अApnaFunda
Menu

MAYUR UNIQUOTERS LTD (MAYURUNIQ)

Process Industries · Textiles · 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.88 / 100
Profitability 88Growth 76Balance sheet 100
Momentum scoreHow strong the recent trend is: 3-month price change, 12-month improvement in earnings and the rise in FII + DII holding, among companies above ₹500 cr.67 / 100
Price 56Earnings 73FII/DII 73

Passes these screensQuality CompounderHigh MomentumDebt-light & profitable

Compare withVARDHMAN TEXTILES LIMTEDARVINDTRIDENT

Share price

Closing priceAdjusted for splits and bonus issues.

₹746.3 latest close · −15.4% over the last 90 sessions

₹700₹800₹900Jul 3Jul 29Aug 24Sep 17Oct 14Nov 9 ₹700₹800₹900Jul 3Sep 4Nov 9

₹746.3 month-end · +49.7% over 12 months

₹600₹800Nov '25Jan '26Apr '26Jun '26Sep '26Nov '26 ₹600₹800Nov '25May '26Nov '26

₹746.3 month-end · +38.1% over 3 years

₹600₹800Nov '23Jun '24Jan '25Sep '25Apr '26Nov '26 ₹600₹800Nov '23May '25Nov '26

₹746.3 month-end · +100.2% since Jan '19

₹250₹500₹750Jan '19Aug '20Mar '22Sep '23Apr '25Nov '26 ₹250₹500₹750Jan '19Dec '22Nov '26

52-week range ₹471.20 to ₹907.00 · 1-year volatility 40.5%

Was the rally earned?

+50%share price, 1 yearEarnings-driven

Mostly yes.

  • Per-share earnings added 38 points to the rise, while the multiple moved less (P/E 14.2x to 15.7x).
  • The share count barely moved.
Net profit growth: +37 pts. Points of the price return explained by net profit growing (or shrinking).+37 ptsNet profit growthP/E change: +12 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+12 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: +50%+50%Share priceNet profit growth: +37 pts. Points of the price return explained by net profit growing (or shrinking).+37ProfitP/E change: +12 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+12P/EShare count change: +1 pts. Points of the price return explained by the share count changing. More shares count against the price.+1SharesShare price: +50%+50%Share price
Net profit growth+37 ptsNet profit rose about 35%, which lifts the price.
P/E change+12 ptsThe P/E rose from 14.2x to 15.7x, which lifts the price.
Share count change+1 ptsShare count was little changed. More shares would count against the price.
+38%share price, 3 yearsLower P/E held it back

Mostly yes, with a catch.

  • Per-share earnings added 82 points, but investors now pay less per rupee of profit (P/E 22.8x to 15.7x), which took 44 points back.
  • The share count barely moved.
Net profit growth: +81 pts. Points of the price return explained by net profit growing (or shrinking).+81 ptsNet profit growthP/E change: −44 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−44 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: +38%+38%Share priceNet profit growth: +81 pts. Points of the price return explained by net profit growing (or shrinking).+81ProfitP/E change: −44 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−44P/EShare count change: +1 pts. Points of the price return explained by the share count changing. More shares count against the price.+1SharesShare price: +38%+38%Share price
Net profit growth+81 ptsNet profit rose about 99%, which lifts the price.
P/E change-44 ptsThe P/E fell from 22.8x to 15.7x, which lowers the price.
Share count change+1 ptsShare count was little changed. More shares would count against the price.
+58%share price, 5 yearsLower P/E held it back

Mostly yes, with a catch.

