अApnaFunda
Menu

MAHESHWARI LOGISTICS LIMITED (MAHESHWARI)

Transportation · Trucking · 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.30 / 100
Profitability 43Growth 30Balance sheet 16

Passes these screensHigh Momentum

Compare withBLACKBUCKTRANSPORT CORPORATION OF INDIAVRL LOGISTICS

Share price

Closing priceAdjusted for splits and bonus issues.

₹65.44 latest close · −10.5% over the last 90 sessions

₹65₹70₹75Jul 3Jul 29Aug 24Sep 17Oct 14Nov 9 ₹65₹70₹75Jul 3Sep 4Nov 9

₹65.44 month-end · +31.8% over 12 months

₹40₹60Nov '25Jan '26Apr '26Jun '26Sep '26Nov '26 ₹40₹60Nov '25May '26Nov '26

₹65.44 month-end · −20.0% over 3 years

₹40₹60₹80Nov '23Jun '24Jan '25Sep '25Apr '26Nov '26 ₹40₹60₹80Nov '23May '25Nov '26

₹65.44 month-end · −62.8% since Feb '19

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

52-week range ₹39.04 to ₹77.01 · 1-year volatility 39.0%

Was the rally earned?

+32%share price, 1 yearMultiple-driven

Partly.

  • Most of the rise came from investors paying a higher multiple (P/E 7.8x to 12.3x); per-share earnings took off 20 points.
  • 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: +52 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+52 ptsP/E changeShare count change: +2 pts. Points of the price return explained by the share count changing. More shares count against the price.+2 ptsShare count changeShare price: +32%+32%Share priceNet profit growth: −22 pts. Points of the price return explained by net profit growing (or shrinking).−22ProfitP/E change: +52 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+52P/EShare count change: +2 pts. Points of the price return explained by the share count changing. More shares count against the price.+2SharesShare price: +32%+32%Share price
Net profit growth-22 ptsNet profit fell about 18%, which lowers the price.
P/E change+52 ptsThe P/E rose from 7.8x to 12.3x, which lifts the price.
Share count change+2 ptsShare count was little changed. More shares would count against the price.
-20%share price, 3 yearsLower P/E held it back

Earnings helped, the multiple did not.

  • Per-share earnings added 14 points, but investors now pay less per rupee of profit (P/E 18.0x to 12.3x), which took 34 points back.
  • The share count rose 3%.
Net profit growth: +17 pts. Points of the price return explained by net profit growing (or shrinking).+17 ptsNet profit growthP/E change: −34 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−34 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: −20%−20%Share priceNet profit growth: +17 pts. Points of the price return explained by net profit growing (or shrinking).+17ProfitP/E change: −34 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−34P/EShare count change: −3 pts. Points of the price return explained by the share count changing. More shares count against the price.−3SharesShare price: −20%−20%Share price
Net profit growth+17 ptsNet profit rose about 21%, which lifts the price.
P/E change-34 ptsThe P/E fell from 18.0x to 12.3x, which lowers the price.
Share count change-3 ptsShare count rose 3%, which lowers the price.
-26%share price, 5 yearsLower P/E held it back

Earnings helped, the multiple did not.

  • Per-share earnings added 46 points, but investors now pay less per rupee of profit (P/E 28.0x to 12.3x), which took 71 points back.
  • The share count rose 3%.
Net profit growth: +48 pts. Points of the price return explained by net profit growing (or shrinking).+48 ptsNet profit growthP/E change: −71 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−71 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: −26%−26%Share priceNet profit growth: +48 pts. Points of the price return explained by net profit growing (or shrinking).+48ProfitP/E change: −71 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−71P/EShare count change: −3 pts. Points of the price return explained by the share count changing. More shares count against the price.−3SharesShare price: −26%−26%Share price
Net profit growth+48 ptsNet profit rose about 75%, which lifts the price.
P/E change-71 ptsThe P/E fell from 28.0x to 12.3x, which lowers the price.
Share count change-3 ptsShare count rose 3%, 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 BLACKBUCK

How rough has the ride been?

Maximum drawdown-83.1%not yet recovered
1-year volatility39.0%annualised

Drawdown from peak

0%−25%−50%−75%2020202120222023202420252026−82.5% 0%−25%−50%−75%2020202220242026−82.5%
Largest drawdowns

-83.1% (2019-04 peak to 2026-03 low, not yet recovered)

Is it expensive against its own past and its peers?

