Runs truck fleets, coastal ships and rail rakes as an integrated multimodal logistics operator.
Price
Market Cap
Sector
Services
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 15 | 15 | 15 | 16 | 16 | 15 | 15 | 15 |
| Reserves | 1.0k | 1.2k | 1.4k | 1.7k | 2.0k | 2.1k | 2.4k | 2.6k |
| Borrowings | 422 | 297 | 96 | 92 | 194 | 242 | 253 | 312 |
| Other Liabilities | 237 | 272 | 301 | 307 | 304 | 537 | 434 | 603 |
| Total Liabilities | 1.7k | 1.7k | 1.8k | 2.1k | 2.5k | 2.9k | 3.1k | 3.5k |
| AssetsFixed Assets | 772 | 805 | 801 | 791 | 862 | 964 | 1.1k | 1.2k |
| CWIP | 22 | 5 | 7 | 26 | 109 | 255 | 268 | 343 |
| Investments | 135 | 150 | 193 | 286 | 543 | 411 | 492 | 487 |
| Other Assets | 755 | 779 | 826 | 998 | 988 | 1.3k | 1.2k | 1.5k |
| Total Assets | 1.7k | 1.7k | 1.8k | 2.1k | 2.5k | 2.9k | 3.1k | 3.5k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 179 | 243 | 305 | 368 | 361 | 299 | 359 | 444 |
| Cash from Investing | -158 | -135 | -107 | -76 | -193 | -404 | -99 | -367 |
| Cash from Financing | -24 | -104 | -176 | -258 | -65 | 18 | -292 | -35 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 17 | 97 | 183 | 297 | 208 | 57 | 10 | 32 |
| 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 (39.0×) and current (28.5×) 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 10% growth and a 28× exit, ₹931 only delivers your return if you pay ₹634. The price is currently baking in 18% growth.
EPS grows 10%/yr for 5 years, then fades to 6% over 2, exits at 28×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 10.0% | 35.95 |
| FY28 | 10.0% | 39.54 |
| FY29 | 10.0% | 43.50 |
| FY30 | 10.0% | 47.85 |
| FY31 | 10.0% | 52.63 |
| FY32 | 8.0% ·fade | 56.84 |
| FY33 | 6.0% ·fade | 60.25 |
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.