Share price
₹51.34 latest close · −46.0% over the last 90 sessions
₹51.34 month-end · −72.5% over 12 months
₹51.34 month-end · −85.5% over 3 years
₹51.34 month-end · −91.5% since Jan '19
52-week range ₹48.39 to ₹237.88 · 1-year volatility 50.3%
Was the rally earned?
Earnings helped, the multiple did not.
- Per-share earnings added 47 points, but investors now pay less per rupee of profit (P/E 74.9x to 9.0x), which took 119 points back.
- The share count barely moved.
Mostly earnings.
- Per-share earnings took off 95 points, while the multiple moved less (P/E 7.3x to 9.0x).
- The share count barely moved.
Both mattered.
- Per-share earnings took off 55 points and the multiple took off 38 points (P/E 26.8x to 9.0x).
- The share count barely moved.
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.
Net profit is trailing twelve months as reported with a 60-day lag.
How rough has the ride been?
Drawdown from peak
Largest drawdowns
-94.8% (2022-01 peak to 2026-11 low, not yet recovered)
-41.3% (2020-02 peak to 2020-08 low, recovered 2021-11)
Most recent volume spikes
2026-10-01: 5.2x the 50-day median, price -1.0% that day
2026-09-22: 6.9x the 50-day median, price -2.7% that day
2026-09-18: 12.9x the 50-day median, price -3.5% 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 9.7x to 74.2x since 2019-01.
65% below the Consumer Durables 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 Consumer Durables peers?
Each cell is the company's percentile rank among its Consumer Durables 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
- ROCE8thflat vs a year ago
- Op. margin14thflat vs a year ago
- Revenue growth94th▼ 3 pts vs a year ago
- EPS growth94thflat vs a year ago
- Debt/equity ↓80thflat vs a year ago
- Cash cycle ↓81stflat vs a year ago
- P/E ↓97th▲ 83 pts vs a year ago
- 12M momentum2nd▼ 30 pts 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 Consumer Durables sector page Watch it move against Consumer Durables in the Observatory
What is the price implying?
At a P/E of 2.5x, the price would imply about −6.3%/yr earnings growth for 10 years under the same assumptions, but it is not ranked.
Earnings are near zero or the P/E is extreme, so implied growth is not meaningful.
“Implied growth” is what the current price would require under our stated assumptions, not what we expect.
What prices imply across Consumer Durables The market-wide Expectations lists
Key figures
- Share Priceclose 9 Nov
- ₹51.34
- P/E
- 9.0x
- ROCE
- 2.0%
- Market Cap
- ₹1514 cr
- Revenue (TTM)
- ₹8.88L cr
- P/S
- 0.0x
- P/B
- 0.1x
- ROE
- 1.0%
- Operating Margin
- 0.0%
- Debt / Equity
- 0.1x
- Promoter Holding
- 54.5%
- 12M Momentum
- -72.5%
52-week range
Price risk
Balance sheet & cash
Are profits backed by cash?
Other income reliance127%Beyond threshold
Other income as a share of pre-tax profit (trailing twelve months): 127.2%. Bands: below 15%, 15% to 35%, above 35%.
Tax rate21%Within range
Median quarterly effective tax rate over about 2.5 years: 21.0%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.
Cash conversion15.66xWithin range
Operating cash flow divided by net profit over the last three fiscal years: 15.66x (cash from operations ₹8,521 cr, net profit ₹544 cr). Bands: 0.8x and above, 0.5x to 0.8x, below 0.5x.
Free cash flow3 of 5 yrsNear threshold
Fiscal years with positive free cash flow in the last 5: 3. Bands: at least 80% of years, 40% to 80%, below 40%.
Receivable days vs history-8 daysWithin range
Debtor days are below the median of the previous three fiscal years by 8 days (3 vs 11). 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+2 days / 2 yrsWithin range
Days payable changed by +2 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.
Who has been buying and selling?
- Over 3 years, FIIs trimmed 3.9 pts; promoters added 0.5 pts.
- The number of shareholders rose from 73,775 to 2.0 lakh (+172%) between Jun 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 35 past situations where a non-financial company looked like RAJESH EXPORTS 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 +51% vs the market, against −9% for all non-financial companies in the same months.
- The gap against the base rate (+3.4%, 80% range −8.7% to +17.3%) is within what chance and overlapping periods produce.
