Models
UNO MINDA LIMITEDUNOMINDAAuto Components
₹263per 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₹263implied FY26 P/E 12.6× · EV/EBITDA 7.8×
Against CMP ₹1,201.60−78.1%close of 2026-09-10
Growth the CMP implies45.0%revenue, a year for 5 years, on your other inputs
Value after FY3188%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
₹185₹420
52-week rangetraded range, a fact not a value
₹994₹1,382
From enterprise to equity · ₹ crore
| PV of FY27–FY31 free cash flow | 2,061 |
| PV of terminal value | 15,388 |
| Enterprise value | 17,449 |
| less net debt | (2,260) |
| less non-controlling interest | 0 |
| add non-operating investments | 0 |
| Equity value | 15,189 |
| ÷ 57.75 crore shares | ₹263 |
88% 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% | 274 | 300 | 332 | 371 | 420 |
| 10.50% | 246 | 268 | 294 | 326 | 364 |
| 11.00% | 223 | 241 | 263 | 289 | 319 |
| 11.50% | 202 | 218 | 236 | 258 | 283 |
| 12.00% | 185 | 198 | 214 | 232 | 253 |
The outlined cell is your model. Green figures sit above the CMP of ₹1,201.60; 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 | 169 · 258 · 363 |
| Draws below the CMP | 100% |
| Rank correlation with ebitda margin | +0.87 |
| Rank correlation with discount rate | −0.41 |
| Rank correlation with revenue growth | +0.16 |
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 | 11,236 | 14,031 | 16,775 | 19,658 | 22,999 | 26,909 | 31,484 | 36,836 | 43,098 |
| growth % | 35.2 | 24.9 | 19.6 | 17.2 | 17.0 | 17.0 | 17.0 | 17.0 | 17.0 |
| EBITDA | 1,242 | 1,612 | 1,882 | 2,224 | 2,599 | 3,041 | 3,558 | 4,162 | 4,870 |
| margin % | 11.1 | 11.5 | 11.2 | 11.3 | 11.3 | 11.3 | 11.3 | 11.3 | 11.3 |
| less depreciation | (430) | (526) | (615) | (704) | (828) | (969) | (1,133) | (1,326) | (1,552) |
| EBIT | 812 | 1,086 | 1,267 | 1,520 | 1,771 | 2,072 | 2,424 | 2,836 | 3,319 |
| less tax on EBIT | (369) | (430) | (503) | (589) | (689) | (806) | |||
| NOPAT | 1,151 | 1,341 | 1,569 | 1,835 | 2,147 | 2,512 | |||
| add depreciation | 430 | 526 | 615 | 704 | 828 | 969 | 1,133 | 1,326 | 1,552 |
| less capex | (970) | (1,049) | (1,656) | (1,572) | (1,840) | (1,905) | (1,939) | (1,930) | (1,862) |
| less working-capital build | — | (384) | (450) | (526) | (616) | (720) | |||
| Free cash flow to firm | (172) | (70) | (584) | — | (56) | 182 | 503 | 928 | 1,482 |
| Discount factor | 0.949 | 0.855 | 0.770 | 0.694 | 0.625 | ||||
| Present value | (53) | 156 | 388 | 644 | 926 |
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 2,537, dividends at 13.6% of profit
| ₹ crore | FY26 | FY27 | FY28 | FY29 | FY30 | FY31 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| EBIT | 1,520 | 1,771 | 2,072 | 2,424 | 2,836 | 3,319 |
| Interest at 7.7% on debt | (195) | (195) | (195) | (195) | (195) | |
| Profit before tax | 1,576 | 1,877 | 2,229 | 2,641 | 3,123 | |
| Profit after tax | 1,197 | 1,193 | 1,421 | 1,687 | 1,999 | 2,364 |
| Dividends | (163) | (162) | (193) | (229) | (272) | (322) |
| Balance sheet, year end | ||||||
| Cash | 277 | (89) | (247) | (122) | 386 | 1,398 |
| Working capital | 2,257 | 2,641 | 3,091 | 3,617 | 4,232 | 4,952 |
| Net block and other assets | 11,172 | 12,184 | 13,120 | 13,926 | 14,530 | 14,841 |
| Debt | 2,537 | 2,537 | 2,537 | 2,537 | 2,537 | 2,537 |
| Equity | 7,260 | 8,291 | 9,518 | 10,976 | 12,704 | 14,746 |
| Balance check | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow | ||||||
| From operations | 1,636 | 1,940 | 2,295 | 2,710 | 3,196 | |
| Investing (capex) | (1,840) | (1,905) | (1,939) | (1,930) | (1,862) | |
| Financing (dividends) | (162) | (193) | (229) | (272) | (322) | |
| Net change in cash | (366) | (159) | 126 | 508 | 1,012 | |
| Free cash flow to equity | (204) | 35 | 355 | 780 | 1,334 | |
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 | 17% | 11.3% | 11.00% | 5% | ₹263 | (78.1)% |
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.