52-week range
Price risk
Balance sheet & cash
Was the rally earned?
Both mattered.
- Per-share earnings added 30 points and the multiple added 25 points (P/E 34.7x to 42.5x).
- The share count rose 4%.
Mostly yes, with a catch.
- Per-share earnings added 201 points, but investors now pay less per rupee of profit (P/E 67.6x to 42.5x), which took 72 points back.
- The share count rose 37%.
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 normalised P/E (five-year average earnings) of 91.9x, a holder earning 12%/yr needs earnings to grow about 34.3%/yr for 10 years, then trade at 15x.
Over time
Implied growth by month (solid) and delivered growth (dashed).
Change the assumptions
| Exit P/E / return | 11% | 12% | 13% |
|---|---|---|---|
| 12x | 36.1% | 37.3% | 38.5% |
| 15x | 33.1% | 34.3% | 35.5% |
| 20x | 29.3% | 30.4% | 31.6% |
Looking back
- Jan 2020Price implied 1%/yr; EPS has since grown 16%/yr (7.0 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 Commercial Services The market-wide Expectations lists
What changed?
- Oct '26Regained the 2024-07 peak, 7 months after the low.
- Oct '26Volume reached 11.2x its 50-day median on 2026-10-05; price +5.3% that day.
- Sep '26Volume reached 28.8x its 50-day median on 2026-09-23; price +8.2% that day.
- Aug '26Moved into the top quartile of Commercial Services on operating margin (from the 2nd quartile).
- Jun '26Slipped to the 2nd quartile of Commercial Services on operating margin (from the top quartile).
- May '26Volume reached 5.4x its 50-day median on 2026-05-08; price +2.5% that day.
- Apr '26Moved into the top quartile of Commercial Services on operating margin (from the 2nd quartile).
- Apr '26Debt / equity halved over 12 months to 0.12x.
Show 22 earlier events
- Mar '26FII + DII holding fell 8.2 pts over 2 quarters to 8.0%.
- Mar '26Fell 45% from the Jul 2024 peak to the Mar 2026 low.
- Nov '25Volume reached 18.8x its 50-day median on 2025-11-03; price +4.4% that day.
- Sep '25Debt / equity halved over 12 months to 0.12x.
- Sep '25Volume reached 20.4x its 50-day median on 2025-09-25; price -2.1% that day.
- Jul '25Share count is up 20.9% over 12 months.
- Jun '25FII + DII holding rose 12.9 pts over 2 quarters to 16.7%.
- Jun '25Slipped to the 3rd quartile of Commercial Services on ROCE (from the 2nd quartile).
- Apr '25Volume reached 16.6x its 50-day median on 2025-04-09; price +12.8% that day.
- Mar '25Promoter holding fell 9.2 pts to 51.5%.
- Feb '25Debt / equity halved over 12 months to 0.41x.
- Jan '25Volume reached 14.4x its 50-day median on 2025-01-08; price -0.4% that day.
- Sep '24Promoter holding fell 7.1 pts to 60.7%.
- Sep '24FII + DII holding rose 3.3 pts over 2 quarters to 5.7%.
- Jul '24Regained the 2024-01 peak, 4 months after the low.
- Jul '24Debt / equity halved over 12 months to 0.41x.
- Jul '24Volume reached 19.8x its 50-day median on 2024-07-03; price +9.8% that day.
- Jun '24Promoter holding rose 5.1 pts to 67.8%.
- Jun '24Revenue (TTM) reached a new high of ₹170 cr.
- Jun '24Debt / equity fell below 1.0x (0.41x).
- Jun '24Share count is up 13.2% over 12 months.
- Apr '24Volume reached 12.3x its 50-day median on 2024-04-25; price +2.3% 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
Are profits backed by cash?
5 of 6 checks are within range, 1 near a threshold.
Tap a check to see how it is measured.
Other income reliance25%Near threshold
Other income as a share of pre-tax profit (trailing twelve months): 25.0%. Bands: below 15%, 15% to 35%, above 35%.
Tax rate26%Within range
Median quarterly effective tax rate over about 2.5 years: 25.5%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.
