QUICK HEAL TECHNOLOGIES LTD (QUICKHEAL): Financials & Fundamentals History

Share price

Closing priceAdjusted for splits and bonus issues.

3M1Y3YAll

₹152.44 latest close · −10.9% over the last 90 sessions

₹152.44 month-end · −50.4% over 12 months

₹152.44 month-end · −57.1% over 3 years

₹152.44 month-end · −19.2% since Jan '19

52-week range ₹125.00 to ₹337.00 · 1-year volatility 50.4%

How rough has the ride been?

Maximum drawdown-84.5%not yet recovered

1-year volatility50.4%annualised

Beta vs sector index0.983-year daily, correlation 0.35

Volume spikes9last 90 sessions, 5x the 50-day median

Drawdown from peak

Largest drawdowns

-84.5% (2024-10 peak to 2026-03 low, not yet recovered)

-71.4% (2019-04 peak to 2020-03 low, recovered 2021-06)

-58.6% (2021-07 peak to 2023-03 low, recovered 2023-10)

Most recent volume spikes

2026-11-02: 14.7x the 50-day median, price -5.3% that day

2026-10-30: 277x the 50-day median, price +12.9% that day

2026-10-19: 5.1x the 50-day median, price +1.9% that day

Beta is the slope of daily returns against a market-cap-weighted index of the sector's other listed companies, built from today's constituents (so it excludes companies no longer listed).

Where does it rank among 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

ROCE6th▼ 8 pts vs a year ago
Op. margin6thflat vs a year ago
Revenue growth11th▼ 3 pts vs a year ago
EPS growth4th▼ 9 pts vs a year ago
Debt/equity ↓96thflat vs a year ago
Cash cycle ↓9thflat vs a year ago
P/E ↓9th▼ 8 pts vs a year ago
12M momentum10thflat 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 Technology Services sector page Watch it move against Technology Services in the Observatory

What is the price implying?

Trailing earnings per share are negative, so a P/E-based figure does not exist. See the loss-makers list on the Expectations Gap page for a revenue-based version.

“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: ₹152.44
ROCE: -6.0%
Market Cap: ₹830 cr
Revenue (TTM): ₹249 cr
P/S: 3.3x
P/B: 1.9x
ROE: -2.5%
Operating Margin: -39.0%
Debt / Equity: 0.0x
Promoter Holding: 71.5%
12M Momentum: -50.4%

52-week range

₹125.00₹337.00

13% of the way from its 52-week low to its high

Price risk

1Y volatility

50.4%

Beta vs sector

1-year daily

0.83

Balance sheet & cash

Debt service

no meaningful debt

Cash from profit, 3Y

operating cash flow ÷ net profit

0.61x

Share count, 1Y

unchanged

Are profits backed by cash?

2 of 4checks within range2 near a threshold

Other income reliance—Not enough data

Not enough reported data to compute this.

Tax rate—Not enough data

Not enough reported data to compute this.

Cash conversion0.61xNear threshold

Operating cash flow divided by net profit over the last three fiscal years: 0.61x (cash from operations ₹11 cr, net profit ₹18 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+27 daysNear threshold

Debtor days are above the median of the previous three fiscal years by 27 days (192 vs 165). 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, promoters trimmed 1.6 pts; DIIs trimmed 1.1 pts; FIIs trimmed 1.1 pts.
The number of shareholders rose from 57,528 to 62,251 (+8%) between Sep 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupSep '23Jun '26Change

Promoters73.1%71.5%-1.6 pts

FIIs1.6%0.5%-1.1 pts

DIIs1.1%0.0%-1.1 pts

Public and others24.2%28.1%+3.8 pts

Number of shareholders

62,251shareholders+8% since Sep '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

−10.3%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 QUICK HEAL TECHNOLOGIES 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 −18% to +22% vs the market, against −5% for all non-financial companies in the same months.
The gap against the base rate (−5.4%, 80% range −10.8% to +2.4%) 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 · 4 beyond the range shown, drawn at the edge

