52-week range
Price risk
Balance sheet & cash
Was the rally earned?
Partly.
- Most of the rise came from investors paying a higher multiple (P/E 95.0x to 122.7x); per-share earnings added 0 points.
- The share count barely moved.
Partly.
- Most of the rise came from investors paying a higher multiple (P/E 23.3x to 122.7x); per-share earnings added 293 points.
- The share count barely moved.
Partly.
- Most of the rise came from investors paying a higher multiple (P/E 14.4x to 122.7x); per-share earnings added 133 points.
- The share count rose 3%.
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.
Is it expensive against its own past and its peers?
The chart loads when you open this tab.
The chart loads when you open this tab.
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 a P/E of 186.7x, the price would imply about 44.1%/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 Consumer Durables The market-wide Expectations lists
What changed?
- Oct '26Volume reached 7.3x its 50-day median on 2026-10-01; price -1.0% that day.
- Sep '26Volume reached 37.0x its 50-day median on 2026-09-25; price +3.0% that day.
- Jun '26Revenue (TTM) reached a new high of ₹248 cr.
- Jun '26Slipped to the 3rd quartile of Consumer Durables on EPS growth (from the top quartile).
- Jun '26Dividend payout cut from 4% to 0% of profit.
- May '26Volume reached 11.8x its 50-day median on 2026-05-06; price -1.2% that day.
- Mar '26Volume reached 12.4x its 50-day median on 2026-03-16; price -0.2% that day.
- Dec '25Volume reached 5.7x its 50-day median on 2025-12-29; price +4.1% that day.
Show 22 earlier events
- Jul '25Volume reached 14.6x its 50-day median on 2025-07-16; price +1.9% that day.
- Jun '25Year-on-year EPS growth turned positive.
- Jun '25Moved into the 3rd quartile of Consumer Durables on ROCE (from the bottom quartile).
- Jun '25Debt / equity rose above 1.0x (1.48x).
- Jun '25Started paying a dividend (payout 4% of profit).
- May '25Volume reached 7.0x its 50-day median on 2025-05-28; price -2.5% that day.
- Feb '25Volume reached 25.1x its 50-day median on 2025-02-20; price +4.8% that day.
- Oct '24Volume reached 10.9x its 50-day median on 2024-10-04; price +5.0% that day.
- Jul '24Volume reached 16.8x its 50-day median on 2024-07-16; price +0.0% that day.
- Jun '24Slipped to the bottom quartile of Consumer Durables on ROCE (from the 3rd quartile).
- Jun '24Volume reached 11.2x its 50-day median on 2024-06-24; price +0.5% that day.
- Apr '24Regained the 2022-04 peak, 6 months after the low.
- Mar '24Slipped to the bottom quartile of Consumer Durables on EPS growth (from the 3rd quartile).
- Jan '24Volume reached 6.2x its 50-day median on 2024-01-08; price -2.2% that day.
- Dec '23Volume reached 19.0x its 50-day median on 2023-12-11; price -2.1% that day.
- Nov '23P/E crossed above the 90th percentile of its own history to date (36.0x).
- Oct '23Fell 59% from the Apr 2022 peak to the Oct 2023 low.
- Aug '23Volume reached 11.5x its 50-day median on 2023-08-16; price +4.1% that day.
- Apr '23Slipped to the 3rd quartile of Consumer Durables on EPS growth (from the 2nd quartile).
- Apr '23Volume reached 34.0x its 50-day median on 2023-04-27; price -4.9% that day.
- Mar '23Slipped to the 3rd quartile of Consumer Durables on ROCE (from the 2nd quartile).
- Mar '23Volume reached 9.0x its 50-day median on 2023-03-28; price -10.0% 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?
4 of 6 checks are within range, 1 near a threshold, 1 beyond a threshold.
Tap a check to see how it is measured.
Other income reliance10%Within range
Other income as a share of pre-tax profit (trailing twelve months): 10.0%. Bands: below 15%, 15% to 35%, above 35%.
Tax rate—Not enough data
Not enough reported data to compute this.
Cash conversion-0.31xBeyond threshold
Operating cash flow divided by net profit over the last three fiscal years: -0.31x (cash from operations ₹-5 cr, net profit ₹16 cr). Bands: 0.8x and above, 0.5x to 0.8x, below 0.5x.
