Share price
₹148.62 latest close · +68.1% over the last 90 sessions
₹148.62 month-end · +116.4% over 12 months
₹148.62 month-end · +328.7% over 3 years
₹148.62 month-end · +1000.9% since Mar '19
52-week range ₹56.02 to ₹178.98 · 1-year volatility 45.3%
Was the rally earned?
Mostly yes, with a catch.
- Per-share earnings added 142 points, but investors now pay less per rupee of profit (P/E 20.9x to 17.6x), which took 26 points back.
- The share count fell 30%.
Mostly yes, with a catch.
- Per-share earnings added 332 points, but investors now pay less per rupee of profit (P/E 17.9x to 17.6x), which took 3 points back.
- The share count barely moved.
Both mattered.
- Per-share earnings added 338 points and the multiple added 258 points (P/E 7.6x to 17.6x).
- 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
-45.8% (2025-01 peak to 2026-03 low, recovered 2026-07)
-44.4% (2020-01 peak to 2020-06 low, recovered 2021-06)
-40.6% (2022-02 peak to 2022-07 low, recovered 2022-12)
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 8.0x to 28.5x since 2019-03.
25% above the Industrial 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 Industrial Services peers?
Each cell is the company's percentile rank among its Industrial 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
- ROCE86th▲ 7 pts vs a year ago
- Op. margin53rd▼ 20 pts vs a year ago
- Revenue growth95th▲ 30 pts vs a year ago
- EPS growth96th▲ 18 pts vs a year ago
- Debt/equity ↓56th▲ 7 pts vs a year ago
- Cash cycle ↓97thflat vs a year ago
- P/E ↓37th▼ 3 pts vs a year ago
- 12M momentum99th▲ 42 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 Industrial Services sector page Watch it move against Industrial Services in the Observatory
What is the price implying?
At a P/E of 42.6x, the price would imply about 24.3%/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 Industrial Services The market-wide Expectations lists
Key figures
- Share Priceclose 9 Nov
- ₹148.62
- P/E
- 17.6x
- ROCE
- 30.0%
- Market Cap
- ₹535 cr
- Revenue (TTM)
- ₹317 cr
- P/S
- 1.7x
- P/B
- 5.2x
- ROE
- 29.5%
- Operating Margin
- 14.0%
- Debt / Equity
- 0.3x
- Promoter Holding
- 67.5%
- 12M Momentum
- 116.4%
52-week range
Price risk
Balance sheet & cash
Are profits backed by cash?
Other income reliance2%Within range
Other income as a share of pre-tax profit (trailing twelve months): 2.3%. Bands: below 15%, 15% to 35%, above 35%.
Tax rate29%Within range
Median quarterly effective tax rate over about 2.5 years: 28.5%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.
Cash conversion0.33xBeyond threshold
Operating cash flow divided by net profit over the last three fiscal years: 0.33x (cash from operations ₹17 cr, net profit ₹52 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 history+82 daysBeyond threshold
Debtor days are above the median of the previous three fiscal years by 82 days (121 vs 39). Bands: under 15 days, 15 to 45, over 45.
Capital work in progress15% of fixed assetsWithin range
Capital work-in-progress is 15% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.
Payable days+467 days / 2 yrsNear threshold
Days payable changed by +467 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 5.4 pts.
- The number of shareholders rose from 5,413 to 8,613 (+59%) 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 UNIVASTU INDIA 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 −31% to +42% vs the market, against −4% for all non-financial companies in the same months.
- The analogs' median sat below that base rate (gap −6.4%, 80% range −16.4% to −1.2%), 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 · 32 months · 2020–2025
The closest matches
| Company | When | P/E | ROCE | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| KOPRAN Health Technology |
Jul 2021 | 17x | 30% | +400% | −4% | −22% |
| SRM Industrial Services |
Aug 2025 | 19x | 33% | +77% | −9% | −9% |
| SJLOGISTIC Transportation |
Mar 2025 | 34x | 31% | +88% | −26% | −55% |
| BETA Health Technology |
Aug 2021 | 29x | 22% | +315% | −12% | +115% |
| THEJO Distribution Services |
Nov 2020 | 17x | 33% | +141% | −16% | +70% |
Show the other 3 matches
| Company | When | P/E | ROCE | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| GSMFOILS Process Industries |
Oct 2025 | 26x | 46% | +175% | −12% | −71% |
| INFOBEAN Technology Services |
Aug 2020 | 14x | 18% | +102% | −15% | +96% |
| SHAKTIPUMP Producer Manufacturing |
Aug 2021 | 18x | 29% | +280% | −18% | −35% |
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: P/E, drawdown from 12-month high 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 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 Aug '23
- SepPriceFell 28% from the Aug 2026 peak to the Sep 2026 low.
