Recycles end-of-life tyres into rubber, bitumen and polymer products for infrastructure and industry.
Price
Market Cap
Sector
Industrials
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 9 | 9 | 9 | 9 | 17 | 17 | 18 | 18 |
| Reserves | 58 | 58 | 69 | 87 | 111 | 161 | 254 | 282 |
| Borrowings | 72 | 66 | 71 | 60 | 86 | 135 | 104 | 129 |
| Other Liabilities | 30 | 36 | 41 | 37 | 54 | 72 | 81 | 99 |
| Total Liabilities | 168 | 169 | 189 | 193 | 268 | 385 | 457 | 529 |
| AssetsFixed Assets | 77 | 77 | 77 | 74 | 130 | 185 | 195 | 249 |
| CWIP | 3 | 0 | 1 | 0 | 7 | 11 | 24 | 42 |
| Investments | 25 | 24 | 26 | 28 | 31 | 40 | 37 | 34 |
| Other Assets | 63 | 69 | 85 | 90 | 100 | 149 | 201 | 204 |
| Total Assets | 168 | 169 | 189 | 193 | 268 | 385 | 457 | 529 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 20 | 17 | 21 | 19 | 32 | 59 | 36 | 57 |
| Cash from Investing | -4 | -2 | -5 | -12 | -10 | -70 | -68 | -103 |
| Cash from Financing | -16 | -15 | -15 | -6 | -21 | 9 | 33 | 44 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 15 | 14 | 15 | 9 | 24 | -13 | -31 | -49 |
| 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 (32.9×) and current (25.7×) 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 41.6% growth and a 26× exit, ₹880 only delivers your return if you pay ₹2,500. The price is currently baking in 17% growth.
EPS grows 41.6%/yr for 5 years, then fades to 6% over 2, exits at 26×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 41.6% | 48.48 |
| FY28 | 41.6% | 68.65 |
| FY29 | 41.6% | 97.21 |
| FY30 | 41.6% | 137.65 |
| FY31 | 41.6% | 194.92 |
| FY32 | 23.8% ·fade | 241.31 |
| FY33 | 6.0% ·fade | 255.79 |
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.