Share price
₹430.4 latest close · −11.3% over the last 90 sessions
₹430.4 month-end · −3.4% over 12 months
₹430.4 month-end · +36.7% over 3 years
₹430.4 month-end · +43.0% since Jan '19
52-week range ₹382.20 to ₹590.00 · 1-year volatility 22.0%
Was the rally earned?
- The share price was roughly flat over 1 year (-3%).
- The share count barely moved.
Partly.
- Most of the rise came from investors paying a higher multiple (P/E 13.3x to 18.2x); per-share earnings added 0 points.
- The share count barely moved.
Partly.
- Most of the rise came from investors paying a higher multiple (P/E 14.9x to 18.2x); per-share earnings added 0 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.
Net profit is trailing twelve months as reported with a 60-day lag.
How rough has the ride been?
Drawdown from peak
Largest drawdowns
-48.4% (2019-11 peak to 2020-03 low, recovered 2020-07)
-42.3% (2021-07 peak to 2023-06 low, recovered 2024-10)
-39.7% (2024-12 peak to 2025-03 low, not yet recovered)
Is it expensive against its own past and its peers?
Usual range 11.3x to 19.9x since 2019-01.
32% below the Consumer Non-Durables 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 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
- ROCE54thflat vs a year ago
- Revenue growth26th▲ 5 pts vs a year ago
- EPS growth36th▼ 4 pts vs a year ago
- Debt/equity ↓98thflat vs a year ago
- Cash cycle ↓45thflat vs a year ago
- P/E ↓69th▼ 12 pts vs a year ago
- 12M momentum62ndflat 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 Non-Durables sector page Watch it move against Consumer Non-Durables in the Observatory
What is the price implying?
At a P/E of 18.2x, the price would imply about 14.2%/yr earnings growth for 10 years under the same assumptions, but it is not ranked.
Earnings figures have not updated recently, so the company is left out of the lists.
“Implied growth” is what the current price would require under our stated assumptions, not what we expect.
What prices imply across Consumer Non-Durables The market-wide Expectations lists
Key figures
- Share Priceclose 9 Nov
- ₹430.40
- P/E
- 18.2x
- ROCE
- 14.0%
- Market Cap
- ₹216 cr
- Revenue (TTM)
- ₹62 cr
- P/S
- 3.5x
- P/B
- 1.9x
- ROE
- 10.2%
- Debt / Equity
- 0.0x
- Promoter Holding
- 49.9%
- 12M Momentum
- -3.4%
52-week range
Price risk
Balance sheet & cash
Are profits backed by cash?
Other income reliance33%Near threshold
Other income as a share of pre-tax profit (trailing twelve months): 33.3%. Bands: below 15%, 15% to 35%, above 35%.
Tax rate—Not enough data
Not enough reported data to compute this.
Cash conversion—Not enough data
Not enough reported data to compute this.
Free cash flow—Not enough data
Not enough reported data to compute this.
Receivable days vs history0 daysWithin range
Debtor days are below the median of the previous three fiscal years by 0 days (32 vs 32). Bands: under 15 days, 15 to 45, over 45.
Capital work in progress—Not enough data
Not enough reported data to compute this.
Payable days0 days / 2 yrsWithin range
Days payable changed by 0 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 3 years, DIIs trimmed 0.8 pts.
- The number of shareholders fell from 4,963 to 4,646 (-6%) between Sep 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 THE UNITED NILGIRI TEA ESTATES today on valuation, return on capital, debt, growth, price momentum, size and volatility.
- Over the following 12 months the middle half of them returned −20% to +18% vs the market, against 0% for all non-financial companies in the same months.
- The gap against the base rate (+3.0%, 80% range −3.8% to +5.0%) 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 · 2 beyond the range shown, drawn at the edge
50 past situations · 50 companies · 31 months · 2020–2025
The closest matches
| Company | When | P/E | ROCE | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| SASKEN Technology Services |
Feb 2020 | 10x | 17% | −11% | −29% | +15% |
| CHEVIOT Process Industries |
Oct 2025 | — | — | −11% | −19% | +2% |
| XCHANGING Technology Services |
Feb 2020 | 11x | 14% | +13% | −22% | +3% |
| VARDHACRLC Consumer Non-Durables |
Jun 2020 | 6x | 14% | −18% | −20% | −16% |
| SANDESH Consumer Services |
Jun 2020 | 6x | 10% | −26% | −28% | +1% |
Show the other 3 matches
How reliable is this?
Matched on P/E, P/S, ROCE, debt/equity, revenue growth, 12-month momentum, drawdown from 12-month high, size and volatility. Closest on: ROCE, 12-month momentum and drawdown from 12-month high. Not used (unavailable for this company): operating margin 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?
19 events since Aug '19
- JunPeer rankMoved into the 2nd quartile of Consumer Non-Durables on ROCE (from the 3rd quartile).
- MayValuationP/E crossed above the 90th percentile of its own history to date (17.9x).
