India's Tier-1 welding solutions maker — consumables, equipment & automation, exporting to 15+ countries.
Price
Market Cap
Sector
Industrials
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 14 | 14 | 14 | 14 | 14 | 17 | 17 | 17 |
| Reserves | 235 | 224 | 268 | 310 | 485 | 498 | 475 | 546 |
| Borrowings | 82 | 29 | 2 | 17 | 45 | 2 | 2 | 3 |
| Other Liabilities | 108 | 108 | 109 | 111 | 158 | 180 | 229 | 271 |
| Total Liabilities | 439 | 375 | 393 | 452 | 701 | 698 | 724 | 838 |
| AssetsFixed Assets | 125 | 116 | 117 | 123 | 156 | 196 | 204 | 204 |
| CWIP | 0 | 3 | 7 | 2 | 25 | 4 | 3 | 3 |
| Investments | 6 | 12 | 20 | 20 | 56 | 32 | 37 | 47 |
| Other Assets | 308 | 244 | 248 | 306 | 463 | 466 | 480 | 584 |
| Total Assets | 439 | 375 | 393 | 452 | 701 | 698 | 724 | 838 |
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 (24.8×) and current (18.6×) 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 12.5% growth and a 19× exit, ₹1216 only delivers your return if you pay ₹973. The price is currently baking in 17% growth.
EPS grows 12.5%/yr for 5 years, then fades to 6% over 2, exits at 19×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 12.5% | 73.44 |
| FY28 | 12.5% | 82.62 |
| FY29 | 12.5% | 92.95 |
| FY30 | 12.5% | 104.57 |
| FY31 | 12.5% | 117.64 |
| FY32 | 9.3% ·fade | 128.52 |
| FY33 | 6.0% ·fade | 136.23 |
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.