Tata-group lifestyle retailer: India's largest organised jeweller plus watches, eyewear and more.
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 89 | 89 | 89 | 89 | 89 | 89 | 89 | 89 |
| Reserves | 6.6k | 7.4k | 9.2k | 11.8k | 9.3k | 11.5k | 12.7k | 15.6k |
| Borrowings | 3.6k | 5.6k | 7.3k | 9.4k | 15.5k | 20.8k | 12.5k | 30.6k |
| Other Liabilities | 3.3k | 3.3k | 4.6k | 5.8k | 6.6k | 8.2k | 26.8k | 14.2k |
| Total Liabilities | 13.5k | 16.4k | 21.2k | 27.0k | 31.5k | 40.6k | 52.0k | 60.6k |
| AssetsFixed Assets | 2.6k | 2.5k | 2.5k | 3.0k | 3.7k | 4.1k | 4.2k | 6.9k |
| CWIP | 18 | 32 | 85 | 144 | 97 | 105 | 125 | 163 |
| Investments | 158 | 2.8k | 294 | 2.5k | 2.3k | 2.0k | 3.7k | 3.5k |
| Other Assets | 10.7k | 11.1k | 18.3k | 21.4k | 25.4k | 34.5k | 44.0k | 50.0k |
| Total Assets | 13.5k | 16.4k | 21.2k | 27.0k | 31.5k | 40.6k | 52.0k | 60.6k |
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 (84.7×) and current (81.1×) 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 15.7% growth and a 81× exit, ₹4638 only delivers your return if you pay ₹4,240. The price is currently baking in 18% growth.
EPS grows 15.7%/yr for 5 years, then fades to 6% over 2, exits at 81×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 15.7% | 66.13 |
| FY28 | 15.7% | 76.52 |
| FY29 | 15.7% | 88.53 |
| FY30 | 15.7% | 102.43 |
| FY31 | 15.7% | 118.51 |
| FY32 | 10.8% ·fade | 131.37 |
| FY33 | 6.0% ·fade | 139.25 |
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.