Share price
₹69.18 latest close · −24.0% over the last 90 sessions
₹69.18 month-end · −36.6% over 12 months
₹69.18 month-end · −41.6% over 3 years
₹69.18 month-end · +107.4% since Jan '19
52-week range ₹62.40 to ₹116.98 · 1-year volatility 37.1%
Was the rally earned?
Earnings helped, the multiple did not.
- Per-share earnings added 29 points, but investors now pay less per rupee of profit (P/E 46.9x to 20.7x), which took 66 points back.
- The share count fell 3%.
Earnings helped, the multiple did not.
- Per-share earnings added 71 points, but investors now pay less per rupee of profit (P/E 88.4x to 20.7x), which took 112 points back.
- The share count barely moved.
Mostly yes, with a catch.
- Per-share earnings added 195 points, but investors now pay less per rupee of profit (P/E 34.7x to 20.7x), which took 78 points back.
- The share count barely moved.
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.
How rough has the ride been?
Drawdown from peak
Largest drawdowns
-72.9% (2019-01 peak to 2020-03 low, recovered 2022-01)
-72.0% (2024-08 peak to 2026-10 low, not yet recovered)
-46.7% (2022-01 peak to 2022-06 low, recovered 2023-08)
Most recent volume spikes
2026-07-28: 20.1x the 50-day median, price +3.8% that day
2026-07-17: 29.6x the 50-day median, price +1.1% 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?
Usual range 9.0x to 57.9x since 2019-01.
47% above the Industrial Services median.
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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.
Where does it rank among Industrial Services peers?
Each cell is the company's percentile rank among its Industrial Services peers (non-financial companies) that month.
Darker is better-ranked.
Rows marked ↓ are inverted (lower debt, shorter cash cycle and a lower P/E rank higher).
Where it ranks today
- ROCE13th▲ 4 pts vs a year ago
- Op. margin30th▲ 19 pts vs a year ago
- Revenue growth12th▲ 7 pts vs a year ago
- EPS growth80th▲ 61 pts vs a year ago
- Debt/equity ↓81stflat vs a year ago
- Cash cycle ↓4th▼ 4 pts vs a year ago
- P/E ↓29th▲ 21 pts vs a year ago
- 12M momentum29th▼ 29 pts vs a year ago
Rank history
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 Industrial Services sector page Watch it move against Industrial Services in the Observatory
What is the price implying?
At a P/E of 23.1x, the price would imply about 16.2%/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 Industrial Services The market-wide Expectations lists
Key figures
- Share Priceclose 9 Nov
- ₹69.18
- P/E
- 20.7x
- ROCE
- 5.0%
- Market Cap
- ₹666 cr
- Revenue (TTM)
- ₹520 cr
- P/S
- 1.3x
- P/B
- 0.9x
- ROE
- 4.2%
- Operating Margin
- 8.0%
- Debt / Equity
- 0.1x
- Promoter Holding
- 67.0%
- 12M Momentum
- -36.6%
52-week range
Price risk
Balance sheet & cash
Are profits backed by cash?
Other income reliance50%Beyond threshold
Other income as a share of pre-tax profit (trailing twelve months): 50.0%. Bands: below 15%, 15% to 35%, above 35%.
Tax rate-15%Beyond threshold
Median quarterly effective tax rate over about 2.5 years: -14.5%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.
Cash conversion0.82xWithin range
Operating cash flow divided by net profit over the last three fiscal years: 0.82x (cash from operations ₹85 cr, net profit ₹104 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+116 daysBeyond threshold
Debtor days are above the median of the previous three fiscal years by 116 days (226 vs 110). 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+137 days / 2 yrsNear threshold
Days payable changed by +137 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.
Who has been buying and selling?
- Over 3 years, DIIs added 4.1 pts; promoters trimmed 2.0 pts.
- The number of shareholders rose from 21,266 to 37,651 (+77%) between Dec 2023 and Jun 2026.
Holdings, Jun '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.
What happened next to similar setups
- We found 50 past situations where a non-financial company looked like OM INFRA LIMITED today on valuation, return on capital, margins, debt, growth, price momentum, size and volatility.
- Over the following 12 months the middle half of them returned −23% to +17% vs the market, against −7% for all non-financial companies in the same months.
