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ZYDUS WELLNESS LIMITED (ZYDUSWELL)

Consumer Non-Durables · Food: Major Diversified · 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.46 / 100
Profitability 43Growth 54Balance sheet 42
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.40 / 100
Price 42Earnings 29FII/DII 49
Compare withNESTLE INDIATHE BOMBAY BURMAH TRADING CORPORKLA INDIA

Share price

Closing priceAdjusted for splits and bonus issues.

₹469.4 latest close · −21.5% over the last 90 sessions

₹450₹500₹550₹600Jul 3Jul 29Aug 24Sep 17Oct 14Nov 9 ₹450₹500₹550₹600Jul 3Sep 4Nov 9

₹469.4 month-end · +9.0% over 12 months

₹400₹500Nov '25Jan '26Apr '26Jun '26Sep '26Nov '26 ₹400₹500Nov '25May '26Nov '26

₹469.4 month-end · +51.3% over 3 years

₹300₹400₹500₹600Nov '23Jun '24Jan '25Sep '25Apr '26Nov '26 ₹300₹400₹500₹600Nov '23May '25Nov '26

₹469.4 month-end · +84.3% since Jan '19

₹300₹400₹500₹600Jan '19Aug '20Mar '22Sep '23Apr '25Nov '26 ₹300₹400₹500₹600Jan '19Dec '22Nov '26

52-week range ₹367.55 to ₹611.85 · 1-year volatility 38.7%

Was the rally earned?

+9%share price, 1 yearMultiple-driven

Partly.

  • Most of the rise came from investors paying a higher multiple (P/E 41.9x to 79.3x); per-share earnings took off 58 points.
  • The share count barely moved.
Net profit growth: −58 pts. Points of the price return explained by net profit growing (or shrinking).−58 ptsNet profit growthP/E change: +67 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+67 ptsP/E changeShare price: +9%+9%Share priceNet profit growth: −58 pts. Points of the price return explained by net profit growing (or shrinking).−58ProfitP/E change: +67 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+67P/EShare price: +9%+9%Share price
Net profit growth-58 ptsNet profit fell about 42%, which lowers the price.
P/E change+67 ptsThe P/E rose from 41.9x to 79.3x, which lifts the price.
Share count change0 ptsShare count was little changed. More shares would count against the price.
+51%share price, 3 yearsMultiple-driven

Partly.

  • Most of the rise came from investors paying a higher multiple (P/E 31.8x to 79.3x); per-share earnings took off 62 points.
  • The share count barely moved.
Net profit growth: −62 pts. Points of the price return explained by net profit growing (or shrinking).−62 ptsNet profit growthP/E change: +113 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+113 ptsP/E changeShare price: +51%+51%Share priceNet profit growth: −62 pts. Points of the price return explained by net profit growing (or shrinking).−62ProfitP/E change: +113 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.+113P/EShare price: +51%+51%Share price
Net profit growth-62 ptsNet profit fell about 39%, which lowers the price.
P/E change+113 ptsThe P/E rose from 31.8x to 79.3x, which lifts the price.
Share count change0 ptsShare count was little changed. More shares would count against the price.
+20%share price, 5 yearsLower P/E held it back

Mostly yes, with a catch.

  • Per-share earnings added 51 points, but investors now pay less per rupee of profit (P/E 105.1x to 79.3x), which took 31 points back.
  • The share count barely moved.
Net profit growth: +50 pts. Points of the price return explained by net profit growing (or shrinking).+50 ptsNet profit growthP/E change: −31 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−31 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: +20%+20%Share priceNet profit growth: +50 pts. Points of the price return explained by net profit growing (or shrinking).+50ProfitP/E change: −31 pts. Points of the price return explained by the market paying a higher or lower P/E multiple.−31P/EShare count change: 0 pts. Points of the price return explained by the share count changing. More shares count against the price.0SharesShare price: +20%+20%Share price
Net profit growth+50 ptsNet profit rose about 58%, which lifts the price.
P/E change-31 ptsThe P/E fell from 105.1x to 79.3x, which lowers the price.
Share count change0 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 NESTLE INDIA

How rough has the ride been?

