20-quarter listed-company comparison

Diversified Stocks in India

Diversified: Grasim Industries Ltd owns the largest revenue base; Arunis Abode Ltd has the fastest current growth.

Nifty Diversified Index — Constituents & Performance

The Diversified companies below are the listed Indian Diversified universe this page tracks — the same constituent set people search for as the Nifty Diversified index. Every figure is equal-weighted across those companies, so one large constituent cannot set the reading. Each number carries its own as-of date.

The sector itself · before any single company

How has Diversified moved against NIFTY 500?

The line below covers 5.2 years. Over the most recent two of them this sector is 55% ahead of NIFTY 500. Earnings across its companies grew 4% on average over the last four reported quarters — close to flat. It has been ahead of NIFTY 500 on a rolling three-month view for 16 weeks running.

BREAKING OUT · ahead 16w✓Price up, without the fundamentals confirming5 of 14 companies ahead of NIFTY 500 by 5% or more over three months1 is 20% or more behind over a year while earnings grew 20% or more

RS ↑16w · 8/14 >200d (−2) · 5/14 lead (+0) · EPS 9/13↑

Diversified, equal-weighted, based at 200 NIFTY 500, same base, same start trailing 12-month earnings per share rising falling

Strength anatomy MixedHow much of the sector is participating, how recently, and whether the movers score well.

Together5 of 14 stocks moving

Fresh2 crossed in the last 4 weeks

Backed by scoresmovers score +3 vs the sector average

Down the cap ladder — bar is now, tick is four weeks ago

Large 2/30

Mid 1/50

Small 2/60

Participation is not spreading downward this month; the larger companies are still carrying most of it.

Both lines start at 200 in the same week, so the distance between them is the whole story: the sector line is an equal-weighted index of its 14 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the sector taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.

Sector relative strength · before individual stocks

Is Diversified outperforming NIFTY 500?

The 52-week comparison of Diversified against NIFTY 500 is not available from the current market series. 13 of 20 covered companies currently beat NIFTY on Mansfield relative strength, so leadership inside the sector is selective. Bharat Global Developers Ltd is the strongest against the sector itself at +165.8%. Readings are as of 2026-07-19.

—Sector vs NIFTY 500 · 13 weeks

—Sector vs NIFTY 500 · 52 weeks

13/20Stocks leading NIFTY 500

5/19Stocks leading sector

Sector metric: 31.5 as of 2026-07-19 · CONSOLIDATION · falling.

The central tension: the companies with the most scale are not necessarily the companies creating the most change.

Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.

Bottom line

The 52-week sector comparison is unavailable. 13 of 20 covered companies currently have positive Mansfield relative strength versus NIFTY 500. Grasim Industries Ltd leads with revenue of ₹1,75,431 crore, based on 20 of 20 comparable companies through Mar 2026. Arunis Abode Ltd has the fastest current revenue growth at 100%, across 18 of 20 comparable companies.

Is the Diversified sector outperforming NIFTY 500?

The 52-week sector comparison is unavailable. 13 of 20 covered companies currently have positive Mansfield relative strength versus NIFTY 500.

Which Diversified company is largest by revenue?

Grasim Industries Ltd leads with revenue of ₹1,75,431 crore, based on 20 of 20 comparable companies through Mar 2026.

Which Diversified company is growing fastest?

Arunis Abode Ltd has the fastest current revenue growth at 100%, across 18 of 20 comparable companies.

Which Diversified company has the strongest 4-Factor Sector Score?

Integrated Industries Ltd ranks first at 64.7/100 with 50.6% evidence confidence. The score prioritizes research; it is not a buy recommendation.

Which Diversified company has the least gross debt?

Arunis Abode Ltd has the lowest comparable gross debt at ₹0 crore. Grasim Industries Ltd has the highest at ₹2,27,853 crore.

Which Diversified company has the lowest comparable PEG?

Nava Ltd has the lowest comparable Guarded PEG at 1.16, among 3 of 20 companies that pass the metric’s comparability rules.

How much history does this Diversified comparison include?

The page compares up to 20 reported quarters per company for fundamentals, CAPEX, debt and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.

How is the 4-Factor Sector Score calculated?

The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.

Companies

complete canonical membership

Combined market value

₹3.8 L Cr

Grasim Industries Ltd

Revenue growing

13/18

positive TTM year-on-year growth

Beating NIFTY 500

13/20

positive Mansfield relative strength

Global company selection

00 · research priority, made explicit

4-Factor Sector Score

An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.

Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%

Integrated Industries Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 50.6% evidence confidence.

Balmer Lawrie & Company Ltd looks inexpensive relative to peers or its own history, but its earnings trajectory has not yet earned the valuation signal.

Arunis Abode Ltd has stronger price confirmation than earnings confirmation; that is a research prompt, not permission to chase.

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is guarded: positive earnings, positive 5–60% three-year EPS growth, and a positive P/E are required.

1. Integrated Industries Ltd · IIL

64.7/100 · Thin evidence · provisional · 51% evidence

Exact sum: 20.4 + 17.4 + 10.9 + 16 = 64.7

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

20.4/35Growth & earnings

Revenue 60.5% · PAT 94.6% · OPM change 2 pp

53% evidence

17.4/25Capital efficiency

ROCE 30.5% · debt/equity 0.04×

60% evidence

10.9/20Valuation

P/E 11.6× · PEG —

15% evidence

16.0/20Relative strength

RS sector 51.9% · RS bench 63.7% · 1Y 105.1%

70% evidence

2. Kalind Ltd · 526935

63.3/100 · Thin evidence · provisional · 59% evidence

Exact sum: 22.8 + 18.9 + 10 + 11.6 = 63.3

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

22.8/35Growth & earnings

Revenue — · PAT — · OPM change 15.7 pp

45% evidence

18.9/25Capital efficiency

ROCE 32% · debt/equity 0.05×

80% evidence

10.0/20Valuation

P/E 37.9× · PEG —

15% evidence

11.6/20Relative strength

RS sector 3.7% · RS bench 17.6% · 1Y 409.5%

100% evidence

3. Indiabulls Limited · IBULLSLTD

62.3/100 · Mixed-positive evidence · 68% evidence

Exact sum: 18.3 + 14.5 + 10.6 + 18.9 = 62.3

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

18.3/35Growth & earnings

Revenue 100% · PAT 100% · OPM change 28 pp

71% evidence

14.5/25Capital efficiency

ROCE 16.2% · debt/equity 0.15×

80% evidence

10.6/20Valuation

P/E 14.7× · PEG —

15% evidence

18.9/20Relative strength

RS sector 45.9% · RS bench 66.6% · 1Y 90.1%

100% evidence

4. 3M India Ltd · 3MINDIA

60.2/100 · Mixed-positive evidence · 90% evidence

Exact sum: 17.8 + 19.9 + 11.6 + 10.9 = 60.2

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

17.8/35Growth & earnings

Revenue 11.5% · PAT -7.5% · OPM change -1.8 pp

88% evidence

19.9/25Capital efficiency

ROCE 40.5% · debt/equity 0.1×

100% evidence

11.6/20Valuation

P/E 65.4× · PEG 1.25

100% evidence

10.9/20Relative strength

RS sector -4.4% · RS bench 5.2% · 1Y 16.6%

70% evidence

5. Texmaco Infrastructure & Holdings Ltd · TEXINFRA

57.9/100 · Mixed-positive evidence · 76% evidence

Exact sum: 24.5 + 9.8 + 8.7 + 14.9 = 57.9

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

24.5/35Growth & earnings

Revenue 9.9% · PAT 100% · OPM change 78.8 pp

83% evidence

9.8/25Capital efficiency

ROCE 1.4% · debt/equity 0.03×

95% evidence

8.7/20Valuation

P/E 131× · PEG —

15% evidence

14.9/20Relative strength

RS sector -1.8% · RS bench 13.7% · 1Y 10.6%

100% evidence

6. BCL Industries Ltd · BCLIND

56.8/100 · Mixed-positive evidence · 83% evidence

Exact sum: 19.1 + 13.1 + 12.9 + 11.7 = 56.8

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

19.1/35Growth & earnings

Revenue -0.8% · PAT 21.1% · OPM change 2 pp

83% evidence

13.1/25Capital efficiency

ROCE 13.9% · debt/equity 0.63×

95% evidence

12.9/20Valuation

P/E 9.2× · PEG —

50% evidence

11.7/20Relative strength

RS sector -11.2% · RS bench 3.3% · 1Y -17.7%

100% evidence

7. Sobhagya Mercantile Ltd · 512014

53.6/100 · Mixed-positive evidence · 72% evidence

Exact sum: 18.5 + 18.1 + 9.8 + 7.2 = 53.6

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

18.5/35Growth & earnings

Revenue 49.3% · PAT 41.8% · OPM change -3.7 pp

83% evidence

18.1/25Capital efficiency

ROCE 23.4% · debt/equity 0.11×

80% evidence

9.8/20Valuation

P/E 41.8× · PEG —

15% evidence

7.2/20Relative strength

RS sector -11.7% · RS bench 2.1% · 1Y 55.7%

100% evidence

8. Balmer Lawrie & Company Ltd · BALMLAWRIE

51.9/100 · Mixed-positive evidence · 79% evidence

Exact sum: 15.2 + 15.8 + 14.5 + 6.4 = 51.9

Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity.

15.2/35Growth & earnings

Revenue 8% · PAT 3.9% · OPM change -1 pp

83% evidence

15.8/25Capital efficiency

ROCE 14.6% · debt/equity 0.11×

80% evidence

14.5/20Valuation

P/E 10.8× · PEG —

50% evidence

6.4/20Relative strength

RS sector -19.7% · RS bench -6.5% · 1Y -18.9%

100% evidence

9. Grasim Industries Ltd · GRASIM

51.4/100 · Mixed-positive evidence · 79% evidence

Exact sum: 22.7 + 10.1 + 6.4 + 12.2 = 51.4

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

22.7/35Growth & earnings

Revenue 18.1% · PAT 32.8% · OPM change 1 pp

83% evidence

10.1/25Capital efficiency

ROCE 8% · debt/equity 2.2×

80% evidence

6.4/20Valuation

P/E 42× · PEG —

50% evidence

12.2/20Relative strength

RS sector -6.4% · RS bench 8.3% · 1Y 14%

100% evidence

10. Tube Investments of India Ltd · TIINDIA

45.3/100 · Mixed-negative evidence · 93% evidence

Exact sum: 18.2 + 18.1 + 2 + 7 = 45.3

Decision use: Strong business, demanding price: keep it on the quality list, but require either earnings upgrades or valuation compression.

18.2/35Growth & earnings

Revenue 17.4% · PAT 6.1% · OPM change 2 pp

83% evidence

18.1/25Capital efficiency

ROCE 17.1% · debt/equity 0.1×

95% evidence

2.0/20Valuation

P/E 81× · PEG 9.63

100% evidence

7.0/20Relative strength

RS sector -13.3% · RS bench 0.4% · 1Y -0.9%

100% evidence

11. Nurture Well Industries Ltd · 531889

45.2/100 · Mixed-negative evidence · 72% evidence

Exact sum: 15.6 + 16 + 11.5 + 2.1 = 45.2

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

15.6/35Growth & earnings

Revenue 34% · PAT 27% · OPM change -9.1 pp

83% evidence

16.0/25Capital efficiency

ROCE 22.9% · debt/equity 0.1×

80% evidence

11.5/20Valuation

P/E 8.4× · PEG —

15% evidence

2.1/20Relative strength

RS sector -27.5% · RS bench -16.1% · 1Y 19.5%

100% evidence

12. Nava Ltd · NAVA

41.4/100 · Mixed-negative evidence · 89% evidence

Exact sum: 9.8 + 14.1 + 13.1 + 4.4 = 41.4

Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity.

9.8/35Growth & earnings

Revenue 7.8% · PAT -27.6% · OPM change -5 pp

88% evidence

14.1/25Capital efficiency

ROCE 12.8% · debt/equity 0.26×

100% evidence

13.1/20Valuation

P/E 20.6× · PEG 1.16

65% evidence

4.4/20Relative strength

RS sector -17% · RS bench -3.7% · 1Y -3.7%

100% evidence

13. Swan Corp Ltd · 503310

38.7/100 · Thin evidence · provisional · 59% evidence

Exact sum: 15.4 + 8.3 + 10.2 + 4.8 = 38.7

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

15.4/35Growth & earnings

Revenue -11.5% · PAT -69% · OPM change -31.6 pp

62% evidence

8.3/25Capital efficiency

ROCE 3.9% · debt/equity 0.28×

80% evidence

10.2/20Valuation

P/E 35.7× · PEG —

15% evidence

4.8/20Relative strength

RS sector -23.3% · RS bench -16.5% · 1Y -29.2%

70% evidence

14. Andrew Yule & Company Ltd · ANDREWYU

34.7/100 · Thin evidence · provisional · 56% evidence

Exact sum: 13.2 + 5.5 + 10 + 6 = 34.7

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

13.2/35Growth & earnings

Revenue -4.8% · PAT -80% · OPM change -9 pp

62% evidence

5.5/25Capital efficiency

ROCE -6.3% · debt/equity 0.37×

80% evidence

10.0/20Valuation

P/E — · PEG —

0% evidence

6.0/20Relative strength

RS sector -37.4% · RS bench 1.4% · 1Y -18.8%

70% evidence

15. Arunis Abode Ltd · ARUNIS

53.5/100 · Thin evidence · provisional · 46% evidence

Exact sum: 15.2 + 12.3 + 9.3 + 16.7 = 53.5

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

15.2/35Growth & earnings

Revenue 100% · PAT 100% · OPM change -17.7 pp

40% evidence

12.3/25Capital efficiency

ROCE -5.3% · debt/equity 0×

60% evidence

9.3/20Valuation

P/E 62.5× · PEG —

15% evidence

16.7/20Relative strength

RS sector 131.3% · RS bench 136.7% · 1Y 447.2%

70% evidence

16. Bluspring Enterprises Ltd · BLUSPRING

47.9/100 · Thin evidence · provisional · 45% evidence

Exact sum: 19.6 + 6.3 + 10 + 12 = 47.9

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

19.6/35Growth & earnings

Revenue — · PAT — · OPM change 2.3 pp

45% evidence

6.3/25Capital efficiency

ROCE 5.1% · debt/equity 0.2×

95% evidence

10.0/20Valuation

P/E — · PEG —

0% evidence

12.0/20Relative strength

RS sector — · RS bench 47.8% · 1Y 27.7%

25% evidence

17. Bharat Global Developers Ltd · BGDL

47.0/100 · Thin evidence · provisional · 49% evidence

Exact sum: 15.6 + 10.9 + 8.5 + 12 = 47

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

15.6/35Growth & earnings

Revenue -74% · PAT -80% · OPM change 4.2 pp

53% evidence

10.9/25Capital efficiency

ROCE 11.3% · debt/equity 0.42×

51% evidence

8.5/20Valuation

P/E 291× · PEG —

15% evidence

12.0/20Relative strength

RS sector 165.8% · RS bench -70.1% · 1Y -27.4%

70% evidence

18. Piramal Enterprises Ltd(Merged) · PEL

45.2/100 · Thin evidence · provisional · 41% evidence

Exact sum: 19 + 9.8 + 9.4 + 7 = 45.2

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

19.0/35Growth & earnings

Revenue 13.3% · PAT 100% · OPM change -0.7 pp

27% evidence

9.8/25Capital efficiency

ROCE 6.8% · debt/equity 2.42×

60% evidence

9.4/20Valuation

P/E 49× · PEG —

15% evidence

7.0/20Relative strength

RS sector -20.3% · RS bench 1% · 1Y -15.3%

70% evidence

19. Rossell India Ltd · ROSSELLIND

39.9/100 · Thin evidence · provisional · 47% evidence

Exact sum: 14.5 + 10.6 + 10.8 + 4 = 39.9

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

14.5/35Growth & earnings

Revenue 4.8% · PAT -41.1% · OPM change 0.1 pp

36% evidence

10.6/25Capital efficiency

ROCE 6.4% · debt/equity 0.65×

71% evidence

10.8/20Valuation

P/E 11.8× · PEG —

15% evidence

4.0/20Relative strength

RS sector -29.3% · RS bench -19.6% · 1Y -35.1%

70% evidence

20. Kesar Enterprises Ltd · KESAR

36.1/100 · Thin evidence · provisional · 43% evidence

Exact sum: 14.2 + 8.7 + 10 + 3.2 = 36.1

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

14.2/35Growth & earnings

Revenue -55.3% · PAT -80% · OPM change 7.4 pp

40% evidence

8.7/25Capital efficiency

ROCE -26.2% · debt/equity 0.1×

60% evidence

10.0/20Valuation

P/E — · PEG —

0% evidence

3.2/20Relative strength

RS sector -44.4% · RS bench -39.4% · 1Y -40.1%

70% evidence

01 · compare level, then change

Revenue Scale & Growth Durability

Grasim Industries Ltd has the highest Revenue among the 20 Diversified companies compared here, at ₹1,75,431 crore. Tube Investments of India Ltd is next at ₹22,848 crore. Arunis Abode Ltd has the highest Revenue growth at the 100% top of the scoring scale, so level and change sit with different companies.

