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SHREEOSWAL SEEDS AND CHEM LTD (OSWALSEEDS)

Process Industries

Quality scoreHow the business itself ranks against its sector peers on profitability, 3-year growth and leverage. 50 is the middle of the sector.46 / 100
Profitability 67Growth 57Balance sheet 13
Compare withPATANJALI FOODS LIMITEDGODREJ INDUSTRIES LIMITEDAWL AGRI BUSINESS LIMITED

Passes these screens: Value Pick

Share Price
₹10.90
P/E
8.2x
ROCE
14.0%
Market Cap
₹100 cr
Revenue (TTM)
₹267 cr
P/S
0.4x
P/B
2.0x
ROE
23.9%
Operating Margin
16.0%
Debt / Equity
1.2x
Promoter Holding
66.6%
12M Momentum
-26.9%
P/E vs its own history1st percentilesince Feb '19
P/E vs Process Industries0.5xthe sector median

52-week range

₹9.66₹20.28
12% of the way from its 52-week low to its high

Price risk

1Y volatility
49.8%
Beta vs sector
1-year daily
0.57

Balance sheet & cash

Interest cover
operating profit ÷ interest
5.3x
Cash from profit, 3Y
operating cash flow ÷ net profit
-0.71x
low
Share count, 1Y
unchanged

Was the rally earned?

-27%share price, 1 yearEarnings and multiple

Both mattered.

  • Per-share earnings took off 9 points and the multiple took off 18 points (P/E 10.1x to 8.2x).
  • The share count rose 4%.
1 year Net profit growth: -6 pts. Points of the price return explained by net profit growing (or shrinking).-6 ptsP/E change: -18 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.-18 ptsShare count change: -4 pts. Points of the price return explained by the share count changing. More shares count against the price.-4 pts -27% 1 year Net profit growth: -6 pts. Points of the price return explained by net profit growing (or shrinking).-6 ptsP/E change: -18 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.-18 ptsShare count change: -4 pts. Points of the price return explained by the share count changing. More shares count against the price. -27%
Net profit growth-6 ptsNet profit fell about 6%, which lowers the price.
P/E change-18 ptsThe P/E fell from 10.1x to 8.2x, which lowers the price.
Share count change-3 ptsShare count rose 4%, which lowers the price.
-81%share price, 3 yearsLower P/E held it back

Earnings helped, the multiple did not.

  • Per-share earnings added 38 points, but investors now pay less per rupee of profit (P/E 91.0x to 8.2x), which took 118 points back.
  • The share count fell 6%.
3 years Net profit growth: +35 pts. Points of the price return explained by net profit growing (or shrinking).+35 ptsP/E change: -118 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.-118 ptsShare count change: +3 pts. Points of the price return explained by the share count changing. More shares count against the price. -81% 3 years Net profit growth: +35 pts. Points of the price return explained by net profit growing (or shrinking).+35 ptsP/E change: -118 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.-118 ptsShare count change: +3 pts. Points of the price return explained by the share count changing. More shares count against the price. -81%
Net profit growth+35 ptsNet profit rose about 103%, which lifts the price.
P/E change-118 ptsThe P/E fell from 91.0x to 8.2x, which lowers the price.
Share count change+3 ptsShare count fell 6%, which lifts the price.
+35%share price, 5 yearsLower P/E held it back

Mostly yes, with a catch.

  • Per-share earnings added 140 points, but investors now pay less per rupee of profit (P/E 20.2x to 8.2x), which took 105 points back.
  • The share count rose 20%.
5 years Net profit growth: +161 pts. Points of the price return explained by net profit growing (or shrinking).+161 ptsP/E change: -105 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.-105 ptsShare count change: -21 pts. Points of the price return explained by the share count changing. More shares count against the price. +35% 5 years Net profit growth: +161 pts. Points of the price return explained by net profit growing (or shrinking).+161 ptsP/E change: -105 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.-105 ptsShare count change: -21 pts. Points of the price return explained by the share count changing. More shares count against the price. +35%
Net profit growth+161 ptsNet profit rose about 299%, which lifts the price.
P/E change-105 ptsThe P/E fell from 20.2x to 8.2x, which lowers the price.
Share count change-21 ptsShare count rose 20%, which lowers 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 PATANJALI FOODS

Is it expensive against its own past and its peers?

