| Intrinsic Valuation of: NIACL | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 9 | Market Cap | ₹272B | |||||
| 2021 | - | - (-) | P/E Ratio | 19 | Total Asset | ₹1,098B | |||||
| 2022 | ₹-42B | - (-) | Net Income | ₹10B | Total Debt | ₹0 | |||||
| 2023 | ₹-60B | -42.8% (-24.7%) | EBITDA | - | Total Liab | ₹807B | |||||
| 2024 | ₹-47B | 20.4% (24.7%) | Opr Margin | - | Debt/Equity | - | |||||
| 2025 | ₹-35B | 26.1% (25.7%) | PreTax Margin | - | BV/Share | 175 | |||||
| 5Y Average FCF | ₹-46B | 2.5% (8.6%) | |||||||||
| 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): | 8.98% | Current US Bond Yield: | 3.48% | ||||||||
| Forcasting Future Free Cash Flow for next 6Y | Modified Benjamin Graham's Intrinsic Value | ||||||||||
| Year | FCF Projection (2.5%) | ||||||||||
| 2026 | ₹0 | MBG Intrinsic Value | ₹77 | ||||||||
| 2027 | ₹0 | ||||||||||
| 2028 | ₹0 | ||||||||||
| 2029 | ₹0 | ||||||||||
| 2030 | ₹0 | ||||||||||
| 2031 | ₹0 | ||||||||||
| Terminal Value | ₹0 | Net Worth/Share | ₹176 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹0 | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹177B | ₹107 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹0 | WACC | 7.0% | 107 | 107 | 107 | 107 | 107 | |||
| Equity Value | ₹177B | 8.0% | 107 | 107 | 107 | 107 | 107 | ||||
| Shares Outstanding | 1,648,000,000 | 9.0% | 107 | 107 | 107 | 107 | 107 | ||||
| 10.0% | 107 | 107 | 107 | 107 | 107 | ||||||
| DCF Intrinsic Value | ₹107 | 11.0% | 107 | 107 | 107 | 107 | 107 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||