India's leading maker of braking, stability and safety systems for trucks, buses and trailers.
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| Reserves | 1.9k | 2.0k | 2.1k | 2.4k | 2.8k | 3.2k | 3.4k | 3.7k |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 66 | 62 | 55 |
| Other Liabilities | 286 | 500 | 523 | 611 | 581 | 484 | 522 | 637 |
| Total Liabilities | 2.2k | 2.5k | 2.6k | 3.0k | 3.4k | 3.8k | 4.0k | 4.4k |
| AssetsFixed Assets | 471 | 432 | 536 | 586 | 669 | 729 | 719 | 720 |
| CWIP | 30 | 50 | 20 | 77 | 83 | 63 | 60 | 59 |
| Investments | 542 | 640 | 399 | 101 | 26 | 31 | 427 | 606 |
| Other Assets | 1.1k | 1.4k | 1.7k | 2.3k | 2.6k | 2.9k | 2.8k | 3.0k |
| Total Assets | 2.2k | 2.5k | 2.6k | 3.0k | 3.4k | 3.8k | 4.0k | 4.4k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 150 | 224 | 138 | 138 | 299 | 193 | 274 | 809 |
| Cash from Investing | -429 | -165 | -24 | -178 | -270 | -135 | -211 | -697 |
| Cash from Financing | -18 | -48 | -19 | -28 | -31 | -34 | -44 | -52 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 31 | 132 | 68 | -38 | 171 | 12 | 123 | 669 |
| 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 (320.0×) and current (370.1×) 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 16.9% growth and a 320× exit, ₹15795 only delivers your return if you pay ₹13,242. The price is currently baking in 21% growth.
EPS grows 16.9%/yr for 5 years, then fades to 6% over 2, exits at 320×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 16.9% | 49.89 |
| FY28 | 16.9% | 58.32 |
| FY29 | 16.9% | 68.18 |
| FY30 | 16.9% | 79.70 |
| FY31 | 16.9% | 93.17 |
| FY32 | 11.4% ·fade | 103.84 |
| FY33 | 6.0% ·fade | 110.07 |
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.