अApnaFunda
Menu

SALZER ELECTRONICS LTD (SALZERELEC)

Producer Manufacturing · Electrical Products · 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.31 / 100
Profitability 26Growth 51Balance sheet 16
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.56 / 100
Price 58Earnings 21FII/DII 90
Compare withBHARAT HEAVY ELECTRICALSABB INDIASIEMENS

Share price

Closing priceAdjusted for splits and bonus issues.

₹552.35 latest close · −12.8% over the last 90 sessions

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

₹552.35 month-end · −22.5% over 12 months

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

₹552.35 month-end · +44.7% over 3 years

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

₹552.35 month-end · +353.1% since Jan '19

₹0₹500₹1,000₹1,500Jan '19Aug '20Mar '22Sep '23Apr '25Nov '26 ₹0₹500₹1,000₹1,500Jan '19Dec '22Nov '26

52-week range ₹459.80 to ₹809.00 · 1-year volatility 44.2%

Was the rally earned?

-23%share price, 1 yearEarnings-driven

Mostly earnings.

  • Per-share earnings took off 41 points, while the multiple moved less (P/E 18.2x to 22.3x).
  • The share count fell 2%.
Net profit growth: −42 pts. Points of the price return explained by net profit growing (or shrinking).−42 ptsNet profit growthP/E change: +18 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+18 ptsP/E changeShare count change: +2 pts. Points of the price return explained by the share count changing. More shares count against the price.+2 ptsShare count changeShare price: −22%−22%Share priceNet profit growth: −42 pts. Points of the price return explained by net profit growing (or shrinking).−42ProfitP/E change: +18 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+18P/EShare count change: +2 pts. Points of the price return explained by the share count changing. More shares count against the price.+2SharesShare price: −22%−22%Share price
Net profit growth-42 ptsNet profit fell about 38%, which lowers the price.
P/E change+18 ptsThe P/E rose from 18.2x to 22.3x, which lifts the price.
Share count change+2 ptsShare count fell 2%, which lifts the price.
+45%share price, 3 yearsMultiple-driven

Partly.

  • Most of the rise came from investors paying a higher multiple (P/E 16.0x to 22.3x); per-share earnings added 4 points.
  • The share count rose 6%.
Net profit growth: +11 pts. Points of the price return explained by net profit growing (or shrinking).+11 ptsNet profit growthP/E change: +41 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+41 ptsP/E changeShare count change: −7 pts. Points of the price return explained by the share count changing. More shares count against the price.−7 ptsShare count changeShare price: +45%+45%Share priceNet profit growth: +11 pts. Points of the price return explained by net profit growing (or shrinking).+11ProfitP/E change: +41 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+41P/EShare count change: −7 pts. Points of the price return explained by the share count changing. More shares count against the price.−7SharesShare price: +45%+45%Share price
Net profit growth+11 ptsNet profit rose about 9%, which lifts the price.
P/E change+41 ptsThe P/E rose from 16.0x to 22.3x, which lifts the price.
Share count change-7 ptsShare count rose 6%, which lowers the price.
+178%share price, 5 yearsEarnings and multiple

Both mattered.

  • Per-share earnings added 114 points and the multiple added 64 points (P/E 15.5x to 22.3x).
  • The share count rose 8%.
Net profit growth: +128 pts. Points of the price return explained by net profit growing (or shrinking).+128 ptsNet profit growthP/E change: +64 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+64 ptsP/E changeShare count change: −14 pts. Points of the price return explained by the share count changing. More shares count against the price.−14 ptsShare count changeShare price: +178%+178%Share priceNet profit growth: +128 pts. Points of the price return explained by net profit growing (or shrinking).+128ProfitP/E change: +64 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+64P/EShare count change: −14 pts. Points of the price return explained by the share count changing. More shares count against the price.−14SharesShare price: +178%+178%Share price
Net profit growth+128 ptsNet profit rose about 108%, which lifts the price.
P/E change+64 ptsThe P/E rose from 15.5x to 22.3x, which lifts the price.
Share count change-14 ptsShare count rose 8%, 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 BHARAT HEAVY ELECTRICALS

How rough has the ride been?

