Sector Alpha Week of 2026-08-14
Sector Alpha — machine-written from the numbers · Data as of 2026-08-14

Rashi Peripherals Ltd

RPTECH
Trading

Rashi Peripherals Ltd's price has outrun its earnings. +194.4% in a year against EPS +33.4% — the market is paying now for delivery later.

The sharpest disagreement: profits are rising, but only −45% of the last 3 years' profit arrived as operating cash — the gap between the P&L and the bank account is the thing to watch.

The price is in a confirmed uptrend (41 weeks in) while the P/E sits at the 86th percentile of its own 2-year range. Underneath, the last four quarters read improving — profit +69.4% year on year, and −45% of the last 3 years' profit arrived as cash. What settles it: whether the cash starts following the profit.

Stage
Consistent
partial read
Price
₹834
+194.4% 1Y
P/E
17.4×
86th pctile
of its own 2-year range
Revenue (Jun 26)
₹5,102 Cr
+61.9% YoY
Profit (Jun 26)
₹105 Cr
+69.4% YoY
Operating margin
3.0%
−0.3 pp YoY
ROCE
17%
FY26
Cash conversion
−45%
of profit, last 3 FY
Withheld from this page: Part of this page is deliberately not drawn: its two data sources disagree by up to 17% on reported income across 14 comparable periods, so nothing from the second source is placed here — the quarterly PEG curve, the quarterly return curves, the annual return-on-invested-capital overlay, the total-debt and debt-to-equity series and the F-score and the return-on-invested-capital reading are absent for that reason. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.
01 · Price story

Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.

Rashi Peripherals Ltd trades at ₹834, in a confirmed uptrend and 41 weeks into that stage. That is +54.5% against its own 200-day average. It sits at 90% of a 52-week range of ₹316 to ₹895. On relative strength it has been ahead of the NIFTY 500 on a trailing-13-week view for 54 straight weeks.

Today the stock is in a confirmed uptrend — week 41 of stage 2, confirmed. At ₹834 it trades +54.5% versus its 200-day average and sits at 90% of its 52-week range (₹316–₹895).

Aug 26: ₹834 Weekly closing price (₹) with 50- and 200-day averages; shaded bands mark the price stage (grey base, green advance, amber top, red decline). 2-year window.
+54.5% versus the 200-day line, week 41 of stage 2
Price50-day avg200-day avg
S2S4S2₹945₹762₹578₹395₹211₹834₹540Feb 24Oct 24Jun 25Feb 26Aug 26
S2S4S2₹945₹762₹578₹395₹211₹834₹540Feb 24Jun 25Aug 26
Beating or trailing, week by week since 2024 Each cell is one week from 2024 to now (137 weeks): the stock's trailing 13-week return minus the NIFTY 500's, green ahead / red behind (±25% ramp). Grey cells are the 13-week warm-up or weeks where the NIFTY 500 reading is not held.
trailing 13-week return vs the NIFTY 500
Feb 24Aug 26

Against the market, two honest reads. Cumulative: over the last 2.5 years the stock moved +141% while the NIFTY 500 moved +17% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 54 straight weeks — the ribbon below is that same metric, week by week.

What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.

02 · Valuation

Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.

Rashi Peripherals Ltd trades at 17.4× P/E, at the pricey end of its own range (86th percentile). Its long-run median P/E is 10.7×, measured across 2.2 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.

Today's P/E of 17.4× is at the pricey end of its own range (86th percentile), against a long-run median of 10.7× measured over 2.2 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.

P/E 17.4× vs a 10.7× long-run median P/E, weekly (left axis); earnings per share, trailing twelve months, weekly (right axis). 2.2-year window; loss-period spikes above 20× shown pinned at the top. The eps (ttm) bars are red where the reading is lower than the quarter before.
at the pricey end of its own range (86th percentile)
P/EMedianEPS (TTM) (quarterly)
21.0×₹52.417.7×₹39.314.4×₹26.211.1×₹13.17.8×₹0.0×17.20×₹49May 24May 25Nov 25Apr 26Aug 26
21.0×₹52.417.7×₹39.314.4×₹26.211.1×₹13.17.8×₹0.0×17.20×₹49May 24Nov 25Aug 26
P/E
17.4×
86th percentile of 2y

🚨 Why the multiple sits where it does: over the past year annual EPS moved +33.4% against a +194.4% price move — the price outran earnings, pushing the multiple UP its own range.

Put together: the multiple is full against its own past, so the story rests on the earnings line underneath it, not the multiple.

A quarterly PEG curve, which only the second data source carries, is not drawn on this page: its two data sources disagree by up to 17% on reported income across 14 comparable periods. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.

03 · Stage: Consistent

Stage: Consistent Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).

Rashi Peripherals Ltd reads as consistent on its fundamental arc. Consistent — revenue and profit growth have stayed positive through the window, with ROCE at 17.0% and holding. The read is built from 8 quarters across 3 curves, on partial evidence.

Growth, year by year: revenue +14.9% in FY26, profit +34.3% Year-over-year growth per fiscal year, %: revenue (left axis); net profit and EPS (right axis — profit growth swings far wider). Zero line drawn.
Revenue YoYProfit YoYEPS YoY
62%281%45%197%28%113%11%28%−6.1%−56%%%14.9%34.3%FY19FY22FY26
62%281%45%197%28%113%11%28%−6.1%−56%%%14.9%34.3%FY19FY22FY26
Three growth curves, twelve quarters Year-on-year growth of trailing-twelve-month revenue (left axis), profit and EPS (right axis — they swing far wider), % at each quarter-end. A missing point means that reading is not held for the quarter.
the trajectory the stage is read from · revenue accelerating, profit stabilising
RevenueProfitEPS
44%74%31%55%18%37%5.6%18%−7.1%0.0%%%40.4%50.2%49%Sep 23Dec 24Jun 26
44%74%31%55%18%37%5.6%18%−7.1%0.0%%%40.4%50.2%49%Sep 23Dec 24Jun 26
ROCE Annual readings — the quarterly balance-sheet pieces this curve needs are not held for this stock, so the returns read moves once a year and carries less weight in the call.
the return curve, annual readings
ROCE
17.2%16.4%15.5%14.6%13.8%%17%FY23FY24FY26
17.2%16.4%15.5%14.6%13.8%%17%FY23FY24FY26
Revenue growth
Rising
latest +40.4% · span −3.6% to +40.4%
Profit growth
Rising
latest +50.2% · span +4.6% to +68.6%
ROCE
Steady high
latest 17.0% · span 14.0%–17.0%

Why it matters: steady curves with healthy returns are the compounding setup — the risk is the price, not the business.

Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.

A partial read: at least one curve is short, or the returns curve is not the computed quarterly series — hold the stage word a little more loosely.

