Vadodara-based maker of power, distribution & renewable-energy transformers, exported to 25+ countries.
Price
Market Cap
Sector
Industrials
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 4 | 4 | 4 | 4 | 8 | 8 | 11 | 11 |
| Reserves | 57 | 63 | 76 | 118 | 202 | 339 | 408 | 479 |
| Borrowings | 15 | 8 | 17 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 27 | 33 | 49 | 56 | 83 | 143 | 92 | 100 |
| Total Liabilities | 103 | 107 | 146 | 178 | 292 | 490 | 512 | 591 |
| AssetsFixed Assets | 39 | 37 | 36 | 39 | 41 | 59 | 59 | 69 |
| CWIP | 0 | 0 | 0 | 0 | 5 | 0 | 0 | 6 |
| Investments | 0 | 1 | 0 | 7 | 20 | 54 | 141 | 202 |
| Other Assets | 64 | 69 | 110 | 132 | 227 | 377 | 311 | 313 |
| Total Assets | 103 | 107 | 146 | 178 | 292 | 490 | 512 | 591 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 1 | 6 | 10 | -6 | 39 | 76 | 40 | 192 |
| Cash from Investing | 1 | 0 | -1 | -1 | -12 | -23 | -48 | -169 |
| Cash from Financing | -2 | -4 | -10 | 6 | -19 | -29 | 5 | -31 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | -4 | 6 | 10 | -9 | 34 | 66 | 21 | 169 |
| 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 (24.7×) and current (30.9×) 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 31.3% growth and a 25× exit, ₹4268 only delivers your return if you pay ₹6,377. The price is currently baking in 22% growth.
EPS grows 31.3%/yr for 5 years, then fades to 6% over 2, exits at 25×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 31.3% | 181.54 |
| FY28 | 31.3% | 238.36 |
| FY29 | 31.3% | 312.96 |
| FY30 | 31.3% | 410.92 |
| FY31 | 31.3% | 539.54 |
| FY32 | 18.6% ·fade | 640.16 |
| FY33 | 6.0% ·fade | 678.57 |
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.