YASHO INDUSTRIES LIMITED (YASHO): Financials & Fundamentals History

Share price

Closing priceAdjusted for splits and bonus issues.

3M1Y3YAll

₹3,408.2 latest close · +14.6% over the last 90 sessions

₹3,408.2 month-end · +112.3% over 12 months

₹3,408.2 month-end · +113.5% over 3 years

₹3,408.2 month-end · +89.3% since Aug '23

52-week range ₹1130.00 to ₹4994.00 · 1-year volatility 64.0%

Was the rally earned?

1 year3 years

+112%share price, 1 yearLower P/E held it back

Mostly yes, with a catch.

Per-share earnings added 229 points, but investors now pay less per rupee of profit (P/E 156.0x to 71.3x), which took 117 points back.
The share count rose 3%.

Net profit growth+234 ptsNet profit rose about 381%, which lifts the price.

P/E change-117 ptsThe P/E fell from 156.0x to 71.3x, which lowers the price.

Share count change-5 ptsShare count rose 3%, which lowers the price.

+114%share price, 3 yearsMultiple-driven

Partly.

Most of the rise came from investors paying a higher multiple (P/E 26.8x to 71.3x); per-share earnings took off 33 points.
The share count rose 6%.

Net profit growth-25 ptsNet profit fell about 15%, which lowers the price.

P/E change+146 ptsThe P/E rose from 26.8x to 71.3x, which lifts the price.

Share count change-8 ptsShare count rose 6%, which lowers 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.

Not shown for 5 years: earnings were negative at one end, or there is not enough history.

Net profit is trailing twelve months as reported with a 60-day lag.

Compare this with BRITANNIA INDUSTRIES

How rough has the ride been?

Maximum drawdown-48.7%recovered 2026-06

1-year volatility64.0%annualised

Beta vs sector index0.503-year daily, correlation 0.13

Volume spikes8last 90 sessions, 5x the 50-day median

Drawdown from peak

Largest drawdowns

-48.7% (2025-02 peak to 2026-01 low, recovered 2026-06)

-34.4% (2026-08 peak to 2026-10 low, not yet recovered)

-30.8% (2024-02 peak to 2024-03 low, recovered 2025-02)

Most recent volume spikes

2026-10-28: 10x the 50-day median, price -13.2% that day

2026-10-26: 5x the 50-day median, price +13.2% that day

2026-08-19: 6x the 50-day median, price -9.1% 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?

71.3xP/E todayWithin its usual range

Against its own history52nd percentile

CheapestMedian 69.3xDearest

Usual range 28.1x to 185.9x since 2023-08.

Against Consumer Non-Durables71.3x vs 26.8x

This company

71.3x

Sector median

26.8x

166% above the Consumer Non-Durables median.

P/EP/BP/S

P/E (this company)10th to 90th percentile of its own historyIts medianConsumer Non-Durables median

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P/B (this company)10th to 90th percentile of its own historyIts medianConsumer Non-Durables median

The chart loads when you open this tab.

P/S (this company)10th to 90th percentile of its own historyIts medianConsumer Non-Durables 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 Consumer Non-Durables is valued

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

ROCE30th▲ 4 pts vs a year ago
Op. margin89th▲ 17 pts vs a year ago
Revenue growth86th▲ 22 pts vs a year ago
EPS growth99th▲ 92 pts vs a year ago
Debt/equity ↓8thflat vs a year ago
Cash cycle ↓30th▲ 5 pts vs a year ago
P/E ↓15th▲ 11 pts vs a year ago
12M momentum96th▲ 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 Consumer Non-Durables sector page Watch it move against Consumer Non-Durables in the Observatory

What is the price implying?

~35%annual earnings growth implied by the priceAbove delivered growth

At normalised P/E (five-year average earnings) of 97.2x, a holder earning 12%/yr needs earnings to grow about 35.0%/yr for 10 years, then trade at 15x.

