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MSTC LIMITED (MSTCLTD)

Retail Trade · Internet Retail · 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.65 / 100
Profitability 96Growth 15Balance sheet 82
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.54 / 100
Price 73Earnings 54FII/DII 34

Passes these screensQuality CompounderDebt-light & profitable

Compare withMEESHOFSN ECOMMERCE VENTURES NYKAAVEDANT FASHIONS

Share price

Closing priceAdjusted for splits and bonus issues.

₹603.55 latest close · −15.7% over the last 90 sessions

₹600₹700₹800Jul 3Jul 29Aug 24Sep 17Oct 14Nov 9 ₹600₹700₹800Jul 3Sep 4Nov 9

₹603.55 month-end · +22.5% over 12 months

₹400₹600Nov '25Jan '26Apr '26Jun '26Sep '26Nov '26 ₹400₹600Nov '25May '26Nov '26

₹603.55 month-end · +42.0% over 3 years

₹500₹750₹1,000Nov '23Jun '24Jan '25Sep '25Apr '26Nov '26 ₹500₹750₹1,000Nov '23May '25Nov '26

₹603.55 month-end · +429.7% since Mar '19

₹0₹500₹1,000Mar '19Sep '20Apr '22Oct '23May '25Nov '26 ₹0₹500₹1,000Mar '19Jan '23Nov '26

52-week range ₹362.15 to ₹805.00 · 1-year volatility 47.7%

Was the rally earned?

+23%share price, 1 yearMultiple-driven

Partly.

  • Most of the rise came from investors paying a higher multiple (P/E 8.5x to 18.1x); per-share earnings took off 62 points.
  • The share count barely moved.
Net profit growth: −62 pts. Points of the price return explained by net profit growing (or shrinking).−62 ptsNet profit growthP/E change: +85 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+85 ptsP/E changeShare price: +23%+23%Share priceNet profit growth: −62 pts. Points of the price return explained by net profit growing (or shrinking).−62ProfitP/E change: +85 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+85P/EShare price: +23%+23%Share price
Net profit growth-62 ptsNet profit fell about 43%, which lowers the price.
P/E change+85 ptsThe P/E rose from 8.5x to 18.1x, which lifts the price.
Share count change0 ptsShare count was little changed. More shares would count against the price.
+42%share price, 3 yearsMultiple-driven

Partly.

  • Most of the rise came from investors paying a higher multiple (P/E 12.4x to 18.1x); per-share earnings took off 4 points.
  • The share count barely moved.
Net profit growth: −4 pts. Points of the price return explained by net profit growing (or shrinking).−4 ptsNet profit growthP/E change: +46 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+46 ptsP/E changeShare count change: 0 pts. Points of the price return explained by the share count changing. More shares count against the price.0 ptsShare count changeShare price: +42%+42%Share priceNet profit growth: −4 pts. Points of the price return explained by net profit growing (or shrinking).−4ProfitP/E change: +46 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+46P/EShare count change: 0 pts. Points of the price return explained by the share count changing. More shares count against the price.0SharesShare price: +42%+42%Share price
Net profit growth-4 ptsNet profit fell about 3%, which lowers the price.
P/E change+46 ptsThe P/E rose from 12.4x to 18.1x, which lifts the price.
Share count change0 ptsShare count was little changed. More shares would count against the price.
+80%share price, 5 yearsLower P/E held it back

Mostly yes, with a catch.

  • Per-share earnings added 99 points, but investors now pay less per rupee of profit (P/E 20.9x to 18.1x), which took 19 points back.
  • The share count barely moved.
Net profit growth: +99 pts. Points of the price return explained by net profit growing (or shrinking).+99 ptsNet profit growthP/E change: −19 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−19 ptsP/E changeShare count change: 0 pts. Points of the price return explained by the share count changing. More shares count against the price.0 ptsShare count changeShare price: +80%+80%Share priceNet profit growth: +99 pts. Points of the price return explained by net profit growing (or shrinking).+99ProfitP/E change: −19 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−19P/EShare count change: 0 pts. Points of the price return explained by the share count changing. More shares count against the price.0SharesShare price: +80%+80%Share price
Net profit growth+99 ptsNet profit rose about 107%, which lifts the price.
P/E change-19 ptsThe P/E fell from 20.9x to 18.1x, which lowers 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.

