अApnaFunda

PARAMOUNT COMMUNICATIONS LTD (PARACABLES)

Producer Manufacturing · Electrical Products · 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.54 / 100
Profitability 30Growth 55Balance sheet 78
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.50 / 100
Price 51Earnings 38FII/DII 59

Passes these screensHigh Momentum

Share price

Closing priceAdjusted for splits and bonus issues.

₹63.66 latest close · −10.5% over the last 90 sessions

₹60₹70Jul 3Jul 29Aug 24Sep 17Oct 14Nov 9 ₹60₹70Jul 3Sep 4Nov 9

₹63.66 month-end · +61.4% over 12 months

₹40₹60Nov '25Jan '26Apr '26Jun '26Sep '26Nov '26 ₹40₹60Nov '25May '26Nov '26

₹63.66 month-end · −1.5% over 3 years

₹25₹50₹75₹100Nov '23Jun '24Jan '25Sep '25Apr '26Nov '26 ₹25₹50₹75₹100Nov '23May '25Nov '26

₹63.66 month-end · +439.5% since Jan '19

₹0₹50₹100Jan '19Aug '20Mar '22Sep '23Apr '25Nov '26 ₹0₹50₹100Jan '19Dec '22Nov '26

52-week range ₹28.30 to ₹75.70 · 1-year volatility 62.1%

Was the rally earned?

+61%share price, 1 yearMultiple-driven

Partly.

  • Most of the rise came from investors paying a higher multiple (P/E 15.0x to 31.8x); per-share earnings took off 35 points.
  • The share count rose 3%.
Net profit growth: −32 pts. Points of the price return explained by net profit growing (or shrinking).−32 ptsNet profit growthP/E change: +97 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+97 ptsP/E changeShare count change: −3 pts. Points of the price return explained by the share count changing. More shares count against the price.−3 ptsShare count changeShare price: +61%+61%Share priceNet profit growth: −32 pts. Points of the price return explained by net profit growing (or shrinking).−32ProfitP/E change: +97 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+97P/EShare count change: −3 pts. Points of the price return explained by the share count changing. More shares count against the price.−3SharesShare price: +61%+61%Share price
Net profit growth-32 ptsNet profit fell about 22%, which lowers the price.
P/E change+97 ptsThe P/E rose from 15.0x to 31.8x, which lifts the price.
Share count change-3 ptsShare count rose 3%, which lowers the price.
-2%share price, 3 yearsRoughly flat
  • The share price was roughly flat over 3 years (-2%).
  • The share count rose 60%.
Net profit growth: +26 pts. Points of the price return explained by net profit growing (or shrinking).+26 ptsNet profit growthP/E change: +19 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+19 ptsP/E changeShare count change: −46 pts. Points of the price return explained by the share count changing. More shares count against the price.−46 ptsShare count changeShare price: −1%−1%Share priceNet profit growth: +26 pts. Points of the price return explained by net profit growing (or shrinking).+26ProfitP/E change: +19 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+19P/EShare count change: −46 pts. Points of the price return explained by the share count changing. More shares count against the price.−46SharesShare price: −1%−1%Share price
Net profit growth+26 ptsNet profit rose about 30%, which lifts the price.
P/E change+19 ptsThe P/E rose from 26.3x to 31.8x, which lifts the price.
Share count change-46 ptsShare count rose 60%, which lowers the price.
+521%share price, 5 yearsLower P/E held it back

Mostly yes, with a catch.

  • Per-share earnings added 721 points, but investors now pay less per rupee of profit (P/E 64.1x to 31.8x), which took 200 points back.
  • The share count rose 67%.
Net profit growth: +866 pts. Points of the price return explained by net profit growing (or shrinking).+866 ptsNet profit growthP/E change: −200 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−200 ptsP/E changeShare count change: −146 pts. Points of the price return explained by the share count changing. More shares count against the price.−146 ptsShare count changeShare price: +521%+521%Share priceNet profit growth: +866 pts. Points of the price return explained by net profit growing (or shrinking).+866ProfitP/E change: −200 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−200P/EShare count change: −146 pts. Points of the price return explained by the share count changing. More shares count against the price.−146SharesShare price: +521%+521%Share price
Net profit growth+866 ptsNet profit rose about 1983%, which lifts the price.
P/E change-200 ptsThe P/E fell from 64.1x to 31.8x, which lowers the price.
Share count change-146 ptsShare count rose 67%, 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 BHARAT HEAVY ELECTRICALS

How rough has the ride been?

