OSWAL GREENTECH LIMITED — valuation model

OSWAL GREENTECH LIMITEDOSWALGREENFinance

₹-32per share · Base Model Note

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

Inputslive

Template

OSWAL GREENTECH LIMITED is a lender: the loans it makes run through its cash flow, so free cash flow to the firm does not measure it. It is valued on the excess-return template: book equity earning your ROE over the cost of equity.

Explicit years, then flat

Excess returns are projected to FY31; after that they grow flat at the terminal rate.

These inputs are part of the Trader plan; on your plan they stay at the figures shown. See plans

Book equity today

0FY26 filed 2,3852,400

Return on equity

-3FY26 as filed40

Dividend payout

0average of FY24–FY26100

Book equity earns your ROE; what is not paid out compounds the book.

Value per share, your model₹(32)implied P/B (0.34)× on FY26 book

Against CMP ₹18.56−270.2%close of 28 Oct 2026

Cost of equity17.43%risk-free + beta × equity risk premium

Book equity, FY26₹93per share · excess returns add ₹(124)

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	2,385	2,323	2,263	2,204	2,146
Net income at -2.6% ROE	(62)	(60)	(59)	(57)	(56)
Cost of equity charge at 17.43%	(416)	(405)	(394)	(384)	(374)
Excess return	(478)	(465)	(453)	(442)	(430)
Present value	(441)	(366)	(303)	(252)	(209)
Closing book equity	2,323	2,263	2,204	2,146	2,091

Book equity today	2,385
PV of 5 years of excess return	(1,570)
PV of the terminal excess return, 5% flat	(1,626)
add non-operating investments	0
Equity value	(811)
÷ 25.68 crore shares	₹(32)

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

₹17₹39

Scenarios side by side · ₹ per share

Scenario	Template	Growth	Margin	Rate	Terminal	₹ / share	vs CMP
Base · editing	Excess return	ROE -2.6%	—	17.43%	5%	₹(32)	(270.2)%

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.