MUKAND LTD (MUKANDLTD): Financials & Fundamentals History

Share price

Closing priceAdjusted for splits and bonus issues.

3M1Y3YAll

₹147.64 latest close · +13.4% over the last 90 sessions

₹147.64 month-end · +12.4% over 12 months

₹147.64 month-end · −14.5% over 3 years

₹147.64 month-end · +195.1% since Jan '19

52-week range ₹111.92 to ₹190.70 · 1-year volatility 36.8%

Was the rally earned?

1 year3 years

+12%share price, 1 yearLower P/E held it back

Mostly yes, with a catch.

Per-share earnings added 219 points, but investors now pay less per rupee of profit (P/E 23.7x to 3.4x), which took 207 points back.
The share count barely moved.

Net profit growth+220 ptsNet profit rose about 693%, which lifts the price.

P/E change-207 ptsThe P/E fell from 23.7x to 3.4x, which lowers the price.

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

-15%share price, 3 yearsLower P/E held it back

Earnings helped, the multiple did not.

Per-share earnings added 121 points, but investors now pay less per rupee of profit (P/E 14.5x to 3.4x), which took 135 points back.
The share count barely moved.

Net profit growth+121 ptsNet profit rose about 269%, which lifts the price.

P/E change-135 ptsThe P/E fell from 14.5x to 3.4x, 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.

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 JSW STEEL

How rough has the ride been?

Maximum drawdown-80.0%recovered 2020-12

1-year volatility36.8%annualised

Beta vs sector index1.063-year daily, correlation 0.50

Volume spikes14last 90 sessions, 5x the 50-day median

Drawdown from peak

Largest drawdowns

-80.0% (2019-01 peak to 2020-03 low, recovered 2020-12)

-57.6% (2024-01 peak to 2025-03 low, not yet recovered)

-38.3% (2021-08 peak to 2022-06 low, recovered 2023-07)

Most recent volume spikes

2026-10-23: 6.3x the 50-day median, price -6.7% that day

2026-10-08: 6.2x the 50-day median, price -6.3% that day

2026-10-07: 9.6x the 50-day median, price +2.4% 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?

3.4xP/E todayNear its historic low

Against its own history9th percentile

CheapestMedian 14.2xDearest

Usual range 5.3x to 27.7x since 2019-01.

Against Non-Energy Minerals3.4x vs 21.8x

This company

3.4x

Sector median

21.8x

85% below the Non-Energy Minerals median.

P/EP/BP/S

P/E (this company)10th to 90th percentile of its own historyIts medianNon-Energy Minerals median

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P/B (this company)10th to 90th percentile of its own historyIts medianNon-Energy Minerals median

The chart loads when you open this tab.

P/S (this company)10th to 90th percentile of its own historyIts medianNon-Energy Minerals 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 Non-Energy Minerals is valued

Where does it rank among Non-Energy Minerals peers?

Each cell is the company's percentile rank among its Non-Energy Minerals 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

ROCE22nd▼ 22 pts vs a year ago
Op. margin8th▼ 6 pts vs a year ago
Revenue growth44th▲ 21 pts vs a year ago
EPS growth100th▲ 62 pts vs a year ago
Debt/equity ↓11thflat vs a year ago
Cash cycle ↓14th▼ 4 pts vs a year ago
P/E ↓99th▲ 44 pts vs a year ago
12M momentum75th▲ 14 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 Non-Energy Minerals sector page Watch it move against Non-Energy Minerals in the Observatory

What is the price implying?

~5%annual earnings growth implied by the priceAbove delivered growth

At normalised P/E (five-year average earnings) of 9.4x, a holder earning 12%/yr needs earnings to grow about 5.4%/yr for 10 years, then trade at 15x.

