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ROUTE MOBILE LTD (ROUTE)

Communications · Major Telecommunications · 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.72 / 100
Profitability 54Growth 62Balance sheet 100
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.21 / 100
Price 22Earnings 36FII/DII 4

Passes these screensCash RichValue PickDebt-light & profitableLittle growth priced in

Compare withBHARTI HEXACOMTATA COMMUNICATIONSRAILTEL CORPORATION OF IND

Share price

Closing priceAdjusted for splits and bonus issues.

₹450.15 latest close · −18.7% over the last 90 sessions

₹400₹500₹600Jul 3Jul 29Aug 24Sep 17Oct 14Nov 9 ₹400₹500₹600Jul 3Sep 4Nov 9

₹450.15 month-end · −32.5% over 12 months

₹400₹500₹600₹700Nov '25Jan '26Apr '26Jun '26Sep '26Nov '26 ₹400₹500₹600₹700Nov '25May '26Nov '26

₹450.15 month-end · −71.0% over 3 years

₹500₹1,000₹1,500Nov '23Jun '24Jan '25Sep '25Apr '26Nov '26 ₹500₹1,000₹1,500Nov '23May '25Nov '26

₹450.15 month-end · −44.2% since Sep '20

₹500₹1,000₹1,500₹2,000Sep '20Dec '21Mar '23May '24Aug '25Nov '26 ₹500₹1,000₹1,500₹2,000Sep '20Oct '23Nov '26

52-week range ₹407.10 to ₹769.45 · 1-year volatility 38.6%

Was the rally earned?

-33%share price, 1 yearEarnings and multiple

Both mattered.

  • Per-share earnings took off 14 points and the multiple took off 19 points (P/E 14.3x to 11.4x).
  • The share count barely moved.
Net profit growth: −14 pts. Points of the price return explained by net profit growing (or shrinking).−14 ptsNet profit growthP/E change: −19 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−19 ptsP/E changeShare count change: 0 pts. Points of the price return explained by the share count changing. More shares count against the price.0 ptsShare count changeShare price: −32%−32%Share priceNet profit growth: −14 pts. Points of the price return explained by net profit growing (or shrinking).−14ProfitP/E change: −19 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−19P/EShare count change: 0 pts. Points of the price return explained by the share count changing. More shares count against the price.0SharesShare price: −32%−32%Share price
Net profit growth-14 ptsNet profit fell about 16%, which lowers the price.
P/E change-19 ptsThe P/E fell from 14.3x to 11.4x, which lowers the price.
Share count change0 ptsShare count was little changed. More shares would count against the price.
-71%share price, 3 yearsMultiple-driven

Mostly the multiple.

  • Most of the fall came from investors paying a lower multiple (P/E 29.6x to 11.4x); per-share earnings took off 16 points.
  • The share count rose 5%.
Net profit growth: −14 pts. Points of the price return explained by net profit growing (or shrinking).−14 ptsNet profit growthP/E change: −55 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−55 ptsP/E changeShare count change: −3 pts. Points of the price return explained by the share count changing. More shares count against the price.−3 ptsShare count changeShare price: −71%−71%Share priceNet profit growth: −14 pts. Points of the price return explained by net profit growing (or shrinking).−14ProfitP/E change: −55 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−55P/EShare count change: −3 pts. Points of the price return explained by the share count changing. More shares count against the price.−3SharesShare price: −71%−71%Share price
Net profit growth-14 ptsNet profit fell about 21%, which lowers the price.
P/E change-55 ptsThe P/E fell from 29.6x to 11.4x, which lowers the price.
Share count change-3 ptsShare count rose 5%, which lowers the price.
-75%share price, 5 yearsLower P/E held it back

Earnings helped, the multiple did not.

