Sector Alpha Week of 2026-10-16
This is research, not advice. We’re not SEBI-registered.
Sector Alpha, written by code from the published numbers · Data as of 2026-10-16

Transchem Ltd

TRANSCHEM
Trading

Transchem Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer.

Biggest thing to watch: the P/E is higher than 80% of its own history, so the multiple has already done part of the work.

The price has been rising for 60 weeks, and the P/E is higher than 80% of its own 10-year history. Over the last four quarters, results have been mixed, with profit +245.5% on a year earlier, and −45% of the last 3 years' profit came in as cash. What will decide it: the next one or two quarters of results.

Price
₹415
P/E
75.5×
higher than 80% of the last 10 years
Revenue (Jun 26)
₹0.0 Cr
Profit (Jun 26)
₹3.4 Cr
+245.5% on a year ago
ROCE
7%
FY26
Profit that came in as cash
−45%
last 3 years
Figures we could not check: Some figures on this page come from a second data source that we could not check against the main one, because the two do not cover enough of the same periods. They are shown because they are the only figures there are, and every section that uses one is marked unverified.
01 · Price story

Price story A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Transchem Ltd is in stage 2. The phase helps read everything below.

Transchem Ltd's share price was ₹415 at the close on 16 October 2026. It has been rising for 60 weeks. That is 52.6% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹319 and ₹415, and today it sits 99% of the way up from that low.

There is not enough history yet to compare it with the NIFTY 500.

Oct 26: ₹415, 52.6% above its 200-day average. The price has been rising for 60 weeks. Weekly closing price (₹) with its 50-day and 200-day averages. The coloured bands show the phase: grey sideways, green rising, amber stalling, red falling. 1-year window.
Price50-day avg200-day avg
S2₹431₹372₹314₹255₹196₹₹415₹272Aug 26Aug 26Sep 26Sep 26Oct 26
S2₹431₹372₹314₹255₹196₹₹415₹272Aug 26Sep 26Oct 26

Over the last 2 months the share price moved +30% while the NIFTY 500 moved −6%, so it is ahead of the index over that whole period. The chart below shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

02 · Valuation

Valuation P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

Transchem Ltd's P/E is 75.5×, near the high end of its own history: higher than 80% of past readings. Its usual P/E (the middle reading) is 19.6×, over 10.0 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E 75.5× against a usual 19.6×: near the high end of its own history: higher than 80% of past readings P/E, weekly (left scale); earnings per share, trailing twelve months, weekly (right scale). 10.0-year window; readings during loss periods above 59× are drawn at the top edge. The eps (ttm) bars are red where the reading is lower than the quarter before.
P/EMedianEPS (TTM) (quarterly)
62.9×₹5.947.9×₹4.433.0×₹3.018.0×₹1.53.0×₹0.0×₹58.80×₹6Oct 16Oct 20Oct 22Oct 24Oct 26
62.9×₹5.947.9×₹4.433.0×₹3.018.0×₹1.53.0×₹0.0×₹58.80×₹6Oct 16Oct 22Oct 26
P/E
75.5×
higher than 80% of its last 10 years

In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple.

03 · Business trend

Business trend Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Transchem Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 9 quarters of 2 measures, with some gaps.

Growth year by year: revenue −100.0% in FY26, profit −17.8% Growth on the year before, each year, %: revenue (left scale); net profit and EPS (right scale, because profit growth swings much more). Zero line drawn. Turnaround-year jumps are drawn at the edge (▲).
Revenue growthProfit growthEPS growth
735%348%511%174%287%0.0%62%−174%−162%−348%%%−100%−17.8%FY16FY21FY26
735%348%511%174%287%0.0%62%−174%−162%−348%%%−100%−17.8%FY16FY21FY26
Three growth lines over twelve quarters: revenue stabilising, profit accelerating Growth on a year earlier in revenue (left scale), profit and earnings per share (right scale, because they swing much more), each measured over the last 12 months, % at each quarter end. Where the 12-month history is short, the line uses single-quarter growth instead, which is noisier; extreme jumps from a tiny base are evened out before reading. Extreme jumps from a tiny base are drawn at the edge (▲). A gap means there is no reading for that quarter.
RevenueProfitEPS
332%270%216%181%100%92%−16%0.0%−132%−86%%%−100%245.5%47.2%Sep 23Dec 24Jun 26
332%270%216%181%100%92%−16%0.0%−132%−86%%%−100%245.5%47.2%Sep 23Dec 24Jun 26
ROCE: the return line, yearly figures Yearly figures: the quarterly balance-sheet figures this line needs are not available for this stock, so it changes once a year and counts for less in the reading.
ROCE
9.6%7.9%6.3%4.7%3.1%%6.9%FY23FY24FY26
9.6%7.9%6.3%4.7%3.1%%6.9%FY23FY24FY26
Profit growth
Rising
latest +245.5%, range −61.9% to +100.0%
ROCE
Stuck low
latest 6.9%, range 3.5% to 9.1%

Why it matters: with too little history, we say so rather than guess a direction.

One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result.

The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone.

There are fewer than eight usable quarters, so this page does not guess a direction from so little history.

Compound annual growth rate (%) Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.
1yr3yr5yr10yr
Profit−17.8%+51.4%−29.2%+56.1%
EPS−17.8%+51.5%−29.2%+56.4%
Profit growth (Jun 26)
+245.5%
latest quarter against a year ago
04 · 4-Factor Sector Score

4-Factor Sector Score

50.5 out of 100, rank 14 of 63 in Trading, with 52% of the evidence available.

Transchem Ltd scores 50.5 out of 100 against the 63 companies it is compared with in Trading, ranking 14. Some evidence is missing, so the score is pulled toward the middle on purpose.

The four parts add up to the total exactly: 18.6 + 10.4 + 9.3 + 12.2 = 50.5. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

05 · Revenue

Revenue Revenue is everything the company billed its customers in the period.

Transchem Ltd reported ₹0.0 Cr of revenue in the Jun 26 quarter. The last full year, FY26, came in at ₹0.0 Cr. The last four reported quarters add to ₹0.0 Cr. A growth rate over several years is not shown, because there are too few years of figures to work one out properly.

FY26 revenue was ₹0.0 Cr, −100.0% on the year before.

FY26 revenue ₹0.0 Cr (−100.0% on the year before) Bars: revenue, ₹ Cr (left scale). Line: growth on the year before, % (right scale). 11-year window. A bar is red when it is lower than the year before.
RevenueGrowth on a year earlier
2.9735%2.0511%1.2287%0.462%−0.4−162%₹ Cr%₹0−100%FY16FY21FY26
2.9735%2.0511%1.2287%0.462%−0.4−162%₹ Cr%₹0−100%FY16FY21FY26
Jun 26: ₹0.0 Cr (null on a year earlier) Bars: revenue each quarter, ₹ Cr (left scale). Line: growth on the same quarter a year earlier, % (right scale). Last 12 quarters. A bar is red when it is lower than the quarter before.
Revenue (quarterly)Growth on a year earlier
2.6537%2.0366%1.3195%0.724%0.0−147%₹ Cr%₹0−100%Sep 23Dec 24Jun 26
2.6537%2.0366%1.3195%0.724%0.0−147%₹ Cr%₹0−100%Sep 23Dec 24Jun 26

Is growth speeding up? Revenue over the last 12 months grew −100.0%, against −100.0% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +47.7%, against +15.7% a year (accelerating).

