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STEL HOLDINGS LIMITED (STEL)

Finance · Financial Conglomerates · 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.55 / 100
Profitability 14Growth 51Balance 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.51 / 100
Price 63Earnings 43FII/DII 47
Compare withJIO FINANCIAL SERVICESBAJAJ HOLDINGS & INVESTMENT LIMAHARASHTRA SCOOTERS

Share price

Closing priceAdjusted for splits and bonus issues.

₹529.9 latest close · −6.6% over the last 90 sessions

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

₹529.9 month-end · +7.1% over 12 months

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

₹529.9 month-end · +80.2% over 3 years

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

₹529.9 month-end · +406.8% since Jan '19

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

52-week range ₹385.10 to ₹689.95 · 1-year volatility 51.0%

Was the rally earned?

+7%share price, 1 yearLower P/E held it back

Mostly yes, with a catch.

  • Per-share earnings added 20 points, but investors now pay less per rupee of profit (P/E 56.6x to 49.8x), which took 13 points back.
  • The share count barely moved.
Net profit growth: +20 pts. Points of the price return explained by net profit growing (or shrinking).+20 ptsNet profit growthP/E change: −13 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−13 ptsP/E changeShare price: +7%+7%Share priceNet profit growth: +20 pts. Points of the price return explained by net profit growing (or shrinking).+20ProfitP/E change: −13 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−13P/EShare price: +7%+7%Share price
Net profit growth+20 ptsNet profit rose about 21%, which lifts the price.
P/E change-13 ptsThe P/E fell from 56.6x to 49.8x, which lowers the price.
Share count change0 ptsShare count was little changed. More shares would count against the price.
+80%share price, 3 yearsEarnings-driven

Mostly yes.

  • Per-share earnings added 64 points to the rise, while the multiple moved less (P/E 44.3x to 49.8x).
  • The share count rose 2%.
Net profit growth: +67 pts. Points of the price return explained by net profit growing (or shrinking).+67 ptsNet profit growthP/E change: +16 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+16 ptsP/E changeShare count change: −3 pts. Points of the price return explained by the share count changing. More shares count against the price.−3 ptsShare count changeShare price: +80%+80%Share priceNet profit growth: +67 pts. Points of the price return explained by net profit growing (or shrinking).+67ProfitP/E change: +16 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+16P/EShare count change: −3 pts. Points of the price return explained by the share count changing. More shares count against the price.−3SharesShare price: +80%+80%Share price
Net profit growth+67 ptsNet profit rose about 63%, which lifts the price.
P/E change+16 ptsThe P/E rose from 44.3x to 49.8x, which lifts the price.
Share count change-3 ptsShare count rose 2%, which lowers the price.
+256%share price, 5 yearsEarnings and multiple

Both mattered.

  • Per-share earnings added 165 points and the multiple added 91 points (P/E 31.8x to 49.8x).
  • The share count fell 4%.
Net profit growth: +157 pts. Points of the price return explained by net profit growing (or shrinking).+157 ptsNet profit growthP/E change: +91 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+91 ptsP/E changeShare count change: +8 pts. Points of the price return explained by the share count changing. More shares count against the price.+8 ptsShare count changeShare price: +256%+256%Share priceNet profit growth: +157 pts. Points of the price return explained by net profit growing (or shrinking).+157ProfitP/E change: +91 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+91P/EShare count change: +8 pts. Points of the price return explained by the share count changing. More shares count against the price.+8SharesShare price: +256%+256%Share price
Net profit growth+157 ptsNet profit rose about 118%, which lifts the price.
P/E change+91 ptsThe P/E rose from 31.8x to 49.8x, which lifts the price.
Share count change+8 ptsShare count fell 4%, which lifts 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 JIO FINANCIAL SERVICES

How rough has the ride been?

Maximum drawdown-70.7%recovered 2021-06
1-year volatility51.0%annualised
Beta vs sector index0.793-year daily, correlation 0.31
Volume spikes1last 90 sessions, 5x the 50-day median

Drawdown from peak

0%−20%−40%−60%2020202120222023202420252026−67.1% 0%−20%−40%−60%2020202220242026−67.1%
Largest drawdowns

-70.7% (2019-03 peak to 2020-03 low, recovered 2021-06)

-52.4% (2021-09 peak to 2022-06 low, recovered 2023-08)

-44.9% (2024-09 peak to 2025-02 low, recovered 2025-12)

Most recent volume spikes

2026-08-31: 6.5x the 50-day median, price +3.8% 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?

49.9xP/E todayNear its historic high
Against its own history83rd percentile
CheapestMedian 29.2xDearest

Usual range 9.6x to 53.7x since 2019-01.

