Models
Mobavenue AI Tech LimitedBSE 539682IT - Software
₹142per 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₹142implied FY26 P/E 8.7× · EV/EBITDA 23.5×
Against CMP ₹276.25−48.7%close of 2026-09-10
Growth the CMP implies45.0%revenue, a year for 5 years, on your other inputs
Value after FY3184%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
₹108₹210
52-week rangetraded range, a fact not a value
₹197₹344
From enterprise to equity · ₹ crore
| PV of FY27–FY31 free cash flow | 166 |
| PV of terminal value | 899 |
| Enterprise value | 1,065 |
| less net debt | 31 |
| less non-controlling interest | 0 |
| add non-operating investments | 0 |
| Equity value | 1,096 |
| ÷ 7.73 crore shares | ₹142 |
84% 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% | 147 | 158 | 172 | 189 | 210 |
| 10.50% | 135 | 144 | 156 | 169 | 186 |
| 11.00% | 124 | 132 | 142 | 153 | 166 |
| 11.50% | 115 | 122 | 130 | 139 | 150 |
| 12.00% | 108 | 113 | 120 | 128 | 137 |
The outlined cell is your model. Green figures sit above the CMP of ₹276.25; 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 | 107 · 140 · 185 |
| Draws below the CMP | 100% |
| Rank correlation with revenue growth | +0.72 |
| Rank correlation with ebitda margin | +0.47 |
| Rank correlation with discount rate | −0.45 |
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 | 5 | 218 | 284 | 369 | 480 | 624 | 811 |
| growth % | — | 4733.6 | 30.0 | 30.0 | 30.0 | 30.0 | 30.0 |
| EBITDA | 1 | 45 | 59 | 77 | 100 | 130 | 169 |
| margin % | 21.4 | 20.8 | 20.8 | 20.8 | 20.8 | 20.8 | 20.8 |
| less depreciation | 0 | (2) | (3) | (4) | (5) | (6) | (8) |
| EBIT | 1 | 43 | 56 | 73 | 95 | 124 | 161 |
| less tax on EBIT | (12) | (16) | (21) | (27) | (35) | (45) | |
| NOPAT | 31 | 40 | 52 | 68 | 89 | 115 | |
| add depreciation | 0 | 2 | 3 | 4 | 5 | 6 | 8 |
| less capex | 0 | (12) | (16) | (17) | (17) | (15) | (10) |
| less working-capital build | — | (10) | (12) | (16) | (21) | (27) | |
| Free cash flow to firm | (2) | — | 18 | 27 | 40 | 60 | 87 |
| Discount factor | 0.949 | 0.855 | 0.770 | 0.694 | 0.625 | ||
| Present value | 17 | 23 | 31 | 41 | 54 |
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 8, dividends at 0% of profit
| ₹ crore | FY26 | FY27 | FY28 | FY29 | FY30 | FY31 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| EBIT | 43 | 56 | 73 | 95 | 124 | 161 |
| Interest at 8% on debt | (1) | (1) | (1) | (1) | (1) | |
| Profit before tax | 56 | 72 | 94 | 123 | 160 | |
| Profit after tax | 0 | 40 | 52 | 68 | 88 | 115 |
| Dividends | (0) | 0 | 0 | 0 | 0 | 0 |
| Balance sheet, year end | ||||||
| Cash | 40 | 57 | 83 | 123 | 182 | 268 |
| Working capital | 32 | 41 | 54 | 70 | 90 | 118 |
| Net block and other assets | 134 | 147 | 160 | 172 | 180 | 182 |
| Debt | 8 | 8 | 8 | 8 | 8 | 8 |
| Equity | 91 | 130 | 182 | 250 | 338 | 453 |
| Balance check | 0 | (0) | (0) | (0) | (0) | 0 |
| Cash flow | ||||||
| From operations | 33 | 43 | 56 | 74 | 96 | |
| Investing (capex) | (16) | (17) | (17) | (15) | (10) | |
| Financing (dividends) | 0 | 0 | 0 | 0 | 0 | |
| Net change in cash | 17 | 26 | 40 | 59 | 86 | |
| Free cash flow to equity | 17 | 26 | 40 | 59 | 86 | |
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% | 20.8% | 11.00% | 5% | ₹142 | (48.7)% |
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.