Where the 35 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 · 2 beyond the range shown, drawn at the edge
35 past situations · 35 companies · 24 months · 2020–2025
The closest matches
| Company | When | P/E | ROCE | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| NDL Process Industries |
Sep 2025 | 13x | 9% | −50% | −52% | −22% |
| AFSL Finance |
Jul 2025 | 11x | 10% | −61% | −64% | −13% |
| SAKUMA Distribution Services |
Jul 2025 | 28x | 3% | −56% | −72% | −43% |
| GSS Technology Services |
Aug 2024 | 17x | 1% | −60% | −64% | −61% |
| ONDOOR Retail Trade |
Oct 2025 | 10x | 8% | −68% | −70% | +76% |
Show the other 3 matches
| Company | When | P/E | ROCE | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| SPECTSTM Commercial Services |
Jul 2024 | 21x | 10% | −20% | −32% | +12% |
| VINDHYATEL Industrial Services |
Apr 2025 | 8x | 11% | −49% | −58% | −3% |
| QUESS Commercial Services |
Sep 2023 | 11x | 9% | −35% | −35% | +28% |
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: interest cover, P/E and 12-month momentum. One match per company and at most 7 from any one month.
Independent periods: the matches fall in 5 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 '22
- NovPriceFell 95% from the Jan 2022 peak to the Nov 2026 low.
- OctValuationP/E fell below the 10th percentile of its own history to date (8.6x).
- OctPriceVolume reached 5.2x its 50-day median on 2026-10-01; price -1.0% that day.
- SepPeer rankMoved into the top quartile of Consumer Durables on EPS growth (from the 2nd quartile).
- SepPriceVolume reached 12.9x its 50-day median on 2026-09-18; price -3.5% that day.
- JunPeer rankSlipped to the 2nd quartile of Consumer Durables on EPS growth (from the top quartile).
- JunPriceVolume reached 12.4x its 50-day median on 2026-06-30; price -0.4% that day.
- FebPriceVolume reached 10.6x its 50-day median on 2026-02-27; price -4.8% that day.
Show 22 earlier events
- DecPriceVolume reached 140.3x its 50-day median on 2025-12-22; price +12.9% that day.
- SepResultsYear-on-year EPS growth turned positive.
- SepPeer rankMoved into the top quartile of Consumer Durables on EPS growth (from the bottom quartile).
- SepPriceVolume reached 6.7x its 50-day median on 2025-09-19; price -1.2% that day.
- JunResultsRevenue (TTM) reached a new high of ₹423,100 cr.
- JunPriceVolume reached 5.8x its 50-day median on 2025-06-20; price -2.2% that day.
- MarPriceVolume reached 33.9x its 50-day median on 2025-03-24; price +13.5% that day.
- DecPriceVolume reached 54.6x its 50-day median on 2024-12-26; price +3.0% that day.
- JulPriceVolume reached 71.4x its 50-day median on 2024-07-10; price +10.1% that day.
- JunResultsYear-on-year EPS growth turned negative.
- JunValuationP/E crossed above the 90th percentile of its own history to date (24.7x).
- JunPeer rankSlipped to the bottom quartile of Consumer Durables on ROCE (from the 3rd quartile).
- AprPriceVolume reached 6.3x its 50-day median on 2024-04-24; price +7.3% that day.
- FebPriceVolume reached 14.6x its 50-day median on 2024-02-19; price +13.3% that day.
- NovPriceVolume reached 19.0x its 50-day median on 2023-11-20; price -6.9% that day.
- JunResultsRevenue (TTM) reached a new high of ₹339,690 cr.
- JunValuationP/E fell below the 10th percentile of its own history to date (11.3x).
- JunPeer rankMoved into the 2nd quartile of Consumer Durables on EPS growth (from the 3rd quartile).
- JunDividendDividend payout cut from 3% to 0% of profit.
- JunPriceVolume reached 11.4x its 50-day median on 2023-06-19; price -8.7% that day.
- JanValuationP/E crossed above the 90th percentile of its own history to date (25.6x).