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

Compare this with MEESHO

How rough has the ride been?

Maximum drawdown-67.0%not yet recovered
1-year volatility47.7%annualised
Beta vs sector index0.843-year daily, correlation 0.32
Volume spikes1last 90 sessions, 5x the 50-day median

Drawdown from peak

0%−20%−40%−60%2020202120222023202420252026−65.6% 0%−20%−40%−60%2020202220242026−65.6%
Largest drawdowns

-67.0% (2024-01 peak to 2026-03 low, not yet recovered)

-64.7% (2020-02 peak to 2020-03 low, recovered 2021-01)

-55.4% (2021-10 peak to 2022-07 low, recovered 2023-12)

Most recent volume spikes

2026-07-06: 6.8x the 50-day median, price +1.6% 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?

18.1xP/E todayWithin its usual range
Against its own history63rd percentile
CheapestMedian 12.9xDearest

Usual range 8.8x to 25.9x since 2019-03.

Against Retail Trade18.1x vs 22.4x
This company
18.1x
Sector median
22.4x

19% below the Retail Trade median.

7.7x26.8x45.9x65.0xMar '19Oct '20May '22Dec '23Jul '25Nov '267.7x26.8x45.9x65.0xMar '19Oct '21May '24Nov '26
P/E (this company)10th to 90th percentile of its own historyIts medianRetail Trade median

The chart loads when you open this tab.

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

The chart loads when you open this tab.

P/S (this company)10th to 90th percentile of its own historyIts medianRetail Trade 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 Retail Trade is valued

Where does it rank among Retail Trade peers?

Each cell is the company's percentile rank among its Retail Trade 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

  • ROCE92ndflat vs a year ago
  • Op. margin100thflat vs a year ago
  • Revenue growth65th▲ 61 pts vs a year ago
  • EPS growth12th▼ 80 pts vs a year ago
  • Debt/equity ↓69th▼ 4 pts vs a year ago
  • Cash cycle ↓22nd▲ 12 pts vs a year ago
  • P/E ↓66th▼ 32 pts vs a year ago
  • 12M momentum85th▲ 43 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 Retail Trade sector page Watch it move against Retail Trade in the Observatory

What is the price implying?

~10%annual earnings growth implied by the price

At a P/E of 17.2x, the price would imply about 10.1%/yr earnings growth for 10 years under the same assumptions, but it is not ranked.

Fewer than six years of annual earnings are available, which is too little to measure delivered growth.

“Implied growth” is what the current price would require under our stated assumptions, not what we expect.

What prices imply across Retail Trade The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov
₹603.55
P/E
18.1x
ROCE
30.0%
Market Cap
₹4247 cr
Revenue (TTM)
₹386 cr
P/S
11.0x
P/B
4.7x
ROE
25.9%
Operating Margin
61.0%
Debt / Equity
0.2x
Promoter Holding
64.8%
12M Momentum
22.6%

52-week range

₹362.15₹805.00
55% of the way from its 52-week low to its high

Price risk

1Y volatility
47.7%
Beta vs sector
1-year daily
1.10

Balance sheet & cash

Debt service
no meaningful debt
Cash from profit, 3Y
operating cash flow ÷ net profit
-0.06x
low
Share count, 1Y
unchanged

Are profits backed by cash?

