Vadodara-based engineering manufacturer, in commercial production since 1943, of electric motors, pumps, generators, turbines and relays, plus vacuum switchgear (VCB panels, RMUs, contactors).
Price
Market Cap
Sector
Industrials
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 |
| Reserves | -333 | -316 | -92 | -87 | -79 | -63 | -50 | -44 |
| Borrowings | 521 | 477 | 271 | 255 | 242 | 221 | 215 | 209 |
| Other Liabilities | 203 | 178 | 101 | 94 | 98 | 137 | 120 | 137 |
| Total Liabilities | 414 | 362 | 303 | 285 | 284 | 318 | 308 | 325 |
| AssetsFixed Assets | 65 | 57 | 47 | 41 | 37 | 35 | 35 | 35 |
| CWIP | 26 | 15 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 14 | 10 | 10 | 10 | 11 | 13 | 13 | 14 |
| Other Assets | 309 | 280 | 245 | 233 | 236 | 270 | 260 | 277 |
| Total Assets | 414 | 362 | 303 | 285 | 284 | 318 | 308 | 325 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 50 | 1 | 29 | 40 | 16 | 23 | 16 | 16 |
| Cash from Investing | 3 | 4 | 9 | 8 | 7 | -1 | -4 | -1 |
| Cash from Financing | -55 | -4 | -34 | -54 | -16 | -14 | -22 | -12 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 49 | 1 | 29 | 39 | 16 | 21 | 13 | 11 |
| FCF Margin | — | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
504076 · CYCLICAL_UNMODELABLE
Guides on how to read this kind of business and the numbers that matter.