Models
RAINBOW CHILDRENS MED LTDRAINBOWHealthcare Services
₹647per 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₹647implied FY26 P/E 23.0× · EV/EBITDA 12.1×
Against CMP ₹1,450.00−55.4%close of 2026-09-10
Growth the CMP implies34.5%revenue, a year for 5 years, on your other inputs
Value after FY3178%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
₹498₹946
52-week rangetraded range, a fact not a value
₹1,084₹1,610
From enterprise to equity · ₹ crore
| PV of FY27–FY31 free cash flow | 1,406 |
| PV of terminal value | 5,134 |
| Enterprise value | 6,540 |
| less net debt | 34 |
| less non-controlling interest | 0 |
| add non-operating investments | 0 |
| Equity value | 6,574 |
| ÷ 10.16 crore shares | ₹647 |
78% 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% | 669 | 719 | 780 | 854 | 946 |
| 10.50% | 616 | 658 | 707 | 767 | 839 |
| 11.00% | 571 | 606 | 647 | 696 | 754 |
| 11.50% | 532 | 562 | 596 | 637 | 685 |
| 12.00% | 498 | 523 | 553 | 587 | 627 |
The outlined cell is your model. Green figures sit above the CMP of ₹1,450.00; 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 | 510 · 643 · 807 |
| Draws below the CMP | 100% |
| Rank correlation with ebitda margin | +0.65 |
| Rank correlation with discount rate | −0.52 |
| Rank correlation with revenue growth | +0.49 |
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 | 1,174 | 1,297 | 1,516 | 1,703 | 1,916 | 2,155 | 2,425 | 2,728 | 3,069 |
| growth % | 20.5 | 10.5 | 16.9 | 12.4 | 12.5 | 12.5 | 12.5 | 12.5 | 12.5 |
| EBITDA | 396 | 429 | 490 | 543 | 611 | 688 | 774 | 870 | 979 |
| margin % | 33.8 | 33.1 | 32.3 | 31.9 | 31.9 | 31.9 | 31.9 | 31.9 | 31.9 |
| less depreciation | (90) | (112) | (138) | (151) | (169) | (190) | (213) | (240) | (270) |
| EBIT | 306 | 317 | 351 | 392 | 443 | 498 | 560 | 630 | 709 |
| less tax on EBIT | (84) | (95) | (107) | (120) | (135) | (152) | |||
| NOPAT | 308 | 348 | 391 | 440 | 495 | 557 | |||
| add depreciation | 90 | 112 | 138 | 151 | 169 | 190 | 213 | 240 | 270 |
| less capex | (141) | (354) | (146) | (216) | (243) | (262) | (282) | (303) | (324) |
| less working-capital build | — | (6) | (6) | (7) | (8) | (9) | |||
| Free cash flow to firm | 186 | (32) | 250 | — | 268 | 313 | 365 | 425 | 494 |
| Discount factor | 0.949 | 0.855 | 0.770 | 0.694 | 0.625 | ||||
| Present value | 254 | 267 | 281 | 295 | 309 |
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 0, dividends at 10.9% of profit
| ₹ crore | FY26 | FY27 | FY28 | FY29 | FY30 | FY31 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| EBIT | 392 | 443 | 498 | 560 | 630 | 709 |
| Interest at 8% on debt | 0 | 0 | 0 | 0 | 0 | |
| Profit before tax | 443 | 498 | 560 | 630 | 709 | |
| Profit after tax | 278 | 348 | 391 | 440 | 495 | 557 |
| Dividends | (30) | (38) | (43) | (48) | (54) | (61) |
| Balance sheet, year end | ||||||
| Cash | 34 | 264 | 534 | 850 | 1,221 | 1,655 |
| Working capital | 44 | 50 | 56 | 63 | 71 | 80 |
| Net block and other assets | 2,697 | 2,771 | 2,844 | 2,912 | 2,975 | 3,029 |
| Debt | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity | 1,664 | 1,974 | 2,322 | 2,715 | 3,156 | 3,652 |
| Balance check | 0 | 0 | 0 | 0 | (0) | 0 |
| Cash flow | ||||||
| From operations | 511 | 575 | 647 | 727 | 818 | |
| Investing (capex) | (243) | (262) | (282) | (303) | (324) | |
| Financing (dividends) | (38) | (43) | (48) | (54) | (61) | |
| Net change in cash | 230 | 270 | 317 | 371 | 434 | |
| Free cash flow to equity | 268 | 313 | 365 | 425 | 494 | |
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 | 12.5% | 31.9% | 11.00% | 5% | ₹647 | (55.4)% |
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.