MMTC LIMITED (MMTC): Financials & Fundamentals History

Share price

Closing priceAdjusted for splits and bonus issues.

3M1Y3YAll

₹53.99 latest close · −19.6% over the last 90 sessions

₹53.99 month-end · −10.8% over 12 months

₹53.99 month-end · +7.3% over 3 years

₹53.99 month-end · +101.8% since Jan '19

52-week range ₹49.41 to ₹78.35 · 1-year volatility 44.3%

Was the rally earned?

1 year3 years

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

Earnings helped, the multiple did not.

Per-share earnings added 144 points, but investors now pay less per rupee of profit (P/E 93.1x to 18.1x), which took 155 points back.
The share count barely moved.

Net profit growth+144 ptsNet profit rose about 357%, which lifts the price.

P/E change-155 ptsThe P/E fell from 93.1x to 18.1x, which lowers the price.

Share count change0 ptsShare count was little changed. More shares would count against the price.

+7%share price, 3 yearsMultiple-driven

Partly.

Most of the rise came from investors paying a higher multiple (P/E 4.8x to 18.1x); per-share earnings took off 130 points.
The share count barely moved.

Net profit growth-130 ptsNet profit fell about 71%, which lowers the price.

P/E change+137 ptsThe P/E rose from 4.8x to 18.1x, which lifts the price.

Share count change0 ptsShare count was little changed. More shares would count against 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.

Not shown for 5 years: earnings were negative at one end, or there is not enough history.

Net profit is trailing twelve months as reported with a 60-day lag.

Compare this with ADANI ENTERPRISES

How rough has the ride been?

Maximum drawdown-65.7%recovered 2021-01

1-year volatility44.3%annualised

Beta vs sector index0.523-year daily, correlation 0.36

Volume spikes4last 90 sessions, 5x the 50-day median

Drawdown from peak

Largest drawdowns

-65.7% (2019-01 peak to 2020-03 low, recovered 2021-01)

-60.0% (2024-07 peak to 2025-04 low, not yet recovered)

-56.8% (2021-06 peak to 2023-03 low, recovered 2023-09)

Most recent volume spikes

2026-10-14: 13.9x the 50-day median, price +3.1% that day

2026-10-13: 42.1x the 50-day median, price +3.9% that day

2026-09-04: 6.3x the 50-day median, price +3.0% 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?

18.1xP/E todayWithin its usual range

Against its own history25th percentile

CheapestMedian 29.6xDearest

Usual range 5.7x to 105.3x since 2019-01.

Against Distribution Services18.1x vs 16.7x

This company

18.1x

Sector median

16.7x

8% above the Distribution Services median.

P/EP/BP/S

P/E (this company)10th to 90th percentile of its own historyIts medianDistribution Services median

The chart loads when you open this tab.

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

The chart loads when you open this tab.

P/S (this company)10th to 90th percentile of its own historyIts medianDistribution Services 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 Distribution Services is valued

Where does it rank among Distribution Services peers?

Each cell is the company's percentile rank among its Distribution Services 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

ROCE47th▲ 6 pts vs a year ago
Op. margin2ndflat vs a year ago
Revenue growth29th
EPS growth100th▲ 82 pts vs a year ago
Debt/equity ↓93rdflat vs a year ago
Cash cycle ↓4thflat vs a year ago
P/E ↓41st▲ 34 pts vs a year ago
12M momentum56th▲ 5 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 Distribution Services sector page Watch it move against Distribution Services in the Observatory

What is the price implying?

~16%annual earnings growth implied by the priceBelow delivered growth

At normalised P/E (five-year average earnings) of 20.6x, a holder earning 12%/yr needs earnings to grow about 15.6%/yr for 10 years, then trade at 15x.

