IKIO
IKIO Technologies Limited
If management delivers what it guided
arithmetic on filed guidance and past valuations · not a price target
IKIO
FY26 → FY27 · 1 year of guidance · ~0.7 years from today₹200 today
BEAR
₹111
-45%
12.7% a year · 18.2x exit
BASE
₹172
-14%
22% a year · 26.3x exit
BULL
₹265
+32%
29.9% a year · 38x exit
Where the market has priced it
14x37x today94x
- this company has too little filed history for a multiple band of its own, so the exit multiple is the median of 22 Electrical Products peers
How these numbers are produced
| Earnings base | FY26 fiscal year EPS ₹5.38 (screener) |
|---|---|
| Guided growth | 22% a year, said on the call of 08-May-2026 · transcript |
| Read across as | operating: unlabelled growth figure, read as revenue — medium confidence |
| Delivery calibration | 0.58x / 1x / 1.36x of what was guided — measured: 76 annual guided-vs-filed pairs + 77 near-complete quarterly years — NSE transcripts against the companies' own filings |
| Exit multiple | 18.25x / 26.27x / 38x, this company’s own p20 / median / p80 across 22 filed years |
| Filed-industry peers | median 26.27x across 22 peers — the cross-check, not the input |
| Arithmetic | base EPS × (1 + guided growth × delivery)1 × exit multiple |
Arithmetic on management’s own guidance and this company’s own past valuations. Not a price target, not a recommendation, and not a forecast of what the stock will do.
What management said
from NSE earnings-call filings · extracted, not interpreted
generic growth 22%
Sanjeet Singh: So I mean, just to give you a rough idea in terms of the top line, what we are expecting is somewhere close to around 20% to 22% growth in FY '27 because like I said, the U.S.
Call 08-May-2026 · bridge confidence medium · transcript PDF