India's 2nd-largest ceramic tile maker; also produces sanitaryware, bath fittings and adhesives.
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 |
| Reserves | 575 | 608 | 696 | 775 | 715 | 792 | 777 | 883 |
| Borrowings | 311 | 262 | 251 | 222 | 56 | 72 | 327 | 137 |
| Other Liabilities | 257 | 319 | 375 | 464 | 659 | 673 | 791 | 618 |
| Total Liabilities | 1.2k | 1.2k | 1.3k | 1.5k | 1.4k | 1.5k | 1.9k | 1.6k |
| AssetsFixed Assets | 437 | 429 | 414 | 462 | 449 | 477 | 1.0k | 529 |
| CWIP | 5 | 4 | 44 | 1 | 8 | 15 | 16 | 7 |
| Investments | 98 | 157 | 155 | 161 | 320 | 338 | 16 | 393 |
| Other Assets | 613 | 608 | 716 | 845 | 661 | 716 | 823 | 716 |
| Total Assets | 1.2k | 1.2k | 1.3k | 1.5k | 1.4k | 1.5k | 1.9k | 1.6k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 150 | 34 | 298 | 105 | 119 | 312 | 88 | 169 |
| Cash from Investing | -82 | 2 | -74 | -180 | -27 | -26 | -55 | -67 |
| Cash from Financing | -45 | -52 | -96 | 22 | -66 | -346 | -29 | -33 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 109 | -17 | 270 | 42 | 88 | 277 | 28 | 136 |
| 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 (28.1×) and current (21.6×) 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 12.6% growth and a 22× exit, ₹523 only delivers your return if you pay ₹419. The price is currently baking in 17% growth.
EPS grows 12.6%/yr for 5 years, then fades to 6% over 2, exits at 22×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 12.6% | 27.19 |
| FY28 | 12.6% | 30.62 |
| FY29 | 12.6% | 34.48 |
| FY30 | 12.6% | 38.82 |
| FY31 | 12.6% | 43.71 |
| FY32 | 9.3% ·fade | 47.78 |
| FY33 | 6.0% ·fade | 50.64 |
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.