₹—per 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₹—implied P/B —× on FY24 book
Against CMP ₹4.44—close of 2026-09-10
Cost of equity3.40%risk-free + beta × equity risk premium
Book equity, FY24₹41per share · excess returns add ₹—
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 | FY25 | FY26 | FY27 | FY28 | FY29 |
|---|---|---|---|---|---|
| Opening book equity | 41 | 42 | 43 | 43 | 44 |
| Net income at 1.9% ROE | 1 | 1 | 1 | 1 | 1 |
| Cost of equity charge at 3.40% | (1) | (1) | (1) | (1) | (2) |
| Excess return | (1) | (1) | (1) | (1) | (1) |
| Present value | (1) | (1) | (1) | (1) | (1) |
| Closing book equity | 42 | 43 | 43 | 44 | 45 |
| Book equity today | 41 |
| PV of 5 years of excess return | (3) |
| PV of the terminal excess return, 5% flat | — |
| add non-operating investments | 0 |
| Equity value | — |
| ÷ 1.00 crore shares | ₹— |
Terminal growth is at or above the cost of equity, so the terminal has no finite value. Lower the growth or raise the rate.
Where the methods land · ₹ per share · the dashed line is the CMP
52-week rangetraded range, a fact not a value
₹3₹7
Scenarios side by side · ₹ per share
| Scenario | Template | Growth | Margin | Rate | Terminal | ₹ / share | vs CMP |
|---|---|---|---|---|---|---|---|
| Base · editing | Excess return | ROE 1.9% | — | 3.40% | 5% | ₹— | —% |
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.