Akar Auto Industries Limited (AAIL.BO) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-234.9%

-₹105.25

vs ₹78.05 price

Levered DCF

₹60.57

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

—

Rating

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	88.12×	16.24×	22.25×	10.49×	9×	-6.98×	-5.51×	8.15×
P/B	1.6×	2.09×	2.75×	1.83×	1.9×	0.77×	0.59×	1.31×
P/S	0.24×	0.28×	0.35×	0.21×	0.24×	0.11×	0.09×	0.16×
EV / EBITDA	8.17×	6.82×	8.86×	6.12×	7.19×	10.79×	10.97×	6.98×
Gross margin	26.3%	26.7%	28.1%	25.4%	28.2%	29.9%	31.5%	24.7%
Operating margin	4.9%	5.8%	5.4%	5.2%	5.8%	2.0%	2.3%	5.4%
Net margin	0.3%	1.7%	1.6%	2.0%	2.7%	-1.6%	-1.6%	2.0%
Current ratio	1.08×	1.11×	1.17×	1.18×	1.26×	1.18×	1.13×	1.19×
Debt / equity	1.82×	1.59×	1.87×	1.64×	2.2×	3.08×	2.32×	2.05×
Interest coverage	1.4×	1.68×	1.72×	1.77×	1.84×	0.44×	0.58×	1.72×
Dividend yield	0.8%	0.6%	0.4%	0.4%	0.0%	0.0%	4.2%	1.7%
Payout ratio	70.2%	10.0%	9.8%	3.9%	0.0%	0.0%	-23.3%	13.7%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	1.8%	12.9%	12.3%	17.4%	21.2%	-11.1%	-10.7%	16.1%
Return on invested capital	2.5%	11.6%	8.7%	13.2%	12.5%	3.1%	4.4%	11.7%
Return on assets	0.4%	2.7%	2.5%	3.7%	4.3%	-1.8%	-2.1%	3.4%
Free cash flow yield	-8.9%	17.6%	-6.3%	22.8%	23.9%	-15.2%	57.0%	-2.7%
Earnings yield	1.1%	6.2%	4.5%	9.5%	11.1%	-14.3%	-18.1%	12.3%
Enterprise value	₹1.7B	₹1.8B	₹2B	₹1.4B	₹1.3B	₹985.1M	₹823.3M	₹1.1B
Net debt / EBITDA	4.29×	2.93×	3.58×	2.86×	3.83×	8.62×	8.72×	4.25×
Cash conversion cycle (days)	70	75	84	72	119	168	119	92