अApnaFunda

WENDT (INDIA) LIMITED (WENDT)

Producer Manufacturing · Industrial Machinery · 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.56 / 100
Profitability 46Growth 22Balance 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.51 / 100
Price 42Earnings 26FII/DII 85

Share price

Closing priceAdjusted for splits and bonus issues.

₹7,405.5 latest close · −8.1% over the last 90 sessions

₹7,000₹8,000₹9,000Jul 3Jul 29Aug 24Sep 17Oct 14Nov 9 ₹7,000₹8,000₹9,000Jul 3Sep 4Nov 9

₹7,405.5 month-end · −8.1% over 12 months

₹6,000₹7,000₹8,000Nov '25Jan '26Apr '26Jun '26Sep '26Nov '26 ₹6,000₹7,000₹8,000Nov '25May '26Nov '26

₹7,405.5 month-end · −46.9% over 3 years

₹5,000₹10,000₹15,000Nov '23Jun '24Jan '25Sep '25Apr '26Nov '26 ₹5,000₹10,000₹15,000Nov '23May '25Nov '26

₹7,405.5 month-end · +143.0% since Jan '19

₹5,000₹10,000₹15,000Jan '19Aug '20Mar '22Sep '23Apr '25Nov '26 ₹5,000₹10,000₹15,000Jan '19Dec '22Nov '26

52-week range ₹5841.50 to ₹9100.00 · 1-year volatility 36.1%

Was the rally earned?

-8%share price, 1 yearEarnings-driven

Mostly earnings.

  • Per-share earnings took off 71 points, while the multiple moved less (P/E 45.3x to 87.4x).
  • The share count barely moved.
Net profit growth: −71 pts. Points of the price return explained by net profit growing (or shrinking).−71 ptsNet profit growthP/E change: +63 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+63 ptsP/E changeShare price: −8%−8%Share priceNet profit growth: −71 pts. Points of the price return explained by net profit growing (or shrinking).−71ProfitP/E change: +63 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+63P/EShare price: −8%−8%Share price
Net profit growth-71 ptsNet profit fell about 52%, which lowers the price.
P/E change+63 ptsThe P/E rose from 45.3x to 87.4x, which lifts the price.
Share count change0 ptsShare count was little changed. More shares would count against the price.
-47%share price, 3 yearsEarnings-driven

Mostly earnings.

  • Per-share earnings took off 64 points, while the multiple moved less (P/E 69.6x to 87.4x).
  • The share count barely moved.
Net profit growth: −64 pts. Points of the price return explained by net profit growing (or shrinking).−64 ptsNet profit growthP/E change: +17 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+17 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: −47%−47%Share priceNet profit growth: −64 pts. Points of the price return explained by net profit growing (or shrinking).−64ProfitP/E change: +17 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+17P/EShare count change: 0 pts. Points of the price return explained by the share count changing. More shares count against the price.0SharesShare price: −47%−47%Share price
Net profit growth-64 ptsNet profit fell about 58%, which lowers the price.
P/E change+17 ptsThe P/E rose from 69.6x to 87.4x, which lifts the price.
Share count change0 ptsShare count was little changed. More shares would count against the price.
+45%share price, 5 yearsEarnings-driven

Mostly yes.

  • Per-share earnings added 34 points to the rise, while the multiple moved less (P/E 80.2x to 87.4x).
  • The share count barely moved.
Net profit growth: +32 pts. Points of the price return explained by net profit growing (or shrinking).+32 ptsNet profit growthP/E change: +10 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+10 ptsP/E changeShare count change: +2 pts. Points of the price return explained by the share count changing. More shares count against the price.+2 ptsShare count changeShare price: +45%+45%Share priceNet profit growth: +32 pts. Points of the price return explained by net profit growing (or shrinking).+32ProfitP/E change: +10 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+10P/EShare count change: +2 pts. Points of the price return explained by the share count changing. More shares count against the price.+2SharesShare price: +45%+45%Share price
Net profit growth+32 ptsNet profit rose about 30%, which lifts the price.
P/E change+10 ptsThe P/E rose from 80.2x to 87.4x, which lifts the price.
Share count change+2 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 WELSPUN CORP

How rough has the ride been?

