| Intrinsic Valuation of: SRF | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2021 | - | - | EPS (FY) | 62 | Market Cap | ₹797B | |||||
| 2022 | - | - (-) | P/E Ratio | 43 | Total Asset | ₹241B | |||||
| 2023 | ₹360M | - (-) | Net Income | ₹18B | Total Debt | ₹20B | |||||
| 2024 | ₹-1B | -442.2% (-486.8%) | EBITDA | ₹34B | Total Liab | ₹101B | |||||
| 2025 | ₹13B | 1120.6% (1017.7%) | Opr Margin | 17.81 | Debt/Equity | 0.14 | |||||
| 2026 | ₹7B | -41.2% (-45.3%) | PreTax Margin | 16.01 | BV/Share | 470 | |||||
| 5Y Average FCF | ₹5B | 15.0% (161.9%) | |||||||||
| 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): | 7.05% | 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%) | ||||||||||
| 2027 | ₹8B | MBG Intrinsic Value | ₹553 | ||||||||
| 2028 | ₹9B | ||||||||||
| 2029 | ₹10B | ||||||||||
| 2030 | ₹11B | ||||||||||
| 2031 | ₹12B | ||||||||||
| 2032 | ₹12B | ||||||||||
| Terminal Value | ₹266B | Net Worth/Share | ₹474 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹225B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹6B | ₹714 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹20B | WACC | 6.5% | 675 | 739 | 819 | 922 | 1,060 | |||
| Equity Value | ₹212B | 7.1% | 591 | 640 | 699 | 772 | 865 | ||||
| Shares Outstanding | 296,406,025 | 7.8% | 526 | 564 | 609 | 663 | 730 | ||||
| 8.4% | 472 | 502 | 537 | 578 | 628 | ||||||
| DCF Intrinsic Value | ₹714 | 9.1% | 427 | 451 | 479 | 511 | 549 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||