What the numbers say: Grasim Industries Ltd is the scale leader at ₹1,75,431 crore, 667.8% ahead of Tube Investments of India Ltd. Arunis Abode Ltd's growth is stored at the ≥100% scoring cap; the uncapped TTM change is 17181.5% from a ₹47 crore base, with 13 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

LeaderGrasim Industries Ltd · ₹1,75,431 crore

Gap667.8% versus #2 · Tube Investments of India Ltd

Persistence8/8 recent comparable periods

Coverage20/20 companies · 285 observations

Investor read: Grasim Industries Ltd is the scale benchmark; Arunis Abode Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: Grasim Industries Ltd's growth falls below Arunis Abode Ltd's for two consecutive comparable reports while operating margin also compresses.

Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.

Revenuelargest

1Grasim Industries Ltd GRASIM₹1.8 L Cr

2Tube Investments of India Ltd TIINDIA₹22.8K Cr

3Piramal Enterprises Ltd(Merged) PEL · older report₹10.6K Cr

43M India Ltd 3MINDIA₹4.8K Cr

5Swan Corp Ltd 503310₹4.4K Cr

Revenue growthfastest growers

1Arunis Abode Ltd ARUNIS · older report100%

2Indiabulls Limited IBULLSLTD100%

3Integrated Industries Ltd IIL · older report61%

4Sobhagya Mercantile Ltd 51201449%

5Nurture Well Industries Ltd 53188934%

Revenue · company comparison

20/20 level · 18/20 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

Company	Revenue	Revenue growth	Reported
Grasim Industries Ltd GRASIM	₹51.1K Cr	15%	Mar 2026
Tube Investments of India Ltd TIINDIA	₹6.2K Cr	21%	Mar 2026
Piramal Enterprises Ltd(Merged) PEL	₹2.6K Cr	19%	Jun 2025
3M India Ltd 3MINDIA	₹1.4K Cr	17%	Mar 2026
Nava Ltd NAVA	₹1.1K Cr	12%	Mar 2026
Swan Corp Ltd 503310	₹870 Cr	1.6%	Mar 2026
Bluspring Enterprises Ltd BLUSPRING⚠ unverified	₹865 Cr	7.9%	Mar 2026
Balmer Lawrie & Company Ltd BALMLAWRIE	₹744 Cr	22%	Mar 2026
BCL Industries Ltd BCLIND⚠ unverified	₹582 Cr	-20%	Mar 2026
Indiabulls Limited IBULLSLTD	₹359 Cr	290%	Jun 2026
Integrated Industries Ltd IIL	₹290 Cr	46%	Dec 2025
Nurture Well Industries Ltd 531889	₹200 Cr	-17%	Mar 2026
Kesar Enterprises Ltd KESAR	₹104 Cr	-36%	Dec 2025
Andrew Yule & Company Ltd ANDREWYU	₹93 Cr	-5.1%	Mar 2026
Sobhagya Mercantile Ltd 512014	₹82 Cr	44%	Mar 2026
Rossell India Ltd ROSSELLIND	₹75 Cr	6.5%	Jun 2024
Kalind Ltd 526935	₹33 Cr	-100%	Mar 2026
Arunis Abode Ltd ARUNIS	₹15 Cr	-100%	Dec 2025
Texmaco Infrastructure & Holdings Ltd TEXINFRA⚠ unverified	₹4 Cr	31%	Mar 2026
Bharat Global Developers Ltd BGDL	₹0 Cr	-100%	Dec 2025

Full 20-quarter history · every available company

Revenue · reported quarter history

Showing the 12 largest of 20 companies with a series here. The remaining 8 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

3M India Ltd · 3MINDIA

Sep 2021₹840 Cr

Dec 2021₹826 Cr

Mar 2022₹926 Cr

Jun 2022₹944 Cr

Sep 2022₹977 Cr

Dec 2022₹993 Cr

Mar 2023₹1.0K Cr

Jun 2023₹1.1K Cr

Sep 2023₹1.0K Cr

Dec 2023₹1.0K Cr

Mar 2024₹1.1K Cr

Jun 2024₹1.0K Cr

Sep 2024₹1.1K Cr

Dec 2024₹1.1K Cr

Mar 2025₹1.2K Cr

Jun 2025₹1.2K Cr

Sep 2025₹1.3K Cr

Dec 2025₹1.2K Cr

Mar 2026₹1.4K Cr

Jun 2026—

Andrew Yule & Company Ltd · ANDREWYU

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022₹120 Cr

Mar 2023₹81 Cr

Jun 2023₹59 Cr

Sep 2023₹88 Cr

Dec 2023₹87 Cr

Mar 2024₹77 Cr

Jun 2024₹56 Cr

Sep 2024₹89 Cr

Dec 2024₹68 Cr

Mar 2025₹98 Cr

Jun 2025₹56 Cr

Sep 2025₹72 Cr

Dec 2025₹75 Cr

Mar 2026₹93 Cr

Jun 2026—

Arunis Abode Ltd · ARUNIS

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022₹1 Cr

Mar 2023₹2 Cr

Jun 2023₹0 Cr

Sep 2023₹0 Cr

Dec 2023₹0 Cr

Mar 2024₹0 Cr

Jun 2024₹0 Cr

Sep 2024₹0 Cr

Dec 2024₹0 Cr

Mar 2025₹0 Cr

Jun 2025₹14 Cr

Sep 2025₹18 Cr

Dec 2025₹15 Cr

Mar 2026—

Jun 2026—

Balmer Lawrie & Company Ltd · BALMLAWRIE

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022₹514 Cr

Mar 2023₹608 Cr

Jun 2023₹592 Cr

Sep 2023₹586 Cr

Dec 2023₹585 Cr

Mar 2024₹577 Cr

Jun 2024₹638 Cr

Sep 2024₹639 Cr

Dec 2024₹630 Cr

Mar 2025₹608 Cr

Jun 2025₹681 Cr

Sep 2025₹635 Cr

Dec 2025₹657 Cr

Mar 2026₹744 Cr

Jun 2026—

Bluspring Enterprises Ltd · BLUSPRING⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024—

Sep 2024₹770 Cr

Dec 2024₹791 Cr

Mar 2025₹802 Cr

Jun 2025₹797 Cr

Sep 2025₹857 Cr

Dec 2025₹863 Cr

Mar 2026₹865 Cr

Jun 2026—

Grasim Industries Ltd · GRASIM

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022₹28.6K Cr

Mar 2023₹33.5K Cr

Jun 2023₹31.1K Cr

Sep 2023₹30.2K Cr

Dec 2023₹32.0K Cr

Mar 2024₹37.7K Cr

Jun 2024₹34.6K Cr

Sep 2024₹34.2K Cr

Dec 2024₹35.4K Cr

Mar 2025₹44.3K Cr

Jun 2025₹40.1K Cr

Sep 2025₹39.9K Cr

Dec 2025₹44.3K Cr

Mar 2026₹51.1K Cr

Jun 2026—

Indiabulls Limited · IBULLSLTD

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022₹0 Cr

Mar 2023₹0 Cr

Jun 2023₹0 Cr

Sep 2023₹0 Cr

Dec 2023₹0 Cr

Mar 2024₹0 Cr

Jun 2024₹0 Cr

Sep 2024₹115 Cr

Dec 2024₹106 Cr

Mar 2025₹102 Cr

Jun 2025₹92 Cr

Sep 2025₹236 Cr

Dec 2025₹97 Cr

Mar 2026₹409 Cr

Jun 2026₹359 Cr

Nava Ltd · NAVA

Sep 2021₹823 Cr

Dec 2021₹950 Cr

Mar 2022₹1.0K Cr

Jun 2022₹1.0K Cr

Sep 2022₹742 Cr

Dec 2022₹880 Cr

Mar 2023₹881 Cr

Jun 2023₹1.0K Cr

Sep 2023₹922 Cr

Dec 2023₹930 Cr

Mar 2024₹924 Cr

Jun 2024₹1.2K Cr

Sep 2024₹900 Cr

Dec 2024₹842 Cr

Mar 2025₹1.0K Cr

Jun 2025₹1.2K Cr

Sep 2025₹964 Cr

Dec 2025₹991 Cr

Mar 2026₹1.1K Cr

Jun 2026—

Piramal Enterprises Ltd(Merged) · PEL

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022₹2.2K Cr

Sep 2022₹1.9K Cr

Dec 2022₹2.8K Cr

Mar 2023₹2.1K Cr

Jun 2023₹2.9K Cr

Sep 2023₹2.2K Cr

Dec 2023₹2.5K Cr

Mar 2024₹2.5K Cr

Jun 2024₹2.2K Cr

Sep 2024₹2.3K Cr

Dec 2024₹2.8K Cr

Mar 2025₹2.9K Cr

Jun 2025₹2.6K Cr

Sep 2025—

Dec 2025—

Mar 2026—

Jun 2026—

Swan Corp Ltd · 503310

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022₹93 Cr

Mar 2023₹933 Cr

Jun 2023₹804 Cr

Sep 2023₹1.2K Cr

Dec 2023₹1.6K Cr

Mar 2024₹1.4K Cr

Jun 2024₹1.1K Cr

Sep 2024₹1.0K Cr

Dec 2024₹1.9K Cr

Mar 2025₹856 Cr

Jun 2025₹1.2K Cr

Sep 2025₹1.1K Cr

Dec 2025₹1.2K Cr

Mar 2026₹870 Cr

Jun 2026—

Texmaco Infrastructure & Holdings Ltd · TEXINFRA⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022₹4 Cr

Mar 2023₹4 Cr

Jun 2023₹4 Cr

Sep 2023₹5 Cr

Dec 2023₹4 Cr

Mar 2024₹3 Cr

Jun 2024₹4 Cr

Sep 2024₹5 Cr

Dec 2024₹4 Cr

Mar 2025₹3 Cr

Jun 2025₹4 Cr

Sep 2025₹5 Cr

Dec 2025₹4 Cr

Mar 2026₹4 Cr

Jun 2026—

Tube Investments of India Ltd · TIINDIA

Sep 2021₹3.3K Cr

Dec 2021₹3.4K Cr

Mar 2022₹3.4K Cr

Jun 2022₹3.8K Cr

Sep 2022₹3.8K Cr

Dec 2022₹3.6K Cr

Mar 2023₹3.8K Cr

Jun 2023₹3.9K Cr

Sep 2023₹4.3K Cr

Dec 2023₹4.2K Cr

Mar 2024₹4.5K Cr

Jun 2024₹4.6K Cr

Sep 2024₹4.9K Cr

Dec 2024₹4.8K Cr

Mar 2025₹5.2K Cr

Jun 2025₹5.3K Cr

Sep 2025₹5.5K Cr

Dec 2025₹5.8K Cr

Mar 2026₹6.2K Cr

Jun 2026—

Revenue growth · reported quarter history

Showing the 12 largest of 20 companies with a series here. The remaining 8 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

3M India Ltd · 3MINDIA

Sep 2021—

Dec 2021—

Mar 2022—

Jun 202227%

Sep 202216%

Dec 202220%

Mar 202313%

Jun 202311%

Sep 20236.5%

Dec 20231.3%

Mar 20244.7%

Jun 2024-0.3%

Sep 20246.8%

Dec 20248.4%

Mar 20259.4%

Jun 202514%

Sep 202514%

Dec 202513%

Mar 202617%

Jun 2026—

Andrew Yule & Company Ltd · ANDREWYU

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023-27%

Mar 2024-4.9%

Jun 2024-5.1%

Sep 20241.1%

Dec 2024-22%

Mar 202527%

Jun 20250.0%

Sep 2025-19%

Dec 202510%

Mar 2026-5.1%

Jun 2026—

Arunis Abode Ltd · ARUNIS

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023-67%

Mar 2024-84%

Jun 2024-100%

Sep 2024-100%

Dec 2024-100%

Mar 2025-100%

Jun 2025—

Sep 2025—

Dec 2025—

Mar 2026—

Jun 2026—

Balmer Lawrie & Company Ltd · BALMLAWRIE

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 202314%

Mar 2024-5.1%

Jun 20247.8%

Sep 20249.0%

Dec 20247.7%

Mar 20255.4%

Jun 20256.7%

Sep 2025-0.6%

Dec 20254.3%

Mar 202622%

Jun 2026—

Bluspring Enterprises Ltd · BLUSPRING⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024—

