PURAVANKARA LIMITED (PURVA): Financials & Fundamentals History

Share price

Closing priceAdjusted for splits and bonus issues.

3M1Y3YAll

₹201.33 latest close · −9.1% over the last 90 sessions

₹201.33 month-end · −19.3% over 12 months

₹201.33 month-end · +28.7% over 3 years

₹201.33 month-end · +181.0% since Jan '19

52-week range ₹160.69 to ₹287.30 · 1-year volatility 43.6%

Was the rally earned?

+29%share price, 3 yearsLower P/E held it back

Mostly yes, with a catch.

Per-share earnings added 100 points, but investors now pay less per rupee of profit (P/E 55.9x to 29.7x), which took 72 points back.
The share count fell 7%.

Net profit growth+92 ptsNet profit rose about 124%, which lifts the price.

P/E change-72 ptsThe P/E fell from 55.9x to 29.7x, which lowers the price.

Share count change+9 ptsShare count fell 7%, which lifts 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 1 year and 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 DLF

How rough has the ride been?

Maximum drawdown-70.3%not yet recovered

1-year volatility43.6%annualised

Beta vs sector index1.263-year daily, correlation 0.43

Volume spikes8last 90 sessions, 5x the 50-day median

Drawdown from peak

Largest drawdowns

-70.3% (2024-07 peak to 2026-03 low, not yet recovered)

-63.2% (2021-11 peak to 2023-03 low, recovered 2023-11)

-63.0% (2019-05 peak to 2020-03 low, recovered 2021-01)

Most recent volume spikes

2026-11-03: 8.5x the 50-day median, price -0.5% that day

2026-09-17: 8.8x the 50-day median, price +3.8% that day

2026-09-04: 141.9x the 50-day median, price +9.3% 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).

Is it expensive against its own past and its peers?

29.7xP/E todayWithin its usual range

Against its own history63rd percentile

CheapestMedian 19.1xDearest

Usual range 11.3x to 126.3x since 2019-01.

Against Finance29.7x vs 18.1x

This company

29.7x

Sector median

18.1x

64% above the Finance median.

P/EP/BP/S

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

ROCE59th▲ 25 pts vs a year ago
Op. margin42nd▲ 15 pts vs a year ago
Revenue growth90th▲ 75 pts vs a year ago
EPS growth1st▼ 30 pts vs a year ago
Debt/equity ↓5th▼ 3 pts vs a year ago
Cash cycle ↓33rdflat vs a year ago
P/E ↓34th
12M momentum45th▲ 25 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?

~41%annual earnings growth implied by the price

At a P/E of 170.3x, the price would imply about 41.4%/yr earnings growth for 10 years under the same assumptions, but it is not ranked.

Fewer than six years of annual earnings are available, which is too little to measure delivered growth.

“Implied growth” is what the current price would require under our stated assumptions, not what we expect.

What prices imply across Finance The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov: ₹201.33
P/E: 29.7x
ROCE: 11.0%
Market Cap: ₹4770 cr
Revenue (TTM): ₹4064 cr
P/S: 1.2x
P/B: 2.7x
ROE: 9.0%
Operating Margin: 22.0%
Debt / Equity: 3.1x
Promoter Holding: 75.0%
12M Momentum: -19.3%

52-week range

₹160.69₹287.30

32% of the way from its 52-week low to its high

Price risk

1Y volatility

43.6%

Beta vs sector

1-year daily

1.18

Balance sheet & cash

Interest cover

operating profit ÷ interest

1.3x

Cash from profit, 3Y

operating cash flow ÷ net profit

4.57x

Share count, 1Y

unchanged

Are profits backed by cash?

3 of 5checks within range1 beyond a threshold

Other income reliance63%Beyond threshold

Other income as a share of pre-tax profit (trailing twelve months): 62.7%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate14%Near threshold

Median quarterly effective tax rate over about 2.5 years: 13.5%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion—Not enough data

Not enough reported data to compute this.

