This note states the assumptions and the arithmetic of one model of SOMA TEXTILES & INDUST LT, 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
30% a year
FY26 752.3% · 5-yr CAGR 44.5%
EBITDA margin
5.7%
FY26 5.7% · 5-yr average 830.9%
Depreciation · capex, % of revenue
0.3% · 0.1%, fading to 1.2× depreciation
FY26 0.3% · 0.1%
Working capital, % of added revenue · tax
40.4% · 9.8%
148 working-capital days · effective 9.8%
Discount rate
11.00%
1-yr beta 0.78
After FY31
5% flat · mid-year discounting
—
Net debt · non-controlling interest · non-operating investments
₹0 · ₹0 · ₹0 cr
FY26 net debt ₹(0) cr
Shares
3.30 crore
3.30 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
81
105
137
178
231
300
growth %
752.3
30.0
30.0
30.0
30.0
30.0
EBITDA
5
6
8
10
13
17
Depreciation
(0)
(0)
(0)
(1)
(1)
(1)
NOPAT
4
5
7
9
11
15
less capex
(0)
(0)
(0)
(0)
(1)
(1)
less working-capital build
—
(10)
(13)
(17)
(22)
(28)
Free cash flow to firm
—
(4)
(6)
(8)
(10)
(14)
Present value
(4)
(5)
(6)
(7)
(8)
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 · SOMA TEXTILES & INDUST LT · 11 September 2026Page 2 of 2
From enterprise to equity
PV of the 5 explicit years
(31)
PV of the terminal value (—% of EV)
(141)
Enterprise value
(172)
less net debt
0
less non-controlling interest
0
add non-operating investments
0
Equity value
(172)
÷ 3.30 crore shares
₹(52)
Source: the model.
Sensitivity, ₹ per share
WACC ↓ · terminal growth →
4.0%
4.5%
5.0%
5.5%
6.0%
10.0%
(54)
(58)
(63)
(69)
(77)
10.5%
(49)
(53)
(57)
(62)
(68)
11.0%
(46)
(48)
(52)
(56)
(61)
11.5%
(42)
(45)
(48)
(51)
(55)
12.0%
(39)
(42)
(44)
(47)
(50)
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
