India's top-3 2W metal-components maker; supplies chassis, exhaust & BIW parts to 38 OEMs from 24 plants.
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 20 | 20 | 326 | 326 | 445 | 445 |
| Reserves | 1.7k | 2.0k | 2.0k | 2.4k | 4.5k | 4.8k |
| Borrowings | 2.5k | 2.4k | 2.5k | 3.0k | 1.4k | 1.5k |
| Other Liabilities | 770 | 1.3k | 1.2k | 1.6k | 1.7k | 1.8k |
| Total Liabilities | 5.0k | 5.7k | 6.0k | 7.2k | 8.1k | 8.6k |
| AssetsFixed Assets | 0 | 2.4k | 2.5k | 2.9k | 3.0k | 3.1k |
| CWIP | 0 | 80 | 179 | 263 | 239 | 240 |
| Investments | 59 | 41 | 9 | 109 | 109 | 113 |
| Other Assets | 4.9k | 3.1k | 3.4k | 4.0k | 4.7k | 5.1k |
| Total Assets | 5.0k | 5.7k | 6.0k | 7.2k | 8.1k | 8.6k |
| Line item | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ActivitiesCash from Operating | 474 | 789 | 582 | 704 | 876 |
| Cash from Investing | -543 | -194 | -362 | -981 | -475 |
| Cash from Financing | 39 | -530 | -141 | 169 | 328 |
| SummaryCapital Expenditure | — | — | — | — | — |
| Free Cash Flow | -31 | 555 | 130 | -163 | 258 |
| 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 (29.1×) and current (43.2×) 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.
At 39.6% growth and a 29× exit, ₹241 only delivers your return if you pay ₹420. The price is currently baking in 26% growth.
EPS grows 39.6%/yr for 5 years, then fades to 6% over 2, exits at 29×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 39.6% | 7.79 |
| FY28 | 39.6% | 10.87 |
| FY29 | 39.6% | 15.18 |
| FY30 | 39.6% | 21.19 |
| FY31 | 39.6% | 29.58 |
| FY32 | 22.8% ·fade | 36.33 |
| FY33 | 6.0% ·fade | 38.51 |
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.