| Intrinsic Valuation of: IGL | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 12 | Market Cap | ₹213B | |||||
| 2021 | - | - (-) | P/E Ratio | 13 | Total Asset | ₹156B | |||||
| 2022 | ₹6B | - (-) | Net Income | ₹17B | Total Debt | ₹75M | |||||
| 2023 | ₹11B | 97.6% (7.6%) | EBITDA | ₹27B | Total Liab | ₹49B | |||||
| 2024 | ₹3B | -72.7% (-72.4%) | Opr Margin | 10.22 | Debt/Equity | 0.00 | |||||
| 2025 | ₹10B | 241.8% (220.7%) | PreTax Margin | 10.17 | BV/Share | 76 | |||||
| 5Y Average FCF | ₹8B | 15.0% (52.0%) | |||||||||
| 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%) | ||||||||||
| 2026 | ₹11B | MBG Intrinsic Value | ₹106 | ||||||||
| 2027 | ₹12B | ||||||||||
| 2028 | ₹14B | ||||||||||
| 2029 | ₹15B | ||||||||||
| 2030 | ₹15B | ||||||||||
| 2031 | ₹16B | ||||||||||
| Terminal Value | ₹354B | Net Worth/Share | ₹76 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹300B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹1B | ₹215 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹75M | WACC | 6.5% | 202 | 220 | 243 | 272 | 310 | |||
| Equity Value | ₹302B | 7.1% | 179 | 193 | 209 | 230 | 256 | ||||
| Shares Outstanding | 1,400,001,600 | 7.8% | 161 | 172 | 185 | 200 | 219 | ||||
| 8.4% | 146 | 155 | 165 | 176 | 190 | ||||||
| DCF Intrinsic Value | ₹215 | 9.0% | 134 | 141 | 149 | 158 | 169 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||