Mumbai-based manufacturer, trader and distributor of spectacle/optical lenses, sold under proprietary brands (Lustraa, Optus, Seto) and as India's exclusive distributor for HOYA's Pentax and Rodenstock's Optovision lenses.
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 0 | 0 | 0 | 18 | 25 | 25 | 25 |
| Reserves | 4 | 11 | 19 | 12 | 66 | 69 | 75 |
| Borrowings | 6 | 4 | 11 | 25 | 15 | 10 | 5 |
| Other Liabilities | 2 | 9 | 4 | 5 | 7 | 14 | 11 |
| Total Liabilities | 12 | 24 | 34 | 61 | 112 | 118 | 115 |
| AssetsFixed Assets | 0 | 4 | 8 | 19 | 30 | 38 | 42 |
| CWIP | 0 | 0 | 0 | 6 | 3 | 21 | 22 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 12 | 20 | 26 | 35 | 79 | 58 | 51 |
| Total Assets | 12 | 24 | 34 | 61 | 112 | 118 | 115 |
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -0 | 8 | -12 | -12 | 6 | 10 |
| Cash from Investing | -0 | -5 | -8 | -19 | -37 | -7 |
| Cash from Financing | 0 | -2 | 10 | 31 | 31 | -3 |
| SummaryCapital Expenditure | — | — | — | — | — | — |
| Free Cash Flow | -0 | 3 | -20 | -25 | -6 | -24 |
| 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 (8.4×) and current (18.1×) 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 10% growth and a 8× exit, ₹112 only delivers your return if you pay ₹34. The price is currently baking in 36% growth.
EPS grows 10%/yr for 5 years, then fades to 6% over 2, exits at 8×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 10.0% | 6.82 |
| FY28 | 10.0% | 7.50 |
| FY29 | 10.0% | 8.25 |
| FY30 | 10.0% | 9.08 |
| FY31 | 10.0% | 9.99 |
| FY32 | 8.0% ·fade | 10.78 |
| FY33 | 6.0% ·fade | 11.43 |
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.