06 · Operating margin

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

We do not have a clean operating margin for Transchem Ltd. Its accounts do not report the operating-profit line this section uses, which is common for lenders and holding companies. The other sections show what its filings do report.

Why: the operating margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason.

FY25: −55.5%, within a range of −511.8% to 3,860.0% over 4 years Operating margin each year, % (left line); change on the year before, in percentage points (right line). 4-year window.
operating marginChange on the year before (points)
4,210%692%2,942%−162%1,674%−1,017%406%−1,871%−862%−2,726%%%−55.5%456.3%FY21FY22FY25
4,210%692%2,942%−162%1,674%−1,017%406%−1,871%−862%−2,726%%%−55.5%456.3%FY21FY22FY25
Jun 26: operating margin null% (null points on a year earlier) Quarterly operating margin, % (left line); change on the same quarter a year earlier, in percentage points (right line). Last 12 quarters. Operating profit as a share of revenue, each quarter.
Operating marginChange on a year earlier (points)
−8.8%91.1%−49%90.5%−88%89.9%−128%89.3%−168%88.7%%%−19.8%89.9%Sep 23Dec 24Jun 26
−8.8%91.1%−49%90.5%−88%89.9%−128%89.3%−168%88.7%%%−19.8%89.9%Sep 23Dec 24Jun 26
07 · Net profit

Net profit Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

Transchem Ltd earned ₹3.4 Cr of net profit in the Jun 26 quarter, +245.5% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY26 profit was ₹4.3 Cr. Over 10 years profit has grown 56.1% a year on average. The same quarter a year earlier earned ₹1.0 Cr.

For the full year, FY26 profit was ₹4.3 Cr (−17.8% on the year before).

FY26 profit ₹4.3 Cr (−17.8% on the year before), 56.1% a year over 10 years Bars: net profit, ₹ Cr (left scale). Line: growth on the year before, % (right scale). 11-year window. A bar is red when it is lower than the year before.
Net profitGrowth on a year earlier
266,297%194,461%112,625%4789%−3−1,046%₹ Cr%₹4−17.8%FY16FY21FY26
266,297%194,461%112,625%4789%−3−1,046%₹ Cr%₹4−17.8%FY16FY21FY26
Jun 26: ₹3.4 Cr (+245.5% on a year earlier), the 2nd quarter in a row of growth Bars: net profit each quarter, ₹ Cr (left scale). Line: growth on the same quarter a year earlier, % (right scale). Last 12 quarters. A bar is red when it is lower than the quarter before.
Net profit (quarterly)Growth on a year earlier
4270%3181%292%10.0%0−86%₹ Cr%₹3245.5%Sep 23Dec 24Jun 26
4270%3181%292%10.0%0−86%₹ Cr%₹3245.5%Sep 23Dec 24Jun 26
08 · Cash flow

Cash flow The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Over the last 3 years Transchem Ltd's operations used more cash than they brought in, so cash conversion was −45%, a gap worth watching. In FY26 its operations used ₹2.9 Cr of cash, against ₹4.3 Cr of profit. After ₹0.0 Cr of spending on assets, free cash was ₹−3.0 Cr: it spent more than its operations brought in.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

FY26: operating cash ₹−2.9 Cr against profit ₹4.3 Cr; −45% of 3 years' profit came in as cash Operating cash flow and net profit each year, ₹ Cr. The line is free cash flow: operating cash minus spending on assets. 11-year window, yearly figures.
Operating cashNet profitFree cash
4220−2−23−45₹ Cr₹−3₹4₹−3FY16FY21FY26
4220−2−23−45₹ Cr₹−3₹4₹−3FY16FY21FY26
FY26: operating cash was −67% of profit (−45% over three years) Operating cash as a share of net profit, each year, % (line). Dashed line = 100%, meaning all of the profit came in as cash; unusual years are drawn at the edge.
Conversion100%
399%40%−318%−676%−1,035%%−67%FY16FY21FY26
399%40%−318%−676%−1,035%%−67%FY16FY21FY26

🚨 Why −45% of profit came in as cash: the cash cycle got 887 days longer between FY21 and FY25, so more of each rupee of profit waits in the business before it arrives. When less than 70% of profit comes in as cash, it is the thing to watch on this page.

What to look at next: less of the profit turns into cash than it should, and the cash cycle is 887 days longer. The next section looks at 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: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Transchem Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 376 days in FY25, up from −511 days in FY21. It spent ₹0.0 Cr on assets over the last 3 years. Customers take 376 days to pay, and stock sits for 0 days on average.

FY25: a 376-day cash cycle, +887 days compared with FY21 Debtor days, inventory days, payable days and the full cash cycle, each year. 6-year window.
Cash cycleInventory daysDebtor daysPayable days
38,67228,15117,6307,108−3,413days376d0d376d0dFY16FY17FY21FY22FY25
38,67228,15117,6307,108−3,413days376d0d376d0dFY16FY21FY25

Spending on assets: ₹0.0 Cr over the last 3 years. Work still in progress is ₹0.0 Cr (FY26): assets paid for that are not earning yet.

FY26: capex ₹0.0 Cr, work in progress ₹0.0 Cr, steady spending Capital spending each year, ₹ Cr (bars); work in progress, ₹ Cr (line). Quarterly capital-spending figures are not available for India, so this is yearly.
CapexWork-in-progress
0.2−0.6−1.5−2.4−3.2₹ Cr₹0₹0FY16FY18FY21FY23FY26
0.2−0.6−1.5−2.4−3.2₹ Cr₹0₹0FY16FY21FY26

In short: cash is getting stuck in the daily cycle, so watch the cycle more than the profit.

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, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

Transchem Ltd earned a ROCE of 7% in FY26. That is up from a low of −1% in FY18. We cannot compare its return on capital used with its cost of capital from the data we have. It comes from a 198.9% net margin and 0.03× asset turnover (sales divided by assets).

Why the return is what it is (FY25): a 198.9% net margin × 0.03× asset turnover × 1.01× leverage (assets divided by equity) ≈ 6.0% on equity. The margin does most of the work; borrowing plays a small part, so this return is earned, not borrowed.

FY26: ROCE 7%, the climb back from FY18's −1% Return on capital employed each year, % (line). 12-year window, low years included. Dashed line = the 12.0% cost of capital used on this page.
ROCECost of capital
13%9.2%5.3%1.4%−2.5%%6.9%FY15FY17FY20FY23FY26
13%9.2%5.3%1.4%−2.5%%6.9%FY15FY20FY26
11 · Debt

Debt Debt-to-equity shows how much of the business is paid for with borrowed money. Interest cover shows how many times operating profit pays the interest bill. Low debt and high cover are the safe combination.

