अApnaFunda

SPR AUTO TECHNOLOGIES LIMITED (SHRIPISTON)

Producer Manufacturing · Auto Parts: OEM · 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.60 / 100
Profitability 77Growth 77Balance sheet 28
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 61Earnings 29FII/DII 81

Passes these screensHigh MomentumPrice ahead of businessConsistent compounders

Share price

Closing priceAdjusted for splits and bonus issues.

₹4,316.8 latest close · +2.8% over the last 90 sessions

₹4,200₹4,400₹4,600₹4,800Jul 3Jul 29Aug 24Sep 17Oct 14Nov 9 ₹4,200₹4,400₹4,600₹4,800Jul 3Sep 4Nov 9

₹4,316.8 month-end · +65.3% over 12 months

₹3,000₹4,000Nov '25Jan '26Apr '26Jun '26Sep '26Nov '26 ₹3,000₹4,000Nov '25May '26Nov '26

₹4,316.8 month-end · +302.1% over 3 years

₹2,000₹4,000Nov '23Jun '24Jan '25Sep '25Apr '26Nov '26 ₹2,000₹4,000Nov '23May '25Nov '26

₹4,316.8 month-end · +733.4% since Feb '19

₹0₹2,000₹4,000Feb '19Sep '20Mar '22Oct '23Apr '25Nov '26 ₹0₹2,000₹4,000Feb '19Jan '23Nov '26

52-week range ₹2525.80 to ₹4843.00 · 1-year volatility 39.9%

Was the rally earned?

+65%share price, 1 yearMultiple-driven

Partly.

  • Most of the rise came from investors paying a higher multiple (P/E 21.9x to 33.7x); per-share earnings added 9 points.
  • The share count rose 4%.
Net profit growth: +14 pts. Points of the price return explained by net profit growing (or shrinking).+14 ptsNet profit growthP/E change: +56 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+56 ptsP/E changeShare count change: −4 pts. Points of the price return explained by the share count changing. More shares count against the price.−4 ptsShare count changeShare price: +65%+65%Share priceNet profit growth: +14 pts. Points of the price return explained by net profit growing (or shrinking).+14ProfitP/E change: +56 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+56P/EShare count change: −4 pts. Points of the price return explained by the share count changing. More shares count against the price.−4SharesShare price: +65%+65%Share price
Net profit growth+14 ptsNet profit rose about 11%, which lifts the price.
P/E change+56 ptsThe P/E rose from 21.9x to 33.7x, which lifts the price.
Share count change-4 ptsShare count rose 4%, which lowers the price.
+302%share price, 3 yearsEarnings and multiple

Both mattered.

  • Per-share earnings added 141 points and the multiple added 161 points (P/E 16.1x to 33.7x).
  • The share count rose 5%.
Net profit growth: +153 pts. Points of the price return explained by net profit growing (or shrinking).+153 ptsNet profit growthP/E change: +161 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+161 ptsP/E changeShare count change: −11 pts. Points of the price return explained by the share count changing. More shares count against the price.−11 ptsShare count changeShare price: +302%+302%Share priceNet profit growth: +153 pts. Points of the price return explained by net profit growing (or shrinking).+153ProfitP/E change: +161 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+161P/EShare count change: −11 pts. Points of the price return explained by the share count changing. More shares count against the price.−11SharesShare price: +302%+302%Share price
Net profit growth+153 ptsNet profit rose about 102%, which lifts the price.
P/E change+161 ptsThe P/E rose from 16.1x to 33.7x, which lifts the price.
Share count change-11 ptsShare count rose 5%, which lowers the price.
+882%share price, 5 yearsEarnings-driven

Mostly yes.

  • Per-share earnings added 720 points to the rise, while the multiple moved less (P/E 22.1x to 33.7x).
  • The share count rose 4%.
Net profit growth: +733 pts. Points of the price return explained by net profit growing (or shrinking).+733 ptsNet profit growthP/E change: +163 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+163 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: +882%+882%Share priceNet profit growth: +733 pts. Points of the price return explained by net profit growing (or shrinking).+733ProfitP/E change: +163 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+163P/EShare count change: −13 pts. Points of the price return explained by the share count changing. More shares count against the price.−13SharesShare price: +882%+882%Share price
Net profit growth+733 ptsNet profit rose about 567%, which lifts the price.
P/E change+163 ptsThe P/E rose from 22.1x to 33.7x, which lifts the price.
Share count change-13 ptsShare count rose 4%, 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 SAMVARDHANA MOTHERSON INT

How rough has the ride been?