Maximum drawdown-70.8%not yet recovered
1-year volatility44.2%annualised
Beta vs sector index1.173-year daily, correlation 0.45
Volume spikes4last 90 sessions, 5x the 50-day median

Drawdown from peak

0%−20%−40%−60%2020202120222023202420252026−70.8% 0%−20%−40%−60%2020202220242026−70.8%
Largest drawdowns

-70.8% (2024-12 peak to 2026-10 low, not yet recovered)

-59.3% (2019-01 peak to 2020-03 low, recovered 2020-12)

-40.5% (2022-01 peak to 2022-02 low, recovered 2022-09)

Most recent volume spikes

2026-11-09: 82x the 50-day median, price +15.5% that day

2026-11-05: 5.3x the 50-day median, price -0.5% that day

2026-09-16: 5.4x the 50-day median, price +5.0% 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).

Is it expensive against its own past and its peers?

22.3xP/E todayWithin its usual range
Against its own history77th percentile
CheapestMedian 17.7xDearest

Usual range 7.2x to 32.4x since 2019-01.

Against Producer Manufacturing22.3x vs 29.6x
This company
22.3x
Sector median
29.6x

24% below the Producer Manufacturing median.

4.9x18.0x31.0x44.0xJan '19Aug '20Mar '22Oct '23May '25Nov '264.9x18.0x31.0x44.0xJan '19Sep '21May '24Nov '26
P/E (this company)10th to 90th percentile of its own historyIts medianProducer Manufacturing median

The chart loads when you open this tab.

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

The chart loads when you open this tab.

P/S (this company)10th to 90th percentile of its own historyIts medianProducer Manufacturing 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 Producer Manufacturing is valued

Where does it rank among Producer Manufacturing peers?

Each cell is the company's percentile rank among its Producer Manufacturing 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

  • ROCE32nd▼ 5 pts vs a year ago
  • Op. margin21st▼ 15 pts vs a year ago
  • Revenue growth66th▼ 10 pts vs a year ago
  • EPS growth15th▼ 65 pts vs a year ago
  • Debt/equity ↓12th▼ 4 pts vs a year ago
  • Cash cycle ↓27th▲ 3 pts vs a year ago
  • P/E ↓64th▼ 17 pts vs a year ago
  • 12M momentum26th▲ 6 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 Producer Manufacturing sector page Watch it move against Producer Manufacturing in the Observatory

What is the price implying?

~16%annual earnings growth implied by the price

At a P/E of 23.1x, the price would imply about 16.4%/yr earnings growth for 10 years under the same assumptions, but it is not ranked.

Below the ₹1,000 cr market-cap floor used for the lists.

“Implied growth” is what the current price would require under our stated assumptions, not what we expect.

What prices imply across Producer Manufacturing The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov
₹552.35
P/E
22.3x
ROCE
11.0%
Market Cap
₹977 cr
Revenue (TTM)
₹1815 cr
P/S
0.5x
P/B
1.6x
ROE
7.4%
Operating Margin
6.3%
Debt / Equity
0.9x
Promoter Holding
37.5%
12M Momentum
-22.5%

52-week range

₹459.80₹809.00
27% of the way from its 52-week low to its high

Price risk

1Y volatility
44.2%
Beta vs sector
1-year daily
1.18

Balance sheet & cash

Interest cover
operating profit ÷ interest
2.3x
Cash from profit, 3Y
operating cash flow ÷ net profit
0.37x
low
Share count, 1Y
unchanged

Are profits backed by cash?

5 of 7checks within range2 beyond a threshold
Other income reliance2%Within range

Other income as a share of pre-tax profit (trailing twelve months): 1.8%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate27%Within range

Median quarterly effective tax rate over about 2.5 years: 26.8%. 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 ₹56 cr, net profit ₹153 cr). Bands: 0.8x and above, 0.5x to 0.8x, below 0.5x.

Free cash flow0 of 5 yrsBeyond threshold

Fiscal years with positive free cash flow in the last 5: 0. Bands: at least 80% of years, 40% to 80%, below 40%.

