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SAREGAMA INDIA LIMITED (SAREGAMA)

Consumer Services · Movies/Entertainment · 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.81 / 100
Profitability 82Growth 60Balance 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.57 / 100
Price 92Earnings 63FII/DII 16

Passes these screensHigh MomentumDebt-light & profitableInstitutions in, retail outNear 52-week high

Compare withPRIME FOCUSPVR INOXTIPS MUSIC

Share price

Closing priceAdjusted for splits and bonus issues.

₹647.8 latest close · +33.4% over the last 90 sessions

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

₹647.8 month-end · +63.0% over 12 months

₹300₹400₹500₹600Nov '25Jan '26Apr '26Jun '26Sep '26Nov '26 ₹300₹400₹500₹600Nov '25May '26Nov '26

₹647.8 month-end · +74.3% over 3 years

₹300₹400₹500₹600Nov '23Jun '24Jan '25Sep '25Apr '26Nov '26 ₹300₹400₹500₹600Nov '23May '25Nov '26

₹647.8 month-end · +1047.6% since Jan '19

₹0₹200₹400₹600Jan '19Aug '20Mar '22Sep '23Apr '25Nov '26 ₹0₹200₹400₹600Jan '19Dec '22Nov '26

52-week range ₹307.05 to ₹671.00 · 1-year volatility 44.7%

Was the rally earned?

+63%share price, 1 yearMultiple-driven

Partly.

  • Most of the rise came from investors paying a higher multiple (P/E 37.6x to 56.3x); per-share earnings added 11 points.
  • The share count barely moved.
Net profit growth: +11 pts. Points of the price return explained by net profit growing (or shrinking).+11 ptsNet profit growthP/E change: +52 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+52 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: +63%+63%Share priceNet profit growth: +11 pts. Points of the price return explained by net profit growing (or shrinking).+11ProfitP/E change: +52 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+52P/EShare count change: 0 pts. Points of the price return explained by the share count changing. More shares count against the price.0SharesShare price: +63%+63%Share price
Net profit growth+11 ptsNet profit rose about 9%, which lifts the price.
P/E change+52 ptsThe P/E rose from 37.6x to 56.3x, which lifts the price.
Share count change0 ptsShare count was little changed. More shares would count against the price.
+74%share price, 3 yearsMultiple-driven

Partly.

  • Most of the rise came from investors paying a higher multiple (P/E 38.7x to 56.3x); per-share earnings added 24 points.
  • The share count barely moved.
Net profit growth: +24 pts. Points of the price return explained by net profit growing (or shrinking).+24 ptsNet profit growthP/E change: +50 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+50 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: +74%+74%Share priceNet profit growth: +24 pts. Points of the price return explained by net profit growing (or shrinking).+24ProfitP/E change: +50 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+50P/EShare count change: 0 pts. Points of the price return explained by the share count changing. More shares count against the price.0SharesShare price: +74%+74%Share price
Net profit growth+24 ptsNet profit rose about 20%, which lifts the price.
P/E change+50 ptsThe P/E rose from 38.7x to 56.3x, which lifts the price.
Share count change0 ptsShare count was little changed. More shares would count against the price.
+62%share price, 5 yearsLower P/E held it back

Mostly yes, with a catch.

  • Per-share earnings added 74 points, but investors now pay less per rupee of profit (P/E 61.8x to 56.3x), which took 12 points back.
  • The share count rose 10%.
Net profit growth: +87 pts. Points of the price return explained by net profit growing (or shrinking).+87 ptsNet profit growthP/E change: −12 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−12 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: +62%+62%Share priceNet profit growth: +87 pts. Points of the price return explained by net profit growing (or shrinking).+87ProfitP/E change: −12 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−12P/EShare count change: −13 pts. Points of the price return explained by the share count changing. More shares count against the price.−13SharesShare price: +62%+62%Share price
Net profit growth+87 ptsNet profit rose about 96%, which lifts the price.
P/E change-12 ptsThe P/E fell from 61.8x to 56.3x, which lowers the price.
Share count change-13 ptsShare count rose 10%, 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 PRIME FOCUS

How rough has the ride been?