Maximum drawdown-75.1%not yet recovered
1-year volatility62.1%annualised
Beta vs sector index1.433-year daily, correlation 0.53
Volume spikes4last 90 sessions, 5x the 50-day median

Drawdown from peak

0%−20%−40%−60%2020202120222023202420252026−73.2% 0%−20%−40%−60%2020202220242026−73.2%
Largest drawdowns

-75.1% (2024-01 peak to 2026-03 low, not yet recovered)

-62.4% (2019-05 peak to 2020-03 low, recovered 2021-06)

-58.5% (2021-07 peak to 2022-03 low, recovered 2022-09)

Most recent volume spikes

2026-11-05: 6.1x the 50-day median, price +5.9% that day

2026-10-27: 28.5x the 50-day median, price +9.9% that day

2026-10-19: 15.3x the 50-day median, price +9.4% 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?

31.8xP/E todayWithin its usual range
Against its own history68th percentile
CheapestMedian 21.3xDearest

Usual range 4.9x to 77.7x since 2019-01.

Against Producer Manufacturing31.8x vs 29.6x
This company
31.8x
Sector median
29.6x

8% above the Producer Manufacturing median.

3.6x39.2x74.7x110.3xJan '19Aug '20Mar '22Oct '23May '25Nov '263.6x39.2x74.7x110.3xJan '19Sep '21May '24Nov '26
P/E (this company)10th to 90th percentile of its own historyIts medianProducer Manufacturing median

The chart loads when you open this tab.

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

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P/S (this company)10th to 90th percentile of its own historyIts medianProducer Manufacturing 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 Producer Manufacturing is valued

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).

Where it ranks today

  • ROCE36th▼ 14 pts vs a year ago
  • Op. margin23rd▲ 13 pts vs a year ago
  • Revenue growth55th▼ 37 pts vs a year ago
  • EPS growth20th▼ 3 pts vs a year ago
  • Debt/equity ↓60th▼ 18 pts vs a year ago
  • Cash cycle ↓54thflat vs a year ago
  • P/E ↓46th▼ 42 pts vs a year ago
  • 12M momentum89th▲ 79 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 Producer Manufacturing sector page Watch it move against Producer Manufacturing in the Observatory

What is the price implying?

~21%annual earnings growth implied by the priceAbove delivered growth

At normalised P/E (five-year average earnings) of 33.6x, a holder earning 12%/yr needs earnings to grow about 21.4%/yr for 10 years, then trade at 15x.

Delivered9.9%/yrEPS, last 10 fiscal years · 3-yr avg to 3-yr avg
Gap+11.5 ptsimplied minus delivered
Rank291stmost demanding of 856

Over time

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

-3%16%34% Jan 2019Nov 2026 -3%16%34% Jan 2019Nov 2026

Change the assumptions

Exit P/E / return11%12%13%
12x23.0%24.1%25.3%
15x20.3%21.4%22.5%
20x16.9%18.0%19.0%

Drag a slider to test other assumptions

Implied: 21.4%/yr

Looking back

  • Jan 2020Price implied −0%/yr; EPS has since grown 2%/yr (7.0 yrs)
  • Jan 2021Price implied 2%/yr; EPS has since grown 6%/yr (6.0 yrs)
  • Jan 2022Price implied 11%/yr; EPS has since grown 67%/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 Producer Manufacturing The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov
₹63.66
P/E
31.8x
ROCE
12.0%
Market Cap
₹2082 cr
Revenue (TTM)
₹1991 cr
P/S
1.0x
P/B
2.7x
ROE
8.4%
Operating Margin
7.0%
Debt / Equity
0.2x
Promoter Holding
49.2%
12M Momentum
61.4%

52-week range

₹28.30₹75.70
75% of the way from its 52-week low to its high

Price risk

1Y volatility
62.1%
Beta vs sector
1-year daily
1.67

Balance sheet & cash

Interest cover
operating profit ÷ interest
4.3x
Cash from profit, 3Y
operating cash flow ÷ net profit
-0.15x
low
Share count, 1Y
unchanged

Are profits backed by cash?

