Hyderabad defence-electronics maker of missile, naval, avionics and explosives systems for India's military
Price
Market Cap
Sector
Industrials
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 21 | 21 | 21 | 21 | 28 | 31 | 34 | 36 |
| Reserves | 275 | 284 | 299 | 363 | 491 | 578 | 1.1k | 1.3k |
| Borrowings | 83 | 116 | 116 | 144 | 208 | 295 | 311 | 489 |
| Other Liabilities | 86 | 109 | 163 | 165 | 228 | 358 | 347 | 484 |
| Total Liabilities | 465 | 530 | 598 | 692 | 955 | 1.3k | 1.7k | 2.3k |
| AssetsFixed Assets | 50 | 49 | 86 | 106 | 144 | 181 | 203 | 276 |
| CWIP | 37 | 50 | 25 | 25 | 24 | 59 | 109 | 171 |
| Investments | 0 | 1 | 1 | 1 | 1 | 2 | 2 | 1 |
| Other Assets | 378 | 430 | 487 | 561 | 786 | 1.0k | 1.4k | 1.8k |
| Total Assets | 465 | 530 | 598 | 692 | 955 | 1.3k | 1.7k | 2.3k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -73 | 47 | 8 | 43 | -16 | -80 | 12 | -167 |
| Cash from Investing | 64 | -19 | -23 | -25 | -35 | -57 | -93 | -563 |
| Cash from Financing | 10 | -36 | 15 | -18 | 51 | 138 | 81 | 749 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | -92 | 20 | -14 | 23 | -48 | -129 | -75 | -405 |
| 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 (65.6×) and current (135.9×) 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 76.5% growth and a 66× exit, ₹433 only delivers your return if you pay ₹2,030. The price is currently baking in 34% growth.
EPS grows 76.5%/yr for 5 years, then fades to 6% over 2, exits at 66×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 76.5% | 5.63 |
| FY28 | 76.5% | 9.94 |
| FY29 | 76.5% | 17.54 |
| FY30 | 76.5% | 30.96 |
| FY31 | 76.5% | 54.64 |
| FY32 | 41.3% ·fade | 77.18 |
| FY33 | 6.0% ·fade | 81.81 |
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.