CANSLIM & Growth
Consecutive 3-Quarter Growers (YoY >20%) is a CANSLIM & Growth screen. It checks every NSE-listed stock against 1 condition computed from nightly data, after excluding heavily pledged promoters and very small market caps. This page explains the rule, each figure and its source. It lists no stocks and is not advice.
A single quarter of strong earnings can be noise — a promotional launch, a one-time contract, a tax reversal. Three consecutive quarters of >20% YoY PAT and revenue growth cannot. This screener exists because the canonical CANSLIM C check is a snapshot: one quarter, one comparison. Companies that show up on C screens but fail the streak test are often mean-reverting off a depressed base, not genuinely accelerating. The three-quarter streak requirement also filters out industries with seasonal distortions: a Q4 beat driven by year-end provisioning reversal looks clean on a single-quarter screen but is exposed by Q1 and Q2 comparisons against the same prior-year pattern. Requiring both PAT and revenue to grow together closes the earnings-quality loophole where cost-cutting inflates profit while the underlying business is shrinking.
A stock must satisfy every condition below. Conditions are grouped under the pillar they test.
Earnings Momentum
Revenue Momentum
Described in the philosophy; not a pass/fail condition in the current rule
Hard excludes
Ranked by Market Cap, highest first.
PAT YoY Growth Q1 (Latest Quarter) %
(profitLossForPeriod_latest_qtr - profitLossFromDiscontinuedOperationsAfterTax_latest_qtr) / abs(profitLossForPeriod_same_qtr_prior_year - profitLossFromDiscontinuedOperationsAfterTax_same_qtr_prior_year) - 1, expressed as a percentage. Denominator uses absolute value to handle edge cases where prior-year PAT was negative.
High is better
PAT YoY Growth Q2 (One Quarter Prior) %
(profitLossForPeriod_q2 - profitLossFromDiscontinuedOperationsAfterTax_q2) / abs(profitLossForPeriod_same_qtr_prior_year_q2 - profitLossFromDiscontinuedOperationsAfterTax_same_qtr_prior_year_q2) - 1, expressed as a percentage. Q2 is one quarter before the latest reported quarter.
The middle quarter in the three-quarter streak. A dip here — even while Q1 and Q3 are strong — breaks the streak and disqualifies the stock. This is the filter that eliminates companies with a single weak quarter sandwiched between strong ones.
High is better
PAT YoY Growth Q3 (Two Quarters Prior) %
(profitLossForPeriod_q3 - profitLossFromDiscontinuedOperationsAfterTax_q3) / abs(profitLossForPeriod_same_qtr_prior_year_q3 - profitLossFromDiscontinuedOperationsAfterTax_same_qtr_prior_year_q3) - 1, expressed as a percentage. Q3 is two quarters before the latest reported quarter.
The oldest quarter in the streak, establishing that momentum predates the most recent reporting period. Stocks that qualify on all three PAT growth quarters have demonstrated sustained earnings acceleration over a nine-month window — long enough to cross two distinct business seasons in most Indian industries.
High is better
Revenue YoY Growth (3-Quarter Average) %
Average of the three most recent quarters' YoY revenue growth rates: (sum of [(revenue_qi - revenue_qi_prior_year) / revenue_qi_prior_year] for i in {q1, q2, q3}) / 3, expressed as a percentage. Each quarter must individually exceed 20% — the average is a summary display metric, not the pass/fail criterion.
High is better
Type hypothetical values to see which conditions they satisfy. These are not real stocks and nothing here is stored.
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We have not measured this screen yet, so there is no record to explain.
This is a historical, statistical measurement produced by FINOME TECHNOLOGIES PVT LTD's research harness on past data. It is not a prediction, and past results do not indicate future results. The universe is today's Nifty 500 constituents, so the sample is affected by survivorship bias. It describes how a screen's selections behaved in the past and does not constitute investment advice or a recommendation.
Rule version 1.0.0