Mumbai-based logistics operator combining IATA-accredited air freight over passenger aircraft with pan-India warehousing, run through a 125+ office, 112-airport network.
Price
Market Cap
Sector
Services
Rank
| Line item | FY17 | FY18 | FY25 | FY26 |
|---|---|---|---|---|
| LiabilitiesEquity Capital | 16 | 17 | 70 | 70 |
| Reserves | 99 | 111 | 52 | 54 |
| Borrowings | 62 | 68 | 13 | 6 |
| Other Liabilities | 22 | 32 | 33 | 34 |
| Total Liabilities | 199 | 228 | 168 | 163 |
| AssetsFixed Assets | 52 | 58 | 47 | 46 |
| CWIP | 2 | 4 | 0 | 0 |
| Investments | 12 | 16 | 4 | 5 |
| Other Assets | 133 | 150 | 117 | 113 |
| Total Assets | 199 | 228 | 168 | 163 |
| Line item | FY17 | FY18 | FY25 | FY26 |
|---|---|---|---|---|
| ActivitiesCash from Operating | 15 | 6 | 1 | 8 |
| Cash from Investing | -18 | -11 | 1 | -1 |
| Cash from Financing | -3 | 4 | -5 | -3 |
| SummaryCapital Expenditure | — | — | — | — |
| Free Cash Flow | 3 | -7 | 0 | 7 |
| 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 (8.4×) and current (9.7×) 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 8× exit, ₹14 only delivers your return if you pay ₹8. The price is currently baking in 22% growth.
EPS grows 10%/yr for 5 years, then fades to 6% over 2, exits at 8×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 10.0% | 1.56 |
| FY28 | 10.0% | 1.72 |
| FY29 | 10.0% | 1.89 |
| FY30 | 10.0% | 2.08 |
| FY31 | 10.0% | 2.29 |
| FY32 | 8.0% ·fade | 2.47 |
| FY33 | 6.0% ·fade | 2.62 |
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.