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NAVNEET EDUCATION LIMITED (NAVNETEDUL)

Producer Manufacturing · Office Equipment/Supplies · 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.68 / 100
Profitability 62Growth 43Balance 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.46 / 100
Price 60Earnings 38FII/DII 42

Passes these screensValue PickLittle growth priced in

Compare withDOMS INDUSTRIESWEST COAST PAPER MILLSFLAIR WRITING INDUSTRIE

Share price

Closing priceAdjusted for splits and bonus issues.

₹128.8 latest close · −14.2% over the last 90 sessions

₹120₹130₹140₹150Jul 3Jul 29Aug 24Sep 17Oct 14Nov 9 ₹120₹130₹140₹150Jul 3Sep 4Nov 9

₹128.8 month-end · −11.6% over 12 months

₹120₹130₹140Nov '25Jan '26Apr '26Jun '26Sep '26Nov '26 ₹120₹130₹140Nov '25May '26Nov '26

₹128.8 month-end · −6.3% over 3 years

₹120₹140₹160Nov '23Jun '24Jan '25Sep '25Apr '26Nov '26 ₹120₹140₹160Nov '23May '25Nov '26

₹128.8 month-end · +21.2% since Jan '19

₹100₹150Jan '19Aug '20Mar '22Sep '23Apr '25Nov '26 ₹100₹150Jan '19Dec '22Nov '26

52-week range ₹117.28 to ₹165.90 · 1-year volatility 34.3%

Was the rally earned?

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

Earnings helped, the multiple did not.

  • Per-share earnings added 43 points, but investors now pay less per rupee of profit (P/E 15.1x to 8.5x), which took 54 points back.
  • The share count rose 5%.
Net profit growth: +47 pts. Points of the price return explained by net profit growing (or shrinking).+47 ptsNet profit growthP/E change: −54 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−54 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: −12%−12%Share priceNet profit growth: +47 pts. Points of the price return explained by net profit growing (or shrinking).+47ProfitP/E change: −54 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−54P/EShare count change: −4 pts. Points of the price return explained by the share count changing. More shares count against the price.−4SharesShare price: −12%−12%Share price
Net profit growth+47 ptsNet profit rose about 64%, which lifts the price.
P/E change-54 ptsThe P/E fell from 15.1x to 8.5x, which lowers the price.
Share count change-4 ptsShare count rose 5%, which lowers the price.
-6%share price, 3 yearsLower P/E held it back

Earnings helped, the multiple did not.

  • Per-share earnings added 50 points, but investors now pay less per rupee of profit (P/E 15.2x to 8.5x), which took 57 points back.
  • The share count rose 3%.
Net profit growth: +53 pts. Points of the price return explained by net profit growing (or shrinking).+53 ptsNet profit growthP/E change: −57 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−57 ptsP/E changeShare count change: −3 pts. Points of the price return explained by the share count changing. More shares count against the price.−3 ptsShare count changeShare price: −6%−6%Share priceNet profit growth: +53 pts. Points of the price return explained by net profit growing (or shrinking).+53ProfitP/E change: −57 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−57P/EShare count change: −3 pts. Points of the price return explained by the share count changing. More shares count against the price.−3SharesShare price: −6%−6%Share price
Net profit growth+53 ptsNet profit rose about 73%, which lifts the price.
P/E change-57 ptsThe P/E fell from 15.2x to 8.5x, which lowers the price.
Share count change-3 ptsShare count rose 3%, which lowers the price.
+29%share price, 5 yearsLower P/E held it back

Mostly yes, with a catch.

  • Per-share earnings added 208 points, but investors now pay less per rupee of profit (P/E 41.0x to 8.5x), which took 179 points back.
  • The share count barely moved.
Net profit growth: +209 pts. Points of the price return explained by net profit growing (or shrinking).+209 ptsNet profit growthP/E change: −179 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−179 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: +29%+29%Share priceNet profit growth: +209 pts. Points of the price return explained by net profit growing (or shrinking).+209ProfitP/E change: −179 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−179P/EShare count change: −1 pts. Points of the price return explained by the share count changing. More shares count against the price.−1SharesShare price: +29%+29%Share price
Net profit growth+209 ptsNet profit rose about 530%, which lifts the price.
P/E change-179 ptsThe P/E fell from 41.0x to 8.5x, which lowers the price.
Share count change-1 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 DOMS INDUSTRIES

How rough has the ride been?

