Tier-1 maker of ignition systems, sensors, controllers and EV parts for two- and three-wheelers.
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
| Reserves | 408 | 440 | 494 | 549 | 612 | 700 | 773 | 810 |
| Borrowings | 5 | 5 | 4 | 4 | 3 | 2 | 2 | 2 |
| Other Liabilities | 105 | 137 | 132 | 154 | 211 | 226 | 240 | 244 |
| Total Liabilities | 529 | 593 | 641 | 718 | 837 | 939 | 1.0k | 1.1k |
| AssetsFixed Assets | 81 | 91 | 130 | 134 | 143 | 154 | 154 | 173 |
| CWIP | 13 | 34 | 5 | 13 | 13 | 4 | 12 | 7 |
| Investments | 262 | 261 | 278 | 355 | 432 | 472 | 517 | 532 |
| Other Assets | 173 | 207 | 228 | 215 | 249 | 308 | 343 | 355 |
| Total Assets | 529 | 593 | 641 | 718 | 837 | 939 | 1.0k | 1.1k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 36 | 52 | 38 | 7 | 57 | 63 | 50 | 40 |
| Cash from Investing | -17 | -7 | -34 | 28 | -46 | -39 | -12 | -18 |
| Cash from Financing | -18 | -38 | -15 | -15 | -22 | -25 | -30 | -36 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 21 | 45 | 1 | 4 | 32 | 39 | 26 | 14 |
| 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 (21.0×) and current (18.6×) 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 31.3% growth and a 19× exit, ₹914 only delivers your return if you pay ₹1,723. The price is currently baking in 17% growth.
EPS grows 31.3%/yr for 5 years, then fades to 6% over 2, exits at 19×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 31.3% | 64.53 |
| FY28 | 31.3% | 84.73 |
| FY29 | 31.3% | 111.25 |
| FY30 | 31.3% | 146.08 |
| FY31 | 31.3% | 191.80 |
| FY32 | 18.6% ·fade | 227.57 |
| FY33 | 6.0% ·fade | 241.22 |
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.