India's largest installed process-piping capacity maker, serving oil & gas, power and chemical plants in 27+ countries.
Price
Market Cap
Sector
Industrials
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 16 | 16 | 11 | 11 | 53 | 69 | 69 | 69 |
| Reserves | 456 | 479 | 446 | 464 | 443 | 755 | 768 | 818 |
| Borrowings | 204 | 169 | 211 | 277 | 381 | 368 | 585 | 653 |
| Other Liabilities | 142 | 105 | 123 | 156 | 271 | 332 | 410 | 299 |
| Total Liabilities | 819 | 768 | 790 | 908 | 1.1k | 1.5k | 1.8k | 1.8k |
| AssetsFixed Assets | 226 | 215 | 211 | 248 | 291 | 301 | 538 | 529 |
| CWIP | 2 | 1 | 4 | 3 | 64 | 148 | 131 | 80 |
| Investments | 57 | 57 | 68 | 68 | 68 | 110 | 0 | 117 |
| Other Assets | 534 | 494 | 506 | 589 | 724 | 965 | 1.2k | 1.1k |
| Total Assets | 819 | 768 | 790 | 908 | 1.1k | 1.5k | 1.8k | 1.8k |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 72 | 69 | 56 | 21 | 84 | -96 | -44 |
| Cash from Investing | -26 | -10 | -32 | -52 | -140 | -149 | -162 |
| Cash from Financing | -60 | -55 | -27 | 32 | 56 | 250 | 216 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — |
| Free Cash Flow | 56 | 60 | 32 | -29 | -45 | -248 | -213 |
| FCF Margin | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
DEEDEV · CYCLICAL_UNMODELABLE
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