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MANAPPURAM FINANCE LIMITED (MANAPPURAM)

Finance · Finance/Rental/Leasing · 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.23 / 100
Profitability 28Growth 18
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.46 / 100
Price 32Earnings 84FII/DII 23
Compare withBAJAJ FINANCESHRIRAM FINANCECHOLAMANDALAM INVESTMENT AND F

Share price

Closing priceAdjusted for splits and bonus issues.

₹323.75 latest close · −1.4% over the last 90 sessions

₹300₹350Jul 3Jul 29Aug 24Sep 17Oct 14Nov 9 ₹300₹350Jul 3Sep 4Nov 9

₹323.75 month-end · +13.6% over 12 months

₹250₹300₹350Nov '25Jan '26Apr '26Jun '26Sep '26Nov '26 ₹250₹300₹350Nov '25May '26Nov '26

₹323.75 month-end · +96.9% over 3 years

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

₹323.75 month-end · +251.1% since Jan '19

₹100₹200₹300₹400Jan '19Aug '20Mar '22Sep '23Apr '25Nov '26 ₹100₹200₹300₹400Jan '19Dec '22Nov '26

52-week range ₹245.15 to ₹381.55 · 1-year volatility 35.8%

Was the rally earned?

+14%share price, 1 yearLower P/E held it back

Mostly yes, with a catch.

  • Per-share earnings added 56 points, but investors now pay less per rupee of profit (P/E 30.2x to 20.3x), which took 42 points back.
  • The share count rose 10%.
Net profit growth: +66 pts. Points of the price return explained by net profit growing (or shrinking).+66 ptsNet profit growthP/E change: −42 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−42 ptsP/E changeShare count change: −10 pts. Points of the price return explained by the share count changing. More shares count against the price.−10 ptsShare count changeShare price: +14%+14%Share priceNet profit growth: +66 pts. Points of the price return explained by net profit growing (or shrinking).+66ProfitP/E change: −42 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−42P/EShare count change: −10 pts. Points of the price return explained by the share count changing. More shares count against the price.−10SharesShare price: +14%+14%Share price
Net profit growth+66 ptsNet profit rose about 86%, which lifts the price.
P/E change-42 ptsThe P/E fell from 30.2x to 20.3x, which lowers the price.
Share count change-10 ptsShare count rose 10%, which lowers the price.
+97%share price, 3 yearsMultiple-driven

Partly.

  • Most of the rise came from investors paying a higher multiple (P/E 9.3x to 20.3x); per-share earnings took off 14 points.
  • The share count rose 7%.
Net profit growth: −5 pts. Points of the price return explained by net profit growing (or shrinking).−5 ptsNet profit growthP/E change: +111 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+111 ptsP/E changeShare count change: −9 pts. Points of the price return explained by the share count changing. More shares count against the price.−9 ptsShare count changeShare price: +97%+97%Share priceNet profit growth: −5 pts. Points of the price return explained by net profit growing (or shrinking).−5ProfitP/E change: +111 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+111P/EShare count change: −9 pts. Points of the price return explained by the share count changing. More shares count against the price.−9SharesShare price: +97%+97%Share price
Net profit growth-5 ptsNet profit fell about 4%, which lowers the price.
P/E change+111 ptsThe P/E rose from 9.3x to 20.3x, which lifts the price.
Share count change-9 ptsShare count rose 7%, which lowers the price.
+98%share price, 5 yearsMultiple-driven

Partly.