Maximum drawdown-64.0%recovered 2021-07
1-year volatility39.9%annualised
Beta vs sector index0.963-year daily, correlation 0.48
Volume spikes0last 90 sessions, 5x the 50-day median

Drawdown from peak

0%−20%−40%−60%2020202120222023202420252026−60.9% 0%−20%−40%−60%2020202220242026−60.9%
Largest drawdowns

-64.0% (2019-03 peak to 2020-03 low, recovered 2021-07)

-41.5% (2021-07 peak to 2022-05 low, recovered 2022-12)

-35.2% (2023-08 peak to 2023-10 low, recovered 2024-01)

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?

33.7xP/E todayNear its historic high
Against its own history96th percentile
CheapestMedian 19.1xDearest

Usual range 11.3x to 28.2x since 2019-02.

Against Producer Manufacturing33.7x vs 29.6x
This company
33.7x
Sector median
29.6x

14% above the Producer Manufacturing median.

6.4x19.0x31.5x44.0xFeb '19Sep '20Apr '22Nov '23Jun '25Nov '266.4x19.0x31.5x44.0xFeb '19Sep '21Apr '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

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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

  • ROCE72nd▼ 10 pts vs a year ago
  • Op. margin81st▼ 7 pts vs a year ago
  • Revenue growth83rd▲ 20 pts vs a year ago
  • EPS growth48th▼ 17 pts vs a year ago
  • Debt/equity ↓21st▼ 32 pts vs a year ago
  • Cash cycle ↓73rd▲ 6 pts vs a year ago
  • P/E ↓42nd▼ 30 pts vs a year ago
  • 12M momentum91st▲ 4 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?

~26%annual earnings growth implied by the priceAbove delivered growth

At normalised P/E (five-year average earnings) of 49.1x, a holder earning 12%/yr needs earnings to grow about 25.6%/yr for 10 years, then trade at 15x.

Delivered21.3%/yrEPS, last 10 fiscal years · 3-yr avg to 3-yr avg
Gap+4.3 ptsimplied minus delivered
Rank440thmost demanding of 856

Over time

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

0%14%28% Feb 2019Nov 2026 0%14%28% Feb 2019Nov 2026

Change the assumptions

Exit P/E / return11%12%13%
12x27.2%28.3%29.5%
15x24.5%25.6%26.7%
20x21.0%22.1%23.2%

Drag a slider to test other assumptions

Implied: 25.6%/yr

Looking back

  • Jan 2020Price implied 10%/yr; EPS has since grown 22%/yr (7.0 yrs)
  • Jan 2021Price implied 9%/yr; EPS has since grown 41%/yr (6.0 yrs)
  • Jan 2022Price implied 12%/yr; EPS has since grown 45%/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 Producer Manufacturing The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov
₹4316.80
P/E
33.7x
ROCE
21.0%
Market Cap
₹20023 cr
Revenue (TTM)
₹4969 cr
P/S
4.0x
P/B
6.9x
ROE
20.5%
Operating Margin
18.0%
Debt / Equity
0.7x
Promoter Holding
43.8%
12M Momentum
65.3%

52-week range

₹2525.80₹4843.00
77% of the way from its 52-week low to its high

Price risk

1Y volatility
39.9%
Beta vs sector
1-year daily
0.94

Balance sheet & cash

Interest cover
operating profit ÷ interest
9.8x
Cash from profit, 3Y
operating cash flow ÷ net profit
1.02x
Share count, 1Y
unchanged

Are profits backed by cash?

7 of 7checks within rangeAll clear
Other income reliance11%Within range

Other income as a share of pre-tax profit (trailing twelve months): 10.8%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate25%Within range

Median quarterly effective tax rate over about 2.5 years: 25.0%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion1.02xWithin range

Operating cash flow divided by net profit over the last three fiscal years: 1.02x (cash from operations ₹1,546 cr, net profit ₹1,516 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+12 daysWithin range

Debtor days are above the median of the previous three fiscal years by 12 days (68 vs 56). Bands: under 15 days, 15 to 45, over 45.

Capital work in progress3% of fixed assetsWithin range

Capital work-in-progress is 3% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.

