Mumbai-based digital and ER&D outsourcing firm building software and product-engineering solutions for global OEMs in industrial equipment, transportation & mobility, and healthcare.
Price
Market Cap
Sector
Information Technology
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 16 | 16 | 22 | 22 | 23 | 23 | 23 | 22 |
| Reserves | 52 | 58 | 141 | 152 | 185 | 202 | 210 | 231 |
| Borrowings | 35 | 25 | 19 | 17 | 28 | 32 | 39 | 40 |
| Other Liabilities | 33 | 38 | 45 | 50 | 50 | 54 | 70 | 74 |
| Total Liabilities | 135 | 138 | 227 | 240 | 285 | 311 | 341 | 367 |
| AssetsFixed Assets | 28 | 30 | 57 | 54 | 63 | 65 | 84 | 89 |
| CWIP | 0 | 0 | 0 | 0 | 1 | 2 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 107 | 108 | 170 | 187 | 222 | 244 | 257 | 279 |
| Total Assets | 135 | 138 | 227 | 240 | 285 | 311 | 341 | 367 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 11 | 29 | 33 | -4 | 6 | 62 | 32 | 65 |
| Cash from Investing | -5 | -5 | -10 | -32 | 6 | -62 | -17 | -21 |
| Cash from Financing | -9 | -10 | -12 | 57 | -14 | -16 | -21 | -31 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 6 | 27 | 20 | -26 | -1 | 61 | 28 | 46 |
| 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 (29.5×) and current (13.6×) 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 58.8% growth and a 14× exit, ₹257 only delivers your return if you pay ₹1,411. The price is currently baking in 17% growth.
EPS grows 58.8%/yr for 5 years, then fades to 6% over 2, exits at 14×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 58.8% | 30.03 |
| FY28 | 58.8% | 47.69 |
| FY29 | 58.8% | 75.73 |
| FY30 | 58.8% | 120.25 |
| FY31 | 58.8% | 190.96 |
| FY32 | 32.4% ·fade | 252.83 |
| FY33 | 6.0% ·fade | 268.00 |
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.