Ratios Mar '12 Mar '13

7 6

EV
3,478.02 2,650.34

EBITDA 428 491

EV/EBITDA
8.13 5.4

DEBT

( Only Current FY total DEBT is Required )

Mar '14 Mar '15 Mar '16 Mar '17 Mar '18
5 4 3 2 1

2,070.10 5,020.78 13,444.11 16,054.82 21,581.95

433 508 637 914 1031

4.78 9.88 21.11 17.57 20.94

1085
 CARG 5 years 3 years

EBITDA 18.94% 8.02%

( Expected figures for Next FY )

Expected EBITDA 1226 ( Current EBITDA + Growth Rate of EBITDA)

Forecasted EV ( less Debt ) 24584 ( Current EV / EBITDA X expected EBITDA )

Share Outstanding 47.50 ( Data from MoneyControl Shareholding P

Target Price 518 ( 2/3rd of The Target Price )

ENTRY PRICE 345 ( Forecasted EV / Shares Outstanding )

wth Rate of EBITDA)

expected EBITDA )

ntrol Shareholding Pattern )

res Outstanding )