Share price
₹633 latest close · −22.5% over the last 90 sessions
₹633 month-end · −14.5% over 12 months
₹633 month-end · +1.4% over 3 years
₹633 month-end · +83.5% since Jan '19
52-week range ₹460.00 to ₹920.00 · 1-year volatility 44.5%
Was the rally earned?
Earnings helped, the multiple did not.
- Per-share earnings added 12 points, but investors now pay less per rupee of profit (P/E 92.5x to 69.3x), which took 27 points back.
- The share count barely moved.
Partly.
- Most of the rise came from investors paying a higher multiple (P/E 23.3x to 69.3x); per-share earnings took off 69 points.
- The share count barely moved.
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: 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.
How rough has the ride been?
Drawdown from peak
Largest drawdowns
-65.2% (2024-12 peak to 2026-03 low, not yet recovered)
-61.0% (2019-01 peak to 2020-03 low, recovered 2021-06)
-41.2% (2021-07 peak to 2023-03 low, recovered 2023-08)
Is it expensive against its own past and its peers?
Usual range 14.6x to 1594.6x since 2019-01.
134% above the Producer Manufacturing median.
The chart loads when you open this tab.
The chart loads when you open this tab.
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.
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
- ROCE11th▼ 9 pts vs a year ago
- Op. margin8thflat vs a year ago
- Revenue growth11th▼ 29 pts vs a year ago
- EPS growth54th▲ 41 pts vs a year ago
- Debt/equity ↓34th▲ 6 pts vs a year ago
- Cash cycle ↓56th▼ 4 pts vs a year ago
- P/E ↓13th▲ 4 pts vs a year ago
- 12M momentum38th▼ 20 pts vs a year ago
Rank history
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?
At a P/E of 95.7x, the price would imply about 34.5%/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 Producer Manufacturing The market-wide Expectations lists
Key figures
- Share Priceclose 9 Nov
- ₹633.00
- P/E
- 69.3x
- ROCE
- 5.0%
- Market Cap
- ₹249 cr
- Revenue (TTM)
- ₹344 cr
- P/S
- 0.7x
- P/B
- 2.4x
- ROE
- 3.5%
- Operating Margin
- 2.3%
- Debt / Equity
- 0.5x
- Promoter Holding
- 63.9%
- 12M Momentum
- -14.5%
52-week range
Price risk
Balance sheet & cash
Are profits backed by cash?
Other income reliance101%Beyond threshold
Other income as a share of pre-tax profit (trailing twelve months): 100.7%. Bands: below 15%, 15% to 35%, above 35%.
Tax rate7%Near threshold
Median quarterly effective tax rate over about 2.5 years: 7.3%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.
Cash conversion2.00xWithin range
Operating cash flow divided by net profit over the last three fiscal years: 2.00x (cash from operations ₹36 cr, net profit ₹18 cr). Bands: 0.8x and above, 0.5x to 0.8x, below 0.5x.
Free cash flow2 of 5 yrsNear threshold
Fiscal years with positive free cash flow in the last 5: 2. Bands: at least 80% of years, 40% to 80%, below 40%.
Receivable days vs history+5 daysWithin range
Debtor days are above the median of the previous three fiscal years by 5 days (77 vs 72). Bands: under 15 days, 15 to 45, over 45.
Capital work in progress1% of fixed assetsWithin range
Capital work-in-progress is 1% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.
Payable days-6 days / 2 yrsWithin range
Days payable changed by -6 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.
Who has been buying and selling?
- Over 2 years, promoters trimmed 1.6 pts.
- The number of shareholders rose from 7,790 to 8,403 (+8%) between Dec 2023 and Jun 2026.
Holdings, Jun '26
How each group changed
Number of shareholders
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.
What happened next to similar setups
- We found 50 past situations where a non-financial company looked like SUNDARAM BRAKE LININGS 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 +33% vs the market, against −6% for all non-financial companies in the same months.