Maximum drawdown-69.6%recovered 2020-10
1-year volatility44.7%annualised
Beta vs sector index0.703-year daily, correlation 0.33
Volume spikes3last 90 sessions, 5x the 50-day median

Drawdown from peak

0%−20%−40%−60%2020202120222023202420252026−68.0% 0%−20%−40%−60%2020202220242026−68.0%
Largest drawdowns

-69.6% (2019-01 peak to 2020-03 low, recovered 2020-10)

-53.9% (2024-10 peak to 2026-04 low, not yet recovered)

-43.3% (2022-01 peak to 2023-05 low, recovered 2024-05)

Most recent volume spikes

2026-11-05: 34x the 50-day median, price -0.7% that day

2026-11-04: 59.2x the 50-day median, price +13.3% that day

2026-08-04: 9.5x the 50-day median, price +5.5% 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?

56.3xP/E todayNear its historic high
Against its own history87th percentile
CheapestMedian 42.6xDearest

Usual range 14.1x to 59.0x since 2019-01.

Against Consumer Services56.3x vs 22.4x
This company
56.3x
Sector median
22.4x

151% above the Consumer Services median.

5.9x35.9x65.9x95.8xJan '19Aug '20Mar '22Oct '23May '25Nov '265.9x35.9x65.9x95.8xJan '19Sep '21May '24Nov '26
P/E (this company)10th to 90th percentile of its own historyIts medianConsumer Services median

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

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

Where does it rank among Consumer Services peers?

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

  • ROCE77th▲ 5 pts vs a year ago
  • Op. margin87th▲ 15 pts vs a year ago
  • Revenue growth15th▼ 72 pts vs a year ago
  • EPS growth64th▲ 5 pts vs a year ago
  • Debt/equity ↓75th▼ 20 pts vs a year ago
  • Cash cycle ↓17th▼ 6 pts vs a year ago
  • P/E ↓18th▼ 21 pts vs a year ago
  • 12M momentum99th▲ 51 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 Services sector page Watch it move against Consumer Services in the Observatory

What is the price implying?

~28%annual earnings growth implied by the priceIn line with delivered growth

At normalised P/E (five-year average earnings) of 65.7x, a holder earning 12%/yr needs earnings to grow about 28.0%/yr for 10 years, then trade at 15x.

Delivered29.1%/yrEPS, last 10 fiscal years · 3-yr avg to 3-yr avg
Gap−1.1 ptsimplied minus delivered
Rank552ndmost demanding of 856

Over time

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

0%39%79% Jan 2019Nov 2026 0%39%79% Jan 2019Nov 2026

Change the assumptions

Exit P/E / return11%12%13%
12x29.4%30.6%31.8%
15x26.9%28.0%29.1%
20x23.5%24.7%25.8%

Drag a slider to test other assumptions

Implied: 28.0%/yr

Looking back

  • Jan 2020Price implied 19%/yr; EPS has since grown 19%/yr (7.0 yrs)
  • Jan 2021Price implied 26%/yr; EPS has since grown 27%/yr (6.0 yrs)
  • Jan 2022Price implied 41%/yr; EPS has since grown 10%/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 Services The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov
₹647.80
P/E
56.3x
ROCE
17.0%
Market Cap
₹12482 cr
Revenue (TTM)
₹1041 cr
P/S
12.0x
P/B
7.4x
ROE
13.1%
Operating Margin
35.0%
Debt / Equity
0.0x
Promoter Holding
60.8%
12M Momentum
63.0%

52-week range

₹307.05₹671.00
94% of the way from its 52-week low to its high

Price risk

1Y volatility
44.7%
Beta vs sector
1-year daily
0.87

Balance sheet & cash

Interest cover
operating profit ÷ interest
51.5x
Cash from profit, 3Y
operating cash flow ÷ net profit
0.86x
Share count, 1Y
unchanged

Are profits backed by cash?

5 of 7checks within range2 near a threshold
Other income reliance8%Within range

Other income as a share of pre-tax profit (trailing twelve months): 7.6%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate27%Within range

Median quarterly effective tax rate over about 2.5 years: 27.0%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion0.86xWithin range

Operating cash flow divided by net profit over the last three fiscal years: 0.86x (cash from operations ₹524 cr, net profit ₹608 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-6 daysWithin range

Debtor days are below the median of the previous three fiscal years by 6 days (66 vs 72). 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+34 days / 2 yrsNear threshold

Days payable changed by +34 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, DIIs added 6.2 pts; FIIs trimmed 5.6 pts; promoters added 1.8 pts.

