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PAGE INDUSTRIES LTD (PAGEIND)

Consumer Non-Durables · Apparel/Footwear · 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.70 / 100
Profitability 88Growth 48Balance sheet 73
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.52 / 100
Price 50Earnings 48FII/DII 57

Passes these screensQuality CompounderDebt-light & profitable

Compare withKPR MILLPEARL GLOBAL INDUSTRIESBATA INDIA

Share price

Closing priceAdjusted for splits and bonus issues.

₹36,380 latest close · −15.0% over the last 90 sessions

₹35,000₹40,000Jul 3Jul 29Aug 24Sep 17Oct 14Nov 9 ₹35,000₹40,000Jul 3Sep 4Nov 9

₹36,380 month-end · −5.1% over 12 months

₹35,000₹40,000Nov '25Jan '26Apr '26Jun '26Sep '26Nov '26 ₹35,000₹40,000Nov '25May '26Nov '26

₹36,380 month-end · −2.4% over 3 years

₹40,000₹50,000Nov '23Jun '24Jan '25Sep '25Apr '26Nov '26 ₹40,000₹50,000Nov '23May '25Nov '26

₹36,380 month-end · +55.7% since Jan '19

₹20,000₹40,000Jan '19Aug '20Mar '22Sep '23Apr '25Nov '26 ₹20,000₹40,000Jan '19Dec '22Nov '26

52-week range ₹29805.00 to ₹43855.00 · 1-year volatility 24.7%

Was the rally earned?

-5%share price, 1 yearMultiple-driven

Mostly the multiple.

  • Most of the fall came from investors paying a lower multiple (P/E 55.9x to 53.7x); per-share earnings took off 1 point.
  • The share count barely moved.
Net profit growth: −1 pts. Points of the price return explained by net profit growing (or shrinking).−1 ptsNet profit growthP/E change: −4 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−4 ptsP/E changeShare price: −5%−5%Share priceNet profit growth: −1 pts. Points of the price return explained by net profit growing (or shrinking).−1ProfitP/E change: −4 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−4P/EShare price: −5%−5%Share price
Net profit growth-1 ptsNet profit fell about 1%, which lowers the price.
P/E change-4 ptsThe P/E fell from 55.9x to 53.7x, which lowers the price.
Share count change0 ptsShare count was little changed. More shares would count against the price.
-2%share price, 3 yearsRoughly flat
  • The share price was roughly flat over 3 years (-2%).
  • The share count barely moved.
Net profit growth: +28 pts. Points of the price return explained by net profit growing (or shrinking).+28 ptsNet profit growthP/E change: −30 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−30 ptsP/E changeShare price: −2%−2%Share priceNet profit growth: +28 pts. Points of the price return explained by net profit growing (or shrinking).+28ProfitP/E change: −30 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−30P/EShare price: −2%−2%Share price
Net profit growth+28 ptsNet profit rose about 32%, which lifts the price.
P/E change-30 ptsThe P/E fell from 72.8x to 53.7x, which lowers the price.
Share count change0 ptsShare count was little changed. More shares would count against the price.
-5%share price, 5 yearsLower P/E held it back

Earnings helped, the multiple did not.

  • Per-share earnings added 78 points, but investors now pay less per rupee of profit (P/E 125.7x to 53.7x), which took 83 points back.
  • The share count barely moved.
Net profit growth: +78 pts. Points of the price return explained by net profit growing (or shrinking).+78 ptsNet profit growthP/E change: −83 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−83 ptsP/E changeShare count change: 0 pts. Points of the price return explained by the share count changing. More shares count against the price.0 ptsShare count changeShare price: −5%−5%Share priceNet profit growth: +78 pts. Points of the price return explained by net profit growing (or shrinking).+78ProfitP/E change: −83 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−83P/EShare count change: 0 pts. Points of the price return explained by the share count changing. More shares count against the price.0SharesShare price: −5%−5%Share price
Net profit growth+78 ptsNet profit rose about 122%, which lifts the price.
P/E change-83 ptsThe P/E fell from 125.7x to 53.7x, which lowers the price.
Share count change0 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 KPR MILL

How rough has the ride been?