Maximum drawdown-42.2%recovered 2025-09
1-year volatility38.7%annualised
Beta vs sector index0.673-year daily, correlation 0.27
Volume spikes2last 90 sessions, 5x the 50-day median

Drawdown from peak

0%−20%−40%2020202120222023202420252026−42.2% 0%−20%−40%2020202220242026−42.2%
Largest drawdowns

-42.2% (2021-09 peak to 2023-02 low, recovered 2025-09)

-34.8% (2019-09 peak to 2020-05 low, recovered 2020-09)

-28.8% (2025-09 peak to 2026-03 low, recovered 2026-06)

Most recent volume spikes

2026-11-03: 25.3x the 50-day median, price +2.1% that day

2026-09-07: 30.2x the 50-day median, price +4.4% 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?

79.3xP/E todayWithin its usual range
Against its own history79th percentile
CheapestMedian 46.3xDearest

Usual range 31.9x to 92.3x since 2019-01.

Against Consumer Non-Durables79.3x vs 26.8x
This company
79.3x
Sector median
26.8x

196% above the Consumer Non-Durables median.

14.2x51.7x89.3x126.9xJan '19Aug '20Mar '22Oct '23May '25Nov '2614.2x51.7x89.3x126.9xJan '19Sep '21May '24Nov '26
P/E (this company)10th to 90th percentile of its own historyIts medianConsumer Non-Durables median

The chart loads when you open this tab.

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

  • ROCE17th▼ 4 pts vs a year ago
  • Op. margin70th▼ 5 pts vs a year ago
  • Revenue growth98th▲ 45 pts vs a year ago
  • EPS growth12th▼ 48 pts vs a year ago
  • Debt/equity ↓35th▼ 52 pts vs a year ago
  • Cash cycle ↓58th▼ 6 pts vs a year ago
  • P/E ↓14th▼ 29 pts vs a year ago
  • 12M momentum77th▲ 3 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?

~26%annual earnings growth implied by the priceAbove delivered growth

At normalised P/E (five-year average earnings) of 52.1x, a holder earning 12%/yr needs earnings to grow about 26.3%/yr for 10 years, then trade at 15x.

Delivered4.8%/yrEPS, last 10 fiscal years · 3-yr avg to 3-yr avg
Gap+21.4 ptsimplied minus delivered
Rank127thmost demanding of 856

Over time

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

-3%16%36% Jan 2019Nov 2026 -3%16%36% Jan 2019Nov 2026

Change the assumptions

Exit P/E / return11%12%13%
12x27.9%29.1%30.2%
15x25.2%26.3%27.4%
20x21.7%22.8%23.9%

Drag a slider to test other assumptions

Implied: 26.3%/yr

Looking back

  • Jan 2020Price implied 25%/yr; EPS has since grown 1%/yr (7.0 yrs)
  • Jan 2021Price implied 31%/yr; EPS has since grown 4%/yr (6.0 yrs)
  • Jan 2022Price implied 32%/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 Consumer Non-Durables The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov
₹469.40
P/E
79.3x
ROCE
5.0%
Market Cap
₹14927 cr
Revenue (TTM)
₹4537 cr
P/S
3.3x
P/B
2.6x
ROE
3.2%
Operating Margin
17.0%
Debt / Equity
0.5x
Promoter Holding
69.6%
12M Momentum
9.0%

52-week range

₹367.55₹611.85
42% of the way from its 52-week low to its high

Price risk

1Y volatility
38.7%
Beta vs sector
1-year daily
0.66

Balance sheet & cash

Interest cover
operating profit ÷ interest
3.0x
Cash from profit, 3Y
operating cash flow ÷ net profit
1.05x
Share count, 1Y
unchanged

Are profits backed by cash?

6 of 7checks within range1 near a threshold
Other income reliance-14%Within range

Other income as a share of pre-tax profit (trailing twelve months): -13.8%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate7%Near threshold

Median quarterly effective tax rate over about 2.5 years: 6.5%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion1.05xWithin range

Operating cash flow divided by net profit over the last three fiscal years: 1.05x (cash from operations ₹852 cr, net profit ₹811 cr). Bands: 0.8x and above, 0.5x to 0.8x, below 0.5x.

Free cash flow5 of 5 yrsWithin range

Fiscal years with positive free cash flow in the last 5: 5. Bands: at least 80% of years, 40% to 80%, below 40%.

