India's sole titanium-alloy maker; special steels, superalloys & armour for defence, aerospace and space.
Price
Market Cap
Sector
Industrials
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 187 | 187 | 187 | 187 | 187 | 187 | 187 | 187 |
| Reserves | 771 | 885 | 1.0k | 1.1k | 1.1k | 1.2k | 1.3k | 1.3k |
| Borrowings | 134 | 160 | 360 | 489 | 433 | 350 | 338 | 407 |
| Other Liabilities | 1.3k | 1.2k | 1.2k | 1.1k | 1.2k | 1.1k | 1.2k | 1.3k |
| Total Liabilities | 2.4k | 2.5k | 2.8k | 2.9k | 2.9k | 2.9k | 2.9k | 3.2k |
| AssetsFixed Assets | 441 | 429 | 938 | 1.0k | 1.0k | 1.1k | 1.1k | 1.1k |
| CWIP | 405 | 549 | 132 | 80 | 83 | 25 | 24 | 16 |
| Investments | 22 | 22 | 22 | 22 | 22 | 25 | 25 | 23 |
| Other Assets | 1.5k | 1.5k | 1.7k | 1.7k | 1.8k | 1.8k | 1.8k | 2.1k |
| Total Assets | 2.4k | 2.5k | 2.8k | 2.9k | 2.9k | 2.9k | 2.9k | 3.2k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 296 | 204 | 176 | 5 | -35 | 216 | 217 | 155 |
| Cash from Investing | -205 | -195 | -115 | -68 | -3 | -65 | -96 | -150 |
| Cash from Financing | -78 | -13 | -37 | 39 | 43 | -148 | -126 | 16 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 82 | -67 | 17 | -85 | -108 | 136 | 149 | 105 |
| 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 (62.9×) and current (58.5×) 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 -5.7% growth and a 58× exit, ₹408 only delivers your return if you pay ₹120. The price is currently baking in 18% growth.
EPS grows -5.7%/yr for 5 years, then fades to 6% over 2, exits at 58×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | -5.7% | 6.58 |
| FY28 | -5.7% | 6.21 |
| FY29 | -5.7% | 5.85 |
| FY30 | -5.7% | 5.52 |
| FY31 | -5.7% | 5.20 |
| FY32 | 0.1% ·fade | 5.21 |
| FY33 | 6.0% ·fade | 5.53 |
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.