The Discounted Cash Flow (DCF) valuation of Dynacons Systems and Solutions Ltd (DSSL.NS) is 794.83 INR. With the latest stock price at 1,189.20 INR, the upside of Dynacons Systems and Solutions Ltd based on DCF is -33.2%.

Is DSSL.NS a buy or a sell?

Based on the latest price of 1,189.20 INR and our DCF valuation, Dynacons Systems and Solutions Ltd (DSSL.NS) is a sell. Selling DSSL.NS stocks now will result in a potential gain of 33.2%.

	Range	Selected
WACC / Discount Rate	11.8% - 20.1%	16.0%
Long-term Growth Rate	1.0% - 3.0%	2.0%
Fair Price	574.65 - 1,270.77	794.83
Upside	-51.7% - 6.9%	-33.2%

1,189.20 INR

Stock Price

794.83 INR

Fair Price

REVENUE & EXPENSES

CAPEX

D&A

WORKING CAPITAL

TERMINAL VALUE

DSSL.NS DCF Valuation: Revenue & Expenses Forecast

(INR in millions)		Projections

	03-2024	03-2025	03-2026	03-2027	03-2028	03-2029

Revenue	10,245	12,366	14,637	17,187	19,183	21,280
% Growth	27%	21%	18%	17%	12%	11%

Cost of goods sold	(8,958)	(10,597)	(12,292)	(14,145)	(15,472)	(16,820)
% of Revenue	87%	86%	84%	82%	81%	79%

Selling, G&A expenses	(500)	(603)	(714)	(839)	(936)	(1,038)
% of Revenue	5%	5%	5%	5%	5%	5%

Research & Development	0	0	0	0	0	0
% of Revenue	0%	0%	0%	0%	0%	0%

Net interest & other expenses	(66)	(80)	(94)	(111)	(123)	(137)
% of Revenue	1%	1%	1%	1%	1%	1%

Tax expense	(182)	(275)	(389)	(530)	(671)	(832)
Tax rate	25%	25%	25%	25%	25%	25%

Net profit	538	811	1,147	1,563	1,980	2,453
% Margin	5%	7%	8%	9%	10%	12%