Share price
₹104.17 latest close · −19.6% over the last 90 sessions
₹104.17 month-end · −24.7% over 12 months
₹104.17 month-end · −49.0% over 3 years
₹104.17 month-end · −70.4% since Jan '19
52-week range ₹93.50 to ₹151.00 · 1-year volatility 30.6%
Was the rally earned?
Mostly earnings.
- Per-share earnings took off 50 points, while the multiple moved less (P/E 27.1x to 36.2x).
- The share count barely moved.
Mostly earnings.
- Per-share earnings took off 119 points, while the multiple moved less (P/E 13.8x to 36.2x).
- The share count barely moved.
Mostly earnings.
- Per-share earnings took off 111 points, while the multiple moved less (P/E 18.4x to 36.2x).
- 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.
Net profit is trailing twelve months as reported with a 60-day lag.
How rough has the ride been?
Drawdown from peak
Largest drawdowns
-77.9% (2021-12 peak to 2026-03 low, not yet recovered)
-64.6% (2019-01 peak to 2020-03 low, recovered 2021-11)
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?
Usual range 8.2x to 36.2x since 2019-01.
61% above the Consumer Services median.
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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 Consumer Services peers?
Each cell is the company's percentile rank among its Consumer Services peers (non-financial companies) that month.
Darker is better-ranked.
Rows marked ↓ are inverted (lower debt, shorter cash cycle and a lower P/E rank higher).
Where it ranks today
- ROCE29th▼ 32 pts vs a year ago
- Op. margin30th▲ 10 pts vs a year ago
- Revenue growth17th▲ 7 pts vs a year ago
- EPS growth25th▲ 10 pts vs a year ago
- Debt/equity ↓84thflat vs a year ago
- Cash cycle ↓27th▼ 5 pts vs a year ago
- P/E ↓27th▼ 23 pts vs a year ago
- 12M momentum43rd▲ 17 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 Consumer Services sector page Watch it move against Consumer Services in the Observatory
What is the price implying?
At a P/E of 7.4x, the price would imply about 2.1%/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 Consumer Services The market-wide Expectations lists
Key figures
- Share Priceclose 9 Nov
- ₹104.17
- P/E
- 36.2x
- ROCE
- 4.0%
- Market Cap
- ₹622 cr
- Revenue (TTM)
- ₹817 cr
- P/S
- 0.8x
- P/B
- 0.7x
- ROE
- 1.9%
- Operating Margin
- 8.0%
- Debt / Equity
- 0.0x
- Promoter Holding
- 63.2%
- 12M Momentum
- -24.7%
52-week range
Price risk
Balance sheet & cash
Are profits backed by cash?
Other income reliance79%Beyond threshold
Other income as a share of pre-tax profit (trailing twelve months): 78.6%. Bands: below 15%, 15% to 35%, above 35%.
Tax rate28%Within range
Median quarterly effective tax rate over about 2.5 years: 27.5%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.
Cash conversion1.01xWithin range
Operating cash flow divided by net profit over the last three fiscal years: 1.01x (cash from operations ₹147 cr, net profit ₹145 cr). Bands: 0.8x and above, 0.5x to 0.8x, below 0.5x.
Free cash flow3 of 5 yrsNear threshold
Fiscal years with positive free cash flow in the last 5: 3. Bands: at least 80% of years, 40% to 80%, below 40%.
Receivable days vs history+27 daysNear threshold
Debtor days are above the median of the previous three fiscal years by 27 days (119 vs 92). 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—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.
Who has been buying and selling?
- Over 2 years, DIIs trimmed 12.9 pts; promoters added 4.8 pts; FIIs added 2.6 pts.
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 TVTODAY NETWORK 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 −20% to +24% vs the market, against −7% for all non-financial companies in the same months.
- The gap against the base rate (+4.0%, 80% range −0.9% to +6.4%) is within what chance and overlapping periods produce.
