Share price
₹18.4 latest close · −1.8% over the last 90 sessions
₹18.4 month-end · −27.7% over 12 months
₹18.4 month-end · −9.6% over 3 years
₹18.4 month-end · +119.0% since Jan '19
52-week range ₹15.30 to ₹27.50 · 1-year volatility 43.0%
Was the rally earned?
Earnings helped, the multiple did not.
- Per-share earnings added 40 points, but investors now pay less per rupee of profit (P/E 509.0x to 230.0x), which took 68 points back.
- 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.
Not shown for 3 years and 5 years: earnings were negative at one end, or there is not enough history.
Net profit is trailing twelve months as reported with a 60-day lag.
How rough has the ride been?
Drawdown from peak
Largest drawdowns
-59.2% (2024-08 peak to 2026-10 low, not yet recovered)
-59.1% (2019-01 peak to 2020-03 low, recovered 2020-12)
-57.8% (2021-07 peak to 2022-02 low, recovered 2022-10)
Is it expensive against its own past and its peers?
Usual range 4.0x to 467.6x since 2019-01.
759% above the Consumer Non-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 Non-Durables peers?
Each cell is the company's percentile rank among its Consumer Non-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
- ROCE9th▼ 3 pts vs a year ago
- Op. margin2ndflat vs a year ago
- Revenue growth1st▼ 97 pts vs a year ago
- EPS growth89th
- Debt/equity ↓11thflat vs a year ago
- Cash cycle ↓2nd▼ 15 pts vs a year ago
- P/E ↓5thflat vs a year ago
- 12M momentum26th▼ 32 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 Non-Durables sector page Watch it move against Consumer Non-Durables in the Observatory
What is the price implying?
At a P/E of 230.0x, the price would imply about 47.2%/yr earnings growth for 10 years under the same assumptions, but it is not ranked.
Fewer than six years of annual earnings are available, which is too little to measure delivered growth.
“Implied growth” is what the current price would require under our stated assumptions, not what we expect.
What prices imply across Consumer Non-Durables The market-wide Expectations lists
Key figures
- Share Priceclose 9 Nov
- ₹18.40
- P/E
- 230.0x
- ROCE
- 1.6%
- Market Cap
- ₹44 cr
- Revenue (TTM)
- ₹20 cr
- P/S
- 2.2x
- P/B
- 1.0x
- ROE
- 0.5%
- Operating Margin
- -25.2%
- Debt / Equity
- 1.1x
- Promoter Holding
- 23.6%
- 12M Momentum
- -27.7%
52-week range
Price risk
Balance sheet & cash
Are profits backed by cash?
Other income reliance300%Beyond threshold
Other income as a share of pre-tax profit (trailing twelve months): 300.0%. Bands: below 15%, 15% to 35%, above 35%.
Tax rate0%Beyond threshold
Median quarterly effective tax rate over about 2.5 years: 0.0%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.
Cash conversion—Not enough data
Not enough reported data to compute this.
Free cash flow1 of 5 yrsBeyond threshold
Fiscal years with positive free cash flow in the last 5: 1. Bands: at least 80% of years, 40% to 80%, below 40%.
Receivable days vs history+225 daysBeyond threshold
Debtor days are above the median of the previous three fiscal years by 225 days (527 vs 302). 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+88 days / 2 yrsNear threshold
Days payable changed by +88 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, institutional and promoter holdings were broadly unchanged.
- The number of shareholders rose from 11,629 to 19,879 (+71%) 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 RAVI KUMAR DISTILLERIES LIMITE 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 −28% to +24% vs the market, against −6% for all non-financial companies in the same months.