Compound annual growth rate (%) Compound annual growth rate over each window, %. Revenue, profit and EPS from fiscal-year figures; share price is the price CAGR over the same spans. A dash = that window is not held, or the base was a loss.
1yr3yr5yr10yr
Revenue+14.9%+18.7%+21.7%
Profit+34.3%+31.9%+15.7%
EPS+33.4%
Share price+194.4%
Revenue YoY (Jun 26)
+61.9%
latest quarter vs a year ago
Profit YoY (Jun 26)
+69.4%
latest quarter vs a year ago
Revenue 10y
21.8%
long-run compound pace
04 · 4-Factor Sector Score

4-Factor Sector Score

69.1/100 — rank 1 of 49 in Trading · 75% evidence confidence

Rashi Peripherals Ltd scores 69.1 out of 100 against the 49 companies it is compared with in Trading, ranking 1. Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

The four contributions add to the total exactly: 24.1 + 14.9 + 10.7 + 19.4 = 69.1. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.

What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.

05 · Revenue

Revenue Revenue is the top line: everything the company billed its customers in the period.

Rashi Peripherals Ltd reported ₹5,102 Cr of revenue in the Jun 26 quarter, +61.9% year on year. That is the 4th straight quarter of year-on-year growth. Over 7 years it has compounded at 21.8% a year. The last full year, FY26, came in at ₹15,827 Cr. The last four reported quarters add to ₹17,776 Cr.

FY26 revenue came in at ₹15,827 Cr (+14.9% on the year), capping 7 years at 21.8% compound. The latest quarter (Jun 26) printed ₹5,102 Cr, +61.9% year on year — the 4th consecutive quarter of year-over-year growth.

FY26 revenue ₹15,827 Cr (+14.9% YoY) Revenue bars, ₹ Cr (left); YoY growth-% line (right). 8-year window. A bar is red when it is lower than the year before.
21.8% a year over 7 years
RevenueYoY growth
17.1k62%12.8k45%8.5k28%4.3k11%0−6.1%₹ Cr%₹15,82714.9%FY19FY22FY26
17.1k62%12.8k45%8.5k28%4.3k11%0−6.1%₹ Cr%₹15,82714.9%FY19FY22FY26
Jun 26: ₹5,102 Cr (+61.9% YoY) Quarterly revenue bars, ₹ Cr (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
4th straight quarter of growth
Revenue (quarterly)YoY growth
5.5k82%4.1k53%2.8k24%1.4k−5.0%0−34%₹ Cr%₹5,10261.9%Sep 23Dec 24Jun 26
5.5k82%4.1k53%2.8k24%1.4k−5.0%0−34%₹ Cr%₹5,10261.9%Sep 23Dec 24Jun 26

Pace check: the last four quarters averaged +41.9% growth against the decade's 21.8% — the current year is running faster than its own long-run rate.

Acceleration check: trailing-twelve-month revenue grew +40.4% over the last 4 quarters against +17.3%/yr over the last 8 — accelerating; TTM profit +50.2% vs +47.9%/yr — stabilising.

06 · Operating margin

Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.

Rashi Peripherals Ltd's operating margin is 3.0% in the Jun 26 quarter, −0.3 percentage points against the same quarter a year ago. Across 8 fiscal years the operating margin has ranged 1.5% to 3.6%. The current quarter sits inside that band.

The latest quarter's operating margin is 3.0%, −0.3 pp against the same quarter a year ago. Across 8 fiscal years the operating margin has ranged 1.5%–3.6%.

🚨 Why the margin moved: operating margin went −0.2 pp year on year while gross margin went −1.0 pp — the loss came mostly from the gross line: input costs and pricing.

FY26: 2.9% Operating margin by fiscal year, %, line (left); year-on-year change in the margin, in percentage points, line (right). 8-year window.
within a 1.5–3.6% band over 8 years
operating marginYoY change (pp)
3.8%1.6%3.2%1.0%2.6%0.4%1.9%−0.1%1.3%−0.7%%%2.9%0.7%FY19FY22FY26
3.8%1.6%3.2%1.0%2.6%0.4%1.9%−0.1%1.3%−0.7%%%2.9%0.7%FY19FY22FY26
Jun 26: 3.0% operating margin (−0.3 pp YoY) Quarterly operating margin, %, line (left); year-on-year change in the margin, in percentage points, line (right). Last 12 quarters. Operating profit as a share of revenue, per quarter.
Operating marginYoY change (pp)
3.5%2.5%2.8%1.4%2.0%0.2%1.3%−1.0%0.6%−2.1%%%3%−0.3%Sep 23Dec 24Jun 26
3.5%2.5%2.8%1.4%2.0%0.2%1.3%−1.0%0.6%−2.1%%%3%−0.3%Sep 23Dec 24Jun 26
07 · Net profit

Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.

Rashi Peripherals Ltd earned ₹105 Cr of net profit in the Jun 26 quarter, +69.4% year on year. It is the 3rd consecutive quarter of growth. Full-year FY26 profit was ₹282 Cr. The 7-year compound rate is 38.4%. That is 2.1% of the quarter's revenue. The same quarter a year earlier earned ₹62.0 Cr.

Jun 26 profit was ₹105 Cr, +69.4% year on year — the 3rd consecutive quarter of growth. On the full year, FY26 printed ₹282 Cr (+34.3%), and the 7-year compound rate is 38.4%.

FY26 profit ₹282 Cr (+34.3% YoY) Net profit bars, ₹ Cr (left); YoY growth-% line (right). 8-year window. A bar is red when it is lower than the year before.
38.4% a year over 7 years
Net profitYoY growth
305281%228197%152113%7628%0−56%₹ Cr%₹28234.3%FY19FY22FY26
305281%228197%152113%7628%0−56%₹ Cr%₹28234.3%FY19FY22FY26
Jun 26: ₹105 Cr (+69.4% YoY) Quarterly net profit bars, ₹ Cr (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
3rd straight quarter of growth
Net profit (quarterly)YoY growth
113237%85168%5798%2829%0−41%₹ Cr%₹10569.4%Sep 23Dec 24Jun 26
113237%85168%5798%2829%0−41%₹ Cr%₹10569.4%Sep 23Dec 24Jun 26

Why profit moved: revenue contributed +61.9% and the margin −0.3 pp — the quarter was revenue-led, with the margin roughly flat.

Pace comparison, last four quarters: profit +63.1% vs revenue +41.9%. Profit is growing faster than sales — fixed costs are being spread over a bigger base, and each extra rupee of revenue drops more to the bottom line.

08 · Cash flow — the router

Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.

Over the last 3 fiscal years −45% of Rashi Peripherals Ltd's reported profit arrived as operating cash — a gap worth watching. In FY26 that was ₹114 Cr of operating cash against ₹282 Cr of profit. After ₹39.0 Cr of capital spending, ₹75.0 Cr was left as free cash.

FY26: operating cash of ₹114 Cr against reported profit of ₹282 Cr, leaving free cash of ₹75.0 Cr after ₹39.0 Cr of capital spending. Across the last 3 fiscal years the conversion rate is −45% of profit.

Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.