Delivered28.4%/yrEPS, last 10 fiscal years · 3-yr avg to 3-yr avg

Gap−12.9 ptsimplied minus delivered

Rank731stmost demanding of 856

Over time

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

Change the assumptions

Exit P/E / return	11%	12%	13%
12x	17.1%	18.2%	19.2%
15x	14.6%	15.6%	16.6%
20x	11.3%	12.3%	13.3%

Drag a slider to test other assumptions

Required return 12.0% Years 10 Exit P/E 15x Implied: 15.6%/yr

Looking back

Jan 2020Price implied 19%/yr; EPS has since grown 20%/yr (7.0 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 Distribution Services The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov: ₹53.99
P/E: 18.1x
ROCE: 9.0%
Market Cap: ₹8105 cr
Revenue (TTM): ₹3 cr
P/S: 2701.6x
P/B: 3.8x
ROE: 21.1%
Operating Margin: -2969.0%
Debt / Equity: 0.0x
Promoter Holding: 89.9%
12M Momentum: -10.8%

52-week range

₹49.41₹78.35

16% of the way from its 52-week low to its high

Price risk

1Y volatility

44.3%

Beta vs sector

1-year daily

0.57

Balance sheet & cash

Debt service

no meaningful debt

Cash from profit, 3Y

operating cash flow ÷ net profit

-1.99x

low

Share count, 1Y

unchanged

Are profits backed by cash?

3 of 6checks within range3 beyond a threshold

Other income reliance126%Beyond threshold

Other income as a share of pre-tax profit (trailing twelve months): 125.5%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate20%Within range

Median quarterly effective tax rate over about 2.5 years: 20.0%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion-1.99xBeyond threshold

Operating cash flow divided by net profit over the last three fiscal years: -1.99x (cash from operations ₹-1,325 cr, net profit ₹666 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-33016 daysWithin range

Debtor days are below the median of the previous three fiscal years by 33016 days (4120 vs 37136). 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—Not enough data

Not enough reported data to compute this.

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 2 years, DIIs trimmed 0.7 pts.
The number of shareholders rose from 3.0 lakh to 3.6 lakh (+18%) between Dec 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupDec '23Jun '26Change

Promoters89.9%89.9%0.0 pts

FIIs0.0%0.2%+0.2 pts

DIIs2.4%1.8%-0.7 pts

Public and others7.6%8.2%+0.5 pts

Number of shareholders

3.6 lakhshareholders+18% since Dec '23

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

−2.9%typical 12-month return vs the marketBelow the base rate

We found 50 past situations where a non-financial company looked like MMTC 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 −23% to +26% vs the market, against +1% for all non-financial companies in the same months.
The analogs' median sat below that base rate (gap −3.9%, 80% range −8.9% to −0.1%), but the matches cluster in only 6 distinct 12-month windows.

Where the 50 outcomes landed

Each dot is one past situation (hover or tap for details) · Solid dots are the closest matches, listed below · Shaded is the middle half of all companies in the same months · 3 beyond the range shown, drawn at the edge

Similar setups' median

−2.9%

All companies' median

+1.0%

Beat the market

44% vs 51%

50 past situations · 50 companies · 32 months · 2020–2025

The closest matches

Company	When	P/E	ROCE	12M mom.	Drawdown	Next 12 months
BAJAJHLDNG Finance	Mar 2020	7x	12%	−47%	−54%	+2%
UNIENTER Producer Manufacturing	May 2023	18x	2%	+18%	−15%	−30%
ALEMBICLTD Health Technology	May 2021	10x	7%	+151%	−5%	−50%
NAUKRI Technology Services	Jun 2021	45x	4%	+78%	−11%	−24%
TEXINFRA Utilities	Feb 2020	18x	2%	−29%	−34%	+33%

Show the other 3 matches

Company	When	P/E	ROCE	12M mom.	Drawdown	Next 12 months
JSWHL Finance	Oct 2021	66x	1%	+86%	−24%	−9%
TATAINVEST Finance	Aug 2023	49x	1%	+53%	−12%	+103%
KICL Finance	Apr 2020	8x	1%	−40%	−44%	−7%

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: 12-month momentum, drawdown from 12-month high and debt/equity. 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 MMTC 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

Feature	Weight	Non-financial	Financial
P/E	1	yes	yes
P/S	1	yes	—
P/B	1	—	yes
ROCE	1	yes	—
operating margin	1	yes	—
ROE	1	—	yes
debt/equity	0.75	yes	—
interest cover	0.5	yes	—
revenue growth	0.75	yes	yes
12-month momentum	1	yes	yes
drawdown from 12-month high	0.75	yes	yes
size	0.75	yes	yes
volatility	0.5	yes	yes

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.