Receivable days vs history-9 daysWithin range

Debtor days are below the median of the previous three fiscal years by 9 days (35 vs 44). Bands: under 15 days, 15 to 45, over 45.

Capital work in progress0% of fixed assetsWithin range

Capital work-in-progress is 0% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.

Payable days-9 days / 2 yrsWithin range

Days payable changed by -9 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 trimmed 0.5 pts.
  • The number of shareholders rose from 75,369 to 86,866 (+15%) between Dec 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupDec '23Jun '26Change
Promoters69.2%69.6%+0.5 pts
FIIs3.3%3.3%+0.1 pts
DIIs19.7%19.1%-0.5 pts
Public and others7.9%7.9%0.0 pts

Number of shareholders

86,866shareholders+15% since Dec '23
61k70k78k87k Dec '23Jun '24Dec '24Jun '25Dec '25Jun '26
Dec '23: 75,369
Mar '24: 69,138
Jun '24: 63,973
Sep '24: 60,981
Dec '24: 64,037
Mar '25: 64,979
Jun '25: 66,514
Sep '25: 77,188
Dec '25: 80,105
Mar '26: 80,671
Jun '26: 86,866
 61k70k78k87k Dec '23Dec '24Dec '25Jun '26
Dec '23: 75,369
Mar '24: 69,138
Jun '24: 63,973
Sep '24: 60,981
Dec '24: 64,037
Mar '25: 64,979
Jun '25: 66,514
Sep '25: 77,188
Dec '25: 80,105
Mar '26: 80,671
Jun '26: 86,866

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

+3.1%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 ZYDUS WELLNESS 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 −21% to +43% vs the market, against −3% for all non-financial companies in the same months.
  • The gap against the base rate (+6.4%, 80% range −4.8% to +17.1%) is within what chance and overlapping periods produce.

Where the 50 outcomes landed

−100%−50%0%+50%+100%
REPRO · Jan 2020: −52.1% vs market
INOXWIND · Jun 2025: −48.0% vs market
TEJASNET · Sep 2024: −47.0% vs market
GMMPFAUDLR · Feb 2023: −46.6% vs market
SYRMA · Aug 2023: −44.9% vs market
BOROLTD · May 2025: −40.9% vs market
CYIENTDLM · Jul 2024: −40.7% vs market
RAMCOCEM · Jun 2023: −38.2% vs market
RUSTOMJEE · Nov 2024: −26.7% vs market
GENUSPOWER · Dec 2024: −25.6% vs market
BHARATFORG · Jun 2024: −23.3% vs market
SUNTECK · Jun 2024: −22.0% vs market
CAMLINFINE · Dec 2020: −21.3% vs market
SNOWMAN · Jan 2024: −19.9% vs market
GUFICBIO · Mar 2025: −16.3% vs market
BRIGADE · Jul 2024: −14.9% vs market
BEML · Jan 2022: −14.7% vs market
ABREL · Jun 2022: −11.0% vs market
SAPPHIRE · Nov 2022: −9.9% vs market
SUDARSCHEM · Oct 2025: −8.5% vs market
MIDHANI · Jun 2024: −7.3% vs market
INDOCO · Jan 2021: −5.8% vs market
SUZLON · Feb 2022: −4.3% vs market
RKFORGE · Oct 2021: +1.4% vs market
VIPIND · Aug 2022: +2.5% vs market
CENTURYPLY · Jul 2025: +3.7% vs market
DLF · May 2020: +9.9% vs market
ANURAS · Mar 2022: +10.5% vs market
STAR · Jun 2020: +13.4% vs market
LODHA · Jul 2022: +15.7% vs market
ASTRAMICRO · Nov 2021: +16.7% vs market
SHILPAMED · Apr 2025: +17.8% vs market
BIOCON · May 2025: +24.9% vs market
GODREJPROP · Apr 2020: +26.4% vs market
DALBHARAT · Dec 2020: +26.8% vs market
ASHIANA · Jul 2023: +30.4% vs market
SOBHA · Dec 2023: +39.8% vs market
GRASIM · May 2020: +43.4% vs market
ANANTRAJ · Mar 2024: +52.4% vs market
RADICO · Sep 2024: +53.0% vs market
TIINDIA · Jan 2022: +55.0% vs market
WELCORP · May 2024: +62.2% vs market
UNOMINDA · Jul 2020: +65.5% vs market
CRAFTSMAN · Jun 2025: +69.5% vs market
TRENT · Jan 2023: +85.5% vs market
AMBER · Mar 2024: +90.3% vs market
TARC · Jul 2023: +108.9% vs market
HSCL · Mar 2023: +133.0% vs market
APOLLO · Apr 2025: +136.5% vs market
GREENPANEL · Nov 2020: +209.9% vs market
Similar setups +3.1%All companies −3.3%← 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 · 4 beyond the range shown, drawn at the edge

