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    Vesuvius India Limited

    Makes refractories and molten-metal flow-control products for steel, aluminium, cement and refinery plants.

    Capital Goods
    Industrials
    View VESUVIUS earnings calls
    ₹465.9
    -1.31% from avg

    Overview

    Price

    ₹465.9

    Market Cap

    ₹9.1k Cr

    Sector

    Capital Goods

    Industrials

    Rank

    5

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital2020202020202020
    Reserves7848228769771.2k1.4k1.5k1.6k
    Borrowings000013131414
    Other Liabilities177216292333382402472472
    Total Liabilities9811.1k1.2k1.3k1.6k1.8k2.0k2.1k
    AssetsFixed Assets124120116194316434601622
    CWIP28212738861965052
    Investments00000000
    Other Assets8299171.0k1.1k1.2k1.2k1.4k1.5k
    Total Assets9811.1k1.2k1.3k1.6k1.8k2.0k2.1k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating95741022712882258177
    Cash from Investing-310297-503-39-6-37-233-18
    Cash from Financing-17-17-14-14-16-18-27-30
    SummaryCapital Expenditure
    Free Cash Flow704387-516-11716102
    FCF Margin

    Valuation

    Assumptions

    Current — VESUVIUS
    Price
    ₹466
    EPS (TTM)
    ₹11.55
    PE (TTM)
    40.4
    Profit growth
    20.0%

    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 (305.7×) and current (40.4×) 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.

    Valuation

    Current price
    ₹466
    vs
    Fair value · 15% return
    ₹518
    11%Undervalued

    At 20% growth and a 40× exit, ₹466 only delivers your return if you pay ₹518. The price is currently baking in 18% growth.

    EPS grows 20%/yr for 5 years, then fades to 6% over 2, exits at 40×.

    YearGrowthEPS (₹)
    FY2720.0%13.86
    FY2820.0%16.63
    FY2920.0%19.96
    FY3020.0%23.95
    FY3120.0%28.74
    FY3213.0% ·fade32.48
    FY336.0% ·fade34.42

    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.

    Learn to analyse Vesuvius India Limited

    Guides on how to read this kind of business and the numbers that matter.