India's second-largest paint company, making decorative, industrial, protective and automotive coatings.
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 97 | 97 | 97 | 97 | 117 | 117 | 117 | 117 |
| Reserves | 2.5k | 3.2k | 3.7k | 4.2k | 4.9k | 5.6k | 6.2k | 6.2k |
| Borrowings | 442 | 396 | 831 | 1.1k | 579 | 492 | 697 | 459 |
| Other Liabilities | 1.3k | 1.7k | 2.0k | 2.0k | 2.0k | 2.0k | 2.5k | 2.1k |
| Total Liabilities | 4.3k | 5.4k | 6.6k | 7.4k | 7.6k | 8.2k | 9.5k | 8.9k |
| AssetsFixed Assets | 1.4k | 1.5k | 1.6k | 2.7k | 2.9k | 3.0k | 3.7k | 3.0k |
| CWIP | 168 | 98 | 569 | 79 | 130 | 80 | 216 | 260 |
| Investments | 648 | 788 | 744 | 772 | 797 | 1.0k | 560 | 1.7k |
| Other Assets | 2.1k | 3.0k | 3.7k | 3.8k | 3.8k | 4.1k | 4.9k | 4.0k |
| Total Assets | 4.3k | 5.4k | 6.6k | 7.4k | 7.6k | 8.2k | 9.5k | 8.9k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 548 | 793 | 677 | 530 | 934 | 1.5k | 1.1k | 1.4k |
| Cash from Investing | -345 | -234 | -459 | -549 | -659 | -296 | -543 | -811 |
| Cash from Financing | -237 | -530 | -183 | -5 | -284 | -1.1k | -585 | -585 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 296 | 504 | 513 | -175 | 238 | 1.3k | 765 | 988 |
| 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 (65.1×) and current (64.2×) 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 4.7% growth and a 64× exit, ₹551 only delivers your return if you pay ₹290. The price is currently baking in 18% growth.
EPS grows 4.7%/yr for 5 years, then fades to 6% over 2, exits at 64×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 4.7% | 8.98 |
| FY28 | 4.7% | 9.41 |
| FY29 | 4.7% | 9.85 |
| FY30 | 4.7% | 10.31 |
| FY31 | 4.7% | 10.79 |
| FY32 | 5.3% ·fade | 11.37 |
| FY33 | 6.0% ·fade | 12.05 |
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.