अApnaFunda

PIX TRANSMISSIONS LTD (PIXTRANS)

Producer Manufacturing · Miscellaneous Manufacturing · 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.82 / 100
Profitability 87Growth 58Balance sheet 100
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.56 / 100
Price 29Earnings 54FII/DII 86

Passes these screensCash RichValue PickDebt-light & profitable

Share price

Closing priceAdjusted for splits and bonus issues.

₹1,721.6 latest close · −4.9% over the last 90 sessions

₹1,800₹2,000Jul 3Jul 29Aug 24Sep 17Oct 14Nov 9 ₹1,800₹2,000Jul 3Sep 4Nov 9

₹1,721.6 month-end · +18.1% over 12 months

₹1,400₹1,600₹1,800Nov '25Jan '26Apr '26Jun '26Sep '26Nov '26 ₹1,400₹1,600₹1,800Nov '25May '26Nov '26

₹1,721.6 month-end · +28.4% over 3 years

₹1,500₹2,000₹2,500Nov '23Jun '24Jan '25Sep '25Apr '26Nov '26 ₹1,500₹2,000₹2,500Nov '23May '25Nov '26

₹1,721.6 month-end · +77.5% since Feb '19

₹1,000₹2,000Feb '19May '22Jul '23Aug '24Oct '25Nov '26 ₹1,000₹2,000Feb '19Feb '24Nov '26

52-week range ₹1252.00 to ₹2089.00 · 1-year volatility 33.9%

Was the rally earned?

+18%share price, 1 yearEarnings-driven

Mostly yes.

  • Per-share earnings added 16 points to the rise, while the multiple moved less (P/E 17.5x to 17.8x).
  • The share count barely moved.
Net profit growth: +16 pts. Points of the price return explained by net profit growing (or shrinking).+16 ptsNet profit growthP/E change: +2 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+2 ptsP/E changeShare count change: +1 pts. Points of the price return explained by the share count changing. More shares count against the price.+1 ptsShare count changeShare price: +18%+18%Share priceNet profit growth: +16 pts. Points of the price return explained by net profit growing (or shrinking).+16ProfitP/E change: +2 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+2P/EShare count change: +1 pts. Points of the price return explained by the share count changing. More shares count against the price.+1SharesShare price: +18%+18%Share price
Net profit growth+16 ptsNet profit rose about 16%, which lifts the price.
P/E change+2 ptsThe P/E rose from 17.5x to 17.8x, which lifts the price.
Share count change+1 ptsShare count was little changed. More shares would count against the price.
+28%share price, 3 yearsLower P/E held it back

Mostly yes, with a catch.

  • Per-share earnings added 81 points, but investors now pay less per rupee of profit (P/E 28.2x to 17.8x), which took 52 points back.
  • The share count barely moved.
Net profit growth: +80 pts. Points of the price return explained by net profit growing (or shrinking).+80 ptsNet profit growthP/E change: −52 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−52 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: +28%+28%Share priceNet profit growth: +80 pts. Points of the price return explained by net profit growing (or shrinking).+80ProfitP/E change: −52 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−52P/EShare count change: 0 pts. Points of the price return explained by the share count changing. More shares count against the price.0SharesShare price: +28%+28%Share price
Net profit growth+80 ptsNet profit rose about 103%, which lifts the price.
P/E change-52 ptsThe P/E fell from 28.2x to 17.8x, 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.

Not shown for 5 years: earnings were negative at one end, or there is not enough history.

Net profit is trailing twelve months as reported with a 60-day lag.

Compare this with SUPREME INDUSTRIES

How rough has the ride been?

Maximum drawdown-53.4%not yet recovered
1-year volatility33.9%annualised
Beta vs sector index0.743-year daily, correlation 0.34
Volume spikes7last 90 sessions, 5x the 50-day median

Drawdown from peak

0%−20%−40%2020202120222023202420252026−52.2% 0%−20%−40%2020202220242026−52.2%
Largest drawdowns

-53.4% (2024-12 peak to 2025-08 low, not yet recovered)

-32.4% (2022-04 peak to 2023-01 low, recovered 2023-07)

-30.0% (2023-08 peak to 2023-09 low, recovered 2024-07)

Most recent volume spikes

2026-10-14: 9.2x the 50-day median, price +0.1% that day

2026-10-13: 138.4x the 50-day median, price +7.9% that day

2026-10-05: 7.3x the 50-day median, price +1.4% 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?