  • Per-share earnings added 29 points, but investors now pay less per rupee of profit (P/E 78.5x to 11.4x), which took 104 points back.
  • The share count rose 16%.
Net profit growth: +37 pts. Points of the price return explained by net profit growing (or shrinking).+37 ptsNet profit growthP/E change: −104 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−104 ptsP/E changeShare count change: −8 pts. Points of the price return explained by the share count changing. More shares count against the price.−8 ptsShare count changeShare price: −75%−75%Share priceNet profit growth: +37 pts. Points of the price return explained by net profit growing (or shrinking).+37ProfitP/E change: −104 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−104P/EShare count change: −8 pts. Points of the price return explained by the share count changing. More shares count against the price.−8SharesShare price: −75%−75%Share price
Net profit growth+37 ptsNet profit rose about 97%, which lifts the price.
P/E change-104 ptsThe P/E fell from 78.5x to 11.4x, which lowers the price.
Share count change-8 ptsShare count rose 16%, 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 BHARTI HEXACOM

How rough has the ride been?

Maximum drawdown-82.0%not yet recovered
1-year volatility38.6%annualised
Beta vs sector index0.303-year daily, correlation 0.18
Volume spikes9last 90 sessions, 5x the 50-day median

Drawdown from peak

0%−25%−50%−75%202120222023202420252026−82.0% 0%−25%−50%−75%20232025−82.0%
Largest drawdowns

-82.0% (2021-10 peak to 2026-10 low, not yet recovered)

-26.7% (2021-02 peak to 2021-03 low, recovered 2021-07)

-24.5% (2020-09 peak to 2020-10 low, recovered 2020-10)

Most recent volume spikes

2026-10-13: 5.3x the 50-day median, price +4.2% that day

2026-09-23: 5.6x the 50-day median, price +2.0% that day

2026-09-18: 6.3x the 50-day median, price -5.7% 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?

11.4xP/E todayNear its historic low
Against its own history4th percentile
CheapestMedian 30.4xDearest

Usual range 14.7x to 87.9x since 2020-09.

Against Communications11.4x vs 42.0x
This company
11.4x
Sector median
42.0x

73% below the Communications median.

11.1x55.5x99.8x144.2xSep '20Dec '21Mar '23Jun '24Sep '25Nov '2611.1x55.5x99.8x144.2xSep '20Oct '22Nov '24Nov '26
P/E (this company)10th to 90th percentile of its own historyIts medianCommunications median

The chart loads when you open this tab.

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

The chart loads when you open this tab.

P/S (this company)10th to 90th percentile of its own historyIts medianCommunications 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 Communications is valued

Where does it rank among Communications peers?

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

  • ROCE69th▼ 14 pts vs a year ago
  • Op. margin38th▲ 7 pts vs a year ago
  • Revenue growth21st▼ 43 pts vs a year ago
  • EPS growth71st▲ 46 pts vs a year ago
  • Debt/equity ↓100th▲ 40 pts vs a year ago
  • Cash cycle ↓29th▼ 9 pts vs a year ago
  • P/E ↓89th▲ 14 pts vs a year ago
  • 12M momentum36th▲ 15 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 Communications sector page Watch it move against Communications in the Observatory

What is the price implying?

~6%annual earnings growth implied by the priceBelow delivered growth

At normalised P/E (five-year average earnings) of 10.3x, a holder earning 12%/yr needs earnings to grow about 6.1%/yr for 10 years, then trade at 15x.

Delivered24.8%/yrEPS, last 10 fiscal years · 3-yr avg to 3-yr avg
Gap−18.7 ptsimplied minus delivered
Rank770thmost demanding of 856

Over time

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

0%21%42% Sep 2020Nov 2026 0%21%42% Sep 2020Nov 2026

Change the assumptions

Exit P/E / return11%12%13%
12x7.3%8.2%9.2%
15x5.1%6.1%7.0%
20x2.4%3.3%4.2%

Drag a slider to test other assumptions

Implied: 6.1%/yr

Looking back

  • Jan 2021Price implied 35%/yr; EPS has since grown 23%/yr (6.0 yrs)
  • Jan 2022Price implied 40%/yr; EPS has since grown 12%/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.

