Models
APTUS VALUE HSG FIN I LTDAPTUSFinance
₹189per 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₹189implied P/B 1.87× on FY26 book
Against CMP ₹246.81−23.4%close of 2026-09-10
Cost of equity13.27%risk-free + beta × equity risk premium
Book equity, FY26₹101per share · excess returns add ₹88
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 | 5,060 | 5,776 | 6,594 | 7,527 | 8,593 |
| Net income at 18.6% ROE | 941 | 1,074 | 1,226 | 1,400 | 1,598 |
| Cost of equity charge at 13.27% | (671) | (766) | (875) | (999) | (1,140) |
| Excess return | 270 | 308 | 352 | 401 | 458 |
| Present value | 254 | 256 | 258 | 260 | 262 |
| Closing book equity | 5,776 | 6,594 | 7,527 | 8,593 | 9,809 |
| Book equity today | 5,060 |
| PV of 5 years of excess return | 1,288 |
| PV of the terminal excess return, 5% flat | 3,122 |
| add non-operating investments | 0 |
| Equity value | 9,469 |
| ÷ 50.08 crore shares | ₹189 |
Where the methods land · ₹ per share · the dashed line is the CMP
52-week rangetraded range, a fact not a value
₹193₹350
Scenarios side by side · ₹ per share
| Scenario | Template | Growth | Margin | Rate | Terminal | ₹ / share | vs CMP |
|---|---|---|---|---|---|---|---|
| Base · editing | Excess return | ROE 18.6% | — | 13.27% | 5% | ₹189 | (23.4)% |
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.