| Intrinsic Valuation of: SOLARINDS | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 185 | Market Cap | ₹1,567B | |||||
| 2021 | - | - (-) | P/E Ratio | 93 | Total Asset | ₹83B | |||||
| 2022 | ₹104M | - (-) | Net Income | ₹12B | Total Debt | ₹4B | |||||
| 2023 | ₹2B | 1612.1% (868.2%) | EBITDA | ₹20B | Total Liab | ₹37B | |||||
| 2024 | ₹8B | 377.1% (446.6%) | Opr Margin | 24.14 | Debt/Equity | 0.09 | |||||
| 2025 | ₹15B | 72.7% (38.7%) | PreTax Margin | 22.56 | BV/Share | 464 | |||||
| 5Y Average FCF | ₹6B | 15.0% (451.2%) | |||||||||
| 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 (15.0%) | ||||||||||
| 2026 | ₹14B | MBG Intrinsic Value | ₹1,656 | ||||||||
| 2027 | ₹16B | ||||||||||
| 2028 | ₹17B | ||||||||||
| 2029 | ₹19B | ||||||||||
| 2030 | ₹19B | ||||||||||
| 2031 | ₹20B | ||||||||||
| Terminal Value | ₹451B | Net Worth/Share | ₹501 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹383B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹6B | ₹4,249 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹4B | WACC | 6.5% | 3,992 | 4,346 | 4,788 | 5,356 | 6,111 | |||
| Equity Value | ₹384B | 7.1% | 3,539 | 3,807 | 4,132 | 4,537 | 5,051 | ||||
| Shares Outstanding | 90,490,055 | 7.8% | 3,182 | 3,391 | 3,641 | 3,942 | 4,314 | ||||
| 8.4% | 2,885 | 3,052 | 3,247 | 3,478 | 3,756 | ||||||
| DCF Intrinsic Value | ₹4,249 | 9.0% | 2,642 | 2,777 | 2,934 | 3,116 | 3,331 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||