Against Finance49.9x vs 18.1x
This company
49.9x
Sector median
18.1x

175% above the Finance median.

6.5x31.2x56.0x80.7xJan '19Aug '20Mar '22Oct '23May '25Nov '266.5x31.2x56.0x80.7xJan '19Sep '21May '24Nov '26
P/E (this company)10th to 90th percentile of its own historyIts medianFinance median

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

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

Where does it rank among Finance peers?

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

  • ROCE23rd▲ 9 pts vs a year ago
  • Op. margin5th▼ 76 pts vs a year ago
  • Revenue growth59th▼ 12 pts vs a year ago
  • EPS growth66th▼ 6 pts vs a year ago
  • Debt/equity ↓90thflat vs a year ago
  • Cash cycle ↓89thflat vs a year ago
  • P/E ↓17th▼ 4 pts vs a year ago
  • 12M momentum76th▼ 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 Finance sector page Watch it move against Finance in the Observatory

What is the price implying?

~30%annual earnings growth implied by the price

At a P/E of 64.3x, the price would imply about 29.6%/yr earnings growth for 10 years under the same assumptions, but it is not ranked.

Below the ₹1,000 cr market-cap floor used for the lists.

“Implied growth” is what the current price would require under our stated assumptions, not what we expect.

What prices imply across Finance The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov
₹529.90
P/E
49.8x
ROCE
2.0%
Market Cap
₹977 cr
Revenue (TTM)
₹27 cr
P/S
36.4x
P/B
0.6x
ROE
1.2%
Operating Margin
-110.0%
Debt / Equity
0.0x
Promoter Holding
72.0%
12M Momentum
7.1%

52-week range

₹385.10₹689.95
48% of the way from its 52-week low to its high

Price risk

1Y volatility
51.0%
Beta vs sector
1-year daily
0.79

Balance sheet & cash

Debt service
no meaningful debt
Cash from profit, 3Y
operating cash flow ÷ net profit
1.00x
Share count, 1Y
unchanged

Are profits backed by cash?

6 of 6checks within rangeAll clear
Other income reliance0%Within range

Other income as a share of pre-tax profit (trailing twelve months): 0.0%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate25%Within range

Median quarterly effective tax rate over about 2.5 years: 25.1%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion1.00xWithin range

Operating cash flow divided by net profit over the last three fiscal years: 1.00x (cash from operations ₹49 cr, net profit ₹49 cr). Bands: 0.8x and above, 0.5x to 0.8x, below 0.5x.

Free cash flow4 of 5 yrsWithin range

Fiscal years with positive free cash flow in the last 5: 4. Bands: at least 80% of years, 40% to 80%, below 40%.

Receivable days vs history0 daysWithin range

Debtor days are below the median of the previous three fiscal years by 0 days (0 vs 0). 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, promoters added 7.4 pts.
  • The number of shareholders fell from 22,220 to 20,877 (-6%) between Sep 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupSep '23Jun '26Change
Promoters64.7%72.0%+7.4 pts
FIIs0.0%0.0%0.0 pts
DIIs0.2%0.1%-0.1 pts
Public and others35.1%27.9%-7.2 pts

Number of shareholders

20,877shareholders-6% since Sep '23
21k21k22k22k Sep '23Jun '24Mar '25Dec '25Jun '26
Sep '23: 22,220
Dec '23: 21,832
Mar '24: 21,462
Jun '24: 21,161
Sep '24: 21,013
Dec '24: 21,853
Mar '25: 22,069
Jun '25: 21,938
Sep '25: 21,602
Dec '25: 21,353
Mar '26: 21,183
Jun '26: 20,877
 21k21k22k22k Sep '23Sep '24Sep '25Jun '26
Sep '23: 22,220
Dec '23: 21,832
Mar '24: 21,462
Jun '24: 21,161
Sep '24: 21,013
Dec '24: 21,853
Mar '25: 22,069
Jun '25: 21,938
Sep '25: 21,602
Dec '25: 21,353
Mar '26: 21,183
Jun '26: 20,877

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

−9.0%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 STEL HOLDINGS 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 +19% vs the market, against −3% for all non-financial companies in the same months.
  • The gap against the base rate (−6.1%, 80% range −18.6% to +6.7%) is within what chance and overlapping periods produce.

