Vertically integrated eyewear retailer: owned stores, eye tests, manufacturing across India, Japan, SE Asia.
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 15 | 15 | 15 | 15 | 154 | 154 | 347 |
| Reserves | 2.4k | 3.1k | 5.8k | 6.0k | 6.4k | 6.6k | 8.8k |
| Borrowings | 30 | 34 | 620 | 287 | 1.4k | 1.5k | 1.8k |
| Other Liabilities | 346 | 642 | 1.3k | 1.5k | 773 | 915 | 1.1k |
| Total Liabilities | 2.8k | 3.8k | 7.7k | 7.8k | 8.7k | 9.2k | 12.0k |
| AssetsFixed Assets | 292 | 570 | 1.1k | 1.6k | 2.0k | 2.3k | 2.9k |
| CWIP | 3 | 130 | 129 | 70 | 106 | 62 | 109 |
| Investments | 851 | 1.1k | 3.3k | 3.5k | 4.2k | 4.2k | 4.7k |
| Other Assets | 1.7k | 2.0k | 3.1k | 2.6k | 2.4k | 2.6k | 4.4k |
| Total Assets | 2.8k | 3.8k | 7.7k | 7.8k | 8.7k | 9.2k | 12.0k |
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -120 | -140 | -52 | 161 | 366 | 1.0k |
| Cash from Investing | 100 | -500 | -2.9k | 253 | -279 | -2.7k |
| Cash from Financing | -4 | 628 | 3.0k | -373 | -48 | 1.8k |
| SummaryCapital Expenditure | — | — | — | — | — | — |
| Free Cash Flow | -209 | -369 | -370 | -120 | 109 | 381 |
| 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 (126.1×) and current (134.9×) 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 126× exit, ₹556 only delivers your return if you pay ₹360. The price is currently baking in 19% growth.
EPS grows 10%/yr for 5 years, then fades to 6% over 2, exits at 126×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 10.0% | 4.53 |
| FY28 | 10.0% | 4.99 |
| FY29 | 10.0% | 5.48 |
| FY30 | 10.0% | 6.03 |
| FY31 | 10.0% | 6.64 |
| FY32 | 8.0% ·fade | 7.17 |
| FY33 | 6.0% ·fade | 7.60 |
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.