Maximum drawdown-65.7%not yet recovered
1-year volatility36.1%annualised
Beta vs sector index0.863-year daily, correlation 0.43
Volume spikes7last 90 sessions, 5x the 50-day median

Drawdown from peak

0%−20%−40%−60%2020202120222023202420252026−63.5% 0%−20%−40%−60%2020202220242026−63.5%
Largest drawdowns

-65.7% (2024-12 peak to 2026-03 low, not yet recovered)

-46.9% (2019-10 peak to 2020-03 low, recovered 2020-08)

-36.0% (2019-01 peak to 2019-07 low, recovered 2019-10)

Most recent volume spikes

2026-10-21: 9.8x the 50-day median, price -3.7% that day

2026-09-15: 7.7x the 50-day median, price -2.6% that day

2026-09-11: 5.8x the 50-day median, price +1.6% 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?

87.4xP/E todayNear its historic high
Against its own history94th percentile
CheapestMedian 61.9xDearest

Usual range 37.5x to 80.0x since 2019-01.

Against Producer Manufacturing87.4x vs 29.6x
This company
87.4x
Sector median
29.6x

196% above the Producer Manufacturing median.

10.6x44.8x79.1x113.3xJan '19Aug '20Mar '22Oct '23May '25Nov '2610.6x44.8x79.1x113.3xJan '19Sep '21May '24Nov '26
P/E (this company)10th to 90th percentile of its own historyIts medianProducer Manufacturing median

The chart loads when you open this tab.

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

The chart loads when you open this tab.

P/S (this company)10th to 90th percentile of its own historyIts medianProducer Manufacturing 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 Producer Manufacturing is valued

Where does it rank among Producer Manufacturing peers?

Each cell is the company's percentile rank among its Producer Manufacturing 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

  • ROCE20th▼ 44 pts vs a year ago
  • Op. margin73rd▲ 11 pts vs a year ago
  • Revenue growth32nd▼ 9 pts vs a year ago
  • EPS growth11th▼ 22 pts vs a year ago
  • Debt/equity ↓98th▲ 6 pts vs a year ago
  • Cash cycle ↓32nd▼ 9 pts vs a year ago
  • P/E ↓9th▼ 26 pts vs a year ago
  • 12M momentum47th▲ 40 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 Producer Manufacturing sector page Watch it move against Producer Manufacturing in the Observatory

What is the price implying?

~23%annual earnings growth implied by the priceAbove delivered growth

At normalised P/E (five-year average earnings) of 45.7x, a holder earning 12%/yr needs earnings to grow about 23.1%/yr for 10 years, then trade at 15x.

Delivered13.2%/yrEPS, last 10 fiscal years · 3-yr avg to 3-yr avg
Gap+10.0 ptsimplied minus delivered
Rank325thmost demanding of 856

Over time

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

0%19%38% Jan 2019Nov 2026 0%19%38% Jan 2019Nov 2026

Change the assumptions

Exit P/E / return11%12%13%
12x24.5%25.6%26.7%
15x22.0%23.1%24.2%
20x18.9%20.0%21.0%

Drag a slider to test other assumptions

Implied: 23.1%/yr

Looking back

  • Jan 2020Price implied 21%/yr; EPS has since grown 0%/yr (7.0 yrs)
  • Jan 2021Price implied 25%/yr; EPS has since grown 7%/yr (6.0 yrs)
  • Jan 2022Price implied 31%/yr; EPS has since grown 3%/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 Producer Manufacturing The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov
₹7405.50
P/E
87.4x
ROCE
8.0%
Market Cap
₹1481 cr
Revenue (TTM)
₹255 cr
P/S
5.8x
P/B
5.8x
ROE
6.7%
Operating Margin
15.4%
Debt / Equity
0.0x
Promoter Holding
37.5%
12M Momentum
-8.1%

52-week range

₹5841.50₹9100.00
48% of the way from its 52-week low to its high

Price risk

1Y volatility
36.1%
Beta vs sector
1-year daily
0.98

Balance sheet & cash

Debt service
no meaningful debt
Cash from profit, 3Y
operating cash flow ÷ net profit
0.91x
Share count, 1Y
unchanged

Are profits backed by cash?

6 of 7checks within range1 near a threshold
Other income reliance20%Near threshold

Other income as a share of pre-tax profit (trailing twelve months): 20.4%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate31%Within range

Median quarterly effective tax rate over about 2.5 years: 30.9%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion0.91xWithin range

Operating cash flow divided by net profit over the last three fiscal years: 0.91x (cash from operations ₹86 cr, net profit ₹95 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-2 daysWithin range

Debtor days are below the median of the previous three fiscal years by 2 days (84 vs 86). Bands: under 15 days, 15 to 45, over 45.

Capital work in progress3% of fixed assetsWithin range

Capital work-in-progress is 3% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.