8.2xP/E todayNear its historic low
Against its own history1st percentileMedian 20.8x; usual range 12.4x to 82.8x since 2019-02.
Against Process Industries8.2x vs 18.0xBelow the Process Industries median.
6.7x41.4x76.1x110.8xFeb '19Sep '20Apr '22Nov '23Jun '25Oct '266.7x41.4x76.1x110.8xFeb '19Sep '21Apr '24Oct '26
P/E (this company)10th to 90th percentile of its own historyIts medianProcess Industries median

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

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P/S (this company)10th to 90th percentile of its own historyIts medianProcess Industries median
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.

All terms explained in the glossary →

How Process Industries is valued

What is the price implying?

~19%annual earnings growth implied by the price

At a P/E of 27.3x, the price would imply about 18.9%/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 Process Industries The market-wide Expectations lists

What changed?

  1. Sep '26Year-on-year EPS growth turned negative.
  2. Sep '26P/E fell below the 10th percentile of its own history to date (9.3x).
  3. Sep '26Moved into the 2nd quartile of Process Industries on operating margin (from the 3rd quartile).
  4. Aug '26Fell 85% from the May 2023 peak to the Aug 2026 low.
  5. Jun '26Moved into the 2nd quartile of Process Industries on ROCE (from the 3rd quartile).
  6. Jun '26Debt / equity rose above 1.0x (1.22x).
  7. Mar '26Moved into the 3rd quartile of Process Industries on operating margin (from the bottom quartile).
  8. Jan '26P/E fell below the 10th percentile of its own history to date (12.2x).
Show 22 earlier events
  1. Dec '25Slipped to the bottom quartile of Process Industries on operating margin (from the 2nd quartile).
  2. Sep '25P/E fell below the 10th percentile of its own history to date (10.1x).
  3. Sep '25Moved into the 2nd quartile of Process Industries on operating margin (from the 3rd quartile).
  4. Jun '25EPS (TTM) turned positive.
  5. Jun '25Moved into the 3rd quartile of Process Industries on ROCE (from the bottom quartile).
  6. Jun '25Debt / equity fell below 1.0x (0.98x).
  7. Mar '25Moved into the 2nd quartile of Process Industries on operating margin (from the bottom quartile).
  8. Dec '24Promoter holding fell 3.0 pts to 66.6%.
  9. Jun '24EPS (TTM) turned negative.
  10. Jun '24Slipped to the bottom quartile of Process Industries on ROCE (from the 2nd quartile).
  11. Jun '24Debt / equity rose above 1.0x (1.60x).
  12. Jun '24Share count is up 20.0% over 12 months.
  13. Sep '23P/E crossed above the 90th percentile of its own history to date (94.9x).
  14. Jun '23Revenue (TTM) reached a new high of ₹272 cr.
  15. Jun '23Moved into the 2nd quartile of Process Industries on ROCE (from the 3rd quartile).
  16. Jun '23Debt / equity fell below 1.0x (0.93x).
  17. Sep '22Regained the 2022-08 peak, 1 month after the low.
  18. Aug '22Regained the 2022-06 peak, 2 months after the low.
  19. Aug '22Fell 29% from the Aug 2022 peak to the Aug 2022 low.
  20. Jul '22P/E crossed above the 90th percentile of its own history to date (28.6x).
  21. Jun '22Revenue (TTM) reached a new high of ₹241 cr.
  22. Jun '22Regained the 2022-02 peak, 3 months after the 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?

3 of 6 checks are within range, 2 near a threshold, 1 beyond a threshold.
Tap a check to see how it is measured.

Other income reliance0%Within range

Other income as a share of pre-tax profit (trailing twelve months): 0.0%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate27%Within range

Median quarterly effective tax rate over about 2.5 years: 26.5%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion-0.71xBeyond threshold

Operating cash flow divided by net profit over the last three fiscal years: -0.71x (cash from operations ₹-5 cr, net profit ₹7 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+32 daysNear threshold

Debtor days are above the median of the previous three fiscal years by 32 days (51 vs 19). Bands: under 15 days, 15 to 45, over 45.

Capital work in progress13% of fixed assetsWithin range

Capital work-in-progress is 13% 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.

All terms explained in the glossary →

Who has been buying and selling?

