Models
SKF IND (INDUSTRIAL) LTDSKFINDUSIndustrial Products
₹521per 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₹521implied FY26 P/E —× · EV/EBITDA 10.4×
Against CMP ₹2,916.00−82.1%close of 2026-09-10
Growth the CMP implies45.0%revenue, a year for 5 years, on your other inputs
Value after FY3181%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
₹424₹716
52-week rangetraded range, a fact not a value
₹1,994₹3,131
From enterprise to equity · ₹ crore
| PV of FY27–FY31 free cash flow | 380 |
| PV of terminal value | 1,630 |
| Enterprise value | 2,009 |
| less net debt | 569 |
| less non-controlling interest | 0 |
| add non-operating investments | 0 |
| Equity value | 2,578 |
| ÷ 4.94 crore shares | ₹521 |
81% 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% | 535 | 568 | 608 | 656 | 716 |
| 10.50% | 501 | 528 | 561 | 599 | 647 |
| 11.00% | 472 | 495 | 521 | 553 | 591 |
| 11.50% | 446 | 466 | 488 | 515 | 546 |
| 12.00% | 424 | 441 | 460 | 482 | 508 |
The outlined cell is your model. Green figures sit above the CMP of ₹2,916.00; 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 | 431 · 518 · 616 |
| Draws below the CMP | 100% |
| Rank correlation with ebitda margin | +0.81 |
| Rank correlation with discount rate | −0.53 |
| Rank correlation with revenue growth | −0.10 |
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 | FY26 | FY27 | FY28 | FY29 | FY30 | FY31 |
|---|---|---|---|---|---|---|
| Revenue | 3,440 | 3,716 | 4,013 | 4,334 | 4,681 | 5,055 |
| growth % | — | 8.0 | 8.0 | 8.0 | 8.0 | 8.0 |
| EBITDA | 194 | 208 | 225 | 243 | 262 | 283 |
| margin % | 5.6 | 5.6 | 5.6 | 5.6 | 5.6 | 5.6 |
| less depreciation | (31) | (33) | (36) | (39) | (42) | (45) |
| EBIT | 162 | 175 | 189 | 204 | 220 | 238 |
| less tax on EBIT | (3) | (3) | (3) | (3) | (4) | (4) |
| NOPAT | 160 | 172 | 186 | 200 | 216 | 234 |
| add depreciation | 31 | 33 | 36 | 39 | 42 | 45 |
| less capex | (94) | (100) | (92) | (82) | (70) | (55) |
| less working-capital build | — | (50) | (54) | (58) | (63) | (68) |
| Free cash flow to firm | — | 55 | 76 | 99 | 126 | 157 |
| Discount factor | 0.949 | 0.855 | 0.770 | 0.694 | 0.625 | |
| Present value | 52 | 65 | 77 | 88 | 98 |
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 0% of profit
| ₹ crore | FY26 | FY27 | FY28 | FY29 | FY30 | FY31 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| EBIT | 162 | 175 | 189 | 204 | 220 | 238 |
| Interest at 8% on debt | 0 | 0 | 0 | 0 | 0 | |
| Profit before tax | 175 | 189 | 204 | 220 | 238 | |
| Profit after tax | 218 | 172 | 186 | 200 | 216 | 234 |
| Dividends | 0 | 0 | 0 | 0 | 0 | 0 |
| Balance sheet, year end | ||||||
| Cash | 569 | 624 | 700 | 800 | 926 | 1,083 |
| Working capital | 624 | 674 | 728 | 786 | 848 | 916 |
| Net block and other assets | 1,481 | 1,548 | 1,604 | 1,647 | 1,674 | 1,684 |
| Debt | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity | 1,477 | 1,649 | 1,834 | 2,035 | 2,251 | 2,485 |
| Balance check | 0 | 0 | (0) | (0) | 0 | (0) |
| Cash flow | ||||||
| From operations | 155 | 168 | 181 | 196 | 212 | |
| Investing (capex) | (100) | (92) | (82) | (70) | (55) | |
| Financing (dividends) | 0 | 0 | 0 | 0 | 0 | |
| Net change in cash | 55 | 76 | 99 | 126 | 157 | |
| Free cash flow to equity | 55 | 76 | 99 | 126 | 157 | |
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 | 8% | 5.6% | 11.00% | 5% | ₹521 | (82.1)% |
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.