Chennai-based maritime services group offering ship management, offshore vessel ownership/chartering, marine services and port services to government, PSU and oil & gas clients
Price
Market Cap
Sector
Services
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 0 | 0 | 0 | 0 | 18 | 25 | 25 | 25 |
| Reserves | 74 | 76 | 84 | 94 | 99 | 206 | 237 | 287 |
| Borrowings | 94 | 86 | 61 | 49 | 46 | 178 | 351 | 377 |
| Other Liabilities | 26 | 21 | 22 | 33 | 22 | 23 | 54 | 53 |
| Total Liabilities | 193 | 182 | 167 | 176 | 185 | 432 | 666 | 742 |
| AssetsFixed Assets | 125 | 119 | 91 | 86 | 82 | 183 | 504 | 502 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Investments | 3 | 13 | 31 | 5 | 11 | 13 | 10 | 13 |
| Other Assets | 65 | 50 | 44 | 84 | 92 | 236 | 151 | 225 |
| Total Assets | 193 | 182 | 167 | 176 | 185 | 432 | 666 | 742 |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 32 | 25 | 15 | 5 | 11 | 45 | 168 |
| Cash from Investing | -25 | -19 | 15 | 19 | -15 | -235 | -332 |
| Cash from Financing | -1 | -16 | -29 | -17 | -7 | 193 | 162 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — |
| Free Cash Flow | 4 | 13 | 36 | -3 | 0 | -69 | -187 |
| 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 (3.4×) and current (5.2×) 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 3× exit, ₹228 only delivers your return if you pay ₹91. The price is currently baking in 30% growth.
EPS grows 10%/yr for 5 years, then fades to 6% over 2, exits at 3×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 10.0% | 47.99 |
| FY28 | 10.0% | 52.79 |
| FY29 | 10.0% | 58.07 |
| FY30 | 10.0% | 63.88 |
| FY31 | 10.0% | 70.27 |
| FY32 | 8.0% ·fade | 75.89 |
| FY33 | 6.0% ·fade | 80.44 |
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.