Models
CAMPUS ACTIVEWEAR LIMITEDCAMPUSConsumer Durables
₹53per 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₹53implied FY22 P/E —× · EV/EBITDA 7.4×
Against CMP ₹214.15−75.2%close of 2026-09-10
Growth the CMP implies45.0%revenue, a year for 5 years, on your other inputs
Value after FY2773%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
₹40₹78
52-week rangetraded range, a fact not a value
₹212₹289
From enterprise to equity · ₹ crore
| PV of FY23–FY27 free cash flow | 488 |
| PV of terminal value | 1,309 |
| Enterprise value | 1,797 |
| less net debt | (174) |
| less non-controlling interest | 0 |
| add non-operating investments | 0 |
| Equity value | 1,623 |
| ÷ 30.57 crore shares | ₹53 |
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% | 55 | 59 | 64 | 71 | 78 |
| 10.50% | 50 | 54 | 58 | 63 | 69 |
| 11.00% | 47 | 50 | 53 | 57 | 62 |
| 11.50% | 43 | 46 | 49 | 52 | 56 |
| 12.00% | 40 | 43 | 45 | 48 | 51 |
The outlined cell is your model. Green figures sit above the CMP of ₹214.15; 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 | 41 · 53 · 66 |
| Draws below the CMP | 100% |
| Rank correlation with ebitda margin | +0.81 |
| Rank correlation with discount rate | −0.54 |
| Rank correlation with revenue growth | +0.10 |
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 | FY22 | FY23 | FY24 | FY25 | FY26 | FY27 |
|---|---|---|---|---|---|---|
| Revenue | 1,194 | 1,290 | 1,393 | 1,504 | 1,625 | 1,755 |
| growth % | — | 8.0 | 8.0 | 8.0 | 8.0 | 8.0 |
| EBITDA | 242 | 261 | 281 | 304 | 328 | 354 |
| margin % | 20.2 | 20.2 | 20.2 | 20.2 | 20.2 | 20.2 |
| less depreciation | (53) | (58) | (63) | (68) | (73) | (79) |
| EBIT | 188 | 202 | 219 | 236 | 255 | 275 |
| less tax on EBIT | (70) | (75) | (81) | (87) | (94) | (102) |
| NOPAT | 119 | 128 | 138 | 149 | 161 | 174 |
| add depreciation | 53 | 58 | 63 | 68 | 73 | 79 |
| less capex | (36) | (39) | (50) | (63) | (78) | (95) |
| less working-capital build | — | (23) | (25) | (27) | (29) | (32) |
| Free cash flow to firm | — | 124 | 125 | 126 | 126 | 126 |
| Discount factor | 0.949 | 0.855 | 0.770 | 0.694 | 0.625 | |
| Present value | 117 | 107 | 97 | 88 | 79 |
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 174, dividends at 0% of profit
| ₹ crore | FY22 | FY23 | FY24 | FY25 | FY26 | FY27 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| EBIT | 188 | 202 | 219 | 236 | 255 | 275 |
| Interest at 11.3% on debt | (20) | (20) | (20) | (20) | (20) | |
| Profit before tax | 183 | 199 | 216 | 235 | 256 | |
| Profit after tax | 109 | 115 | 125 | 136 | 148 | 161 |
| Dividends | 0 | 0 | 0 | 0 | 0 | 0 |
| Balance sheet, year end | ||||||
| Cash | 0 | 112 | 224 | 338 | 452 | 566 |
| Working capital | 292 | 315 | 340 | 367 | 397 | 428 |
| Net block and other assets | 668 | 649 | 637 | 632 | 637 | 653 |
| Debt | 174 | 174 | 174 | 174 | 174 | 174 |
| Equity | 428 | 543 | 668 | 804 | 953 | 1,114 |
| Balance check | 0 | 0 | (0) | 0 | 0 | 0 |
| Cash flow | ||||||
| From operations | 150 | 163 | 177 | 192 | 208 | |
| Investing (capex) | (39) | (50) | (63) | (78) | (95) | |
| Financing (dividends) | 0 | 0 | 0 | 0 | 0 | |
| Net change in cash | 111 | 113 | 114 | 114 | 114 | |
| Free cash flow to equity | 111 | 113 | 114 | 114 | 114 | |
Other liabilities are held at their FY22 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 | 8% | 20.2% | 11.00% | 5% | ₹53 | (75.2)% |
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.