India's largest premium and luxury watch retailer, operating 98 boutiques across 32 Indian cities.
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 18 | 18 | 19 | 23 | 24 | 24 | 27 | 27 |
| Reserves | 132 | 139 | 213 | 608 | 859 | 958 | 1.4k | 1.5k |
| Borrowings | 174 | 140 | 161 | 121 | 145 | 289 | 314 | 322 |
| Other Liabilities | 98 | 96 | 111 | 127 | 142 | 139 | 393 | 387 |
| Total Liabilities | 422 | 394 | 504 | 880 | 1.2k | 1.4k | 2.1k | 2.2k |
| AssetsFixed Assets | 125 | 113 | 130 | 197 | 230 | 401 | 467 | 494 |
| CWIP | 1 | 4 | 0 | 4 | 9 | 31 | 12 | 11 |
| Investments | 1 | 1 | 2 | 2 | 25 | 36 | 38 | 38 |
| Other Assets | 296 | 276 | 373 | 677 | 907 | 942 | 1.6k | 1.7k |
| Total Assets | 422 | 394 | 504 | 880 | 1.2k | 1.4k | 2.1k | 2.2k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -22 | 36 | 63 | 17 | -2 | 31 | -20 | 90 |
| Cash from Investing | -13 | -15 | -10 | -24 | -256 | -123 | 47 | -476 |
| Cash from Financing | 35 | -20 | -45 | 26 | 249 | 125 | -58 | 502 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | -35 | 23 | 54 | -7 | -58 | -1 | -94 | 19 |
| 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 (71.7×) and current (66.9×) 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 16.7% growth and a 67× exit, ₹2381 only delivers your return if you pay ₹2,290. The price is currently baking in 18% growth.
EPS grows 16.7%/yr for 5 years, then fades to 6% over 2, exits at 67×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 16.7% | 41.53 |
| FY28 | 16.7% | 48.47 |
| FY29 | 16.7% | 56.56 |
| FY30 | 16.7% | 66.01 |
| FY31 | 16.7% | 77.03 |
| FY32 | 11.3% ·fade | 85.78 |
| FY33 | 6.0% ·fade | 90.92 |
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.