How do I calculate the value of my business?

The value of your business can be calculated using various business valuation approaches such as income-based approaches, market-based approaches, and asset-based approaches. The selection of the valuation method depends on the purpose and nature of the business.

Which multiples are used for valuing startups?

Different multiples can be used for startup valuation such as revenue multiples, EBITDA multiples, and user or customer base multiples. A startup's valuation multiple depends on the industry it operates in, the industry outlook, and expected growth potential.

Why is a business valuation needed?

Business valuation helps determine a company's financial health and market position. It is useful for selling a business, mergers and acquisitions, fundraising, taxation, financial reporting, and strategic planning.

What is the best method of business valuation?

There are several methods of business valuation. Choosing the right method depends on the business's nature and objectives. Common methods include Market Capitalization, Times Revenue Method, Earnings Multiplier, Discounted Cash Flow (DCF) Method, Book Value Method, and Liquidation Value Method.

What is the best method for startup valuation?

Popular startup valuation methods include the Scorecard Valuation Method, Venture Capital Method, Berkus Method, Book Value Method, Comparable Transactions Method, Risk Factor Summation Method, Discounted Cash Flow Method, and Cost-to-Duplicate Method.

Who needs a business valuation?

Business valuations are important for business owners, investors, buyers, lenders, legal entities, and management teams involved in transactions, compliance, or strategic decision-making.

How does VC valuation work?

Venture capital valuation helps determine a startup's pre-money valuation and assess its growth potential. The process typically involves estimating the expected exit value, post-money valuation, and adjusting for investment risk, time horizon, and expected returns.

What factors do we consider while doing business valuation?

Business valuation typically considers financial performance, historical and projected cash flows, market conditions, industry trends, competitive position, management quality, and growth prospects.

How much revenue is a business worth?

The value of a business may be estimated using revenue multiples, which vary by industry, profitability, growth rate, market conditions, and risk factors. There is no single revenue multiple applicable to all businesses.

Who can offer valuation services?

Valuation services in India are typically provided by Registered Valuers under the Companies Act, 2013, Merchant Bankers for specific Income Tax Act requirements, and other qualified valuation professionals depending on the purpose of the valuation.

Business Valuation Services in India

Know What Your Business Is Truly Worth, with Clarity and Confidence

In today's regulatory and transaction environment, valuation is more than a number. It is a decision that shapes fundraising, deals, and compliance outcomes. At My Valuation, we deliver independent, defensible, and audit-ready valuation reports built to withstand scrutiny from SEBI, NCLT, IBBI, RBI, and Tax Authorities, so you can move forward with full confidence.

Get a Free Consultation

Connect on WhatsApp

Certified Business Valuation Experts

Mergers & Acquisitions Support

Income Tax Compliance Support

End to End Advisory Support

Business Valuation Experts in India

My Valuation is a specialist financial advisory firm with offices in Ahmedabad and Bangalore, advising businesses on independent valuation at the intersection of finance, compliance, and corporate strategy.

Business valuation is not a spreadsheet exercise. It demands a deep understanding of future cash flows, risk assessment, control and minority rights, market dynamics, and regulatory context. Our firm, led by CA Parth Shah (IBBI Registered Valuer under Section 247 of the Companies Act, 2013), brings technical depth and institutional discipline to assignments where valuation outcomes directly influence taxation, transactions, fundraising, and strategic decisions.

We act as an independent valuation authority, delivering objective and defensible opinions relied upon by founders, boards, investors, auditors, regulators, and tax authorities.

Our Specialized Business Valuation Solutions

We provide end-to-end valuation support tailored to the specific lifecycle of your business:

Regulatory Valuation

Determining Fair Market Value (FMV) for compliance with the Companies Act, 2013, the Income Tax Act (Rule 11UA) & FEMA regulations.

Transaction Advisory

Calculating precise swap ratios for mergers and demergers, and setting the floor price for slump sales, acquisitions, and business conversions.

Startup & Fundraising

Justifying share premiums for angel and VC rounds using DCF projections or relative valuation approaches.

Financial Reporting

Fair value measurement of investments, ESOPs, and intangible assets under Ind AS 113 and Ind AS 36 (Impairment Testing).

Dispute Resolution

Providing objective, independent valuation benchmarks for shareholder disputes, family settlements, and arbitration proceedings.

Insolvency & Distressed Assets

Determining Liquidation Value versus Fair Value for assets under the IBC Code, 2016 to assist Resolution Professionals.

Complex Financial Instruments & Derivatives Valuation

Traditional business valuation works for simple equity structures, but new-age companies frequently issue hybrid and complex instruments. We specialize in valuing these using robust financial models and regulator-compliant methodologies.

Convertible Instruments

Valuation of Compulsorily Convertible Preference Shares (CCPS) and Optionally Convertible Debentures (OCDs) commonly used in PE and VC deal structures.
Sweat Equity & Phantom Stock

Determining the fair value of non-cash equity compensation issued to directors and key employees.

