| Intrinsic Valuation of: APARINDS | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 204 | Market Cap | ₹352B | |||||
| 2021 | - | - (-) | P/E Ratio | 43 | Total Asset | ₹113B | |||||
| 2022 | ₹1B | - (-) | Net Income | ₹8B | Total Debt | ₹3B | |||||
| 2023 | ₹5B | 297.7% (159.0%) | EBITDA | ₹16B | Total Liab | ₹68B | |||||
| 2024 | ₹-6B | -236.3% (-221.1%) | Opr Margin | 0.08 | Debt/Equity | 0.07 | |||||
| 2025 | ₹8B | 227.2% (210.4%) | PreTax Margin | 5.44 | BV/Share | 1,120 | |||||
| 5Y Average FCF | ₹2B | 96.2% (49.4%) | |||||||||
| Overall Market Assumptions: | |||||||||||
| Assumptions: | P/E for No-Growth Company: | 7.0 | |||||||||
| Perpetual Growth Rate (g): | 2.5% | Historical US Bond Yield: | 4.4% | ||||||||
| Discount Rate (WACC): | 7.4% | Current US Bond Yield: | 3.5% | ||||||||
| Forcasting Future Free Cash Flow for next 6Y | Modified Benjamin Graham's Intrinsic Value | ||||||||||
| Year | FCF Projection (25.0%) | ||||||||||
| 2026 | ₹10B | MBG Intrinsic Value | ₹1,826 | ||||||||
| 2027 | ₹12B | ||||||||||
| 2028 | ₹15B | ||||||||||
| 2029 | ₹19B | ||||||||||
| 2030 | ₹24B | ||||||||||
| 2031 | ₹30B | ||||||||||
| Terminal Value | ₹619B | Net Worth/Share | ₹1,121 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹485B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹7B | ₹12,175 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹3B | WACC | 7.3% | 10,599 | 11,436 | 12,448 | 13,692 | 15,262 | |||
| Equity Value | ₹489B | 7.4% | 10,500 | 11,321 | 12,310 | 13,525 | 15,053 | ||||
| Shares Outstanding | 40,168,300 | 7.4% | 10,402 | 11,207 | 12,175 | 13,361 | 14,850 | ||||
| 7.9% | 9,514 | 10,178 | 10,964 | 11,910 | 13,069 | ||||||
| DCF Intrinsic Value | ₹12,175 | 8.4% | 8,756 | 9,311 | 9,960 | 10,728 | 11,652 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||