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    Pradeep Metals

    Navi Mumbai-based forging company making low-volume, high-mix custom forged and machined components, with trading/manufacturing subsidiaries in Houston, USA.

    Automobile and Auto Components
    Consumer Discretionary

    Overview

    Price

    Market Cap

    ₹891 Cr

    Sector

    Automobile and Auto Components

    Consumer Discretionary

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital1717171717171717
    Reserves3240587797120129147
    Borrowings8765817373716775
    Other Liabilities2932384253596280
    Total Liabilities165155194209240267275320
    AssetsFixed Assets6859707286100100106
    CWIP21241014
    Investments00000000
    Other Assets9494122133154167174210
    Total Assets165155194209240267275320

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating1935251237323332
    Cash from Investing-12-8-1-21-19-18-19-23
    Cash from Financing-5-29-239-20-10-14-8
    SummaryCapital Expenditure
    Free Cash Flow72624-81813139
    FCF Margin

    Valuation

    Assumptions

    Current — 513532
    Price
    ₹520
    EPS (TTM)
    ₹17.58
    PE (TTM)
    29.6
    Profit growth
    4.7%

    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 (16.1×) and current (29.6×) 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.

    Valuation

    Current price
    ₹520
    vs
    Fair value · 15% return
    ₹149
    71%Overvalued

    At 4.7% growth and a 16× exit, ₹520 only delivers your return if you pay ₹149. The price is currently baking in 31% growth.

    EPS grows 4.7%/yr for 5 years, then fades to 6% over 2, exits at 16×.

    YearGrowthEPS (₹)
    FY274.7%18.41
    FY284.7%19.27
    FY294.7%20.18
    FY304.7%21.13
    FY314.7%22.12
    FY325.3% ·fade23.30
    FY336.0% ·fade24.70

    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.

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