Models
SUNRAKSHAKK INDUS IND LSUNRAKSHAKTextiles & Apparels
₹257per 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₹257implied FY26 P/E 8.5× · EV/EBITDA 14.1×
Against CMP ₹378.00−32.0%close of 2026-09-10
Growth the CMP implies45.0%revenue, a year for 5 years, on your other inputs
Value after FY3197%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
₹181₹409
From enterprise to equity · ₹ crore
| PV of FY27–FY31 free cash flow | 26 |
| PV of terminal value | 801 |
| Enterprise value | 827 |
| less net debt | (30) |
| less non-controlling interest | 0 |
| add non-operating investments | 0 |
| Equity value | 797 |
| ÷ 3.10 crore shares | ₹257 |
97% 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% | 267 | 293 | 324 | 361 | 409 |
| 10.50% | 241 | 262 | 287 | 318 | 355 |
| 11.00% | 218 | 236 | 257 | 282 | 312 |
| 11.50% | 198 | 214 | 231 | 252 | 276 |
| 12.00% | 181 | 195 | 210 | 227 | 247 |
The outlined cell is your model. Green figures sit above the CMP of ₹378.00; 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 | 172 · 250 · 355 |
| Draws below the CMP | 94% |
| Rank correlation with ebitda margin | +0.76 |
| Rank correlation with revenue growth | +0.43 |
| Rank correlation with discount rate | −0.41 |
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 | FY25 | FY26 | FY27 | FY28 | FY29 | FY30 | FY31 |
|---|---|---|---|---|---|---|---|
| Revenue | 180 | 608 | 790 | 1,027 | 1,335 | 1,736 | 2,257 |
| growth % | — | 237.3 | 30.0 | 30.0 | 30.0 | 30.0 | 30.0 |
| EBITDA | 26 | 59 | 77 | 100 | 130 | 168 | 219 |
| margin % | 14.2 | 9.7 | 9.7 | 9.7 | 9.7 | 9.7 | 9.7 |
| less depreciation | (11) | (14) | (18) | (24) | (31) | (40) | (52) |
| EBIT | 15 | 45 | 58 | 76 | 99 | 128 | 167 |
| less tax on EBIT | (9) | (12) | (16) | (21) | (27) | (35) | |
| NOPAT | 35 | 46 | 60 | 78 | 101 | 132 | |
| add depreciation | 11 | 14 | 18 | 24 | 31 | 40 | 52 |
| less capex | (22) | (59) | (77) | (82) | (83) | (78) | (62) |
| less working-capital build | — | (15) | (20) | (26) | (34) | (44) | |
| Free cash flow to firm | (21) | — | (28) | (18) | (1) | 29 | 77 |
| Discount factor | 0.949 | 0.855 | 0.770 | 0.694 | 0.625 | ||
| Present value | (26) | (16) | (1) | 20 | 48 |
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 45, dividends at 0% of profit
| ₹ crore | FY26 | FY27 | FY28 | FY29 | FY30 | FY31 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| EBIT | 45 | 58 | 76 | 99 | 128 | 167 |
| Interest at 7.9% on debt | (4) | (4) | (4) | (4) | (4) | |
| Profit before tax | 55 | 72 | 95 | 125 | 163 | |
| Profit after tax | 35 | 43 | 57 | 75 | 99 | 129 |
| Dividends | 0 | 0 | 0 | 0 | 0 | 0 |
| Balance sheet, year end | ||||||
| Cash | 15 | (15) | (36) | (40) | (14) | 61 |
| Working capital | 51 | 67 | 87 | 113 | 147 | 192 |
| Net block and other assets | 257 | 316 | 374 | 426 | 464 | 475 |
| Debt | 45 | 45 | 45 | 45 | 45 | 45 |
| Equity | 185 | 228 | 285 | 361 | 459 | 588 |
| Balance check | 0 | (0) | 0 | 0 | 0 | (0) |
| Cash flow | ||||||
| From operations | 46 | 61 | 80 | 104 | 137 | |
| Investing (capex) | (77) | (82) | (83) | (78) | (62) | |
| Financing (dividends) | 0 | 0 | 0 | 0 | 0 | |
| Net change in cash | (31) | (21) | (4) | 26 | 74 | |
| Free cash flow to equity | (31) | (21) | (4) | 26 | 74 | |
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 | 30% | 9.7% | 11.00% | 5% | ₹257 | (32.0)% |
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.