- OctPriceVolume reached 6.6x its 50-day median on 2022-10-14; price +3.2% 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 | 9.0x | ₹8.88L cr | 1.0% | 2.0% | 0.1x |
| 2026-10 | 8.6x | ₹8.88L cr | 1.0% | 2.0% | 0.1x |
| 2026-09 | 11.3x | ₹8.88L cr | 1.0% | 2.0% | 0.1x |
| 2026-08 | 19.9x | ₹7.79L cr | 0.6% | 2.0% | 0.1x |
| 2026-07 | 22.3x | ₹7.79L cr | 0.6% | 2.0% | 0.1x |
| 2026-06 | 24.1x | ₹7.79L cr | 0.6% | 2.0% | 0.1x |
| 2026-05 | 20.8x | ₹7.41L cr | 1.1% | 1.0% | 0.1x |
| 2026-04 | 20.9x | ₹7.41L cr | 1.1% | 1.0% | 0.1x |
| 2026-03 | 14.1x | ₹7.41L cr | 1.1% | 1.0% | 0.1x |
| 2026-02 | 32.2x | ₹6.03L cr | 0.8% | 1.0% | 0.1x |
| 2026-01 | 36.3x | ₹6.03L cr | 0.8% | 1.0% | 0.1x |
| 2025-12 | 41.1x | ₹6.03L cr | 0.8% | 1.0% | 0.1x |
| 2025-11 | 74.9x | ₹4.94L cr | 0.5% | 1.0% | 0.1x |
| 2025-10 | 73.1x | ₹4.94L cr | 0.5% | 1.0% | 0.1x |
| 2025-09 | 72.8x | ₹4.94L cr | 0.5% | 1.0% | 0.1x |
| 2025-08 | 54.6x | ₹4.23L cr | 0.6% | 1.0% | 0.1x |
| 2025-07 | 58.7x | ₹4.23L cr | 0.6% | 1.0% | 0.1x |
| 2025-06 | 62.7x | ₹4.23L cr | 0.6% | 1.0% | 0.1x |
| 2025-05 | 95.3x | ₹3.15L cr | 0.4% | 3.0% | 0.0x |
| 2025-04 | 86.0x | ₹3.15L cr | 0.4% | 3.0% | 0.0x |
| 2025-03 | 87.9x | ₹3.15L cr | 0.4% | 3.0% | 0.0x |
| 2025-02 | 119.7x | ₹2.84L cr | 0.3% | 3.0% | 0.0x |
| 2025-01 | 140.4x | ₹2.84L cr | 0.3% | 3.0% | 0.0x |
| 2024-12 | 173.4x | ₹2.84L cr | 0.3% | 3.0% | 0.0x |
| 2024-11 | 180.1x | ₹2.55L cr | 0.3% | 3.0% | 0.0x |
| 2024-10 | 195.2x | ₹2.55L cr | 0.3% | 3.0% | 0.0x |
| 2024-09 | 219.9x | ₹2.55L cr | 0.3% | 3.0% | 0.0x |
| 2024-08 | 25.7x | ₹2.81L cr | 2.2% | 3.0% | 0.0x |
| 2024-07 | 27.6x | ₹2.81L cr | 2.2% | 3.0% | 0.0x |
| 2024-06 | 24.7x | ₹2.81L cr | 2.2% | 3.0% | 0.0x |
| 2024-05 | 6.1x | ₹3.40L cr | 9.7% | 11.0% | 0.0x |
| 2024-04 | 6.5x | ₹3.40L cr | 9.7% | 11.0% | 0.0x |
| 2024-03 | 5.4x | ₹3.40L cr | 9.7% | 11.0% | 0.0x |
| 2024-02 | 6.4x | ₹3.40L cr | 9.7% | 11.0% | 0.0x |
| 2024-01 | 7.5x | ₹3.40L cr | 9.7% | 11.0% | 0.0x |
| 2023-12 | 7.6x | ₹3.40L cr | 9.7% | 11.0% | 0.0x |
| 2023-11 | 7.3x | ₹3.40L cr | 9.7% | 11.0% | 0.0x |
| 2023-10 | 9.2x | ₹3.40L cr | 9.7% | 11.0% | 0.0x |
| 2023-09 | 10.4x | ₹3.40L cr | 9.7% | 11.0% | 0.0x |
| 2023-08 | 10.3x | ₹3.40L cr | 9.7% | 11.0% | 0.0x |
| 2023-07 | 10.7x | ₹3.40L cr | 9.7% | 11.0% | 0.0x |
| 2023-06 | 11.3x | ₹3.40L cr | 9.7% | 11.0% | 0.0x |
| 2023-05 | 16.2x | ₹2.43L cr | 8.1% | 9.0% | 0.1x |
| 2023-04 | 16.3x | ₹2.43L cr | 8.1% | 9.0% | 0.1x |
| 2023-03 | 17.8x | ₹2.43L cr | 8.1% | 9.0% | 0.1x |
| 2023-02 | 19.2x | ₹2.43L cr | 8.1% | 9.0% | 0.1x |
| 2023-01 | 25.6x | ₹2.43L cr | 8.1% | 9.0% | 0.1x |
