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TASTY BITE EATABLES LTD (TASTYBITE)

Consumer Non-Durables · Food: Specialty/Candy · 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.58 / 100
Profitability 43Growth 47Balance sheet 84
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.52 / 100
Price 78Earnings 42FII/DII 37
Compare withBRITANNIA INDUSTRIESTATA CONSUMER PRODUCTSCCL PRODUCTS INDIA

Share price

Closing priceAdjusted for splits and bonus issues.

₹10,081 latest close · +16.2% over the last 90 sessions

₹9,000₹10,000₹11,000Jul 3Jul 29Aug 24Sep 17Oct 14Nov 9 ₹9,000₹10,000₹11,000Jul 3Sep 4Nov 9

₹10,081 month-end · +20.5% over 12 months

₹8,000₹10,000Nov '25Jan '26Apr '26Jun '26Sep '26Nov '26 ₹8,000₹10,000Nov '25May '26Nov '26

₹10,081 month-end · −32.9% over 3 years

₹10,000₹15,000Nov '23Jun '24Jan '25Sep '25Apr '26Nov '26 ₹10,000₹15,000Nov '23May '25Nov '26

₹10,081 month-end · +23.5% since Jan '19

₹10,000₹15,000Jan '19Aug '20Mar '22Sep '23Apr '25Nov '26 ₹10,000₹15,000Jan '19Dec '22Nov '26

52-week range ₹6430.00 to ₹11303.50 · 1-year volatility 38.9%

Was the rally earned?

+21%share price, 1 yearMultiple-driven

Partly.

  • Most of the rise came from investors paying a higher multiple (P/E 57.2x to 71.9x); per-share earnings took off 5 points.
  • The share count barely moved.
Net profit growth: −5 pts. Points of the price return explained by net profit growing (or shrinking).−5 ptsNet profit growthP/E change: +25 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+25 ptsP/E changeShare price: +21%+21%Share priceNet profit growth: −5 pts. Points of the price return explained by net profit growing (or shrinking).−5ProfitP/E change: +25 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+25P/EShare price: +21%+21%Share price
Net profit growth-5 ptsNet profit fell about 4%, which lowers the price.
P/E change+25 ptsThe P/E rose from 57.2x to 71.9x, which lifts the price.
Share count change0 ptsShare count was little changed. More shares would count against the price.
-33%share price, 3 yearsLower P/E held it back

Earnings helped, the multiple did not.

  • Per-share earnings added 14 points, but investors now pay less per rupee of profit (P/E 127.6x to 71.9x), which took 47 points back.
  • The share count barely moved.
Net profit growth: +15 pts. Points of the price return explained by net profit growing (or shrinking).+15 ptsNet profit growthP/E change: −47 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−47 ptsP/E changeShare count change: −1 pts. Points of the price return explained by the share count changing. More shares count against the price.−1 ptsShare count changeShare price: −33%−33%Share priceNet profit growth: +15 pts. Points of the price return explained by net profit growing (or shrinking).+15ProfitP/E change: −47 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−47P/EShare count change: −1 pts. Points of the price return explained by the share count changing. More shares count against the price.−1SharesShare price: −33%−33%Share price
Net profit growth+15 ptsNet profit rose about 20%, which lifts the price.
P/E change-47 ptsThe P/E fell from 127.6x to 71.9x, which lowers the price.
Share count change-1 ptsShare count was little changed. More shares would count against the price.
-25%share price, 5 yearsMultiple-driven

Mostly the multiple.

  • Most of the fall came from investors paying a lower multiple (P/E 87.8x to 71.9x); per-share earnings took off 8 points.
  • The share count barely moved.
Net profit growth: −7 pts. Points of the price return explained by net profit growing (or shrinking).−7 ptsNet profit growthP/E change: −17 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−17 ptsP/E changeShare count change: −1 pts. Points of the price return explained by the share count changing. More shares count against the price.−1 ptsShare count changeShare price: −25%−25%Share priceNet profit growth: −7 pts. Points of the price return explained by net profit growing (or shrinking).−7ProfitP/E change: −17 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−17P/EShare count change: −1 pts. Points of the price return explained by the share count changing. More shares count against the price.−1SharesShare price: −25%−25%Share price
Net profit growth-7 ptsNet profit fell about 8%, which lowers the price.
P/E change-17 ptsThe P/E fell from 87.8x to 71.9x, which lowers the price.
Share count change-1 ptsShare count was little changed. More shares would count against the price.
What do "pts" mean?

