₹—per 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₹—implied P/B —× on FY20 book
Against CMP ₹61.00—close of 2026-09-09
Cost of equity2.89%risk-free + beta × equity risk premium
Book equity, FY20₹6per share · excess returns add ₹—
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 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Opening book equity | 16 | 16 | 16 | 16 | 17 |
| Net income at 0.8% ROE | 0 | 0 | 0 | 0 | 0 |
| Cost of equity charge at 2.89% | (0) | (0) | (0) | (0) | (0) |
| Excess return | (0) | (0) | (0) | (0) | (0) |
| Present value | (0) | (0) | (0) | (0) | (0) |
| Closing book equity | 16 | 16 | 16 | 17 | 17 |
| Book equity today | 16 |
| PV of 5 years of excess return | (2) |
| PV of the terminal excess return, 5% flat | — |
| add non-operating investments | 0 |
| Equity value | — |
| ÷ 2.60 crore shares | ₹— |
Terminal growth is at or above the cost of equity, so the terminal has no finite value. Lower the growth or raise the rate.
Where the methods land · ₹ per share · the dashed line is the CMP
52-week rangetraded range, a fact not a value
₹21₹70
Scenarios side by side · ₹ per share
| Scenario | Template | Growth | Margin | Rate | Terminal | ₹ / share | vs CMP |
|---|---|---|---|---|---|---|---|
| Base · editing | Excess return | ROE 0.8% | — | 2.89% | 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.