| Intrinsic Valuation of: DALBHARAT | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 36 | Market Cap | ₹414B | |||||
| 2021 | - | - (-) | P/E Ratio | 60 | Total Asset | ₹302B | |||||
| 2022 | ₹2B | - (-) | Net Income | ₹7B | Total Debt | ₹46B | |||||
| 2023 | ₹-5B | -380.4% (-334.3%) | EBITDA | ₹25B | Total Liab | ₹127B | |||||
| 2024 | ₹-2B | 58.0% (62.1%) | Opr Margin | 0.08 | Debt/Equity | 0.26 | |||||
| 2025 | ₹-5B | -184.9% (-199.4%) | PreTax Margin | 4.84 | BV/Share | 784 | |||||
| 5Y Average FCF | ₹-3B | -169.1% (-157.2%) | |||||||||
| 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 (4.0%) | ||||||||||
| 2026 | ₹-3B | MBG Intrinsic Value | ₹325 | ||||||||
| 2027 | ₹-3B | ||||||||||
| 2028 | ₹-3B | ||||||||||
| 2029 | ₹-3B | ||||||||||
| 2030 | ₹-3B | ||||||||||
| 2031 | ₹-3B | ||||||||||
| Terminal Value | ₹-68B | Net Worth/Share | ₹933 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹-58B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹1B | ₹-547 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹46B | WACC | 7.3% | -510 | -530 | -554 | -583 | -620 | |||
| Equity Value | ₹-103B | 7.4% | -508 | -527 | -550 | -579 | -615 | ||||
| Shares Outstanding | 187,564,992 | 7.4% | -505 | -524 | -547 | -575 | -610 | ||||
| 7.9% | -484 | -500 | -518 | -541 | -568 | ||||||
| DCF Intrinsic Value | ₹-547 | 8.4% | -466 | -479 | -494 | -512 | -534 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||