Ahmedabad-based manufacturer of power, distribution, furnace, rectifier & specialty transformers and reactors.
Price
Market Cap
Sector
Industrials
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 13 | 13 | 13 | 13 | 14 | 30 | 30 | 30 |
| Reserves | 323 | 330 | 343 | 381 | 540 | 1.2k | 1.3k | 1.5k |
| Borrowings | 308 | 263 | 325 | 330 | 256 | 283 | 366 | 457 |
| Other Liabilities | 289 | 319 | 428 | 463 | 359 | 652 | 679 | 694 |
| Total Liabilities | 933 | 925 | 1.1k | 1.2k | 1.2k | 2.2k | 2.4k | 2.7k |
| AssetsFixed Assets | 193 | 181 | 168 | 153 | 144 | 251 | 245 | 250 |
| CWIP | 2 | 0 | 3 | 3 | 5 | 62 | 93 | 138 |
| Investments | 0 | 0 | 1 | 1 | 4 | 268 | 204 | 184 |
| Other Assets | 738 | 744 | 936 | 1.0k | 1.0k | 1.6k | 1.8k | 2.1k |
| Total Assets | 933 | 925 | 1.1k | 1.2k | 1.2k | 2.2k | 2.4k | 2.7k |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
TARIL · CYCLICAL_UNMODELABLE
Guides on how to read this kind of business and the numbers that matter.