FY26: CFO ₹114 Cr vs profit ₹282 Cr Operating cash flow and net profit by fiscal year, ₹ Cr; the line is free cash flow (CFO minus capital spending). 8-year window, annual resolution.
−45% of 3-year profit arrived as cash
Operating cashNet profitFree cash
331153−25−203−381₹ Cr₹114₹282₹75FY19FY22FY26
331153−25−203−381₹ Cr₹114₹282₹75FY19FY22FY26
FY26: CFO = 40% of profit (three-year rate −45%) Operating cash as a share of net profit, per fiscal year, % (line). Dashed line = 100% — every unit of profit arriving as cash.
Conversion100%
247%135%22%−91%−203%%40%FY19FY22FY26
247%135%22%−91%−203%%40%FY19FY22FY26

🚨 Why conversion sits at −45%: the cash cycle stretched 17 days between FY21 and FY26 — more of each rupee of profit waits inside the cycle before arriving. Less than 70% of profit arriving as cash is the thing to watch on this page.

Router verdict: conversion is below par and the cash cycle has stretched 17 days — the next section's job is to find where the cash is stuck.

09 · Where the cash goes

Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).

Rashi Peripherals Ltd's cash conversion cycle runs 60 days in FY26, up from 43 days in FY21. Capital spending ran ₹57.0 Cr over the last 3 years. At FY26 sales of ₹15,827 Cr each day of that cycle holds about ₹43.4 Cr, so roughly ₹2,602 Cr sits inside the business at any moment.

FY26: debtors at 50 days, inventory at 62 days — roughly 2.0 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 60 days, looser than FY21's 43.

The full loop: cash goes out to suppliers and production on day 0; stock waits 62 days to sell; customers pay about 50 days after that; and suppliers themselves are paid at 53 days — netting out to the 60-day cycle.

In money terms: at FY26 sales of ₹15,827 Cr, each day of the cycle holds about ₹43.4 Cr — so the 60-day loop keeps roughly ₹2,602 Cr sitting inside the business at any moment.

FY26: a 60-day cash cycle Debtor days, inventory days, payable days and the cash conversion cycle by fiscal year. 8-year window.
+17 days vs FY21
Cash cycleInventory daysDebtor daysPayable days
6556483930days60d62d50d53dFY19FY20FY22FY24FY26
6556483930days60d62d50d53dFY19FY22FY26

On the investment side: capital spending of ₹57.0 Cr over the last 3 fiscal years against ₹58.0 Cr of depreciation — spending at or below maintenance level. Capital work-in-progress stands at ₹0.0 Cr (FY26) — capacity paid for but not yet earning.

FY26: capex ₹39.0 Cr, work-in-progress ₹0.0 Cr Capital spending per fiscal year, ₹ Cr (bars); capital work-in-progress, ₹ Cr (line). Quarterly capital-spending history is not held for India — annual is the honest resolution.
steady investment
CapexWork-in-progress
493624120₹ Cr₹39₹0FY20FY21FY23FY24FY26
493624120₹ Cr₹39₹0FY20FY23FY26

The synthesis: the working-capital loop is the cash sink the router flagged — watch the cycle, not the P&L.

10 · Return on capital

Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.

Rashi Peripherals Ltd earns a ROCE of 17% in FY26. That is up from a trough of 14% in FY24. A return-on-invested-capital spread against the cost of capital is not computable from what is held here. The wiring behind it is 1.8% net margin on 2.97× asset turns.

FY26 ROCE is 17%, recovered from a FY24 trough of 14% — the full ladder below shows the fall and the climb, undoctored.

Why the return is what it is — the wiring (FY26): 1.8% net margin × 2.97× asset turns × 2.63× balance-sheet leverage ≈ 14.1% on equity. Margin does its share; leverage is a meaningful part of the equation.

FY26: ROCE 17% Return on capital employed by fiscal year, % (line). 7-year window, dips included. Dashed line = the 12.0% cost of capital used on this page.
the climb back from FY24's 14%
ROCEWACC
29%25%20%15%11%%17%FY20FY21FY23FY24FY26
29%25%20%15%11%%17%FY20FY23FY26

The quarterly return curves and the return-on-invested-capital overlay, which only the second data source carries, are not drawn on this page: its two data sources disagree by up to 17% on reported income across 14 comparable periods. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.

11 · Debt

Debt Debt-to-equity says how much of the business is funded by borrowings; interest cover says how many times operating profit pays the interest bill. Low and high, respectively, is the safe corner.

Rashi Peripherals Ltd carries ₹991 Cr of borrowings against ₹2,025 Cr of equity in FY26, a debt-to-equity of 0.49. Operating profit covers the interest bill 4×. Over 5 years borrowings went from ₹490 Cr to ₹991 Cr. Capital spending ran ₹57.0 Cr across the last 3 of those years.

FY26: borrowings of ₹991 Cr against equity of ₹2,025 Cr — a debt-to-equity of 0.49. Operating profit covers the interest bill 4×. Over 5 years borrowings went from ₹490 Cr to ₹991 Cr while capital spending ran ₹57.0 Cr in just the last 3 — part of the build-out is riding on borrowed money.

FY26: borrowings ₹991 Cr at 0.49× equity Borrowings by fiscal year, ₹ Cr (bars); debt-to-equity, × (line). 8-year window. Quarterly balance-sheet history is not held for India — annual is the honest resolution.
the debt trajectory
BorrowingsDebt-to-equity
1.2k2.0×8761.6×5841.2×2920.8×00.3×₹ Cr×₹9910.49×FY19FY20FY22FY24FY26
1.2k2.0×8761.6×5841.2×2920.8×00.3×₹ Cr×₹9910.49×FY19FY22FY26

The total-debt and debt-to-equity series, which only the second data source carries, are not drawn on this page: its two data sources disagree by up to 17% on reported income across 14 comparable periods. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.

12 · Ownership

Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.

Domestic institutions cut 3.5 points of Rashi Peripherals Ltd over 8 quarters, the biggest move on the register. That takes domestic institutions to 12.7% of the company. Foreign institutions moved +1.9 points over the same window, to 3.3%. The register is read on the four disclosed classes only; nothing is inferred between filings.

The register over the last two years — Domestic institutions: −3.5 points over 8 quarters to 12.7%; Foreign institutions: +1.9 points over 8 quarters to 3.3%; Promoters: +0.6 points over 8 quarters to 64.0%.

Why the register moved: rotation — foreign institutions +1.9 points against domestic institutions −3.5 points over 8 quarters, with promoters +0.6 points — one class of institutions handing the register to the other, not a verdict change by the people closest to the numbers.

