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VINATI ORGANICS LIMITED (VINATIORGA)

Process Industries · Chemicals: Specialty · 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.80 / 100
Profitability 86Growth 54Balance sheet 100
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.31 / 100
Price 16Earnings 36FII/DII 41

Passes these screensQuality CompounderDebt-light & profitable

Compare withLINDE INDIACOROMANDEL INTERNATIONAL LIMITGUJARAT FLUOROCHEMICALS

Share price

Closing priceAdjusted for splits and bonus issues.

₹1,067.35 latest close · −19.3% over the last 90 sessions

₹1,000₹1,200Jul 3Jul 29Aug 24Sep 17Oct 14Nov 9 ₹1,000₹1,200Jul 3Sep 4Nov 9

₹1,067.35 month-end · −32.4% over 12 months

₹1,000₹1,200₹1,400₹1,600Nov '25Jan '26Apr '26Jun '26Sep '26Nov '26 ₹1,000₹1,200₹1,400₹1,600Nov '25May '26Nov '26

₹1,067.35 month-end · −37.6% over 3 years

₹1,000₹1,500₹2,000Nov '23Jun '24Jan '25Sep '25Apr '26Nov '26 ₹1,000₹1,500₹2,000Nov '23May '25Nov '26

₹1,067.35 month-end · +10.7% since Jun '20

₹1,000₹1,500₹2,000Jun '20Sep '21Jan '23Apr '24Aug '25Nov '26 ₹1,000₹1,500₹2,000Jun '20Sep '23Nov '26

52-week range ₹950.05 to ₹1684.90 · 1-year volatility 25.5%

Was the rally earned?

-32%share price, 1 yearLower P/E held it back

Earnings helped, the multiple did not.

  • Per-share earnings added 4 points, but investors now pay less per rupee of profit (P/E 38.5x to 24.7x), which took 37 points back.
  • 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: −37 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−37 ptsP/E changeShare count change: 0 pts. Points of the price return explained by the share count changing. More shares count against the price.0 ptsShare count changeShare price: −32%−32%Share priceNet profit growth: +5 pts. Points of the price return explained by net profit growing (or shrinking).+5ProfitP/E change: −37 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−37P/EShare count change: 0 pts. Points of the price return explained by the share count changing. More shares count against the price.0SharesShare price: −32%−32%Share price
Net profit growth+5 ptsNet profit rose about 6%, which lifts the price.
P/E change-37 ptsThe P/E fell from 38.5x to 24.7x, which lowers the price.
Share count change0 ptsShare count was little changed. More shares would count against the price.
-38%share price, 3 yearsLower P/E held it back

Earnings helped, the multiple did not.

  • Per-share earnings added 5 points, but investors now pay less per rupee of profit (P/E 41.9x to 24.7x), which took 42 points back.
  • 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: −42 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−42 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: −38%−38%Share priceNet profit growth: +5 pts. Points of the price return explained by net profit growing (or shrinking).+5ProfitP/E change: −42 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−42P/EShare count change: −1 pts. Points of the price return explained by the share count changing. More shares count against the price.−1SharesShare price: −38%−38%Share price
Net profit growth+5 ptsNet profit rose about 7%, which lifts the price.
P/E change-42 ptsThe P/E fell from 41.9x to 24.7x, which lowers the price.
Share count change-1 ptsShare count was little changed. More shares would count against the price.
-43%share price, 5 yearsLower P/E held it back

Earnings helped, the multiple did not.

  • Per-share earnings added 38 points, but investors now pay less per rupee of profit (P/E 71.9x to 24.7x), which took 82 points back.
  • The share count barely moved.
Net profit growth: +39 pts. Points of the price return explained by net profit growing (or shrinking).+39 ptsNet profit growthP/E change: −82 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−82 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: −43%−43%Share priceNet profit growth: +39 pts. Points of the price return explained by net profit growing (or shrinking).+39ProfitP/E change: −82 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−82P/EShare count change: −1 pts. Points of the price return explained by the share count changing. More shares count against the price.−1SharesShare price: −43%−43%Share price
Net profit growth+39 ptsNet profit rose about 67%, which lifts the price.
P/E change-82 ptsThe P/E fell from 71.9x to 24.7x, 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 LINDE INDIA

How rough has the ride been?