Free cash flow2 of 5 yrsNear threshold
Fiscal years with positive free cash flow in the last 5: 2. Bands: at least 80% of years, 40% to 80%, below 40%.
Receivable days vs history-108 daysWithin range
Debtor days are below the median of the previous three fiscal years by 108 days (75 vs 183). Bands: under 15 days, 15 to 45, over 45.
Capital work in progress4% of fixed assetsWithin range
Capital work-in-progress is 4% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.
Payable days-105 days / 2 yrsWithin range
Days payable changed by -105 over two years. Bands: rise of up to 30 days; more than 30 days.
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?
- Since Sep 2025, institutional and promoter holdings were broadly unchanged.
- The number of shareholders rose from 114 to 599 (+425%) between Mar 2021 and Mar 2026.
Holdings, Mar '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
-58.6% (2022-04 peak to 2023-10 low, recovered 2024-04)
-43.8% (2019-07 peak to 2020-03 low, recovered 2020-12)
-40.0% (2020-12 peak to 2021-05 low, recovered 2021-12)
Most recent volume spikes
2026-10-16: 5.3x the 50-day median, price +2.0% that day
2026-10-01: 7.3x the 50-day median, price -1.0% that day
2026-09-30: 6.9x 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 Consumer Durables peers?
Each cell is the company's percentile rank among its Consumer 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).
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 Durables sector page Watch it move against Consumer Durables in the Observatory
What else looks like this?
Companies with the most similar financial profile today, regardless of industry.
| Company | Sector | Similarity | Closest on |
|---|---|---|---|
| AMANTA HEALTHCARE (AMANTA) | Health Technology | 53% | revenue, debt/equity |
| IRIS CLOTHINGS (IRISDOREME) | Consumer Non-Durables | 45% | revenue, EPS growth |
| BOMBAY SUPER HYBRID SEEDS (BSHSL) | Process Industries | 44% | market cap, promoter holding |
| PROVENTUS AGROCOM (PROV) | Distribution Services | 43% | market cap, ROCE |
| SERVOTECH RENEWABLE POWER SYST (SERVOTECH) | Producer Manufacturing | 43% | revenue growth, ROCE |
| FOCE INDIA (FOCE) | Consumer Durables | 59% | promoter holding, market cap |
| KDDL (KDDL) | Consumer Durables | 6% | ROCE, EPS growth |
| KOKUYO CAMLIN (KOKUYOCMLN) | Consumer Durables | 0% | market cap, ROCE |
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 PARIN ENTERPRISES LIMITED today on valuation, return on capital, debt, growth, price momentum, size and volatility.
- Over the following 12 months the middle half of them returned −30% to +32% vs the market, against −7% for all non-financial companies in the same months.
- The gap against the base rate (−1.0%, 80% range −9.5% to +10.0%) 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 · 6 beyond the range shown, drawn at the edge
50 past situations · 50 companies · 29 months · 2020–2025
The closest matches
| Company | When | P/E | ROCE | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| HCG Health Services |
Apr 2025 | 142x | 9% | +54% | −6% | −4% |
| DECCANCE Non-Energy Minerals |
Jun 2025 | 171x | — | +32% | −1% | −35% |
| TRENT Retail Trade |
Jun 2022 | 362x | 7% | +26% | −19% | +37% |
| EIFFL Consumer Non-Durables |
Sep 2025 | 104x | 10% | +13% | −16% | +20% |
| SBC Consumer Non-Durables |
Oct 2025 | 75x | 17% | +26% | 0% | +195% |
Show the other 3 matches
How reliable is this?
Matched on P/E, P/S, ROCE, debt/equity, interest cover, revenue growth, 12-month momentum, drawdown from 12-month high, size and volatility. Closest on: interest cover, 12-month momentum and ROCE. Not used (unavailable for this company): operating margin. 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.