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-7 daysWithin range

Debtor days are below the median of the previous three fiscal years by 7 days (77 vs 84). 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 2 years, institutional and promoter holdings were broadly unchanged.
The number of shareholders rose from 41,366 to 43,565 (+5%) between Dec 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupDec '23Jun '26Change

Promoters75.0%75.0%0.0 pts

FIIs16.5%16.6%+0.1 pts

DIIs0.4%0.6%+0.2 pts

Public and others8.1%7.8%-0.3 pts

Number of shareholders

43,565shareholders+5% since Dec '23

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

+8.9%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 PURAVANKARA 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 +47% vs the market, against −1% for all non-financial companies in the same months.
The gap against the base rate (+10.1%, 80% range −6.2% to +15.5%) 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 · 5 beyond the range shown, drawn at the edge

Similar setups' median

+8.9%

All companies' median

−1.2%

Beat the market

54% vs 49%

50 past situations · 50 companies · 33 months · 2020–2025

The closest matches

Company	When	P/E	ROCE	12M mom.	Drawdown	Next 12 months
GMRP&UI Industrial Services	Sep 2025	44x	13%	−29%	−30%	−8%
JINDWORLD Process Industries	Mar 2020	21x	12%	−56%	−60%	−14%
PRESTIGE Finance	Apr 2021	27x	13%	+56%	−13%	+41%
PGEL Electronic Technology	Apr 2024	62x	17%	+52%	−16%	+294%
PCBL Process Industries	Aug 2025	32x	12%	−24%	−36%	−21%

Show the other 3 matches

Company	When	P/E	ROCE	12M mom.	Drawdown	Next 12 months
AWFIS Finance	Aug 2025	59x	13%	−24%	−30%	−58%
SHOPERSTOP Retail Trade	Aug 2023	69x	15%	+17%	−12%	−25%
RKFORGE Producer Manufacturing	Aug 2022	16x	15%	+1%	−17%	+225%

How reliable is this?

Matched on P/E, P/S, ROCE, operating margin, debt/equity, interest cover, revenue growth, 12-month momentum, drawdown from 12-month high, size and volatility. Closest on: drawdown from 12-month high, 12-month momentum and ROCE. 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 PURAVANKARA 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

Feature	Weight	Non-financial	Financial
P/E	1	yes	yes
P/S	1	yes	—
P/B	1	—	yes
ROCE	1	yes	—
operating margin	1	yes	—
ROE	1	—	yes
debt/equity	0.75	yes	—
interest cover	0.5	yes	—
revenue growth	0.75	yes	yes
12-month momentum	1	yes	yes
drawdown from 12-month high	0.75	yes	yes
size	0.75	yes	yes
volatility	0.5	yes	yes

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.

TRUALT BIOENERGYTRUALT

Energy Minerals

61%similar

operating marginROCE

FUJIYAMA POWER SYSTEMSUTLSOLAR

Producer Manufacturing

56%similar

debt/equitypromoter holding

KRISHANA PHOSCHEMKRISHANA

Process Industries

53%similar

revenue growthvolatility

ADANI ENERGY SOLUTIONSADANIENSOL

Utilities

52%similar

debt/equityROCE

RANE (MADRAS)RML

Producer Manufacturing

52%similar

revenueEPS growth

MOTILAL OSWAL FINANCIAL SERVICMOTILALOFS

Finance

55%similar

debt/equityrevenue growth

AJMERA REALTY & INFRA INDIA LIAJMERA

Finance

52%similar

revenue growthEPS growth

KEYSTONE REALTORSRUSTOMJEE

Finance

50%similar

revenue growthmarket cap

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

What changed?

30 events since Jun '23

2026
NovPriceVolume reached 8.5x its 50-day median on 2026-11-03; price -0.5% that day.
AugPriceVolume reached 205.2x its 50-day median on 2026-08-17; price +3.8% that day.
JunResultsEPS (TTM) turned positive.
JunPeer rankMoved into the 2nd quartile of Finance on ROCE (from the 3rd quartile).
AprPriceVolume reached 80.2x its 50-day median on 2026-04-13; price +10.6% that day.
MarResultsRevenue (TTM) reached a new high of ₹2,779 cr.
MarPriceFell 70% from the Jul 2024 peak to the Mar 2026 low.
JanPriceVolume reached 224.5x its 50-day median on 2026-01-14; price +9.2% that day.

