India's largest power-tiller maker; also makes tractors, power weeders, reapers and precision components.
Price
Market Cap
Sector
Industrials
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| Reserves | 568 | 659 | 741 | 816 | 915 | 995 | 1.1k | 1.1k |
| Borrowings | 0 | 0 | 0 | 2 | 1 | 2 | 2 | 2 |
| Other Liabilities | 152 | 218 | 217 | 264 | 242 | 261 | 284 | 248 |
| Total Liabilities | 729 | 885 | 966 | 1.1k | 1.2k | 1.3k | 1.3k | 1.3k |
| AssetsFixed Assets | 206 | 248 | 266 | 261 | 250 | 240 | 234 | 232 |
| CWIP | 48 | 25 | 12 | 14 | 5 | 10 | 18 | 18 |
| Investments | 156 | 312 | 414 | 430 | 484 | 525 | 638 | 634 |
| Other Assets | 318 | 300 | 275 | 385 | 428 | 492 | 455 | 464 |
| Total Assets | 729 | 885 | 966 | 1.1k | 1.2k | 1.3k | 1.3k | 1.3k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 43 | 72 | 155 | 125 | 36 | 49 | 77 | 132 |
| Cash from Investing | 11 | -33 | -148 | -110 | -32 | 9 | -29 | -136 |
| Cash from Financing | -54 | -33 | -2 | -19 | -19 | -24 | -20 | -20 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | -2 | 38 | 127 | 96 | 12 | 41 | 56 | 105 |
| 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 (39.3×) and current (44.6×) 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 -1.3% growth and a 39× exit, ₹4567 only delivers your return if you pay ₹1,527. The price is currently baking in 20% growth.
EPS grows -1.3%/yr for 5 years, then fades to 6% over 2, exits at 39×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | -1.3% | 101.17 |
| FY28 | -1.3% | 99.85 |
| FY29 | -1.3% | 98.55 |
| FY30 | -1.3% | 97.27 |
| FY31 | -1.3% | 96.01 |
| FY32 | 2.3% ·fade | 98.26 |
| FY33 | 6.0% ·fade | 104.16 |
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.