India's largest OEM piston, piston-ring and engine-valve maker, now diversifying into EV motors and interiors.
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 22 | 22 | 22 | 22 | 44 | 44 | 44 | 44 |
| Reserves | 1.0k | 1.1k | 1.2k | 1.5k | 1.9k | 2.4k | 2.6k | 2.9k |
| Borrowings | 135 | 146 | 157 | 333 | 487 | 508 | 537 | 2.0k |
| Other Liabilities | 352 | 409 | 438 | 512 | 723 | 821 | 855 | 1.3k |
| Total Liabilities | 1.6k | 1.7k | 1.9k | 2.4k | 3.1k | 3.7k | 4.0k | 6.1k |
| AssetsFixed Assets | 741 | 703 | 689 | 733 | 934 | 1.2k | 1.2k | 3.0k |
| CWIP | 19 | 8 | 6 | 5 | 31 | 58 | 64 | 96 |
| Investments | 61 | 34 | 32 | 72 | 115 | 36 | 206 | 135 |
| Other Assets | 737 | 959 | 1.1k | 1.6k | 2.1k | 2.4k | 2.5k | 2.9k |
| Total Assets | 1.6k | 1.7k | 1.9k | 2.4k | 3.1k | 3.7k | 4.0k | 6.1k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 157 | 297 | 190 | 219 | 395 | 487 | 434 | 625 |
| Cash from Investing | -157 | -214 | -10 | -56 | -209 | -422 | -385 | -1.8k |
| Cash from Financing | -61 | -111 | -28 | -91 | 53 | -42 | -61 | 1.3k |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | -18 | 126 | 145 | 158 | 273 | 340 | 266 | 437 |
| 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 (20.1×) and current (29.8×) 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 24.1% growth and a 20× exit, ₹3740 only delivers your return if you pay ₹3,387. The price is currently baking in 26% growth.
EPS grows 24.1%/yr for 5 years, then fades to 6% over 2, exits at 20×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 24.1% | 155.76 |
| FY28 | 24.1% | 193.30 |
| FY29 | 24.1% | 239.88 |
| FY30 | 24.1% | 297.69 |
| FY31 | 24.1% | 369.43 |
| FY32 | 15.1% ·fade | 425.03 |
| FY33 | 6.0% ·fade | 450.54 |
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.