  • Per-share earnings added 109 points, but investors now pay less per rupee of profit (P/E 23.5x to 15.7x), which took 51 points back.
  • The share count fell 3%.
Net profit growth: +106 pts. Points of the price return explained by net profit growing (or shrinking).+106 ptsNet profit growthP/E change: −51 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−51 ptsP/E changeShare count change: +4 pts. Points of the price return explained by the share count changing. More shares count against the price.+4 ptsShare count changeShare price: +58%+58%Share priceNet profit growth: +106 pts. Points of the price return explained by net profit growing (or shrinking).+106ProfitP/E change: −51 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−51P/EShare count change: +4 pts. Points of the price return explained by the share count changing. More shares count against the price.+4SharesShare price: +58%+58%Share price
Net profit growth+106 ptsNet profit rose about 130%, which lifts the price.
P/E change-51 ptsThe P/E fell from 23.5x to 15.7x, which lowers the price.
Share count change+4 ptsShare count fell 3%, which lifts 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 VARDHMAN TEXTILES LIMTED

How rough has the ride been?

Maximum drawdown-68.9%recovered 2021-02
1-year volatility40.5%annualised
Beta vs sector index0.993-year daily, correlation 0.47
Volume spikes1last 90 sessions, 5x the 50-day median

Drawdown from peak

0%−20%−40%−60%2020202120222023202420252026−64.5% 0%−20%−40%−60%2020202220242026−64.5%
Largest drawdowns

-68.9% (2019-01 peak to 2020-03 low, recovered 2021-02)

-45.7% (2021-12 peak to 2022-05 low, recovered 2024-06)

-33.7% (2024-08 peak to 2025-04 low, recovered 2026-05)

Most recent volume spikes

2026-08-06: 5.6x the 50-day median, price +0.6% that day

Beta is the slope of daily returns against a market-cap-weighted index of the sector's other listed companies, built from today's constituents (so it excludes companies no longer listed).

Is it expensive against its own past and its peers?

15.7xP/E todayWithin its usual range
Against its own history37th percentile
CheapestMedian 18.3xDearest

Usual range 12.0x to 23.7x since 2019-01.

Against Process Industries15.7x vs 18.1x
This company
15.7x
Sector median
18.1x

13% below the Process Industries median.

6.8x15.4x24.1x32.7xJan '19Aug '20Mar '22Oct '23May '25Nov '266.8x15.4x24.1x32.7xJan '19Sep '21May '24Nov '26
P/E (this company)10th to 90th percentile of its own historyIts medianProcess Industries median

The chart loads when you open this tab.

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

The chart loads when you open this tab.

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

  • ROCE89th▲ 4 pts vs a year ago
  • Op. margin87thflat vs a year ago
  • Revenue growth68th▲ 16 pts vs a year ago
  • EPS growth71st▲ 6 pts vs a year ago
  • Debt/equity ↓92ndflat vs a year ago
  • Cash cycle ↓21st▼ 3 pts vs a year ago
  • P/E ↓57th▼ 13 pts vs a year ago
  • 12M momentum89th▲ 29 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?

~17%annual earnings growth implied by the priceAbove delivered growth

At normalised P/E (five-year average earnings) of 24.5x, a holder earning 12%/yr needs earnings to grow about 16.9%/yr for 10 years, then trade at 15x.

Delivered8.8%/yrEPS, last 10 fiscal years · 3-yr avg to 3-yr avg
Gap+8.2 ptsimplied minus delivered
Rank365thmost demanding of 856

Over time

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

0%10%19% Jan 2019Nov 2026 0%10%19% Jan 2019Nov 2026

Change the assumptions

Exit P/E / return11%12%13%
12x18.4%19.5%20.6%
15x15.9%16.9%18.0%
20x12.7%13.7%14.7%

Drag a slider to test other assumptions

Implied: 16.9%/yr

Looking back

  • Jan 2020Price implied 9%/yr; EPS has since grown 12%/yr (7.0 yrs)
  • Jan 2021Price implied 11%/yr; EPS has since grown 17%/yr (6.0 yrs)
  • Jan 2022Price implied 18%/yr; EPS has since grown 16%/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
₹746.30
P/E
15.7x
ROCE
24.0%
Market Cap
₹3245 cr
Revenue (TTM)
₹1019 cr
P/S
3.2x
P/B
2.9x
ROE
18.3%
Operating Margin
22.0%
Debt / Equity
0.0x
Promoter Holding
58.8%
12M Momentum
49.7%

52-week range

₹471.20₹907.00
63% of the way from its 52-week low to its high

Price risk

1Y volatility
40.5%
Beta vs sector
1-year daily
1.16

Balance sheet & cash

Debt service
no meaningful debt
Cash from profit, 3Y
operating cash flow ÷ net profit
0.87x
Share count, 1Y
unchanged

Are profits backed by cash?