Fiscal-year ends: promoters +0.6 pts from Mar 24 to Mar 26 Shareholding at each fiscal-year end (March quarter), % of the company. 3 year-ends held.
PromotersForeign inst.Domestic inst.Public
69%51%32%14%−4.3%%64.0%0.8%17.4%17.8%Mar 24Mar 25Mar 26
69%51%32%14%−4.3%%64.0%0.8%17.4%17.8%Mar 24Mar 25Mar 26
Domestic institutions cut 3.5 points over 8 quarters Shareholding by holder class, % of the company, quarterly, last 10 quarters.
PromotersForeign inst.Domestic inst.Public
69%51%32%14%−4.4%%64.0%3.3%12.7%20.0%Mar 24Mar 25Jun 26
69%51%32%14%−4.4%%64.0%3.3%12.7%20.0%Mar 24Mar 25Jun 26
13 · Safety line

Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.

Rashi Peripherals Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.

The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.

14 · Related companies · Trading
CompanyScorePrice stageGrowth & earnings/35Capital efficiency/25Valuation/20Relative strength/20
1Rashi Peripherals Ltdthis pageRPTECH 69.1/100Favorable setup75% evidence LEADER 24.1/35 Revenue 40.4% · PAT 50.2% · OPM change -0.3 pp 95% evidence 14.9/25 ROCE 16.8% · OPM 3% 76% evidence 10.7/20 P/E 17.4× · PEG — 15% evidence 19.4/20 RS sector 63.5% · RS bench 82.2% · 1Y 197.6%12 of 12 weeks ahead 100% evidence
Exact sum: 24.1 + 14.9 + 10.7 + 19.4 = 69.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
2Nupur Recyclers LtdNRL 67.8/100Favorable setup87% evidence BREAKING OUT 21.9/35 Revenue 40.6% · PAT 29.8% · OPM change 3.6 pp 95% evidence 16.8/25 ROCE 15.1% · OPM 11.6% 95% evidence 9.8/20 P/E 47.1× · PEG — 50% evidence 19.3/20 RS sector 49.5% · RS bench 70.4% · 1Y 66.3%12 of 12 weeks ahead 100% evidence
Exact sum: 21.9 + 16.8 + 9.8 + 19.3 = 67.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
3Magnus Steel & Infra Ltd517320 67.1/100Thin evidence · provisional56% evidence 27.4/35 Revenue 100% · PAT 100% · OPM change 1.6 pp 83% evidence 18.5/25 ROCE 171% · OPM 21.3% 76% evidence 9.2/20 P/E 92.5× · PEG — 15% evidence 12.0/20 RS sector — · RS bench 46.1% · 1Y —4 of 5 weeks ahead to 2026-06-28 25% evidence
Exact sum: 27.4 + 18.5 + 9.2 + 12 = 67.1 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
4Shankara Buildpro LtdBUILDPRO 62.7/100Mixed-positive evidence63% evidence FADING 24.9/35 Revenue 26.3% · PAT 41.9% · OPM change -0.2 pp 100% evidence 17.4/25 ROCE 39% · OPM 3.2% 100% evidence 10.4/20 P/E 22.8× · PEG — 15% evidence 10.0/20 RS sector — · RS bench — · 1Y —7 of 12 weeks ahead 0% evidence
Exact sum: 24.9 + 17.4 + 10.4 + 10 = 62.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
5Sudarshan Pharma Industries Ltd543828 62.2/100Mixed-positive evidence82% evidence LEADER 22.2/35 Revenue 38.9% · PAT 53.3% · OPM change 1.5 pp 95% evidence 13.8/25 ROCE 15.1% · OPM 9.1% 76% evidence 9.3/20 P/E 34.8× · PEG — 50% evidence 16.9/20 RS sector 6.1% · RS bench 20.9% · 1Y 21%12 of 12 weeks ahead 100% evidence
Exact sum: 22.2 + 13.8 + 9.3 + 16.9 = 62.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
6Mangalam Global Enterprise LtdMGEL 61.8/100Mixed-positive evidence80% evidence 24.8/35 Revenue 41.4% · PAT 100% · OPM change 0.5 pp 95% evidence 16.2/25 ROCE 17% · OPM 1.9% 95% evidence 11.1/20 P/E 13× · PEG — 15% evidence 9.7/20 RS sector -14.4% · RS bench -0.2% · 1Y -9.8%10 of 11 weeks ahead 100% evidence
Exact sum: 24.8 + 16.2 + 11.1 + 9.7 = 61.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
7Vision Infra Equipment Solutions LtdVIESL 61.1/100Thin evidence · provisional56% evidence FADING 19.0/35 Revenue — · PAT — · OPM change 0 pp 26% evidence 20.0/25 ROCE 22.6% · OPM 26% 95% evidence 11.2/20 P/E 11.6× · PEG — 15% evidence 10.9/20 RS sector 1.9% · RS bench 15.7% · 1Y 93%10 of 12 weeks ahead 100% evidence
Exact sum: 19 + 20 + 11.2 + 10.9 = 61.1 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
8Tembo Global Industries LtdTEMBO 61.0/100Mixed-positive evidence80% evidence TURNING 21.6/35 Revenue 34% · PAT 55.7% · OPM change 5 pp 95% evidence 18.6/25 ROCE 22.8% · OPM 16% 95% evidence 11.3/20 P/E 11× · PEG — 15% evidence 9.5/20 RS sector -13.6% · RS bench -0.1% · 1Y 27.5%4 of 12 weeks ahead 100% evidence
Exact sum: 21.6 + 18.6 + 11.3 + 9.5 = 61 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
9Ivalue Infosolutions LtdIVALUE 60.1/100Mixed-positive evidence60% evidence BREAKING OUT 20.6/35 Revenue 5.4% · PAT 22.1% · OPM change 5.6 pp 95% evidence 18.6/25 ROCE 25.4% · OPM 10% 95% evidence 10.9/20 P/E 14.2× · PEG — 15% evidence 10.0/20 RS sector — · RS bench — · 1Y —6 of 10 weeks ahead 0% evidence
Exact sum: 20.6 + 18.6 + 10.9 + 10 = 60.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
10Euro Pratik Sales LtdEUROPRATIK 59.5/100Mixed-positive evidence73% evidence BREAKING OUT 14.9/35 Revenue 23.9% · PAT 29% · OPM change -8 pp 100% evidence 19.5/25 ROCE 38.4% · OPM 26% 100% evidence 15.1/20 P/E 34.1× · PEG 0.62 65% evidence 10.0/20 RS sector — · RS bench — · 1Y —8 of 10 weeks ahead 0% evidence
Exact sum: 14.9 + 19.5 + 15.1 + 10 = 59.5 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity.
11Arisinfra Solutions LtdARIS 57.8/100Mixed-positive evidence65% evidence BASING 21.4/35 Revenue 45.3% · PAT 100% · OPM change 2 pp 95% evidence 15.4/25 ROCE 15.6% · OPM 11% 95% evidence 10.8/20 P/E 16.6× · PEG — 15% evidence 10.2/20 RS sector — · RS bench 1.5% · 1Y -7.4%3 of 10 weeks ahead 25% evidence