Transchem Ltd had ₹0.0 Cr of borrowings against ₹83.6 Cr of equity in FY26, so its debt is 0.00× its equity. Over 5 years borrowings went from ₹0.0 Cr to ₹0.0 Cr. Over the last 3 of those years it spent ₹0.0 Cr on assets.

The spending on assets is being paid for from cash, not new debt.

FY26: borrowings ₹0.0 Cr, 0.00× equity, debt falling while the business grows Borrowings each year, ₹ Cr (bars); debt-to-equity, × (line). 12-year window. Quarterly balance-sheet figures are not available for India, so this is yearly.
BorrowingsDebt-to-equity
1.21.2×0.60.6×0.00.0×−0.6−0.6×−1.2−1.2×₹ Cr×₹00.00×FY15FY17FY20FY23FY26
1.21.2×0.60.6×0.00.0×−0.6−0.6×−1.2−1.2×₹ Cr×₹00.00×FY15FY20FY26
12 · Ownership

Ownership Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

Promoters raised their stake in Transchem Ltd by 4.8 percentage points over 8 quarters, the biggest change among its owners. Promoters now own 56.5% of the company. Foreign institutions moved +0.0 points over the same period, to 0.0%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Why the owners changed: promoters drove it (+4.8 points). They raised their stake step by step.

Year ends: promoters +4.8 points from Mar 24 to Mar 26 Shareholding at each year end (March quarter), % of the company. 3 year ends on file.
PromotersForeign inst.Domestic inst.Public
61%45%28%12%−4.5%%56.5%0.0%0.0%43.5%Mar 24Mar 25Mar 26
61%45%28%12%−4.5%%56.5%0.0%0.0%43.5%Mar 24Mar 25Mar 26
Promoters raised their stake by 4.8 points over 8 quarters Shareholding by owner group, % of the company, each quarter, last 13 quarters.
PromotersForeign inst.Domestic inst.Public
61%45%28%12%−4.5%%56.5%0.0%0.0%43.5%Sep 23Mar 25Sep 26
61%45%28%12%−4.5%%56.5%0.0%0.0%43.5%Sep 23Mar 25Sep 26
13 · Balance-sheet safety

