₹13per 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₹13implied P/B 7.46× on FY26 book
Against CMP ₹0.31+4153.7%close of 2026-09-10
Cost of equity7.64%risk-free + beta × equity risk premium
Book equity, FY26₹2per share · excess returns add ₹11
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 | FY27 | FY28 | FY29 | FY30 | FY31 |
|---|---|---|---|---|---|
| Opening book equity | 434 | 514 | 608 | 720 | 853 |
| Net income at 18.4% ROE | 80 | 95 | 112 | 133 | 157 |
| Cost of equity charge at 7.64% | (33) | (39) | (46) | (55) | (65) |
| Excess return | 47 | 55 | 65 | 78 | 92 |
| Present value | 45 | 50 | 54 | 60 | 66 |
| Closing book equity | 514 | 608 | 720 | 853 | 1,010 |
| Book equity today | 434 |
| PV of 5 years of excess return | 275 |
| PV of the terminal excess return, 5% flat | 2,528 |
| add non-operating investments | 0 |
| Equity value | 3,237 |
| ÷ 245.46 crore shares | ₹13 |
Where the methods land · ₹ per share · the dashed line is the CMP
52-week rangetraded range, a fact not a value
₹0₹1
Scenarios side by side · ₹ per share
| Scenario | Template | Growth | Margin | Rate | Terminal | ₹ / share | vs CMP |
|---|---|---|---|---|---|---|---|
| Base · editing | Excess return | ROE 18.4% | — | 7.64% | 5% | ₹13 | 4153.7% |
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.