India's 5th-largest forging capacity, making bearing rings & auto components for global OEMs.
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 24 | 24 | 27 | 27 | 27 | 27 | 27 | 27 |
| Reserves | 244 | 333 | 518 | 716 | 871 | 1.0k | 1.1k | 1.2k |
| Borrowings | 259 | 250 | 223 | 82 | 18 | 14 | 0 | 0 |
| Other Liabilities | 159 | 184 | 217 | 189 | 205 | 196 | 200 | 158 |
| Total Liabilities | 686 | 791 | 985 | 1.0k | 1.1k | 1.3k | 1.4k | 1.4k |
| AssetsFixed Assets | 374 | 372 | 380 | 391 | 466 | 444 | 440 | 447 |
| CWIP | 0 | 1 | 46 | 46 | 4 | 34 | 40 | 39 |
| Investments | 0 | 0 | 0 | 0 | 107 | 261 | 302 | 288 |
| Other Assets | 312 | 417 | 559 | 577 | 543 | 542 | 585 | 597 |
| Total Assets | 686 | 791 | 985 | 1.0k | 1.1k | 1.3k | 1.4k | 1.4k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 194 | 184 | 59 | 59 | 213 | 221 | 227 | 190 |
| Cash from Investing | -36 | -14 | -36 | -68 | -44 | -158 | -191 | -53 |
| Cash from Financing | -158 | -168 | -20 | 8 | -151 | -66 | -6 | -117 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 158 | 168 | 21 | -11 | 172 | 168 | 177 | 155 |
| 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 (305.1×) and current (29.9×) 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 -13% growth and a 30× exit, ₹143 only delivers your return if you pay ₹28. The price is currently baking in 17% growth.
EPS grows -13%/yr for 5 years, then fades to 6% over 2, exits at 30×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | -13.0% | 4.17 |
| FY28 | -13.0% | 3.63 |
| FY29 | -13.0% | 3.15 |
| FY30 | -13.0% | 2.74 |
| FY31 | -13.0% | 2.39 |
| FY32 | -3.5% ·fade | 2.30 |
| FY33 | 6.0% ·fade | 2.44 |
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.