- The gap against the base rate (−5.3%, 80% range −11.9% to +6.4%) 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 · 5 beyond the range shown, drawn at the edge
50 past situations · 50 companies · 37 months · 2020–2025
The closest matches
| Company | When | P/E | ROCE | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| RUCHINFRA Transportation |
Jun 2023 | 143x | 4% | +8% | −29% | −2% |
| ZENITHSTL Non-Energy Minerals |
Jul 2025 | 281x | — | −25% | −30% | −38% |
| SWELECTES Producer Manufacturing |
Jun 2023 | 88x | 4% | +7% | −14% | +168% |
| EMAMIREAL Finance |
Aug 2021 | 295x | 4% | +25% | −23% | −1% |
| TARMAT Industrial Services |
Apr 2020 | 40x | -12% | −45% | −50% | +46% |
Show the other 3 matches
| Company | When | P/E | ROCE | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| TOKYOPLAST Producer Manufacturing |
Nov 2024 | 117x | — | 0% | −19% | −7% |
| MCL Non-Energy Minerals |
Aug 2024 | 85x | 4% | +30% | −22% | +32% |
| VIPULLTD Finance |
Mar 2020 | 126x | 3% | −66% | −75% | +30% |
How reliable is this?
Matched on P/E, P/S, ROCE, operating margin, debt/equity, 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. Not used (unavailable for this company): interest cover. 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 changed?
20 events since Jun '19
- OctPriceFell 59% from the Aug 2024 peak to the Oct 2026 low.
- SepResultsYear-on-year EPS growth turned positive.
- SepPeer rankSlipped to the bottom quartile of Consumer Non-Durables on operating margin (from the 3rd quartile).
- JunPeer rankMoved into the 3rd quartile of Consumer Non-Durables on operating margin (from the bottom quartile).
- JunDebtDebt / equity rose above 1.0x (1.09x).
- JunValuationP/E crossed above the 90th percentile of its own history to date (504.5x).
- DecResultsEPS (TTM) turned positive.
- DecValuationP/E crossed above the 90th percentile of its own history to date (319.4x).
Show 12 earlier events
- JunPriceRegained the 2023-09 peak, 8 months after the low.
- OctPriceFell 35% from the Sep 2023 peak to the Oct 2023 low.
- AugPriceRegained the 2022-10 peak, 1 month after the low.
- JulPriceFell 52% from the Oct 2022 peak to the Jul 2023 low.
- OctPriceRegained the 2021-07 peak, 8 months after the low.
- FebPriceFell 58% from the Jul 2021 peak to the Feb 2022 low.
- JunResultsEPS (TTM) turned negative.
- JunPriceRegained the 2020-12 peak, 3 months after the low.
- MarPriceFell 34% from the Dec 2020 peak to the Mar 2021 low.