Cash conversion1.91xWithin range
Operating cash flow divided by net profit over the last three fiscal years: 1.91x (cash from operations ₹176 cr, net profit ₹92 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 history+8 daysWithin range
Debtor days are above the median of the previous three fiscal years by 8 days (113 vs 105). 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—Not enough data
Not enough reported data to compute this.
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, promoters trimmed 10.4 pts; FIIs added 4.1 pts.
- The number of shareholders rose from 21,331 to 53,275 (+150%) 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.
How rough has the ride been?
Monthly share price
Last 90 trading days
Drawdown from peak
Largest drawdowns
-79.6% (2019-05 peak to 2019-11 low, recovered 2021-07)
-45.4% (2024-07 peak to 2026-03 low, recovered 2026-10)
-40.7% (2021-07 peak to 2021-09 low, recovered 2021-10)
Most recent volume spikes
2026-10-21: 5.5x the 50-day median, price -9.3% that day
2026-10-05: 11.2x the 50-day median, price +5.3% that day
2026-10-01: 6.7x the 50-day median, price +1.3% 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).
Where does it rank among Commercial Services peers?
Each cell is the company's percentile rank among its Commercial 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).
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 Commercial Services sector page Watch it move against Commercial Services in the Observatory
What else looks like this?
Companies with the most similar financial profile today, regardless of industry.
| Company | Sector | Similarity | Closest on |
|---|---|---|---|
| AURUM PROPTECH (AURUM) | Technology Services | 62% | revenue, revenue growth |
| IRIS CLOTHINGS (IRISDOREME) | Consumer Non-Durables | 61% | volatility, revenue |
| SWELECT ENERGY SYSTEMS (SWELECTES) | Producer Manufacturing | 61% | revenue growth, operating margin |
| ORISSA MINERALS DEVELOPMENT CO (ORISSAMINE) | Non-Energy Minerals | 57% | ROCE, market cap |
| HUBTOWN (HUBTOWN) | Finance | 56% | debt/equity, ROCE |
| VINSYS IT SERVICES (VINSYS) | Commercial Services | 34% | revenue growth, revenue |
| WEWORK INDIA MANAGEMENT (WEWORK) | Commercial Services | 23% | volatility, promoter holding |
| LATENT VIEW ANALYTICS (LATENTVIEW) | Commercial Services | 17% | operating margin, revenue growth |
Similarity is statistical, based on reported metrics; it does not imply similar business quality or future returns.
What happened next to similar setups
- We found 50 past situations where a non-financial company looked like ONE POINT ONE SOLUTIONS 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 −29% to +49% vs the market, against −6% for all non-financial companies in the same months.
- The gap against the base rate (+4.2%, 80% range −5.0% to +14.6%) 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 · 30 months · 2020–2025
The closest matches
| Company | When | P/E | ROCE | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| GREENPANEL Non-Energy Minerals |
Nov 2021 | 67x | 12% | +337% | −8% | −5% |
| ANURAS Health Technology |
Oct 2025 | 96x | 7% | +47% | −8% | +17% |
| NAVINFLUOR Process Industries |
Sep 2025 | 65x | 11% | +34% | −11% | +78% |
| KRSNAA Health Services |
Mar 2025 | 34x | 10% | +28% | −23% | −32% |
| GREENPLY Producer Manufacturing |
Jan 2020 | 24x | 12% | +20% | −10% | −36% |
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: drawdown from 12-month high, interest cover and debt/equity. 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.