Delivered1.3%/yrEPS, last 10 fiscal years · 3-yr avg to 3-yr avg

Gap+4.1 ptsimplied minus delivered

Rank451stmost 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	6.6%	7.6%	8.6%
15x	4.5%	5.4%	6.4%
20x	1.7%	2.6%	3.5%

Drag a slider to test other assumptions

Required return 12.0% Years 10 Exit P/E 15x Implied: 5.4%/yr

“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 Non-Energy Minerals The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov: ₹147.64
P/E: 3.4x
ROCE: 4.0%
Market Cap: ₹2140 cr
Revenue (TTM): ₹5121 cr
P/S: 0.4x
P/B: 1.4x
ROE: 41.7%
Operating Margin: 0.5%
Debt / Equity: 1.1x
Promoter Holding: 74.7%
12M Momentum: 12.4%

52-week range

₹111.92₹190.70

45% of the way from its 52-week low to its high

Price risk

1Y volatility

36.8%

Beta vs sector

1-year daily

0.91

Balance sheet & cash

Interest cover

operating profit ÷ interest

4.5x

Cash from profit, 3Y

operating cash flow ÷ net profit

-0.25x

low

Share count, 1Y

unchanged

Are profits backed by cash?

5 of 7checks within range2 beyond a threshold

Other income reliance116%Beyond threshold

Other income as a share of pre-tax profit (trailing twelve months): 115.9%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate29%Within range

Median quarterly effective tax rate over about 2.5 years: 28.5%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion-0.25xBeyond threshold

Operating cash flow divided by net profit over the last three fiscal years: -0.25x (cash from operations ₹-196 cr, net profit ₹784 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 history0 daysWithin range

Debtor days are below the median of the previous three fiscal years by 0 days (32 vs 32). Bands: under 15 days, 15 to 45, over 45.

Capital work in progress16% of fixed assetsWithin range

Capital work-in-progress is 16% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.

Payable days+17 days / 2 yrsWithin range

Days payable changed by +17 over two years. Bands: rise of up to 30 days; more than 30 days.

Tap a check to see how it is measured

How to read this

Each check is a named rule with fixed thresholds, not a score. Annual statements are the latest restated figures, so a past year may differ from what was originally reported.

All terms explained in the glossary →

Who has been buying and selling?

Over 3 years, institutional and promoter holdings were broadly unchanged.

Holdings, Jun '26

How each group changed

GroupSep '23Jun '26Change

Promoters74.7%74.7%0.0 pts

FIIs0.1%0.3%+0.2 pts

DIIs1.2%1.0%-0.1 pts

Public and others24.0%24.0%0.0 pts

Number of shareholders

49,306shareholders+4% since Sep '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

+12.3%typical 12-month return vs the marketAbove the base rate

We found 50 past situations where a non-financial company looked like MUKAND 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 −11% to +40% vs the market, against −3% for all non-financial companies in the same months.
The analogs' median sat above that base rate (gap +15.5%, 80% range +6.4% to +21.6%), 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 · 4 beyond the range shown, drawn at the edge

Similar setups' median

+12.3%

All companies' median

−3.2%

Beat the market

60% vs 46%

50 past situations · 50 companies · 36 months · 2020–2025

The closest matches

Company	When	P/E	ROCE	12M mom.	Drawdown	Next 12 months
TI Consumer Non-Durables	Feb 2021	1x	-8%	+56%	−9%	+100%
JAYSREETEA Process Industries	Jun 2025	3x	4%	+1%	−29%	−23%
RPSGVENT Finance	Mar 2021	—	4%	+186%	−11%	+41%
ZUARI Process Industries	Jun 2024	9x	8%	+51%	−11%	−6%
MAWANASUG Process Industries	Oct 2025	3x	10%	−17%	−20%	+86%

Show the other 3 matches

Company	When	P/E	ROCE	12M mom.	Drawdown	Next 12 months
NAVA Utilities	Nov 2021	4x	12%	+102%	−16%	+54%
INDIAGLYCO Process Industries	Jul 2021	5x	10%	+154%	−9%	+28%
JISLJALEQS Producer Manufacturing	Jul 2023	3x	4%	+25%	−4%	+11%

How reliable is this?

