Kolkata-based manufacturer of induction heating/melting equipment and transformers for steel, foundry and renewable-energy customers, exported to 50+ countries.
Price
Market Cap
Sector
Industrials
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 9 | 9 | 9 | 9 | 19 | 19 | 19 | 19 |
| Reserves | 23 | 26 | 27 | 41 | 102 | 123 | 135 | 146 |
| Borrowings | 42 | 43 | 40 | 43 | 36 | 33 | 35 | 49 |
| Other Liabilities | 50 | 68 | 96 | 99 | 114 | 112 | 119 | 130 |
| Total Liabilities | 124 | 146 | 173 | 192 | 270 | 287 | 308 | 344 |
| AssetsFixed Assets | 44 | 43 | 40 | 58 | 64 | 77 | 77 | 86 |
| CWIP | 0 | 0 | 2 | 1 | 0 | 1 | 3 | 3 |
| Investments | 0 | 0 | 0 | 0 | 7 | 6 | 0 | 2 |
| Other Assets | 80 | 103 | 131 | 133 | 199 | 203 | 228 | 253 |
| Total Assets | 124 | 146 | 173 | 192 | 270 | 287 | 308 | 344 |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 4 | 14 | 17 | 26 | 23 | 16 | 5 |
| Cash from Investing | -3 | -5 | -3 | -20 | -37 | -20 | 12 |
| Cash from Financing | 0 | -6 | -7 | -3 | 36 | -10 | 13 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — |
| Free Cash Flow | 1 | 13 | 16 | 7 | 10 | -3 | -11 |
| 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 (11.4×) and current (8.9×) 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, ₹194 only delivers your return if you pay ₹136. The price is currently baking in 17% growth.
EPS grows 10%/yr for 5 years, then fades to 6% over 2, exits at 9×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 10.0% | 23.93 |
| FY28 | 10.0% | 26.32 |
| FY29 | 10.0% | 28.95 |
| FY30 | 10.0% | 31.84 |
| FY31 | 10.0% | 35.03 |
| FY32 | 8.0% ·fade | 37.83 |
| FY33 | 6.0% ·fade | 40.10 |
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.