| Intrinsic Valuation of: APARINDS | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 242 | Market Cap | ₹508B | |||||
| 2021 | - | - (-) | P/E Ratio | 52 | Total Asset | ₹113B | |||||
| 2022 | ₹1B | - (-) | Net Income | ₹8B | Total Debt | ₹3B | |||||
| 2023 | ₹5B | 297.7% (159.0%) | EBITDA | ₹15B | Total Liab | ₹68B | |||||
| 2024 | ₹-6B | -236.3% (-221.1%) | Opr Margin | 7.91 | Debt/Equity | 0.07 | |||||
| 2025 | ₹8B | 227.2% (210.4%) | PreTax Margin | 6.48 | BV/Share | 1,120 | |||||
| 5Y Average FCF | ₹2B | 15.0% (49.4%) | |||||||||
| Overall Market Assumptions: | |||||||||||
| Assumptions: | P/E for No-Growth Company: | 7.0 | |||||||||
| Perpetual Growth Rate (g): | 2.48% | Historical US Bond Yield: | 4.40% | ||||||||
| Discount Rate (WACC): | 7.01% | Current US Bond Yield: | 3.48% | ||||||||
| Forcasting Future Free Cash Flow for next 6Y | Modified Benjamin Graham's Intrinsic Value | ||||||||||
| Year | FCF Projection (15.0%) | ||||||||||
| 2026 | ₹8B | MBG Intrinsic Value | ₹2,160 | ||||||||
| 2027 | ₹9B | ||||||||||
| 2028 | ₹10B | ||||||||||
| 2029 | ₹10B | ||||||||||
| 2030 | ₹11B | ||||||||||
| 2031 | ₹11B | ||||||||||
| Terminal Value | ₹254B | Net Worth/Share | ₹1,121 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹215B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹7B | ₹5,452 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹3B | WACC | 6.5% | 5,130 | 5,579 | 6,139 | 6,859 | 7,816 | |||
| Equity Value | ₹219B | 7.1% | 4,555 | 4,895 | 5,308 | 5,820 | 6,473 | ||||
| Shares Outstanding | 40,168,315 | 7.8% | 4,103 | 4,369 | 4,685 | 5,067 | 5,538 | ||||
| 8.4% | 3,727 | 3,938 | 4,185 | 4,478 | 4,831 | ||||||
| DCF Intrinsic Value | ₹5,452 | 9.0% | 3,414 | 3,585 | 3,783 | 4,013 | 4,285 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||