The Discounted Cash Flow (DCF) valuation of Kellton Tech Solutions Ltd (KELLTONTEC.NS) is 56.89 INR. With the latest stock price at 116.95 INR, the upside of Kellton Tech Solutions Ltd based on DCF is -51.4%.

Is KELLTONTEC.NS a buy or a sell?

Based on the latest price of 116.95 INR and our DCF valuation, Kellton Tech Solutions Ltd (KELLTONTEC.NS) is a sell. Selling KELLTONTEC.NS stocks now will result in a potential gain of 51.4%.

	Range	Selected
WACC / Discount Rate	11.0% - 16.1%	13.6%
Long-term Growth Rate	3.0% - 5.0%	4.0%
Fair Price	39.78 - 94.15	56.89
Upside	-66.0% - -19.5%	-51.4%

116.95 INR

Stock Price

56.89 INR

Fair Price

REVENUE & EXPENSES

CAPEX

D&A

WORKING CAPITAL

TERMINAL VALUE

KELLTONTEC.NS DCF Valuation: Revenue & Expenses Forecast

(INR in millions)		Projections

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

Revenue	9,829	10,624	11,426	11,783	12,432	12,873
% Growth	7%	8%	8%	3%	6%	4%

Cost of goods sold	0	0	0	0	0	0
% of Revenue	0%	0%	0%	0%	0%	0%

Selling, G&A expenses	(8,651)	(9,350)	(10,057)	(10,371)	(10,942)	(11,330)
% of Revenue	88%	88%	88%	88%	88%	88%

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

Net interest & other expenses	(459)	(496)	(534)	(550)	(581)	(601)
% of Revenue	5%	5%	5%	5%	5%	5%

Tax expense	(79)	(121)	(130)	(134)	(142)	(147)
Tax rate	11%	16%	16%	16%	16%	16%

Net profit	640	656	706	728	768	795
% Margin	7%	6%	6%	6%	6%	6%