Monthly history (92 months)
| Month | P/E | Revenue (TTM) | ROE | ROCE | Debt / Equity |
|---|---|---|---|---|---|
| 2026-10 | 122.7x | ₹248 cr | 8.4% | 11.0% | 1.2x |
| 2026-09 | 125.6x | ₹248 cr | 8.4% | 11.0% | 1.2x |
| 2026-08 | 125.4x | ₹248 cr | 8.4% | 11.0% | 1.2x |
| 2026-07 | 127.4x | ₹248 cr | 8.4% | 11.0% | 1.2x |
| 2026-06 | 126.3x | ₹248 cr | 8.4% | 11.0% | 1.2x |
| 2026-05 | 121.1x | ₹168 cr | 9.8% | 12.0% | 1.5x |
| 2026-04 | 111.1x | ₹168 cr | 9.8% | 12.0% | 1.5x |
| 2026-03 | 103.5x | ₹168 cr | 9.8% | 12.0% | 1.5x |
| 2026-02 | 128.1x | ₹168 cr | 9.8% | 12.0% | 1.5x |
| 2026-01 | 111.1x | ₹168 cr | 9.8% | 12.0% | 1.5x |
| 2025-12 | 104.9x | ₹168 cr | 9.8% | 12.0% | 1.5x |
| 2025-11 | 104.5x | ₹168 cr | 9.8% | 12.0% | 1.5x |
| 2025-10 | 95.0x | ₹168 cr | 9.8% | 12.0% | 1.5x |
| 2025-09 | 96.6x | ₹168 cr | 9.8% | 12.0% | 1.5x |
| 2025-08 | 82.0x | ₹168 cr | 9.8% | 12.0% | 1.5x |
| 2025-07 | 69.8x | ₹168 cr | 9.8% | 12.0% | 1.5x |
| 2025-06 | 61.8x | ₹168 cr | 9.8% | 12.0% | 1.5x |
| 2025-05 | 177.2x | ₹82 cr | 3.9% | 7.0% | 0.8x |
| 2025-04 | 178.4x | ₹82 cr | 3.9% | 7.0% | 0.8x |
| 2025-03 | 185.3x | ₹82 cr | 3.9% | 7.0% | 0.8x |
| 2025-02 | 185.3x | ₹82 cr | 3.9% | 7.0% | 0.8x |
| 2025-01 | 178.6x | ₹82 cr | 3.9% | 7.0% | 0.8x |
| 2024-12 | 186.2x | ₹82 cr | 3.9% | 7.0% | 0.8x |
| 2024-11 | 190.1x | ₹82 cr | 3.9% | 7.0% | 0.8x |
| 2024-10 | 176.5x | ₹82 cr | 3.9% | 7.0% | 0.8x |
| 2024-09 | 161.8x | ₹82 cr | 3.9% | 7.0% | 0.8x |
| 2024-08 | 145.1x | ₹82 cr | 3.9% | 7.0% | 0.8x |
| 2024-07 | 142.9x | ₹82 cr | 3.9% | 7.0% | 0.8x |
| 2024-06 | 116.4x | ₹82 cr | 3.9% | 7.0% | 0.8x |
| 2024-05 | 70.4x | ₹81 cr | 5.6% | 8.0% | 0.8x |
| 2024-04 | 56.7x | ₹81 cr | 5.6% | 8.0% | 0.8x |
| 2024-03 | 54.3x | ₹81 cr | 5.6% | 8.0% | 0.8x |
| 2024-02 | 52.0x | ₹81 cr | 5.6% | 8.0% | 0.8x |
| 2024-01 | 44.4x | ₹81 cr | 5.6% | 8.0% | 0.8x |
| 2023-12 | 40.4x | ₹81 cr | 5.6% | 8.0% | 0.8x |
| 2023-11 | 36.0x | ₹81 cr | 5.6% | 8.0% | 0.8x |
| 2023-10 | 23.3x | ₹81 cr | 5.6% | 8.0% | 0.8x |
| 2023-09 | 25.6x | ₹81 cr | 5.6% | 8.0% | 0.8x |
| 2023-08 | 27.5x | ₹81 cr | 5.6% | 8.0% | 0.8x |
| 2023-07 | 27.6x | ₹81 cr | 5.6% | 8.0% | 0.8x |
| 2023-06 | 28.0x | ₹81 cr | 5.6% | 8.0% | 0.8x |
| 2023-05 | 23.2x | ₹77 cr | 7.9% | 10.0% | 0.8x |
