Models
ROSSARI BIOTECH LIMITEDROSSARIChemicals & Petrochemicals
₹105per 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₹105implied FY26 P/E 3.9× · EV/EBITDA 3.2×
Against CMP ₹448.00−76.6%close of 2026-09-10
Growth the CMP implies45.0%revenue, a year for 5 years, on your other inputs
Value after FY31119%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
₹48₹220
52-week rangetraded range, a fact not a value
₹375₹690
From enterprise to equity · ₹ crore
| PV of FY27–FY31 free cash flow | (172) |
| PV of terminal value | 1,086 |
| Enterprise value | 914 |
| less net debt | (333) |
| less non-controlling interest | 0 |
| add non-operating investments | 0 |
| Equity value | 581 |
| ÷ 5.54 crore shares | ₹105 |
119% 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% | 112 | 132 | 155 | 184 | 220 |
| 10.50% | 92 | 108 | 128 | 151 | 179 |
| 11.00% | 75 | 89 | 105 | 124 | 146 |
| 11.50% | 61 | 72 | 86 | 101 | 120 |
| 12.00% | 48 | 58 | 69 | 83 | 98 |
The outlined cell is your model. Green figures sit above the CMP of ₹448.00; 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 | (25) · 103 · 216 |
| Draws below the CMP | 100% |
| Rank correlation with ebitda margin | +0.84 |
| Rank correlation with revenue growth | −0.46 |
| Rank correlation with discount rate | −0.23 |
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 | 1,656 | 1,831 | 2,080 | 2,396 | 2,756 | 3,169 | 3,645 | 4,191 | 4,820 |
| growth % | 11.7 | 10.5 | 13.6 | 15.2 | 15.0 | 15.0 | 15.0 | 15.0 | 15.0 |
| EBITDA | 223 | 250 | 265 | 286 | 328 | 377 | 434 | 499 | 574 |
| margin % | 13.5 | 13.6 | 12.7 | 11.9 | 11.9 | 11.9 | 11.9 | 11.9 | 11.9 |
| less depreciation | (63) | (60) | (67) | (79) | (91) | (105) | (120) | (138) | (159) |
| EBIT | 160 | 189 | 198 | 207 | 237 | 273 | 313 | 360 | 415 |
| less tax on EBIT | (55) | (63) | (72) | (83) | (96) | (110) | |||
| NOPAT | 152 | 174 | 200 | 230 | 265 | 304 | |||
| add depreciation | 63 | 60 | 67 | 79 | 91 | 105 | 120 | 138 | 159 |
| less capex | (33) | (131) | (159) | (265) | (303) | (293) | (273) | (240) | (191) |
| less working-capital build | — | (96) | (110) | (127) | (146) | (168) | |||
| Free cash flow to firm | 120 | (88) | (21) | — | (134) | (99) | (49) | 17 | 105 |
| Discount factor | 0.949 | 0.855 | 0.770 | 0.694 | 0.625 | ||||
| Present value | (127) | (84) | (38) | 12 | 65 |
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 408, dividends at 1.9% of profit
| ₹ crore | FY26 | FY27 | FY28 | FY29 | FY30 | FY31 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| EBIT | 207 | 237 | 273 | 313 | 360 | 415 |
| Interest at 9.6% on debt | (39) | (39) | (39) | (39) | (39) | |
| Profit before tax | 198 | 233 | 274 | 321 | 375 | |
| Profit after tax | 149 | 145 | 171 | 201 | 236 | 276 |
| Dividends | (3) | (3) | (3) | (4) | (4) | (5) |
| Balance sheet, year end | ||||||
| Cash | 75 | (90) | (221) | (303) | (319) | (248) |
| Working capital | 639 | 735 | 845 | 972 | 1,118 | 1,286 |
| Net block and other assets | 1,575 | 1,787 | 1,975 | 2,127 | 2,229 | 2,261 |
| Debt | 408 | 408 | 408 | 408 | 408 | 408 |
| Equity | 1,333 | 1,476 | 1,644 | 1,841 | 2,073 | 2,343 |
| Balance check | 0 | 0 | (0) | (0) | (0) | 0 |
| Cash flow | ||||||
| From operations | 140 | 166 | 195 | 228 | 267 | |
| Investing (capex) | (303) | (293) | (273) | (240) | (191) | |
| Financing (dividends) | (3) | (3) | (4) | (4) | (5) | |
| Net change in cash | (166) | (131) | (82) | (16) | 71 | |
| Free cash flow to equity | (163) | (127) | (78) | (12) | 76 | |
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 | 15% | 11.9% | 11.00% | 5% | ₹105 | (76.6)% |
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.