India's largest maker of T&D transmission towers/poles, plus EPC execution and Skipper-brand polymer pipes.
Price
Market Cap
Sector
Industrials
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 10 | 10 | 10 | 10 | 11 | 11 | 11 | 11 |
| Reserves | 677 | 698 | 722 | 757 | 887 | 1.2k | 1.3k | 1.5k |
| Borrowings | 454 | 448 | 575 | 494 | 592 | 740 | 801 | 948 |
| Other Liabilities | 572 | 763 | 777 | 961 | 1.7k | 1.5k | 1.9k | 2.1k |
| Total Liabilities | 1.7k | 1.9k | 2.1k | 2.2k | 3.1k | 3.4k | 4.0k | 4.5k |
| AssetsFixed Assets | 579 | 657 | 657 | 697 | 749 | 901 | 1.0k | 1.2k |
| CWIP | 11 | 12 | 14 | 7 | 16 | 134 | 189 | 273 |
| Investments | 9 | 10 | 7 | 10 | 17 | 20 | 10 | 26 |
| Other Assets | 1.1k | 1.2k | 1.4k | 1.5k | 2.4k | 2.3k | 2.8k | 3.1k |
| Total Assets | 1.7k | 1.9k | 2.1k | 2.2k | 3.1k | 3.4k | 4.0k | 4.5k |
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 (36.9×) and current (28.0×) 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 82.6% growth and a 28× exit, ₹529 only delivers your return if you pay ₹6,171. The price is currently baking in 18% growth.
EPS grows 82.6%/yr for 5 years, then fades to 6% over 2, exits at 28×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 82.6% | 34.47 |
| FY28 | 82.6% | 62.95 |
| FY29 | 82.6% | 114.95 |
| FY30 | 82.6% | 209.90 |
| FY31 | 82.6% | 383.27 |
| FY32 | 44.3% ·fade | 553.06 |
| FY33 | 6.0% ·fade | 586.24 |
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.