cr12.3%20.0%0.1x
2022-0284.6x₹1768 cr12.3%20.0%0.1x
2022-0190.3x₹1768 cr12.3%20.0%0.1x
2021-1289.7x₹1768 cr12.3%20.0%0.1x
2021-1185.5x₹1768 cr12.3%20.0%0.1x
2021-1094.9x₹1768 cr12.3%20.0%0.1x
2021-09113.4x₹1768 cr12.3%20.0%0.1x
2021-0892.1x₹1768 cr12.3%20.0%0.1x
2021-0754.3x₹1768 cr12.3%20.0%0.1x
2021-0645.7x₹1768 cr12.3%20.0%0.1x
2021-0573.2x₹1534 cr16.4%12.0%0.4x
2021-0466.8x₹1534 cr16.4%12.0%0.4x
2021-0356.1x₹1534 cr16.4%12.0%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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