Tamil Nadu-based manufacturer of inorganic pigments and surfactants/specialty chemicals, with a captive wind-power operation and an IT-enabled services (ITeS/BPO) division.
Price
Market Cap
Sector
Commodities
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
| Reserves | 297 | 455 | 854 | 730 | 894 | 967 | 1.1k | 864 |
| Borrowings | 29 | 38 | 53 | 75 | 79 | 94 | 89 | 86 |
| Other Liabilities | 50 | 61 | 82 | 70 | 97 | 106 | 138 | 138 |
| Total Liabilities | 381 | 561 | 995 | 881 | 1.1k | 1.2k | 1.3k | 1.1k |
| AssetsFixed Assets | 91 | 119 | 152 | 238 | 281 | 334 | 345 | 373 |
| CWIP | 35 | 30 | 69 | 29 | 30 | 26 | 39 | 30 |
| Investments | 105 | 194 | 551 | 366 | 492 | 513 | 577 | 376 |
| Other Assets | 149 | 218 | 222 | 248 | 274 | 299 | 329 | 315 |
| Total Assets | 381 | 561 | 995 | 881 | 1.1k | 1.2k | 1.3k | 1.1k |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 48 | 58 | 29 | 62 | 78 | 90 | 128 |
| Cash from Investing | -39 | -20 | -63 | -55 | -51 | -42 | -148 |
| Cash from Financing | -16 | 13 | -7 | -2 | -18 | -33 | -31 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — |
| Free Cash Flow | 6 | 15 | -40 | 1 | 15 | 37 | 62 |
| FCF Margin | — | — | — | — | — | — | — |
The Earnings Per Share over the last 12 months.
Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).
Pre-filled with the lower of median (18.2×) and current (14.5×) PE — the conservative anchor.
The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.
At 5% growth and a 14× exit, ₹370 only delivers your return if you pay ₹192. The price is currently baking in 18% growth.
EPS grows 5%/yr for 5 years, then fades to 6% over 2, exits at 14×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 5.0% | 26.89 |
| FY28 | 5.0% | 28.24 |
| FY29 | 5.0% | 29.65 |
| FY30 | 5.0% | 31.13 |
| FY31 | 5.0% | 32.69 |
| FY32 | 5.5% ·fade | 34.48 |
| FY33 | 6.0% ·fade | 36.55 |
Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.
Guides on how to read this kind of business and the numbers that matter.