  • Over 3 years, promoters trimmed 3.4 pts.
  • The number of shareholders rose from 4,089 to 23,737 (+481%) between Dec 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupDec '23Jun '26Change
Promoters70.0%66.6%-3.4 pts
FIIs0.0%0.0%0.0 pts
DIIs———
Public and others30.0%33.4%+3.3 pts

Number of shareholders

23,737shareholders+481% since Dec '23
4k12k21k29k Dec '23Jun '24Sep '24Dec '24Jun '26
Dec '23: 4,089
Jun '24: 10,792
Sep '24: 29,272
Dec '24: 27,610
Jun '26: 23,737
 4k12k21k29k Dec '23Sep '24Jun '26
Dec '23: 4,089
Jun '24: 10,792
Sep '24: 29,272
Dec '24: 27,610
Jun '26: 23,737

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

How rough has the ride been?

Maximum drawdown-85.0%not yet recovered
1-year volatility49.8%annualised

Monthly share price

₹3₹24₹45₹65 Feb '19Sep '20Apr '22Nov '23Jun '25Oct '26
2019-02: ₹4.05
2019-03: ₹4.65
2019-04: ₹4.40
2019-05: ₹4.15
2019-06: ₹4.35
2019-07: ₹3.45
2019-08: ₹4.60
2019-09: ₹4.75
2019-10: ₹4.00
2019-11: ₹4.65
2019-12: ₹4.70
2020-01: ₹4.45
2020-02: ₹5.05
2020-03: ₹3.85
2020-05: ₹4.65
2020-06: ₹5.85
2020-07: ₹6.60
2020-08: ₹6.15
2020-09: ₹7.10
2020-10: ₹7.90
2020-11: ₹6.80
2020-12: ₹6.90
2021-01: ₹7.60
2021-02: ₹5.35
2021-03: ₹5.10
2021-04: ₹6.30
2021-05: ₹6.60
2021-06: ₹6.40
2021-07: ₹7.30
2021-08: ₹5.90
2021-09: ₹6.15
2021-10: ₹8.10
2021-11: ₹8.15
2021-12: ₹7.00
2022-01: ₹12.35
2022-02: ₹16.60
2022-03: ₹9.50
2022-04: ₹12.00
2022-05: ₹16.50
2022-06: ₹14.25
2022-07: ₹16.85
2022-08: ₹13.10
2022-09: ₹25.35
2022-10: ₹29.50
2022-11: ₹38.00
2022-12: ₹39.65
2023-01: ₹44.65
2023-02: ₹64.10
2023-03: ₹54.10
2023-04: ₹65.40
2023-05: ₹62.75
2023-06: ₹60.85
2023-07: ₹55.45
2023-08: ₹50.45
2023-09: ₹58.85
2023-10: ₹56.40
2023-11: ₹50.90
2023-12: ₹47.30
2024-01: ₹46.15
2024-02: ₹42.20
2024-03: ₹29.10
2024-04: ₹30.60
2024-05: ₹25.60
2024-06: ₹27.04
2024-07: ₹26.57
2024-08: ₹36.56
2024-09: ₹24.70
2024-10: ₹22.87
2024-11: ₹21.55
2024-12: ₹19.40
2025-01: ₹17.68
2025-02: ₹12.93
2025-03: ₹11.64
2025-04: ₹14.13
2025-05: ₹14.17
2025-06: ₹14.19
2025-07: ₹12.38
2025-08: ₹16.59
2025-09: ₹14.95
2025-10: ₹14.90
2025-11: ₹13.82
2025-12: ₹17.09
2026-01: ₹13.43
2026-02: ₹13.07
2026-03: ₹10.43
2026-04: ₹12.31
2026-05: ₹11.00
2026-06: ₹10.83
2026-07: ₹10.76
2026-08: ₹11.75
2026-09: ₹12.34
2026-10: ₹10.90
 ₹3₹24₹45₹65 Feb '19Sep '21Apr '24Oct '26
2019-02: ₹4.05
2019-03: ₹4.65
2019-04: ₹4.40
2019-05: ₹4.15
2019-06: ₹4.35
2019-07: ₹3.45
2019-08: ₹4.60
2019-09: ₹4.75
2019-10: ₹4.00
2019-11: ₹4.65
2019-12: ₹4.70
2020-01: ₹4.45
2020-02: ₹5.05
2020-03: ₹3.85
2020-05: ₹4.65
2020-06: ₹5.85
2020-07: ₹6.60
2020-08: ₹6.15
2020-09: ₹7.10
2020-10: ₹7.90
2020-11: ₹6.80
2020-12: ₹6.90
2021-01: ₹7.60
2021-02: ₹5.35
2021-03: ₹5.10
2021-04: ₹6.30
2021-05: ₹6.60
2021-06: ₹6.40
2021-07: ₹7.30
2021-08: ₹5.90
2021-09: ₹6.15
2021-10: ₹8.10
2021-11: ₹8.15
2021-12: ₹7.00
2022-01: ₹12.35
2022-02: ₹16.60
2022-03: ₹9.50
2022-04: ₹12.00
2022-05: ₹16.50
2022-06: ₹14.25
2022-07: ₹16.85
2022-08: ₹13.10
2022-09: ₹25.35
2022-10: ₹29.50
2022-11: ₹38.00
2022-12: ₹39.65
2023-01: ₹44.65
2023-02: ₹64.10
2023-03: ₹54.10
2023-04: ₹65.40
2023-05: ₹62.75
2023-06: ₹60.85
2023-07: ₹55.45
2023-08: ₹50.45
2023-09: ₹58.85
2023-10: ₹56.40
2023-11: ₹50.90
2023-12: ₹47.30
2024-01: ₹46.15
2024-02: ₹42.20
2024-03: ₹29.10
2024-04: ₹30.60
2024-05: ₹25.60
2024-06: ₹27.04
2024-07: ₹26.57
2024-08: ₹36.56
2024-09: ₹24.70
2024-10: ₹22.87
2024-11: ₹21.55
2024-12: ₹19.40
2025-01: ₹17.68
2025-02: ₹12.93
2025-03: ₹11.64
2025-04: ₹14.13
2025-05: ₹14.17
2025-06: ₹14.19
2025-07: ₹12.38
2025-08: ₹16.59
2025-09: ₹14.95
2025-10: ₹14.90
2025-11: ₹13.82
2025-12: ₹17.09
2026-01: ₹13.43
2026-02: ₹13.07
2026-03: ₹10.43
2026-04: ₹12.31
2026-05: ₹11.00
2026-06: ₹10.83
2026-07: ₹10.76
2026-08: ₹11.75
2026-09: ₹12.34
2026-10: ₹10.90

