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REDINGTON LIMITED (REDINGTON)

Distribution Services · Electronics Distributors · 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.60 / 100
Profitability 52Growth 62Balance sheet 67
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.40 / 100
Price 48Earnings 45FII/DII 26

Passes these screensQuality CompounderDebt-light & profitable

Compare withOPTIEMUS INFRACOMRASHI PERIPHERALSIVALUE INFOSOLUTIONS

Share price

Closing priceAdjusted for splits and bonus issues.

₹328.5 latest close · +19.5% over the last 90 sessions

₹250₹300₹350₹400Jul 3Jul 29Aug 24Sep 17Oct 14Nov 9 ₹250₹300₹350₹400Jul 3Sep 4Nov 9

₹328.5 month-end · +19.4% over 12 months

₹200₹300₹400Nov '25Jan '26Apr '26Jun '26Sep '26Nov '26 ₹200₹300₹400Nov '25May '26Nov '26

₹328.5 month-end · +108.9% over 3 years

₹200₹300₹400Nov '23Jun '24Jan '25Sep '25Apr '26Nov '26 ₹200₹300₹400Nov '23May '25Nov '26

₹328.5 month-end · +815.0% since Jan '19

₹0₹200₹400Jan '19Aug '20Mar '22Sep '23Apr '25Nov '26 ₹0₹200₹400Jan '19Dec '22Nov '26

52-week range ₹187.20 to ₹419.50 · 1-year volatility 47.1%

Was the rally earned?

+19%share price, 1 yearMultiple-driven

Partly.

  • Most of the rise came from investors paying a higher multiple (P/E 13.2x to 15.1x); per-share earnings added 4 points.
  • The share count fell 21%.
Net profit growth: −22 pts. Points of the price return explained by net profit growing (or shrinking).−22 ptsNet profit growthP/E change: +15 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+15 ptsP/E changeShare count change: +26 pts. Points of the price return explained by the share count changing. More shares count against the price.+26 ptsShare count changeShare price: +19%+19%Share priceNet profit growth: −22 pts. Points of the price return explained by net profit growing (or shrinking).−22ProfitP/E change: +15 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+15P/EShare count change: +26 pts. Points of the price return explained by the share count changing. More shares count against the price.+26SharesShare price: +19%+19%Share price
Net profit growth-22 ptsNet profit fell about 18%, which lowers the price.
P/E change+15 ptsThe P/E rose from 13.2x to 15.1x, which lifts the price.
Share count change+26 ptsShare count fell 21%, which lifts the price.
+109%share price, 3 yearsMultiple-driven

Partly.

  • Most of the rise came from investors paying a higher multiple (P/E 8.8x to 15.1x); per-share earnings added 30 points.
  • The share count fell 14%.
Net profit growth: +7 pts. Points of the price return explained by net profit growing (or shrinking).+7 ptsNet profit growthP/E change: +79 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+79 ptsP/E changeShare count change: +23 pts. Points of the price return explained by the share count changing. More shares count against the price.+23 ptsShare count changeShare price: +109%+109%Share priceNet profit growth: +7 pts. Points of the price return explained by net profit growing (or shrinking).+7ProfitP/E change: +79 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+79P/EShare count change: +23 pts. Points of the price return explained by the share count changing. More shares count against the price.+23SharesShare price: +109%+109%Share price
Net profit growth+7 ptsNet profit rose about 4%, which lifts the price.
P/E change+79 ptsThe P/E rose from 8.8x to 15.1x, which lifts the price.
Share count change+23 ptsShare count fell 14%, which lifts the price.
+128%share price, 5 yearsEarnings-driven

Mostly yes.

