Surat, Gujarat-based telecom trading company distributing mobile phones and telecom/communication products; promoters bring over a decade of mobile-distribution experience; completed its IPO in FY2024-25.
Price
Market Cap
Sector
Services
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 5 | 5 | 6 | 6 | 9 | 12 | 12 | 12 |
| Reserves | 5 | 6 | 10 | 15 | 20 | 64 | 71 | 89 |
| Borrowings | 23 | 26 | 24 | 59 | 100 | 133 | 117 | 172 |
| Other Liabilities | 1 | 2 | 6 | 14 | 145 | 60 | 239 | 81 |
| Total Liabilities | 34 | 40 | 46 | 94 | 274 | 268 | 439 | 354 |
| AssetsFixed Assets | 2 | 2 | 2 | 1 | 2 | 2 | 2 | 2 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 2 | 2 | 4 | 9 | 23 | 11 | 40 | 11 |
| Other Assets | 29 | 36 | 40 | 83 | 249 | 256 | 397 | 341 |
| Total Assets | 34 | 40 | 46 | 94 | 274 | 268 | 439 | 354 |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | — | 2 | -5 | 7 | -26 | -51 | 15 |
| Cash from Investing | — | 0 | -2 | -5 | -13 | -3 | -7 |
| Cash from Financing | — | 2 | -2 | 30 | 33 | 58 | 29 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — |
| Free Cash Flow | — | 2 | -5 | 7 | -27 | -51 | 15 |
| 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 (10.3×) and current (9.1×) 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 10% growth and a 9× exit, ₹269 only delivers your return if you pay ₹184. The price is currently baking in 18% growth.
EPS grows 10%/yr for 5 years, then fades to 6% over 2, exits at 9×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 10.0% | 32.37 |
| FY28 | 10.0% | 35.61 |
| FY29 | 10.0% | 39.17 |
| FY30 | 10.0% | 43.09 |
| FY31 | 10.0% | 47.40 |
| FY32 | 8.0% ·fade | 51.19 |
| FY33 | 6.0% ·fade | 54.26 |
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.