Show 22 earlier events

2025
DecPriceVolume reached 274.3x its 50-day median on 2025-12-23; price +7.6% that day.
SepPeer rankMoved into the 3rd quartile of Finance on operating margin (from the bottom quartile).
JulPriceVolume reached 20.0x its 50-day median on 2025-07-29; price +10.8% that day.
JunDividendDividend payout cut from 354% to 0% of profit.
JunPriceVolume reached 24.0x its 50-day median on 2025-06-19; price +2.8% that day.
MarResultsEPS (TTM) turned negative.
MarPeer rankSlipped to the bottom quartile of Finance on operating margin (from the 3rd quartile).
FebPriceVolume reached 9.4x its 50-day median on 2025-02-28; price +3.2% that day.
2024
DecValuationP/E crossed above the 90th percentile of its own history to date (129.2x).
OctPriceVolume reached 21.2x its 50-day median on 2024-10-29; price +3.4% that day.
SepResultsYear-on-year EPS growth turned positive.
SepPeer rankMoved into the 3rd quartile of Finance on EPS growth (from the bottom quartile).
JunResultsRevenue (TTM) reached a new high of ₹2,185 cr.
AprPriceRegained the 2024-01 peak, 1 month after the low.
AprPriceVolume reached 10.2x its 50-day median on 2024-04-09; price +19.3% that day.
MarPriceFell 32% from the Jan 2024 peak to the Mar 2024 low.
JanPriceVolume reached 13.8x its 50-day median on 2024-01-04; price +13.6% that day.
2023
NovPriceRegained the 2021-11 peak, 8 months after the low.
OctPriceVolume reached 15.9x its 50-day median on 2023-10-10; price +9.7% that day.
SepPriceVolume reached 23.5x its 50-day median on 2023-09-29; price +9.8% that day.
JunPeer rankSlipped to the 3rd quartile of Finance on ROCE (from the 2nd quartile).
JunDividendDividend payout cut from 80% to 36% of profit.