Payable days+24 days / 2 yrsWithin range

Days payable changed by +24 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 3 years, promoters trimmed 37.5 pts; DIIs added 5.1 pts; FIIs added 1.1 pts.
  • The number of shareholders rose from 8,815 to 26,857 (+205%) between Sep 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupSep '23Jun '26Change
Promoters75.0%37.5%-37.5 pts
FIIs0.0%1.2%+1.1 pts
DIIs6.8%12.0%+5.1 pts
Public and others18.2%49.4%+31.2 pts

Number of shareholders

26,857shareholders+205% since Sep '23
9k16k22k29k Sep '23Jun '24Mar '25Dec '25Jun '26
Sep '23: 8,815
Dec '23: 9,216
Mar '24: 9,323
Jun '24: 9,404
Sep '24: 9,589
Dec '24: 9,625
Mar '25: 9,645
Jun '25: 23,040
Sep '25: 27,578
Dec '25: 28,999
Mar '26: 26,654
Jun '26: 26,857
9k16k22k29k Sep '23Sep '24Sep '25Jun '26
Sep '23: 8,815
Dec '23: 9,216
Mar '24: 9,323
Jun '24: 9,404
Sep '24: 9,589
Dec '24: 9,625
Mar '25: 9,645
Jun '25: 23,040
Sep '25: 27,578
Dec '25: 28,999
Mar '26: 26,654
Jun '26: 26,857

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

−7.6%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 WENDT (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 −24% to +30% vs the market, against −5% for all non-financial companies in the same months.
  • The gap against the base rate (−2.8%, 80% range −6.8% to +2.5%) is within what chance and overlapping periods produce.

Where the 50 outcomes landed

−100%−50%0%+50%+100%
CHEMFAB · Mar 2025: −57.1% vs market
FMGOETZE · Jun 2020: −49.6% vs market
DIAMINESQ · Jan 2025: −48.4% vs market
SHALBY · Jul 2021: −44.9% vs market
EUREKAFORB · Oct 2025: −40.7% vs market
FCSSOFT · Apr 2025: −39.2% vs market
RAILTEL · Oct 2025: −36.1% vs market
DIAMONDYD · Feb 2020: −35.1% vs market
WONDERLA · Jan 2020: −31.7% vs market
MOIL · Aug 2025: −30.3% vs market
HATHWAY · Sep 2023: −29.2% vs market
ACUTAAS · Aug 2023: −28.7% vs market
DENTALKART · Dec 2024: −25.9% vs market
GEECEE · Jun 2021: −18.8% vs market
GKWLIMITED · May 2022: −18.4% vs market
ASHIANA · Feb 2020: −15.6% vs market
NOCIL · Sep 2021: −13.3% vs market
ITDC · Feb 2021: −11.8% vs market
XPROINDIA · Mar 2025: −11.2% vs market
APTECHT · Jan 2020: −9.4% vs market
KINGFA · Jan 2020: −9.4% vs market
BOROSCI · Jul 2025: −8.8% vs market
KIOCL · Jan 2020: −8.4% vs market
ESCORTS · Sep 2023: −7.7% vs market
ADVENZYMES · Aug 2023: −7.7% vs market
VSTTILLERS · Jul 2025: −7.5% vs market
JUSTDIAL · May 2023: −7.0% vs market
SIRCA · Dec 2022: −4.0% vs market
LAOPALA · Jan 2022: −3.4% vs market
NAZARA · Nov 2024: −1.7% vs market
HINDCOMPOS · Aug 2020: 0% vs market
KIRLPNU · Apr 2024: +6.5% vs market
LMW · Mar 2022: +9.3% vs market
DENORA · May 2020: +19.2% vs market
SUNDROP · Mar 2020: +21.2% vs market
TATVA · May 2025: +22.7% vs market
PRIMESECU · Mar 2024: +29.3% vs market
PARAS · Jan 2024: +29.6% vs market
BSE · Sep 2020: +38.4% vs market
AUTOAXLES · Oct 2021: +42.0% vs market
RIIL · Feb 2021: +47.2% vs market
SILVERTUC · May 2023: +52.6% vs market
DIVGIITTS · Oct 2025: +60.3% vs market
KENNAMET · Jul 2021: +69.3% vs market
LINDEINDIA · Jul 2021: +93.0% vs market
CARTRADE · Feb 2024: +101.8% vs market
SHANTIGEAR · Mar 2022: +114.6% vs market
VESUVIUS · Oct 2022: +116.5% vs market
SCHNEIDER · Aug 2022: +137.7% vs market
PRAJIND · Jan 2021: +168.7% vs market
Similar setups −7.6%All companies −4.8%← 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 · 5 beyond the range shown, drawn at the edge

