Three-Statement DCF Model

INTEGRATED FINANCIAL MODEL

From raw financials
to intrinsic value.

A fully integrated three-statement model for Reliance Industries with linked Income Statement, Balance Sheet, and Cash Flow Statement. Extended into DCF valuation with sensitivity analysis across WACC and terminal growth assumptions.

5 YEARS MODELED

₹10.9L Cr REVENUE FY26E

3 LINKED STATEMENTS

11% WACC ASSUMPTION

SELECT COMPANY

FINANCIAL STATEMENTS

DCF VALUATION

WACC 11.0%

9%14%

TERMINAL GROWTH RATE 4.0%

2%6%

ENTERPRISE VALUE — ₹ CRORES

EQUITY VALUE — ₹ CRORES

IMPLIED SHARE PRICE — ₹ PER SHARE

CURRENT MARKET PRICE ₹2,650 NSE

UPSIDE / DOWNSIDE — TO CMP

SENSITIVITY ANALYSIS — IMPLIED SHARE PRICE

Implied share price across WACC and terminal growth rate assumptions. Green cells = above current market price. Red cells = below.

WACC ↓ / TGR →	2.0%	2.5%	3.0%	3.5%	4.0%	4.5%	5.0%	5.5%	6.0%

REVENUE & EBITDA (₹ CRORES)

MARGIN TRENDS (%)

From raw financialsto intrinsic value.

FINANCIAL STATEMENTS

DCF VALUATION

SENSITIVITY ANALYSIS — IMPLIED SHARE PRICE

From raw financials
to intrinsic value.