Receivable days vs history-12 daysWithin range

Debtor days are below the median of the previous three fiscal years by 12 days (92 vs 104). Bands: under 15 days, 15 to 45, over 45.

Capital work in progress2% of fixed assetsWithin range

Capital work-in-progress is 2% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.

Payable days+5 days / 2 yrsWithin range

Days payable changed by +5 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 2 years, FIIs added 0.8 pts.
  • The number of shareholders rose from 28,291 to 48,818 (+73%) between Dec 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupDec '23Jun '26Change
Promoters37.2%37.5%+0.3 pts
FIIs3.7%4.5%+0.8 pts
DIIs0.1%0.1%0.0 pts
Public and others59.0%57.9%-1.1 pts

Number of shareholders

48,818shareholders+73% since Dec '23
28k36k44k52k Dec '23Jun '24Dec '24Jun '25Dec '25Jun '26
Dec '23: 28,291
Mar '24: 35,035
Jun '24: 42,501
Sep '24: 42,578
Dec '24: 45,673
Mar '25: 49,630
Jun '25: 51,081
Sep '25: 51,669
Dec '25: 51,709
Mar '26: 48,817
Jun '26: 48,818
 28k36k44k52k Dec '23Dec '24Dec '25Jun '26
Dec '23: 28,291
Mar '24: 35,035
Jun '24: 42,501
Sep '24: 42,578
Dec '24: 45,673
Mar '25: 49,630
Jun '25: 51,081
Sep '25: 51,669
Dec '25: 51,709
Mar '26: 48,817
Jun '26: 48,818

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

−2.3%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 SALZER ELECTRONICS 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 −22% to +42% vs the market, against −4% for all non-financial companies in the same months.
  • The gap against the base rate (+1.6%, 80% range −3.5% to +6.7%) is within what chance and overlapping periods produce.

Where the 50 outcomes landed

−100%−50%0%+50%+100%
CONFIPET · Jan 2025: −55.4% vs market
DUCON · Nov 2024: −50.7% vs market
STLTECH · Aug 2023: −47.9% vs market
SARVESHWAR · Jun 2025: −46.6% vs market
RAYMOND · Feb 2020: −45.9% vs market
HITECH · Jan 2025: −45.8% vs market
NELCAST · Mar 2024: −37.7% vs market
SOMANYCERA · Mar 2024: −29.9% vs market
RML · Sep 2024: −23.0% vs market
EMIL · Oct 2024: −23.0% vs market
WHEELS · Aug 2023: −22.8% vs market
KANORICHEM · May 2022: −22.6% vs market
DYNAMATECH · Feb 2020: −22.4% vs market
RICOAUTO · Jan 2024: −21.4% vs market
JAYSREETEA · Aug 2021: −15.2% vs market
APOLSINHOT · Sep 2025: −14.1% vs market
KHADIM · Aug 2023: −13.8% vs market
TVSSRICHAK · Sep 2023: −9.0% vs market
RPPL · Dec 2023: −9.0% vs market
ESTER · Sep 2025: −7.2% vs market
NACLIND · Sep 2022: −5.4% vs market
MANOMAY · Mar 2024: −3.4% vs market
HARRMALAYA · Jul 2025: −3.3% vs market
JINDALPOLY · Aug 2025: −2.5% vs market
BASML · Mar 2020: −2.4% vs market
RITCO · Jul 2025: −2.2% vs market
CENTUM · Feb 2020: −1.6% vs market
GOKEX · Feb 2020: +2.2% vs market
SANDHAR · Nov 2024: +2.3% vs market
RCF · Nov 2020: +5.1% vs market
ALICON · Jul 2023: +6.2% vs market
PURVA · May 2021: +9.6% vs market
MUNJALAU · Oct 2025: +10.3% vs market
RANEHOLDIN · May 2024: +20.3% vs market
INDIANHUME · Oct 2022: +23.2% vs market
PGIL · Sep 2020: +30.4% vs market
TBZ · Sep 2020: +30.7% vs market
SANGAMIND · May 2020: +45.2% vs market
PARAGMILK · Oct 2024: +46.7% vs market
JKTYRE · Mar 2020: +49.3% vs market
JAYBARMARU · Aug 2022: +51.0% vs market
SKIPPER · Dec 2021: +54.7% vs market
DEEPAKFERT · Feb 2020: +58.2% vs market
MMP · Sep 2025: +68.9% vs market
GRAVITA · May 2020: +77.6% vs market
ELECTCAST · Apr 2020: +101.3% vs market
PATELENG · Oct 2022: +124.9% vs market
BLKASHYAP · Sep 2022: +127.4% vs market
NITINSPIN · Oct 2020: +178.2% vs market
BODALCHEM · Sep 2025: +219.5% vs market
Similar setups −2.3%All companies −3.9%← 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 · 5 beyond the range shown, drawn at the edge