3 of 6checks within range1 beyond a threshold
Other income reliance29%Near threshold

Other income as a share of pre-tax profit (trailing twelve months): 29.0%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate26%Within range

Median quarterly effective tax rate over about 2.5 years: 26.0%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion-0.06xBeyond threshold

Operating cash flow divided by net profit over the last three fiscal years: -0.06x (cash from operations ₹-51 cr, net profit ₹790 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-139 daysWithin range

Debtor days are below the median of the previous three fiscal years by 139 days (224 vs 363). 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, FIIs added 1.6 pts.
  • The number of shareholders rose from 56,753 to 87,424 (+54%) between Dec 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupDec '23Jun '26Change
Promoters64.8%64.8%0.0 pts
FIIs3.3%4.9%+1.6 pts
DIIs1.4%1.3%-0.1 pts
Public and others30.6%29.1%-1.5 pts

Number of shareholders

87,424shareholders+54% since Dec '23
57k69k81k93k Dec '23Jun '24Dec '24Jun '25Dec '25Jun '26
Dec '23: 56,753
Mar '24: 69,534
Jun '24: 68,971
Sep '24: 76,702
Dec '24: 77,267
Mar '25: 83,047
Jun '25: 84,422
Sep '25: 85,904
Dec '25: 92,047
Mar '26: 92,581
Jun '26: 87,424
 57k69k81k93k Dec '23Dec '24Dec '25Jun '26
Dec '23: 56,753
Mar '24: 69,534
Jun '24: 68,971
Sep '24: 76,702
Dec '24: 77,267
Mar '25: 83,047
Jun '25: 84,422
Sep '25: 85,904
Dec '25: 92,047
Mar '26: 92,581
Jun '26: 87,424

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

−14.7%typical 12-month return vs the marketBelow the base rate
  • We found 50 past situations where a non-financial company looked like MSTC 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 −37% to +15% vs the market, against −5% for all non-financial companies in the same months.
  • The analogs' median sat below that base rate (gap −10.2%, 80% range −21.8% to −6.1%), but the matches cluster in only 6 distinct 12-month windows.

Where the 50 outcomes landed

−100%−50%0%+50%+100%
GANESHHOU · Mar 2025: −50.9% vs market
SIGACHI · Jan 2024: −45.3% vs market
OAL · Sep 2021: −44.0% vs market
IIFLCAPS · Jul 2021: −43.8% vs market
INTELLECT · Dec 2021: −42.0% vs market
MIDHANI · Sep 2020: −41.5% vs market
PIXTRANS · Jan 2025: −41.5% vs market
MARKSANS · May 2021: −41.4% vs market
CONCORDBIO · May 2025: −41.2% vs market
GODFRYPHLP · Jun 2020: −41.0% vs market
RHIM · Feb 2023: −40.4% vs market
TARSONS · Dec 2022: −40.2% vs market
BLS · May 2025: −37.2% vs market
INNOVANA · Oct 2025: −35.8% vs market
NUCLEUS · Dec 2020: −34.3% vs market
INFOBEAN · Aug 2022: −33.3% vs market
JUSTDIAL · Mar 2021: −33.3% vs market
GREENPANEL · Jul 2022: −33.3% vs market
KKCL · Jul 2023: −30.4% vs market
ANGELONE · Mar 2024: −26.7% vs market
TAJGVK · Oct 2025: −23.9% vs market
GPPL · Sep 2024: −20.0% vs market
RAINBOW · Aug 2023: −18.8% vs market
ACCELYA · Apr 2023: −18.7% vs market
ROLEXRINGS · May 2023: −15.4% vs market
ECLERX · Mar 2022: −14.0% vs market
ELECON · Feb 2024: −13.8% vs market
NEWGEN · Jul 2024: −12.4% vs market
IONEXCHANG · Nov 2023: −12.1% vs market
EIHOTEL · Jul 2024: −9.5% vs market
CAMS · Jan 2025: −9.1% vs market
ROTO · Nov 2023: +0.8% vs market
MONARCH · Jul 2025: +2.6% vs market
CARERATING · Aug 2025: +2.7% vs market
SBCL · Jan 2023: +10.4% vs market
SUPRIYA · Aug 2025: +13.5% vs market
KPRMILL · Aug 2022: +14.5% vs market
AURIONPRO · May 2024: +15.5% vs market
CAPLIPOINT · Jul 2025: +15.6% vs market
BETA · Jan 2024: +18.5% vs market
ADVENZYMES · Aug 2020: +20.3% vs market
FCL · Apr 2022: +25.4% vs market
THEJO · May 2023: +33.3% vs market
TEGA · Nov 2023: +35.2% vs market
EMUDHRA · Oct 2023: +42.9% vs market
RSYSTEMS · Jun 2022: +56.0% vs market
SEAMECLTD · Sep 2020: +65.9% vs market
NEULANDLAB · May 2024: +81.1% vs market
VIDHIING · Jun 2021: +86.4% vs market
KFINTECH · Jun 2024: +88.5% vs market
Similar setups −14.7%All companies −4.5%← 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
−14.7%
All companies' median
−4.5%
Beat the market
38% vs 45%

