ऐसा लगता है कि इस पृष्ठ को लोड करने का प्रयास करते समय कोई त्रुटि हुई है.
हमारी टीम को सूचित कर दिया गया है लेकिन अगर समस्या बनी रहती है तो कृपया ईमेल सपोर्ट विजेट का उपयोग करके हमसे संपर्क करें।
| Metrics | Range | Conclusion |
|---|---|---|
| Selected LTM Revenue Multiple | 35.3x - 39.1x | 37.2x |
| Selected Fwd Revenue Multiple | 13.2x - 14.6x | 13.9x |
| Fair Value | ₹68.06 - ₹77.31 | ₹72.68 |
| Upside | -33.6% - -24.5% | -29.0% |
| Benchmarks | Ticker | Full Ticker |
|---|---|---|
| Adani Green Energy Limited | ADANIGREEN | NSEI:ADANIGREEN |
| ACME Solar Holdings Limited | ACMESOLAR | NSEI:ACMESOLAR |
| JSW Energy Limited | JSWENERGY | NSEI:JSWENERGY |
| Azure Power Global Limited | AZRE.F | OTCPK:AZRE.F |
| Adani Power Limited | ADANIPOWER | NSEI:ADANIPOWER |
| NTPC Green Energy Limited | NTPCGREEN | NSEI:NTPCGREEN |
| Select LTM Revenue Multiple | ||||||||
| Benchmark Companies | ||||||||
| ADANIGREEN | ACMESOLAR | JSWENERGY | AZRE.F | ADANIPOWER | NTPCGREEN | |||
| NSEI:ADANIGREEN | NSEI:ACMESOLAR | NSEI:JSWENERGY | OTCPK:AZRE.F | NSEI:ADANIPOWER | NSEI:NTPCGREEN | |||
| Historical Revenue Growth | ||||||||
| 5Y CAGR | 34.8% | 29.2% | 4.7% | 16.5% | 16.1% | NM- | ||
| 3Y CAGR | 43.5% | -8.0% | 18.4% | 11.8% | 24.3% | NM- | ||
| Latest Twelve Months | 16.0% | NM | -0.8% | 2.7% | 17.1% | NM | ||
| Historical EBIT Profit Margin | ||||||||
| 5 Year Average Margin | 56.2% | 57.8% | 27.0% | 51.9% | 21.3% | 56.6% | ||
| Prior Fiscal Year | 54.5% | 54.0% | 20.7% | 48.8% | 17.9% | 59.8% | ||
| Latest Fiscal Year | 59.1% | 61.5% | 32.7% | 39.4% | 28.4% | 56.7% | ||
| Latest Twelve Months | 57.0% | 64.5% | 31.7% | 39.4% | 31.1% | 53.2% | ||
| Current Trading Multiples | ||||||||
| EV / LTM Revenue | 20.15x | 17.68x | 10.81x | 6.11x | 4.24x | 50.58x | ||
| EV / LTM EBIT | 35.3x | 27.4x | 34.0x | 15.5x | 13.6x | 95.0x | ||
| Price / LTM Sales | 13.54x | 10.14x | 8.64x | 0.32x | 3.64x | 42.38x | ||
| Low | Mid | High | ||||||
| Benchmark EV / LTM Revenue | 4.24x | 10.81x | 20.15x | |||||
| Historical EV / LTM Revenue | 0.00x | NM | 0.00x | |||||
| Selected EV / LTM Revenue | 35.33x | 37.19x | 39.05x | |||||
| (x) LTM Revenue | 20,366 | 20,366 | 20,366 | |||||
| (=) Implied Enterprise Value | 719,567 | 757,439 | 795,311 | |||||
| (-) Non-shareholder Claims * | (166,642) | (166,642) | (166,642) | |||||
| (=) Equity Value | 552,925 | 590,797 | 628,669 | |||||
| (/) Shares Outstanding | 8,426.3 | 8,426.3 | 8,426.3 | |||||
| Implied Value Range | 65.62 | 70.11 | 74.61 | |||||
| FX Rate: INR/INR | 1.0 | 1.0 | 1.0 | Market Price | ||||
| Implied Value Range (Trading Cur) | 65.62 | 70.11 | 74.61 | 102.44 | ||||
| Upside / (Downside) | -35.9% | -31.6% | -27.2% | |||||
| Equity Waterfall | |||||||
| Benchmark Companies | |||||||
| (in millions) | ADANIGREEN | ACMESOLAR | JSWENERGY | AZRE.F | ADANIPOWER | NTPCGREEN | |
| Enterprise Value | 2,111,553 | 213,385 | 1,219,306 | 126,321 | 2,326,335 | 1,029,835 | |
| (+) Cash & Short Term Investments | 74,310 | 15,984 | 65,996 | 7,469 | 64,423 | 14,554 | |
| (+) Investments & Other | 0 | 0 | 0 | 457 | 0 | 167 | |
| (-) Debt | (674,300) | (106,979) | (308,531) | (126,782) | (377,050) | (180,445) | |
| (-) Other Liabilities | 0 | 0 | 0 | (567) | 0 | (918) | |
| (-) Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | |
| (-) Other | 0 | 0 | 0 | 0 | 0 | 0 | |
| Value of Common Equity | 1,511,563 | 122,391 | 976,772 | 6,898 | 2,013,708 | 863,193 | |
| (/) Shares Outstanding | 1,584.0 | 605.1 | 1,745.2 | 64.2 | 3,856.9 | 8,426.3 | |
| Implied Stock Price | 954.25 | 202.26 | 559.70 | 107.50 | 522.10 | 102.44 | |
| FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 86.00 | 1.00 | 1.00 | |
| Implied Stock Price (Trading Cur) | 954.25 | 202.26 | 559.70 | 1.25 | 522.10 | 102.44 | |
| Trading Currency | INR | INR | INR | USD | INR | INR | |
| FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 86.00 | 1.00 | 1.00 | |