| Intrinsic Valuation of: SOLARINDS | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 134 | Market Cap | ₹1,592B | |||||
| 2021 | - | - (-) | P/E Ratio | 128 | 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% (432.2%) | Opr Margin | 0.24 | Debt/Equity | 0.09 | |||||
| 2025 | ₹15B | 72.7% (39.0%) | PreTax Margin | 22.05 | BV/Share | 464 | |||||
| 5Y Average FCF | ₹6B | 687.3% (446.5%) | |||||||||
| 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 | ₹18B | MBG Intrinsic Value | ₹1,200 | ||||||||
| 2027 | ₹23B | ||||||||||
| 2028 | ₹29B | ||||||||||
| 2029 | ₹36B | ||||||||||
| 2030 | ₹45B | ||||||||||
| 2031 | ₹56B | ||||||||||
| Terminal Value | ₹1,159B | Net Worth/Share | ₹501 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹908B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹6B | ₹10,057 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹4B | WACC | 7.3% | 8,748 | 9,444 | 10,284 | 11,318 | 12,622 | |||
| Equity Value | ₹910B | 7.4% | 8,665 | 9,347 | 10,169 | 11,179 | 12,449 | ||||
| Shares Outstanding | 90,490,096 | 7.4% | 8,584 | 9,253 | 10,057 | 11,043 | 12,280 | ||||
| 7.9% | 7,846 | 8,398 | 9,051 | 9,837 | 10,800 | ||||||
| DCF Intrinsic Value | ₹10,057 | 8.4% | 7,216 | 7,678 | 8,217 | 8,855 | 9,623 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||