India's largest automotive air-conditioning & thermal systems maker, a JV with Suzuki and Denso.
Price
Market Cap
Sector
Industrials
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 |
| Reserves | 739 | 782 | 811 | 854 | 943 | 1.1k | 1.1k | 1.2k |
| Borrowings | 155 | 52 | 33 | 19 | 35 | 41 | 24 | 30 |
| Other Liabilities | 482 | 602 | 648 | 657 | 661 | 724 | 818 | 860 |
| Total Liabilities | 1.4k | 1.4k | 1.5k | 1.5k | 1.7k | 1.9k | 2.0k | 2.1k |
| AssetsFixed Assets | 765 | 745 | 726 | 723 | 745 | 719 | 753 | 756 |
| CWIP | 66 | 54 | 61 | 86 | 80 | 79 | 31 | 53 |
| Investments | 1 | 5 | 5 | 25 | 5 | 116 | 71 | 143 |
| Other Assets | 555 | 646 | 712 | 709 | 821 | 945 | 1.1k | 1.2k |
| Total Assets | 1.4k | 1.4k | 1.5k | 1.5k | 1.7k | 1.9k | 2.0k | 2.1k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 100 | 239 | 154 | 151 | 141 | 166 | 175 | 105 |
| Cash from Investing | -126 | -93 | -58 | -100 | -145 | -92 | -165 | -137 |
| Cash from Financing | 17 | -148 | -68 | -53 | 4 | -65 | -13 | 7 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | -26 | 141 | 92 | 45 | 31 | 47 | 58 | -42 |
| 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 (38.1×) and current (32.2×) 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 46.7% growth and a 32× exit, ₹747 only delivers your return if you pay ₹2,539. The price is currently baking in 18% growth.
EPS grows 46.7%/yr for 5 years, then fades to 6% over 2, exits at 32×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 46.7% | 34.02 |
| FY28 | 46.7% | 49.91 |
| FY29 | 46.7% | 73.21 |
| FY30 | 46.7% | 107.40 |
| FY31 | 46.7% | 157.56 |
| FY32 | 26.4% ·fade | 199.08 |
| FY33 | 6.0% ·fade | 211.02 |
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.