₹1,463per 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₹1,463implied P/B 1.09× on FY26 book
Against CMP ₹4,700.00−68.9%close of 2026-09-10
Cost of equity13.19%risk-free + beta × equity risk premium
Book equity, FY26₹1,341per share · excess returns add ₹122
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 | 14,894 | 16,542 | 18,373 | 20,407 | 22,665 |
| Net income at 13.8% ROE | 2,055 | 2,283 | 2,536 | 2,816 | 3,128 |
| Cost of equity charge at 13.19% | (1,965) | (2,183) | (2,424) | (2,692) | (2,990) |
| Excess return | 90 | 100 | 111 | 124 | 137 |
| Present value | 85 | 83 | 82 | 80 | 79 |
| Closing book equity | 16,542 | 18,373 | 20,407 | 22,665 | 25,174 |
| Book equity today | 14,894 |
| PV of 5 years of excess return | 408 |
| PV of the terminal excess return, 5% flat | 947 |
| add non-operating investments | 0 |
| Equity value | 16,249 |
| ÷ 11.11 crore shares | ₹1,463 |
Where the methods land · ₹ per share · the dashed line is the CMP
52-week rangetraded range, a fact not a value
₹4,000₹5,642
Scenarios side by side · ₹ per share
| Scenario | Template | Growth | Margin | Rate | Terminal | ₹ / share | vs CMP |
|---|---|---|---|---|---|---|---|
| Base · editing | Excess return | ROE 13.8% | — | 13.19% | 5% | ₹1,463 | (68.9)% |
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.