Accuracy Shipping Limited (ACCURACY.NS) 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

+44.1%

₹5.71

vs ₹3.96 price

Levered DCF

-₹13.74

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

—

Rating

B-

Overall 3 / 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	13.35×	26.83×	323.33×	24.09×	20.04×	8.62×	11.59×	5.4×
P/B	0.42×	1.04×	1.38×	1.73×	3.35×	0.92×	0.64×	0.63×
P/S	0.08×	0.13×	0.23×	0.23×	0.44×	0.2×	0.14×	0.13×
EV / EBITDA	6.11×	8.15×	11.06×	8.73×	10.14×	5.29×	4.33×	3.79×
Gross margin	5.0%	3.4%	5.3%	3.1%	6.1%	9.1%	6.9%	7.0%
Operating margin	2.5%	1.9%	5.3%	1.0%	4.4%	5.2%	3.8%	3.9%
Net margin	0.6%	0.5%	0.1%	0.9%	2.2%	2.3%	1.2%	2.4%
Current ratio	1.58×	1.37×	1.61×	1.44×	1.63×	2.05×	1.99×	1.74×
Debt / equity	1.22×	1.08×	0.99×	0.99×	1.14×	1.1×	1.06×	0.97×
Interest coverage	1.23×	1.48×	3.19×	0.72×	3.69×	3.2×	1.64×	2.53×
Dividend yield	0.0%	0.0%	0.0%	0.4%	0.1%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	9.2%	2.1%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	3.2%	3.9%	0.4%	7.1%	16.7%	10.7%	5.5%	11.6%
Return on invested capital	4.9%	4.7%	16.0%	2.6%	10.5%	7.9%	6.7%	6.3%
Return on assets	1.2%	1.5%	0.2%	2.9%	6.0%	4.4%	2.3%	4.9%
Free cash flow yield	-41.3%	-5.4%	11.6%	9.6%	-8.6%	4.0%	-20.6%	54.4%
Earnings yield	7.5%	3.7%	0.3%	4.1%	5.0%	11.7%	8.6%	18.4%
Enterprise value	₹1.9B	₹2.5B	₹2.7B	₹3.1B	₹4.8B	₹1.6B	₹1.2B	₹1.1B
Net debt / EBITDA	4.41×	4.11×	4.55×	3.15×	2.55×	2.8×	2.68×	2.27×
Cash conversion cycle (days)	68	44	48	41	44	88	83	82