Models
CSL FINANCE LIMITEDCSLFINANCEFinance
₹403per 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₹403implied P/B 1.46× on FY26 book
Against CMP ₹224.00+79.9%close of 2026-09-10
Cost of equity11.59%risk-free + beta × equity risk premium
Book equity, FY26₹277per share · excess returns add ₹126
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 | 622 | 702 | 791 | 893 | 1,007 |
| Net income at 13.9% ROE | 86 | 98 | 110 | 124 | 140 |
| Cost of equity charge at 11.59% | (72) | (81) | (92) | (103) | (117) |
| Excess return | 14 | 16 | 18 | 21 | 23 |
| Present value | 14 | 14 | 14 | 14 | 14 |
| Closing book equity | 702 | 791 | 893 | 1,007 | 1,136 |
| Book equity today | 622 |
| PV of 5 years of excess return | 70 |
| PV of the terminal excess return, 5% flat | 215 |
| add non-operating investments | 0 |
| Equity value | 906 |
| ÷ 2.25 crore shares | ₹403 |
Where the methods land · ₹ per share · the dashed line is the CMP
52-week rangetraded range, a fact not a value
₹210₹325
Scenarios side by side · ₹ per share
| Scenario | Template | Growth | Margin | Rate | Terminal | ₹ / share | vs CMP |
|---|---|---|---|---|---|---|---|
| Base · editing | Excess return | ROE 13.9% | — | 11.59% | 5% | ₹403 | 79.9% |
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.