Share price
₹47.33 latest close · +64.1% over the last 90 sessions
₹47.33 month-end · +27.6% over 12 months
₹47.33 month-end · +233.3% over 3 years
₹47.33 month-end · +1252.3% since Jan '19
52-week range ₹23.00 to ₹72.04 · 1-year volatility 61.1%
How rough has the ride been?
Drawdown from peak
Largest drawdowns
-58.5% (2019-01 peak to 2019-10 low, recovered 2021-07)
-55.1% (2024-03 peak to 2025-08 low, recovered 2026-08)
-49.7% (2022-01 peak to 2022-06 low, recovered 2022-09)
Most recent volume spikes
2026-09-04: 9x the 50-day median, price +4.7% that day
2026-09-03: 6.1x the 50-day median, price +5.0% that day
2026-09-01: 9x the 50-day median, price -5.0% 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?
Usual range 1.8x to 275.7x since 2019-01.
1082% above the Technology Services median.
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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.
Where does it rank among Technology Services peers?
Each cell is the company's percentile rank among its Technology Services 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
- ROCE24th▲ 8 pts vs a year ago
- Op. margin91st▲ 3 pts vs a year ago
- Revenue growth99thflat vs a year ago
- EPS growth2ndflat vs a year ago
- Debt/equity ↓3rd▼ 42 pts vs a year ago
- Cash cycle ↓29th▼ 58 pts vs a year ago
- P/E ↓3rd
- 12M momentum91stflat vs a year ago
Rank history
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 Technology Services sector page Watch it move against Technology Services in the Observatory
What is the price implying?
At a P/E of 32.5x, the price would imply about 21.0%/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 Technology Services The market-wide Expectations lists
Key figures
- Share Priceclose 9 Nov
- ₹47.33
- P/E
- 249.1x
- ROCE
- 6.0%
- Market Cap
- ₹1233 cr
- Revenue (TTM)
- ₹118 cr
- P/S
- 10.5x
- P/B
- 5.7x
- ROE
- 2.3%
- Operating Margin
- 29.0%
- Debt / Equity
- 1.2x
- Promoter Holding
- 61.3%
- 12M Momentum
- 27.6%
52-week range
Price risk
Balance sheet & cash
Are profits backed by cash?
Other income reliance300%Beyond threshold
Other income as a share of pre-tax profit (trailing twelve months): 300.0%. Bands: below 15%, 15% to 35%, above 35%.
Tax rate-19%Beyond threshold
Median quarterly effective tax rate over about 2.5 years: -18.5%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.
Cash conversion-0.06xBeyond threshold
Operating cash flow divided by net profit over the last three fiscal years: -0.06x (cash from operations ₹-3 cr, net profit ₹47 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+88 daysBeyond threshold
Debtor days are above the median of the previous three fiscal years by 88 days (106 vs 18). 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.
Who has been buying and selling?
- Over 3 years, promoters added 1.9 pts; FIIs trimmed 0.9 pts.
- The number of shareholders rose from 37,026 to 40,079 (+8%) between Sep 2023 and Jun 2026.
Holdings, Jun '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.
What happened next to similar setups
- We found 50 past situations where a non-financial company looked like PVP VENTURES 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 −31% to +29% vs the market, against −3% for all non-financial companies in the same months.
- The gap against the base rate (−1.1%, 80% range −12.1% to +9.5%) 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 · 6 beyond the range shown, drawn at the edge
50 past situations · 50 companies · 39 months · 2020–2025
The closest matches
| Company | When | P/E | ROCE | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| DBREALTY Finance |
Dec 2022 | 90x | -1% | +101% | −29% | +56% |
| TARC Finance |
Jan 2022 | 229x | 1% | +111% | −19% | −12% |
| INOXWIND Producer Manufacturing |
Jan 2025 | 272x | 4% | +41% | −34% | −39% |
| MAXESTATES Finance |
Jun 2025 | 196x | 3% | +8% | −27% | −15% |
| SPECIALITY Consumer Services |
Feb 2023 | 121x | 8% | +49% | −24% | −31% |
Show the other 3 matches
| Company | When | P/E | ROCE | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| DHANI Finance |
Jan 2021 | 3744x | 6% | +91% | −13% | −71% |
| HINDCOPPER Non-Energy Minerals |
Jul 2021 | 129x | 6% | +334% | −19% | −38% |
| PURVA Finance |
Dec 2024 | 129x | 10% | +103% | −31% | −40% |
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 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.
What else looks like this?
Companies with the most similar financial profile today, regardless of industry.
Similarity is statistical, based on reported metrics; it does not imply similar business quality or future returns.
What changed?
30 events since Oct '23
- OctPriceFell 42% from the Sep 2026 peak to the Oct 2026 low.
- SepResultsEPS (TTM) turned positive.
- SepValuationP/E crossed above the 90th percentile of its own history to date (279.6x).
- SepPeer rankMoved into the top quartile of Technology Services on operating margin (from the 2nd quartile).