Maximum drawdown-58.0%recovered 2021-10
1-year volatility34.3%annualised
Beta vs sector index0.653-year daily, correlation 0.40
Volume spikes3last 90 sessions, 5x the 50-day median

Drawdown from peak

0%−20%−40%2020202120222023202420252026−49.4% 0%−20%−40%2020202220242026−49.4%
Largest drawdowns

-58.0% (2019-04 peak to 2020-03 low, recovered 2021-10)

-40.1% (2022-09 peak to 2023-03 low, recovered 2023-08)

-31.1% (2023-10 peak to 2026-10 low, not yet recovered)

Most recent volume spikes

2026-11-05: 6.2x the 50-day median, price -3.2% that day

2026-11-03: 6.5x the 50-day median, price +3.2% that day

2026-07-16: 5.7x the 50-day median, price -0.7% 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?

8.5xP/E todayNear its historic low
Against its own history19th percentile
CheapestMedian 15.5xDearest

Usual range 4.5x to 39.0x since 2019-01.

Against Producer Manufacturing8.5x vs 29.6x
This company
8.5x
Sector median
29.6x

71% below the Producer Manufacturing median.

4.1x18.0x31.9x45.8xJan '19Aug '20Mar '22Oct '23May '25Nov '264.1x18.0x31.9x45.8xJan '19Sep '21May '24Nov '26
P/E (this company)10th to 90th percentile of its own historyIts medianProducer Manufacturing median

The chart loads when you open this tab.

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

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P/S (this company)10th to 90th percentile of its own historyIts medianProducer Manufacturing 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 Producer Manufacturing is valued

Where does it rank among Producer Manufacturing peers?

Each cell is the company's percentile rank among its Producer Manufacturing 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

  • ROCE28th▼ 18 pts vs a year ago
  • Op. margin95thflat vs a year ago
  • Revenue growth12th▼ 18 pts vs a year ago
  • EPS growth81st▲ 73 pts vs a year ago
  • Debt/equity ↓78th▲ 11 pts vs a year ago
  • Cash cycle ↓10thflat vs a year ago
  • P/E ↓96th▲ 9 pts vs a year ago
  • 12M momentum42nd▼ 30 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 Producer Manufacturing sector page Watch it move against Producer Manufacturing in the Observatory

What is the price implying?

~4%annual earnings growth implied by the priceBelow delivered growth

At normalised P/E (five-year average earnings) of 8.8x, a holder earning 12%/yr needs earnings to grow about 4.1%/yr for 10 years, then trade at 15x.

Delivered18.8%/yrEPS, last 10 fiscal years · 3-yr avg to 3-yr avg
Gap−14.7 ptsimplied minus delivered
Rank750thmost demanding of 856

Over time

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

-4%8%19% Jan 2019Nov 2026 -4%8%19% Jan 2019Nov 2026

Change the assumptions

Exit P/E / return11%12%13%
12x5.3%6.2%7.1%
15x3.2%4.1%5.0%
20x0.5%1.4%2.3%

Drag a slider to test other assumptions

Implied: 4.1%/yr

Looking back

  • Jan 2020Price implied 10%/yr; EPS has since grown 14%/yr (7.0 yrs)
  • Jan 2021Price implied 7%/yr; EPS has since grown 12%/yr (6.0 yrs)
  • Jan 2022Price implied 10%/yr; EPS has since grown 47%/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 Producer Manufacturing The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov
₹128.80
P/E
8.5x
ROCE
10.0%
Market Cap
₹2856 cr
Revenue (TTM)
₹1715 cr
P/S
1.7x
P/B
1.4x
ROE
16.5%
Operating Margin
25.0%
Debt / Equity
0.1x
Promoter Holding
63.3%
12M Momentum
-11.7%

52-week range

₹117.28₹165.90
24% of the way from its 52-week low to its high

Price risk

1Y volatility
34.3%
Beta vs sector
1-year daily
0.82

Balance sheet & cash

Interest cover
operating profit ÷ interest
28.4x
Cash from profit, 3Y
operating cash flow ÷ net profit
0.52x
Share count, 1Y
unchanged

Are profits backed by cash?

5 of 7checks within range1 beyond a threshold
Other income reliance66%Beyond threshold

Other income as a share of pre-tax profit (trailing twelve months): 66.4%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate16%Within range

Median quarterly effective tax rate over about 2.5 years: 15.5%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion0.52xNear threshold

Operating cash flow divided by net profit over the last three fiscal years: 0.52x (cash from operations ₹737 cr, net profit ₹1,425 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 (71 vs 71). Bands: under 15 days, 15 to 45, over 45.

Capital work in progress10% of fixed assetsWithin range

Capital work-in-progress is 10% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.

Payable days+16 days / 2 yrsWithin range

Days payable changed by +16 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 added 2.2 pts; FIIs trimmed 0.8 pts.