Similar setups' median
+3.1%
All companies' median
−3.3%
Beat the market
54% vs 46%

50 past situations · 50 companies · 38 months · 2020–2025

The closest matches

CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
STAR
Health Technology		 Jun 2020 90x5% +3%−23% +13%
GENUSPOWER
Electronic Technology		 Dec 2024 81x11% +66%−18% −26%
ABREL
Finance		 Jun 2022 54x5% +31%−20% −11%
BEML
Producer Manufacturing		 Jan 2022 110x5% +100%−11% −15%
SAPPHIRE
Consumer Services		 Nov 2022 185x9% +32%−10% −10%
Show the other 3 matches
CompanyWhenP/EROCE12M mom.DrawdownNext 12 months
SOBHA
Finance		 Dec 2023 99x8% +71%−8% +40%
RAMCOCEM
Non-Energy Minerals		 Jun 2023 69x6% +45%−3% −38%
VIPIND
Consumer Durables		 Aug 2022 126x13% +28%−21% +3%
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: 12-month momentum, P/E and drawdown from 12-month high. 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 ZYDUS WELLNESS 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.

DEVYANI INTERNATIONALDEVYANI
Consumer Services
66%similar
ROCErevenue growth
HEALTHCARE GLOBAL ENTPHCG
Health Services
65%similar
operating marginEPS growth
CENTURY PLYBOARDS (INDIA)CENTURYPLY
Producer Manufacturing
62%similar
market capEPS growth
ANUPAM RASAYAN INDIAANURAS
Health Technology
58%similar
P/Edebt/equity
NMDC STEELNSLNISP
Non-Energy Minerals
57%similar
volatilityROCE
HATSUN AGRO PRODUCTSHATSUN
Consumer Non-Durables
54%similar
P/Emarket cap
WELSPUN LIVINGWELSPUNLIV
Consumer Non-Durables
43%similar
P/EROCE
BHARTIYA INTERNATIONALBIL
Consumer Non-Durables
40%similar
revenue growthEPS growth

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

What changed?

