Last updated on October 21st, 2026 at 04:03 pm
Sample Financial Model Excel Templates for Practice, Analysis & Interview Preparation
Looking for a high-quality sample financial model excel file to learn practical modeling? This page gives you downloadable financial model templates across multiple industries including FMCG, aviation, telecom, metals, auto and project finance. Each sample financial model excel is useful for understanding forecasting logic, historical analysis, assumptions, schedules and financial statement structure in a practical format.Practice with structured models built around well-known businesses.
Ideal for financial modeling practice, interview prep and valuation understanding.
Includes FMCG, aviation, telecom, steel, auto and solar project templates.
Open each sample financial model excel file and start learning immediately.
Start with a worked three-statement Excel example
Before opening the company models below, practise with this original beginner example. It connects an income statement, cash flow statement and balance sheet across three forecast years. All amounts are fictional and shown in ₹ thousand.
Download the worked Excel example
- Change the blue inputs. Start with revenue of 1,000, growth of 10%, a gross margin of 40% and operating expenses of 20% of revenue. Opening cash is 100.
- Calculate profit. Year 1 revenue is 1,100 and EBITDA is 220. Deduct depreciation of 30, interest of 10 and tax of 45 to reach net income of 135.
- Explain the cash difference. Receivables increase by 10, inventory by 8 and payables by 6. Operating cash flow is 135 + 30 − 10 − 8 + 6 = 153.
- Link the balance sheet. After capex of 40, closing cash is 213. Total assets and liabilities plus equity both equal 721. The reconciliation rows should display 0.00.
| Result | Base case | Receivables rise to 15% of revenue |
|---|---|---|
| Revenue | 1,100 | 1,100 |
| Net income | 135 | 135 |
| Closing cash | 213 | 158 |
Try it: change cell E12 from 10% to 15%. Profit stays unchanged, but cash falls by 55 because collections are slower. Then reset E12 to 10% and change revenue growth in E5 to 5%: revenue becomes 1,050 and closing cash becomes 211.5. Use the “Start here” sheet for instructions and the model’s simplifications.
For a broader explanation of the steps, read how to build a financial model. If you want instructor-led practice and feedback after completing the exercise, explore our financial modelling course with placement assistance.
This is a teaching model, not a forecast for a listed company. It assumes no new borrowing, principal repayments or dividends. Depreciation is an explicit input; a real company model needs a detailed asset and debt schedule.
Why Use a Sample Financial Model Excel File?
A well-built sample financial model excel helps learners move beyond theory and understand how companies are analyzed in practice. Instead of only reading formulas or memorizing concepts, you can study revenue drivers, margins, depreciation logic, working capital assumptions, debt schedules and forecast structure in a real model format.
Whether you are preparing for equity research, investment banking, FP&A, credit analysis or corporate finance interviews, downloading a sample financial model excel is one of the fastest ways to understand how analysts think. These templates are also useful for students who want to improve Excel comfort, presentation quality and financial statement linkage.
What You Can Learn From These Financial Model Templates
Colgate
This sample financial model excel for Colgate is useful for understanding how stable consumer businesses are modeled, including sales growth, profitability trends and cash-generating business structures.
IndiGo Sample Financial Model Excel
The IndiGo sample financial model excel gives learners exposure to a more dynamic business where fuel cost sensitivity, scale and operating assumptions play a major role in model outcomes.
Bharti Airtel Sample Financial Model Excel
This sample financial model excel helps users understand telecom modeling frameworks, including scale economics, capex-heavy business structures and operating profitability trends.
JSPL Sample Financial Model Excel
The JSPL sample financial model excel is useful for understanding cyclical earnings, operating leverage and how commodity-linked sectors can behave very differently from consumer businesses.
Bajaj Auto Sample Financial Model Excel
This sample financial model excel for Bajaj Auto can help learners understand manufacturing-led business economics, cost structure analysis and model presentation for listed companies.
Solar Town Project Sample Financial Model Excel
This sample financial model excel is ideal for candidates who want to understand project finance mechanics such as assumptions, cash flow timing, funding structure and return-based decision making.
Download the Right Sample Financial Model Excel for Your Learning Goal
If you are searching for the best sample financial model excel file to practice real-world finance skills, this library gives you a strong starting point. You can compare different industries, understand how business models affect forecast structures and see how analysts organize assumptions in Excel. At MentorMeCareers, we believe the fastest way to improve in financial modeling is to learn directly from practical templates and then rebuild them yourself with logic, speed and clarity.
Want to Learn Financial Modeling the Right Way?
Downloading a sample financial model excel is a great start—but companies don’t hire you just for understanding models. They test whether you can actually build a complete financial model under pressure.
At MentorMeCareers, we focus on what actually gets you placed—hands-on training, interview preparation, and real-world financial modeling skills.
Explore Financial Modeling Course →Learners in Pune who want guidance beyond these templates can learn financial analysis through practical projects with structured training in modelling, valuation and interview preparation.
A CFA charterholder with hands-on experience across investment analysis and finance education. At MentorMeCareers, he writes and reviews content on CFA, financial modeling, and investment banking careers — grounded in real market data rather than generic advice, and shaped by what actually helps candidates and professionals succeed.
