Makes Cremica biscuits and English Oven breads/buns, and is a top supplier of buns to QSR chains in India.
Price
Market Cap
Sector
Fast Moving Consumer Goods
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 57 | 59 | 59 | 59 | 59 | 61 | 61 | 61 |
| Reserves | 262 | 372 | 410 | 486 | 604 | 1.1k | 1.2k | 1.2k |
| Borrowings | 134 | 132 | 136 | 127 | 245 | 184 | 183 | 191 |
| Other Liabilities | 113 | 118 | 117 | 160 | 192 | 216 | 271 | 226 |
| Total Liabilities | 566 | 681 | 722 | 831 | 1.1k | 1.6k | 1.7k | 1.7k |
| AssetsFixed Assets | 354 | 354 | 411 | 426 | 524 | 623 | 773 | 931 |
| CWIP | 7 | 55 | 12 | 49 | 94 | 238 | 176 | 90 |
| Investments | 4 | 10 | 11 | 11 | 4 | 4 | 37 | 7 |
| Other Assets | 202 | 261 | 288 | 345 | 478 | 700 | 683 | 660 |
| Total Assets | 566 | 681 | 722 | 831 | 1.1k | 1.6k | 1.7k | 1.7k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | — | 109 | 110 | 84 | 164 | 153 | 161 | 218 |
| Cash from Investing | — | -43 | -125 | -57 | -151 | -224 | -331 | -213 |
| Cash from Financing | — | -51 | 28 | -30 | -37 | 69 | 248 | -54 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | — | 68 | 30 | 25 | 56 | -61 | -97 | 5 |
| 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 (244.6×) and current (41.5×) 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 15.7% growth and a 41× exit, ₹190 only delivers your return if you pay ₹172. The price is currently baking in 18% growth.
EPS grows 15.7%/yr for 5 years, then fades to 6% over 2, exits at 41×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 15.7% | 5.31 |
| FY28 | 15.7% | 6.14 |
| FY29 | 15.7% | 7.11 |
| FY30 | 15.7% | 8.23 |
| FY31 | 15.7% | 9.52 |
| FY32 | 10.8% ·fade | 10.55 |
| FY33 | 6.0% ·fade | 11.18 |
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.