Models
TTK PRESTIGE LTDTTKPRESTIGConsumer Durables
₹72per 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₹72implied FY26 P/E 5.1× · EV/EBITDA 4.1×
Against CMP ₹535.70−86.5%close of 2026-09-10
Growth the CMP implies45.0%revenue, a year for 5 years, on your other inputs
Value after FY3175%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
₹56₹105
52-week rangetraded range, a fact not a value
₹423₹771
From enterprise to equity · ₹ crore
| PV of FY27–FY31 free cash flow | 252 |
| PV of terminal value | 756 |
| Enterprise value | 1,008 |
| less net debt | (19) |
| less non-controlling interest | 0 |
| add non-operating investments | 0 |
| Equity value | 989 |
| ÷ 13.70 crore shares | ₹72 |
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% | 75 | 80 | 87 | 95 | 105 |
| 10.50% | 69 | 73 | 79 | 85 | 93 |
| 11.00% | 64 | 68 | 72 | 77 | 84 |
| 11.50% | 60 | 63 | 67 | 71 | 76 |
| 12.00% | 56 | 59 | 62 | 66 | 70 |
The outlined cell is your model. Green figures sit above the CMP of ₹535.70; 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 | 39 · 72 · 103 |
| Draws below the CMP | 100% |
| Rank correlation with ebitda margin | +0.86 |
| Rank correlation with revenue growth | −0.42 |
| Rank correlation with discount rate | −0.24 |
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 | 2,777 | 2,678 | 2,715 | 2,974 | 3,256 | 3,565 | 3,904 | 4,275 | 4,681 |
| growth % | 2.0 | (3.6) | 1.4 | 9.5 | 9.5 | 9.5 | 9.5 | 9.5 | 9.5 |
| EBITDA | 359 | 304 | 186 | 248 | 274 | 299 | 328 | 359 | 393 |
| margin % | 12.9 | 11.3 | 6.9 | 8.4 | 8.4 | 8.4 | 8.4 | 8.4 | 8.4 |
| less depreciation | (53) | (64) | (71) | (81) | (88) | (96) | (105) | (115) | (126) |
| EBIT | 305 | 239 | 116 | 167 | 186 | 203 | 223 | 244 | 267 |
| less tax on EBIT | (48) | (53) | (58) | (64) | (70) | (77) | |||
| NOPAT | 119 | 132 | 145 | 159 | 174 | 190 | |||
| add depreciation | 53 | 64 | 71 | 81 | 88 | 96 | 105 | 115 | 126 |
| less capex | (68) | (68) | (42) | (88) | (98) | (109) | (122) | (136) | (152) |
| less working-capital build | — | (64) | (70) | (77) | (84) | (92) | |||
| Free cash flow to firm | 131 | 221 | 115 | — | 58 | 62 | 65 | 69 | 73 |
| Discount factor | 0.949 | 0.855 | 0.770 | 0.694 | 0.625 | ||||
| Present value | 55 | 53 | 50 | 48 | 46 |
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 55, dividends at 52.4% of profit
| ₹ crore | FY26 | FY27 | FY28 | FY29 | FY30 | FY31 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| EBIT | 167 | 186 | 203 | 223 | 244 | 267 |
| Interest at 8% on debt | (4) | (4) | (4) | (4) | (4) | |
| Profit before tax | 181 | 199 | 218 | 239 | 262 | |
| Profit after tax | 157 | 129 | 142 | 156 | 171 | 187 |
| Dividends | (82) | (68) | (74) | (81) | (89) | (98) |
| Balance sheet, year end | ||||||
| Cash | 36 | 23 | 8 | (11) | (35) | (63) |
| Working capital | 675 | 739 | 810 | 887 | 971 | 1,063 |
| Net block and other assets | 2,014 | 2,024 | 2,036 | 2,053 | 2,073 | 2,099 |
| Debt | 55 | 55 | 55 | 55 | 55 | 55 |
| Equity | 1,972 | 2,033 | 2,101 | 2,175 | 2,256 | 2,345 |
| Balance check | 0 | 0 | (0) | (0) | (0) | (0) |
| Cash flow | ||||||
| From operations | 153 | 168 | 184 | 202 | 221 | |
| Investing (capex) | (98) | (109) | (122) | (136) | (152) | |
| Financing (dividends) | (68) | (74) | (81) | (89) | (98) | |
| Net change in cash | (12) | (16) | (19) | (24) | (28) | |
| Free cash flow to equity | 55 | 59 | 62 | 66 | 70 | |
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 | 9.5% | 8.4% | 11.00% | 5% | ₹72 | (86.5)% |
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.