| Select LTM Revenue Multiple | | | | | | | | |
| | | | | | | | |
| Benchmark Companies | | | |
| 539523 | 540222 | 524735 | 500420 | 524494 | | RDDA | |
| BSE:539523 | BSE:540222 | BSE:524735 | BSE:500420 | BSE:524494 | | DB:RDDA | |
| Historical Revenue Growth | | | | | | | | |
| 5Y CAGR | 11.5% | 14.4% | 2.3% | 6.9% | 15.3% | | 12.7% | |
| 3Y CAGR | 12.6% | 4.0% | 1.2% | 10.3% | 12.4% | | 13.7% | |
| Latest Twelve Months | 1.0% | 10.2% | 0.3% | 7.9% | 21.4% | | 14.7% | |
| | | | | | | | |
| Historical EBIT Profit Margin | | | | | | | | |
| 5 Year Average Margin | 15.8% | 18.6% | 10.7% | 22.3% | 16.3% | | 19.7% | |
| Prior Fiscal Year | 11.4% | 7.8% | 7.4% | 22.2% | 11.3% | | 21.7% | |
| Latest Fiscal Year | 15.5% | 11.3% | 8.4% | 24.0% | 12.1% | | 23.4% | |
| Latest Twelve Months | 17.4% | 11.3% | 9.4% | 25.3% | 13.6% | | 22.6% | |
| | | | | | | | |
| Current Trading Multiples | | | | | | | | |
| EV / LTM Revenue | 4.60x | 5.98x | 2.98x | 9.70x | 4.12x | | 3.06x | |
| EV / LTM EBIT | 26.5x | 53.2x | 31.8x | 38.4x | 30.2x | | 13.5x | |
| Price / LTM Sales | 4.63x | 5.70x | 2.58x | 9.53x | 3.92x | | 3.07x | |
| | | | | | | | |
| | | | | | | | |
| Low | Mid | High | | | | | |
| | | | | | | | |
| Benchmark EV / LTM Revenue | 2.98x | 4.60x | 9.70x | | | | | |
| Historical EV / LTM Revenue | 3.01x | 3.41x | 4.04x | | | | | |
| | | | | | | | |
| Selected EV / LTM Revenue | 3.43x | 3.61x | 3.79x | | | | | |
| (x) LTM Revenue | 311,305 | 311,305 | 311,305 | | | | | |
| (=) Implied Enterprise Value | 1,066,958 | 1,123,114 | 1,179,269 | | | | | |
| (-) Non-shareholder Claims * | 14,011 | 14,011 | 14,011 | | | | | |
| (=) Equity Value | 1,080,969 | 1,137,125 | 1,193,280 | | | | | |
| (/) Shares Outstanding | 833.2 | 833.2 | 833.2 | | | | | |
| Implied Value Range | 1,297.44 | 1,364.85 | 1,432.25 | | | | | |
| FX Rate: INR/EUR | 96.2 | 96.2 | 96.2 | | Market Price | | | |
| Implied Value Range (Trading Cur) | 13.49 | 14.19 | 14.89 | | 12.00 | | | |
| Upside / (Downside) | 12.4% | 18.3% | 24.1% | | | | | |