Monthly history (90 months)
| Month | P/E | Revenue (TTM) | ROE | ROCE | Debt / Equity |
|---|---|---|---|---|---|
| 2026-10 | 42.5x | ₹402 cr | 10.1% | 10.0% | 0.5x |
| 2026-09 | 42.9x | ₹402 cr | 10.1% | 10.0% | 0.5x |
| 2026-08 | 37.8x | ₹313 cr | 8.5% | 10.0% | 0.5x |
| 2026-07 | 39.6x | ₹313 cr | 8.5% | 10.0% | 0.5x |
| 2026-06 | 39.4x | ₹313 cr | 8.5% | 10.0% | 0.5x |
| 2026-05 | 45.0x | ₹284 cr | 9.2% | 13.0% | 0.1x |
| 2026-04 | 38.8x | ₹284 cr | 9.2% | 13.0% | 0.1x |
| 2026-03 | 29.8x | ₹284 cr | 9.2% | 13.0% | 0.1x |
| 2026-02 | 33.9x | ₹273 cr | 8.9% | 13.0% | 0.1x |
| 2026-01 | 36.9x | ₹273 cr | 8.9% | 13.0% | 0.1x |
| 2025-12 | 39.3x | ₹273 cr | 8.9% | 13.0% | 0.1x |
| 2025-11 | 39.1x | ₹264 cr | 8.4% | 13.0% | 0.1x |
| 2025-10 | 34.7x | ₹264 cr | 8.4% | 13.0% | 0.1x |
| 2025-09 | 33.4x | ₹264 cr | 8.4% | 13.0% | 0.1x |
| 2025-08 | 32.1x | ₹256 cr | 8.2% | 13.0% | 0.1x |
| 2025-07 | 36.8x | ₹256 cr | 8.2% | 13.0% | 0.1x |
| 2025-06 | 37.9x | ₹256 cr | 8.2% | 13.0% | 0.1x |
| 2025-05 | 47.4x | ₹241 cr | 22.1% | 22.0% | 0.4x |
| 2025-04 | 44.8x | ₹241 cr | 22.1% | 22.0% | 0.4x |
| 2025-03 | 35.4x | ₹241 cr | 22.1% | 22.0% | 0.4x |
| 2025-02 | 38.6x | ₹217 cr | 20.7% | 22.0% | 0.4x |
| 2025-01 | 41.4x | ₹217 cr | 20.7% | 22.0% | 0.4x |
| 2024-12 | 42.3x | ₹217 cr | 20.7% | 22.0% | 0.4x |
| 2024-11 | 48.5x | ₹195 cr | 19.3% | 22.0% | 0.4x |
| 2024-10 | 50.4x | ₹195 cr | 19.3% | 22.0% | 0.4x |
| 2024-09 | 56.8x | ₹195 cr | 19.3% | 22.0% | 0.4x |
| 2024-08 | 64.8x | ₹170 cr | 15.7% | 22.0% | 0.4x |
| 2024-07 | 64.8x | ₹170 cr | 15.7% | 22.0% | 0.4x |
| 2024-06 | 55.5x | ₹170 cr | 15.7% | 22.0% | 0.4x |
| 2024-05 | 115.5x | ₹140 cr | 16.1% | 17.0% | 1.1x |
| 2024-04 | 118.4x | ₹140 cr | 16.1% | 17.0% | 1.1x |
| 2024-03 | 113.1x | ₹140 cr | 16.1% | 17.0% | 1.1x |
| 2024-02 | 130.1x | ₹140 cr | 16.1% | 17.0% | 1.1x |
| 2024-01 | 134.0x | ₹140 cr | 16.1% | 17.0% | 1.1x |
| 2023-12 | 108.0x | ₹140 cr | 16.1% | 17.0% | 1.1x |
| 2023-11 | 108.3x | ₹140 cr | 16.1% | 17.0% | 1.1x |
| 2023-10 | 67.6x | ₹140 cr | 16.1% | 17.0% | 1.1x |
| 2023-09 | 76.6x | ₹140 cr | 16.1% | 17.0% | 1.1x |
| 2023-08 | 65.3x | ₹140 cr | 16.1% | 17.0% | 1.1x |
| 2023-07 | 55.2x | ₹140 cr | 16.1% | 17.0% | 1.1x |
| 2023-06 | 45.5x | ₹140 cr | 16.1% | 17.0% | 1.1x |
| 2023-05 | 124.7x | ₹132 cr | 7.2% | 16.0% | 1.1x |
| 2023-04 | 101.7x | ₹132 cr | 7.2% | 16.0% | 1.1x |
