text: There is no way to answer this because EVA has some assumptions in it - specifically WACC.  You will need to use an estimate for the Cost of Equity (Ke), the pre-tax cost of debt (Kd) and long run capital structure between debt and equity. Values will vary pretty significantly based on your assumptions.  Ke should be somewhere in the high-teens to low twenties and cost of debt should be bootstrapped off the benchmark government long-bond. Unfortunately, I am not sure which one should be used, but I do know that Kd should be relatively high due to high interest rates in India.