SCHNEIDER ELECTRIC INFRA LTD (SCHNEIDER): Financials & Fundamentals History

Share price

Closing priceAdjusted for splits and bonus issues.

3M1Y3YAll

₹1,064.5 latest close · −28.2% over the last 90 sessions

₹1,064.5 month-end · +48.6% over 12 months

₹1,064.5 month-end · +220.2% over 3 years

₹1,064.5 month-end · +1055.8% since Jan '19

52-week range ₹571.85 to ₹1548.00 · 1-year volatility 50.0%

Was the rally earned?

1 year3 years

+49%share price, 1 yearMultiple-driven

Partly.

Most of the rise came from investors paying a higher multiple (P/E 65.8x to 138.4x); per-share earnings took off 43 points.
The share count barely moved.

Net profit growth-43 ptsNet profit fell about 30%, which lowers the price.

P/E change+91 ptsThe P/E rose from 65.8x to 138.4x, which lifts the price.

Share count change0 ptsShare count was little changed. More shares would count against the price.

+220%share price, 3 yearsEarnings and multiple

Both mattered.

Per-share earnings added 75 points and the multiple added 145 points (P/E 64.3x to 138.4x).
The share count barely moved.

Net profit growth+75 ptsNet profit rose about 48%, which lifts the price.

P/E change+145 ptsThe P/E rose from 64.3x to 138.4x, which lifts the price.

Share count change+1 ptsShare count was little changed. More shares would count against 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 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 ADANI ENTERPRISES

How rough has the ride been?

Maximum drawdown-46.0%recovered 2021-02

1-year volatility50.0%annualised

Beta vs sector index0.423-year daily, correlation 0.31

Volume spikes3last 90 sessions, 5x the 50-day median

Drawdown from peak

Largest drawdowns

-46.0% (2019-03 peak to 2020-03 low, recovered 2021-02)

-43.9% (2025-08 peak to 2026-01 low, recovered 2026-04)

-41.3% (2024-07 peak to 2025-05 low, recovered 2025-07)

Most recent volume spikes

2026-11-06: 5.1x the 50-day median, price -6.4% that day

2026-10-01: 5.6x the 50-day median, price +6.0% that day

2026-08-17: 6.2x the 50-day median, price -11.5% 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?

138.4xP/E todayWithin its usual range

Against its own history74th percentile

CheapestMedian 102.8xDearest

Usual range 64.8x to 152.9x since 2019-01.

Against Distribution Services138.4x vs 16.7x

This company

138.4x

Sector median

16.7x

727% above the Distribution Services median.

P/EP/BP/S

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

The chart loads when you open this tab.

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

The chart loads when you open this tab.

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

Where does it rank among Distribution Services peers?

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

ROCE97th▼ 3 pts vs a year ago
Op. margin44th▼ 27 pts vs a year ago
Revenue growth47th▼ 15 pts vs a year ago
EPS growth27th▼ 40 pts vs a year ago
Debt/equity ↓19th▲ 4 pts vs a year ago
Cash cycle ↓67thflat vs a year ago
P/E ↓6th▼ 11 pts vs a year ago
12M momentum88th▲ 19 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 Distribution Services sector page Watch it move against Distribution Services in the Observatory

What is the price implying?

~42%annual earnings growth implied by the price

At a P/E of 157.3x, the price would imply about 41.7%/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 Distribution Services The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov: ₹1064.50
P/E: 138.4x
ROCE: 30.0%
Market Cap: ₹25454 cr
Revenue (TTM): ₹2920 cr
P/S: 8.7x
P/B: 36.9x
ROE: 26.6%
Operating Margin: 5.0%
Debt / Equity: 0.9x
Promoter Holding: 75.0%
12M Momentum: 48.6%

52-week range

₹571.85₹1548.00

50% of the way from its 52-week low to its high

Price risk

1Y volatility

50.0%

Beta vs sector

1-year daily

0.39

Balance sheet & cash

Interest cover

operating profit ÷ interest

5.6x

Cash from profit, 3Y

operating cash flow ÷ net profit

1.10x

Share count, 1Y

unchanged

Are profits backed by cash?

7 of 7checks within rangeAll clear

Other income reliance2%Within range

Other income as a share of pre-tax profit (trailing twelve months): 2.4%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate26%Within range

Median quarterly effective tax rate over about 2.5 years: 26.0%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion1.10xWithin range

Operating cash flow divided by net profit over the last three fiscal years: 1.10x (cash from operations ₹721 cr, net profit ₹653 cr). Bands: 0.8x and above, 0.5x to 0.8x, below 0.5x.

