Models
TRUCAP FINANCE LIMITEDTRUFinance
₹-481per 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₹(481)implied P/B (112.10)× on FY26 book
Against CMP ₹4.30−11285.6%close of 2026-09-10
Cost of equity8.15%risk-free + beta × equity risk premium
Book equity, FY26₹4per share · excess returns add ₹(485)
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 | 51 | (62) | 75 | (90) | 109 |
| Net income at -220.9% ROE | (113) | 136 | (165) | 199 | (241) |
| Cost of equity charge at 8.15% | (4) | 5 | (6) | 7 | (9) |
| Excess return | (117) | 141 | (171) | 206 | (250) |
| Present value | (112) | 126 | (140) | 157 | (175) |
| Closing book equity | (62) | 75 | (90) | 109 | (132) |
| Book equity today | 51 |
| PV of 5 years of excess return | (146) |
| PV of the terminal excess return, 5% flat | (5,622) |
| add non-operating investments | 0 |
| Equity value | (5,717) |
| ÷ 11.89 crore shares | ₹(481) |
ROE is at or below the cost of equity, so every year destroys value against book and the model lands below book value. That is the arithmetic, not a view.
Where the methods land · ₹ per share · the dashed line is the CMP
52-week rangetraded range, a fact not a value
₹4₹13
Scenarios side by side · ₹ per share
| Scenario | Template | Growth | Margin | Rate | Terminal | ₹ / share | vs CMP |
|---|---|---|---|---|---|---|---|
| Base · editing | Excess return | ROE -220.9% | — | 8.15% | 5% | ₹(481) | (11285.6)% |
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.