| 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 | ₹557B | |||||
| 2021 | - | - (-) | P/E Ratio | 37 | Total Asset | ₹169B | |||||
| 2022 | ₹7B | - (-) | Net Income | ₹15B | Total Debt | ₹44B | |||||
| 2023 | ₹15B | 127.5% (62.0%) | EBITDA | ₹26B | Total Liab | ₹64B | |||||
| 2024 | ₹16B | 2.4% (-14.1%) | Opr Margin | 38.69 | Debt/Equity | 0.42 | |||||
| 2025 | ₹249M | -98.4% (-98.7%) | PreTax Margin | 32.14 | BV/Share | 33 | |||||
| 5Y Average FCF | ₹9B | 15.0% (-16.9%) | |||||||||
| 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): | 7.15% | Current US Bond Yield: | 3.48% | ||||||||
| Forcasting Future Free Cash Flow for next 6Y | Modified Benjamin Graham's Intrinsic Value | ||||||||||
| Year | FCF Projection (15.0%) | ||||||||||
| 2026 | ₹3B | MBG Intrinsic Value | ₹65 | ||||||||
| 2027 | ₹4B | ||||||||||
| 2028 | ₹4B | ||||||||||
| 2029 | ₹5B | ||||||||||
| 2030 | ₹5B | ||||||||||
| 2031 | ₹5B | ||||||||||
| Terminal Value | ₹108B | Net Worth/Share | ₹50 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹92B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹6B | ₹26 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹44B | WACC | 6.5% | 24 | 28 | 33 | 39 | 47 | |||
| Equity Value | ₹53B | 7.2% | 19 | 22 | 26 | 30 | 35 | ||||
| Shares Outstanding | 2,084,309,264 | 7.8% | 15 | 17 | 20 | 23 | 27 | ||||
| 8.5% | 12 | 14 | 16 | 18 | 21 | ||||||
| DCF Intrinsic Value | ₹26 | 9.2% | 9 | 11 | 12 | 14 | 16 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||