Pune-based maker of Mechanical and Power (HPAS) Steering Gear Systems for commercial vehicles, buses and tractors, with captive solar/wind power and machining/foundry subsidiaries.
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY18 | FY19 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| Reserves | 291 | 326 | 386 | 410 | 449 | 457 | 465 | 472 |
| Borrowings | 64 | 46 | 34 | 43 | 77 | 100 | 109 | 106 |
| Other Liabilities | 68 | 73 | 43 | 50 | 59 | 70 | 61 | 85 |
| Total Liabilities | 432 | 454 | 472 | 512 | 594 | 636 | 643 | 673 |
| AssetsFixed Assets | 106 | 111 | 159 | 158 | 205 | 245 | 238 | 230 |
| CWIP | 1 | 26 | 2 | 7 | 30 | 15 | 22 | 68 |
| Investments | 153 | 119 | 119 | 147 | 134 | 156 | 151 | 135 |
| Other Assets | 173 | 198 | 192 | 199 | 226 | 220 | 233 | 239 |
| Total Assets | 432 | 454 | 472 | 512 | 594 | 636 | 643 | 673 |
| Line item | FY17 | FY18 | FY19 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 63 | 68 | 72 | 15 | 49 | 35 | 40 | 98 |
| Cash from Investing | -47 | -55 | -42 | -16 | -63 | -52 | -64 | -89 |
| Cash from Financing | -16 | -10 | -29 | -3 | 12 | 29 | 14 | -5 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 20 | 46 | 11 | -18 | 9 | -55 | -19 | -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.
505163 · CYCLICAL_UNMODELABLE
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