Matched on P/E, P/S, ROCE, operating margin, debt/equity, interest cover, revenue growth, 12-month momentum, drawdown from 12-month high, size and volatility. Closest on: interest cover, drawdown from 12-month high and P/S. 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 MUKAND 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

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.

ALOK INDUSTRIESALOKINDS

Process Industries

64%similar

promoter holdingrevenue

SHREE RENUKA SUGARSRENUKA

Process Industries

51%similar

volatilityoperating margin

INDIAN HUME PIPE CO.INDIANHUME

Producer Manufacturing

49%similar

revenue growthmarket cap

SUNDARAM CLAYTONSUNCLAY

Producer Manufacturing

49%similar

operating margindebt/equity

SUTLEJ TEXTILES & INDUSTRIES LSUTLEJTEX

Process Industries

47%similar

debt/equityrevenue growth

BIRLA CORPORATIONBIRLACORPN

Non-Energy Minerals

47%similar

EPS growthvolatility

BMW VENTURES LIMITEDBMWVENTLTD

Non-Energy Minerals

43%similar

operating marginpromoter holding

PRISM JOHNSONPRSMJOHNSN

Non-Energy Minerals

39%similar

debt/equitypromoter holding

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

What changed?

30 events since May '23

2026
OctPriceVolume reached 24.1x its 50-day median on 2026-10-05; price +5.5% that day.
SepPriceVolume reached 30.9x its 50-day median on 2026-09-23; price +11.1% that day.
JunResultsYear-on-year EPS growth turned positive.
JunValuationP/E fell below the 10th percentile of its own history to date (3.1x).
JunPeer rankSlipped to the bottom quartile of Non-Energy Minerals on ROCE (from the 3rd quartile).
JunDividendDividend payout cut from 38% to 7% of profit.
MayPriceVolume reached 27.7x its 50-day median on 2026-05-18; price +5.6% that day.
FebPriceVolume reached 7.2x its 50-day median on 2026-02-10; price +5.5% that day.

