Pune-based auto-component maker of gearboxes, shafts, axles and chassis/body parts for ICE and EV two/three-wheelers and commercial vehicles, with EV subsidiaries in motors, batteries and electric scooters.
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY06 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 4 | 20 | 22 | 23 | 24 | 27 |
| Reserves | -30 | -11 | 17 | 80 | 85 | 122 |
| Borrowings | 205 | 76 | 58 | 61 | 72 | 71 |
| Other Liabilities | 180 | 72 | 79 | 72 | 72 | 74 |
| Total Liabilities | 360 | 157 | 176 | 237 | 254 | 293 |
| AssetsFixed Assets | 131 | 65 | 64 | 58 | 61 | 103 |
| CWIP | 0 | 2 | 5 | 36 | 53 | 22 |
| Investments | 8 | 5 | 9 | 4 | 4 | 4 |
| Other Assets | 220 | 86 | 99 | 139 | 136 | 165 |
| Total Assets | 360 | 157 | 176 | 237 | 254 | 293 |
| Line item | FY06 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ActivitiesCash from Operating | — | 15 | 11 | -22 | -19 |
| Cash from Investing | — | -4 | -5 | -17 | -31 |
| Cash from Financing | — | -8 | 0 | 66 | 52 |
| SummaryCapital Expenditure | — | — | — | — | — |
| Free Cash Flow | — | 10 | 10 | -44 | -51 |
| FCF Margin | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
KINETICENG · CYCLICAL_UNMODELABLE
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