India's largest cash-logistics and ATM/retail managed-services network, plus a growing Vision AI and payments-tech arm.
Price
Market Cap
Sector
Services
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 148 | 148 | 153 | 154 | 163 | 164 | 164 | 165 |
| Reserves | 686 | 803 | 1.1k | 1.3k | 1.7k | 2.0k | 2.2k | 2.1k |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 223 | 214 |
| Other Liabilities | 434 | 580 | 549 | 500 | 673 | 794 | 615 | 491 |
| Total Liabilities | 1.3k | 1.5k | 1.8k | 2.0k | 2.6k | 3.0k | 3.2k | 3.0k |
| AssetsFixed Assets | 328 | 440 | 637 | 753 | 727 | 750 | 992 | 985 |
| CWIP | 4 | 23 | 42 | 20 | 18 | 164 | 142 | 113 |
| Investments | 240 | 281 | 266 | 426 | 613 | 712 | 339 | 538 |
| Other Assets | 696 | 787 | 815 | 798 | 1.2k | 1.3k | 1.7k | 1.4k |
| Total Assets | 1.3k | 1.5k | 1.8k | 2.0k | 2.6k | 3.0k | 3.2k | 3.0k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 74 | 204 | 100 | 219 | 382 | 385 | 440 | 339 |
| Cash from Investing | 5 | -106 | -90 | -284 | -323 | -236 | -227 | -255 |
| Cash from Financing | -29 | -56 | -60 | 2 | -51 | -51 | -142 | -210 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 44 | 125 | 50 | -58 | 202 | 279 | 287 | -57 |
| 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 (20.0×) and current (15.9×) 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 -1.1% growth and a 16× exit, ₹276 only delivers your return if you pay ₹107. The price is currently baking in 17% growth.
EPS grows -1.1%/yr for 5 years, then fades to 6% over 2, exits at 16×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | -1.1% | 17.11 |
| FY28 | -1.1% | 16.92 |
| FY29 | -1.1% | 16.74 |
| FY30 | -1.1% | 16.55 |
| FY31 | -1.1% | 16.37 |
| FY32 | 2.4% ·fade | 16.77 |
| FY33 | 6.0% ·fade | 17.78 |
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.