Century-old manufacturer of MS, PCCP and BWSC pipes and joint-rings for water infrastructure projects.
Price
Market Cap
Sector
Industrials
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 10 | 10 | 10 | 10 | 11 | 11 | 11 | 11 |
| Reserves | 559 | 593 | 641 | 686 | 819 | 1.4k | 1.4k | 1.5k |
| Borrowings | 672 | 560 | 587 | 633 | 511 | 458 | 501 | 417 |
| Other Liabilities | 783 | 732 | 736 | 852 | 741 | 902 | 849 | 902 |
| Total Liabilities | 2.0k | 1.9k | 2.0k | 2.2k | 2.1k | 2.7k | 2.8k | 2.8k |
| AssetsFixed Assets | 142 | 126 | 127 | 114 | 115 | 153 | 150 | 147 |
| CWIP | 1 | 1 | 0 | 0 | 1 | 1 | 3 | 1 |
| Investments | 2 | 3 | 4 | 4 | 76 | 180 | 181 | 401 |
| Other Assets | 1.9k | 1.8k | 1.8k | 2.1k | 1.9k | 2.4k | 2.4k | 2.3k |
| Total Assets | 2.0k | 1.9k | 2.0k | 2.2k | 2.1k | 2.7k | 2.8k | 2.8k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -5 | -32 | 185 | 56 | 19 | 213 | 204 | 294 |
| Cash from Investing | -54 | -60 | -9 | -15 | 11 | -68 | -67 | -151 |
| Cash from Financing | 71 | 55 | -171 | -93 | -62 | -37 | -108 | -106 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | -44 | -76 | 182 | 52 | 17 | 210 | 697 | 345 |
| FCF Margin | — | — | — | — | — | — | — | — |
For capital-heavy businesses (telecom, power, heavy manufacturing) reported profit ignores the cash needed just to stand still. We'd systematically overvalue it, so we don't show a number.
INDIANHUME · CAPITAL_INTENSIVE
Guides on how to read this kind of business and the numbers that matter.