Authorized Indian distributor of FOCE-branded watches, formerly Heighten Trading Company, now expanding via realty and digital-solutions subsidiaries.
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 4 | 4 | 5 | 5 | 5 | 5 | 5 | 12 |
| Reserves | 5 | 7 | 35 | 44 | 60 | 74 | 80 | 82 |
| Borrowings | 1 | 0 | 2 | 18 | 22 | 30 | 43 | 48 |
| Other Liabilities | 2 | 27 | 11 | 20 | 24 | 40 | 65 | 62 |
| Total Liabilities | 11 | 37 | 53 | 86 | 111 | 149 | 192 | 204 |
| AssetsFixed Assets | 0 | 0 | 4 | 58 | 57 | 73 | 1 | 3 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 9 | 0 | 0 | 1 | 76 | 77 |
| Other Assets | 11 | 37 | 40 | 29 | 53 | 76 | 116 | 124 |
| Total Assets | 11 | 37 | 53 | 86 | 111 | 149 | 192 | 204 |
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 3 | -9 | 45 | 0 | 15 | 1 |
| Cash from Investing | 0 | -14 | -44 | 0 | -16 | -7 |
| Cash from Financing | -1 | 20 | 0 | 0 | 0 | 5 |
| SummaryCapital Expenditure | — | — | — | — | — | — |
| Free Cash Flow | 3 | -10 | 45 | 0 | 15 | -1 |
| 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 (46.2×) and current (24.2×) 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 24× exit, ₹607 only delivers your return if you pay ₹417. The price is currently baking in 18% growth.
EPS grows 10%/yr for 5 years, then fades to 6% over 2, exits at 24×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 10.0% | 27.58 |
| FY28 | 10.0% | 30.33 |
| FY29 | 10.0% | 33.37 |
| FY30 | 10.0% | 36.70 |
| FY31 | 10.0% | 40.38 |
| FY32 | 8.0% ·fade | 43.61 |
| FY33 | 6.0% ·fade | 46.22 |
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.