Where the 50 outcomes landed
Each dot is one past situation (hover or tap for details) · Solid dots are the closest matches, listed below · Shaded is the middle half of all companies in the same months · 3 beyond the range shown, drawn at the edge
50 past situations · 50 companies · 34 months · 2020–2025
The closest matches
| Company | When | P/E | ROCE | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| VARDHACRLC Consumer Non-Durables |
May 2023 | 26x | 6% | −7% | −18% | −23% |
| MUNJALSHOW Producer Manufacturing |
Nov 2022 | 34x | 1% | −10% | −20% | +11% |
| CENTENKA Process Industries |
Jun 2024 | 30x | 3% | +33% | −12% | −14% |
| ANDHRSUGAR Process Industries |
Aug 2025 | 40x | 4% | −35% | −35% | +23% |
| HATHWAY Consumer Services |
Jul 2023 | 43x | 2% | −5% | −17% | +3% |
Show the other 3 matches
| Company | When | P/E | ROCE | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| MANALIPETC Process Industries |
Jun 2025 | 40x | 5% | −25% | −32% | −7% |
| NUCLEUS Technology Services |
Jan 2023 | 26x | 6% | −32% | −32% | +184% |
| SHARDACROP Distribution Services |
Sep 2024 | 35x | 4% | +35% | −7% | +58% |
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 operating margin. 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 else looks like this?
Companies with the most similar financial profile today, regardless of industry.
Similarity is statistical, based on reported metrics; it does not imply similar business quality or future returns.
What changed?
30 events since Jun '24
- NovValuationP/E crossed above the 90th percentile of its own history to date (36.2x).
- SepPeer rankMoved into the 3rd quartile of Consumer Services on operating margin (from the bottom quartile).
- JunPeer rankSlipped to the 3rd quartile of Consumer Services on ROCE (from the 2nd quartile).
- JunDividendDividend payout cut from 24% to 0% of profit.
- JunPriceVolume reached 21.9x its 50-day median on 2026-06-25; price +6.1% that day.
- MarPromoterPromoter holding rose 4.8 pts to 63.2%.
- MarInstitutionsFII + DII holding fell 5.8 pts over 2 quarters to 8.2%.
- MarPriceFell 78% from the Dec 2021 peak to the Mar 2026 low.
Show 22 earlier events
- MarPeer rankMoved into the 3rd quartile of Consumer Services on operating margin (from the bottom quartile).
- JanPriceVolume reached 56.3x its 50-day median on 2026-01-07; price +2.4% that day.
- DecPriceVolume reached 19.6x its 50-day median on 2025-12-23; price +0.1% that day.
- SepResultsYear-on-year EPS growth turned negative.
- SepValuationP/E crossed above the 90th percentile of its own history to date (29.0x).
- SepPeer rankSlipped to the bottom quartile of Consumer Services on EPS growth (from the top quartile).
- JulPriceVolume reached 11.0x its 50-day median on 2025-07-28; price -10.0% that day.
- JunResultsYear-on-year EPS growth turned positive.
- JunPeer rankSlipped to the bottom quartile of Consumer Services on operating margin (from the 3rd quartile).
- JunDividendDividend payout cut from 90% to 24% of profit.
- JunPriceVolume reached 5.8x its 50-day median on 2025-06-25; price +3.0% that day.
- MarResultsYear-on-year EPS growth turned negative.
- MarPeer rankSlipped to the 3rd quartile of Consumer Services on EPS growth (from the top quartile).
- JanPriceVolume reached 9.2x its 50-day median on 2025-01-09; price +2.5% that day.
- DecPeer rankSlipped to the 3rd quartile of Consumer Services on operating margin (from the 2nd quartile).
- SepResultsYear-on-year EPS growth turned positive.
- SepPeer rankMoved into the 2nd quartile of Consumer Services on operating margin (from the 3rd quartile).
- AugPriceVolume reached 39.6x its 50-day median on 2024-08-01; price +10.1% that day.
- JunResultsRevenue (TTM) reached a new high of ₹947 cr.
- JunValuationP/E crossed above the 90th percentile of its own history to date (24.3x).
- JunPeer rankMoved into the 3rd quartile of Consumer Services on EPS growth (from the bottom quartile).
- JunDividendDividend payout cut from 473% to 90% of profit.
