PAN-India EPC contractor building power transmission, solar, water and railway infrastructure end-to-end.
Price
Market Cap
Sector
Industrials
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 0 | 0 | 0 | 0 | 0 | 18 | 26 | 26 |
| Reserves | 67 | 83 | 93 | 131 | 291 | 450 | 1.1k | 1.2k |
| Borrowings | 66 | 98 | 92 | 157 | 184 | 274 | 318 | 301 |
| Other Liabilities | 154 | 192 | 314 | 425 | 484 | 612 | 491 | 965 |
| Total Liabilities | 286 | 373 | 499 | 712 | 960 | 1.4k | 2.0k | 2.5k |
| AssetsFixed Assets | 8 | 9 | 14 | 14 | 12 | 13 | 12 | 21 |
| CWIP | 0 | 2 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 7 | 12 | 1 | 1 | 1 | 1 | 1 |
| Other Assets | 278 | 355 | 474 | 698 | 947 | 1.3k | 2.0k | 2.5k |
| Total Assets | 286 | 373 | 499 | 712 | 960 | 1.4k | 2.0k | 2.5k |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 20 | -12 | 23 | 6 | -66 | -129 | -437 |
| Cash from Investing | 2 | -7 | -8 | -14 | -16 | -9 | -156 |
| Cash from Financing | -23 | 20 | -22 | 9 | 82 | 141 | 624 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — |
| Free Cash Flow | 18 | -15 | 18 | 5 | -69 | -132 | -553 |
| FCF Margin | — | — | — | — | — | — | — |
For capital-heavy businesses (telecom, power, heavy manufacturing) reported profit ignores the cash needed just to stand still. We'd systematically overvalue it, so we don't show a number.
VIKRAN · CAPITAL_INTENSIVE
Guides on how to read this kind of business and the numbers that matter.