Holdings, Jun '26

How each group changed

GroupSep '23Jun '26Change
Promoters59.1%60.8%+1.8 pts
FIIs17.1%11.5%-5.6 pts
DIIs2.4%8.6%+6.2 pts
Public and others21.1%18.6%-2.5 pts

Number of shareholders

71,163shareholders-2% since Sep '23
63k68k72k77k Sep '23Jun '24Mar '25Dec '25Jun '26
Sep '23: 72,903
Dec '23: 77,338
Mar '24: 72,433
Jun '24: 62,698
Sep '24: 65,629
Dec '24: 73,232
Mar '25: 72,846
Jun '25: 70,281
Sep '25: 71,427
Dec '25: 72,872
Mar '26: 68,640
Jun '26: 71,163
 63k68k72k77k Sep '23Sep '24Sep '25Jun '26
Sep '23: 72,903
Dec '23: 77,338
Mar '24: 72,433
Jun '24: 62,698
Sep '24: 65,629
Dec '24: 73,232
Mar '25: 72,846
Jun '25: 70,281
Sep '25: 71,427
Dec '25: 72,872
Mar '26: 68,640
Jun '26: 71,163

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

−5.5%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 SAREGAMA INDIA 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 −29% to +21% vs the market, against 0% for all non-financial companies in the same months.
  • The gap against the base rate (−5.4%, 80% range −13.8% to +5.8%) is within what chance and overlapping periods produce.

Where the 50 outcomes landed

−100%−50%0%+50%+100%
BLISSGVS · Sep 2020: −60.6% vs market
SEAMECLTD · Mar 2022: −53.2% vs market
ANUP · Mar 2025: −52.6% vs market
COHANCE · Oct 2024: −44.1% vs market
NATCOPHARM · Sep 2020: −42.6% vs market
SHILPAMED · Feb 2020: −40.8% vs market
INTELLECT · May 2025: −40.2% vs market
SUMICHEM · Mar 2025: −33.0% vs market
CENTURYPLY · Mar 2022: −31.5% vs market
ESCORTS · Sep 2020: −31.4% vs market
MIDHANI · Aug 2023: −31.4% vs market
ACI · Sep 2025: −29.9% vs market
INDIAMART · Mar 2023: −29.1% vs market
TECHNOE · Mar 2020: −28.3% vs market
LAOPALA · Feb 2020: −25.8% vs market
EMAMILTD · Jan 2021: −24.2% vs market
HINDCOPPER · Dec 2023: −22.9% vs market
CERA · Feb 2023: −22.1% vs market
HBLENGINE · Oct 2025: −15.9% vs market
RADICO · Feb 2023: −9.5% vs market
AIAENG · Mar 2023: −9.2% vs market
SUNDRMFAST · Mar 2021: −9.0% vs market
PGHL · Apr 2020: −7.5% vs market
AJANTPHARM · Feb 2020: −7.3% vs market
DHANUKA · May 2020: −6.5% vs market
GARFIBRES · Sep 2020: −4.4% vs market
KIRLPNU · May 2024: −2.6% vs market
CUMMINSIND · Mar 2021: −1.3% vs market
BASF · Mar 2020: +2.3% vs market
FDC · Jan 2020: +4.4% vs market
KPITTECH · Mar 2023: +8.1% vs market
ASTRAZEN · Mar 2023: +10.2% vs market
TIINDIA · Mar 2021: +10.2% vs market
VIJAYA · May 2024: +11.8% vs market
CARBORUNIV · Apr 2021: +13.2% vs market
BALKRISIND · Jul 2020: +14.6% vs market
CARERATING · Mar 2023: +17.2% vs market
WENDT · May 2022: +22.4% vs market
GPPL · Mar 2023: +22.8% vs market
BDL · May 2024: +23.1% vs market
VIMTALABS · Nov 2024: +29.7% vs market
SJS · Oct 2025: +35.9% vs market
NAVINFLUOR · Apr 2020: +36.4% vs market
TRITURBINE · Oct 2021: +40.6% vs market
THYROCARE · May 2025: +41.6% vs market
SHANTIGEAR · May 2022: +56.1% vs market
KFINTECH · Apr 2024: +57.1% vs market
INGERRAND · Apr 2022: +64.7% vs market
LINDEINDIA · Mar 2021: +70.2% vs market
BLS · Apr 2022: +101.1% vs market
Similar setups −5.5%All companies −0.1%← 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 · 1 beyond the range shown, drawn at the edge

Similar setups' median
−5.5%
All companies' median
−0.1%
Beat the market
44% vs 50%

