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Facts from filings
Your assumptions your call
Year-end discounts each cash flow at full year t. Mid-year discounts at t−½ (cash arrives on average mid-year), which raises value ~½·WACC — a common banking convention.
Tornado Chart — Single Variable Risk
Valuation
FCFF forecast
figures in ₹ Cr
| Year | Revenue | EBIT | FCFF |
|---|
Discounting → enterprise value
figures in ₹ Cr · discount factor = 1 / (1+WACC)ᵗ
| Year | FCFF | Disc. factor | PV |
|---|
Two cross-checks on the terminal value: the EV/EBITDA it implies at exit (compare to where peers trade), and whether its growth is paid for — perpetual growth needs reinvestment, since g = reinvestment rate × ROIC.
Scenarios — downside / base / upside
Downside and Upside shift growth, margin trend, WACC and terminal growth together in the same direction — a deliberately correlated “stress” case, so the spread is wider than any single variable would move it. The tornado (left) isolates one variable at a time.
Sensitivity — value / share
Rows = WACC · Columns = terminal growth. Centre cell (highlighted) is your current case.