Exact sum: 21.4 + 15.4 + 10.8 + 10.2 = 57.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
12Aayush Art and Bullion Ltd540718 55.0/100Thin evidence · provisional54% evidence TURNING 21.0/35 Revenue 100% · PAT — · OPM change 1.6 pp 35% evidence 13.3/25 ROCE 18.9% · OPM 6% 76% evidence 8.9/20 P/E 242× · PEG — 15% evidence 11.8/20 RS sector -3.2% · RS bench 10.9% · 1Y 35.2%1 of 12 weeks ahead 100% evidence
Exact sum: 21 + 13.3 + 8.9 + 11.8 = 55 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
13Patel Retail LtdPATELRMART 52.8/100Mixed-positive evidence60% evidence FADING 17.6/35 Revenue 42.3% · PAT 59.7% · OPM change -2.2 pp 95% evidence 14.6/25 ROCE 15.3% · OPM 6.1% 95% evidence 10.6/20 P/E 17.6× · PEG — 15% evidence 10.0/20 RS sector — · RS bench — · 1Y -16.2%5 of 10 weeks ahead 0% evidence
Exact sum: 17.6 + 14.6 + 10.6 + 10 = 52.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
14Lloyds Enterprises LtdLLOYDSENT 52.6/100Mixed-positive evidence75% evidence FADING 17.9/35 Revenue 33% · PAT -21.4% · OPM change 9 pp 95% evidence 11.3/25 ROCE 3.7% · OPM 16% 76% evidence 9.1/20 P/E 102× · PEG — 15% evidence 14.3/20 RS sector 0.9% · RS bench 15.7% · 1Y -0.2%11 of 12 weeks ahead 100% evidence
Exact sum: 17.9 + 11.3 + 9.1 + 14.3 = 52.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
15Bizotic Commercial Ltd543926 51.6/100Thin evidence · provisional58% evidence ASLEEP 19.8/35 Revenue — · PAT — · OPM change 0 pp 26% evidence 18.7/25 ROCE 26.8% · OPM 8% 76% evidence 10.0/20 P/E 36.8× · PEG — 50% evidence 3.1/20 RS sector -23.5% · RS bench -12.2% · 1Y 155.7%0 of 12 weeks ahead 100% evidence
Exact sum: 19.8 + 18.7 + 10 + 3.1 = 51.6 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
16Fabtech Technologies LtdFABTECH 51.0/100Thin evidence · provisional52% evidence ASLEEP 17.5/35 Revenue 14.2% · PAT 41% · OPM change 14.8 pp 71% evidence 12.5/25 ROCE 13.6% · OPM 5.7% 95% evidence 11.0/20 P/E 13.5× · PEG — 15% evidence 10.0/20 RS sector — · RS bench — · 1Y —0 of 10 weeks ahead 0% evidence
Exact sum: 17.5 + 12.5 + 11 + 10 = 51 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
17SG Mart LtdSGMART 50.1/100Mixed-positive evidence90% evidence LEADER 14.6/35 Revenue 10.4% · PAT 14.7% · OPM change 1.4 pp 95% evidence 9.0/25 ROCE 10.2% · OPM 4.5% 95% evidence 8.3/20 P/E 74.6× · PEG 1.92 65% evidence 18.2/20 RS sector 37.5% · RS bench 54.6% · 1Y 125.1%12 of 12 weeks ahead 100% evidence
Exact sum: 14.6 + 9 + 8.3 + 18.2 = 50.1 · Decision use: Price leads the evidence: RS versus the benchmark is 54.6%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
18Shiv Aum Steels LtdSHIVAUM 47.5/100Thin evidence · provisional55% evidence TURNING 16.9/35 Revenue — · PAT — · OPM change 1.3 pp 45% evidence 11.4/25 ROCE 8% · OPM 4.7% 95% evidence 7.5/20 P/E 64.1× · PEG — 50% evidence 11.7/20 RS sector — · RS bench 34.1% · 1Y —2 of 2 weeks ahead 25% evidence
Exact sum: 16.9 + 11.4 + 7.5 + 11.7 = 47.5 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
19Adani Enterprises LtdADANIENT 47.2/100Mixed-negative evidence93% evidence LEADER 14.9/35 Revenue 18.1% · PAT 4.2% · OPM change 0 pp 100% evidence 8.5/25 ROCE 5.8% · OPM 15% 100% evidence 7.7/20 P/E 173× · PEG 1.96 65% evidence 16.1/20 RS sector 7% · RS bench 22% · 1Y 43.7%12 of 12 weeks ahead 100% evidence
Exact sum: 14.9 + 8.5 + 7.7 + 16.1 = 47.2 · Decision use: Price leads the evidence: RS versus the benchmark is 22%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
20MMTC LtdMMTC 46.6/100Mixed-negative evidence96% evidence ASLEEP 14.7/35 Revenue 0% · PAT 100% · OPM change -1270 pp 100% evidence 8.1/25 ROCE 8.7% · OPM — 84% evidence 14.4/20 P/E 48× · PEG 0.92 100% evidence 9.4/20 RS sector -14.3% · RS bench -1.3% · 1Y 1.7%7 of 12 weeks ahead 100% evidence
Exact sum: 14.7 + 8.1 + 14.4 + 9.4 = 46.6 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity.
21Onix Solar Energy Ltd513119 45.7/100Mixed-negative evidence75% evidence ASLEEP 22.4/35 Revenue 100% · PAT 100% · OPM change 23 pp 95% evidence 11.2/25 ROCE 10% · OPM 30% 76% evidence 10.5/20 P/E 22× · PEG — 15% evidence 1.6/20 RS sector -37% · RS bench -13.7% · 1Y -10.2%1 of 12 weeks ahead 100% evidence
Exact sum: 22.4 + 11.2 + 10.5 + 1.6 = 45.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
22Yogi Ltd511702 44.9/100Mixed-negative evidence64% evidence ASLEEP 20.8/35 Revenue 100% · PAT 100% · OPM change -5.9 pp 62% evidence 10.0/25 ROCE 12.8% · OPM 2.6% 76% evidence 9.6/20 P/E 55.4× · PEG — 15% evidence 4.5/20 RS sector -18.7% · RS bench -6.2% · 1Y -14.1%1 of 12 weeks ahead 100% evidence
Exact sum: 20.8 + 10 + 9.6 + 4.5 = 44.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
23State Trading Corporation of India LtdSTCINDIA 43.5/100Thin evidence · provisional54% evidence ASLEEP 18.7/35 Revenue — · PAT 100% · OPM change -14.6 pp 43% evidence 7.4/25 ROCE -0.9% · OPM — 60% evidence 12.0/20 P/E 15.7× · PEG — 50% evidence 5.4/20 RS sector -29.2% · RS bench -5.4% · 1Y -0.9%5 of 11 weeks ahead 70% evidence
Exact sum: 18.7 + 7.4 + 12 + 5.4 = 43.5 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