Sep 2024—

Dec 2024—

Mar 2025—

Jun 2025—

Sep 202511%

Dec 20259.1%

Mar 20267.9%

Jun 2026—

Grasim Industries Ltd · GRASIM

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 202312%

Mar 202413%

Jun 202411%

Sep 202413%

Dec 202411%

Mar 202517%

Jun 202516%

Sep 202517%

Dec 202525%

Mar 202615%

Jun 2026—

Indiabulls Limited · IBULLSLTD

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024—

Sep 2024—

Dec 2024—

Mar 2025—

Jun 2025—

Sep 2025105%

Dec 2025-8.5%

Mar 2026301%

Jun 2026290%

Nava Ltd · NAVA

Sep 2021—

Dec 2021—

Mar 2022—

Jun 202284%

Sep 2022-9.8%

Dec 2022-7.4%

Mar 2023-13%

Jun 20231.7%

Sep 202324%

Dec 20235.7%

Mar 20244.9%

Jun 202417%

Sep 2024-2.4%

Dec 2024-9.5%

Mar 202510%

Jun 2025-2.4%

Sep 20257.1%

Dec 202518%

Mar 202612%

Jun 2026—

Piramal Enterprises Ltd(Merged) · PEL

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 202333%

Sep 202316%

Dec 2023-12%

Mar 202416%

Jun 2024-23%

Sep 20244.3%

Dec 202414%

Mar 202515%

Jun 202519%

Sep 2025—

Dec 2025—

Mar 2026—

Jun 2026—

Swan Corp Ltd · 503310

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 20231,619%

Mar 202450%

Jun 202442%

Sep 2024-16%

Dec 202420%

Mar 2025-39%

Jun 20256.2%

Sep 202510%

Dec 2025-40%

Mar 20261.6%

Jun 2026—

Texmaco Infrastructure & Holdings Ltd · TEXINFRA⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023-3.0%

Mar 2024-19%

Jun 20246.8%

Sep 2024-8.4%

Dec 20242.6%

Mar 2025-2.9%

Jun 20256.9%

Sep 20259.2%

Dec 2025-4.0%

Mar 202631%

Jun 2026—

Tube Investments of India Ltd · TIINDIA

Sep 2021—

Dec 2021—

Mar 2022—

Jun 202255%

Sep 202216%

Dec 20226.0%

Mar 202312%

Jun 20232.0%

Sep 202313%

Dec 202315%

Mar 202419%

Jun 202417%

Sep 202414%

Dec 202415%

Mar 202515%

Jun 202516%

Sep 202512%

Dec 202521%

Mar 202621%

Jun 2026—

02 · compare level, then change

Operating Economics & Margin Trend

Piramal Enterprises Ltd(Merged) has the highest OPM among the 20 Diversified companies compared here, at 65.1%. Kalind Ltd is next at 54%. Texmaco Infrastructure & Holdings Ltd has the highest Margin change at +78.8 percentage points, so level and change sit with different companies. 19 of 20 companies report a comparable reading, the latest through Jun 2025.

What the numbers say: Piramal Enterprises Ltd(Merged) leads opm at 65.1%; Texmaco Infrastructure & Holdings Ltd leads margin change at +78.8 percentage points.

LeaderPiramal Enterprises Ltd(Merged) · 65.1%

Gap20.6% versus #2 · Kalind Ltd

Persistence6/8 recent comparable periods

Coverage19/20 companies · 318 observations

Investor read: Piramal Enterprises Ltd(Merged) sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current margin change signal.

Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.

OPMhighest

1Piramal Enterprises Ltd(Merged) PEL · older report65%

2Kalind Ltd 52693554%

3Indiabulls Limited IBULLSLTD43%

4Nava Ltd NAVA32%

5Arunis Abode Ltd ARUNIS · older report29%

Margin changefastest expanders

1Texmaco Infrastructure & Holdings Ltd TEXINFRA⚠ unverified+78.8 pp

2Indiabulls Limited IBULLSLTD+28.0 pp

3Kalind Ltd 526935+15.7 pp

4Kesar Enterprises Ltd KESAR · older report+7.4 pp

5Bharat Global Developers Ltd BGDL · older report+4.2 pp

Operating margin · company comparison

19/20 level · 20/20 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

Company	OPM	Margin change	Reported
Piramal Enterprises Ltd(Merged) PEL	65%	−0.7 pp	Jun 2025
Kalind Ltd 526935	54%	+15.7 pp	Mar 2026
Indiabulls Limited IBULLSLTD	43%	+28.0 pp	Jun 2026
Nava Ltd NAVA	32%	−5.0 pp	Mar 2026
Arunis Abode Ltd ARUNIS	29%	−17.7 pp	Dec 2025
Grasim Industries Ltd GRASIM	21%	+1.0 pp	Mar 2026
3M India Ltd 3MINDIA	17%	−1.8 pp	Mar 2026
Balmer Lawrie & Company Ltd BALMLAWRIE	15%	−1.0 pp	Mar 2026
Integrated Industries Ltd IIL	11%	+2.0 pp	Dec 2025
Sobhagya Mercantile Ltd 512014	11%	−3.7 pp	Mar 2026
Rossell India Ltd ROSSELLIND	11%	+0.1 pp	Jun 2024
Tube Investments of India Ltd TIINDIA	9.0%	+2.0 pp	Mar 2026
BCL Industries Ltd BCLIND⚠ unverified	9.0%	+2.0 pp	Mar 2026
Bharat Global Developers Ltd BGDL	4.2%	+4.2 pp	Dec 2025
Bluspring Enterprises Ltd BLUSPRING⚠ unverified	2.9%	+2.3 pp	Mar 2026
Kesar Enterprises Ltd KESAR	2.8%	+7.4 pp	Dec 2025
Nurture Well Industries Ltd 531889	0.2%	−9.1 pp	Mar 2026
Swan Corp Ltd 503310	-30%	−31.6 pp	Mar 2026
Texmaco Infrastructure & Holdings Ltd TEXINFRA⚠ unverified	-42%	+78.8 pp	Mar 2026
Andrew Yule & Company Ltd ANDREWYU	-52%	−9.0 pp	Mar 2026

Full 20-quarter history · every available company

OPM · reported quarter history

Showing the 12 largest of 20 companies with a series here. The remaining 8 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

3M India Ltd · 3MINDIA

Sep 202111%

Dec 202112%

Mar 202217%

Jun 202212%

Sep 202213%

Dec 202217%

Mar 202319%

Jun 202316%

Sep 202318%

Dec 202318%

Mar 202420%

Jun 202420%

Sep 202416%

Dec 202414%

Mar 202519%

Jun 202520%

Sep 202520%

Dec 202518%

Mar 202617%

Jun 2026—

Andrew Yule & Company Ltd · ANDREWYU

Sep 20219.6%

Dec 2021-2.0%

Mar 2022-18%

Jun 2022-31%

Sep 202219%

Dec 20224.8%

Mar 2023-20%

Jun 2023-36%

Sep 2023-14%

Dec 2023-25%

Mar 2024-46%

Jun 2024-21%

Sep 202411%

Dec 2024-29%

Mar 2025-43%

Jun 2025-49%

Sep 2025-6.0%

Dec 2025-18%

Mar 2026-52%

Jun 2026—

Arunis Abode Ltd · ARUNIS

Sep 202140%

Dec 202128%

Mar 2022-170%

Jun 2022-533%

Sep 202242%

Dec 202280%

Mar 202347%

Jun 2023-23%

Sep 202372%

Dec 202364%

Mar 202430%

Jun 2024—

Sep 2024—

Dec 2024—

Mar 2025—

Jun 202542%

Sep 202564%

Dec 202529%

Mar 2026—

Jun 2026—

Balmer Lawrie & Company Ltd · BALMLAWRIE

Sep 20216.5%

Dec 20217.1%

Mar 202211%

Jun 20229.5%

Sep 20227.0%

Dec 202210%

Mar 20239.0%

Jun 202311%

Sep 202313%

Dec 202313%

Mar 202416%

Jun 202410%

Sep 202411%

Dec 202413%

Mar 202516%

Jun 202512%

Sep 202511%

Dec 202513%

Mar 202615%

Jun 2026—

Bluspring Enterprises Ltd · BLUSPRING⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024—

Sep 20242.9%

Dec 20242.6%

Mar 20250.6%

Jun 20251.5%

Sep 20252.0%

Dec 20252.8%

Mar 20262.9%

Jun 2026—

Grasim Industries Ltd · GRASIM

Sep 202122%

Dec 202120%

Mar 202219%

Jun 202221%

Sep 202217%

Dec 202217%

Mar 202318%

Jun 202320%

Sep 202320%

Dec 202322%

Mar 202421%

Jun 202419%

Sep 202418%

Dec 202419%

Mar 202520%

Jun 202522%

Sep 202519%

Dec 202520%

Mar 202621%

Jun 2026—

Indiabulls Limited · IBULLSLTD

Sep 2021—

Dec 2021-100%

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023-408%

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024—

Sep 202411%

Dec 202423%

Mar 2025-180%

Jun 202515%

Sep 202545%

Dec 2025-15%

Mar 202642%

Jun 202643%

Nava Ltd · NAVA

Sep 202141%

Dec 202143%

Mar 202240%

Jun 202245%

Sep 202237%

Dec 202245%

Mar 202339%

Jun 202351%

Sep 202339%

Dec 202344%

Mar 202441%

Jun 202448%

Sep 202446%

Dec 202453%

Mar 202537%

Jun 202549%

Sep 202533%

Dec 202545%

Mar 202632%

Jun 2026—

Piramal Enterprises Ltd(Merged) · PEL

Sep 202192%

Dec 202157%

Mar 202228%

Jun 202273%

Sep 2022-100%

Dec 202235%

Mar 202338%

Jun 202360%

Sep 202351%

Dec 202349%

Mar 2024-15%

Jun 202466%

Sep 202459%

Dec 202451%

Mar 202546%

Jun 202565%

Sep 2025—

Dec 2025—

Mar 2026—

Jun 2026—

Swan Corp Ltd · 503310

Sep 202141%

Dec 202118%

Mar 20227.7%

Jun 20222.1%

Sep 20220.9%

Dec 20227.6%

Mar 202320%

Jun 202330%

Sep 202321%

Dec 202316%

Mar 20248.0%

Jun 202433%

Sep 202412%

Dec 2024-34%

Mar 20251.6%

Jun 20252.2%

Sep 20250.4%

Dec 20252.2%

Mar 2026-30%

Jun 2026—

Texmaco Infrastructure & Holdings Ltd · TEXINFRA⚠ unverified

Sep 2021-37%

Dec 2021-124%

Mar 2022-11%

Jun 2022-12%

Sep 20225.8%

Dec 2022-6.0%

Mar 2023-24%

Jun 2023-15%

Sep 2023-1.2%

Dec 2023-5.7%

Mar 2024-41%

Jun 2024-11%

Sep 2024-57%

Dec 20241.3%

Mar 2025-121%

Jun 2025-11%

Sep 2025-5.2%

Dec 2025-51%

Mar 2026-42%

Jun 2026—

Tube Investments of India Ltd · TIINDIA

Sep 202112%

Dec 202113%

Mar 202210%

Jun 202211%

Sep 202214%

Dec 202213%

Mar 202313%

Jun 202312%

Sep 202313%

Dec 202311%

Mar 202410%

Jun 202412%

Sep 202410%

Dec 202410%

Mar 20257.0%

Jun 202510%

Sep 202510%

Dec 202510%

Mar 20269.0%

Jun 2026—

Margin change · reported quarter history

Showing the 12 largest of 20 companies with a series here. The remaining 8 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

3M India Ltd · 3MINDIA

Sep 2021−5.4 pp

Dec 2021−0.4 pp

Mar 2022+4.6 pp

Jun 2022+6.0 pp

Sep 2022+2.0 pp

Dec 2022+5.0 pp

Mar 2023+2.0 pp

Jun 2023+4.0 pp

Sep 2023+5.0 pp

Dec 2023+1.0 pp

Mar 2024+1.0 pp

Jun 2024+4.0 pp

Sep 2024−2.0 pp

Dec 2024−4.0 pp

Mar 2025−1.0 pp

Jun 20250.0 pp

Sep 2025+4.0 pp

Dec 2025+3.5 pp

Mar 2026−1.8 pp

Jun 2026—

Andrew Yule & Company Ltd · ANDREWYU

Sep 2021−17.4 pp

Dec 2021−1.4 pp

Mar 2022+34.2 pp

Jun 2022−19.2 pp

Sep 2022+9.3 pp

Dec 2022+6.9 pp

Mar 2023−2.0 pp

Jun 2023−4.9 pp

Sep 2023−32.9 pp

Dec 2023−29.8 pp

Mar 2024−26.0 pp

Jun 2024+15.0 pp

Sep 2024+25.0 pp

Dec 2024−4.0 pp

Mar 2025+3.0 pp

Jun 2025−28.0 pp

Sep 2025−17.0 pp

Dec 2025+11.0 pp

Mar 2026−9.0 pp

Jun 2026—

Arunis Abode Ltd · ARUNIS

Sep 2021−52.3 pp

Dec 2021−58.5 pp

Mar 2022−136.7 pp

Jun 2022−593.3 pp

Sep 2022+2.0 pp

Dec 2022+51.9 pp

Mar 2023+217.3 pp

Jun 2023+509.9 pp

Sep 2023+30.1 pp

Dec 2023−16.2 pp

Mar 2024−17.7 pp

Jun 2024—

Sep 2024—

Dec 2024—

Mar 2025—

Jun 2025—

Sep 2025—

Dec 2025—

Mar 2026—

Jun 2026—

Balmer Lawrie & Company Ltd · BALMLAWRIE

Sep 2021−1.3 pp

Dec 2021+1.0 pp

Mar 2022−6.9 pp

Jun 2022+1.9 pp

Sep 2022+0.5 pp

Dec 2022+2.9 pp

Mar 2023−2.2 pp

Jun 2023+1.5 pp

Sep 2023+6.0 pp

Dec 2023+3.0 pp

Mar 2024+7.0 pp

Jun 2024−1.0 pp

Sep 2024−2.0 pp

Dec 20240.0 pp

Mar 20250.0 pp

Jun 2025+2.0 pp

Sep 20250.0 pp

Dec 20250.0 pp

Mar 2026−1.0 pp

Jun 2026—

Bluspring Enterprises Ltd · BLUSPRING⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024—