- SepSharesShare count is up 200.0% over 12 months.
- JulPriceRegained the 2025-01 peak, 4 months after the low.
- JunPriceVolume reached 26.6x its 50-day median on 2026-06-16; price +9.1% that day.
- MarPriceFell 46% from the Jan 2025 peak to the Mar 2026 low.
- MarPeer rankMoved into the top quartile of Industrial Services on EPS growth (from the 2nd quartile).
- FebPriceVolume reached 29.5x its 50-day median on 2026-02-25; price +5.6% that day.
- DecPeer rankSlipped to the 2nd quartile of Industrial Services on EPS growth (from the top quartile).
Show 22 earlier events
- OctPriceVolume reached 23.4x its 50-day median on 2025-10-13; price +0.5% that day.
- SepPromoterPromoter holding fell 3.7 pts to 67.5%.
- SepPeer rankMoved into the top quartile of Industrial Services on EPS growth (from the 2nd quartile).
- JulPriceVolume reached 42.1x its 50-day median on 2025-07-11; price +8.5% that day.
- JunPeer rankMoved into the top quartile of Industrial Services on ROCE (from the 2nd quartile).
- JunSharesShare count is up 9.1% over 12 months.
- JunPriceVolume reached 21.6x its 50-day median on 2025-06-06; price +13.2% that day.
- JanPriceVolume reached 22.5x its 50-day median on 2025-01-13; price +9.8% that day.
- DecPeer rankMoved into the 2nd quartile of Industrial Services on EPS growth (from the 3rd quartile).
- DecPriceVolume reached 17.7x its 50-day median on 2024-12-31; price +9.8% that day.
- SepPeer rankSlipped to the 2nd quartile of Industrial Services on operating margin (from the top quartile).
- AugPeer rankSlipped to the 2nd quartile of Industrial Services on ROCE (from the top quartile).
- AugPriceVolume reached 153.6x its 50-day median on 2024-08-19; price -0.1% that day.
- JunResultsRevenue (TTM) reached a new high of ₹121 cr.
- JunPeer rankMoved into the top quartile of Industrial Services on ROCE (from the 2nd quartile).
- MayPriceVolume reached 7.6x its 50-day median on 2024-05-03; price +9.5% that day.
- FebPriceVolume reached 12.6x its 50-day median on 2024-02-09; price +5.0% that day.
- OctPriceRegained the 2022-12 peak, 7 months after the low.
- OctValuationP/E crossed above the 90th percentile of its own history to date (21.1x).
- OctPriceVolume reached 61.1x its 50-day median on 2023-10-05; price +15.6% that day.
- SepPeer rankSlipped to the 2nd quartile of Industrial Services on ROCE (from the top quartile).