Similar setups' median

−10.3%

All companies' median

−4.9%

Beat the market

42% vs 45%

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

The closest matches

Company	When	P/E	ROCE	12M mom.	Drawdown	Next 12 months
63MOONS Technology Services	Jan 2023	—	-2%	−37%	−47%	+84%
NEXTMEDIA Consumer Services	Dec 2020	—	-12%	−30%	−33%	+13%
ENIL Consumer Services	Jun 2021	—	-8%	+21%	−14%	+2%
KREBSBIO Health Technology	Nov 2023	—	-29%	−24%	−31%	−2%
PRAXIS Retail Trade	Oct 2025	—	-10%	−49%	−52%	−64%

Show the other 3 matches

Company	When	P/E	ROCE	12M mom.	Drawdown	Next 12 months
MTNL Communications	Jul 2023	—	-7%	−19%	−32%	+181%
BALAJITELE Consumer Services	Jun 2021	—	-18%	−14%	−34%	−36%
SUBEXLTD Technology Services	Apr 2024	—	-6%	−4%	−31%	−62%

How reliable is this?

Matched on P/S, ROCE, operating margin, debt/equity, 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. Not used (unavailable for this company): P/E and interest cover. This company is loss-making, so it was only compared with loss-making companies. 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 QUICK HEAL TECHNOLOGIES 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

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.

GOCL CORPORATIONGOCLCORP

Process Industries

66%similar

operating margindebt/equity

VISA CHROMEVISACHROME

Non-Energy Minerals

64%similar

ROCErevenue growth

BAFNA PHARMACEUTICALSBAFNAPH

Health Technology

62%similar

ROCEvolatility

CONSOLIDATED CONSTRUCTION CONSCCCL

Industrial Services

62%similar

debt/equityvolatility

HINDUSTAN OIL EXPLORATION COHINDOILEXP

Energy Minerals

58%similar

revenueROCE

63 MOONS TECHNOLOGIES63MOONS

Technology Services

25%similar

operating marginROCE

EXCELSOFT TECHNOLOGIESEXCELSOFT

Technology Services

2%similar

market caprevenue

ALLIED DIGITAL SERVICES LIMITEADSL

Technology Services

1%similar

volatilitymarket 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
OctPriceVolume reached 277.0x its 50-day median on 2026-10-30; price +12.9% that day.
SepPriceVolume reached 48.2x its 50-day median on 2026-09-15; price +7.7% that day.
JunResultsEPS (TTM) turned negative.
MayPriceVolume reached 228.3x its 50-day median on 2026-05-11; price -0.1% that day.
MarResultsEPS (TTM) turned positive.
MarPriceFell 84% from the Oct 2024 peak to the Mar 2026 low.
MarPeer rankSlipped to the bottom quartile of Technology Services on operating margin (from the 3rd quartile).
FebPriceVolume reached 38.9x its 50-day median on 2026-02-17; price +7.3% that day.

Show 22 earlier events

2025
DecPeer rankMoved into the 3rd quartile of Technology Services on operating margin (from the bottom quartile).
OctPriceVolume reached 89.7x its 50-day median on 2025-10-15; price +10.8% that day.
SepResultsEPS (TTM) turned negative.
JulPriceVolume reached 25.3x its 50-day median on 2025-07-01; price +7.6% that day.
JunResultsYear-on-year EPS growth turned negative.
JunValuationP/E crossed above the 90th percentile of its own history to date (394.1x).
JunPeer rankSlipped to the bottom quartile of Technology Services on EPS growth (from the top quartile).
JunDividendDividend payout cut from 66% to 0% of profit.
JunPriceVolume reached 29.5x its 50-day median on 2025-06-04; price +17.2% that day.
2024
OctPriceVolume reached 12.5x its 50-day median on 2024-10-04; price +8.9% that day.
JulPriceRegained the 2024-03 peak, 1 month after the low.
JulPriceVolume reached 33.5x its 50-day median on 2024-07-18; price +11.5% that day.
JunResultsYear-on-year EPS growth turned positive.
JunPriceFell 29% from the Mar 2024 peak to the Jun 2024 low.
JunPeer rankMoved into the top quartile of Technology Services on EPS growth (from the bottom quartile).
JunDividendDividend payout cut from 207% to 66% of profit.
JunPriceVolume reached 9.0x its 50-day median on 2024-06-18; price +10.7% that day.
JanPriceVolume reached 6.2x its 50-day median on 2024-01-18; price +10.9% that day.
2023
OctPriceRegained the 2021-07 peak, 7 months after the low.
OctPriceVolume reached 23.5x its 50-day median on 2023-10-06; price +12.0% that day.
SepPriceVolume reached 33.0x its 50-day median on 2023-09-28; price +17.4% that day.
JunPeer rankSlipped to the bottom quartile of Technology Services on ROCE (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 history95 months · 2019-01 to 2026-11