Maximum drawdown-43.9%not yet recovered
1-year volatility24.7%annualised
Beta vs sector index0.693-year daily, correlation 0.38
Volume spikes0last 90 sessions, 5x the 50-day median

Drawdown from peak

0%−20%−40%2020202120222023202420252026−43.7% 0%−20%−40%2020202220242026−43.7%
Largest drawdowns

-43.9% (2022-10 peak to 2026-03 low, not yet recovered)

-37.3% (2020-01 peak to 2020-04 low, recovered 2020-12)

-30.9% (2019-04 peak to 2019-09 low, recovered 2019-10)

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?

53.7xP/E todayNear its historic low
Against its own history13th percentile
CheapestMedian 74.2xDearest

Usual range 53.1x to 104.7x since 2019-01.

Against Consumer Non-Durables53.7x vs 26.8x
This company
53.7x
Sector median
26.8x

100% above the Consumer Non-Durables median.

14.2x59.2x104.2x149.3xJan '19Aug '20Mar '22Oct '23May '25Nov '2614.2x59.2x104.2x149.3xJan '19Sep '21May '24Nov '26
P/E (this company)10th to 90th percentile of its own historyIts medianConsumer Non-Durables median

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P/B (this company)10th to 90th percentile of its own historyIts medianConsumer Non-Durables median

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P/S (this company)10th to 90th percentile of its own historyIts medianConsumer Non-Durables 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 Consumer Non-Durables is valued

Where does it rank among Consumer Non-Durables peers?

Each cell is the company's percentile rank among its Consumer Non-Durables 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

  • ROCE97thflat vs a year ago
  • Op. margin80th▼ 5 pts vs a year ago
  • Revenue growth50th▲ 5 pts vs a year ago
  • EPS growth30th▼ 54 pts vs a year ago
  • Debt/equity ↓61stflat vs a year ago
  • Cash cycle ↓49th▼ 5 pts vs a year ago
  • P/E ↓24th▼ 4 pts vs a year ago
  • 12M momentum61st▲ 14 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 Consumer Non-Durables sector page Watch it move against Consumer Non-Durables in the Observatory

What is the price implying?

~26%annual earnings growth implied by the priceAbove delivered growth

At normalised P/E (five-year average earnings) of 64.1x, a holder earning 12%/yr needs earnings to grow about 26.0%/yr for 10 years, then trade at 15x.

Delivered10.8%/yrEPS, last 10 fiscal years · 3-yr avg to 3-yr avg
Gap+15.2 ptsimplied minus delivered
Rank224thmost demanding of 856

Over time

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

0%19%39% Jan 2019Nov 2026 0%19%39% Jan 2019Nov 2026

Change the assumptions

Exit P/E / return11%12%13%
12x27.1%28.3%29.4%
15x24.8%26.0%27.1%
20x21.8%22.9%24.0%

Drag a slider to test other assumptions

Implied: 26.0%/yr

Looking back

  • Jan 2020Price implied 29%/yr; EPS has since grown 10%/yr (7.0 yrs)
  • Jan 2021Price implied 32%/yr; EPS has since grown 14%/yr (6.0 yrs)
  • Jan 2022Price implied 38%/yr; EPS has since grown 18%/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 Consumer Non-Durables The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov
₹36380.00
P/E
53.7x
ROCE
64.0%
Market Cap
₹40578 cr
Revenue (TTM)
₹5351 cr
P/S
7.6x
P/B
27.0x
ROE
50.3%
Operating Margin
20.0%
Debt / Equity
0.2x
Promoter Holding
42.9%
12M Momentum
-5.1%

52-week range

₹29805.00₹43855.00
47% of the way from its 52-week low to its high

Price risk

1Y volatility
24.7%
Beta vs sector
1-year daily
0.61

Balance sheet & cash

Interest cover
operating profit ÷ interest
21.3x
Cash from profit, 3Y
operating cash flow ÷ net profit
1.49x
Share count, 1Y
unchanged

Are profits backed by cash?

