India's oldest music-IP company; licenses 180K+ songs, plus artiste management, live events & Carvaan retail.
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 17 | 17 | 19 | 19 | 19 | 19 | 19 | 19 |
| Reserves | 396 | 492 | 1.4k | 1.3k | 1.4k | 1.6k | 1.6k | 1.7k |
| Borrowings | 7 | 1 | 1 | 1 | 0 | 0 | 3 | 95 |
| Other Liabilities | 199 | 264 | 298 | 351 | 377 | 451 | 596 | 461 |
| Total Liabilities | 619 | 775 | 1.7k | 1.7k | 1.8k | 2.0k | 2.3k | 2.2k |
| AssetsFixed Assets | 219 | 226 | 278 | 338 | 408 | 532 | 964 | 715 |
| CWIP | 0 | 2 | 2 | 4 | 6 | 0 | 0 | 0 |
| Investments | 80 | 135 | 670 | 228 | 368 | 420 | 176 | 717 |
| Other Assets | 320 | 412 | 723 | 1.1k | 1.1k | 1.1k | 1.1k | 816 |
| Total Assets | 619 | 775 | 1.7k | 1.7k | 1.8k | 2.0k | 2.3k | 2.2k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -23 | 85 | 187 | 96 | 94 | 103 | 339 | 110 |
| Cash from Investing | -20 | -10 | -138 | -632 | -153 | -8 | -214 | -147 |
| Cash from Financing | 38 | -72 | -47 | 677 | -75 | -83 | -96 | -6 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | -35 | 76 | 165 | 23 | -9 | 11 | 178 | -103 |
| 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 (42.6×) and current (41.7×) 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 5.9% growth and a 42× exit, ₹466 only delivers your return if you pay ₹264. The price is currently baking in 17% growth.
EPS grows 5.9%/yr for 5 years, then fades to 6% over 2, exits at 42×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 5.9% | 11.82 |
| FY28 | 5.9% | 12.52 |
| FY29 | 5.9% | 13.25 |
| FY30 | 5.9% | 14.04 |
| FY31 | 5.9% | 14.86 |
| FY32 | 5.9% ·fade | 15.75 |
| FY33 | 6.0% ·fade | 16.69 |
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.