Maharashtra-based maker of pigment dispersions, masterbatches and pigment preparations, now also into waterproofing membranes and construction chemicals via its Bitumag acquisition.
Price
Market Cap
Sector
Commodities
Rank
| Line item | FY25 | FY26 |
|---|---|---|
| LiabilitiesEquity Capital | 16 | 16 |
| Reserves | 74 | 81 |
| Borrowings | 28 | 43 |
| Other Liabilities | 17 | 30 |
| Total Liabilities | 136 | 170 |
| AssetsFixed Assets | 19 | 54 |
| CWIP | 23 | 27 |
| Investments | 4 | 5 |
| Other Assets | 90 | 83 |
| Total Assets | 136 | 170 |
| Line item | FY25 | FY26 |
|---|---|---|
| ActivitiesCash from Operating | 19 | -9 |
| Cash from Investing | 13 | -40 |
| Cash from Financing | 14 | 19 |
| SummaryCapital Expenditure | — | — |
| Free Cash Flow | 9 | -51 |
| 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 (12.1×) and current (14.5×) 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 10% growth and a 12× exit, ₹108 only delivers your return if you pay ₹62. The price is currently baking in 22% growth.
EPS grows 10%/yr for 5 years, then fades to 6% over 2, exits at 12×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 10.0% | 8.22 |
| FY28 | 10.0% | 9.04 |
| FY29 | 10.0% | 9.94 |
| FY30 | 10.0% | 10.94 |
| FY31 | 10.0% | 12.03 |
| FY32 | 8.0% ·fade | 12.99 |
| FY33 | 6.0% ·fade | 13.77 |
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.