50 past situations · 50 companies · 26 months · 2020–2025

The closest matches

CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
HINDCOPPER
Non-Energy Minerals		 Dec 2023 89x18% +150%0% −23%
BDL
Electronic Technology		 May 2024 162x16% +183%0% +23%
HBLENGINE
Producer Manufacturing		 Oct 2025 82x27% +79%−1% −16%
AJANTPHARM
Health Technology		 Feb 2020 31x24% +42%−5% −7%
COHANCE
Health Technology		 Oct 2024 131x19% +127%0% −44%
Show the other 3 matches
CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
ANUP
Producer Manufacturing		 Mar 2025 94x17% +120%−7% −53%
GPPL
Transportation		 Mar 2023 26x14% +52%0% +23%
FDC
Health Technology		 Jan 2020 24x17% +42%0% +4%
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: size, P/E and ROCE. 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 SAREGAMA INDIA 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.

ELECON ENGINEERING COLTDELECON
Producer Manufacturing
66%similar
promoter holdingmarket cap
CEINFO SYSTEMS LTD MAPMYINDIAMAPMYINDIA
Technology Services
63%similar
volatilityoperating margin
NEPHROCARE HEALTH SERV LNEPHROPLUS
Retail Trade
63%similar
revenuedebt/equity
POLY MEDICUREPOLYMED
Health Technology
63%similar
P/Epromoter holding
FOSECO INDIAFOSECOIND
Process Industries
61%similar
ROCEP/E
ORIENTAL HOTELSORIENTHOT
Consumer Services
58%similar
EPS growthvolatility
MPSMPSLTD
Consumer Services
44%similar
operating marginvolatility
TIPS MUSICTIPSMUSIC
Consumer Services
43%similar
market capoperating margin

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

What changed?