Holdings, Jun '26

How each group changed

GroupSep '23Jun '26Change
Promoters63.3%63.3%0.0 pts
FIIs4.0%3.2%-0.8 pts
DIIs11.4%13.6%+2.2 pts
Public and others21.6%19.9%-1.7 pts

Number of shareholders

39,641shareholders-1% since Sep '23
40k43k46k49k Sep '23Jun '24Mar '25Dec '25Jun '26
Sep '23: 40,112
Dec '23: 40,125
Mar '24: 40,716
Jun '24: 42,133
Sep '24: 48,925
Dec '24: 47,949
Mar '25: 46,528
Jun '25: 45,584
Sep '25: 44,191
Dec '25: 41,862
Mar '26: 39,807
Jun '26: 39,641
 40k43k46k49k Sep '23Sep '24Sep '25Jun '26
Sep '23: 40,112
Dec '23: 40,125
Mar '24: 40,716
Jun '24: 42,133
Sep '24: 48,925
Dec '24: 47,949
Mar '25: 46,528
Jun '25: 45,584
Sep '25: 44,191
Dec '25: 41,862
Mar '26: 39,807
Jun '26: 39,641

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

+1.5%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 NAVNEET EDUCATION 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 −24% to +40% vs the market, against −3% for all non-financial companies in the same months.
  • The gap against the base rate (+4.2%, 80% range −2.6% to +19.9%) is within what chance and overlapping periods produce.

Where the 50 outcomes landed

−50%0%+50%+100%
ORIENTCEM · Sep 2025: −46.1% vs market
KIRIINDUS · Mar 2022: −39.1% vs market
HMVL · May 2021: −38.4% vs market
FINPIPE · Nov 2024: −35.9% vs market
ZEEL · Sep 2025: −32.5% vs market
KIRLOSENG · Feb 2021: −31.6% vs market
IOLCP · Aug 2023: −31.0% vs market
TVTODAY · Apr 2024: −30.6% vs market
ACC · Apr 2025: −29.4% vs market
DELTACORP · Apr 2025: −27.9% vs market
GHCL · May 2025: −27.5% vs market
VINDHYATEL · Jul 2021: −26.2% vs market
DALMIASUG · Jun 2023: −24.7% vs market
BALMLAWRIE · Feb 2021: −22.0% vs market
KCP · Sep 2025: −21.2% vs market
DEN · Aug 2023: −13.8% vs market
BLISSGVS · Jun 2023: −13.7% vs market
VTL · Oct 2024: −9.6% vs market
GMDCLTD · Apr 2020: −6.7% vs market
KSL · Jun 2025: −5.7% vs market
BANCOINDIA · May 2021: −4.6% vs market
ALBERTDAVD · May 2022: −1.7% vs market
JAGRAN · Apr 2021: 0% vs market
GIPCL · Sep 2025: +0.6% vs market
SANDESH · Jun 2020: +1.0% vs market
GRAPHITE · Sep 2024: +1.9% vs market
GNFC · Aug 2025: +5.6% vs market
RAMCOIND · Nov 2023: +10.1% vs market
AMBIKCO · Jun 2025: +13.4% vs market
SASKEN · Aug 2023: +14.4% vs market
VARDHACRLC · Jan 2021: +26.4% vs market
DBCORP · Apr 2022: +29.9% vs market
KSCL · Aug 2023: +30.5% vs market
EXCELINDUS · Mar 2021: +31.6% vs market
MANAKSIA · Apr 2021: +33.2% vs market
JUBLINGREA · May 2024: +33.6% vs market
KRBL · Jul 2022: +38.8% vs market
SESHAPAPER · Apr 2022: +40.6% vs market
WINDLAS · Jan 2023: +42.9% vs market
DEEPINDS · Apr 2024: +54.4% vs market
NATIONALUM · Jun 2023: +55.6% vs market
SHREEPUSHK · Mar 2021: +65.6% vs market
TTKHLTCARE · Apr 2022: +66.1% vs market
FSL · Jan 2020: +66.5% vs market
KIRLOSIND · Jul 2020: +74.3% vs market
GODFRYPHLP · Aug 2022: +77.0% vs market
GEOJITFSL · Sep 2023: +103.0% vs market
GUJALKALI · Mar 2021: +110.5% vs market
UNIPARTS · Sep 2025: +113.6% vs market
KABRAEXTRU · Mar 2020: +132.7% vs market
Similar setups +1.5%All companies −2.7%← 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 · 4 beyond the range shown, drawn at the edge

