52-week range
Price risk
Balance sheet & cash
Was the rally earned?
Mostly the multiple.
- Most of the fall came from investors paying a lower multiple (P/E 20.5x to 9.7x); per-share earnings took off 1 point.
- The share count rose 2%.
Earnings helped, the multiple did not.
- Per-share earnings added 9 points, but investors now pay less per rupee of profit (P/E 17.2x to 9.7x), which took 46 points back.
- The share count rose 71%.
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.
Is it expensive against its own past and its peers?
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How to read this
Shaded band: 10th to 90th percentile of the company's own P/E history; dashed 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.
What is the price implying?
At a P/E of 13.9x, the price would imply about 11.1%/yr earnings growth for 10 years under the same assumptions, but it is not ranked.
Below the ₹1,000 cr market-cap floor used for the lists.
“Implied growth” is what the current price would require under our stated assumptions, not what we expect.
What prices imply across Producer Manufacturing The market-wide Expectations lists
What changed?
- Jun '26Year-on-year EPS growth turned negative.
- Jun '26Slipped to the 3rd quartile of Producer Manufacturing on EPS growth (from the top quartile).
- Mar '26Fell 70% from the Sep 2025 peak to the Mar 2026 low.
- Aug '25Regained the 2025-01 peak, 5 months after the low.
- Jun '25Year-on-year EPS growth turned positive.
- Jun '25Moved into the top quartile of Producer Manufacturing on EPS growth (from the bottom quartile).
- Mar '25Fell 30% from the Jan 2025 peak to the Mar 2025 low.
- Dec '24Regained the 2024-02 peak, 4 months after the low.
Show 22 earlier events
- Aug '24Fell 44% from the Feb 2024 peak to the Aug 2024 low.
- Jun '24Promoter holding fell 22.4 pts to 51.0%.
- Jun '24Year-on-year EPS growth turned negative.
- Jun '24FII + DII holding rose 7.0 pts over 1 quarter to 7.0%.
- Jun '24Slipped to the 3rd quartile of Producer Manufacturing on ROCE (from the 2nd quartile).
- Jun '24Share count is up 71.4% over 12 months.
- Jan '24Regained the 2023-10 peak, 1 month after the low.
- Dec '23Fell 26% from the Oct 2023 peak to the Dec 2023 low.
- Aug '23Regained the 2023-01 peak, 1 month after the low.
- Aug '23Moved into the top quartile of Producer Manufacturing on EPS growth (from the bottom quartile).
- Jul '23Fell 27% from the Jan 2023 peak to the Jul 2023 low.
- Jun '23Revenue (TTM) reached a new high of ₹70 cr.
- Jun '23Moved into the 2nd quartile of Producer Manufacturing on ROCE (from the bottom quartile).
- Jun '22EPS (TTM) turned positive.
- May '22Regained the 2020-07 peak, 10 months after the low.
- Jul '21Fell 43% from the Jul 2020 peak to the Jul 2021 low.
- Jun '21EPS (TTM) turned negative.
- Jun '21Slipped to the bottom quartile of Producer Manufacturing on ROCE (from the 3rd quartile).
- Jul '20Regained the 2019-03 peak, 3 months after the low.
- Jun '20EPS (TTM) turned positive.
- Jun '20Moved into the 3rd quartile of Producer Manufacturing on ROCE (from the bottom quartile).
- Apr '20Fell 68% from the Mar 2019 peak to the Apr 2020 low.
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
Are profits backed by cash?
2 of 6 checks are within range, 2 near a threshold, 2 beyond a threshold.
Tap a check to see how it is measured.
Other income reliance11%Within range
Other income as a share of pre-tax profit (trailing twelve months): 11.1%. Bands: below 15%, 15% to 35%, above 35%.
Tax rate—Not enough data
Not enough reported data to compute this.