Similar setups' median
−7.6%
All companies' median
−4.8%
Beat the market
38% vs 45%

50 past situations · 50 companies · 35 months · 2020–2025

The closest matches

CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
SHANTIGEAR
Producer Manufacturing
Mar 2022 69x11% +42%−10% +115%
DIVGIITTS
Producer Manufacturing
Oct 2025 69x6% −2%−12% +60%
RIIL
Industrial Services
Feb 2021 62x3% +28%−14% +47%
ITDC
Consumer Services
Feb 2021 136x10% +41%−6% −12%
MOIL
Non-Energy Minerals
Aug 2025 106x— −18%−19% −30%
Show the other 3 matches
CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
NAZARA
Technology Services
Nov 2024 94x6% +25%−8% −2%
SUNDROP
Consumer Non-Durables
Mar 2020 27x14% −36%−47% +21%
LMW
Producer Manufacturing
Mar 2022 230x5% +42%−18% +9%
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: 12-month momentum, drawdown from 12-month high and ROCE. 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 5 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 WENDT (INDIA) 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.

Finance
52%similar
volatilitypromoter holding
NOCILNOCIL
Process Industries
48%similar
EPS growthpromoter holding
Industrial Services
48%similar
debt/equityP/E
AVANTELAVANTEL
Electronic Technology
46%similar
promoter holdingrevenue
Process Industries
46%similar
revenue growthP/E
Producer Manufacturing
47%similar
debt/equitymarket cap
Producer Manufacturing
42%similar
debt/equityrevenue growth
Producer Manufacturing
37%similar
promoter holdingoperating margin

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

What changed?

