Pune-based Kalyani Group's alloy/special steel arm, running a 250,000 MT integrated plant in Karnataka.
Price
Market Cap
Sector
Industrials
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 |
| Reserves | 942 | 1.1k | 1.3k | 1.5k | 1.7k | 1.9k | 1.9k | 2.1k |
| Borrowings | 0 | 168 | 438 | 506 | 596 | 438 | 428 | 475 |
| Other Liabilities | 400 | 328 | 551 | 355 | 297 | 403 | 424 | 416 |
| Total Liabilities | 1.4k | 1.6k | 2.4k | 2.4k | 2.6k | 2.7k | 2.8k | 3.0k |
| AssetsFixed Assets | 418 | 382 | 358 | 599 | 734 | 678 | 652 | 627 |
| CWIP | 5 | 11 | 154 | 18 | 381 | 429 | 490 | 560 |
| Investments | 177 | 144 | 147 | 146 | 145 | 150 | 137 | 143 |
| Other Assets | 763 | 1.1k | 1.7k | 1.6k | 1.3k | 1.5k | 1.5k | 1.7k |
| Total Assets | 1.4k | 1.6k | 2.4k | 2.4k | 2.6k | 2.7k | 2.8k | 3.0k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 286 | 257 | 62 | 263 | -126 | 317 | 383 | 142 |
| Cash from Investing | -117 | -183 | -226 | -470 | 153 | -320 | -136 | -106 |
| Cash from Financing | -181 | -80 | 160 | 218 | -39 | 12 | -252 | -42 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 264 | 223 | 46 | 92 | -237 | -258 | 358 | 81 |
| 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 (12.9×) and current (15.8×) 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 14.9% growth and a 13× exit, ₹926 only delivers your return if you pay ₹670. The price is currently baking in 22% growth.
EPS grows 14.9%/yr for 5 years, then fades to 6% over 2, exits at 13×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 14.9% | 67.16 |
| FY28 | 14.9% | 77.17 |
| FY29 | 14.9% | 88.66 |
| FY30 | 14.9% | 101.87 |
| FY31 | 14.9% | 117.05 |
| FY32 | 10.4% ·fade | 129.29 |
| FY33 | 6.0% ·fade | 137.04 |
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.