7 of 7checks within rangeAll clear
Other income reliance2%Within range

Other income as a share of pre-tax profit (trailing twelve months): 2.4%. 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 conversion1.49xWithin range

Operating cash flow divided by net profit over the last three fiscal years: 1.49x (cash from operations ₹3,078 cr, net profit ₹2,062 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+1 daysWithin range

Debtor days are above the median of the previous three fiscal years by 1 days (14 vs 13). 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+23 days / 2 yrsWithin range

Days payable changed by +23 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 10.0 pts; FIIs trimmed 3.1 pts; promoters trimmed 2.2 pts.
  • The number of shareholders fell from 98,082 to 52,623 (-46%) between Sep 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupSep '23Jun '26Change
Promoters45.1%42.9%-2.2 pts
FIIs22.0%18.9%-3.1 pts
DIIs22.9%32.9%+10.0 pts
Public and others9.3%4.6%-4.8 pts

Number of shareholders

52,623shareholders-46% since Sep '23
47k64k81k98k Sep '23Jun '24Mar '25Dec '25Jun '26
Sep '23: 98,082
Dec '23: 92,192
Mar '24: 84,513
Jun '24: 69,796
Sep '24: 57,515
Dec '24: 52,181
Mar '25: 50,905
Jun '25: 48,076
Sep '25: 47,103
Dec '25: 54,428
Mar '26: 57,225
Jun '26: 52,623
 47k64k81k98k Sep '23Sep '24Sep '25Jun '26
Sep '23: 98,082
Dec '23: 92,192
Mar '24: 84,513
Jun '24: 69,796
Sep '24: 57,515
Dec '24: 52,181
Mar '25: 50,905
Jun '25: 48,076
Sep '25: 47,103
Dec '25: 54,428
Mar '26: 57,225
Jun '26: 52,623

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

−11.1%typical 12-month return vs the marketBelow the base rate
  • We found 50 past situations where a non-financial company looked like PAGE INDUSTRIES 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 −21% to +7% vs the market, against −4% for all non-financial companies in the same months.
  • The analogs' median sat below that base rate (gap −7.0%, 80% range −14.8% to −2.4%), but the matches cluster in only 6 distinct 12-month windows.

Where the 50 outcomes landed

−60%−40%−20%0%+20%+40%+60%
MANYAVAR · Dec 2024: −57.2% vs market
KPITTECH · Oct 2025: −52.0% vs market
SANOFI · Jun 2025: −46.6% vs market
IRCTC · Oct 2025: −35.9% vs market
MARICO · Apr 2023: −29.4% vs market
PGHL · Apr 2023: −28.7% vs market
CAMPUS · Oct 2025: −27.9% vs market
ACCELYA · Sep 2020: −25.2% vs market
SANOFICONR · Oct 2025: −24.9% vs market
SUMICHEM · Nov 2022: −24.8% vs market
EMAMILTD · Sep 2024: −23.9% vs market
LTTS · Dec 2023: −23.3% vs market
GLAXO · May 2022: −20.9% vs market
RELAXO · Jul 2021: −20.6% vs market
OFSS · Jun 2020: −20.4% vs market
UBL · Apr 2020: −19.2% vs market
MSUMI · May 2023: −18.6% vs market
ORIENTELEC · Sep 2021: −18.0% vs market
ALKYLAMINE · May 2025: −17.0% vs market
DEEPAKNTR · Sep 2021: −15.7% vs market
DABUR · Nov 2020: −15.6% vs market
HONAUT · Sep 2020: −14.3% vs market
COHANCE · Jun 2022: −12.5% vs market
BERGEPAINT · Sep 2025: −12.1% vs market
ABBOTINDIA · Aug 2023: −11.3% vs market
BRITANNIA · Jul 2025: −10.9% vs market
TCS · Jul 2022: −9.7% vs market
FINEORG · Jul 2020: −8.9% vs market
ASIANPAINT · Apr 2025: −5.5% vs market
CAMS · Mar 2023: −3.4% vs market
CUMMINSIND · Jul 2024: −2.0% vs market
HAVELLS · May 2022: −0.3% vs market
EICHERMOT · Apr 2020: +3.1% vs market
3MINDIA · Apr 2025: +3.7% vs market
BIKAJI · Aug 2024: +3.9% vs market
PIDILITIND · Jul 2025: +6.6% vs market
BLUEJET · Nov 2024: +7.2% vs market
UNITDSPR · Jul 2025: +7.4% vs market
CRISIL · Aug 2022: +10.5% vs market
PGHH · Sep 2022: +11.4% vs market
INGERRAND · Oct 2025: +11.4% vs market
KIMS · Feb 2023: +12.4% vs market
NESTLEIND · May 2025: +16.1% vs market
SUPREMEIND · Jun 2020: +17.4% vs market
LALPATHLAB · Jun 2025: +17.5% vs market
GILLETTE · Sep 2024: +21.2% vs market
CROMPTON · Jul 2020: +27.4% vs market
CGPOWER · Oct 2023: +29.6% vs market
SFL · Nov 2020: +50.9% vs market
INOXINDIA · Jun 2025: +58.9% vs market
Similar setups −11.1%All companies −4.1%← 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