- MarPriceFell 40% from the Dec 2024 peak to the Mar 2025 low.
- OctPriceRegained the 2021-07 peak, 16 months after the low.
- OctPeer rankSlipped to the 3rd quartile of Consumer Non-Durables on EPS growth (from the 2nd quartile).
- JunPeer rankMoved into the 2nd quartile of Consumer Non-Durables on EPS growth (from the 3rd quartile).
- AprValuationP/E crossed above the 90th percentile of its own history to date (15.0x).
- AprPeer rankSlipped to the 3rd quartile of Consumer Non-Durables on EPS growth (from the 2nd quartile).
Show 11 earlier events
- JunPriceFell 42% from the Jul 2021 peak to the Jun 2023 low.
- JunPeer rankMoved into the 2nd quartile of Consumer Non-Durables on EPS growth (from the 3rd quartile).
- AprValuationP/E crossed above the 90th percentile of its own history to date (16.4x).
- AugPeer rankSlipped to the 3rd quartile of Consumer Non-Durables on EPS growth (from the 2nd quartile).
- JunValuationP/E crossed above the 90th percentile of its own history to date (14.9x).
- JunPeer rankSlipped to the 3rd quartile of Consumer Non-Durables on ROCE (from the 2nd quartile).
- JulPriceRegained the 2019-11 peak, 4 months after the low.
- JunPeer rankMoved into the 2nd quartile of Consumer Non-Durables on ROCE (from the 3rd quartile).
- MarPriceFell 48% from the Nov 2019 peak to the Mar 2020 low.
- NovPriceRegained the 2019-01 peak, 3 months after the low.
- AugPriceFell 33% from the Jan 2019 peak to the Aug 2019 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
| Month | P/E | Revenue (TTM) | ROE | ROCE | Debt / Equity |
|---|---|---|---|---|---|
| 2026-11 | 18.2x | ₹62 cr | 10.2% | 14.0% | 0.0x |
| 2026-10 | 17.4x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2026-09 | 18.1x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2026-08 | 19.2x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2026-07 | 20.4x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2026-06 | 20.0x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2026-05 | 21.8x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2026-04 | 22.7x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2026-03 | 21.5x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2026-02 | 21.2x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2026-01 | 20.1x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2025-12 | 19.4x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2025-11 | 18.9x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2025-10 | 18.4x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2025-09 | 19.5x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2025-08 | 20.3x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2025-07 | 19.7x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2025-06 | 18.8x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2025-05 | 17.9x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2025-04 | 16.6x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2025-03 | 16.8x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2025-02 | 15.5x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2025-01 | 19.8x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2024-12 | 23.1x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2024-11 | 19.8x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2024-10 | 20.6x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2024-09 | 18.0x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2024-08 | 17.4x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2024-07 | 18.1x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2024-06 | 16.7x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2024-05 | 14.1x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2024-04 | 15.0x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2024-03 | 13.4x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2024-02 | 14.7x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2024-01 | 14.2x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2023-12 | 13.7x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2023-11 | 13.3x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2023-10 | 13.2x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2023-09 | 13.3x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2023-08 | 13.9x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2023-07 | 12.5x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2023-06 | 11.8x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2023-05 | 11.3x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2023-04 | 11.4x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2023-03 | 11.4x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2023-02 | 11.5x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2023-01 | 11.3x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2022-12 | 11.8x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2022-11 | 12.3x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2022-10 | 12.6x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2022-09 | 12.5x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2022-08 | 13.2x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2022-07 | 13.9x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2022-06 | 14.2x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2022-05 | 14.8x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2022-04 | 16.4x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2022-03 | 14.3x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2022-02 | 13.2x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2022-01 | 15.1x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2021-12 | 14.0x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2021-11 | 14.9x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2021-10 | 16.0x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2021-09 | 16.6x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2021-08 | 17.4x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2021-07 | 17.9x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2021-06 | 14.9x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2021-05 | 13.8x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2021-04 | 12.8x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2021-03 | 12.6x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2021-02 | 13.0x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2021-01 | 12.9x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2020-12 | 13.8x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2020-11 | 13.8x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2020-10 | 13.2x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2020-09 | 14.5x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2020-08 | 13.4x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2020-07 | 13.3x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2020-06 | 10.3x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2020-05 | 8.9x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2020-04 | 9.3x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2020-03 | 8.2x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2020-02 | 10.4x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2020-01 | 11.5x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2019-12 | 12.4x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2019-11 | 14.0x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2019-10 | 11.2x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2019-09 | 11.0x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2019-08 | 10.5x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2019-07 | 11.2x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2019-06 | 12.3x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2019-05 | 13.1x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2019-04 | 13.0x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2019-03 | 13.4x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2019-02 | 13.5x | ₹62 cr | 10.3% | 14.0% | 0.0x |
| 2019-01 | 12.8x | ₹62 cr | 10.3% | 14.0% | 0.0x |