- AugPriceRegained the 2024-03 peak, 12 months after the low.
- AugPriceVolume reached 26.9x its 50-day median on 2026-08-06; price +19.6% that day.
- JunPeer rankSlipped to the 2nd quartile of Technology Services on operating margin (from the top quartile).
- JunDebtDebt / equity rose above 1.0x (1.18x).
Show 22 earlier events
- AprPriceVolume reached 61.5x its 50-day median on 2026-04-09; price +8.7% that day.
- MarPeer rankMoved into the top quartile of Technology Services on operating margin (from the 3rd quartile).
- FebPriceVolume reached 8.5x its 50-day median on 2026-02-20; price +4.7% that day.
- DecPeer rankSlipped to the 3rd quartile of Technology Services on operating margin (from the top quartile).
- OctPriceVolume reached 6.6x its 50-day median on 2025-10-27; price +5.0% that day.
- SepPriceVolume reached 45.9x its 50-day median on 2025-09-05; price +20.0% that day.
- AugPriceFell 55% from the Mar 2024 peak to the Aug 2025 low.
- JunResultsEPS (TTM) turned negative.
- JunPeer rankMoved into the top quartile of Technology Services on operating margin (from the bottom quartile).
- JanDebtDebt / equity halved over 12 months to 0.19x.
- JanPriceVolume reached 17.8x its 50-day median on 2025-01-06; price -2.0% that day.
- DecPriceVolume reached 20.7x its 50-day median on 2024-12-23; price +15.5% that day.
- AugPriceVolume reached 10.2x its 50-day median on 2024-08-07; price +20.0% that day.
- JunPeer rankSlipped to the bottom quartile of Technology Services on ROCE (from the top quartile).
- JunDebtDebt / equity halved over 12 months to 0.19x.
- JunSharesShare count is up 6.6% over 12 months.
- MarPromoterPromoter holding rose 2.0 pts to 61.4%.
- FebPriceVolume reached 20.0x its 50-day median on 2024-02-28; price +4.8% that day.
- JanPriceRegained the 2023-10 peak, 1 month after the low.
- DecPriceFell 26% from the Oct 2023 peak to the Dec 2023 low.
- OctPriceRegained the 2023-05 peak, 2 months after the low.
- OctPriceVolume reached 15.8x its 50-day median on 2023-10-12; price -5.0% 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
Monthly history95 months · 2019-01 to 2026-11
| Month | P/E | Revenue (TTM) | ROE | ROCE | Debt / Equity |
|---|---|---|---|---|---|
| 2026-11 | 249.1x | ₹118 cr | 2.3% | 6.0% | 1.2x |
| 2026-10 | 233.8x | ₹118 cr | 2.3% | 6.0% | 1.2x |
| 2026-09 | 279.6x | ₹118 cr | 2.3% | 6.0% | 1.2x |
| 2026-08 | — | ₹89 cr | -3.1% | 6.0% | 1.2x |
| 2026-07 | — | ₹89 cr | -3.1% | 6.0% | 1.2x |
| 2026-06 | — | ₹89 cr | -3.1% | 6.0% | 1.2x |
| 2026-05 | — | ₹67 cr | -3.1% | 1.0% | 0.1x |
| 2026-04 | — | ₹67 cr | -3.1% | 1.0% | 0.1x |
| 2026-03 | — | ₹67 cr | -3.1% | 1.0% | 0.1x |
| 2026-02 | — | ₹55 cr | -2.1% | 1.0% | 0.1x |
| 2026-01 | — | ₹55 cr | -2.1% | 1.0% | 0.1x |
| 2025-12 | — | ₹55 cr | -2.1% | 1.0% | 0.1x |
| 2025-11 | — | ₹41 cr | -2.1% | 1.0% | 0.1x |
| 2025-10 | — | ₹41 cr | -2.1% | 1.0% | 0.1x |
| 2025-09 | — | ₹41 cr | -2.1% | 1.0% | 0.1x |
| 2025-08 | — | ₹27 cr | -2.7% | 1.0% | 0.1x |
| 2025-07 | — | ₹27 cr | -2.7% | 1.0% | 0.1x |
| 2025-06 | — | ₹27 cr | -2.7% | 1.0% | 0.1x |