Sep 2024—

Dec 2024—

Mar 2025—

Jun 2025—

Sep 2025−0.9 pp

Dec 2025+0.2 pp

Mar 2026+2.3 pp

Jun 2026—

Grasim Industries Ltd · GRASIM

Sep 2021−2.9 pp

Dec 2021−4.2 pp

Mar 2022−5.6 pp

Jun 2022−5.4 pp

Sep 2022−5.0 pp

Dec 2022−3.0 pp

Mar 2023−0.5 pp

Jun 2023−1.3 pp

Sep 2023+3.3 pp

Dec 2023+5.0 pp

Mar 2024+3.0 pp

Jun 2024−1.0 pp

Sep 2024−2.0 pp

Dec 2024−3.0 pp

Mar 2025−1.0 pp

Jun 2025+3.0 pp

Sep 2025+1.0 pp

Dec 2025+1.0 pp

Mar 2026+1.0 pp

Jun 2026—

Indiabulls Limited · IBULLSLTD

Sep 2021−22,164.8 pp

Dec 2021−101.0 pp

Mar 2022−3,794.3 pp

Jun 2022−3,005.7 pp

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023+2,613.4 pp

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024—

Sep 2024—

Dec 2024—

Mar 2025—

Jun 2025—

Sep 2025+34.0 pp

Dec 2025−38.0 pp

Mar 2026+222.0 pp

Jun 2026+28.0 pp

Nava Ltd · NAVA

Sep 2021+0.9 pp

Dec 2021+1.6 pp

Mar 2022+2.5 pp

Jun 2022+13.3 pp

Sep 2022−4.5 pp

Dec 2022+2.0 pp

Mar 2023−0.6 pp

Jun 2023+5.9 pp

Sep 2023+2.5 pp

Dec 2023−1.0 pp

Mar 2024+2.0 pp

Jun 2024−3.0 pp

Sep 2024+7.0 pp

Dec 2024+9.0 pp

Mar 2025−4.0 pp

Jun 2025+1.0 pp

Sep 2025−13.0 pp

Dec 2025−8.0 pp

Mar 2026−5.0 pp

Jun 2026—

Piramal Enterprises Ltd(Merged) · PEL

Sep 2021+31.2 pp

Dec 2021−2.8 pp

Mar 2022−24.0 pp

Jun 2022+19.9 pp

Sep 2022−191.5 pp

Dec 2022−21.5 pp

Mar 2023+9.9 pp

Jun 2023−13.5 pp

Sep 2023+150.7 pp

Dec 2023+13.4 pp

Mar 2024−53.4 pp

Jun 2024+6.0 pp

Sep 2024+8.1 pp

Dec 2024+2.7 pp

Mar 2025+61.4 pp

Jun 2025−0.7 pp

Sep 2025—

Dec 2025—

Mar 2026—

Jun 2026—

Swan Corp Ltd · 503310

Sep 2021+27.3 pp

Dec 2021+3.8 pp

Mar 2022−26.5 pp

Jun 2022−14.8 pp

Sep 2022−39.8 pp

Dec 2022−10.2 pp

Mar 2023+12.3 pp

Jun 2023+27.9 pp

Sep 2023+20.1 pp

Dec 2023+8.4 pp

Mar 2024−12.0 pp

Jun 2024+3.0 pp

Sep 2024−9.0 pp

Dec 2024−50.0 pp

Mar 2025−6.4 pp

Jun 2025−30.8 pp

Sep 2025−11.6 pp

Dec 2025+36.2 pp

Mar 2026−31.6 pp

Jun 2026—

Texmaco Infrastructure & Holdings Ltd · TEXINFRA⚠ unverified

Sep 2021−54.2 pp

Dec 2021−156.9 pp

Mar 2022+78.2 pp

Jun 2022+6.1 pp

Sep 2022+43.1 pp

Dec 2022+118.3 pp

Mar 2023−13.3 pp

Jun 2023−3.0 pp

Sep 2023−6.9 pp

Dec 2023+0.3 pp

Mar 2024−16.1 pp

Jun 2024+3.9 pp

Sep 2024−55.8 pp

Dec 2024+6.9 pp

Mar 2025−80.2 pp

Jun 2025+0.2 pp

Sep 2025+51.7 pp

Dec 2025−52.3 pp

Mar 2026+78.8 pp

Jun 2026—

Tube Investments of India Ltd · TIINDIA

Sep 2021−3.0 pp

Dec 2021−0.1 pp

Mar 2022+0.2 pp

Jun 2022−1.0 pp

Sep 2022+1.9 pp

Dec 2022+0.1 pp

Mar 2023+2.7 pp

Jun 2023+1.5 pp

Sep 2023−0.6 pp

Dec 2023−2.0 pp

Mar 2024−3.0 pp

Jun 20240.0 pp

Sep 2024−3.0 pp

Dec 2024−1.0 pp

Mar 2025−3.0 pp

Jun 2025−2.0 pp

Sep 20250.0 pp

Dec 20250.0 pp

Mar 2026+2.0 pp

Jun 2026—

03 · compare level, then change

Profit Scale & Acceleration

Grasim Industries Ltd has the highest Net profit among the 20 Diversified companies compared here, at ₹10,300 crore. Tube Investments of India Ltd is next at ₹1,118 crore. Piramal Enterprises Ltd(Merged) has the highest Profit growth at the 100% top of the scoring scale, so level and change sit with different companies.

What the numbers say: Grasim Industries Ltd leads with ₹10,300 crore of TTM profit, 821.3% above Tube Investments of India Ltd. Piramal Enterprises Ltd(Merged) shows ≥100% on the scoring scale growth from a ₹580 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

LeaderGrasim Industries Ltd · ₹10,300 crore

Gap821.3% versus #2 · Tube Investments of India Ltd

Persistence5/8 recent comparable periods

Coverage20/20 companies · 285 observations

Investor read: Grasim Industries Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.

Net profitlargest

1Grasim Industries Ltd GRASIM₹10.3K Cr

2Tube Investments of India Ltd TIINDIA₹1.1K Cr

3Nava Ltd NAVA₹1.0K Cr

4Piramal Enterprises Ltd(Merged) PEL · older report₹580 Cr

53M India Ltd 3MINDIA₹554 Cr

Profit growthfastest growers

1Piramal Enterprises Ltd(Merged) PEL · older report100%

2Texmaco Infrastructure & Holdings Ltd TEXINFRA⚠ unverified100%

3Integrated Industries Ltd IIL · older report95%

4Sobhagya Mercantile Ltd 51201442%

5Grasim Industries Ltd GRASIM33%

Net profit · company comparison

20/20 level · 13/20 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

Company	Net profit	Profit growth	Reported
Grasim Industries Ltd GRASIM	₹3.8K Cr	28%	Mar 2026
Piramal Enterprises Ltd(Merged) PEL	₹276 Cr	52%	Jun 2025
Swan Corp Ltd 503310	₹251 Cr	-100%	Mar 2026
Tube Investments of India Ltd TIINDIA	₹234 Cr	48%	Mar 2026
3M India Ltd 3MINDIA	₹216 Cr	204%	Mar 2026
Indiabulls Limited IBULLSLTD	₹141 Cr	—	Jun 2026
Nava Ltd NAVA	₹136 Cr	-55%	Mar 2026
Balmer Lawrie & Company Ltd BALMLAWRIE	₹83 Cr	12%	Mar 2026
Integrated Industries Ltd IIL	₹31 Cr	94%	Dec 2025
BCL Industries Ltd BCLIND⚠ unverified	₹26 Cr	-7.1%	Mar 2026
Kalind Ltd 526935	₹15 Cr	-100%	Mar 2026
Sobhagya Mercantile Ltd 512014	₹6 Cr	-25%	Mar 2026
Bluspring Enterprises Ltd BLUSPRING⚠ unverified	₹4 Cr	98%	Mar 2026
Arunis Abode Ltd ARUNIS	₹2 Cr	47%	Dec 2025
Rossell India Ltd ROSSELLIND	₹2 Cr	88%	Jun 2024
Texmaco Infrastructure & Holdings Ltd TEXINFRA⚠ unverified	₹1 Cr	-49%	Mar 2026
Bharat Global Developers Ltd BGDL	₹-0 Cr	-127%	Dec 2025
Nurture Well Industries Ltd 531889	₹-1 Cr	-105%	Mar 2026
Kesar Enterprises Ltd KESAR	₹-6 Cr	-113%	Dec 2025
Andrew Yule & Company Ltd ANDREWYU	₹-31 Cr	-100%	Mar 2026

Full 20-quarter history · every available company

Net profit · reported quarter history

Showing the 12 largest of 20 companies with a series here. The remaining 8 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

3M India Ltd · 3MINDIA

Sep 2021₹64 Cr

Dec 2021₹67 Cr

Mar 2022₹111 Cr

Jun 2022₹84 Cr

Sep 2022₹106 Cr

Dec 2022₹125 Cr

Mar 2023₹136 Cr

Jun 2023₹129 Cr

Sep 2023₹146 Cr

Dec 2023₹135 Cr

Mar 2024₹173 Cr

Jun 2024₹157 Cr

Sep 2024₹134 Cr

Dec 2024₹114 Cr

Mar 2025₹71 Cr

Jun 2025₹178 Cr

Sep 2025₹191 Cr

Dec 2025₹-62 Cr

Mar 2026₹216 Cr

Jun 2026—

Andrew Yule & Company Ltd · ANDREWYU

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022₹7 Cr

Mar 2023₹-6 Cr

Jun 2023₹-8 Cr

Sep 2023₹-5 Cr

Dec 2023₹-12 Cr

Mar 2024₹-22 Cr

Jun 2024₹-3 Cr

Sep 2024₹15 Cr

Dec 2024₹-14 Cr

Mar 2025₹-1 Cr

Jun 2025₹20 Cr

Sep 2025₹0 Cr

Dec 2025₹-9 Cr

Mar 2026₹-31 Cr

Jun 2026—

Arunis Abode Ltd · ARUNIS

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022₹1 Cr

Mar 2023₹0 Cr

Jun 2023₹-0 Cr

Sep 2023₹0 Cr

Dec 2023₹0 Cr

Mar 2024₹0 Cr

Jun 2024₹-0 Cr

Sep 2024₹-0 Cr

Dec 2024₹-0 Cr

Mar 2025₹0 Cr

Jun 2025₹5 Cr

Sep 2025₹9 Cr

Dec 2025₹2 Cr

Mar 2026—

Jun 2026—

Balmer Lawrie & Company Ltd · BALMLAWRIE

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022₹35 Cr

Mar 2023₹43 Cr

Jun 2023₹56 Cr

Sep 2023₹63 Cr

Dec 2023₹66 Cr

Mar 2024₹73 Cr

Jun 2024₹63 Cr

Sep 2024₹61 Cr

Dec 2024₹62 Cr

Mar 2025₹74 Cr

Jun 2025₹67 Cr

Sep 2025₹55 Cr

Dec 2025₹65 Cr

Mar 2026₹83 Cr

Jun 2026—

Bluspring Enterprises Ltd · BLUSPRING⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024—

Sep 2024₹2 Cr

Dec 2024₹-158 Cr

Mar 2025₹-23 Cr

Jun 2025₹-7 Cr

Sep 2025₹4 Cr

Dec 2025₹-23 Cr

Mar 2026₹4 Cr

Jun 2026—

Grasim Industries Ltd · GRASIM

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022₹4.5K Cr

Mar 2023₹2.4K Cr

Jun 2023₹2.6K Cr

Sep 2023₹2.0K Cr

Dec 2023₹2.6K Cr

Mar 2024₹2.7K Cr

Jun 2024₹2.1K Cr

Sep 2024₹983 Cr

Dec 2024₹1.7K Cr

Mar 2025₹3.0K Cr

Jun 2025₹2.8K Cr

Sep 2025₹1.5K Cr

Dec 2025₹2.2K Cr

Mar 2026₹3.8K Cr

Jun 2026—

Indiabulls Limited · IBULLSLTD

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022₹-7 Cr

Mar 2023₹-71 Cr

Jun 2023₹-6 Cr

Sep 2023₹-6 Cr

Dec 2023₹-4 Cr

Mar 2024₹-7 Cr

Jun 2024₹-5 Cr

Sep 2024₹-13 Cr

Dec 2024₹-3 Cr

Mar 2025₹-164 Cr

Jun 2025₹-2 Cr

Sep 2025₹75 Cr

Dec 2025₹78 Cr

Mar 2026₹194 Cr

Jun 2026₹141 Cr

Nava Ltd · NAVA

Sep 2021₹-16 Cr

Dec 2021₹191 Cr

Mar 2022₹360 Cr

Jun 2022₹339 Cr

Sep 2022₹178 Cr

Dec 2022₹363 Cr

Mar 2023₹341 Cr

Jun 2023₹343 Cr

Sep 2023₹193 Cr

Dec 2023₹465 Cr

Mar 2024₹255 Cr

Jun 2024₹446 Cr

Sep 2024₹332 Cr

Dec 2024₹353 Cr

Mar 2025₹303 Cr

Jun 2025₹399 Cr

Sep 2025₹178 Cr

Dec 2025₹326 Cr

Mar 2026₹136 Cr

Jun 2026—

Piramal Enterprises Ltd(Merged) · PEL

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022₹8.2K Cr

Sep 2022₹-1.5K Cr

Dec 2022₹3.5K Cr

Mar 2023₹-196 Cr

Jun 2023₹509 Cr

Sep 2023₹48 Cr

Dec 2023₹-2.4K Cr

Mar 2024₹137 Cr

Jun 2024₹181 Cr

Sep 2024₹163 Cr

Dec 2024₹39 Cr

Mar 2025₹102 Cr

Jun 2025₹276 Cr

Sep 2025—

Dec 2025—

Mar 2026—

Jun 2026—

Swan Corp Ltd · 503310

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022₹0 Cr

Mar 2023₹62 Cr

Jun 2023₹145 Cr

Sep 2023₹166 Cr

Dec 2023₹220 Cr

Mar 2024₹56 Cr

Jun 2024₹268 Cr

Sep 2024₹67 Cr

Dec 2024₹562 Cr

Mar 2025₹-22 Cr

Jun 2025₹27 Cr

Sep 2025₹-6 Cr

Dec 2025₹-1 Cr

Mar 2026₹251 Cr

Jun 2026—

Texmaco Infrastructure & Holdings Ltd · TEXINFRA⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022₹0 Cr

Mar 2023₹0 Cr

Jun 2023₹0 Cr

Sep 2023₹2 Cr

Dec 2023₹0 Cr

Mar 2024₹3 Cr

Jun 2024₹0 Cr

Sep 2024₹3 Cr

Dec 2024₹-11 Cr

Mar 2025₹1 Cr

Jun 2025₹3 Cr

Sep 2025₹6 Cr

Dec 2025₹1 Cr

Mar 2026₹1 Cr

Jun 2026—

Tube Investments of India Ltd · TIINDIA

Sep 2021₹202 Cr

Dec 2021₹390 Cr

Mar 2022₹225 Cr

Jun 2022₹247 Cr

Sep 2022₹277 Cr

Dec 2022₹324 Cr

Mar 2023₹477 Cr

Jun 2023₹284 Cr

Sep 2023₹346 Cr

Dec 2023₹828 Cr

Mar 2024₹274 Cr

Jun 2024₹317 Cr

Sep 2024₹299 Cr

Dec 2024₹280 Cr

Mar 2025₹158 Cr

Jun 2025₹303 Cr

Sep 2025₹302 Cr

Dec 2025₹279 Cr

Mar 2026₹234 Cr

Jun 2026—

Profit growth · reported quarter history

Showing the 12 largest of 19 companies with a series here. The remaining 7 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

