Manufactures seamless steel high-pressure cylinders for CNG, industrial gas and jumbo storage applications worldwide.
Price
Market Cap
Sector
Industrials
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 |
| Reserves | 244 | 347 | 572 | 636 | 682 | 727 | 1.3k | 801 |
| Borrowings | 158 | 116 | 87 | 50 | 2 | 106 | 197 | 126 |
| Other Liabilities | 219 | 202 | 168 | 107 | 109 | 118 | 226 | 97 |
| Total Liabilities | 644 | 688 | 849 | 816 | 815 | 974 | 1.7k | 1.0k |
| AssetsFixed Assets | 195 | 180 | 196 | 230 | 250 | 248 | 441 | 338 |
| CWIP | 15 | 35 | 30 | 52 | 62 | 110 | 203 | 52 |
| Investments | 98 | 40 | 40 | 25 | 66 | 85 | 66 | 90 |
| Other Assets | 337 | 434 | 584 | 509 | 438 | 531 | 1.0k | 566 |
| Total Assets | 644 | 688 | 849 | 816 | 815 | 974 | 1.7k | 1.0k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 49 | 96 | 70 | 75 | 92 | 156 | -18 | 102 |
| Cash from Investing | 1 | -23 | 42 | -63 | -43 | -106 | -68 | -66 |
| Cash from Financing | -51 | -69 | -64 | -43 | -55 | -62 | 87 | -19 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 32 | 59 | 52 | 10 | 44 | 105 | -83 | 31 |
| 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 (25.2×) and current (17.6×) 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 12.9% growth and a 18× exit, ₹113 only delivers your return if you pay ₹92. The price is currently baking in 17% growth.
EPS grows 12.9%/yr for 5 years, then fades to 6% over 2, exits at 18×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 12.9% | 7.25 |
| FY28 | 12.9% | 8.18 |
| FY29 | 12.9% | 9.24 |
| FY30 | 12.9% | 10.43 |
| FY31 | 12.9% | 11.78 |
| FY32 | 9.4% ·fade | 12.89 |
| FY33 | 6.0% ·fade | 13.66 |
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.