Punjab-based manufacturer of rear axle shafts, spindles and drive shafts for global tractor and CV OEMs.
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 21 | 21 | 21 | 21 | 43 | 43 | 43 | 43 |
| Reserves | 425 | 496 | 574 | 693 | 759 | 857 | 899 | 962 |
| Borrowings | 194 | 197 | 222 | 203 | 213 | 259 | 203 | 218 |
| Other Liabilities | 180 | 245 | 225 | 252 | 203 | 206 | 301 | 298 |
| Total Liabilities | 821 | 960 | 1.0k | 1.2k | 1.2k | 1.4k | 1.4k | 1.5k |
| AssetsFixed Assets | 244 | 295 | 291 | 306 | 344 | 406 | 442 | 459 |
| CWIP | 61 | 0 | 0 | 12 | 8 | 0 | 10 | 35 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 515 | 665 | 751 | 853 | 866 | 959 | 994 | 1.0k |
| Total Assets | 821 | 960 | 1.0k | 1.2k | 1.2k | 1.4k | 1.4k | 1.5k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 72 | 119 | 33 | 41 | 105 | 98 | 92 | 214 |
| Cash from Investing | -88 | -123 | -28 | -46 | -66 | -86 | -111 | -155 |
| Cash from Financing | 16 | 4 | -5 | 4 | -39 | -13 | 26 | -66 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | -16 | 15 | 3 | -4 | 30 | 10 | -18 | 56 |
| 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 (14.1×) and current (16.5×) 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 -3.5% growth and a 14× exit, ₹507 only delivers your return if you pay ₹146. The price is currently baking in 21% growth.
EPS grows -3.5%/yr for 5 years, then fades to 6% over 2, exits at 14×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | -3.5% | 29.74 |
| FY28 | -3.5% | 28.70 |
| FY29 | -3.5% | 27.70 |
| FY30 | -3.5% | 26.73 |
| FY31 | -3.5% | 25.79 |
| FY32 | 1.2% ·fade | 26.11 |
| FY33 | 6.0% ·fade | 27.68 |
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.