"pts" are percentage points of the share price return. The parts add up to the total shown for each period. Because price = P/E × net profit ÷ share count, higher profit pushes the price up, a higher P/E pushes it up, and more shares push it down.

Example: if the price rose 34% and profit growth accounts for +58 pts while a lower P/E accounts for -24 pts, then 58 - 24 = 34. The +58 is not the profit growth rate itself: it is the part of the price move that profit growth explains.

Net profit is trailing twelve months as reported with a 60-day lag.

Compare this with BRITANNIA INDUSTRIES

How rough has the ride been?

Maximum drawdown-68.4%not yet recovered
1-year volatility38.9%annualised
Beta vs sector index0.853-year daily, correlation 0.31
Volume spikes6last 90 sessions, 5x the 50-day median

Drawdown from peak

0%−20%−40%−60%2020202120222023202420252026−67.0% 0%−20%−40%−60%2020202220242026−67.0%
Largest drawdowns

-68.4% (2021-07 peak to 2026-03 low, not yet recovered)

-38.2% (2020-02 peak to 2020-03 low, recovered 2020-07)

-25.9% (2020-07 peak to 2020-10 low, recovered 2021-02)

Most recent volume spikes

2026-11-04: 7x the 50-day median, price +7.0% that day

2026-11-03: 6.7x the 50-day median, price +8.1% that day

2026-10-30: 6.3x the 50-day median, price +4.4% 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?

71.9xP/E todayWithin its usual range
Against its own history26th percentile
CheapestMedian 89.2xDearest

Usual range 61.8x to 228.9x since 2019-01.

Against Consumer Non-Durables71.9x vs 26.8x
This company
71.9x
Sector median
26.8x

169% above the Consumer Non-Durables median.

14.2x115.1x216.1x317.1xJan '19Aug '20Mar '22Oct '23May '25Nov '2614.2x115.1x216.1x317.1xJan '19Sep '21May '24Nov '26
P/E (this company)10th to 90th percentile of its own historyIts medianConsumer Non-Durables median

The chart loads when you open this tab.

P/B (this company)10th to 90th percentile of its own historyIts medianConsumer Non-Durables median

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P/S (this company)10th to 90th percentile of its own historyIts medianConsumer Non-Durables 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 Consumer Non-Durables is valued

Where does it rank among Consumer Non-Durables peers?

Each cell is the company's percentile rank among its Consumer Non-Durables 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

  • ROCE54th▲ 16 pts vs a year ago
  • Op. margin31st▼ 24 pts vs a year ago
  • Revenue growth17th▼ 66 pts vs a year ago
  • EPS growth28th▼ 66 pts vs a year ago
  • Debt/equity ↓70th▲ 17 pts vs a year ago
  • Cash cycle ↓62nd▲ 4 pts vs a year ago
  • P/E ↓15th▼ 12 pts vs a year ago
  • 12M momentum84th▲ 45 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 Consumer Non-Durables sector page Watch it move against Consumer Non-Durables in the Observatory

What is the price implying?

~34%annual earnings growth implied by the priceAbove delivered growth

At normalised P/E (five-year average earnings) of 90.4x, a holder earning 12%/yr needs earnings to grow about 34.0%/yr for 10 years, then trade at 15x.

