अApnaFunda

RENAISSANCE GLOBAL LIMITED (RGL)

Consumer Durables · Other Consumer Specialties · 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.36 / 100
Profitability 22Growth 36Balance sheet 52
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.81 / 100
Price 93Earnings 58FII/DII 92

Passes these screensValue Pick

Share price

Closing priceAdjusted for splits and bonus issues.

₹145.49 latest close · +19.9% over the last 90 sessions

₹120₹140₹160Jul 3Jul 29Aug 24Sep 17Oct 14Nov 9 ₹120₹140₹160Jul 3Sep 4Nov 9

₹145.49 month-end · +21.3% over 12 months

₹100₹125₹150Nov '25Jan '26Apr '26Jun '26Sep '26Nov '26 ₹100₹125₹150Nov '25May '26Nov '26

₹145.49 month-end · +45.4% over 3 years

₹100₹125₹150₹175Nov '23Jun '24Jan '25Sep '25Apr '26Nov '26 ₹100₹125₹150₹175Nov '23May '25Nov '26

₹145.49 month-end · +145.1% since Jan '19

₹50₹100₹150₹200Jan '19Aug '20Mar '22Sep '23Apr '25Nov '26 ₹50₹100₹150₹200Jan '19Dec '22Nov '26

52-week range ₹85.00 to ₹173.80 · 1-year volatility 59.6%

Was the rally earned?

+21%share price, 1 yearLower P/E held it back

Mostly yes, with a catch.

  • Per-share earnings added 52 points, but investors now pay less per rupee of profit (P/E 18.9x to 14.3x), which took 30 points back.
  • The share count rose 5%.
Net profit growth: +57 pts. Points of the price return explained by net profit growing (or shrinking).+57 ptsNet profit growthP/E change: −30 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−30 ptsP/E changeShare count change: −6 pts. Points of the price return explained by the share count changing. More shares count against the price.−6 ptsShare count changeShare price: +21%+21%Share priceNet profit growth: +57 pts. Points of the price return explained by net profit growing (or shrinking).+57ProfitP/E change: −30 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−30P/EShare count change: −6 pts. Points of the price return explained by the share count changing. More shares count against the price.−6SharesShare price: +21%+21%Share price
Net profit growth+57 ptsNet profit rose about 68%, which lifts the price.
P/E change-30 ptsThe P/E fell from 18.9x to 14.3x, which lowers the price.
Share count change-6 ptsShare count rose 5%, which lowers the price.
+45%share price, 3 yearsMultiple-driven

Partly.

  • Most of the rise came from investors paying a higher multiple (P/E 10.9x to 14.3x); per-share earnings added 12 points.
  • The share count rose 14%.
Net profit growth: +28 pts. Points of the price return explained by net profit growing (or shrinking).+28 ptsNet profit growthP/E change: +34 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+34 ptsP/E changeShare count change: −16 pts. Points of the price return explained by the share count changing. More shares count against the price.−16 ptsShare count changeShare price: +45%+45%Share priceNet profit growth: +28 pts. Points of the price return explained by net profit growing (or shrinking).+28ProfitP/E change: +34 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+34P/EShare count change: −16 pts. Points of the price return explained by the share count changing. More shares count against the price.−16SharesShare price: +45%+45%Share price
Net profit growth+28 ptsNet profit rose about 26%, which lifts the price.
P/E change+34 ptsThe P/E rose from 10.9x to 14.3x, which lifts the price.
Share count change-16 ptsShare count rose 14%, which lowers the price.
-12%share price, 5 yearsLower P/E held it back

Earnings helped, the multiple did not.

  • Per-share earnings added 77 points, but investors now pay less per rupee of profit (P/E 36.6x to 14.3x), which took 88 points back.
  • The share count rose 15%.
Net profit growth: +90 pts. Points of the price return explained by net profit growing (or shrinking).+90 ptsNet profit growthP/E change: −88 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−88 ptsP/E changeShare count change: −13 pts. Points of the price return explained by the share count changing. More shares count against the price.−13 ptsShare count changeShare price: −12%−12%Share priceNet profit growth: +90 pts. Points of the price return explained by net profit growing (or shrinking).+90ProfitP/E change: −88 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−88P/EShare count change: −13 pts. Points of the price return explained by the share count changing. More shares count against the price.−13SharesShare price: −12%−12%Share price
Net profit growth+90 ptsNet profit rose about 160%, which lifts the price.
P/E change-88 ptsThe P/E fell from 36.6x to 14.3x, which lowers the price.
Share count change-13 ptsShare count rose 15%, which lowers 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 TITAN COMPANY

How rough has the ride been?

