Share price
₹18.4 latest close · −20.0% over the last 90 sessions
₹18.4 month-end · −31.1% over 12 months
₹18.4 month-end · −63.2% over 3 years
₹18.4 month-end · +79.5% since Jan '19
52-week range ₹17.14 to ₹30.30 · 1-year volatility 36.5%
How rough has the ride been?
Drawdown from peak
Largest drawdowns
-73.5% (2022-10 peak to 2026-10 low, not yet recovered)
-71.8% (2019-04 peak to 2020-03 low, recovered 2020-12)
-50.3% (2021-07 peak to 2021-08 low, recovered 2022-04)
Most recent volume spikes
2026-09-07: 8.6x the 50-day median, price +4.6% that day
2026-08-31: 13.1x the 50-day median, price +3.1% that day
2026-08-28: 8.2x the 50-day median, price +3.0% 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).
Where does it rank among Process Industries peers?
Each cell is the company's percentile rank among its Process Industries 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
- ROCE5th▼ 46 pts vs a year ago
- Op. margin6thflat vs a year ago
- Revenue growth14th▲ 8 pts vs a year ago
- EPS growth8th
- Cash cycle ↓90th▼ 4 pts vs a year ago
- 12M momentum18thflat 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 Process Industries sector page Watch it move against Process Industries 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 Process Industries The market-wide Expectations lists
Key figures
- Share Priceclose 9 Nov
- ₹18.40
- ROCE
- -3.0%
- Market Cap
- ₹3905 cr
- Revenue (TTM)
- ₹9430 cr
- P/S
- 0.4x
- Operating Margin
- -3.6%
- Promoter Holding
- 62.5%
- 12M Momentum
- -31.1%
52-week range
Price risk
Balance sheet & cash
Are profits backed by cash?
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 conversion—Not enough data
Not enough reported data to compute this.
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-4 daysWithin range
Debtor days are below the median of the previous three fiscal years by 4 days (11 vs 15). Bands: under 15 days, 15 to 45, over 45.
Capital work in progress1% of fixed assetsWithin range
Capital work-in-progress is 1% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.
Payable days-80 days / 2 yrsWithin range
Days payable changed by -80 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 2 years, FIIs trimmed 1.1 pts; DIIs trimmed 1.0 pts.
- The number of shareholders rose from 6.8 lakh to 7.4 lakh (+9%) between Dec 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 SHREE RENUKA SUGARS 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 −17% to +69% vs the market, against −6% for all non-financial companies in the same months.
- The analogs' median sat above that base rate (gap +11.6%, 80% range 0% to +31.1%), but the matches cluster in only 6 distinct 12-month windows.
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
50 past situations · 50 companies · 34 months · 2020–2025
The closest matches
| Company | When | P/E | ROCE | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| MRPL Energy Minerals |
Jun 2020 | — | -16% | −39% | −42% | −14% |
| FORCEMOT Consumer Durables |
May 2022 | — | -5% | −11% | −37% | +54% |
| MMTC Distribution Services |
Oct 2020 | — | -3% | −18% | −32% | +66% |
| STAR Health Technology |
Jan 2023 | — | -5% | −25% | −28% | +70% |
| HGS Commercial Services |
Oct 2025 | — | 3% | −34% | −34% | −32% |
Show the other 3 matches
| Company | When | P/E | ROCE | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| DBL Industrial Services |
Apr 2023 | — | 3% | −32% | −34% | +76% |
| KANORICHEM Process Industries |
Jan 2025 | — | 1% | −20% | −39% | −38% |
| ARVINDFASN Retail Trade |
May 2021 | — | -6% | +18% | −20% | +70% |
How reliable is this?
Matched on P/S, ROCE, operating margin, 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 interest cover. Not used (unavailable for this company): P/E and debt/equity. 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.
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 Apr '22
- OctPriceFell 74% from the Oct 2022 peak to the Oct 2026 low.
- AugPriceVolume reached 32.3x its 50-day median on 2026-08-24; price +1.3% that day.
- JunPeer rankSlipped to the bottom quartile of Process Industries on ROCE (from the 3rd quartile).
- JunPriceVolume reached 5.6x its 50-day median on 2026-06-15; price +7.9% that day.
- MarPeer rankMoved into the 2nd quartile of Process Industries on operating margin (from the bottom quartile).