6 of 7checks within range1 near a threshold
Other income reliance21%Near threshold

Other income as a share of pre-tax profit (trailing twelve months): 20.9%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate27%Within range

Median quarterly effective tax rate over about 2.5 years: 26.5%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion0.87xWithin range

Operating cash flow divided by net profit over the last three fiscal years: 0.87x (cash from operations ₹403 cr, net profit ₹463 cr). Bands: 0.8x and above, 0.5x to 0.8x, below 0.5x.

Free cash flow4 of 5 yrsWithin range

Fiscal years with positive free cash flow in the last 5: 4. Bands: at least 80% of years, 40% to 80%, below 40%.

Receivable days vs history+7 daysWithin range

Debtor days are above the median of the previous three fiscal years by 7 days (79 vs 72). Bands: under 15 days, 15 to 45, over 45.

Capital work in progress1% of fixed assetsWithin range

Capital work-in-progress is 1% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.

Payable days+7 days / 2 yrsWithin range

Days payable changed by +7 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, DIIs trimmed 6.5 pts; FIIs added 2.4 pts.
  • The number of shareholders rose from 32,493 to 37,381 (+15%) between Sep 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupSep '23Jun '26Change
Promoters58.5%58.8%+0.3 pts
FIIs2.4%4.8%+2.4 pts
DIIs9.7%3.1%-6.5 pts
Public and others29.4%33.3%+3.9 pts

Number of shareholders

37,381shareholders+15% since Sep '23
32k35k38k41k Sep '23Jun '24Mar '25Dec '25Jun '26
Sep '23: 32,493
Dec '23: 33,686
Mar '24: 33,732
Jun '24: 34,923
Sep '24: 40,592
Dec '24: 39,967
Mar '25: 39,791
Jun '25: 39,078
Sep '25: 38,960
Dec '25: 38,386
Mar '26: 38,037
Jun '26: 37,381
 32k35k38k41k Sep '23Sep '24Sep '25Jun '26
Sep '23: 32,493
Dec '23: 33,686
Mar '24: 33,732
Jun '24: 34,923
Sep '24: 40,592
Dec '24: 39,967
Mar '25: 39,791
Jun '25: 39,078
Sep '25: 38,960
Dec '25: 38,386
Mar '26: 38,037
Jun '26: 37,381

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

−0.9%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 MAYUR UNIQUOTERS 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 −28% to +48% vs the market, against −3% for all non-financial companies in the same months.
  • The gap against the base rate (+2.3%, 80% range −5.1% to +21.7%) is within what chance and overlapping periods produce.

