Models
PRECISION WIRES INDIA LTDPRECWIREIndustrial Products
₹193per 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₹193implied FY26 P/E 20.1× · EV/EBITDA 14.0×
Against CMP ₹464.80−58.4%close of 2026-09-10
Growth the CMP implies45.0%revenue, a year for 5 years, on your other inputs
Value after FY31103%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
₹134₹312
52-week rangetraded range, a fact not a value
₹179₹525
From enterprise to equity · ₹ crore
| PV of FY27–FY31 free cash flow | (118) |
| PV of terminal value | 3,702 |
| Enterprise value | 3,584 |
| less net debt | (48) |
| less non-controlling interest | 0 |
| add non-operating investments | 0 |
| Equity value | 3,536 |
| ÷ 18.28 crore shares | ₹193 |
103% 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% | 201 | 221 | 246 | 275 | 312 |
| 10.50% | 180 | 197 | 217 | 241 | 270 |
| 11.00% | 163 | 177 | 193 | 213 | 236 |
| 11.50% | 148 | 160 | 174 | 190 | 209 |
| 12.00% | 134 | 145 | 157 | 170 | 186 |
The outlined cell is your model. Green figures sit above the CMP of ₹464.80; 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 | 134 · 189 · 260 |
| Draws below the CMP | 100% |
| Rank correlation with ebitda margin | +0.75 |
| Rank correlation with discount rate | −0.47 |
| Rank correlation with revenue growth | +0.37 |
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 | 3,034 | 3,302 | 4,015 | 5,410 | 7,033 | 9,143 | 11,886 | 15,452 | 20,088 |
| growth % | 13.1 | 8.8 | 21.6 | 34.8 | 30.0 | 30.0 | 30.0 | 30.0 | 30.0 |
| EBITDA | 106 | 134 | 166 | 256 | 331 | 430 | 559 | 726 | 944 |
| margin % | 3.5 | 4.1 | 4.1 | 4.7 | 4.7 | 4.7 | 4.7 | 4.7 | 4.7 |
| less depreciation | (14) | (17) | (20) | (27) | (35) | (46) | (59) | (77) | (100) |
| EBIT | 92 | 117 | 146 | 229 | 295 | 384 | 499 | 649 | 844 |
| less tax on EBIT | (59) | (76) | (99) | (128) | (167) | (217) | |||
| NOPAT | 170 | 219 | 285 | 371 | 482 | 627 | |||
| add depreciation | 14 | 17 | 20 | 27 | 35 | 46 | 59 | 77 | 100 |
| less capex | (35) | (49) | (103) | (294) | (380) | (384) | (357) | (278) | (121) |
| less working-capital build | — | (88) | (114) | (148) | (193) | (250) | |||
| Free cash flow to firm | 41 | 10 | 65 | — | (213) | (167) | (74) | 89 | 356 |
| Discount factor | 0.949 | 0.855 | 0.770 | 0.694 | 0.625 | ||||
| Present value | (202) | (143) | (57) | 62 | 223 |
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 162, dividends at 14% of profit
| ₹ crore | FY26 | FY27 | FY28 | FY29 | FY30 | FY31 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| EBIT | 229 | 295 | 384 | 499 | 649 | 844 |
| Interest at 8% on debt | (13) | (13) | (13) | (13) | (13) | |
| Profit before tax | 282 | 371 | 486 | 636 | 831 | |
| Profit after tax | 155 | 210 | 276 | 361 | 473 | 617 |
| Dividends | (22) | (29) | (39) | (51) | (66) | (86) |
| Balance sheet, year end | ||||||
| Cash | 114 | (138) | (353) | (487) | (474) | (214) |
| Working capital | 291 | 378 | 492 | 640 | 833 | 1,083 |
| Net block and other assets | 1,844 | 2,189 | 2,527 | 2,824 | 3,025 | 3,045 |
| Debt | 162 | 162 | 162 | 162 | 162 | 162 |
| Equity | 772 | 953 | 1,190 | 1,501 | 1,907 | 2,438 |
| Balance check | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow | ||||||
| From operations | 157 | 207 | 273 | 357 | 467 | |
| Investing (capex) | (380) | (384) | (357) | (278) | (121) | |
| Financing (dividends) | (29) | (39) | (51) | (66) | (86) | |
| Net change in cash | (252) | (215) | (135) | 13 | 260 | |
| Free cash flow to equity | (222) | (177) | (84) | 79 | 347 | |
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% | 4.7% | 11.00% | 5% | ₹193 | (58.4)% |
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.