Balance-sheet safety The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

For Transchem Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

14 · Related companies · Trading
CompanyScorePrice stageGrowth & earnings/35Capital efficiency/25Valuation/20Relative strength/20
1Shankara Buildpro LtdBUILDPRO 66.5/100Favorable setup69% evidence ASLEEP 23.9/35 Revenue 26.3% · PAT 41.9% · OPM change -0.2 pp 88% evidence 17.3/25 ROCE 39% · OPM 3.2% 100% evidence 15.3/20 P/E 21.8× · PEG 0.48 65% evidence 10.0/20 RS sector — · RS bench — · 1Y —3 of 12 weeks ahead 0% evidence
Exact sum: 23.9 + 17.3 + 15.3 + 10 = 66.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
2Nupur Recyclers LtdNRL 65.2/100Favorable setup83% evidence LEADER 21.1/35 Revenue 40.6% · PAT 29.8% · OPM change 3.6 pp 83% evidence 16.4/25 ROCE 15.1% · OPM 11.6% 95% evidence 7.9/20 P/E 68× · PEG — 50% evidence 19.8/20 RS sector 81.1% · RS bench 113.7% · 1Y 123%12 of 12 weeks ahead 100% evidence
Exact sum: 21.1 + 16.4 + 7.9 + 19.8 = 65.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
3Mangalam Global Enterprise LtdMGEL 63.0/100Mixed-positive evidence76% evidence ASLEEP 24.1/35 Revenue 41.4% · PAT 100% · OPM change 0.5 pp 83% evidence 15.6/25 ROCE 17% · OPM 1.9% 95% evidence 10.8/20 P/E 15.2× · PEG — 15% evidence 12.5/20 RS sector -2% · RS bench 18.8% · 1Y -6.3%4 of 12 weeks ahead 100% evidence
Exact sum: 24.1 + 15.6 + 10.8 + 12.5 = 63 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
4Rashi Peripherals LtdRPTECH 62.9/100Mixed-positive evidence71% evidence LEADER 23.4/35 Revenue 40.4% · PAT 50.2% · OPM change -0.3 pp 83% evidence 14.4/25 ROCE 17% · OPM 3% 76% evidence 10.7/20 P/E 18× · PEG — 15% evidence 14.4/20 RS sector 49.5% · RS bench 75.6% · 1Y 154.9%12 of 12 weeks ahead 100% evidence
Exact sum: 23.4 + 14.4 + 10.7 + 14.4 = 62.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
5Bhatia Communications & Retail (India) Ltd540956 59.6/100Mixed-positive evidence63% evidence 21.7/35 Revenue 49% · PAT 45.5% · OPM change 0.3 pp 83% evidence 16.7/25 ROCE 21.3% · OPM 5.3% 76% evidence 9.3/20 P/E 27.1× · PEG — 50% evidence 11.9/20 RS sector — · RS bench 60% · 1Y — 25% evidence
Exact sum: 21.7 + 16.7 + 9.3 + 11.9 = 59.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
6Pramara Promotions LtdPRAMARA 59.5/100Thin evidence · provisional54% evidence 20.4/35 Revenue 72.7% · PAT 100% · OPM change 1 pp 36% evidence 13.6/25 ROCE 15% · OPM 14.6% 71% evidence 14.4/20 P/E 14.2× · PEG — 50% evidence 11.1/20 RS sector 7.9% · RS bench -60.1% · 1Y -65.4%10 of 12 weeks ahead 70% evidence
Exact sum: 20.4 + 13.6 + 14.4 + 11.1 = 59.5 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
7Tembo Global Industries LtdTEMBO 59.0/100Mixed-positive evidence76% evidence BREAKING OUT 21.1/35 Revenue 34% · PAT 55.7% · OPM change 5 pp 83% evidence 18.3/25 ROCE 22.8% · OPM 16% 95% evidence 11.2/20 P/E 10.7× · PEG — 15% evidence 8.4/20 RS sector -20% · RS bench -2% · 1Y -4.5%2 of 12 weeks ahead 100% evidence
Exact sum: 21.1 + 18.3 + 11.2 + 8.4 = 59 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
8Ivalue Infosolutions LtdIVALUE 58.2/100Mixed-positive evidence61% evidence ASLEEP 19.8/35 Revenue 5.4% · PAT 22.1% · OPM change 5.6 pp 83% evidence 18.6/25 ROCE 25.4% · OPM 10% 95% evidence 11.1/20 P/E 11.6× · PEG — 15% evidence 8.7/20 RS sector — · RS bench -4.6% · 1Y -22%4 of 12 weeks ahead 25% evidence
Exact sum: 19.8 + 18.6 + 11.1 + 8.7 = 58.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
9Arisinfra Solutions LtdARIS 57.2/100Mixed-positive evidence61% evidence BREAKING OUT 21.0/35 Revenue 45.3% · PAT 100% · OPM change 2 pp 83% evidence 14.6/25 ROCE 15.6% · OPM 11% 95% evidence 10.7/20 P/E 17.9× · PEG — 15% evidence 10.9/20 RS sector — · RS bench 16.8% · 1Y -15.4%8 of 12 weeks ahead 25% evidence
Exact sum: 21 + 14.6 + 10.7 + 10.9 = 57.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
10Euro Pratik Sales LtdEUROPRATIK 56.7/100Mixed-positive evidence74% evidence ASLEEP 15.1/35 Revenue 23.9% · PAT 29% · OPM change -8 pp 88% evidence 19.4/25 ROCE 36.9% · OPM 26% 100% evidence 14.3/20 P/E 21.8× · PEG 0.62 65% evidence 7.9/20 RS sector — · RS bench -31.3% · 1Y -32.8%4 of 12 weeks ahead 25% evidence
Exact sum: 15.1 + 19.4 + 14.3 + 7.9 = 56.7 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far.
11Sudarshan Pharma Industries Ltd543828 53.7/100Mixed-positive evidence78% evidence FADING 19.9/35 Revenue 32.9% · PAT 24.3% · OPM change 1.5 pp 83% evidence 13.4/25 ROCE 15.1% · OPM 9.1% 76% evidence 8.3/20 P/E 36.2× · PEG — 50% evidence 12.1/20 RS sector 7.4% · RS bench 28.7% · 1Y 29.6%9 of 12 weeks ahead 100% evidence
Exact sum: 19.9 + 13.4 + 8.3 + 12.1 = 53.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
12Patel Retail LtdPATELRMART 53.5/100Mixed-positive evidence61% evidence TURNING 17.6/35 Revenue 42.3% · PAT 59.7% · OPM change -2.2 pp 83% evidence 14.2/25 ROCE 15.6% · OPM 6.1% 95% evidence 10.6/20 P/E 19× · PEG — 15% evidence 11.1/20 RS sector — · RS bench 21.6% · 1Y 5.2%4 of 12 weeks ahead 25% evidence
Exact sum: 17.6 + 14.2 + 10.6 + 11.1 = 53.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
13Prostarm Info Systems LtdPROSTARM 51.0/100Mixed-positive evidence61% evidence TURNING 16.6/35 Revenue 30.5% · PAT 19.1% · OPM change 1.4 pp 83% evidence 15.7/25 ROCE 18% · OPM 8.5% 95% evidence 10.3/20 P/E 21.9× · PEG — 15% evidence 8.4/20 RS sector — · RS bench -9.6% · 1Y -35%2 of 12 weeks ahead 25% evidence
Exact sum: 16.6 + 15.7 + 10.3 + 8.4 = 51 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
14Transchem Ltdthis pageTRANSCHEM 50.5/100Thin evidence · provisional52% evidence 18.6/35 Revenue -80% · PAT 47.7% · OPM change 89.9 pp 83% evidence 10.4/25 ROCE 6.9% · OPM — 61% evidence 9.3/20 P/E 75.5× · PEG — 15% evidence 12.2/20 RS sector — · RS bench 97.4% · 1Y — 25% evidence
Exact sum: 18.6 + 10.4 + 9.3 + 12.2 = 50.5 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
15BMW Ventures LtdBMW 49.4/100Thin evidence · provisional51% evidence 16.6/35 Revenue 18.5% · PAT 24.2% · OPM change -0.6 pp 83% evidence 11.8/25 ROCE 12% · OPM 3.4% 76% evidence 11.0/20 P/E 12.2× · PEG — 15% evidence 10.0/20 RS sector — · RS bench — · 1Y -5.5%0 of 10 weeks ahead to 2026-08-23 0% evidence
Exact sum: 16.6 + 11.8 + 11 + 10 = 49.4 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