  • Per-share earnings added 125 points to the rise, while the multiple moved less (P/E 14.8x to 15.1x).
  • The share count fell 15%.
Net profit growth: +101 pts. Points of the price return explained by net profit growing (or shrinking).+101 ptsNet profit growthP/E change: +3 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+3 ptsP/E changeShare count change: +25 pts. Points of the price return explained by the share count changing. More shares count against the price.+25 ptsShare count changeShare price: +128%+128%Share priceNet profit growth: +101 pts. Points of the price return explained by net profit growing (or shrinking).+101ProfitP/E change: +3 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+3P/EShare count change: +25 pts. Points of the price return explained by the share count changing. More shares count against the price.+25SharesShare price: +128%+128%Share price
Net profit growth+101 ptsNet profit rose about 91%, which lifts the price.
P/E change+3 ptsThe P/E rose from 14.8x to 15.1x, which lifts the price.
Share count change+25 ptsShare count fell 15%, 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.

Net profit is trailing twelve months as reported with a 60-day lag.

Compare this with OPTIEMUS INFRACOM

How rough has the ride been?

Maximum drawdown-53.7%recovered 2020-11
1-year volatility47.1%annualised
Beta vs sector index0.333-year daily, correlation 0.25
Volume spikes5last 90 sessions, 5x the 50-day median

Drawdown from peak

0%−20%−40%2020202120222023202420252026−53.7% 0%−20%−40%2020202220242026−53.7%
Largest drawdowns

-53.7% (2020-01 peak to 2020-03 low, recovered 2020-11)

-39.4% (2025-07 peak to 2026-03 low, recovered 2026-08)

-35.3% (2021-07 peak to 2022-06 low, recovered 2022-11)

Most recent volume spikes

2026-09-10: 7.1x the 50-day median, price +3.7% that day

2026-08-04: 6.3x the 50-day median, price +0.5% that day

2026-08-03: 23.9x the 50-day median, price +8.1% 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?

15.1xP/E todayNear its historic high
Against its own history88th percentile
CheapestMedian 10.9xDearest

Usual range 7.9x to 15.4x since 2019-01.

Against Distribution Services15.1x vs 16.7x
This company
15.1x
Sector median
16.7x

10% below the Distribution Services median.

5.1x19.0x32.9x46.7xJan '19Aug '20Mar '22Oct '23May '25Nov '265.1x19.0x32.9x46.7xJan '19Sep '21May '24Nov '26
P/E (this company)10th to 90th percentile of its own historyIts medianDistribution Services median

The chart loads when you open this tab.

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

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P/S (this company)10th to 90th percentile of its own historyIts medianDistribution Services 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 Distribution Services is valued

Where does it rank among Distribution Services peers?

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

  • ROCE82ndflat vs a year ago
  • Op. margin23rd▼ 11 pts vs a year ago
  • Revenue growth74th▲ 9 pts vs a year ago
  • EPS growth44th▼ 18 pts vs a year ago
  • Debt/equity ↓55th▲ 10 pts vs a year ago
  • Cash cycle ↓77th▼ 7 pts vs a year ago
  • P/E ↓55th▼ 24 pts vs a year ago
  • 12M momentum82nd▼ 16 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 Distribution Services sector page Watch it move against Distribution Services in the Observatory

What is the price implying?

~10%annual earnings growth implied by the priceBelow delivered growth

At normalised P/E (five-year average earnings) of 16.0x, a holder earning 12%/yr needs earnings to grow about 9.9%/yr for 10 years, then trade at 15x.

Delivered17.0%/yrEPS, last 10 fiscal years · 3-yr avg to 3-yr avg
Gap−7.2 ptsimplied minus delivered
Rank670thmost demanding of 856

Over time

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

-2%8%18% Jan 2019Nov 2026 -2%8%18% Jan 2019Nov 2026

Change the assumptions

Exit P/E / return11%12%13%
12x11.0%12.0%13.0%
15x8.9%9.9%10.9%
20x6.2%7.1%8.1%

Drag a slider to test other assumptions

Implied: 9.9%/yr

Looking back

  • Jan 2020Price implied 4%/yr; EPS has since grown 17%/yr (7.0 yrs)
  • Jan 2021Price implied 6%/yr; EPS has since grown 19%/yr (6.0 yrs)
  • Jan 2022Price implied 11%/yr; EPS has since grown 14%/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 Distribution Services The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov
₹328.50
P/E
15.1x
ROCE
18.0%
Market Cap
₹25677 cr
Revenue (TTM)
₹1.28L cr
P/S
0.2x
P/B
2.5x
ROE
16.7%
Operating Margin
2.0%
Debt / Equity
0.3x
12M Momentum
19.4%

