Intrinsic Valuation of: COROMANDEL
Free Cash Flow Average and Growth over past 5Y Key Statistics
Year FCF FCF (FCF/Revenue)
2021 - - EPS (FY) 66 Market Cap ₹550B
2022 - - (-) P/E Ratio 28 Total Asset ₹245B
2023 ₹-143M - (-) Net Income ₹20B Total Debt ₹803M
2024 ₹9B 6412.5% (6990.7%) EBITDA ₹35B Total Liab ₹114B
2025 ₹16B 79.1% (2.8%) Opr Margin 8.52 Debt/Equity 0.01
2026 ₹171M -98.9% (-99.2%) PreTax Margin 7.43 BV/Share 368
5Y Average FCF ₹6B 15.0% (2298.1%)
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 (15.0%)
2027 ₹3B MBG Intrinsic Value ₹592
2028 ₹3B
2029 ₹4B
2030 ₹4B
2031 ₹4B
2032 ₹4B
Terminal Value ₹99B Net Worth/Share ₹446
DCF Valuation DCF Valuation "What If" Scenario Table
Enterprise Value ₹84B Growth Rate
(+) Cash & Cash Equivalents ₹4B ₹296 1.5% 2.0% 2.5% 3.0% 3.5%
(-) Total Debt ₹803M WACC 6.5% 279 302 332 370 421
Equity Value ₹87B 7.1% 248 266 288 315 350
Shares Outstanding 294,718,339 7.8% 224 238 255 275 300
8.4% 204 215 228 244 263
DCF Intrinsic Value ₹296 9.0% 188 197 207 220 234
Analyzed by QuantJuice (2025)