Vadodara-based maker of cryogenic equipment - LNG tanks, industrial gas storage, beverage kegs and cryo-scientific systems - sold in 100+ countries.
Price
Market Cap
Sector
Industrials
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 9 | 9 | 18 | 18 | 18 | 18 | 18 | 18 |
| Reserves | 270 | 362 | 484 | 531 | 631 | 856 | 962 | 1.1k |
| Borrowings | 145 | 68 | 55 | 9 | 16 | 43 | 99 | 81 |
| Other Liabilities | 205 | 248 | 340 | 589 | 558 | 737 | 816 | 813 |
| Total Liabilities | 629 | 687 | 897 | 1.1k | 1.2k | 1.7k | 1.9k | 2.0k |
| AssetsFixed Assets | 110 | 102 | 134 | 164 | 255 | 359 | 393 | 428 |
| CWIP | 0 | 2 | 2 | 0 | 5 | 4 | 5 | 4 |
| Investments | 80 | 25 | 312 | 249 | 247 | 267 | 277 | 297 |
| Other Assets | 439 | 558 | 449 | 734 | 716 | 1.0k | 1.2k | 1.3k |
| Total Assets | 629 | 687 | 897 | 1.1k | 1.2k | 1.7k | 1.9k | 2.0k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 85 | 188 | 231 | 97 | 177 | 122 | 122 | 117 |
| Cash from Investing | 136 | -28 | -152 | -72 | -13 | -26 | -141 | -110 |
| Cash from Financing | -186 | -168 | -96 | -26 | -154 | -103 | 17 | 5 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 70 | 175 | 225 | 53 | 132 | 32 | -3 | 11 |
| 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 (45.8×) and current (67.5×) 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 14.7% growth and a 46× exit, ₹1918 only delivers your return if you pay ₹1,141. The price is currently baking in 26% growth.
EPS grows 14.7%/yr for 5 years, then fades to 6% over 2, exits at 46×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 14.7% | 32.59 |
| FY28 | 14.7% | 37.38 |
| FY29 | 14.7% | 42.87 |
| FY30 | 14.7% | 49.17 |
| FY31 | 14.7% | 56.40 |
| FY32 | 10.3% ·fade | 62.24 |
| FY33 | 6.0% ·fade | 65.97 |
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.