Tyre-retreading materials maker (precured tread rubber, cushion gum, envelopes, spray cement) sold via a pan-India dealer/retreader network, with a power-electronics subsidiary manufacturing BESS conversion systems.
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
| Reserves | 182 | 192 | 201 | 207 | 221 | 222 | 225 | 226 |
| Borrowings | 11 | 0 | 0 | 6 | 10 | 9 | 9 | 18 |
| Other Liabilities | 28 | 39 | 27 | 33 | 35 | 37 | 33 | 55 |
| Total Liabilities | 226 | 237 | 234 | 251 | 271 | 274 | 272 | 304 |
| AssetsFixed Assets | 41 | 25 | 45 | 52 | 64 | 60 | 58 | 56 |
| CWIP | 10 | 19 | 1 | 0 | 0 | 0 | 0 | 0 |
| Investments | 79 | 91 | 112 | 113 | 122 | 128 | 143 | 139 |
| Other Assets | 95 | 101 | 75 | 86 | 85 | 86 | 72 | 110 |
| Total Assets | 226 | 237 | 234 | 251 | 271 | 274 | 272 | 304 |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 17 | 0 | 10 | 15 | 8 | 18 | 3 | 9 |
| Cash from Investing | -8 | 10 | 3 | -9 | -3 | -11 | 1 | -10 |
| Cash from Financing | -10 | -10 | -15 | -5 | -7 | -4 | -7 | 3 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 15 | -2 | -3 | 3 | 4 | 6 | 0 | 6 |
| 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 (40.1×) and current (22.3×) 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 39.9% growth and a 22× exit, ₹85 only delivers your return if you pay ₹220. The price is currently baking in 18% growth.
EPS grows 39.9%/yr for 5 years, then fades to 6% over 2, exits at 22×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 39.9% | 5.33 |
| FY28 | 39.9% | 7.46 |
| FY29 | 39.9% | 10.43 |
| FY30 | 39.9% | 14.59 |
| FY31 | 39.9% | 20.42 |
| FY32 | 22.9% ·fade | 25.10 |
| FY33 | 6.0% ·fade | 26.61 |
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.