Similar setups' median
−11.1%
All companies' median
−4.1%
Beat the market
36% vs 46%

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

The closest matches

CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
MARICO
Consumer Non-Durables		 Apr 2023 52x43% −5%−10% −29%
CROMPTON
Producer Manufacturing		 Jul 2020 31x35% +6%−16% +27%
BRITANNIA
Consumer Non-Durables		 Jul 2025 64x53% 0%−11% −11%
ABBOTINDIA
Health Technology		 Aug 2023 51x41% +23%−6% −11%
NESTLEIND
Consumer Non-Durables		 May 2025 77x— +2%−13% +16%
Show the other 3 matches
CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
CAMS
Technology Services		 Mar 2023 35x56% −12%−24% −3%
MSUMI
Producer Manufacturing		 May 2023 62x88% +24%−11% −19%
ALKYLAMINE
Process Industries		 May 2025 49x41% +3%−19% −17%
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 PAGE INDUSTRIES 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 2026-11-09. 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.

ASIAN PAINTS INDIAASIANPAINT
Process Industries
73%similar
volatilitydebt/equity
KAJARIA CERAMICSKAJARIACER
Producer Manufacturing
72%similar
operating marginrevenue
SUNDRAM FASTENERSSUNDRMFAST
Producer Manufacturing
68%similar
revenue growthvolatility
TECH MAHINDRATECHM
Technology Services
65%similar
revenue growthpromoter holding
ELGI EQUIPMENTSELGIEQUIP
Producer Manufacturing
64%similar
debt/equityrevenue
BRITANNIA INDUSTRIESBRITANNIA
Consumer Non-Durables
77%similar
ROCEvolatility
GODREJ CONSUMER PRODUCTSGODREJCP
Consumer Non-Durables
66%similar
volatilityoperating margin
UNITED SPIRITSUNITDSPR
Consumer Non-Durables
65%similar
P/Evolatility

Similarity is statistical, based on reported metrics; it does not imply similar business quality or future returns.

What changed?