| 2022-12 | 21.4x | ₹2.43L cr | 8.1% | 9.0% | 0.1x |
| 2022-11 | 22.2x | ₹2.43L cr | 8.1% | 9.0% | 0.1x |
| 2022-10 | 20.2x | ₹2.43L cr | 8.1% | 9.0% | 0.1x |
| 2022-09 | 16.9x | ₹2.43L cr | 8.1% | 9.0% | 0.1x |
| 2022-08 | 17.2x | ₹2.43L cr | 8.1% | 9.0% | 0.1x |
| 2022-07 | 17.4x | ₹2.43L cr | 8.1% | 9.0% | 0.1x |
| 2022-06 | 18.3x | ₹2.43L cr | 8.1% | 9.0% | 0.1x |
| 2022-05 | 18.9x | ₹2.58L cr | 7.5% | 9.0% | 0.1x |
| 2022-04 | 22.0x | ₹2.58L cr | 7.5% | 9.0% | 0.1x |
| 2022-03 | 24.2x | ₹2.58L cr | 7.5% | 9.0% | 0.1x |
| 2022-02 | 24.5x | ₹2.58L cr | 7.5% | 9.0% | 0.1x |
| 2022-01 | 29.5x | ₹2.58L cr | 7.5% | 9.0% | 0.1x |
| 2021-12 | 25.8x | ₹2.58L cr | 7.5% | 9.0% | 0.1x |
| 2021-11 | 26.8x | ₹2.58L cr | 7.5% | 9.0% | 0.1x |
| 2021-10 | 22.3x | ₹2.58L cr | 7.5% | 9.0% | 0.1x |
| 2021-09 | 20.5x | ₹2.58L cr | 7.5% | 9.0% | 0.1x |
| 2021-08 | 20.5x | ₹2.58L cr | 7.5% | 9.0% | 0.1x |
| 2021-07 | 21.7x | ₹2.58L cr | 7.5% | 9.0% | 0.1x |
| 2021-06 | 19.7x | ₹2.58L cr | 7.5% | 9.0% | 0.1x |
| 2021-05 | 12.7x | ₹1.96L cr | 11.4% | 11.0% | 0.1x |
| 2021-04 | 12.8x | ₹1.96L cr | 11.4% | 11.0% | 0.1x |
| 2021-03 | 11.7x | ₹1.96L cr | 11.4% | 11.0% | 0.1x |
| 2021-02 | 12.5x | ₹1.96L cr | 11.4% | 11.0% | 0.1x |
| 2021-01 | 11.7x | ₹1.96L cr | 11.4% | 11.0% | 0.1x |
| 2020-12 | 12.0x | ₹1.96L cr | 11.4% | 11.0% | 0.1x |
| 2020-11 | 11.0x | ₹1.96L cr | 11.4% | 11.0% | 0.1x |
| 2020-10 | 11.3x | ₹1.96L cr | 11.4% | 11.0% | 0.1x |
| 2020-09 | 10.9x | ₹1.96L cr | 11.4% | 11.0% | 0.1x |
| 2020-08 | 10.9x | ₹1.96L cr | 11.4% | 11.0% | 0.1x |
| 2020-07 | 11.2x | ₹1.96L cr | 11.4% | 11.0% | 0.1x |
| 2020-06 | 11.4x | ₹1.96L cr | 11.4% | 11.0% | 0.1x |
| 2020-05 | 11.1x | ₹1.76L cr | 14.6% | 12.0% | 0.7x |
| 2020-04 | 14.1x | ₹1.76L cr | 14.6% | 12.0% | 0.7x |
| 2020-03 | 12.5x | ₹1.76L cr | 14.6% | 12.0% | 0.7x |
| 2020-02 | 15.0x | ₹1.76L cr | 14.6% | 12.0% | 0.7x |
| 2020-01 | 16.5x | ₹1.76L cr | 14.6% | 12.0% | 0.7x |
| 2019-12 | 15.3x | ₹1.76L cr | 14.6% | 12.0% | 0.7x |
| 2019-11 | 15.4x | ₹1.76L cr | 14.6% | 12.0% | 0.7x |
| 2019-10 | 15.5x | ₹1.76L cr | 14.6% | 12.0% | 0.7x |
| 2019-09 | 15.2x | ₹1.76L cr | 14.6% | 12.0% | 0.7x |
| 2019-08 | 16.1x | ₹1.76L cr | 14.6% | 12.0% | 0.7x |
| 2019-07 | 15.7x | ₹1.76L cr | 14.6% | 12.0% | 0.7x |
| 2019-06 | 16.5x | ₹1.76L cr | 14.6% | 12.0% | 0.7x |
| 2019-05 | 15.3x | ₹1.88L cr | 17.6% | 14.0% | 1.2x |
| 2019-04 | 15.7x | ₹1.88L cr | 17.6% | 14.0% | 1.2x |
| 2019-03 | 15.5x | ₹1.88L cr | 17.6% | 14.0% | 1.2x |
| 2019-02 | 13.5x | ₹1.88L cr | 17.6% | 14.0% | 1.2x |
| 2019-01 | 14.2x | ₹1.88L cr | 17.6% | 14.0% | 1.2x |