12.3xP/E todayWithin its usual range
Against its own history22nd percentile
CheapestMedian 14.2xDearest

Usual range 8.9x to 31.3x since 2019-02.

Against Transportation12.3x vs 15.9x
This company
12.3x
Sector median
15.9x

23% below the Transportation median.

6.5x22.5x38.5x54.6xFeb '19Sep '20Apr '22Nov '23Jun '25Nov '266.5x22.5x38.5x54.6xFeb '19Sep '21Apr '24Nov '26
P/E (this company)10th to 90th percentile of its own historyIts medianTransportation median

The chart loads when you open this tab.

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

The chart loads when you open this tab.

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

Where does it rank among Transportation peers?

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

  • ROCE54th▲ 6 pts vs a year ago
  • Op. margin33rd▲ 6 pts vs a year ago
  • Revenue growth43rd▲ 24 pts vs a year ago
  • EPS growth29th▼ 49 pts vs a year ago
  • Debt/equity ↓15thflat vs a year ago
  • Cash cycle ↓38thflat vs a year ago
  • P/E ↓66th▼ 29 pts vs a year ago
  • 12M momentum91st▲ 35 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 Transportation sector page Watch it move against Transportation in the Observatory

What is the price implying?

~10%annual earnings growth implied by the price

At a P/E of 12.5x, the price would imply about 10.0%/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 Transportation The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov
₹65.44
P/E
12.3x
ROCE
12.0%
Market Cap
₹193 cr
Revenue (TTM)
₹1091 cr
P/S
0.2x
P/B
0.9x
ROE
7.3%
Operating Margin
6.7%
Debt / Equity
1.3x
Promoter Holding
57.3%
12M Momentum
31.8%

52-week range

₹39.04₹77.01
70% of the way from its 52-week low to its high

Price risk

1Y volatility
39.0%
Beta vs sector
1-year daily
0.27

Balance sheet & cash

Interest cover
operating profit ÷ interest
1.6x
Cash from profit, 3Y
operating cash flow ÷ net profit
1.78x
Share count, 1Y
unchanged

Are profits backed by cash?

5 of 7checks within range2 near a threshold
Other income reliance25%Near threshold

Other income as a share of pre-tax profit (trailing twelve months): 24.9%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate31%Within range

Median quarterly effective tax rate over about 2.5 years: 30.6%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion1.78xWithin range

Operating cash flow divided by net profit over the last three fiscal years: 1.78x (cash from operations ₹87 cr, net profit ₹49 cr). Bands: 0.8x and above, 0.5x to 0.8x, below 0.5x.

Free cash flow3 of 5 yrsNear threshold

Fiscal years with positive free cash flow in the last 5: 3. Bands: at least 80% of years, 40% to 80%, below 40%.

Receivable days vs history+11 daysWithin range

Debtor days are above the median of the previous three fiscal years by 11 days (62 vs 51). 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+10 days / 2 yrsWithin range

Days payable changed by +10 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, institutional and promoter holdings were broadly unchanged.
  • The number of shareholders fell from 12,757 to 10,768 (-16%) between Sep 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupSep '23Jun '26Change
Promoters57.4%57.3%0.0 pts
FIIs———
DIIs———
Public and others41.4%40.8%-0.6 pts

Number of shareholders

10,768shareholders-16% since Sep '23
11k12k13k13k Sep '23Mar '24Sep '24Sep '25Jun '26
Sep '23: 12,757
Dec '23: 13,452
Mar '24: 13,126
Jun '24: 12,830
Sep '24: 13,274
Mar '25: 12,959
Sep '25: 12,452
Mar '26: 11,836
Jun '26: 10,768
 11k12k13k13k Sep '23Jun '24Sep '25Jun '26
Sep '23: 12,757
Dec '23: 13,452
Mar '24: 13,126
Jun '24: 12,830
Sep '24: 13,274
Mar '25: 12,959
Sep '25: 12,452
Mar '26: 11,836
Jun '26: 10,768

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

+8.2%typical 12-month return vs the marketAbove the base rate
  • We found 50 past situations where a non-financial company looked like MAHESHWARI LOGISTICS 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 −21% to +44% vs the market, against −6% for all non-financial companies in the same months.
  • The analogs' median sat above that base rate (gap +14.1%, 80% range +0.7% to +30.2%), but the matches cluster in only 6 distinct 12-month windows.