Free cash flow5 of 5 yrsWithin range

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

Receivable days vs history-5 daysWithin range

Debtor days are below the median of the previous three fiscal years by 5 days (103 vs 108). Bands: under 15 days, 15 to 45, over 45.

Capital work in progress22% of fixed assetsWithin range

Capital work-in-progress is 22% 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, DIIs added 2.4 pts; FIIs added 1.6 pts.
The number of shareholders rose from 79,814 to 1.2 lakh (+47%) between Dec 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupDec '23Jun '26Change

Promoters75.0%75.0%0.0 pts

FIIs1.9%3.4%+1.6 pts

DIIs2.3%4.7%+2.4 pts

Public and others20.9%16.9%-4.0 pts

Number of shareholders

1.2 lakhshareholders+47% since Dec '23

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

−16.2%typical 12-month return vs the marketBelow the base rate

We found 50 past situations where a non-financial company looked like SCHNEIDER ELECTRIC INFRA 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 −31% to +25% vs the market, against −1% for all non-financial companies in the same months.
The analogs' median sat below that base rate (gap −15.7%, 80% range −21.6% to −10.6%), but the matches cluster in only 6 distinct 12-month windows.

Where the 50 outcomes landed

Each dot is one past situation (hover or tap for details) · Solid dots are the closest matches, listed below · Shaded is the middle half of all companies in the same months · 3 beyond the range shown, drawn at the edge

Similar setups' median

−16.2%

All companies' median

−0.5%

Beat the market

38% vs 49%

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

The closest matches

Company	When	P/E	ROCE	12M mom.	Drawdown	Next 12 months
GVT&D Producer Manufacturing	Feb 2025	171x	—	+47%	−38%	+144%
FACT Process Industries	May 2024	117x	30%	+124%	−24%	+25%
HLEGLAS Producer Manufacturing	Mar 2022	136x	43%	+138%	−26%	−51%
ELGIEQUIP Producer Manufacturing	Sep 2022	75x	19%	+106%	−25%	+4%
HAPPSTMNDS Technology Services	Oct 2021	115x	35%	+276%	−17%	−27%

Show the other 3 matches

Company	When	P/E	ROCE	12M mom.	Drawdown	Next 12 months
ATGL Utilities	Feb 2020	64x	24%	+31%	−28%	+181%
VBL Consumer Non-Durables	Jan 2023	107x	17%	+90%	−19%	+61%
RAINBOW Health Services	Aug 2023	51x	24%	+74%	−9%	−19%

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, interest cover and drawdown from 12-month high. 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 SCHNEIDER ELECTRIC INFRA 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

Feature	Weight	Non-financial	Financial
P/E	1	yes	yes
P/S	1	yes	—
P/B	1	—	yes
ROCE	1	yes	—
operating margin	1	yes	—
ROE	1	—	yes
debt/equity	0.75	yes	—
interest cover	0.5	yes	—
revenue growth	0.75	yes	yes
12-month momentum	1	yes	yes
drawdown from 12-month high	0.75	yes	yes
size	0.75	yes	yes
volatility	0.5	yes	yes

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.

KSH INTERNATIONALKSHINTL

Producer Manufacturing

54%similar

operating marginrevenue

ALLIED BLENDERS AND DISTILABDL

Consumer Non-Durables

50%similar

promoter holdingmarket cap

PEARL GLOBAL INDUSTRIESPGIL

Consumer Non-Durables

50%similar

volatilityrevenue growth

RAM RATNA WIRESRAMRAT

Producer Manufacturing

50%similar

operating margindebt/equity

LUMAX INDUSTRIESLUMAXIND

Producer Manufacturing

49%similar

promoter holdingdebt/equity

OPTIEMUS INFRACOMOPTIEMUS

Distribution Services

47%similar

operating marginP/E

REDINGTONREDINGTON

Distribution Services

15%similar

market caprevenue growth

HMA AGRO INDUSTRIESHMAAGRO

Distribution Services

6%similar

promoter holdingdebt/equity

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

What changed?

30 events since Jun '24

2026
NovPriceFell 29% from the Jul 2026 peak to the Nov 2026 low.
OctPriceVolume reached 5.6x its 50-day median on 2026-10-01; price +6.0% that day.
SepPeer rankSlipped to the 3rd quartile of Distribution Services on operating margin (from the 2nd quartile).
AugPriceVolume reached 6.2x its 50-day median on 2026-08-17; price -11.5% that day.
JunResultsYear-on-year EPS growth turned negative.
JunValuationP/E crossed above the 90th percentile of its own history to date (153.0x).
JunPeer rankSlipped to the 2nd quartile of Distribution Services on operating margin (from the top quartile).
JunDebtDebt / equity fell below 1.0x (0.92x).