Similar setups' median
+1.5%
All companies' median
−2.7%
Beat the market
56% vs 47%

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

The closest matches

CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
SESHAPAPER
Process Industries		 Apr 2022 12x9% +32%−13% +41%
TVTODAY
Consumer Services		 Apr 2024 16x13% +22%−11% −31%
GUJALKALI
Process Industries		 Mar 2021 7x11% +55%−9% +111%
DELTACORP
Consumer Services		 Apr 2025 16x13% −24%−37% −28%
BALMLAWRIE
Producer Manufacturing		 Feb 2021 12x11% +21%−8% −22%
Show the other 3 matches
CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
KIRIINDUS
Process Industries		 Mar 2022 7x12% +18%−25% −39%
GEOJITFSL
Finance		 Sep 2023 14x14% +11%−10% +103%
UNIPARTS
Producer Manufacturing		 Sep 2025 18x12% −14%−15% +114%
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: drawdown from 12-month high, 12-month momentum 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 NAVNEET EDUCATION 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.

ORIENT CEMENTORIENTCEM
Non-Energy Minerals
69%similar
EPS growthoperating margin
KALYANI STEELSKSL
Non-Energy Minerals
62%similar
revenuepromoter holding
RAMCO INDUSTRIESRAMCOIND
Non-Energy Minerals
60%similar
P/Emarket cap
JUST DIALJUSTDIAL
Technology Services
59%similar
operating margindebt/equity
D.B.CORPDBCORP
Consumer Services
58%similar
market capP/E
EVEREST KANTO CYLINDERSEKC
Producer Manufacturing
60%similar
EPS growthP/E
BALMER LAWRIE & COBALMLAWRIE
Producer Manufacturing
51%similar
market capEPS growth
PIX TRANSMISSIONSPIXTRANS
Producer Manufacturing
50%similar
volatilitypromoter 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

