Models
EID PARRY INDIA LTDEIDPARRYFood Products
₹-36per 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₹(36)implied FY26 P/E (1.4)× · EV/EBITDA 0.3×
Against CMP ₹722.95−104.9%close of 2026-09-10
Growth the CMP implies45.0%revenue, a year for 5 years, on your other inputs
Value after FY31257%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
₹(77)₹48
52-week rangetraded range, a fact not a value
₹698₹1,118
From enterprise to equity · ₹ crore
| PV of FY27–FY31 free cash flow | (1,571) |
| PV of terminal value | 2,569 |
| Enterprise value | 998 |
| less net debt | (1,633) |
| less non-controlling interest | 0 |
| add non-operating investments | 0 |
| Equity value | (635) |
| ÷ 17.79 crore shares | ₹(36) |
257% of the value sits after FY31. Usual when return on capital sits near the cost of capital; the 5 explicit years carry little of it.
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% | (31) | (17) | 0 | 21 | 48 |
| 10.50% | (45) | (34) | (19) | (2) | 18 |
| 11.00% | (57) | (47) | (36) | (22) | (5) |
| 11.50% | (68) | (59) | (49) | (38) | (24) |
| 12.00% | (77) | (69) | (61) | (51) | (40) |
The outlined cell is your model. Green figures sit above the CMP of ₹722.95; 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 | (733) · (33) · 473 |
| Draws below the CMP | 98% |
| Rank correlation with revenue growth | −0.76 |
| Rank correlation with ebitda margin | +0.64 |
| Rank correlation with discount rate | −0.03 |
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 | 35,244 | 29,413 | 31,609 | 38,534 | 47,012 | 57,354 | 69,972 | 85,366 | 1,04,146 |
| growth % | 49.8 | (16.5) | 7.5 | 21.9 | 22.0 | 22.0 | 22.0 | 22.0 | 22.0 |
| EBITDA | 3,238 | 2,616 | 3,034 | 2,971 | 3,620 | 4,416 | 5,388 | 6,573 | 8,019 |
| margin % | 9.2 | 8.9 | 9.6 | 7.7 | 7.7 | 7.7 | 7.7 | 7.7 | 7.7 |
| less depreciation | (376) | (421) | (512) | (763) | (940) | (1,147) | (1,399) | (1,707) | (2,083) |
| EBIT | 2,861 | 2,195 | 2,522 | 2,208 | 2,680 | 3,269 | 3,988 | 4,866 | 5,936 |
| less tax on EBIT | (760) | (922) | (1,125) | (1,372) | (1,674) | (2,042) | |||
| NOPAT | 1,449 | 1,758 | 2,145 | 2,616 | 3,192 | 3,894 | |||
| add depreciation | 376 | 421 | 512 | 763 | 940 | 1,147 | 1,399 | 1,707 | 2,083 |
| less capex | (860) | (975) | (1,046) | (1,617) | (1,974) | (2,151) | (2,309) | (2,433) | (2,500) |
| less working-capital build | — | (1,458) | (1,779) | (2,170) | (2,648) | (3,230) | |||
| Free cash flow to firm | (501) | 998 | 890 | — | (735) | (638) | (464) | (181) | 247 |
| Discount factor | 0.949 | 0.855 | 0.770 | 0.694 | 0.625 | ||||
| Present value | (697) | (546) | (357) | (126) | 155 |
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 2,854, dividends at 40.6% of profit
| ₹ crore | FY26 | FY27 | FY28 | FY29 | FY30 | FY31 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| EBIT | 2,208 | 2,680 | 3,269 | 3,988 | 4,866 | 5,936 |
| Interest at 18.3% on debt | (522) | (522) | (522) | (522) | (522) | |
| Profit before tax | 2,157 | 2,747 | 3,466 | 4,344 | 5,414 | |
| Profit after tax | 570 | 1,415 | 1,802 | 2,274 | 2,849 | 3,552 |
| Dividends | (231) | (575) | (732) | (923) | (1,157) | (1,442) |
| Balance sheet, year end | ||||||
| Cash | 1,222 | (430) | (2,142) | (3,872) | (5,553) | (7,090) |
| Working capital | 6,609 | 8,067 | 9,846 | 12,016 | 14,664 | 17,894 |
| Net block and other assets | 21,423 | 22,458 | 23,461 | 24,371 | 25,097 | 25,513 |
| Debt | 2,854 | 2,854 | 2,854 | 2,854 | 2,854 | 2,854 |
| Equity | 14,920 | 15,760 | 16,831 | 18,181 | 19,874 | 21,983 |
| Balance check | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow | ||||||
| From operations | 897 | 1,170 | 1,503 | 1,909 | 2,404 | |
| Investing (capex) | (1,974) | (2,151) | (2,309) | (2,433) | (2,500) | |
| Financing (dividends) | (575) | (732) | (923) | (1,157) | (1,442) | |
| Net change in cash | (1,652) | (1,712) | (1,729) | (1,681) | (1,537) | |
| Free cash flow to equity | (1,077) | (981) | (806) | (524) | (95) | |
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 | 22% | 7.7% | 11.00% | 5% | ₹(36) | (104.9)% |
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.