India's largest steel-wheel maker, expanding into alloy wheels and aluminium knuckles for auto OEMs.
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 |
| Reserves | 682 | 734 | 936 | 1.1k | 1.3k | 1.5k | 1.6k | 1.7k |
| Borrowings | 1.0k | 937 | 778 | 639 | 1.0k | 828 | 903 | 828 |
| Other Liabilities | 480 | 690 | 972 | 1.0k | 840 | 994 | 858 | 1.3k |
| Total Liabilities | 2.2k | 2.4k | 2.7k | 2.8k | 3.2k | 3.4k | 3.4k | 3.8k |
| AssetsFixed Assets | 1.3k | 1.3k | 1.4k | 1.3k | 1.5k | 1.6k | 1.6k | 1.8k |
| CWIP | 85 | 109 | 97 | 163 | 346 | 271 | 389 | 142 |
| Investments | 0 | 0 | 0 | 4 | 9 | 16 | 16 | 16 |
| Other Assets | 787 | 1.0k | 1.2k | 1.3k | 1.4k | 1.5k | 1.4k | 1.8k |
| Total Assets | 2.2k | 2.4k | 2.7k | 2.8k | 3.2k | 3.4k | 3.4k | 3.8k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 184 | 104 | 169 | 406 | 348 | 65 | 518 | 331 |
| Cash from Investing | -80 | -69 | -37 | -154 | -128 | -370 | -192 | -184 |
| Cash from Financing | -113 | -64 | -171 | -248 | -234 | 292 | -354 | -144 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 92 | 26 | 120 | 241 | 212 | -316 | 320 | 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 (15.7×) and current (16.1×) 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 1.4% growth and a 16× exit, ₹229 only delivers your return if you pay ₹101. The price is currently baking in 18% growth.
EPS grows 1.4%/yr for 5 years, then fades to 6% over 2, exits at 16×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 1.4% | 14.43 |
| FY28 | 1.4% | 14.63 |
| FY29 | 1.4% | 14.84 |
| FY30 | 1.4% | 15.04 |
| FY31 | 1.4% | 15.25 |
| FY32 | 3.7% ·fade | 15.82 |
| FY33 | 6.0% ·fade | 16.77 |
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.