SUVEN LIFE SCIENCESSUVEN

Health Technology

46%similar

operating marginmarket cap

DEN NETWORKSDEN

Consumer Services

43%similar

debt/equityEPS growth

PRECISION CAMSHAFTSPRECAM

Producer Manufacturing

43%similar

revenue growthvolatility

BUTTERFLY GANDHIMATHI APPLIANCBUTTERFLY

Consumer Durables

42%similar

promoter holdingP/E

TCI EXPRESSTCIEXP

Transportation

40%similar

EPS growthvolatility

HARDWYN INDIAHARDWYN

Distribution Services

0%similar

revenuedebt/equity

INDIA MOTOR PARTS & ACCESSORIEIMPAL

Distribution Services

0%similar

debt/equityP/E

THEJO ENGINEERINGTHEJO

Distribution Services

0%similar

revenuemarket cap

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

What changed?

30 events since Apr '23

2026
OctPriceVolume reached 42.1x its 50-day median on 2026-10-13; price +3.9% that day.
AugPriceVolume reached 26.3x its 50-day median on 2026-08-20; price +6.6% that day.
JunPeer rankMoved into the top quartile of Distribution Services on EPS growth (from the 2nd quartile).
AprPriceVolume reached 48.6x its 50-day median on 2026-04-17; price +10.4% that day.
MarPeer rankMoved into the 2nd quartile of Distribution Services on EPS growth (from the 3rd quartile).
JanPriceVolume reached 93.3x its 50-day median on 2026-01-14; price +12.6% that day.
2025
DecResultsYear-on-year EPS growth turned positive.
DecPeer rankMoved into the 3rd quartile of Distribution Services on EPS growth (from the bottom quartile).

Show 22 earlier events

2025
DecPriceVolume reached 104.0x its 50-day median on 2025-12-29; price +10.0% that day.
SepPriceVolume reached 38.3x its 50-day median on 2025-09-22; price +5.3% that day.
JunValuationP/E crossed above the 90th percentile of its own history to date (127.7x).
JunPeer rankSlipped to the 3rd quartile of Distribution Services on ROCE (from the 2nd quartile).
MayPriceVolume reached 97.4x its 50-day median on 2025-05-29; price +16.8% that day.
AprPriceFell 60% from the Jul 2024 peak to the Apr 2025 low.
JanPriceVolume reached 28.3x its 50-day median on 2025-01-08; price +7.4% that day.
2024
NovPriceVolume reached 10.1x its 50-day median on 2024-11-12; price +1.8% that day.
JulPriceRegained the 2024-02 peak, 4 months after the low.
JulPriceVolume reached 41.8x its 50-day median on 2024-07-25; price +17.8% that day.
JunResultsYear-on-year EPS growth turned negative.
JunPeer rankSlipped to the 2nd quartile of Distribution Services on ROCE (from the top quartile).
JunPriceVolume reached 17.0x its 50-day median on 2024-06-18; price +9.9% that day.
MarPriceFell 36% from the Feb 2024 peak to the Mar 2024 low.
FebPriceRegained the 2023-10 peak, 3 months after the low.
JanPriceVolume reached 8.3x its 50-day median on 2024-01-04; price +8.6% that day.
2023
NovPriceFell 42% from the Oct 2023 peak to the Nov 2023 low.
OctPriceVolume reached 22.0x its 50-day median on 2023-10-16; price +11.5% that day.
SepPriceRegained the 2021-06 peak, 6 months after the low.
SepPriceVolume reached 35.1x its 50-day median on 2023-09-05; price +20.0% that day.
JunResultsEPS (TTM) turned positive.
AprPriceVolume reached 36.3x its 50-day median on 2023-04-26; price +9.0% 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

