| Intrinsic Valuation of: PATANJALI | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 36 | Market Cap | ₹598B | |||||
| 2021 | - | - (-) | P/E Ratio | 46 | Total Asset | ₹155B | |||||
| 2022 | ₹7B | - (-) | Net Income | ₹13B | Total Debt | ₹0 | |||||
| 2023 | ₹-4B | -164.0% (-149.0%) | EBITDA | ₹21B | Total Liab | ₹41B | |||||
| 2024 | ₹16B | 475.9% (471.3%) | Opr Margin | 0.05 | Debt/Equity | - | |||||
| 2025 | ₹528M | -96.8% (-97.0%) | PreTax Margin | 4.66 | BV/Share | 271 | |||||
| 5Y Average FCF | ₹5B | 71.7% (75.1%) | |||||||||
| Overall Market Assumptions: | |||||||||||
| Assumptions: | P/E for No-Growth Company: | 7.0 | |||||||||
| Perpetual Growth Rate (g): | 2.5% | Historical US Bond Yield: | 4.4% | ||||||||
| Discount Rate (WACC): | 7.4% | Current US Bond Yield: | 3.5% | ||||||||
| Forcasting Future Free Cash Flow for next 6Y | Modified Benjamin Graham's Intrinsic Value | ||||||||||
| Year | FCF Projection (25.0%) | ||||||||||
| 2026 | ₹660M | MBG Intrinsic Value | ₹318 | ||||||||
| 2027 | ₹825M | ||||||||||
| 2028 | ₹1B | ||||||||||
| 2029 | ₹1B | ||||||||||
| 2030 | ₹2B | ||||||||||
| 2031 | ₹2B | ||||||||||
| Terminal Value | ₹42B | Net Worth/Share | ₹314 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹33B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹1B | ₹94 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹0 | WACC | 7.3% | 82 | 88 | 96 | 105 | 117 | |||
| Equity Value | ₹34B | 7.4% | 81 | 87 | 95 | 104 | 115 | ||||
| Shares Outstanding | 362,430,016 | 7.4% | 80 | 86 | 94 | 102 | 114 | ||||
| 7.9% | 74 | 79 | 84 | 92 | 100 | ||||||
| DCF Intrinsic Value | ₹94 | 8.4% | 68 | 72 | 77 | 83 | 90 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||