Fully integrated diamond jewellery manufacturer-exporter and owner of ORIGEM, India's lab-grown-diamond retail brand.
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 22 | 22 | 22 | 22 | 21 | 21 | 23 | 23 |
| Reserves | 199 | 223 | 218 | 250 | 261 | 308 | 999 | 518 |
| Borrowings | 4 | 10 | 1 | 1 | 1 | 24 | 24 | 75 |
| Other Liabilities | 33 | 67 | 52 | 77 | 72 | 98 | 140 | 107 |
| Total Liabilities | 258 | 322 | 293 | 350 | 355 | 452 | 1.2k | 723 |
| AssetsFixed Assets | 17 | 27 | 27 | 25 | 24 | 43 | 63 | 79 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 148 | 173 | 111 | 105 | 100 | 90 | 143 | 157 |
| Other Assets | 94 | 122 | 155 | 219 | 230 | 319 | 979 | 487 |
| Total Assets | 258 | 322 | 293 | 350 | 355 | 452 | 1.2k | 723 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 40 | 47 | 48 | -8 | -3 | 14 | 43 | -28 |
| Cash from Investing | 5 | -13 | -14 | 90 | 29 | 23 | 17 | -71 |
| Cash from Financing | -33 | -35 | -8 | -80 | -28 | -54 | -13 | 172 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 38 | 45 | 36 | -10 | -3 | 13 | 37 | -42 |
| 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 (68.2×) and current (139.6×) 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 -14.5% growth and a 68× exit, ₹475 only delivers your return if you pay ₹40. The price is currently baking in 34% growth.
EPS grows -14.5%/yr for 5 years, then fades to 6% over 2, exits at 68×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | -14.5% | 2.91 |
| FY28 | -14.5% | 2.49 |
| FY29 | -14.5% | 2.13 |
| FY30 | -14.5% | 1.82 |
| FY31 | -14.5% | 1.55 |
| FY32 | -4.3% ·fade | 1.49 |
| FY33 | 6.0% ·fade | 1.58 |
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.