Skip to content

    Swiss Military

    Licensed 'Swiss Military' brand marketer of luggage & travel gear, home appliances and electronics accessories, sold via an asset-light, white-label-manufacturing model.

    Consumer Durables
    Consumer Discretionary

    Overview

    Price

    Market Cap

    ₹357 Cr

    Sector

    Consumer Durables

    Consumer Discretionary

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital1010203939474747
    Reserves-6-6-32732808488
    Borrowings00700171716
    Other Liabilities003618202930
    Total Liabilities44277289164177181
    AssetsFixed Assets00111373940
    CWIP00000000
    Investments22444444
    Other Assets33226784123133136
    Total Assets44277289164177181

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating-10-1-9-19-2-313
    Cash from Investing110-301-36-2
    Cash from Financing0001737-339-2
    SummaryCapital Expenditure
    Free Cash Flow-10-1-9-19-2-4010
    FCF Margin

    Valuation

    Assumptions

    Current — 523558
    Price
    ₹17
    EPS (TTM)
    ₹0.32
    PE (TTM)
    52.4
    Profit growth
    14.2%

    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 (66.1×) and current (52.4×) 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
    ₹17
    vs
    Fair value · 15% return
    ₹14
    15%Overvalued

    At 14.2% growth and a 52× exit, ₹17 only delivers your return if you pay ₹14. The price is currently baking in 18% growth.

    EPS grows 14.2%/yr for 5 years, then fades to 6% over 2, exits at 52×.

    YearGrowthEPS (₹)
    FY2714.2%0.37
    FY2814.2%0.42
    FY2914.2%0.48
    FY3014.2%0.54
    FY3114.2%0.62
    FY3210.1% ·fade0.68
    FY336.0% ·fade0.73

    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.

    Learn to analyse Swiss Military

    Guides on how to read this kind of business and the numbers that matter.