Ahmedabad-based manufacturer of specialty chemical intermediates for the dyes, pigment, agrochemical, pharmaceutical, cosmetic and electronics industries.
Price
Market Cap
Sector
Commodities
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 0 | 0 | 0 | 4 | 20 | 20 | 20 | 20 |
| Reserves | 3 | 8 | 12 | 19 | 64 | 70 | 72 | 79 |
| Borrowings | 12 | 22 | 21 | 25 | 9 | 3 | 3 | 1 |
| Other Liabilities | 22 | 20 | 24 | 24 | 13 | 11 | 10 | 9 |
| Total Liabilities | 38 | 50 | 58 | 71 | 106 | 104 | 104 | 108 |
| AssetsFixed Assets | 6 | 7 | 10 | 9 | 11 | 16 | 17 | 19 |
| CWIP | 0 | 0 | 0 | 0 | 1 | 3 | 5 | 4 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 32 | 43 | 48 | 62 | 94 | 85 | 83 | 86 |
| Total Assets | 38 | 50 | 58 | 71 | 106 | 104 | 104 | 108 |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 12 | -10 | 5 | -2 | 0 | -6 | 5 |
| Cash from Investing | -1 | -1 | -4 | -1 | -18 | -2 | 0 |
| Cash from Financing | -9 | 9 | -2 | 3 | 29 | -5 | -2 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — |
| Free Cash Flow | 11 | -11 | 2 | -3 | -3 | -14 | 0 |
| 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 (5.7×) and current (6.6×) 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 10% growth and a 6× exit, ₹50 only delivers your return if you pay ₹32. The price is currently baking in 20% growth.
EPS grows 10%/yr for 5 years, then fades to 6% over 2, exits at 6×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 10.0% | 8.42 |
| FY28 | 10.0% | 9.26 |
| FY29 | 10.0% | 10.18 |
| FY30 | 10.0% | 11.20 |
| FY31 | 10.0% | 12.32 |
| FY32 | 8.0% ·fade | 13.31 |
| FY33 | 6.0% ·fade | 14.10 |
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.