Pune-based maker of Traveller vans, Gurkha SUVs, and engines/axles for Mercedes-Benz and BMW in India.
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 |
| Reserves | 2.0k | 1.8k | 1.7k | 1.9k | 2.2k | 3.0k | 3.5k | 4.2k |
| Borrowings | 310 | 642 | 1.1k | 955 | 524 | 17 | 0 | 0 |
| Other Liabilities | 823 | 757 | 844 | 1.2k | 1.6k | 2.1k | 1.8k | 2.3k |
| Total Liabilities | 3.1k | 3.2k | 3.7k | 4.0k | 4.4k | 5.1k | 5.3k | 6.5k |
| AssetsFixed Assets | 1.4k | 1.2k | 2.0k | 2.1k | 2.0k | 2.0k | 2.1k | 2.2k |
| CWIP | 445 | 725 | 302 | 154 | 171 | 287 | 190 | 236 |
| Investments | 78 | 100 | 111 | 97 | 91 | 103 | 95 | 98 |
| Other Assets | 1.2k | 1.2k | 1.2k | 1.7k | 2.1k | 2.8k | 2.9k | 4.0k |
| Total Assets | 3.1k | 3.2k | 3.7k | 4.0k | 4.4k | 5.1k | 5.3k | 6.5k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 314 | 409 | 7 | 18 | 532 | 1.0k | 971 | 1.3k |
| Cash from Investing | -606 | -327 | -333 | -356 | -256 | -198 | -351 | -900 |
| Cash from Financing | 256 | -20 | 293 | 375 | -207 | -509 | -562 | -73 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | -183 | -49 | -445 | -315 | 274 | 810 | 606 | 761 |
| FCF Margin | — | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
FORCEMOT · CYCLICAL_UNMODELABLE
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