L&T subsidiary; India's largest pure-play engineering R&D services firm across Mobility, Sustainability, Tech.
Price
Market Cap
Sector
Information Technology
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 |
| Reserves | 2.7k | 3.5k | 4.1k | 4.9k | 5.3k | 6.1k | 6.2k | 6.5k |
| Borrowings | 30 | 480 | 477 | 454 | 659 | 578 | 630 | 578 |
| Other Liabilities | 1.5k | 1.1k | 1.4k | 1.5k | 2.5k | 3.0k | 2.9k | 3.4k |
| Total Liabilities | 4.3k | 5.1k | 6.1k | 6.9k | 8.5k | 9.6k | 9.7k | 10.5k |
| AssetsFixed Assets | 1.2k | 1.3k | 1.3k | 1.3k | 1.6k | 2.2k | 2.3k | 2.3k |
| CWIP | 9 | 12 | 10 | 6 | 13 | 28 | 8 | 12 |
| Investments | 642 | 1.5k | 1.5k | 2.3k | 1.5k | 1.3k | 1.4k | 1.9k |
| Other Assets | 2.5k | 2.3k | 3.3k | 3.3k | 5.4k | 6.0k | 6.0k | 6.3k |
| Total Assets | 4.3k | 5.1k | 6.1k | 6.9k | 8.5k | 9.6k | 9.7k | 10.5k |
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 (37.6×) and current (26.8×) 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 1.8% growth and a 27× exit, ₹3331 only delivers your return if you pay ₹1,522. The price is currently baking in 17% growth.
EPS grows 1.8%/yr for 5 years, then fades to 6% over 2, exits at 27×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 1.8% | 126.75 |
| FY28 | 1.8% | 129.03 |
| FY29 | 1.8% | 131.36 |
| FY30 | 1.8% | 133.72 |
| FY31 | 1.8% | 136.13 |
| FY32 | 3.9% ·fade | 141.44 |
| FY33 | 6.0% ·fade | 149.92 |
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.