Last 90 trading days

₹10₹12₹14₹16 Jun 23Jul 20Aug 13Sep 8Oct 6Oct 30
2026-06-23: ₹10.86
2026-06-25: ₹10.91
2026-06-30: ₹10.83
2026-07-02: ₹11.16
2026-07-06: ₹10.85
2026-07-08: ₹10.48
2026-07-10: ₹10.86
2026-07-14: ₹10.84
2026-07-16: ₹10.53
2026-07-20: ₹10.59
2026-07-22: ₹10.05
2026-07-24: ₹10.03
2026-07-28: ₹10.43
2026-07-30: ₹10.71
2026-08-03: ₹10.68
2026-08-05: ₹10.58
2026-08-07: ₹10.63
2026-08-11: ₹10.36
2026-08-13: ₹10.13
2026-08-17: ₹13.59
2026-08-19: ₹13.30
2026-08-21: ₹12.67
2026-08-25: ₹12.03
2026-08-27: ₹12.17
2026-08-31: ₹11.75
2026-09-02: ₹11.80
2026-09-04: ₹11.72
2026-09-08: ₹12.14
2026-09-10: ₹14.75
2026-09-15: ₹15.83
2026-09-17: ₹13.87
2026-09-21: ₹13.58
2026-09-23: ₹13.57
2026-09-25: ₹13.08
2026-09-29: ₹12.52
2026-10-01: ₹12.39
2026-10-06: ₹12.13
2026-10-08: ₹11.91
2026-10-12: ₹11.71
2026-10-14: ₹11.51
2026-10-16: ₹11.87
2026-10-21: ₹11.71
2026-10-23: ₹10.99
2026-10-27: ₹10.93
2026-10-29: ₹10.91
2026-10-30: ₹10.90
 ₹10₹12₹14₹16 Jun 23Aug 5Sep 17Oct 30
2026-06-23: ₹10.86
2026-06-25: ₹10.91
2026-06-30: ₹10.83
2026-07-02: ₹11.16
2026-07-06: ₹10.85
2026-07-08: ₹10.48
2026-07-10: ₹10.86
2026-07-14: ₹10.84
2026-07-16: ₹10.53
2026-07-20: ₹10.59
2026-07-22: ₹10.05
2026-07-24: ₹10.03
2026-07-28: ₹10.43
2026-07-30: ₹10.71
2026-08-03: ₹10.68
2026-08-05: ₹10.58
2026-08-07: ₹10.63
2026-08-11: ₹10.36
2026-08-13: ₹10.13
2026-08-17: ₹13.59
2026-08-19: ₹13.30
2026-08-21: ₹12.67
2026-08-25: ₹12.03
2026-08-27: ₹12.17
2026-08-31: ₹11.75
2026-09-02: ₹11.80
2026-09-04: ₹11.72
2026-09-08: ₹12.14
2026-09-10: ₹14.75
2026-09-15: ₹15.83
2026-09-17: ₹13.87
2026-09-21: ₹13.58
2026-09-23: ₹13.57
2026-09-25: ₹13.08
2026-09-29: ₹12.52
2026-10-01: ₹12.39
2026-10-06: ₹12.13
2026-10-08: ₹11.91
2026-10-12: ₹11.71
2026-10-14: ₹11.51
2026-10-16: ₹11.87
2026-10-21: ₹11.71
2026-10-23: ₹10.99
2026-10-27: ₹10.93
2026-10-29: ₹10.91
2026-10-30: ₹10.90

