Models
EPACK DURABLE LIMITEDEPACKConsumer Durables
₹-60per 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₹(60)implied FY26 P/E —× · EV/EBITDA 1.0×
Against CMP ₹186.00−132.4%close of 2026-09-10
Growth the CMP implies45.0%revenue, a year for 5 years, on your other inputs
Value after FY31382%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
₹(73)₹(35)
52-week rangetraded range, a fact not a value
₹185₹397
From enterprise to equity · ₹ crore
| PV of FY27–FY31 free cash flow | (314) |
| PV of terminal value | 426 |
| Enterprise value | 112 |
| less net debt | (691) |
| less non-controlling interest | 0 |
| add non-operating investments | 0 |
| Equity value | (579) |
| ÷ 9.62 crore shares | ₹(60) |
382% 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% | (59) | (54) | (49) | (43) | (35) |
| 10.50% | (63) | (60) | (55) | (50) | (44) |
| 11.00% | (67) | (64) | (60) | (56) | (51) |
| 11.50% | (70) | (67) | (64) | (61) | (57) |
| 12.00% | (73) | (71) | (68) | (65) | (61) |
The outlined cell is your model. Green figures sit above the CMP of ₹186.00; 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 | (70) · (60) · (48) |
| Draws below the CMP | 100% |
| Rank correlation with ebitda margin | +0.77 |
| Rank correlation with discount rate | −0.61 |
| Rank correlation with revenue growth | −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 | FY24 | FY25 | FY26 | FY27 | FY28 | FY29 | FY30 | FY31 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,420 | 2,171 | 1,894 | 1,800 | 1,710 | 1,624 | 1,543 | 1,466 |
| growth % | — | 52.9 | (12.7) | (5.0) | (5.0) | (5.0) | (5.0) | (5.0) |
| EBITDA | 116 | 158 | 114 | 108 | 103 | 97 | 93 | 88 |
| margin % | 8.2 | 7.3 | 6.0 | 6.0 | 6.0 | 6.0 | 6.0 | 6.0 |
| less depreciation | (35) | (47) | (54) | (50) | (48) | (45) | (43) | (41) |
| EBIT | 81 | 110 | 60 | 58 | 55 | 52 | 49 | 47 |
| less tax on EBIT | (22) | (21) | (20) | (19) | (18) | (17) | ||
| NOPAT | 38 | 37 | 35 | 33 | 31 | 30 | ||
| add depreciation | 35 | 47 | 54 | 50 | 48 | 45 | 43 | 41 |
| less capex | (157) | (115) | (316) | (301) | (229) | (163) | (103) | (49) |
| less working-capital build | — | 24 | 23 | 21 | 20 | 19 | ||
| Free cash flow to firm | 100 | (83) | — | (190) | (123) | (63) | (8) | 41 |
| Discount factor | 0.949 | 0.855 | 0.770 | 0.694 | 0.625 | |||
| Present value | (180) | (105) | (48) | (6) | 26 |
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 707, dividends at 0% of profit
| ₹ crore | FY26 | FY27 | FY28 | FY29 | FY30 | FY31 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| EBIT | 60 | 58 | 55 | 52 | 49 | 47 |
| Interest at 11.3% on debt | (80) | (80) | (80) | (80) | (80) | |
| Profit before tax | (22) | (25) | (28) | (31) | (33) | |
| Profit after tax | 3 | (14) | (16) | (18) | (19) | (21) |
| Dividends | 0 | 0 | 0 | 0 | 0 | 0 |
| Balance sheet, year end | ||||||
| Cash | 16 | (225) | (399) | (513) | (572) | (582) |
| Working capital | 475 | 451 | 429 | 407 | 387 | 367 |
| Net block and other assets | 2,015 | 2,265 | 2,446 | 2,563 | 2,623 | 2,631 |
| Debt | 707 | 707 | 707 | 707 | 707 | 707 |
| Equity | 960 | 946 | 930 | 912 | 893 | 872 |
| Balance check | 0 | 0 | 0 | (0) | (0) | (0) |
| Cash flow | ||||||
| From operations | 60 | 54 | 49 | 44 | 39 | |
| Investing (capex) | (301) | (229) | (163) | (103) | (49) | |
| Financing (dividends) | 0 | 0 | 0 | 0 | 0 | |
| Net change in cash | (241) | (174) | (114) | (59) | (10) | |
| Free cash flow to equity | (241) | (174) | (114) | (59) | (10) | |
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 | -5% | 6% | 11.00% | 5% | ₹(60) | (132.4)% |
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.