3M India Ltd · 3MINDIA

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022180%

Sep 202266%

Dec 202287%

Mar 202323%

Jun 202354%

Sep 202338%

Dec 20238.0%

Mar 202427%

Jun 202422%

Sep 2024-8.2%

Dec 2024-16%

Mar 2025-59%

Jun 202513%

Sep 202543%

Dec 2025-154%

Mar 2026204%

Jun 2026—

Andrew Yule & Company Ltd · ANDREWYU

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023-272%

Mar 2024—

Jun 2024—

Sep 2024—

Dec 2024—

Mar 2025—

Jun 2025—

Sep 2025-100%

Dec 2025—

Mar 2026—

Jun 2026—

Arunis Abode Ltd · ARUNIS

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023-80%

Mar 202488%

Jun 2024—

Sep 2024-142%

Dec 2024-211%

Mar 202547%

Jun 2025—

Sep 2025—

Dec 2025—

Mar 2026—

Jun 2026—

Balmer Lawrie & Company Ltd · BALMLAWRIE

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 202389%

Mar 202470%

Jun 202413%

Sep 2024-3.2%

Dec 2024-6.1%

Mar 20251.4%

Jun 20256.4%

Sep 2025-9.8%

Dec 20254.8%

Mar 202612%

Jun 2026—

BCL Industries Ltd · BCLIND⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 202343%

Mar 2024-4.0%

Jun 202425%

Sep 202450%

Dec 2024-36%

Mar 202517%

Jun 202532%

Sep 20256.7%

Dec 202567%

Mar 2026-7.1%

Jun 2026—

Bluspring Enterprises Ltd · BLUSPRING⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024—

Sep 2024—

Dec 2024—

Mar 2025—

Jun 2025—

Sep 202598%

Dec 2025—

Mar 2026—

Jun 2026—

Grasim Industries Ltd · GRASIM

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023-42%

Mar 202416%

Jun 2024-20%

Sep 2024-51%

Dec 2024-33%

Mar 20259.2%

Jun 202534%

Sep 202552%

Dec 202529%

Mar 202628%

Jun 2026—

Nava Ltd · NAVA

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022792%

Sep 2022—

Dec 202290%

Mar 2023-5.3%

Jun 20231.2%

Sep 20238.4%

Dec 202328%

Mar 2024-25%

Jun 202430%

Sep 202472%

Dec 2024-24%

Mar 202519%

Jun 2025-11%

Sep 2025-46%

Dec 2025-7.7%

Mar 2026-55%

Jun 2026—

Piramal Enterprises Ltd(Merged) · PEL

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023-94%

Sep 2023—

Dec 2023-167%

Mar 2024—

Jun 2024-64%

Sep 2024240%

Dec 2024—

Mar 2025-26%

Jun 202552%

Sep 2025—

Dec 2025—

Mar 2026—

Jun 2026—

Swan Corp Ltd · 503310

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024-9.7%

Jun 202485%

Sep 2024-60%

Dec 2024155%

Mar 2025-139%

Jun 2025-90%

Sep 2025-109%

Dec 2025-100%

Mar 2026—

Jun 2026—

Texmaco Infrastructure & Holdings Ltd · TEXINFRA⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023860%

Mar 20242,410%

Jun 20245.9%

Sep 202428%

Dec 2024-2,456%

Mar 2025-46%

Jun 2025844%

Sep 2025128%

Dec 2025—

Mar 2026-49%

Jun 2026—

Tube Investments of India Ltd · TIINDIA

Sep 2021—

Dec 2021—

Mar 2022—

Jun 202283%

Sep 202237%

Dec 2022-17%

Mar 2023112%

Jun 202315%

Sep 202325%

Dec 2023156%

Mar 2024-43%

Jun 202412%

Sep 2024-14%

Dec 2024-66%

Mar 2025-42%

Jun 2025-4.4%

Sep 20251.0%

Dec 2025-0.4%

Mar 202648%

Jun 2026—

04 · not available

Capacity Spending & Returns On It

No company in this Diversified comparison reports capital expenditure on a comparable basis, so there is nothing to rank here — 0 of 20 companies have a usable current reading. The section is shown rather than removed so an unavailable metric is not mistaken for one that was quietly left out. Filings were read through Jun 2026.

CAPEX is cash spent on property, plant, equipment and other reported capital assets. CAPEX intensity divides that spend by revenue; high intensity is a reinvestment signal, not proof that the reinvestment will earn attractive returns.

Withheld from this comparison: Grasim Industries Ltd (GRASIM) — its two data sources disagree by up to 14% on reported income across 14 comparable periods, so its derived ratios are withheld; Indiabulls Limited (IBULLSLTD) — its two data sources disagree by up to 100% on reported income across 14 comparable periods, so its derived ratios are withheld; Balmer Lawrie & Company Ltd (BALMLAWRIE) — its two data sources disagree by up to 28% on reported income across 14 comparable periods, so its derived ratios are withheld. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.

05 · compare level, then change

Debt Load & Balance-Sheet Headroom

Arunis Abode Ltd has the lowest Gross debt among the 20 Diversified companies compared here, at ₹0 crore. Kesar Enterprises Ltd is next at ₹9 crore. Tube Investments of India Ltd has the lowest Net debt at ₹3,224 crore net cash, so level and change sit with different companies.

What the numbers say: Tube Investments of India Ltd has the clearest covered balance-sheet capacity with ₹3,224 crore net cash and gross debt of ₹754 crore. Absolute debt alone does not identify the strongest balance sheet because company scale differs; net debt and debt-to-equity carry more information.

LeaderArunis Abode Ltd · ₹0 crore

Gap100% versus #2 · Kesar Enterprises Ltd

PersistenceNot enough history

Coverage20/20 companies · 176 observations

Investor read: Prioritize net-cash capacity and leverage relative to operating scale, not the smallest absolute rupee debt.

This conclusion weakens if: Net debt rises faster than revenue and profit for two consecutive reported periods.

Gross debt shows contractual borrowings. Net debt subtracts reported cash; a negative value means net cash. Lower debt can create capacity, but should be read against the scale and capital intensity of the business.

Gross debtlowest gross debt

1Arunis Abode Ltd ARUNIS · older report₹0 Cr

2Kesar Enterprises Ltd KESAR · older report₹9 Cr

3Kalind Ltd 526935₹10 Cr

4Integrated Industries Ltd IIL · older report₹11 Cr

5Sobhagya Mercantile Ltd 512014₹22 Cr

Net debtlowest net debt

1Tube Investments of India Ltd TIINDIA₹-3.2K Cr

23M India Ltd 3MINDIA₹-648 Cr

3Texmaco Infrastructure & Holdings Ltd TEXINFRA⚠ unverified₹25 Cr

4Bluspring Enterprises Ltd BLUSPRING⚠ unverified₹81 Cr

5Nava Ltd NAVA₹111 Cr

Debt and balance-sheet capacity · company comparison

20/20 level · 6/20 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

Company	Gross debt	Net debt	Reported
Grasim Industries Ltd GRASIM	₹2.3 L Cr	—	Mar 2026
Piramal Enterprises Ltd(Merged) PEL	₹65.6K Cr	—	Jun 2025
Nava Ltd NAVA	₹2.2K Cr	₹111 Cr	Mar 2026
Swan Corp Ltd 503310	₹2.1K Cr	—	Mar 2026
Tube Investments of India Ltd TIINDIA	₹754 Cr	₹-3.2K Cr	Mar 2026
BCL Industries Ltd BCLIND⚠ unverified	₹569 Cr	₹371 Cr	Mar 2026
Indiabulls Limited IBULLSLTD	₹459 Cr	—	Jun 2026
Balmer Lawrie & Company Ltd BALMLAWRIE	₹220 Cr	—	Mar 2026
Rossell India Ltd ROSSELLIND	₹194 Cr	—	Jun 2024
3M India Ltd 3MINDIA	₹170 Cr	₹-648 Cr	Mar 2026
Bluspring Enterprises Ltd BLUSPRING⚠ unverified	₹136 Cr	₹81 Cr	Mar 2026
Andrew Yule & Company Ltd ANDREWYU	₹121 Cr	—	Mar 2026
Bharat Global Developers Ltd BGDL	₹81 Cr	—	Dec 2025
Nurture Well Industries Ltd 531889	₹35 Cr	—	Mar 2026
Texmaco Infrastructure & Holdings Ltd TEXINFRA⚠ unverified	₹28 Cr	₹25 Cr	Mar 2026
Sobhagya Mercantile Ltd 512014	₹22 Cr	—	Mar 2026
Integrated Industries Ltd IIL	₹11 Cr	—	Dec 2025
Kalind Ltd 526935	₹10 Cr	—	Mar 2026
Kesar Enterprises Ltd KESAR	₹9 Cr	—	Dec 2025
Arunis Abode Ltd ARUNIS	₹0 Cr	—	Dec 2025

Full 20-quarter history · every available company

Gross debt · reported quarter history

Showing the 12 largest of 20 companies with a series here. The remaining 8 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

3M India Ltd · 3MINDIA

Sep 2021₹30 Cr

Dec 2021₹30 Cr

Mar 2022₹25 Cr

Jun 2022₹25 Cr

Sep 2022₹22 Cr

Dec 2022₹22 Cr

Mar 2023₹27 Cr

Jun 2023₹27 Cr

Sep 2023₹24 Cr

Dec 2023₹24 Cr

Mar 2024₹18 Cr

Jun 2024₹18 Cr

Sep 2024₹103 Cr

Dec 2024₹103 Cr

Mar 2025₹100 Cr

Jun 2025₹100 Cr

Sep 2025₹103 Cr

Dec 2025₹103 Cr

Mar 2026₹170 Cr

Jun 2026—

Andrew Yule & Company Ltd · ANDREWYU

Sep 2021—

Dec 2021—

Mar 2022₹67 Cr

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023₹100 Cr

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024₹114 Cr

Jun 2024—

Sep 2024—

Dec 2024—

Mar 2025₹105 Cr

Jun 2025—

Sep 2025₹120 Cr

Dec 2025—

Mar 2026₹121 Cr

Jun 2026—

Arunis Abode Ltd · ARUNIS

Sep 2021—

Dec 2021—

Mar 2022₹2 Cr

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023₹3 Cr

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024₹1 Cr

Jun 2024—

Sep 2024—

Dec 2024—

Mar 2025₹1 Cr

Jun 2025—

Sep 2025₹0 Cr

Dec 2025—

Mar 2026—

Jun 2026—

Balmer Lawrie & Company Ltd · BALMLAWRIE

Sep 2021—

Dec 2021—

Mar 2022₹122 Cr

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023₹121 Cr

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024₹113 Cr

Jun 2024—

Sep 2024—

Dec 2024—

Mar 2025₹106 Cr

Jun 2025—

Sep 2025₹237 Cr

Dec 2025—

Mar 2026₹220 Cr

Jun 2026—

Bluspring Enterprises Ltd · BLUSPRING⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024₹160 Cr

Jun 2024—

Sep 2024—

Dec 2024₹160 Cr

Mar 2025₹140 Cr

Jun 2025₹140 Cr

Sep 2025₹243 Cr

Dec 2025₹243 Cr

Mar 2026₹136 Cr

Jun 2026—

Grasim Industries Ltd · GRASIM

Sep 2021—

Dec 2021—

Mar 2022₹74.7K Cr

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023₹1.0 L Cr

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024₹1.4 L Cr

Jun 2024—

Sep 2024—

Dec 2024—

Mar 2025₹1.9 L Cr

Jun 2025—

Sep 2025₹2.1 L Cr

Dec 2025—

Mar 2026₹2.3 L Cr

Jun 2026—

Indiabulls Limited · IBULLSLTD

Sep 2021—

Dec 2021—

Mar 2022₹502 Cr

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023₹214 Cr

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024₹244 Cr

Jun 2024—

Sep 2024—

Dec 2024—

Mar 2025₹263 Cr

Jun 2025—

Sep 2025₹495 Cr

Dec 2025—

Mar 2026₹459 Cr

Jun 2026—

Nava Ltd · NAVA

Sep 2021₹3.4K Cr

Dec 2021₹3.4K Cr

Mar 2022₹3.6K Cr

Jun 2022₹3.6K Cr

Sep 2022₹3.9K Cr

Dec 2022₹3.9K Cr

Mar 2023₹3.1K Cr

Jun 2023₹3.1K Cr

Sep 2023₹1.4K Cr

Dec 2023₹1.4K Cr

Mar 2024₹414 Cr

Jun 2024₹414 Cr

Sep 2024₹684 Cr

Dec 2024₹684 Cr

Mar 2025₹893 Cr

Jun 2025₹893 Cr

Sep 2025₹1.6K Cr

Dec 2025₹1.6K Cr

Mar 2026₹2.2K Cr

Jun 2026—

Piramal Enterprises Ltd(Merged) · PEL

Sep 2021—

Dec 2021—

Mar 2022₹55.5K Cr

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023₹49.6K Cr

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024₹53.6K Cr

Jun 2024—

Sep 2024—

Dec 2024—

Mar 2025₹65.6K Cr

Jun 2025—

Sep 2025—

Dec 2025—

Mar 2026—

Jun 2026—

Swan Corp Ltd · 503310

Sep 2021—

Dec 2021—

Mar 2022₹4.1K Cr

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023₹5.0K Cr

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024₹3.4K Cr

Jun 2024—

Sep 2024—

Dec 2024—

Mar 2025₹2.8K Cr

Jun 2025—

Sep 2025₹373 Cr

Dec 2025—

Mar 2026₹2.1K Cr

Jun 2026—

Texmaco Infrastructure & Holdings Ltd · TEXINFRA⚠ unverified

Sep 2021₹28 Cr

Dec 2021₹28 Cr

Mar 2022₹29 Cr

Jun 2022₹29 Cr

Sep 2022₹30 Cr

Dec 2022₹30 Cr

Mar 2023₹30 Cr

Jun 2023₹30 Cr

Sep 2023₹32 Cr

Dec 2023₹32 Cr

Mar 2024₹32 Cr

Jun 2024₹32 Cr

Sep 2024₹31 Cr

Dec 2024₹31 Cr

Mar 2025₹30 Cr

Jun 2025₹30 Cr

Sep 2025₹29 Cr

Dec 2025₹29 Cr

Mar 2026₹28 Cr

Jun 2026—

Tube Investments of India Ltd · TIINDIA

Sep 2021₹1.6K Cr

Dec 2021₹1.6K Cr

Mar 2022₹871 Cr

Jun 2022₹871 Cr

Sep 2022₹912 Cr

Dec 2022₹912 Cr

Mar 2023₹726 Cr

Jun 2023₹1.1K Cr

Sep 2023₹2.0K Cr

Dec 2023₹2.0K Cr

Mar 2024₹896 Cr

Jun 2024₹2.1K Cr

Sep 2024₹3.0K Cr

Dec 2024₹3.0K Cr

Mar 2025₹703 Cr

Jun 2025₹3.1K Cr

Sep 2025₹705 Cr

Dec 2025₹3.1K Cr

Mar 2026₹754 Cr

Jun 2026—

Net debt · reported quarter history

3M India Ltd · 3MINDIA

Sep 2021₹-1.2K Cr

Dec 2021₹-1.2K Cr

Mar 2022₹-1.3K Cr

Jun 2022₹-1.3K Cr

Sep 2022₹-1.4K Cr

Dec 2022₹-1.4K Cr

Mar 2023₹-771 Cr

Jun 2023₹-771 Cr

Sep 2023₹-981 Cr

Dec 2023₹-981 Cr

Mar 2024₹-1.3K Cr

Jun 2024₹-1.3K Cr

Sep 2024₹-524 Cr

Dec 2024₹-524 Cr

Mar 2025₹-833 Cr

Jun 2025₹-833 Cr

Sep 2025₹-516 Cr

Dec 2025₹-516 Cr

Mar 2026₹-648 Cr

Jun 2026—

BCL Industries Ltd · BCLIND⚠ unverified

Sep 2021₹125 Cr

Dec 2021₹125 Cr

Mar 2022₹242 Cr

Jun 2022₹239 Cr

Sep 2022₹365 Cr

Dec 2022₹365 Cr

Mar 2023₹436 Cr

Jun 2023₹430 Cr

Sep 2023₹483 Cr

Dec 2023₹483 Cr

Mar 2024₹475 Cr

Jun 2024₹471 Cr

Sep 2024₹359 Cr

Dec 2024₹359 Cr

Mar 2025₹516 Cr

Jun 2025₹508 Cr

Sep 2025₹520 Cr

Dec 2025₹520 Cr

Mar 2026₹371 Cr

Jun 2026—

Bluspring Enterprises Ltd · BLUSPRING⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024—

