Models
R S D FINANCE LTD.RSDFINFinance
₹20per 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₹20implied P/B 0.10× on FY26 book
Against CMP ₹94.00−79.1%close of 2026-09-10
Cost of equity12.83%risk-free + beta × equity risk premium
Book equity, FY26₹195per share · excess returns add ₹(175)
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 | 252 | 267 | 282 | 299 | 316 |
| Net income at 6.1% ROE | 15 | 16 | 17 | 18 | 19 |
| Cost of equity charge at 12.83% | (32) | (34) | (36) | (38) | (41) |
| Excess return | (17) | (18) | (19) | (20) | (21) |
| Present value | (16) | (15) | (14) | (13) | (12) |
| Closing book equity | 267 | 282 | 299 | 316 | 335 |
| Book equity today | 252 |
| PV of 5 years of excess return | (71) |
| PV of the terminal excess return, 5% flat | (156) |
| add non-operating investments | 0 |
| Equity value | 25 |
| ÷ 1.29 crore shares | ₹20 |
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
₹66₹168
Scenarios side by side · ₹ per share
| Scenario | Template | Growth | Margin | Rate | Terminal | ₹ / share | vs CMP |
|---|---|---|---|---|---|---|---|
| Base · editing | Excess return | ROE 6.1% | — | 12.83% | 5% | ₹20 | (79.1)% |
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.