4 of 7checks within range2 beyond a threshold
Other income reliance45%Beyond threshold

Other income as a share of pre-tax profit (trailing twelve months): 45.1%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate26%Within range

Median quarterly effective tax rate over about 2.5 years: 26.0%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion-0.15xBeyond threshold

Operating cash flow divided by net profit over the last three fiscal years: -0.15x (cash from operations ₹-35 cr, net profit ₹233 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+1 daysWithin range

Debtor days are above the median of the previous three fiscal years by 1 days (79 vs 78). 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+11 days / 2 yrsWithin range

Days payable changed by +11 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 2 years, FIIs trimmed 7.1 pts; promoters trimmed 4.3 pts.
  • The number of shareholders rose from 70,897 to 1.3 lakh (+86%) between Dec 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupDec '23Jun '26Change
Promoters53.5%49.2%-4.3 pts
FIIs7.6%0.5%-7.1 pts
DIIs0.0%0.1%+0.1 pts
Public and others38.9%48.5%+9.6 pts

Number of shareholders

1.3 lakhshareholders+86% since Dec '23
71k97k1.2L1.5L Dec '23Jun '24Dec '24Jun '25Dec '25Jun '26
Dec '23: 70,897
Mar '24: 97,446
Jun '24: 1.1 lakh
Sep '24: 1.4 lakh
Dec '24: 1.5 lakh
Mar '25: 1.5 lakh
Jun '25: 1.5 lakh
Sep '25: 1.5 lakh
Dec '25: 1.4 lakh
Mar '26: 1.4 lakh
Jun '26: 1.3 lakh
71k97k1.2L1.5L Dec '23Dec '24Dec '25Jun '26
Dec '23: 70,897
Mar '24: 97,446
Jun '24: 1.1 lakh
Sep '24: 1.4 lakh
Dec '24: 1.5 lakh
Mar '25: 1.5 lakh
Jun '25: 1.5 lakh
Sep '25: 1.5 lakh
Dec '25: 1.4 lakh
Mar '26: 1.4 lakh
Jun '26: 1.3 lakh

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

−5.9%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 PARAMOUNT COMMUNICATIONS 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 −34% to +49% vs the market, against −3% for all non-financial companies in the same months.
  • The gap against the base rate (−2.5%, 80% range −19.1% to +15.7%) is within what chance and overlapping periods produce.

Where the 50 outcomes landed

−100%−50%0%+50%+100%
MIRZAINT · Feb 2023: −80.4% vs market
FROG · Feb 2025: −60.4% vs market
ADSL · Feb 2025: −50.1% vs market
SOMICONVEY · Dec 2024: −42.7% vs market
MINDTECK · Dec 2021: −37.7% vs market
ORIENTBELL · Jul 2022: −36.5% vs market
BBL · Oct 2024: −36.5% vs market
PRECAM · Aug 2023: −36.1% vs market
MAHEPC · Sep 2025: −36.1% vs market
EVERESTIND · Aug 2023: −35.1% vs market
KOPRAN · Mar 2024: −34.6% vs market
KHAICHEM · Jan 2022: −34.3% vs market
AARVI · Jan 2023: −33.7% vs market
IFGLEXPOR · Mar 2021: −33.5% vs market
MANINDS · Apr 2024: −33.1% vs market
GENUSPAPER · Apr 2022: −32.3% vs market
PATELENG · Aug 2023: −32.1% vs market
BAJAJHCARE · Jun 2025: −30.4% vs market
MANGCHEFER · Feb 2021: −28.6% vs market
SALZERELEC · Oct 2024: −22.5% vs market
IFBIND · Dec 2024: −22.1% vs market
DLINKINDIA · Apr 2023: −21.7% vs market
RAMAPHO · Aug 2025: −19.5% vs market
APOLSINHOT · Apr 2023: −12.3% vs market
TCI · Apr 2022: −8.6% vs market
PRECWIRE · Jan 2022: −3.3% vs market
STERTOOLS · Dec 2022: +4.1% vs market
DBCORP · Jul 2023: +9.5% vs market
MANALIPETC · May 2021: +13.0% vs market
CONFIPET · Mar 2021: +13.3% vs market
LUMAXTECH · May 2023: +13.5% vs market
GOKEX · Jun 2022: +16.2% vs market
TALBROAUTO · Jun 2022: +24.7% vs market
ASAHISONG · Jul 2020: +25.8% vs market
POCL · Aug 2024: +26.7% vs market
TIIL · May 2022: +31.7% vs market
SKIPPER · Jun 2023: +45.5% vs market
LOKESHMACH · Jun 2023: +50.1% vs market
GALLANTT · Feb 2024: +51.9% vs market
PREMIERPOL · Mar 2024: +54.2% vs market
USHAMART · Oct 2021: +54.7% vs market
TDPOWERSYS · Jan 2022: +55.6% vs market
ICIL · Feb 2020: +75.8% vs market
HPL · Dec 2023: +85.7% vs market
HBLENGINE · Jul 2022: +90.5% vs market
ELECON · Jun 2021: +90.8% vs market
ICEMAKE · Aug 2022: +122.6% vs market
AXISCADES · Sep 2022: +156.1% vs market
MARINE · Jul 2023: +176.6% vs market
JWL · May 2023: +219.5% vs market
Similar setups −5.9%All companies −3.4%← 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 · 4 beyond the range shown, drawn at the edge