The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov
₹450.15
P/E
11.4x
ROCE
17.0%
Market Cap
₹2834 cr
Revenue (TTM)
₹4509 cr
P/S
0.6x
P/B
1.0x
ROE
9.0%
Operating Margin
9.0%
Debt / Equity
0.0x
Promoter Holding
74.8%
12M Momentum
-32.5%

52-week range

₹407.10₹769.45
12% of the way from its 52-week low to its high

Price risk

1Y volatility
38.6%
Beta vs sector
1-year daily
0.43

Balance sheet & cash

Interest cover
operating profit ÷ interest
74.4x
Cash from profit, 3Y
operating cash flow ÷ net profit
1.11x
Share count, 1Y
unchanged

Are profits backed by cash?

6 of 6checks within rangeAll clear
Other income reliance-16%Within range

Other income as a share of pre-tax profit (trailing twelve months): -15.5%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate23%Within range

Median quarterly effective tax rate over about 2.5 years: 23.0%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion1.11xWithin range

Operating cash flow divided by net profit over the last three fiscal years: 1.11x (cash from operations ₹1,085 cr, net profit ₹980 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+1 daysWithin range

Debtor days are above the median of the previous three fiscal years by 1 days (75 vs 74). 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—Not enough data

Not enough reported data to compute this.

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 2 years, FIIs trimmed 19.2 pts; promoters added 16.7 pts; DIIs trimmed 2.5 pts.
  • The number of shareholders fell from 1.8 lakh to 1.6 lakh (-15%) between Dec 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupDec '23Jun '26Change
Promoters58.1%74.8%+16.7 pts
FIIs21.6%2.4%-19.2 pts
DIIs6.0%3.5%-2.5 pts
Public and others14.3%19.3%+5.0 pts

Number of shareholders

1.6 lakhshareholders-15% since Dec '23
1.5L1.6L1.7L1.8L Dec '23Jun '24Dec '24Jun '25Dec '25Jun '26
Dec '23: 1.8 lakh
Mar '24: 1.8 lakh
Jun '24: 1.5 lakh
Sep '24: 1.5 lakh
Dec '24: 1.5 lakh
Mar '25: 1.5 lakh
Jun '25: 1.6 lakh
Sep '25: 1.6 lakh
Dec '25: 1.6 lakh
Mar '26: 1.6 lakh
Jun '26: 1.6 lakh
 1.5L1.6L1.7L1.8L Dec '23Dec '24Dec '25Jun '26
Dec '23: 1.8 lakh
Mar '24: 1.8 lakh
Jun '24: 1.5 lakh
Sep '24: 1.5 lakh
Dec '24: 1.5 lakh
Mar '25: 1.5 lakh
Jun '25: 1.6 lakh
Sep '25: 1.6 lakh
Dec '25: 1.6 lakh
Mar '26: 1.6 lakh
Jun '26: 1.6 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

+10.0%typical 12-month return vs the marketAbove the base rate
  • We found 50 past situations where a non-financial company looked like ROUTE MOBILE 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 −14% to +36% vs the market, against −3% for all non-financial companies in the same months.
  • The analogs' median sat above that base rate (gap +13.3%, 80% range +4.9% to +17.7%), but the matches cluster in only 6 distinct 12-month windows.

