अApnaFunda

SAMAY PROJECT SERVICES LIMITED (SAMAY)

Industrial Services · Engineering & Construction · 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.90 / 100
Profitability 81Balance sheet 100

Passes these screensQuality CompounderDebt-light & profitable

Share price

Closing priceAdjusted for splits and bonus issues.

₹45.25 latest close · +3.5% over the last 90 sessions

₹30₹40₹50Mar 6Apr 20Jun 16Jul 21Sep 8Nov 6 ₹30₹40₹50Mar 6Jul 1Nov 6

₹45.25 month-end · +0.1% over 12 months

₹30₹40₹50Nov '25Jan '26Apr '26Jun '26Sep '26Nov '26 ₹30₹40₹50Nov '25May '26Nov '26

₹45.25 month-end · +28.4% since Jun '25

₹30₹40₹50Jun '25Sep '25Jan '26Apr '26Aug '26Nov '26 ₹30₹40₹50Jun '25Mar '26Nov '26

52-week range ₹28.50 to ₹52.50 · 1-year volatility 55.7%

Was the rally earned?

+0%share price, 1 yearRoughly flat
  • The share price was roughly flat over 1 year (+0%).
  • The share count rose 39%.
Net profit growth: +47 pts. Points of the price return explained by net profit growing (or shrinking).+47 ptsNet profit growthP/E change: −14 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−14 ptsP/E changeShare count change: −33 pts. Points of the price return explained by the share count changing. More shares count against the price.−33 ptsShare count changeShare price: 0%0%Share priceNet profit growth: +47 pts. Points of the price return explained by net profit growing (or shrinking).+47ProfitP/E change: −14 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−14P/EShare count change: −33 pts. Points of the price return explained by the share count changing. More shares count against the price.−33SharesShare price: 0%0%Share price
Net profit growth+47 ptsNet profit growth over the period.
P/E change-14 ptsThe P/E fell from 11.8x to 10.3x, which lowers the price.
Share count change-33 ptsShare count rose 39%, 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.

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.

Compare this with LARSEN AND TOUBRO

How rough has the ride been?

Maximum drawdown-43.5%recovered 2026-07
1-year volatility55.7%annualised

Drawdown from peak

0%−20%−40%2026−42.0% 0%−20%−40%2026−42.0%
Largest drawdowns

-43.5% (2025-10 peak to 2026-03 low, recovered 2026-07)

-24.8% (2026-07 peak to 2026-08 low, not yet recovered)

Where does it rank among Industrial Services peers?

Each cell is the company's percentile rank among its Industrial Services 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

  • ROCE81st
  • Revenue growth74th
  • EPS growth60th
  • Debt/equity ↓83rd▲ 3 pts vs a year ago
  • Cash cycle ↓41st▲ 6 pts vs a year ago
  • P/E ↓67th▼ 7 pts vs a year ago
  • 12M momentum75th

Rank history

ROCE
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 Industrial Services sector page Watch it move against Industrial Services in the Observatory

What is the price implying?

~8%annual earnings growth implied by the price

At a P/E of 10.3x, the price would imply about 7.8%/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 Industrial Services The market-wide Expectations lists

Key figures

Share Priceclose 6 Nov
₹45.25
P/E
10.3x
ROCE
27.2%
Market Cap
₹69 cr
Revenue (TTM)
₹50 cr
P/S
1.4x
P/B
1.7x
ROE
17.0%
Debt / Equity
0.1x
Promoter Holding
69.2%
12M Momentum
0.1%

52-week range

₹28.50₹52.50
70% of the way from its 52-week low to its high

Price risk

1Y volatility
55.7%
Beta vs sector
1-year daily
0.42

Balance sheet & cash

Debt service
no meaningful debt
Share count, 1Y
+39.2%

Are profits backed by cash?

0 of 1checks within range1 near a threshold
Other income reliance26%Near threshold

Other income as a share of pre-tax profit (trailing twelve months): 25.9%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate—Not enough data

Not enough reported data to compute this.

Cash conversion—Not enough data

Not enough reported data to compute this.

Free cash flow—Not enough data

Not enough reported data to compute this.

Receivable days vs history—Not enough data

Not enough reported data to compute this.

Capital work in progress—Not enough data

Not enough reported data to compute this.

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 →

What happened next to similar setups

+28.1%typical 12-month return vs the marketAbove the base rate
  • We found 50 past situations where a non-financial company looked like SAMAY PROJECT SERVICES LIMITED today on valuation, return on capital, debt, growth, price momentum and size.
  • Over the following 12 months the middle half of them returned −30% to +56% vs the market, against −3% for all non-financial companies in the same months.
  • The analogs' median sat above that base rate (gap +31.5%, 80% range +16.3% to +40.3%), but the matches cluster in only 6 distinct 12-month windows.

