India's largest maker of electrical steel laminations and machined castings for motors and rail traction
Price
Market Cap
Sector
Industrials
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 16 | 16 | 16 | 16 | 16 | 19 | 19 | 19 |
| Reserves | 192 | 220 | 268 | 318 | 457 | 865 | 897 | 933 |
| Borrowings | 245 | 317 | 393 | 356 | 628 | 687 | 776 | 805 |
| Other Liabilities | 143 | 148 | 280 | 287 | 290 | 383 | 390 | 300 |
| Total Liabilities | 596 | 701 | 956 | 978 | 1.4k | 2.0k | 2.1k | 2.1k |
| AssetsFixed Assets | 247 | 285 | 327 | 364 | 465 | 793 | 818 | 898 |
| CWIP | 8 | 1 | 1 | 24 | 122 | 61 | 63 | 42 |
| Investments | 16 | 16 | 16 | 15 | 0 | 258 | 258 | 258 |
| Other Assets | 324 | 399 | 613 | 574 | 804 | 843 | 941 | 858 |
| Total Assets | 596 | 701 | 956 | 978 | 1.4k | 2.0k | 2.1k | 2.1k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 71 | 69 | 34 | 88 | 222 | 80 | 261 | 149 |
| Cash from Investing | -46 | -46 | -66 | -93 | -104 | -247 | -558 | -154 |
| Cash from Financing | -26 | -21 | 28 | 12 | -86 | 203 | 286 | 12 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 22 | 46 | -30 | 10 | 118 | -129 | -77 | -9 |
| 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 (35.2×) and current (44.0×) 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 19.5% growth and a 35× exit, ₹944 only delivers your return if you pay ₹822. The price is currently baking in 23% growth.
EPS grows 19.5%/yr for 5 years, then fades to 6% over 2, exits at 35×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 19.5% | 25.62 |
| FY28 | 19.5% | 30.62 |
| FY29 | 19.5% | 36.59 |
| FY30 | 19.5% | 43.72 |
| FY31 | 19.5% | 52.25 |
| FY32 | 12.8% ·fade | 58.91 |
| FY33 | 6.0% ·fade | 62.44 |
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.