Cash conversion0.12xBeyond threshold
Operating cash flow divided by net profit over the last three fiscal years: 0.12x (cash from operations ₹2 cr, net profit ₹16 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+69 daysBeyond threshold
Debtor days are above the median of the previous three fiscal years by 69 days (171 vs 102). 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+83 days / 2 yrsNear threshold
Days payable changed by +83 over two years. Bands: rise of up to 30 days; more than 30 days.
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.
Who has been buying and selling?
- Over 2 years, FIIs trimmed 5.9 pts; promoters added 1.2 pts; DIIs trimmed 1.1 pts.
- The number of shareholders rose from 184 to 754 (+310%) between Mar 2021 and Mar 2026.
Holdings, Mar '26
How each group changed
Number of shareholders
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.
How rough has the ride been?
Monthly share price
Last 90 trading days
Drawdown from peak
Largest drawdowns
-70.0% (2025-09 peak to 2026-03 low, not yet recovered)
-68.4% (2019-03 peak to 2020-04 low, recovered 2020-07)
-43.8% (2024-02 peak to 2024-08 low, recovered 2024-12)
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).
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 happened next to similar setups
- We found 50 past situations where a non-financial company looked like OMFURN INDIA LIMITED today on valuation, return on capital, debt, growth, price momentum and size.
- Over the following 12 months the middle half of them returned −23% to +50% vs the market, against −3% for all non-financial companies in the same months.
- The gap against the base rate (−4.0%, 80% range −11.7% to +7.1%) is within what chance and overlapping periods produce.
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 · 5 beyond the range shown, drawn at the edge
50 past situations · 50 companies · 35 months · 2020–2025
The closest matches
| Company | When | P/E | ROCE | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| SRIVASAVI Process Industries |
Oct 2025 | 12x | — | −47% | −56% | +83% |
| ARCHIES Retail Trade |
May 2024 | 10x | 16% | 0% | −40% | −18% |
| INDTERRAIN Consumer Non-Durables |
May 2020 | 4x | 18% | −76% | −77% | −26% |
| PPSL Consumer Services |
Aug 2025 | 9x | — | −57% | −63% | −83% |
| GSS Technology Services |
Jan 2020 | 7x | 10% | −57% | −65% | −27% |
Show the other 3 matches
| Company | When | P/E | ROCE | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| BAWEJA Consumer Services |
Jun 2025 | 12x | — | −39% | −45% | −43% |
