Mumbai-based company engaged in buying and selling of diamonds, with a jewellery business being demerged into a separate listed subsidiary.
Price
Market Cap
Sector
Services
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 3 | 3 | 10 | 10 | 10 | 10 | 10 | 10 |
| Reserves | 4 | 4 | 0 | 0 | 3 | 4 | 4 | 1 |
| Borrowings | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 0 |
| Other Liabilities | 0 | 0 | 0 | 0 | 2 | 2 | 3 | 3 |
| Total Liabilities | 7 | 8 | 12 | 12 | 17 | 17 | 17 | 14 |
| AssetsFixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 7 | 8 | 11 | 11 | 16 | 17 | 17 | 13 |
| Total Assets | 7 | 8 | 12 | 12 | 17 | 17 | 17 | 14 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -1 | -2 | -0 | -3 | 0 | 2 | 3 | 4 |
| Cash from Investing | 0 | -1 | 0 | 0 | -0 | -4 | -3 | -3 |
| Cash from Financing | 1 | 4 | -0 | 3 | -0 | 3 | -0 | -0 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | -2 | -2 | -0 | -3 | 0 | 2 | 3 | 4 |
| 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 (809.0×) and current (723.1×) 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 5.7% growth and a 723× exit, ₹188 only delivers your return if you pay ₹105. The price is currently baking in 18% growth.
EPS grows 5.7%/yr for 5 years, then fades to 6% over 2, exits at 723×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 5.7% | 0.27 |
| FY28 | 5.7% | 0.29 |
| FY29 | 5.7% | 0.31 |
| FY30 | 5.7% | 0.32 |
| FY31 | 5.7% | 0.34 |
| FY32 | 5.8% ·fade | 0.36 |
| FY33 | 6.0% ·fade | 0.38 |
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.