Models
DATAMATICS GLOBAL SER LTDDATAMATICSIT - Services
₹617per 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₹617implied FY26 P/E 16.9× · EV/EBITDA 11.9×
Against CMP ₹756.15−18.4%close of 2026-09-10
Growth the CMP implies22.7%revenue, a year for 5 years, on your other inputs
Value after FY3175%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
₹480₹889
52-week rangetraded range, a fact not a value
₹632₹1,010
From enterprise to equity · ₹ crore
| PV of FY27–FY31 free cash flow | 929 |
| PV of terminal value | 2,717 |
| Enterprise value | 3,646 |
| less net debt | 0 |
| less non-controlling interest | 0 |
| add non-operating investments | 0 |
| Equity value | 3,646 |
| ÷ 5.91 crore shares | ₹617 |
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% | 637 | 683 | 738 | 805 | 889 |
| 10.50% | 589 | 627 | 672 | 726 | 792 |
| 11.00% | 548 | 580 | 617 | 661 | 714 |
| 11.50% | 512 | 539 | 571 | 607 | 651 |
| 12.00% | 480 | 504 | 531 | 562 | 598 |
The outlined cell is your model. Green figures sit above the CMP of ₹756.15; 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 | 483 · 610 · 769 |
| Draws below the CMP | 88% |
| Rank correlation with ebitda margin | +0.71 |
| Rank correlation with discount rate | −0.49 |
| Rank correlation with revenue growth | +0.44 |
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 | FY23 | FY24 | FY25 | FY26 | FY27 | FY28 | FY29 | FY30 | FY31 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,459 | 1,550 | 1,723 | 1,987 | 2,295 | 2,651 | 3,062 | 3,536 | 4,085 |
| growth % | 21.5 | 6.2 | 11.2 | 15.3 | 15.5 | 15.5 | 15.5 | 15.5 | 15.5 |
| EBITDA | 243 | 244 | 261 | 307 | 353 | 408 | 472 | 545 | 629 |
| margin % | 16.6 | 15.7 | 15.1 | 15.4 | 15.4 | 15.4 | 15.4 | 15.4 | 15.4 |
| less depreciation | (35) | (36) | (48) | (84) | (96) | (111) | (129) | (149) | (172) |
| EBIT | 208 | 208 | 213 | 223 | 257 | 297 | 343 | 396 | 457 |
| less tax on EBIT | (56) | (64) | (74) | (86) | (99) | (114) | |||
| NOPAT | 167 | 193 | 223 | 257 | 297 | 343 | |||
| add depreciation | 35 | 36 | 48 | 84 | 96 | 111 | 129 | 149 | 172 |
| less capex | (40) | (16) | (36) | (40) | (46) | (73) | (108) | (151) | (206) |
| less working-capital build | — | (26) | (31) | (35) | (41) | (47) | |||
| Free cash flow to firm | 91 | 168 | 188 | — | 217 | 230 | 243 | 253 | 262 |
| Discount factor | 0.949 | 0.855 | 0.770 | 0.694 | 0.625 | ||||
| Present value | 206 | 197 | 187 | 176 | 164 |
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 141, dividends at 15.2% of profit
| ₹ crore | FY26 | FY27 | FY28 | FY29 | FY30 | FY31 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| EBIT | 223 | 257 | 297 | 343 | 396 | 457 |
| Interest at 12.5% on debt | (18) | (18) | (18) | (18) | (18) | |
| Profit before tax | 239 | 279 | 325 | 378 | 440 | |
| Profit after tax | 194 | 180 | 209 | 244 | 284 | 330 |
| Dividends | (30) | (27) | (32) | (37) | (43) | (50) |
| Balance sheet, year end | ||||||
| Cash | 141 | 318 | 503 | 695 | 892 | 1,090 |
| Working capital | 171 | 198 | 229 | 264 | 305 | 352 |
| Net block and other assets | 2,042 | 1,992 | 1,953 | 1,933 | 1,935 | 1,970 |
| Debt | 141 | 141 | 141 | 141 | 141 | 141 |
| Equity | 1,536 | 1,688 | 1,866 | 2,073 | 2,313 | 2,593 |
| Balance check | 0 | 0 | 0 | (0) | (0) | (0) |
| Cash flow | ||||||
| From operations | 249 | 290 | 337 | 392 | 454 | |
| Investing (capex) | (46) | (73) | (108) | (151) | (206) | |
| Financing (dividends) | (27) | (32) | (37) | (43) | (50) | |
| Net change in cash | 176 | 185 | 192 | 197 | 198 | |
| Free cash flow to equity | 204 | 217 | 229 | 240 | 248 | |
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 | 15.5% | 15.4% | 11.00% | 5% | ₹617 | (18.4)% |
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.