52-week range

₹187.20₹419.50
61% of the way from its 52-week low to its high

Price risk

1Y volatility
47.1%
Beta vs sector
1-year daily
0.50

Balance sheet & cash

Interest cover
operating profit ÷ interest
6.6x
Cash from profit, 3Y
operating cash flow ÷ net profit
0.37x
low
Share count, 1Y
unchanged

Are profits backed by cash?

6 of 7checks within range1 beyond a threshold
Other income reliance1%Within range

Other income as a share of pre-tax profit (trailing twelve months): 1.3%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate24%Within range

Median quarterly effective tax rate over about 2.5 years: 23.5%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion0.37xBeyond threshold

Operating cash flow divided by net profit over the last three fiscal years: 0.37x (cash from operations ₹1,603 cr, net profit ₹4,344 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+9 daysWithin range

Debtor days are above the median of the previous three fiscal years by 9 days (66 vs 57). Bands: under 15 days, 15 to 45, over 45.

Capital work in progress11% of fixed assetsWithin range

Capital work-in-progress is 11% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.

Payable days+7 days / 2 yrsWithin range

Days payable changed by +7 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.

All terms explained in the glossary →

Who has been buying and selling?

  • Over 3 years, FIIs added 5.7 pts; DIIs trimmed 1.0 pts.
  • The number of shareholders fell from 2.6 lakh to 2.4 lakh (-7%) between Sep 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupSep '23Jun '26Change
Promoters———
FIIs56.3%62.0%+5.7 pts
DIIs17.4%16.4%-1.0 pts
Public and others26.3%21.6%-4.7 pts

Number of shareholders

2.4 lakhshareholders-7% since Sep '23
2.2L2.3L2.5L2.6L Sep '23Jun '24Mar '25Dec '25Jun '26
Sep '23: 2.6 lakh
Dec '23: 2.4 lakh
Mar '24: 2.3 lakh
Jun '24: 2.2 lakh
Sep '24: 2.2 lakh
Dec '24: 2.2 lakh
Mar '25: 2.2 lakh
Jun '25: 2.2 lakh
Sep '25: 2.5 lakh
Dec '25: 2.4 lakh
Mar '26: 2.5 lakh
Jun '26: 2.4 lakh
 2.2L2.3L2.5L2.6L Sep '23Sep '24Sep '25Jun '26
Sep '23: 2.6 lakh
Dec '23: 2.4 lakh
Mar '24: 2.3 lakh
Jun '24: 2.2 lakh
Sep '24: 2.2 lakh
Dec '24: 2.2 lakh
Mar '25: 2.2 lakh
Jun '25: 2.2 lakh
Sep '25: 2.5 lakh
Dec '25: 2.4 lakh
Mar '26: 2.5 lakh
Jun '26: 2.4 lakh

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

+12.5%typical 12-month return vs the marketAbove the base rate
  • We found 50 past situations where a non-financial company looked like REDINGTON 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 −21% to +56% vs the market, against −3% for all non-financial companies in the same months.
  • The analogs' median sat above that base rate (gap +15.7%, 80% range +3.0% to +29.5%), but the matches cluster in only 6 distinct 12-month windows.

