Mid Engineering & Capital Goods
Market Cap
₹46,630 ₹46,630 Cr.
P/E
87.40
PEG
8.92
PEG = P/E ÷ 5yr Forward EPS CAGR
5yr Forward EPS CAGR Thesis - Base Case

- The base thesis depends on steady customer conversion and fixed-cost absorption; EBITDA margin must recover to 27.0% without a sustained rise in imported raw-material or labour costs.- The grouped Other pool (CPG, aerospace, powder, tools, traded products) is the largest source of incremental revenue, making mix and product-level execution the swing factor.
- Bear case is triggered by DPG demand weakness or an export mix below 70% while margins compress; bull case needs faster MPG customer conversion and utilisation gains.

Get your Reports on Demand
Get detailed, analyst-grade reports with actionable insights to make informed investment decisions.
  Flat 20% OFF
 for Tijori Premium Users
My Reports
  Flat 20% OFF  for Tijori Premium Users
5Y Revenue & EBITDA Estimates
KEY TRIGGERS TO WATCH
  • The base thesis depends on steady customer conversion and fixed-cost absorption; EBITDA margin must recover to 27.0% without a sustained rise in imported raw-material or labour costs.
  • The grouped Other pool (CPG, aerospace, powder, tools, traded products) is the largest source of incremental revenue, making mix and product-level execution the swing factor.
  • Bear case is triggered by DPG demand weakness or an export mix below 70% while margins compress; bull case needs faster MPG customer conversion and utilisation gains.
Bear : 0.4% CAGR ₹186 Cr
Base: 5.4% CAGR ₹236 Cr
Bull: 9.5% CAGR ₹286 Cr
Management Credibility Report
TRACK RECORD
  • Trust is untested: no forward-looking commitment has completed its measurement period, so management's guidance record is unproven, not discredited.
  • Expansion and operating statements rely on undated language ('will serve', 'in process', 'optimize') with no commissioning, utilisation, or margin thresholds, so they cannot be held against actuals.
  • The only concrete promises are post-offer loan repayments and annual KPI disclosure; these remain intentions until repayment confirmation and the first reporting cycle appear.
Met : 0
Progress: 0
Missed : 0
Risk Probe Report
WORST-CASE SCENARIO
  • Financial profile is solid - strong operating cash flow and low net leverage - but the risk character is shaped by M&A integration frictions, regulatory disputes, and high promoter control rather than balance-sheet stress.
  • The existential exposure is external: a US/EU tariff wall combined with OEM reshoring that cuts export orders by roughly 30% would strike a large share of revenue and hit EBITDA disproportionately, rated Severe.
  • Recurring subsidiary impairments, a low implied cash yield, and unresolved tax/GST and CDSCO matters are the frictions most likely to hide value leakage.
High Risk : 0
Medium Risk : 12
Low Risk : 4
Powered By
Ideas Dashboard
Results
Timeline
Watchlist
Portfolio
Alerts
Stock Screener
Market
Raw Material