Models
OMAX AUTOS LTDOMAXAUTO
₹449per 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₹449implied FY26 P/E 23.7× · EV/EBITDA 20.6×
Against CMP ₹192.59+133.3%close of 2026-09-20
Growth the CMP implies7.9%revenue, a year for 5 years, on your other inputs
Value after FY3177%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
₹345₹657
52-week rangetraded range, a fact not a value
₹85₹263
From enterprise to equity · ₹ crore
| PV of FY27–FY31 free cash flow | 229 |
| PV of terminal value | 751 |
| Enterprise value | 980 |
| less net debt | (19) |
| less non-controlling interest | 0 |
| add non-operating investments | 0 |
| Equity value | 961 |
| ÷ 2.14 crore shares | ₹449 |
77% 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% | 465 | 500 | 541 | 593 | 657 |
| 10.50% | 428 | 457 | 491 | 532 | 583 |
| 11.00% | 396 | 421 | 449 | 483 | 524 |
| 11.50% | 369 | 390 | 414 | 442 | 475 |
| 12.00% | 345 | 363 | 384 | 407 | 435 |
The outlined cell is your model. Green figures sit above the CMP of ₹192.59; 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 | 317 · 446 · 621 |
| Draws below the CMP | 0% |
| Rank correlation with revenue growth | +0.76 |
| Rank correlation with ebitda margin | +0.48 |
| Rank correlation with discount rate | −0.35 |
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 | 301 | 355 | 369 | 484 | 630 | 819 | 1,064 | 1,384 | 1,799 |
| growth % | 35.4 | 18.1 | 3.9 | 31.2 | 30.0 | 30.0 | 30.0 | 30.0 | 30.0 |
| EBITDA | 14 | 48 | 50 | 48 | 62 | 80 | 104 | 136 | 176 |
| margin % | 4.6 | 13.5 | 13.6 | 9.8 | 9.8 | 9.8 | 9.8 | 9.8 | 9.8 |
| less depreciation | (23) | (22) | (19) | (17) | (22) | (29) | (37) | (48) | (63) |
| EBIT | (9) | 26 | 31 | 30 | 40 | 52 | 67 | 87 | 113 |
| less tax on EBIT | (8) | (10) | (13) | (17) | (22) | (28) | |||
| NOPAT | 23 | 30 | 39 | 50 | 65 | 85 | |||
| add depreciation | 23 | 22 | 19 | 17 | 22 | 29 | 37 | 48 | 63 |
| less capex | (16) | (5) | (6) | (4) | (5) | (14) | (27) | (46) | (76) |
| less working-capital build | — | 0 | 0 | 0 | 0 | 0 | |||
| Free cash flow to firm | 20 | 16 | 28 | — | 47 | 54 | 61 | 67 | 72 |
| Discount factor | 0.949 | 0.855 | 0.770 | 0.694 | 0.625 | ||||
| Present value | 44 | 46 | 47 | 47 | 45 |
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 47, dividends at 14.5% of profit
| ₹ crore | FY26 | FY27 | FY28 | FY29 | FY30 | FY31 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| EBIT | 30 | 40 | 52 | 67 | 87 | 113 |
| Interest at 8% on debt | (4) | (4) | (4) | (4) | (4) | |
| Profit before tax | 36 | 48 | 63 | 83 | 110 | |
| Profit after tax | 37 | 27 | 36 | 47 | 62 | 82 |
| Dividends | (5) | (4) | (5) | (7) | (9) | (12) |
| Balance sheet, year end | ||||||
| Cash | 28 | 68 | 114 | 165 | 221 | 278 |
| Working capital | (27) | (27) | (27) | (27) | (27) | (27) |
| Net block and other assets | 502 | 485 | 470 | 459 | 457 | 470 |
| Debt | 47 | 47 | 47 | 47 | 47 | 47 |
| Equity | 347 | 370 | 400 | 441 | 494 | 565 |
| Balance check | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow | ||||||
| From operations | 49 | 64 | 85 | 111 | 145 | |
| Investing (capex) | (5) | (14) | (27) | (46) | (76) | |
| Financing (dividends) | (4) | (5) | (7) | (9) | (12) | |
| Net change in cash | 40 | 46 | 51 | 56 | 58 | |
| Free cash flow to equity | 44 | 51 | 58 | 65 | 69 | |
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% | 9.8% | 11.00% | 5% | ₹449 | 133.3% |
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.