Maharashtra-based manufacturer of rail friction materials, including railway brake blocks, from plants in Paithan and Bhandara.
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 |
| Reserves | 764 | 812 | 912 | 916 | 981 | 1.1k | 1.1k | 1.1k |
| Borrowings | 6 | 0 | 0 | 1 | 0 | 0 | 3 | 2 |
| Other Liabilities | 84 | 103 | 83 | 76 | 92 | 110 | 117 | 116 |
| Total Liabilities | 861 | 923 | 1.0k | 1.0k | 1.1k | 1.2k | 1.3k | 1.3k |
| AssetsFixed Assets | 122 | 116 | 113 | 111 | 138 | 134 | 135 | 151 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 4 | 6 | 0 |
| Investments | 625 | 687 | 796 | 807 | 872 | 962 | 1.0k | 1.0k |
| Other Assets | 113 | 120 | 94 | 82 | 72 | 96 | 86 | 108 |
| Total Assets | 861 | 923 | 1.0k | 1.0k | 1.1k | 1.2k | 1.3k | 1.3k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 5 | 4 | 9 | 22 | 16 | 40 | 30 | 21 |
| Cash from Investing | -3 | 3 | 0 | -13 | -21 | -35 | -18 | -30 |
| Cash from Financing | -3 | -1 | -9 | -3 | -2 | -4 | -3 | -4 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | -7 | -2 | 13 | 16 | 10 | 4 | 24 | -1 |
| 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.
HINDCOMPOS · CYCLICAL_UNMODELABLE
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