Show 22 earlier events

2025
DecPeer rankMoved into the 3rd quartile of Non-Energy Minerals on operating margin (from the bottom quartile).
OctValuationP/E crossed above the 90th percentile of its own history to date (25.1x).
OctPriceVolume reached 6.4x its 50-day median on 2025-10-29; price +3.6% that day.
SepPeer rankSlipped to the bottom quartile of Non-Energy Minerals on operating margin (from the 3rd quartile).
JulPriceVolume reached 41.3x its 50-day median on 2025-07-03; price +6.7% that day.
JunValuationP/E crossed above the 90th percentile of its own history to date (26.6x).
JunPeer rankMoved into the 3rd quartile of Non-Energy Minerals on EPS growth (from the bottom quartile).
JunPriceVolume reached 50.7x its 50-day median on 2025-06-25; price +3.9% that day.
MarPriceFell 58% from the Jan 2024 peak to the Mar 2025 low.
JanPriceVolume reached 26.7x its 50-day median on 2025-01-22; price +2.3% that day.
2024
DecPeer rankMoved into the 3rd quartile of Non-Energy Minerals on operating margin (from the bottom quartile).
SepPeer rankSlipped to the bottom quartile of Non-Energy Minerals on operating margin (from the 3rd quartile).
JulPriceVolume reached 12.4x its 50-day median on 2024-07-26; price +7.2% that day.
JunValuationP/E crossed above the 90th percentile of its own history to date (22.2x).
JunPeer rankMoved into the 3rd quartile of Non-Energy Minerals on ROCE (from the bottom quartile).
AprPriceVolume reached 5.5x its 50-day median on 2024-04-25; price +5.4% that day.
JanPriceVolume reached 8.3x its 50-day median on 2024-01-03; price +2.6% that day.
2023
DecPriceVolume reached 14.5x its 50-day median on 2023-12-22; price +12.1% that day.
JulPriceRegained the 2021-08 peak, 13 months after the low.
JulPriceVolume reached 27.0x its 50-day median on 2023-07-31; price +5.1% that day.
JunResultsRevenue (TTM) reached a new high of ₹5,568 cr.
MayPriceVolume reached 15.6x its 50-day median on 2023-05-16; price -2.5% 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	3.4x	₹5121 cr	41.7%	4.0%	1.1x
2026-10	3.2x	₹5121 cr	41.5%	4.0%	1.1x
2026-09	4.1x	₹5121 cr	41.5%	4.0%	1.1x
2026-08	3.3x	₹4888 cr	39.7%	4.0%	1.1x
2026-07	3.3x	₹4888 cr	39.7%	4.0%	1.1x
2026-06	3.1x	₹4888 cr	39.7%	4.0%	1.1x
2026-05	33.3x	₹4726 cr	6.3%	10.0%	1.6x
2026-04	32.6x	₹4726 cr	6.3%	10.0%	1.6x
2026-03	28.2x	₹4726 cr	6.3%	10.0%	1.6x
2026-02	28.8x	₹4659 cr	6.8%	10.0%	1.6x
2026-01	28.1x	₹4659 cr	6.8%	10.0%	1.6x
2025-12	29.8x	₹4659 cr	6.8%	10.0%	1.6x
2025-11	23.7x	₹4761 cr	8.4%	10.0%	1.6x
2025-10	25.1x	₹4761 cr	8.4%	10.0%	1.6x
2025-09	23.4x	₹4761 cr	8.4%	10.0%	1.6x
2025-08	24.0x	₹4890 cr	7.9%	10.0%	1.6x
2025-07	26.8x	₹4890 cr	7.9%	10.0%	1.6x
2025-06	26.6x	₹4890 cr	7.9%	10.0%	1.6x
2025-05	18.1x	₹5022 cr	10.3%	11.0%	1.6x
2025-04	15.1x	₹5022 cr	10.3%	11.0%	1.6x
2025-03	13.6x	₹5022 cr	10.3%	11.0%	1.6x
