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PNB GILTS LIMITED (PNBGILTS)

Finance · Investment Banks/Brokers · 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.37 / 100
Profitability 68Growth 41Balance sheet 3
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.46 / 100
Price 64Earnings 39FII/DII 36
Compare withBSEBILLIONBRAINS GARAGE VENTURESMULTI COMMODITY EXCHANGE

Share price

Closing priceAdjusted for splits and bonus issues.

₹78.1 latest close · −11.6% over the last 90 sessions

₹70₹80₹90Jul 3Jul 29Aug 24Sep 17Oct 14Nov 9 ₹70₹80₹90Jul 3Sep 4Nov 9

₹78.1 month-end · −4.4% over 12 months

₹60₹70₹80₹90Nov '25Jan '26Apr '26Jun '26Sep '26Nov '26 ₹60₹70₹80₹90Nov '25May '26Nov '26

₹78.1 month-end · −14.8% over 3 years

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

₹78.1 month-end · +169.8% since Jan '19

₹50₹100₹150Jan '19Aug '20Mar '22Sep '23Apr '25Nov '26 ₹50₹100₹150Jan '19Dec '22Nov '26

52-week range ₹57.12 to ₹97.28 · 1-year volatility 39.3%

Was the rally earned?

-4%share price, 1 yearRoughly flat
  • The share price was roughly flat over 1 year (-4%).
  • The share count barely moved.
Net profit growth: −118 pts. Points of the price return explained by net profit growing (or shrinking).−118 ptsNet profit growthP/E change: +113 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+113 ptsP/E changeShare price: −4%−4%Share priceNet profit growth: −118 pts. Points of the price return explained by net profit growing (or shrinking).−118ProfitP/E change: +113 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+113P/EShare price: −4%−4%Share price
Net profit growth-118 ptsNet profit fell about 70%, which lowers the price.
P/E change+113 ptsThe P/E rose from 4.3x to 13.8x, which lifts the price.
Share count change0 ptsShare count was little changed. More shares would count against the price.
+25%share price, 5 yearsMultiple-driven

Partly.

  • Most of the rise came from investors paying a higher multiple (P/E 2.5x to 13.8x); per-share earnings took off 167 points.
  • The share count barely moved.
Net profit growth: −167 pts. Points of the price return explained by net profit growing (or shrinking).−167 ptsNet profit growthP/E change: +193 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+193 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: +25%+25%Share priceNet profit growth: −167 pts. Points of the price return explained by net profit growing (or shrinking).−167ProfitP/E change: +193 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+193P/EShare count change: 0 pts. Points of the price return explained by the share count changing. More shares count against the price.0SharesShare price: +25%+25%Share price
Net profit growth-167 ptsNet profit fell about 78%, which lowers the price.
P/E change+193 ptsThe P/E rose from 2.5x to 13.8x, which lifts 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 3 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 BSE

How rough has the ride been?

Maximum drawdown-59.2%not yet recovered
1-year volatility39.3%annualised
Beta vs sector index1.123-year daily, correlation 0.48
Volume spikes3last 90 sessions, 5x the 50-day median

Drawdown from peak

0%−20%−40%−60%2020202120222023202420252026−57.1% 0%−20%−40%−60%2020202220242026−57.1%
Largest drawdowns

-59.2% (2024-06 peak to 2026-03 low, not yet recovered)

-43.7% (2019-07 peak to 2020-03 low, recovered 2020-07)

-37.6% (2021-06 peak to 2023-03 low, recovered 2023-10)

Most recent volume spikes

2026-10-13: 56.1x the 50-day median, price +6.4% that day

2026-09-30: 10.1x the 50-day median, price +2.9% that day

2026-09-04: 7.7x the 50-day median, price +5.7% 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?

13.8xP/E todayNear its historic high
Against its own history87th percentile
CheapestMedian 6.7xDearest

Usual range 2.7x to 32.5x since 2019-01.