16Lloyds Enterprises LtdLLOYDSENT 49.0/100Mixed-negative evidence71% evidence FADING 17.7/35 Revenue 33% · PAT -21.4% · OPM change 9 pp 83% evidence 11.1/25 ROCE 3.7% · OPM 16% 76% evidence 9.1/20 P/E 94.4× · PEG — 15% evidence 11.1/20 RS sector -1.6% · RS bench 18.8% · 1Y 4.9%8 of 12 weeks ahead 100% evidence
Exact sum: 17.7 + 11.1 + 9.1 + 11.1 = 49 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
17Fabtech Technologies LtdFABTECH 49.0/100Thin evidence · provisional53% evidence ASLEEP 17.5/35 Revenue 14.2% · PAT 41% · OPM change 14.8 pp 62% evidence 12.3/25 ROCE 13.9% · OPM 5.7% 95% evidence 11.0/20 P/E 11.9× · PEG — 15% evidence 8.2/20 RS sector — · RS bench -17.2% · 1Y -31.6%0 of 12 weeks ahead 25% evidence
Exact sum: 17.5 + 12.3 + 11 + 8.2 = 49 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
18Yogi LtdYOGI 48.6/100Thin evidence · provisional58% evidence ASLEEP 20.0/35 Revenue 97.5% · PAT 68.1% · OPM change -5.9 pp 62% evidence 9.8/25 ROCE 12.6% · OPM 2.6% 76% evidence 9.5/20 P/E 55.1× · PEG — 15% evidence 9.3/20 RS sector -6.5% · RS bench 3.3% · 1Y -8.3%0 of 2 weeks ahead 70% evidence
Exact sum: 20 + 9.8 + 9.5 + 9.3 = 48.6 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
19Shiv Aum Steels LtdSHIVAUM 48.2/100Thin evidence · provisional55% evidence BREAKING OUT 18.5/35 Revenue — · PAT — · OPM change 1.3 pp 45% evidence 11.1/25 ROCE 7.3% · OPM 4.7% 95% evidence 6.7/20 P/E 80.3× · PEG — 50% evidence 11.9/20 RS sector — · RS bench 62.9% · 1Y —10 of 10 weeks ahead 25% evidence
Exact sum: 18.5 + 11.1 + 6.7 + 11.9 = 48.2 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
20SG Mart LtdSGMART 48.0/100Mixed-negative evidence89% evidence LEADER 14.1/35 Revenue 10.4% · PAT 14.7% · OPM change 1.4 pp 88% evidence 8.5/25 ROCE 10.2% · OPM 4.5% 100% evidence 7.6/20 P/E 80.9× · PEG 1.92 65% evidence 17.8/20 RS sector 29.9% · RS bench 54.2% · 1Y 123.9%12 of 12 weeks ahead 100% evidence
Exact sum: 14.1 + 8.5 + 7.6 + 17.8 = 48 · What this means: The share price is ahead of the results: relative strength against the index is 54.2%, but earnings are weak. Revenue and profit have not confirmed the move yet.
21Dhunseri Ventures LtdDVL 46.9/100Mixed-negative evidence83% evidence BREAKING OUT 12.9/35 Revenue -20% · PAT 31.7% · OPM change -12 pp 83% evidence 9.1/25 ROCE 6.7% · OPM 39% 95% evidence 12.5/20 P/E 5.3× · PEG — 50% evidence 12.4/20 RS sector -8.3% · RS bench 12.3% · 1Y -20.8%9 of 12 weeks ahead 100% evidence
Exact sum: 12.9 + 9.1 + 12.5 + 12.4 = 46.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
22State Trading Corporation of India LtdSTCINDIA 45.9/100Thin evidence · provisional54% evidence ASLEEP 22.1/35 Revenue — · PAT 100% · OPM change — 50% evidence 7.6/25 ROCE 7.6% · OPM — 80% evidence 10.8/20 P/E 15.3× · PEG — 15% evidence 5.4/20 RS sector -28.7% · RS bench -9.1% · 1Y -25.2%0 of 12 weeks ahead 70% evidence
Exact sum: 22.1 + 7.6 + 10.8 + 5.4 = 45.9 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
23Onix Solar Energy LtdONIXSOLAR 44.2/100Mixed-negative evidence61% evidence ASLEEP 12.7/35 Revenue -3.1% · PAT 100% · OPM change 8.3 pp 71% evidence 9.2/25 ROCE 11.3% · OPM 6.9% 76% evidence 9.7/20 P/E 41.2× · PEG — 15% evidence 12.6/20 RS sector 68.4% · RS bench -14.9% · 1Y 42.6%0 of 2 weeks ahead 70% evidence
Exact sum: 12.7 + 9.2 + 9.7 + 12.6 = 44.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
24Hexa Tradex LtdHEXATRADEX 43.7/100Mixed-negative evidence62% evidence TURNING 17.3/35 Revenue 0.4% · PAT 70.3% · OPM change 13.6 pp 62% evidence 6.1/25 ROCE -0.1% · OPM — 80% evidence 10.0/20 P/E — · PEG — 0% evidence 10.3/20 RS sector -16.6% · RS bench 2.1% · 1Y -10.2%0 of 12 weeks ahead 100% evidence
Exact sum: 17.3 + 6.1 + 10 + 10.3 = 43.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
25MMTC LtdMMTC 41.4/100Mixed-negative evidence92% evidence ASLEEP 15.7/35 Revenue 0% · PAT 100% · OPM change -1270 pp 88% evidence 7.8/25 ROCE 8.7% · OPM — 84% evidence 14.3/20 P/E 42.1× · PEG 0.91 100% evidence 3.6/20 RS sector -24.8% · RS bench -8.1% · 1Y -22.2%0 of 12 weeks ahead 100% evidence
Exact sum: 15.7 + 7.8 + 14.3 + 3.6 = 41.4 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far.
26RRP Semiconductor LtdRRP 41.4/100Thin evidence · provisional51% evidence 12.0/35 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 13.9/20 RS sector 65.3% · RS bench 0.8% · 1Y 3.5%0 of 1 week ahead to 2026-08-23 70% evidence
Exact sum: 12 + 5.5 + 10 + 13.9 = 41.4 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
27Cropster Agro Ltd523105 41.2/100Mixed-negative evidence65% evidence ASLEEP 15.4/35 Revenue 28.4% · PAT 6.5% · OPM change 1.7 pp 83% evidence 11.4/25 ROCE 12.4% · OPM 9.8% 76% evidence 11.2/20 P/E 10× · PEG — 15% evidence 3.2/20 RS sector -72.7% · RS bench -77% · 1Y -90.3%0 of 6 weeks ahead 70% evidence
Exact sum: 15.4 + 11.4 + 11.2 + 3.2 = 41.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
28Hardwyn India LtdHARDWYN 40.5/100Mixed-negative evidence83% evidence ASLEEP 14.0/35 Revenue 2.6% · PAT -8.5% · OPM change -0.2 pp 83% evidence 12.2/25 ROCE 4.8% · OPM 13% 95% evidence 12.5/20 P/E 50.3× · PEG — 50% evidence 1.8/20 RS sector -39.5% · RS bench -26.2% · 1Y -5.4%0 of 12 weeks ahead 100% evidence
Exact sum: 14 + 12.2 + 12.5 + 1.8 = 40.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
29Le Merite Exports LtdLEMERITE 39.6/100Thin evidence · provisional57% evidence 18.0/35 Revenue — · PAT — · OPM change -15.5 pp 45% evidence 6.5/25 ROCE 9.9% · OPM -10.7% 95% evidence 9.1/20 P/E 94.5× · PEG — 15% evidence 6.0/20 RS sector -9% · RS bench -68.5% · 1Y -95.5%0 of 2 weeks ahead 70% evidence
Exact sum: 18 + 6.5 + 9.1 + 6 = 39.6 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
30Blue Pearl Agriventures LtdBPAGRI 39.0/100Mixed-negative evidence65% evidence 19.9/35 Revenue 19.3% · PAT 59.1% · OPM change 0.3 pp 83% evidence 6.1/25 ROCE 2.2% · OPM 3.3% 76% evidence 8.7/20 P/E 514× · PEG — 15% evidence 4.3/20 RS sector -33.5% · RS bench -82.5% · 1Y -90.2%1 of 12 weeks ahead to 2026-08-23 70% evidence
Exact sum: 19.9 + 6.1 + 8.7 + 4.3 = 39 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
31Riddhi Siddhi Gluco Biols Ltd524480 38.2/100Mixed-negative evidence78% evidence TURNING 12.7/35 Revenue -38% · PAT 38.4% · OPM change -2.8 pp 83% evidence 6.3/25 ROCE 2.7% · OPM -3% 76% evidence 6.4/20 P/E 36× · PEG — 50% evidence 12.8/20 RS sector 4.4% · RS bench 25.1% · 1Y 30.7%7 of 12 weeks ahead 100% evidence
Exact sum: 12.7 + 6.3 + 6.4 + 12.8 = 38.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