Maximum drawdown-59.3%not yet recovered
1-year volatility25.5%annualised
Beta vs sector index0.713-year daily, correlation 0.45
Volume spikes3last 90 sessions, 5x the 50-day median

Drawdown from peak

0%−20%−40%−60%2020202120222023202420252026−57.6% 0%−20%−40%−60%2020202220242026−57.6%
Largest drawdowns

-59.3% (2022-09 peak to 2026-11 low, not yet recovered)

-41.2% (2019-09 peak to 2020-03 low, recovered 2020-09)

-21.0% (2021-10 peak to 2022-02 low, recovered 2022-04)

Most recent volume spikes

2026-10-30: 8.6x the 50-day median, price -4.5% that day

2026-09-18: 5.2x the 50-day median, price -1.2% that day

2026-08-12: 5.9x the 50-day median, price +0.9% 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?

24.7xP/E todayNear its historic low
Against its own history3rd percentile
CheapestMedian 45.1xDearest

Usual range 31.0x to 72.2x since 2020-06.

Against Process Industries24.7x vs 18.1x
This company
24.7x
Sector median
18.1x

36% above the Process Industries median.

10.5x33.7x56.9x80.1xJun '20Oct '21Feb '23Jun '24Oct '25Nov '2610.5x33.7x56.9x80.1xJun '20Aug '22Oct '24Nov '26
P/E (this company)10th to 90th percentile of its own historyIts medianProcess Industries median

The chart loads when you open this tab.

P/B (this company)10th to 90th percentile of its own historyIts medianProcess Industries median

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P/S (this company)10th to 90th percentile of its own historyIts medianProcess Industries 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 Process Industries is valued

Where does it rank among Process Industries peers?

Each cell is the company's percentile rank among its Process Industries 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

  • ROCE82ndflat vs a year ago
  • Op. margin90th▼ 7 pts vs a year ago
  • Revenue growth43rd▼ 24 pts vs a year ago
  • EPS growth48th▼ 22 pts vs a year ago
  • Debt/equity ↓98th▲ 9 pts vs a year ago
  • Cash cycle ↓31st▼ 11 pts vs a year ago
  • P/E ↓35th▲ 9 pts vs a year ago
  • 12M momentum16th▼ 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 Process Industries sector page Watch it move against Process Industries in the Observatory

What is the price implying?

~18%annual earnings growth implied by the priceAbove delivered growth

At normalised P/E (five-year average earnings) of 28.6x, a holder earning 12%/yr needs earnings to grow about 18.3%/yr for 10 years, then trade at 15x.

Delivered5.4%/yrEPS, last 7 fiscal years · 3-yr avg to 3-yr avg
Gap+12.9 ptsimplied minus delivered
Rank260thmost demanding of 856

Over time

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

0%16%32% Jun 2020Nov 2026 0%16%32% Jun 2020Nov 2026

Change the assumptions

Exit P/E / return11%12%13%
12x19.8%20.8%21.9%
15x17.3%18.3%19.4%
20x14.1%15.1%16.2%

Drag a slider to test other assumptions

Implied: 18.3%/yr

Looking back

  • Jan 2021Price implied 22%/yr; EPS has since grown 5%/yr (6.0 yrs)
  • Jan 2022Price implied 31%/yr; EPS has since grown 11%/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 Process Industries The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov
₹1067.35
P/E
24.7x
ROCE
20.0%
Market Cap
₹11067 cr
Revenue (TTM)
₹2381 cr
P/S
4.6x
P/B
3.5x
ROE
14.2%
Operating Margin
24.0%
Debt / Equity
0.0x
Promoter Holding
74.3%
12M Momentum
-32.4%

52-week range

₹950.05₹1684.90
16% of the way from its 52-week low to its high

Price risk

1Y volatility
25.5%
Beta vs sector
1-year daily
0.72

Balance sheet & cash

Debt service
no meaningful debt
Cash from profit, 3Y
operating cash flow ÷ net profit
1.15x
Share count, 1Y
unchanged

Are profits backed by cash?