Maximum drawdown-60.6%not yet recovered
1-year volatility59.6%annualised
Beta vs sector index1.093-year daily, correlation 0.36
Volume spikes9last 90 sessions, 5x the 50-day median

Drawdown from peak

0%−20%−40%−60%2020202120222023202420252026−59.8% 0%−20%−40%−60%2020202220242026−59.8%
Largest drawdowns

-60.6% (2022-01 peak to 2023-03 low, not yet recovered)

-52.4% (2020-01 peak to 2020-05 low, recovered 2021-04)

-37.2% (2019-03 peak to 2019-08 low, recovered 2019-12)

Most recent volume spikes

2026-11-06: 6.6x the 50-day median, price -5.5% that day

2026-11-05: 6.7x the 50-day median, price +8.6% that day

2026-09-23: 7.6x the 50-day median, price +8.7% 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?

14.3xP/E todayWithin its usual range
Against its own history65th percentile
CheapestMedian 11.5xDearest

Usual range 5.8x to 30.2x since 2019-01.

Against Consumer Durables14.3x vs 25.5x
This company
14.3x
Sector median
25.5x

44% below the Consumer Durables median.

4.8x18.1x31.5x44.8xJan '19Aug '20Mar '22Oct '23May '25Nov '264.8x18.1x31.5x44.8xJan '19Sep '21May '24Nov '26
P/E (this company)10th to 90th percentile of its own historyIts medianConsumer Durables median

The chart loads when you open this tab.

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

The chart loads when you open this tab.

P/S (this company)10th to 90th percentile of its own historyIts medianConsumer Durables 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 Consumer Durables is valued

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

  • ROCE20thflat vs a year ago
  • Op. margin22nd▼ 12 pts vs a year ago
  • Revenue growth80th▲ 49 pts vs a year ago
  • EPS growth83rd▲ 65 pts vs a year ago
  • Debt/equity ↓41st▲ 5 pts vs a year ago
  • Cash cycle ↓20th▲ 10 pts vs a year ago
  • P/E ↓78th▼ 11 pts vs a year ago
  • 12M momentum80th▲ 60 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 Consumer Durables sector page Watch it move against Consumer Durables in the Observatory

What is the price implying?

~14%annual earnings growth implied by the priceAbove delivered growth

At normalised P/E (five-year average earnings) of 18.1x, a holder earning 12%/yr needs earnings to grow about 14.1%/yr for 10 years, then trade at 15x.

Delivered2.6%/yrEPS, last 10 fiscal years · 3-yr avg to 3-yr avg
Gap+11.6 ptsimplied minus delivered
Rank289thmost demanding of 856

Over time

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

-0%10%20% Jan 2019Nov 2026 -0%10%20% Jan 2019Nov 2026

Change the assumptions

Exit P/E / return11%12%13%
12x15.7%16.7%17.7%
15x13.1%14.1%15.1%
20x9.9%10.9%11.9%

Drag a slider to test other assumptions

Implied: 14.1%/yr

Looking back

  • Jan 2020Price implied 8%/yr; EPS has since grown 1%/yr (7.0 yrs)
  • Jan 2021Price implied 2%/yr; EPS has since grown −1%/yr (6.0 yrs)
  • Jan 2022Price implied 20%/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 Consumer Durables The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov
₹145.49
P/E
14.3x
ROCE
8.0%
Market Cap
₹1565 cr
Revenue (TTM)
₹3062 cr
P/S
0.5x
P/B
1.0x
ROE
7.2%
Operating Margin
5.0%
Debt / Equity
0.4x
Promoter Holding
62.0%
12M Momentum
21.3%

52-week range

₹85.00₹173.80
68% of the way from its 52-week low to its high

Price risk

1Y volatility
59.6%
Beta vs sector
1-year daily
1.25

Balance sheet & cash

Interest cover
operating profit ÷ interest
3.8x
Cash from profit, 3Y
operating cash flow ÷ net profit
0.08x
low
Share count, 1Y
unchanged

Are profits backed by cash?

