Madhya Pradesh-based integrated liquor maker producing IMFL, IMIL, ENA and grain ethanol from one plant.
Price
Market Cap
Sector
Fast Moving Consumer Goods
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 18 | 18 | 18 | 18 | 18 | 18 | 19 | 20 |
| Reserves | 177 | 234 | 295 | 345 | 405 | 502 | 568 | 675 |
| Borrowings | 11 | 11 | 5 | 100 | 108 | 102 | 75 | 69 |
| Other Liabilities | 67 | 67 | 82 | 75 | 88 | 96 | 114 | 92 |
| Total Liabilities | 274 | 330 | 400 | 538 | 619 | 718 | 776 | 856 |
| AssetsFixed Assets | 110 | 111 | 113 | 110 | 252 | 351 | 338 | 395 |
| CWIP | 11 | 9 | 24 | 110 | 63 | 32 | 67 | 19 |
| Investments | 2 | 3 | 25 | 60 | 46 | 64 | 97 | 109 |
| Other Assets | 151 | 207 | 239 | 257 | 257 | 271 | 274 | 333 |
| Total Assets | 274 | 330 | 400 | 538 | 619 | 718 | 776 | 856 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 25 | 58 | 67 | 79 | 7 | 28 | 74 | 52 |
| Cash from Investing | -28 | -33 | -65 | -70 | -94 | -32 | -83 | -88 |
| Cash from Financing | 3 | -25 | -3 | -9 | 86 | 13 | 1 | 46 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | -8 | 42 | 54 | 40 | -86 | -75 | -12 | 0 |
| 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 (19.8×) and current (19.9×) 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 28.4% growth and a 20× exit, ₹844 only delivers your return if you pay ₹1,382. The price is currently baking in 17% growth.
EPS grows 28.4%/yr for 5 years, then fades to 6% over 2, exits at 20×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 28.4% | 54.43 |
| FY28 | 28.4% | 69.89 |
| FY29 | 28.4% | 89.73 |
| FY30 | 28.4% | 115.22 |
| FY31 | 28.4% | 147.94 |
| FY32 | 17.2% ·fade | 173.39 |
| FY33 | 6.0% ·fade | 183.79 |
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.