2025-02	13.1x	₹4937 cr	10.7%	11.0%	1.6x
2025-01	16.8x	₹4937 cr	10.7%	11.0%	1.6x
2024-12	18.6x	₹4937 cr	10.7%	11.0%	1.6x
2024-11	20.3x	₹5051 cr	10.5%	11.0%	1.6x
2024-10	21.3x	₹5051 cr	10.5%	11.0%	1.6x
2024-09	24.3x	₹5051 cr	10.5%	11.0%	1.6x
2024-08	21.4x	₹5175 cr	11.3%	11.0%	1.6x
2024-07	25.4x	₹5175 cr	11.3%	11.0%	1.6x
2024-06	22.2x	₹5175 cr	11.3%	11.0%	1.6x
2024-05	12.8x	₹5568 cr	20.1%	-8.0%	1.8x
2024-04	15.1x	₹5568 cr	20.1%	-8.0%	1.8x
2024-03	12.2x	₹5568 cr	20.1%	-8.0%	1.8x
2024-02	13.6x	₹5568 cr	20.1%	-8.0%	1.8x
2024-01	15.3x	₹5568 cr	20.1%	-8.0%	1.8x
2023-12	16.3x	₹5568 cr	20.1%	-8.0%	1.8x
2023-11	14.5x	₹5568 cr	20.1%	-8.0%	1.8x
2023-10	13.1x	₹5568 cr	20.1%	-8.0%	1.8x
2023-09	13.9x	₹5568 cr	20.1%	-8.0%	1.8x
2023-08	15.1x	₹5568 cr	20.1%	-8.0%	1.8x
2023-07	13.6x	₹5568 cr	20.1%	-8.0%	1.8x
2023-06	10.3x	₹5568 cr	20.1%	-8.0%	1.8x
2023-05	9.8x	₹4643 cr	26.4%	8.0%	3.1x
2023-04	10.3x	₹4643 cr	26.4%	8.0%	3.1x
2023-03	11.1x	₹4643 cr	26.4%	8.0%	3.1x
2023-02	9.6x	₹4643 cr	26.4%	8.0%	3.1x
2023-01	10.1x	₹4643 cr	26.4%	8.0%	3.1x
2022-12	10.7x	₹4643 cr	26.4%	8.0%	3.1x
2022-11	8.8x	₹4643 cr	26.4%	8.0%	3.1x
2022-10	8.4x	₹4643 cr	26.4%	8.0%	3.1x
2022-09	7.9x	₹4643 cr	26.4%	8.0%	3.1x
2022-08	8.9x	₹4643 cr	26.4%	8.0%	3.1x
2022-07	8.6x	₹4643 cr	26.4%	8.0%	3.1x
2022-06	8.3x	₹4643 cr	26.4%	8.0%	3.1x
2022-05	—	₹2726 cr	-44.2%	-18.0%	4.5x
2022-04	—	₹2726 cr	-44.2%	-18.0%	4.5x
2022-03	—	₹2726 cr	-44.2%	-18.0%	4.5x
2022-02	—	₹2726 cr	-44.2%	-18.0%	4.5x
2022-01	—	₹2726 cr	-44.2%	-18.0%	4.5x
2021-12	—	₹2726 cr	-44.2%	-18.0%	4.5x
2021-11	—	₹2726 cr	-44.2%	-18.0%	4.5x
2021-10	—	₹2726 cr	-44.2%	-18.0%	4.5x
2021-09	—	₹2726 cr	-44.2%	-18.0%	4.5x
2021-08	—	₹2726 cr	-44.2%	-18.0%	4.5x
2021-07	—	₹2726 cr	-44.2%	-18.0%	4.5x
2021-06	—	₹2726 cr	-44.2%	-18.0%	4.5x
2021-05	—	₹2923 cr	-35.8%	2.0%	4.1x
2021-04	—	₹2923 cr	-35.8%	2.0%	4.1x
2021-03	—	₹2923 cr	-35.8%	2.0%	4.1x
2021-02	—	₹2923 cr	-35.8%	2.0%	4.1x
2021-01	—	₹2923 cr	-35.8%	2.0%	4.1x
2020-12	—	₹2923 cr	-35.8%	2.0%	4.1x
2020-11	—	₹2923 cr	-35.8%	2.0%	4.1x
2020-10	—	₹2923 cr	-35.8%	2.0%	4.1x
2020-09	—	₹2923 cr	-35.8%	2.0%	4.1x
2020-08	—	₹2923 cr	-35.8%	2.0%	4.1x
2020-07	—	₹2923 cr	-35.8%	2.0%	4.1x
2020-06	—	₹2923 cr	-35.8%	2.0%	4.1x
2020-05	—	₹3689 cr	-12.6%	5.0%	2.8x
2020-04	—	₹3689 cr	-12.6%	5.0%	2.8x
2020-03	—	₹3689 cr	-12.6%	5.0%	2.8x
2020-02	—	₹3689 cr	-12.6%	5.0%	2.8x
2020-01	—	₹3689 cr	-12.6%	5.0%	2.8x
2019-12	—	₹3689 cr	-12.6%	5.0%	2.8x
2019-11	—	₹3689 cr	-12.6%	5.0%	2.8x
2019-10	—	₹3689 cr	-12.6%	5.0%	2.8x
2019-09	—	₹3689 cr	-12.6%	5.0%	2.8x
2019-08	—	₹3689 cr	-12.6%	5.0%	2.8x
2019-07	—	₹3689 cr	-12.6%	5.0%	2.8x
2019-06	—	₹3689 cr	-12.6%	5.0%	2.8x
2019-05	—	₹3436 cr	76.1%	4.0%	2.0x
2019-04	—	₹3436 cr	76.1%	4.0%	2.0x
2019-03	—	₹3436 cr	76.1%	4.0%	2.0x
2019-02	—	₹3436 cr	76.1%	4.0%	2.0x
2019-01	—	₹3436 cr	76.1%	4.0%	2.0x

Methodology and data notes