Reliance Group-owned cable TV MSO and broadband ISP operating a pan-India subscriber network.
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 354 | 354 | 354 | 354 | 354 | 354 | 354 | 354 |
| Reserves | 3.4k | 3.6k | 3.8k | 3.8k | 3.9k | 4.0k | 4.1k | 4.1k |
| Borrowings | 2.0k | 0 | 0 | 5 | 20 | 13 | 9 | 9 |
| Other Liabilities | 654 | 523 | 495 | 643 | 654 | 727 | 994 | 708 |
| Total Liabilities | 6.4k | 4.5k | 4.6k | 4.8k | 5.0k | 5.1k | 5.4k | 5.2k |
| AssetsFixed Assets | 1.6k | 1.6k | 1.6k | 1.6k | 1.5k | 1.4k | 1.3k | 1.3k |
| CWIP | 81 | 82 | 57 | 48 | 28 | 20 | 18 | 14 |
| Investments | 703 | 1.8k | 1.9k | 2.0k | 2.5k | 2.8k | 2.9k | 2.4k |
| Other Assets | 4.0k | 1.0k | 1.1k | 1.1k | 868 | 936 | 1.1k | 1.5k |
| Total Assets | 6.4k | 4.5k | 4.6k | 4.8k | 5.0k | 5.1k | 5.4k | 5.2k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 246 | 432 | 467 | 333 | 453 | -405 | 290 | 199 |
| Cash from Investing | -3.3k | 798 | 530 | -382 | -303 | 274 | -264 | -210 |
| Cash from Financing | 3.1k | -244 | -2.0k | 0 | 0 | -6 | -8 | -7 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | -33 | 64 | 30 | -47 | 62 | -624 | 94 | 25 |
| 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 (32.0×) and current (26.3×) 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.
At 8.1% growth and a 26× exit, ₹11 only delivers your return if you pay ₹7. The price is currently baking in 18% growth.
EPS grows 8.1%/yr for 5 years, then fades to 6% over 2, exits at 26×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 8.1% | 0.45 |
| FY28 | 8.1% | 0.49 |
| FY29 | 8.1% | 0.53 |
| FY30 | 8.1% | 0.57 |
| FY31 | 8.1% | 0.62 |
| FY32 | 7.1% ·fade | 0.66 |
| FY33 | 6.0% ·fade | 0.70 |
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.