Month	P/E	Revenue (TTM)	ROE	ROCE	Debt / Equity
2026-11	18.1x	₹3 cr	21.1%	9.0%	0.0x
2026-10	16.9x	₹3 cr	21.1%	9.0%	0.0x
2026-09	19.1x	₹3 cr	21.1%	9.0%	0.0x
2026-08	24.1x	₹3 cr	18.2%	9.0%	0.0x
2026-07	24.2x	₹3 cr	18.2%	9.0%	0.0x
2026-06	26.3x	₹3 cr	18.2%	9.0%	0.0x
2026-05	36.9x	₹2 cr	15.5%	8.0%	0.0x
2026-04	36.8x	₹2 cr	15.5%	8.0%	0.0x
2026-03	29.6x	₹2 cr	15.5%	8.0%	0.0x
2026-02	42.1x	₹2 cr	13.0%	8.0%	0.0x
2026-01	44.3x	₹2 cr	13.0%	8.0%	0.0x
2025-12	45.7x	₹2 cr	13.0%	8.0%	0.0x
2025-11	93.1x	₹3 cr	5.8%	8.0%	0.0x
2025-10	105.7x	₹3 cr	5.8%	8.0%	0.0x
2025-09	99.6x	₹3 cr	5.8%	8.0%	0.0x
2025-08	106.6x	₹3 cr	5.1%	8.0%	0.0x
2025-07	113.4x	₹3 cr	5.1%	8.0%	0.0x
2025-06	127.7x	₹3 cr	5.1%	8.0%	0.0x
2025-05	83.3x	₹4 cr	9.5%	9.0%	0.1x
2025-04	54.6x	₹4 cr	9.5%	9.0%	0.1x
2025-03	50.7x	₹4 cr	9.5%	9.0%	0.1x
2025-02	35.7x	₹5 cr	12.7%	9.0%	0.1x
2025-01	50.3x	₹5 cr	12.7%	9.0%	0.1x
2024-12	52.6x	₹5 cr	12.7%	9.0%	0.1x
2024-11	55.8x	₹-207 cr	13.0%	9.0%	0.1x
2024-10	55.9x	₹-207 cr	13.0%	9.0%	0.1x
2024-09	63.5x	₹-207 cr	13.0%	9.0%	0.1x
2024-08	78.2x	₹6 cr	11.9%	9.0%	0.1x
2024-07	86.2x	₹6 cr	11.9%	9.0%	0.1x
2024-06	61.2x	₹6 cr	11.9%	9.0%	0.1x
2024-05	6.7x	₹3527 cr	110.6%	23.0%	0.1x
2024-04	7.1x	₹3527 cr	110.6%	23.0%	0.1x
2024-03	6.4x	₹3527 cr	110.6%	23.0%	0.1x
2024-02	7.4x	₹3527 cr	110.6%	23.0%	0.1x
2024-01	7.8x	₹3527 cr	110.6%	23.0%	0.1x
2023-12	5.7x	₹3527 cr	110.6%	23.0%	0.1x
2023-11	4.8x	₹3527 cr	110.6%	23.0%	0.1x
2023-10	5.3x	₹3527 cr	110.6%	23.0%	0.1x
2023-09	5.6x	₹3527 cr	110.6%	23.0%	0.1x
2023-08	4.0x	₹3527 cr	110.6%	23.0%	0.1x
2023-07	3.7x	₹3527 cr	110.6%	23.0%	0.1x
2023-06	3.0x	₹3527 cr	110.6%	23.0%	0.1x
2023-05	—	₹11795 cr	—	19.0%	—
2023-04	—	₹11795 cr	—	19.0%	—
2023-03	—	₹11795 cr	—	19.0%	—
2023-02	—	₹11795 cr	—	19.0%	—
2023-01	—	₹11795 cr	—	19.0%	—
2022-12	—	₹11795 cr	—	19.0%	—
2022-11	—	₹11795 cr	—	19.0%	—
