Intrinsic Valuation of: KALYANKJIL
Free Cash Flow Average and Growth over past 5Y Key Statistics
Year FCF FCF (FCF/Revenue)
2020 - - EPS (FY) 13 Market Cap ₹365B
2021 - - (-) P/E Ratio 27 Total Asset ₹151B
2022 ₹2B - (-) Net Income ₹7B Total Debt ₹0
2023 ₹8B 378.0% (267.5%) EBITDA ₹16B Total Liab ₹103B
2024 ₹10B 15.0% (-12.7%) Opr Margin 4.97 Debt/Equity -
2025 ₹7B -21.7% (-42.0%) PreTax Margin 3.60 BV/Share 46
5Y Average FCF ₹7B 15.0% (70.9%)
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): 7.00% 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 ₹8B MBG Intrinsic Value ₹117
2027 ₹9B
2028 ₹10B
2029 ₹11B
2030 ₹12B
2031 ₹12B
Terminal Value ₹270B Net Worth/Share ₹47
DCF Valuation DCF Valuation "What If" Scenario Table
Enterprise Value ₹229B Growth Rate
(+) Cash & Cash Equivalents ₹4B ₹225 1.5% 2.0% 2.5% 3.0% 3.5%
(-) Total Debt ₹0 WACC 6.5% 211 230 253 283 322
Equity Value ₹233B 7.1% 188 202 219 241 268
Shares Outstanding 1,032,740,207 7.8% 169 180 193 209 228
8.4% 154 162 172 185 199
DCF Intrinsic Value ₹225 9.0% 141 148 156 166 177
Analyzed by QuantJuice (2025)