17.8xP/E todayWithin its usual range
Against its own history25th percentile
CheapestMedian 21.7xDearest

Usual range 16.8x to 45.6x since 2019-02.

Against Producer Manufacturing17.8x vs 29.6x
This company
17.8x
Sector median
29.6x

40% below the Producer Manufacturing median.

10.6x26.6x42.6x58.6xFeb '19Sep '20Apr '22Nov '23Jun '25Nov '2610.6x26.6x42.6x58.6xFeb '19Sep '21Apr '24Nov '26
P/E (this company)10th to 90th percentile of its own historyIts medianProducer Manufacturing median

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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

  • ROCE76th▼ 7 pts vs a year ago
  • Op. margin98th▲ 7 pts vs a year ago
  • Revenue growth25th▼ 39 pts vs a year ago
  • EPS growth59th▼ 13 pts vs a year ago
  • Debt/equity ↓80th▲ 6 pts vs a year ago
  • Cash cycle ↓20thflat vs a year ago
  • P/E ↓76th▼ 7 pts vs a year ago
  • 12M momentum71st▲ 59 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?

~18%annual earnings growth implied by the priceBelow delivered growth

At normalised P/E (five-year average earnings) of 26.9x, a holder earning 12%/yr needs earnings to grow about 18.1%/yr for 10 years, then trade at 15x.

Delivered23.8%/yrEPS, last 10 fiscal years · 3-yr avg to 3-yr avg
Gap−5.7 ptsimplied minus delivered
Rank639thmost demanding of 856

Over time

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

0%23%46% Feb 2019Nov 2026 0%23%46% Feb 2019Nov 2026

Change the assumptions

Exit P/E / return11%12%13%
12x19.5%20.6%21.7%
15x17.0%18.1%19.1%
20x13.8%14.8%15.8%

Drag a slider to test other assumptions

Implied: 18.1%/yr

Looking back

  • Jan 2020Price implied 25%/yr; EPS has since grown 21%/yr (7.0 yrs)

Past comparisons cover only companies listed today (survivorship bias) and say nothing about future outcomes.

“Implied growth” is what the current price would require under our stated assumptions, not what we expect. How this is calculated and the market-wide lists.

What prices imply across Producer Manufacturing The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov
₹1721.60
P/E
17.8x
ROCE
22.0%
Market Cap
₹2347 cr
Revenue (TTM)
₹610 cr
P/S
3.8x
P/B
3.4x
ROE
18.9%
Operating Margin
31.0%
Debt / Equity
0.0x
Promoter Holding
62.1%
12M Momentum
18.1%

52-week range

₹1252.00₹2089.00
56% of the way from its 52-week low to its high

Price risk

1Y volatility
33.9%
Beta vs sector
1-year daily
0.51

Balance sheet & cash

Interest cover
operating profit ÷ interest
44.5x
Cash from profit, 3Y
operating cash flow ÷ net profit
1.37x
Share count, 1Y
unchanged

Are profits backed by cash?

6 of 7checks within range1 near a threshold
Other income reliance27%Near threshold

Other income as a share of pre-tax profit (trailing twelve months): 26.7%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate25%Within range

Median quarterly effective tax rate over about 2.5 years: 24.5%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion1.37xWithin range

Operating cash flow divided by net profit over the last three fiscal years: 1.37x (cash from operations ₹416 cr, net profit ₹303 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+6 daysWithin range

Debtor days are above the median of the previous three fiscal years by 6 days (85 vs 79). Bands: under 15 days, 15 to 45, over 45.

Capital work in progress1% of fixed assetsWithin range

Capital work-in-progress is 1% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.

Payable days-14 days / 2 yrsWithin range

Days payable changed by -14 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 trimmed 1.0 pts.
  • The number of shareholders rose from 24,345 to 27,767 (+14%) between Sep 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupSep '23Jun '26Change
Promoters61.8%62.1%+0.2 pts
FIIs0.2%0.6%+0.4 pts
DIIs3.7%2.7%-1.0 pts
Public and others34.2%34.6%+0.4 pts

Number of shareholders

27,767shareholders+14% since Sep '23
23k28k32k37k Sep '23Jun '24Mar '25Dec '25Jun '26
Sep '23: 24,345
Dec '23: 23,635
Mar '24: 23,598
Jun '24: 23,340
Sep '24: 27,770
Dec '24: 35,739
Mar '25: 36,510
Jun '25: 32,009
Sep '25: 31,156
Dec '25: 29,423
Mar '26: 28,244
Jun '26: 27,767
23k28k32k37k Sep '23Sep '24Sep '25Jun '26
Sep '23: 24,345
Dec '23: 23,635
Mar '24: 23,598
Jun '24: 23,340
Sep '24: 27,770
Dec '24: 35,739
Mar '25: 36,510
Jun '25: 32,009
Sep '25: 31,156
Dec '25: 29,423
Mar '26: 28,244
Jun '26: 27,767

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

+1.3%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 PIX TRANSMISSIONS 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 −24% to +42% vs the market, against +3% for all non-financial companies in the same months.
  • The gap against the base rate (−1.8%, 80% range −14.5% to +4.6%) is within what chance and overlapping periods produce.

