India's largest pen brand; diversified into stationery, steel bottles & houseware, exports to 115+ countries.
Price
Market Cap
Sector
Fast Moving Consumer Goods
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 23 | 23 | 23 | 47 | 53 | 53 | 53 | 53 |
| Reserves | 236 | 236 | 290 | 379 | 836 | 949 | 1.0k | 1.1k |
| Borrowings | 168 | 122 | 118 | 99 | 56 | 39 | 32 | 33 |
| Other Liabilities | 113 | 85 | 107 | 109 | 128 | 116 | 149 | 130 |
| Total Liabilities | 539 | 467 | 539 | 634 | 1.1k | 1.2k | 1.2k | 1.3k |
| AssetsFixed Assets | 195 | 178 | 181 | 200 | 251 | 294 | 291 | 304 |
| CWIP | 0 | 0 | 0 | 2 | 20 | 12 | 33 | 34 |
| Investments | 0 | 16 | 0 | 4 | 4 | 35 | 88 | 123 |
| Other Assets | 344 | 273 | 358 | 429 | 799 | 815 | 823 | 804 |
| Total Assets | 539 | 467 | 539 | 634 | 1.1k | 1.2k | 1.2k | 1.3k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 36 | — | 70 | 23 | 79 | 106 | 58 | 136 |
| Cash from Investing | -52 | — | -16 | -8 | -46 | -328 | -29 | -153 |
| Cash from Financing | 17 | — | -57 | -15 | -32 | 274 | -28 | -26 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | -16 | — | 68 | -3 | 34 | 30 | -3 | 72 |
| 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 (26.2×) and current (25.0×) 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 0% growth and a 25× exit, ₹279 only delivers your return if you pay ₹115. The price is currently baking in 18% growth.
EPS grows 0%/yr for 5 years, then fades to 6% over 2, exits at 25×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 0.0% | 11.18 |
| FY28 | 0.0% | 11.18 |
| FY29 | 0.0% | 11.18 |
| FY30 | 0.0% | 11.18 |
| FY31 | 0.0% | 11.18 |
| FY32 | 3.0% ·fade | 11.52 |
| FY33 | 6.0% ·fade | 12.21 |
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.