Delivered−15.1%/yrEPS, last 6 fiscal years · 3-yr avg to 3-yr avg

Gap+50.0 ptsimplied minus delivered

Rank11thmost demanding of 856

Over time

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

Change the assumptions

Exit P/E / return	11%	12%	13%
12x	36.8%	38.0%	39.2%
15x	33.8%	35.0%	36.2%
20x	30.0%	31.1%	32.3%

Drag a slider to test other assumptions

Required return 12.0% Years 10 Exit P/E 15x Implied: 35.0%/yr

“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 Consumer Non-Durables The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov: ₹3408.20
P/E: 71.3x
ROCE: 9.0%
Market Cap: ₹4110 cr
Revenue (TTM): ₹939 cr
P/S: 4.4x
P/B: 9.3x
ROE: 13.0%
Operating Margin: 24.0%
Debt / Equity: 1.3x
Promoter Holding: 67.9%
12M Momentum: 112.3%

52-week range

₹1130.00₹4994.00

59% of the way from its 52-week low to its high

Price risk

1Y volatility

64.0%

Beta vs sector

1-year daily

0.74

Balance sheet & cash

Interest cover

operating profit ÷ interest

2.4x

Cash from profit, 3Y

operating cash flow ÷ net profit

2.25x

Share count, 1Y

unchanged

Are profits backed by cash?

6 of 7checks within range1 beyond a threshold

Other income reliance1%Within range

Other income as a share of pre-tax profit (trailing twelve months): 1.3%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate21%Within range

Median quarterly effective tax rate over about 2.5 years: 21.0%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion2.25xWithin range

Operating cash flow divided by net profit over the last three fiscal years: 2.25x (cash from operations ₹200 cr, net profit ₹89 cr). Bands: 0.8x and above, 0.5x to 0.8x, below 0.5x.

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+8 daysWithin range

Debtor days are above the median of the previous three fiscal years by 8 days (80 vs 72). Bands: under 15 days, 15 to 45, over 45.

Capital work in progress2% of fixed assetsWithin range

Capital work-in-progress is 2% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.

Payable days+19 days / 2 yrsWithin range

Days payable changed by +19 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, FIIs added 5.6 pts; promoters trimmed 3.6 pts; DIIs added 2.2 pts.
The number of shareholders fell from 37,484 to 22,695 (-39%) between Sep 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupSep '23Jun '26Change

Promoters71.5%67.9%-3.6 pts

FIIs0.1%5.7%+5.6 pts

DIIs0.0%2.2%+2.2 pts

Public and others28.3%24.1%-4.2 pts

Number of shareholders

22,695shareholders-39% since Sep '23

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

−15.4%typical 12-month return vs the marketBelow the base rate

We found 50 past situations where a non-financial company looked like YASHO INDUSTRIES 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 −29% to +17% vs the market, against −6% for all non-financial companies in the same months.
The analogs' median sat below that base rate (gap −9.4%, 80% range −15.8% to −4.2%), 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 · 3 beyond the range shown, drawn at the edge

Similar setups' median

−15.4%

All companies' median

−6.0%

Beat the market

32% vs 43%

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

The closest matches

Company	When	P/E	ROCE	12M mom.	Drawdown	Next 12 months
PURVA Finance	Mar 2024	75x	7%	+221%	−20%	+14%
JBMA Producer Manufacturing	Sep 2023	130x	12%	+260%	−12%	−10%
TARIL Producer Manufacturing	Jan 2024	113x	15%	+367%	−6%	+136%
HATHWAY Consumer Services	Jul 2020	64x	5%	+89%	−30%	−56%
SOLEX Producer Manufacturing	Dec 2024	161x	—	+306%	−21%	−17%

Show the other 3 matches

Company	When	P/E	ROCE	12M mom.	Drawdown	Next 12 months
JINDWORLD Process Industries	Jun 2022	42x	19%	+262%	−39%	+15%
NELCO Electronic Technology	May 2022	108x	14%	+171%	−39%	−3%
SALASAR Producer Manufacturing	Feb 2024	103x	14%	+206%	−24%	−64%

