Rajkot, Gujarat FMCG maker of ethnic Indian snacks; India's largest manufacturer of gathiya and snack pellets
Price
Market Cap
Sector
Fast Moving Consumer Goods
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 1 | 1 | 1 | 12 | 12 | 12 | 12 | 12 |
| Reserves | 121 | 135 | 177 | 278 | 378 | 392 | 421 | 466 |
| Borrowings | 71 | 141 | 166 | 108 | 67 | 67 | 65 | 154 |
| Other Liabilities | 58 | 65 | 56 | 63 | 81 | 65 | 66 | 82 |
| Total Liabilities | 252 | 342 | 400 | 461 | 539 | 537 | 565 | 715 |
| AssetsFixed Assets | 155 | 175 | 213 | 238 | 229 | 228 | 246 | 306 |
| CWIP | 8 | 43 | 47 | 10 | 13 | 46 | 62 | 78 |
| Investments | 2 | 1 | 2 | 2 | 0 | 0 | 0 | 0 |
| Other Assets | 86 | 123 | 138 | 211 | 297 | 263 | 256 | 331 |
| Total Assets | 252 | 342 | 400 | 461 | 539 | 537 | 565 | 715 |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 56 | 22 | 59 | 122 | 69 | 68 | 46 |
| Cash from Investing | -40 | -76 | -74 | -50 | -5 | -82 | -126 |
| Cash from Financing | -16 | 58 | 12 | -69 | -44 | -10 | 80 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — |
| Free Cash Flow | 19 | -53 | -14 | 96 | 39 | -15 | -80 |
| 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 (53.9×) and current (100.7×) 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 -42.3% growth and a 54× exit, ₹266 only delivers your return if you pay ₹3. The price is currently baking in 32% growth.
EPS grows -42.3%/yr for 5 years, then fades to 6% over 2, exits at 54×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | -42.3% | 1.52 |
| FY28 | -42.3% | 0.88 |
| FY29 | -42.3% | 0.51 |
| FY30 | -42.3% | 0.29 |
| FY31 | -42.3% | 0.17 |
| FY32 | -18.1% ·fade | 0.14 |
| FY33 | 6.0% ·fade | 0.15 |
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.