Drawdown from peak

0% -42% -85% Mar '19Dec '22Oct '26 0% -42% -85% Mar '19Dec '22Oct '26
Largest drawdowns

-85.0% (2023-05 peak to 2026-08 low, not yet recovered)

-44.6% (2020-10 peak to 2021-03 low, recovered 2021-11)

-42.8% (2022-02 peak to 2022-03 low, recovered 2022-06)

Where does it rank among Process Industries peers?

Each cell is the company's percentile rank among its Process Industries 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).

ROCE
Op. margin
Revenue growth
EPS growth
Debt/equity ↓
Cash cycle ↓
P/E ↓
12M momentum
Nov '21Jul '22Jan '23Jul '23Jan '24Jul '24Jan '25Jul '25Jan '26Oct '26
Lower rank Higher rank

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 Process Industries sector page Watch it move against Process Industries in the Observatory

What happened next to similar setups

−3.0%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 SHREEOSWAL SEEDS AND CHEM 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 −19% to +50% vs the market, against −2% for all non-financial companies in the same months.
  • The gap against the base rate (−1.3%, 80% range −8.9% to +2.2%) is within what chance and overlapping periods produce.

Where the 50 outcomes landed

−100%−50%0%+50%+100%
MANGALAM · Mar 2025: −62.5% vs market
BHARATGEAR · Aug 2023: −39.9% vs market
RANASUG · Aug 2023: −38.8% vs market
TNPL · Jul 2024: −34.7% vs market
KHAICHEM · Feb 2024: −30.1% vs market
VISHWARAJ · Apr 2023: −27.8% vs market
AMDIND · Mar 2024: −25.9% vs market
MADRASFERT · Mar 2025: −24.0% vs market
AVADHSUGAR · Jun 2024: −23.1% vs market
RGL · Jul 2022: −22.7% vs market
SALONA · Aug 2023: −22.5% vs market
SUKHJITS · Jun 2024: −21.8% vs market
UTTAMSUGAR · Jul 2025: −19.2% vs market
SCML · May 2025: −19.2% vs market
UNIVCABLES · Jul 2021: −13.0% vs market
IVP · Aug 2023: −12.4% vs market
SURYALAXMI · Sep 2022: −12.4% vs market
KMSUGAR · Feb 2023: −11.8% vs market
PRITIKAUTO · Jul 2025: −10.4% vs market
RELCHEMQ · May 2024: −9.9% vs market
UCAL · Dec 2022: −9.6% vs market
SANGAMIND · Nov 2023: −9.3% vs market
GEEKAYWIRE · Dec 2021: −5.9% vs market
MANGLMCEM · Jun 2022: −3.4% vs market
TBZ · Apr 2022: −3.1% vs market
HISARMETAL · Jun 2023: −2.9% vs market
BSL · Oct 2023: −2.4% vs market
MUNJALAU · May 2024: −1.6% vs market
KCPSUGIND · Sep 2021: −1.4% vs market
MANOMAY · May 2025: +2.7% vs market
HARRMALAYA · Mar 2023: +3.6% vs market
MAGADSUGAR · Mar 2024: +6.8% vs market
SPORTKING · Dec 2023: +7.8% vs market
NITINSPIN · Jan 2020: +21.2% vs market
JAYAGROGN · Mar 2020: +31.6% vs market
LAMBODHARA · Apr 2020: +45.1% vs market
WELENT · Jan 2022: +48.3% vs market
BIL · Feb 2021: +51.1% vs market
INDIAGLYCO · Apr 2021: +65.8% vs market
SHIVAMILLS · May 2020: +66.2% vs market
SPIC · Oct 2020: +67.2% vs market
PARACABLES · Jul 2020: +80.3% vs market
DCMSRIND · Jan 2023: +83.1% vs market
20MICRONS · Aug 2021: +90.2% vs market
MADHUSUDAN · Oct 2025: +105.7% vs market
BANSWRAS · Apr 2021: +106.4% vs market
SKMEGGPROD · Apr 2022: +116.6% vs market
INDSWFTLAB · Apr 2020: +135.6% vs market
REMSONSIND · Jun 2023: +194.9% vs market
HITECH · Oct 2020: +196.3% vs market
Similar setups −3.0%All companies −1.7%← 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 · 6 beyond the range shown, drawn at the edge

