| Select LTM Revenue Multiple | | | | | | | | |
| | | | | | | | |
| Benchmark Companies | | | |
| ZENTEC | 504176 | 523606 | IDEAFORGE | APOLLO | | ROSSTECH | |
| NSEI:ZENTEC | BSE:504176 | BSE:523606 | NSEI:IDEAFORGE | NSEI:APOLLO | | NSEI:ROSSTECH | |
| Historical Revenue Growth | | | | | | | | |
| 5Y CAGR | 36.7% | 7.1% | 19.6% | 76.8% | 7.2% | | NM- | |
| 3Y CAGR | 100.4% | 2.9% | 16.0% | 108.3% | 22.3% | | NM- | |
| Latest Twelve Months | 100.3% | 11.0% | 44.9% | -2.9% | 56.2% | | NM | |
| | | | | | | | |
| Historical EBIT Profit Margin | | | | | | | | |
| 5 Year Average Margin | 22.8% | 32.7% | 18.6% | 3.1% | 16.8% | | 8.8% | |
| Prior Fiscal Year | 30.4% | 33.2% | 18.6% | 18.9% | 18.1% | | NA | |
| Latest Fiscal Year | 39.4% | 25.6% | 22.0% | 10.9% | 19.6% | | 10.7% | |
| Latest Twelve Months | 34.8% | 25.6% | 22.0% | -17.6% | 20.1% | | 6.9% | |
| | | | | | | | |
| Current Trading Multiples | | | | | | | | |
| EV / LTM Revenue | 16.13x | 6.05x | 9.57x | 8.58x | 7.88x | | 6.22x | |
| EV / LTM EBIT | 46.4x | 23.7x | 43.5x | -48.7x | 39.2x | | 90.1x | |
| Price / LTM Sales | 17.42x | 5.96x | 9.98x | 9.29x | 7.51x | | 5.38x | |
| | | | | | | | |
| | | | | | | | |
| Low | Mid | High | | | | | |
| | | | | | | | |
| Benchmark EV / LTM Revenue | 6.05x | 8.58x | 16.13x | | | | | |
| Historical EV / LTM Revenue | 0.00x | NM | 0.00x | | | | | |
| | | | | | | | |
| Selected EV / LTM Revenue | 6.79x | 7.14x | 7.50x | | | | | |
| (x) LTM Revenue | 2,277 | 2,277 | 2,277 | | | | | |
| (=) Implied Enterprise Value | 15,453 | 16,266 | 17,080 | | | | | |
| (-) Non-shareholder Claims * | (1,920) | (1,920) | (1,920) | | | | | |
| (=) Equity Value | 13,533 | 14,347 | 15,160 | | | | | |
| (/) Shares Outstanding | 37.7 | 37.7 | 37.7 | | | | | |
| Implied Value Range | 359.01 | 380.59 | 402.16 | | | | | |
| FX Rate: INR/INR | 1.0 | 1.0 | 1.0 | | Market Price | | | |
| Implied Value Range (Trading Cur) | 359.01 | 380.59 | 402.16 | | 325.00 | | | |
| Upside / (Downside) | 10.5% | 17.1% | 23.7% | | | | | |