  • Most of the rise came from investors paying a higher multiple (P/E 8.0x to 20.3x); per-share earnings took off 35 points.
  • The share count rose 7%.
Net profit growth: −25 pts. Points of the price return explained by net profit growing (or shrinking).−25 ptsNet profit growthP/E change: +133 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+133 ptsP/E changeShare count change: −10 pts. Points of the price return explained by the share count changing. More shares count against the price.−10 ptsShare count changeShare price: +98%+98%Share priceNet profit growth: −25 pts. Points of the price return explained by net profit growing (or shrinking).−25ProfitP/E change: +133 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+133P/EShare count change: −10 pts. Points of the price return explained by the share count changing. More shares count against the price.−10SharesShare price: +98%+98%Share price
Net profit growth-25 ptsNet profit fell about 16%, which lowers the price.
P/E change+133 ptsThe P/E rose from 8.0x to 20.3x, which lifts the price.
Share count change-10 ptsShare count rose 7%, 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 BAJAJ FINANCE

How rough has the ride been?

Maximum drawdown-62.8%recovered 2024-07
1-year volatility35.8%annualised
Beta vs sector index1.153-year daily, correlation 0.55
Volume spikes2last 90 sessions, 5x the 50-day median

Drawdown from peak

0%−20%−40%−60%2020202120222023202420252026−61.2% 0%−20%−40%−60%2020202220242026−61.2%
Largest drawdowns

-62.8% (2021-11 peak to 2022-06 low, recovered 2024-07)

-58.5% (2020-01 peak to 2020-03 low, recovered 2021-07)

-38.9% (2024-07 peak to 2024-10 low, recovered 2025-03)

Most recent volume spikes

2026-08-12: 10.4x the 50-day median, price -2.1% that day

2026-08-03: 6.2x the 50-day median, price -1.8% 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?

1.9xP/B todayWithin its usual range
Against its own history53rd percentile
CheapestMedian 1.9xDearest

Usual range 1.2x to 2.7x since 2019-01.

Against Finance1.9x vs 1.5x
This company
1.9x
Sector median
1.5x

24% above the Finance median.

0.6x1.6x2.6x3.6xJan '19Aug '20Mar '22Oct '23May '25Nov '260.6x1.6x2.6x3.6xJan '19Sep '21May '24Nov '26
P/B (this company)10th to 90th percentile of its own historyIts medianFinance median

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P/E (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/B 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 (banks and 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

  • ROE (approx.)28th▼ 10 pts vs a year ago
  • EPS growth90th▲ 75 pts vs a year ago
  • P/B ↓40th▼ 8 pts vs a year ago
  • 12M momentum80th▼ 16 pts vs a year ago
  • FII + DII74thflat vs a year ago

Rank history

ROE (approx.)
EPS growth
P/B ↓
12M momentum
FII + DII
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?

~14%annual earnings growth implied by the priceAbove delivered growth

At normalised P/E (five-year average earnings) of 20.3x, a holder earning 12%/yr needs earnings to grow about 14.2%/yr for 10 years, then trade at 15x.

Delivered8.7%/yrEPS, last 10 fiscal years · 3-yr avg to 3-yr avg
Gap+5.4 ptsimplied minus delivered
Rank12thmost demanding of 63 financials

Over time

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

-0%16%31% Jan 2019Nov 2026 -0%16%31% Jan 2019Nov 2026

Change the assumptions

Exit P/E / return11%12%13%
12x15.5%16.6%17.6%
15x13.2%14.2%15.2%
20x10.1%11.1%12.1%

Drag a slider to test other assumptions

Implied: 14.2%/yr

Looking back

  • Jan 2020Price implied 17%/yr; EPS has since grown −1%/yr (7.0 yrs)
  • Jan 2021Price implied 11%/yr; EPS has since grown −8%/yr (6.0 yrs)
  • Jan 2022Price implied 8%/yr; EPS has since grown −12%/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
₹323.75
P/E
20.3x
Market Cap
₹30411 cr
Revenue (TTM)
₹10275 cr
P/S
3.0x
P/B
1.9x
ROE
7.0%
Debt / Equity
3.6x
Promoter Holding
41.7%
12M Momentum
13.6%

52-week range

₹245.15₹381.55
58% of the way from its 52-week low to its high

Price risk

1Y volatility
35.8%
Beta vs sector
1-year daily
1.11

Balance sheet & cash

Share count, 1Y
+11.2%

Are profits backed by cash?

