Models
APOLLO FINVEST (INDIA) LTD.BSE 512437Finance
₹85per 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₹85implied P/B 0.43× on FY26 book
Against CMP ₹448.00−81.1%close of 28 Oct 2026
Cost of equity13.63%risk-free + beta × equity risk premium
Book equity, FY26₹198per share · excess returns add ₹(114)
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 | 74 | 81 | 89 | 97 | 106 |
| Net income at 9.4% ROE | 7 | 8 | 8 | 9 | 10 |
| Cost of equity charge at 13.63% | (10) | (11) | (12) | (13) | (14) |
| Excess return | (3) | (3) | (4) | (4) | (4) |
| Present value | (3) | (3) | (3) | (3) | (3) |
| Closing book equity | 81 | 89 | 97 | 106 | 116 |
| Book equity today | 74 |
| PV of 5 years of excess return | (14) |
| PV of the terminal excess return, 5% flat | (29) |
| add non-operating investments | 0 |
| Equity value | 32 |
| ÷ 0.37 crore shares | ₹85 |
ROE is at or below the cost of equity, so every year destroys value against book and the model lands below book value. That is the arithmetic, not a view.
Where the methods land · ₹ per share · the dashed line is the CMP
52-week rangetraded range, a fact not a value
₹299₹602
Scenarios side by side · ₹ per share
| Scenario | Template | Growth | Margin | Rate | Terminal | ₹ / share | vs CMP |
|---|---|---|---|---|---|---|---|
| Base · editing | Excess return | ROE 9.4% | — | 13.63% | 5% | ₹85 | (81.1)% |
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.