Models
GENUS POWER INFRASTRU LTDGENUSPOWERElectrical Equipment
₹119per 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₹119implied FY26 P/E 5.1× · EV/EBITDA 6.2×
Against CMP ₹323.15−63.1%close of 2026-09-10
Growth the CMP implies45.0%revenue, a year for 5 years, on your other inputs
Value after FY3194%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
₹68₹222
52-week rangetraded range, a fact not a value
₹210₹363
From enterprise to equity · ₹ crore
| PV of FY27–FY31 free cash flow | 350 |
| PV of terminal value | 5,313 |
| Enterprise value | 5,664 |
| less net debt | (2,040) |
| less non-controlling interest | 0 |
| add non-operating investments | 0 |
| Equity value | 3,624 |
| ÷ 30.42 crore shares | ₹119 |
94% 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% | 126 | 143 | 164 | 190 | 222 |
| 10.50% | 108 | 123 | 140 | 160 | 185 |
| 11.00% | 93 | 105 | 119 | 136 | 156 |
| 11.50% | 79 | 90 | 102 | 116 | 132 |
| 12.00% | 68 | 77 | 87 | 99 | 112 |
The outlined cell is your model. Green figures sit above the CMP of ₹323.15; 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 | (52) · 117 · 237 |
| Draws below the CMP | 99% |
| Rank correlation with ebitda margin | +0.74 |
| Rank correlation with revenue growth | −0.62 |
| Rank correlation with discount rate | −0.18 |
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 | 808 | 1,201 | 2,442 | 4,751 | 6,176 | 8,029 | 10,438 | 13,569 | 17,640 |
| growth % | 18.0 | 48.5 | 103.4 | 94.5 | 30.0 | 30.0 | 30.0 | 30.0 | 30.0 |
| EBITDA | 79 | 135 | 470 | 913 | 1,186 | 1,542 | 2,004 | 2,605 | 3,387 |
| margin % | 9.7 | 11.2 | 19.2 | 19.2 | 19.2 | 19.2 | 19.2 | 19.2 | 19.2 |
| less depreciation | (19) | (21) | (35) | (55) | (74) | (96) | (125) | (163) | (212) |
| EBIT | 60 | 114 | 435 | 858 | 1,112 | 1,445 | 1,879 | 2,442 | 3,175 |
| less tax on EBIT | (226) | (293) | (382) | (496) | (645) | (838) | |||
| NOPAT | 631 | 818 | 1,064 | 1,383 | 1,798 | 2,337 | |||
| add depreciation | 19 | 21 | 35 | 55 | 74 | 96 | 125 | 163 | 212 |
| less capex | (25) | (74) | (113) | (297) | (389) | (408) | (404) | (360) | (254) |
| less working-capital build | — | (624) | (812) | (1,055) | (1,372) | (1,783) | |||
| Free cash flow to firm | 62 | (226) | (556) | — | (121) | (60) | 49 | 229 | 512 |
| Discount factor | 0.949 | 0.855 | 0.770 | 0.694 | 0.625 | ||||
| Present value | (115) | (51) | 38 | 159 | 320 |
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 2,300, dividends at 0% of profit
| ₹ crore | FY26 | FY27 | FY28 | FY29 | FY30 | FY31 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| EBIT | 858 | 1,112 | 1,445 | 1,879 | 2,442 | 3,175 |
| Interest at 8.8% on debt | (202) | (202) | (202) | (202) | (202) | |
| Profit before tax | 909 | 1,243 | 1,676 | 2,240 | 2,973 | |
| Profit after tax | 0 | 669 | 915 | 1,234 | 1,649 | 2,188 |
| Dividends | (60) | 0 | 0 | 0 | 0 | 0 |
| Balance sheet, year end | ||||||
| Cash | 260 | (10) | (219) | (319) | (239) | 124 |
| Working capital | 2,081 | 2,706 | 3,517 | 4,572 | 5,944 | 7,727 |
| Net block and other assets | 4,002 | 4,317 | 4,629 | 4,908 | 5,105 | 5,147 |
| Debt | 2,300 | 2,300 | 2,300 | 2,300 | 2,300 | 2,300 |
| Equity | 2,218 | 2,887 | 3,802 | 5,036 | 6,684 | 8,872 |
| Balance check | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow | ||||||
| From operations | 119 | 200 | 304 | 440 | 617 | |
| Investing (capex) | (389) | (408) | (404) | (360) | (254) | |
| Financing (dividends) | 0 | 0 | 0 | 0 | 0 | |
| Net change in cash | (270) | (209) | (100) | 80 | 363 | |
| Free cash flow to equity | (270) | (209) | (100) | 80 | 363 | |
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 | 30% | 19.2% | 11.00% | 5% | ₹119 | (63.1)% |
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.