Intrinsic Valuation of: OFSS
Free Cash Flow Average and Growth over past 5Y Key Statistics
Year FCF FCF (FCF/Revenue)
2021 - - EPS (FY) 302 Market Cap ₹785B
2022 - - (-) P/E Ratio 30 Total Asset ₹99B
2023 ₹17B - (-) Net Income ₹26B Total Debt ₹0
2024 ₹18B 2.3% (-8.5%) EBITDA ₹37B Total Liab ₹21B
2025 ₹22B 22.9% (14.4%) Opr Margin 44.47 Debt/Equity -
2026 ₹26B 19.5% (6.7%) PreTax Margin 44.44 BV/Share 829
5Y Average FCF ₹21B 12.2% (4.2%)
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 (12.2%)
2027 ₹27B MBG Intrinsic Value ₹2,700
2028 ₹30B
2029 ₹33B
2030 ₹35B
2031 ₹36B
2032 ₹37B
Terminal Value ₹840B Net Worth/Share ₹899
DCF Valuation DCF Valuation "What If" Scenario Table
Enterprise Value ₹715B Growth Rate
(+) Cash & Cash Equivalents ₹15B ₹8,386 1.5% 2.0% 2.5% 3.0% 3.5%
(-) Total Debt ₹0 WACC 6.5% 7,882 8,566 9,422 10,520 11,981
Equity Value ₹730B 7.1% 7,017 7,538 8,171 8,956 9,958
Shares Outstanding 87,062,450 7.8% 6,314 6,719 7,201 7,785 8,504
8.4% 5,740 6,062 6,439 6,886 7,424
DCF Intrinsic Value ₹8,386 9.0% 5,269 5,531 5,833 6,186 6,602
Analyzed by QuantJuice (2025)