Where the 50 outcomes landed

−100%−50%0%+50%+100%
XELPMOC · Nov 2021: −65.5% vs market
QUICKHEAL · Nov 2024: −52.4% vs market
OSWALGREEN · Jan 2025: −43.8% vs market
HGM · Mar 2021: −40.4% vs market
TRACXN · Dec 2023: −39.9% vs market
SUMMITSEC · Aug 2025: −39.2% vs market
GUJAPOLLO · Sep 2020: −37.1% vs market
RATEGAIN · Feb 2024: −37.1% vs market
INDOWIND · Jul 2024: −33.5% vs market
BSE · May 2022: −32.4% vs market
GANGESSECU · Jun 2025: −31.1% vs market
SILINV · Jun 2025: −31.0% vs market
MOTOGENFIN · Sep 2024: −30.6% vs market
HEXATRADEX · May 2022: −25.9% vs market
NAZARA · May 2023: −23.7% vs market
NSIL · Jul 2025: −22.4% vs market
SCILAL · Mar 2025: −22.4% vs market
MMTC · Oct 2025: −22.4% vs market
DELTACORP · Aug 2022: −21.8% vs market
BPL · Jan 2024: −21.6% vs market
ITDC · Mar 2021: −20.1% vs market
GEECEE · Jun 2021: −18.8% vs market
GKWLIMITED · May 2022: −18.4% vs market
KICL · Oct 2025: −16.2% vs market
MODIRUBBER · Oct 2025: −9.4% vs market
UNIENTER · Jun 2021: −8.5% vs market
3PLAND · Feb 2023: −6.2% vs market
MAHSCOOTER · Mar 2020: −3.2% vs market
RVHL · May 2024: +2.0% vs market
LAOPALA · Feb 2022: +5.4% vs market
GENESYS · Apr 2024: +8.0% vs market
RIIL · Oct 2020: +10.3% vs market
OSWALAGRO · Jan 2024: +10.8% vs market
TAINWALCHM · May 2024: +12.0% vs market
JSWHL · Feb 2020: +12.9% vs market
APTECHT · Feb 2021: +17.1% vs market
COMPUSOFT · Nov 2021: +18.8% vs market
DENORA · May 2020: +19.2% vs market
INDBANK · Aug 2020: +19.3% vs market
SIRCA · Dec 2021: +21.0% vs market
MAHAPEXLTD · Sep 2022: +24.1% vs market
TEXINFRA · Mar 2020: +25.8% vs market
KIOCL · Apr 2020: +30.2% vs market
CARTRADE · Nov 2023: +36.9% vs market
TEJASNET · Feb 2022: +38.6% vs market
MCX · Mar 2024: +53.0% vs market
ANTELOPUS · Apr 2023: +60.9% vs market
TATAINVEST · May 2023: +102.3% vs market
OLECTRA · Feb 2021: +191.3% vs market
LPDC · Jan 2021: +218.5% vs market
Similar setups −9.0%All companies −2.9%← 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 · 3 beyond the range shown, drawn at the edge

Similar setups' median
−9.0%
All companies' median
−2.9%
Beat the market
44% vs 47%

50 past situations · 50 companies · 36 months · 2020–2025

The closest matches

CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
UNIENTER
Producer Manufacturing		 Jun 2021 37x1% +126%−6% −9%
KICL
Finance		 Oct 2025 37x1% −15%−24% −16%
NSIL
Finance		 Jul 2025 74x0% +49%−28% −22%
RVHL
Consumer Durables		 May 2024 50x2% +104%−17% +2%
RIIL
Industrial Services		 Oct 2020 57x3% +32%−20% +10%
Show the other 3 matches
CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
TATAINVEST
Finance		 May 2023 52x1% +44%−20% +102%
JSWHL
Finance		 Feb 2020 27x1% +1%−21% +13%
SUMMITSEC
Finance		 Aug 2025 35x1% −10%−39% −39%
How reliable is this?

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

PANACEA BIOTECPANACEABIO
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62%similar
promoter holdingROCE
VASA DENTICITYDENTALKART
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debt/equitymarket cap
CONSOLIDATED CONSTRUCTION CONSCCCL
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56%similar
debt/equityoperating margin
QUADRANT FUTURE TEKQUADFUTURE
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55%similar
operating marginrevenue
INDEF MANUFACTURINGBAJAJINDEF
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50%similar
operating marginrevenue
SYSTEMATIX CORPORATE SERVICESSYSTMTXC
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62%similar
market caprevenue
EMKAY GLOBAL FINANCIAL SERVICEEMKAY
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43%similar
promoter holdingmarket cap
OMAXEOMAXE
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41%similar
operating marginpromoter holding

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

What changed?