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: interest cover, 12-month momentum and ROCE. 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 YASHO INDUSTRIES 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

Feature	Weight	Non-financial	Financial
P/E	1	yes	yes
P/S	1	yes	—
P/B	1	—	yes
ROCE	1	yes	—
operating margin	1	yes	—
ROE	1	—	yes
debt/equity	0.75	yes	—
interest cover	0.5	yes	—
revenue growth	0.75	yes	yes
12-month momentum	1	yes	yes
drawdown from 12-month high	0.75	yes	yes
size	0.75	yes	yes
volatility	0.5	yes	yes

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.

DEE DEVELOPMENT ENGINEERSDEEDEV

Producer Manufacturing

71%similar

market capvolatility

NEOGEN CHEMICALSNEOGEN

Process Industries

66%similar

revenuedebt/equity

DREDGING CORPORATION OF INDIADREDGECORP

Transportation

62%similar

P/Edebt/equity

SMS PHARMACEUTICALSSMSPHARMA

Health Technology

59%similar

promoter holdingrevenue

ROSSELL TECHSYSROSSTECH

Electronic Technology

55%similar

volatilitydebt/equity

BHARTIYA INTERNATIONALBIL

Consumer Non-Durables

45%similar

debt/equityROCE

S.P. APPARELSSPAL

Consumer Non-Durables

38%similar

revenue growthpromoter holding

LUX INDUSTRIESLUXIND

Consumer Non-Durables

33%similar

EPS growthROCE

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

What changed?

30 events since Mar '24

2026
OctPriceFell 34% from the Aug 2026 peak to the Oct 2026 low.
OctPriceVolume reached 10.0x its 50-day median on 2026-10-28; price -13.2% that day.
AugPriceVolume reached 17.3x its 50-day median on 2026-08-03; price +0.7% that day.
JulValuationP/E crossed above the 90th percentile of its own history to date (184.2x).
JunResultsYear-on-year EPS growth turned positive.
JunPriceRegained the 2025-02 peak, 5 months after the low.
JunPeer rankMoved into the 3rd quartile of Consumer Non-Durables on ROCE (from the bottom quartile).
JunDividendDividend payout cut from 10% to 2% of profit.

Show 22 earlier events

2026
MayPriceVolume reached 27.9x its 50-day median on 2026-05-20; price +13.2% that day.
AprPeer rankSlipped to the bottom quartile of Consumer Non-Durables on ROCE (from the 3rd quartile).
MarPeer rankSlipped to the 2nd quartile of Consumer Non-Durables on operating margin (from the top quartile).
JanPriceFell 49% from the Feb 2025 peak to the Jan 2026 low.
JanPriceVolume reached 89.8x its 50-day median on 2026-01-09; price +17.8% that day.
2025
DecPeer rankMoved into the top quartile of Consumer Non-Durables on operating margin (from the 2nd quartile).
NovPriceVolume reached 13.7x its 50-day median on 2025-11-13; price +2.5% that day.
SepPeer rankSlipped to the 2nd quartile of Consumer Non-Durables on operating margin (from the top quartile).
AugValuationP/E crossed above the 90th percentile of its own history to date (355.4x).
AugPriceVolume reached 13.6x its 50-day median on 2025-08-25; price +1.3% that day.
JunPromoterPromoter holding fell 3.9 pts to 68.0%.
JunResultsRevenue (TTM) reached a new high of ₹675 cr.
JunInstitutionsFII + DII holding rose 6.7 pts over 2 quarters to 7.8%.
JunSharesShare count is up 9.1% over 12 months.
FebPriceRegained the 2024-02 peak, 11 months after the low.
FebPriceVolume reached 5.3x its 50-day median on 2025-02-05; price +12.4% that day.
2024
DecPeer rankMoved into the top quartile of Consumer Non-Durables on operating margin (from the 2nd quartile).
DecPriceVolume reached 29.1x its 50-day median on 2024-12-16; price +15.4% that day.
AugPriceVolume reached 10.3x its 50-day median on 2024-08-28; price +7.8% that day.
JunPeer rankSlipped to the 3rd quartile of Consumer Non-Durables on ROCE (from the top quartile).
JunPriceVolume reached 7.1x its 50-day median on 2024-06-26; price +3.3% that day.
MarPriceFell 31% from the Feb 2024 peak to the Mar 2024 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 history40 months · 2023-08 to 2026-11