Against Finance13.8x vs 18.1x
This company
13.8x
Sector median
18.1x

24% below the Finance median.

2.3x137.8x273.3x408.8xJan '19Aug '20Mar '22Oct '23May '25Nov '262.3x137.8x273.3x408.8xJan '19Sep '21May '24Nov '26
P/E (this company)10th to 90th percentile of its own historyIts medianFinance median

The chart loads when you open this tab.

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

The chart loads when you open this tab.

P/S (this company)10th to 90th percentile of its own historyIts medianFinance 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 Finance is valued

Where does it rank among Finance peers?

Each cell is the company's percentile rank among its Finance 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

  • ROCE38thflat vs a year ago
  • Op. margin98thflat vs a year ago
  • Revenue growth23rd▼ 36 pts vs a year ago
  • EPS growth9th▼ 90 pts vs a year ago
  • Debt/equity ↓2ndflat vs a year ago
  • Cash cycle ↓89thflat vs a year ago
  • P/E ↓69th▼ 29 pts vs a year ago
  • 12M momentum62nd▲ 32 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 Finance sector page Watch it move against Finance in the Observatory

What is the price implying?

~8%annual earnings growth implied by the priceBelow delivered growth

At normalised P/E (five-year average earnings) of 12.4x, a holder earning 12%/yr needs earnings to grow about 8.3%/yr for 10 years, then trade at 15x.

Delivered11.8%/yrEPS, last 10 fiscal years · 3-yr avg to 3-yr avg
Gap−3.6 ptsimplied minus delivered
Rank600thmost demanding of 856

Over time

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

-8%8%24% Jan 2019Nov 2026 -8%8%24% Jan 2019Nov 2026

Change the assumptions

Exit P/E / return11%12%13%
12x9.5%10.5%11.5%
15x7.3%8.3%9.3%
20x4.5%5.4%6.4%

Drag a slider to test other assumptions

Implied: 8.3%/yr

Looking back

  • Jan 2020Price implied −1%/yr; EPS has since grown 19%/yr (7.0 yrs)
  • Jan 2021Price implied 2%/yr; EPS has since grown −0%/yr (6.0 yrs)
  • Jan 2022Price implied 1%/yr; EPS has since grown −17%/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 Finance The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov
₹78.10
P/E
13.8x
ROCE
6.0%
Market Cap
₹1407 cr
Revenue (TTM)
₹1747 cr
P/S
0.8x
P/B
0.8x
ROE
6.0%
Operating Margin
97.0%
Debt / Equity
14.6x
Promoter Holding
74.1%
12M Momentum
-4.4%

52-week range

₹57.12₹97.28
52% of the way from its 52-week low to its high

Price risk

1Y volatility
39.3%
Beta vs sector
1-year daily
1.08

Balance sheet & cash

Interest cover
operating profit ÷ interest
1.1x
Cash from profit, 3Y
operating cash flow ÷ net profit
-2.00x
low
Share count, 1Y
unchanged

Are profits backed by cash?

4 of 6checks within range2 beyond a threshold
Other income reliance1%Within range

Other income as a share of pre-tax profit (trailing twelve months): 1.5%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate24%Within range

Median quarterly effective tax rate over about 2.5 years: 24.0%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion-11.60xBeyond threshold

Operating cash flow divided by net profit over the last three fiscal years: -11.60x (cash from operations ₹-5,612 cr, net profit ₹484 cr). Bands: 0.8x and above, 0.5x to 0.8x, below 0.5x.

Free cash flow0 of 5 yrsBeyond threshold

Fiscal years with positive free cash flow in the last 5: 0. Bands: at least 80% of years, 40% to 80%, below 40%.

Receivable days vs history0 daysWithin range

Debtor days are below the median of the previous three fiscal years by 0 days (0 vs 0). 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—Not enough data

Not enough reported data to compute this.

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, institutional and promoter holdings were broadly unchanged.