Show 22 earlier events

2026
JunPriceVolume reached 13.6x its 50-day median on 2026-06-04; price -1.1% that day.
AprPriceRegained the 2025-08 peak, 3 months after the low.
MarPeer rankSlipped to the 3rd quartile of Distribution Services on EPS growth (from the 2nd quartile).
MarDebtDebt / equity halved over 12 months to 1.27x.
JanPriceFell 44% from the Aug 2025 peak to the Jan 2026 low.
JanValuationP/E fell below the 10th percentile of its own history to date (64.1x).
JanPriceVolume reached 38.6x its 50-day median on 2026-01-22; price +7.5% that day.
2025
DecPeer rankMoved into the top quartile of Distribution Services on operating margin (from the 2nd quartile).
DecPriceVolume reached 11.0x its 50-day median on 2025-12-03; price +2.9% that day.
SepPeer rankSlipped to the 2nd quartile of Distribution Services on operating margin (from the top quartile).
AugDebtDebt / equity halved over 12 months to 1.27x.
JulPriceRegained the 2024-07 peak, 2 months after the low.
MayPriceFell 41% from the Jul 2024 peak to the May 2025 low.
MayPriceVolume reached 17.5x its 50-day median on 2025-05-28; price +11.6% that day.
AprValuationP/E fell below the 10th percentile of its own history to date (63.5x).
FebPriceVolume reached 15.1x its 50-day median on 2025-02-12; price +3.5% that day.
JanDebtDebt / equity halved over 12 months to 2.71x.
2024
DecPeer rankMoved into the top quartile of Distribution Services on EPS growth (from the 2nd quartile).
SepPriceVolume reached 22.6x its 50-day median on 2024-09-24; price +9.9% that day.
JunResultsRevenue (TTM) reached a new high of ₹2,207 cr.
JunPriceRegained the 2024-05 peak, 0 months after the low.
JunPriceFell 26% from the May 2024 peak to the Jun 2024 low.

Events are generated from the data by fixed rules.
The month shown is when the change became visible in the reported figures, assuming a 60-day lag after each quarter end; it is not an announcement date.

Where price and fundamentals disagree, market-wide Rewind the whole market to any month

