Maker of MAGGI, NESCAFE and KITKAT; India's largest food FMCG, 9 factories, 5.3M outlets
Price
Market Cap
Sector
Fast Moving Consumer Goods
Rank
| Line item | FY21 | FY22 | FY23 | FY24 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 96 | 96 | 96 | 96 | 96 | 96 | 193 | 193 |
| Reserves | 1.9k | 1.9k | 2.4k | 2.4k | 3.2k | 4.0k | 4.4k | 5.1k |
| Borrowings | 147 | 266 | 271 | 271 | 345 | 1.2k | 477 | 444 |
| Other Liabilities | 5.7k | 6.0k | 6.2k | 6.2k | 6.8k | 7.0k | 7.2k | 7.6k |
| Total Liabilities | 7.9k | 8.2k | 9.0k | 9.0k | 10.5k | 12.3k | 12.2k | 13.4k |
| AssetsFixed Assets | 2.2k | 3.0k | 3.0k | 3.0k | 3.5k | 5.5k | 5.8k | 6.3k |
| CWIP | 639 | 246 | 358 | 358 | 1.7k | 1.2k | 929 | 507 |
| Investments | 1.5k | 774 | 778 | 778 | 464 | 706 | 706 | 706 |
| Other Assets | 3.6k | 4.2k | 4.8k | 4.8k | 4.9k | 5.0k | 4.8k | 5.9k |
| Total Assets | 7.9k | 8.2k | 9.0k | 9.0k | 10.5k | 12.3k | 12.2k | 13.4k |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 2.3k | 2.5k | 2.2k | 2.7k | 3.4k | 4.2k | 2.9k | 5.0k |
| Cash from Investing | 83 | -321 | -1.9k | -392 | -927 | -1.2k | -1.8k | -624 |
| Cash from Financing | -3.6k | -2.0k | -2.0k | -2.1k | -2.4k | -3.1k | -1.8k | -3.2k |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 2.1k | 2.0k | 1.5k | 2.2k | 2.0k | 2.3k | 930 | 4.2k |
| 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 (142.6×) and current (73.4×) 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% growth and a 73× exit, ₹1415 only delivers your return if you pay ₹756. The price is currently baking in 18% growth.
EPS grows 5%/yr for 5 years, then fades to 6% over 2, exits at 73×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 5.0% | 20.25 |
| FY28 | 5.0% | 21.27 |
| FY29 | 5.0% | 22.33 |
| FY30 | 5.0% | 23.45 |
| FY31 | 5.0% | 24.62 |
| FY32 | 5.5% ·fade | 25.97 |
| FY33 | 6.0% ·fade | 27.53 |
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.