| Intrinsic Valuation of: INDIGO | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 174 | Market Cap | ₹2,182B | |||||
| 2021 | - | - (-) | P/E Ratio | 33 | Total Asset | ₹1,158B | |||||
| 2022 | ₹17B | - (-) | Net Income | ₹73B | Total Debt | ₹0 | |||||
| 2023 | ₹122B | 597.3% (237.3%) | EBITDA | ₹214B | Total Liab | ₹1,065B | |||||
| 2024 | ₹201B | 65.4% (31.6%) | Opr Margin | 0.14 | Debt/Equity | - | |||||
| 2025 | ₹225B | 12.1% (-2.7%) | PreTax Margin | 7.74 | BV/Share | 242 | |||||
| 5Y Average FCF | ₹141B | 224.9% (88.7%) | |||||||||
| 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 (25.0%) | ||||||||||
| 2026 | ₹282B | MBG Intrinsic Value | ₹1,552 | ||||||||
| 2027 | ₹352B | ||||||||||
| 2028 | ₹440B | ||||||||||
| 2029 | ₹550B | ||||||||||
| 2030 | ₹688B | ||||||||||
| 2031 | ₹860B | ||||||||||
| Terminal Value | ₹17,882B | Net Worth/Share | ₹242 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹14,009B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹11B | ₹36,268 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹0 | WACC | 7.3% | 31,538 | 34,052 | 37,086 | 40,821 | 45,531 | |||
| Equity Value | ₹14,019B | 7.4% | 31,241 | 33,705 | 36,673 | 40,319 | 44,904 | ||||
| Shares Outstanding | 386,544,992 | 7.4% | 30,949 | 33,364 | 36,268 | 39,828 | 44,294 | ||||
| 7.9% | 28,284 | 30,276 | 32,635 | 35,473 | 38,951 | ||||||
| DCF Intrinsic Value | ₹36,268 | 8.4% | 26,009 | 27,675 | 29,621 | 31,926 | 34,699 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||