Intrinsic Valuation of: INDUSINDBK
Free Cash Flow Average and Growth over past 5Y Key Statistics
Year FCF FCF (FCF/Revenue)
2021 - - EPS (FY) 11 Market Cap ₹691B
2022 - - (-) P/E Ratio 78 Total Asset ₹5,434B
2023 ₹-130B - (-) Net Income ₹9B Total Debt ₹0
2024 ₹-177B -35.7% (-17.3%) EBITDA - Total Liab ₹4,777B
2025 ₹175B 199.4% (209.6%) Opr Margin - Debt/Equity -
2026 ₹3B -98.3% (-98.2%) PreTax Margin - BV/Share 844
5Y Average FCF ₹-32B 8.9% (31.4%)
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 (8.9%)
2027 ₹31B MBG Intrinsic Value ₹102
2028 ₹34B
2029 ₹36B
2030 ₹38B
2031 ₹39B
2032 ₹40B
Terminal Value ₹911B Net Worth/Share ₹844
DCF Valuation DCF Valuation "What If" Scenario Table
Enterprise Value ₹779B Growth Rate
(+) Cash & Cash Equivalents ₹489B ₹1,627 1.5% 2.0% 2.5% 3.0% 3.5%
(-) Total Debt ₹0 WACC 6.5% 1,566 1,649 1,753 1,886 2,063
Equity Value ₹1,268B 7.1% 1,462 1,525 1,601 1,697 1,818
Shares Outstanding 779,106,092 7.8% 1,377 1,426 1,484 1,555 1,642
8.4% 1,307 1,346 1,392 1,446 1,511
DCF Intrinsic Value ₹1,627 9.0% 1,250 1,282 1,318 1,361 1,411
Analyzed by QuantJuice (2025)