32Neueon Corporation LtdNEUEON 38.0/100Thin evidence · provisional56% evidence ASLEEP 10.2/35 Revenue 17.8% · PAT -80% · OPM change -1039 pp 62% evidence 3.8/25 ROCE -40.4% · OPM — 80% evidence 10.0/20 P/E — · PEG — 0% evidence 14.0/20 RS sector 12.7% · RS bench 3.8% · 1Y —0 of 12 weeks ahead 70% evidence
Exact sum: 10.2 + 3.8 + 10 + 14 = 38 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
33PTC India LtdPTC 37.3/100Mixed-negative evidence78% evidence BASING 12.0/35 Revenue 13.3% · PAT -43.1% · OPM change -3.9 pp 83% evidence 12.4/25 ROCE 13.4% · OPM 3.1% 76% evidence 9.3/20 P/E 8.7× · PEG — 50% evidence 3.6/20 RS sector -24.9% · RS bench -8.4% · 1Y -10.1%0 of 12 weeks ahead 100% evidence
Exact sum: 12 + 12.4 + 9.3 + 3.6 = 37.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
34Kothari Industrial Corporation LtdKOTIC 35.1/100Thin evidence · provisional59% evidence BASING 18.5/35 Revenue 75.9% · PAT -80% · OPM change -41.8 pp 62% evidence 2.5/25 ROCE -11.4% · OPM -43% 95% evidence 10.0/20 P/E — · PEG — 0% evidence 4.1/20 RS sector -58.6% · RS bench -20% · 1Y -66%0 of 12 weeks ahead 70% evidence
Exact sum: 18.5 + 2.5 + 10 + 4.1 = 35.1 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
35Adani Enterprises LtdADANIENT 32.7/100Adverse evidence89% evidence FADING 14.2/35 Revenue 18.1% · PAT 4.2% · OPM change 0 pp 88% evidence 8.1/25 ROCE 5.8% · OPM 15% 100% evidence 4.0/20 P/E 153× · PEG 3.73 65% evidence 6.4/20 RS sector -8.7% · RS bench 9.9% · 1Y 6.5%6 of 12 weeks ahead 100% evidence
Exact sum: 14.2 + 8.1 + 4 + 6.4 = 32.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
36Shanti Overseas (India) LtdSHANTI 32.4/100Thin evidence · provisional53% evidence 12.3/35 Revenue -63.4% · PAT 100% · OPM change -200.5 pp 33% evidence 4.4/25 ROCE -25.2% · OPM -216.5% 71% evidence 12.1/20 P/E 3× · PEG — 50% evidence 3.6/20 RS sector -60.4% · RS bench -49.7% · 1Y -52.8%0 of 12 weeks ahead to 2026-03-29 70% evidence
Exact sum: 12.3 + 4.4 + 12.1 + 3.6 = 32.4 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
37BN Agrochem LtdBNAGROCHEM 32.2/100Adverse evidence73% evidence ASLEEP 13.3/35 Revenue 84.5% · PAT -61% · OPM change -9.4 pp 88% evidence 4.0/25 ROCE 4.4% · OPM 2.3% 100% evidence 9.0/20 P/E 95.3× · PEG — 15% evidence 5.9/20 RS sector -16.7% · RS bench -34.5% · 1Y -55.2%2 of 12 weeks ahead 70% evidence
Exact sum: 13.3 + 4 + 9 + 5.9 = 32.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
38Uniphos Enterprises LtdUNIENTER 31.9/100Adverse evidence66% evidence ASLEEP 13.0/35 Revenue -77.1% · PAT 100% · OPM change -0.9 pp 62% evidence 4.3/25 ROCE 0.8% · OPM — 80% evidence 10.1/20 P/E 30× · PEG — 50% evidence 4.5/20 RS sector -43.6% · RS bench -19% · 1Y -41.1%0 of 12 weeks ahead 70% evidence
Exact sum: 13 + 4.3 + 10.1 + 4.5 = 31.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
39Oswal Agro Mills LtdOSWALAGRO 26.3/100Adverse evidence63% evidence 4.7/35 Revenue -80% · PAT -80% · OPM change -21782.3 pp 83% evidence 7.5/25 ROCE 2% · OPM — 80% evidence 10.0/20 P/E — · PEG — 0% evidence 4.1/20 RS sector -50.3% · RS bench -30.3% · 1Y -52.8%0 of 10 weeks ahead 70% evidence
Exact sum: 4.7 + 7.5 + 10 + 4.1 = 26.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
40Maxgrow India Ltd521167 63.4/100Thin evidence · provisional49% evidence 23.8/35 Revenue 100% · PAT 100% · OPM change 0.8 pp 62% evidence 15.6/25 ROCE 23.5% · OPM 2.7% 76% evidence 11.5/20 P/E 1.4× · PEG — 15% evidence 12.5/20 RS sector — · RS bench 183.1% · 1Y — 25% evidence
Exact sum: 23.8 + 15.6 + 11.5 + 12.5 = 63.4 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
41Magnus Steel & Infra Ltd517320 61.8/100Thin evidence · provisional41% evidence 23.9/35 Revenue 100% · PAT 100% · OPM change 1.6 pp 53% evidence 17.0/25 ROCE 171% · OPM 21.3% 57% evidence 9.2/20 P/E 92.5× · PEG — 15% evidence 11.7/20 RS sector — · RS bench 46.1% · 1Y 614.3%11 of 12 weeks ahead to 2026-06-28 25% evidence
Exact sum: 23.9 + 17 + 9.2 + 11.7 = 61.8 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
42Vision Infra Equipment Solutions LtdVIESL 61.5/100Thin evidence · provisional46% evidence BREAKING OUT 18.2/35 Revenue — · PAT — · OPM change 0 pp 15% evidence 17.9/25 ROCE 22.6% · OPM 26% 71% evidence 11.0/20 P/E 12.2× · PEG — 15% evidence 14.4/20 RS sector 6.5% · RS bench 28.1% · 1Y 65%9 of 12 weeks ahead 100% evidence
Exact sum: 18.2 + 17.9 + 11 + 14.4 = 61.5 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
43Susan Electricals India Ltd544793 59.2/100Thin evidence · provisional31% evidence TURNING 20.6/35 Revenue — · PAT — · OPM change 7.8 pp 26% evidence 18.2/25 ROCE 37% · OPM 11.9% 76% evidence 10.4/20 P/E 21.2× · PEG — 15% evidence 10.0/20 RS sector — · RS bench — · 1Y —2 of 2 weeks ahead 0% evidence
Exact sum: 20.6 + 18.2 + 10.4 + 10 = 59.2 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
44SK Minerals & Additives Ltd544584 57.7/100Thin evidence · provisional38% evidence BREAKING OUT 16.7/35 Revenue — · PAT — · OPM change 1.3 pp 32% evidence 19.0/25 ROCE 26.2% · OPM 10.7% 76% evidence 10.0/20 P/E 26.1× · PEG — 15% evidence 12.0/20 RS sector — · RS bench 68% · 1Y —7 of 8 weeks ahead 25% evidence
Exact sum: 16.7 + 19 + 10 + 12 = 57.7 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
45DC Infotech & Communication LtdDCI 57.3/100Thin evidence · provisional35% evidence TURNING 18.3/35 Revenue — · PAT — · OPM change 0.3 pp 24% evidence 17.5/25 ROCE 22.9% · OPM 4.7% 76% evidence 10.2/20 P/E 25.2× · PEG — 15% evidence 11.3/20 RS sector — · RS bench 27.1% · 1Y —3 of 3 weeks ahead 25% evidence
Exact sum: 18.3 + 17.5 + 10.2 + 11.3 = 57.3 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
46Mardia Samyoung Capillary Tubes Company LtdMSCTC 56.2/100Thin evidence · provisional31% evidence 20.3/35 Revenue 100% · PAT 100% · OPM change — 24% evidence 15.3/25 ROCE 22.6% · OPM 15.3% 57% evidence 8.6/20 P/E 687× · PEG — 15% evidence 12.0/20 RS sector — · RS bench 74.6% · 1Y 20.7%6 of 12 weeks ahead to 2026-03-08 25% evidence
Exact sum: 20.3 + 15.3 + 8.6 + 12 = 56.2 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
47Q-Line Biotech LtdQLINE 55.9/100Thin evidence · provisional24% evidence BREAKING OUT 17.9/35 Revenue — · PAT — · OPM change 10 pp 10% evidence 17.9/25 ROCE 22.4% · OPM 31% 71% evidence 10.1/20 P/E 25.9× · PEG — 15% evidence 10.0/20 RS sector — · RS bench — · 1Y —5 of 5 weeks ahead 0% evidence
Exact sum: 17.9 + 17.9 + 10.1 + 10 = 55.9 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
