Models
SREE RAYALSEEMA HHP LTD.SRHHYPOLTDChemicals & Petrochemicals
₹696per 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₹696implied FY26 P/E 12.9× · EV/EBITDA 10.1×
Against CMP ₹523.00+33.0%close of 2026-09-10
Growth the CMP implies(18.5)%revenue, a year for 5 years, on your other inputs
Value after FY3174%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
₹598₹890
52-week rangetraded range, a fact not a value
₹382₹627
From enterprise to equity · ₹ crore
| PV of FY27–FY31 free cash flow | 197 |
| PV of terminal value | 563 |
| Enterprise value | 760 |
| less net debt | 434 |
| less non-controlling interest | 0 |
| add non-operating investments | 0 |
| Equity value | 1,194 |
| ÷ 1.72 crore shares | ₹696 |
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% | 710 | 743 | 782 | 830 | 890 |
| 10.50% | 676 | 703 | 735 | 774 | 821 |
| 11.00% | 646 | 669 | 696 | 727 | 765 |
| 11.50% | 621 | 640 | 663 | 689 | 720 |
| 12.00% | 598 | 615 | 634 | 656 | 682 |
The outlined cell is your model. Green figures sit above the CMP of ₹523.00; 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 | 623 · 692 · 779 |
| Draws below the CMP | 0% |
| Rank correlation with ebitda margin | +0.71 |
| Rank correlation with discount rate | −0.66 |
| Rank correlation with revenue growth | +0.09 |
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 | 1,650 | 866 | 638 | 667 | 697 | 728 | 761 | 795 | 831 |
| growth % | 30.2 | (47.5) | (26.3) | 4.6 | 4.5 | 4.5 | 4.5 | 4.5 | 4.5 |
| EBITDA | 178 | 100 | 89 | 75 | 78 | 82 | 85 | 89 | 93 |
| margin % | 10.8 | 11.5 | 14.0 | 11.2 | 11.2 | 11.2 | 11.2 | 11.2 | 11.2 |
| less depreciation | (19) | (11) | (7) | (7) | (8) | (8) | (8) | (9) | (9) |
| EBIT | 158 | 89 | 82 | 68 | 70 | 74 | 77 | 80 | 84 |
| less tax on EBIT | (17) | (18) | (19) | (20) | (20) | (21) | |||
| NOPAT | 51 | 53 | 55 | 57 | 60 | 63 | |||
| add depreciation | 19 | 11 | 7 | 7 | 8 | 8 | 8 | 9 | 9 |
| less capex | (10) | (20) | (2) | (6) | (7) | (8) | (9) | (10) | (11) |
| less working-capital build | — | (5) | (6) | (6) | (6) | (7) | |||
| Free cash flow to firm | 132 | 119 | 63 | — | 48 | 49 | 51 | 53 | 54 |
| Discount factor | 0.949 | 0.855 | 0.770 | 0.694 | 0.625 | ||||
| Present value | 45 | 42 | 39 | 36 | 34 |
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 5.7% of profit
| ₹ crore | FY26 | FY27 | FY28 | FY29 | FY30 | FY31 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| EBIT | 68 | 70 | 74 | 77 | 80 | 84 |
| Interest at 8% on debt | (0) | (0) | (0) | (0) | (0) | |
| Profit before tax | 70 | 74 | 77 | 80 | 84 | |
| Profit after tax | 90 | 52 | 55 | 57 | 60 | 63 |
| Dividends | (5) | (3) | (3) | (3) | (3) | (4) |
| Balance sheet, year end | ||||||
| Cash | 434 | 479 | 525 | 573 | 622 | 672 |
| Working capital | 122 | 128 | 133 | 139 | 146 | 152 |
| Net block and other assets | 559 | 558 | 558 | 559 | 560 | 562 |
| Debt | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity | 984 | 1,034 | 1,086 | 1,140 | 1,196 | 1,255 |
| Balance check | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow | ||||||
| From operations | 55 | 57 | 60 | 62 | 65 | |
| Investing (capex) | (7) | (8) | (9) | (10) | (11) | |
| Financing (dividends) | (3) | (3) | (3) | (3) | (4) | |
| Net change in cash | 45 | 46 | 48 | 49 | 51 | |
| Free cash flow to equity | 48 | 49 | 51 | 53 | 54 | |
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 | 4.5% | 11.2% | 11.00% | 5% | ₹696 | 33.0% |
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.