Payable days+17 days / 2 yrsWithin range

Days payable changed by +17 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 7.1 pts; promoters trimmed 3.0 pts; DIIs trimmed 0.9 pts.
  • The number of shareholders rose from 22,627 to 54,998 (+143%) between Dec 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupDec '23Jun '26Change
Promoters46.8%43.8%-3.0 pts
FIIs1.1%8.2%+7.1 pts
DIIs13.1%12.2%-0.9 pts
Public and others39.1%35.9%-3.3 pts

Number of shareholders

54,998shareholders+143% since Dec '23
23k33k44k55k Dec '23Jun '24Dec '24Jun '25Dec '25Jun '26
Dec '23: 22,627
Mar '24: 36,292
Jun '24: 40,419
Sep '24: 47,013
Dec '24: 46,348
Mar '25: 43,808
Jun '25: 46,039
Sep '25: 51,290
Dec '25: 49,226
Mar '26: 49,520
Jun '26: 54,998
23k33k44k55k Dec '23Dec '24Dec '25Jun '26
Dec '23: 22,627
Mar '24: 36,292
Jun '24: 40,419
Sep '24: 47,013
Dec '24: 46,348
Mar '25: 43,808
Jun '25: 46,039
Sep '25: 51,290
Dec '25: 49,226
Mar '26: 49,520
Jun '26: 54,998

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

−3.5%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 SPR AUTO TECHNOLOGIES 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 −25% to +24% vs the market, against −3% for all non-financial companies in the same months.
  • The gap against the base rate (−0.9%, 80% range −9.6% to +3.5%) is within what chance and overlapping periods produce.

Where the 50 outcomes landed

−100%−50%0%+50%+100%
HIKAL · Jun 2021: −51.3% vs market
SIS · Mar 2020: −49.6% vs market
APLLTD · Oct 2020: −49.5% vs market
REDTAPE · Dec 2024: −46.3% vs market
CAMLINFINE · Jun 2021: −42.3% vs market
ROLEXRINGS · Mar 2023: −41.2% vs market
CCL · Jun 2023: −39.3% vs market
FSL · Jun 2025: −37.8% vs market
JASH · Jan 2025: −37.0% vs market
INNOVACAP · Jan 2025: −34.8% vs market
KEI · Jan 2020: −31.2% vs market
CYIENT · Nov 2023: −25.9% vs market
KPRMILL · Dec 2021: −25.5% vs market
ASAHIINDIA · Jun 2022: −24.8% vs market
GSPL · Apr 2020: −18.3% vs market
CRAFTSMAN · Aug 2023: −16.6% vs market
RKFORGE · Feb 2024: −13.6% vs market
TORNTPOWER · May 2024: −13.0% vs market
FLUOROCHEM · Jun 2022: −12.0% vs market
RAINBOW · Jun 2023: −11.5% vs market
VBL · May 2020: −8.1% vs market
BLUESTARCO · May 2024: −7.5% vs market
HEIDELBERG · Jan 2020: −7.4% vs market
GREENPANEL · Nov 2021: −5.2% vs market
EPL · Jun 2020: −4.8% vs market
UNOMINDA · Jan 2020: −2.2% vs market
SUDARSCHEM · May 2020: −1.2% vs market
GLENMARK · Jul 2025: −0.6% vs market
NH · Jul 2025: +0.6% vs market
ASKAUTOLTD · Mar 2025: +2.6% vs market
BECTORFOOD · Jul 2023: +3.5% vs market
COFORGE · Aug 2025: +6.9% vs market
SRF · Mar 2020: +8.1% vs market
JUBLPHARMA · May 2020: +13.4% vs market
TEGA · Jun 2023: +15.1% vs market
SOLARINDS · Jul 2022: +20.8% vs market
PRINCEPIPE · Mar 2021: +23.0% vs market
RADICO · Jun 2020: +24.4% vs market
JKCEMENT · Jun 2020: +26.5% vs market
LUMAXTECH · Jul 2025: +35.1% vs market
APLAPOLLO · Jan 2021: +40.2% vs market
ABDL · Sep 2025: +40.8% vs market
PRIVISCL · Aug 2025: +45.8% vs market
GRANULES · Feb 2020: +51.1% vs market
RAJRATAN · Mar 2022: +51.7% vs market
ASTRAMICRO · Oct 2025: +53.6% vs market
POLYMED · Jun 2020: +111.3% vs market
DEEPAKNTR · Jan 2020: +112.7% vs market
MBAPL · Oct 2025: +130.1% vs market
AARTIDRUGS · Apr 2020: +148.6% vs market
Similar setups −3.5%All companies −2.6%← 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 · 4 beyond the range shown, drawn at the edge

Similar setups' median
−3.5%
All companies' median
−2.6%
Beat the market
44% vs 47%

