India's No.1 and world's No.2 gemological certification lab, grading diamonds, jewelry and colored stones.
Price
Market Cap
Sector
Services
Rank
| Line item | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 0 | 0 | 86 | 86 | 86 |
| Reserves | 339 | 509 | 976 | 1.2k | 1.3k |
| Borrowings | 27 | 31 | 145 | 132 | 143 |
| Other Liabilities | 43 | 64 | 296 | 183 | 203 |
| Total Liabilities | 409 | 603 | 1.5k | 1.6k | 1.8k |
| AssetsFixed Assets | 110 | 117 | 384 | 389 | 410 |
| CWIP | 0 | 20 | 36 | 45 | 59 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 299 | 466 | 1.1k | 1.1k | 1.3k |
| Total Assets | 409 | 603 | 1.5k | 1.6k | 1.8k |
| Line item | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| ActivitiesCash from Operating | 194 | 303 | 393 | 502 |
| Cash from Investing | -43 | -85 | -1.6k | -307 |
| Cash from Financing | -154 | -162 | 1.2k | -248 |
| SummaryCapital Expenditure | — | — | — | — |
| Free Cash Flow | 183 | 248 | 355 | 439 |
| 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 (28.2×) and current (25.2×) 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 29.1% growth and a 25× exit, ₹356 only delivers your return if you pay ₹593. The price is currently baking in 18% growth.
EPS grows 29.1%/yr for 5 years, then fades to 6% over 2, exits at 25×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 29.1% | 18.22 |
| FY28 | 29.1% | 23.52 |
| FY29 | 29.1% | 30.36 |
| FY30 | 29.1% | 39.20 |
| FY31 | 29.1% | 50.60 |
| FY32 | 17.6% ·fade | 59.48 |
| FY33 | 6.0% ·fade | 63.05 |
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.