50 past situations · 50 companies · 37 months · 2020–2025

The closest matches

CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
CAPLIPOINT
Health Technology		 Jul 2025 29x26% +31%−21% +16%
ADVENZYMES
Consumer Non-Durables		 Aug 2020 17x22% +35%−17% +20%
MONARCH
Finance		 Jul 2025 18x33% +7%−25% +3%
MIDHANI
Non-Energy Minerals		 Sep 2020 23x20% +55%−22% −42%
ACCELYA
Technology Services		 Apr 2023 25x38% +45%−18% −19%
Show the other 3 matches
CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
INFOBEAN
Technology Services		 Aug 2022 29x27% +71%−19% −33%
JUSTDIAL
Technology Services		 Mar 2021 21x22% +194%−13% −33%
GPPL
Transportation		 Sep 2024 25x23% +77%−8% −20%
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 revenue growth. 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 MSTC 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.

UNIPARTS INDIAUNIPARTS
Producer Manufacturing
65%similar
P/Edebt/equity
NAVKAR CORPORATIONNAVKARCORP
Transportation
60%similar
revenueEPS growth
STOVE KRAFTSTOVEKRAFT
Consumer Durables
59%similar
debt/equityROCE
EURO PRATIK SALESEUROPRATIK
Producer Manufacturing
58%similar
revenueROCE
GO FASHION INDIA GO COLORSGOCOLORS
Consumer Non-Durables
58%similar
EPS growthrevenue
SAI SILKS KALAMANDIRKALAMANDIR
Retail Trade
47%similar
EPS growthP/E
VEDANT FASHIONSMANYAVAR
Retail Trade
37%similar
EPS growthoperating margin
MOTISONS JEWELLERSMOTISONS
Retail Trade
34%similar
revenueP/E

