Delhi-based IT systems integrator building a 'Sovereign Stack' — Make-in-India HexaData servers/supercomputers, ZeaCloud cloud services and Fluidech cybersecurity, plus a Singapore arm for international delivery.
Price
Market Cap
Sector
Information Technology
Rank
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 1 | 1 | 1 | 12 | 13 | 13 | 13 |
| Reserves | 1 | 2 | 5 | 24 | 56 | 61 | 66 |
| Borrowings | 6 | 8 | 11 | 5 | 1 | 24 | 13 |
| Other Liabilities | 9 | 16 | 12 | 33 | 46 | 65 | 37 |
| Total Liabilities | 17 | 26 | 29 | 75 | 115 | 164 | 130 |
| AssetsFixed Assets | 1 | 2 | 2 | 1 | 2 | 3 | 3 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 5 | 0 | 21 |
| Other Assets | 16 | 24 | 27 | 73 | 108 | 161 | 106 |
| Total Assets | 17 | 26 | 29 | 75 | 115 | 164 | 130 |
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 0 | 1 | -2 | -2 | 0 | 16 |
| Cash from Investing | -1 | -1 | 0 | -1 | -5 | -22 |
| Cash from Financing | -2 | 1 | 2 | 18 | 20 | 16 |
| SummaryCapital Expenditure | — | — | — | — | — | — |
| Free Cash Flow | -1 | -1 | -2 | -2 | -1 | 14 |
| 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 (12.4×) and current (16.2×) 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, ₹119 only delivers your return if you pay ₹61. The price is currently baking in 24% growth.
EPS grows 10%/yr for 5 years, then fades to 6% over 2, exits at 12×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 10.0% | 8.07 |
| FY28 | 10.0% | 8.88 |
| FY29 | 10.0% | 9.77 |
| FY30 | 10.0% | 10.75 |
| FY31 | 10.0% | 11.82 |
| FY32 | 8.0% ·fade | 12.77 |
| FY33 | 6.0% ·fade | 13.53 |
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.