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    Thaai

    Automobile and Auto Components
    Consumer Discretionary
    View TCL earnings calls

    Overview

    Price

    Market Cap

    ₹274 Cr

    Sector

    Automobile and Auto Components

    Consumer Discretionary

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY24FY25FY26FY26
    LiabilitiesEquity Capital23232424
    Reserves49608187
    Borrowings4690117123
    Other Liabilities19302754
    Total Liabilities137204250288
    AssetsFixed Assets619395106
    CWIP4113472
    Investments0000
    Other Assets71100120109
    Total Assets137204250288

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY24FY25FY26
    ActivitiesCash from Operating-25135
    Cash from Investing-68-50-84
    Cash from Financing1043948
    SummaryCapital Expenditure
    Free Cash Flow-93-44-53
    FCF Margin

    Valuation

    Assumptions

    Current — TCL
    Price
    ₹100
    EPS (TTM)
    ₹10.02
    PE (TTM)
    10.0
    Profit growth

    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 (7.5×) and current (10.0×) 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.

    Valuation

    Current price
    ₹100
    vs
    Fair value · 15% return
    ₹56
    44%Overvalued

    At 10% growth and a 8× exit, ₹100 only delivers your return if you pay ₹56. The price is currently baking in 22% growth.

    EPS grows 10%/yr for 5 years, then fades to 6% over 2, exits at 8×.

    YearGrowthEPS (₹)
    FY2710.0%11.02
    FY2810.0%12.12
    FY2910.0%13.34
    FY3010.0%14.67
    FY3110.0%16.14
    FY328.0% ·fade17.43
    FY336.0% ·fade18.47

    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.

    Learn to analyse Thaai

    Guides on how to read this kind of business and the numbers that matter.