₹84per 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₹84implied P/B 1.12× on FY26 book
Against CMP ₹265.50−68.5%close of 2026-09-10
Cost of equity12.54%risk-free + beta × equity risk premium
Book equity, FY26₹75per share · excess returns add ₹9
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 | 7,203 | 8,154 | 9,230 | 10,448 | 11,828 |
| Net income at 13.2% ROE | 951 | 1,076 | 1,218 | 1,379 | 1,561 |
| Cost of equity charge at 12.54% | (903) | (1,022) | (1,157) | (1,310) | (1,483) |
| Excess return | 48 | 54 | 61 | 69 | 79 |
| Present value | 45 | 45 | 46 | 46 | 46 |
| Closing book equity | 8,154 | 9,230 | 10,448 | 11,828 | 13,389 |
| Book equity today | 7,203 |
| PV of 5 years of excess return | 228 |
| PV of the terminal excess return, 5% flat | 606 |
| add non-operating investments | 0 |
| Equity value | 8,037 |
| ÷ 96.22 crore shares | ₹84 |
Where the methods land · ₹ per share · the dashed line is the CMP
52-week rangetraded range, a fact not a value
₹151₹287
Scenarios side by side · ₹ per share
| Scenario | Template | Growth | Margin | Rate | Terminal | ₹ / share | vs CMP |
|---|---|---|---|---|---|---|---|
| Base · editing | Excess return | ROE 13.2% | — | 12.54% | 5% | ₹84 | (68.5)% |
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.