4 of 7checks within range1 beyond a threshold
Other income reliance9%Within range

Other income as a share of pre-tax profit (trailing twelve months): 9.0%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate19%Within range

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 conversion0.08xBeyond threshold

Operating cash flow divided by net profit over the last three fiscal years: 0.08x (cash from operations ₹18 cr, net profit ₹238 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+25 daysNear threshold

Debtor days are above the median of the previous three fiscal years by 25 days (109 vs 84). 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-22 days / 2 yrsWithin range

Days payable changed by -22 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, promoters trimmed 7.6 pts; FIIs added 2.5 pts.
  • The number of shareholders rose from 15,643 to 23,555 (+51%) between Sep 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupSep '23Jun '26Change
Promoters69.6%62.0%-7.6 pts
FIIs1.7%4.2%+2.5 pts
DIIs0.1%0.1%0.0 pts
Public and others28.6%33.8%+5.1 pts

Number of shareholders

23,555shareholders+51% since Sep '23
16k19k22k26k Sep '23Jun '24Mar '25Dec '25Jun '26
Sep '23: 15,643
Dec '23: 16,897
Mar '24: 18,005
Jun '24: 17,560
Sep '24: 22,624
Dec '24: 21,210
Mar '25: 20,958
Jun '25: 20,773
Sep '25: 20,544
Dec '25: 20,799
Mar '26: 25,824
Jun '26: 23,555
16k19k22k26k Sep '23Sep '24Sep '25Jun '26
Sep '23: 15,643
Dec '23: 16,897
Mar '24: 18,005
Jun '24: 17,560
Sep '24: 22,624
Dec '24: 21,210
Mar '25: 20,958
Jun '25: 20,773
Sep '25: 20,544
Dec '25: 20,799
Mar '26: 25,824
Jun '26: 23,555

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

+7.4%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 RENAISSANCE GLOBAL 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 −25% to +46% vs the market, against −3% for all non-financial companies in the same months.
  • The gap against the base rate (+10.4%, 80% range −0.4% to +20.3%) is within what chance and overlapping periods produce.

Where the 50 outcomes landed

−100%−50%0%+50%+100%
RICOAUTO · Apr 2024: −54.9% vs market
PRITIKAUTO · Jan 2024: −54.0% vs market
DHAMPURSUG · Apr 2022: −52.6% vs market
WABAG · Jul 2021: −39.4% vs market
BANSWRAS · May 2023: −37.6% vs market
ARCHIDPLY · Apr 2024: −34.0% vs market
TEXMOPIPES · Feb 2022: −32.8% vs market
MIRZAINT · Apr 2020: −31.6% vs market
GENUSPAPER · Jun 2022: −28.9% vs market
RPSGVENT · Aug 2021: −27.7% vs market
VASCONEQ · Sep 2023: −27.3% vs market
NELCAST · Aug 2023: −27.0% vs market
JINDALSAW · May 2024: −25.0% vs market
MODISONLTD · Dec 2024: −23.1% vs market
RAMAPHO · Aug 2025: −19.5% vs market
DHARMAJ · Jun 2025: −17.0% vs market
COSMOFIRST · Jul 2025: −16.8% vs market
KCP · Sep 2024: −16.0% vs market
SWELECTES · Jun 2022: −10.9% vs market
RUCHIRA · Aug 2022: −2.8% vs market
MANINDS · Jun 2024: −2.2% vs market
ELECTCAST · Oct 2020: −0.9% vs market
RAYMOND · Mar 2023: −0.4% vs market
MAGADSUGAR · May 2022: +0.3% vs market
SCI · Jan 2021: +5.6% vs market
WINDMACHIN · Jan 2022: +9.1% vs market
NECLIFE · Apr 2020: +10.0% vs market
ARVIND · May 2021: +15.9% vs market
RAIN · Feb 2020: +17.8% vs market
KANPRPLA · Oct 2025: +19.7% vs market
PDMJEPAPER · Mar 2020: +20.8% vs market
BLKASHYAP · May 2023: +22.1% vs market
GOODLUCK · Jul 2025: +30.2% vs market
SHREYANIND · Dec 2022: +31.5% vs market
PENIND · Dec 2023: +32.0% vs market
CAPACITE · Nov 2023: +32.7% vs market
TPLPLASTEH · Nov 2023: +44.7% vs market
SUNFLAG · Dec 2022: +46.9% vs market
GALLANTT · Jan 2024: +53.9% vs market
NRAIL · Oct 2025: +61.3% vs market
SALZERELEC · Aug 2023: +82.9% vs market
PGIL · Sep 2022: +91.7% vs market
LOKESHMACH · Oct 2021: +102.3% vs market
UNIVCABLES · Sep 2025: +103.0% vs market
POCL · Jun 2024: +110.0% vs market
BIRLANU · Aug 2020: +117.7% vs market
PATELENG · Aug 2022: +121.4% vs market
REFEX · Apr 2024: +141.1% vs market
DPABHUSHAN · May 2021: +165.3% vs market
GOKEX · Apr 2021: +255.3% vs market
Similar setups +7.4%All companies −3.0%← 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 · 8 beyond the range shown, drawn at the edge