1 of 1checks within rangeAll clear
Tax rate26%Within range

Median quarterly effective tax rate over about 2.5 years: 25.5%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Tap a check to see how it is measured

Cash conversion and receivable days are not meaningful for banks and NBFCs, so only the other-income and tax-rate checks are shown.

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 added 6.5 pts; FIIs trimmed 4.8 pts; DIIs added 2.6 pts.
  • The number of shareholders rose from 3.5 lakh to 5.3 lakh (+50%) between Sep 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupSep '23Jun '26Change
Promoters35.2%41.7%+6.5 pts
FIIs27.1%22.3%-4.8 pts
DIIs12.3%14.8%+2.6 pts
Public and others25.5%21.2%-4.3 pts

Number of shareholders

5.3 lakhshareholders+50% since Sep '23
3.5L4.6L5.6L6.7L Sep '23Jun '24Mar '25Dec '25Jun '26
Sep '23: 3.5 lakh
Dec '23: 3.9 lakh
Mar '24: 4.4 lakh
Jun '24: 4.5 lakh
Sep '24: 5.7 lakh
Dec '24: 6.7 lakh
Mar '25: 6.3 lakh
Jun '25: 6.0 lakh
Sep '25: 5.7 lakh
Dec '25: 5.5 lakh
Mar '26: 5.5 lakh
Jun '26: 5.3 lakh
 3.5L4.6L5.6L6.7L Sep '23Sep '24Sep '25Jun '26
Sep '23: 3.5 lakh
Dec '23: 3.9 lakh
Mar '24: 4.4 lakh
Jun '24: 4.5 lakh
Sep '24: 5.7 lakh
Dec '24: 6.7 lakh
Mar '25: 6.3 lakh
Jun '25: 6.0 lakh
Sep '25: 5.7 lakh
Dec '25: 5.5 lakh
Mar '26: 5.5 lakh
Jun '26: 5.3 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

−0.2%typical 12-month return vs the marketNot meaningfully different from the base rate
  • We found 50 past situations where a bank, NBFC or insurer looked like MANAPPURAM FINANCE LIMITED today on valuation, return on capital, growth, price momentum, size and volatility.
  • Over the following 12 months the middle half of them returned −29% to +16% vs the market, against −3% for all financial companies in the same months.
  • The gap against the base rate (+3.0%, 80% range −2.5% to +7.5%) is within what chance and overlapping periods produce.

