Tamil Nadu-based processor of Chana (Bengal Gram) into Fried Gram, Besan and Gram Flour, with a ~13% share of the Indian Fried Gram market.
Price
Market Cap
Sector
Fast Moving Consumer Goods
Rank
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 0 | 1 | 1 | 18 | 24 | 24 | 24 |
| Reserves | 31 | 57 | 65 | 63 | 144 | 155 | 157 |
| Borrowings | 54 | 33 | 92 | 96 | 71 | 76 | 69 |
| Other Liabilities | 15 | 9 | 11 | 16 | 16 | 23 | 25 |
| Total Liabilities | 101 | 99 | 168 | 192 | 254 | 277 | 275 |
| AssetsFixed Assets | 23 | 25 | 36 | 64 | 74 | 88 | 69 |
| CWIP | 0 | 1 | 18 | 0 | 0 | 0 | 17 |
| Investments | 0 | 0 | 0 | 0 | 15 | 16 | 16 |
| Other Assets | 77 | 73 | 114 | 128 | 166 | 174 | 174 |
| Total Assets | 101 | 99 | 168 | 192 | 254 | 277 | 275 |
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 11 | 8 | -31 | -11 | 1 | 21 |
| Cash from Investing | -27 | -6 | -18 | 9 | -30 | -13 |
| Cash from Financing | 16 | -3 | 55 | -4 | 31 | -10 |
| SummaryCapital Expenditure | — | — | — | — | — | — |
| Free Cash Flow | 11 | 3 | -61 | -26 | -14 | 5 |
| 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 (3.0×) and current (3.9×) 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 3× exit, ₹29 only delivers your return if you pay ₹16. The price is currently baking in 23% growth.
EPS grows 10%/yr for 5 years, then fades to 6% over 2, exits at 3×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 10.0% | 8.29 |
| FY28 | 10.0% | 9.12 |
| FY29 | 10.0% | 10.04 |
| FY30 | 10.0% | 11.04 |
| FY31 | 10.0% | 12.14 |
| FY32 | 8.0% ·fade | 13.11 |
| FY33 | 6.0% ·fade | 13.90 |
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.