- The gap against the base rate (−3.6%, 80% range −9.6% to +1.9%) 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 · 3 beyond the range shown, drawn at the edge
50 past situations · 50 companies · 29 months · 2020–2025
The closest matches
| Company | When | P/E | ROCE | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| VIKASECO Process Industries |
Feb 2025 | 22x | 5% | −47% | −50% | −50% |
| HBLENGINE Producer Manufacturing |
May 2020 | 12x | 6% | −53% | −58% | +123% |
| RUPA Consumer Non-Durables |
Nov 2023 | 39x | 8% | −9% | −15% | −25% |
| MANALIPETC Process Industries |
Jun 2025 | 40x | 5% | −25% | −32% | −7% |
| BHAGERIA Process Industries |
Jul 2023 | 46x | 4% | −15% | −23% | −23% |
Show the other 3 matches
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: 12-month momentum, drawdown from 12-month high and ROCE. One match per company and at most 7 from any one month.
Independent periods: the matches fall in 5 distinct 12-month windows. Matches from nearby months share the same market conditions, so fewer windows means less evidence.
What else looks like this?
Companies with the most similar financial profile today, regardless of industry.
Similarity is statistical, based on reported metrics; it does not imply similar business quality or future returns.
What changed?
30 events since Dec '23
- OctPriceFell 72% from the Aug 2024 peak to the Oct 2026 low.
- SepResultsYear-on-year EPS growth turned positive.
- SepPeer rankMoved into the top quartile of Industrial Services on EPS growth (from the bottom quartile).
- JulPriceVolume reached 29.6x its 50-day median on 2026-07-17; price +1.1% that day.
- JunResultsYear-on-year EPS growth turned negative.
- JunPeer rankMoved into the 3rd quartile of Industrial Services on operating margin (from the bottom quartile).
- JunPriceVolume reached 7.6x its 50-day median on 2026-06-23; price +5.5% that day.
- MarResultsYear-on-year EPS growth turned positive.
Show 22 earlier events
- MarPeer rankMoved into the 2nd quartile of Industrial Services on EPS growth (from the 3rd quartile).
- JanPriceVolume reached 16.3x its 50-day median on 2026-01-19; price +4.1% that day.
- DecPeer rankMoved into the 3rd quartile of Industrial Services on EPS growth (from the bottom quartile).
- OctPriceVolume reached 8.9x its 50-day median on 2025-10-08; price +6.8% that day.
- SepPriceVolume reached 33.0x its 50-day median on 2025-09-23; price +6.5% that day.
- JunResultsYear-on-year EPS growth turned negative.
- JunPeer rankSlipped to the bottom quartile of Industrial Services on ROCE (from the 3rd quartile).
- JunDividendStarted paying a dividend (payout 11% of profit).
- JunPriceVolume reached 18.2x its 50-day median on 2025-06-26; price +3.2% that day.
- MarPeer rankSlipped to the bottom quartile of Industrial Services on operating margin (from the 3rd quartile).
- MarPriceVolume reached 6.7x its 50-day median on 2025-03-06; price +8.9% that day.
- DecInstitutionsFII + DII holding rose 3.6 pts over 2 quarters to 4.0%.
- DecPeer rankSlipped to the 2nd quartile of Industrial Services on EPS growth (from the top quartile).
- DecPriceVolume reached 13.5x its 50-day median on 2024-12-06; price +15.3% that day.
- JunResultsYear-on-year EPS growth turned positive.
- JunPriceRegained the 2023-12 peak, 1 month after the low.
- JunPeer rankMoved into the 3rd quartile of Industrial Services on ROCE (from the bottom quartile).
- JunDividendDividend payout cut from 37% to 0% of profit.
- JunPriceVolume reached 19.6x its 50-day median on 2024-06-12; price +18.7% that day.
- MayPriceFell 32% from the Dec 2023 peak to the May 2024 low.
- FebPriceVolume reached 10.6x its 50-day median on 2024-02-19; price +3.1% that day.
- DecPeer rankSlipped to the bottom quartile of Industrial Services on ROCE (from the 3rd quartile).