- AugPeer rankMoved into the 2nd quartile of Industrial Services on EPS growth (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 history93 months · 2019-03 to 2026-11
| Month | P/E | Revenue (TTM) | ROE | ROCE | Debt / Equity |
|---|---|---|---|---|---|
| 2026-11 | 17.6x | ₹317 cr | 29.5% | 30.0% | 0.3x |
| 2026-10 | 15.3x | ₹317 cr | 29.5% | 30.0% | 0.3x |
| 2026-09 | 15.8x | ₹317 cr | 30.1% | 30.0% | 0.3x |
| 2026-08 | 24.6x | ₹242 cr | 24.3% | 30.0% | 0.3x |
| 2026-07 | 21.4x | ₹242 cr | 24.3% | 30.0% | 0.3x |
| 2026-06 | 14.4x | ₹242 cr | 24.3% | 30.0% | 0.3x |
| 2026-05 | 17.8x | ₹173 cr | 23.8% | 27.0% | 0.4x |
| 2026-04 | 16.0x | ₹173 cr | 23.8% | 27.0% | 0.4x |
| 2026-03 | 13.8x | ₹173 cr | 23.8% | 27.0% | 0.4x |
| 2026-02 | 18.2x | ₹159 cr | 22.5% | 27.0% | 0.4x |
| 2026-01 | 16.5x | ₹159 cr | 22.5% | 27.0% | 0.4x |
| 2025-12 | 18.8x | ₹159 cr | 22.5% | 27.0% | 0.4x |
| 2025-11 | 20.9x | ₹153 cr | 21.3% | 27.0% | 0.4x |
| 2025-10 | 21.6x | ₹153 cr | 21.3% | 27.0% | 0.4x |
| 2025-09 | 23.4x | ₹153 cr | 21.3% | 27.0% | 0.4x |
| 2025-08 | 27.8x | ₹152 cr | 18.8% | 27.0% | 0.4x |
| 2025-07 | 28.3x | ₹152 cr | 18.8% | 27.0% | 0.4x |
| 2025-06 | 27.0x | ₹152 cr | 18.8% | 27.0% | 0.4x |
| 2025-05 | 22.9x | ₹151 cr | 30.8% | 24.0% | 0.7x |
| 2025-04 | 26.2x | ₹151 cr | 30.8% | 24.0% | 0.7x |
| 2025-03 | 21.7x | ₹151 cr | 30.8% | 24.0% | 0.7x |
| 2025-02 | 28.5x | ₹139 cr | 25.0% | 24.0% | 0.7x |
| 2025-01 | 31.4x | ₹139 cr | 25.0% | 24.0% | 0.7x |
| 2024-12 | 33.7x | ₹139 cr | 25.0% | 24.0% | 0.7x |
| 2024-11 | 37.1x | ₹122 cr | 21.2% | 24.0% | 0.7x |
| 2024-10 | 32.7x | ₹122 cr | 21.2% | 24.0% | 0.7x |
| 2024-09 | 31.3x | ₹122 cr | 21.2% | 24.0% | 0.7x |
| 2024-08 | 29.7x | ₹121 cr | 19.2% | 24.0% | 0.7x |
| 2024-07 | 28.2x | ₹121 cr | 19.2% | 24.0% | 0.7x |
| 2024-06 | 30.2x | ₹121 cr | 19.2% | 24.0% | 0.7x |
| 2024-05 | 34.7x | ₹87 cr | 15.6% | 19.0% | 0.7x |
| 2024-04 | 31.9x | ₹87 cr | 15.6% | 19.0% | 0.7x |
| 2024-03 | 23.9x | ₹87 cr | 15.6% | 19.0% | 0.7x |
| 2024-02 | 24.4x | ₹87 cr | 15.6% | 19.0% | 0.7x |
| 2024-01 | 20.7x | ₹87 cr | 15.6% | 19.0% | 0.7x |
| 2023-12 | 17.7x | ₹87 cr | 15.6% | 19.0% | 0.7x |
| 2023-11 | 17.9x | ₹87 cr | 15.6% | 19.0% | 0.7x |
| 2023-10 | 21.1x | ₹87 cr | 15.6% | 19.0% | 0.7x |
| 2023-09 | 16.4x | ₹87 cr | 15.6% | 19.0% | 0.7x |
| 2023-08 | 16.0x | ₹87 cr | 15.6% | 19.0% | 0.7x |
| 2023-07 | 17.5x | ₹87 cr | 15.6% | 19.0% | 0.7x |
| 2023-06 | 18.0x | ₹87 cr | 15.6% | 19.0% | 0.7x |
| 2023-05 | 20.1x | ₹59 cr | 13.2% | 17.0% | 1.0x |
| 2023-04 | 19.6x | ₹59 cr | 13.2% | 17.0% | 1.0x |