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 | 36.2x | ₹817 cr | 1.9% | 4.0% | 0.0x |
| 2026-10 | 33.9x | ₹817 cr | 1.9% | 4.0% | 0.0x |
| 2026-09 | 36.2x | ₹817 cr | 1.9% | 4.0% | 0.0x |
| 2026-08 | 47.8x | ₹809 cr | 1.6% | 4.0% | 0.0x |
| 2026-07 | 47.6x | ₹809 cr | 1.6% | 4.0% | 0.0x |
| 2026-06 | 53.4x | ₹809 cr | 1.6% | 4.0% | 0.0x |
| 2026-05 | 60.5x | ₹845 cr | 1.2% | 12.0% | 0.0x |
| 2026-04 | 59.5x | ₹845 cr | 1.2% | 12.0% | 0.0x |
| 2026-03 | 51.9x | ₹845 cr | 1.2% | 12.0% | 0.0x |
| 2026-02 | 36.9x | ₹865 cr | 2.2% | 12.0% | 0.0x |
| 2026-01 | 36.5x | ₹865 cr | 2.2% | 12.0% | 0.0x |
| 2025-12 | 41.7x | ₹865 cr | 2.2% | 12.0% | 0.0x |
| 2025-11 | 27.1x | ₹886 cr | 3.4% | 12.0% | 0.0x |
| 2025-10 | 28.6x | ₹886 cr | 3.4% | 12.0% | 0.0x |
| 2025-09 | 29.0x | ₹886 cr | 3.4% | 12.0% | 0.0x |
| 2025-08 | 11.8x | ₹997 cr | 8.3% | 12.0% | 0.0x |
| 2025-07 | 12.3x | ₹997 cr | 8.3% | 12.0% | 0.0x |
| 2025-06 | 13.8x | ₹997 cr | 8.3% | 12.0% | 0.0x |
| 2025-05 | 12.9x | ₹995 cr | 9.1% | 11.0% | 0.0x |
| 2025-04 | 12.4x | ₹995 cr | 9.1% | 11.0% | 0.0x |
| 2025-03 | 11.7x | ₹995 cr | 9.1% | 11.0% | 0.0x |
| 2025-02 | 9.3x | ₹1026 cr | 11.4% | 11.0% | 0.0x |
| 2025-01 | 11.5x | ₹1026 cr | 11.4% | 11.0% | 0.0x |
| 2024-12 | 12.3x | ₹1026 cr | 11.4% | 11.0% | 0.0x |
| 2024-11 | 12.2x | ₹1033 cr | 11.3% | 11.0% | 0.0x |
| 2024-10 | 11.9x | ₹1033 cr | 11.3% | 11.0% | 0.0x |
| 2024-09 | 14.1x | ₹1033 cr | 11.3% | 11.0% | 0.0x |
| 2024-08 | 28.8x | ₹947 cr | 6.5% | 11.0% | 0.0x |
| 2024-07 | 27.6x | ₹947 cr | 6.5% | 11.0% | 0.0x |
| 2024-06 | 24.3x | ₹947 cr | 6.5% | 11.0% | 0.0x |
| 2024-05 | 14.5x | ₹878 cr | 10.6% | 13.0% | 0.0x |
| 2024-04 | 15.9x | ₹878 cr | 10.6% | 13.0% | 0.0x |
| 2024-03 | 14.3x | ₹878 cr | 10.6% | 13.0% | 0.0x |
| 2024-02 | 16.2x | ₹878 cr | 10.6% | 13.0% | 0.0x |
| 2024-01 | 16.9x | ₹878 cr | 10.6% | 13.0% | 0.0x |
| 2023-12 | 14.5x | ₹878 cr | 10.6% | 13.0% | 0.0x |
| 2023-11 | 13.8x | ₹878 cr | 10.6% | 13.0% | 0.0x |
| 2023-10 | 14.5x | ₹878 cr | 10.6% | 13.0% | 0.0x |
| 2023-09 | 14.3x | ₹878 cr | 10.6% | 13.0% | 0.0x |
| 2023-08 | 15.2x | ₹878 cr | 10.6% | 13.0% | 0.0x |
| 2023-07 | 13.9x | ₹878 cr | 10.6% | 13.0% | 0.0x |
| 2023-06 | 13.2x | ₹878 cr | 10.6% | 13.0% | 0.0x |
| 2023-05 | 6.3x | ₹930 cr | 15.7% | 22.0% | 0.0x |
| 2023-04 | 6.3x | ₹930 cr | 15.7% | 22.0% | 0.0x |
| 2023-03 | 6.0x | ₹930 cr | 15.7% | 22.0% | 0.0x |
| 2023-02 | 6.9x | ₹930 cr | 15.7% | 22.0% | 0.0x |
| 2023-01 | 8.1x | ₹930 cr | 15.7% | 22.0% | 0.0x |
