Acknit Industries Limited (ACKNIT.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

-84.4%

₹48.39

vs ₹310.65 price

Levered DCF

-₹645.93

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

2.65

Grey zone

Rating

C-

Overall 1 / 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	10×	7.78×	8.31×	4.69×	5.17×	4.76×	3.01×	5.94×
P/B	0.86×	0.8×	0.9×	0.6×	0.66×	0.51×	0.27×	0.62×
P/S	0.34×	0.29×	0.33×	0.18×	0.2×	0.17×	0.08×	0.17×
EV / EBITDA	8.45×	6.99×	7.7×	4.66×	6.06×	5.39×	4.59×	6.3×
Gross margin	15.4%	15.4%	9.3%	9.1%	39.0%	35.1%	40.8%	33.8%
Operating margin	6.0%	6.1%	2.7%	37.4%	0.8%	40.5%	0.7%	-1.8%
Net margin	3.4%	3.7%	4.0%	3.9%	3.9%	3.6%	2.7%	2.9%
Current ratio	1.71×	1.57×	1.53×	1.56×	1.34×	1.46×	1.37×	1.39×
Debt / equity	0.74×	0.67×	0.74×	0.61×	1.01×	0.83×	0.97×	1.3×
Interest coverage	3.72×	4.98×	2.42×	27.66×	0.55×	19.22×	0.23×	-0.53×
Dividend yield	0.6%	0.7%	0.7%	1.1%	1.1%	1.7%	4.2%	2.0%
Payout ratio	5.6%	5.1%	5.4%	5.1%	5.7%	8.0%	12.7%	12.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	8.6%	10.3%	10.9%	12.8%	12.9%	10.8%	9.0%	10.4%
Return on invested capital	6.4%	7.3%	3.1%	55.2%	0.9%	47.8%	0.9%	-2.1%
Return on assets	4.3%	5.3%	5.5%	6.8%	5.4%	4.9%	3.7%	3.8%
Free cash flow yield	-15.0%	0.1%	-18.4%	52.8%	-34.3%	12.5%	120.2%	2.3%
Earnings yield	10.0%	12.9%	12.0%	21.3%	19.3%	21.0%	33.2%	16.8%
Enterprise value	₹1.5B	₹1.3B	₹1.3B	₹849.9M	₹1B	₹726.3M	₹596.9M	₹854.7M
Net debt / EBITDA	3.9×	3.18×	3.46×	2.34×	3.64×	3.33×	3.58×	4.25×
Cash conversion cycle (days)	199	170	179	158	212	183	202	193