| 2023-03 | 18.6x | ₹59 cr | 13.2% | 17.0% | 1.0x |
| 2023-02 | 19.2x | ₹59 cr | 13.2% | 17.0% | 1.0x |
| 2023-01 | 19.7x | ₹59 cr | 13.2% | 17.0% | 1.0x |
| 2022-12 | 20.5x | ₹59 cr | 13.2% | 17.0% | 1.0x |
| 2022-11 | 17.1x | ₹59 cr | 13.2% | 17.0% | 1.0x |
| 2022-10 | 14.4x | ₹59 cr | 13.2% | 17.0% | 1.0x |
| 2022-09 | 16.1x | ₹59 cr | 13.2% | 17.0% | 1.0x |
| 2022-08 | 17.7x | ₹59 cr | 13.2% | 17.0% | 1.0x |
| 2022-07 | 14.4x | ₹59 cr | 13.2% | 17.0% | 1.0x |
| 2022-06 | 14.2x | ₹59 cr | 13.2% | 17.0% | 1.0x |
| 2022-05 | 8.9x | ₹51 cr | 30.3% | 30.0% | 1.2x |
| 2022-04 | 10.0x | ₹51 cr | 30.3% | 30.0% | 1.2x |
| 2022-03 | 10.1x | ₹51 cr | 30.3% | 30.0% | 1.2x |
| 2022-02 | 10.6x | ₹51 cr | 30.3% | 30.0% | 1.2x |
| 2022-01 | 9.2x | ₹51 cr | 30.3% | 30.0% | 1.2x |
| 2021-12 | 7.5x | ₹51 cr | 30.3% | 30.0% | 1.2x |
| 2021-11 | 7.6x | ₹51 cr | 30.3% | 30.0% | 1.2x |
| 2021-10 | 7.6x | ₹51 cr | 30.3% | 30.0% | 1.2x |
| 2021-09 | 5.3x | ₹51 cr | 30.3% | 30.0% | 1.2x |
| 2021-08 | 5.8x | ₹51 cr | 30.3% | 30.0% | 1.2x |
| 2021-07 | 5.5x | ₹51 cr | 30.3% | 30.0% | 1.2x |
| 2021-06 | 5.5x | ₹51 cr | 30.3% | 30.0% | 1.2x |
| 2021-05 | 10.2x | ₹111 cr | 6.1% | 20.0% | 1.4x |
| 2021-04 | 10.9x | ₹111 cr | 6.1% | 20.0% | 1.4x |
| 2021-03 | 10.0x | ₹111 cr | 6.1% | 20.0% | 1.4x |
| 2021-02 | 8.0x | ₹111 cr | 6.1% | 20.0% | 1.4x |
| 2021-01 | 8.5x | ₹111 cr | 6.1% | 20.0% | 1.4x |
| 2020-12 | 8.7x | ₹111 cr | 6.1% | 20.0% | 1.4x |
| 2020-11 | 8.4x | ₹111 cr | 6.1% | 20.0% | 1.4x |
| 2020-10 | 8.1x | ₹111 cr | 6.1% | 20.0% | 1.4x |
| 2020-09 | 8.3x | ₹111 cr | 6.1% | 20.0% | 1.4x |
| 2020-08 | 7.7x | ₹111 cr | 6.1% | 20.0% | 1.4x |
| 2020-07 | 8.4x | ₹111 cr | 6.1% | 20.0% | 1.4x |
| 2020-06 | 8.4x | ₹111 cr | 6.1% | 20.0% | 1.4x |
| 2020-05 | 7.3x | ₹101 cr | 25.0% | 28.0% | 1.4x |
| 2020-04 | 8.6x | ₹101 cr | 25.0% | 28.0% | 1.4x |
| 2020-03 | 9.1x | ₹101 cr | 25.0% | 28.0% | 1.4x |
| 2020-02 | 9.8x | ₹101 cr | 25.0% | 28.0% | 1.4x |
| 2020-01 | 11.0x | ₹101 cr | 25.0% | 28.0% | 1.4x |
| 2019-12 | 11.3x | ₹101 cr | 25.0% | 28.0% | 1.4x |
| 2019-11 | 10.5x | ₹101 cr | 25.0% | 28.0% | 1.4x |
| 2019-10 | 10.3x | ₹101 cr | 25.0% | 28.0% | 1.4x |
| 2019-09 | 10.1x | ₹101 cr | 25.0% | 28.0% | 1.4x |
| 2019-08 | 9.8x | ₹101 cr | 25.0% | 28.0% | 1.4x |
| 2019-07 | 9.1x | ₹101 cr | 25.0% | 28.0% | 1.4x |
| 2019-06 | 9.9x | ₹101 cr | 25.0% | 28.0% | 1.4x |
| 2019-05 | 13.3x | ₹82 cr | 3.9% | 29.0% | 1.0x |
| 2019-04 | 13.3x | ₹82 cr | 3.9% | 29.0% | 1.0x |
| 2019-03 | 13.8x | ₹82 cr | 3.9% | 29.0% | 1.0x |