ZEAL GLOBAL SERVICES LTD — valuation model

ZEAL GLOBAL SERVICES LTDZEAL

₹—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

Inputslive

Template

The filed lines for ZEAL GLOBAL SERVICES LTD carry no revenue or EBITDA (the bank results taxonomy), so only the excess-return template runs.

These inputs are part of the Trader plan; on your plan they stay at the figures shown. See plans

Book equity today

0not in the filed lines we hold for this filer — enter it from the balance sheet1,000

Return on equity

0filed ROE not available40

Dividend payout

0filed dividends ÷ profit100

Book equity earns your ROE; what is not paid out compounds the book. The results taxonomy for banks carries no equity line, so the FY26 book must be typed in from the balance sheet.

Value per share, your model₹—implied P/B —× on FY26 book

Against CMP ₹77.55—close of 2026-09-10

Cost of equity12.10%risk-free + beta × equity risk premium

Book equity, FY26₹0per 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	FY27	FY28	FY29	FY30	FY31
Opening book equity	0	0	0	0	0
Net income at 12% ROE	0	0	0	0	0
Cost of equity charge at 12.10%	0	0	0	0	0
Excess return	0	0	0	0	0
Present value	0	0	0	0	0
Closing book equity	0	0	0	0	0

Book equity today	0
PV of 5 years of excess return	0
PV of the terminal excess return, 5% flat	—
add non-operating investments	0
Equity value	—
÷ 1.33 crore shares	₹—

Enter book equity in the sidebar: the filed lines we hold for this filer carry no equity, so the model has no book to start from.

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

₹56₹125

Scenarios side by side · ₹ per share

Scenario	Template	Growth	Margin	Rate	Terminal	₹ / share	vs CMP
Base · editing	Excess return	ROE 12%	—	12.10%	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.