6 of 7checks within range1 near a threshold
Other income reliance9%Within range

Other income as a share of pre-tax profit (trailing twelve months): 9.0%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate26%Within range

Median quarterly effective tax rate over about 2.5 years: 26.0%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion1.15xWithin range

Operating cash flow divided by net profit over the last three fiscal years: 1.15x (cash from operations ₹1,348 cr, net profit ₹1,172 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-11 daysWithin range

Debtor days are below the median of the previous three fiscal years by 11 days (85 vs 96). Bands: under 15 days, 15 to 45, over 45.

Capital work in progress10% of fixed assetsWithin range

Capital work-in-progress is 10% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.

Payable days+7 days / 2 yrsWithin range

Days payable changed by +7 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 2 years, DIIs added 1.6 pts; FIIs trimmed 1.1 pts.
  • The number of shareholders fell from 1.1 lakh to 83,430 (-22%) between Dec 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupDec '23Jun '26Change
Promoters74.1%74.3%+0.2 pts
FIIs4.7%3.6%-1.1 pts
DIIs7.5%9.2%+1.6 pts
Public and others13.7%12.9%-0.8 pts

Number of shareholders

83,430shareholders-22% since Dec '23
79k88k98k1.1L Dec '23Jun '24Dec '24Jun '25Dec '25Jun '26
Dec '23: 1.1 lakh
Mar '24: 1.1 lakh
Jun '24: 1.0 lakh
Sep '24: 93,508
Dec '24: 89,441
Mar '25: 87,933
Jun '25: 85,960
Sep '25: 85,005
Dec '25: 81,874
Mar '26: 78,602
Jun '26: 83,430
 79k88k98k1.1L Dec '23Dec '24Dec '25Jun '26
Dec '23: 1.1 lakh
Mar '24: 1.1 lakh
Jun '24: 1.0 lakh
Sep '24: 93,508
Dec '24: 89,441
Mar '25: 87,933
Jun '25: 85,960
Sep '25: 85,005
Dec '25: 81,874
Mar '26: 78,602
Jun '26: 83,430

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

+5.6%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 VINATI ORGANICS 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 −13% to +24% vs the market, against −1% for all non-financial companies in the same months.
  • The gap against the base rate (+6.9%, 80% range −0.8% to +8.8%) is within what chance and overlapping periods produce.