Where the 50 outcomes landed

−100%−50%0%+50%+100%
ANMOL · Nov 2023: −63.0% vs market
SUKHJITS · Nov 2024: −45.4% vs market
PTC · Oct 2021: −45.0% vs market
CELEBRITY · Apr 2024: −44.6% vs market
RELCHEMQ · Nov 2023: −43.0% vs market
AVADHSUGAR · Nov 2023: −41.5% vs market
GLOBE · Dec 2024: −36.7% vs market
BALPHARMA · Sep 2024: −34.2% vs market
RPSGVENT · Aug 2024: −23.0% vs market
BIL · May 2021: −22.3% vs market
HISARMETAL · Aug 2025: −22.2% vs market
IVP · Nov 2023: −21.0% vs market
SPORTKING · Aug 2024: −20.6% vs market
MANAKALUCO · Sep 2023: −20.4% vs market
KMSUGAR · Sep 2023: −18.7% vs market
JAYSREETEA · Jun 2021: −16.9% vs market
RBS · May 2025: −10.3% vs market
MAGADSUGAR · Jun 2021: −5.6% vs market
RANEHOLDIN · Jul 2024: −5.0% vs market
MUNJALAU · Dec 2023: −4.8% vs market
INDSWFTLAB · Aug 2023: −3.9% vs market
AMDIND · Mar 2022: +2.0% vs market
PRECOT · Oct 2024: +2.3% vs market
GOKUL · Aug 2020: +4.0% vs market
PARAGMILK · Jun 2025: +5.1% vs market
TVSHLTD · Nov 2021: +11.3% vs market
BANSWRAS · May 2020: +12.4% vs market
INDIAGLYCO · Aug 2021: +18.0% vs market
GPTINFRA · May 2022: +21.0% vs market
MGEL · Oct 2025: +25.5% vs market
MANOMAY · Oct 2025: +25.8% vs market
DCMSRIND · Jul 2023: +27.0% vs market
KAPSTON · Sep 2024: +27.5% vs market
EMAMIPAP · Oct 2025: +28.7% vs market
JAYBARMARU · Oct 2025: +34.9% vs market
BSL · Aug 2022: +35.4% vs market
CORDSCABLE · Nov 2022: +40.9% vs market
MARALOVER · Jun 2021: +45.4% vs market
KANPRPLA · Mar 2025: +46.8% vs market
UNITEDPOLY · Mar 2025: +56.5% vs market
COSMOFIRST · Jan 2020: +59.4% vs market
TBZ · Sep 2023: +67.0% vs market
WHEELS · Apr 2025: +70.1% vs market
MANAKCOAT · Nov 2023: +81.7% vs market
UNIVCABLES · Oct 2022: +92.9% vs market
HITECH · Dec 2020: +95.5% vs market
PENIND · Sep 2022: +129.8% vs market
MWL · Jun 2025: +130.2% vs market
REMSONSIND · Jan 2023: +133.0% vs market
GOODLUCK · Jun 2021: +156.9% vs market
Similar setups +8.2%All companies −5.9%← 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
+8.2%
All companies' median
−5.9%
Beat the market
58% vs 43%

50 past situations · 50 companies · 34 months · 2020–2025

The closest matches

CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
WHEELS
Producer Manufacturing		 Apr 2025 15x12% +15%−25% +70%
MARALOVER
Process Industries		 Jun 2021 16x12% +244%0% +45%
GOKUL
Process Industries		 Aug 2020 11x10% +34%−12% +4%
MUNJALAU
Producer Manufacturing		 Dec 2023 16x9% +81%−2% −5%
INDSWFTLAB
Health Technology		 Aug 2023 13x13% +76%−4% −4%
Show the other 3 matches
CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
TBZ
Retail Trade		 Sep 2023 20x9% +49%−4% +67%
BANSWRAS
Process Industries		 May 2020 5x10% −13%−50% +12%
AMDIND
Process Industries		 Mar 2022 15x10% +162%−18% +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: ROCE, 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 MAHESHWARI LOGISTICS 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 changed?

