Hyderabad-based maker of CNC and special-purpose machine tools, auto components (cylinder blocks/heads, forgings) and small arms for Indian defence forces.
Price
Market Cap
Sector
Industrials
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 18 | 18 | 18 | 18 | 18 | 19 | 20 | 20 |
| Reserves | 121 | 125 | 131 | 141 | 177 | 193 | 206 | 208 |
| Borrowings | 79 | 87 | 87 | 88 | 118 | 134 | 161 | 169 |
| Other Liabilities | 60 | 57 | 58 | 79 | 77 | 81 | 72 | 98 |
| Total Liabilities | 278 | 287 | 294 | 326 | 391 | 428 | 459 | 496 |
| AssetsFixed Assets | 100 | 116 | 117 | 122 | 171 | 204 | 208 | 205 |
| CWIP | 26 | 4 | 7 | 16 | 16 | 7 | 7 | 9 |
| Investments | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 |
| Other Assets | 151 | 164 | 169 | 187 | 202 | 216 | 242 | 281 |
| Total Assets | 278 | 287 | 294 | 326 | 391 | 428 | 459 | 496 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 31 | 11 | 9 | 23 | 32 | 17 | 21 | -13 |
| Cash from Investing | -10 | -2 | -4 | -11 | -22 | -60 | -37 | -16 |
| Cash from Financing | -21 | -9 | -5 | -12 | -10 | 42 | 16 | 29 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 22 | 8 | 8 | 11 | 8 | -42 | -16 | -29 |
| 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.
LOKESHMACH · CYCLICAL_UNMODELABLE
Guides on how to read this kind of business and the numbers that matter.