30 events since Jun '23

  1. NovPriceVolume reached 59.2x its 50-day median on 2026-11-04; price +13.3% that day.
  2. AugPriceVolume reached 9.5x its 50-day median on 2026-08-04; price +5.5% that day.
  3. JunResultsYear-on-year EPS growth turned positive.
  4. JunPeer rankMoved into the top quartile of Consumer Services on ROCE (from the 2nd quartile).
  5. MayPriceVolume reached 315.5x its 50-day median on 2026-05-15; price +8.1% that day.
  6. AprPriceFell 54% from the Oct 2024 peak to the Apr 2026 low.
  7. MarResultsYear-on-year EPS growth turned negative.
  8. MarPeer rankSlipped to the 3rd quartile of Consumer Services on EPS growth (from the 2nd quartile).
Show 22 earlier events
  1. JanPriceVolume reached 9.2x its 50-day median on 2026-01-07; price +6.8% that day.
  2. DecPeer rankMoved into the top quartile of Consumer Services on operating margin (from the 2nd quartile).
  3. NovPriceVolume reached 35.6x its 50-day median on 2025-11-27; price +5.1% that day.
  4. SepPeer rankSlipped to the 2nd quartile of Consumer Services on operating margin (from the top quartile).
  5. AugPeer rankSlipped to the 2nd quartile of Consumer Services on ROCE (from the top quartile).
  6. JulPriceVolume reached 34.0x its 50-day median on 2025-07-18; price +4.6% that day.
  7. JunPeer rankMoved into the top quartile of Consumer Services on operating margin (from the 2nd quartile).
  8. JunPriceVolume reached 21.0x its 50-day median on 2025-06-04; price +2.8% that day.
  9. MarPeer rankSlipped to the 2nd quartile of Consumer Services on operating margin (from the top quartile).
  10. JanPriceVolume reached 29.3x its 50-day median on 2025-01-03; price +15.2% that day.
  11. OctPriceVolume reached 34.6x its 50-day median on 2024-10-01; price +6.8% that day.
  12. SepValuationP/E crossed above the 90th percentile of its own history to date (63.8x).
  13. SepPeer rankMoved into the top quartile of Consumer Services on operating margin (from the 2nd quartile).
  14. SepPriceVolume reached 58.1x its 50-day median on 2024-09-30; price +11.6% that day.
  15. JunResultsRevenue (TTM) reached a new high of ₹802 cr.
  16. MayPriceRegained the 2022-01 peak, 12 months after the low.
  17. MayPriceVolume reached 20.9x its 50-day median on 2024-05-23; price +13.5% that day.
  18. FebPriceVolume reached 7.8x its 50-day median on 2024-02-16; price +4.1% that day.
  19. NovPriceVolume reached 9.7x its 50-day median on 2023-11-17; price +9.8% that day.
  20. JulPriceVolume reached 10.5x its 50-day median on 2023-07-18; price +5.3% that day.
  21. JunResultsRevenue (TTM) reached a new high of ₹737 cr.
  22. JunPriceVolume reached 22.9x its 50-day median on 2023-06-21; price +7.5% 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 history60 months · 2021-12 to 2026-11
MonthP/ERevenue (TTM)ROEROCEDebt / Equity
2026-1156.3x₹1041 cr13.1%17.0%0.0x
2026-1047.7x₹1041 cr13.1%17.0%0.0x
2026-0944.0x₹1041 cr13.1%17.0%0.0x
2026-0844.7x₹984 cr12.2%17.0%0.0x
2026-0748.7x₹984 cr12.2%17.0%0.0x
2026-0645.9x₹984 cr12.2%17.0%0.0x
2026-0542.6x₹938 cr12.1%17.0%0.0x
2026-0434.6x₹938 cr12.1%17.0%0.0x
2026-0332.1x₹938 cr12.1%17.0%0.0x
2026-0231.7x₹1161 cr12.8%17.0%0.0x
2026-0132.1x₹1161 cr12.8%17.0%0.0x
2025-1233.4x₹1161 cr12.8%17.0%0.0x
2025-1137.6x₹1173 cr12.9%17.0%0.0x
2025-1043.0x₹1173 cr12.9%17.0%0.0x
2025-0944.3x₹1173 cr12.9%17.0%0.0x
2025-0845.5x₹1171 cr12.9%17.0%0.0x
2025-0745.6x₹1171 cr12.9%17.0%0.0x
2025-0647.1x₹1171 cr12.9%17.0%0.0x
2025-0552.9x₹1193 cr13.5%18.0%0.0x
2025-0451.1x₹1193 cr13.5%18.0%0.0x
2025-0349.9x₹1193 cr13.5%18.0%0.0x
2025-0245.6x₹914 cr12.8%18.0%0.0x
2025-0148.9x₹914 cr12.8%18.0%0.0x
2024-1247.5x₹914 cr12.8%18.0%0.0x
2024-1151.4x₹844 cr13.0%18.0%0.0x
2024-1054.4x₹844 cr13.0%18.0%0.0x
2024-0963.8x₹844 cr13.0%18.0%0.0x
2024-0849.6x₹802 cr13.4%18.0%0.0x
2024-0754.0x₹802 cr13.4%18.0%0.0x
2024-0654.2x₹802 cr13.4%18.0%0.0x
2024-0552.3x₹737 cr13.8%19.0%0.0x
2024-0444.8x₹737 cr13.8%19.0%0.0x
2024-0336.1x₹737 cr13.8%19.0%0.0x
2024-0241.9x₹737 cr13.8%19.0%0.0x
2024-0136.3x₹737 cr13.8%19.0%0.0x
2023-1238.6x₹737 cr13.8%19.0%0.0x
2023-1138.7x₹737 cr13.8%19.0%0.0x
2023-1033.5x₹737 cr13.8%19.0%0.0x
2023-0937.7x₹737 cr13.8%19.0%0.0x
2023-0841.3x₹737 cr13.8%19.0%0.0x
2023-0741.1x₹737 cr13.8%19.0%0.0x
2023-0639.8x₹737 cr13.8%19.0%0.0x
2023-0538.5x₹576 cr11.1%23.0%0.0x
2023-0439.1x₹576 cr11.1%23.0%0.0x
2023-0339.2x₹576 cr11.1%23.0%0.0x
2023-0239.1x₹576 cr11.1%23.0%0.0x
2023-0140.2x₹576 cr11.1%23.0%0.0x
2022-1245.7x₹576 cr11.1%23.0%0.0x
2022-1145.2x₹576 cr11.1%23.0%0.0x
2022-1044.5x₹576 cr11.1%23.0%0.0x
2022-0942.7x₹576 cr11.1%23.0%0.0x
2022-0847.8x₹576 cr11.1%23.0%0.0x
2022-0749.5x₹576 cr11.1%23.0%0.0x
2022-0642.9x₹576 cr11.1%23.0%0.0x
2022-0562.6x₹442 cr22.4%34.0%0.0x
2022-0461.4x₹442 cr22.4%34.0%0.0x
2022-0369.9x₹442 cr22.4%34.0%0.0x
2022-0256.5x₹442 cr22.4%34.0%0.0x
2022-0167.9x₹442 cr22.4%34.0%0.0x
2021-1276.0x₹442 cr22.4%34.0%0.0x

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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