Owns and operates upscale/luxury hotels in India under the Taj brand via a long-term management arrangement with IHCL.
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 |
| Reserves | 399 | 372 | 382 | 462 | 530 | 615 | 662 | 718 |
| Borrowings | 209 | 225 | 214 | 141 | 108 | 44 | 83 | 113 |
| Other Liabilities | 122 | 113 | 123 | 155 | 162 | 181 | 194 | 200 |
| Total Liabilities | 743 | 723 | 731 | 770 | 812 | 852 | 951 | 1.0k |
| AssetsFixed Assets | 436 | 423 | 409 | 455 | 442 | 433 | 426 | 424 |
| CWIP | 91 | 87 | 86 | 43 | 79 | 116 | 183 | 298 |
| Investments | 110 | 110 | 110 | 110 | 110 | 110 | 110 | 126 |
| Other Assets | 106 | 102 | 127 | 162 | 181 | 193 | 232 | 195 |
| Total Assets | 743 | 723 | 731 | 770 | 812 | 852 | 951 | 1.0k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 59 | 75 | 5 | 53 | 100 | 123 | 116 | 146 |
| Cash from Investing | -16 | -3 | 0 | 1 | -17 | -99 | -19 | -202 |
| Cash from Financing | -56 | -66 | -2 | -31 | -79 | -52 | -84 | 54 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 42 | 72 | 5 | 54 | 82 | 85 | 75 | -40 |
| 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 (26.1×) and current (21.9×) 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 20.1% growth and a 22× exit, ₹338 only delivers your return if you pay ₹383. The price is currently baking in 17% growth.
EPS grows 20.1%/yr for 5 years, then fades to 6% over 2, exits at 22×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 20.1% | 18.56 |
| FY28 | 20.1% | 22.29 |
| FY29 | 20.1% | 26.76 |
| FY30 | 20.1% | 32.14 |
| FY31 | 20.1% | 38.60 |
| FY32 | 13.1% ·fade | 43.64 |
| FY33 | 6.0% ·fade | 46.26 |
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.