Share price
₹44.87 latest close · −49.7% over the last 90 sessions
₹44.87 month-end · −32.5% over 12 months
₹44.87 month-end · −59.8% over 3 years
₹44.87 month-end · −56.3% since Jun '20
52-week range ₹39.10 to ₹93.15 · 1-year volatility 58.9%
How rough has the ride been?
Drawdown from peak
Largest drawdowns
-74.9% (2020-01 peak to 2026-10 low, not yet recovered)
-30.6% (2019-11 peak to 2019-12 low, recovered 2020-01)
-22.5% (2019-09 peak to 2019-10 low, recovered 2019-11)
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
- ROCE3rd
- Op. margin15th
- Revenue growth38th▼ 22 pts vs a year ago
- EPS growth0th▼ 3 pts vs a year ago
- Debt/equity ↓46th
- Cash cycle ↓44th
- P/E ↓0th▼ 21 pts vs a year ago
- 12M momentum15th
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 Process Industries sector page Watch it move against Process Industries in the Observatory
What is the price implying?
Trailing earnings per share are negative, so a P/E-based figure does not exist. See the loss-makers list on the Expectations Gap page for a revenue-based version.
“Implied growth” is what the current price would require under our stated assumptions, not what we expect.
What prices imply across Process Industries The market-wide Expectations lists
Key figures
- Share Priceclose 9 Nov
- ₹44.87
- ROCE
- -7.0%
- Market Cap
- ₹186 cr
- Revenue (TTM)
- ₹384 cr
- P/S
- 0.5x
- P/B
- 1.3x
- ROE
- -7.2%
- Operating Margin
- 2.8%
- Debt / Equity
- 0.4x
- Promoter Holding
- 69.0%
- 12M Momentum
- -32.5%
52-week range
Price risk
Balance sheet & cash
Are profits backed by cash?
Other income reliance—Not enough data
Not enough reported data to compute this.
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 flow1 of 5 yrsBeyond threshold
Fiscal years with positive free cash flow in the last 5: 1. Bands: at least 80% of years, 40% to 80%, below 40%.
Receivable days vs history—Not enough data
Not enough reported data to compute this.
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.
What changed?
9 events since Dec '19
- OctPriceFell 75% from the Jan 2020 peak to the Oct 2026 low.
- AugResultsRevenue (TTM) reached a new high of ₹350 cr.
- JunResultsEPS (TTM) turned negative.
- NovValuationP/E crossed above the 90th percentile of its own history to date (3987.5x).
- JunValuationP/E crossed above the 90th percentile of its own history to date (3965.0x).
- JunDividendDividend payout cut from 70% to 0% of profit.
- JunDividendStarted paying a dividend (payout 70% of profit).
- JanPriceRegained the 2019-11 peak, 1 month after the low.
Show 1 earlier event
- DecPriceFell 31% from the Nov 2019 peak to the Dec 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 history78 months · 2020-06 to 2026-11
| Month | P/E | Revenue (TTM) | ROE | ROCE | Debt / Equity |
|---|---|---|---|---|---|
| 2026-11 | — | ₹384 cr | -7.2% | -7.0% | 0.4x |
| 2026-10 | — | ₹384 cr | -7.2% | -7.0% | 0.4x |
| 2026-09 | — | ₹384 cr | -7.2% | -7.0% | 0.4x |
| 2026-08 | — | ₹350 cr | -10.4% | -7.0% | 0.4x |
| 2026-07 | — | — | — | — | — |
| 2026-06 | — | — | — | — | — |