Where the 50 outcomes landed

−100%−50%0%+50%+100%
DEVIT · Mar 2025: −46.4% vs market
HGM · Sep 2025: −43.6% vs market
ALUWIND · Jun 2025: −42.9% vs market
PARTYCRUS · Nov 2024: −41.8% vs market
KRITINUT · Jan 2025: −41.2% vs market
NILAINFRA · Jun 2025: −41.0% vs market
INTENTECH · Jul 2021: −39.8% vs market
AKSHARCHEM · Aug 2021: −38.3% vs market
SHRITECH · Jan 2025: −34.3% vs market
APOLSINHOT · May 2021: −34.1% vs market
STEELCITY · Jul 2025: −33.1% vs market
EFACTOR · Sep 2025: −30.6% vs market
KITEX · Jul 2022: −30.1% vs market
MYMUDRA · Sep 2025: −28.1% vs market
ORBTEXP · Jul 2023: −27.5% vs market
AAKASH · Aug 2025: −22.1% vs market
ANLON · Feb 2024: −9.6% vs market
CMNL · Jan 2024: +3.7% vs market
DLINKINDIA · May 2024: +9.8% vs market
ICEMAKE · Feb 2020: +12.8% vs market
PREMIERPOL · Aug 2024: +15.5% vs market
CLSEL · Jan 2024: +16.9% vs market
ALLDIGI · May 2021: +18.2% vs market
DBSTOCKBRO · Feb 2023: +24.5% vs market
HINDCON · May 2022: +25.9% vs market
DPWIRES · Apr 2020: +30.4% vs market
PPL · Oct 2020: +31.7% vs market
LINCOLN · Jun 2020: +34.3% vs market
KRISHANA · Jun 2020: +40.1% vs market
SRHHYPOLTD · Jun 2022: +40.4% vs market
MADHAV · Mar 2020: +41.3% vs market
ACCENTMIC · Feb 2025: +44.1% vs market
THEMISMED · Oct 2022: +44.2% vs market
RADHIKAJWE · Jul 2024: +46.8% vs market
VINSYS · Jul 2025: +48.0% vs market
KOTHARIPET · Jun 2020: +48.2% vs market
INDRAMEDCO · Feb 2023: +52.3% vs market
TRANSTEEL · Dec 2024: +57.5% vs market
MOLDTECH · May 2021: +58.9% vs market
ASAHISONG · Apr 2020: +90.8% vs market
SHYAMCENT · Jun 2021: +98.4% vs market
CYBERTECH · Aug 2020: +106.4% vs market
SAKAR · Jul 2020: +107.0% vs market
SAKSOFT · Aug 2020: +109.7% vs market
MONTECARLO · Aug 2021: +120.2% vs market
CHEMFAB · Jan 2024: +127.2% vs market
BETA · Aug 2020: +160.5% vs market
AURIONPRO · Aug 2022: +175.0% vs market
THEJO · Jul 2020: +210.3% vs market
UNIHEALTH · Oct 2025: +246.1% vs market
Similar setups +28.1%All companies −3.4%← 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 · 9 beyond the range shown, drawn at the edge

Similar setups' median
+28.1%
All companies' median
−3.4%
Beat the market
66% vs 46%

50 past situations · 50 companies · 33 months · 2020–2025

The closest matches

CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
MYMUDRA
Finance
Sep 2025 12x31% −11%−19% −28%
PPL
Producer Manufacturing
Oct 2020 6x29% +4%−10% +32%
PARTYCRUS
Consumer Services
Nov 2024 25x29% +55%−17% −42%
VINSYS
Commercial Services
Jul 2025 17x29% −6%−19% +48%
SHRITECH
Process Industries
Jan 2025 15x24% −12%−15% −34%
Show the other 3 matches
CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
CYBERTECH
Technology Services
Aug 2020 9x18% +6%−16% +106%
BETA
Health Technology
Aug 2020 9x21% +10%−13% +161%
MOLDTECH
Technology Services
May 2021 15x27% +82%−3% +59%
How reliable is this?

Matched on P/E, P/S, ROCE, debt/equity, revenue growth, 12-month momentum, drawdown from 12-month high and size. Closest on: P/S, ROCE and 12-month momentum. Not used (unavailable for this company): operating margin, interest cover and volatility. 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 SAMAY PROJECT SERVICES 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 changed?

5 events since Dec '25

  1. JulPriceRegained the 2025-10 peak, 4 months after the low.
  2. JunResultsRevenue (TTM) reached a new high of ₹50 cr.
  3. JunSharesShare count is up 39.2% over 12 months.
  4. MarPriceFell 44% from the Oct 2025 peak to the Mar 2026 low.
  5. DecInstitutionsFII + DII holding fell 6.1 pts over 1 quarter to 6.9%.

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 history18 months · 2025-06 to 2026-11
MonthP/ERevenue (TTM)ROEROCEDebt / Equity
2026-1110.3x₹50 cr17.0%27.2%0.1x
2026-1010.5x₹50 cr17.0%27.2%0.1x
2026-0910.8x₹50 cr17.0%27.2%0.1x
2026-0810.4x₹50 cr17.0%27.2%0.1x
2026-079.4x₹50 cr17.0%27.2%0.1x
2026-0610.4x₹50 cr17.0%27.2%0.1x
2026-0511.3x₹37 cr20.4%—0.1x
2026-0410.8x₹37 cr20.4%—0.1x
2026-037.4x₹37 cr20.4%—0.1x
2026-0212.0x₹37 cr20.4%—0.1x
2026-0112.9x₹37 cr20.4%—0.1x
2025-1211.2x₹37 cr20.4%—0.1x
2025-1111.8x₹37 cr20.4%—0.1x
2025-1012.4x₹37 cr20.4%—0.1x
2025-099.0x₹37 cr20.4%—0.1x
2025-088.3x₹37 cr20.4%—0.1x
2025-079.1x₹37 cr20.4%—0.1x
2025-069.2x₹37 cr20.4%—0.1x

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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