Makes off-highway vehicle parts — tractor linkages, machined parts — for global agri & construction OEMs.
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 45 |
| Reserves | 420 | 514 | 641 | 786 | 823 | 842 | 873 | 825 |
| Borrowings | 298 | 162 | 158 | 61 | 103 | 120 | 121 | 155 |
| Other Liabilities | 141 | 181 | 205 | 182 | 170 | 169 | 207 | 230 |
| Total Liabilities | 904 | 901 | 1.0k | 1.1k | 1.1k | 1.2k | 1.2k | 1.3k |
| AssetsFixed Assets | 340 | 322 | 325 | 337 | 330 | 325 | 317 | 359 |
| CWIP | 10 | 2 | 2 | 7 | 13 | 12 | 14 | 3 |
| Investments | 0 | 1 | 0 | 25 | 156 | 245 | 285 | 205 |
| Other Assets | 554 | 575 | 721 | 705 | 641 | 594 | 629 | 688 |
| Total Assets | 904 | 901 | 1.0k | 1.1k | 1.1k | 1.2k | 1.2k | 1.3k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -6 | 133 | 153 | 85 | 253 | 200 | 182 | 174 |
| Cash from Investing | -113 | -8 | -17 | -32 | -53 | -160 | -106 | 20 |
| Cash from Financing | 125 | -123 | -141 | -49 | -175 | -59 | -62 | -181 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | -114 | 122 | 137 | 50 | 223 | 166 | 152 | 148 |
| 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 (16.8×) and current (19.3×) 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 -8.5% growth and a 17× exit, ₹676 only delivers your return if you pay ₹151. The price is currently baking in 20% growth.
EPS grows -8.5%/yr for 5 years, then fades to 6% over 2, exits at 17×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | -8.5% | 32.10 |
| FY28 | -8.5% | 29.37 |
| FY29 | -8.5% | 26.87 |
| FY30 | -8.5% | 24.59 |
| FY31 | -8.5% | 22.50 |
| FY32 | -1.2% ·fade | 22.22 |
| FY33 | 6.0% ·fade | 23.55 |
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.