| Intrinsic Valuation of: JSWINFRA | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 7 | Market Cap | ₹651B | |||||
| 2021 | - | - (-) | P/E Ratio | 44 | Total Asset | ₹169B | |||||
| 2022 | ₹7B | - (-) | Net Income | ₹15B | Total Debt | ₹44B | |||||
| 2023 | ₹15B | 127.5% (62.0%) | EBITDA | ₹27B | Total Liab | ₹64B | |||||
| 2024 | ₹16B | 2.4% (-14.1%) | Opr Margin | 0.38 | Debt/Equity | 0.42 | |||||
| 2025 | ₹249M | -98.4% (-98.7%) | PreTax Margin | 30.73 | BV/Share | 34 | |||||
| 5Y Average FCF | ₹9B | 10.5% (-16.9%) | |||||||||
| 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 (10.5%) | ||||||||||
| 2026 | ₹275M | MBG Intrinsic Value | ₹64 | ||||||||
| 2027 | ₹304M | ||||||||||
| 2028 | ₹336M | ||||||||||
| 2029 | ₹371M | ||||||||||
| 2030 | ₹410M | ||||||||||
| 2031 | ₹453M | ||||||||||
| Terminal Value | ₹9B | Net Worth/Share | ₹51 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹8B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹6B | ₹-15 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹44B | WACC | 7.3% | -15 | -15 | -15 | -14 | -14 | |||
| Equity Value | ₹-31B | 7.4% | -15 | -15 | -15 | -14 | -14 | ||||
| Shares Outstanding | 2,073,479,936 | 7.4% | -15 | -15 | -15 | -14 | -14 | ||||
| 7.9% | -15 | -15 | -15 | -15 | -14 | ||||||
| DCF Intrinsic Value | ₹-15 | 8.4% | -16 | -16 | -15 | -15 | -15 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||