Delivered4.1%/yrEPS, last 10 fiscal years · 3-yr avg to 3-yr avg
Gap+29.9 ptsimplied minus delivered
Rank56thmost demanding of 856

Over time

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

0%20%41% Jan 2019Nov 2026 0%20%41% Jan 2019Nov 2026

Change the assumptions

Exit P/E / return11%12%13%
12x35.7%37.0%38.2%
15x32.8%34.0%35.1%
20x29.0%30.2%31.3%

Drag a slider to test other assumptions

Implied: 34.0%/yr

Looking back

  • Jan 2020Price implied 31%/yr; EPS has since grown 2%/yr (7.0 yrs)
  • Jan 2021Price implied 31%/yr; EPS has since grown −3%/yr (6.0 yrs)
  • Jan 2022Price implied 33%/yr; EPS has since grown −2%/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 Consumer Non-Durables The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov
₹10081.00
P/E
71.9x
ROCE
14.0%
Market Cap
₹2586 cr
Revenue (TTM)
₹583 cr
P/S
4.4x
P/B
7.6x
ROE
10.5%
Operating Margin
9.5%
Debt / Equity
0.1x
Promoter Holding
74.2%
12M Momentum
20.5%

52-week range

₹6430.00₹11303.50
75% of the way from its 52-week low to its high

Price risk

1Y volatility
38.9%
Beta vs sector
1-year daily
0.95

Balance sheet & cash

Interest cover
operating profit ÷ interest
9.8x
Cash from profit, 3Y
operating cash flow ÷ net profit
1.60x
Share count, 1Y
unchanged

Are profits backed by cash?

6 of 7checks within range1 beyond a threshold
Other income reliance50%Beyond threshold

Other income as a share of pre-tax profit (trailing twelve months): 50.2%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate26%Within range

Median quarterly effective tax rate over about 2.5 years: 25.8%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion1.60xWithin range

Operating cash flow divided by net profit over the last three fiscal years: 1.60x (cash from operations ₹165 cr, net profit ₹103 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+3 daysWithin range

Debtor days are above the median of the previous three fiscal years by 3 days (47 vs 44). Bands: under 15 days, 15 to 45, over 45.

Capital work in progress7% of fixed assetsWithin range

Capital work-in-progress is 7% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.

Payable days+14 days / 2 yrsWithin range

Days payable changed by +14 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 3 years, institutional and promoter holdings were broadly unchanged.
  • The number of shareholders rose from 13,702 to 18,396 (+34%) between Sep 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupSep '23Jun '26Change
Promoters74.2%74.2%0.0 pts
FIIs3.7%3.7%0.0 pts
DIIs0.5%0.0%-0.5 pts
Public and others21.6%22.0%+0.5 pts

Number of shareholders

18,396shareholders+34% since Sep '23
13k16k19k22k Sep '23Jun '24Mar '25Dec '25Jun '26
Sep '23: 13,702
Dec '23: 13,937
Mar '24: 13,250
Jun '24: 14,820
Sep '24: 22,179
Dec '24: 21,645
Mar '25: 21,777
Jun '25: 19,920
Sep '25: 19,693
Dec '25: 19,783
Mar '26: 19,212
Jun '26: 18,396
 13k16k19k22k Sep '23Sep '24Sep '25Jun '26
Sep '23: 13,702
Dec '23: 13,937
Mar '24: 13,250
Jun '24: 14,820
Sep '24: 22,179
Dec '24: 21,645
Mar '25: 21,777
Jun '25: 19,920
Sep '25: 19,693
Dec '25: 19,783
Mar '26: 19,212
Jun '26: 18,396

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

−7.3%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 TASTY BITE EATABLES LTD today on valuation, return on capital, margins, debt, growth, price momentum, size and volatility.
  • Over the following 12 months the middle half of them returned −28% to +21% vs the market, against −2% for all non-financial companies in the same months.
  • The gap against the base rate (−4.9%, 80% range −12.7% to +3.2%) is within what chance and overlapping periods produce.

