Integrated basmati rice miller behind India Gate; also sells biryani masalas and edible oils in 90+ countries.
Price
Market Cap
Sector
Fast Moving Consumer Goods
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 24 | 24 | 24 | 24 | 23 | 23 | 23 | 23 |
| Reserves | 3.1k | 3.7k | 4.0k | 4.7k | 4.8k | 5.2k | 5.5k | 5.8k |
| Borrowings | 572 | 369 | 145 | 250 | 545 | 407 | 71 | 170 |
| Other Liabilities | 724 | 566 | 533 | 648 | 525 | 579 | 705 | 622 |
| Total Liabilities | 4.4k | 4.6k | 4.7k | 5.6k | 5.9k | 6.2k | 6.3k | 6.6k |
| AssetsFixed Assets | 979 | 947 | 924 | 899 | 903 | 922 | 927 | 1.3k |
| CWIP | 12 | 9 | 2 | 16 | 13 | 21 | 36 | 14 |
| Investments | 6 | 19 | 21 | 31 | 115 | 351 | 1.8k | 860 |
| Other Assets | 3.4k | 3.7k | 3.8k | 4.6k | 4.9k | 4.9k | 3.5k | 4.4k |
| Total Assets | 4.4k | 4.6k | 4.7k | 5.6k | 5.9k | 6.2k | 6.3k | 6.6k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -115 | 1.2k | 384 | 561 | -360 | 224 | 961 | 933 |
| Cash from Investing | 20 | -54 | -12 | -206 | 206 | -85 | -523 | -298 |
| Cash from Financing | 59 | -1.1k | -227 | -322 | 5 | -157 | -252 | -353 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | -136 | 1.2k | 343 | 520 | -419 | 141 | 866 | 866 |
| 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 (13.3×) and current (13.6×) 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 -2.5% growth and a 13× exit, ₹385 only delivers your return if you pay ₹132. The price is currently baking in 19% growth.
EPS grows -2.5%/yr for 5 years, then fades to 6% over 2, exits at 13×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | -2.5% | 27.61 |
| FY28 | -2.5% | 26.92 |
| FY29 | -2.5% | 26.25 |
| FY30 | -2.5% | 25.59 |
| FY31 | -2.5% | 24.95 |
| FY32 | 1.7% ·fade | 25.39 |
| FY33 | 6.0% ·fade | 26.91 |
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.