Heritage jewellery retailer (1832) selling gold, diamond, silver & platinum via owned and franchise stores.
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 55 | 55 | 55 | 55 | 118 | 136 | 136 | 136 |
| Reserves | 132 | 135 | 191 | 256 | 416 | 1.4k | 1.6k | 1.8k |
| Borrowings | 443 | 402 | 398 | 387 | 455 | 930 | 1.3k | 1.7k |
| Other Liabilities | 563 | 422 | 465 | 365 | 475 | 660 | 1.3k | 1.3k |
| Total Liabilities | 1.2k | 1.0k | 1.1k | 1.1k | 1.5k | 3.1k | 4.3k | 5.0k |
| AssetsFixed Assets | 184 | 242 | 234 | 208 | 242 | 322 | 361 | 410 |
| CWIP | 56 | 4 | 4 | 4 | 4 | 4 | 4 | 0 |
| Investments | 1 | 1 | 1 | 1 | 1 | 9 | 8 | 8 |
| Other Assets | 951 | 768 | 872 | 850 | 1.2k | 2.8k | 4.0k | 4.5k |
| Total Assets | 1.2k | 1.0k | 1.1k | 1.1k | 1.5k | 3.1k | 4.3k | 5.0k |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 68 | 147 | 73 | 107 | 6 | -675 | -717 |
| Cash from Investing | 3 | -26 | -22 | -47 | -49 | -424 | -54 |
| Cash from Financing | -93 | -128 | -46 | -55 | 51 | 1.2k | 719 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — |
| Free Cash Flow | 52 | 114 | 68 | 60 | -46 | -1.1k | -782 |
| 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 (30.5×) and current (18.8×) 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 51.8% growth and a 19× exit, ₹553 only delivers your return if you pay ₹2,310. The price is currently baking in 17% growth.
EPS grows 51.8%/yr for 5 years, then fades to 6% over 2, exits at 19×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 51.8% | 44.58 |
| FY28 | 51.8% | 67.68 |
| FY29 | 51.8% | 102.74 |
| FY30 | 51.8% | 155.95 |
| FY31 | 51.8% | 236.74 |
| FY32 | 28.9% ·fade | 305.15 |
| FY33 | 6.0% ·fade | 323.46 |
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.