Similar setups' median
−3.0%
All companies' median
−1.7%
Beat the market
42% vs 48%

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

The closest matches

CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
RELCHEMQ
Process Industries		 May 2024 13x11% +22%−34% −10%
GEEKAYWIRE
Producer Manufacturing		 Dec 2021 13x13% +18%−28% −6%
KMSUGAR
Process Industries		 Feb 2023 6x15% −9%−40% −12%
HARRMALAYA
Process Industries		 Mar 2023 9x14% −19%−44% +4%
AVADHSUGAR
Process Industries		 Jun 2024 10x13% +18%−24% −23%
Show the other 3 matches
CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
LAMBODHARA
Process Industries		 Apr 2020 3x12% −43%−52% +45%
MADHUSUDAN
Consumer Non-Durables		 Oct 2025 12x— −24%−42% +106%
VISHWARAJ
Process Industries		 Apr 2023 5x13% −26%−30% −28%
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: P/S, ROCE and 12-month momentum. 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 SHREEOSWAL SEEDS AND CHEM 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 2026-10-30. 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: 97,430 company-months from 2000 companies; financial: 5,632 company-months from 106 companies. 2240 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.
Monthly history (93 months)
MonthP/ERevenue (TTM)ROEROCEDebt / Equity
2026-108.2x₹267 cr23.9%14.0%1.2x
2026-099.3x₹267 cr23.5%14.0%1.2x
2026-0814.9x₹248 cr13.7%14.0%1.2x
2026-0713.6x₹248 cr13.7%14.0%1.2x
2026-0613.7x₹248 cr13.7%14.0%1.2x
2026-0517.7x₹218 cr14.0%10.0%1.0x
2026-0419.9x₹218 cr14.0%10.0%1.0x
2026-0316.8x₹218 cr14.0%10.0%1.0x
2026-0211.9x₹238 cr23.3%10.0%1.0x
2026-0112.2x₹238 cr23.3%10.0%1.0x
2025-1215.5x₹238 cr23.3%10.0%1.0x
2025-119.3x₹267 cr30.2%10.0%1.0x
2025-1010.1x₹267 cr30.2%10.0%1.0x
2025-0910.1x₹267 cr30.2%10.0%1.0x
2025-0843.7x₹246 cr8.1%10.0%1.0x
2025-0732.6x₹246 cr8.1%10.0%1.0x
2025-0637.3x₹246 cr8.1%10.0%1.0x
2025-05—₹263 cr-1.4%1.0%1.6x
2025-04—₹263 cr-1.4%1.0%1.6x
2025-03—₹263 cr-1.4%1.0%1.6x
2025-02—₹265 cr-25.0%1.0%1.6x
2025-01—₹265 cr-25.0%1.0%1.6x
2024-12—₹265 cr-25.0%1.0%1.6x
2024-11—₹263 cr-22.5%1.0%1.6x
2024-10—₹263 cr-22.5%1.0%1.6x
2024-09—₹263 cr-22.5%1.0%1.6x
2024-08—₹269 cr-10.3%1.0%1.6x
2024-07—₹269 cr-10.3%1.0%1.6x
2024-06—₹269 cr-10.3%1.0%1.6x