30 events since Apr '23

  1. OctPriceVolume reached 9.8x its 50-day median on 2026-10-21; price -3.7% that day.
  2. SepResultsRevenue (TTM) reached a new high of ₹255 cr.
  3. SepPriceVolume reached 20.3x its 50-day median on 2026-09-10; price +5.3% that day.
  4. JunValuationP/E crossed above the 90th percentile of its own history to date (113.3x).
  5. JunPeer rankSlipped to the bottom quartile of Producer Manufacturing on ROCE (from the 2nd quartile).
  6. JunPriceVolume reached 37.8x its 50-day median on 2026-06-12; price +13.2% that day.
  7. MarPriceFell 66% from the Dec 2024 peak to the Mar 2026 low.
  8. MarPeer rankMoved into the 2nd quartile of Producer Manufacturing on operating margin (from the 3rd quartile).
Show 22 earlier events
  1. DecPeer rankSlipped to the 3rd quartile of Producer Manufacturing on operating margin (from the 2nd quartile).
  2. SepPromoterPromoter holding fell 37.5 pts to 37.5%.
  3. SepInstitutionsFII + DII holding rose 4.8 pts over 2 quarters to 11.5%.
  4. SepPeer rankSlipped to the 2nd quartile of Producer Manufacturing on operating margin (from the top quartile).
  5. JulPriceVolume reached 17.3x its 50-day median on 2025-07-21; price -5.6% that day.
  6. JunResultsRevenue (TTM) reached a new high of ₹234 cr.
  7. JunPeer rankSlipped to the 2nd quartile of Producer Manufacturing on ROCE (from the top quartile).
  8. MayPriceVolume reached 298.6x its 50-day median on 2025-05-16; price -2.4% that day.
  9. MarResultsYear-on-year EPS growth turned negative.
  10. DecResultsYear-on-year EPS growth turned positive.
  11. NovValuationP/E crossed above the 90th percentile of its own history to date (79.8x).
  12. SepResultsYear-on-year EPS growth turned negative.
  13. JunResultsRevenue (TTM) reached a new high of ₹227 cr.
  14. JunPriceRegained the 2023-10 peak, 3 months after the low.
  15. JunValuationP/E crossed above the 90th percentile of its own history to date (76.4x).
  16. JunPeer rankSlipped to the 3rd quartile of Producer Manufacturing on EPS growth (from the 2nd quartile).
  17. MarPriceFell 31% from the Oct 2023 peak to the Mar 2024 low.
  18. DecPriceVolume reached 26.6x its 50-day median on 2023-12-29; price +5.0% that day.
  19. JulPriceVolume reached 26.7x its 50-day median on 2023-07-31; price +19.3% that day.
  20. JunResultsRevenue (TTM) reached a new high of ₹210 cr.
  21. JunPeer rankSlipped to the 2nd quartile of Producer Manufacturing on EPS growth (from the top quartile).
  22. AprPriceVolume reached 87.2x its 50-day median on 2023-04-21; price +14.5% 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 history60 months · 2021-12 to 2026-11
MonthP/ERevenue (TTM)ROEROCEDebt / Equity
2026-1187.4x₹255 cr6.7%8.0%0.0x
2026-1079.8x₹255 cr6.7%8.0%0.0x
2026-0998.5x₹255 cr6.7%8.0%0.0x
2026-08112.3x₹236 cr5.7%8.0%0.0x
2026-07112.8x₹236 cr5.7%8.0%0.0x
2026-06113.3x₹236 cr5.7%8.0%0.0x
2026-0561.5x₹245 cr9.2%20.0%0.0x
2026-0462.1x₹245 cr9.2%20.0%0.0x
2026-0353.0x₹245 cr9.2%20.0%0.0x
2026-0249.7x₹238 cr11.3%20.0%0.0x
2026-0150.0x₹238 cr11.3%20.0%0.0x
2025-1256.5x₹238 cr11.3%20.0%0.0x
2025-1145.3x₹237 cr14.6%20.0%0.0x
2025-1048.6x₹237 cr14.6%20.0%0.0x
2025-0949.4x₹237 cr14.6%20.0%0.0x
2025-0849.7x₹234 cr16.2%20.0%0.0x
2025-0750.4x₹234 cr16.2%20.0%0.0x
2025-0646.7x₹234 cr16.2%20.0%0.0x
2025-0542.5x₹228 cr18.9%25.0%0.0x
2025-0449.3x₹228 cr18.9%25.0%0.0x
2025-0344.3x₹228 cr18.9%25.0%0.0x
2025-0246.1x₹229 cr19.5%25.0%0.0x
2025-0158.3x₹229 cr19.5%25.0%0.0x
2024-1280.5x₹229 cr19.5%25.0%0.0x
2024-1179.8x₹225 cr18.7%25.0%0.0x
2024-1075.9x₹225 cr18.7%25.0%0.0x
2024-0973.2x₹225 cr18.7%25.0%0.0x
2024-0869.6x₹227 cr19.3%25.0%0.0x
2024-0776.7x₹227 cr19.3%25.0%0.0x
2024-0676.4x₹227 cr19.3%25.0%0.0x
2024-0574.1x₹210 cr21.2%29.0%0.0x
2024-0470.3x₹210 cr21.2%29.0%0.0x
2024-0356.0x₹210 cr21.2%29.0%0.0x
2024-0262.5x₹210 cr21.2%29.0%0.0x
2024-0165.2x₹210 cr21.2%29.0%0.0x
2023-1273.1x₹210 cr21.2%29.0%0.0x
2023-1169.6x₹210 cr21.2%29.0%0.0x
2023-1061.7x₹210 cr21.2%29.0%0.0x
2023-0973.1x₹210 cr21.2%29.0%0.0x
2023-0867.7x₹210 cr21.2%29.0%0.0x
2023-0770.0x₹210 cr21.2%29.0%0.0x
2023-0651.4x₹210 cr21.2%29.0%0.0x
2023-0568.1x₹179 cr16.7%23.0%0.0x
2023-0468.2x₹179 cr16.7%23.0%0.0x
2023-0362.9x₹179 cr16.7%23.0%0.0x
2023-0261.1x₹179 cr16.7%23.0%0.0x
2023-0160.7x₹179 cr16.7%23.0%0.0x
2022-1254.7x₹179 cr16.7%23.0%0.0x
2022-1162.0x₹179 cr16.7%23.0%0.0x
2022-1055.2x₹179 cr16.7%23.0%0.0x
2022-0954.9x₹179 cr16.7%23.0%0.0x
2022-0858.8x₹179 cr16.7%23.0%0.0x
2022-0759.2x₹179 cr16.7%23.0%0.0x
2022-0661.7x₹179 cr16.7%23.0%0.0x
2022-05108.0x₹137 cr9.1%11.0%0.0x
2022-0498.8x₹137 cr9.1%11.0%0.0x
2022-0379.3x₹137 cr9.1%11.0%0.0x
2022-0277.5x₹137 cr9.1%11.0%0.0x
2022-0182.6x₹137 cr9.1%11.0%0.0x
2021-1279.0x₹137 cr9.1%11.0%0.0x

Older months are in the live observatory.

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.

Feedback