Derivatives & Options

Valuing futures, swaps, and embedded derivatives using globally accepted techniques like the Black-Scholes-Merton Model and Binomial Lattice Models.
Hybrid Securities

Assessing instruments with both debt and equity characteristics to ensure correct classification and measurement on the balance sheet.

Fairness Opinions & Board Advisory

In high-stakes transactions, boards and independent directors must demonstrate fiduciary care. We provide Fairness Opinions, an independent certification that the financial terms of a proposed transaction are fair to shareholders.

Independent Validation

We act as a neutral third party to validate transaction pricing in mergers, acquisitions, and related party transactions (RPTs).
Related Party Scrutiny

We ensure intra-group transactions are conducted at arm's length pricing, satisfying audit committee requirements.

Litigation Protection

Our detailed fairness opinions serve as a safeguard for directors against shareholder claims of undervaluation.
Minority Shareholder Assurance:

We provide objective assessments confirming that minority shareholder interests are protected during schemes of arrangement.

Financial Modeling & Deal Support Services

A valuation is only as strong as the model behind it. We offer standalone financial modeling services to support internal decision-making and fundraising:

3-Statement Model Build: Fully linked financial models (P&L, Balance Sheet, Cash Flow) tailored to your business drivers for fundraising or planning.
Model Review & Audit: We review client-prepared models to catch logical errors, formula inconsistencies, and aggressive assumptions before they reach investors.
Pitch Deck Support: We help founders craft the valuation slide of their pitch decks, ensuring the ask is grounded in defensible financial logic.
Scenario Analysis: Dynamic models that test Best Case, Base Case, and Worst Case scenarios to understand cash flow risks.

Valuation Methods for Every Stage

A startup with just an idea cannot be valued the same way as a company with Rs 10 Cr revenue. We adapt our method to your data:

Idea Stage (Pre-Revenue)

We use qualitative models like the Scorecard Method or Berkus Method, assigning value to team strength, prototype readiness, and market size.

Growth Stage (Post-Revenue)

We use the Discounted Cash Flow (DCF) method, projecting your future revenue and cash burn to calculate what the business is worth today.

Market Comparison

We benchmark your startup against similar companies recently funded or acquired, for example comparing your SaaS multiples with other SaaS firms.

Cost to Build

For tech platforms, we calculate how much it would cost a competitor to recreate your software, user base, intellectual property, technology infrastructure, and operational foundation from scratch.

Hear Directly from Our Clients

What is a Business Valuation?

Business valuation is the process of determining the fair value of a business based on its financial performance, future earning potential, market position, and associated risks. Rather than relying only on historical book values, it focuses on what the business is truly worth today, accounting for both current operations and future growth prospects.

A business's value is not limited to physical assets like land or machinery. Intangible factors such as brand reputation, customer relationships, intellectual property, and management strength play a critical role in value creation. Business valuation combines financial analysis with professional judgment to arrive at a reliable, transparent, and defensible estimate of a company's worth.

Get Expert Business Valuation Support

Don't let valuation uncertainty delay your transaction. Partner with My Valuation for precise, compliant, and defensible advice.

Schedule Your Free Consultation

When Do You Need Business Valuation?

Formal valuation is triggered by specific transaction events, regulatory mandates, or strategic needs:

Raising Capital

When issuing new shares, you must justify the share price to regulatory authorities to avoid penalties and tax implications.
Regulatory Filings

Mandatory submissions to NCLT, ROC, SEBI, or RBI (for FDI) often require a report from a Registered Valuer.

Mergers & Acquisitions (M&A)

To scientifically calculate the swap ratio and ensure equitable value for shareholders of both merging entities.
Restructuring

Essential for mergers, demergers, spin-offs, conversions, or slump sales to allocate value correctly between entities.

Selling a Business

To establish a defensible floor price for negotiations, so you do not leave money on the table.
Annual Financial Reporting

For mandatory impairment testing of goodwill and investments under Ind AS 36 requirements.

Who Needs Business Valuation Services?

Our advisory services are designed for key stakeholders across the corporate ecosystem:

CFOs of Listed & Private Companies

Startup Founders

Insolvency Professionals

Investors & Family Offices

Legal Counsels

Banks & Financial Institutions

Key Benefits of Professional Business Valuation

Engaging a specialized Registered Valuer provides strategic advantages well beyond simple compliance:

Audit-Readiness

Our reports are built to withstand the scrutiny of auditors and tax officers, minimizing queries and delays.

Tax Efficiency

Properly valuing assets, especially intangibles, can unlock amortization benefits and reduce regulatory challenges.

Unlock Hidden Capital

Convert invisible assets like brands and IP into collateral for secured loans.

Litigation Defense

A robust valuation report acts as a shield against claims of undervaluation, overvaluation, or tax evasion.

Deal Confidence

A data-backed valuation range strengthens your negotiating position with counterparties.

Smoother Due Diligence

A professional report accelerates investor due diligence by proactively addressing financial questions.

