Manufactures structural & GI steel tubes/pipes across 5 plants (~9.36 lakh MTPA capacity), exporting to 20+ countries.
Price
Market Cap
Sector
Industrials
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 11 | 11 | 13 | 17 | 35 | 39 | 39 | 39 |
| Reserves | 51 | 86 | 184 | 390 | 739 | 1.2k | 1.2k | 1.3k |
| Borrowings | 58 | 63 | 94 | 105 | 20 | 53 | 150 | 203 |
| Other Liabilities | 22 | 49 | 47 | 49 | 49 | 43 | 106 | 56 |
| Total Liabilities | 141 | 209 | 339 | 562 | 843 | 1.3k | 1.5k | 1.6k |
| AssetsFixed Assets | 24 | 28 | 49 | 65 | 106 | 189 | 193 | 221 |
| CWIP | 0 | 0 | 3 | 4 | 6 | 63 | 116 | 154 |
| Investments | 0 | 0 | 12 | 16 | 6 | 11 | 50 | 62 |
| Other Assets | 117 | 181 | 275 | 476 | 725 | 1.1k | 1.1k | 1.1k |
| Total Assets | 141 | 209 | 339 | 562 | 843 | 1.3k | 1.5k | 1.6k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -5 | -20 | -5 | 17 | 7 | -24 | -215 | -10 |
| Cash from Investing | -13 | -6 | -8 | -34 | -23 | -90 | -210 | -156 |
| Cash from Financing | 18 | 27 | 12 | 17 | 66 | 171 | 384 | 133 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | -17 | -26 | -11 | -5 | -11 | -121 | -364 | -131 |
| 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 (32.4×) and current (34.4×) 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 -0.7% growth and a 32× exit, ₹79 only delivers your return if you pay ₹29. The price is currently baking in 19% growth.
EPS grows -0.7%/yr for 5 years, then fades to 6% over 2, exits at 32×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | -0.7% | 2.28 |
| FY28 | -0.7% | 2.27 |
| FY29 | -0.7% | 2.25 |
| FY30 | -0.7% | 2.24 |
| FY31 | -0.7% | 2.22 |
| FY32 | 2.7% ·fade | 2.28 |
| FY33 | 6.0% ·fade | 2.42 |
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.