Month	P/E	Revenue (TTM)	ROE	ROCE	Debt / Equity
2026-11	71.3x	₹939 cr	13.0%	9.0%	1.3x
2026-10	67.4x	₹939 cr	12.8%	9.0%	1.3x
2026-09	83.7x	₹939 cr	12.8%	9.0%	1.3x
2026-08	200.9x	₹830 cr	5.6%	9.0%	1.3x
2026-07	184.2x	₹830 cr	5.6%	9.0%	1.3x
2026-06	139.6x	₹830 cr	5.6%	9.0%	1.3x
2026-05	138.6x	₹769 cr	4.3%	7.0%	1.4x
2026-04	100.2x	₹769 cr	4.3%	7.0%	1.4x
2026-03	84.2x	₹769 cr	4.3%	7.0%	1.4x
2026-02	148.7x	₹716 cr	3.1%	7.0%	1.4x
2026-01	116.2x	₹716 cr	3.1%	7.0%	1.4x
2025-12	135.4x	₹716 cr	3.1%	7.0%	1.4x
2025-11	156.0x	₹700 cr	2.9%	7.0%	1.4x
2025-10	154.5x	₹700 cr	2.9%	7.0%	1.4x
2025-09	162.3x	₹700 cr	2.9%	7.0%	1.4x
2025-08	355.4x	₹675 cr	1.4%	7.0%	1.4x
2025-07	375.0x	₹675 cr	1.4%	7.0%	1.4x
2025-06	408.2x	₹675 cr	1.4%	7.0%	1.4x
2025-05	118.1x	₹662 cr	6.5%	13.0%	2.0x
2025-04	100.8x	₹662 cr	6.5%	13.0%	2.0x
2025-03	103.1x	₹662 cr	6.5%	13.0%	2.0x
2025-02	59.6x	₹643 cr	11.6%	13.0%	2.0x
2025-01	65.2x	₹643 cr	11.6%	13.0%	2.0x
2024-12	67.1x	₹643 cr	11.6%	13.0%	2.0x
2024-11	49.6x	₹617 cr	14.3%	13.0%	2.0x
2024-10	52.8x	₹617 cr	14.3%	13.0%	2.0x
2024-09	55.7x	₹617 cr	14.3%	13.0%	2.0x
2024-08	39.2x	₹594 cr	19.7%	13.0%	2.0x
2024-07	37.3x	₹594 cr	19.7%	13.0%	2.0x
2024-06	38.3x	₹594 cr	19.7%	13.0%	2.0x
2024-05	30.0x	₹672 cr	28.6%	23.0%	1.4x
2024-04	32.1x	₹672 cr	28.6%	23.0%	1.4x
2024-03	27.2x	₹672 cr	28.6%	23.0%	1.4x
2024-02	35.1x	₹672 cr	28.6%	23.0%	1.4x
2024-01	27.7x	₹672 cr	28.6%	23.0%	1.4x
2023-12	27.4x	₹672 cr	28.6%	23.0%	1.4x
2023-11	26.8x	₹672 cr	28.6%	23.0%	1.4x
2023-10	28.2x	₹672 cr	28.6%	23.0%	1.4x
2023-09	29.7x	₹672 cr	28.6%	23.0%	1.4x
2023-08	30.2x	₹672 cr	28.6%	23.0%	1.4x

Methodology and data notes