- The analogs' median sat above that base rate (gap +6.5%, 80% range 0% to +10.3%), 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 · 5 beyond the range shown, drawn at the edge
50 past situations · 50 companies · 33 months · 2020–2025
The closest matches
| Company | When | P/E | ROCE | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| KCPSUGIND Process Industries |
May 2023 | 75x | 4% | +3% | −26% | +3% |
| ARTEMISMED Health Services |
Oct 2021 | 70x | 4% | +108% | −17% | +101% |
| ISFT Retail Trade |
Jul 2020 | 47x | 2% | −16% | −37% | +8% |
| EXXARO Producer Manufacturing |
Jul 2023 | 72x | 6% | +12% | −18% | −47% |
| HPIL Process Industries |
Apr 2025 | 84x | 7% | −21% | −34% | +3% |
Show the other 3 matches
| Company | When | P/E | ROCE | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| BIRLACABLE Producer Manufacturing |
Oct 2025 | 78x | 5% | −29% | −33% | +110% |
| DYNPRO Consumer Non-Durables |
Jul 2024 | 126x | 5% | +27% | −7% | +3% |
| KOTARISUG Process Industries |
May 2023 | 139x | 8% | +6% | −23% | −4% |
How reliable is this?
Matched on P/E, P/S, ROCE, operating margin, debt/equity, interest cover, revenue growth, 12-month momentum, drawdown from 12-month high, size and volatility. Closest on: ROCE, 12-month momentum and 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.
What changed?
30 events since Jun '19
- SepResultsYear-on-year EPS growth turned positive.
- SepPeer rankSlipped to the bottom quartile of Producer Manufacturing on operating margin (from the 3rd quartile).
- JunResultsEPS (TTM) turned positive.
- JunPeer rankMoved into the 3rd quartile of Producer Manufacturing on operating margin (from the bottom quartile).
- MarPriceFell 65% from the Dec 2024 peak to the Mar 2026 low.
- DecResultsEPS (TTM) turned negative.
- SepResultsRevenue (TTM) reached a new high of ₹361 cr.
- MarPeer rankSlipped to the bottom quartile of Producer Manufacturing on ROCE (from the 3rd quartile).
Show 22 earlier events
- DecPriceRegained the 2024-09 peak, 1 month after the low.
- NovPriceFell 37% from the Sep 2024 peak to the Nov 2024 low.
- AugPriceRegained the 2024-05 peak, 2 months after the low.
- JunResultsEPS (TTM) turned positive.
- JunPriceFell 26% from the May 2024 peak to the Jun 2024 low.
- JunPeer rankMoved into the 3rd quartile of Producer Manufacturing on ROCE (from the bottom quartile).
- JunDividendStarted paying a dividend (payout 8% of profit).
- AugPriceRegained the 2021-07 peak, 5 months after the low.
- JunResultsEPS (TTM) turned negative.
- AprValuationP/E crossed above the 90th percentile of its own history to date (1642.0x).
- MarPriceFell 41% from the Jul 2021 peak to the Mar 2023 low.
- JunResultsYear-on-year EPS growth turned negative.
- JunValuationP/E crossed above the 90th percentile of its own history to date (1589.7x).
- JunPeer rankSlipped to the bottom quartile of Producer Manufacturing on EPS growth (from the top quartile).
- JunResultsYear-on-year EPS growth turned positive.
- JunPriceRegained the 2019-01 peak, 15 months after the low.
- JunPeer rankSlipped to the bottom quartile of Producer Manufacturing on ROCE (from the 3rd quartile).
- JanValuationP/E crossed above the 90th percentile of its own history to date (53.9x).
- JunResultsYear-on-year EPS growth turned negative.
- JunPeer rankSlipped to the bottom quartile of Producer Manufacturing on EPS growth (from the top quartile).
- MarPriceFell 61% from the Jan 2019 peak to the Mar 2020 low.
- JunPeer rankMoved into the 3rd quartile of Producer Manufacturing on ROCE (from the bottom quartile).
