Models
AAVAS FINANCIERS LIMITEDAAVASFinance
₹645per share · Base Model Note
The horizon and scenarios are yours to change. Every other input is part of the Trader plan; saving, sharing a saved link and the live-formula workbook are part of the Institutional plan.
Scenario
Value per share, your model₹645implied P/B 1.36× on FY24 book
Against CMP ₹1,133.00−43.1%close of 27 Oct 2026
Cost of equity11.29%risk-free + beta × equity risk premium
Book equity, FY24₹476per share · excess returns add ₹169
This figure is the arithmetic of your inputs and nothing else. MarketPing publishes no fair value, target or rating; the model is yours.
Excess-return schedule · ₹ crore · book equity earns your ROE; value is book plus the returns above the cost of equity
| ₹ crore | FY25 | FY26 | FY27 | FY28 | FY29 |
|---|---|---|---|---|---|
| Opening book equity | 3,773 | 4,263 | 4,818 | 5,444 | 6,152 |
| Net income at 13% ROE | 490 | 554 | 626 | 708 | 800 |
| Cost of equity charge at 11.29% | (426) | (481) | (544) | (615) | (695) |
| Excess return | 64 | 73 | 82 | 93 | 105 |
| Present value | 61 | 62 | 63 | 64 | 65 |
| Closing book equity | 4,263 | 4,818 | 5,444 | 6,152 | 6,952 |
| Book equity today | 3,773 |
| PV of 5 years of excess return | 315 |
| PV of the terminal excess return, 5% flat | 1,026 |
| add non-operating investments | 0 |
| Equity value | 5,113 |
| ÷ 7.93 crore shares | ₹645 |
Where the methods land · ₹ per share · the dashed line is the CMP
52-week rangetraded range, a fact not a value
₹1,060₹1,772
Scenarios side by side · ₹ per share
| Scenario | Template | Growth | Margin | Rate | Terminal | ₹ / share | vs CMP |
|---|---|---|---|---|---|---|---|
| Base · editing | Excess return | ROE 13% | — | 11.29% | 5% | ₹645 | (43.1)% |
A scenario is a full set of inputs under a name. Keep Base as the filed history carried forward; add Bull and Bear by saving the current inputs under those names and moving the two or three assumptions you actually hold a view on. The distribution above draws each driver between the lowest and highest value across your scenarios, so three scenarios give it a real range; with one scenario it falls back to fixed bands.