Where the 50 outcomes landed

−100%−50%0%+50%+100%
DHAMPURSUG · Jun 2021: −42.2% vs market
WABAG · Jul 2021: −39.4% vs market
SAIL · Aug 2021: −37.6% vs market
JINDALSAW · Aug 2024: −37.1% vs market
SSWL · Jan 2024: −36.1% vs market
NIPPOBATRY · Jun 2021: −35.4% vs market
AWL · Sep 2025: −32.4% vs market
ALLCARGO · Aug 2022: −29.9% vs market
HINDPETRO · Mar 2020: −28.8% vs market
THOMASCOOK · Dec 2024: −28.3% vs market
RPSGVENT · Aug 2021: −27.7% vs market
WSTCSTPAPR · May 2023: −23.8% vs market
POLYPLEX · Jun 2025: −21.6% vs market
PDSL · Sep 2023: −20.6% vs market
BPCL · May 2020: −19.5% vs market
EIDPARRY · Jan 2023: −17.4% vs market
SURYAROSNI · Aug 2021: −13.3% vs market
JKTYRE · Aug 2021: −10.4% vs market
WELSPUNLIV · Jun 2024: −8.6% vs market
SUNFLAG · May 2023: +1.0% vs market
KPIL · Nov 2024: +1.3% vs market
RAMRAT · Dec 2024: +2.5% vs market
BCLIND · Jul 2022: +4.4% vs market
KIRLOSIND · Nov 2023: +6.6% vs market
RCF · Jan 2023: +9.0% vs market
TIMETECHNO · May 2021: +16.1% vs market
RAYMOND · Jun 2023: +17.8% vs market
GOODLUCK · Sep 2024: +18.0% vs market
ARVIND · Jun 2022: +22.0% vs market
UFLEX · Feb 2020: +26.4% vs market
TRIVENI · Aug 2021: +26.9% vs market
SHYAMMETL · May 2024: +31.6% vs market
ISGEC · Aug 2023: +34.7% vs market
NCC · Dec 2023: +39.7% vs market
FILATEX · Oct 2025: +48.8% vs market
PGIL · Sep 2024: +49.9% vs market
WELCORP · Jul 2024: +54.3% vs market
JSL · Apr 2022: +56.2% vs market
GOKULAGRO · Sep 2024: +57.7% vs market
HINDALCO · May 2020: +63.0% vs market
CEMPRO · Sep 2023: +68.4% vs market
HGS · Jan 2021: +69.4% vs market
RPTECH · May 2025: +72.4% vs market
LTFOODS · Mar 2024: +96.0% vs market
DEEPAKFERT · Oct 2021: +130.8% vs market
ELECTCAST · Jul 2023: +150.0% vs market
GALLANTT · Sep 2023: +176.8% vs market
RVNL · Feb 2023: +184.6% vs market
IRCON · Feb 2023: +196.7% vs market
APARINDS · Aug 2022: +242.7% vs market
Similar setups +12.5%All companies −3.2%← 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
+12.5%
All companies' median
−3.2%
Beat the market
62% vs 46%

50 past situations · 50 companies · 35 months · 2020–2025

The closest matches

CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
EIDPARRY
Process Industries		 Jan 2023 11x26% +12%−18% −17%
HINDPETRO
Energy Minerals		 Mar 2020 3x20% −37%−46% −29%
NCC
Consumer Durables		 Dec 2023 17x19% +99%−6% +40%
PDSL
Consumer Non-Durables		 Sep 2023 22x23% +50%−4% −21%
HGS
Commercial Services		 Jan 2021 11x20% +64%−11% +69%
Show the other 3 matches
CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
SURYAROSNI
Non-Energy Minerals		 Aug 2021 18x13% +216%−10% −13%
GOKULAGRO
Process Industries		 Sep 2024 24x23% +139%−12% +58%
RCF
Process Industries		 Jan 2023 10x15% +52%−14% +9%
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 volatility. 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 REDINGTON 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.

