Pune specialty-chemicals maker; global No.1-2 producer of MEHQ, BHA, TBHQ, HALS via catalytic tech.
Price
Market Cap
Sector
Commodities
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 1 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
| Reserves | 341 | 529 | 758 | 1.0k | 1.2k | 1.4k | 1.5k | 1.6k |
| Borrowings | 3 | 0 | 0 | 1 | 1 | 1 | 1 | 1 |
| Other Liabilities | 85 | 120 | 156 | 139 | 154 | 147 | 156 | 137 |
| Total Liabilities | 430 | 660 | 925 | 1.2k | 1.4k | 1.6k | 1.7k | 1.8k |
| AssetsFixed Assets | 166 | 186 | 296 | 427 | 401 | 364 | 351 | 340 |
| CWIP | 3 | 55 | 44 | 4 | 2 | 4 | 5 | 4 |
| Investments | 134 | 233 | 247 | 428 | 666 | 907 | 1.1k | 1.2k |
| Other Assets | 127 | 187 | 338 | 300 | 302 | 330 | 281 | 285 |
| Total Assets | 430 | 660 | 925 | 1.2k | 1.4k | 1.6k | 1.7k | 1.8k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 85 | 160 | 193 | 127 | 299 | 277 | 279 | 310 |
| Cash from Investing | -94 | -106 | -186 | -124 | -245 | -228 | -221 | -244 |
| Cash from Financing | -11 | -55 | -6 | 0 | -55 | -53 | -52 | -64 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 46 | 109 | 109 | -2 | 164 | 264 | 270 | 289 |
| 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 (52.4×) and current (31.5×) 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 -6% growth and a 31× exit, ₹744 only delivers your return if you pay ₹214. The price is currently baking in 18% growth.
EPS grows -6%/yr for 5 years, then fades to 6% over 2, exits at 31×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | -6.0% | 22.22 |
| FY28 | -6.0% | 20.89 |
| FY29 | -6.0% | 19.64 |
| FY30 | -6.0% | 18.46 |
| FY31 | -6.0% | 17.35 |
| FY32 | 0.0% ·fade | 17.35 |
| FY33 | 6.0% ·fade | 18.39 |
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.