SEPC LIMITED (SEPC): Financials & Fundamentals History

Share price

Closing priceAdjusted for splits and bonus issues.

3M1Y3YAll

₹5.2 latest close · −22.3% over the last 90 sessions

₹5.2 month-end · −48.3% over 12 months

₹5.2 month-end · −70.1% over 3 years

₹5.2 month-end · −40.4% since Jan '19

52-week range ₹4.65 to ₹11.68 · 1-year volatility 58.0%

Was the rally earned?

-48%share price, 1 yearEarnings and multiple

Both mattered.

Per-share earnings took off 20 points and the multiple took off 29 points (P/E 59.1x to 40.0x).
The share count rose 3%.

Net profit growth-17 ptsNet profit fell about 21%, which lowers the price.

P/E change-29 ptsThe P/E fell from 59.1x to 40.0x, which lowers the price.

Share count change-2 ptsShare count rose 3%, 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-84.9%not yet recovered

1-year volatility58.0%annualised

Beta vs sector index1.203-year daily, correlation 0.48

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

Drawdown from peak

Largest drawdowns

-84.9% (2024-09 peak to 2026-03 low, not yet recovered)

-84.2% (2019-09 peak to 2020-03 low, recovered 2022-12)

-49.9% (2023-03 peak to 2023-06 low, recovered 2023-08)

Most recent volume spikes

2026-10-12: 7.5x the 50-day median, price +8.1% that day

2026-10-09: 8.6x the 50-day median, price +7.1% that day

2026-08-26: 5.5x the 50-day median, price +0.2% 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?

40.0xP/E todayWithin its usual range

Against its own history48th percentile

CheapestMedian 41.1xDearest

Usual range 17.5x to 177.5x since 2019-01.

Against Industrial Services40.0x vs 14.0x

This company

40.0x

Sector median

14.0x

185% above the Industrial Services median.

P/EP/BP/S

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

The chart loads when you open this tab.

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

The chart loads when you open this tab.

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

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

ROCE16th▲ 5 pts vs a year ago
Op. margin22nd▼ 31 pts vs a year ago
Revenue growth93rd▲ 53 pts vs a year ago
EPS growth25th▼ 50 pts vs a year ago
Debt/equity ↓75th▲ 13 pts vs a year ago
Cash cycle ↓24th▲ 5 pts vs a year ago
P/E ↓13th▲ 8 pts vs a year ago
12M momentum16th▲ 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 Industrial Services sector page Watch it move against Industrial Services in the Observatory

What is the price implying?

~24%annual earnings growth implied by the price

At a P/E of 40.0x, the price would imply about 23.5%/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 9 Nov: ₹5.20
P/E: 40.0x
ROCE: 6.0%
Market Cap: ₹996 cr
Revenue (TTM): ₹1126 cr
P/S: 0.9x
P/B: 0.5x
ROE: 1.3%
Operating Margin: 6.0%
Debt / Equity: 0.2x
Promoter Holding: 11.7%
12M Momentum: -48.3%

52-week range

₹4.65₹11.68

8% of the way from its 52-week low to its high

Price risk

1Y volatility

58.0%

Beta vs sector

1-year daily

1.59

Balance sheet & cash

Interest cover

operating profit ÷ interest

2.4x

Cash from profit, 3Y

operating cash flow ÷ net profit

-2.00x

low

Share count, 1Y

+24.2%

Are profits backed by cash?

3 of 6checks within range3 beyond a threshold

Other income reliance68%Beyond threshold

Other income as a share of pre-tax profit (trailing twelve months): 67.9%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate17%Within range

Median quarterly effective tax rate over about 2.5 years: 17.0%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion-5.07xBeyond threshold

Operating cash flow divided by net profit over the last three fiscal years: -5.07x (cash from operations ₹-517 cr, net profit ₹102 cr). Bands: 0.8x and above, 0.5x to 0.8x, below 0.5x.

Free cash flow1 of 5 yrsBeyond threshold

Fiscal years with positive free cash flow in the last 5: 1. Bands: at least 80% of years, 40% to 80%, below 40%.

Receivable days vs history-21 daysWithin range

Debtor days are below the median of the previous three fiscal years by 21 days (204 vs 225). 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—Not enough data

Not enough reported data to compute this.

Tap a check to see how it is measured

How to read this

Each check is a named rule with fixed thresholds, not a score. Annual statements are the latest restated figures, so a past year may differ from what was originally reported.

