Mumbai-based forging company making crankshafts, shafts and machined components, now diversifying into forged railway wheels and wheel-set assemblies (incl. Vande Bharat LHB wheels).
Price
Market Cap
Sector
Industrials
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 12 | 12 | 12 | 21 | 21 | 23 | 23 | 35 |
| Reserves | 50 | 31 | 32 | 68 | 79 | 92 | 94 | 116 |
| Borrowings | 45 | 57 | 60 | 53 | 54 | 63 | 67 | 50 |
| Other Liabilities | 42 | 13 | 9 | 27 | 31 | 42 | 50 | 35 |
| Total Liabilities | 149 | 113 | 114 | 169 | 185 | 221 | 234 | 236 |
| AssetsFixed Assets | 33 | 33 | 31 | 29 | 27 | 24 | 29 | 25 |
| CWIP | 0 | 0 | 8 | 15 | 21 | 25 | 22 | 23 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 116 | 80 | 75 | 126 | 137 | 171 | 184 | 188 |
| Total Assets | 149 | 113 | 114 | 169 | 185 | 221 | 234 | 236 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 2 | 4 | 0 | 9 | -24 | 10 | 3 | -27 |
| Cash from Investing | 0 | 0 | -2 | -9 | 33 | -2 | 11 | 33 |
| Cash from Financing | -2 | -3 | 1 | -1 | -9 | -8 | -9 | -6 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 2 | 4 | -2 | 1 | -30 | 3 | 2 | -28 |
| FCF Margin | — | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
HILTON · CYCLICAL_UNMODELABLE
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