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 | 69.3x | ₹344 cr | 3.5% | 5.0% | 0.5x |
| 2026-10 | 69.0x | ₹344 cr | 3.5% | 5.0% | 0.5x |
| 2026-09 | 74.0x | ₹344 cr | 3.5% | 5.0% | 0.5x |
| 2026-08 | 117.4x | ₹345 cr | 2.5% | 5.0% | 0.5x |
| 2026-07 | 116.9x | ₹345 cr | 2.5% | 5.0% | 0.5x |
| 2026-06 | 126.0x | ₹345 cr | 2.5% | 5.0% | 0.5x |
| 2026-05 | — | ₹351 cr | -3.6% | 8.0% | 0.6x |
| 2026-04 | — | ₹351 cr | -3.6% | 8.0% | 0.6x |
| 2026-03 | — | ₹351 cr | -3.6% | 8.0% | 0.6x |
| 2026-02 | — | ₹355 cr | -1.5% | 8.0% | 0.6x |
| 2026-01 | — | ₹355 cr | -1.5% | 8.0% | 0.6x |
| 2025-12 | — | ₹355 cr | -1.5% | 8.0% | 0.6x |
| 2025-11 | 92.5x | ₹361 cr | 3.2% | 8.0% | 0.6x |
| 2025-10 | 97.9x | ₹361 cr | 3.2% | 8.0% | 0.6x |
| 2025-09 | 94.7x | ₹361 cr | 3.2% | 8.0% | 0.6x |
| 2025-08 | 59.1x | ₹352 cr | 5.2% | 8.0% | 0.6x |
| 2025-07 | 65.5x | ₹352 cr | 5.2% | 8.0% | 0.6x |
| 2025-06 | 60.9x | ₹352 cr | 5.2% | 8.0% | 0.6x |
| 2025-05 | 75.4x | ₹344 cr | 4.7% | 11.0% | 0.5x |
| 2025-04 | 68.1x | ₹344 cr | 4.7% | 11.0% | 0.5x |
| 2025-03 | 65.2x | ₹344 cr | 4.7% | 11.0% | 0.5x |
| 2025-02 | 47.7x | ₹341 cr | 7.1% | 11.0% | 0.5x |
| 2025-01 | 63.2x | ₹341 cr | 7.1% | 11.0% | 0.5x |
| 2024-12 | 77.5x | ₹341 cr | 7.1% | 11.0% | 0.5x |
| 2024-11 | 40.3x | ₹343 cr | 8.5% | 11.0% | 0.5x |
| 2024-10 | 39.0x | ₹343 cr | 8.5% | 11.0% | 0.5x |
| 2024-09 | 48.5x | ₹343 cr | 8.5% | 11.0% | 0.5x |
| 2024-08 | 44.1x | ₹352 cr | 10.6% | 11.0% | 0.5x |
| 2024-07 | 31.5x | ₹352 cr | 10.6% | 11.0% | 0.5x |
| 2024-06 | 30.1x | ₹352 cr | 10.6% | 11.0% | 0.5x |
| 2024-05 | — | ₹355 cr | -5.9% | -1.0% | 0.6x |
| 2024-04 | — | ₹355 cr | -5.9% | -1.0% | 0.6x |
| 2024-03 | — | ₹355 cr | -5.9% | -1.0% | 0.6x |
| 2024-02 | — | ₹355 cr | -5.9% | -1.0% | 0.6x |
| 2024-01 | — | ₹355 cr | -5.9% | -1.0% | 0.6x |
| 2023-12 | — | ₹355 cr | -5.9% | -1.0% | 0.6x |
| 2023-11 | — | ₹355 cr | -5.9% | -1.0% | 0.6x |
| 2023-10 | — | ₹355 cr | -5.9% | -1.0% | 0.6x |
| 2023-09 | — | ₹355 cr | -5.9% | -1.0% | 0.6x |
| 2023-08 | — | ₹355 cr | -5.9% | -1.0% | 0.6x |
| 2023-07 | — | ₹355 cr | -5.9% | -1.0% | 0.6x |
| 2023-06 | — | ₹355 cr | -5.9% | -1.0% | 0.6x |
| 2023-05 | 1624.8x | ₹295 cr | 0.1% | 0.0% | 0.5x |
| 2023-04 | 1642.0x | ₹295 cr | 0.1% | 0.0% | 0.5x |
| 2023-03 | 1416.0x | ₹295 cr | 0.1% | 0.0% | 0.5x |
| 2023-02 | 1473.8x | ₹295 cr | 0.1% | 0.0% | 0.5x |
| 2023-01 | 1602.0x | ₹295 cr | 0.1% | 0.0% | 0.5x |
