You are on page 1of 2

PATANJALI AYURVED In Crs

0 1 2 3
Year 2017 2018E 2019E 2020E
Revenue 10000.00 15000.00 22500.00 33750.00
EBITDA 2000.00 3000.00 4500.00 6750.00
D&A <b> 80.00 120.00 180.00 270.00
EBIT 1920.00 2880.00 4320.00 6480.00
EBIT*(1-tax) <a> 1344.00 2016.00 3024.00 4536.00
Capex <c> 200.00 300.00 450.00 675.00
FCF to company (a+b-c) 1836.00 2754.00 4131.00
Terminal value (2023 onwards)
FCF + Terminal value 1836.00 2754.00 4131.00
Enterprise Value <d> ₹59,937.96
4 5 Assumptions
2021E 2022E Discount Rate 12%
50625.00 75937.50 Tax rate 30%
10125.00 15187.50 Revenue Growth 50%
405.00 607.50 EBITDA Margin 20%
9720.00 14580.00 D&A (% of Capex) 40%
6804.00 10206.00 Capex (% of Revenue) 2%
1012.50 1518.75
6196.50 9294.75
77456.25
6196.50 86751.00

You might also like