Top Indian FMCG contract manufacturer, making HPC, food, ice cream, beverage, OTC & footwear for brands.
Price
Market Cap
Sector
Fast Moving Consumer Goods
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 21 | 21 | 23 | 23 | 23 | 24 | 24 | 24 |
| Reserves | 165 | 199 | 281 | 352 | 623 | 868 | 1.0k | 1.1k |
| Borrowings | 165 | 218 | 350 | 516 | 727 | 892 | 901 | 1.1k |
| Other Liabilities | 188 | 256 | 331 | 445 | 552 | 699 | 852 | 920 |
| Total Liabilities | 539 | 694 | 984 | 1.3k | 1.9k | 2.5k | 2.8k | 3.2k |
| AssetsFixed Assets | 250 | 271 | 427 | 554 | 908 | 1.0k | 1.2k | 1.3k |
| CWIP | 26 | 53 | 87 | 125 | 9 | 120 | 52 | 150 |
| Investments | 2 | 0 | 0 | 0 | 0 | 0 | 5 | 5 |
| Other Assets | 261 | 370 | 470 | 656 | 1.0k | 1.4k | 1.6k | 1.7k |
| Total Assets | 539 | 694 | 984 | 1.3k | 1.9k | 2.5k | 2.8k | 3.2k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -5 | 17 | 74 | 36 | 99 | 87 | 114 | 100 |
| Cash from Investing | -40 | -145 | -92 | -139 | -220 | -381 | -289 | -339 |
| Cash from Financing | 43 | 153 | 34 | 91 | 128 | 298 | 209 | 196 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | -46 | -111 | -5 | -104 | -65 | -46 | -118 | -225 |
| 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 (59.6×) and current (44.2×) 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 27.7% growth and a 44× exit, ₹545 only delivers your return if you pay ₹858. The price is currently baking in 18% growth.
EPS grows 27.7%/yr for 5 years, then fades to 6% over 2, exits at 44×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 27.7% | 15.75 |
| FY28 | 27.7% | 20.11 |
| FY29 | 27.7% | 25.68 |
| FY30 | 27.7% | 32.79 |
| FY31 | 27.7% | 41.87 |
| FY32 | 16.8% ·fade | 48.93 |
| FY33 | 6.0% ·fade | 51.86 |
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.