24Riddhi Siddhi Gluco Biols Ltd524480 43.1/100Mixed-negative evidence82% evidence TURNING 12.8/35 Revenue 74.8% · PAT 0% · OPM change -2.8 pp 95% evidence 6.5/25 ROCE 2.7% · OPM -3% 76% evidence 6.5/20 P/E 38.6× · PEG — 50% evidence 17.3/20 RS sector 13.5% · RS bench 29% · 1Y 42.1%11 of 12 weeks ahead 100% evidence
Exact sum: 12.8 + 6.5 + 6.5 + 17.3 = 43.1 · Decision use: Price leads the evidence: RS versus the benchmark is 29%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
25RRP Semiconductor LtdRRP 43.0/100Thin evidence · provisional51% evidence 12.1/35 Revenue -80% · PAT -80% · OPM change 3.3 pp 62% evidence 5.5/25 ROCE -32.7% · OPM — 61% evidence 10.0/20 P/E — · PEG — 0% evidence 15.4/20 RS sector 64.7% · RS bench 6.5% · 1Y 142.7%0 of 1 week ahead 70% evidence
Exact sum: 12.1 + 5.5 + 10 + 15.4 = 43 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
26Dhunseri Ventures LtdDVL 40.6/100Mixed-negative evidence87% evidence TURNING 12.5/35 Revenue -20% · PAT 31.7% · OPM change -12 pp 95% evidence 9.7/25 ROCE 6.7% · OPM 39% 95% evidence 9.1/20 P/E 4.9× · PEG — 50% evidence 9.3/20 RS sector -17.9% · RS bench -4.2% · 1Y -22.4%4 of 12 weeks ahead 100% evidence
Exact sum: 12.5 + 9.7 + 9.1 + 9.3 = 40.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
27Cropster Agro Ltd523105 40.6/100Mixed-negative evidence65% evidence 16.0/35 Revenue 28.4% · PAT 6.5% · OPM change 2.1 pp 83% evidence 11.3/25 ROCE 12.4% · OPM 8.7% 76% evidence 10.3/20 P/E 31× · PEG — 15% evidence 3.0/20 RS sector -72.9% · RS bench -62.7% · 1Y -70.2%0 of 4 weeks ahead 70% evidence
Exact sum: 16 + 11.3 + 10.3 + 3 = 40.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
28PTC India LtdPTC 40.5/100Mixed-negative evidence82% evidence ASLEEP 13.7/35 Revenue 13.3% · PAT -43.1% · OPM change -3.9 pp 95% evidence 12.7/25 ROCE 13.4% · OPM 3.1% 76% evidence 10.6/20 P/E 9.3× · PEG — 50% evidence 3.5/20 RS sector -20.5% · RS bench -8.7% · 1Y -7.4%3 of 12 weeks ahead 100% evidence
Exact sum: 13.7 + 12.7 + 10.6 + 3.5 = 40.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
29Hardwyn India LtdHARDWYN 40.3/100Mixed-negative evidence87% evidence ASLEEP 13.9/35 Revenue 2.6% · PAT -8.5% · OPM change -0.2 pp 95% evidence 12.4/25 ROCE 4.8% · OPM 13% 95% evidence 11.7/20 P/E 62.6× · PEG — 50% evidence 2.3/20 RS sector -25.6% · RS bench -15.6% · 1Y 23.3%7 of 12 weeks ahead 100% evidence
Exact sum: 13.9 + 12.4 + 11.7 + 2.3 = 40.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
30Hexa Tradex LtdHEXATRADEX 39.6/100Mixed-negative evidence65% evidence ASLEEP 16.8/35 Revenue 0.4% · PAT 70.3% · OPM change 13.6 pp 71% evidence 6.2/25 ROCE -0.1% · OPM — 80% evidence 10.0/20 P/E — · PEG — 0% evidence 6.6/20 RS sector -19.5% · RS bench -6.9% · 1Y -12.8%0 of 12 weeks ahead 100% evidence
Exact sum: 16.8 + 6.2 + 10 + 6.6 = 39.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
31Neueon Corporation LtdNEUEON 38.5/100Thin evidence · provisional59% evidence ASLEEP 9.2/35 Revenue 17.8% · PAT -80% · OPM change -1039 pp 71% evidence 3.8/25 ROCE -40.4% · OPM — 80% evidence 10.0/20 P/E — · PEG — 0% evidence 15.5/20 RS sector 12.7% · RS bench 44.5% · 1Y —5 of 12 weeks ahead 70% evidence
Exact sum: 9.2 + 3.8 + 10 + 15.5 = 38.5 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
32Kothari Industrial Corporation LtdKOTIC 33.5/100Adverse evidence63% evidence ASLEEP 18.4/35 Revenue 75.9% · PAT -80% · OPM change -41.8 pp 71% evidence 1.6/25 ROCE -28.9% · OPM -43% 95% evidence 10.0/20 P/E — · PEG — 0% evidence 3.5/20 RS sector -58.8% · RS bench -47.8% · 1Y -68.7%0 of 7 weeks ahead 70% evidence
Exact sum: 18.4 + 1.6 + 10 + 3.5 = 33.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
33Shanti Overseas (India) LtdSHANTI 32.5/100Thin evidence · provisional56% evidence 11.3/35 Revenue -63.4% · PAT 100% · OPM change -200.5 pp 40% evidence 4.6/25 ROCE -25.2% · OPM -216.5% 71% evidence 13.3/20 P/E 3× · PEG — 50% evidence 3.3/20 RS sector -60.6% · RS bench -49.7% · 1Y -51.6%0 of 12 weeks ahead to 2026-03-29 70% evidence
Exact sum: 11.3 + 4.6 + 13.3 + 3.3 = 32.5 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
34BN Agrochem LtdBNAGROCHEM 32.3/100Adverse evidence77% evidence ASLEEP 12.4/35 Revenue 84.5% · PAT -61% · OPM change -9.4 pp 100% evidence 4.4/25 ROCE 4.4% · OPM 2.3% 100% evidence 9.1/20 P/E 140× · PEG — 15% evidence 6.4/20 RS sector -17.1% · RS bench -23.3% · 1Y -22.5%6 of 8 weeks ahead 70% evidence
Exact sum: 12.4 + 4.4 + 9.1 + 6.4 = 32.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
35Uniphos Enterprises LtdUNIENTER 29.9/100Adverse evidence69% evidence ASLEEP 12.4/35 Revenue -77.1% · PAT 100% · OPM change -0.9 pp 71% evidence 4.5/25 ROCE 0.8% · OPM — 80% evidence 8.9/20 P/E 32.7× · PEG — 50% evidence 4.1/20 RS sector -44% · RS bench -24.1% · 1Y -38%1 of 10 weeks ahead 70% evidence
Exact sum: 12.4 + 4.5 + 8.9 + 4.1 = 29.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
36Oswal Agro Mills LtdOSWALAGRO 24.4/100Adverse evidence67% evidence ASLEEP 2.8/35 Revenue -80% · PAT -80% · OPM change -21782.3 pp 95% evidence 7.8/25 ROCE 2% · OPM — 80% evidence 10.0/20 P/E — · PEG — 0% evidence 3.8/20 RS sector -50.6% · RS bench -32% · 1Y -50.5%0 of 10 weeks ahead 70% evidence
