Looks like there`s been an error while trying to load this page.
Our team has been notified but please contact us using the email support widget if the problem persists.
| Metrics | Range | Conclusion |
|---|---|---|
| Selected LTM EBITDA Multiple | 13.6x - 15.0x | 14.3x |
| Selected Fwd EBITDA Multiple | 9.2x - 10.1x | 9.7x |
| Fair Value | ₹620.78 - ₹722.16 | ₹671.47 |
| Upside | 1.1% - 17.6% | 9.4% |
| Benchmarks | Ticker | Full Ticker |
| Laxmi Organic Industries Limited | 543277 | BSE:543277 |
| Aimco Pesticides Limited | 524288 | BSE:524288 |
| Chemcon Speciality Chemicals Limited | 543233 | BSE:543233 |
| Heranba Industries Limited | 543266 | BSE:543266 |
| Sharda Cropchem Limited | 538666 | BSE:538666 |
| UPL Limited | 512070 | BSE:512070 |
| - | - | - |
| Select LTM EBITDA Multiple | |||||||
| Benchmark Companies | |||||||
| 543277 | 524288 | 543233 | 543266 | 538666 | 512070 | ||
| BSE:543277 | BSE:524288 | BSE:543233 | BSE:543266 | BSE:538666 | BSE:512070 | ||
| Historical EBITDA Growth | |||||||
| 5Y CAGR | 10.4% | NM- | -16.2% | -9.0% | -2.6% | 0.4% | |
| 3Y CAGR | 6.2% | NM- | -30.4% | -28.1% | -10.7% | -18.7% | |
| Latest Twelve Months | 47.8% | 73.2% | -8.0% | 19.6% | 154.2% | 3.4% | |
| Historical EBITDA Profit Margin | |||||||
| 5 Year Average Margin | 10.4% | 2.6% | 24.2% | 13.0% | 16.7% | 16.9% | |
| Prior Fiscal Year | 9.0% | 1.6% | 23.3% | 11.7% | 16.3% | 18.5% | |
| Latest Fiscal Year | 9.2% | -3.5% | 10.2% | 6.5% | 10.2% | 9.6% | |
| Latest Twelve Months | 10.9% | -0.9% | 15.7% | 8.1% | 17.2% | 12.1% | |
| Current Trading Multiples | |||||||
| EV / LTM Revenue | 1.47x | 0.56x | 2.25x | 0.84x | 0.97x | 1.96x | |
| EV / LTM EBITDA | 13.5x | -59.8x | 14.3x | 10.3x | 5.6x | 16.2x | |
| EV / LTM EBIT | 22.0x | -16.4x | 22.2x | 13.7x | 9.7x | 22.2x | |
| Low | Mid | High | |||||
| Benchmark EV / LTM EBITDA | -59.8x | 10.3x | 14.3x | ||||
| Historical EV / LTM EBITDA | 8.1x | 10.3x | 13.5x | ||||
| Selected EV / LTM EBITDA | 13.6x | 14.3x | 15.0x | ||||
| (x) LTM EBITDA | 54,418 | 54,418 | 54,418 | ||||
| (=) Implied Enterprise Value | 738,592 | 777,466 | 816,339 | ||||
| (-) Non-shareholder Claims * | (289,040) | (289,040) | (289,040) | ||||
| (=) Equity Value | 449,552 | 488,426 | 527,299 | ||||
| (/) Shares Outstanding | 844.4 | 844.4 | 844.4 | ||||
| Implied Value Range | 532.37 | 578.41 | 624.44 | ||||
| FX Rate: INR/INR | 1.0 | 1.0 | 1.0 | Market Price | |||
| Implied Value Range (Trading Cur) | 532.37 | 578.41 | 624.44 | 614.00 | |||
| Upside / (Downside) | -13.3% | -5.8% | 1.7% | ||||
| Equity Waterfall | |||||||
| Benchmark Companies | |||||||
| (in millions) | 543277 | 524288 | 543233 | 543266 | 538666 | 512070 | |
| Enterprise Value | 45,100 | 1,019 | 4,774 | 11,107 | 36,907 | 807,522 | |
| (+) Cash & Short Term Investments | 3,180 | 9 | 1,811 | 385 | 6,588 | 43,130 | |
| (+) Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | |
| (-) Debt | (2,004) | (224) | (432) | (2,369) | (121) | (332,170) | |
| (-) Other Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | |
| (-) Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | |
| (-) Other | 0 | 0 | 0 | 0 | 0 | 0 | |
| Value of Common Equity | 46,277 | 804 | 6,152 | 9,123 | 43,374 | 518,482 | |
| (/) Shares Outstanding | 277.0 | 9.6 | 36.6 | 40.0 | 90.2 | 844.4 | |
| Implied Stock Price | 167.05 | 83.92 | 167.95 | 228.00 | 480.75 | 614.00 | |
| FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
| Implied Stock Price (Trading Cur) | 167.05 | 83.92 | 167.95 | 228.00 | 480.75 | 614.00 | |
| Trading Currency | INR | INR | INR | INR | INR | INR | |
| FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |