Ghaziabad-based manufacturer of lithium-ion battery packs for e-scooters, e-rickshaws, e-cycles and energy storage systems, expanding into battery recycling.
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 0 | 0 | 8 | 11 | 11 | 11 |
| Reserves | 0 | 0 | 4 | 58 | 71 | 93 |
| Borrowings | 2 | 3 | 6 | 10 | 41 | 85 |
| Other Liabilities | 1 | 7 | 14 | 17 | 31 | 35 |
| Total Liabilities | 4 | 10 | 32 | 96 | 153 | 225 |
| AssetsFixed Assets | 1 | 1 | 1 | 4 | 5 | 19 |
| CWIP | 0 | 0 | 0 | 0 | 11 | 13 |
| Investments | 0 | 0 | 1 | 27 | 29 | 23 |
| Other Assets | 3 | 10 | 30 | 65 | 109 | 169 |
| Total Assets | 4 | 10 | 32 | 96 | 153 | 225 |
| Line item | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ActivitiesCash from Operating | -2 | 0 | -8 | -45 | -29 |
| Cash from Investing | -1 | 0 | -1 | -3 | -30 |
| Cash from Financing | 2 | 0 | 8 | 49 | 84 |
| SummaryCapital Expenditure | — | — | — | — | — |
| Free Cash Flow | -2 | 0 | -8 | -48 | -59 |
| 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 (9.1×) and current (12.1×) 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 9× exit, ₹397 only delivers your return if you pay ₹205. The price is currently baking in 24% growth.
EPS grows 10%/yr for 5 years, then fades to 6% over 2, exits at 9×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 10.0% | 36.17 |
| FY28 | 10.0% | 39.78 |
| FY29 | 10.0% | 43.76 |
| FY30 | 10.0% | 48.14 |
| FY31 | 10.0% | 52.95 |
| FY32 | 8.0% ·fade | 57.19 |
| FY33 | 6.0% ·fade | 60.62 |
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.