| Select LTM Revenue Multiple | | | | | | | | |
| | | | | | | | |
| Benchmark Companies | | | |
| TEAMLEASE | QUESS | VINSYS | AIRAN | 526530 | | DATAMATICS | |
| NSEI:TEAMLEASE | NSEI:QUESS | NSEI:VINSYS | NSEI:AIRAN | BSE:526530 | | NSEI:DATAMATICS | |
| Historical Revenue Growth | | | | | | | | |
| 5Y CAGR | 16.0% | 6.4% | NM- | 16.8% | NM- | | 8.0% | |
| 3Y CAGR | 24.1% | 3.1% | 103.4% | 16.7% | NM- | | 13.8% | |
| Latest Twelve Months | 20.3% | -21.5% | 30.6% | 7.4% | 23.4% | | 14.2% | |
| | | | | | | | |
| Historical EBIT Profit Margin | | | | | | | | |
| 5 Year Average Margin | 1.1% | 2.4% | 15.2% | 10.6% | 20.6% | | 12.0% | |
| Prior Fiscal Year | 1.0% | 2.1% | 20.3% | 11.8% | 18.5% | | 13.7% | |
| Latest Fiscal Year | 0.9% | 1.6% | 15.7% | 13.8% | 15.0% | | 12.9% | |
| Latest Twelve Months | 0.7% | 1.6% | 17.2% | 14.7% | 15.0% | | 12.9% | |
| | | | | | | | |
| Current Trading Multiples | | | | | | | | |
| EV / LTM Revenue | 0.27x | 0.33x | 3.49x | 3.11x | 2.69x | | 1.83x | |
| EV / LTM EBIT | 37.8x | 20.0x | 20.3x | 21.1x | 17.9x | | 14.2x | |
| Price / LTM Sales | 0.31x | 0.34x | 3.42x | 3.20x | 2.58x | | 2.06x | |
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| | | | | | | | |
| Low | Mid | High | | | | | |
| | | | | | | | |
| Benchmark EV / LTM Revenue | 0.27x | 2.69x | 3.49x | | | | | |
| Historical EV / LTM Revenue | 0.47x | 1.23x | 1.83x | | | | | |
| | | | | | | | |
| Selected EV / LTM Revenue | 1.79x | 1.89x | 1.98x | | | | | |
| (x) LTM Revenue | 17,698 | 17,698 | 17,698 | | | | | |
| (=) Implied Enterprise Value | 31,726 | 33,396 | 35,065 | | | | | |
| (-) Non-shareholder Claims * | 4,014 | 4,014 | 4,014 | | | | | |
| (=) Equity Value | 35,740 | 37,410 | 39,079 | | | | | |
| (/) Shares Outstanding | 59.1 | 59.1 | 59.1 | | | | | |
| Implied Value Range | 604.67 | 632.92 | 661.17 | | | | | |
| FX Rate: INR/INR | 1.0 | 1.0 | 1.0 | | Market Price | | | |
| Implied Value Range (Trading Cur) | 604.67 | 632.92 | 661.17 | | 616.85 | | | |
| Upside / (Downside) | -2.0% | 2.6% | 7.2% | | | | | |