Indian auto-component maker of switches, lighting, castings, seating & EV systems for 2W/4W OEMs, est. 1958.
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 52 | 54 | 57 | 115 | 115 | 115 | 115 | 115 |
| Reserves | 1.8k | 2.2k | 3.4k | 4.0k | 4.8k | 5.6k | 6.1k | 6.7k |
| Borrowings | 1.3k | 1.2k | 948 | 1.4k | 1.7k | 2.5k | 2.9k | 2.7k |
| Other Liabilities | 2.4k | 2.6k | 2.4k | 2.7k | 3.2k | 3.5k | 3.7k | 4.1k |
| Total Liabilities | 5.6k | 6.0k | 6.8k | 8.3k | 9.9k | 11.7k | 12.8k | 13.7k |
| AssetsFixed Assets | 2.7k | 2.8k | 2.8k | 3.3k | 3.9k | 4.7k | 5.4k | 5.7k |
| CWIP | 360 | 134 | 347 | 293 | 216 | 730 | 546 | 746 |
| Investments | 398 | 531 | 607 | 869 | 951 | 848 | 857 | 951 |
| Other Assets | 2.1k | 2.5k | 3.0k | 3.8k | 4.8k | 5.4k | 6.0k | 6.3k |
| Total Assets | 5.6k | 6.0k | 6.8k | 8.3k | 9.9k | 11.7k | 12.8k | 13.7k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 414 | 1.0k | 343 | 383 | 803 | 979 | 1.1k | 1.7k |
| Cash from Investing | -815 | -810 | -361 | -697 | -1.2k | -951 | -1.5k | -1.7k |
| Cash from Financing | 368 | -96 | -40 | 311 | 301 | 90 | 365 | 10 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | -248 | 457 | 55 | -182 | -146 | -54 | -572 | 204 |
| 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 (53.3×) and current (53.7×) 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 22.4% growth and a 53× exit, ₹1116 only delivers your return if you pay ₹1,376. The price is currently baking in 18% growth.
EPS grows 22.4%/yr for 5 years, then fades to 6% over 2, exits at 53×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 22.4% | 25.41 |
| FY28 | 22.4% | 31.10 |
| FY29 | 22.4% | 38.07 |
| FY30 | 22.4% | 46.60 |
| FY31 | 22.4% | 57.03 |
| FY32 | 14.2% ·fade | 65.13 |
| FY33 | 6.0% ·fade | 69.04 |
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.