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

The closest matches

CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
UNOMINDA
Producer Manufacturing
Jan 2020 37x20% +40%−7% −2%
RKFORGE
Producer Manufacturing
Feb 2024 50x19% +203%−2% −14%
CRAFTSMAN
Producer Manufacturing
Aug 2023 42x21% +89%−1% −17%
CYIENT
Technology Services
Nov 2023 42x20% +131%−1% −26%
APLAPOLLO
Non-Energy Minerals
Jan 2021 47x20% +131%−6% +40%
Show the other 3 matches
CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
FSL
Commercial Services
Jun 2025 44x15% +78%−8% −38%
GSPL
Industrial Services
Apr 2020 12x25% +5%−21% −18%
SUDARSCHEM
Process Industries
May 2020 20x17% +17%−22% −1%
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: drawdown from 12-month high, 12-month momentum and P/E. 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 SPR AUTO TECHNOLOGIES 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.

Consumer Non-Durables
72%similar
revenuepromoter holding
Technology Services
69%similar
revenue growthvolatility
JK CEMENTJKCEMENT
Non-Energy Minerals
65%similar
promoter holdingdebt/equity
LT FOODSLTFOODS
Process Industries
64%similar
market capvolatility
Commercial Services
63%similar
market capdebt/equity
PRICOLPRICOLLTD
Producer Manufacturing
68%similar
volatilityP/E
Producer Manufacturing
67%similar
promoter holdingmarket cap
Producer Manufacturing
61%similar
market cappromoter holding

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

What changed?