Similar setups' median
+7.4%
All companies' median
−3.0%
Beat the market
54% vs 47%

50 past situations · 50 companies · 36 months · 2020–2025

The closest matches

CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
SALZERELEC
Producer Manufacturing
Aug 2023 17x12% +70%−2% +83%
DHARMAJ
Process Industries
Jun 2025 31x12% +28%−15% −17%
RPSGVENT
Finance
Aug 2021 —9% +189%−8% −28%
JINDALSAW
Non-Energy Minerals
May 2024 27x11% +121%−9% −25%
PENIND
Non-Energy Minerals
Dec 2023 22x13% +120%−3% +32%
Show the other 3 matches
CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
UNIVCABLES
Electronic Technology
Sep 2025 21x9% +4%−16% +103%
MANINDS
Producer Manufacturing
Jun 2024 24x14% +171%−9% −2%
NRAIL
Process Industries
Oct 2025 24x6% +23%−9% +61%
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 P/S. 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 RENAISSANCE GLOBAL 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.

Health Services
67%similar
volatilityrevenue
Technology Services
65%similar
revenueROCE
Process Industries
63%similar
EPS growthrevenue growth
Electronic Technology
63%similar
promoter holdingvolatility
Consumer Non-Durables
62%similar
P/Evolatility
NILKAMALNILKAMAL
Consumer Durables
48%similar
revenuepromoter holding
TVS SRICHAKRATVSSRICHAK
Consumer Durables
40%similar
ROCEEPS growth
VAIBHAV GLOBALVAIBHAVGBL
Consumer Durables
39%similar
revenue growthrevenue

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

What changed?

30 events since Jun '22

  1. NovPriceVolume reached 6.7x its 50-day median on 2026-11-05; price +8.6% that day.
  2. SepPeer rankMoved into the top quartile of Consumer Durables on EPS growth (from the 3rd quartile).
  3. AugPriceVolume reached 93.9x its 50-day median on 2026-08-26; price +14.8% that day.
  4. JunResultsRevenue (TTM) reached a new high of ₹2,812 cr.
  5. MayPriceVolume reached 7.1x its 50-day median on 2026-05-07; price +8.1% that day.
  6. MarResultsYear-on-year EPS growth turned positive.
  7. MarPeer rankSlipped to the bottom quartile of Consumer Durables on operating margin (from the 3rd quartile).
  8. FebPriceVolume reached 159.5x its 50-day median on 2026-02-26; price +13.7% that day.
Show 22 earlier events
  1. OctPriceVolume reached 11.3x its 50-day median on 2025-10-09; price +6.0% that day.
  2. SepPromoterPromoter holding rose 3.5 pts to 62.5% (largest rise in the history since 2019-01).
  3. SepPeer rankSlipped to the bottom quartile of Consumer Durables on EPS growth (from the 3rd quartile).
  4. AugPriceVolume reached 10.9x its 50-day median on 2025-08-04; price +11.0% that day.
  5. JunPeer rankMoved into the 3rd quartile of Consumer Durables on EPS growth (from the bottom quartile).
  6. JunSharesShare count is up 10.5% over 12 months.
  7. MarPromoterPromoter holding fell 6.8 pts to 58.8%.
  8. FebPeer rankSlipped to the bottom quartile of Consumer Durables on ROCE (from the 3rd quartile).
  9. DecPeer rankMoved into the 3rd quartile of Consumer Durables on ROCE (from the bottom quartile).
  10. SepPromoterPromoter holding fell 2.1 pts to 67.5%.
  11. SepPriceVolume reached 27.1x its 50-day median on 2024-09-16; price +4.4% that day.
  12. JunPeer rankSlipped to the bottom quartile of Consumer Durables on ROCE (from the 3rd quartile).
  13. FebPriceVolume reached 42.9x its 50-day median on 2024-02-21; price +16.9% that day.
  14. OctPriceVolume reached 19.3x its 50-day median on 2023-10-18; price +9.8% that day.
  15. SepPriceVolume reached 23.0x its 50-day median on 2023-09-06; price +11.1% that day.
  16. JunResultsYear-on-year EPS growth turned negative.
  17. JunPeer rankSlipped to the 3rd quartile of Consumer Durables on ROCE (from the 2nd quartile).
  18. JunDividendDividend payout cut from 15% to -0% of profit.
  19. JunPriceVolume reached 25.1x its 50-day median on 2023-06-30; price +15.9% that day.
  20. MarPriceFell 61% from the Jan 2022 peak to the Mar 2023 low.
  21. NovPriceVolume reached 12.3x its 50-day median on 2022-11-15; price +20.0% that day.
  22. JunResultsYear-on-year EPS growth turned positive.