Holdings, Jun '26

How each group changed

GroupSep '23Jun '26Change
Promoters74.1%74.1%0.0 pts
FIIs0.0%0.1%0.0 pts
DIIs0.0%0.0%0.0 pts
Public and others25.9%25.9%0.0 pts

Number of shareholders

84,279shareholders+0% since Sep '23
82k83k84k85k Sep '23Jun '24Mar '25Dec '25Jun '26
Sep '23: 84,154
Dec '23: 81,673
Mar '24: 82,765
Jun '24: 82,897
Sep '24: 83,752
Dec '24: 84,960
Mar '25: 84,453
Jun '25: 83,245
Sep '25: 85,116
Dec '25: 83,065
Mar '26: 82,085
Jun '26: 84,279
 82k83k84k85k Sep '23Sep '24Sep '25Jun '26
Sep '23: 84,154
Dec '23: 81,673
Mar '24: 82,765
Jun '24: 82,897
Sep '24: 83,752
Dec '24: 84,960
Mar '25: 84,453
Jun '25: 83,245
Sep '25: 85,116
Dec '25: 83,065
Mar '26: 82,085
Jun '26: 84,279

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

+10.0%typical 12-month return vs the marketNot meaningfully different from the base rate
  • We found 50 past situations where a non-financial company looked like PNB GILTS LIMITED 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 −14% to +58% vs the market, against +1% for all non-financial companies in the same months.
  • The gap against the base rate (+8.7%, 80% range −4.0% to +19.5%) is within what chance and overlapping periods produce.

Where the 50 outcomes landed

−100%−50%0%+50%+100%
RELCHEMQ · Nov 2023: −43.0% vs market
VISHWARAJ · May 2023: −42.0% vs market
AVADHSUGAR · Nov 2023: −41.5% vs market
STLTECH · Nov 2021: −41.3% vs market
AUTOIND · Jan 2024: −35.2% vs market
SAKHTISUG · Mar 2020: −28.9% vs market
EMAMIPAP · Apr 2022: −27.1% vs market
PTC · Apr 2024: −22.7% vs market
FILATEX · May 2025: −22.1% vs market
KMSUGAR · Sep 2023: −18.7% vs market
KHADIM · Apr 2024: −18.1% vs market
JAYSREETEA · Nov 2022: −15.2% vs market
BIL · Sep 2020: −14.6% vs market
SPORTKING · Jul 2024: −10.4% vs market
RBS · May 2025: −10.3% vs market
NITINSPIN · Aug 2023: −9.4% vs market
TVSHLTD · Feb 2021: −8.1% vs market
JMFINANCIL · Aug 2023: −7.4% vs market
BIRLAMONEY · Apr 2020: −6.9% vs market
AHLEAST · Jun 2025: −3.6% vs market
EMAMIREAL · Feb 2023: −1.5% vs market
PNCINFRA · Jul 2023: −0.9% vs market
STEELXIND · Oct 2025: +3.6% vs market
TATAPOWER · Jan 2020: +9.0% vs market
EDELWEISS · May 2023: +9.5% vs market
BSL · Dec 2023: +10.6% vs market
SUTLEJTEX · Mar 2020: +11.4% vs market
JKTYRE · Nov 2020: +13.3% vs market
MAGADSUGAR · May 2023: +20.8% vs market
BOMDYEING · May 2021: +21.4% vs market
IRB · Jun 2021: +24.9% vs market
CESC · Mar 2024: +25.7% vs market
INDIANHUME · Aug 2023: +32.2% vs market
RAIN · May 2020: +39.7% vs market
GODREJIND · Feb 2024: +42.8% vs market
ELGIRUBCO · Jul 2023: +49.9% vs market
ASHAPURMIN · Apr 2023: +58.0% vs market
NLCINDIA · Oct 2022: +58.4% vs market
HITECH · Jan 2021: +65.4% vs market
DYNAMATECH · Apr 2021: +79.8% vs market
INDSWFTLAB · May 2020: +89.4% vs market
WELENT · Sep 2022: +91.7% vs market
RTNPOWER · Jul 2020: +97.6% vs market
FACT · Feb 2020: +99.8% vs market
AJMERA · Dec 2023: +108.5% vs market
MOTILALOFS · Aug 2023: +112.6% vs market
DEEPAKFERT · Jan 2021: +169.0% vs market
GVT&D · Nov 2022: +184.2% vs market
ARIHANTSUP · Feb 2021: +254.2% vs market
VISHNU · Apr 2021: +292.3% vs market
Similar setups +10.0%All companies +1.3%← worse than the marketbetter than the market →