| SHEMAROO Consumer Services |
Mar 2021 | 6x | 9% | +31% | −41% | +69% |
| KELLTONTEC Technology Services |
Jan 2023 | 8x | 17% | −46% | −50% | +28% |
How reliable is this?
Matched on P/E, P/S, ROCE, debt/equity, interest cover, revenue growth, 12-month momentum, drawdown from 12-month high and size. Closest on: drawdown from 12-month high, 12-month momentum and ROCE. Not used (unavailable for this company): operating margin and volatility. 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.
Monthly history (93 months)
| Month | P/E | Revenue (TTM) | ROE | ROCE | Debt / Equity |
|---|---|---|---|---|---|
| 2026-10 | 9.7x | ₹86 cr | 9.6% | 14.0% | 0.2x |
| 2026-09 | 9.5x | ₹86 cr | 9.6% | 14.0% | 0.2x |
| 2026-08 | 11.1x | ₹86 cr | 9.6% | 14.0% | 0.2x |
| 2026-07 | 12.5x | ₹86 cr | 9.6% | 14.0% | 0.2x |
| 2026-06 | 10.6x | ₹86 cr | 9.6% | 14.0% | 0.2x |
| 2026-05 | 10.9x | ₹84 cr | 10.7% | 15.0% | 0.3x |
| 2026-04 | 11.7x | ₹84 cr | 10.7% | 15.0% | 0.3x |
| 2026-03 | 7.3x | ₹84 cr | 10.7% | 15.0% | 0.3x |
| 2026-02 | 10.1x | ₹84 cr | 10.7% | 15.0% | 0.3x |
| 2026-01 | 11.8x | ₹84 cr | 10.7% | 15.0% | 0.3x |
| 2025-12 | 15.8x | ₹84 cr | 10.7% | 15.0% | 0.3x |
| 2025-11 | 17.4x | ₹84 cr | 10.7% | 15.0% | 0.3x |
| 2025-10 | 20.5x | ₹84 cr | 10.7% | 15.0% | 0.3x |
| 2025-09 | 22.8x | ₹84 cr | 10.7% | 15.0% | 0.3x |
| 2025-08 | 22.5x | ₹84 cr | 10.7% | 15.0% | 0.3x |
| 2025-07 | 17.4x | ₹84 cr | 10.7% | 15.0% | 0.3x |
| 2025-06 | 19.2x | ₹84 cr | 10.7% | 15.0% | 0.3x |
| 2025-05 | 31.5x | ₹80 cr | 6.9% | 13.0% | 0.3x |
| 2025-04 | 33.4x | ₹80 cr | 6.9% | 13.0% | 0.3x |
| 2025-03 | 36.5x | ₹80 cr | 6.9% | 13.0% | 0.3x |
| 2025-02 | 31.1x | ₹80 cr | 6.9% | 13.0% | 0.3x |
| 2025-01 | 36.7x | ₹80 cr | 6.9% | 13.0% | 0.3x |
| 2024-12 | 34.4x | ₹80 cr | 6.9% | 13.0% | 0.3x |
| 2024-11 | 26.8x | ₹80 cr | 6.9% | 13.0% | 0.3x |
| 2024-10 | 22.4x | ₹80 cr | 6.9% | 13.0% | 0.3x |
| 2024-09 | 21.7x | ₹80 cr | 6.9% | 13.0% | 0.3x |
| 2024-08 | 19.1x | ₹80 cr | 6.9% | 13.0% | 0.3x |
| 2024-07 | 20.5x | ₹80 cr | 6.9% | 13.0% | 0.3x |
| 2024-06 | 21.7x | ₹80 cr | 6.9% | 13.0% | 0.3x |
| 2024-05 | 12.9x | ₹70 cr | 12.6% | 19.0% | 0.4x |
| 2024-04 | 15.2x | ₹70 cr | 12.6% | 19.0% | 0.4x |
| 2024-03 | 16.1x | ₹70 cr | 12.6% | 19.0% | 0.4x |
| 2024-02 | 17.5x | ₹70 cr | 12.6% | 19.0% | 0.4x |
| 2024-01 | 19.1x | ₹70 cr | 12.6% | 19.0% | 0.4x |
| 2023-12 | 13.4x | ₹70 cr | 12.6% | 19.0% | 0.4x |
| 2023-11 | 14.9x | ₹70 cr | 12.6% | 19.0% | 0.4x |
| 2023-10 | 17.2x | ₹70 cr | 12.6% | 19.0% | 0.4x |
| 2023-09 | 14.7x | ₹70 cr | 12.6% | 19.0% | 0.4x |