| 2026-05 | — | — | — | — | — |
| 2026-04 | — | — | — | — | — |
| 2026-03 | — | — | — | — | — |
| 2026-02 | — | — | — | — | — |
| 2026-01 | — | — | — | — | — |
| 2025-12 | — | — | — | — | — |
| 2025-11 | — | — | — | — | — |
| 2025-10 | — | — | — | — | — |
| 2025-09 | — | — | — | — | — |
| 2025-08 | — | — | — | — | — |
| 2025-07 | — | — | — | — | — |
| 2025-06 | — | — | — | — | — |
| 2025-05 | — | — | — | — | — |
| 2025-04 | — | — | — | — | — |
| 2025-03 | — | — | — | — | — |
| 2025-02 | — | — | — | — | — |
| 2025-01 | — | — | — | — | — |
| 2024-12 | — | — | — | — | — |
| 2024-11 | — | — | — | — | — |
| 2024-10 | — | — | — | — | — |
| 2024-09 | — | — | — | — | — |
| 2024-08 | — | — | — | — | — |
| 2024-07 | — | — | — | — | — |
| 2024-06 | — | — | — | — | — |
| 2024-05 | — | — | — | — | — |
| 2024-04 | — | — | — | — | — |
| 2024-03 | — | — | — | — | — |
| 2024-02 | — | — | — | — | — |
| 2024-01 | — | — | — | — | — |
| 2023-12 | — | — | — | — | — |
| 2023-11 | — | — | — | — | — |
| 2023-10 | — | ₹298 cr | -1.9% | -1.0% | 0.2x |
| 2023-09 | — | ₹298 cr | -1.9% | -1.0% | 0.2x |
| 2023-08 | — | ₹298 cr | -1.9% | -1.0% | 0.2x |
| 2023-07 | — | ₹298 cr | -1.9% | -1.0% | 0.2x |
| 2023-06 | — | ₹298 cr | -1.9% | -1.0% | 0.2x |
| 2023-05 | 3430.0x | ₹292 cr | 0.0% | 1.0% | 0.0x |
| 2023-04 | 3427.5x | ₹292 cr | 0.0% | 1.0% | 0.0x |
| 2023-03 | 2862.5x | ₹292 cr | 0.0% | 1.0% | 0.0x |
| 2023-02 | 3325.0x | ₹292 cr | 0.0% | 1.0% | 0.0x |
| 2023-01 | 3632.5x | ₹292 cr | 0.0% | 1.0% | 0.0x |
| 2022-12 | 3830.0x | ₹292 cr | 0.0% | 1.0% | 0.0x |
| 2022-11 | 3987.5x | ₹292 cr | 0.0% | 1.0% | 0.0x |
| 2022-10 | 3932.5x | ₹292 cr | 0.0% | 1.0% | 0.0x |
| 2022-09 | 4005.0x | ₹292 cr | 0.0% | 1.0% | 0.0x |
| 2022-08 | 4102.5x | ₹292 cr | 0.0% | 1.0% | 0.0x |
| 2022-07 | 4090.0x | ₹292 cr | 0.0% | 1.0% | 0.0x |
| 2022-06 | 3965.0x | ₹292 cr | 0.0% | 1.0% | 0.0x |
| 2022-05 | 57.1x | ₹207 cr | 3.2% | 5.0% | 0.0x |
| 2022-04 | 63.6x | ₹207 cr | 3.2% | 5.0% | 0.0x |
| 2022-03 | 57.9x | ₹207 cr | 3.2% | 5.0% | 0.0x |
| 2022-02 | 66.4x | ₹207 cr | 3.2% | 5.0% | 0.0x |
| 2022-01 | 72.3x | ₹207 cr | 3.2% | 5.0% | 0.0x |
| 2021-12 | 72.2x | ₹207 cr | 3.2% | 5.0% | 0.0x |
| 2021-11 | 70.1x | ₹207 cr | 3.2% | 5.0% | 0.0x |
| 2021-10 | 77.4x | ₹207 cr | 3.2% | 5.0% | 0.0x |
| 2021-09 | 79.6x | ₹207 cr | 3.2% | 5.0% | 0.0x |
| 2021-08 | 81.0x | ₹207 cr | 3.2% | 5.0% | 0.0x |
| 2021-07 | 87.2x | ₹207 cr | 3.2% | 5.0% | 0.0x |
| 2021-06 | 85.7x | ₹207 cr | 3.2% | 5.0% | 0.0x |
| 2021-05 | 26.5x | ₹318 cr | 9.8% | — | 0.1x |
| 2021-04 | 23.7x | ₹318 cr | 9.8% | — | 0.1x |
| 2021-03 | 22.5x | ₹318 cr | 9.8% | — | 0.1x |
| 2021-02 | 25.0x | ₹318 cr | 9.8% | — | 0.1x |
| 2021-01 | 25.8x | ₹318 cr | 9.8% | — | 0.1x |
| 2020-12 | 28.7x | ₹318 cr | 9.8% | — | 0.1x |
| 2020-11 | 24.2x | ₹318 cr | 9.8% | — | 0.1x |
| 2020-10 | 22.3x | ₹318 cr | 9.8% | — | 0.1x |
| 2020-09 | 22.4x | ₹318 cr | 9.8% | — | 0.1x |
| 2020-08 | 22.9x | ₹318 cr | 9.8% | — | 0.1x |
| 2020-07 | 20.4x | ₹318 cr | 9.8% | — | 0.1x |
| 2020-06 | 23.0x | ₹318 cr | 9.8% | — | 0.1x |