Ludhiana (Punjab) manufacturer of automotive tyres and tubes, spanning mopeds, two- and three-wheelers, agricultural vehicles and heavy/giant vehicles.
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 8 | 8 | 8 | 10 | 10 | 10 | 10 | 10 |
| Reserves | 10 | 12 | 14 | 15 | 18 | 23 | 26 | 29 |
| Borrowings | 4 | 11 | 10 | 13 | 15 | 18 | 17 | 19 |
| Other Liabilities | 9 | 10 | 15 | 20 | 20 | 22 | 24 | 25 |
| Total Liabilities | 31 | 40 | 47 | 58 | 63 | 73 | 77 | 83 |
| AssetsFixed Assets | 11 | 18 | 19 | 20 | 25 | 26 | 27 | 29 |
| CWIP | 4 | 0 | 1 | 2 | 0 | 0 | 0 | 1 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 16 | 23 | 27 | 36 | 38 | 47 | 49 | 53 |
| Total Assets | 31 | 40 | 47 | 58 | 63 | 73 | 77 | 83 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -2 | 2 | 2 | 2 | 2 | 5 | 4 | 5 |
| Cash from Investing | -3 | -4 | -2 | -3 | -4 | -4 | -4 | -4 |
| Cash from Financing | 5 | 2 | 1 | 1 | 2 | -2 | -1 | -1 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | -5 | -2 | -2 | -1 | -2 | 1 | 1 | -1 |
| 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 (37.7×) and current (34.7×) 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 14.2% growth and a 35× exit, ₹171 only delivers your return if you pay ₹147. The price is currently baking in 17% growth.
EPS grows 14.2%/yr for 5 years, then fades to 6% over 2, exits at 35×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 14.2% | 5.63 |
| FY28 | 14.2% | 6.43 |
| FY29 | 14.2% | 7.34 |
| FY30 | 14.2% | 8.39 |
| FY31 | 14.2% | 9.58 |
| FY32 | 10.1% ·fade | 10.54 |
| FY33 | 6.0% ·fade | 11.18 |
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.