Where the 50 outcomes landed

−50%0%+50%+100%
DPWIRES · Jun 2024: −47.5% vs market
BIRLANU · Apr 2023: −32.8% vs market
NOCIL · Feb 2025: −29.2% vs market
ANDHRSUGAR · Jun 2023: −28.8% vs market
TVTODAY · May 2024: −23.4% vs market
ANDHRAPAP · May 2025: −19.7% vs market
IFBAGRO · Dec 2021: −17.4% vs market
INSECTICID · May 2023: −17.1% vs market
UDS · Sep 2025: −16.5% vs market
SHARDACROP · Aug 2023: −15.3% vs market
GTPL · Jul 2023: −15.1% vs market
VEEDOL · Jun 2025: −14.6% vs market
BALMLAWRIE · Jan 2025: −14.5% vs market
SURYAROSNI · Dec 2024: −12.3% vs market
HONDAPOWER · Mar 2024: −11.7% vs market
ATULAUTO · Jul 2020: −11.2% vs market
BSOFT · Oct 2025: −8.1% vs market
AUTOAXLES · Jul 2024: −4.0% vs market
PODDARMENT · Sep 2025: −3.7% vs market
EXPLEOSOL · Sep 2025: −1.1% vs market
INDNIPPON · May 2021: +4.8% vs market
NBCC · Apr 2022: +5.1% vs market
EKC · Jun 2024: +8.1% vs market
PLASTIBLEN · Sep 2025: +8.8% vs market
BEPL · Feb 2024: +9.4% vs market
GSFC · Mar 2023: +10.6% vs market
GMDCLTD · May 2020: +10.8% vs market
AVANTIFEED · Jul 2023: +13.1% vs market
MUNJALSHOW · Feb 2020: +14.5% vs market
GAEL · Feb 2025: +15.0% vs market
HERITGFOOD · Sep 2022: +17.2% vs market
VARDHACRLC · May 2021: +17.2% vs market
EXCELINDUS · May 2021: +17.4% vs market
IOLCP · Jul 2024: +26.6% vs market
DLINKINDIA · Aug 2021: +30.3% vs market
BANCOINDIA · Jun 2020: +31.9% vs market
WINDLAS · Oct 2022: +34.9% vs market
KIRLOSENG · Jun 2020: +36.5% vs market
DATAMATICS · Nov 2024: +39.7% vs market
LINCOLN · Aug 2022: +64.9% vs market
SESHAPAPER · Nov 2021: +65.2% vs market
GUJALKALI · Feb 2021: +69.2% vs market
KRBL · Mar 2022: +80.6% vs market
EVERESTIND · Nov 2021: +82.6% vs market
SHARDAMOTR · Feb 2020: +93.6% vs market
MARKSANS · Oct 2022: +95.0% vs market
MAITHANALL · Mar 2021: +99.9% vs market
NATIONALUM · Nov 2023: +103.5% vs market
FINCABLES · Mar 2022: +126.6% vs market
MAZDOCK · Mar 2022: +191.3% vs market
Similar setups +10.0%All companies −3.3%← 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 · 3 beyond the range shown, drawn at the edge

Similar setups' median
+10.0%
All companies' median
−3.3%
Beat the market
60% vs 46%

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

The closest matches

CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
GAEL
Consumer Non-Durables		 Feb 2025 14x16% −47%−49% +15%
BANCOINDIA
Producer Manufacturing		 Jun 2020 7x13% −39%−40% +32%
GUJALKALI
Process Industries		 Feb 2021 7x11% −7%−17% +69%
MAITHANALL
Non-Energy Minerals		 Mar 2021 7x20% +53%−24% +100%
MUNJALSHOW
Producer Manufacturing		 Feb 2020 6x12% −41%−44% +15%
Show the other 3 matches
CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
IOLCP
Process Industries		 Jul 2024 19x12% +10%−17% +27%
SURYAROSNI
Non-Energy Minerals		 Dec 2024 20x21% −24%−28% −12%
AVANTIFEED
Process Industries		 Jul 2023 20x18% −7%−21% +13%
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/E. 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 ROUTE MOBILE LTD. 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.

DDEV PLASTIKS INDUSTRIESDDEVPLSTIK
Process Industries
64%similar
operating marginP/E
GALAXY SURFACTANTSGALAXYSURF
Consumer Non-Durables
63%similar
revenue growthrevenue
SIYARAM SILK MILLSSIYSIL
Process Industries
61%similar
volatilityP/E
SURYA ROSHNISURYAROSNI
Non-Energy Minerals
61%similar
volatilityROCE
CHAMAN LAL SETIA EXPORTSCLSEL
Process Industries
60%similar
P/EROCE
RAILTEL CORPORATION OF INDRAILTEL
Communications
32%similar
volatilitydebt/equity
GTPL HATHWAYGTPL
Communications
10%similar
promoter holdingrevenue
TATA COMMUNICATIONSTATACOMM
Communications
0%similar
EPS growthROCE

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

What changed?

