Southern India dairy major processing milk from 300,000+ farmers into VAP, ice-cream and ghee via 18 plants.
Price
Market Cap
Sector
Fast Moving Consumer Goods
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 23 | 23 | 23 | 46 | 46 | 46 | 46 | 46 |
| Reserves | 436 | 573 | 634 | 679 | 762 | 926 | 997 | 1.1k |
| Borrowings | 306 | 64 | 19 | 168 | 132 | 175 | 220 | 361 |
| Other Liabilities | 223 | 219 | 226 | 231 | 341 | 412 | 399 | 485 |
| Total Liabilities | 988 | 879 | 903 | 1.1k | 1.3k | 1.6k | 1.7k | 1.9k |
| AssetsFixed Assets | 481 | 580 | 579 | 622 | 704 | 748 | 808 | 1.2k |
| CWIP | 77 | 18 | 8 | 20 | 20 | 68 | 159 | 50 |
| Investments | 152 | 13 | 18 | 15 | 140 | 196 | 261 | 186 |
| Other Assets | 278 | 267 | 298 | 469 | 416 | 547 | 434 | 550 |
| Total Assets | 988 | 879 | 903 | 1.1k | 1.3k | 1.6k | 1.7k | 1.9k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 148 | 117 | 174 | 148 | -61 | 390 | 214 | 237 |
| Cash from Investing | -133 | -97 | 69 | -42 | -83 | -252 | -229 | -375 |
| Cash from Financing | -3 | -22 | -191 | -93 | 126 | -76 | 1 | 138 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 24 | 8 | 108 | 106 | -140 | 267 | 42 | -142 |
| 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 (26.5×) and current (22.8×) 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 37.6% growth and a 23× exit, ₹330 only delivers your return if you pay ₹798. The price is currently baking in 17% growth.
EPS grows 37.6%/yr for 5 years, then fades to 6% over 2, exits at 23×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 37.6% | 19.95 |
| FY28 | 37.6% | 27.45 |
| FY29 | 37.6% | 37.78 |
| FY30 | 37.6% | 51.98 |
| FY31 | 37.6% | 71.53 |
| FY32 | 21.8% ·fade | 87.12 |
| FY33 | 6.0% ·fade | 92.34 |
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.