| 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 | ₹305B | |||||
| 2021 | - | - (-) | P/E Ratio | 18 | Total Asset | ₹142B | |||||
| 2022 | ₹7B | - (-) | Net Income | ₹20B | Total Debt | ₹0 | |||||
| 2023 | ₹6B | -15.4% (-45.8%) | EBITDA | ₹30B | Total Liab | ₹46B | |||||
| 2024 | ₹11B | 97.6% (7.6%) | Opr Margin | 0.14 | Debt/Equity | - | |||||
| 2025 | ₹3B | -72.7% (-72.4%) | PreTax Margin | 14.10 | BV/Share | 69 | |||||
| 5Y Average FCF | ₹7B | 3.2% (-36.9%) | |||||||||
| 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 | ₹108 | ||||||||
| 2027 | ₹3B | ||||||||||
| 2028 | ₹3B | ||||||||||
| 2029 | ₹4B | ||||||||||
| 2030 | ₹4B | ||||||||||
| 2031 | ₹4B | ||||||||||
| Terminal Value | ₹80B | Net Worth/Share | ₹69 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹68B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹2B | ₹50 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹0 | WACC | 7.3% | 44 | 47 | 51 | 56 | 62 | |||
| Equity Value | ₹70B | 7.4% | 44 | 47 | 51 | 55 | 61 | ||||
| Shares Outstanding | 1,400,000,000 | 7.4% | 44 | 47 | 50 | 55 | 60 | ||||
| 7.9% | 40 | 43 | 46 | 49 | 53 | ||||||
| DCF Intrinsic Value | ₹50 | 8.4% | 37 | 40 | 42 | 45 | 48 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||