Each dot is one past situation (hover or tap for details) · Solid dots are the closest matches, listed below · Shaded is the middle half of all companies in the same months · 6 beyond the range shown, drawn at the edge

Similar setups' median
+10.0%
All companies' median
+1.3%
Beat the market
56% vs 51%

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

The closest matches

CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
EMAMIREAL
Finance		 Feb 2023 17x5% +2%−24% −2%
JKTYRE
Consumer Durables		 Nov 2020 13x8% +15%−5% +13%
EDELWEISS
Finance		 May 2023 23x10% +24%−10% +10%
DYNAMATECH
Producer Manufacturing		 Apr 2021 17x9% +87%−4% +80%
INDSWFTLAB
Health Technology		 May 2020 4x4% −30%−46% +89%
Show the other 3 matches
CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
EMAMIPAP
Process Industries		 Apr 2022 19x8% +43%−18% −27%
JMFINANCIL
Finance		 Aug 2023 13x8% +22%−6% −7%
WELENT
Industrial Services		 Sep 2022 15x5% +19%−11% +92%
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 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 PNB GILTS LIMITED. 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.

SAMHI HOTELSSAMHI
Consumer Services
58%similar
volatilityrevenue
TRUALT BIOENERGYTRUALT
Energy Minerals
55%similar
revenuepromoter holding
H G INFRA ENGINEERINGHGINFRA
Industrial Services
53%similar
P/Evolatility
ALLCARGO TERMINALSATL
Transportation
49%similar
debt/equityP/E
SURAJ ESTATE DEVELOPERS LIMITESURAJEST
Industrial Services
43%similar
operating marginP/E
ARIHANT SUPERSTRUCTURES LIMITEARIHANTSUP
Finance
52%similar
revenue growthdebt/equity
INDIQUBE SPACESINDIQUBE
Finance
46%similar
ROCEdebt/equity
SMC GLOBAL SECURITIESSMCGLOBAL
Finance
45%similar
revenuedebt/equity

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

What changed?