| 2022-12 | 1626.8x | ₹295 cr | 0.1% | 0.0% | 0.5x |
| 2022-11 | 1582.3x | ₹295 cr | 0.1% | 0.0% | 0.5x |
| 2022-10 | 1726.3x | ₹295 cr | 0.1% | 0.0% | 0.5x |
| 2022-09 | 1723.5x | ₹295 cr | 0.1% | 0.0% | 0.5x |
| 2022-08 | 1841.3x | ₹295 cr | 0.1% | 0.0% | 0.5x |
| 2022-07 | 1716.5x | ₹295 cr | 0.1% | 0.0% | 0.5x |
| 2022-06 | 1589.8x | ₹295 cr | 0.1% | 0.0% | 0.5x |
| 2022-05 | 22.2x | ₹237 cr | 6.7% | 3.0% | 0.3x |
| 2022-04 | 23.8x | ₹237 cr | 6.7% | 3.0% | 0.3x |
| 2022-03 | 22.4x | ₹237 cr | 6.7% | 3.0% | 0.3x |
| 2022-02 | 23.6x | ₹237 cr | 6.7% | 3.0% | 0.3x |
| 2022-01 | 27.1x | ₹237 cr | 6.7% | 3.0% | 0.3x |
| 2021-12 | 24.4x | ₹237 cr | 6.7% | 3.0% | 0.3x |
| 2021-11 | 23.3x | ₹237 cr | 6.7% | 3.0% | 0.3x |
| 2021-10 | 26.1x | ₹237 cr | 6.7% | 3.0% | 0.3x |
| 2021-09 | 26.1x | ₹237 cr | 6.7% | 3.0% | 0.3x |
| 2021-08 | 26.7x | ₹237 cr | 6.7% | 3.0% | 0.3x |
| 2021-07 | 30.3x | ₹237 cr | 6.7% | 3.0% | 0.3x |
| 2021-06 | 28.3x | ₹237 cr | 6.7% | 3.0% | 0.3x |
| 2021-05 | 54.9x | ₹258 cr | 3.0% | 5.0% | 0.3x |
| 2021-04 | 51.8x | ₹258 cr | 3.0% | 5.0% | 0.3x |
| 2021-03 | 54.9x | ₹258 cr | 3.0% | 5.0% | 0.3x |
| 2021-02 | 55.6x | ₹258 cr | 3.0% | 5.0% | 0.3x |
| 2021-01 | 53.9x | ₹258 cr | 3.0% | 5.0% | 0.3x |
| 2020-12 | 48.1x | ₹258 cr | 3.0% | 5.0% | 0.3x |
| 2020-11 | 47.2x | ₹258 cr | 3.0% | 5.0% | 0.3x |
| 2020-10 | 34.3x | ₹258 cr | 3.0% | 5.0% | 0.3x |
| 2020-09 | 35.9x | ₹258 cr | 3.0% | 5.0% | 0.3x |
| 2020-08 | 38.3x | ₹258 cr | 3.0% | 5.0% | 0.3x |
| 2020-07 | 34.7x | ₹258 cr | 3.0% | 5.0% | 0.3x |
| 2020-06 | 34.2x | ₹258 cr | 3.0% | 5.0% | 0.3x |
| 2020-05 | 9.6x | ₹286 cr | 8.5% | 8.0% | 0.4x |
| 2020-04 | 9.8x | ₹286 cr | 8.5% | 8.0% | 0.4x |
| 2020-03 | 8.9x | ₹286 cr | 8.5% | 8.0% | 0.4x |
| 2020-02 | 14.7x | ₹286 cr | 8.5% | 8.0% | 0.4x |
| 2020-01 | 17.5x | ₹286 cr | 8.5% | 8.0% | 0.4x |
| 2019-12 | 17.5x | ₹286 cr | 8.5% | 8.0% | 0.4x |
| 2019-11 | 13.2x | ₹286 cr | 8.5% | 8.0% | 0.4x |
| 2019-10 | 14.5x | ₹286 cr | 8.5% | 8.0% | 0.4x |
| 2019-09 | 14.0x | ₹286 cr | 8.5% | 8.0% | 0.4x |
| 2019-08 | 13.4x | ₹286 cr | 8.5% | 8.0% | 0.4x |
| 2019-07 | 14.3x | ₹286 cr | 8.5% | 8.0% | 0.4x |
| 2019-06 | 17.3x | ₹286 cr | 8.5% | 8.0% | 0.4x |
| 2019-05 | 37.6x | ₹247 cr | 5.0% | 6.0% | 0.4x |
| 2019-04 | 31.4x | ₹247 cr | 5.0% | 6.0% | 0.4x |
| 2019-03 | 33.7x | ₹247 cr | 5.0% | 6.0% | 0.4x |
| 2019-02 | 31.7x | ₹247 cr | 5.0% | 6.0% | 0.4x |
| 2019-01 | 36.1x | ₹247 cr | 5.0% | 6.0% | 0.4x |