Where the 50 outcomes landed

−100%−50%0%+50%+100%
ORIENTCEM · May 2025: −60.5% vs market
FMGOETZE · Jan 2020: −60.0% vs market
VAIBHAVGBL · Aug 2023: −51.3% vs market
NGLFINE · Mar 2024: −47.8% vs market
SMSPHARMA · Apr 2021: −46.7% vs market
SHALBY · Jun 2021: −43.6% vs market
MIDHANI · Jan 2024: −41.2% vs market
VIDHIING · Jan 2025: −39.6% vs market
ORIENTHOT · Nov 2024: −38.9% vs market
XPROINDIA · Nov 2024: −32.9% vs market
MAHLOG · Mar 2021: −29.6% vs market
CERA · Mar 2023: −28.7% vs market
ADFFOODS · Jul 2023: −27.9% vs market
5PAISA · Nov 2023: −26.6% vs market
SHILPAMED · Apr 2020: −26.5% vs market
PRIVISCL · Sep 2021: −22.7% vs market
APCOTEXIND · Sep 2022: −22.1% vs market
GREENPLY · Oct 2021: −20.7% vs market
JTEKTINDIA · Nov 2022: −17.9% vs market
METROPOLIS · May 2024: −16.2% vs market
BUTTERFLY · Jun 2022: −14.4% vs market
JUBLINGREA · Nov 2024: −13.1% vs market
GREENLAM · Mar 2022: −13.1% vs market
FINPIPE · Aug 2023: −11.6% vs market
THEJO · Oct 2023: −9.5% vs market
SILVERTUC · May 2024: −5.2% vs market
SUNDROP · Jan 2020: −2.3% vs market
SUNDRMFAST · Feb 2021: −1.0% vs market
PRECWIRE · Jan 2024: −0.3% vs market
BEML · Jan 2024: +1.5% vs market
BOROLTD · Jul 2023: +3.1% vs market
RADICO · Apr 2023: +5.5% vs market
THERMAX · Dec 2021: +6.2% vs market
CENTURYPLY · Oct 2021: +6.7% vs market
POLYMED · Feb 2023: +11.7% vs market
MINDACORP · Apr 2022: +15.7% vs market
ASTRAMICRO · Apr 2024: +17.0% vs market
JAMNAAUTO · May 2021: +22.4% vs market
RUPA · Jan 2021: +26.8% vs market
KOTHARIPET · Aug 2023: +31.9% vs market
ARVSMART · Jan 2024: +37.5% vs market
VIJAYA · Apr 2024: +40.8% vs market
BECTORFOOD · Feb 2023: +42.0% vs market
HINDCOPPER · Jul 2023: +54.5% vs market
JYOTHYLAB · Feb 2023: +62.6% vs market
KKCL · May 2022: +83.3% vs market
KPITTECH · Sep 2021: +92.4% vs market
HBLENGINE · Jun 2023: +120.2% vs market
FLUOROCHEM · Apr 2021: +183.8% vs market
SHAILY · May 2024: +201.9% vs market
Similar setups −7.3%All companies −2.4%← 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
−7.3%
All companies' median
−2.4%
Beat the market
42% vs 47%

50 past situations · 50 companies · 32 months · 2020–2025

The closest matches

CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
XPROINDIA
Process Industries		 Nov 2024 68x15% +66%−1% −33%
APCOTEXIND
Process Industries		 Sep 2022 78x— +39%−13% −22%
BECTORFOOD
Consumer Non-Durables		 Feb 2023 52x14% +62%−9% +42%
RUPA
Consumer Non-Durables		 Jan 2021 37x14% +43%−6% +27%
ASTRAMICRO
Electronic Technology		 Apr 2024 87x17% +126%−3% +17%
Show the other 3 matches
CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
KKCL
Consumer Non-Durables		 May 2022 77x6% +36%−12% +83%
FMGOETZE
Producer Manufacturing		 Jan 2020 33x19% +20%−8% −60%
THERMAX
Producer Manufacturing		 Dec 2021 103x10% +97%−3% +6%
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, drawdown from 12-month high 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 TASTY BITE EATABLES LTD. The comparison covers only 2020–2025, a single market period, and only companies still listed today. Companies that were delisted or went bankrupt are missing, which makes past outcomes look better than they were. Returns exclude dividends and are measured against an ApnaFunda-built index, not an official benchmark. Fundamentals are matched on a 60-day assumed reporting lag, not actual announcement dates. Its historical skill has not yet been measured. Past patterns may not repeat.

Methodology

How historical analogs are built

Data as of 2026-11-09. Outcome pool: Jan 2020 to Oct 2025.

For every company we look at the situation it is in today (valuation, return on capital, margins, debt, growth, 12-month price momentum, drawdown, size and volatility) and find past company-months that looked most like it. We then show what happened to those past situations over the following 12 months, measured against the ApnaFunda All index and against the base rate. It describes history. It does not predict anything.

