Makes suspension, brakes, die-casting, alloy wheels & EV components for 2W/3W/4W OEMs in India and Europe.
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 141 | 141 | 141 | 141 | 141 | 141 | 141 | 141 |
| Reserves | 2.2k | 2.6k | 2.9k | 3.2k | 3.7k | 4.2k | 6.1k | 4.8k |
| Borrowings | 152 | 49 | 34 | 30 | 8 | 25 | 1.2k | 26 |
| Other Liabilities | 514 | 680 | 698 | 748 | 872 | 1.0k | 3.2k | 1.2k |
| Total Liabilities | 3.0k | 3.4k | 3.7k | 4.1k | 4.7k | 5.4k | 10.7k | 6.2k |
| AssetsFixed Assets | 1.5k | 1.4k | 1.6k | 1.7k | 1.8k | 2.0k | 5.2k | 2.3k |
| CWIP | 81 | 92 | 89 | 131 | 120 | 210 | 648 | 459 |
| Investments | 402 | 535 | 574 | 793 | 936 | 1.0k | 660 | 1.1k |
| Other Assets | 1.0k | 1.4k | 1.5k | 1.5k | 1.8k | 2.1k | 4.1k | 2.4k |
| Total Assets | 3.0k | 3.4k | 3.7k | 4.1k | 4.7k | 5.4k | 10.7k | 6.2k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 478 | 628 | 297 | 549 | 623 | 605 | 873 | 896 |
| Cash from Investing | -392 | -268 | -280 | -379 | -579 | -509 | -673 | -805 |
| Cash from Financing | -64 | -265 | -108 | -101 | -104 | -123 | -124 | -156 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 70 | 357 | 143 | 198 | 243 | 233 | 285 | 80 |
| 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 (46.8×) and current (50.3×) 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 18% growth and a 47× exit, ₹2622 only delivers your return if you pay ₹2,504. The price is currently baking in 19% growth.
EPS grows 18%/yr for 5 years, then fades to 6% over 2, exits at 47×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 18.0% | 61.56 |
| FY28 | 18.0% | 72.64 |
| FY29 | 18.0% | 85.72 |
| FY30 | 18.0% | 101.15 |
| FY31 | 18.0% | 119.35 |
| FY32 | 12.0% ·fade | 133.67 |
| FY33 | 6.0% ·fade | 141.70 |
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.