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 | 20.7x | ₹520 cr | 4.2% | 5.0% | 0.1x |
| 2026-10 | 19.1x | ₹520 cr | 4.2% | 5.0% | 0.1x |
| 2026-09 | 23.0x | ₹520 cr | 4.2% | 5.0% | 0.1x |
| 2026-08 | 39.9x | ₹500 cr | 2.6% | 5.0% | 0.1x |
| 2026-07 | 43.4x | ₹500 cr | 2.6% | 5.0% | 0.1x |
| 2026-06 | 42.9x | ₹500 cr | 2.6% | 5.0% | 0.1x |
| 2026-05 | 29.8x | ₹512 cr | 3.9% | 4.0% | 0.1x |
| 2026-04 | 31.6x | ₹512 cr | 3.9% | 4.0% | 0.1x |
| 2026-03 | 27.5x | ₹512 cr | 3.9% | 4.0% | 0.1x |
| 2026-02 | 33.2x | ₹533 cr | 3.5% | 4.0% | 0.1x |
| 2026-01 | 30.4x | ₹533 cr | 3.5% | 4.0% | 0.1x |
| 2025-12 | 38.0x | ₹533 cr | 3.5% | 4.0% | 0.1x |
| 2025-11 | 46.9x | ₹647 cr | 3.1% | 4.0% | 0.1x |
| 2025-10 | 49.2x | ₹647 cr | 3.1% | 4.0% | 0.1x |
| 2025-09 | 54.8x | ₹647 cr | 3.1% | 4.0% | 0.1x |
| 2025-08 | 29.7x | ₹712 cr | 5.0% | 4.0% | 0.1x |
| 2025-07 | 32.3x | ₹712 cr | 5.0% | 4.0% | 0.1x |
| 2025-06 | 35.9x | ₹712 cr | 5.0% | 4.0% | 0.1x |
| 2025-05 | 51.5x | ₹836 cr | 3.5% | 12.0% | 0.1x |
| 2025-04 | 45.9x | ₹836 cr | 3.5% | 12.0% | 0.1x |
| 2025-03 | 45.6x | ₹836 cr | 3.5% | 12.0% | 0.1x |
| 2025-02 | 39.2x | ₹975 cr | 3.6% | 12.0% | 0.1x |
| 2025-01 | 53.7x | ₹975 cr | 3.6% | 12.0% | 0.1x |
| 2024-12 | 59.9x | ₹975 cr | 3.6% | 12.0% | 0.1x |
| 2024-11 | 29.5x | ₹1017 cr | 6.4% | 12.0% | 0.1x |
| 2024-10 | 33.9x | ₹1017 cr | 6.4% | 12.0% | 0.1x |
| 2024-09 | 36.0x | ₹1017 cr | 6.4% | 12.0% | 0.1x |
| 2024-08 | 38.7x | ₹1115 cr | 6.5% | 12.0% | 0.1x |
| 2024-07 | 44.0x | ₹1115 cr | 6.5% | 12.0% | 0.1x |
| 2024-06 | 33.8x | ₹1115 cr | 6.5% | 12.0% | 0.1x |
| 2024-05 | 81.3x | ₹799 cr | 1.9% | 5.0% | 0.2x |
| 2024-04 | 102.4x | ₹799 cr | 1.9% | 5.0% | 0.2x |
| 2024-03 | 95.1x | ₹799 cr | 1.9% | 5.0% | 0.2x |
| 2024-02 | 91.9x | ₹799 cr | 1.9% | 5.0% | 0.2x |
| 2024-01 | 97.3x | ₹799 cr | 1.9% | 5.0% | 0.2x |
| 2023-12 | 113.7x | ₹799 cr | 1.9% | 5.0% | 0.2x |
| 2023-11 | 88.4x | ₹799 cr | 1.9% | 5.0% | 0.2x |
| 2023-10 | 70.0x | ₹799 cr | 1.9% | 5.0% | 0.2x |
| 2023-09 | 64.9x | ₹799 cr | 1.9% | 5.0% | 0.2x |
| 2023-08 | 46.0x | ₹799 cr | 1.9% | 5.0% | 0.2x |
| 2023-07 | 39.4x | ₹799 cr | 1.9% | 5.0% | 0.2x |
| 2023-06 | 37.3x | ₹799 cr | 1.9% | 5.0% | 0.2x |
| 2023-05 | 15.0x | ₹313 cr | 3.9% | 6.0% | 0.2x |
| 2023-04 | 15.7x | ₹313 cr | 3.9% | 6.0% | 0.2x |
| 2023-03 | 11.7x | ₹313 cr | 3.9% | 6.0% | 0.2x |
| 2023-02 | 13.7x | ₹313 cr | 3.9% | 6.0% | 0.2x |
| 2023-01 | 15.1x | ₹313 cr | 3.9% | 6.0% | 0.2x |
