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    Gayatri Rubbers

    Faridabad (Haryana) manufacturer of rubber, polymer and PVC components — a Class-1 vendor to Indian Railways, sole-source smart-meter gasket supplier, and supplier to automotive, architectural and industrial customers.

    Capital Goods
    Industrials
    View GRCL earnings calls

    Overview

    Price

    Market Cap

    ₹342 Cr

    Sector

    Capital Goods

    Industrials

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY23FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital466666
    Reserves04681114
    Borrowings201177
    Other Liabilities311555
    Total Liabilities91113202832
    AssetsFixed Assets112235
    CWIP000000
    Investments000000
    Other Assets8911172526
    Total Assets91113202832

    Valuation

    Assumptions

    Current — GRCL
    Price
    ₹518
    EPS (TTM)
    ₹14.68
    PE (TTM)
    35.3
    Profit growth

    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 (52.2×) and current (35.3×) 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.

    Valuation

    Current price
    ₹518
    vs
    Fair value · 15% return
    ₹356
    31%Overvalued

    At 10% growth and a 35× exit, ₹518 only delivers your return if you pay ₹356. The price is currently baking in 18% growth.

    EPS grows 10%/yr for 5 years, then fades to 6% over 2, exits at 35×.

    YearGrowthEPS (₹)
    FY2710.0%16.15
    FY2810.0%17.76
    FY2910.0%19.54
    FY3010.0%21.49
    FY3110.0%23.64
    FY328.0% ·fade25.53
    FY336.0% ·fade27.07

    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.

    Learn to analyse Gayatri Rubbers

    Guides on how to read this kind of business and the numbers that matter.