Where the 50 outcomes landed

−100%−50%0%+50%+100%
VEEDOL · Jun 2021: −58.5% vs market
ZENSARTECH · Sep 2025: −43.7% vs market
PIXTRANS · Jan 2025: −41.5% vs market
AMBIKCO · Mar 2022: −38.4% vs market
BDL · Aug 2020: −37.7% vs market
MAITHANALL · Mar 2022: −36.5% vs market
GRSE · Jul 2020: −35.2% vs market
ARKADE · Oct 2025: −35.1% vs market
CONTROLPR · Nov 2023: −35.0% vs market
ALBERTDAVD · Mar 2020: −34.2% vs market
DHANUKA · Feb 2025: −32.4% vs market
NUCLEUS · Aug 2020: −29.2% vs market
SASKEN · Apr 2021: −28.2% vs market
SHARDACROP · Jun 2022: −27.0% vs market
DATAMATICS · Jun 2023: −24.3% vs market
LIKHITHA · Feb 2023: −22.9% vs market
HONDAPOWER · Jun 2020: −22.5% vs market
INTELLECT · Oct 2023: −22.2% vs market
TAJGVK · Jul 2025: −16.2% vs market
KKCL · Jun 2023: −7.6% vs market
LINCOLN · Aug 2020: −5.3% vs market
MAZDA · Jan 2024: −2.8% vs market
FIEMIND · Sep 2025: −2.1% vs market
STARCEMENT · Jul 2023: −1.9% vs market
GARFIBRES · Aug 2025: −1.3% vs market
INDRAMEDCO · Jun 2020: −0.5% vs market
STYRENIX · Aug 2024: +9.7% vs market
FINPIPE · Apr 2020: +17.8% vs market
GPPL · Aug 2023: +17.9% vs market
RITES · Apr 2023: +20.2% vs market
KSCL · Aug 2024: +20.2% vs market
GOLDIAM · Aug 2024: +22.3% vs market
FINCABLES · May 2023: +24.8% vs market
VESUVIUS · Mar 2024: +32.6% vs market
MPSLTD · Jun 2024: +36.5% vs market
RSYSTEMS · Jan 2020: +38.9% vs market
MARKSANS · Aug 2023: +43.9% vs market
ENGINERSIN · Jun 2023: +48.9% vs market
ELECON · Jun 2023: +54.4% vs market
VOLTAMP · Aug 2023: +66.4% vs market
STEELCAS · Sep 2025: +75.4% vs market
OAL · Aug 2020: +76.6% vs market
SJS · Jul 2025: +85.0% vs market
ECLERX · Sep 2020: +88.6% vs market
NEWGEN · Jun 2023: +95.5% vs market
ACE · Jun 2023: +107.1% vs market
GODFRYPHLP · Jun 2024: +113.1% vs market
ADFFOODS · Feb 2020: +128.8% vs market
ACCENTMIC · Oct 2025: +145.3% vs market
SAKSOFT · Jul 2022: +179.6% vs market
Similar setups −0.9%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 · 5 beyond the range shown, drawn at the edge

Similar setups' median
−0.9%
All companies' median
−3.2%
Beat the market
48% vs 47%

50 past situations · 50 companies · 31 months · 2020–2025

The closest matches

CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
DHANUKA
Process Industries		 Feb 2025 21x27% +20%−31% −32%
ENGINERSIN
Industrial Services		 Jun 2023 19x24% +102%−5% +49%
DATAMATICS
Technology Services		 Jun 2023 17x24% +95%−5% −24%
RITES
Commercial Services		 Apr 2023 18x29% +44%−7% +20%
GRSE
Producer Manufacturing		 Jul 2020 14x22% +44%−19% −35%
Show the other 3 matches
CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
CONTROLPR
Electronic Technology		 Nov 2023 27x23% +104%−5% −35%
MARKSANS
Health Technology		 Aug 2023 19x22% +116%−5% +44%
VOLTAMP
Producer Manufacturing		 Aug 2023 29x25% +107%−2% +66%
How reliable is this?

Matched on P/E, P/S, ROCE, operating margin, debt/equity, revenue growth, 12-month momentum, drawdown from 12-month high, size and volatility. Closest on: drawdown from 12-month high, revenue growth and ROCE. Not used (unavailable for this company): interest cover. 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 MAYUR UNIQUOTERS 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.