Monthly history95 months · 2019-01 to 2026-11

Month	P/E	Revenue (TTM)	ROE	ROCE	Debt / Equity
2026-11	138.4x	₹2920 cr	26.6%	30.0%	0.9x
2026-10	141.9x	₹2920 cr	26.5%	30.0%	0.9x
2026-09	156.5x	₹2920 cr	26.5%	30.0%	0.9x
2026-08	137.1x	₹2891 cr	30.7%	30.0%	0.9x
2026-07	152.5x	₹2891 cr	30.7%	30.0%	0.9x
2026-06	153.0x	₹2891 cr	30.7%	30.0%	0.9x
2026-05	127.7x	₹2888 cr	51.3%	41.0%	1.3x
2026-04	121.3x	₹2888 cr	51.3%	41.0%	1.3x
2026-03	82.5x	₹2888 cr	51.3%	41.0%	1.3x
2026-02	83.9x	₹2716 cr	54.2%	41.0%	1.3x
2026-01	64.1x	₹2716 cr	54.2%	41.0%	1.3x
2025-12	66.9x	₹2716 cr	54.2%	41.0%	1.3x
2025-11	65.8x	₹2666 cr	54.6%	41.0%	1.3x
2025-10	76.8x	₹2666 cr	54.6%	41.0%	1.3x
2025-09	75.4x	₹2666 cr	54.6%	41.0%	1.3x
2025-08	76.5x	₹2637 cr	56.1%	41.0%	1.3x
2025-07	89.5x	₹2637 cr	56.1%	41.0%	1.3x
2025-06	74.3x	₹2637 cr	56.1%	41.0%	1.3x
2025-05	83.0x	₹2522 cr	101.9%	38.0%	2.7x
2025-04	63.5x	₹2522 cr	101.9%	38.0%	2.7x
2025-03	73.8x	₹2522 cr	101.9%	38.0%	2.7x
2025-02	74.3x	₹2409 cr	92.5%	38.0%	2.7x
2025-01	82.9x	₹2409 cr	92.5%	38.0%	2.7x
2024-12	93.0x	₹2409 cr	92.5%	38.0%	2.7x
2024-11	107.0x	₹2305 cr	87.3%	38.0%	2.7x
2024-10	100.5x	₹2305 cr	87.3%	38.0%	2.7x
2024-09	105.2x	₹2305 cr	87.3%	38.0%	2.7x
2024-08	115.4x	₹2207 cr	81.1%	38.0%	2.7x
2024-07	111.7x	₹2207 cr	81.1%	38.0%	2.7x
2024-06	120.3x	₹2207 cr	81.1%	38.0%	2.7x
2024-05	132.6x	₹1777 cr	185.1%	26.0%	9.2x
2024-04	156.2x	₹1777 cr	185.1%	26.0%	9.2x
2024-03	143.3x	₹1777 cr	185.1%	26.0%	9.2x
2024-02	123.2x	₹1777 cr	185.1%	26.0%	9.2x
2024-01	91.3x	₹1777 cr	185.1%	26.0%	9.2x
2023-12	79.1x	₹1777 cr	185.1%	26.0%	9.2x
2023-11	64.3x	₹1777 cr	185.1%	26.0%	9.2x
2023-10	62.0x	₹1777 cr	185.1%	26.0%	9.2x
2023-09	70.4x	₹1777 cr	185.1%	26.0%	9.2x
2023-08	68.9x	₹1777 cr	185.1%	26.0%	9.2x
2023-07	54.8x	₹1777 cr	185.1%	26.0%	9.2x
2023-06	50.4x	₹1777 cr	185.1%	26.0%	9.2x
2023-05	212.9x	₹1530 cr	—	14.0%	—
2023-04	152.6x	₹1530 cr	—	14.0%	—
2023-03	134.2x	₹1530 cr	—	14.0%	—
2023-02	139.6x	₹1530 cr	—	14.0%	—
2023-01	158.6x	₹1530 cr	—	14.0%	—
2022-12	142.2x	₹1530 cr	—	14.0%	—
2022-11	142.4x	₹1530 cr	—	14.0%	—
2022-10	150.3x	₹1530 cr	—	14.0%	—
2022-09	159.1x	₹1530 cr	—	14.0%	—
2022-08	117.9x	₹1530 cr	—	14.0%	—
2022-07	95.2x	₹1530 cr	—	14.0%	—
2022-06	85.4x	₹1530 cr	—	14.0%	—
2022-05	—	₹1297 cr	—	12.0%	—
2022-04	—	₹1297 cr	—	12.0%	—
2022-03	—	₹1297 cr	—	12.0%	—
2022-02	—	₹1297 cr	—	12.0%	—
2022-01	—	₹1297 cr	—	12.0%	—
2021-12	—	₹1297 cr	—	12.0%	—
2021-11	—	₹1297 cr	—	12.0%	—
2021-10	—	₹1297 cr	—	12.0%	—
2021-09	—	₹1297 cr	—	12.0%	—
2021-08	—	₹1297 cr	—	12.0%	—
2021-07	—	₹1297 cr	—	12.0%	—
2021-06	—	₹1297 cr	—	12.0%	—
2021-05	—	₹1384 cr	—	3.0%	—
2021-04	—	₹1384 cr	—	3.0%	—
2021-03	—	₹1384 cr	—	3.0%	—
2021-02	—	₹1384 cr	—	3.0%	—
2021-01	—	₹1384 cr	—	3.0%	—
2020-12	—	₹1384 cr	—	3.0%	—
2020-11	—	₹1384 cr	—	3.0%	—
2020-10	—	₹1384 cr	—	3.0%	—
2020-09	—	₹1384 cr	—	3.0%	—
2020-08	—	₹1384 cr	—	3.0%	—
2020-07	—	₹1384 cr	—	3.0%	—
2020-06	—	₹1384 cr	—	3.0%	—
2020-05	—	₹1390 cr	—	10.0%	—
2020-04	—	₹1390 cr	—	10.0%	—
2020-03	—	₹1390 cr	—	10.0%	—
2020-02	—	₹1390 cr	—	10.0%	—
2020-01	—	₹1390 cr	—	10.0%	—
2019-12	—	₹1390 cr	—	10.0%	—
2019-11	—	₹1390 cr	—	10.0%	—
2019-10	—	₹1390 cr	—	10.0%	—
2019-09	—	₹1390 cr	—	10.0%	—
2019-08	—	₹1390 cr	—	10.0%	—
2019-07	—	₹1390 cr	—	10.0%	—
2019-06	—	₹1390 cr	—	10.0%	—
2019-05	—	₹1314 cr	—	-4.0%	—
2019-04	—	₹1314 cr	—	-4.0%	—
2019-03	—	₹1314 cr	—	-4.0%	—
2019-02	—	₹1314 cr	—	-4.0%	—
2019-01	—	₹1314 cr	—	-4.0%	—

Methodology and data notes