Models
JK AGRI GENETICS LTDBSE 536493Agricultural Food & other Products
₹1,806per 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₹1,806implied FY26 P/E 61.8× · EV/EBITDA 508.9×
Against CMP ₹288.00+527.2%close of 8 Oct 2026
Growth the CMP implies—%no growth rate between −20% and 45% a year brings the value to the CMP on your other inputs
Value after FY3171%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
₹1,425₹2,565
52-week rangetraded range, a fact not a value
₹275₹519
From enterprise to equity · ₹ crore
| PV of FY27–FY31 free cash flow | 243 |
| PV of terminal value | 593 |
| Enterprise value | 837 |
| less net debt | 1 |
| less non-controlling interest | 0 |
| add non-operating investments | 0 |
| Equity value | 838 |
| ÷ 0.46 crore shares | ₹1,806 |
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% | 1,863 | 1,991 | 2,144 | 2,331 | 2,565 |
| 10.50% | 1,729 | 1,835 | 1,960 | 2,110 | 2,294 |
| 11.00% | 1,613 | 1,702 | 1,806 | 1,929 | 2,077 |
| 11.50% | 1,513 | 1,589 | 1,677 | 1,779 | 1,899 |
| 12.00% | 1,425 | 1,491 | 1,565 | 1,651 | 1,752 |
The outlined cell is your model. Green figures sit above the CMP of ₹288.00; 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 | 1,595 · 1,810 · 2,077 |
| Draws below the CMP | 0% |
| Rank correlation with discount rate | −0.87 |
| Rank correlation with ebitda margin | −0.46 |
| Rank correlation with revenue growth | −0.02 |
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 | FY25 | FY26 | FY27 | FY28 | FY29 | FY30 | FY31 |
|---|---|---|---|---|---|---|---|
| Revenue | 162 | 158 | 154 | 150 | 146 | 142 | 139 |
| growth % | — | (2.6) | (2.5) | (2.5) | (2.5) | (2.5) | (2.5) |
| EBITDA | 2 | 2 | 2 | 1 | 1 | 1 | 1 |
| margin % | 1.5 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 |
| less depreciation | (4) | (4) | (4) | (4) | (4) | (4) | (3) |
| EBIT | (2) | (2) | (2) | (2) | (2) | (2) | (2) |
| less tax on EBIT | 63 | 65 | 63 | 62 | 60 | 59 | |
| NOPAT | 60 | 63 | 61 | 60 | 58 | 57 | |
| add depreciation | 4 | 4 | 4 | 4 | 4 | 4 | 3 |
| less capex | (6) | (1) | (1) | (2) | (3) | (3) | (4) |
| less working-capital build | — | 1 | 1 | 1 | 1 | 1 | |
| Free cash flow to firm | (2) | — | 67 | 64 | 62 | 59 | 57 |
| Discount factor | 0.949 | 0.855 | 0.770 | 0.694 | 0.625 | ||
| Present value | 64 | 55 | 48 | 41 | 36 |
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 0% of profit
| ₹ crore | FY26 | FY27 | FY28 | FY29 | FY30 | FY31 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| EBIT | (2) | (2) | (2) | (2) | (2) | (2) |
| Interest at 8% on debt | 0 | 0 | 0 | 0 | 0 | |
| Profit before tax | (2) | (2) | (2) | (2) | (2) | |
| Profit after tax | (7) | 63 | 61 | 60 | 58 | 57 |
| Dividends | 0 | 0 | 0 | 0 | 0 | 0 |
| Balance sheet, year end | ||||||
| Cash | 1 | 68 | 132 | 194 | 253 | 311 |
| Working capital | 53 | 52 | 51 | 49 | 48 | 47 |
| Net block and other assets | 218 | 215 | 213 | 212 | 212 | 213 |
| Debt | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity | 100 | 163 | 224 | 284 | 342 | 398 |
| Balance check | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow | ||||||
| From operations | 68 | 66 | 64 | 63 | 61 | |
| Investing (capex) | (1) | (2) | (3) | (3) | (4) | |
| Financing (dividends) | 0 | 0 | 0 | 0 | 0 | |
| Net change in cash | 67 | 64 | 62 | 59 | 57 | |
| Free cash flow to equity | 67 | 64 | 62 | 59 | 57 | |
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 | -2.5% | 1% | 11.00% | 5% | ₹1,806 | 527.2% |
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.