30 events since Aug '23

  1. OctPriceFell 28% from the Sep 2026 peak to the Oct 2026 low.
  2. SepPeer rankSlipped to the bottom quartile of Finance on operating margin (from the 3rd quartile).
  3. AugValuationP/E crossed above the 90th percentile of its own history to date (60.7x).
  4. AugPriceVolume reached 6.5x its 50-day median on 2026-08-31; price +3.8% that day.
  5. JunPriceRegained the 2025-12 peak, 5 months after the low.
  6. JunPeer rankSlipped to the 3rd quartile of Finance on operating margin (from the top quartile).
  7. JunPriceVolume reached 21.6x its 50-day median on 2026-06-02; price +9.9% that day.
  8. MarPeer rankMoved into the top quartile of Finance on EPS growth (from the 2nd quartile).
Show 22 earlier events
  1. JanPriceFell 36% from the Dec 2025 peak to the Jan 2026 low.
  2. JanPriceVolume reached 32.8x its 50-day median on 2026-01-29; price +14.5% that day.
  3. DecPriceRegained the 2024-09 peak, 10 months after the low.
  4. DecPriceVolume reached 19.7x its 50-day median on 2025-12-04; price +13.1% that day.
  5. SepResultsRevenue (TTM) reached a new high of ₹22 cr.
  6. SepPriceVolume reached 18.2x its 50-day median on 2025-09-01; price +7.6% that day.
  7. AugValuationP/E crossed above the 90th percentile of its own history to date (53.5x).
  8. JunPeer rankMoved into the top quartile of Finance on operating margin (from the 2nd quartile).
  9. JunPriceVolume reached 5.3x its 50-day median on 2025-06-25; price +1.5% that day.
  10. MarPeer rankSlipped to the 2nd quartile of Finance on operating margin (from the top quartile).
  11. FebPriceFell 45% from the Sep 2024 peak to the Feb 2025 low.
  12. JanPriceVolume reached 11.4x its 50-day median on 2025-01-09; price +1.9% that day.
  13. DecResultsRevenue (TTM) reached a new high of ₹22 cr.
  14. DecPeer rankMoved into the top quartile of Finance on operating margin (from the 2nd quartile).
  15. NovPriceVolume reached 12.1x its 50-day median on 2024-11-27; price -7.2% that day.
  16. SepPeer rankSlipped to the 2nd quartile of Finance on operating margin (from the top quartile).
  17. AugPriceVolume reached 9.1x its 50-day median on 2024-08-09; price +9.7% that day.
  18. JunResultsYear-on-year EPS growth turned positive.
  19. MayPriceVolume reached 14.6x its 50-day median on 2024-05-22; price +5.0% that day.
  20. FebPriceVolume reached 13.2x its 50-day median on 2024-02-29; price +7.6% that day.
  21. NovPriceVolume reached 12.4x its 50-day median on 2023-11-16; price +7.1% that day.
  22. AugPriceRegained the 2021-09 peak, 14 months after the 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
MonthP/ERevenue (TTM)ROEROCEDebt / Equity
2026-1149.8x₹27 cr1.2%2.0%0.0x
2026-1047.7x₹27 cr1.2%2.0%0.0x
2026-0953.6x₹27 cr1.2%2.0%0.0x
2026-0860.7x₹27 cr1.2%2.0%0.0x
2026-0752.8x₹27 cr1.2%2.0%0.0x
2026-0652.5x₹27 cr1.2%2.0%0.0x