What is compared

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.

BLS E-SERVICESBLSE
Technology Services
62%similar
volatilitymarket cap
JTEKT INDIAJTEKTINDIA
Consumer Durables
57%similar
operating margindebt/equity
KOTHARI PETROCHEMICALSKOTHARIPET
Process Industries
56%similar
P/Evolatility
ORIENTAL HOTELSORIENTHOT
Consumer Services
56%similar
EPS growthrevenue
MISHRA DHATU NIGAMMIDHANI
Non-Energy Minerals
55%similar
promoter holdingP/E
RELAXO FOOTWEARSRELAXO
Consumer Non-Durables
49%similar
EPS growthdebt/equity
VIDHI SPECIALTY FOOD INGVIDHIING
Consumer Non-Durables
49%similar
volatilityrevenue
GOPAL SNACKSGOPAL
Consumer Non-Durables
46%similar
market capROCE

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

What changed?

30 events since Dec '23

  1. NovPriceVolume reached 7.0x its 50-day median on 2026-11-04; price +7.0% that day.
  2. SepResultsYear-on-year EPS growth turned negative.
  3. SepPeer rankSlipped to the 3rd quartile of Consumer Non-Durables on EPS growth (from the top quartile).
  4. AugPriceVolume reached 69.9x its 50-day median on 2026-08-14; price +10.1% that day.
  5. JunPeer rankMoved into the 2nd quartile of Consumer Non-Durables on ROCE (from the 3rd quartile).
  6. JunDividendDividend payout cut from 2% to 1% of profit.
  7. MayPriceVolume reached 22.3x its 50-day median on 2026-05-07; price +13.8% that day.
  8. MarPriceFell 68% from the Jul 2021 peak to the Mar 2026 low.
Show 22 earlier events
  1. MarPeer rankMoved into the 2nd quartile of Consumer Non-Durables on operating margin (from the bottom quartile).
  2. FebPriceVolume reached 30.0x its 50-day median on 2026-02-16; price +6.4% that day.
  3. DecPeer rankSlipped to the bottom quartile of Consumer Non-Durables on operating margin (from the 2nd quartile).
  4. SepResultsYear-on-year EPS growth turned positive.
  5. SepValuationP/E fell below the 10th percentile of its own history to date (60.7x).
  6. SepPeer rankMoved into the 2nd quartile of Consumer Non-Durables on operating margin (from the 3rd quartile).
  7. AugPriceVolume reached 14.7x its 50-day median on 2025-08-07; price +0.4% that day.
  8. JunResultsRevenue (TTM) reached a new high of ₹554 cr.
  9. JunPeer rankSlipped to the 3rd quartile of Consumer Non-Durables on ROCE (from the 2nd quartile).
  10. MarPeer rankMoved into the 2nd quartile of Consumer Non-Durables on operating margin (from the 3rd quartile).
  11. FebPriceVolume reached 8.0x its 50-day median on 2025-02-24; price +2.9% that day.
  12. DecPeer rankMoved into the 3rd quartile of Consumer Non-Durables on operating margin (from the bottom quartile).
  13. SepResultsYear-on-year EPS growth turned negative.
  14. SepPeer rankSlipped to the bottom quartile of Consumer Non-Durables on operating margin (from the 3rd quartile).