Month	P/E	Revenue (TTM)	ROE	ROCE	Debt / Equity
2026-11	—	₹249 cr	-2.5%	-6.0%	0.0x
2026-10	—	₹249 cr	-2.5%	-6.0%	0.0x
2026-09	—	₹249 cr	-2.5%	-6.0%	0.0x
2026-08	—	₹261 cr	-2.5%	-6.0%	0.0x
2026-07	—	₹261 cr	-2.5%	-6.0%	0.0x
2026-06	—	₹261 cr	-2.5%	-6.0%	0.0x
2026-05	175.5x	₹277 cr	1.3%	0.0%	0.0x
2026-04	157.2x	₹277 cr	1.3%	0.0%	0.0x
2026-03	118.4x	₹277 cr	1.3%	0.0%	0.0x
2026-02	—	₹277 cr	-0.2%	0.0%	0.0x
2026-01	—	₹277 cr	-0.2%	0.0%	0.0x
2025-12	—	₹277 cr	-0.2%	0.0%	0.0x
2025-11	—	₹266 cr	-1.0%	0.0%	0.0x
2025-10	—	₹266 cr	-1.0%	0.0%	0.0x
2025-09	—	₹266 cr	-1.0%	0.0%	0.0x
2025-08	307.7x	₹280 cr	1.1%	0.0%	0.0x
2025-07	330.3x	₹280 cr	1.1%	0.0%	0.0x
2025-06	394.1x	₹280 cr	1.1%	0.0%	0.0x
2025-05	68.7x	₹294 cr	5.1%	6.0%	0.0x
2025-04	67.9x	₹294 cr	5.1%	6.0%	0.0x
2025-03	69.0x	₹294 cr	5.1%	6.0%	0.0x
2025-02	49.1x	₹306 cr	7.4%	6.0%	0.0x
2025-01	76.8x	₹306 cr	7.4%	6.0%	0.0x
2024-12	108.8x	₹306 cr	7.4%	6.0%	0.0x
2024-11	80.9x	₹311 cr	9.4%	6.0%	0.0x
2024-10	78.0x	₹311 cr	9.4%	6.0%	0.0x
2024-09	86.1x	₹311 cr	9.4%	6.0%	0.0x
2024-08	156.4x	₹292 cr	5.5%	6.0%	0.0x
2024-07	131.5x	₹292 cr	5.5%	6.0%	0.0x
2024-06	109.5x	₹292 cr	5.5%	6.0%	0.0x
2024-05	367.1x	₹278 cr	1.4%	0.0%	0.0x
2024-04	407.9x	₹278 cr	1.4%	0.0%	0.0x
2024-03	388.0x	₹278 cr	1.4%	0.0%	0.0x
2024-02	439.0x	₹278 cr	1.4%	0.0%	0.0x
2024-01	416.4x	₹278 cr	1.4%	0.0%	0.0x
2023-12	298.7x	₹278 cr	1.4%	0.0%	0.0x
2023-11	293.8x	₹278 cr	1.4%	0.0%	0.0x
2023-10	267.4x	₹278 cr	1.4%	0.0%	0.0x
2023-09	236.9x	₹278 cr	1.4%	0.0%	0.0x
2023-08	182.5x	₹278 cr	1.4%	0.0%	0.0x
2023-07	131.4x	₹278 cr	1.4%	0.0%	0.0x
2023-06	131.7x	₹278 cr	1.4%	0.0%	0.0x
2023-05	9.8x	₹342 cr	13.2%	15.0%	0.0x
2023-04	9.6x	₹342 cr	13.2%	15.0%	0.0x
2023-03	9.3x	₹342 cr	13.2%	15.0%	0.0x
2023-02	10.2x	₹342 cr	13.2%	15.0%	0.0x
2023-01	11.5x	₹342 cr	13.2%	15.0%	0.0x
2022-12	12.2x	₹342 cr	13.2%	15.0%	0.0x