Sep 2024—

Dec 2024—

Mar 2025₹72 Cr

Jun 2025₹72 Cr

Sep 2025₹223 Cr

Dec 2025₹223 Cr

Mar 2026₹81 Cr

Jun 2026—

Nava Ltd · NAVA

Sep 2021₹3.0K Cr

Dec 2021—

Mar 2022₹3.3K Cr

Jun 2022—

Sep 2022₹3.3K Cr

Dec 2022—

Mar 2023₹2.7K Cr

Jun 2023—

Sep 2023₹1.0K Cr

Dec 2023—

Mar 2024₹148 Cr

Jun 2024—

Sep 2024₹-205 Cr

Dec 2024—

Mar 2025₹-96 Cr

Jun 2025—

Sep 2025₹-190 Cr

Dec 2025—

Mar 2026₹111 Cr

Jun 2026—

Texmaco Infrastructure & Holdings Ltd · TEXINFRA⚠ unverified

Sep 2021₹27 Cr

Dec 2021—

Mar 2022₹27 Cr

Jun 2022—

Sep 2022₹28 Cr

Dec 2022—

Mar 2023₹28 Cr

Jun 2023—

Sep 2023₹30 Cr

Dec 2023—

Mar 2024₹30 Cr

Jun 2024—

Sep 2024₹29 Cr

Dec 2024—

Mar 2025₹27 Cr

Jun 2025—

Sep 2025₹25 Cr

Dec 2025—

Mar 2026₹25 Cr

Jun 2026—

Tube Investments of India Ltd · TIINDIA

Sep 2021₹506 Cr

Dec 2021₹506 Cr

Mar 2022₹110 Cr

Jun 2022₹108 Cr

Sep 2022₹-416 Cr

Dec 2022₹-416 Cr

Mar 2023₹-407 Cr

Jun 2023₹-407 Cr

Sep 2023₹-402 Cr

Dec 2023₹-402 Cr

Mar 2024₹-444 Cr

Jun 2024₹234 Cr

Sep 2024₹-138 Cr

Dec 2024₹-138 Cr

Mar 2025₹175 Cr

Jun 2025₹196 Cr

Sep 2025₹747 Cr

Dec 2025₹747 Cr

Mar 2026₹-3.2K Cr

Jun 2026—

06 · compare level, then change

Return On Capital Employed

3M India Ltd has the highest ROCE among the 20 Diversified companies compared here, at 40.5%. Kalind Ltd is next at 32%. Kalind Ltd has the highest ROCE change at +37 percentage points, so level and change sit with different companies. 20 of 20 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: 3M India Ltd leads ROCE at 40.5%, 8.5 percentage points above Kalind Ltd. Kalind Ltd has the strongest latest improvement at +37 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.

Leader3M India Ltd · 40.5%

Gap26.6% versus #2 · Kalind Ltd

Persistence6/8 recent comparable periods

Coverage20/20 companies · 67 observations

Investor read: 3M India Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roce change signal.

ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.

ROCEhighest

13M India Ltd 3MINDIA41%

2Kalind Ltd 52693532%

3Integrated Industries Ltd IIL · older report31%

4Sobhagya Mercantile Ltd 51201423%

5Nurture Well Industries Ltd 53188923%

ROCE changefastest improvers

1Kalind Ltd 526935+37.0 pp

23M India Ltd 3MINDIA+10.1 pp

3Swan Corp Ltd 503310+5.0 pp

4Bharat Global Developers Ltd BGDL · older report+2.0 pp

5Andrew Yule & Company Ltd ANDREWYU+1.0 pp

Return on capital · company comparison

20/20 level · 19/20 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

Withheld from this chart: Grasim Industries Ltd (GRASIM) — its two data sources disagree by up to 14% on reported income across 14 comparable periods, so its derived ratios are withheld; Indiabulls Limited (IBULLSLTD) — its two data sources disagree by up to 100% on reported income across 14 comparable periods, so its derived ratios are withheld; Balmer Lawrie & Company Ltd (BALMLAWRIE) — its two data sources disagree by up to 28% on reported income across 14 comparable periods, so its derived ratios are withheld. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

Company	ROCE	ROCE change	Reported
3M India Ltd 3MINDIA	47%	+10.1 pp	Mar 2026
BCL Industries Ltd BCLIND⚠ unverified	16%	+0.9 pp	Mar 2026
Tube Investments of India Ltd TIINDIA	11%	−3.3 pp	Mar 2026
Nava Ltd NAVA	9.7%	−4.2 pp	Mar 2026
Bluspring Enterprises Ltd BLUSPRING⚠ unverified	3.3%	+1.0 pp	Mar 2026

Full 20-quarter history · every available company

ROCE · reported quarter history

3M India Ltd · 3MINDIA

Sep 202114%

Dec 2021—

Mar 202216%

Jun 202220%

Sep 202218%

Dec 202226%

Mar 202333%

Jun 202334%

Sep 202337%

Dec 202334%

Mar 202433%

Jun 202442%

Sep 202441%

Dec 202443%

Mar 202537%

Jun 202539%

Sep 202548%

Dec 2025—

Mar 202647%

Jun 2026—

BCL Industries Ltd · BCLIND⚠ unverified

Sep 202127%

Dec 2021—

Mar 202226%

Jun 2022—

Sep 202222%

Dec 2022—

Mar 202314%

Jun 2023—

Sep 202318%

Dec 202324%

Mar 202417%

Jun 202421%

Sep 202417%

Dec 202418%

Mar 202515%

Jun 202516%

Sep 202515%

Dec 202518%

Mar 202616%

Jun 2026—

Bluspring Enterprises Ltd · BLUSPRING⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024—

Sep 2024—

Dec 2024—

Mar 20252.3%

Jun 2025-15%

Sep 20250.7%

Dec 2025-2.0%

Mar 20263.3%

Jun 2026—

Nava Ltd · NAVA

Sep 20219.5%

Dec 2021—

Mar 202212%

Jun 2022—

Sep 202214%

Dec 2022—

Mar 202314%

Jun 2023—

Sep 202314%

Dec 202318%

Mar 202415%

Jun 202419%

Sep 202415%

Dec 202417%

Mar 202514%

Jun 202517%

Sep 202512%

Dec 202514%

Mar 20269.7%

Jun 2026—

Tube Investments of India Ltd · TIINDIA

Sep 202114%

Dec 2021—

Mar 202227%

Jun 2022—

Sep 202230%

Dec 2022—

Mar 202327%

Jun 2023—

Sep 202321%

Dec 202340%

Mar 202419%

Jun 202434%

Sep 202415%

Dec 202421%

Mar 202514%

Jun 202518%

Sep 202511%

Dec 202514%

Mar 202611%

Jun 2026—

ROCE change · reported quarter history

3M India Ltd · 3MINDIA

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022+4.9 pp

Dec 2022—

Mar 2023+17.6 pp

Jun 2023+14.1 pp

Sep 2023+18.6 pp

Dec 2023+8.6 pp

Mar 2024−0.6 pp

Jun 2024+8.2 pp

Sep 2024+4.0 pp

Dec 2024+8.5 pp

Mar 2025+4.1 pp

Jun 2025−3.1 pp

Sep 2025+6.5 pp

Dec 2025—

Mar 2026+10.1 pp

Jun 2026—

BCL Industries Ltd · BCLIND⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022−4.8 pp

Dec 2022—

Mar 2023−11.6 pp

Jun 2023—

Sep 2023−4.8 pp

Dec 2023—

Mar 2024+2.8 pp

Jun 2024—

Sep 2024−0.6 pp

Dec 2024−6.7 pp

Mar 2025−2.4 pp

Jun 2025−4.5 pp

Sep 2025−2.0 pp

Dec 2025−0.2 pp

Mar 2026+0.9 pp

Jun 2026—

Bluspring Enterprises Ltd · BLUSPRING⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024—

Sep 2024—

Dec 2024—

Mar 2025—

Jun 2025—

Sep 2025—

Dec 2025—

Mar 2026+1.0 pp

Jun 2026—

Nava Ltd · NAVA

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022+4.5 pp

Dec 2022—

Mar 2023+1.5 pp

Jun 2023—

Sep 2023+0.2 pp

Dec 2023—

Mar 2024+1.7 pp

Jun 2024—

Sep 2024+0.8 pp

Dec 2024−1.1 pp

Mar 2025−1.5 pp

Jun 2025−2.0 pp

Sep 2025−3.5 pp

Dec 2025−2.9 pp

Mar 2026−4.2 pp

Jun 2026—

Tube Investments of India Ltd · TIINDIA

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022+15.3 pp

Dec 2022—

Mar 2023+0.6 pp

Jun 2023—

Sep 2023−8.4 pp

Dec 2023—

Mar 2024−8.6 pp

Jun 2024—

Sep 2024−6.1 pp

Dec 2024−19.8 pp

Mar 2025−4.5 pp

Jun 2025−16.5 pp

Sep 2025−4.7 pp

Dec 2025−6.2 pp

Mar 2026−3.3 pp

Jun 2026—

07 · compare level, then change

Valuation Against Growth & Quality

Nava Ltd has the lowest Guarded PEG among the 20 Diversified companies compared here, at 1.16×. 3M India Ltd is next at 1.25×. Nurture Well Industries Ltd has the lowest P/E at 8.41×, so level and change sit with different companies. 3 of 20 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Nava Ltd has the lowest comparable Guarded PEG at 1.16×, 7.2% below 3M India Ltd. Only 3 of 20 companies pass the guard, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

LeaderNava Ltd · 1.16×

Gap7.2% versus #2 · 3M India Ltd

Persistence0/8 recent comparable periods

Coverage3/20 companies · 20 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/e signal.

PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data sources reconciled. A missing PEG is more honest than a low-base fiction.

Guarded PEGlowest PEG

1Nava Ltd NAVA1.2

23M India Ltd 3MINDIA1.3

3Tube Investments of India Ltd TIINDIA9.6

P/Elowest P/E

1Nurture Well Industries Ltd 5318898.4

2BCL Industries Ltd BCLIND⚠ unverified9.2

3Balmer Lawrie & Company Ltd BALMLAWRIE10.8

4Integrated Industries Ltd IIL · older report11.6

5Rossell India Ltd ROSSELLIND · older report11.8

Valuation · company comparison

3/20 level · 17/20 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

Company	Guarded PEG	P/E	Reported
Tube Investments of India Ltd TIINDIA	9.6	80.4	Mar 2026
3M India Ltd 3MINDIA	1.3	56.9	Mar 2026
Nava Ltd NAVA	1.2	17.4	Mar 2026
Swan Corp Ltd 503310	—	21.9	Mar 2026
Sobhagya Mercantile Ltd 512014	—	29.3	Mar 2026
Kalind Ltd 526935	—	65.7	Mar 2026
Nurture Well Industries Ltd 531889	—	10.2	Mar 2026
Grasim Industries Ltd GRASIM	—	38.8	Mar 2026
Piramal Enterprises Ltd(Merged) PEL	—	59.1	Jun 2025
Indiabulls Limited IBULLSLTD	—	18.4	Jun 2026
Balmer Lawrie & Company Ltd BALMLAWRIE	—	10.1	Mar 2026
Bluspring Enterprises Ltd BLUSPRING⚠ unverified	—	-49.5	Mar 2026
Texmaco Infrastructure & Holdings Ltd TEXINFRA⚠ unverified	—	107.9	Mar 2026
Andrew Yule & Company Ltd ANDREWYU	—	79.3	Mar 2026
Arunis Abode Ltd ARUNIS	—	112.3	Dec 2025
BCL Industries Ltd BCLIND⚠ unverified	—	6.8	Mar 2026
Integrated Industries Ltd IIL	—	9.2	Dec 2025
Bharat Global Developers Ltd BGDL	—	312.8	Dec 2025
Rossell India Ltd ROSSELLIND	—	45.9	Jun 2024
Kesar Enterprises Ltd KESAR	—	1.9	Dec 2025

Full 20-quarter history · every available company

Guarded PEG · reported quarter history

3M India Ltd · 3MINDIA

Sep 20215.0

Dec 202110.3

Mar 20221.9

Jun 2022—

Sep 20222.2

Dec 2022—

Mar 2023—

Jun 20231.3

Sep 20231.4

Dec 20231.7

Mar 20242.3

Jun 20242.4

Sep 20242.7

Dec 2024—

Mar 2025—

Jun 20254.0

Sep 20251.3

Dec 2025—

Mar 2026—

Jun 2026—

Nava Ltd · NAVA

Sep 2021—

Dec 2021—

Mar 2022—

Jun 20220.2

Sep 2022—

Dec 20220.1

Mar 2023—

Jun 2023—

Sep 2023—

Dec 20230.2

Mar 2024—

Jun 2024—

Sep 2024—

Dec 2024—

Mar 20251.0

Jun 2025—

Sep 20251.2

Dec 2025—

Mar 2026—

Jun 2026—

Tube Investments of India Ltd · TIINDIA

Sep 20211.0

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 20235.4

Sep 20239.6

Dec 2023—

Mar 2024—

Jun 2024—

Sep 2024—

Dec 2024—

Mar 2025—

Jun 2025—

Sep 2025—

Dec 2025—

Mar 2026—

Jun 2026—

P/E · reported quarter history

Showing the 12 largest of 20 companies with a series here. The remaining 8 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

