Integrated steel maker with captive iron ore mines, pellets, sponge iron and captive power in Chhattisgarh.
Price
Market Cap
Sector
Industrials
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 34 | 34 | 66 | 65 | 62 | 61 | 61 | 62 |
| Reserves | 1.3k | 2.0k | 3.2k | 3.8k | 4.4k | 4.8k | 5.2k | 5.7k |
| Borrowings | 1.7k | 896 | 428 | 317 | 52 | 309 | 192 | 443 |
| Other Liabilities | 407 | 542 | 1.1k | 937 | 998 | 942 | 834 | 1.0k |
| Total Liabilities | 3.5k | 3.5k | 4.9k | 5.2k | 5.5k | 6.2k | 6.3k | 7.3k |
| AssetsFixed Assets | 2.3k | 2.0k | 1.5k | 2.1k | 2.4k | 2.7k | 2.7k | 3.4k |
| CWIP | 137 | 137 | 643 | 443 | 433 | 432 | 652 | 470 |
| Investments | 123 | 277 | 239 | 242 | 222 | 471 | 397 | 391 |
| Other Assets | 951 | 1.0k | 2.5k | 2.4k | 2.5k | 2.5k | 2.5k | 3.0k |
| Total Assets | 3.5k | 3.5k | 4.9k | 5.2k | 5.5k | 6.2k | 6.3k | 7.3k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 550 | 551 | 969 | 1.3k | 962 | 1.0k | 895 | 1.2k |
| Cash from Investing | -66 | -150 | -62 | -1.1k | -220 | -754 | -436 | -1.3k |
| Cash from Financing | -491 | -401 | -900 | -233 | -246 | -679 | -250 | 156 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 474 | 387 | 929 | 724 | 513 | 626 | 361 | 76 |
| 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 (14.9×) and current (20.4×) 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 0.3% growth and a 15× exit, ₹244 only delivers your return if you pay ₹75. The price is currently baking in 24% growth.
EPS grows 0.3%/yr for 5 years, then fades to 6% over 2, exits at 15×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 0.3% | 11.99 |
| FY28 | 0.3% | 12.02 |
| FY29 | 0.3% | 12.06 |
| FY30 | 0.3% | 12.09 |
| FY31 | 0.3% | 12.13 |
| FY32 | 3.1% ·fade | 12.51 |
| FY33 | 6.0% ·fade | 13.26 |
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.