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股息
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模型
財務狀況
比較
穩健度
圖表
5 年 DCF 收入退出價
股價
125.42
INR
公允價值
239.08
INR
Metrics
Range
Conclusion
Discount Rate
9.3% - 8.3%
8.8%
Terminal Revenue Multiple
1.1x - 1.2x
1.2x
Fair Value
₹226.66 - ₹251.90
₹239.08
Upside
71.8% - 90.9%
81.2%
18.6%
Revenue 5y CAGR
20.6%
5y Avg EBITDA Margin
42.6%
Unlevered FCF 5y CAGR
5-Year DCF Model: Revenue Exit
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儲存
股價
125.42
INR
公允價值
239.08
INR
看漲
81.2%
Revenue and EBITDA
CapEx
Working Capital
D&A
Tax Rate
Discount Rate
Terminal Value
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
13,736
14,770
18,015
20,966
29,234
32,205
% Growth
1.6%
7.5%
22.0%
16.4%
39.4%
10.2%
EBITDA
1,878
2,203
3,126
3,734
7,399
8,956
% of Revenue
13.7%
14.9%
17.4%
17.8%
25.3%
27.8%
支援算式
Calculation of Free Cash Flow
Discounting Periods
Discounting Factors
Calculation of Enterprise Value
Equity Waterfall
Historical Financials
Current Trading Multiples
Calculation of Free Cash Flow
Projected Unlevered Cash Flow
(INR in millions)
Mar-25
Mar-26
Mar-27
Mar-28
Mar-29
EBITDA
2,203
3,126
3,734
7,399
8,956
Other Income / (Exp)
0
0
0
0
0
D&A
(530)
(558)
(589)
(821)
(905)
EBIT
1,673
2,568
3,145
6,578
8,051
Pro forma Taxes
(452)
(693)
(849)
(1,776)
(2,174)
NOPAT
1,198
1,221
1,875
2,296
4,802
5,878
Capital Expenditures
(412)
(281)
(298)
(279)
(516)
(522)
NWC Investment
(30)
(143)
(447)
(407)
(1,140)
(410)
(+) D&A
238
530
558
589
821
905
Free Cash Flow
993
1,328
1,687
2,199
3,967
5,851
% Growth
34%
27%
30%
80%
47%
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