| Intrinsic Valuation of: PATANJALI | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 16 | Market Cap | ₹500B | |||||
| 2021 | - | - (-) | P/E Ratio | 30 | Total Asset | ₹155B | |||||
| 2022 | ₹7B | - (-) | Net Income | ₹13B | Total Debt | ₹0 | |||||
| 2023 | ₹-4B | -164.0% (-149.0%) | EBITDA | ₹20B | Total Liab | ₹41B | |||||
| 2024 | ₹16B | 475.9% (471.3%) | Opr Margin | 5.06 | Debt/Equity | - | |||||
| 2025 | ₹528M | -96.8% (-97.0%) | PreTax Margin | 4.85 | BV/Share | 90 | |||||
| 5Y Average FCF | ₹5B | 15.0% (75.1%) | |||||||||
| 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 | ₹3B | MBG Intrinsic Value | ₹139 | ||||||||
| 2027 | ₹4B | ||||||||||
| 2028 | ₹4B | ||||||||||
| 2029 | ₹4B | ||||||||||
| 2030 | ₹4B | ||||||||||
| 2031 | ₹5B | ||||||||||
| Terminal Value | ₹103B | Net Worth/Share | ₹105 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹87B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹1B | ₹81 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹0 | WACC | 6.5% | 76 | 83 | 91 | 102 | 116 | |||
| Equity Value | ₹88B | 7.1% | 68 | 73 | 79 | 87 | 96 | ||||
| Shares Outstanding | 1,087,879,698 | 7.8% | 61 | 65 | 69 | 75 | 82 | ||||
| 8.4% | 55 | 58 | 62 | 66 | 72 | ||||||
| DCF Intrinsic Value | ₹81 | 9.0% | 51 | 53 | 56 | 60 | 64 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||