SONATA SOFTWARESONATSOFTW
Technology Services
65%similar
P/Evolatility
LT FOODSLTFOODS
Process Industries
54%similar
ROCErevenue growth
POWER MECH PROJECTSPOWERMECH
Industrial Services
50%similar
debt/equityrevenue growth
NCCNCC
Consumer Durables
45%similar
EPS growthROCE
AHLUWALIA CONTRACTS (INDIA) LTAHLUCONT
Industrial Services
43%similar
P/Erevenue growth
RASHI PERIPHERALSRPTECH
Distribution Services
55%similar
operating marginP/E
HMA AGRO INDUSTRIESHMAAGRO
Distribution Services
28%similar
operating marginROCE
SHARDA CROPCHEMSHARDACROP
Distribution Services
17%similar
volatilityP/E

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

What changed?

30 events since Jun '23

  1. SepResultsYear-on-year EPS growth turned positive.
  2. SepPeer rankSlipped to the bottom quartile of Distribution Services on operating margin (from the 3rd quartile).
  3. AugPriceRegained the 2025-07 peak, 5 months after the low.
  4. AugPriceVolume reached 23.9x its 50-day median on 2026-08-03; price +8.1% that day.
  5. JulValuationP/E crossed above the 90th percentile of its own history to date (16.9x).
  6. JunResultsYear-on-year EPS growth turned negative.
  7. JunPeer rankSlipped to the 3rd quartile of Distribution Services on EPS growth (from the 2nd quartile).
  8. JunPriceVolume reached 14.0x its 50-day median on 2026-06-18; price +9.3% that day.
Show 22 earlier events
  1. MarPriceFell 39% from the Jul 2025 peak to the Mar 2026 low.
  2. FebPriceVolume reached 67.0x its 50-day median on 2026-02-27; price +14.7% that day.
  3. NovPriceVolume reached 47.2x its 50-day median on 2025-11-06; price +15.9% that day.
  4. SepPeer rankSlipped to the 3rd quartile of Distribution Services on operating margin (from the 2nd quartile).
  5. SepPriceVolume reached 69.5x its 50-day median on 2025-09-16; price +19.8% that day.
  6. JunResultsYear-on-year EPS growth turned positive.
  7. JunPeer rankMoved into the 2nd quartile of Distribution Services on operating margin (from the 3rd quartile).
  8. MarValuationP/E crossed above the 90th percentile of its own history to date (14.7x).
  9. MarPeer rankMoved into the 2nd quartile of Distribution Services on EPS growth (from the 3rd quartile).
  10. JanPriceRegained the 2024-04 peak, 3 months after the low.
  11. JanPriceVolume reached 21.6x its 50-day median on 2025-01-22; price -0.2% that day.
  12. DecPriceVolume reached 22.2x its 50-day median on 2024-12-31; price +6.4% that day.
  13. OctPriceFell 28% from the Apr 2024 peak to the Oct 2024 low.
  14. JunResultsYear-on-year EPS growth turned negative.
  15. JunInstitutionsFII + DII holding rose 3.0 pts over 2 quarters to 76.7%.
  16. JunPeer rankSlipped to the 3rd quartile of Distribution Services on EPS growth (from the 2nd quartile).
  17. AprPriceVolume reached 8.2x its 50-day median on 2024-04-02; price +5.8% that day.
  18. FebPriceRegained the 2022-12 peak, 4 months after the low.
  19. FebPriceVolume reached 8.1x its 50-day median on 2024-02-13; price +9.0% that day.
  20. OctPriceFell 30% from the Dec 2022 peak to the Oct 2023 low.
  21. AugPriceVolume reached 5.2x its 50-day median on 2023-08-02; price -10.4% that day.
  22. JunResultsRevenue (TTM) reached a new high of ₹79,377 cr.

