Indian luggage and bags manufacturer with plants in Halol (Gujarat) and a new Jaipur greenfield facility.
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 4 | 4 | 4 | 5 | 10 | 10 | 10 | 10 |
| Reserves | 226 | 275 | 297 | 421 | 814 | 944 | 1.0k | 1.1k |
| Borrowings | 114 | 41 | 56 | 139 | 146 | 125 | 113 | 117 |
| Other Liabilities | 71 | 77 | 112 | 182 | 173 | 238 | 278 | 211 |
| Total Liabilities | 416 | 397 | 469 | 747 | 1.1k | 1.3k | 1.4k | 1.4k |
| AssetsFixed Assets | 79 | 67 | 96 | 184 | 293 | 414 | 433 | 456 |
| CWIP | 0 | 0 | 20 | 0 | 1 | 12 | 1 | 1 |
| Investments | 0 | 0 | 0 | 0 | 149 | 3 | 3 | 13 |
| Other Assets | 336 | 330 | 353 | 563 | 700 | 887 | 998 | 972 |
| Total Assets | 416 | 397 | 469 | 747 | 1.1k | 1.3k | 1.4k | 1.4k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -38 | 71 | 111 | 16 | 51 | 217 | 57 | 173 |
| Cash from Investing | -7 | -21 | -98 | -4 | -70 | -345 | -10 | -103 |
| Cash from Financing | 45 | -50 | -10 | -14 | 20 | 164 | -75 | -73 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | -47 | 50 | 103 | -27 | 3 | 106 | -88 | 105 |
| 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 (57.7×) and current (48.9×) 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 10.1% growth and a 49× exit, ₹1676 only delivers your return if you pay ₹1,170. The price is currently baking in 18% growth.
EPS grows 10.1%/yr for 5 years, then fades to 6% over 2, exits at 49×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 10.1% | 37.73 |
| FY28 | 10.1% | 41.54 |
| FY29 | 10.1% | 45.74 |
| FY30 | 10.1% | 50.36 |
| FY31 | 10.1% | 55.44 |
| FY32 | 8.0% ·fade | 59.91 |
| FY33 | 6.0% ·fade | 63.50 |
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.