Kolkata-based branded writing-instrument maker (Linc, Pentonic, Swype) with integrated factories in Gujarat and West Bengal, selling pens, gel pens, markers and stationery across India and 40+ export countries.
Price
Market Cap
Sector
Fast Moving Consumer Goods
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 15 | 15 | 15 | 15 | 15 | 30 | 30 | 30 |
| Reserves | 122 | 120 | 128 | 162 | 188 | 204 | 212 | 231 |
| Borrowings | 47 | 9 | 3 | 1 | 19 | 20 | 21 | 20 |
| Other Liabilities | 61 | 57 | 55 | 59 | 75 | 76 | 78 | 69 |
| Total Liabilities | 245 | 200 | 202 | 237 | 296 | 330 | 341 | 350 |
| AssetsFixed Assets | 76 | 68 | 81 | 89 | 111 | 110 | 110 | 103 |
| CWIP | 3 | 3 | 1 | 1 | 9 | 15 | 21 | 34 |
| Investments | 0 | 0 | 0 | 0 | 0 | 10 | 15 | 15 |
| Other Assets | 167 | 129 | 119 | 147 | 176 | 196 | 195 | 198 |
| Total Assets | 245 | 200 | 202 | 237 | 296 | 330 | 341 | 350 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 33 | 38 | 47 | 20 | 43 | 38 | 57 | 33 |
| Cash from Investing | -17 | -14 | -4 | -14 | -29 | -23 | -35 | -33 |
| Cash from Financing | -17 | -25 | -43 | -6 | -7 | -10 | -10 | -12 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 16 | 25 | 43 | 6 | 19 | 12 | 41 | 5 |
| 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 (40.2×) and current (27.0×) 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 27× exit, ₹108 only delivers your return if you pay ₹75. The price is currently baking in 18% growth.
EPS grows 10%/yr for 5 years, then fades to 6% over 2, exits at 27×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 10.0% | 4.40 |
| FY28 | 10.0% | 4.84 |
| FY29 | 10.0% | 5.32 |
| FY30 | 10.0% | 5.86 |
| FY31 | 10.0% | 6.44 |
| FY32 | 8.0% ·fade | 6.96 |
| FY33 | 6.0% ·fade | 7.37 |
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.