INDRAPRASTHA MEDICAL CORPORATIINDRAMEDCO
Health Services
76%similar
P/Emarket cap
PIX TRANSMISSIONSPIXTRANS
Producer Manufacturing
74%similar
EPS growthROCE
TALBROS AUTOMOTIVE COMPONENTSTALBROAUTO
Producer Manufacturing
70%similar
EPS growthpromoter holding
STYLAM INDUSTRIESSTYLAMIND
Non-Energy Minerals
67%similar
operating marginrevenue
SAKSOFTSAKSOFT
Technology Services
64%similar
revenueROCE
BHANSALI ENGINEERING POLYMERSBEPL
Process Industries
70%similar
ROCEpromoter holding
INDIGO PAINTSINDIGOPNTS
Process Industries
63%similar
revenue growthdebt/equity
BOROSIL RENEWABLESBORORENEW
Process Industries
61%similar
promoter holdingP/E

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

What changed?

30 events since Dec '21

  1. AugPriceVolume reached 5.6x its 50-day median on 2026-08-06; price +0.6% that day.
  2. MayPriceRegained the 2024-08 peak, 13 months after the low.
  3. MayPriceVolume reached 92.5x its 50-day median on 2026-05-20; price +11.8% that day.
  4. FebPriceVolume reached 15.3x its 50-day median on 2026-02-03; price +7.9% that day.
  5. NovPriceVolume reached 6.1x its 50-day median on 2025-11-12; price -4.2% that day.
  6. JunPeer rankSlipped to the 2nd quartile of Process Industries on EPS growth (from the top quartile).
  7. MayPriceVolume reached 34.5x its 50-day median on 2025-05-09; price +14.6% that day.
  8. AprPriceFell 34% from the Aug 2024 peak to the Apr 2025 low.
Show 22 earlier events
  1. DecPeer rankMoved into the top quartile of Process Industries on EPS growth (from the 2nd quartile).
  2. NovPriceVolume reached 6.7x its 50-day median on 2024-11-11; price -7.2% that day.
  3. SepInstitutionsFII + DII holding fell 4.3 pts over 2 quarters to 7.2%.
  4. AugPriceVolume reached 11.5x its 50-day median on 2024-08-09; price +5.5% that day.
  5. JunResultsRevenue (TTM) reached a new high of ₹803 cr.
  6. JunPriceRegained the 2021-12 peak, 25 months after the low.
  7. JunPeer rankMoved into the top quartile of Process Industries on ROCE (from the 2nd quartile).
  8. MayPriceVolume reached 13.3x its 50-day median on 2024-05-23; price -0.7% that day.
  9. JanPriceVolume reached 8.6x its 50-day median on 2024-01-02; price +5.4% that day.
  10. NovPriceVolume reached 6.9x its 50-day median on 2023-11-22; price +3.0% that day.
  11. AugPriceVolume reached 26.5x its 50-day median on 2023-08-18; price +5.5% that day.
  12. JunResultsRevenue (TTM) reached a new high of ₹776 cr.
  13. JunPeer rankMoved into the 2nd quartile of Process Industries on EPS growth (from the 3rd quartile).
  14. MayPriceVolume reached 11.8x its 50-day median on 2023-05-24; price -2.7% that day.
  15. FebPriceVolume reached 7.3x its 50-day median on 2023-02-27; price -2.2% that day.
  16. NovPriceVolume reached 10.6x its 50-day median on 2022-11-14; price -5.5% that day.
  17. SepPriceVolume reached 7.9x its 50-day median on 2022-09-15; price +8.1% that day.
  18. JunResultsRevenue (TTM) reached a new high of ₹656 cr.
  19. JunPeer rankSlipped to the 3rd quartile of Process Industries on EPS growth (from the 2nd quartile).
  20. MayPriceFell 46% from the Dec 2021 peak to the May 2022 low.
  21. MarPriceVolume reached 6.0x its 50-day median on 2022-03-24; price +8.0% that day.
  22. DecValuationP/E crossed above the 90th percentile of its own history to date (27.3x).