30 events since May '23

  1. OctPriceVolume reached 56.1x its 50-day median on 2026-10-13; price +6.4% that day.
  2. SepPeer rankSlipped to the bottom quartile of Finance on EPS growth (from the 3rd quartile).
  3. SepPriceVolume reached 10.1x its 50-day median on 2026-09-30; price +2.9% that day.
  4. JunResultsYear-on-year EPS growth turned negative.
  5. JunPeer rankSlipped to the 3rd quartile of Finance on EPS growth (from the 2nd quartile).
  6. MayPriceVolume reached 68.3x its 50-day median on 2026-05-14; price +16.3% that day.
  7. MarResultsYear-on-year EPS growth turned positive.
  8. MarPriceFell 59% from the Jun 2024 peak to the Mar 2026 low.
Show 22 earlier events
  1. MarPeer rankMoved into the 2nd quartile of Finance on EPS growth (from the 3rd quartile).
  2. JanPriceVolume reached 42.5x its 50-day median on 2026-01-19; price +3.4% that day.
  3. DecResultsYear-on-year EPS growth turned negative.
  4. DecPeer rankSlipped to the 3rd quartile of Finance on EPS growth (from the top quartile).
  5. SepResultsRevenue (TTM) reached a new high of ₹1,845 cr.
  6. JulPriceVolume reached 40.0x its 50-day median on 2025-07-24; price +7.9% that day.
  7. JunResultsYear-on-year EPS growth turned positive.
  8. JunPeer rankMoved into the top quartile of Finance on EPS growth (from the bottom quartile).
  9. JunDividendDividend payout cut from 26% to 8% of profit.
  10. OctPriceVolume reached 15.5x its 50-day median on 2024-10-24; price +3.3% that day.
  11. SepPriceVolume reached 10.6x its 50-day median on 2024-09-19; price -2.2% that day.
  12. JunResultsEPS (TTM) turned positive.
  13. JunValuationP/E crossed above the 90th percentile of its own history to date (36.6x).
  14. JunDividendStarted paying a dividend (payout 26% of profit).
  15. JunPriceVolume reached 41.7x its 50-day median on 2024-06-25; price +10.5% that day.
  16. JanPriceVolume reached 20.3x its 50-day median on 2024-01-09; price +18.4% that day.
  17. OctPriceRegained the 2021-06 peak, 7 months after the low.
  18. OctPriceVolume reached 96.3x its 50-day median on 2023-10-06; price +17.2% that day.
  19. SepPriceVolume reached 119.0x its 50-day median on 2023-09-22; price +20.0% that day.
  20. JunResultsEPS (TTM) turned negative.
  21. JunDividendDividend payout cut from 54% to 0% of profit.
  22. MayPriceVolume reached 8.6x its 50-day median on 2023-05-03; price -0.7% 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

