AMPL Capital Limited — valuation model

AMPL Capital LimitedBSE 539598Finance

₹191per 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

Inputslive

Template

AMPL Capital Limited is a lender: the loans it makes run through its cash flow, so free cash flow to the firm does not measure it. It is valued on the excess-return template: book equity earning your ROE over the cost of equity.

These inputs are part of the Trader plan; on your plan they stay at the figures shown. See plans

Book equity today

0FY26 filed 1371,000

Return on equity

0FY26 as filed40

Dividend payout

0filed dividends ÷ profit100

Book equity earns your ROE; what is not paid out compounds the book.

Value per share, your model₹191implied P/B 8.58× on FY26 book

Against CMP ₹36.39+425.7%close of 2026-09-10

Cost of equity7.27%risk-free + beta × equity risk premium

Book equity, FY26₹22per share · excess returns add ₹169

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	137	162	191	226	267
Net income at 18.2% ROE	25	29	35	41	49
Cost of equity charge at 7.27%	(10)	(12)	(14)	(16)	(19)
Excess return	15	18	21	25	29
Present value	14	16	18	19	21
Closing book equity	162	191	226	267	316

Book equity today	137
PV of 5 years of excess return	89
PV of the terminal excess return, 5% flat	950
add non-operating investments	0
Equity value	1,176
÷ 6.15 crore shares	₹191

Where the methods land · ₹ per share · the dashed line is the CMP

52-week rangetraded range, a fact not a value

₹24₹39

Scenarios side by side · ₹ per share

Scenario	Template	Growth	Margin	Rate	Terminal	₹ / share	vs CMP
Base · editing	Excess return	ROE 18.2%	—	7.27%	5%	₹191	425.7%

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.