05 · Valuation
Valuation
What the source model contains, and what it does not.
Valuation methodology in source model
DCF (WACC, Terminal Value, EV → Equity)
Not present in source model
P/E-based valuation (target multiple)
Not present in source model
Other valuation methods
Not present in source model
The workbook (Dashboard, Historical_Data, Assumptions, Forecast_Model, Validation, Sources) contains no discount rate, terminal growth, share price, target multiple or per-share value. To avoid fabricating figures, no intrinsic or target value is shown. The model's valuation-relevant outputs are forecast EPS and Free Cash Flow, available below and on the Forecast page.
Illustrative P/E value range
Editable assumption · based on the model's forecast EPS
Change the multiple to compare the model's scenario outcomes. This is not a price target.
| Scenario | FY26F EPS | FY28F EPS | × P/E | Implied value (FY28 EPS) |
|---|---|---|---|---|
| Bear | ₹126.47 | ₹141.75 | 25× | ₹3,543.81 |
| Base | ₹146.98 | ₹177.18 | 25× | ₹4,429.59 |
| Bull | ₹165.89 | ₹221.33 | 25× | ₹5,533.29 |
Illustrative only. The multiple is supplied by you and is not a model assumption; the result is not a price target or investment recommendation.
Bear case · FY28F
Forecast outputs from the active model
- EPS
- ₹141.75
- Free cash flow
- ₹50,440 Cr
- Revenue
- ₹2,91,360 Cr
Base case · FY28F
Forecast outputs from the active model
- EPS
- ₹177.18
- Free cash flow
- ₹62,836 Cr
- Revenue
- ₹3,26,116 Cr
Bull case · FY28F
Forecast outputs from the active model
- EPS
- ₹221.33
- Free cash flow
- ₹78,280 Cr
- Revenue
- ₹3,68,377 Cr