Monthly history95 months · 2019-01 to 2026-11
MonthP/ERevenue (TTM)ROEROCEDebt / Equity
2026-1113.8x₹1747 cr6.0%6.0%14.6x
2026-1013.2x₹1747 cr6.0%6.0%14.6x
2026-0913.0x₹1747 cr6.0%6.0%14.6x
2026-087.4x₹1855 cr10.6%6.0%14.6x
2026-078.2x₹1855 cr10.6%6.0%14.6x
2026-068.9x₹1855 cr10.6%6.0%14.6x
2026-055.7x₹1850 cr15.8%7.0%14.5x
2026-045.1x₹1850 cr15.8%7.0%14.5x
2026-034.3x₹1850 cr15.8%7.0%14.5x
2026-027.8x₹1787 cr11.7%7.0%14.5x
2026-017.7x₹1787 cr11.7%7.0%14.5x
2025-127.9x₹1787 cr11.7%7.0%14.5x
2025-114.3x₹1845 cr22.0%7.0%14.5x
2025-104.8x₹1845 cr22.0%7.0%14.5x
2025-095.0x₹1845 cr22.0%7.0%14.5x
2025-087.3x₹1722 cr15.1%7.0%14.5x
2025-078.1x₹1722 cr15.1%7.0%14.5x
2025-067.5x₹1722 cr15.1%7.0%14.5x
2025-057.6x₹1777 cr17.0%7.0%16.8x
2025-047.6x₹1777 cr17.0%7.0%16.8x
2025-036.2x₹1777 cr17.0%7.0%16.8x
2025-026.3x₹1800 cr16.6%7.0%16.8x
2025-017.8x₹1800 cr16.6%7.0%16.8x
2024-128.6x₹1800 cr16.6%7.0%16.8x
2024-1131.5x₹1646 cr4.9%7.0%16.8x
2024-1031.8x₹1646 cr4.9%7.0%16.8x
2024-0933.4x₹1646 cr4.9%7.0%16.8x
2024-0832.6x₹1577 cr5.2%7.0%16.8x
2024-0733.2x₹1577 cr5.2%7.0%16.8x
2024-0636.6x₹1577 cr5.2%7.0%16.8x
2024-05—₹1230 cr-6.1%5.0%15.3x
2024-04—₹1230 cr-6.1%5.0%15.3x
2024-03—₹1230 cr-6.1%5.0%15.3x
2024-02—₹1230 cr-6.1%5.0%15.3x
2024-01—₹1230 cr-6.1%5.0%15.3x
2023-12—₹1230 cr-6.1%5.0%15.3x
2023-11—₹1230 cr-6.1%5.0%15.3x
2023-10—₹1230 cr-6.1%5.0%15.3x
2023-09—₹1230 cr-6.1%5.0%15.3x
2023-08—₹1230 cr-6.1%5.0%15.3x
2023-07—₹1230 cr-6.1%5.0%15.3x
2023-06—₹1230 cr-6.1%5.0%15.3x
2023-056.3x₹756 cr11.6%5.0%10.2x
2023-046.3x₹756 cr11.6%5.0%10.2x
2023-036.1x₹756 cr11.6%5.0%10.2x
2023-026.3x₹756 cr11.6%5.0%10.2x
2023-016.7x₹756 cr11.6%5.0%10.2x
2022-126.8x₹756 cr11.6%5.0%10.2x
2022-116.7x₹756 cr11.6%5.0%10.2x
2022-106.4x₹756 cr11.6%5.0%10.2x
2022-096.5x₹756 cr11.6%5.0%10.2x
2022-086.7x₹756 cr11.6%5.0%10.2x
2022-076.9x₹756 cr11.6%5.0%10.2x
2022-066.6x₹756 cr11.6%5.0%10.2x
2022-052.4x₹1052 cr34.5%8.0%7.5x
2022-042.4x₹1052 cr34.5%8.0%7.5x
2022-032.3x₹1052 cr34.5%8.0%7.5x
2022-022.4x₹1052 cr34.5%8.0%7.5x
2022-012.8x₹1052 cr34.5%8.0%7.5x
2021-122.6x₹1052 cr34.5%8.0%7.5x
2021-112.5x₹1052 cr34.5%8.0%7.5x
2021-102.5x₹1052 cr34.5%8.0%7.5x
2021-092.6x₹1052 cr34.5%8.0%7.5x
2021-082.7x₹1052 cr34.5%8.0%7.5x
2021-072.8x₹1052 cr34.5%8.0%7.5x
2021-062.9x₹1052 cr34.5%8.0%7.5x
2021-055.9x₹882 cr17.8%8.0%11.7x
2021-044.9x₹882 cr17.8%8.0%11.7x
2021-034.5x₹882 cr17.8%8.0%11.7x
2021-025.0x₹882 cr17.8%8.0%11.7x
2021-014.1x₹882 cr17.8%8.0%11.7x
2020-124.1x₹882 cr17.8%8.0%11.7x
2020-114.0x₹882 cr17.8%8.0%11.7x
2020-103.6x₹882 cr17.8%8.0%11.7x
2020-093.8x₹882 cr17.8%8.0%11.7x
2020-084.4x₹882 cr17.8%8.0%11.7x
2020-074.0x₹882 cr17.8%8.0%11.7x
2020-063.4x₹882 cr17.8%8.0%11.7x
2020-058.7x₹508 cr6.0%7.0%9.3x
2020-049.3x₹508 cr6.0%7.0%9.3x
2020-037.9x₹508 cr6.0%7.0%9.3x
2020-029.6x₹508 cr6.0%7.0%9.3x
2020-019.2x₹508 cr6.0%7.0%9.3x
2019-129.4x₹508 cr6.0%7.0%9.3x
2019-119.4x₹508 cr6.0%7.0%9.3x
2019-109.4x₹508 cr6.0%7.0%9.3x
2019-0910.8x₹508 cr6.0%7.0%9.3x
2019-0810.7x₹508 cr6.0%7.0%9.3x
2019-0712.1x₹508 cr6.0%7.0%9.3x
2019-0611.3x₹508 cr6.0%7.0%9.3x
2019-05408.8x₹402 cr0.2%7.0%5.1x
2019-04369.1x₹402 cr0.2%7.0%5.1x
2019-03386.9x₹402 cr0.2%7.0%5.1x
2019-02361.9x₹402 cr0.2%7.0%5.1x
2019-01361.9x₹402 cr0.2%7.0%5.1x

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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