  1. NovPriceVolume reached 6.5x its 50-day median on 2026-11-03; price +3.2% that day.
  2. OctPriceFell 31% from the Oct 2023 peak to the Oct 2026 low.
  3. SepResultsYear-on-year EPS growth turned positive.
  4. SepPeer rankMoved into the top quartile of Producer Manufacturing on operating margin (from the 2nd quartile).
  5. JulPriceVolume reached 6.5x its 50-day median on 2026-07-01; price +4.8% that day.
  6. JunPeer rankMoved into the 2nd quartile of Producer Manufacturing on operating margin (from the bottom quartile).
  7. MayPriceVolume reached 8.8x its 50-day median on 2026-05-21; price +3.6% that day.
  8. FebPriceVolume reached 37.2x its 50-day median on 2026-02-03; price +16.9% that day.
Show 22 earlier events
  1. DecPeer rankSlipped to the bottom quartile of Producer Manufacturing on operating margin (from the top quartile).
  2. SepResultsYear-on-year EPS growth turned negative.
  3. SepPeer rankSlipped to the bottom quartile of Producer Manufacturing on EPS growth (from the top quartile).
  4. AugPriceVolume reached 47.0x its 50-day median on 2025-08-21; price +10.7% that day.
  5. JunPeer rankMoved into the top quartile of Producer Manufacturing on operating margin (from the bottom quartile).
  6. JunDividendDividend payout cut from 23% to 9% of profit.
  7. MayPriceVolume reached 12.4x its 50-day median on 2025-05-19; price +2.5% that day.
  8. FebPriceVolume reached 15.8x its 50-day median on 2025-02-05; price +6.2% that day.
  9. DecPeer rankSlipped to the bottom quartile of Producer Manufacturing on operating margin (from the top quartile).
  10. SepValuationP/E fell below the 10th percentile of its own history to date (4.3x).
  11. SepPeer rankMoved into the top quartile of Producer Manufacturing on EPS growth (from the 3rd quartile).
  12. AugPriceVolume reached 19.8x its 50-day median on 2024-08-12; price +5.9% that day.
  13. JunResultsRevenue (TTM) reached a new high of ₹1,751 cr.
  14. JunPeer rankSlipped to the 3rd quartile of Producer Manufacturing on ROCE (from the 2nd quartile).
  15. MayPriceVolume reached 13.8x its 50-day median on 2024-05-07; price +8.5% that day.
  16. FebPriceVolume reached 7.5x its 50-day median on 2024-02-02; price +5.7% that day.
  17. OctPriceVolume reached 6.4x its 50-day median on 2023-10-04; price +6.3% that day.
  18. AugPriceRegained the 2022-09 peak, 5 months after the low.
  19. AugPriceVolume reached 9.7x its 50-day median on 2023-08-03; price -6.1% that day.
  20. JunResultsRevenue (TTM) reached a new high of ₹1,694 cr.
  21. JunPeer rankMoved into the 2nd quartile of Producer Manufacturing on ROCE (from the bottom quartile).
  22. MayPriceVolume reached 7.6x its 50-day median on 2023-05-08; price -7.5% 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 history60 months · 2021-12 to 2026-11
MonthP/ERevenue (TTM)ROEROCEDebt / Equity
2026-118.5x₹1715 cr16.5%10.0%0.1x
2026-108.3x₹1715 cr16.5%10.0%0.1x
2026-098.1x₹1715 cr16.5%10.0%0.1x
2026-088.5x₹1721 cr17.2%10.0%0.1x
2026-078.4x₹1721 cr17.2%10.0%0.1x
2026-068.9x₹1721 cr17.2%10.0%0.1x
2026-058.7x₹1725 cr19.7%15.0%0.1x
2026-048.9x₹1725 cr19.7%15.0%0.1x
2026-037.5x₹1725 cr19.7%15.0%0.1x
2026-0215.9x₹1757 cr10.7%15.0%0.1x
2026-0115.5x₹1757 cr10.7%15.0%0.1x
2025-1215.6x₹1757 cr10.7%15.0%0.1x
2025-1115.1x₹1782 cr11.2%15.0%0.1x
2025-1016.7x₹1782 cr11.2%15.0%0.1x
2025-0915.8x₹1782 cr11.2%15.0%0.1x
2025-084.6x₹1786 cr41.9%15.0%0.1x
2025-074.4x₹1786 cr41.9%15.0%0.1x
2025-064.2x₹1786 cr41.9%15.0%0.1x
2025-054.2x₹1787 cr59.4%16.0%0.2x
2025-044.2x₹1787 cr59.4%16.0%0.2x
2025-034.2x₹1787 cr59.4%16.0%0.2x
2025-024.3x₹1764 cr57.3%16.0%0.2x
2025-014.3x₹1764 cr57.3%16.0%0.2x
2024-124.5x₹1764 cr57.3%16.0%0.2x
2024-114.1x₹1758 cr60.4%16.0%0.2x
2024-104.2x₹1758 cr60.4%16.0%0.2x
2024-094.3x₹1758 cr60.4%16.0%0.2x
2024-0816.7x₹1751 cr15.9%16.0%0.2x
2024-0717.0x₹1751 cr15.9%16.0%0.2x
2024-0616.5x₹1751 cr15.9%16.0%0.2x
2024-0516.4x₹1694 cr16.9%19.0%0.3x
2024-0416.3x₹1694 cr16.9%19.0%0.3x
2024-0315.2x₹1694 cr16.9%19.0%0.3x
2024-0216.8x₹1694 cr16.9%19.0%0.3x
2024-0117.0x₹1694 cr16.9%19.0%0.3x
2023-1216.7x₹1694 cr16.9%19.0%0.3x
2023-1115.2x₹1694 cr16.9%19.0%0.3x
2023-1016.8x₹1694 cr16.9%19.0%0.3x
2023-0917.1x₹1694 cr16.9%19.0%0.3x
2023-0817.1x₹1694 cr16.9%19.0%0.3x
2023-0715.8x₹1694 cr16.9%19.0%0.3x
2023-0613.5x₹1694 cr16.9%19.0%0.3x
2023-0537.0x₹1112 cr7.4%6.0%0.1x
2023-0434.4x₹1112 cr7.4%6.0%0.1x
2023-0328.5x₹1112 cr7.4%6.0%0.1x
2023-0229.6x₹1112 cr7.4%6.0%0.1x
2023-0133.2x₹1112 cr7.4%6.0%0.1x
2022-1237.4x₹1112 cr7.4%6.0%0.1x
2022-1137.8x₹1112 cr7.4%6.0%0.1x
2022-1041.8x₹1112 cr7.4%6.0%0.1x
2022-0939.8x₹1112 cr7.4%6.0%0.1x
2022-0842.6x₹1112 cr7.4%6.0%0.1x
2022-0732.3x₹1112 cr7.4%6.0%0.1x
2022-0628.1x₹1112 cr7.4%6.0%0.1x
2022-0537.3x₹832 cr5.7%5.0%0.1x
2022-0442.2x₹832 cr5.7%5.0%0.1x
2022-0336.6x₹832 cr5.7%5.0%0.1x
2022-0233.9x₹832 cr5.7%5.0%0.1x
2022-0140.2x₹832 cr5.7%5.0%0.1x
2021-1236.4x₹832 cr5.7%5.0%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.

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