Where the 50 outcomes landed

−100%−50%0%+50%+100%
DCBBANK · Jan 2020: −52.8% vs market
RBLBANK · Dec 2023: −51.9% vs market
PSB · May 2024: −50.1% vs market
EQUITASBNK · Oct 2023: −45.9% vs market
CENTRALBK · Apr 2024: −45.8% vs market
CUB · Nov 2020: −44.9% vs market
MAHABANK · Feb 2021: −38.5% vs market
M&MFIN · May 2023: −34.5% vs market
KARURVYSYA · Feb 2021: −33.8% vs market
APTUS · Feb 2025: −32.8% vs market
DHANBANK · Mar 2025: −32.2% vs market
AAVAS · May 2025: −28.7% vs market
FEDERALBNK · Feb 2020: −28.6% vs market
MASFIN · Mar 2023: −28.4% vs market
SURYODAY · Jun 2023: −25.8% vs market
INDUSINDBK · Jun 2021: −21.9% vs market
INDIASHLTR · May 2025: −14.4% vs market
PNB · Jun 2024: −9.7% vs market
IDBI · Mar 2024: −7.4% vs market
PNBHOUSING · Oct 2023: −5.7% vs market
LICHSGFIN · Jul 2022: −5.6% vs market
SBFC · Jan 2025: −5.5% vs market
YESBANK · Sep 2022: −5.0% vs market
NORTHARC · Oct 2025: −1.8% vs market
SPANDANA · Apr 2023: −1.1% vs market
AXISBANK · Apr 2020: +0.6% vs market
INDIANB · Oct 2023: +1.2% vs market
CHOLAHLDNG · Jan 2021: +3.0% vs market
IIFL · Oct 2025: +4.3% vs market
AADHARHFC · May 2025: +5.1% vs market
IOB · Dec 2022: +6.2% vs market
FEDFINA · Oct 2025: +7.2% vs market
HOMEFIRST · Feb 2022: +7.6% vs market
CREDITACC · Mar 2020: +10.6% vs market
ARMANFIN · Jul 2025: +12.6% vs market
BANDHANBNK · Apr 2025: +13.0% vs market
SBIN · Apr 2021: +13.5% vs market
IDFCFIRSTB · Dec 2021: +17.3% vs market
SHRIRAMFIN · Jun 2024: +18.9% vs market
SUNDARMFIN · Dec 2024: +20.8% vs market
CANFINHOME · Mar 2020: +22.3% vs market
HUDCO · Jan 2024: +23.3% vs market
PAISALO · Jul 2020: +26.1% vs market
ICICIBANK · Oct 2020: +27.9% vs market
UJJIVANSFB · Sep 2025: +44.8% vs market
LTF · May 2025: +63.7% vs market
UCOBANK · Nov 2022: +67.2% vs market
BANKBARODA · May 2022: +75.4% vs market
TFCILTD · Mar 2025: +92.5% vs market
CGCL · Jun 2020: +93.5% vs market
Similar setups −0.2%All companies −3.2%← 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

Similar setups' median
−0.2%
All companies' median
−3.2%
Beat the market
50% vs 47%

50 past situations · 50 companies · 39 months · 2020–2025

The closest matches

CompanyWhenP/EP/B12M mom.DrawdownNext 12 months
M&MFIN
Finance		 May 2023 32x2.1x +62%−3% −35%
IDBI
Finance		 Mar 2024 24x1.9x +80%−14% −7%
YESBANK
Finance		 Sep 2022 37x1.2x +25%−12% −5%
RBLBANK
Finance		 Dec 2023 18x2.0x +56%−5% −52%
LTF
Finance		 May 2025 17x1.8x +12%−10% +64%
Show the other 3 matches
CompanyWhenP/EP/B12M mom.DrawdownNext 12 months
CENTRALBK
Finance		 Apr 2024 35x2.0x +122%−9% −46%
PNBHOUSING
Finance		 Oct 2023 18x1.7x +102%−5% −6%
UCOBANK
Finance		 Nov 2022 24x1.0x +53%−6% +67%
How reliable is this?

Matched on P/E, P/B, ROE, revenue growth, 12-month momentum, drawdown from 12-month high, size and volatility. Closest on: drawdown from 12-month high, 12-month momentum and P/E. 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 MANAPPURAM FINANCE 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.

BANDHAN BANKBANDHANBNK
Finance
64%similar
promoter holdingmarket cap
IDFC FIRST BANKIDFCFIRSTB
Finance
63%similar
EPS growthROE
RELIGARE ENTERPRISESRELIGARE
Finance
62%similar
promoter holdingvolatility

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

What changed?