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. JulPriceVolume reached 6.8x its 50-day median on 2026-07-06; price +1.6% that day.
  2. JunPriceVolume reached 77.0x its 50-day median on 2026-06-16; price +12.6% that day.
  3. MarResultsYear-on-year EPS growth turned negative.
  4. MarPriceFell 67% from the Jan 2024 peak to the Mar 2026 low.
  5. MarPeer rankSlipped to the bottom quartile of Retail Trade on EPS growth (from the top quartile).
  6. NovValuationP/E fell below the 10th percentile of its own history to date (8.5x).
  7. OctPriceVolume reached 8.9x its 50-day median on 2025-10-06; price +2.0% that day.
  8. AugPriceVolume reached 13.3x its 50-day median on 2025-08-28; price +5.3% that day.
Show 22 earlier events
  1. JulValuationP/E fell below the 10th percentile of its own history to date (8.3x).
  2. JunPeer rankMoved into the top quartile of Retail Trade on EPS growth (from the 2nd quartile).
  3. JunPriceVolume reached 8.1x its 50-day median on 2025-06-27; price +6.6% that day.
  4. MarResultsYear-on-year EPS growth turned positive.
  5. MarValuationP/E fell below the 10th percentile of its own history to date (9.4x).
  6. MarPeer rankMoved into the 2nd quartile of Retail Trade on EPS growth (from the bottom quartile).
  7. FebPriceVolume reached 7.5x its 50-day median on 2025-02-11; price +4.1% that day.
  8. NovValuationP/E crossed above the 90th percentile of its own history to date (26.2x).
  9. OctPriceVolume reached 9.1x its 50-day median on 2024-10-09; price +12.3% that day.
  10. SepInstitutionsFII + DII holding rose 3.0 pts over 2 quarters to 7.7%.
  11. SepPeer rankMoved into the top quartile of Retail Trade on operating margin (from the bottom quartile).
  12. AugPeer rankSlipped to the bottom quartile of Retail Trade on EPS growth (from the 2nd quartile).
  13. JulPriceVolume reached 15.4x its 50-day median on 2024-07-25; price +4.5% that day.
  14. JunResultsYear-on-year EPS growth turned negative.
  15. JanValuationP/E crossed above the 90th percentile of its own history to date (30.9x).
  16. JanPriceVolume reached 16.5x its 50-day median on 2024-01-11; price +13.3% that day.
  17. DecPriceRegained the 2021-10 peak, 17 months after the low.
  18. DecPriceVolume reached 22.9x its 50-day median on 2023-12-26; price +13.3% that day.
  19. JulPriceVolume reached 14.4x its 50-day median on 2023-07-18; price +7.2% that day.
  20. JunPriceVolume reached 7.2x its 50-day median on 2023-06-16; price +6.3% that day.
  21. MarValuationP/E fell below the 10th percentile of its own history to date (8.9x).
  22. NovPriceVolume reached 26.8x its 50-day median on 2022-11-28; price +20.0% 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 history93 months · 2019-03 to 2026-11
MonthP/ERevenue (TTM)ROEROCEDebt / Equity
2026-1118.1x₹386 cr25.9%30.0%0.2x
2026-1016.1x₹386 cr25.9%30.0%0.2x
2026-0921.5x₹386 cr25.9%30.0%0.2x
2026-0824.2x₹369 cr24.1%30.0%0.2x
2026-0719.9x₹369 cr24.1%30.0%0.2x
2026-0622.9x₹369 cr24.1%30.0%0.2x
2026-0514.3x₹339 cr29.4%29.0%0.2x