Where the 50 outcomes landed

−100%−50%0%+50%+100%
VEEDOL · Jun 2021: −58.5% vs market
BLISSGVS · Aug 2020: −51.2% vs market
ORBTEXP · Mar 2020: −47.5% vs market
TVTODAY · Dec 2021: −44.3% vs market
AHLUCONT · Jan 2020: −33.2% vs market
BHAGERIA · Jun 2021: −32.6% vs market
AVTNPL · Oct 2022: −31.7% vs market
KSL · Apr 2021: −31.3% vs market
CONTROLPR · Aug 2023: −29.7% vs market
HONDAPOWER · Feb 2020: −29.6% vs market
BAJAJCON · Oct 2023: −29.3% vs market
VIMTALABS · Aug 2023: −26.5% vs market
MAITHANALL · Jul 2021: −24.7% vs market
FINCABLES · Jan 2020: −22.6% vs market
BALMLAWRIE · May 2020: −22.4% vs market
STARCEMENT · Mar 2020: −21.0% vs market
ELDEHSG · Jul 2023: −19.1% vs market
DATAMATICS · May 2023: −18.7% vs market
MOIL · May 2020: −18.3% vs market
FINPIPE · Jan 2020: −13.5% vs market
MOLDTKPAC · Sep 2025: −10.0% vs market
ACI · Jul 2024: −8.5% vs market
CARERATING · Jul 2023: −8.3% vs market
EXCELINDUS · Jul 2020: +0.3% vs market
SJS · Sep 2023: +0.8% vs market
KSCL · Apr 2020: +1.9% vs market
FDC · Apr 2023: +4.0% vs market
XCHANGING · Jun 2020: +6.7% vs market
MAYURUNIQ · Aug 2020: +8.1% vs market
RATNAMANI · Sep 2020: +8.2% vs market
ZENSARTECH · Jun 2024: +10.4% vs market
LINCOLN · May 2020: +11.6% vs market
DHANUKA · Jul 2024: +17.2% vs market
GPPL · Aug 2023: +17.9% vs market
VESUVIUS · Mar 2024: +32.6% vs market
NILKAMAL · Jul 2020: +36.2% vs market
MARKSANS · Apr 2023: +38.9% vs market
CAPLIPOINT · Oct 2023: +42.5% vs market
TECHNOE · Feb 2023: +46.1% vs market
RITES · Jan 2023: +47.9% vs market
ECLERX · May 2021: +49.3% vs market
RHIM · Aug 2021: +52.5% vs market
SASKEN · Jul 2020: +53.9% vs market
GRSE · May 2022: +60.6% vs market
KSB · Sep 2021: +63.1% vs market
MPSLTD · Dec 2022: +66.6% vs market
ADVENZYMES · Apr 2020: +71.9% vs market
PERSISTENT · Jan 2020: +82.6% vs market
NEWGEN · Mar 2023: +137.5% vs market
RAILTEL · Jan 2023: +152.3% vs market
Similar setups +1.3%All companies +3.1%← 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 · 2 beyond the range shown, drawn at the edge

Similar setups' median
+1.3%
All companies' median
+3.1%
Beat the market
54% vs 53%

50 past situations · 50 companies · 32 months · 2020–2025

The closest matches

CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
CONTROLPR
Electronic Technology
Aug 2023 24x23% +59%−1% −30%
TVTODAY
Consumer Services
Dec 2021 19x21% +86%−2% −44%
DHANUKA
Process Industries
Jul 2024 33x27% +129%−3% +17%
NEWGEN
Technology Services
Mar 2023 19x27% −3%−12% +138%
BAJAJCON
Consumer Non-Durables
Oct 2023 24x21% +46%−10% −29%
Show the other 3 matches
CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
SJS
Producer Manufacturing
Sep 2023 31x21% +59%−5% +1%
SASKEN
Technology Services
Jul 2020 10x19% +9%−17% +54%
MAYURUNIQ
Process Industries
Aug 2020 16x18% +25%−10% +8%
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, ROCE and drawdown from 12-month high. 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 PIX TRANSMISSIONS 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.