Similar setups' median
−5.9%
All companies' median
−3.4%
Beat the market
48% vs 46%

50 past situations · 50 companies · 34 months · 2020–2025

The closest matches

CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
ORIENTBELL
Producer Manufacturing
Jul 2022 29x14% +84%−19% −37%
POCL
Non-Energy Minerals
Aug 2024 68x14% +269%−6% +27%
ICIL
Process Industries
Feb 2020 18x10% +46%−17% +76%
ELECON
Producer Manufacturing
Jun 2021 27x11% +424%−3% +91%
PRECAM
Producer Manufacturing
Aug 2023 53x8% +111%−2% −36%
Show the other 3 matches
CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
JWL
Producer Manufacturing
May 2023 24x12% +133%−2% +220%
HBLENGINE
Producer Manufacturing
Jul 2022 26x13% +70%−11% +91%
ADSL
Technology Services
Feb 2025 23x10% +31%−35% −50%
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 revenue growth. 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 PARAMOUNT COMMUNICATIONS 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.

Technology Services
76%similar
revenue growthEPS growth
Non-Energy Minerals
71%similar
promoter holdingvolatility
Energy Minerals
64%similar
P/Emarket cap
SEPCSEPC
Industrial Services
61%similar
revenue growthdebt/equity
Process Industries
59%similar
volatilityEPS growth
APOLLO PIPESAPOLLOPIPE
Producer Manufacturing
52%similar
debt/equitymarket cap
Producer Manufacturing
49%similar
P/Epromoter holding
Producer Manufacturing
47%similar
debt/equityrevenue

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

What changed?

30 events since Mar '23

  1. OctPriceVolume reached 28.5x its 50-day median on 2026-10-27; price +9.9% that day.
  2. MayPriceVolume reached 29.8x its 50-day median on 2026-05-11; price +9.0% that day.
  3. MarPriceFell 75% from the Jan 2024 peak to the Mar 2026 low.
  4. FebPriceVolume reached 7.5x its 50-day median on 2026-02-03; price +20.0% that day.
  5. JanPeer rankSlipped to the 3rd quartile of Producer Manufacturing on ROCE (from the 2nd quartile).
  6. DecPriceVolume reached 22.3x its 50-day median on 2025-12-26; price +3.3% that day.
  7. SepResultsYear-on-year EPS growth turned negative.
  8. SepPeer rankSlipped to the bottom quartile of Producer Manufacturing on EPS growth (from the 3rd quartile).
Show 22 earlier events
  1. JunPeer rankMoved into the 2nd quartile of Producer Manufacturing on ROCE (from the 3rd quartile).
  2. JanDebtDebt / equity halved over 12 months to 0.16x.
  3. DecInstitutionsFII + DII holding fell 4.9 pts over 1 quarter to 2.2%.
  4. DecPriceVolume reached 6.7x its 50-day median on 2024-12-20; price -0.7% that day.
  5. SepPeer rankMoved into the 2nd quartile of Producer Manufacturing on EPS growth (from the 3rd quartile).
  6. AugPriceVolume reached 19.6x its 50-day median on 2024-08-26; price +8.4% that day.
  7. JunPromoterPromoter holding fell 4.2 pts to 49.3%.
  8. JunResultsRevenue (TTM) reached a new high of ₹1,068 cr.
  9. JunPeer rankSlipped to the 3rd quartile of Producer Manufacturing on EPS growth (from the top quartile).
  10. JunDebtDebt / equity halved over 12 months to 0.16x.
  11. JunSharesShare count is up 56.4% over 12 months.
  12. JanPriceVolume reached 7.4x its 50-day median on 2024-01-05; price +3.0% that day.
  13. DecPriceRegained the 2023-09 peak, 2 months after the low.
  14. DecPriceVolume reached 12.9x its 50-day median on 2023-12-20; price -3.5% that day.
  15. OctPriceFell 29% from the Sep 2023 peak to the Oct 2023 low.
  16. AugPriceRegained the 2023-01 peak, 5 months after the low.
  17. AugPriceVolume reached 25.3x its 50-day median on 2023-08-08; price +3.2% that day.
  18. JunResultsRevenue (TTM) reached a new high of ₹794 cr.
  19. JunPeer rankMoved into the 3rd quartile of Producer Manufacturing on ROCE (from the bottom quartile).
  20. AprValuationP/E crossed above the 90th percentile of its own history to date (94.6x).
  21. AprPriceVolume reached 7.3x its 50-day median on 2023-04-10; price +1.5% that day.
  22. MarPriceFell 35% from the Jan 2023 peak to the Mar 2023 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