Regulatory Compliance for Business Valuation (Ind AS, Tax & IBC)

We navigate the complex web of Indian statutes to ensure your valuation is compliant across all jurisdictions:

Companies Act, 2013

Compliance with Section 247 (Registered Valuers) and Section 62 for preferential allotment of shares.

Income Tax Act, 1961

Adherence to Rule 11UA for Fair Market Value and Section 56(2)(x) to prevent adverse tax demands.

FEMA Regulations

Ensuring compliance with RBI pricing guidelines for Foreign Direct Investment (FDI) and cross-border transfers.

IBC Code, 2016

Specialized valuation of distressed assets to determine Liquidation Value under insolvency resolution regulations.

Ind AS Standards

Compliance with Ind AS 113 (Fair Value Measurement) and Ind AS 36 (Impairment of Assets).

SEBI Regulations

Adherence to ICDR and LODR regulations for pricing in preferential issues and listed company mergers.

Valuation Methodologies We Use for Business Valuation

We apply advanced, globally accepted approaches tailored to the nature of your business and the purpose of the valuation:

Income Approach (DCF)

Projects future cash flows to determine intrinsic value. Ideal for startups and high-growth firms where future potential outweighs historical data.

Market Approach (Relative Valuation)

Benchmarks your business against comparable listed peers (CCM) or recent transaction multiples (CTM), using metrics like EV/EBITDA and P/E ratios.

Asset Approach (Cost)

Assesses the replacement cost of the company. Typically used for investment companies, real estate holding firms, and distressed asset sales.

Option Pricing Models

For complex securities like ESOPs and convertible notes, we use Black-Scholes or Binomial models to capture the value of volatility and time.

Our Business Valuation Process

We follow a rigorous five-step workflow to deliver defensible reports that align with your transaction timeline:

01

Requirement Analysis & Scoping

We clarify the valuation objective (M&A, tax, fundraising) and transaction context to ensure the scope meets all regulatory requirements.

02

Discovery & Data Collection

We gather historical financials, future projections, and legal documents, and verify ownership of assets and the economic life of intangibles.

03

Financial Modeling & Analysis

We build detailed models (DCF or Market Multiples) and stress-test key variables like growth rates, margins, and discount factors for robustness.

04

Draft Review & Discussion

We sit with your management team to validate assumptions and discuss the draft analysis, ensuring the report reflects business reality.

05

Final Reporting & Certification

We issue a signed, audit-ready valuation report documenting methodologies, assumptions, and compliance checks for regulator submission.

Start Your Valuation Today

What You Receive: Valuation Report Contents

Our deliverables are comprehensive documents built for external scrutiny and regulatory defense. Every report includes:

Executive Summary

An overview of the business, transaction context, and valuation purpose.

Methodology Rationale

A detailed explanation of why specific methods were chosen and others rejected.

Detailed Valuation Working

Transparent calculations showing the full valuation methodology and workings.

Valuation Standards

Explanation of the applicable valuation standards and frameworks used in the assessment.

Key Assumptions & Caveats

An explicit listing of operational risks and growth assumptions that define the report's legal boundaries.

Sources of Data Log

A transparent record of management inputs, market data, and supporting documents used.

Where Our Expertise Is Applied

Our valuation expertise spans complex, asset-heavy, and high-growth sectors:

Technology, SaaS & Digital Businesses

Valuation of growth-driven companies using DCF, revenue multiples, unit economics, and scalability assumptions.

Healthcare & Life Sciences

Financial Services & NBFCs

Manufacturing & Industrial Businesses

Valuing asset-heavy enterprises using DCF and Net Asset Value, factoring plant efficiency, working capital cycles, and sustainability.

Consumer Brands, Retail & D2C

Holding Companies & Investment Structures

Why Choose My Valuation?

We are uniquely positioned to handle high-stakes valuations across India, combining technical rigor with operational speed.

IBBI Registered Valuer

Led by CA Parth Shah, IBBI Registered Valuer (SFA) under Section 247 of the Companies Act, 2013, ensuring statutory validity on every report.

Combined Accounting & Valuation Depth

We pair deep accounting experience with valuation expertise to address tax, legal, and financial angles simultaneously.

Defensible Reporting

Our reports are written to withstand regulatory scrutiny, minimizing queries from auditors, authorities, and stakeholders.

5–7 Business Day Delivery

Draft reports delivered within 5–7 business days of receiving complete documents. Compliance deadlines are our specialty, not our problem.

Speed & Agility

We deliver preliminary drafts in 5 to 7 business days, well ahead of the industry average, without compromising depth.

Trusted by 500+ Companies
to Raise Over ₹1500 Crore

Request a Call Back

Looking for an independent valuation you can rely on? Our team is available to discuss your requirements and guide you on the right valuation approach.

Frequently Asked Questions (FAQs)

How much does a business valuation cost in India?

The cost depends on the complexity of your business and the purpose of the report. My Valuation offers professional, institutional-quality services at a price point suited to startups and SMEs.