30 events since Jun '20

  1. SepResultsYear-on-year EPS growth turned negative.
  2. AugValuationP/E fell below the 10th percentile of its own history to date (52.3x).
  3. JunPeer rankSlipped to the 3rd quartile of Consumer Non-Durables on EPS growth (from the 2nd quartile).
  4. MayPriceVolume reached 7.4x its 50-day median on 2026-05-22; price +2.8% that day.
  5. MarPriceFell 44% from the Oct 2022 peak to the Mar 2026 low.
  6. DecPeer rankSlipped to the 2nd quartile of Consumer Non-Durables on EPS growth (from the top quartile).
  7. DecPriceVolume reached 10.0x its 50-day median on 2025-12-12; price -0.4% that day.
  8. SepValuationP/E fell below the 10th percentile of its own history to date (59.3x).
Show 22 earlier events
  1. JunPeer rankMoved into the top quartile of Consumer Non-Durables on EPS growth (from the 2nd quartile).
  2. MarInstitutionsFII + DII holding rose 3.5 pts over 2 quarters to 51.4%.
  3. DecResultsRevenue (TTM) reached a new high of ₹4,742 cr.
  4. NovPriceVolume reached 9.5x its 50-day median on 2024-11-08; price +6.5% that day.
  5. SepResultsYear-on-year EPS growth turned positive.
  6. SepPeer rankMoved into the top quartile of Consumer Non-Durables on operating margin (from the 2nd quartile).
  7. JunResultsYear-on-year EPS growth turned negative.
  8. JunPeer rankSlipped to the 3rd quartile of Consumer Non-Durables on EPS growth (from the 2nd quartile).
  9. JanPriceVolume reached 5.1x its 50-day median on 2024-01-16; price +1.7% that day.
  10. SepPriceVolume reached 6.4x its 50-day median on 2023-09-28; price +0.2% that day.
  11. JunResultsRevenue (TTM) reached a new high of ₹4,714 cr.
  12. MayPriceVolume reached 22.2x its 50-day median on 2023-05-26; price -8.8% that day.
  13. MarPriceVolume reached 6.9x its 50-day median on 2023-03-29; price +0.7% that day.
  14. JunResultsYear-on-year EPS growth turned positive.
  15. JunPeer rankMoved into the 2nd quartile of Consumer Non-Durables on EPS growth (from the 3rd quartile).
  16. MayPriceVolume reached 5.1x its 50-day median on 2022-05-27; price +6.4% that day.
  17. OctPriceVolume reached 5.2x its 50-day median on 2021-10-07; price +9.6% that day.
  18. JanValuationP/E crossed above the 90th percentile of its own history to date (88.3x).
  19. DecPriceRegained the 2020-01 peak, 8 months after the low.
  20. DecPriceVolume reached 5.8x its 50-day median on 2020-12-17; price +5.2% that day.
  21. SepPriceVolume reached 5.9x its 50-day median on 2020-09-04; price -3.4% that day.
  22. JunResultsYear-on-year EPS growth turned negative.

