Models
GENESYS INTL CORPN LTDGENESYSIT - Services
₹27per 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₹27implied FY26 P/E 3.6× · EV/EBITDA 2.5×
Against CMP ₹304.15−91.1%close of 2026-09-10
Growth the CMP implies45.0%revenue, a year for 5 years, on your other inputs
Value after FY3132%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
₹21₹40
52-week rangetraded range, a fact not a value
₹169₹613
From enterprise to equity · ₹ crore
| PV of FY27–FY31 free cash flow | 179 |
| PV of terminal value | 85 |
| Enterprise value | 264 |
| less net debt | (151) |
| less non-controlling interest | 0 |
| add non-operating investments | 0 |
| Equity value | 113 |
| ÷ 4.18 crore shares | ₹27 |
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% | 28 | 30 | 33 | 36 | 40 |
| 10.50% | 26 | 28 | 30 | 32 | 35 |
| 11.00% | 24 | 25 | 27 | 29 | 31 |
| 11.50% | 22 | 23 | 25 | 26 | 28 |
| 12.00% | 21 | 22 | 23 | 24 | 26 |
The outlined cell is your model. Green figures sit above the CMP of ₹304.15; 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 | (7) · 27 · 59 |
| Draws below the CMP | 100% |
| Rank correlation with ebitda margin | +0.97 |
| Rank correlation with revenue growth | −0.20 |
| Rank correlation with discount rate | −0.09 |
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 | 181 | 198 | 311 | 328 | 346 | 365 | 385 | 406 | 428 |
| growth % | 51.4 | 9.4 | 56.9 | 5.4 | 5.5 | 5.5 | 5.5 | 5.5 | 5.5 |
| EBITDA | 58 | 81 | 142 | 104 | 110 | 116 | 122 | 129 | 136 |
| margin % | 32.2 | 40.6 | 45.7 | 31.8 | 31.8 | 31.8 | 31.8 | 31.8 | 31.8 |
| less depreciation | (37) | (44) | (55) | (65) | (68) | (72) | (76) | (80) | (85) |
| EBIT | 21 | 36 | 87 | 39 | 42 | 44 | 46 | 49 | 51 |
| less tax on EBIT | (12) | (12) | (13) | (14) | (14) | (15) | |||
| NOPAT | 28 | 29 | 31 | 33 | 34 | 36 | |||
| add depreciation | 37 | 44 | 55 | 65 | 68 | 72 | 76 | 80 | 85 |
| less capex | (40) | (33) | (4) | (15) | (16) | (34) | (54) | (77) | (102) |
| less working-capital build | — | (9) | (9) | (10) | (11) | (11) | |||
| Free cash flow to firm | (76) | (14) | (57) | — | 73 | 60 | 44 | 27 | 8 |
| Discount factor | 0.949 | 0.855 | 0.770 | 0.694 | 0.625 | ||||
| Present value | 70 | 51 | 34 | 19 | 5 |
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 160, dividends at 0% of profit
| ₹ crore | FY26 | FY27 | FY28 | FY29 | FY30 | FY31 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| EBIT | 39 | 42 | 44 | 46 | 49 | 51 |
| Interest at 9.2% on debt | (15) | (15) | (15) | (15) | (15) | |
| Profit before tax | 27 | 29 | 31 | 34 | 37 | |
| Profit after tax | 33 | 19 | 20 | 22 | 24 | 26 |
| Dividends | 0 | 0 | 0 | 0 | 0 | 0 |
| Balance sheet, year end | ||||||
| Cash | 9 | 72 | 121 | 155 | 172 | 170 |
| Working capital | 162 | 171 | 181 | 191 | 201 | 212 |
| Net block and other assets | 801 | 748 | 710 | 688 | 684 | 701 |
| Debt | 160 | 160 | 160 | 160 | 160 | 160 |
| Equity | 705 | 724 | 745 | 767 | 791 | 817 |
| Balance check | 0 | (0) | 0 | 0 | 0 | (0) |
| Cash flow | ||||||
| From operations | 78 | 83 | 88 | 94 | 100 | |
| Investing (capex) | (16) | (34) | (54) | (77) | (102) | |
| Financing (dividends) | 0 | 0 | 0 | 0 | 0 | |
| Net change in cash | 63 | 49 | 34 | 17 | (2) | |
| Free cash flow to equity | 63 | 49 | 34 | 17 | (2) | |
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 | 5.5% | 31.8% | 11.00% | 5% | ₹27 | (91.1)% |
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.