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 |
|---|---|---|
| Discount Rate | 8.8% - 7.8% | 8.3% |
| Terminal Revenue Multiple | 2.7x - 3.0x | 2.8x |
| Fair Value | ₹105.64 - ₹112.69 | ₹109.11 |
| Upside | 20.2% - 28.2% | 24.1% |
| Select Revenue and EBITDA Forecast | ||||||
| (INR in millions) | Input Projections | |||||
| Fiscal Years Ending | Mar-24 | Mar-25 | Mar-26 | Mar-27 | Mar-28 | Mar-29 |
| Revenue | 280 | 280 | 280 | 280 | 280 | 280 |
| % Growth | -1.3% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| EBITDA | 54 | 62 | 62 | 62 | 62 | 62 |
| % of Revenue | 19.4% | 22.2% | 22.2% | 22.2% | 22.2% | 22.2% |
| Calculation of Free Cash Flow | ||||||
| Projected Unlevered Cash Flow | ||||||
| (INR in millions) | Mar-25 | Mar-26 | Mar-27 | Mar-28 | Mar-29 | |
| EBITDA | 62 | 62 | 62 | 62 | 62 | |
| Other Income / (Exp) | 0 | 0 | 0 | 0 | 0 | |
| D&A | (6) | (6) | (6) | (6) | (6) | |
| EBIT | 57 | 57 | 57 | 57 | 57 | |
| Pro forma Taxes | (12) | (12) | (12) | (12) | (12) | |
| NOPAT | 39 | 44 | 44 | 44 | 44 | 44 |
| Capital Expenditures | (22) | (11) | (11) | (15) | (15) | (15) |
| NWC Investment | 0 | 0 | 0 | 0 | 0 | 0 |
| (+) D&A | 4 | 6 | 6 | 6 | 6 | 6 |
| Free Cash Flow | 22 | 39 | 39 | 35 | 35 | 35 |
| % Growth | 78% | 0% | -9% | 0% | 0% | |