All terms explained in the glossary →

Who has been buying and selling?

Over 3 years, DIIs trimmed 23.6 pts; promoters trimmed 16.1 pts; FIIs added 0.7 pts.
The number of shareholders rose from 82,043 to 3.2 lakh (+293%) between Sep 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupSep '23Jun '26Change

Promoters27.8%11.7%-16.1 pts

FIIs0.3%1.0%+0.7 pts

DIIs37.5%13.9%-23.6 pts

Public and others34.4%73.4%+39.0 pts

Number of shareholders

3.2 lakhshareholders+293% since Sep '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

−6.8%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 SEPC 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 −26% to +31% vs the market, against −5% for all non-financial companies in the same months.
The gap against the base rate (−2.0%, 80% range −10.3% to +5.1%) is within what chance and overlapping periods produce.

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 · 1 beyond the range shown, drawn at the edge

Similar setups' median

−6.8%

All companies' median

−4.8%

Beat the market

44% vs 45%

50 past situations · 50 companies · 29 months · 2020–2025

The closest matches

Company	When	P/E	ROCE	12M mom.	Drawdown	Next 12 months
VIKASECO Process Industries	Oct 2023	34x	—	−13%	−27%	−25%
TEXRAIL Producer Manufacturing	May 2020	9x	9%	−70%	−70%	−16%
INCREDIBLE Non-Energy Minerals	Apr 2020	27x	9%	−66%	−82%	−32%
PRECAM Producer Manufacturing	May 2020	20x	8%	−62%	−64%	+26%
SHEMAROO Consumer Services	May 2024	41x	5%	+2%	−39%	−26%

Show the other 3 matches

Company	When	P/E	ROCE	12M mom.	Drawdown	Next 12 months
DIGISPICE Technology Services	May 2022	59x	3%	−36%	−63%	−41%
GSLSU Non-Energy Minerals	Feb 2025	78x	7%	−60%	−64%	−38%
HILTON Producer Manufacturing	Nov 2024	58x	10%	−42%	−48%	−52%

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 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 SEPC 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

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.

SASKEN TECHNOLOGIESSASKEN

Technology Services

63%similar

volatilityrevenue

PARAMOUNT COMMUNICATIONSPARACABLES

Producer Manufacturing

61%similar

revenue growthdebt/equity

SIGACHI INDUSTRIESSIGACHI

Health Technology

56%similar

ROCEP/E

APOLLO PIPESAPOLLOPIPE

Producer Manufacturing

53%similar

revenuerevenue growth

ONE MOBIKWIK SYSTEMSMOBIKWIK

Technology Services

53%similar

revenuepromoter holding

SPML INFRASPMLINFRA

Industrial Services

24%similar

ROCErevenue

VIKRAN ENGINEERINGVIKRAN

Industrial Services

20%similar

revenueoperating margin

PSP PROJECTSPSPPROJECT

Industrial Services

19%similar

operating marginP/E

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
OctPeer rankSlipped to the bottom quartile of Industrial Services on EPS growth (from the top quartile).
OctPriceVolume reached 8.6x its 50-day median on 2026-10-09; price +7.1% that day.
SepPromoterPromoter holding fell 7.0 pts to 11.7% (largest drop since 2026-06).
SepResultsYear-on-year EPS growth turned negative.
SepSharesShare count is up 24.2% over 12 months.
AugPriceVolume reached 5.5x its 50-day median on 2026-08-26; price +0.2% that day.
JunPromoterPromoter holding fell 7.9 pts to 18.7% (largest drop in the history since 2019-01).
JunPeer rankSlipped to the bottom quartile of Industrial Services on operating margin (from the 3rd quartile).