- MarPriceVolume reached 19.6x its 50-day median on 2026-03-04; price +7.8% that day.
- FebPeer rankSlipped to the 3rd quartile of Process Industries on ROCE (from the 2nd quartile).
- SepPeer rankSlipped to the bottom quartile of Process Industries on operating margin (from the 2nd quartile).
Show 22 earlier events
- SepPriceVolume reached 70.3x its 50-day median on 2025-09-02; price +12.7% that day.
- JunPeer rankMoved into the 2nd quartile of Process Industries on ROCE (from the 3rd quartile).
- MarPeer rankSlipped to the bottom quartile of Process Industries on operating margin (from the 3rd quartile).
- DecPeer rankMoved into the 3rd quartile of Process Industries on operating margin (from the bottom quartile).
- OctPriceVolume reached 10.6x its 50-day median on 2024-10-01; price -1.1% that day.
- SepPriceVolume reached 22.3x its 50-day median on 2024-09-27; price +10.2% that day.
- JunResultsRevenue (TTM) reached a new high of ₹11,320 cr.
- JunPriceVolume reached 41.9x its 50-day median on 2024-06-13; price +11.6% that day.
- FebPriceVolume reached 8.5x its 50-day median on 2024-02-05; price +3.2% that day.
- SepPriceVolume reached 10.8x its 50-day median on 2023-09-04; price +10.1% that day.
- JunResultsRevenue (TTM) reached a new high of ₹9,017 cr.
- JunPeer rankMoved into the 3rd quartile of Process Industries on ROCE (from the bottom quartile).
- JunPriceVolume reached 8.5x its 50-day median on 2023-06-07; price +6.5% that day.
- MarPriceVolume reached 7.2x its 50-day median on 2023-03-08; price +7.2% that day.
- DecPriceVolume reached 7.0x its 50-day median on 2022-12-19; price +5.2% that day.
- OctPriceRegained the 2022-04 peak, 4 months after the low.
- SepPriceVolume reached 8.2x its 50-day median on 2022-09-21; price +2.6% that day.
- JunResultsRevenue (TTM) reached a new high of ₹6,431 cr.
- JunPriceFell 34% from the Apr 2022 peak to the Jun 2022 low.
- JunPeer rankSlipped to the bottom quartile of Process Industries on ROCE (from the 2nd quartile).
- AprPriceRegained the 2021-07 peak, 8 months after the low.
- AprPriceVolume reached 14.0x its 50-day median on 2022-04-08; price +0.5% 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) | ROCE |
|---|---|---|---|
| 2026-11 | — | ₹9430 cr | -3.0% |
| 2026-10 | — | ₹9430 cr | -3.0% |
| 2026-09 | — | ₹9430 cr | -3.0% |
| 2026-08 | — | ₹9320 cr | -3.0% |
| 2026-07 | — | ₹9320 cr | -3.0% |
| 2026-06 | — | ₹9320 cr | -3.0% |
| 2026-05 | — | ₹9463 cr | 11.0% |
| 2026-04 | — | ₹9463 cr | 11.0% |
| 2026-03 | — | ₹9463 cr | 11.0% |
| 2026-02 | — | ₹9793 cr | 11.0% |
| 2026-01 | — | ₹9793 cr | 11.0% |
| 2025-12 | — | ₹9793 cr | 11.0% |
| 2025-11 | — | ₹9870 cr | 11.0% |
| 2025-10 | — | ₹9870 cr | 11.0% |
| 2025-09 | — | ₹9870 cr | 11.0% |
| 2025-08 | — | ₹10914 cr | 11.0% |