Similar setups' median
−2.3%
All companies' median
−3.9%
Beat the market
46% vs 46%

50 past situations · 50 companies · 30 months · 2020–2025

The closest matches

CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
HITECH
Non-Energy Minerals		 Jan 2025 33x12% −11%−37% −46%
RML
Producer Manufacturing		 Sep 2024 36x12% +26%−19% −23%
GRAVITA
Non-Energy Minerals		 May 2020 15x13% −52%−53% +78%
SARVESHWAR
Process Industries		 Jun 2025 30x12% −16%−38% −47%
RICOAUTO
Producer Manufacturing		 Jan 2024 28x10% +14%−7% −21%
Show the other 3 matches
CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
RAYMOND
Process Industries		 Feb 2020 11x11% −34%−41% −46%
ELECTCAST
Non-Energy Minerals		 Apr 2020 11x9% −46%−48% +101%
MUNJALAU
Producer Manufacturing		 Oct 2025 23x9% −28%−31% +10%
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: ROCE, 12-month momentum and 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.

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 SALZER ELECTRONICS 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.

RITCO LOGISTICSRITCO
Transportation
63%similar
operating marginEPS growth
SHRIRAM PROPERTIESSHRIRAMPPS
Finance
63%similar
revenue growthmarket cap
GLOBUS SPIRITSGLOBUSSPR
Consumer Non-Durables
59%similar
ROCEP/E
HI-TECH PIPESHITECH
Non-Energy Minerals
59%similar
ROCEP/E
S H KELKAR AND COMPANYSHK
Process Industries
58%similar
debt/equityP/E
RANE HOLDINGSRANEHOLDIN
Producer Manufacturing
65%similar
revenue growthdebt/equity
ALICON CASTALLOYALICON
Producer Manufacturing
61%similar
ROCErevenue
GREENPLY INDUSTRIESGREENPLY
Producer Manufacturing
60%similar
EPS growthrevenue growth