30 events since May '23

  1. OctPriceFell 82% from the Oct 2021 peak to the Oct 2026 low.
  2. OctPriceVolume reached 5.3x its 50-day median on 2026-10-13; price +4.2% that day.
  3. JulPriceVolume reached 237.2x its 50-day median on 2026-07-23; price +5.9% that day.
  4. JunInstitutionsFII + DII holding fell 3.7 pts over 2 quarters to 6.5%.
  5. JunPeer rankSlipped to the 2nd quartile of Communications on ROCE (from the top quartile).
  6. AprPriceVolume reached 6.7x its 50-day median on 2026-04-27; price +6.8% that day.
  7. MarValuationP/E fell below the 10th percentile of its own history to date (14.1x).
  8. MarPriceVolume reached 62.4x its 50-day median on 2026-03-18; price +7.9% that day.
Show 22 earlier events
  1. DecPeer rankSlipped to the bottom quartile of Communications on EPS growth (from the 3rd quartile).
  2. DecPriceVolume reached 114.6x its 50-day median on 2025-12-03; price +5.4% that day.
  3. JunResultsYear-on-year EPS growth turned negative.
  4. JunPeer rankSlipped to the 3rd quartile of Communications on EPS growth (from the 2nd quartile).
  5. JunPriceVolume reached 81.0x its 50-day median on 2025-06-12; price +4.9% that day.
  6. AprPeer rankSlipped to the 2nd quartile of Communications on EPS growth (from the top quartile).
  7. MarInstitutionsFII + DII holding rose 5.8 pts over 2 quarters to 12.6%.
  8. MarPriceVolume reached 43.0x its 50-day median on 2025-03-06; price +3.3% that day.
  9. DecPromoterPromoter holding fell 8.2 pts to 74.9%.
  10. DecPriceVolume reached 6.8x its 50-day median on 2024-12-10; price -4.2% that day.
  11. SepPromoterPromoter holding rose 25.1 pts to 83.1%.
  12. JulPriceVolume reached 25.2x its 50-day median on 2024-07-26; price -5.0% that day.
  13. JunResultsRevenue (TTM) reached a new high of ₹4,023 cr.
  14. JunInstitutionsFII + DII holding fell 5.9 pts over 1 quarter to 21.7%.
  15. JunPriceVolume reached 130.4x its 50-day median on 2024-06-27; price +14.3% that day.
  16. AprValuationP/E fell below the 10th percentile of its own history to date (29.1x).
  17. JanPriceVolume reached 8.5x its 50-day median on 2024-01-02; price +0.6% that day.
  18. DecPriceVolume reached 5.8x its 50-day median on 2023-12-15; price +2.0% that day.
  19. JulPriceVolume reached 35.4x its 50-day median on 2023-07-17; price -8.5% that day.
  20. JunResultsRevenue (TTM) reached a new high of ₹3,569 cr.
  21. JunPeer rankMoved into the top quartile of Communications on ROCE (from the 2nd quartile).
  22. MayPriceVolume reached 13.8x its 50-day median on 2023-05-23; price +4.4% 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 history75 months · 2020-09 to 2026-11
MonthP/ERevenue (TTM)ROEROCEDebt / Equity