| 2025-05 | 294.9x | ₹12 cr | 0.9% | -2.0% | 0.2x |
| 2025-04 | 298.8x | ₹12 cr | 0.9% | -2.0% | 0.2x |
| 2025-03 | 273.1x | ₹12 cr | 0.9% | -2.0% | 0.2x |
| 2025-02 | 8.9x | ₹14 cr | 20.4% | -2.0% | 0.2x |
| 2025-01 | 11.1x | ₹14 cr | 20.4% | -2.0% | 0.2x |
| 2024-12 | 12.1x | ₹14 cr | 20.4% | -2.0% | 0.2x |
| 2024-11 | 9.4x | ₹11 cr | 20.1% | -2.0% | 0.2x |
| 2024-10 | 10.6x | ₹11 cr | 20.1% | -2.0% | 0.2x |
| 2024-09 | 10.8x | ₹11 cr | 20.1% | -2.0% | 0.2x |
| 2024-08 | 12.8x | ₹8 cr | 19.5% | -2.0% | 0.2x |
| 2024-07 | 10.1x | ₹8 cr | 19.5% | -2.0% | 0.2x |
| 2024-06 | 8.8x | ₹8 cr | 19.5% | -2.0% | 0.2x |
| 2024-05 | 4.2x | ₹176 cr | 109.0% | 61.0% | 0.8x |
| 2024-04 | 5.3x | ₹176 cr | 109.0% | 61.0% | 0.8x |
| 2024-03 | 6.5x | ₹176 cr | 109.0% | 61.0% | 0.8x |
| 2024-02 | 5.3x | ₹176 cr | 109.0% | 61.0% | 0.8x |
| 2024-01 | 3.4x | ₹176 cr | 109.0% | 61.0% | 0.8x |
| 2023-12 | 2.5x | ₹176 cr | 109.0% | 61.0% | 0.8x |
| 2023-11 | 2.4x | ₹176 cr | 109.0% | 61.0% | 0.8x |
| 2023-10 | 2.3x | ₹176 cr | 109.0% | 61.0% | 0.8x |
| 2023-09 | 1.8x | ₹176 cr | 109.0% | 61.0% | 0.8x |
| 2023-08 | 1.7x | ₹176 cr | 109.0% | 61.0% | 0.8x |
| 2023-07 | 1.7x | ₹176 cr | 109.0% | 61.0% | 0.8x |
| 2023-06 | 1.7x | ₹176 cr | 109.0% | 61.0% | 0.8x |
| 2023-05 | — | ₹49 cr | — | 3.0% | — |
| 2023-04 | — | ₹49 cr | — | 3.0% | — |
| 2023-03 | — | ₹49 cr | — | 3.0% | — |
| 2023-02 | — | ₹49 cr | — | 3.0% | — |
| 2023-01 | — | ₹49 cr | — | 3.0% | — |
| 2022-12 | — | ₹49 cr | — | 3.0% | — |
| 2022-11 | — | ₹49 cr | — | 3.0% | — |
| 2022-10 | — | ₹49 cr | — | 3.0% | — |
| 2022-09 | — | ₹49 cr | — | 3.0% | — |
| 2022-08 | — | ₹49 cr | — | 3.0% | — |
| 2022-07 | — | ₹49 cr | — | 3.0% | — |
| 2022-06 | — | ₹49 cr | — | 3.0% | — |
| 2022-05 | — | ₹18 cr | -498.9% | -4.0% | 32.1x |
| 2022-04 | — | ₹18 cr | -498.9% | -4.0% | 32.1x |
| 2022-03 | — | ₹18 cr | -498.9% | -4.0% | 32.1x |
| 2022-02 | — | ₹18 cr | -498.9% | -4.0% | 32.1x |
| 2022-01 | — | ₹18 cr | -498.9% | -4.0% | 32.1x |
| 2021-12 | — | ₹18 cr | -498.9% | -4.0% | 32.1x |
| 2021-11 | — | ₹18 cr | -498.9% | -4.0% | 32.1x |
| 2021-10 | — | ₹18 cr | -498.9% | -4.0% | 32.1x |
| 2021-09 | — | ₹18 cr | -498.9% | -4.0% | 32.1x |
| 2021-08 | — | ₹18 cr | -498.9% | -4.0% | 32.1x |
| 2021-07 | — | ₹18 cr | -498.9% | -4.0% | 32.1x |
| 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 | — | — | — | — | — |
| 2020-04 | — | — | — | — | — |
| 2020-03 | — | — | — | — | — |
| 2020-02 | — | — | — | — | — |
| 2020-01 | — | — | — | — | — |
| 2019-12 | — | — | — | — | — |
| 2019-11 | — | — | — | — | — |
| 2019-10 | — | ₹37 cr | -60.5% | -9.0% | 2.8x |
| 2019-09 | — | ₹37 cr | -60.5% | -9.0% | 2.8x |
| 2019-08 | — | ₹37 cr | -60.5% | -9.0% | 2.8x |
| 2019-07 | — | ₹37 cr | -60.5% | -9.0% | 2.8x |
| 2019-06 | — | ₹37 cr | -60.5% | -9.0% | 2.8x |
| 2019-05 | — | ₹58 cr | -19.8% | -2.0% | 1.6x |
| 2019-04 | — | ₹58 cr | -19.8% | -2.0% | 1.6x |
| 2019-03 | — | ₹58 cr | -19.8% | -2.0% | 1.6x |
| 2019-02 | — | ₹58 cr | -19.8% | -2.0% | 1.6x |
| 2019-01 | — | ₹58 cr | -19.8% | -2.0% | 1.6x |