| 2025-07 | — | ₹10914 cr | 11.0% |
| 2025-06 | — | ₹10914 cr | 11.0% |
| 2025-05 | — | ₹11599 cr | 10.0% |
| 2025-04 | — | ₹11599 cr | 10.0% |
| 2025-03 | — | ₹11599 cr | 10.0% |
| 2025-02 | — | ₹12051 cr | 10.0% |
| 2025-01 | — | ₹12051 cr | 10.0% |
| 2024-12 | — | ₹12051 cr | 10.0% |
| 2024-11 | — | ₹12040 cr | 10.0% |
| 2024-10 | — | ₹12040 cr | 10.0% |
| 2024-09 | — | ₹12040 cr | 10.0% |
| 2024-08 | — | ₹11320 cr | 10.0% |
| 2024-07 | — | ₹11320 cr | 10.0% |
| 2024-06 | — | ₹11320 cr | 10.0% |
| 2024-05 | — | ₹9017 cr | 9.0% |
| 2024-04 | — | ₹9017 cr | 9.0% |
| 2024-03 | — | ₹9017 cr | 9.0% |
| 2024-02 | — | ₹9017 cr | 9.0% |
| 2024-01 | — | ₹9017 cr | 9.0% |
| 2023-12 | — | ₹9017 cr | 9.0% |
| 2023-11 | — | ₹9017 cr | 9.0% |
| 2023-10 | — | ₹9017 cr | 9.0% |
| 2023-09 | — | ₹9017 cr | 9.0% |
| 2023-08 | — | ₹9017 cr | 9.0% |
| 2023-07 | — | ₹9017 cr | 9.0% |
| 2023-06 | — | ₹9017 cr | 9.0% |
| 2023-05 | — | ₹6431 cr | 6.0% |
| 2023-04 | — | ₹6431 cr | 6.0% |
| 2023-03 | — | ₹6431 cr | 6.0% |
| 2023-02 | — | ₹6431 cr | 6.0% |
| 2023-01 | — | ₹6431 cr | 6.0% |
| 2022-12 | — | ₹6431 cr | 6.0% |
| 2022-11 | — | ₹6431 cr | 6.0% |
| 2022-10 | — | ₹6431 cr | 6.0% |
| 2022-09 | — | ₹6431 cr | 6.0% |
| 2022-08 | — | ₹6431 cr | 6.0% |
| 2022-07 | — | ₹6431 cr | 6.0% |
| 2022-06 | — | ₹6431 cr | 6.0% |
| 2022-05 | — | ₹5645 cr | 16.0% |
| 2022-04 | — | ₹5645 cr | 16.0% |
| 2022-03 | — | ₹5645 cr | 16.0% |
| 2022-02 | — | ₹5645 cr | 16.0% |
| 2022-01 | — | ₹5645 cr | 16.0% |
| 2021-12 | — | ₹5645 cr | 16.0% |
| 2021-11 | — | ₹5645 cr | 16.0% |
| 2021-10 | — | ₹5645 cr | 16.0% |
| 2021-09 | — | ₹5645 cr | 16.0% |
| 2021-08 | — | ₹5645 cr | 16.0% |
| 2021-07 | — | ₹5645 cr | 16.0% |
| 2021-06 | — | ₹5645 cr | 16.0% |
| 2021-05 | 1.4x | ₹4876 cr | — |
| 2021-04 | 1.1x | ₹4876 cr | — |
| 2021-03 | — | ₹4876 cr | — |
| 2021-02 | — | ₹4876 cr | — |
| 2021-01 | — | ₹4876 cr | — |
| 2020-12 | 1.1x | ₹4876 cr | — |
| 2020-11 | — | ₹4876 cr | — |
| 2020-10 | — | ₹4876 cr | — |
| 2020-09 | — | ₹4876 cr | — |
| 2020-08 | — | ₹4876 cr | — |
| 2020-07 | — | ₹4876 cr | — |
| 2020-06 | 1.0x | ₹4876 cr | — |
| 2020-05 | — | ₹4504 cr | -182.0% |
| 2020-04 | — | ₹4504 cr | -182.0% |
| 2020-03 | — | ₹4504 cr | -182.0% |
| 2020-02 | — | ₹4504 cr | -182.0% |
| 2020-01 | — | ₹4504 cr | -182.0% |
| 2019-12 | — | ₹4504 cr | -182.0% |
| 2019-11 | — | ₹4504 cr | -182.0% |
| 2019-10 | — | ₹4504 cr | -182.0% |
| 2019-09 | — | ₹4504 cr | -182.0% |
| 2019-08 | — | ₹4504 cr | -182.0% |
| 2019-07 | — | ₹4504 cr | -182.0% |
| 2019-06 | — | ₹4504 cr | -182.0% |
| 2019-05 | — | ₹6250 cr | -53.0% |
| 2019-04 | — | ₹6250 cr | -53.0% |
| 2019-03 | — | ₹6250 cr | -53.0% |
| 2019-02 | — | ₹6250 cr | -53.0% |
| 2019-01 | — | ₹6250 cr | -53.0% |