Makes railway coach, electrification, safety (Kavach) and propulsion-control products for Indian Railways.
Price
Market Cap
Sector
Industrials
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 0 | 0 | 0 | 6 | 6 | 6 | 6 | 10 |
| Reserves | 3 | 5 | 7 | 16 | 40 | 113 | 132 | 199 |
| Borrowings | 2 | 3 | 3 | 3 | 3 | 0 | 18 | 54 |
| Other Liabilities | 3 | 4 | 4 | 6 | 11 | 16 | 26 | 52 |
| Total Liabilities | 8 | 13 | 15 | 30 | 60 | 136 | 184 | 315 |
| AssetsFixed Assets | 1 | 1 | 2 | 2 | 3 | 23 | 23 | 44 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
| Investments | 0 | 0 | 0 | 2 | 4 | 7 | 6 | 24 |
| Other Assets | 7 | 11 | 12 | 26 | 53 | 105 | 153 | 245 |
| Total Assets | 8 | 13 | 15 | 30 | 60 | 136 | 184 | 315 |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 1 | 0 | 2 | -2 | 7 | -7 | -55 |
| Cash from Investing | -1 | 0 | -1 | -1 | -5 | -14 | -45 |
| Cash from Financing | 0 | 0 | 0 | 8 | -2 | 21 | 104 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — |
| Free Cash Flow | 0 | 0 | 1 | -2 | 6 | -10 | -63 |
| 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 (31.8×) and current (46.6×) 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.
At 10% growth and a 32× exit, ₹2780 only delivers your return if you pay ₹1,325. The price is currently baking in 26% growth.
EPS grows 10%/yr for 5 years, then fades to 6% over 2, exits at 32×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 10.0% | 65.69 |
| FY28 | 10.0% | 72.26 |
| FY29 | 10.0% | 79.49 |
| FY30 | 10.0% | 87.44 |
| FY31 | 10.0% | 96.18 |
| FY32 | 8.0% ·fade | 103.87 |
| FY33 | 6.0% ·fade | 110.11 |
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.