2024-0541.3x₹272 cr13.6%14.0%0.9x
2024-0449.4x₹272 cr13.6%14.0%0.9x
2024-0346.9x₹272 cr13.6%14.0%0.9x
2024-0268.1x₹272 cr13.6%14.0%0.9x
2024-0174.4x₹272 cr13.6%14.0%0.9x
2023-1276.3x₹272 cr13.6%14.0%0.9x
2023-1182.1x₹272 cr13.6%14.0%0.9x
2023-1091.0x₹272 cr13.6%14.0%0.9x
2023-0994.9x₹272 cr13.6%14.0%0.9x
2023-0881.4x₹272 cr13.6%14.0%0.9x
2023-0789.4x₹272 cr13.6%14.0%0.9x
2023-0698.1x₹272 cr13.6%14.0%0.9x
2023-05106.4x₹241 cr13.2%13.0%1.1x
2023-04110.8x₹241 cr13.2%13.0%1.1x
2023-0391.7x₹241 cr13.2%13.0%1.1x
2023-02108.6x₹241 cr13.2%13.0%1.1x
2023-0175.7x₹241 cr13.2%13.0%1.1x
2022-1267.2x₹241 cr13.2%13.0%1.1x
2022-1164.4x₹241 cr13.2%13.0%1.1x
2022-1050.0x₹241 cr13.2%13.0%1.1x
2022-0943.0x₹241 cr13.2%13.0%1.1x
2022-0822.2x₹241 cr13.2%13.0%1.1x
2022-0728.6x₹241 cr13.2%13.0%1.1x
2022-0624.2x₹241 cr13.2%13.0%1.1x
2022-0541.3x₹161 cr9.2%11.0%1.3x
2022-0430.0x₹161 cr9.2%11.0%1.3x
2022-0323.8x₹161 cr9.2%11.0%1.3x
2022-0241.5x₹161 cr9.2%11.0%1.3x
2022-0130.9x₹161 cr9.2%11.0%1.3x
2021-1217.5x₹161 cr9.2%11.0%1.3x
2021-1120.4x₹161 cr9.2%11.0%1.3x
2021-1020.3x₹161 cr9.2%11.0%1.3x
2021-0915.4x₹161 cr9.2%11.0%1.3x
2021-0814.8x₹161 cr9.2%11.0%1.3x
2021-0718.3x₹161 cr9.2%11.0%1.3x
2021-0616.0x₹161 cr9.2%11.0%1.3x
2021-0520.0x₹117 cr8.7%12.0%1.0x
2021-0419.1x₹117 cr8.7%12.0%1.0x
2021-0315.5x₹117 cr8.7%12.0%1.0x
2021-0216.2x₹117 cr8.7%12.0%1.0x
2021-0123.0x₹117 cr8.7%12.0%1.0x
2020-1220.9x₹117 cr8.7%12.0%1.0x
2020-1120.6x₹117 cr8.7%12.0%1.0x
2020-1023.9x₹117 cr8.7%12.0%1.0x
2020-0921.5x₹117 cr8.7%12.0%1.0x
2020-0818.6x₹117 cr8.7%12.0%1.0x
2020-0720.0x₹117 cr8.7%12.0%1.0x
2020-0617.7x₹117 cr8.7%12.0%1.0x
2020-0515.0x₹126 cr9.1%14.0%0.9x
2020-04—————
2020-0312.4x₹126 cr9.1%14.0%0.9x
2020-0216.3x₹126 cr9.1%14.0%0.9x
2020-0114.4x₹126 cr9.1%14.0%0.9x
2019-1215.2x₹126 cr9.1%14.0%0.9x
2019-1115.0x₹126 cr9.1%14.0%0.9x
2019-1012.9x₹126 cr9.1%14.0%0.9x
2019-0915.3x₹126 cr9.1%14.0%0.9x
2019-0814.8x₹126 cr9.1%14.0%0.9x
2019-0711.1x₹126 cr9.1%14.0%0.9x
2019-0614.0x₹126 cr9.1%14.0%0.9x
2019-0523.1x₹18 cr8.4%—2.1x
2019-0424.4x₹18 cr8.4%—2.1x
2019-0325.8x₹18 cr8.4%—2.1x
2019-0222.5x₹18 cr8.4%—2.1x

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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