| Intrinsic Valuation of: DALBHARAT | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2021 | - | - | EPS (FY) | 60 | Market Cap | ₹324B | |||||
| 2022 | - | - (-) | P/E Ratio | 29 | Total Asset | ₹333B | |||||
| 2023 | ₹-5B | - (-) | Net Income | ₹11B | Total Debt | ₹62B | |||||
| 2024 | ₹-2B | 58.0% (61.2%) | EBITDA | ₹33B | Total Liab | ₹152B | |||||
| 2025 | ₹-5B | -184.9% (-192.1%) | Opr Margin | 11.71 | Debt/Equity | 0.34 | |||||
| 2026 | ₹2B | 140.6% (138.3%) | PreTax Margin | 8.47 | BV/Share | 820 | |||||
| 5Y Average FCF | ₹-2B | 4.2% (2.5%) | |||||||||
| 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 (4.2%) | ||||||||||
| 2027 | ₹2B | MBG Intrinsic Value | ₹533 | ||||||||
| 2028 | ₹2B | ||||||||||
| 2029 | ₹2B | ||||||||||
| 2030 | ₹3B | ||||||||||
| 2031 | ₹3B | ||||||||||
| 2032 | ₹3B | ||||||||||
| Terminal Value | ₹61B | Net Worth/Share | ₹966 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹53B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹2B | ₹-37 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹62B | WACC | 6.5% | -53 | -30 | -1 | 36 | 85 | |||
| Equity Value | ₹-7B | 7.1% | -83 | -66 | -44 | -18 | 16 | ||||
| Shares Outstanding | 187,565,953 | 7.8% | -107 | -93 | -77 | -57 | -33 | ||||
| 8.4% | -126 | -115 | -102 | -87 | -69 | ||||||
| DCF Intrinsic Value | ₹-37 | 9.0% | -142 | -133 | -123 | -111 | -97 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||