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

Month	P/E	Revenue (TTM)	ROE	ROCE	Debt / Equity
2026-11	29.7x	₹4064 cr	9.0%	11.0%	3.1x
2026-10	28.3x	₹4064 cr	9.0%	11.0%	3.1x
2026-09	30.5x	₹4064 cr	9.0%	11.0%	3.1x
2026-08	78.9x	₹3739 cr	3.3%	11.0%	3.1x
2026-07	78.1x	₹3739 cr	3.3%	11.0%	3.1x
2026-06	79.7x	₹3739 cr	3.3%	11.0%	3.1x
2026-05	—	₹2779 cr	-8.8%	6.0%	2.5x
2026-04	—	₹2779 cr	-8.8%	6.0%	2.5x
2026-03	—	₹2779 cr	-8.8%	6.0%	2.5x
2026-02	—	₹2028 cr	-18.1%	6.0%	2.5x
2026-01	—	₹2028 cr	-18.1%	6.0%	2.5x
2025-12	—	₹2028 cr	-18.1%	6.0%	2.5x
2025-11	—	₹1880 cr	-16.5%	6.0%	2.5x
2025-10	—	₹1880 cr	-16.5%	6.0%	2.5x
2025-09	—	₹1880 cr	-16.5%	6.0%	2.5x
2025-08	—	₹2014 cr	-11.3%	6.0%	2.5x
2025-07	—	₹2014 cr	-11.3%	6.0%	2.5x
2025-06	—	₹2014 cr	-11.3%	6.0%	2.5x
2025-05	—	₹2392 cr	-5.8%	10.0%	1.8x
2025-04	—	₹2392 cr	-5.8%	10.0%	1.8x
2025-03	—	₹2392 cr	-5.8%	10.0%	1.8x
2025-02	81.7x	₹2648 cr	3.9%	10.0%	1.8x
2025-01	99.6x	₹2648 cr	3.9%	10.0%	1.8x
2024-12	129.2x	₹2648 cr	3.9%	10.0%	1.8x
2024-11	119.2x	₹2520 cr	4.3%	10.0%	1.8x
2024-10	131.7x	₹2520 cr	4.3%	10.0%	1.8x
2024-09	125.1x	₹2520 cr	4.3%	10.0%	1.8x
2024-08	257.0x	₹2185 cr	2.4%	10.0%	1.8x
2024-07	254.6x	₹2185 cr	2.4%	10.0%	1.8x
2024-06	276.8x	₹2185 cr	2.4%	10.0%	1.8x
2024-05	144.6x	₹1236 cr	3.6%	7.0%	1.5x
2024-04	139.6x	₹1236 cr	3.6%	7.0%	1.5x
2024-03	74.9x	₹1236 cr	3.6%	7.0%	1.5x
2024-02	85.3x	₹1236 cr	3.6%	7.0%	1.5x
2024-01	92.6x	₹1236 cr	3.6%	7.0%	1.5x
2023-12	66.8x	₹1236 cr	3.6%	7.0%	1.5x
2023-11	55.9x	₹1236 cr	3.6%	7.0%	1.5x
2023-10	50.2x	₹1236 cr	3.6%	7.0%	1.5x
2023-09	46.9x	₹1236 cr	3.6%	7.0%	1.5x
2023-08	38.6x	₹1236 cr	3.6%	7.0%	1.5x
2023-07	37.7x	₹1236 cr	3.6%	7.0%	1.5x
2023-06	33.0x	₹1236 cr	3.6%	7.0%	1.5x
2023-05	13.4x	₹955 cr	7.8%	13.0%	1.3x
2023-04	12.4x	₹955 cr	7.8%	13.0%	1.3x
2023-03	10.5x	₹955 cr	7.8%	13.0%	1.3x
2023-02	12.6x	₹955 cr	7.8%	13.0%	1.3x
2023-01	14.4x	₹955 cr	7.8%	13.0%	1.3x
2022-12	14.8x	₹955 cr	7.8%	13.0%	1.3x
2022-11	14.8x	₹955 cr	7.8%	13.0%	1.3x
2022-10	15.2x	₹955 cr	7.8%	13.0%	1.3x
2022-09	15.2x	₹955 cr	7.8%	13.0%	1.3x
2022-08	16.8x	₹955 cr	7.8%	13.0%	1.3x
2022-07	15.2x	₹955 cr	7.8%	13.0%	1.3x
2022-06	13.3x	₹955 cr	7.8%	13.0%	1.3x
2022-05	—	₹963 cr	-0.2%	8.0%	1.5x
2022-04	—	₹963 cr	-0.2%	8.0%	1.5x
2022-03	—	₹963 cr	-0.2%	8.0%	1.5x
2022-02	—	₹963 cr	-0.2%	8.0%	1.5x
2022-01	—	₹963 cr	-0.2%	8.0%	1.5x
2021-12	—	₹963 cr	-0.2%	8.0%	1.5x
2021-11	—	₹963 cr	-0.2%	8.0%	1.5x
2021-10	—	₹963 cr	-0.2%	8.0%	1.5x
2021-09	—	₹963 cr	-0.2%	8.0%	1.5x
2021-08	—	₹963 cr	-0.2%	8.0%	1.5x
2021-07	—	₹963 cr	-0.2%	8.0%	1.5x
2021-06	—	₹963 cr	-0.2%	8.0%	1.5x
2021-05	21.8x	₹2128 cr	4.9%	10.0%	1.4x
2021-04	17.7x	₹2128 cr	4.9%	10.0%	1.4x
2021-03	18.8x	₹2128 cr	4.9%	10.0%	1.4x
2021-02	21.1x	₹2128 cr	4.9%	10.0%	1.4x
2021-01	21.3x	₹2128 cr	4.9%	10.0%	1.4x
2020-12	22.6x	₹2128 cr	4.9%	10.0%	1.4x
2020-11	19.9x	₹2128 cr	4.9%	10.0%	1.4x
2020-10	11.5x	₹2128 cr	4.9%	10.0%	1.4x
2020-09	11.5x	₹2128 cr	4.9%	10.0%	1.4x
2020-08	12.9x	₹2128 cr	4.9%	10.0%	1.4x
2020-07	10.9x	₹2128 cr	4.9%	10.0%	1.4x
2020-06	10.8x	₹2128 cr	4.9%	10.0%	1.4x
2020-05	7.9x	₹2050 cr	6.6%	10.0%	1.6x
2020-04	7.7x	₹2050 cr	6.6%	10.0%	1.6x
2020-03	7.3x	₹2050 cr	6.6%	10.0%	1.6x
2020-02	10.6x	₹2050 cr	6.6%	10.0%	1.6x
2020-01	14.0x	₹2050 cr	6.6%	10.0%	1.6x
2019-12	11.9x	₹2050 cr	6.6%	10.0%	1.6x
2019-11	12.6x	₹2050 cr	6.6%	10.0%	1.6x
2019-10	13.6x	₹2050 cr	6.6%	10.0%	1.6x
2019-09	13.4x	₹2050 cr	6.6%	10.0%	1.6x
2019-08	13.1x	₹2050 cr	6.6%	10.0%	1.6x
2019-07	12.8x	₹2050 cr	6.6%	10.0%	1.6x
2019-06	14.5x	₹2050 cr	6.6%	10.0%	1.6x
2019-05	21.5x	₹1415 cr	4.1%	8.0%	1.0x
2019-04	19.0x	₹1415 cr	4.1%	8.0%	1.0x
2019-03	19.2x	₹1415 cr	4.1%	8.0%	1.0x
2019-02	18.2x	₹1415 cr	4.1%	8.0%	1.0x
2019-01	18.6x	₹1415 cr	4.1%	8.0%	1.0x

Methodology and data notes