35-year-old Indian manufacturer of power wires, XLPE/PVC cables, aerial bunched cables and AAAC/ACSR conductors for power distribution and transmission
Price
Market Cap
Sector
Industrials
Rank
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 3 | 3 | 3 | 19 | 19 | 19 | 19 |
| Reserves | 6 | 7 | 15 | 8 | 13 | 16 | 18 |
| Borrowings | 35 | 37 | 38 | 40 | 36 | 47 | 59 |
| Other Liabilities | 12 | 13 | 15 | 13 | 15 | 13 | 13 |
| Total Liabilities | 57 | 60 | 71 | 80 | 83 | 96 | 108 |
| AssetsFixed Assets | 6 | 5 | 6 | 5 | 6 | 6 | 6 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 51 | 54 | 65 | 75 | 77 | 90 | 102 |
| Total Assets | 57 | 60 | 71 | 80 | 83 | 96 | 108 |
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -5 | 3 | 0 | -5 | 12 | -16 |
| Cash from Investing | 0 | 0 | 0 | -1 | -1 | 0 |
| Cash from Financing | 3 | -4 | 0 | 5 | -11 | 17 |
| SummaryCapital Expenditure | — | — | — | — | — | — |
| Free Cash Flow | -5 | 3 | 1 | -5 | 10 | -17 |
| 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.
MARCO · CYCLICAL_UNMODELABLE
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