2026-1111.4x₹4509 cr9.0%17.0%0.0x
2026-1011.1x₹4509 cr9.1%17.0%0.0x
2026-0911.3x₹4509 cr9.1%17.0%0.0x
2026-0813.2x₹4408 cr8.8%17.0%0.0x
2026-0714.2x₹4408 cr8.8%17.0%0.0x
2026-0613.7x₹4408 cr8.8%17.0%0.0x
2026-0517.2x₹4452 cr7.9%18.0%0.2x
2026-0417.8x₹4452 cr7.9%18.0%0.2x
2026-0314.1x₹4452 cr7.9%18.0%0.2x
2026-0218.7x₹4529 cr7.2%18.0%0.2x
2026-0121.9x₹4529 cr7.2%18.0%0.2x
2025-1225.8x₹4529 cr7.2%18.0%0.2x
2025-1114.3x₹4523 cr12.1%18.0%0.2x
2025-1015.3x₹4523 cr12.1%18.0%0.2x
2025-0917.0x₹4523 cr12.1%18.0%0.2x
2025-0816.7x₹4575 cr13.0%18.0%0.2x
2025-0717.8x₹4575 cr13.0%18.0%0.2x
2025-0620.2x₹4575 cr13.0%18.0%0.2x
2025-0517.0x₹4417 cr16.2%21.0%0.2x
2025-0417.1x₹4417 cr16.2%21.0%0.2x
2025-0316.7x₹4417 cr16.2%21.0%0.2x
2025-0216.5x₹4257 cr17.5%21.0%0.2x
2025-0120.1x₹4257 cr17.5%21.0%0.2x
2024-1223.4x₹4257 cr17.5%21.0%0.2x
2024-1125.0x₹4159 cr16.6%21.0%0.2x
2024-1026.4x₹4159 cr16.6%21.0%0.2x
2024-0927.2x₹4159 cr16.6%21.0%0.2x
2024-0826.5x₹4023 cr17.1%21.0%0.2x
2024-0727.2x₹4023 cr17.1%21.0%0.2x
2024-0630.5x₹4023 cr17.1%21.0%0.2x
2024-0528.2x₹3569 cr17.3%22.0%0.1x
2024-0429.1x₹3569 cr17.3%22.0%0.1x
2024-0330.6x₹3569 cr17.3%22.0%0.1x
2024-0230.5x₹3569 cr17.3%22.0%0.1x
2024-0130.4x₹3569 cr17.3%22.0%0.1x
2023-1230.5x₹3569 cr17.3%22.0%0.1x
2023-1129.6x₹3569 cr17.3%22.0%0.1x
2023-1029.7x₹3569 cr17.3%22.0%0.1x
2023-0930.4x₹3569 cr17.3%22.0%0.1x
2023-0830.0x₹3569 cr17.3%22.0%0.1x
2023-0728.6x₹3569 cr17.3%22.0%0.1x
2023-0630.4x₹3569 cr17.3%22.0%0.1x
2023-0554.5x₹2002 cr9.6%17.0%0.0x
2023-0448.2x₹2002 cr9.6%17.0%0.0x
2023-0351.8x₹2002 cr9.6%17.0%0.0x
2023-0251.0x₹2002 cr9.6%17.0%0.0x
2023-0146.7x₹2002 cr9.6%17.0%0.0x
2022-1246.1x₹2002 cr9.6%17.0%0.0x
2022-1150.4x₹2002 cr9.6%17.0%0.0x
2022-1049.7x₹2002 cr9.6%17.0%0.0x
2022-0951.9x₹2002 cr9.6%17.0%0.0x
2022-0857.6x₹2002 cr9.6%17.0%0.0x
2022-0753.1x₹2002 cr9.6%17.0%0.0x
2022-0647.1x₹2002 cr9.6%17.0%0.0x
2022-0560.3x₹1406 cr19.3%33.0%0.0x
2022-0470.9x₹1406 cr19.3%33.0%0.0x
2022-0366.8x₹1406 cr19.3%33.0%0.0x
2022-0264.4x₹1406 cr19.3%33.0%0.0x
2022-0177.8x₹1406 cr19.3%33.0%0.0x
2021-1277.2x₹1406 cr19.3%33.0%0.0x
2021-1178.5x₹1406 cr19.3%33.0%0.0x
2021-1081.3x₹1406 cr19.3%33.0%0.0x
2021-0984.4x₹1406 cr19.3%33.0%0.0x
2021-0885.5x₹1406 cr19.3%33.0%0.0x
2021-0789.4x₹1406 cr19.3%33.0%0.0x
2021-0674.6x₹1406 cr19.3%33.0%0.0x
2021-05144.2x₹956 cr20.4%29.0%0.2x
2021-04140.7x₹956 cr20.4%29.0%0.2x
2021-03121.0x₹956 cr20.4%29.0%0.2x
2021-02142.2x₹956 cr20.4%29.0%0.2x
2021-0197.4x₹956 cr20.4%29.0%0.2x
2020-1294.3x₹956 cr20.4%29.0%0.2x
2020-1190.5x₹956 cr20.4%29.0%0.2x
2020-1085.6x₹956 cr20.4%29.0%0.2x
2020-0969.2x₹956 cr20.4%29.0%0.2x

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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