Manufactures steel tubes, pipes, hollow sections & coated coils across 6 plants in 4 Indian states.
Price
Market Cap
Sector
Industrials
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 11 | 11 | 12 | 13 | 15 | 20 | 20 | 20 |
| Reserves | 139 | 162 | 204 | 355 | 501 | 1.2k | 1.3k | 1.2k |
| Borrowings | 239 | 212 | 259 | 180 | 294 | 127 | 272 | 141 |
| Other Liabilities | 73 | 68 | 105 | 192 | 152 | 276 | 337 | 399 |
| Total Liabilities | 463 | 453 | 581 | 740 | 961 | 1.6k | 1.9k | 1.8k |
| AssetsFixed Assets | 134 | 145 | 180 | 226 | 290 | 312 | 394 | 504 |
| CWIP | 21 | 29 | 28 | 34 | 57 | 152 | 252 | 78 |
| Investments | 3 | 3 | 3 | 5 | 5 | 6 | 9 | 3 |
| Other Assets | 304 | 275 | 370 | 475 | 609 | 1.1k | 1.3k | 1.2k |
| Total Assets | 463 | 453 | 581 | 740 | 961 | 1.6k | 1.9k | 1.8k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 52 | 3 | 76 | 7 | 56 | -71 | 120 | 87 |
| Cash from Investing | -31 | -31 | -27 | -41 | -79 | -125 | -496 | -74 |
| Cash from Financing | -20 | 28 | -49 | 35 | 24 | 196 | 407 | -25 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 27 | -26 | 48 | -34 | -7 | -171 | -14 | -32 |
| 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 (30.1×) and current (29.3×) 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 22.9% growth and a 29× exit, ₹93 only delivers your return if you pay ₹117. The price is currently baking in 18% growth.
EPS grows 22.9%/yr for 5 years, then fades to 6% over 2, exits at 29×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 22.9% | 3.88 |
| FY28 | 22.9% | 4.77 |
| FY29 | 22.9% | 5.87 |
| FY30 | 22.9% | 7.21 |
| FY31 | 22.9% | 8.86 |
| FY32 | 14.4% ·fade | 10.14 |
| FY33 | 6.0% ·fade | 10.75 |
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.