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. NovPriceVolume reached 82.0x its 50-day median on 2026-11-09; price +15.5% that day.
  2. OctPriceFell 71% from the Dec 2024 peak to the Oct 2026 low.
  3. AugPriceVolume reached 6.9x its 50-day median on 2026-08-10; price -6.2% that day.
  4. JunPeer rankSlipped to the bottom quartile of Producer Manufacturing on operating margin (from the 3rd quartile).
  5. MayPriceVolume reached 6.4x its 50-day median on 2026-05-08; price +4.9% that day.
  6. MarPeer rankSlipped to the bottom quartile of Producer Manufacturing on EPS growth (from the 3rd quartile).
  7. FebPriceVolume reached 5.3x its 50-day median on 2026-02-03; price +9.2% that day.
  8. DecResultsYear-on-year EPS growth turned negative.
Show 22 earlier events
  1. DecPeer rankSlipped to the 3rd quartile of Producer Manufacturing on EPS growth (from the top quartile).
  2. OctPriceVolume reached 144.2x its 50-day median on 2025-10-08; price +20.0% that day.
  3. SepPeer rankMoved into the 3rd quartile of Producer Manufacturing on operating margin (from the bottom quartile).
  4. AugPriceVolume reached 16.8x its 50-day median on 2025-08-08; price +5.3% that day.
  5. JulSharesShare count is up 5.9% over 12 months.
  6. JunPeer rankSlipped to the bottom quartile of Producer Manufacturing on operating margin (from the 3rd quartile).
  7. MarPriceVolume reached 5.6x its 50-day median on 2025-03-24; price +14.0% that day.
  8. DecPeer rankMoved into the 2nd quartile of Producer Manufacturing on EPS growth (from the 3rd quartile).
  9. DecPriceVolume reached 14.2x its 50-day median on 2024-12-20; price +9.2% that day.
  10. AugPriceVolume reached 12.2x its 50-day median on 2024-08-13; price +8.4% that day.
  11. JunResultsRevenue (TTM) reached a new high of ₹1,166 cr.
  12. JunPeer rankSlipped to the 3rd quartile of Producer Manufacturing on EPS growth (from the top quartile).
  13. JunSharesShare count is up 6.2% over 12 months.
  14. JunPriceVolume reached 8.9x its 50-day median on 2024-06-07; price +7.3% that day.
  15. FebValuationP/E crossed above the 90th percentile of its own history to date (30.2x).
  16. FebPriceVolume reached 13.9x its 50-day median on 2024-02-26; price +15.5% that day.
  17. DecPriceVolume reached 10.0x its 50-day median on 2023-12-07; price +4.3% that day.
  18. AugPriceVolume reached 6.6x its 50-day median on 2023-08-17; price +3.1% that day.
  19. JunResultsRevenue (TTM) reached a new high of ₹1,037 cr.
  20. JunPeer rankMoved into the top quartile of Producer Manufacturing on EPS growth (from the 3rd quartile).
  21. MayPriceRegained the 2023-01 peak, 2 months after the low.
  22. MayPriceVolume reached 21.9x its 50-day median on 2023-05-25; price +11.0% 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
MonthP/ERevenue (TTM)ROEROCEDebt / Equity
2026-1122.3x₹1815 cr7.4%11.0%0.9x
2026-1018.9x₹1815 cr7.6%11.0%0.9x
2026-0921.7x₹1815 cr7.6%11.0%0.9x
