SILVER TOUCH TECHNO LTD — valuation model

SILVER TOUCH TECHNO LTDSILVERTUCIT - Software

₹52per 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₹52implied FY26 P/E 3.0× · EV/EBITDA 11.5×

Against CMP ₹154.80−66.4%close of 2026-09-10

Growth the CMP implies45.0%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

₹39₹77

52-week rangetraded range, a fact not a value

₹68₹217

From enterprise to equity · ₹ crore

PV of FY27–FY31 free cash flow	148
PV of terminal value	540
Enterprise value	688
less net debt	(29)
less non-controlling interest	0
add non-operating investments	0
Equity value	659
÷ 12.68 crore shares	₹52

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%	54	58	63	69	77
10.50%	49	53	57	62	68
11.00%	46	49	52	56	61
11.50%	42	45	48	51	55
12.00%	39	42	44	47	50

The outlined cell is your model. Green figures sit above the CMP of ₹154.80; 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	39 · 51 · 65
Draws below the CMP	100%
Rank correlation with ebitda margin	+0.82
Rank correlation with discount rate	−0.49
Rank correlation with revenue growth	+0.15

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	164	224	288	342	405	480	569	674	799
growth %	—	37.0	28.6	18.6	18.5	18.5	18.5	18.5	18.5
EBITDA	17	25	38	60	71	84	100	118	140
margin %	10.3	11.1	13.0	17.5	17.5	17.5	17.5	17.5	17.5
less depreciation	(5)	(5)	(7)	(9)	(10)	(12)	(14)	(17)	(20)
EBIT	12	20	30	51	61	72	85	101	120
less tax on EBIT				(13)	(16)	(18)	(22)	(26)	(31)
NOPAT				38	45	54	64	75	89
add depreciation	5	5	7	9	10	12	14	17	20
less capex	(21)	(1)	(21)	(9)	(10)	(13)	(16)	(19)	(24)
less working-capital build				—	(17)	(20)	(24)	(28)	(33)
Free cash flow to firm	(5)	2	(24)	—	28	33	38	45	52
Discount factor					0.949	0.855	0.770	0.694	0.625
Present value					27	28	30	31	33

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 33, dividends at 1.8% of profit

₹ crore	FY26	FY27	FY28	FY29	FY30	FY31
Income statement
EBIT	51	61	72	85	101	120
Interest at 18.3% on debt		(6)	(6)	(6)	(6)	(6)
Profit before tax		55	66	79	95	114
Profit after tax	36	41	49	59	71	85
Dividends	(1)	(1)	(1)	(1)	(1)	(2)
Balance sheet, year end
Cash	4	27	55	88	127	173
Working capital	91	108	128	152	180	213
Net block and other assets	201	201	202	203	206	210
Debt	33	33	33	33	33	33
Equity	170	210	258	316	386	469
Balance check	0	0	0	(0)	(0)	(0)
Cash flow
From operations		34	41	50	60	71
Investing (capex)		(10)	(13)	(16)	(19)	(24)
Financing (dividends)		(1)	(1)	(1)	(1)	(2)
Net change in cash		23	28	33	39	46
Free cash flow to equity		24	29	34	40	47

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	18.5%	17.5%	11.00%	5%	₹52	(66.4)%

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.