Indicative business value estimator
A quick, sector-benchmarked sanity check for board discussions and term-sheet conversations. Nothing you enter leaves your browser — the calculation runs entirely on this page.
Where this estimate will be wrong
Multiples are a shorthand for a discounted cash flow you have not run. Useful for orientation, dangerous for decisions. Here is where the gap usually opens up.
Your peers are not peers
A listed peer set carries liquidity, scale, governance and diversification your business does not. Applying its multiple without a discount for size and marketability systematically overstates value — often by 20–40%.
EBITDA is not normalised
Promoter remuneration below market, rent paid to a related party, one-off gains, capitalised costs that should have been expensed. A real valuation normalises earnings first; this tool takes your number at face value.
Growth is assumed, not funded
Growth that requires capex or working capital you cannot fund is not value — it is a financing requirement. A DCF captures that; a forward multiple does not.
The cap table redistributes it
With preference shares, liquidation preference and participation rights outstanding, total equity value and the value of an ordinary share are different numbers. Sometimes very different.
The statute may disagree
Rule 11UA, the FEMA pricing guidelines and Ind AS 113 each define the question differently. A multiple-based figure may be irrelevant to the basis of value your filing requires.
Nobody has tested the data
You typed the inputs. A valuation engagement tests them against financial statements, agreements, the cap table and management discussion — and that testing is most of the work.
Want the number that actually holds?
Send us the financials and the purpose. You will have a scope and a fixed fee within one working day.