30 events since Nov '22

  1. SepPromoterPromoter holding rose 9.9 pts to 41.7%.
  2. SepResultsYear-on-year EPS growth turned positive.
  3. SepPeer rankMoved into the top quartile of Finance on EPS growth (from the bottom quartile).
  4. AugPriceVolume reached 10.4x its 50-day median on 2026-08-12; price -2.1% that day.
  5. JunPromoterPromoter holding fell 3.5 pts to 31.8%.
  6. JunInstitutionsFII + DII holding fell 3.7 pts over 1 quarter to 36.2%.
  7. JunSharesShare count is up 11.2% over 12 months.
  8. JanPriceVolume reached 10.5x its 50-day median on 2026-01-09; price -7.6% that day.
Show 22 earlier events
  1. DecPriceVolume reached 9.7x its 50-day median on 2025-12-24; price +6.7% that day.
  2. JunResultsYear-on-year EPS growth turned negative.
  3. JunPeer rankSlipped to the 3rd quartile of Finance on ROE (from the top quartile).
  4. JunPriceVolume reached 5.8x its 50-day median on 2025-06-09; price +7.0% that day.
  5. MarPriceRegained the 2024-07 peak, 5 months after the low.
  6. MarInstitutionsFII + DII holding fell 7.5 pts over 2 quarters to 34.9%.
  7. MarPriceVolume reached 14.6x its 50-day median on 2025-03-21; price +7.7% that day.
  8. FebPeer rankSlipped to the 2nd quartile of Finance on EPS growth (from the top quartile).
  9. OctPriceFell 39% from the Jul 2024 peak to the Oct 2024 low.
  10. OctPriceVolume reached 14.9x its 50-day median on 2024-10-18; price -13.6% that day.
  11. JulPriceRegained the 2021-11 peak, 25 months after the low.
  12. JunResultsRevenue (TTM) reached a new high of ₹8,844 cr.
  13. JunPeer rankMoved into the top quartile of Finance on EPS growth (from the 3rd quartile).
  14. JunPriceVolume reached 6.7x its 50-day median on 2024-06-27; price +7.5% that day.
  15. MarPriceVolume reached 6.0x its 50-day median on 2024-03-05; price +1.3% that day.
  16. NovPriceVolume reached 8.2x its 50-day median on 2023-11-16; price +6.6% that day.
  17. AugPriceVolume reached 11.2x its 50-day median on 2023-08-24; price -2.6% that day.
  18. JunResultsYear-on-year EPS growth turned positive.
  19. JunPeer rankMoved into the 3rd quartile of Finance on EPS growth (from the bottom quartile).
  20. MayPriceVolume reached 18.5x its 50-day median on 2023-05-05; price -11.5% that day.
  21. FebValuationP/B fell below the 10th percentile of its own history to date (1.1x).
  22. NovPriceVolume reached 7.6x its 50-day median on 2022-11-14; price +7.2% 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 history95 months · 2019-01 to 2026-11
MonthP/ERevenue (TTM)ROEDebt / Equity
2026-1120.3x₹10275 cr7.0%3.6x
2026-1018.1x₹10275 cr7.0%3.6x
2026-0919.8x₹10275 cr7.0%3.6x
2026-0829.9x₹9503 cr7.0%3.6x
2026-0732.7x₹9503 cr7.0%3.6x
2026-0628.5x₹9503 cr7.0%3.6x