| 2023-03 | 103.6x | ₹132 cr | 7.2% | 16.0% | 1.1x |
| 2023-02 | 91.7x | ₹132 cr | 7.2% | 16.0% | 1.1x |
| 2023-01 | 91.9x | ₹132 cr | 7.2% | 16.0% | 1.1x |
| 2022-12 | 88.3x | ₹132 cr | 7.2% | 16.0% | 1.1x |
| 2022-11 | 98.1x | ₹132 cr | 7.2% | 16.0% | 1.1x |
| 2022-10 | 84.2x | ₹132 cr | 7.2% | 16.0% | 1.1x |
| 2022-09 | 56.1x | ₹132 cr | 7.2% | 16.0% | 1.1x |
| 2022-08 | 60.3x | ₹132 cr | 7.2% | 16.0% | 1.1x |
| 2022-07 | 66.4x | ₹132 cr | 7.2% | 16.0% | 1.1x |
| 2022-06 | 57.8x | ₹132 cr | 7.2% | 16.0% | 1.1x |
| 2022-05 | — | ₹102 cr | -32.6% | -11.0% | 0.5x |
| 2022-04 | — | ₹102 cr | -32.6% | -11.0% | 0.5x |
| 2022-03 | — | ₹102 cr | -32.6% | -11.0% | 0.5x |
| 2022-02 | — | ₹102 cr | -32.6% | -11.0% | 0.5x |
| 2022-01 | — | ₹102 cr | -32.6% | -11.0% | 0.5x |
| 2021-12 | — | ₹102 cr | -32.6% | -11.0% | 0.5x |
| 2021-11 | — | ₹102 cr | -32.6% | -11.0% | 0.5x |
| 2021-10 | — | ₹102 cr | -32.6% | -11.0% | 0.5x |
| 2021-09 | — | ₹102 cr | -32.6% | -11.0% | 0.5x |
| 2021-08 | — | ₹102 cr | -32.6% | -11.0% | 0.5x |
| 2021-07 | — | ₹102 cr | -32.6% | -11.0% | 0.5x |
| 2021-06 | — | ₹102 cr | -32.6% | -11.0% | 0.5x |
| 2021-05 | — | ₹125 cr | -35.1% | 1.0% | 1.6x |
| 2021-04 | — | ₹125 cr | -35.1% | 1.0% | 1.6x |
| 2021-03 | — | ₹125 cr | -35.1% | 1.0% | 1.6x |
| 2021-02 | — | ₹125 cr | -35.1% | 1.0% | 1.6x |
| 2021-01 | — | ₹125 cr | -35.1% | 1.0% | 1.6x |
| 2020-12 | — | ₹125 cr | -35.1% | 1.0% | 1.6x |
| 2020-11 | — | ₹125 cr | -35.1% | 1.0% | 1.6x |
| 2020-10 | — | ₹125 cr | -35.1% | 1.0% | 1.6x |
| 2020-09 | — | ₹125 cr | -35.1% | 1.0% | 1.6x |
| 2020-08 | — | ₹125 cr | -35.1% | 1.0% | 1.6x |
| 2020-07 | — | ₹125 cr | -35.1% | 1.0% | 1.6x |
| 2020-06 | — | ₹125 cr | -35.1% | 1.0% | 1.6x |
| 2020-05 | 2.9x | ₹153 cr | 12.8% | 17.0% | 0.1x |
| 2020-04 | 3.7x | ₹153 cr | 12.8% | 17.0% | 0.1x |
| 2020-03 | 3.3x | ₹153 cr | 12.8% | 17.0% | 0.1x |
| 2020-02 | 5.5x | ₹153 cr | 12.8% | 17.0% | 0.1x |
| 2020-01 | 5.2x | ₹153 cr | 12.8% | 17.0% | 0.1x |
| 2019-12 | 4.1x | ₹153 cr | 12.8% | 17.0% | 0.1x |
| 2019-11 | 2.0x | ₹153 cr | 12.8% | 17.0% | 0.1x |
| 2019-10 | 3.9x | ₹153 cr | 12.8% | 17.0% | 0.1x |
| 2019-09 | 4.6x | ₹153 cr | 12.8% | 17.0% | 0.1x |
| 2019-08 | 3.9x | ₹153 cr | 12.8% | 17.0% | 0.1x |
| 2019-07 | 4.2x | ₹153 cr | 12.8% | 17.0% | 0.1x |
| 2019-06 | 7.3x | ₹153 cr | 12.8% | 17.0% | 0.1x |
| 2019-05 | 9.1x | ₹121 cr | 13.2% | 25.0% | 0.0x |