| 2022-12 | 14.8x | ₹313 cr | 3.9% | 6.0% | 0.2x |
| 2022-11 | 14.0x | ₹313 cr | 3.9% | 6.0% | 0.2x |
| 2022-10 | 12.9x | ₹313 cr | 3.9% | 6.0% | 0.2x |
| 2022-09 | 12.6x | ₹313 cr | 3.9% | 6.0% | 0.2x |
| 2022-08 | 13.6x | ₹313 cr | 3.9% | 6.0% | 0.2x |
| 2022-07 | 12.4x | ₹313 cr | 3.9% | 6.0% | 0.2x |
| 2022-06 | 10.5x | ₹313 cr | 3.9% | 6.0% | 0.2x |
| 2022-05 | 37.7x | ₹236 cr | 1.4% | 7.0% | 0.2x |
| 2022-04 | 44.5x | ₹236 cr | 1.4% | 7.0% | 0.2x |
| 2022-03 | 44.9x | ₹236 cr | 1.4% | 7.0% | 0.2x |
| 2022-02 | 43.8x | ₹236 cr | 1.4% | 7.0% | 0.2x |
| 2022-01 | 49.8x | ₹236 cr | 1.4% | 7.0% | 0.2x |
| 2021-12 | 39.3x | ₹236 cr | 1.4% | 7.0% | 0.2x |
| 2021-11 | 34.7x | ₹236 cr | 1.4% | 7.0% | 0.2x |
| 2021-10 | 34.5x | ₹236 cr | 1.4% | 7.0% | 0.2x |
| 2021-09 | 30.7x | ₹236 cr | 1.4% | 7.0% | 0.2x |
| 2021-08 | 32.9x | ₹236 cr | 1.4% | 7.0% | 0.2x |
| 2021-07 | 36.2x | ₹236 cr | 1.4% | 7.0% | 0.2x |
| 2021-06 | 31.0x | ₹236 cr | 1.4% | 7.0% | 0.2x |
| 2021-05 | 16.1x | ₹187 cr | 2.4% | 5.0% | 0.2x |
| 2021-04 | 13.2x | ₹187 cr | 2.4% | 5.0% | 0.2x |
| 2021-03 | 14.2x | ₹187 cr | 2.4% | 5.0% | 0.2x |
| 2021-02 | 15.7x | ₹187 cr | 2.4% | 5.0% | 0.2x |
| 2021-01 | 14.4x | ₹187 cr | 2.4% | 5.0% | 0.2x |
| 2020-12 | 12.9x | ₹187 cr | 2.4% | 5.0% | 0.2x |
| 2020-11 | 11.5x | ₹187 cr | 2.4% | 5.0% | 0.2x |
| 2020-10 | 10.6x | ₹187 cr | 2.4% | 5.0% | 0.2x |
| 2020-09 | 10.9x | ₹187 cr | 2.4% | 5.0% | 0.2x |
| 2020-08 | 10.6x | ₹187 cr | 2.4% | 5.0% | 0.2x |
| 2020-07 | 8.3x | ₹187 cr | 2.4% | 5.0% | 0.2x |
| 2020-06 | 10.0x | ₹187 cr | 2.4% | 5.0% | 0.2x |
| 2020-05 | 7.0x | ₹213 cr | 2.5% | 6.0% | 0.2x |
| 2020-04 | 8.1x | ₹213 cr | 2.5% | 6.0% | 0.2x |
| 2020-03 | 8.5x | ₹213 cr | 2.5% | 6.0% | 0.2x |
| 2020-02 | 12.2x | ₹213 cr | 2.5% | 6.0% | 0.2x |
| 2020-01 | 14.5x | ₹213 cr | 2.5% | 6.0% | 0.2x |
| 2019-12 | 13.7x | ₹213 cr | 2.5% | 6.0% | 0.2x |
| 2019-11 | 14.5x | ₹213 cr | 2.5% | 6.0% | 0.2x |
| 2019-10 | 12.2x | ₹213 cr | 2.5% | 6.0% | 0.2x |
| 2019-09 | 11.4x | ₹213 cr | 2.5% | 6.0% | 0.2x |
| 2019-08 | 9.1x | ₹213 cr | 2.5% | 6.0% | 0.2x |
| 2019-07 | 9.0x | ₹213 cr | 2.5% | 6.0% | 0.2x |
| 2019-06 | 14.0x | ₹213 cr | 2.5% | 6.0% | 0.2x |
| 2019-05 | 6.7x | ₹306 cr | 6.2% | 11.0% | 0.2x |
| 2019-04 | 6.9x | ₹306 cr | 6.2% | 11.0% | 0.2x |
| 2019-03 | 8.3x | ₹306 cr | 6.2% | 11.0% | 0.2x |
| 2019-02 | 7.4x | ₹306 cr | 6.2% | 11.0% | 0.2x |
| 2019-01 | 8.2x | ₹306 cr | 6.2% | 11.0% | 0.2x |