Show 22 earlier events

2026
MarPriceFell 85% from the Sep 2024 peak to the Mar 2026 low.
MarPeer rankMoved into the 3rd quartile of Industrial Services on operating margin (from the bottom quartile).
MarPriceVolume reached 6.9x its 50-day median on 2026-03-13; price -14.6% that day.
2025
DecPeer rankSlipped to the bottom quartile of Industrial Services on operating margin (from the 2nd quartile).
DecPriceVolume reached 26.5x its 50-day median on 2025-12-15; price +11.8% that day.
SepPromoterPromoter holding fell 6.0 pts to 27.4% (largest drop in the history since 2019-01).
SepInstitutionsFII + DII holding fell 3.4 pts over 1 quarter to 16.4%.
SepPeer rankMoved into the 2nd quartile of Industrial Services on EPS growth (from the 3rd quartile).
SepPriceVolume reached 15.2x its 50-day median on 2025-09-18; price +8.3% that day.
AugSharesShare count is up 10.9% over 12 months.
JunPeer rankMoved into the 2nd quartile of Industrial Services on operating margin (from the bottom quartile).
JunPriceVolume reached 9.4x its 50-day median on 2025-06-11; price +3.7% that day.
MarPriceVolume reached 11.4x its 50-day median on 2025-03-13; price +7.1% that day.
2024
DecPromoterPromoter holding fell 3.7 pts to 33.9%.
DecInstitutionsFII + DII holding fell 5.9 pts over 2 quarters to 19.8%.
DecPeer rankSlipped to the bottom quartile of Industrial Services on operating margin (from the 2nd quartile).
SepPromoterPromoter holding rose 10.7 pts to 37.6%.
SepPeer rankMoved into the 2nd quartile of Industrial Services on operating margin (from the bottom quartile).
AugPriceRegained the 2024-01 peak, 5 months after the low.
AugPriceVolume reached 19.0x its 50-day median on 2024-08-23; price +17.9% that day.
JulSharesShare count is up 6.7% over 12 months.
JunResultsEPS (TTM) turned positive.

