Chennai-based forging manufacturer making crankshafts and front axle beams for global commercial vehicle OEMs.
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 24 | 24 | 24 | 24 | 24 | 48 | 48 | 48 |
| Reserves | 431 | 463 | 535 | 649 | 765 | 845 | 925 | 927 |
| Borrowings | 566 | 532 | 685 | 756 | 931 | 1.2k | 1.2k | 1.2k |
| Other Liabilities | 113 | 230 | 170 | 232 | 249 | 271 | 331 | 286 |
| Total Liabilities | 1.1k | 1.3k | 1.4k | 1.7k | 2.0k | 2.4k | 2.5k | 2.5k |
| AssetsFixed Assets | 712 | 675 | 708 | 804 | 914 | 964 | 977 | 1.1k |
| CWIP | 13 | 17 | 36 | 63 | 124 | 383 | 281 | 335 |
| Investments | 3 | 3 | 22 | 22 | 23 | 4 | 22 | 10 |
| Other Assets | 406 | 553 | 647 | 772 | 908 | 998 | 1.2k | 1.1k |
| Total Assets | 1.1k | 1.3k | 1.4k | 1.7k | 2.0k | 2.4k | 2.5k | 2.5k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 27 | 283 | 20 | 150 | 160 | 149 | 182 | 228 |
| Cash from Investing | -301 | -78 | -11 | -126 | -187 | -232 | -358 | -182 |
| Cash from Financing | 281 | -202 | 3 | 14 | 16 | 77 | 185 | -38 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | -288 | 189 | -9 | 40 | -40 | -102 | -221 | 40 |
| 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 (17.8×) and current (23.1×) 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 -8% growth and a 18× exit, ₹470 only delivers your return if you pay ₹95. The price is currently baking in 23% growth.
EPS grows -8%/yr for 5 years, then fades to 6% over 2, exits at 18×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | -8.0% | 18.69 |
| FY28 | -8.0% | 17.19 |
| FY29 | -8.0% | 15.82 |
| FY30 | -8.0% | 14.55 |
| FY31 | -8.0% | 13.39 |
| FY32 | -1.0% ·fade | 13.25 |
| FY33 | 6.0% ·fade | 14.05 |
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.