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
MonthP/ERevenue (TTM)ROEROCEDebt / Equity
2026-1115.7x₹1019 cr18.3%24.0%0.0x
2026-1015.0x₹1019 cr18.3%24.0%0.0x
2026-0915.4x₹1019 cr18.3%24.0%0.0x
2026-0817.0x₹966 cr16.9%24.0%0.0x
2026-0717.0x₹966 cr16.9%24.0%0.0x
2026-0619.5x₹966 cr16.9%24.0%0.0x
2026-0518.9x₹944 cr18.3%22.0%0.0x
2026-0413.7x₹944 cr18.3%22.0%0.0x
2026-0312.4x₹944 cr18.3%22.0%0.0x
2026-0215.0x₹915 cr16.2%22.0%0.0x
2026-0114.5x₹915 cr16.2%22.0%0.0x
2025-1214.0x₹915 cr16.2%22.0%0.0x
2025-1114.2x₹883 cr16.1%22.0%0.0x
2025-1015.5x₹883 cr16.1%22.0%0.0x
2025-0914.4x₹883 cr16.1%22.0%0.0x
2025-0815.3x₹880 cr15.7%22.0%0.0x
2025-0716.1x₹880 cr15.7%22.0%0.0x
2025-0616.3x₹880 cr15.7%22.0%0.0x
2025-0518.3x₹850 cr16.1%19.0%0.0x
2025-0414.4x₹850 cr16.1%19.0%0.0x
2025-0314.8x₹850 cr16.1%19.0%0.0x
2025-0215.0x₹820 cr15.7%19.0%0.0x
2025-0117.7x₹820 cr15.7%19.0%0.0x
2024-1219.5x₹820 cr15.7%19.0%0.0x
2024-1120.3x₹815 cr14.8%19.0%0.0x
2024-1020.9x₹815 cr14.8%19.0%0.0x
2024-0920.7x₹815 cr14.8%19.0%0.0x
2024-0822.1x₹803 cr14.1%19.0%0.0x
2024-0723.2x₹803 cr14.1%19.0%0.0x
2024-0622.9x₹803 cr14.1%19.0%0.0x
2024-0522.3x₹776 cr13.8%17.0%0.0x
2024-0422.2x₹776 cr13.8%17.0%0.0x
2024-0319.2x₹776 cr13.8%17.0%0.0x
2024-0221.3x₹776 cr13.8%17.0%0.0x
2024-0124.0x₹776 cr13.8%17.0%0.0x
2023-1223.8x₹776 cr13.8%17.0%0.0x
2023-1122.8x₹776 cr13.8%17.0%0.0x
2023-1022.1x₹776 cr13.8%17.0%0.0x
2023-0921.8x₹776 cr13.8%17.0%0.0x
2023-0823.7x₹776 cr13.8%17.0%0.0x
2023-0721.9x₹776 cr13.8%17.0%0.0x
2023-0621.9x₹776 cr13.8%17.0%0.0x
2023-0522.6x₹656 cr13.3%18.0%0.0x
2023-0424.0x₹656 cr13.3%18.0%0.0x
2023-0319.8x₹656 cr13.3%18.0%0.0x
2023-0223.0x₹656 cr13.3%18.0%0.0x
2023-0119.7x₹656 cr13.3%18.0%0.0x
2022-1219.5x₹656 cr13.3%18.0%0.0x
2022-1121.5x₹656 cr13.3%18.0%0.0x
2022-1022.1x₹656 cr13.3%18.0%0.0x
2022-0923.1x₹656 cr13.3%18.0%0.0x
2022-0822.8x₹656 cr13.3%18.0%0.0x
2022-0719.5x₹656 cr13.3%18.0%0.0x
2022-0616.7x₹656 cr13.3%18.0%0.0x
2022-0518.9x₹513 cr14.4%19.0%0.1x
2022-0418.6x₹513 cr14.4%19.0%0.1x
2022-0317.8x₹513 cr14.4%19.0%0.1x
2022-0219.9x₹513 cr14.4%19.0%0.1x
2022-0124.9x₹513 cr14.4%19.0%0.1x
2021-1227.3x₹513 cr14.4%19.0%0.1x

Older months are in the live observatory.

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