Process Industries
74%similar
EPS growthROCE
Non-Energy Minerals
66%similar
debt/equityrevenue growth
Health Services
65%similar
P/EEPS growth
Process Industries
62%similar
revenue growthdebt/equity
ICRAICRA
Commercial Services
62%similar
revenueROCE
Producer Manufacturing
62%similar
market capEPS growth
NESCONESCO
Producer Manufacturing
59%similar
P/Evolatility
Producer Manufacturing
51%similar
ROCErevenue growth

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

What changed?

30 events since Apr '23

  1. OctPriceVolume reached 138.4x its 50-day median on 2026-10-13; price +7.9% that day.
  2. SepResultsYear-on-year EPS growth turned positive.
  3. SepPeer rankMoved into the 2nd quartile of Producer Manufacturing on EPS growth (from the 3rd quartile).
  4. AugPriceVolume reached 94.8x its 50-day median on 2026-08-10; price +15.7% that day.
  5. JunPriceVolume reached 245.3x its 50-day median on 2026-06-25; price +11.4% that day.
  6. FebPriceVolume reached 21.4x its 50-day median on 2026-02-18; price +4.0% that day.
  7. DecResultsYear-on-year EPS growth turned negative.
  8. DecPeer rankSlipped to the 3rd quartile of Producer Manufacturing on EPS growth (from the 2nd quartile).
Show 22 earlier events
  1. AugPriceFell 53% from the Dec 2024 peak to the Aug 2025 low.
  2. AugPriceVolume reached 13.7x its 50-day median on 2025-08-12; price -9.3% that day.
  3. JunPeer rankMoved into the top quartile of Producer Manufacturing on ROCE (from the 2nd quartile).
  4. MayPriceVolume reached 7.8x its 50-day median on 2025-05-26; price -10.1% that day.
  5. FebPriceVolume reached 11.8x its 50-day median on 2025-02-17; price -19.9% that day.
  6. DecInstitutionsFII + DII holding fell 5.1 pts over 1 quarter to 0.5%.
  7. DecPeer rankMoved into the top quartile of Producer Manufacturing on EPS growth (from the 2nd quartile).
  8. NovPriceVolume reached 9.4x its 50-day median on 2024-11-12; price +3.6% that day.
  9. JulPriceRegained the 2023-08 peak, 10 months after the low.
  10. JulPriceVolume reached 61.7x its 50-day median on 2024-07-15; price +12.6% that day.
  11. JunResultsYear-on-year EPS growth turned positive.
  12. JunPeer rankMoved into the 2nd quartile of Producer Manufacturing on EPS growth (from the 3rd quartile).
  13. JunPriceVolume reached 26.9x its 50-day median on 2024-06-25; price +10.1% that day.
  14. FebPriceVolume reached 10.4x its 50-day median on 2024-02-26; price +8.3% that day.
  15. NovPriceVolume reached 19.2x its 50-day median on 2023-11-13; price +2.0% that day.
  16. SepPriceFell 30% from the Aug 2023 peak to the Sep 2023 low.
  17. JulPriceRegained the 2022-04 peak, 6 months after the low.
  18. JulPriceVolume reached 30.8x its 50-day median on 2023-07-17; price +8.2% that day.
  19. JunResultsYear-on-year EPS growth turned negative.
  20. JunPeer rankSlipped to the 2nd quartile of Producer Manufacturing on ROCE (from the top quartile).
  21. MayPriceVolume reached 19.2x its 50-day median on 2023-05-15; price +7.7% that day.
  22. AprPeer rankSlipped to the 3rd quartile of Producer Manufacturing on EPS growth (from the 2nd quartile).

