Indian maker of MV switchgear, transformers & smart-grid gear for power utilities and industry.
Price
Market Cap
Sector
Industrials
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 48 | 48 | 48 | 48 | 48 | 48 | 48 | 48 |
| Reserves | -131 | -129 | -96 | 19 | 164 | 430 | 610 | 727 |
| Borrowings | 574 | 629 | 590 | 618 | 575 | 606 | 527 | 548 |
| Other Liabilities | 628 | 601 | 628 | 671 | 794 | 849 | 879 | 1.0k |
| Total Liabilities | 1.1k | 1.1k | 1.2k | 1.4k | 1.6k | 1.9k | 2.1k | 2.3k |
| AssetsFixed Assets | 314 | 300 | 309 | 320 | 401 | 419 | 413 | 462 |
| CWIP | 3 | 8 | 5 | 14 | 32 | 86 | 110 | 102 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 802 | 842 | 856 | 1.0k | 1.1k | 1.4k | 1.5k | 1.8k |
| Total Assets | 1.1k | 1.1k | 1.2k | 1.4k | 1.6k | 1.9k | 2.1k | 2.3k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -52 | 4 | 8 | 120 | 88 | 189 | 308 | 224 |
| Cash from Investing | 17 | -12 | -9 | -25 | -41 | -57 | -66 | -93 |
| Cash from Financing | 2 | 2 | 11 | -82 | -64 | -105 | -30 | -35 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | -34 | -9 | -2 | 95 | 50 | 132 | 245 | 120 |
| 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 (82.8×) and current (152.0×) 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 20.2% growth and a 83× exit, ₹1279 only delivers your return if you pay ₹789. The price is currently baking in 31% growth.
EPS grows 20.2%/yr for 5 years, then fades to 6% over 2, exits at 83×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 20.2% | 10.11 |
| FY28 | 20.2% | 12.15 |
| FY29 | 20.2% | 14.61 |
| FY30 | 20.2% | 17.56 |
| FY31 | 20.2% | 21.10 |
| FY32 | 13.1% ·fade | 23.87 |
| FY33 | 6.0% ·fade | 25.30 |
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.