| 2023-04 | 23.0x | ₹77 cr | 7.9% | 10.0% | 0.8x |
| 2023-03 | 26.8x | ₹77 cr | 7.9% | 10.0% | 0.8x |
| 2023-02 | — | — | — | — | — |
| 2023-01 | 29.8x | ₹77 cr | 7.9% | 10.0% | 0.8x |
| 2022-12 | — | — | — | — | — |
| 2022-11 | — | — | — | — | — |
| 2022-10 | — | — | — | — | — |
| 2022-09 | 31.3x | ₹77 cr | 7.9% | 10.0% | 0.8x |
| 2022-08 | — | — | — | — | — |
| 2022-07 | — | — | — | — | — |
| 2022-06 | 36.5x | ₹77 cr | 7.9% | 10.0% | 0.8x |
| 2022-05 | 34.3x | ₹84 cr | 9.4% | 13.0% | 0.8x |
| 2022-04 | 37.5x | ₹84 cr | 9.4% | 13.0% | 0.8x |
| 2022-03 | — | — | — | — | — |
| 2022-02 | 21.6x | ₹84 cr | 9.4% | 13.0% | 0.8x |
| 2022-01 | 22.6x | ₹84 cr | 9.4% | 13.0% | 0.8x |
| 2021-12 | 19.0x | ₹84 cr | 9.4% | 13.0% | 0.8x |
| 2021-11 | — | — | — | — | — |
| 2021-10 | 14.4x | ₹84 cr | 9.4% | 13.0% | 0.8x |
| 2021-09 | 11.4x | ₹84 cr | 9.4% | 13.0% | 0.8x |
| 2021-08 | — | — | — | — | — |
| 2021-07 | 12.6x | ₹84 cr | 9.4% | 13.0% | 0.8x |
| 2021-06 | 11.3x | ₹84 cr | 9.4% | 13.0% | 0.8x |
| 2021-05 | 14.4x | ₹67 cr | 8.7% | 12.0% | 0.7x |
| 2021-04 | — | — | — | — | — |
| 2021-03 | 14.9x | ₹67 cr | 8.7% | 12.0% | 0.7x |
| 2021-02 | 17.5x | ₹67 cr | 8.7% | 12.0% | 0.7x |
| 2021-01 | 17.2x | ₹67 cr | 8.7% | 12.0% | 0.7x |
| 2020-12 | 20.1x | ₹67 cr | 8.7% | 12.0% | 0.7x |
| 2020-11 | — | — | — | — | — |
| 2020-10 | 19.5x | ₹67 cr | 8.7% | 12.0% | 0.7x |
| 2020-09 | — | — | — | — | — |
| 2020-08 | 20.7x | ₹67 cr | 8.7% | 12.0% | 0.7x |
| 2020-07 | 20.4x | ₹67 cr | 8.7% | 12.0% | 0.7x |
| 2020-06 | — | — | — | — | — |
| 2020-05 | 18.1x | ₹71 cr | 10.3% | 17.0% | 0.5x |
| 2020-04 | 16.2x | ₹71 cr | 10.3% | 17.0% | 0.5x |
| 2020-03 | 14.3x | ₹71 cr | 10.3% | 17.0% | 0.5x |
| 2020-02 | — | — | — | — | — |
| 2020-01 | 16.1x | ₹71 cr | 10.3% | 17.0% | 0.5x |
| 2019-12 | 17.1x | ₹71 cr | 10.3% | 17.0% | 0.5x |
| 2019-11 | — | — | — | — | — |
| 2019-10 | 15.9x | ₹71 cr | 10.3% | 17.0% | 0.5x |
| 2019-09 | — | — | — | — | — |
| 2019-08 | 18.9x | ₹71 cr | 10.3% | 17.0% | 0.5x |
| 2019-07 | 17.2x | ₹71 cr | 10.3% | 17.0% | 0.5x |
| 2019-06 | 17.3x | ₹71 cr | 10.3% | 17.0% | 0.5x |
| 2019-05 | 14.4x | ₹65 cr | 22.0% | — | 1.7x |
| 2019-04 | 15.2x | ₹65 cr | 22.0% | — | 1.7x |
| 2019-03 | 14.8x | ₹65 cr | 22.0% | — | 1.7x |