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Model Note · ABBOTT INDIA LIMITED · 11 September 2026Page 1 of 2
Model Note
Prepared by the reader · not a MarketPing document
ABBOTT INDIA LIMITED Discounted cash flow · base FY26
ABBOTT INDIA LIMITED
Value per share, this model₹12,801
CMP 2026-09-10₹25,540.00
Difference(49.9)%
Growth the CMP implies26.4%/yr
This note states the assumptions and the arithmetic of one model of ABBOTT INDIA LIMITED, built on its filed FY26 consolidated statements. The value is the outcome of the assumptions below and nothing else; it is not a fair value, a target or a recommendation.
Assumptions
Input
This model
Filed reference
Revenue growth, 5 years
8% a year
FY26 8.1% · 5-yr CAGR 10.0%
EBITDA margin
27.3%
FY26 27.3% · 5-yr average 24.6%
Depreciation · capex, % of revenue
1.1% · 0.6%, fading to 1.2× depreciation
FY26 1.1% · 0.6%
Working capital, % of added revenue · tax
2.9% · 25.4%
11 working-capital days · effective 25.4%
Discount rate
11.00%
1-yr beta 0.3
After FY31
5% flat · mid-year discounting
—
Net debt · non-controlling interest · non-operating investments
₹(442) · ₹0 · ₹0 cr
FY26 net debt ₹(442) cr
Shares
2.13 crore
2.13 crore today
Source: SEBI results XBRL as filed with BSE/NSE, exchange prices; the reader's assumptions.
Projected cash flow to the firm
₹ crore
FY26
FY27
FY28
FY29
FY30
FY31
Revenue
6,929
7,483
8,082
8,729
9,427
10,181
growth %
8.1
8.0
8.0
8.0
8.0
8.0
EBITDA
1,892
2,043
2,206
2,383
2,574
2,779
Depreciation
(76)
(82)
(89)
(96)
(104)
(112)
NOPAT
1,355
1,463
1,580
1,706
1,843
1,990
less capex
(41)
(45)
(63)
(84)
(107)
(134)
less working-capital build
—
(16)
(17)
(19)
(20)
(22)
Free cash flow to firm
—
1,484
1,588
1,699
1,818
1,946
Present value
1,409
1,358
1,309
1,262
1,216
Source: the model; base year as filed.
Every figure is the reader's model over filed numbers · No rating, target or fair value is expressedmarketping.in
Model Note · ABBOTT INDIA LIMITED · 11 September 2026Page 2 of 2
From enterprise to equity
PV of the 5 explicit years
6,554
PV of the terminal value (76% of EV)
20,206
Enterprise value
26,761
less net debt
442
less non-controlling interest
0
add non-operating investments
0
Equity value
27,203
÷ 2.13 crore shares
₹12,801
Source: the model.
Sensitivity, ₹ per share
WACC ↓ · terminal growth →
4.0%
4.5%
5.0%
5.5%
6.0%
10.0%
13,215
14,163
15,300
16,690
18,427
10.5%
12,219
13,006
13,936
15,053
16,418
11.0%
11,365
12,028
12,801
13,715
14,812
11.5%
10,626
11,190
11,841
12,601
13,498
12.0%
9,980
10,465
11,019
11,659
12,405
Source: the model; n/a where terminal growth reaches the discount rate.
Statement
This note is the reader's own model over publicly filed information: SEBI results XBRL filed with BSE and NSE and exchange price data, assembled by MarketPing software; every assumption above is the reader's. It contains no research recommendation, no price target and no opinion by MarketPing on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Historical per-share figures are on the current share count. Where a figure is unavailable the table shows a dash rather than an estimate. Nothing here constitutes investment advice, an offer or a solicitation.
Every figure is the reader's model over filed numbers · No rating, target or fair value is expressedmarketping.in
