Intrinsic Valuation of: AUROPHARMA
Free Cash Flow Average and Growth over past 5Y Key Statistics
Year FCF FCF (FCF/Revenue)
2020 - - EPS (FY) 60 Market Cap ₹878B
2021 - - (-) P/E Ratio 25 Total Asset ₹498B
2022 ₹23B - (-) Net Income ₹35B Total Debt ₹16B
2023 ₹-3B -114.4% (-113.7%) EBITDA ₹71B Total Liab ₹171B
2024 ₹-11B -237.8% (-189.7%) Opr Margin 16.09 Debt/Equity 0.05
2025 ₹14B 224.7% (214.1%) PreTax Margin 14.68 BV/Share 489
5Y Average FCF ₹6B 3.5% (-29.8%)
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): 7.04% Current US Bond Yield: 3.48%
Forcasting Future Free Cash Flow for next 6Y Modified Benjamin Graham's Intrinsic Value
Year FCF Projection (3.5%)
2026 ₹16B MBG Intrinsic Value ₹537
2027 ₹16B
2028 ₹17B
2029 ₹17B
2030 ₹18B
2031 ₹18B
Terminal Value ₹413B Net Worth/Share ₹562
DCF Valuation DCF Valuation "What If" Scenario Table
Enterprise Value ₹356B Growth Rate
(+) Cash & Cash Equivalents ₹56B ₹682 1.5% 2.0% 2.5% 3.0% 3.5%
(-) Total Debt ₹16B WACC 6.5% 650 701 764 846 955
Equity Value ₹396B 7.1% 585 623 670 728 802
Shares Outstanding 580,801,623 7.8% 532 562 597 640 693
8.4% 489 513 541 574 614
DCF Intrinsic Value ₹682 9.0% 453 473 495 521 551
Analyzed by QuantJuice (2025)