Exact sum: 2.8 + 7.8 + 10 + 3.8 = 24.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
37Proventus Agrocom LtdPROV 57.5/100Thin evidence · provisional48% evidence BREAKING OUT 19.7/35 Revenue — · PAT — · OPM change 0.2 pp 26% evidence 12.7/25 ROCE 11.5% · OPM 1.8% 95% evidence 13.2/20 P/E 45.4× · PEG — 50% evidence 11.9/20 RS sector — · RS bench 39.7% · 1Y —8 of 8 weeks ahead 25% evidence
Exact sum: 19.7 + 12.7 + 13.2 + 11.9 = 57.5 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
38Mardia Samyoung Capillary Tubes Company LtdMSCTC 57.0/100Thin evidence · provisional32% evidence 20.7/35 Revenue 100% · PAT 100% · OPM change — 29% evidence 15.3/25 ROCE 22.6% · OPM 15.3% 57% evidence 8.7/20 P/E 687× · PEG — 15% evidence 12.3/20 RS sector — · RS bench 74.6% · 1Y 176.1%6 of 12 weeks ahead to 2026-03-08 25% evidence
Exact sum: 20.7 + 15.3 + 8.7 + 12.3 = 57 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
39SK Minerals & Additives Ltd544584 56.2/100Thin evidence · provisional36% evidence 16.7/35 Revenue — · PAT — · OPM change 1.3 pp 39% evidence 19.1/25 ROCE 26.2% · OPM 10.7% 76% evidence 10.4/20 P/E 25.4× · PEG — 15% evidence 10.0/20 RS sector — · RS bench — · 1Y — 0% evidence
Exact sum: 16.7 + 19.1 + 10.4 + 10 = 56.2 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
40Monika Alcobev LtdMONIKA 54.1/100Thin evidence · provisional22% evidence 16.4/35 Revenue — · PAT — · OPM change -2 pp 15% evidence 17.1/25 ROCE 21% · OPM 15% 57% evidence 10.6/20 P/E 20.4× · PEG — 15% evidence 10.0/20 RS sector — · RS bench — · 1Y -11.2%0 of 12 weeks ahead to 2026-03-08 0% evidence
Exact sum: 16.4 + 17.1 + 10.6 + 10 = 54.1 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
41Shah Foods Ltd519031 53.7/100Thin evidence · provisional18% evidence 17.1/35 Revenue — · PAT — · OPM change -10.7 pp 7% evidence 15.3/25 ROCE — · OPM 18% 30% evidence 8.9/20 P/E 248× · PEG — 15% evidence 12.4/20 RS sector — · RS bench 96.2% · 1Y — 25% evidence
Exact sum: 17.1 + 15.3 + 8.9 + 12.4 = 53.7 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
42Pramara Promotions LtdPRAMARA 52.7/100Thin evidence · provisional47% evidence 16.7/35 Revenue — · PAT — · OPM change -1 pp 15% evidence 14.2/25 ROCE 15.2% · OPM 15% 71% evidence 6.9/20 P/E 51.3× · PEG — 50% evidence 14.9/20 RS sector 8.7% · RS bench 29% · 1Y 58.3%10 of 12 weeks ahead to 2026-04-19 70% evidence
Exact sum: 16.7 + 14.2 + 6.9 + 14.9 = 52.7 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
43BMW Ventures LtdBMW 52.2/100Thin evidence · provisional26% evidence 18.1/35 Revenue — · PAT — · OPM change 0 pp 24% evidence 13.0/25 ROCE 13.6% · OPM 4% 57% evidence 11.1/20 P/E 13.4× · PEG — 15% evidence 10.0/20 RS sector — · RS bench — · 1Y —0 of 10 weeks ahead to 2026-03-08 0% evidence
Exact sum: 18.1 + 13 + 11.1 + 10 = 52.2 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
44Manbro Industries Ltd512595 51.4/100Thin evidence · provisional22% evidence 18.3/35 Revenue — · PAT — · OPM change 32.8 pp 5% evidence 13.1/25 ROCE — · OPM 6.6% 23% evidence 10.0/20 P/E — · PEG — 0% evidence 10.0/20 RS sector -17.3% · RS bench 37.2% · 1Y 40.1%12 of 12 weeks ahead to 2026-05-03 70% evidence
Exact sum: 18.3 + 13.1 + 10 + 10 = 51.4 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
45Le Merite Exports LtdLEMERITE 46.8/100Thin evidence · provisional46% evidence 18.9/35 Revenue — · PAT — · OPM change 0.9 pp 15% evidence 9.1/25 ROCE 8.6% · OPM 2.8% 71% evidence 9.3/20 P/E 87× · PEG — 15% evidence 9.5/20 RS sector -9.3% · RS bench 15% · 1Y 45.9%2 of 12 weeks ahead to 2026-05-17 100% evidence
Exact sum: 18.9 + 9.1 + 9.3 + 9.5 = 46.8 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
46Satani Bearings Ltd505703 45.0/100Thin evidence · provisional38% evidence ASLEEP 20.5/35 Revenue — · PAT 100% · OPM change — 33% evidence 4.5/25 ROCE 1% · OPM -3.7% 76% evidence 8.6/20 P/E 5005× · PEG — 15% evidence 11.4/20 RS sector — · RS bench 23.7% · 1Y 166.3%0 of 10 weeks ahead 25% evidence
Exact sum: 20.5 + 4.5 + 8.6 + 11.4 = 45 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
47Keto Motors Ltd537392 43.0/100Thin evidence · provisional38% evidence 16.0/35 Revenue — · PAT -41.7% · OPM change — 33% evidence 6.0/25 ROCE -0.3% · OPM 10.7% 76% evidence 8.5/20 P/E 6428× · PEG — 15% evidence 12.5/20 RS sector — · RS bench 341.9% · 1Y — 25% evidence
Exact sum: 16 + 6 + 8.5 + 12.5 = 43 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
48A-1 LtdA1L 41.3/100Thin evidence · provisional50% evidence 16.4/35 Revenue 8.3% · PAT -30.6% · OPM change -0.9 pp 53% evidence 10.9/25 ROCE 10.6% · OPM 2.9% 57% evidence 8.8/20 P/E 383× · PEG — 15% evidence 5.2/20 RS sector -24.9% · RS bench -16% · 1Y 25.3%6 of 12 weeks ahead to 2026-03-08 70% evidence
Exact sum: 16.4 + 10.9 + 8.8 + 5.2 = 41.3 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
49Blue Pearl Agriventures LtdBPAGRI 38.2/100Thin evidence · provisional50% evidence 17.6/35 Revenue 100% · PAT -46.7% · OPM change -2.5 pp 53% evidence 7.6/25 ROCE 2.6% · OPM 2.8% 57% evidence 8.6/20 P/E 5705× · PEG — 15% evidence 4.4/20 RS sector -33.9% · RS bench -25.1% · 1Y -48.7%1 of 12 weeks ahead to 2026-03-08 70% evidence
Exact sum: 17.6 + 7.6 + 8.6 + 4.4 = 38.2 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.