Monthly history60 months · 2021-12 to 2026-11
MonthP/ERevenue (TTM)ROEROCEDebt / Equity
2026-1131.8x₹1991 cr8.4%12.0%0.2x
2026-1030.7x₹1991 cr8.2%12.0%0.2x
2026-0928.2x₹1991 cr8.2%12.0%0.2x
2026-0833.3x₹1913 cr8.0%12.0%0.2x
2026-0733.1x₹1913 cr8.0%12.0%0.2x
2026-0635.2x₹1913 cr8.0%12.0%0.2x
2026-0534.7x₹1847 cr8.3%16.0%0.0x
2026-0420.8x₹1847 cr8.3%16.0%0.0x
2026-0315.0x₹1847 cr8.3%16.0%0.0x
2026-0214.6x₹1778 cr10.7%16.0%0.0x
2026-0114.0x₹1778 cr10.7%16.0%0.0x
2025-1216.6x₹1778 cr10.7%16.0%0.0x
2025-1115.0x₹1706 cr11.7%16.0%0.0x
2025-1016.5x₹1706 cr11.7%16.0%0.0x
2025-0916.9x₹1706 cr11.7%16.0%0.0x
2025-0815.8x₹1576 cr12.7%16.0%0.0x
2025-0719.6x₹1576 cr12.7%16.0%0.0x
2025-0620.1x₹1576 cr12.7%16.0%0.0x
2025-0517.0x₹1392 cr16.3%15.0%0.2x
2025-0415.1x₹1392 cr16.3%15.0%0.2x
2025-0315.4x₹1392 cr16.3%15.0%0.2x
2025-0216.5x₹1284 cr16.1%15.0%0.2x
2025-0122.1x₹1284 cr16.1%15.0%0.2x
2024-1225.4x₹1284 cr16.1%15.0%0.2x
2024-1121.1x₹1180 cr15.9%15.0%0.2x
2024-1021.3x₹1180 cr15.9%15.0%0.2x
2024-0925.2x₹1180 cr15.9%15.0%0.2x
2024-0831.5x₹1068 cr14.4%15.0%0.2x
2024-0728.9x₹1068 cr14.4%15.0%0.2x
2024-0626.0x₹1068 cr14.4%15.0%0.2x
2024-0531.9x₹794 cr17.1%13.0%0.5x
2024-0430.0x₹794 cr17.1%13.0%0.5x
2024-0327.3x₹794 cr17.1%13.0%0.5x
2024-0234.4x₹794 cr17.1%13.0%0.5x
2024-0142.9x₹794 cr17.1%13.0%0.5x
2023-1235.8x₹794 cr17.1%13.0%0.5x
2023-1126.3x₹794 cr17.1%13.0%0.5x
2023-1022.5x₹794 cr17.1%13.0%0.5x
2023-0925.6x₹794 cr17.1%13.0%0.5x
2023-0824.2x₹794 cr17.1%13.0%0.5x
2023-0716.1x₹794 cr17.1%13.0%0.5x
2023-0614.3x₹794 cr17.1%13.0%0.5x
2023-0590.1x₹580 cr4.2%4.0%0.9x
2023-0494.6x₹580 cr4.2%4.0%0.9x
2023-0374.0x₹580 cr4.2%4.0%0.9x
2023-0282.3x₹580 cr4.2%4.0%0.9x
2023-0190.6x₹580 cr4.2%4.0%0.9x
2022-1283.1x₹580 cr4.2%4.0%0.9x
2022-1149.0x₹580 cr4.2%4.0%0.9x
2022-1045.4x₹580 cr4.2%4.0%0.9x
2022-0942.7x₹580 cr4.2%4.0%0.9x
2022-0843.9x₹580 cr4.2%4.0%0.9x
2022-0725.8x₹580 cr4.2%4.0%0.9x
2022-0625.8x₹580 cr4.2%4.0%0.9x
2022-0572.5x₹518 cr1.6%3.0%1.0x
2022-0477.8x₹518 cr1.6%3.0%1.0x
2022-0360.6x₹518 cr1.6%3.0%1.0x
2022-0271.3x₹518 cr1.6%3.0%1.0x
2022-0183.1x₹518 cr1.6%3.0%1.0x
2021-1287.2x₹518 cr1.6%3.0%1.0x

Older months are in the live observatory.

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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