Models
PURETROP FRUITS LIMITEDBSE 530077Agricultural Food & other Products
₹666per 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₹666implied FY26 P/E 21.0× · EV/EBITDA 15.2×
Against CMP ₹176.00+278.5%close of 8 Oct 2026
Growth the CMP implies—%no growth rate between −20% and 45% a year brings the value to the CMP on your other inputs
Value after FY3174%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
₹519₹959
52-week rangetraded range, a fact not a value
₹109₹200
From enterprise to equity · ₹ crore
| PV of FY27–FY31 free cash flow | 137 |
| PV of terminal value | 395 |
| Enterprise value | 532 |
| less net debt | (1) |
| less non-controlling interest | 0 |
| add non-operating investments | 0 |
| Equity value | 531 |
| ÷ 0.80 crore shares | ₹666 |
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% | 688 | 737 | 796 | 869 | 959 |
| 10.50% | 636 | 677 | 725 | 784 | 855 |
| 11.00% | 591 | 626 | 666 | 714 | 771 |
| 11.50% | 553 | 582 | 616 | 656 | 702 |
| 12.00% | 519 | 544 | 573 | 607 | 645 |
The outlined cell is your model. Green figures sit above the CMP of ₹176.00; 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 | 549 · 662 · 801 |
| Draws below the CMP | 0% |
| Rank correlation with ebitda margin | +0.65 |
| Rank correlation with discount rate | −0.61 |
| 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 | 246 | 107 | 112 | 122 | 133 | 145 | 158 | 172 | 188 |
| growth % | 41.4 | (56.7) | 4.8 | 9.1 | 9.0 | 9.0 | 9.0 | 9.0 | 9.0 |
| EBITDA | 16 | (4) | 18 | 35 | 38 | 42 | 45 | 50 | 54 |
| margin % | 6.7 | (3.8) | 16.4 | 28.8 | 28.8 | 28.8 | 28.8 | 28.8 | 28.8 |
| less depreciation | (5) | (5) | (5) | (5) | (6) | (6) | (7) | (8) | (8) |
| EBIT | 11 | (9) | 14 | 30 | 32 | 35 | 39 | 42 | 46 |
| less tax on EBIT | (2) | (2) | (3) | (3) | (3) | (3) | |||
| NOPAT | 28 | 30 | 33 | 36 | 39 | 43 | |||
| add depreciation | 5 | 5 | 5 | 5 | 6 | 6 | 7 | 8 | 8 |
| less capex | (3) | (7) | (19) | (1) | (1) | (3) | (5) | (7) | (10) |
| less working-capital build | — | (2) | (2) | (2) | (3) | (3) | |||
| Free cash flow to firm | (3) | 66 | 20 | — | 33 | 34 | 36 | 37 | 38 |
| Discount factor | 0.949 | 0.855 | 0.770 | 0.694 | 0.625 | ||||
| Present value | 31 | 29 | 27 | 26 | 24 |
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 1, dividends at 0% of profit
| ₹ crore | FY26 | FY27 | FY28 | FY29 | FY30 | FY31 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| EBIT | 30 | 32 | 35 | 39 | 42 | 46 |
| Interest at 8% on debt | (0) | (0) | (0) | (0) | (0) | |
| Profit before tax | 32 | 35 | 38 | 42 | 46 | |
| Profit after tax | 25 | 30 | 33 | 36 | 39 | 42 |
| Dividends | 0 | 0 | 0 | 0 | 0 | 0 |
| Balance sheet, year end | ||||||
| Cash | 0 | 33 | 67 | 103 | 139 | 177 |
| Working capital | 23 | 25 | 27 | 29 | 32 | 35 |
| Net block and other assets | 130 | 125 | 121 | 119 | 119 | 120 |
| Debt | 1 | 1 | 1 | 1 | 1 | 1 |
| Equity | 138 | 168 | 201 | 236 | 275 | 318 |
| Balance check | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow | ||||||
| From operations | 34 | 37 | 40 | 44 | 48 | |
| Investing (capex) | (1) | (3) | (5) | (7) | (10) | |
| Financing (dividends) | 0 | 0 | 0 | 0 | 0 | |
| Net change in cash | 33 | 34 | 36 | 37 | 38 | |
| Free cash flow to equity | 33 | 34 | 36 | 37 | 38 | |
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 | 9% | 28.8% | 11.00% | 5% | ₹666 | 278.5% |
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.