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Model Note · GALAXY SUPERMARKET LIMITED · 29 October 2026Page 1 of 2
Model Note
Prepared by the reader · not a MarketPing document
GALAXY SUPERMARKET LIMITED
Discounted cash flow · base FY26

GALAXY SUPERMARKET LIMITED

Value per share, this model₹19
CMP, 28 Oct 2026₹19.22
Difference0.6%
Growth the CMP implies29.8%/yr

This note states the assumptions and the arithmetic of one model of GALAXY SUPERMARKET LIMITED, built on its filed FY26 standalone statements. The value is the outcome of the assumptions below and nothing else; it is not a fair value, a target or a recommendation.

Assumptions

InputThis modelFiled reference
Revenue growth, 5 years30% a yearFY26 177.8% · 5-yr CAGR 6.9%
EBITDA margin8.9%FY26 8.9% · 5-yr average (62.1)%
Depreciation · capex, % of revenue3% · 2.1%, fading to 1.2× depreciationFY26 3.0% · 2.1%
Working capital, % of added revenue · tax0% · 0%-44 working-capital days · effective 0.0%
Discount rate11.00%1-yr beta 0.15
After FY315% flat · mid-year discounting—
Net debt · non-controlling interest · non-operating investments₹12 · ₹0 · ₹0 crFY26 net debt ₹12 cr
Shares4.98 crore4.98 crore today
Source: SEBI results XBRL as filed with BSE/NSE, exchange prices; the reader's assumptions.

Projected cash flow to the firm

₹ croreFY26FY27FY28FY29FY30FY31
Revenue42557293121157
growth %177.830.030.030.030.030.0
EBITDA45681114
Depreciation(1)(2)(2)(3)(4)(5)
NOPAT334579
less capex(1)(1)(2)(3)(4)(6)
less working-capital build—00000
Free cash flow to firm—45678
Present value44455
Source: the model; base year as filed.
Every figure is the reader's model over filed numbers · No rating, target or fair value is expressedmarketping.in
Model Note · GALAXY SUPERMARKET LIMITED · 29 October 2026Page 2 of 2

From enterprise to equity

PV of the 5 explicit years22
PV of the terminal value (80% of EV)86
Enterprise value108
less net debt(12)
less non-controlling interest0
add non-operating investments0
Equity value96
÷ 4.98 crore shares₹19
Source: the model.

Sensitivity, ₹ per share

WACC ↓ · terminal growth →4.0%4.5%5.0%5.5%6.0%
10.0%2022242630
10.5%1820212326
11.0%1718192123
11.5%1516181921
12.0%1415161719
Source: the model; n/a where terminal growth reaches the discount rate.

Statement

This note is the reader's own model over publicly filed information: SEBI results XBRL filed with BSE and NSE and exchange price data, assembled by MarketPing software; every assumption above is the reader's. It contains no research recommendation, no price target and no opinion by MarketPing on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Historical per-share figures are on the current share count. Where a figure is unavailable the table shows a dash rather than an estimate. Nothing here constitutes investment advice, an offer or a solicitation.

Every figure is the reader's model over filed numbers · No rating, target or fair value is expressedmarketping.in