30 events since Oct '23

  1. NovPriceVolume reached 25.3x its 50-day median on 2026-11-03; price +2.1% that day.
  2. SepPeer rankSlipped to the 2nd quartile of Consumer Non-Durables on operating margin (from the top quartile).
  3. SepPriceVolume reached 30.2x its 50-day median on 2026-09-07; price +4.4% that day.
  4. JunPriceRegained the 2025-09 peak, 3 months after the low.
  5. JunValuationP/E crossed above the 90th percentile of its own history to date (92.8x).
  6. JunPeer rankMoved into the top quartile of Consumer Non-Durables on operating margin (from the bottom quartile).
  7. AprPriceVolume reached 184.3x its 50-day median on 2026-04-06; price +15.0% that day.
  8. MarPriceFell 29% from the Sep 2025 peak to the Mar 2026 low.
Show 22 earlier events
  1. MarPeer rankSlipped to the bottom quartile of Consumer Non-Durables on EPS growth (from the 3rd quartile).
  2. MarPriceVolume reached 366.7x its 50-day median on 2026-03-13; price +3.9% that day.
  3. DecResultsYear-on-year EPS growth turned negative.
  4. DecPeer rankSlipped to the bottom quartile of Consumer Non-Durables on operating margin (from the top quartile).
  5. DecPriceVolume reached 64.7x its 50-day median on 2025-12-31; price +7.2% that day.
  6. SepPriceRegained the 2021-09 peak, 31 months after the low.
  7. SepPeer rankSlipped to the 2nd quartile of Consumer Non-Durables on EPS growth (from the top quartile).
  8. SepPriceVolume reached 30.6x its 50-day median on 2025-09-01; price +9.9% that day.
  9. JunPeer rankMoved into the top quartile of Consumer Non-Durables on operating margin (from the bottom quartile).
  10. JunPriceVolume reached 58.8x its 50-day median on 2025-06-18; price +5.5% that day.
  11. FebValuationP/E fell below the 10th percentile of its own history to date (31.1x).
  12. FebPriceVolume reached 18.0x its 50-day median on 2025-02-04; price -4.1% that day.
  13. DecResultsYear-on-year EPS growth turned positive.
  14. DecPeer rankSlipped to the bottom quartile of Consumer Non-Durables on operating margin (from the top quartile).
  15. OctPriceVolume reached 9.2x its 50-day median on 2024-10-17; price -0.8% that day.
  16. JulPriceVolume reached 8.9x its 50-day median on 2024-07-03; price +7.9% that day.
  17. JunResultsYear-on-year EPS growth turned negative.
  18. JunPeer rankSlipped to the 3rd quartile of Consumer Non-Durables on EPS growth (from the 2nd quartile).
  19. MayPriceVolume reached 7.4x its 50-day median on 2024-05-14; price +2.5% that day.
  20. MarValuationP/E fell below the 10th percentile of its own history to date (30.3x).
  21. FebPriceVolume reached 15.2x its 50-day median on 2024-02-23; price +0.0% that day.
  22. OctValuationP/E fell below the 10th percentile of its own history to date (31.4x).

