Price
Market Cap
Sector
Industrials
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 16 | 16 | 16 | 33 | 42 | 59 | 89 | 89 |
| Reserves | 8 | -66 | -47 | -16 | 15 | 106 | 221 | 217 |
| Borrowings | 76 | 93 | 79 | 67 | 37 | 18 | 65 | 239 |
| Other Liabilities | 85 | 72 | 39 | 35 | 44 | 15 | 103 | 21 |
| Total Liabilities | 184 | 115 | 87 | 120 | 138 | 198 | 478 | 566 |
| AssetsFixed Assets | 29 | 24 | 21 | 25 | 21 | 28 | 102 | 100 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 47 | 44 |
| Other Assets | 155 | 90 | 66 | 96 | 117 | 170 | 330 | 421 |
| Total Assets | 184 | 115 | 87 | 120 | 138 | 198 | 478 | 566 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 8 | 4 | -19 | -21 | 0 | -32 | -47 | — |
| Cash from Investing | 1 | 0 | 0 | 0 | -7 | 0 | -10 | — |
| Cash from Financing | -9 | -4 | 18 | 21 | 35 | 4 | 57 | — |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 9 | 4 | -19 | -21 | -7 | -33 | -57 | — |
| FCF Margin | — | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
SHAH · CYCLICAL_UNMODELABLE
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