2026-0567.5x₹9250 cr10.0%2.9x
2026-0461.1x₹9250 cr10.0%2.9x
2026-0352.1x₹9250 cr10.0%2.9x
2026-0253.4x₹9456 cr10.0%2.9x
2026-0153.7x₹9456 cr10.0%2.9x
2025-1258.2x₹9456 cr10.0%2.9x
2025-1130.2x₹9816 cr10.0%2.9x
2025-1028.5x₹9816 cr10.0%2.9x
2025-0929.7x₹9816 cr10.0%2.9x
2025-0818.2x₹10042 cr10.0%2.9x
2025-0717.6x₹10042 cr10.0%2.9x
2025-0619.2x₹10042 cr10.0%2.9x
2025-0510.3x₹10029 cr21.0%3.0x
2025-049.9x₹10029 cr21.0%3.0x
2025-0310.0x₹10029 cr21.0%3.0x
2025-027.5x₹9774 cr21.0%3.0x
2025-017.3x₹9774 cr21.0%3.0x
2024-127.1x₹9774 cr21.0%3.0x
2024-115.9x₹9302 cr21.0%3.0x
2024-105.9x₹9302 cr21.0%3.0x
2024-097.6x₹9302 cr21.0%3.0x
2024-088.4x₹8844 cr21.0%3.0x
2024-078.3x₹8844 cr21.0%3.0x
2024-068.0x₹8844 cr21.0%3.0x
2024-059.5x₹6700 cr17.0%3.0x
2024-0411.3x₹6700 cr17.0%3.0x
2024-039.8x₹6700 cr17.0%3.0x
2024-0210.0x₹6700 cr17.0%3.0x
2024-0110.5x₹6700 cr17.0%3.0x
2023-129.7x₹6700 cr17.0%3.0x
2023-119.3x₹6700 cr17.0%3.0x
2023-107.8x₹6700 cr17.0%3.0x
2023-098.5x₹6700 cr17.0%3.0x
2023-088.7x₹6700 cr17.0%3.0x
2023-077.9x₹6700 cr17.0%3.0x
2023-067.5x₹6700 cr17.0%3.0x
2023-057.0x₹6061 cr17.0%3.0x
2023-048.3x₹6061 cr17.0%3.0x
2023-037.9x₹6061 cr17.0%3.0x
2023-026.5x₹6061 cr17.0%3.0x
2023-017.3x₹6061 cr17.0%3.0x
2022-127.4x₹6061 cr17.0%3.0x
2022-117.3x₹6061 cr17.0%3.0x
2022-106.7x₹6061 cr17.0%3.0x
2022-096.2x₹6061 cr17.0%3.0x
2022-086.7x₹6061 cr17.0%3.0x
2022-076.3x₹6061 cr17.0%3.0x
2022-065.4x₹6061 cr17.0%3.0x
2022-054.7x₹6331 cr26.0%3.2x
2022-045.7x₹6331 cr26.0%3.2x
2022-035.6x₹6331 cr26.0%3.2x
2022-025.6x₹6331 cr26.0%3.2x
2022-017.7x₹6331 cr26.0%3.2x
2021-128.1x₹6331 cr26.0%3.2x
2021-118.0x₹6331 cr26.0%3.2x
2021-1010.2x₹6331 cr26.0%3.2x
2021-098.3x₹6331 cr26.0%3.2x
2021-087.9x₹6331 cr26.0%3.2x
2021-0710.2x₹6331 cr26.0%3.2x
2021-068.3x₹6331 cr26.0%3.2x
2021-059.4x₹5465 cr28.0%4.0x
2021-048.6x₹5465 cr28.0%4.0x
2021-038.6x₹5465 cr28.0%4.0x
2021-0210.1x₹5465 cr28.0%4.0x
2021-019.0x₹5465 cr28.0%4.0x
2020-129.5x₹5465 cr28.0%4.0x
2020-1110.4x₹5465 cr28.0%4.0x
2020-108.9x₹5465 cr28.0%4.0x
2020-099.0x₹5465 cr28.0%4.0x
2020-088.5x₹5465 cr28.0%4.0x
2020-079.1x₹5465 cr28.0%4.0x
2020-068.7x₹5465 cr28.0%4.0x
2020-0511.2x₹4180 cr22.0%3.4x
2020-0412.0x₹4180 cr22.0%3.4x
2020-038.5x₹4180 cr22.0%3.4x
2020-0214.6x₹4180 cr22.0%3.4x
2020-0116.9x₹4180 cr22.0%3.4x
2019-1215.9x₹4180 cr22.0%3.4x
2019-1113.8x₹4180 cr22.0%3.4x
2019-1015.2x₹4180 cr22.0%3.4x
2019-0912.7x₹4180 cr22.0%3.4x
2019-0810.6x₹4180 cr22.0%3.4x
2019-0710.2x₹4180 cr22.0%3.4x
2019-0612.4x₹4180 cr22.0%3.4x
2019-0516.8x₹3421 cr19.0%3.3x
2019-0414.7x₹3421 cr19.0%3.3x
2019-0315.6x₹3421 cr19.0%3.3x
2019-0214.1x₹3421 cr19.0%3.3x
2019-0111.5x₹3421 cr19.0%3.3x

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.

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