Models
INFOBEANS TECHNO. LTD.INFOBEANIT - Software
₹207per 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₹207implied FY26 P/E 9.5× · EV/EBITDA 17.3×
Against CMP ₹155.10+33.4%close of 2026-09-10
Growth the CMP implies16.5%revenue, a year for 5 years, on your other inputs
Value after FY3178%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
₹160₹300
52-week rangetraded range, a fact not a value
₹117₹258
From enterprise to equity · ₹ crore
| PV of FY27–FY31 free cash flow | 421 |
| PV of terminal value | 1,526 |
| Enterprise value | 1,947 |
| less net debt | 59 |
| less non-controlling interest | 0 |
| add non-operating investments | 0 |
| Equity value | 2,006 |
| ÷ 9.70 crore shares | ₹207 |
78% 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% | 214 | 229 | 248 | 271 | 300 |
| 10.50% | 197 | 210 | 226 | 244 | 267 |
| 11.00% | 183 | 194 | 207 | 222 | 240 |
| 11.50% | 171 | 180 | 191 | 204 | 218 |
| 12.00% | 160 | 168 | 177 | 188 | 200 |
The outlined cell is your model. Green figures sit above the CMP of ₹155.10; 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 | 154 · 203 · 269 |
| Draws below the CMP | 11% |
| Rank correlation with ebitda margin | +0.72 |
| Rank correlation with revenue growth | +0.49 |
| Rank correlation with discount rate | −0.41 |
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 | 385 | 369 | 395 | 514 | 668 | 868 | 1,128 | 1,467 | 1,907 |
| growth % | 42.0 | (4.4) | 7.1 | 30.1 | 30.0 | 30.0 | 30.0 | 30.0 | 30.0 |
| EBITDA | 71 | 51 | 67 | 113 | 146 | 190 | 247 | 321 | 418 |
| margin % | 18.4 | 13.8 | 17.0 | 21.9 | 21.9 | 21.9 | 21.9 | 21.9 | 21.9 |
| less depreciation | (30) | (29) | (27) | (24) | (31) | (41) | (53) | (69) | (90) |
| EBIT | 41 | 21 | 41 | 88 | 115 | 149 | 194 | 252 | 328 |
| less tax on EBIT | (20) | (26) | (34) | (44) | (58) | (75) | |||
| NOPAT | 68 | 89 | 115 | 150 | 195 | 253 | |||
| add depreciation | 30 | 29 | 27 | 24 | 31 | 41 | 53 | 69 | 90 |
| less capex | (5) | (2) | (2) | (8) | (10) | (22) | (40) | (68) | (108) |
| less working-capital build | — | (31) | (40) | (52) | (68) | (88) | |||
| Free cash flow to firm | 72 | 42 | 48 | — | 79 | 94 | 110 | 128 | 147 |
| Discount factor | 0.949 | 0.855 | 0.770 | 0.694 | 0.625 | ||||
| Present value | 75 | 80 | 85 | 89 | 92 |
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 0, dividends at 2.8% of profit
| ₹ crore | FY26 | FY27 | FY28 | FY29 | FY30 | FY31 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| EBIT | 88 | 115 | 149 | 194 | 252 | 328 |
| Interest at 8% on debt | 0 | 0 | 0 | 0 | 0 | |
| Profit before tax | 115 | 149 | 194 | 252 | 328 | |
| Profit after tax | 87 | 89 | 115 | 150 | 195 | 253 |
| Dividends | (2) | (2) | (3) | (4) | (5) | (7) |
| Balance sheet, year end | ||||||
| Cash | 59 | 136 | 227 | 333 | 455 | 595 |
| Working capital | 103 | 134 | 174 | 226 | 293 | 381 |
| Net block and other assets | 327 | 306 | 287 | 274 | 273 | 291 |
| Debt | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity | 414 | 500 | 611 | 757 | 946 | 1,192 |
| Balance check | 0 | 0 | 0 | 0 | (0) | (0) |
| Cash flow | ||||||
| From operations | 89 | 116 | 151 | 196 | 254 | |
| Investing (capex) | (10) | (22) | (40) | (68) | (108) | |
| Financing (dividends) | (2) | (3) | (4) | (5) | (7) | |
| Net change in cash | 77 | 91 | 106 | 123 | 140 | |
| Free cash flow to equity | 79 | 94 | 110 | 128 | 147 | |
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% | 21.9% | 11.00% | 5% | ₹207 | 33.4% |
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.