Where the 50 outcomes landed

−100%−50%0%+50%+100%
JYOTHYLAB · Aug 2025: −44.5% vs market
ARE&M · Apr 2021: −43.9% vs market
CELLO · Aug 2025: −39.4% vs market
ATUL · Jun 2023: −36.8% vs market
TTKPRESTIG · May 2023: −31.3% vs market
WONDERLA · May 2025: −29.5% vs market
AIAENG · Feb 2021: −25.6% vs market
STARCEMENT · Jun 2020: −21.9% vs market
WHIRLPOOL · May 2022: −20.4% vs market
BHARATRAS · Jun 2023: −17.2% vs market
ROLEXRINGS · May 2025: −14.3% vs market
VESUVIUS · Nov 2020: −14.1% vs market
IGL · Oct 2021: −12.9% vs market
INDIGOPNTS · Jun 2025: −12.8% vs market
FINEORG · Dec 2024: −12.6% vs market
VGUARD · Dec 2020: −11.8% vs market
BOSCHLTD · Feb 2020: −10.0% vs market
CERA · Jun 2025: −6.3% vs market
PIIND · Jan 2024: −4.5% vs market
PGHL · Dec 2022: −1.4% vs market
KANSAINER · May 2022: +0.9% vs market
NESCO · Dec 2021: +1.0% vs market
LMW · Jul 2024: +2.6% vs market
RATNAMANI · Aug 2025: +2.8% vs market
SUMICHEM · Nov 2023: +4.8% vs market
ACC · Dec 2021: +6.3% vs market
ERIS · Aug 2022: +7.1% vs market
SIEMENS · Oct 2020: +8.0% vs market
FDC · Jun 2022: +8.3% vs market
TECHNOE · Jul 2020: +9.7% vs market
FINCABLES · Jun 2020: +11.4% vs market
MCX · Mar 2022: +12.8% vs market
ICRA · Feb 2021: +15.3% vs market
SCHAEFFLER · Mar 2024: +15.9% vs market
SIRCA · Jun 2024: +16.3% vs market
TATATECH · Aug 2025: +17.4% vs market
EMAMILTD · Feb 2024: +18.5% vs market
GREAVESCOT · Jul 2020: +26.4% vs market
ZFCVINDIA · Jan 2025: +28.1% vs market
ESCORTS · May 2021: +28.7% vs market
CUMMINSIND · Aug 2020: +35.7% vs market
GPPL · Jul 2022: +39.4% vs market
AJANTPHARM · Nov 2022: +40.7% vs market
INGERRAND · Feb 2021: +48.9% vs market
GRINDWELL · Aug 2020: +60.6% vs market
CARBORUNIV · Aug 2020: +93.4% vs market
SONACOMS · Oct 2025: +99.1% vs market
ACUTAAS · Feb 2024: +102.8% vs market
SUPREMEIND · Aug 2022: +107.2% vs market
BSE · Jun 2023: +189.5% vs market
Similar setups +5.6%All companies −1.3%← 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
+5.6%
All companies' median
−1.3%
Beat the market
60% vs 49%

50 past situations · 50 companies · 33 months · 2020–2025

The closest matches

CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
CELLO
Consumer Durables		 Aug 2025 35x24% −40%−41% −39%
VESUVIUS
Non-Energy Minerals		 Nov 2020 23x16% −12%−18% −14%
LMW
Producer Manufacturing		 Jul 2024 45x18% +11%−10% +3%
TECHNOE
Industrial Services		 Jul 2020 11x13% −30%−42% +10%
GRINDWELL
Process Industries		 Aug 2020 31x20% −10%−25% +61%
Show the other 3 matches
CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
AJANTPHARM
Health Technology		 Nov 2022 22x29% −11%−20% +41%
FINCABLES
Producer Manufacturing		 Jun 2020 11x18% −35%−37% +11%
WONDERLA
Consumer Services		 May 2025 31x20% −22%−30% −30%
How reliable is this?

Matched on P/E, P/S, ROCE, operating margin, debt/equity, revenue growth, 12-month momentum, drawdown from 12-month high, size and volatility. Closest on: P/E, 12-month momentum and P/S. Not used (unavailable for this company): 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.

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 VINATI ORGANICS LIMITED. 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.

CELLO WORLDCELLO
Consumer Durables
72%similar
revenueEPS growth
RITESRITES
Commercial Services
71%similar
revenuemarket cap
FDCFDC
Health Technology
69%similar
revenueP/E
PROCTER AND GAMBLE HYGIENE HEAPGHH
Consumer Non-Durables
69%similar
debt/equityvolatility
ORKLA INDIAORKLAINDIA
Consumer Non-Durables
66%similar
revenueP/E
SUMITOMO CHEMICAL INDIASUMICHEM
Process Industries
68%similar
operating marginEPS growth
FINE ORGANIC INDUSTRIESFINEORG
Process Industries
66%similar
revenueoperating margin
DHANUKA AGRITECHDHANUKA
Process Industries
58%similar
operating marginrevenue

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

What changed?