3M India Ltd · 3MINDIA

Sep 2021118.9

Dec 2021127.4

Mar 202296.6

Jun 202284.7

Sep 202285.0

Dec 202267.1

Mar 202360.7

Jun 202367.5

Sep 202372.2

Dec 202378.4

Mar 202464.3

Jun 202471.1

Sep 202463.6

Dec 202456.1

Mar 202553.2

Jun 202552.8

Sep 202553.7

Dec 202563.7

Mar 202656.9

Jun 2026—

Andrew Yule & Company Ltd · ANDREWYU

Sep 202130.1

Dec 202190.5

Mar 202268.2

Jun 202290.7

Sep 202293.7

Dec 2022397.9

Mar 2023334.3

Jun 202390.8

Sep 2023113.8

Dec 2023105.3

Mar 2024—

Jun 2024—

Sep 2024—

Dec 2024—

Mar 2025—

Jun 2025—

Sep 202563.9

Dec 2025235.0

Mar 202679.3

Jun 2026—

Arunis Abode Ltd · ARUNIS

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022110.0

Sep 2022105.0

Dec 2022—

Mar 2023—

Jun 202396.0

Sep 20236.5

Dec 202318.0

Mar 202462.0

Jun 202458.3

Sep 202432.2

Dec 2024351.0

Mar 2025521.0

Jun 2025—

Sep 202585.2

Dec 2025112.3

Mar 2026—

Jun 2026—

Balmer Lawrie & Company Ltd · BALMLAWRIE

Sep 202113.5

Dec 202113.2

Mar 202212.0

Jun 202213.3

Sep 202212.2

Dec 202212.9

Mar 202310.9

Jun 202313.6

Sep 202315.2

Dec 202318.6

Mar 202417.5

Jun 202417.7

Sep 202417.5

Dec 202413.6

Mar 202511.9

Jun 202513.8

Sep 202512.9

Dec 202511.9

Mar 202610.1

Jun 2026—

Bluspring Enterprises Ltd · BLUSPRING⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024—

Sep 2024—

Dec 2024—

Mar 2025—

Jun 2025—

Sep 2025-6.4

Dec 2025—

Mar 2026-49.5

Jun 2026—

Grasim Industries Ltd · GRASIM

Sep 202119.1

Dec 202117.9

Mar 202216.6

Jun 202212.3

Sep 202215.1

Dec 202216.1

Mar 202313.8

Jun 202317.1

Sep 202320.2

Dec 202321.8

Mar 202427.7

Jun 202430.9

Sep 202434.8

Dec 202436.5

Mar 202544.9

Jun 202550.5

Sep 202545.1

Dec 202544.0

Mar 202638.8

Jun 2026—

Indiabulls Limited · IBULLSLTD

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 202299.0

Dec 20222.7

Mar 20230.8

Jun 20231.1

Sep 20231.0

Dec 2023—

Mar 2024—

Jun 2024—

Sep 2024—

Dec 2024—

Mar 2025—

Jun 2025—

Sep 2025—

Dec 2025—

Mar 2026—

Jun 202618.4

Nava Ltd · NAVA

Sep 20214.8

Dec 20215.7

Mar 20225.5

Jun 20225.4

Sep 20223.7

Dec 20224.1

Mar 20233.4

Jun 20234.8

Sep 20237.4

Dec 20237.1

Mar 20247.7

Jun 202412.5

Sep 202417.8

Dec 202413.6

Mar 202514.1

Jun 202516.0

Sep 202518.7

Dec 202517.1

Mar 202617.4

Jun 2026—

Piramal Enterprises Ltd(Merged) · PEL

Sep 202127.1

Dec 202128.4

Mar 202222.9

Jun 202211.1

Sep 20229.6

Dec 20229.9

Mar 20236.8

Jun 202311.3

Sep 202313.1

Dec 20235.7

Mar 202412.8

Jun 202457.8

Sep 202460.5

Dec 2024—

Mar 2025—

Jun 202559.1

Sep 2025—

Dec 2025—

Mar 2026—

Jun 2026—

Swan Corp Ltd · 503310

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023118.0

Dec 202374.5

Mar 202463.3

Jun 202452.3

Sep 202445.3

Dec 202465.3

Mar 202516.9

Jun 202518.6

Sep 202523.1

Dec 202525.2

Mar 202621.9

Jun 2026—

Texmaco Infrastructure & Holdings Ltd · TEXINFRA⚠ unverified

Sep 202137.9

Dec 202143.2

Mar 202266.7

Jun 2022296.5

Sep 20221,980.0

Dec 2022861.4

Mar 2023224.1

Jun 2023239.6

Sep 2023289.0

Dec 2023523.0

Mar 2024412.6

Jun 2024330.3

Sep 2024302.3

Dec 2024270.4

Mar 2025263.1

Jun 2025-312.5

Sep 2025-1,371.6

Dec 2025111.5

Mar 2026107.9

Jun 2026—

Tube Investments of India Ltd · TIINDIA

Sep 202158.7

Dec 202159.4

Mar 202242.6

Jun 202240.9

Sep 202264.6

Dec 202262.6

Mar 202361.3

Jun 202372.1

Sep 202365.8

Dec 202374.6

Mar 202481.7

Jun 202496.5

Sep 202492.7

Dec 202486.0

Mar 202565.2

Jun 202588.1

Sep 202593.6

Dec 202580.2

Mar 202680.4

Jun 2026—

08 · compare level, then change

Enterprise Value & Book Value

BCL Industries Ltd has the lowest EV/EBITDA among the 20 Diversified companies compared here, at 5.3×. Balmer Lawrie & Company Ltd is next at 7×. Kesar Enterprises Ltd has the lowest P/BV at 0.54×, so level and change sit with different companies. 19 of 20 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: BCL Industries Ltd leads ev/ebitda at 5.3×; Kesar Enterprises Ltd leads p/bv at 0.54×.

LeaderBCL Industries Ltd · 5.3×

Gap24.3% versus #2 · Balmer Lawrie & Company Ltd

Persistence0/8 recent comparable periods

Coverage19/20 companies · 297 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/bv signal.

EV/EBITDA includes debt in enterprise value and is useful across different capital structures. P/BV prices the company against its own book. Both are market multiples on reported figures, not intrinsic-value estimates and not forecasts.

EV/EBITDAlowest EV/EBITDA

1BCL Industries Ltd BCLIND⚠ unverified5.3

2Balmer Lawrie & Company Ltd BALMLAWRIE7.0

3Integrated Industries Ltd IIL · older report7.0

4Nurture Well Industries Ltd 5318897.7

5Nava Ltd NAVA8.1

P/BVlowest P/BV

1Kesar Enterprises Ltd KESAR · older report0.5

2Rossell India Ltd ROSSELLIND · older report0.6

3Piramal Enterprises Ltd(Merged) PEL · older report0.9

4BCL Industries Ltd BCLIND⚠ unverified1.2

5Swan Corp Ltd 5033101.3

Enterprise and book valuation · company comparison

19/20 level · 20/20 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

Company	EV/EBITDA	P/BV	Reported
Bharat Global Developers Ltd BGDL	237.0	8.1	Dec 2025
Arunis Abode Ltd ARUNIS	97.3	6.5	Dec 2025
Texmaco Infrastructure & Holdings Ltd TEXINFRA⚠ unverified	61.6	0.9	Mar 2026
Kalind Ltd 526935	49.8	9.2	Mar 2026
Swan Corp Ltd 503310	47.5	1.3	Mar 2026
Kesar Enterprises Ltd KESAR	44.6	0.8	Dec 2025
3M India Ltd 3MINDIA	38.3	16.2	Mar 2026
Andrew Yule & Company Ltd ANDREWYU	31.1	2.2	Mar 2026
Sobhagya Mercantile Ltd 512014	23.4	7.3	Mar 2026
Tube Investments of India Ltd TIINDIA	20.2	6.6	Mar 2026
Indiabulls Limited IBULLSLTD	17.5	1.9	Jun 2026
Rossell India Ltd ROSSELLIND	17.4	2.1	Jun 2024
Bluspring Enterprises Ltd BLUSPRING⚠ unverified	14.8	1.1	Mar 2026
Piramal Enterprises Ltd(Merged) PEL	14.0	1.0	Jun 2025
Grasim Industries Ltd GRASIM	10.5	1.8	Mar 2026
Nava Ltd NAVA	8.1	1.9	Mar 2026
Nurture Well Industries Ltd 531889	7.7	2.9	Mar 2026
Balmer Lawrie & Company Ltd BALMLAWRIE	7.0	1.4	Mar 2026
Integrated Industries Ltd IIL	7.0	2.3	Dec 2025
BCL Industries Ltd BCLIND⚠ unverified	5.3	0.9	Mar 2026

Full 20-quarter history · every available company

EV/EBITDA · reported quarter history

Showing the 12 largest of 20 companies with a series here. The remaining 8 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

3M India Ltd · 3MINDIA

Sep 202170.6

Dec 202175.7

Mar 202257.6

Jun 202251.8

Sep 202253.0

Dec 202242.1

Mar 202338.8

Jun 202343.5

Sep 202348.0

Dec 202352.5

Mar 202443.0

Jun 202448.7

Sep 202443.0

Dec 202437.7

Mar 202535.7

Jun 202535.4

Sep 202536.0

Dec 202543.0

Mar 202638.3

Jun 2026—

Andrew Yule & Company Ltd · ANDREWYU

Sep 202140.0

Dec 202190.1

Mar 202249.1

Jun 202221.2

Sep 202229.2

Dec 202240.7

Mar 202333.0

Jun 202346.8

Sep 202359.6

Dec 202355.9

Mar 2024—

Jun 2024—

Sep 2024—

Dec 2024—

Mar 2025—

Jun 2025—

Sep 202535.1

Dec 202552.0

Mar 202631.1

Jun 2026—

Arunis Abode Ltd · ARUNIS

Sep 2021—

Dec 2021—

Mar 2022—

Jun 202250.0

Sep 2022—

Dec 2022—

Mar 2023—

Jun 202315.2

Sep 20236.0

Dec 202311.4

Mar 202423.9

Jun 202423.6

Sep 202416.3

Dec 202475.4

Mar 2025125.0

Jun 2025—

Sep 202574.1

Dec 202597.3

Mar 2026—

Jun 2026—

Balmer Lawrie & Company Ltd · BALMLAWRIE

Sep 20217.7

Dec 20217.8

Mar 20227.2

Jun 20226.9

Sep 20227.8

Dec 20228.5

Mar 20236.4

Jun 20238.5

Sep 20239.4

Dec 202312.3

Mar 202412.2

Jun 202412.1

Sep 202412.0

Dec 20249.7

Mar 20258.2

Jun 20258.9

Sep 20258.3

Dec 20258.2

Mar 20267.0

Jun 2026—

Bluspring Enterprises Ltd · BLUSPRING⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024—

Sep 2024—

Dec 2024—

Mar 2025—

Jun 202514.0

Sep 202521.1

Dec 202519.5

Mar 202614.8

Jun 2026—

Grasim Industries Ltd · GRASIM

Sep 20218.3

Dec 20217.8

Mar 20227.9

Jun 20227.5

Sep 20228.9

Dec 20229.2

Mar 20237.4

Jun 20237.4

Sep 20238.9

Dec 20239.6

Mar 202410.1

Jun 20249.6

Sep 202410.9

Dec 202410.8

Mar 202511.3

Jun 202510.9

Sep 202511.3

Dec 202511.5

Mar 202610.5

Jun 2026—

Indiabulls Limited · IBULLSLTD

Sep 202117.9

Dec 202134.0

Mar 202233.3

Jun 2022—

Sep 20229.4

Dec 20224.6

Mar 20233.5

Jun 20233.3

Sep 202315.8

Dec 202364.8

Mar 2024—

Jun 2024—

Sep 2024—

Dec 202417.1

Mar 20256.5

Jun 2025—

Sep 2025—

Dec 202566.5

Mar 2026215.1

Jun 202617.5

Nava Ltd · NAVA

Sep 20213.8

Dec 20213.5

Mar 20223.5

Jun 20223.5

Sep 20223.1

Dec 20223.5

Mar 20233.2

Jun 20233.9

Sep 20234.6

Dec 20233.7

Mar 20244.2

Jun 20247.3

Sep 20249.0

Dec 20247.2

Mar 20257.3

Jun 20258.7

Sep 20259.7

Dec 20258.3

Mar 20268.1

Jun 2026—

Piramal Enterprises Ltd(Merged) · PEL

Sep 20218.7

Dec 202111.8

Mar 202210.4

Jun 20227.2

Sep 20228.5

Dec 202214.6

Mar 202323.0

Jun 202333.1

Sep 202333.5

Dec 202313.6

Mar 202412.6

Jun 202417.6

Sep 202419.8

Dec 202419.9

Mar 202518.4

Jun 202514.0

Sep 2025—

Dec 2025—

Mar 2026—

Jun 2026—

Swan Corp Ltd · 503310

Sep 202181.4

Dec 202175.5

Mar 202285.0

Jun 2022109.0

Sep 2022129.7

Dec 2022237.9

Mar 2023113.6

Jun 202341.5

Sep 202326.0

Dec 202324.6

Mar 202425.3

Jun 202424.4

Sep 202418.4

Dec 202424.4

Mar 20257.8

Jun 20259.0

Sep 202510.7

Dec 202511.5

Mar 202647.5

Jun 2026—

Texmaco Infrastructure & Holdings Ltd · TEXINFRA⚠ unverified

Sep 202150.7

Dec 202175.8

Mar 202287.6

Jun 2022187.0

Sep 2022224.6

Dec 2022127.5

Mar 202388.8

Jun 2023102.2

Sep 2023121.7

Dec 2023175.3

Mar 2024153.4

Jun 2024236.9

Sep 2024216.2

Dec 2024200.0

Mar 2025153.9

Jun 2025123.0

Sep 202583.0

Dec 202565.7

Mar 202661.6

Jun 2026—

Tube Investments of India Ltd · TIINDIA

Sep 202128.7

Dec 202127.7

Mar 202221.4

Jun 202220.5

Sep 202231.4

Dec 202229.5

Mar 202326.6

Jun 202330.6

Sep 202327.3

Dec 202331.2

Mar 202432.8

Jun 202437.4

Sep 202435.0

Dec 202430.9

Mar 202523.4

Jun 202526.7

Sep 202526.4

Dec 202521.6

Mar 202620.2

Jun 2026—

P/BV · reported quarter history

Showing the 12 largest of 20 companies with a series here. The remaining 8 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