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 history60 months · 2021-12 to 2026-11
MonthP/ERevenue (TTM)ROEROCEDebt / Equity
2026-1115.1x₹1.28L cr16.7%18.0%0.3x
2026-1015.0x₹1.28L cr16.7%18.0%0.3x
2026-0918.7x₹1.28L cr16.7%18.0%0.3x
2026-0818.8x₹1.19L cr14.3%18.0%0.3x
2026-0716.9x₹1.19L cr14.3%18.0%0.3x
2026-0614.2x₹1.19L cr14.3%18.0%0.3x
2026-059.7x₹1.12L cr24.8%19.0%0.3x
2026-049.4x₹1.12L cr24.8%19.0%0.3x
2026-038.7x₹1.12L cr24.8%19.0%0.3x
2026-0212.4x₹1.08L cr24.7%19.0%0.3x
2026-0112.0x₹1.08L cr24.7%19.0%0.3x
2025-1212.1x₹1.08L cr24.7%19.0%0.3x
2025-1113.2x₹1.04L cr23.8%19.0%0.3x
2025-1011.9x₹1.04L cr23.8%19.0%0.3x
2025-0913.3x₹1.04L cr23.8%19.0%0.3x
2025-0811.5x₹99334 cr23.6%19.0%0.3x
2025-0711.9x₹99334 cr23.6%19.0%0.3x
2025-0615.5x₹99334 cr23.6%19.0%0.3x
2025-0515.6x₹95327 cr18.4%19.0%0.4x
2025-0414.9x₹95327 cr18.4%19.0%0.4x
2025-0314.7x₹95327 cr18.4%19.0%0.4x
2025-0214.2x₹92116 cr17.6%19.0%0.4x
2025-0113.1x₹92116 cr17.6%19.0%0.4x
2024-1212.7x₹92116 cr17.6%19.0%0.4x
2024-1112.4x₹89440 cr18.0%19.0%0.4x
2024-1012.2x₹89440 cr18.0%19.0%0.4x
2024-0911.6x₹89440 cr18.0%19.0%0.4x
2024-0812.7x₹89345 cr18.6%19.0%0.4x
2024-0713.3x₹89345 cr18.6%19.0%0.4x
2024-0613.5x₹89345 cr18.6%19.0%0.4x
2024-0510.9x₹79377 cr23.5%25.0%0.5x
2024-0412.0x₹79377 cr23.5%25.0%0.5x
2024-0311.4x₹79377 cr23.5%25.0%0.5x
2024-0211.4x₹79377 cr23.5%25.0%0.5x
2024-019.9x₹79377 cr23.5%25.0%0.5x
2023-129.7x₹79377 cr23.5%25.0%0.5x
2023-118.8x₹79377 cr23.5%25.0%0.5x
2023-107.8x₹79377 cr23.5%25.0%0.5x
2023-098.5x₹79377 cr23.5%25.0%0.5x
2023-088.6x₹79377 cr23.5%25.0%0.5x
2023-079.9x₹79377 cr23.5%25.0%0.5x
2023-0610.2x₹79377 cr23.5%25.0%0.5x
2023-0510.4x₹62644 cr25.7%28.0%0.1x
2023-0410.1x₹62644 cr25.7%28.0%0.1x
2023-0310.0x₹62644 cr25.7%28.0%0.1x
2023-0210.2x₹62644 cr25.7%28.0%0.1x
2023-0111.0x₹62644 cr25.7%28.0%0.1x
2022-1210.8x₹62644 cr25.7%28.0%0.1x
2022-1110.7x₹62644 cr25.7%28.0%0.1x
2022-108.2x₹62644 cr25.7%28.0%0.1x
2022-098.3x₹62644 cr25.7%28.0%0.1x
2022-089.0x₹62644 cr25.7%28.0%0.1x
2022-077.4x₹62644 cr25.7%28.0%0.1x
2022-067.5x₹62644 cr25.7%28.0%0.1x
2022-0513.1x₹56946 cr18.0%20.0%0.1x
2022-0415.4x₹56946 cr18.0%20.0%0.1x
2022-0314.6x₹56946 cr18.0%20.0%0.1x
2022-0215.4x₹56946 cr18.0%20.0%0.1x
2022-0116.3x₹56946 cr18.0%20.0%0.1x
2021-1214.6x₹56946 cr18.0%20.0%0.1x

Older months are in the live observatory.

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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