2026-0414.1x₹339 cr29.4%29.0%0.2x
2026-0311.9x₹339 cr29.4%29.0%0.2x
2026-027.7x₹332 cr56.5%29.0%0.2x
2026-017.8x₹332 cr56.5%29.0%0.2x
2025-128.8x₹332 cr56.5%29.0%0.2x
2025-118.5x₹319 cr55.6%29.0%0.2x
2025-109.3x₹319 cr55.6%29.0%0.2x
2025-098.2x₹319 cr55.6%29.0%0.2x
2025-087.8x₹311 cr55.1%29.0%0.2x
2025-078.3x₹311 cr55.1%29.0%0.2x
2025-069.5x₹311 cr55.1%29.0%0.2x
2025-0510.3x₹421 cr58.6%32.0%0.2x
2025-049.5x₹421 cr58.6%32.0%0.2x
2025-039.4x₹421 cr58.6%32.0%0.2x
2025-0217.0x₹525 cr27.5%32.0%0.2x
2025-0124.1x₹525 cr27.5%32.0%0.2x
2024-1226.7x₹525 cr27.5%32.0%0.2x
2024-1126.2x₹534 cr29.7%32.0%0.2x
2024-1024.2x₹534 cr29.7%32.0%0.2x
2024-0924.4x₹534 cr29.7%32.0%0.2x
2024-0828.2x₹644 cr31.5%32.0%0.2x
2024-0732.2x₹644 cr31.5%32.0%0.2x
2024-0629.5x₹644 cr31.5%32.0%0.2x
2024-0525.9x₹721 cr30.8%38.0%0.2x
2024-0426.2x₹721 cr30.8%38.0%0.2x
2024-0324.2x₹721 cr30.8%38.0%0.2x
2024-0226.5x₹721 cr30.8%38.0%0.2x
2024-0130.9x₹721 cr30.8%38.0%0.2x
2023-1219.5x₹721 cr30.8%38.0%0.2x
2023-1112.4x₹721 cr30.8%38.0%0.2x
2023-1012.9x₹721 cr30.8%38.0%0.2x
2023-0912.5x₹721 cr30.8%38.0%0.2x
2023-0811.4x₹721 cr30.8%38.0%0.2x
2023-0712.8x₹721 cr30.8%38.0%0.2x
2023-0610.1x₹721 cr30.8%38.0%0.2x
2023-0510.9x₹876 cr30.4%31.0%0.2x
2023-0410.7x₹876 cr30.4%31.0%0.2x
2023-038.9x₹876 cr30.4%31.0%0.2x
2023-029.6x₹876 cr30.4%31.0%0.2x
2023-0110.5x₹876 cr30.4%31.0%0.2x
2022-1210.4x₹876 cr30.4%31.0%0.2x
2022-1112.0x₹876 cr30.4%31.0%0.2x
2022-109.5x₹876 cr30.4%31.0%0.2x
2022-099.0x₹876 cr30.4%31.0%0.2x
2022-089.7x₹876 cr30.4%31.0%0.2x
2022-078.8x₹876 cr30.4%31.0%0.2x
2022-068.5x₹876 cr30.4%31.0%0.2x
2022-0518.1x₹780 cr20.3%20.0%0.3x
2022-0421.1x₹780 cr20.3%20.0%0.3x
2022-0319.1x₹780 cr20.3%20.0%0.3x
2022-0219.1x₹780 cr20.3%20.0%0.3x
2022-0122.1x₹780 cr20.3%20.0%0.3x
2021-1220.5x₹780 cr20.3%20.0%0.3x
2021-1120.9x₹780 cr20.3%20.0%0.3x
2021-1024.3x₹780 cr20.3%20.0%0.3x
2021-0919.3x₹780 cr20.3%20.0%0.3x
2021-0816.4x₹780 cr20.3%20.0%0.3x
2021-0717.7x₹780 cr20.3%20.0%0.3x
2021-0617.8x₹780 cr20.3%20.0%0.3x
2021-0519.3x₹1231 cr20.5%23.0%0.5x
2021-0418.4x₹1231 cr20.5%23.0%0.5x
2021-0321.7x₹1231 cr20.5%23.0%0.5x
2021-0219.9x₹1231 cr20.5%23.0%0.5x
2021-0114.7x₹1231 cr20.5%23.0%0.5x
2020-1211.9x₹1231 cr20.5%23.0%0.5x
2020-1111.5x₹1231 cr20.5%23.0%0.5x
2020-1010.7x₹1231 cr20.5%23.0%0.5x
2020-0911.9x₹1231 cr20.5%23.0%0.5x
2020-0810.4x₹1231 cr20.5%23.0%0.5x
2020-0710.3x₹1231 cr20.5%23.0%0.5x
2020-068.9x₹1231 cr20.5%23.0%0.5x
2020-05—₹3292 cr-79.1%-14.0%1.6x
2020-04—₹3292 cr-79.1%-14.0%1.6x
2020-03—₹3292 cr-79.1%-14.0%1.6x
2020-02—₹3292 cr-79.1%-14.0%1.6x
2020-01—₹3292 cr-79.1%-14.0%1.6x
2019-12—₹3292 cr-79.1%-14.0%1.6x
2019-11—₹3292 cr-79.1%-14.0%1.6x
2019-10—₹3292 cr-79.1%-14.0%1.6x
2019-09—₹3292 cr-79.1%-14.0%1.6x
2019-08—₹3292 cr-79.1%-14.0%1.6x
2019-07—₹3292 cr-79.1%-14.0%1.6x
2019-06—₹3292 cr-79.1%-14.0%1.6x
2019-059.0x₹2265 cr10.5%16.0%1.0x
2019-049.7x₹2265 cr10.5%16.0%1.0x
2019-0310.4x₹2265 cr10.5%16.0%1.0x

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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