Models
ALFRED HERBERT INDIA LALFREDHEFinance
₹4,89,966per share · Base Model Note
Revenue growth, 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₹4,89,966implied P/B 65.81× on FY26 book
Against CMP ₹2,880.00+16912.7%close of 2026-09-10
Cost of equity12.39%risk-free + beta × equity risk premium
Book equity, FY26₹7,445per share · excess returns add ₹4,82,522
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 | FY27 | FY28 | FY29 | FY30 | FY31 |
|---|---|---|---|---|---|
| Opening book equity | 574 | 1,029 | 1,846 | 3,310 | 5,935 |
| Net income at 79.4% ROE | 456 | 817 | 1,466 | 2,628 | 4,713 |
| Cost of equity charge at 12.39% | (71) | (128) | (229) | (410) | (735) |
| Excess return | 385 | 690 | 1,237 | 2,218 | 3,977 |
| Present value | 363 | 579 | 924 | 1,474 | 2,351 |
| Closing book equity | 1,029 | 1,846 | 3,310 | 5,935 | 10,643 |
| Book equity today | 574 |
| PV of 5 years of excess return | 5,690 |
| PV of the terminal excess return, 5% flat | 31,512 |
| add non-operating investments | 0 |
| Equity value | 37,776 |
| ÷ 0.08 crore shares | ₹4,89,966 |
Scenarios side by side · ₹ per share
| Scenario | Template | Growth | Margin | Rate | Terminal | ₹ / share | vs CMP |
|---|---|---|---|---|---|---|---|
| Base · editing | Excess return | ROE 79.4% | — | 12.39% | 5% | ₹4,89,966 | 16912.7% |
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.