30 events since Nov '22

  1. JunPeer rankSlipped to the 2nd quartile of Producer Manufacturing on ROCE (from the top quartile).
  2. AprPriceVolume reached 7.9x its 50-day median on 2026-04-10; price +11.9% that day.
  3. MarPriceVolume reached 14.6x its 50-day median on 2026-03-20; price +6.2% that day.
  4. DecValuationP/E crossed above the 90th percentile of its own history to date (26.4x).
  5. DecPriceVolume reached 67.2x its 50-day median on 2025-12-05; price +8.1% that day.
  6. AugPriceVolume reached 6.9x its 50-day median on 2025-08-19; price +4.6% that day.
  7. MayPriceRegained the 2024-09 peak, 2 months after the low.
  8. MayPriceVolume reached 31.0x its 50-day median on 2025-05-08; price +14.0% that day.
Show 22 earlier events
  1. MarPriceFell 28% from the Sep 2024 peak to the Mar 2025 low.
  2. MarPriceVolume reached 5.9x its 50-day median on 2025-03-06; price +2.6% that day.
  3. DecPromoterPromoter holding fell 3.0 pts to 43.8%.
  4. DecInstitutionsFII + DII holding rose 3.2 pts over 1 quarter to 17.0%.
  5. AugPriceVolume reached 6.4x its 50-day median on 2024-08-30; price +3.8% that day.
  6. JunResultsRevenue (TTM) reached a new high of ₹3,089 cr.
  7. JunPeer rankSlipped to the 2nd quartile of Producer Manufacturing on EPS growth (from the top quartile).
  8. MayPriceVolume reached 5.8x its 50-day median on 2024-05-14; price +5.1% that day.
  9. JanPriceRegained the 2023-08 peak, 3 months after the low.
  10. JanValuationP/E crossed above the 90th percentile of its own history to date (24.8x).
  11. JanPriceVolume reached 8.2x its 50-day median on 2024-01-02; price +5.0% that day.
  12. NovPriceVolume reached 37.8x its 50-day median on 2023-11-07; price +4.5% that day.
  13. OctPriceFell 35% from the Aug 2023 peak to the Oct 2023 low.
  14. JulPriceVolume reached 12.0x its 50-day median on 2023-07-04; price +4.5% that day.
  15. JunResultsRevenue (TTM) reached a new high of ₹2,609 cr.
  16. JunPeer rankMoved into the top quartile of Producer Manufacturing on ROCE (from the 2nd quartile).
  17. MayPriceRegained the 2023-01 peak, 2 months after the low.
  18. MayPriceVolume reached 34.0x its 50-day median on 2023-05-15; price +5.0% that day.
  19. MarPriceFell 28% from the Jan 2023 peak to the Mar 2023 low.
  20. DecPriceRegained the 2021-07 peak, 7 months after the low.
  21. DecPeer rankMoved into the top quartile of Producer Manufacturing on EPS growth (from the 2nd quartile).
  22. NovPriceVolume reached 12.2x its 50-day median on 2022-11-04; price +5.0% 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 history60 months · 2021-12 to 2026-11
MonthP/ERevenue (TTM)ROEROCEDebt / Equity
2026-1133.7x₹4969 cr20.5%21.0%0.7x
2026-1034.2x₹4969 cr19.8%21.0%0.7x
2026-0936.4x₹4969 cr19.8%21.0%0.7x
2026-0836.7x₹4458 cr19.4%21.0%0.7x
2026-0735.0x₹4458 cr19.4%21.0%0.7x
2026-0633.4x₹4458 cr19.4%21.0%0.7x
2026-0527.5x₹3990 cr23.2%26.0%0.2x
2026-0428.3x₹3990 cr23.2%26.0%0.2x
2026-0324.5x₹3990 cr23.2%26.0%0.2x
2026-0225.4x₹3815 cr23.0%26.0%0.2x
2026-0122.4x₹3815 cr23.0%26.0%0.2x
2025-1226.4x₹3815 cr23.0%26.0%0.2x
2025-1121.9x₹3675 cr22.3%26.0%0.2x
2025-1021.9x₹3675 cr22.3%26.0%0.2x
2025-0922.6x₹3675 cr22.3%26.0%0.2x
2025-0821.8x₹3549 cr21.6%26.0%0.2x
2025-0720.9x₹3549 cr21.6%26.0%0.2x
2025-0621.5x₹3549 cr21.6%26.0%0.2x
2025-0522.7x₹3417 cr24.9%28.0%0.3x
2025-0416.5x₹3417 cr24.9%28.0%0.3x
2025-0317.3x₹3417 cr24.9%28.0%0.3x
2025-0217.4x₹3335 cr24.2%28.0%0.3x
2025-0119.1x₹3335 cr24.2%28.0%0.3x
2024-1220.6x₹3335 cr24.2%28.0%0.3x
2024-1120.8x₹3211 cr23.6%28.0%0.3x
2024-1020.9x₹3211 cr23.6%28.0%0.3x
2024-0920.9x₹3211 cr23.6%28.0%0.3x
2024-0821.4x₹3089 cr22.8%28.0%0.3x
2024-0720.2x₹3089 cr22.8%28.0%0.3x
2024-0619.0x₹3089 cr22.8%28.0%0.3x
2024-0529.0x₹2609 cr19.3%25.0%0.2x
2024-0430.7x₹2609 cr19.3%25.0%0.2x
2024-0329.4x₹2609 cr19.3%25.0%0.2x
2024-0224.6x₹2609 cr19.3%25.0%0.2x
2024-0124.8x₹2609 cr19.3%25.0%0.2x
2023-1221.8x₹2609 cr19.3%25.0%0.2x
2023-1116.1x₹2609 cr19.3%25.0%0.2x
2023-1015.0x₹2609 cr19.3%25.0%0.2x
2023-0915.3x₹2609 cr19.3%25.0%0.2x
2023-0816.2x₹2609 cr19.3%25.0%0.2x
2023-0720.3x₹2609 cr19.3%25.0%0.2x
2023-0614.2x₹2609 cr19.3%25.0%0.2x
2023-0521.1x₹2065 cr13.1%17.0%0.1x
2023-0415.4x₹2065 cr13.1%17.0%0.1x
2023-0313.5x₹2065 cr13.1%17.0%0.1x
2023-0215.4x₹2065 cr13.1%17.0%0.1x
2023-0116.4x₹2065 cr13.1%17.0%0.1x
2022-1215.5x₹2065 cr13.1%17.0%0.1x
2022-1113.1x₹2065 cr13.1%17.0%0.1x
2022-1010.2x₹2065 cr13.1%17.0%0.1x
2022-0910.4x₹2065 cr13.1%17.0%0.1x
2022-0810.7x₹2065 cr13.1%17.0%0.1x
2022-079.7x₹2065 cr13.1%17.0%0.1x
2022-069.1x₹2065 cr13.1%17.0%0.1x
2022-0517.9x₹1597 cr7.8%11.0%0.1x
2022-0417.6x₹1597 cr7.8%11.0%0.1x
2022-0317.8x₹1597 cr7.8%11.0%0.1x
2022-0218.1x₹1597 cr7.8%11.0%0.1x
2022-0120.7x₹1597 cr7.8%11.0%0.1x
2021-1221.2x₹1597 cr7.8%11.0%0.1x

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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