2026-0527.6x₹41 cr1.7%1.0%0.0x
2026-0429.2x₹41 cr1.7%1.0%0.0x
2026-0326.4x₹41 cr1.7%1.0%0.0x
2026-0253.4x₹24 cr1.0%1.0%0.0x
2026-0148.0x₹24 cr1.0%1.0%0.0x
2025-1253.8x₹24 cr1.0%1.0%0.0x
2025-1156.6x₹22 cr0.9%1.0%0.0x
2025-1047.1x₹22 cr0.9%1.0%0.0x
2025-0947.2x₹22 cr0.9%1.0%0.0x
2025-0853.5x₹22 cr0.9%1.0%0.0x
2025-0747.9x₹22 cr0.9%1.0%0.0x
2025-0648.1x₹22 cr0.9%1.0%0.0x
2025-0549.6x₹22 cr1.1%2.0%0.0x
2025-0445.8x₹22 cr1.1%2.0%0.0x
2025-0344.6x₹22 cr1.1%2.0%0.0x
2025-0244.0x₹22 cr1.1%2.0%0.0x
2025-0145.7x₹22 cr1.1%2.0%0.0x
2024-1247.1x₹22 cr1.1%2.0%0.0x
2024-1164.1x₹18 cr0.9%2.0%0.0x
2024-1072.4x₹18 cr0.9%2.0%0.0x
2024-0980.7x₹18 cr0.9%2.0%0.0x
2024-0868.9x₹18 cr0.9%2.0%0.0x
2024-0760.8x₹18 cr0.9%2.0%0.0x
2024-0663.7x₹18 cr0.9%2.0%0.0x
2024-0560.9x₹17 cr1.5%2.0%0.0x
2024-0448.1x₹17 cr1.5%2.0%0.0x
2024-0348.2x₹17 cr1.5%2.0%0.0x
2024-0253.0x₹17 cr1.5%2.0%0.0x
2024-0147.9x₹17 cr1.5%2.0%0.0x
2023-1248.5x₹17 cr1.5%2.0%0.0x
2023-1144.3x₹17 cr1.5%2.0%0.0x
2023-1034.8x₹17 cr1.5%2.0%0.0x
2023-0933.4x₹17 cr1.5%2.0%0.0x
2023-0832.6x₹17 cr1.5%2.0%0.0x
2023-0730.2x₹17 cr1.5%2.0%0.0x
2023-0621.2x₹17 cr1.5%2.0%0.0x
2023-0517.7x₹20 cr2.0%3.0%0.0x
2023-0418.5x₹20 cr2.0%3.0%0.0x
2023-0318.1x₹20 cr2.0%3.0%0.0x
2023-0217.2x₹20 cr2.0%3.0%0.0x
2023-0117.8x₹20 cr2.0%3.0%0.0x
2022-1220.4x₹20 cr2.0%3.0%0.0x
2022-1117.7x₹20 cr2.0%3.0%0.0x
2022-1015.5x₹20 cr2.0%3.0%0.0x
2022-0918.0x₹20 cr2.0%3.0%0.0x
2022-0815.3x₹20 cr2.0%3.0%0.0x
2022-0714.4x₹20 cr2.0%3.0%0.0x
2022-0613.1x₹20 cr2.0%3.0%0.0x
2022-0526.5x₹12 cr1.2%2.0%0.0x
2022-0428.7x₹12 cr1.2%2.0%0.0x
2022-0324.5x₹12 cr1.2%2.0%0.0x
2022-0226.8x₹12 cr1.2%2.0%0.0x
2022-0134.3x₹12 cr1.2%2.0%0.0x
2021-1233.2x₹12 cr1.2%2.0%0.0x
2021-1131.8x₹12 cr1.2%2.0%0.0x
2021-1033.3x₹12 cr1.2%2.0%0.0x
2021-0940.0x₹12 cr1.2%2.0%0.0x
2021-0829.1x₹12 cr1.2%2.0%0.0x
2021-0723.4x₹12 cr1.2%2.0%0.0x
2021-0624.5x₹12 cr1.2%2.0%0.0x
2021-0510.6x₹16 cr3.3%3.0%0.0x
2021-049.5x₹16 cr3.3%3.0%0.0x
2021-0310.0x₹16 cr3.3%3.0%0.0x
2021-029.9x₹16 cr3.3%3.0%0.0x
2021-0110.1x₹16 cr3.3%3.0%0.0x
2020-128.5x₹16 cr3.3%3.0%0.0x
2020-117.4x₹16 cr3.3%3.0%0.0x
2020-106.5x₹16 cr3.3%3.0%0.0x
2020-097.0x₹16 cr3.3%3.0%0.0x
2020-087.1x₹16 cr3.3%3.0%0.0x
2020-077.0x₹16 cr3.3%3.0%0.0x
2020-067.1x₹16 cr3.3%3.0%0.0x
2020-059.1x₹10 cr1.4%1.0%0.0x
2020-049.7x₹10 cr1.4%1.0%0.0x
2020-037.9x₹10 cr1.4%1.0%0.0x
2020-0211.7x₹10 cr1.4%1.0%0.0x
2020-0113.6x₹10 cr1.4%1.0%0.0x
2019-1212.5x₹10 cr1.4%1.0%0.0x
2019-1113.3x₹10 cr1.4%1.0%0.0x
2019-1014.3x₹10 cr1.4%1.0%0.0x
2019-0914.7x₹10 cr1.4%1.0%0.0x
2019-0813.1x₹10 cr1.4%1.0%0.0x
2019-0713.8x₹10 cr1.4%1.0%0.0x
2019-0617.1x₹10 cr1.4%1.0%0.0x
2019-0529.4x₹7 cr0.8%1.0%0.0x
2019-0430.8x₹7 cr0.8%1.0%0.0x
2019-0331.9x₹7 cr0.8%1.0%0.0x
2019-0227.5x₹7 cr0.8%1.0%0.0x
2019-0133.5x₹7 cr0.8%1.0%0.0x

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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