  15. AugPriceVolume reached 82.5x its 50-day median on 2024-08-21; price +10.6% that day.
  16. JunResultsRevenue (TTM) reached a new high of ₹540 cr.
  17. JunValuationP/E fell below the 10th percentile of its own history to date (65.8x).
  18. JunPeer rankMoved into the 2nd quartile of Consumer Non-Durables on ROCE (from the 3rd quartile).
  19. JunDividendDividend payout cut from 2% to 1% of profit.
  20. JunPriceVolume reached 10.8x its 50-day median on 2024-06-14; price +1.9% that day.
  21. JanPriceVolume reached 38.9x its 50-day median on 2024-01-02; price +12.6% that day.
  22. DecPriceVolume reached 8.0x its 50-day median on 2023-12-29; price -3.4% 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
2026-1171.9x₹583 cr10.5%14.0%0.1x
2026-1069.5x₹583 cr10.5%14.0%0.1x
2026-0967.7x₹583 cr10.5%14.0%0.1x
2026-0873.7x₹549 cr10.3%14.0%0.1x
2026-0767.1x₹549 cr10.3%14.0%0.1x
2026-0661.7x₹549 cr10.3%14.0%0.1x
2026-0555.1x₹565 cr11.4%11.0%0.2x
2026-0450.6x₹565 cr11.4%11.0%0.2x
2026-0347.2x₹565 cr11.4%11.0%0.2x
2026-0259.5x₹566 cr9.9%11.0%0.2x
2026-0156.3x₹566 cr9.9%11.0%0.2x
2025-1264.8x₹566 cr9.9%11.0%0.2x
2025-1157.2x₹590 cr12.0%11.0%0.2x
2025-1061.4x₹590 cr12.0%11.0%0.2x
2025-0960.7x₹590 cr12.0%11.0%0.2x
2025-0895.4x₹554 cr8.2%11.0%0.2x
2025-07114.1x₹554 cr8.2%11.0%0.2x
2025-06111.3x₹554 cr8.2%11.0%0.2x
2025-05123.0x₹530 cr7.7%17.0%0.3x
2025-04110.6x₹530 cr7.7%17.0%0.3x
2025-0396.0x₹530 cr7.7%17.0%0.3x
2025-02148.6x₹484 cr5.3%17.0%0.3x
2025-01159.5x₹484 cr5.3%17.0%0.3x
2024-12167.7x₹484 cr5.3%17.0%0.3x
2024-11168.1x₹472 cr5.7%17.0%0.3x
2024-10186.1x₹472 cr5.7%17.0%0.3x
2024-09197.2x₹472 cr5.7%17.0%0.3x
2024-0886.4x₹540 cr14.5%17.0%0.3x
2024-0761.7x₹540 cr14.5%17.0%0.3x
2024-0665.8x₹540 cr14.5%17.0%0.3x
2024-0586.9x₹476 cr12.3%14.0%0.5x
2024-04101.0x₹476 cr12.3%14.0%0.5x
2024-03105.0x₹476 cr12.3%14.0%0.5x
2024-02111.3x₹476 cr12.3%14.0%0.5x
2024-01119.1x₹476 cr12.3%14.0%0.5x
2023-12113.0x₹476 cr12.3%14.0%0.5x
2023-11127.6x₹476 cr12.3%14.0%0.5x
2023-10133.3x₹476 cr12.3%14.0%0.5x
2023-09138.6x₹476 cr12.3%14.0%0.5x
2023-08146.4x₹476 cr12.3%14.0%0.5x
2023-07120.8x₹476 cr12.3%14.0%0.5x
2023-06115.6x₹476 cr12.3%14.0%0.5x
2023-05292.1x₹372 cr4.6%6.0%0.6x
2023-04229.8x₹372 cr4.6%6.0%0.6x
2023-03199.3x₹372 cr4.6%6.0%0.6x
2023-02227.6x₹372 cr4.6%6.0%0.6x
2023-01252.5x₹372 cr4.6%6.0%0.6x
2022-12261.0x₹372 cr4.6%6.0%0.6x
2022-11289.8x₹372 cr4.6%6.0%0.6x
2022-10300.1x₹372 cr4.6%6.0%0.6x
2022-09296.2x₹372 cr4.6%6.0%0.6x
2022-08317.1x₹372 cr4.6%6.0%0.6x
2022-07291.9x₹372 cr4.6%6.0%0.6x
2022-06233.7x₹372 cr4.6%6.0%0.6x
2022-0561.9x₹385 cr18.8%18.0%0.8x
2022-0476.5x₹385 cr18.8%18.0%0.8x
2022-0370.6x₹385 cr18.8%18.0%0.8x
2022-0276.8x₹385 cr18.8%18.0%0.8x
2022-0183.5x₹385 cr18.8%18.0%0.8x
2021-1290.2x₹385 cr18.8%18.0%0.8x

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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