Asset-light distributor and premium retailer of ceramic/porcelain tiles, quartz surfaces, marble, sanitaryware and tile adhesives, sourced from outsourced Morbi manufacturing partners plus its own Upper Thane cutting-and-polishing facility.
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 2 | 2 | 2 | 8 | 11 | 15 | 16 |
| Reserves | 5 | 5 | 9 | 20 | 93 | 113 | 122 |
| Borrowings | 42 | 37 | 53 | 60 | 61 | 58 | 71 |
| Other Liabilities | 13 | 14 | 16 | 17 | 26 | 26 | 36 |
| Total Liabilities | 61 | 59 | 79 | 105 | 191 | 212 | 246 |
| AssetsFixed Assets | 1 | 1 | 1 | 1 | 5 | 5 | 5 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 58 | 58 | 78 | 104 | 185 | 207 | 241 |
| Total Assets | 61 | 59 | 79 | 105 | 191 | 212 | 246 |
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 1 | 7 | -10 | -13 | -40 | -32 |
| Cash from Investing | -1 | 1 | 1 | -17 | -8 | 0 |
| Cash from Financing | 1 | -9 | 8 | 30 | 58 | 25 |
| SummaryCapital Expenditure | — | — | — | — | — | — |
| Free Cash Flow | 1 | 7 | -10 | -13 | -45 | -33 |
| 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 (6.0×) and current (5.6×) 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 6× exit, ₹113 only delivers your return if you pay ₹84. The price is currently baking in 16% growth.
EPS grows 10%/yr for 5 years, then fades to 6% over 2, exits at 6×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 10.0% | 22.16 |
| FY28 | 10.0% | 24.38 |
| FY29 | 10.0% | 26.82 |
| FY30 | 10.0% | 29.50 |
| FY31 | 10.0% | 32.45 |
| FY32 | 8.0% ·fade | 35.05 |
| FY33 | 6.0% ·fade | 37.15 |
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.