IT services firm doing digital testing, QA and R&D engineering for BFSI, aerospace and auto clients globally.
Price
Market Cap
Sector
Information Technology
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 10 | 10 | 16 | 16 | 16 | 16 | 16 | 16 |
| Reserves | 142 | 192 | 379 | 515 | 596 | 620 | 688 | 761 |
| Borrowings | 0 | 7 | 15 | 26 | 26 | 30 | 20 | 8 |
| Other Liabilities | 62 | 56 | 185 | 174 | 128 | 165 | 192 | 145 |
| Total Liabilities | 214 | 264 | 594 | 730 | 765 | 831 | 916 | 929 |
| AssetsFixed Assets | 26 | 25 | 108 | 142 | 131 | 113 | 91 | 73 |
| CWIP | 0 | 0 | 6 | 6 | 5 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 15 | 0 | 0 | 0 |
| Other Assets | 188 | 239 | 480 | 582 | 614 | 719 | 825 | 856 |
| Total Assets | 214 | 264 | 594 | 730 | 765 | 831 | 916 | 929 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 41 | 17 | 66 | 24 | 23 | 71 | 179 | 119 |
| Cash from Investing | 24 | -7 | -44 | 3 | -37 | -33 | -51 | 32 |
| Cash from Financing | -26 | -29 | -3 | -10 | -7 | -15 | -87 | -9 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 38 | 14 | 62 | -1 | -20 | 54 | 172 | 117 |
| 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 (16.1×) and current (12.2×) 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 -5.4% growth and a 12× exit, ₹810 only delivers your return if you pay ₹241. The price is currently baking in 18% growth.
EPS grows -5.4%/yr for 5 years, then fades to 6% over 2, exits at 12×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | -5.4% | 62.86 |
| FY28 | -5.4% | 59.47 |
| FY29 | -5.4% | 56.26 |
| FY30 | -5.4% | 53.22 |
| FY31 | -5.4% | 50.34 |
| FY32 | 0.3% ·fade | 50.50 |
| FY33 | 6.0% ·fade | 53.53 |
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.