48Singer India LtdSINGERIND 55.6/100Thin evidence · provisional49% evidence 24.9/35 Revenue 43.5% · PAT 100% · OPM change 6.5 pp 62% evidence 9.9/25 ROCE 10.9% · OPM 2.5% 76% evidence 10.1/20 P/E 25.9× · PEG — 15% evidence 10.7/20 RS sector — · RS bench 9.7% · 1Y — 25% evidence
Exact sum: 24.9 + 9.9 + 10.1 + 10.7 = 55.6 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
49Aptus Pharma Ltd544529 55.6/100Thin evidence · provisional27% evidence 16.2/35 Revenue — · PAT — · OPM change -5.4 pp 15% evidence 18.1/25 ROCE 30% · OPM 14% 57% evidence 8.9/20 P/E 175× · PEG — 15% evidence 12.4/20 RS sector — · RS bench 157.3% · 1Y — 25% evidence
Exact sum: 16.2 + 18.1 + 8.9 + 12.4 = 55.6 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
50HP Telecom India LtdHPTL 55.5/100Thin evidence · provisional27% evidence 18.6/35 Revenue — · PAT — · OPM change 0.1 pp 15% evidence 14.6/25 ROCE 19.9% · OPM 1.8% 57% evidence 10.5/20 P/E 19.6× · PEG — 15% evidence 11.8/20 RS sector — · RS bench 56.2% · 1Y — 25% evidence
Exact sum: 18.6 + 14.6 + 10.5 + 11.8 = 55.5 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
51Arvaya Healthcare LtdARVAYA 54.5/100Thin evidence · provisional19% evidence 18.5/35 Revenue — · PAT — · OPM change 46.1 pp 10% evidence 12.3/25 ROCE — · OPM 13% 30% evidence 11.4/20 P/E 3.9× · PEG — 15% evidence 12.3/20 RS sector — · RS bench 104.2% · 1Y — 25% evidence
Exact sum: 18.5 + 12.3 + 11.4 + 12.3 = 54.5 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
52Aayush Art and Bullion Ltd540718 54.4/100Thin evidence · provisional44% evidence BREAKING OUT 19.5/35 Revenue 100% · PAT — · OPM change 1.6 pp 20% evidence 12.8/25 ROCE 18.9% · OPM 6% 57% evidence 8.8/20 P/E 255× · PEG — 15% evidence 13.3/20 RS sector -2.8% · RS bench 18% · 1Y 27.6%7 of 12 weeks ahead 100% evidence
Exact sum: 19.5 + 12.8 + 8.8 + 13.3 = 54.4 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
53Proventus Agrocom LtdPROV 54.2/100Thin evidence · provisional38% evidence BREAKING OUT 18.7/35 Revenue — · PAT — · OPM change 0.2 pp 15% evidence 12.5/25 ROCE 11.5% · OPM 1.8% 71% evidence 11.4/20 P/E 48.3× · PEG — 50% evidence 11.6/20 RS sector — · RS bench 41.6% · 1Y —12 of 12 weeks ahead 25% evidence
Exact sum: 18.7 + 12.5 + 11.4 + 11.6 = 54.2 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
54Monika Alcobev LtdMONIKA 54.2/100Thin evidence · provisional21% evidence 16.8/35 Revenue — · PAT — · OPM change -2 pp 10% evidence 16.9/25 ROCE 21% · OPM 15% 57% evidence 10.5/20 P/E 20.4× · PEG — 15% evidence 10.0/20 RS sector — · RS bench — · 1Y -14.3%0 of 12 weeks ahead to 2026-03-08 0% evidence
Exact sum: 16.8 + 16.9 + 10.5 + 10 = 54.2 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
55Shah Foods Ltd519031 53.4/100Thin evidence · provisional18% evidence BREAKING OUT 17.1/35 Revenue — · PAT — · OPM change -10.7 pp 7% evidence 15.4/25 ROCE — · OPM 18% 30% evidence 8.8/20 P/E 238× · PEG — 15% evidence 12.1/20 RS sector — · RS bench 76.1% · 1Y —8 of 8 weeks ahead 25% evidence
Exact sum: 17.1 + 15.4 + 8.8 + 12.1 = 53.4 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
56Manbro Industries Ltd512595 50.9/100Thin evidence · provisional22% evidence 18.3/35 Revenue — · PAT — · OPM change 32.8 pp 5% evidence 13.2/25 ROCE — · OPM 6.6% 23% evidence 10.0/20 P/E — · PEG — 0% evidence 9.4/20 RS sector -17.3% · RS bench 37.2% · 1Y 85.4%12 of 12 weeks ahead to 2026-05-03 70% evidence
Exact sum: 18.3 + 13.2 + 10 + 9.4 = 50.9 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
57Pervasive Commodities Ltd517172 50.8/100Thin evidence · provisional48% evidence TURNING 16.6/35 Revenue 25.6% · PAT -8.3% · OPM change -6.1 pp 83% evidence 14.2/25 ROCE 22.1% · OPM -10.2% 76% evidence 10.0/20 P/E — · PEG — 0% evidence 10.0/20 RS sector — · RS bench — · 1Y —4 of 4 weeks ahead 0% evidence
Exact sum: 16.6 + 14.2 + 10 + 10 = 50.8 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
58Bizotic Commercial Ltd543926 49.7/100Thin evidence · provisional49% evidence TURNING 18.7/35 Revenue — · PAT — · OPM change 0 pp 15% evidence 17.1/25 ROCE 26.8% · OPM 8% 57% evidence 9.2/20 P/E 32.1× · PEG — 50% evidence 4.7/20 RS sector -85.9% · RS bench -12.8% · 1Y -80.9%2 of 12 weeks ahead 100% evidence
Exact sum: 18.7 + 17.1 + 9.2 + 4.7 = 49.7 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
59Satani Bearings Ltd505703 44.4/100Thin evidence · provisional37% evidence BREAKING OUT 20.1/35 Revenue — · PAT 100% · OPM change — 29% evidence 4.5/25 ROCE 1% · OPM -3.7% 76% evidence 8.6/20 P/E 5273× · PEG — 15% evidence 11.2/20 RS sector — · RS bench 24.3% · 1Y 167.1%5 of 12 weeks ahead 25% evidence
Exact sum: 20.1 + 4.5 + 8.6 + 11.2 = 44.4 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
60Keto Motors Ltd537392 43.3/100Thin evidence · provisional37% evidence ASLEEP 16.4/35 Revenue — · PAT 100% · OPM change — 29% evidence 6.0/25 ROCE -0.3% · OPM 10.7% 76% evidence 8.5/20 P/E 5690× · PEG — 15% evidence 12.4/20 RS sector — · RS bench 162.7% · 1Y —7 of 8 weeks ahead 25% evidence
Exact sum: 16.4 + 6 + 8.5 + 12.4 = 43.3 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
61A-1 LtdA1L 41.2/100Thin evidence · provisional47% evidence 16.3/35 Revenue 8.3% · PAT -30.6% · OPM change -0.9 pp 45% evidence 10.5/25 ROCE 10.6% · OPM 2.9% 57% evidence 8.7/20 P/E 383× · PEG — 15% evidence 5.7/20 RS sector -24.5% · RS bench -16% · 1Y -16.2%6 of 12 weeks ahead to 2026-03-08 70% evidence
Exact sum: 16.3 + 10.5 + 8.7 + 5.7 = 41.2 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
62Aerpace Industries Ltd534733 40.7/100Thin evidence · provisional30% evidence TURNING 13.6/35 Revenue — · PAT -80% · OPM change — 29% evidence 5.5/25 ROCE -21.5% · OPM — 61% evidence 10.0/20 P/E — · PEG — 0% evidence 11.6/20 RS sector — · RS bench 43.1% · 1Y —2 of 2 weeks ahead 25% evidence
Exact sum: 13.6 + 5.5 + 10 + 11.6 = 40.7 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
63Prabhatam Infra Venture LtdPRABHATAM 39.4/100Thin evidence · provisional22% evidence 16.3/35 Revenue — · PAT -80% · OPM change — 7% evidence 3.1/25 ROCE -97.1% · OPM -23.1% 76% evidence 10.0/20 P/E — · PEG — 0% evidence 10.0/20 RS sector — · RS bench — · 1Y — 0% evidence
Exact sum: 16.3 + 3.1 + 10 + 10 = 39.4 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. 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 path the industry 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 growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; 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 Transchem Ltd's share price today?

