Models
KP GREEN ENGINEERING LIMITEDBSE 544150Electrical Equipment
₹212per 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₹212implied FY26 P/E 5.1× · EV/EBITDA 5.4×
Against CMP ₹270.00−21.5%close of 2026-09-10
Growth the CMP implies3.8%revenue, a year for 5 years, on your other inputs
Value after FY31158%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
₹92₹454
52-week rangetraded range, a fact not a value
₹246₹627
From enterprise to equity · ₹ crore
| PV of FY27–FY31 free cash flow | (767) |
| PV of terminal value | 2,086 |
| Enterprise value | 1,320 |
| less net debt | (260) |
| less non-controlling interest | 0 |
| add non-operating investments | 0 |
| Equity value | 1,060 |
| ÷ 5.00 crore shares | ₹212 |
158% 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% | 226 | 267 | 317 | 378 | 454 |
| 10.50% | 184 | 219 | 260 | 309 | 368 |
| 11.00% | 149 | 178 | 212 | 252 | 300 |
| 11.50% | 119 | 143 | 172 | 205 | 245 |
| 12.00% | 92 | 114 | 138 | 166 | 199 |
The outlined cell is your model. Green figures sit above the CMP of ₹270.00; 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 | (18) · 205 · 394 |
| Draws below the CMP | 67% |
| Rank correlation with ebitda margin | +0.84 |
| Rank correlation with revenue growth | −0.40 |
| Rank correlation with discount rate | −0.29 |
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 | FY24 | FY25 | FY26 | FY27 | FY28 | FY29 | FY30 | FY31 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 349 | 695 | 1,246 | 1,619 | 2,105 | 2,737 | 3,557 | 4,625 |
| growth % | — | 99.0 | 79.3 | 30.0 | 30.0 | 30.0 | 30.0 | 30.0 |
| EBITDA | — | 107 | 245 | 319 | 415 | 539 | 701 | 911 |
| margin % | — | 15.4 | 19.7 | 19.7 | 19.7 | 19.7 | 19.7 | 19.7 |
| less depreciation | — | (6) | (23) | (31) | (40) | (52) | (68) | (88) |
| EBIT | — | 101 | 221 | 288 | 375 | 487 | 633 | 823 |
| less tax on EBIT | (58) | (76) | (99) | (129) | (167) | (217) | ||
| NOPAT | 163 | 212 | 276 | 359 | 466 | 606 | ||
| add depreciation | — | 6 | 23 | 31 | 40 | 52 | 68 | 88 |
| less capex | — | (197) | (366) | (476) | (476) | (433) | (322) | (105) |
| less working-capital build | — | (136) | (176) | (229) | (298) | (387) | ||
| Free cash flow to firm | — | (181) | — | (369) | (337) | (252) | (87) | 201 |
| Discount factor | 0.949 | 0.855 | 0.770 | 0.694 | 0.625 | |||
| Present value | (350) | (288) | (194) | (60) | 126 |
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 262, dividends at 1.7% of profit
| ₹ crore | FY26 | FY27 | FY28 | FY29 | FY30 | FY31 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| EBIT | 221 | 288 | 375 | 487 | 633 | 823 |
| Interest at 8% on debt | (21) | (21) | (21) | (21) | (21) | |
| Profit before tax | 267 | 354 | 466 | 612 | 802 | |
| Profit after tax | 136 | 197 | 260 | 343 | 451 | 590 |
| Dividends | (2) | (3) | (4) | (6) | (8) | (10) |
| Balance sheet, year end | ||||||
| Cash | 2 | (386) | (742) | (1,016) | (1,125) | (950) |
| Working capital | 452 | 588 | 764 | 993 | 1,291 | 1,679 |
| Net block and other assets | 1,132 | 1,578 | 2,014 | 2,395 | 2,650 | 2,668 |
| Debt | 262 | 262 | 262 | 262 | 262 | 262 |
| Equity | 458 | 651 | 907 | 1,244 | 1,687 | 2,268 |
| Balance check | 0 | (0) | (0) | 0 | 0 | 0 |
| Cash flow | ||||||
| From operations | 92 | 124 | 166 | 220 | 291 | |
| Investing (capex) | (476) | (476) | (433) | (322) | (105) | |
| Financing (dividends) | (3) | (4) | (6) | (8) | (10) | |
| Net change in cash | (388) | (357) | (273) | (110) | 175 | |
| Free cash flow to equity | (384) | (352) | (268) | (102) | 185 | |
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% | 19.7% | 11.00% | 5% | ₹212 | (21.5)% |
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.