2022-10	—	₹11795 cr	—	19.0%	—
2022-09	—	₹11795 cr	—	19.0%	—
2022-08	—	₹11795 cr	—	19.0%	—
2022-07	—	₹11795 cr	—	19.0%	—
2022-06	—	₹11795 cr	—	19.0%	—
2022-05	—	₹30000 cr	-789.0%	-1.0%	24.2x
2022-04	—	₹30000 cr	-789.0%	-1.0%	24.2x
2022-03	—	₹30000 cr	-789.0%	-1.0%	24.2x
2022-02	—	₹30000 cr	-789.0%	-1.0%	24.2x
2022-01	—	₹30000 cr	-789.0%	-1.0%	24.2x
2021-12	—	₹30000 cr	-789.0%	-1.0%	24.2x
2021-11	—	₹30000 cr	-789.0%	-1.0%	24.2x
2021-10	—	₹30000 cr	-789.0%	-1.0%	24.2x
2021-09	—	₹30000 cr	-789.0%	-1.0%	24.2x
2021-08	—	₹30000 cr	-789.0%	-1.0%	24.2x
2021-07	—	₹30000 cr	-789.0%	-1.0%	24.2x
2021-06	—	₹30000 cr	-789.0%	-1.0%	24.2x
2021-05	—	₹26304 cr	-33.1%	-3.0%	4.4x
2021-04	—	₹26304 cr	-33.1%	-3.0%	4.4x
2021-03	—	₹26304 cr	-33.1%	-3.0%	4.4x
2021-02	—	₹26304 cr	-33.1%	-3.0%	4.4x
2021-01	—	₹26304 cr	-33.1%	-3.0%	4.4x
2020-12	—	₹26304 cr	-33.1%	-3.0%	4.4x
2020-11	—	₹26304 cr	-33.1%	-3.0%	4.4x
2020-10	—	₹26304 cr	-33.1%	-3.0%	4.4x
2020-09	—	₹26304 cr	-33.1%	-3.0%	4.4x
2020-08	—	₹26304 cr	-33.1%	-3.0%	4.4x
2020-07	—	₹26304 cr	-33.1%	-3.0%	4.4x
2020-06	—	₹26304 cr	-33.1%	-3.0%	4.4x
2020-05	21.0x	₹29439 cr	8.6%	11.0%	0.8x
2020-04	20.4x	₹29439 cr	8.6%	11.0%	0.8x
2020-03	17.1x	₹29439 cr	8.6%	11.0%	0.8x
2020-02	23.7x	₹29439 cr	8.6%	11.0%	0.8x
2020-01	28.2x	₹29439 cr	8.6%	11.0%	0.8x
2019-12	26.0x	₹29439 cr	8.6%	11.0%	0.8x
2019-11	25.0x	₹29439 cr	8.6%	11.0%	0.8x
2019-10	26.6x	₹29439 cr	8.6%	11.0%	0.8x
2019-09	23.1x	₹29439 cr	8.6%	11.0%	0.8x
2019-08	27.9x	₹29439 cr	8.6%	11.0%	0.8x
2019-07	27.7x	₹29439 cr	8.6%	11.0%	0.8x
2019-06	34.5x	₹29439 cr	8.6%	11.0%	0.8x
2019-05	105.0x	₹16450 cr	3.2%	4.0%	0.4x
2019-04	105.2x	₹16450 cr	3.2%	4.0%	0.4x
2019-03	112.0x	₹16450 cr	3.2%	4.0%	0.4x
2019-02	101.0x	₹16450 cr	3.2%	4.0%	0.4x
2019-01	107.0x	₹16450 cr	3.2%	4.0%	0.4x

Methodology and data notes