2026-0818.2x₹1758 cr9.1%11.0%0.9x
2026-0719.4x₹1758 cr9.1%11.0%0.9x
2026-0621.3x₹1758 cr9.1%11.0%0.9x
2026-0520.7x₹1660 cr10.0%13.0%0.8x
2026-0421.9x₹1660 cr10.0%13.0%0.8x
2026-0316.4x₹1660 cr10.0%13.0%0.8x
2026-0221.0x₹1577 cr10.4%13.0%0.8x
2026-0118.1x₹1577 cr10.4%13.0%0.8x
2025-1221.9x₹1577 cr10.4%13.0%0.8x
2025-1118.2x₹1503 cr13.0%13.0%0.8x
2025-1021.7x₹1503 cr13.0%13.0%0.8x
2025-0919.2x₹1503 cr13.0%13.0%0.8x
2025-0821.3x₹1418 cr12.5%13.0%0.8x
2025-0722.0x₹1418 cr12.5%13.0%0.8x
2025-0624.6x₹1418 cr12.5%13.0%0.8x
2025-0523.7x₹1369 cr14.9%13.0%0.7x
2025-0424.2x₹1369 cr14.9%13.0%0.7x
2025-0327.5x₹1369 cr14.9%13.0%0.7x
2025-0223.7x₹1298 cr14.6%13.0%0.7x
2025-0132.0x₹1298 cr14.6%13.0%0.7x
2024-1235.8x₹1298 cr14.6%13.0%0.7x
2024-1138.5x₹1235 cr10.9%13.0%0.7x
2024-1036.8x₹1235 cr10.9%13.0%0.7x
2024-0931.7x₹1235 cr10.9%13.0%0.7x
2024-0840.3x₹1166 cr10.0%13.0%0.7x
2024-0734.8x₹1166 cr10.0%13.0%0.7x
2024-0633.4x₹1166 cr10.0%13.0%0.7x
2024-0529.3x₹1037 cr9.8%12.0%0.7x
2024-0434.7x₹1037 cr9.8%12.0%0.7x
2024-0335.1x₹1037 cr9.8%12.0%0.7x
2024-0230.2x₹1037 cr9.8%12.0%0.7x
2024-0117.3x₹1037 cr9.8%12.0%0.7x
2023-1216.9x₹1037 cr9.8%12.0%0.7x
2023-1116.0x₹1037 cr9.8%12.0%0.7x
2023-1016.7x₹1037 cr9.8%12.0%0.7x
2023-0915.5x₹1037 cr9.8%12.0%0.7x
2023-0816.9x₹1037 cr9.8%12.0%0.7x
2023-0714.2x₹1037 cr9.8%12.0%0.7x
2023-0614.8x₹1037 cr9.8%12.0%0.7x
2023-0524.0x₹803 cr6.8%9.0%0.7x
2023-0422.0x₹803 cr6.8%9.0%0.7x
2023-0318.0x₹803 cr6.8%9.0%0.7x
2023-0217.9x₹803 cr6.8%9.0%0.7x
2023-0121.1x₹803 cr6.8%9.0%0.7x
2022-1217.3x₹803 cr6.8%9.0%0.7x
2022-1117.3x₹803 cr6.8%9.0%0.7x
2022-1019.6x₹803 cr6.8%9.0%0.7x
2022-0917.5x₹803 cr6.8%9.0%0.7x
2022-0816.8x₹803 cr6.8%9.0%0.7x
2022-0712.7x₹803 cr6.8%9.0%0.7x
2022-0612.1x₹803 cr6.8%9.0%0.7x
2022-0513.7x₹626 cr6.3%10.0%0.6x
2022-0415.8x₹626 cr6.3%10.0%0.6x
2022-0314.4x₹626 cr6.3%10.0%0.6x
2022-0212.9x₹626 cr6.3%10.0%0.6x
2022-0116.8x₹626 cr6.3%10.0%0.6x
2021-1214.7x₹626 cr6.3%10.0%0.6x
2021-1115.5x₹626 cr6.3%10.0%0.6x
2021-1012.1x₹626 cr6.3%10.0%0.6x
2021-0912.6x₹626 cr6.3%10.0%0.6x
2021-0811.6x₹626 cr6.3%10.0%0.6x
2021-0713.5x₹626 cr6.3%10.0%0.6x
2021-0612.6x₹626 cr6.3%10.0%0.6x
2021-058.2x₹584 cr8.7%—0.6x
2021-047.1x₹584 cr8.7%—0.6x
2021-037.2x₹584 cr8.7%—0.6x
2021-027.0x₹584 cr8.7%—0.6x
2021-016.8x₹584 cr8.7%—0.6x
2020-127.5x₹584 cr8.7%—0.6x
2020-117.4x₹584 cr8.7%—0.6x
2020-106.1x₹584 cr8.7%—0.6x
2020-095.5x₹584 cr8.7%—0.6x
2020-085.9x₹584 cr8.7%—0.6x
2020-074.9x₹584 cr8.7%—0.6x
2020-065.1x₹584 cr8.7%—0.6x
2020-05—₹41 cr7.4%—0.7x
2020-04—₹41 cr7.4%—0.7x
2020-03—₹41 cr7.4%—0.7x
2020-02—₹41 cr7.4%—0.7x
2020-01—₹41 cr7.4%—0.7x
2019-12—₹41 cr7.4%—0.7x
2019-11—₹41 cr7.4%—0.7x
2019-10—₹41 cr7.4%—0.7x
2019-09—₹41 cr7.4%—0.7x
2019-08—₹41 cr7.4%—0.7x
2019-07—₹41 cr7.4%—0.7x
2019-06—₹41 cr7.4%—0.7x
2019-05—₹41 cr7.4%—0.7x
2019-04—₹41 cr7.4%—0.7x
2019-03—₹41 cr7.4%—0.7x
2019-02—₹41 cr7.4%—0.7x
2019-01—₹41 cr7.4%—0.7x

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.

Feedback