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	40.0x	₹1126 cr	1.3%	6.0%	0.2x
2026-10	36.9x	₹1126 cr	1.3%	6.0%	0.2x
2026-09	38.6x	₹1126 cr	1.3%	6.0%	0.2x
2026-08	19.4x	₹1054 cr	2.7%	6.0%	0.2x
2026-07	21.1x	₹1054 cr	2.7%	6.0%	0.2x
2026-06	23.0x	₹1054 cr	2.7%	6.0%	0.2x
2026-05	29.9x	₹898 cr	3.2%	6.0%	0.2x
2026-04	31.2x	₹898 cr	3.2%	6.0%	0.2x
2026-03	18.7x	₹898 cr	3.2%	6.0%	0.2x
2026-02	37.4x	₹690 cr	2.5%	6.0%	0.2x
2026-01	41.2x	₹690 cr	2.5%	6.0%	0.2x
2025-12	50.6x	₹690 cr	2.5%	6.0%	0.2x
2025-11	59.1x	₹624 cr	2.1%	6.0%	0.2x
2025-10	66.1x	₹624 cr	2.1%	6.0%	0.2x
2025-09	70.4x	₹624 cr	2.1%	6.0%	0.2x
2025-08	93.7x	₹598 cr	1.5%	6.0%	0.2x
2025-07	97.7x	₹598 cr	1.5%	6.0%	0.2x
2025-06	110.3x	₹598 cr	1.5%	6.0%	0.2x
2025-05	149.7x	₹628 cr	1.7%	5.0%	0.4x
2025-04	132.4x	₹628 cr	1.7%	5.0%	0.4x
2025-03	132.6x	₹628 cr	1.7%	5.0%	0.4x
2025-02	114.1x	₹636 cr	1.8%	5.0%	0.4x
2025-01	152.5x	₹636 cr	1.8%	5.0%	0.4x
2024-12	182.0x	₹636 cr	1.8%	5.0%	0.4x
2024-11	178.9x	₹594 cr	2.1%	5.0%	0.4x
2024-10	189.8x	₹594 cr	2.1%	5.0%	0.4x
2024-09	208.2x	₹594 cr	2.1%	5.0%	0.4x
2024-08	202.5x	₹561 cr	1.9%	5.0%	0.4x
2024-07	165.0x	₹561 cr	1.9%	5.0%	0.4x
2024-06	148.0x	₹561 cr	1.9%	5.0%	0.4x
2024-05	—	₹379 cr	-0.4%	-3.0%	0.4x
2024-04	—	₹379 cr	-0.4%	-3.0%	0.4x
2024-03	—	₹379 cr	-0.4%	-3.0%	0.4x
2024-02	—	₹379 cr	-0.4%	-3.0%	0.4x
2024-01	—	₹379 cr	-0.4%	-3.0%	0.4x
2023-12	—	₹379 cr	-0.4%	-3.0%	0.4x
2023-11	—	₹379 cr	-0.4%	-3.0%	0.4x
2023-10	—	₹379 cr	-0.4%	-3.0%	0.4x
2023-09	—	₹379 cr	-0.4%	-3.0%	0.4x
2023-08	—	₹379 cr	-0.4%	-3.0%	0.4x
2023-07	—	₹379 cr	-0.4%	-3.0%	0.4x
2023-06	—	₹379 cr	-0.4%	-3.0%	0.4x
2023-05	—	₹329 cr	-34.2%	-2.0%	1.3x
2023-04	—	₹329 cr	-34.2%	-2.0%	1.3x
2023-03	—	₹329 cr	-34.2%	-2.0%	1.3x
2023-02	—	₹329 cr	-34.2%	-2.0%	1.3x
2023-01	—	₹329 cr	-34.2%	-2.0%	1.3x
2022-12	—	₹329 cr	-34.2%	-2.0%	1.3x
2022-11	—	₹329 cr	-34.2%	-2.0%	1.3x
2022-10	—	₹329 cr	-34.2%	-2.0%	1.3x
2022-09	—	₹329 cr	-34.2%	-2.0%	1.3x
2022-08	—	₹329 cr	-34.2%	-2.0%	1.3x
2022-07	—	₹329 cr	-34.2%	-2.0%	1.3x
2022-06	—	₹329 cr	-34.2%	-2.0%	1.3x
2022-05	—	₹583 cr	-17.1%	-2.0%	0.8x
2022-04	—	₹583 cr	-17.1%	-2.0%	0.8x
2022-03	—	₹583 cr	-17.1%	-2.0%	0.8x
2022-02	—	₹583 cr	-17.1%	-2.0%	0.8x
2022-01	—	₹583 cr	-17.1%	-2.0%	0.8x
2021-12	—	₹583 cr	-17.1%	-2.0%	0.8x
2021-11	—	₹583 cr	-17.1%	-2.0%	0.8x
2021-10	—	₹583 cr	-17.1%	-2.0%	0.8x
2021-09	—	₹583 cr	-17.1%	-2.0%	0.8x
2021-08	—	₹583 cr	-17.1%	-2.0%	0.8x
2021-07	—	₹583 cr	-17.1%	-2.0%	0.8x
2021-06	—	₹583 cr	-17.1%	-2.0%	0.8x
2021-05	—	₹1208 cr	-6.2%	5.0%	0.6x
2021-04	—	₹1208 cr	-6.2%	5.0%	0.6x
2021-03	—	₹1208 cr	-6.2%	5.0%	0.6x
2021-02	—	₹1208 cr	-6.2%	5.0%	0.6x
2021-01	—	₹1208 cr	-6.2%	5.0%	0.6x
2020-12	—	₹1208 cr	-6.2%	5.0%	0.6x
2020-11	—	₹1208 cr	-6.2%	5.0%	0.6x
2020-10	—	₹1208 cr	-6.2%	5.0%	0.6x
2020-09	—	₹1208 cr	-6.2%	5.0%	0.6x
2020-08	—	₹1208 cr	-6.2%	5.0%	0.6x
2020-07	—	₹1208 cr	-6.2%	5.0%	0.6x
2020-06	—	₹1208 cr	-6.2%	5.0%	0.6x
2020-05	11.4x	₹1202 cr	2.4%	7.0%	0.5x
2020-04	13.2x	₹1202 cr	2.4%	7.0%	0.5x
2020-03	9.5x	₹1202 cr	2.4%	7.0%	0.5x
2020-02	14.9x	₹1202 cr	2.4%	7.0%	0.5x
2020-01	17.4x	₹1202 cr	2.4%	7.0%	0.5x
2019-12	21.1x	₹1202 cr	2.4%	7.0%	0.5x
2019-11	27.1x	₹1202 cr	2.4%	7.0%	0.5x
2019-10	32.8x	₹1202 cr	2.4%	7.0%	0.5x
2019-09	52.0x	₹1202 cr	2.4%	7.0%	0.5x
2019-08	41.1x	₹1202 cr	2.4%	7.0%	0.5x
2019-07	31.8x	₹1202 cr	2.4%	7.0%	0.5x
2019-06	36.3x	₹1202 cr	2.4%	7.0%	0.5x
2019-05	—	₹829 cr	-0.1%	6.0%	0.7x
2019-04	—	₹829 cr	-0.1%	6.0%	0.7x
2019-03	—	₹829 cr	-0.1%	6.0%	0.7x
2019-02	—	₹829 cr	-0.1%	6.0%	0.7x
2019-01	—	₹829 cr	-0.1%	6.0%	0.7x

Methodology and data notes