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    Asahi India Glass Limited

    India's leading auto & architectural glass maker; ~75% share of India's passenger-car glass market.

    Automobile and Auto Components
    Consumer Discretionary
    ₹881.2
    +0.83% from avg

    Overview

    Price

    ₹881.2

    Market Cap

    ₹22.4k Cr

    Sector

    Automobile and Auto Components

    Consumer Discretionary

    Rank

    3

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital2424242424242525
    Reserves1.3k1.4k1.7k2.0k2.3k2.6k3.7k3.9k
    Borrowings1.8k1.6k1.2k1.4k2.0k2.7k2.9k2.2k
    Other Liabilities7997687761.1k1.2k1.4k1.3k1.6k
    Total Liabilities3.9k3.8k3.8k4.6k5.5k6.8k7.9k7.8k
    AssetsFixed Assets2.0k2.2k2.3k2.4k2.6k4.0k4.0k4.5k
    CWIP48926291235826562848445
    Investments55698511285505278
    Other Assets1.3k1.2k1.3k1.8k2.0k2.1k3.0k2.7k
    Total Assets3.9k3.8k3.8k4.6k5.5k6.8k7.9k7.8k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating424293516586402653720502
    Cash from Investing-512-214-84-79-320-924-1.2k-665
    Cash from Financing91-93-382-479-52330458245
    SummaryCapital Expenditure
    Free Cash Flow-809043350992-244-536-139
    FCF Margin

    Valuation

    Assumptions

    Current — ASAHIINDIA
    Price
    ₹888
    EPS (TTM)
    ₹13.63
    PE (TTM)
    65.2
    Profit growth
    -1.5%

    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 (54.0×) and current (65.2×) 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.

    Valuation

    Current price
    ₹888
    vs
    Fair value · 15% return
    ₹278
    69%Overvalued

    At -1.5% growth and a 54× exit, ₹888 only delivers your return if you pay ₹278. The price is currently baking in 22% growth.

    EPS grows -1.5%/yr for 5 years, then fades to 6% over 2, exits at 54×.

    YearGrowthEPS (₹)
    FY27-1.5%13.43
    FY28-1.5%13.22
    FY29-1.5%13.03
    FY30-1.5%12.83
    FY31-1.5%12.64
    FY322.3% ·fade12.92
    FY336.0% ·fade13.70

    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.

    Learn to analyse Asahi India Glass Limited

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