30 events since Jul '22

  1. NovPriceFell 59% from the Sep 2022 peak to the Nov 2026 low.
  2. OctPriceVolume reached 8.6x its 50-day median on 2026-10-30; price -4.5% that day.
  3. SepResultsRevenue (TTM) reached a new high of ₹2,381 cr.
  4. SepPeer rankSlipped to the 3rd quartile of Process Industries on EPS growth (from the 2nd quartile).
  5. AugPriceVolume reached 5.9x its 50-day median on 2026-08-12; price +0.9% that day.
  6. AprPriceVolume reached 9.8x its 50-day median on 2026-04-16; price +3.4% that day.
  7. MarResultsRevenue (TTM) reached a new high of ₹2,271 cr.
  8. MarPriceVolume reached 8.7x its 50-day median on 2026-03-27; price -2.6% that day.
Show 22 earlier events
  1. JanValuationP/E fell below the 10th percentile of its own history to date (36.3x).
  2. OctPriceVolume reached 7.1x its 50-day median on 2025-10-03; price -2.5% that day.
  3. SepPriceVolume reached 8.5x its 50-day median on 2025-09-29; price +3.9% that day.
  4. JunResultsYear-on-year EPS growth turned positive.
  5. JunPriceVolume reached 11.4x its 50-day median on 2025-06-10; price -0.9% that day.
  6. AprPeer rankMoved into the 2nd quartile of Process Industries on EPS growth (from the 3rd quartile).
  7. MarPriceVolume reached 19.5x its 50-day median on 2025-03-24; price -0.7% that day.
  8. DecResultsRevenue (TTM) reached a new high of ₹2,076 cr.
  9. DecPriceVolume reached 9.5x its 50-day median on 2024-12-23; price -3.0% that day.
  10. SepPriceVolume reached 6.7x its 50-day median on 2024-09-16; price +0.7% that day.
  11. JunResultsYear-on-year EPS growth turned negative.
  12. JunPeer rankSlipped to the 3rd quartile of Process Industries on EPS growth (from the 2nd quartile).
  13. AprPriceVolume reached 14.3x its 50-day median on 2024-04-10; price +3.7% that day.
  14. MarValuationP/E fell below the 10th percentile of its own history to date (36.1x).
  15. MarPriceVolume reached 5.1x its 50-day median on 2024-03-28; price -2.2% that day.
  16. DecPriceVolume reached 8.7x its 50-day median on 2023-12-27; price +1.4% that day.
  17. JulPriceVolume reached 9.5x its 50-day median on 2023-07-12; price +0.0% that day.
  18. JunResultsRevenue (TTM) reached a new high of ₹2,066 cr.
  19. MayPriceVolume reached 9.5x its 50-day median on 2023-05-26; price +0.0% that day.
  20. FebPriceVolume reached 6.9x its 50-day median on 2023-02-06; price +0.3% that day.
  21. NovPriceVolume reached 5.9x its 50-day median on 2022-11-09; price +4.9% that day.
  22. JulPriceVolume reached 16.5x its 50-day median on 2022-07-26; price +3.1% 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 history78 months · 2020-06 to 2026-11
MonthP/ERevenue (TTM)ROEROCEDebt / Equity
2026-1124.7x₹2381 cr14.2%20.0%0.0x