Transchem Ltd's share price is ₹415. The whole company is worth ₹507 Cr on the market. In the last 52 weeks it traded between ₹319 to ₹415; today it is 99% of the way up from the low, 52.6% above its 200-day average. The price has been rising for 60 weeks (as of 16 October 2026).

What were Transchem Ltd's latest quarterly results?

Transchem Ltd reported revenue of ₹0.0 Cr and net profit of ₹3.4 Cr for the Jun 26 quarter. Earnings per share were ₹2.79 (as of 16 October 2026).

What is Transchem Ltd's revenue?

Transchem Ltd reported revenue of ₹0.0 Cr in the Jun 26 quarter. For the full FY26 year, revenue was ₹0.0 Cr (−100.0%) (as of 16 October 2026).

What is Transchem Ltd's profit?

Transchem Ltd earned ₹3.4 Cr of net profit in the Jun 26 quarter, +245.5% on a year earlier, the 2nd quarter in a row of growth. Full-year FY26 profit was ₹4.3 Cr (as of 16 October 2026).

What is Transchem Ltd's market cap?

Transchem Ltd's market capitalisation is ₹507 Cr at a share price of ₹415. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 16 October 2026).

What is Transchem Ltd's P/E ratio?

Transchem Ltd's P/E is 75.5×, higher than 80% of its own last 10 years. Its usual level (the middle reading) is 19.6×. This compares the price with the company's own past; it is not a view on what the shares are worth (as of 16 October 2026).

Does Transchem Ltd pay a dividend?

No. Transchem Ltd paid out 0% of its profit as dividends in each of its last 12 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate (as of 16 October 2026).

How is Transchem Ltd valued against its own history?

Against its own history, Transchem Ltd's valuation is high: its P/E of 75.5× is higher than 80% of its last 10 years (usual level 19.6×). This compares the price with the company's own past; it is not a view on what the shares are worth or where the price goes next (as of 16 October 2026).

How is Transchem Ltd performing?

Transchem Ltd's share price has been rising for 60 weeks. This describes what the data did, not a rating (as of 16 October 2026).

Is Transchem Ltd in an uptrend?

Yes. The price has been rising for 60 weeks (stage 2 of 4), 52.6% above its 200-day average, and 99% of the way up its 52-week range. A share price tends to move through four phases: moving sideways, rising, stalling and falling (as of 16 October 2026).

Will Transchem Ltd's share price go up?

This page does not forecast Transchem Ltd's share price. What it shows instead: the share price is ₹415, and it has been rising for 60 weeks. Its P/E of 75.5× is higher than 80% of its own last 10 years (as of 16 October 2026).

Who owns Transchem Ltd?

Promoters own 56.5% of Transchem Ltd, foreign institutions 0.0%, domestic institutions 0.0% and the public 43.5% (latest quarter). The biggest change over the last two years: Promoters raised their stake by 4.8 percentage points over 8 quarters (as of 16 October 2026).

Does Transchem Ltd have too much debt?

No. Transchem Ltd's debt is 0.00× its equity. FY26 borrowings were ₹0.0 Cr against equity of ₹83.6 Cr. So the returns on this page come from the business, not borrowed money (as of 16 October 2026).

What is Transchem Ltd's capex?

Transchem Ltd spent ₹0.0 Cr on capital expenditure (new plants, machines and other long-term assets) over the last 3 years, worked out from the change in fixed assets plus depreciation (as of 16 October 2026).

What is Transchem Ltd's cash flow?

Transchem Ltd used ₹2.9 Cr of operating cash in FY26: more cash went out than came in (free cash flow: ₹−3.0 Cr). Operating cash was negative while the company reported a profit of ₹4.3 Cr. Indian companies report cash flow once a year (as of 16 October 2026).

Is Transchem Ltd's profit real cash?

No. Operating cash was negative over the last 3 years: Transchem Ltd used cash while reporting a profit. In FY26, operating cash was ₹−2.9 Cr against reported profit of ₹4.3 Cr. These are yearly figures (as of 16 October 2026).

Where is Transchem Ltd in its business cycle?

Transchem Ltd's FY25 operating margin was −55.5%, against a 4-year range of −511.8% to 3,860.0%: the low end of its own range, which is often where recoveries start. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 16 October 2026).

What could break the Transchem Ltd story?

Biggest thing to watch: the P/E is higher than 80% of its own history, so the multiple has already done part of the work. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 16 October 2026).

Is Transchem Ltd a stock worth studying right now?

What the numbers show: Transchem Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 16 October 2026).

Sector Alpha, written by code from the published numbers · Data as of 2026-10-16. Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions. This is research, not advice. We’re not SEBI-registered.

This is research, not advice. We’re not SEBI-registered.

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