The note is the current scenario (Base). Download PDF renders this page on the server, fonts and colours exact; Print uses the browser.
Model Note · RPG LIFE SCIENCES LTD · 11 September 2026Page 1 of 2
Model Note
Prepared by the reader · not a MarketPing document
RPG LIFE SCIENCES LTD Discounted cash flow · base FY26
RPG LIFE SCIENCES LTD
Value per share, this model₹1,015
CMP 2026-09-10₹2,696.00
Difference(62.3)%
Growth the CMP implies45.0%/yr
This note states the assumptions and the arithmetic of one model of RPG LIFE SCIENCES LTD, built on its filed FY26 consolidated statements. The value is the outcome of the assumptions below and nothing else; it is not a fair value, a target or a recommendation.
Assumptions
Input
This model
Filed reference
Revenue growth, 5 years
8% a year
FY26 —% · 5-yr CAGR —%
EBITDA margin
21.3%
FY26 21.3% · 5-yr average 21.3%
Depreciation · capex, % of revenue
3% · 9.2%, fading to 1.2× depreciation
FY26 3.0% · 9.2%
Working capital, % of added revenue · tax
20.2% · 25.3%
74 working-capital days · effective 25.3%
Discount rate
11.00%
1-yr beta 0.76
After FY31
5% flat · mid-year discounting
—
Net debt · non-controlling interest · non-operating investments
₹(130) · ₹0 · ₹0 cr
FY26 net debt ₹(130) cr
Shares
1.65 crore
1.65 crore today
Source: SEBI results XBRL as filed with BSE/NSE, exchange prices; the reader's assumptions.
Projected cash flow to the firm
₹ crore
FY26
FY27
FY28
FY29
FY30
FY31
Revenue
708
764
825
891
963
1,040
growth %
—
8.0
8.0
8.0
8.0
8.0
EBITDA
151
163
176
190
205
221
Depreciation
(21)
(23)
(25)
(27)
(29)
(31)
NOPAT
97
104
113
122
132
142
less capex
(65)
(70)
(64)
(57)
(48)
(37)
less working-capital build
—
(11)
(12)
(13)
(14)
(16)
Free cash flow to firm
—
46
61
78
98
120
Present value
43
52
60
68
75
Source: the model; base year as filed.
Every figure is the reader's model over filed numbers · No rating, target or fair value is expressedmarketping.in
Model Note · RPG LIFE SCIENCES LTD · 11 September 2026Page 2 of 2
From enterprise to equity
PV of the 5 explicit years
299
PV of the terminal value (81% of EV)
1,250
Enterprise value
1,548
less net debt
130
less non-controlling interest
0
add non-operating investments
0
Equity value
1,678
÷ 1.65 crore shares
₹1,015
Source: the model.
Sensitivity, ₹ per share
WACC ↓ · terminal growth →
4.0%
4.5%
5.0%
5.5%
6.0%
10.0%
1,047
1,123
1,213
1,323
1,461
10.5%
968
1,031
1,105
1,194
1,302
11.0%
901
954
1,015
1,088
1,175
11.5%
843
888
939
1,000
1,071
12.0%
792
830
874
925
984
Source: the model; n/a where terminal growth reaches the discount rate.
Statement
This note is the reader's own model over publicly filed information: SEBI results XBRL filed with BSE and NSE and exchange price data, assembled by MarketPing software; every assumption above is the reader's. It contains no research recommendation, no price target and no opinion by MarketPing on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Historical per-share figures are on the current share count. Where a figure is unavailable the table shows a dash rather than an estimate. Nothing here constitutes investment advice, an offer or a solicitation.
Every figure is the reader's model over filed numbers · No rating, target or fair value is expressedmarketping.in