- DecPriceRegained the 2019-01 peak, 9 months after the low.
- MarPriceFell 59% from the Jan 2019 peak to the Mar 2020 low.
- JunResultsEPS (TTM) 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 history95 months · 2019-01 to 2026-11
| Month | P/E | Revenue (TTM) | ROE | ROCE | Debt / Equity |
|---|---|---|---|---|---|
| 2026-11 | 230.0x | ₹20 cr | 0.5% | 1.6% | 1.1x |
| 2026-10 | 222.4x | ₹20 cr | 0.5% | 1.6% | 1.1x |
| 2026-09 | 227.1x | ₹20 cr | 0.5% | 1.6% | 1.1x |
| 2026-08 | 306.5x | ₹20 cr | 0.3% | 1.6% | 1.1x |
| 2026-07 | 329.0x | ₹20 cr | 0.3% | 1.6% | 1.1x |
| 2026-06 | 306.8x | ₹20 cr | 0.3% | 1.6% | 1.1x |
| 2026-05 | 424.4x | ₹24 cr | 0.3% | 0.3% | 1.0x |
| 2026-04 | 434.6x | ₹24 cr | 0.3% | 0.3% | 1.0x |
| 2026-03 | 364.0x | ₹24 cr | 0.3% | 0.3% | 1.0x |
| 2026-02 | 381.8x | ₹30 cr | 0.3% | 0.3% | 1.0x |
| 2026-01 | 399.0x | ₹30 cr | 0.3% | 0.3% | 1.0x |
| 2025-12 | 463.6x | ₹30 cr | 0.3% | 0.3% | 1.0x |
| 2025-11 | 509.0x | ₹36 cr | 0.3% | 0.3% | 1.0x |
| 2025-10 | 524.0x | ₹36 cr | 0.3% | 0.3% | 1.0x |
| 2025-09 | 541.4x | ₹36 cr | 0.3% | 0.3% | 1.0x |
| 2025-08 | 440.3x | ₹37 cr | 0.3% | 0.3% | 1.0x |
| 2025-07 | 477.0x | ₹37 cr | 0.3% | 0.3% | 1.0x |
| 2025-06 | 504.5x | ₹37 cr | 0.3% | 0.3% | 1.0x |
| 2025-05 | 49.0x | ₹33 cr | 3.5% | 0.3% | 1.0x |
| 2025-04 | 44.3x | ₹33 cr | 3.5% | 0.3% | 1.0x |
| 2025-03 | 41.1x | ₹33 cr | 3.5% | 0.3% | 1.0x |
| 2025-02 | 254.6x | ₹28 cr | 0.5% | 0.3% | 1.0x |
| 2025-01 | 310.8x | ₹28 cr | 0.5% | 0.3% | 1.0x |
| 2024-12 | 319.4x | ₹28 cr | 0.5% | 0.3% | 1.0x |
| 2024-11 | — | ₹23 cr | -3.4% | 0.3% | 1.0x |
| 2024-10 | — | ₹23 cr | -3.4% | 0.3% | 1.0x |
| 2024-09 | — | ₹23 cr | -3.4% | 0.3% | 1.0x |
| 2024-08 | — | ₹25 cr | -4.7% | 0.3% | 1.0x |
| 2024-07 | — | ₹25 cr | -4.7% | 0.3% | 1.0x |
| 2024-06 | — | ₹25 cr | -4.7% | 0.3% | 1.0x |
| 2024-05 | — | ₹29 cr | -5.2% | -1.5% | 0.9x |
| 2024-04 | — | ₹29 cr | -5.2% | -1.5% | 0.9x |
| 2024-03 | — | ₹29 cr | -5.2% | -1.5% | 0.9x |
| 2024-02 | — | ₹29 cr | -5.2% | -1.5% | 0.9x |
| 2024-01 | — | ₹29 cr | -5.2% | -1.5% | 0.9x |
| 2023-12 | — | ₹29 cr | -5.2% | -1.5% | 0.9x |
| 2023-11 | — | ₹29 cr | -5.2% | -1.5% | 0.9x |
| 2023-10 | — | ₹29 cr | -5.2% | -1.5% | 0.9x |
| 2023-09 | — | ₹29 cr | -5.2% | -1.5% | 0.9x |
| 2023-08 | — | ₹29 cr | -5.2% | -1.5% | 0.9x |
| 2023-07 | — | ₹29 cr | -5.2% | -1.5% | 0.9x |
| 2023-06 | — | ₹29 cr | -5.2% | -1.5% | 0.9x |
| 2023-05 | — | ₹10 cr | -28.9% | -5.7% | 0.7x |
| 2023-04 | — | ₹10 cr | -28.9% | -5.7% | 0.7x |
