Models
QUINT DIGITAL LTD.QUINTMedia
₹223per 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₹223implied FY26 P/E 22.5× · EV/EBITDA 33.5×
Against CMP ₹40.11+456.0%close of 2026-09-10
Growth the CMP implies(11.2)%revenue, a year for 5 years, on your other inputs
Value after FY3182%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
₹166₹337
52-week rangetraded range, a fact not a value
₹33₹48
From enterprise to equity · ₹ crore
| PV of FY27–FY31 free cash flow | 204 |
| PV of terminal value | 909 |
| Enterprise value | 1,113 |
| less net debt | (61) |
| less non-controlling interest | 0 |
| add non-operating investments | 0 |
| Equity value | 1,052 |
| ÷ 4.72 crore shares | ₹223 |
82% 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% | 231 | 250 | 273 | 302 | 337 |
| 10.50% | 211 | 227 | 246 | 268 | 296 |
| 11.00% | 194 | 207 | 223 | 242 | 264 |
| 11.50% | 179 | 191 | 204 | 219 | 237 |
| 12.00% | 166 | 176 | 187 | 200 | 215 |
The outlined cell is your model. Green figures sit above the CMP of ₹40.11; 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 | 160 · 221 · 303 |
| Draws below the CMP | 0% |
| Rank correlation with revenue growth | +0.76 |
| Rank correlation with ebitda margin | +0.44 |
| Rank correlation with discount rate | −0.41 |
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 | 74 | 66 | 32 | 81 | 106 | 137 | 178 | 232 | 302 |
| growth % | 33.1 | (11.4) | (51.8) | 155.3 | 30.0 | 30.0 | 30.0 | 30.0 | 30.0 |
| EBITDA | (16) | 75 | (47) | 33 | 43 | 56 | 73 | 95 | 123 |
| margin % | (21.5) | 113.0 | (148.0) | 40.9 | 40.9 | 40.9 | 40.9 | 40.9 | 40.9 |
| less depreciation | (12) | (15) | (5) | (6) | (8) | (10) | (13) | (17) | (22) |
| EBIT | (28) | 59 | (52) | 27 | 35 | 46 | 60 | 78 | 101 |
| less tax on EBIT | 1 | 1 | 2 | 2 | 3 | 4 | |||
| NOPAT | 28 | 37 | 48 | 62 | 81 | 105 | |||
| add depreciation | 12 | 15 | 5 | 6 | 8 | 10 | 13 | 17 | 22 |
| less capex | (3) | (22) | (5) | (7) | (9) | (12) | (16) | (20) | (26) |
| less working-capital build | — | (5) | (6) | (8) | (10) | (14) | |||
| Free cash flow to firm | (25) | (62) | (35) | — | 31 | 40 | 52 | 67 | 88 |
| Discount factor | 0.949 | 0.855 | 0.770 | 0.694 | 0.625 | ||||
| Present value | 29 | 34 | 40 | 47 | 55 |
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 75, dividends at 0% of profit
| ₹ crore | FY26 | FY27 | FY28 | FY29 | FY30 | FY31 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| EBIT | 27 | 35 | 46 | 60 | 78 | 101 |
| Interest at 3.6% on debt | (3) | (3) | (3) | (3) | (3) | |
| Profit before tax | 33 | 43 | 57 | 75 | 99 | |
| Profit after tax | 41 | 34 | 45 | 60 | 78 | 103 |
| Dividends | 0 | 0 | 0 | 0 | 0 | 0 |
| Balance sheet, year end | ||||||
| Cash | 14 | 42 | 79 | 128 | 192 | 277 |
| Working capital | 16 | 21 | 27 | 35 | 45 | 59 |
| Net block and other assets | 508 | 510 | 512 | 514 | 518 | 522 |
| Debt | 75 | 75 | 75 | 75 | 75 | 75 |
| Equity | 342 | 376 | 421 | 481 | 559 | 662 |
| Balance check | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow | ||||||
| From operations | 37 | 49 | 65 | 85 | 111 | |
| Investing (capex) | (9) | (12) | (16) | (20) | (26) | |
| Financing (dividends) | 0 | 0 | 0 | 0 | 0 | |
| Net change in cash | 28 | 37 | 49 | 64 | 85 | |
| Free cash flow to equity | 28 | 37 | 49 | 64 | 85 | |
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% | 40.9% | 11.00% | 5% | ₹223 | 456.0% |
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.