3M India Ltd · 3MINDIA

Sep 202114.6

Dec 202114.3

Mar 202211.2

Jun 202212.1

Sep 202211.7

Dec 202210.4

Mar 202311.8

Jun 202313.9

Sep 202321.4

Dec 202322.8

Mar 202419.1

Jun 202424.7

Sep 202418.1

Dec 202416.0

Mar 202515.2

Jun 202515.0

Sep 202515.3

Dec 202518.1

Mar 202616.2

Jun 2026—

Andrew Yule & Company Ltd · ANDREWYU

Sep 20213.2

Dec 20213.2

Mar 20222.5

Jun 20222.7

Sep 20222.6

Dec 20223.5

Mar 20232.6

Jun 20233.1

Sep 20234.5

Dec 20235.3

Mar 20244.6

Jun 20245.6

Sep 20245.9

Dec 20245.2

Mar 20253.5

Jun 20254.6

Sep 20253.8

Dec 20253.2

Mar 20262.2

Jun 2026—

Arunis Abode Ltd · ARUNIS

Sep 2021—

Dec 20212.2

Mar 20222.1

Jun 20222.3

Sep 20222.3

Dec 20222.6

Mar 20232.1

Jun 20232.0

Sep 20231.7

Dec 20232.9

Mar 20243.7

Jun 20243.5

Sep 20242.4

Dec 20246.9

Mar 202519.2

Jun 202522.7

Sep 202536.3

Dec 20256.5

Mar 2026—

Jun 2026—

Balmer Lawrie & Company Ltd · BALMLAWRIE

Sep 20211.4

Dec 20211.4

Mar 20221.3

Jun 20221.2

Sep 20221.2

Dec 20221.4

Mar 20231.2

Jun 20231.5

Sep 20231.6

Dec 20232.3

Mar 20242.5

Jun 20242.8

Sep 20242.6

Dec 20242.0

Mar 20251.8

Jun 20252.0

Sep 20251.8

Dec 20251.6

Mar 20261.4

Jun 2026—

Bluspring Enterprises Ltd · BLUSPRING⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024—

Sep 2024—

Dec 2024—

Mar 2025—

Jun 20251.5

Sep 20251.6

Dec 20251.4

Mar 20261.1

Jun 2026—

Grasim Industries Ltd · GRASIM

Sep 20211.7

Dec 20211.6

Mar 20221.5

Jun 20221.4

Sep 20221.5

Dec 20221.5

Mar 20231.5

Jun 20231.6

Sep 20231.7

Dec 20231.7

Mar 20241.9

Jun 20242.3

Sep 20242.1

Dec 20241.8

Mar 20251.9

Jun 20252.1

Sep 20251.9

Dec 20251.9

Mar 20261.8

Jun 2026—

Indiabulls Limited · IBULLSLTD

Sep 20212.0

Dec 20211.7

Mar 20221.2

Jun 20220.6

Sep 2022-3.0

Dec 2022-1.8

Mar 2023-0.3

Jun 2023-0.4

Sep 2023-0.3

Dec 2023-0.5

Mar 2024-0.4

Jun 2024-0.5

Sep 2024-0.5

Dec 2024-0.7

Mar 2025-0.6

Jun 2025-0.8

Sep 2025-0.6

Dec 20250.1

Mar 20260.8

Jun 20261.9

Nava Ltd · NAVA

Sep 20210.4

Dec 20210.4

Mar 20220.5

Jun 20220.6

Sep 20220.5

Dec 20220.7

Mar 20230.6

Jun 20230.9

Sep 20231.1

Dec 20231.0

Mar 20241.1

Jun 20241.8

Sep 20242.5

Dec 20242.0

Mar 20252.0

Jun 20252.5

Sep 20252.5

Dec 20251.9

Mar 20261.9

Jun 2026—

Piramal Enterprises Ltd(Merged) · PEL

Sep 20211.0

Dec 20211.0

Mar 20220.9

Jun 20220.6

Sep 20220.8

Dec 20220.7

Mar 20230.5

Jun 20230.7

Sep 20230.8

Dec 20230.7

Mar 20240.7

Jun 20240.8

Sep 20240.9

Dec 20240.9

Mar 20250.8

Jun 20251.0

Sep 2025—

Dec 2025—

Mar 2026—

Jun 2026—

Swan Corp Ltd · 503310

Sep 20213.6

Dec 20214.3

Mar 20225.3

Jun 20225.5

Sep 20225.0

Dec 20226.8

Mar 20234.5

Jun 20235.5

Sep 20233.3

Dec 20235.3

Mar 20247.0

Jun 20246.8

Sep 20242.9

Dec 20243.6

Mar 20252.1

Jun 20252.2

Sep 20252.0

Dec 20252.0

Mar 20261.3

Jun 2026—

Texmaco Infrastructure & Holdings Ltd · TEXINFRA⚠ unverified

Sep 20211.2

Dec 20211.3

Mar 20221.1

Jun 20221.2

Sep 20221.1

Dec 20221.0

Mar 20230.9

Jun 20231.1

Sep 20231.4

Dec 20231.1

Mar 20241.0

Jun 20242.8

Sep 20241.1

Dec 20240.9

Mar 20250.7

Jun 20250.9

Sep 20250.9

Dec 20250.9

Mar 20260.9

Jun 2026—

Tube Investments of India Ltd · TIINDIA

Sep 202112.3

Dec 202112.1

Mar 202211.1

Jun 202213.2

Sep 202215.4

Dec 202215.5

Mar 202316.0

Jun 202319.9

Sep 202314.6

Dec 202315.5

Mar 202416.3

Jun 202420.8

Sep 202415.7

Dec 202413.0

Mar 202510.1

Jun 202511.7

Sep 202510.9

Dec 20256.7

Mar 20266.6

Jun 2026—

09 · let price answer last

Market action

Arunis Abode Ltd has the strongest one-year price move in Diversified at +447.2%. It also leads on Mansfield relative strength against NIFTY at +136.7%. 13 of 20 covered companies are above zero on that measure. Every line covers 313 weekly closes through 2026-07-17.

Every price line is indexed to 100 over the chosen window. Mansfield relative strength compares a price ratio with its own 52-week average; zero separates leadership from lagging.

Price and relative strength

Price is rebased to 100 inside the selected window. Pair ratio rebases each selected company against one chosen denominator.

Before the conclusion · check the blind spots

What can make this comparison misleading?

This Diversified comparison names 8 specific ways its own evidence can mislead, all listed below. 6 of the 20 companies report on an older date than the sector's freshest reporters, so their ranks are marked stale. 3 draw at least one figure from a second feed with too little overlap to cross-check.

Keep these limits visible

A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
6 companies have older fundamental reporting dates than the sector’s freshest reporters; their ranks carry a stale marker.
3 companies draw at least one figure from a second data feed with too little overlapping history to cross-check against the primary source; they are marked unverified wherever those figures appear.
3 companies are missing from the second-feed metrics by decision, not by absence: the two sources disagree, so nothing from the second is drawn. Read those rows as narrower evidence, never as a weaker business.
Thin comparisons: Capital expenditure have fewer than three usable current readings.

10 · the complete set

Which companies are included?

All 20 companies in the canonical Diversified membership are listed below, largest market value first — nothing is silently dropped, even where a company reports too little to rank. 7 of these are no longer being priced, so their price and relative strength are frozen at the last traded week shown.

AHEAD means the company is beating the index by 5% or more over three months. LAGGING, FUNDAMENTALS UP means it is 20% or more behind over a year while its trailing twelve-month earnings grew 20% or more. Both rules are fixed and applied the same way in every sector.

Company	Market value	Price	Priced to	Latest fundamentals	Source standing
Grasim Industries Ltd GRASIMAHEAD22/26 WEEKS	₹2.1 L Cr	₹3,089	2026-07-19	Mar 2026	Second feed withheld
Tube Investments of India Ltd TIINDIA21/26 WEEKS	₹53.6K Cr	₹2,767	2026-07-19	Mar 2026	Cross-checked
3M India Ltd 3MINDIAAHEAD	₹40.0K Cr	₹35,500	2026-07-19	Mar 2026	Cross-checked
Piramal Enterprises Ltd(Merged) PEL18/26 WEEKS	₹25.5K Cr	₹1,124	2025-09-24 · not currently priced	Jun 2025	Primary source only
Nava Ltd NAVA18/26 WEEKS	₹15.7K Cr	₹555	2026-07-19	Mar 2026	Cross-checked
Swan Corp Ltd 503310	₹9.8K Cr	₹312	2026-03-08 · not currently priced	Mar 2026	Primary source only
Indiabulls Limited IBULLSLTDAHEAD	₹7.1K Cr	₹30.5	2026-07-19	Jun 2026	Second feed withheld
Balmer Lawrie & Company Ltd BALMLAWRIE	₹3.0K Cr	₹175	2026-07-19	Mar 2026	Second feed withheld
Bluspring Enterprises Ltd BLUSPRINGAHEAD⚠ unverified	₹1.6K Cr	₹108	2026-07-19	Mar 2026	Includes unverified figures
Texmaco Infrastructure & Holdings Ltd TEXINFRAAHEAD18/26 WEEKS⚠ unverified	₹1.4K Cr	₹112	2026-07-19	Mar 2026	Includes unverified figures
Andrew Yule & Company Ltd ANDREWYU	₹1.2K Cr	₹25.5	2026-07-19	Mar 2026	Primary source only
Arunis Abode Ltd ARUNIS	₹1.1K Cr	₹88.3	2026-03-08 · not currently priced	Dec 2025	Primary source only
BCL Industries Ltd BCLINDLAGGING, FUNDAMENTALS UP⚠ unverified	₹1.1K Cr	₹35.7	2026-07-19	Mar 2026	Includes unverified figures
Kalind Ltd 526935	₹1.0K Cr	₹11.3	2026-07-19	Mar 2026	Primary source only
Integrated Industries Ltd IIL	₹1.0K Cr	₹43.1	2026-03-08 · not currently priced	Dec 2025	Primary source only
Bharat Global Developers Ltd BGDL	₹933 Cr	₹92.1	2026-03-08 · not currently priced	Dec 2025	Primary source only
Sobhagya Mercantile Ltd 512014	₹920 Cr	₹885	2026-07-19	Mar 2026	Primary source only
Nurture Well Industries Ltd 531889	₹564 Cr	₹24.2	2026-07-19	Mar 2026	Primary source only
Rossell India Ltd ROSSELLIND	₹168 Cr	₹44.7	2026-03-29 · not currently priced	Jun 2024	Primary source only
Kesar Enterprises Ltd KESAR	₹47 Cr	₹4.7	2026-03-08 · not currently priced	Dec 2025	Primary source only

How each company's sources stand: 3 of 20 companies draw at least one figure from a second data feed that could not be cross-checked against the primary source, because the two do not share enough reported history to compare. Those figures are marked unverified wherever they appear. 3 of 20 companies have a second data feed that is known to disagree with the primary source, so nothing from it is drawn: Grasim Industries Ltd (GRASIM) — its two data sources disagree by up to 14% on reported income across 14 comparable periods, so its derived ratios are withheld; Indiabulls Limited (IBULLSLTD) — its two data sources disagree by up to 100% on reported income across 14 comparable periods, so its derived ratios are withheld; Balmer Lawrie & Company Ltd (BALMLAWRIE) — its two data sources disagree by up to 28% on reported income across 14 comparable periods, so its derived ratios are withheld.

Evidence and freshness

How was this comparison built?

This comparison is built from the reported filings of 20 Diversified companies, normalized to a common ₹ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-07-24. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.

FundamentalsThrough Jun 2026 · up to 20 quarters per company

Market dataThrough 2026-07-24 · weekly price and relative-strength history

Derived metricsGrowth, changes, CAPEX intensity, net debt, guarded PEG and P/BV÷ROE are calculated only when their inputs are comparable.

Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.

Source standing3 cross-checked · 14 unverified · 3 withheld, of 20 graded companies.

A second feed is read only after its reported income is matched against the primary source on at least three overlapping periods. Where the two agree the figures fill silently. Where there is too little shared history to compare, the figures are still drawn — they are the only evidence there is — and marked ⚠ unverified everywhere they appear. Where the two are known to disagree, nothing from the second feed is drawn and the affected company is named under the chart it is missing from. Every company's standing is listed in the register above.

Questions investors ask · short, speakable answers

Diversified company comparison FAQs

These 18 answers restate the Diversified comparison above in question form. Every one is computed from the same 20 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-07-24. Nothing here is estimated, and none of it is a recommendation.

What is the Nifty Diversified index?

The Nifty Diversified index tracks India's listed Diversified companies as a single basket. This page follows the same 20 companies and equal-weights them, so every company's weekly return counts once whatever it is worth, and the reading belongs to the Diversified sector rather than to its largest constituent. Figures are as of Jun 2026.

Which are the best Diversified stocks in India?

Ranked by this page's four-factor score, Integrated Industries Ltd places first among 20 listed Diversified companies, followed by Kalind Ltd. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Jun 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser.

How many Diversified stocks are listed in India?

This comparison covers 20 listed Diversified companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Jun 2026.

Which Diversified company is the biggest?

Grasim Industries Ltd is the largest, with trailing-twelve-month revenue of ₹1,75,431 crore, ahead of Tube Investments of India Ltd at ₹22,848 crore. That covers 20 of 20 companies with comparable reporting through Mar 2026.

Which Diversified company is growing fastest?

Arunis Abode Ltd has the fastest revenue growth at 100% year on year, across 18 of 20 comparable companies. Fast growth off a small base is not the same as proven scale — check whether the rate holds across several quarters on the chart above before treating it as a trend.

Which Diversified company has the best profit margins?

Piramal Enterprises Ltd(Merged) has the highest operating margin at 65.1%, from 19 of 20 comparable companies. Texmaco Infrastructure & Holdings Ltd shows the biggest recent improvement, at +78.8 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.

Which Diversified company makes the most profit?

Grasim Industries Ltd earns the most, at ₹10,300 crore of trailing-twelve-month net profit, from 20 of 20 comparable companies. Piramal Enterprises Ltd(Merged) has the fastest profit growth at 100%, though growth off a small or recovering profit base overstates how much has actually changed.

Which Diversified company earns the highest return on capital?

3M India Ltd leads on return on capital employed at 40.5%, across 20 of 20 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.

Which Diversified stock is the cheapest?

On guarded PEG — where a LOWER number is cheaper — Nava Ltd screens cheapest at 1.16×. Only 3 of 20 companies pass the comparability guard, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.

Which Diversified company has the strongest balance sheet?

Arunis Abode Ltd carries the lowest comparable gross debt at ₹0 crore, from 20 of 20 companies. Absolute rupee debt alone does not settle it, because company scale differs — net debt and debt-to-equity in the chart above carry more information, and a very low-debt balance sheet can also mean under-investment.

Which Diversified stock has the strongest price momentum?

Arunis Abode Ltd has the strongest relative strength against NIFTY 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.

Which Diversified company scores highest for research priority?

Integrated Industries Ltd scores 64.7 out of 100 with 50.6% evidence confidence, from 20.4 points on growth and earnings, 17.4 on capital efficiency, 10.9 on valuation and 16 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.

How many Diversified companies does this comparison cover, and over what period?

It compares 20 listed companies over up to 20 reported quarters of fundamentals and 10 fiscal years of capital allocation, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.

What is the total market cap of the Diversified sector?

The 20 Diversified companies on this page carry ₹3,75,997 crore of combined market value. Grasim Industries Ltd is the largest at ₹2,10,243 crore, about 56% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-07-29.

What is the Diversified sector's P/E ratio?

The median price-to-earnings ratio across the 20 Diversified companies on this page is 37.9×, measured on the 17 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-07-29.

How is the Diversified sector performing?

13 of the 20 covered Diversified companies are beating NIFTY 500 on Mansfield relative strength. A 52-week sector-versus-index comparison is not available from the current market series for this sector, so it is not quoted. Readings are as of 2026-07-29.

Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.

Is this investment advice?

No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.