Manufactures and markets beer in India under Kingfisher and premium brands like Heineken Silver.
Price
Market Cap
Sector
Fast Moving Consumer Goods
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 26 | 26 | 26 | 26 | 26 | 26 | 26 | 26 |
| Reserves | 3.5k | 3.6k | 3.9k | 3.9k | 4.2k | 4.3k | 4.3k | 4.5k |
| Borrowings | 252 | 262 | 10 | 16 | 102 | 620 | 777 | 1.3k |
| Other Liabilities | 1.8k | 2.0k | 2.0k | 2.3k | 2.8k | 3.2k | 3.0k | 3.9k |
| Total Liabilities | 5.6k | 5.9k | 5.9k | 6.3k | 7.1k | 8.2k | 8.2k | 9.7k |
| AssetsFixed Assets | 1.9k | 1.9k | 1.9k | 1.9k | 1.8k | 1.7k | 1.8k | 2.0k |
| CWIP | 199 | 129 | 110 | 77 | 173 | 253 | 436 | 512 |
| Investments | 0 | 6 | 8 | 8 | 8 | 8 | 8 | 8 |
| Other Assets | 3.4k | 3.8k | 3.9k | 4.3k | 5.1k | 6.2k | 5.9k | 7.1k |
| Total Assets | 5.6k | 5.9k | 5.9k | 6.3k | 7.1k | 8.2k | 8.2k | 9.7k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 643 | 508 | 620 | 900 | -120 | 70 | 214 | 435 |
| Cash from Investing | -430 | -402 | -152 | -160 | -121 | -148 | -238 | -408 |
| Cash from Financing | -196 | -95 | -88 | -287 | -292 | -122 | 237 | 92 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 206 | 104 | 471 | 727 | -274 | -121 | -45 | 2 |
| 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 (121.8×) and current (108.2×) 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 4% growth and a 108× exit, ₹1399 only delivers your return if you pay ₹710. The price is currently baking in 18% growth.
EPS grows 4%/yr for 5 years, then fades to 6% over 2, exits at 108×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 4.0% | 13.44 |
| FY28 | 4.0% | 13.97 |
| FY29 | 4.0% | 14.53 |
| FY30 | 4.0% | 15.11 |
| FY31 | 4.0% | 15.72 |
| FY32 | 5.0% ·fade | 16.51 |
| FY33 | 6.0% ·fade | 17.50 |
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.