Models
AUTHUM INVEST & INFRA LTDAIILFinance
₹87per 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₹87implied P/B 0.50× on FY26 book
Against CMP ₹536.10−83.8%close of 2026-09-10
Cost of equity18.16%risk-free + beta × equity risk premium
Book equity, FY26₹174per share · excess returns add ₹(87)
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 | 14,766 | 16,698 | 18,884 | 21,355 | 24,150 |
| Net income at 13.1% ROE | 1,934 | 2,187 | 2,474 | 2,798 | 3,164 |
| Cost of equity charge at 18.16% | (2,682) | (3,033) | (3,430) | (3,879) | (4,387) |
| Excess return | (748) | (846) | (956) | (1,082) | (1,223) |
| Present value | (688) | (658) | (630) | (603) | (577) |
| Closing book equity | 16,698 | 18,884 | 21,355 | 24,150 | 27,310 |
| Book equity today | 14,766 |
| PV of 5 years of excess return | (3,157) |
| PV of the terminal excess return, 5% flat | (4,235) |
| add non-operating investments | 0 |
| Equity value | 7,375 |
| ÷ 84.92 crore shares | ₹87 |
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
₹400₹683
Scenarios side by side · ₹ per share
| Scenario | Template | Growth | Margin | Rate | Terminal | ₹ / share | vs CMP |
|---|---|---|---|---|---|---|---|
| Base · editing | Excess return | ROE 13.1% | — | 18.16% | 5% | ₹87 | (83.8)% |
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.