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
MonthP/ERevenue (TTM)ROEROCEDebt / Equity
2026-1153.7x₹5351 cr50.3%64.0%0.2x
2026-1050.9x₹5351 cr50.4%64.0%0.2x
2026-0953.7x₹5351 cr50.4%64.0%0.2x
2026-0852.3x₹5248 cr50.9%64.0%0.2x
2026-0759.0x₹5248 cr50.9%64.0%0.2x
2026-0660.4x₹5248 cr50.9%64.0%0.2x
2026-0556.9x₹5093 cr53.3%59.0%0.2x
2026-0454.8x₹5093 cr53.3%59.0%0.2x
2026-0347.3x₹5093 cr53.3%59.0%0.2x
2026-0246.9x₹5019 cr54.4%59.0%0.2x
2026-0148.2x₹5019 cr54.4%59.0%0.2x
2025-1252.6x₹5019 cr54.4%59.0%0.2x
2025-1155.9x₹4974 cr54.4%59.0%0.2x
2025-1060.1x₹4974 cr54.4%59.0%0.2x
2025-0959.3x₹4974 cr54.4%59.0%0.2x
2025-0867.8x₹4935 cr51.8%59.0%0.2x
2025-0774.7x₹4935 cr51.8%59.0%0.2x
2025-0675.6x₹4935 cr51.8%59.0%0.2x
2025-0576.8x₹4829 cr42.1%45.0%0.1x
2025-0475.6x₹4829 cr42.1%45.0%0.1x
2025-0370.7x₹4829 cr42.1%45.0%0.1x
2025-0272.8x₹4742 cr38.8%45.0%0.1x
2025-0180.3x₹4742 cr38.8%45.0%0.1x
2024-1285.3x₹4742 cr38.8%45.0%0.1x
2024-1186.4x₹4621 cr36.0%45.0%0.1x
2024-1083.6x₹4621 cr36.0%45.0%0.1x
2024-0983.1x₹4621 cr36.0%45.0%0.1x
2024-0883.3x₹4572 cr35.6%45.0%0.1x
2024-0783.1x₹4572 cr35.6%45.0%0.1x
2024-0676.6x₹4572 cr35.6%45.0%0.1x
2024-0570.2x₹4714 cr41.6%54.0%0.3x
2024-0467.9x₹4714 cr41.6%54.0%0.3x
2024-0367.3x₹4714 cr41.6%54.0%0.3x
2024-0267.0x₹4714 cr41.6%54.0%0.3x
2024-0172.9x₹4714 cr41.6%54.0%0.3x
2023-1275.2x₹4714 cr41.6%54.0%0.3x
2023-1172.8x₹4714 cr41.6%54.0%0.3x
2023-1073.8x₹4714 cr41.6%54.0%0.3x
2023-0976.1x₹4714 cr41.6%54.0%0.3x
2023-0878.4x₹4714 cr41.6%54.0%0.3x
2023-0773.8x₹4714 cr41.6%54.0%0.3x
2023-0673.5x₹4714 cr41.6%54.0%0.3x
2023-0580.6x₹3886 cr49.4%67.0%0.1x
2023-0483.8x₹3886 cr49.4%67.0%0.1x
2023-0378.8x₹3886 cr49.4%67.0%0.1x
2023-0278.9x₹3886 cr49.4%67.0%0.1x
2023-0183.2x₹3886 cr49.4%67.0%0.1x
2022-1289.1x₹3886 cr49.4%67.0%0.1x
2022-1198.6x₹3886 cr49.4%67.0%0.1x
2022-10103.5x₹3886 cr49.4%67.0%0.1x
2022-09105.3x₹3886 cr49.4%67.0%0.1x
2022-08106.1x₹3886 cr49.4%67.0%0.1x
2022-07101.6x₹3886 cr49.4%67.0%0.1x
2022-0683.5x₹3886 cr49.4%67.0%0.1x
2022-05148.0x₹2833 cr38.5%48.0%0.1x
2022-04149.3x₹2833 cr38.5%48.0%0.1x
2022-03141.4x₹2833 cr38.5%48.0%0.1x
2022-02138.4x₹2833 cr38.5%48.0%0.1x
2022-01138.9x₹2833 cr38.5%48.0%0.1x
2021-12132.4x₹2833 cr38.5%48.0%0.1x
2021-11125.7x₹2833 cr38.5%48.0%0.1x
2021-10123.3x₹2833 cr38.5%48.0%0.1x
2021-09103.8x₹2833 cr38.5%48.0%0.1x
2021-08103.2x₹2833 cr38.5%48.0%0.1x
2021-07103.2x₹2833 cr38.5%48.0%0.1x
2021-0696.7x₹2833 cr38.5%48.0%0.1x
2021-0599.7x₹2946 cr41.8%53.0%0.2x
2021-0496.4x₹2946 cr41.8%53.0%0.2x
2021-0398.5x₹2946 cr41.8%53.0%0.2x
2021-0291.3x₹2946 cr41.8%53.0%0.2x
2021-0188.3x₹2946 cr41.8%53.0%0.2x
2020-1289.7x₹2946 cr41.8%53.0%0.2x
2020-1173.9x₹2946 cr41.8%53.0%0.2x
2020-1065.2x₹2946 cr41.8%53.0%0.2x
2020-0969.3x₹2946 cr41.8%53.0%0.2x
2020-0861.7x₹2946 cr41.8%53.0%0.2x
2020-0764.4x₹2946 cr41.8%53.0%0.2x
2020-0664.7x₹2946 cr41.8%53.0%0.2x
2020-0553.4x₹2852 cr50.8%69.0%0.1x
2020-0451.5x₹2852 cr50.8%69.0%0.1x
2020-0348.0x₹2852 cr50.8%69.0%0.1x
2020-0262.7x₹2852 cr50.8%69.0%0.1x
2020-0169.2x₹2852 cr50.8%69.0%0.1x
2019-1266.2x₹2852 cr50.8%69.0%0.1x
2019-1162.4x₹2852 cr50.8%69.0%0.1x
2019-1072.9x₹2852 cr50.8%69.0%0.1x
2019-0963.8x₹2852 cr50.8%69.0%0.1x
2019-0852.8x₹2852 cr50.8%69.0%0.1x
2019-0751.5x₹2852 cr50.8%69.0%0.1x
2019-0658.3x₹2852 cr50.8%69.0%0.1x
2019-0563.5x₹2551 cr41.0%64.0%0.1x
2019-0474.2x₹2551 cr41.0%64.0%0.1x
2019-0380.3x₹2551 cr41.0%64.0%0.1x
2019-0271.6x₹2551 cr41.0%64.0%0.1x
2019-0175.1x₹2551 cr41.0%64.0%0.1x

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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