2022-11	12.6x	₹342 cr	13.2%	15.0%	0.0x
2022-10	13.1x	₹342 cr	13.2%	15.0%	0.0x
2022-09	13.9x	₹342 cr	13.2%	15.0%	0.0x
2022-08	15.0x	₹342 cr	13.2%	15.0%	0.0x
2022-07	14.5x	₹342 cr	13.2%	15.0%	0.0x
2022-06	11.0x	₹342 cr	13.2%	15.0%	0.0x
2022-05	10.2x	₹333 cr	14.2%	21.0%	0.0x
2022-04	11.3x	₹333 cr	14.2%	21.0%	0.0x
2022-03	10.7x	₹333 cr	14.2%	21.0%	0.0x
2022-02	10.8x	₹333 cr	14.2%	21.0%	0.0x
2022-01	12.5x	₹333 cr	14.2%	21.0%	0.0x
2021-12	14.9x	₹333 cr	14.2%	21.0%	0.0x
2021-11	12.9x	₹333 cr	14.2%	21.0%	0.0x
2021-10	13.3x	₹333 cr	14.2%	21.0%	0.0x
2021-09	14.2x	₹333 cr	14.2%	21.0%	0.0x
2021-08	13.2x	₹333 cr	14.2%	21.0%	0.0x
2021-07	18.2x	₹333 cr	14.2%	21.0%	0.0x
2021-06	16.2x	₹333 cr	14.2%	21.0%	0.0x
2021-05	19.7x	₹286 cr	11.5%	14.0%	0.0x
2021-04	16.0x	₹286 cr	11.5%	14.0%	0.0x
2021-03	16.1x	₹286 cr	11.5%	14.0%	0.0x
2021-02	13.1x	₹286 cr	11.5%	14.0%	0.0x
2021-01	13.6x	₹286 cr	11.5%	14.0%	0.0x
2020-12	14.9x	₹286 cr	11.5%	14.0%	0.0x
2020-11	13.4x	₹286 cr	11.5%	14.0%	0.0x
2020-10	13.9x	₹286 cr	11.5%	14.0%	0.0x
2020-09	13.6x	₹286 cr	11.5%	14.0%	0.0x
2020-08	10.9x	₹286 cr	11.5%	14.0%	0.0x
2020-07	9.5x	₹286 cr	11.5%	14.0%	0.0x
2020-06	10.0x	₹286 cr	11.5%	14.0%	0.0x
2020-05	7.9x	₹315 cr	11.6%	18.0%	0.0x
2020-04	9.0x	₹315 cr	11.6%	18.0%	0.0x
2020-03	6.2x	₹315 cr	11.6%	18.0%	0.0x
2020-02	8.7x	₹315 cr	11.6%	18.0%	0.0x
2020-01	9.7x	₹315 cr	11.6%	18.0%	0.0x
2019-12	9.8x	₹315 cr	11.6%	18.0%	0.0x
2019-11	10.0x	₹315 cr	11.6%	18.0%	0.0x
2019-10	10.2x	₹315 cr	11.6%	18.0%	0.0x
2019-09	10.1x	₹315 cr	11.6%	18.0%	0.0x
2019-08	8.7x	₹315 cr	11.6%	18.0%	0.0x
2019-07	9.4x	₹315 cr	11.6%	18.0%	0.0x
2019-06	12.9x	₹315 cr	11.6%	18.0%	0.0x
2019-05	16.0x	₹318 cr	11.5%	18.0%	0.0x
2019-04	17.7x	₹318 cr	11.5%	18.0%	0.0x
2019-03	19.1x	₹318 cr	11.5%	18.0%	0.0x
2019-02	18.3x	₹318 cr	11.5%	18.0%	0.0x
2019-01	16.0x	₹318 cr	11.5%	18.0%	0.0x

Methodology and data notes