Income Statement
2013-03-31 2014-03-31 2015-03-31 2016-03-31 2017-03-31
------------------ ----------- ----------- ----------- ----------- -----------
Revenue 2432 2829 8017 7614 7702
Expense 1919 5687 8576 8120 7607
Operating Profit 513 -2859 -559 -505 95
Operating Margin 21% -101% -7% -7% 1%
Other Income 237 178 212 432 514
EBITDA 749 -2681 -347 -73 610
EBITDA Margin 31% -95% -4% -1% 8%
Interest 0 18 551 531 224
Depreciation 86 102 661 464 419
PBT 663 -2801 -1559 -1068 -32
PBT Margin 27% -99% -19% -14% 0%
Tax 146 27 -85 5 3
Net Income 517 -2829 -1474 -1073 -35
Net Income Margin 21% -100% -18% -14% 0%
Growth Rate Plots
DCF
Growth Phase
2018-03-31 2019-03-31 2020-03-31 2021-03-31
------------------ ----------- ----------- ----------- -----------
EPS -0.2 -0.3 -0.3 -0.4
growth rate 32.00% 32.00% 22.50% 26.25%
Div. Payout Ratio 20% 20% 25% 25%
Dividend 0.0 -0.1 -0.1 -0.1
Transition Phase
2022-03-31 2023-03-31 2024-03-31 2025-03-31
------------------ ----------- ----------- ----------- -----------
EPS -0.5 -0.5 -0.5 -0.5
growth rate 22.5% 17.5% 9.8% 6.0%
Div. Payout Ratio 25% 30% 35% 40%
Dividend -0.1 -0.2 -0.2 -0.2
Cost of Equity Calculation
--------------------- ------
Risk Free Rate 5%
Beta 0.88
Risk Premium 7.39%
Country Risk Premium 1.7%
--------------------- ------
Final Values
---------------- ---
Last Value -8
Value per Share -9
---------------- ---
FCFE
Growth Phase
2018-03-31 2019-03-31 2020-03-31 2021-03-31
----------------- ----------- ----------- ----------- -----------
EPS -0.2 -0.2 -0.2 -0.3
growth rate 18% 18% 17% 17%
Capital Adequacy 5% 5% 5% 5%
FCFE -0.2 -0.2 -0.2 -0.3
Transition Phase
2022-03-31 2023-03-31 2024-03-31 2025-03-31
----------------- ----------- ----------- ----------- -----------
EPS -0.3 -0.4 -0.4 -0.4
growth rate 16.0% 12.6% 9.8% 6.0%
Capital Adequacy 5% 5% 5% 5%
FCFE -0.3 -0.3 -0.4 -0.3
Cost of Equity Calculation
--------------------- ------
Risk Free Rate 5%
Beta 0.88
Risk Premium 7.39%
Country Risk Premium 1.7%
--------------------- ------
Final Values
---------------- ----
Last Value -12
Value per Share -14
---------------- ----