23 events since Dec '19

  1. JunResultsYear-on-year EPS growth turned negative.
  2. JunPeer rankMoved into the 2nd quartile of Transportation on ROCE (from the 3rd quartile).
  3. MarPriceFell 83% from the Apr 2019 peak to the Mar 2026 low.
  4. AugPeer rankSlipped to the 3rd quartile of Transportation on ROCE (from the 2nd quartile).
  5. JunPeer rankMoved into the 2nd quartile of Transportation on ROCE (from the 3rd quartile).
  6. FebValuationP/E fell below the 10th percentile of its own history to date (12.6x).
  7. OctValuationP/E fell below the 10th percentile of its own history to date (12.7x).
  8. SepResultsYear-on-year EPS growth turned positive.
Show 15 earlier events
  1. SepPeer rankMoved into the 2nd quartile of Transportation on EPS growth (from the 3rd quartile).
  2. AugPeer rankSlipped to the 3rd quartile of Transportation on ROCE (from the 2nd quartile).
  3. JunResultsYear-on-year EPS growth turned negative.
  4. JunPeer rankSlipped to the 3rd quartile of Transportation on EPS growth (from the 2nd quartile).
  5. JunResultsYear-on-year EPS growth turned positive.
  6. JunValuationP/E fell below the 10th percentile of its own history to date (12.5x).
  7. JunPeer rankMoved into the 2nd quartile of Transportation on EPS growth (from the 3rd quartile).
  8. JunDividendDividend payout cut from 16% to 0% of profit.
  9. SepPeer rankSlipped to the 2nd quartile of Transportation on ROCE (from the top quartile).
  10. JunPeer rankSlipped to the 3rd quartile of Transportation on EPS growth (from the 2nd quartile).
  11. JunDividendStarted paying a dividend (payout 16% of profit).
  12. JunResultsYear-on-year EPS growth turned negative.
  13. JunPeer rankSlipped to the 2nd quartile of Transportation on EPS growth (from the top quartile).
  14. JunDividendDividend payout cut from 12% to 0% of profit.
  15. DecPeer rankMoved into the top quartile of Transportation on ROCE (from the 2nd quartile).

