Models
ALLDIGI TECH LIMITEDALLDIGICommercial Services & Supplies
₹1,095per 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₹1,095implied FY26 P/E 19.5× · EV/EBITDA 10.3×
Against CMP ₹795.20+37.7%close of 2026-09-10
Growth the CMP implies0.9%revenue, a year for 5 years, on your other inputs
Value after FY3171%share of enterprise value in the terminal
This figure is the arithmetic of your inputs and nothing else. MarketPing publishes no fair value, target or rating; the model is yours.
Where the methods land · ₹ per share · the dashed line is the CMP
DCF, rate ±1 · growth ±1your model across the sensitivity grid
₹875₹1,534
52-week rangetraded range, a fact not a value
₹700₹1,000
From enterprise to equity · ₹ crore
| PV of FY27–FY31 free cash flow | 456 |
| PV of terminal value | 1,128 |
| Enterprise value | 1,584 |
| less net debt | 85 |
| less non-controlling interest | 0 |
| add non-operating investments | 0 |
| Equity value | 1,669 |
| ÷ 1.52 crore shares | ₹1,095 |
Free cash flow, filed and modelled · ₹ '000 crore
Filed, cash from operations − capexModelled free cash flow to firm
Sensitivity · ₹ per share
Down Across| WACC ↓terminal growth → | 4.0% | 4.5% | 5.0% | 5.5% | 6.0% |
|---|---|---|---|---|---|
| 10.00% | 1,128 | 1,202 | 1,290 | 1,398 | 1,534 |
| 10.50% | 1,050 | 1,111 | 1,184 | 1,271 | 1,377 |
| 11.00% | 983 | 1,035 | 1,095 | 1,166 | 1,251 |
| 11.50% | 925 | 969 | 1,020 | 1,079 | 1,149 |
| 12.00% | 875 | 912 | 955 | 1,005 | 1,063 |
The outlined cell is your model. Green figures sit above the CMP of ₹795.20; n/a marks a terminal growth at or above the discount rate. Steps: WACC and terminal growth ±0.5 point, growth ±2, margin ±1.
Distribution of outcomes · 4,000 draws · growth, margin and the discount rate vary together
| 10th · 50th · 90th percentile, ₹ per share | 874 · 1,087 · 1,342 |
| Draws below the CMP | 3% |
| Rank correlation with ebitda margin | +0.76 |
| Rank correlation with discount rate | −0.48 |
| Rank correlation with revenue growth | +0.36 |
Each driver is drawn from a PERT distribution between the lowest and highest value across your scenarios (or ±50% growth, ±20% margin when there is one scenario), with the discount rate ±1.5 points. Seeded, so the same inputs give the same picture.
Projected cash flow to the firm · ₹ crore
History Forward| ₹ crore | FY23 | FY24 | FY25 | FY26 | FY27 | FY28 | FY29 | FY30 | FY31 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 390 | 469 | 546 | 599 | 656 | 718 | 786 | 861 | 942 |
| growth % | 23.1 | 20.2 | 16.4 | 9.6 | 9.5 | 9.5 | 9.5 | 9.5 | 9.5 |
| EBITDA | 88 | 116 | 147 | 154 | 169 | 185 | 203 | 222 | 243 |
| margin % | 22.6 | 24.6 | 26.8 | 25.8 | 25.8 | 25.8 | 25.8 | 25.8 | 25.8 |
| less depreciation | (28) | (34) | (43) | (59) | (64) | (70) | (77) | (84) | (92) |
| EBIT | 60 | 82 | 104 | 96 | 105 | 115 | 126 | 138 | 151 |
| less tax on EBIT | (14) | (15) | (17) | (18) | (20) | (22) | |||
| NOPAT | 82 | 89 | 98 | 107 | 117 | 129 | |||
| add depreciation | 28 | 34 | 43 | 59 | 64 | 70 | 77 | 84 | 92 |
| less capex | (15) | (17) | (17) | (28) | (31) | (47) | (65) | (86) | (111) |
| less working-capital build | — | (1) | (1) | (1) | (1) | (2) | |||
| Free cash flow to firm | 56 | 73 | 101 | — | 121 | 120 | 118 | 114 | 109 |
| Discount factor | 0.949 | 0.855 | 0.770 | 0.694 | 0.625 | ||||
| Present value | 115 | 103 | 91 | 79 | 68 |
History columns are the filed years (free cash flow there is cash from operations − capex, as filed); the base year and everything to its right come from the engine. Forward is the explicit horizon of the model itself: 3, 5 or 10 years, then flat.
The three statements, projected · ₹ crore · debt held at 0, dividends at 100% of profit
| ₹ crore | FY26 | FY27 | FY28 | FY29 | FY30 | FY31 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| EBIT | 96 | 105 | 115 | 126 | 138 | 151 |
| Interest at 8% on debt | 0 | 0 | 0 | 0 | 0 | |
| Profit before tax | 105 | 115 | 126 | 138 | 151 | |
| Profit after tax | 82 | 89 | 98 | 107 | 117 | 129 |
| Dividends | (91) | (89) | (98) | (107) | (117) | (129) |
| Balance sheet, year end | ||||||
| Cash | 85 | 116 | 139 | 149 | 146 | 126 |
| Working capital | 11 | 12 | 13 | 15 | 16 | 18 |
| Net block and other assets | 423 | 390 | 367 | 355 | 357 | 376 |
| Debt | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity | 251 | 251 | 251 | 251 | 251 | 251 |
| Balance check | 0 | 0 | (0) | 0 | 0 | 0 |
| Cash flow | ||||||
| From operations | 153 | 167 | 183 | 200 | 219 | |
| Investing (capex) | (31) | (47) | (65) | (86) | (111) | |
| Financing (dividends) | (89) | (98) | (107) | (117) | (129) | |
| Net change in cash | 32 | 22 | 11 | (3) | (20) | |
| Free cash flow to equity | 121 | 120 | 118 | 114 | 109 | |
Other liabilities are held at their FY26 level, so the check tests only what the model moves: cash, working capital, net block and other assets, debt and equity. A non-zero check would mean the three statements no longer tie.
Scenarios side by side · ₹ per share
| Scenario | Template | Growth | Margin | Rate | Terminal | ₹ / share | vs CMP |
|---|---|---|---|---|---|---|---|
| Base · editing | DCF | 9.5% | 25.8% | 11.00% | 5% | ₹1,095 | 37.7% |
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.