15 · Frequently asked questions

Frequently asked questions

What is Rashi Peripherals Ltd's share price today?

Rashi Peripherals Ltd trades at ₹834, +194.4% over the past year. The company is valued at ₹5,539 Cr. The stock sits at 90% of its 52-week range of ₹316–₹895, +54.5% versus its 200-day average. On the tape, the price is in a confirmed uptrend, 41 weeks in. — as of 14 August 2026.

What were Rashi Peripherals Ltd's latest quarterly results?

Rashi Peripherals Ltd reported revenue of ₹5,102 Cr and net profit of ₹105 Cr for the Jun 26 quarter. Revenue rose 61.9% and profit rose 69.4% year on year. Earnings per share were ₹15.59. The operating margin was 3.0%, 0.3 pp lower than a year earlier. — as of 14 August 2026.

What is Rashi Peripherals Ltd's revenue?

Rashi Peripherals Ltd reported revenue of ₹5,102 Cr in the Jun 26 quarter, +61.9% year on year. For the full FY26 fiscal year, revenue was ₹15,827 Cr (+14.9%). Over the last 7 years revenue compounded at 21.8% a year. — as of 14 August 2026.

What is Rashi Peripherals Ltd's profit?

Rashi Peripherals Ltd earned ₹105 Cr of net profit in the Jun 26 quarter, +69.4% year on year — the 3rd straight quarter of growth. Full-year FY26 profit was ₹282 Cr. The operating margin ran 3.0% in the latest quarter. — as of 14 August 2026.

What is Rashi Peripherals Ltd's market cap?

Rashi Peripherals Ltd's market capitalisation is ₹5,539 Cr at a share price of ₹834. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 14 August 2026.

What is Rashi Peripherals Ltd's P/E ratio?

Rashi Peripherals Ltd trades at a P/E of 17.4×, at the 86th percentile of its own 2-year range, against a long-run median of 10.7×. This is a comparison with the stock's own history, not a value call — as of 14 August 2026.

Does Rashi Peripherals Ltd pay a dividend?

Yes — Rashi Peripherals Ltd's dividend payout was 5% of profit in FY26, and it recorded a payout in 4 of its last 8 reported fiscal years. This page holds the payout ratio, not a per-share amount. — as of 14 August 2026.

Is Rashi Peripherals Ltd overvalued?

On its own history, Rashi Peripherals Ltd looks expensive: its P/E of 17.4× sits at the 86th percentile of its 2-year range (long-run median 10.7×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 14 August 2026.

Is Rashi Peripherals Ltd growing?

Yes — Rashi Peripherals Ltd is growing: latest-quarter revenue +61.9% year on year, profit +69.4%, and the margin −0.3 pp at 3.0%. The 7-year compound rates are 21.8% (revenue) and 38.4% (profit). The earnings engine currently reads: improving — as of 14 August 2026.

How is Rashi Peripherals Ltd performing?

Rashi Peripherals Ltd is in a confirmed uptrend, 41 weeks in. Its latest quarter's revenue rose 61.9% and profit rose 69.4% year on year. Against the NIFTY 500 it has been ahead on a trailing-13-week view for 54 weeks. This describes what the data did, not a rating. — as of 14 August 2026.

What stage is Rashi Peripherals Ltd in?

Consistent — revenue and profit growth have stayed positive through the window, with ROCE at 17.0% and holding. The read comes from the last 12 quarters of growth (revenue growth +40.4% latest, profit growth +50.2% latest) plus the ROCE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 14 August 2026.

Is Rashi Peripherals Ltd in an uptrend?

Yes — the price is in a confirmed uptrend (week 41 of stage 2), trading +54.5% versus its 200-day average and at 90% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 14 August 2026.

Is Rashi Peripherals Ltd beating the market?

On recent form, yes — Rashi Peripherals Ltd has been ahead of the NIFTY 500 on a trailing-13-week view for 54 straight weeks, the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 2.5 years the stock moved +141% against the NIFTY 500's +17% — ahead of the index over the full window. — as of 14 August 2026.

Will Rashi Peripherals Ltd's share price go up?

This page publishes no price forecast for Rashi Peripherals Ltd. What it measures instead: the share price is ₹834, the price is in a confirmed uptrend 41 weeks in. Its P/E of 17.4× sits at the 86th percentile of its own 2-year range. — as of 14 August 2026.

Who owns Rashi Peripherals Ltd?

Promoters hold 64.0% of Rashi Peripherals Ltd, foreign institutions 3.3%, domestic institutions 12.7% and the public 20.0% (latest quarter). The biggest move on the register over the last two years: Domestic institutions cut 3.5 points over 8 quarters. — as of 14 August 2026.

Does Rashi Peripherals Ltd have too much debt?

It is moderate — Rashi Peripherals Ltd's debt-to-equity is 0.49, and operating profit covers the interest bill 4×. FY26 borrowings were ₹991 Cr against equity of ₹2,025 Cr. Read the returns on this page with that leverage in mind — as of 14 August 2026.

What is Rashi Peripherals Ltd's capex?

Rashi Peripherals Ltd spent ₹57.0 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹39.0 Cr, with ₹0.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 14 August 2026.

What is Rashi Peripherals Ltd's cash flow?

Rashi Peripherals Ltd generated ₹114 Cr of operating cash flow in FY26 and ₹75.0 Cr of free cash flow after ₹39.0 Cr of capital spending. Reported profit that year was ₹282 Cr, so operating cash ran behind profit. Cash-flow resolution for India is annual. — as of 14 August 2026.

Is Rashi Peripherals Ltd's profit real cash?

No — operating cash was negative over the last 3 fiscal years: Rashi Peripherals Ltd consumed cash while reporting profit. In FY26, operating cash was ₹114 Cr against reported profit of ₹282 Cr. Cash-flow resolution is annual — as of 14 August 2026.

Where is Rashi Peripherals Ltd in its business cycle?

Rashi Peripherals Ltd's FY26 operating margin was 2.9%, against a 8-year band of 1.5%–3.6%: mid-band by its own history — neither the peak that precedes mean-reversion nor the trough that precedes recovery. The latest quarter ran 3.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 14 August 2026.

What could break the Rashi Peripherals Ltd story?

The sharpest disagreement: profits are rising, but only −45% of the last 3 years' profit arrived as operating cash — the gap between the P&L and the bank account is the thing to watch. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 14 August 2026.

Is Rashi Peripherals Ltd a stock worth studying right now?

This is not investment advice. The machine read: Rashi Peripherals Ltd's price has outrun its earnings. +194.4% in a year against EPS +33.4% — the market is paying now for delivery later. The sharpest open question: whether the cash starts following the profit. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 14 August 2026.

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