Models
BANSAL WIRE INDUSTRIES LBANSALWIREIndustrial Products
₹6per 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₹6implied FY26 P/E 0.7× · EV/EBITDA 2.1×
Against CMP ₹311.00−98.0%close of 2026-09-10
Growth the CMP implies45.0%revenue, a year for 5 years, on your other inputs
Value after FY31139%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
₹(10)₹40
52-week rangetraded range, a fact not a value
₹223₹370
From enterprise to equity · ₹ crore
| PV of FY27–FY31 free cash flow | (252) |
| PV of terminal value | 899 |
| Enterprise value | 647 |
| less net debt | (550) |
| less non-controlling interest | 0 |
| add non-operating investments | 0 |
| Equity value | 97 |
| ÷ 15.66 crore shares | ₹6 |
139% of the value sits after FY31. Usual when return on capital sits near the cost of capital; the 5 explicit years carry little of it.
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% | 8 | 14 | 21 | 29 | 40 |
| 10.50% | 2 | 7 | 13 | 20 | 28 |
| 11.00% | (2) | 2 | 6 | 12 | 18 |
| 11.50% | (7) | (3) | 1 | 5 | 11 |
| 12.00% | (10) | (7) | (4) | (0) | 4 |
The outlined cell is your model. Green figures sit above the CMP of ₹311.00; 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 | (73) · 6 · 66 |
| Draws below the CMP | 100% |
| Rank correlation with revenue growth | −0.71 |
| Rank correlation with ebitda margin | +0.67 |
| Rank correlation with discount rate | −0.11 |
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 | FY25 | FY26 | FY27 | FY28 | FY29 | FY30 | FY31 |
|---|---|---|---|---|---|---|---|
| Revenue | 3,507 | 4,160 | 4,929 | 5,841 | 6,922 | 8,202 | 9,720 |
| growth % | — | 18.6 | 18.5 | 18.5 | 18.5 | 18.5 | 18.5 |
| EBITDA | 269 | 307 | 365 | 432 | 512 | 607 | 719 |
| margin % | 7.7 | 7.4 | 7.4 | 7.4 | 7.4 | 7.4 | 7.4 |
| less depreciation | (30) | (57) | (69) | (82) | (97) | (115) | (136) |
| EBIT | 239 | 250 | 296 | 350 | 415 | 492 | 583 |
| less tax on EBIT | (56) | (66) | (78) | (92) | (109) | (129) | |
| NOPAT | 195 | 230 | 273 | 323 | 383 | 454 | |
| add depreciation | 30 | 57 | 69 | 82 | 97 | 115 | 136 |
| less capex | (463) | (233) | (276) | (270) | (252) | (218) | (163) |
| less working-capital build | — | (172) | (204) | (242) | (287) | (340) | |
| Free cash flow to firm | (613) | — | (149) | (120) | (74) | (7) | 87 |
| Discount factor | 0.949 | 0.855 | 0.770 | 0.694 | 0.625 | ||
| Present value | (142) | (102) | (57) | (5) | 54 |
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 552, dividends at 0% of profit
| ₹ crore | FY26 | FY27 | FY28 | FY29 | FY30 | FY31 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| EBIT | 250 | 296 | 350 | 415 | 492 | 583 |
| Interest at 9.7% on debt | (54) | (54) | (54) | (54) | (54) | |
| Profit before tax | 242 | 297 | 362 | 439 | 530 | |
| Profit after tax | 161 | 188 | 231 | 281 | 341 | 412 |
| Dividends | 0 | 0 | 0 | 0 | 0 | 0 |
| Balance sheet, year end | ||||||
| Cash | 2 | (189) | (350) | (466) | (515) | (470) |
| Working capital | 933 | 1,106 | 1,310 | 1,552 | 1,839 | 2,179 |
| Net block and other assets | 1,581 | 1,788 | 1,976 | 2,132 | 2,235 | 2,262 |
| Debt | 552 | 552 | 552 | 552 | 552 | 552 |
| Equity | 1,431 | 1,619 | 1,850 | 2,132 | 2,473 | 2,885 |
| Balance check | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow | ||||||
| From operations | 85 | 109 | 136 | 169 | 208 | |
| Investing (capex) | (276) | (270) | (252) | (218) | (163) | |
| Financing (dividends) | 0 | 0 | 0 | 0 | 0 | |
| Net change in cash | (191) | (161) | (116) | (49) | 45 | |
| Free cash flow to equity | (191) | (161) | (116) | (49) | 45 | |
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 | 18.5% | 7.4% | 11.00% | 5% | ₹6 | (98.0)% |
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.