| 2023-08 | 12.0x | ₹70 cr | 12.6% | 19.0% | 0.4x |
| 2023-07 | 7.0x | ₹70 cr | 12.6% | 19.0% | 0.4x |
| 2023-06 | 7.1x | ₹70 cr | 12.6% | 19.0% | 0.4x |
| 2023-05 | 48.1x | ₹31 cr | 2.6% | 6.0% | 0.7x |
| 2023-04 | 48.7x | ₹31 cr | 2.6% | 6.0% | 0.7x |
| 2023-03 | 51.2x | ₹31 cr | 2.6% | 6.0% | 0.7x |
| 2023-02 | 51.7x | ₹31 cr | 2.6% | 6.0% | 0.7x |
| 2023-01 | 51.2x | ₹31 cr | 2.6% | 6.0% | 0.7x |
| 2022-12 | 41.7x | ₹31 cr | 2.6% | 6.0% | 0.7x |
| 2022-11 | 21.3x | ₹31 cr | 2.6% | 6.0% | 0.7x |
| 2022-10 | 17.6x | ₹31 cr | 2.6% | 6.0% | 0.7x |
| 2022-09 | 17.6x | ₹31 cr | 2.6% | 6.0% | 0.7x |
| 2022-08 | 17.0x | ₹31 cr | 2.6% | 6.0% | 0.7x |
| 2022-07 | — | — | — | — | — |
| 2022-06 | 15.5x | ₹31 cr | 2.6% | 6.0% | 0.7x |
| 2022-05 | — | ₹20 cr | -3.7% | 2.0% | 0.8x |
| 2022-04 | — | ₹20 cr | -3.7% | 2.0% | 0.8x |
| 2022-03 | — | ₹20 cr | -3.7% | 2.0% | 0.8x |
| 2022-02 | — | ₹20 cr | -3.7% | 2.0% | 0.8x |
| 2022-01 | — | ₹20 cr | -3.7% | 2.0% | 0.8x |
| 2021-12 | — | ₹20 cr | -3.7% | 2.0% | 0.8x |
| 2021-11 | — | ₹20 cr | -3.7% | 2.0% | 0.8x |
| 2021-10 | — | ₹20 cr | -3.7% | 2.0% | 0.8x |
| 2021-09 | — | — | — | — | — |
| 2021-08 | — | ₹20 cr | -3.7% | 2.0% | 0.8x |
| 2021-07 | — | ₹20 cr | -3.7% | 2.0% | 0.8x |
| 2021-06 | — | ₹20 cr | -3.7% | 2.0% | 0.8x |
| 2021-05 | — | — | — | — | — |
| 2021-04 | 5.1x | ₹40 cr | 4.7% | 9.0% | 0.6x |
| 2021-03 | 5.1x | ₹40 cr | 4.7% | 9.0% | 0.6x |
| 2021-02 | 5.6x | ₹40 cr | 4.7% | 9.0% | 0.6x |
| 2021-01 | — | — | — | — | — |
| 2020-12 | 5.6x | ₹40 cr | 4.7% | 9.0% | 0.6x |
| 2020-11 | 5.3x | ₹40 cr | 4.7% | 9.0% | 0.6x |
| 2020-10 | 5.6x | ₹40 cr | 4.7% | 9.0% | 0.6x |
| 2020-09 | 5.5x | ₹40 cr | 4.7% | 9.0% | 0.6x |
| 2020-08 | 6.4x | ₹40 cr | 4.7% | 9.0% | 0.6x |
| 2020-07 | 6.5x | ₹40 cr | 4.7% | 9.0% | 0.6x |
| 2020-06 | 2.8x | ₹40 cr | 4.7% | 9.0% | 0.6x |
| 2020-05 | — | ₹34 cr | -0.6% | 5.0% | 0.8x |
| 2020-04 | — | ₹34 cr | -0.6% | 5.0% | 0.8x |
| 2020-03 | — | ₹34 cr | -0.6% | 5.0% | 0.8x |
| 2020-02 | — | ₹34 cr | -0.6% | 5.0% | 0.8x |
| 2020-01 | — | ₹34 cr | -0.6% | 5.0% | 0.8x |
| 2019-12 | — | ₹34 cr | -0.6% | 5.0% | 0.8x |
| 2019-11 | — | ₹34 cr | -0.6% | 5.0% | 0.8x |
| 2019-10 | — | ₹34 cr | -0.6% | 5.0% | 0.8x |
| 2019-09 | — | — | — | — | — |
| 2019-08 | — | ₹34 cr | -0.6% | 5.0% | 0.8x |
| 2019-07 | — | ₹34 cr | -0.6% | 5.0% | 0.8x |
| 2019-06 | — | ₹34 cr | -0.6% | 5.0% | 0.8x |
| 2019-05 | 3.6x | ₹33 cr | 7.6% | 12.0% | 0.6x |
| 2019-04 | 5.1x | ₹33 cr | 7.6% | 12.0% | 0.6x |
| 2019-03 | 5.2x | ₹33 cr | 7.6% | 12.0% | 0.6x |
| 2019-02 | 4.9x | ₹33 cr | 7.6% | 12.0% | 0.6x |