| Intrinsic Valuation of: SRF | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 42 | Market Cap | ₹961B | |||||
| 2021 | - | - (-) | P/E Ratio | 77 | Total Asset | ₹216B | |||||
| 2022 | ₹3B | - (-) | Net Income | ₹13B | Total Debt | ₹20B | |||||
| 2023 | ₹360M | -86.9% (-88.9%) | EBITDA | ₹29B | Total Liab | ₹89B | |||||
| 2024 | ₹-1B | -442.2% (-486.8%) | Opr Margin | 0.14 | Debt/Equity | 0.16 | |||||
| 2025 | ₹13B | 1120.6% (1017.7%) | PreTax Margin | 11.77 | BV/Share | 422 | |||||
| 5Y Average FCF | ₹4B | 197.2% (147.3%) | |||||||||
| 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 | ₹16B | MBG Intrinsic Value | ₹372 | ||||||||
| 2027 | ₹20B | ||||||||||
| 2028 | ₹25B | ||||||||||
| 2029 | ₹31B | ||||||||||
| 2030 | ₹38B | ||||||||||
| 2031 | ₹48B | ||||||||||
| Terminal Value | ₹996B | Net Worth/Share | ₹426 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹780B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹3B | ₹2,577 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹20B | WACC | 7.3% | 2,234 | 2,416 | 2,637 | 2,908 | 3,250 | |||
| Equity Value | ₹764B | 7.4% | 2,212 | 2,391 | 2,607 | 2,871 | 3,205 | ||||
| Shares Outstanding | 296,424,992 | 7.4% | 2,191 | 2,366 | 2,577 | 2,836 | 3,160 | ||||
| 7.9% | 1,997 | 2,142 | 2,313 | 2,519 | 2,772 | ||||||
| DCF Intrinsic Value | ₹2,577 | 8.4% | 1,832 | 1,953 | 2,094 | 2,262 | 2,463 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||