| Intrinsic Valuation of: IREDA | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 7 | Market Cap | ₹357B | |||||
| 2021 | - | - (-) | P/E Ratio | 19 | Total Asset | ₹797B | |||||
| 2022 | ₹-53B | - (-) | Net Income | ₹17B | Total Debt | ₹523B | |||||
| 2023 | ₹-124B | -134.9% (-95.3%) | EBITDA | ₹40B | Total Liab | ₹695B | |||||
| 2024 | ₹-111B | 10.0% (37.8%) | Opr Margin | 62.81 | Debt/Equity | 5.09 | |||||
| 2025 | ₹-145B | -30.2% (4.8%) | PreTax Margin | 34.16 | BV/Share | 37 | |||||
| 5Y Average FCF | ₹-108B | -0.3% (-17.6%) | |||||||||
| Overall Market Assumptions: | |||||||||||
| Assumptions: | P/E for No-Growth Company: | 7.0 | |||||||||
| Perpetual Growth Rate (g): | 1.00% | 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 (-0.3%) | ||||||||||
| 2026 | ₹0 | MBG Intrinsic Value | ₹61 | ||||||||
| 2027 | ₹0 | ||||||||||
| 2028 | ₹0 | ||||||||||
| 2029 | ₹0 | ||||||||||
| 2030 | ₹0 | ||||||||||
| 2031 | ₹0 | ||||||||||
| Terminal Value | ₹0 | Net Worth/Share | ₹37 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹0 | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹573M | ₹-186 | 1.0% | 1.2% | 1.5% | 1.8% | 2.0% | ||||
| (-) Total Debt | ₹523B | WACC | 6.5% | -186 | -186 | -186 | -186 | -186 | |||
| Equity Value | ₹-522B | 7.1% | -186 | -186 | -186 | -186 | -186 | ||||
| Shares Outstanding | 2,809,231,268 | 7.8% | -186 | -186 | -186 | -186 | -186 | ||||
| 8.4% | -186 | -186 | -186 | -186 | -186 | ||||||
| DCF Intrinsic Value | ₹-186 | 9.0% | -186 | -186 | -186 | -186 | -186 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||