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 history94 months · 2019-02 to 2026-11
MonthP/ERevenue (TTM)ROEROCEDebt / Equity
2026-1117.8x₹610 cr18.9%22.0%0.0x
2026-1016.9x₹610 cr18.9%22.0%0.0x
2026-0917.9x₹610 cr18.9%22.0%0.0x
2026-0823.2x₹583 cr15.4%22.0%0.0x
2026-0721.3x₹583 cr15.4%22.0%0.0x
2026-0623.4x₹583 cr15.4%22.0%0.0x
2026-0519.4x₹575 cr18.5%27.0%0.1x
2026-0419.3x₹575 cr18.5%27.0%0.1x
2026-0318.0x₹575 cr18.5%27.0%0.1x
2026-0220.5x₹564 cr16.3%27.0%0.1x
2026-0118.6x₹564 cr16.3%27.0%0.1x
2025-1220.0x₹564 cr16.3%27.0%0.1x
2025-1117.5x₹585 cr19.1%27.0%0.1x
2025-1017.7x₹585 cr19.1%27.0%0.1x
2025-0917.3x₹585 cr19.1%27.0%0.1x
2025-0816.7x₹593 cr19.0%27.0%0.1x
2025-0718.1x₹593 cr19.0%27.0%0.1x
2025-0619.4x₹593 cr19.0%27.0%0.1x
2025-0519.8x₹559 cr23.1%23.0%0.1x
2025-0417.3x₹559 cr23.1%23.0%0.1x
2025-0319.4x₹559 cr23.1%23.0%0.1x
2025-0217.0x₹547 cr23.1%23.0%0.1x
2025-0125.2x₹547 cr23.1%23.0%0.1x
2024-1229.9x₹547 cr23.1%23.0%0.1x
2024-1136.7x₹511 cr19.1%23.0%0.1x
2024-1023.0x₹511 cr19.1%23.0%0.1x
2024-0923.3x₹511 cr19.1%23.0%0.1x
2024-0824.7x₹493 cr16.8%23.0%0.1x
2024-0726.0x₹493 cr16.8%23.0%0.1x
2024-0622.7x₹493 cr16.8%23.0%0.1x
2024-0527.6x₹486 cr15.6%19.0%0.2x
2024-0428.5x₹486 cr15.6%19.0%0.2x
2024-0328.0x₹486 cr15.6%19.0%0.2x
2024-0228.9x₹486 cr15.6%19.0%0.2x
2024-0126.5x₹486 cr15.6%19.0%0.2x
2023-1227.2x₹486 cr15.6%19.0%0.2x
2023-1128.2x₹486 cr15.6%19.0%0.2x
2023-1023.2x₹486 cr15.6%19.0%0.2x
2023-0925.0x₹486 cr15.6%19.0%0.2x
2023-0824.9x₹486 cr15.6%19.0%0.2x
2023-0729.0x₹486 cr15.6%19.0%0.2x
2023-0619.5x₹486 cr15.6%19.0%0.2x
2023-0519.5x₹449 cr18.9%24.0%0.3x
2023-0416.0x₹449 cr18.9%24.0%0.3x
2023-0315.1x₹449 cr18.9%24.0%0.3x
2023-0214.8x₹449 cr18.9%24.0%0.3x
2023-0114.1x₹449 cr18.9%24.0%0.3x
2022-1217.0x₹449 cr18.9%24.0%0.3x
2022-1117.9x₹449 cr18.9%24.0%0.3x
2022-1017.0x₹449 cr18.9%24.0%0.3x
2022-0917.4x₹449 cr18.9%24.0%0.3x
2022-0817.8x₹449 cr18.9%24.0%0.3x
2022-0718.8x₹449 cr18.9%24.0%0.3x
2022-0616.4x₹449 cr18.9%24.0%0.3x
2022-0516.2x₹380 cr21.7%27.0%0.2x
2022-0422.1x₹380 cr21.7%27.0%0.2x
2022-03—————
2022-02—————
2022-01—————
2021-12—————
2021-11—————
2021-10—————
2021-09—————
2021-08—————
2021-07—————
2021-06—————
2021-05—————
2021-04—————
2021-03—————
2021-02—————
2021-01—————
2020-12—————
2020-11—————
2020-10—————
2020-09—————
2020-08—————
2020-07—————
2020-06—————
2020-05—————
2020-0446.7x₹295 cr13.6%16.0%0.5x
2020-0346.3x₹295 cr13.6%16.0%0.5x
2020-02—————
2020-0146.7x₹295 cr13.6%16.0%0.5x
2019-1245.3x₹295 cr13.6%16.0%0.5x
2019-1142.0x₹295 cr13.6%16.0%0.5x
2019-1042.0x₹295 cr13.6%16.0%0.5x
2019-0941.9x₹295 cr13.6%16.0%0.5x
2019-0845.1x₹295 cr13.6%16.0%0.5x
2019-0746.5x₹295 cr13.6%16.0%0.5x
2019-06—————
2019-0558.6x₹253 cr12.2%16.0%0.6x
2019-04—————
2019-0358.6x₹253 cr12.2%16.0%0.6x
2019-0258.6x₹253 cr12.2%16.0%0.6x

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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