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
2026-1114.3x₹3062 cr7.2%8.0%0.4x
2026-1013.5x₹3062 cr7.2%8.0%0.4x
2026-0916.2x₹3062 cr7.2%8.0%0.4x
2026-0816.1x₹2812 cr6.0%8.0%0.4x
2026-0714.0x₹2812 cr6.0%8.0%0.4x
2026-0613.9x₹2812 cr6.0%8.0%0.4x
2026-0513.4x₹2553 cr6.0%7.0%0.5x
2026-0413.0x₹2553 cr6.0%7.0%0.5x
2026-0312.6x₹2553 cr6.0%7.0%0.5x
2026-0216.9x₹2300 cr5.3%7.0%0.5x
2026-0115.5x₹2300 cr5.3%7.0%0.5x
2025-1218.0x₹2300 cr5.3%7.0%0.5x
2025-1118.9x₹2166 cr4.7%7.0%0.5x
2025-1021.5x₹2166 cr4.7%7.0%0.5x
2025-0918.0x₹2166 cr4.7%7.0%0.5x
2025-0815.0x₹2081 cr5.2%7.0%0.5x
2025-0715.4x₹2081 cr5.2%7.0%0.5x
2025-0616.1x₹2081 cr5.2%7.0%0.5x
2025-0518.4x₹2104 cr6.2%8.0%0.6x
2025-0416.0x₹2104 cr6.2%8.0%0.6x
2025-0317.4x₹2104 cr6.2%8.0%0.6x
2025-0216.5x₹2049 cr6.5%8.0%0.6x
2025-0121.9x₹2049 cr6.5%8.0%0.6x
2024-1222.1x₹2049 cr6.5%8.0%0.6x
2024-1122.8x₹2079 cr6.4%8.0%0.6x
2024-1023.1x₹2079 cr6.4%8.0%0.6x
2024-0915.6x₹2079 cr6.4%8.0%0.6x
2024-0814.1x₹2107 cr6.4%8.0%0.6x
2024-0713.0x₹2107 cr6.4%8.0%0.6x
2024-0613.4x₹2107 cr6.4%8.0%0.6x
2024-0511.2x₹2237 cr8.5%9.0%0.6x
2024-0412.0x₹2237 cr8.5%9.0%0.6x
2024-0310.8x₹2237 cr8.5%9.0%0.6x
2024-0214.4x₹2237 cr8.5%9.0%0.6x
2024-0112.4x₹2237 cr8.5%9.0%0.6x
2023-1211.2x₹2237 cr8.5%9.0%0.6x
2023-1110.9x₹2237 cr8.5%9.0%0.6x
2023-1012.4x₹2237 cr8.5%9.0%0.6x
2023-0911.4x₹2237 cr8.5%9.0%0.6x
2023-0811.5x₹2237 cr8.5%9.0%0.6x
2023-0710.9x₹2237 cr8.5%9.0%0.6x
2023-0612.0x₹2237 cr8.5%9.0%0.6x
2023-057.6x₹2190 cr11.5%11.0%0.8x
2023-047.8x₹2190 cr11.5%11.0%0.8x
2023-037.4x₹2190 cr11.5%11.0%0.8x
2023-027.7x₹2190 cr11.5%11.0%0.8x
2023-018.8x₹2190 cr11.5%11.0%0.8x
2022-128.8x₹2190 cr11.5%11.0%0.8x
2022-119.0x₹2190 cr11.5%11.0%0.8x
2022-109.9x₹2190 cr11.5%11.0%0.8x
2022-0910.2x₹2190 cr11.5%11.0%0.8x
2022-0811.3x₹2190 cr11.5%11.0%0.8x
2022-0710.1x₹2190 cr11.5%11.0%0.8x
2022-0610.3x₹2190 cr11.5%11.0%0.8x
2022-0531.6x₹2031 cr5.0%6.0%0.6x
2022-0432.5x₹2031 cr5.0%6.0%0.6x
2022-0338.5x₹2031 cr5.0%6.0%0.6x
2022-0237.4x₹2031 cr5.0%6.0%0.6x
2022-0143.2x₹2031 cr5.0%6.0%0.6x
2021-1242.9x₹2031 cr5.0%6.0%0.6x

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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