Operates India's PAN issuance, pension recordkeeping (CRA for NPS/APY/UPS), and Aadhaar identity infra.
Price
Market Cap
Sector
Information Technology
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 40 | 40 | 40 | 40 | 40 | 41 | 41 | 41 |
| Reserves | 714 | 628 | 748 | 817 | 886 | 958 | 977 | 1.0k |
| Borrowings | 14 | 6 | 12 | 8 | 21 | 69 | 67 | 87 |
| Other Liabilities | 172 | 189 | 188 | 239 | 238 | 239 | 231 | 309 |
| Total Liabilities | 940 | 863 | 988 | 1.1k | 1.2k | 1.3k | 1.3k | 1.5k |
| AssetsFixed Assets | 64 | 57 | 65 | 63 | 86 | 153 | 155 | 184 |
| CWIP | 5 | 1 | 4 | 11 | 13 | 11 | 14 | 2 |
| Investments | 406 | 285 | 364 | 529 | 550 | 661 | 605 | 638 |
| Other Assets | 465 | 519 | 555 | 501 | 536 | 482 | 542 | 650 |
| Total Assets | 940 | 863 | 988 | 1.1k | 1.2k | 1.3k | 1.3k | 1.5k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 136 | 54 | 100 | 11 | -8 | 58 | 193 | 78 |
| Cash from Investing | -104 | -13 | 116 | -139 | 12 | 19 | -159 | -14 |
| Cash from Financing | -39 | -39 | -183 | -1 | -1 | -47 | -42 | -54 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 109 | 42 | 91 | 4 | -16 | 26 | 145 | 12 |
| 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 (37.4×) and current (23.5×) 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 -2.2% growth and a 23× exit, ₹582 only delivers your return if you pay ₹207. The price is currently baking in 18% growth.
EPS grows -2.2%/yr for 5 years, then fades to 6% over 2, exits at 23×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | -2.2% | 24.23 |
| FY28 | -2.2% | 23.70 |
| FY29 | -2.2% | 23.18 |
| FY30 | -2.2% | 22.67 |
| FY31 | -2.2% | 22.17 |
| FY32 | 1.9% ·fade | 22.59 |
| FY33 | 6.0% ·fade | 23.95 |
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.