2026-1022.9x₹2381 cr14.2%20.0%0.0x
2026-0927.0x₹2381 cr14.2%20.0%0.0x
2026-0831.1x₹2227 cr14.0%20.0%0.0x
2026-0730.5x₹2227 cr14.0%20.0%0.0x
2026-0631.2x₹2227 cr14.0%20.0%0.0x
2026-0530.4x₹2271 cr15.9%20.0%0.0x
2026-0430.9x₹2271 cr15.9%20.0%0.0x
2026-0331.0x₹2271 cr15.9%20.0%0.0x
2026-0235.0x₹2262 cr15.6%20.0%0.0x
2026-0136.3x₹2262 cr15.6%20.0%0.0x
2025-1237.8x₹2262 cr15.6%20.0%0.0x
2025-1138.5x₹2265 cr15.2%20.0%0.0x
2025-1040.3x₹2265 cr15.2%20.0%0.0x
2025-0942.3x₹2265 cr15.2%20.0%0.0x
2025-0843.7x₹2248 cr14.5%20.0%0.0x
2025-0746.8x₹2248 cr14.5%20.0%0.0x
2025-0650.5x₹2248 cr14.5%20.0%0.0x
2025-0549.4x₹2150 cr15.7%19.0%0.0x
2025-0443.6x₹2150 cr15.7%19.0%0.0x
2025-0342.4x₹2150 cr15.7%19.0%0.0x
2025-0242.7x₹2076 cr15.0%19.0%0.0x
2025-0146.8x₹2076 cr15.0%19.0%0.0x
2024-1250.5x₹2076 cr15.0%19.0%0.0x
2024-1157.0x₹1986 cr13.7%19.0%0.0x
2024-1060.3x₹1986 cr13.7%19.0%0.0x
2024-0963.8x₹1986 cr13.7%19.0%0.0x
2024-0863.2x₹1900 cr13.1%19.0%0.0x
2024-0770.8x₹1900 cr13.1%19.0%0.0x
2024-0660.9x₹1900 cr13.1%19.0%0.0x
2024-0542.7x₹2066 cr18.9%28.0%0.0x
2024-0440.1x₹2066 cr18.9%28.0%0.0x
2024-0336.1x₹2066 cr18.9%28.0%0.0x
2024-0240.8x₹2066 cr18.9%28.0%0.0x
2024-0142.5x₹2066 cr18.9%28.0%0.0x
2023-1242.8x₹2066 cr18.9%28.0%0.0x
2023-1141.9x₹2066 cr18.9%28.0%0.0x
2023-1042.4x₹2066 cr18.9%28.0%0.0x
2023-0945.3x₹2066 cr18.9%28.0%0.0x
2023-0845.5x₹2066 cr18.9%28.0%0.0x
2023-0744.9x₹2066 cr18.9%28.0%0.0x
2023-0644.7x₹2066 cr18.9%28.0%0.0x
2023-0554.0x₹1616 cr19.0%27.0%0.0x
2023-0458.7x₹1616 cr19.0%27.0%0.0x
2023-0353.6x₹1616 cr19.0%27.0%0.0x
2023-0255.9x₹1616 cr19.0%27.0%0.0x
2023-0154.4x₹1616 cr19.0%27.0%0.0x
2022-1259.2x₹1616 cr19.0%27.0%0.0x
2022-1163.7x₹1616 cr19.0%27.0%0.0x
2022-1056.6x₹1616 cr19.0%27.0%0.0x
2022-0961.9x₹1616 cr19.0%27.0%0.0x
2022-0865.3x₹1616 cr19.0%27.0%0.0x
2022-0764.7x₹1616 cr19.0%27.0%0.0x
2022-0658.8x₹1616 cr19.0%27.0%0.0x
2022-0578.2x₹954 cr17.4%24.0%0.0x
2022-0480.1x₹954 cr17.4%24.0%0.0x
2022-0374.5x₹954 cr17.4%24.0%0.0x
2022-0270.7x₹954 cr17.4%24.0%0.0x
2022-0175.7x₹954 cr17.4%24.0%0.0x
2021-1275.9x₹954 cr17.4%24.0%0.0x
2021-1171.9x₹954 cr17.4%24.0%0.0x
2021-1073.0x₹954 cr17.4%24.0%0.0x
2021-0974.0x₹954 cr17.4%24.0%0.0x
2021-0868.7x₹954 cr17.4%24.0%0.0x
2021-0775.5x₹954 cr17.4%24.0%0.0x
2021-0669.8x₹954 cr17.4%24.0%0.0x
2021-0554.0x₹1029 cr26.1%—0.0x
2021-0452.3x₹1029 cr26.1%—0.0x
2021-0343.1x₹1029 cr26.1%—0.0x
2021-0243.2x₹1029 cr26.1%—0.0x
2021-0137.4x₹1029 cr26.1%—0.0x
2020-1237.2x₹1029 cr26.1%—0.0x
2020-1136.3x₹1029 cr26.1%—0.0x
2020-1037.2x₹1029 cr26.1%—0.0x
2020-0941.1x₹1029 cr26.1%—0.0x
2020-0831.0x₹1029 cr26.1%—0.0x
2020-0730.1x₹1029 cr26.1%—0.0x
2020-0629.7x₹1029 cr26.1%—0.0x

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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