| 2022-12 | 8.1x | ₹930 cr | 15.7% | 22.0% | 0.0x |
| 2022-11 | 8.1x | ₹930 cr | 15.7% | 22.0% | 0.0x |
| 2022-10 | 9.1x | ₹930 cr | 15.7% | 22.0% | 0.0x |
| 2022-09 | 9.1x | ₹930 cr | 15.7% | 22.0% | 0.0x |
| 2022-08 | 9.3x | ₹930 cr | 15.7% | 22.0% | 0.0x |
| 2022-07 | 9.2x | ₹930 cr | 15.7% | 22.0% | 0.0x |
| 2022-06 | 8.4x | ₹930 cr | 15.7% | 22.0% | 0.0x |
| 2022-05 | 12.2x | ₹783 cr | 13.3% | 21.0% | 0.0x |
| 2022-04 | 18.3x | ₹783 cr | 13.3% | 21.0% | 0.0x |
| 2022-03 | 16.9x | ₹783 cr | 13.3% | 21.0% | 0.0x |
| 2022-02 | 17.0x | ₹783 cr | 13.3% | 21.0% | 0.0x |
| 2022-01 | 17.8x | ₹783 cr | 13.3% | 21.0% | 0.0x |
| 2021-12 | 19.2x | ₹783 cr | 13.3% | 21.0% | 0.0x |
| 2021-11 | 18.4x | ₹783 cr | 13.3% | 21.0% | 0.0x |
| 2021-10 | 14.2x | ₹783 cr | 13.3% | 21.0% | 0.0x |
| 2021-09 | 13.2x | ₹783 cr | 13.3% | 21.0% | 0.0x |
| 2021-08 | 13.2x | ₹783 cr | 13.3% | 21.0% | 0.0x |
| 2021-07 | 13.3x | ₹783 cr | 13.3% | 21.0% | 0.0x |
| 2021-06 | 13.6x | ₹783 cr | 13.3% | 21.0% | 0.0x |
| 2021-05 | 12.6x | ₹857 cr | 15.9% | 25.0% | 0.0x |
| 2021-04 | 12.2x | ₹857 cr | 15.9% | 25.0% | 0.0x |
| 2021-03 | 11.4x | ₹857 cr | 15.9% | 25.0% | 0.0x |
| 2021-02 | 11.4x | ₹857 cr | 15.9% | 25.0% | 0.0x |
| 2021-01 | 10.5x | ₹857 cr | 15.9% | 25.0% | 0.0x |
| 2020-12 | 9.8x | ₹857 cr | 15.9% | 25.0% | 0.0x |
| 2020-11 | 8.7x | ₹857 cr | 15.9% | 25.0% | 0.0x |
| 2020-10 | 8.6x | ₹857 cr | 15.9% | 25.0% | 0.0x |
| 2020-09 | 8.3x | ₹857 cr | 15.9% | 25.0% | 0.0x |
| 2020-08 | 9.8x | ₹857 cr | 15.9% | 25.0% | 0.0x |
| 2020-07 | 8.7x | ₹857 cr | 15.9% | 25.0% | 0.0x |
| 2020-06 | 7.9x | ₹857 cr | 15.9% | 25.0% | 0.0x |
| 2020-05 | 8.0x | ₹742 cr | 14.6% | 26.0% | 0.0x |
| 2020-04 | 8.8x | ₹742 cr | 14.6% | 26.0% | 0.0x |
| 2020-03 | 7.6x | ₹742 cr | 14.6% | 26.0% | 0.0x |
| 2020-02 | 9.8x | ₹742 cr | 14.6% | 26.0% | 0.0x |
| 2020-01 | 11.1x | ₹742 cr | 14.6% | 26.0% | 0.0x |
| 2019-12 | 11.0x | ₹742 cr | 14.6% | 26.0% | 0.0x |
| 2019-11 | 12.8x | ₹742 cr | 14.6% | 26.0% | 0.0x |
| 2019-10 | 14.6x | ₹742 cr | 14.6% | 26.0% | 0.0x |
| 2019-09 | 14.2x | ₹742 cr | 14.6% | 26.0% | 0.0x |
| 2019-08 | 13.8x | ₹742 cr | 14.6% | 26.0% | 0.0x |
| 2019-07 | 12.3x | ₹742 cr | 14.6% | 26.0% | 0.0x |
| 2019-06 | 12.8x | ₹742 cr | 14.6% | 26.0% | 0.0x |
| 2019-05 | 14.5x | ₹721 cr | 18.0% | 31.0% | 0.0x |
| 2019-04 | 15.4x | ₹721 cr | 18.0% | 31.0% | 0.0x |
| 2019-03 | 15.9x | ₹721 cr | 18.0% | 31.0% | 0.0x |
| 2019-02 | 15.8x | ₹721 cr | 18.0% | 31.0% | 0.0x |
| 2019-01 | 17.6x | ₹721 cr | 18.0% | 31.0% | 0.0x |