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 history95 months · 2019-01 to 2026-11
MonthP/ERevenue (TTM)ROEROCEDebt / Equity
2026-1179.3x₹4537 cr3.2%5.0%0.5x
2026-1078.2x₹4537 cr3.2%5.0%0.5x
2026-0986.6x₹4537 cr3.2%5.0%0.5x
2026-0885.5x₹3961 cr3.4%5.0%0.5x
2026-0793.2x₹3961 cr3.4%5.0%0.5x
2026-0692.8x₹3961 cr3.4%5.0%0.5x
2026-0577.9x₹3389 cr3.6%6.0%0.0x
2026-0478.1x₹3389 cr3.6%6.0%0.0x
2026-0365.5x₹3389 cr3.6%6.0%0.0x
2026-0248.4x₹2886 cr4.5%6.0%0.0x
2026-0156.3x₹2886 cr4.5%6.0%0.0x
2025-1257.1x₹2886 cr4.5%6.0%0.0x
2025-1141.9x₹2729 cr5.8%6.0%0.0x
2025-1046.4x₹2729 cr5.8%6.0%0.0x
2025-0944.5x₹2729 cr5.8%6.0%0.0x
2025-0837.0x₹2709 cr6.1%6.0%0.0x
2025-0737.2x₹2709 cr6.1%6.0%0.0x
2025-0637.1x₹2709 cr6.1%6.0%0.0x
2025-0538.2x₹2579 cr6.1%5.0%0.1x
2025-0434.5x₹2579 cr6.1%5.0%0.1x
2025-0332.9x₹2579 cr6.1%5.0%0.1x
2025-0231.1x₹2520 cr6.0%5.0%0.1x
2025-0136.6x₹2520 cr6.0%5.0%0.1x
2024-1239.3x₹2520 cr6.0%5.0%0.1x
2024-1142.4x₹2467 cr5.7%5.0%0.1x
2024-1040.8x₹2467 cr5.7%5.0%0.1x
2024-0942.1x₹2467 cr5.7%5.0%0.1x
2024-0854.7x₹2328 cr5.0%5.0%0.1x
2024-0757.2x₹2328 cr5.0%5.0%0.1x
2024-0642.6x₹2328 cr5.0%5.0%0.1x
2024-0536.0x₹2255 cr6.1%6.0%0.1x
2024-0434.2x₹2255 cr6.1%6.0%0.1x
2024-0330.3x₹2255 cr6.1%6.0%0.1x
2024-0232.2x₹2255 cr6.1%6.0%0.1x
2024-0133.1x₹2255 cr6.1%6.0%0.1x
2023-1234.5x₹2255 cr6.1%6.0%0.1x
2023-1131.8x₹2255 cr6.1%6.0%0.1x
2023-1031.4x₹2255 cr6.1%6.0%0.1x
2023-0932.2x₹2255 cr6.1%6.0%0.1x
2023-0833.7x₹2255 cr6.1%6.0%0.1x
2023-0730.1x₹2255 cr6.1%6.0%0.1x
2023-0630.4x₹2255 cr6.1%6.0%0.1x
2023-0530.0x₹2009 cr6.4%6.0%0.1x
2023-0432.0x₹2009 cr6.4%6.0%0.1x
2023-0331.9x₹2009 cr6.4%6.0%0.1x
2023-0229.4x₹2009 cr6.4%6.0%0.1x
2023-0128.8x₹2009 cr6.4%6.0%0.1x
2022-1231.0x₹2009 cr6.4%6.0%0.1x
2022-1133.2x₹2009 cr6.4%6.0%0.1x
2022-1036.2x₹2009 cr6.4%6.0%0.1x
2022-0933.5x₹2009 cr6.4%6.0%0.1x
2022-0833.0x₹2009 cr6.4%6.0%0.1x
2022-0733.3x₹2009 cr6.4%6.0%0.1x
2022-0633.7x₹2009 cr6.4%6.0%0.1x
2022-0582.6x₹1867 cr2.6%6.0%0.1x
2022-0491.6x₹1867 cr2.6%6.0%0.1x
2022-0380.5x₹1867 cr2.6%6.0%0.1x
2022-0284.8x₹1867 cr2.6%6.0%0.1x
2022-0193.1x₹1867 cr2.6%6.0%0.1x
2021-12101.0x₹1867 cr2.6%6.0%0.1x
2021-11105.1x₹1867 cr2.6%6.0%0.1x
2021-10110.2x₹1867 cr2.6%6.0%0.1x
2021-09126.9x₹1867 cr2.6%6.0%0.1x
2021-08124.1x₹1867 cr2.6%6.0%0.1x
2021-07114.8x₹1867 cr2.6%6.0%0.1x
2021-06112.7x₹1867 cr2.6%6.0%0.1x
2021-0585.2x₹1767 cr4.1%6.0%0.4x
2021-0485.3x₹1767 cr4.1%6.0%0.4x
2021-0380.1x₹1767 cr4.1%6.0%0.4x
2021-0277.7x₹1767 cr4.1%6.0%0.4x
2021-0178.6x₹1767 cr4.1%6.0%0.4x
2020-1280.9x₹1767 cr4.1%6.0%0.4x
2020-1175.8x₹1767 cr4.1%6.0%0.4x
2020-1076.2x₹1767 cr4.1%6.0%0.4x
2020-0974.8x₹1767 cr4.1%6.0%0.4x
2020-0865.8x₹1767 cr4.1%6.0%0.4x
2020-0765.5x₹1767 cr4.1%6.0%0.4x
2020-0651.9x₹1767 cr4.1%6.0%0.4x
2020-0542.7x₹843 cr5.0%7.0%0.5x
2020-0446.3x₹843 cr5.0%7.0%0.5x
2020-0344.3x₹843 cr5.0%7.0%0.5x
2020-0250.0x₹843 cr5.0%7.0%0.5x
2020-0151.1x₹843 cr5.0%7.0%0.5x
2019-1250.1x₹843 cr5.0%7.0%0.5x
2019-1149.2x₹843 cr5.0%7.0%0.5x
2019-1058.1x₹843 cr5.0%7.0%0.5x
2019-0958.2x₹843 cr5.0%7.0%0.5x
2019-0856.1x₹843 cr5.0%7.0%0.5x
2019-0751.2x₹843 cr5.0%7.0%0.5x
2019-0645.6x₹843 cr5.0%7.0%0.5x
2019-0538.6x₹513 cr19.8%22.0%0.0x
2019-0438.2x₹513 cr19.8%22.0%0.0x
2019-0338.1x₹513 cr19.8%22.0%0.0x
2019-0236.4x₹513 cr19.8%22.0%0.0x
2019-0137.2x₹513 cr19.8%22.0%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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