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
2026-1112.3x₹1091 cr7.3%12.0%1.3x
2026-1013.1x₹1091 cr7.4%12.0%1.3x
2026-0913.8x₹1091 cr7.4%12.0%1.3x
2026-0812.6x₹1110 cr7.9%12.0%1.3x
2026-0712.8x₹1110 cr7.9%12.0%1.3x
2026-0613.1x₹1110 cr7.9%12.0%1.3x
2026-058.2x₹1075 cr10.1%13.0%1.4x
2026-047.6x₹1075 cr10.1%13.0%1.4x
2026-036.5x₹1075 cr10.1%13.0%1.4x
2026-026.5x₹1038 cr9.6%13.0%1.4x
2026-017.0x₹1038 cr9.6%13.0%1.4x
2025-127.4x₹1038 cr9.6%13.0%1.4x
2025-117.8x₹991 cr9.6%13.0%1.4x
2025-108.8x₹991 cr9.6%13.0%1.4x
2025-098.9x₹991 cr9.6%13.0%1.4x
2025-089.6x₹973 cr9.3%13.0%1.4x
2025-0710.0x₹973 cr9.3%13.0%1.4x
2025-069.6x₹973 cr9.3%13.0%1.4x
2025-0512.5x₹975 cr7.4%11.0%1.4x
2025-0412.2x₹975 cr7.4%11.0%1.4x
2025-0312.0x₹975 cr7.4%11.0%1.4x
2025-0212.6x₹1016 cr7.7%11.0%1.4x
2025-0113.5x₹1016 cr7.7%11.0%1.4x
2024-1212.9x₹1016 cr7.7%11.0%1.4x
2024-1113.1x₹1027 cr7.9%11.0%1.4x
2024-1012.7x₹1027 cr7.9%11.0%1.4x
2024-0914.2x₹1027 cr7.9%11.0%1.4x
2024-0815.4x₹1048 cr7.6%11.0%1.4x
2024-0717.0x₹1048 cr7.6%11.0%1.4x
2024-0614.5x₹1048 cr7.6%11.0%1.4x
2024-0514.1x₹1147 cr7.8%12.0%1.2x
2024-0414.6x₹1147 cr7.8%12.0%1.2x
2024-0313.5x₹1147 cr7.8%12.0%1.2x
2024-0216.3x₹1147 cr7.8%12.0%1.2x
2024-0117.0x₹1147 cr7.8%12.0%1.2x
2023-1217.5x₹1147 cr7.8%12.0%1.2x
2023-1118.0x₹1147 cr7.8%12.0%1.2x
2023-1018.7x₹1147 cr7.8%12.0%1.2x
2023-0918.3x₹1147 cr7.8%12.0%1.2x
2023-0816.1x₹1147 cr7.8%12.0%1.2x
2023-0714.3x₹1147 cr7.8%12.0%1.2x
2023-0615.6x₹1147 cr7.8%12.0%1.2x
2023-0513.6x₹1033 cr11.0%14.0%1.1x
2023-0414.7x₹1033 cr11.0%14.0%1.1x
2023-0313.8x₹1033 cr11.0%14.0%1.1x
2023-029.8x₹1033 cr11.0%14.0%1.1x
2023-0110.9x₹1033 cr11.0%14.0%1.1x
2022-1211.8x₹1033 cr11.0%14.0%1.1x
2022-1112.6x₹1033 cr11.0%14.0%1.1x
2022-1013.1x₹1033 cr11.0%14.0%1.1x
2022-0913.9x₹1033 cr11.0%14.0%1.1x
2022-0812.9x₹1033 cr11.0%14.0%1.1x
2022-0712.7x₹1033 cr11.0%14.0%1.1x
2022-0612.5x₹1033 cr11.0%14.0%1.1x
2022-0526.5x₹673 cr6.5%12.0%1.0x
2022-0432.0x₹673 cr6.5%12.0%1.0x
2022-0333.2x₹673 cr6.5%12.0%1.0x
2022-0224.7x₹673 cr6.5%12.0%1.0x
2022-0127.3x₹673 cr6.5%12.0%1.0x
2021-1229.5x₹673 cr6.5%12.0%1.0x
2021-1128.0x₹673 cr6.5%12.0%1.0x
2021-1031.3x₹673 cr6.5%12.0%1.0x
2021-0932.3x₹673 cr6.5%12.0%1.0x
2021-0834.3x₹673 cr6.5%12.0%1.0x
2021-0733.3x₹673 cr6.5%12.0%1.0x
2021-0633.9x₹673 cr6.5%12.0%1.0x
2021-0522.2x₹758 cr11.5%16.0%1.1x
2021-0420.8x₹758 cr11.5%16.0%1.1x
2021-0315.0x₹758 cr11.5%16.0%1.1x
2021-0216.9x₹758 cr11.5%16.0%1.1x
2021-0116.1x₹758 cr11.5%16.0%1.1x
2020-1217.3x₹758 cr11.5%16.0%1.1x
2020-1116.8x₹758 cr11.5%16.0%1.1x
2020-1017.2x₹758 cr11.5%16.0%1.1x
2020-0918.5x₹758 cr11.5%16.0%1.1x
2020-0816.1x₹758 cr11.5%16.0%1.1x
2020-0715.4x₹758 cr11.5%16.0%1.1x
2020-0618.5x₹758 cr11.5%16.0%1.1x
2020-05—₹1035 cr12.8%17.0%1.2x
2020-04—₹1035 cr12.8%17.0%1.2x
2020-03—₹1035 cr12.8%17.0%1.2x
2020-02—₹1035 cr12.8%17.0%1.2x
2020-01—₹1035 cr12.8%17.0%1.2x
2019-12—₹1035 cr12.8%17.0%1.2x
2019-11—₹1035 cr12.8%17.0%1.2x
2019-10—₹1035 cr12.8%17.0%1.2x
2019-09—₹1035 cr12.8%17.0%1.2x
2019-08—₹1035 cr12.8%17.0%1.2x
2019-07—₹1035 cr12.8%17.0%1.2x
2019-06—₹1035 cr12.8%17.0%1.2x
2019-05—₹867 cr11.7%—1.3x
2019-04—₹867 cr11.7%—1.3x
2019-0354.6x₹867 cr11.7%—1.3x
2019-0244.7x₹867 cr11.7%—1.3x

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.

Feedback