₹-1per 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)implied P/B (2.09)× on FY26 book
Against CMP ₹0.57−290.8%close of 2026-09-10
Cost of equity7.20%risk-free + beta × equity risk premium
Book equity, FY26₹1per share · excess returns add ₹(2)
This figure is the arithmetic of your inputs and nothing else. MarketPing publishes no fair value, target or rating; the model is yours.
Excess-return schedule · ₹ crore · book equity earns your ROE; value is book plus the returns above the cost of equity
| ₹ crore | FY27 | FY28 | FY29 | FY30 | FY31 |
|---|---|---|---|---|---|
| Opening book equity | 74 | 73 | 72 | 71 | 70 |
| Net income at -1.4% ROE | (1) | (1) | (1) | (1) | (1) |
| Cost of equity charge at 7.20% | (5) | (5) | (5) | (5) | (5) |
| Excess return | (6) | (6) | (6) | (6) | (6) |
| Present value | (6) | (6) | (5) | (5) | (4) |
| Closing book equity | 73 | 72 | 71 | 70 | 69 |
| Book equity today | 74 |
| PV of 5 years of excess return | (26) |
| PV of the terminal excess return, 5% flat | (203) |
| add non-operating investments | 0 |
| Equity value | (155) |
| ÷ 142.51 crore shares | ₹(1) |
ROE is at or below the cost of equity, so every year destroys value against book and the model lands below book value. That is the arithmetic, not a view.
Where the methods land · ₹ per share · the dashed line is the CMP
52-week rangetraded range, a fact not a value
₹1₹2
Scenarios side by side · ₹ per share
| Scenario | Template | Growth | Margin | Rate | Terminal | ₹ / share | vs CMP |
|---|---|---|---|---|---|---|---|
| Base · editing | Excess return | ROE -1.4% | — | 7.20% | 5% | ₹(1) | (290.8)% |
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.