| 2023-03 | — | ₹10 cr | -28.9% | -5.7% | 0.7x |
| 2023-02 | — | ₹10 cr | -28.9% | -5.7% | 0.7x |
| 2023-01 | — | ₹10 cr | -28.9% | -5.7% | 0.7x |
| 2022-12 | — | ₹10 cr | -28.9% | -5.7% | 0.7x |
| 2022-11 | — | ₹10 cr | -28.9% | -5.7% | 0.7x |
| 2022-10 | — | ₹10 cr | -28.9% | -5.7% | 0.7x |
| 2022-09 | — | ₹10 cr | -28.9% | -5.7% | 0.7x |
| 2022-08 | — | ₹10 cr | -28.9% | -5.7% | 0.7x |
| 2022-07 | — | ₹10 cr | -28.9% | -5.7% | 0.7x |
| 2022-06 | — | ₹10 cr | -28.9% | -5.7% | 0.7x |
| 2022-05 | — | ₹0 cr | -12.5% | -5.7% | 0.5x |
| 2022-04 | — | ₹0 cr | -12.5% | -5.7% | 0.5x |
| 2022-03 | — | ₹0 cr | -12.5% | -5.7% | 0.5x |
| 2022-02 | — | ₹0 cr | -12.5% | -5.7% | 0.5x |
| 2022-01 | — | ₹0 cr | -12.5% | -5.7% | 0.5x |
| 2021-12 | — | ₹0 cr | -12.5% | -5.7% | 0.5x |
| 2021-11 | — | ₹0 cr | -12.5% | -5.7% | 0.5x |
| 2021-10 | — | ₹0 cr | -12.5% | -5.7% | 0.5x |
| 2021-09 | — | ₹0 cr | -12.5% | -5.7% | 0.5x |
| 2021-08 | — | ₹0 cr | -12.5% | -5.7% | 0.5x |
| 2021-07 | — | ₹0 cr | -12.5% | -5.7% | 0.5x |
| 2021-06 | — | ₹0 cr | -12.5% | -5.7% | 0.5x |
| 2021-05 | 46.0x | ₹78 cr | 0.8% | 0.9% | 0.5x |
| 2021-04 | 41.9x | ₹78 cr | 0.8% | 0.9% | 0.5x |
| 2021-03 | 35.2x | ₹78 cr | 0.8% | 0.9% | 0.5x |
| 2021-02 | 36.4x | ₹78 cr | 0.8% | 0.9% | 0.5x |
| 2021-01 | 40.5x | ₹78 cr | 0.8% | 0.9% | 0.5x |
| 2020-12 | 44.3x | ₹78 cr | 0.8% | 0.9% | 0.5x |
| 2020-11 | 30.2x | ₹78 cr | 0.8% | 0.9% | 0.5x |
| 2020-10 | 30.0x | ₹78 cr | 0.8% | 0.9% | 0.5x |
| 2020-09 | 33.3x | ₹78 cr | 0.8% | 0.9% | 0.5x |
| 2020-08 | 34.3x | ₹78 cr | 0.8% | 0.9% | 0.5x |
| 2020-07 | 32.4x | ₹78 cr | 0.8% | 0.9% | 0.5x |
| 2020-06 | 38.6x | ₹78 cr | 0.8% | 0.9% | 0.5x |
| 2020-05 | 4.7x | ₹81 cr | 5.6% | -0.9% | 0.5x |
| 2020-04 | 4.0x | ₹81 cr | 5.6% | -0.9% | 0.5x |
| 2020-03 | 2.8x | ₹81 cr | 5.6% | -0.9% | 0.5x |
| 2020-02 | 5.5x | ₹81 cr | 5.6% | -0.9% | 0.5x |
| 2020-01 | 3.4x | ₹81 cr | 5.6% | -0.9% | 0.5x |
| 2019-12 | 3.5x | ₹81 cr | 5.6% | -0.9% | 0.5x |
| 2019-11 | 3.9x | ₹81 cr | 5.6% | -0.9% | 0.5x |
| 2019-10 | 4.1x | ₹81 cr | 5.6% | -0.9% | 0.5x |
| 2019-09 | 4.1x | ₹81 cr | 5.6% | -0.9% | 0.5x |
| 2019-08 | 4.4x | ₹81 cr | 5.6% | -0.9% | 0.5x |
| 2019-07 | 4.3x | ₹81 cr | 5.6% | -0.9% | 0.5x |
| 2019-06 | 5.3x | ₹81 cr | 5.6% | -0.9% | 0.5x |
| 2019-05 | — | ₹71 cr | -2.5% | -13.0% | 0.6x |
| 2019-04 | — | ₹71 cr | -2.5% | -13.0% | 0.6x |
| 2019-03 | — | ₹71 cr | -2.5% | -13.0% | 0.6x |
| 2019-02 | — | ₹71 cr | -2.5% | -13.0% | 0.6x |
| 2019-01 | — | ₹71 cr | -2.5% | -13.0% | 0.6x |