| Intrinsic Valuation of: CIPLA | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 48 | Market Cap | ₹1,157B | |||||
| 2021 | - | - (-) | P/E Ratio | 30 | Total Asset | ₹374B | |||||
| 2022 | ₹26B | - (-) | Net Income | ₹53B | Total Debt | ₹120M | |||||
| 2023 | ₹21B | -21.7% (-24.7%) | EBITDA | ₹79B | Total Liab | ₹61B | |||||
| 2024 | ₹28B | 35.5% (19.7%) | Opr Margin | 22.63 | Debt/Equity | 0.00 | |||||
| 2025 | ₹35B | 24.1% (16.4%) | PreTax Margin | 22.47 | BV/Share | 324 | |||||
| 5Y Average FCF | ₹27B | 9.8% (3.8%) | |||||||||
| 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): | 7.00% | Current US Bond Yield: | 3.48% | ||||||||
| Forcasting Future Free Cash Flow for next 6Y | Modified Benjamin Graham's Intrinsic Value | ||||||||||
| Year | FCF Projection (9.8%) | ||||||||||
| 2026 | ₹36B | MBG Intrinsic Value | ₹429 | ||||||||
| 2027 | ₹39B | ||||||||||
| 2028 | ₹41B | ||||||||||
| 2029 | ₹43B | ||||||||||
| 2030 | ₹45B | ||||||||||
| 2031 | ₹46B | ||||||||||
| Terminal Value | ₹1,049B | Net Worth/Share | ₹387 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹896B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹6B | ₹1,116 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹120M | WACC | 6.5% | 1,048 | 1,140 | 1,255 | 1,403 | 1,600 | |||
| Equity Value | ₹901B | 7.1% | 930 | 1,000 | 1,085 | 1,190 | 1,324 | ||||
| Shares Outstanding | 807,800,546 | 7.8% | 837 | 892 | 957 | 1,035 | 1,132 | ||||
| 8.4% | 760 | 803 | 854 | 914 | 986 | ||||||
| DCF Intrinsic Value | ₹1,116 | 9.0% | 696 | 732 | 772 | 820 | 876 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||