India's largest power-plant O&M contractor; also builds & commissions boilers/turbines, civil infra and coking-coal mines.
Price
Market Cap
Sector
Industrials
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 15 | 15 | 15 | 15 | 16 | 32 | 32 | 32 |
| Reserves | 936 | 890 | 1.0k | 1.3k | 1.8k | 2.1k | 2.3k | 2.5k |
| Borrowings | 523 | 515 | 531 | 477 | 396 | 735 | 960 | 664 |
| Other Liabilities | 865 | 850 | 1.0k | 1.3k | 1.3k | 1.7k | 1.7k | 2.4k |
| Total Liabilities | 2.3k | 2.3k | 2.6k | 3.1k | 3.6k | 4.6k | 5.0k | 5.6k |
| AssetsFixed Assets | 188 | 175 | 180 | 189 | 231 | 323 | 342 | 429 |
| CWIP | 3 | 5 | 2 | 3 | 11 | 28 | 72 | 182 |
| Investments | 33 | 41 | 39 | 36 | 37 | 36 | 35 | 34 |
| Other Assets | 2.1k | 2.0k | 2.4k | 2.8k | 3.3k | 4.2k | 4.5k | 4.9k |
| Total Assets | 2.3k | 2.3k | 2.6k | 3.1k | 3.6k | 4.6k | 5.0k | 5.6k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 1 | -48 | 122 | 175 | 182 | 205 | 1 | 430 |
| Cash from Investing | -63 | 3 | -47 | -52 | -91 | -373 | -193 | -227 |
| Cash from Financing | 25 | 59 | -91 | -63 | -120 | 176 | 232 | -189 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | -25 | -75 | 97 | 135 | 133 | 115 | -159 | 103 |
| FCF Margin | — | — | — | — | — | — | — | — |
For capital-heavy businesses (telecom, power, heavy manufacturing) reported profit ignores the cash needed just to stand still. We'd systematically overvalue it, so we don't show a number.
POWERMECH · CAPITAL_INTENSIVE
Guides on how to read this kind of business and the numbers that matter.