Addi Industries Limited (ADDIND.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

+187.0%

₹206.62

vs ₹72.00 price

Levered DCF

₹121.95

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

—

Rating

B-

Overall 2 / 5

Ratios by fiscal year

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

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	44.7×	16.19×	13.14×	1.87×	0.89×	4.24×	-10.44×	-13.79×
P/B	1.29×	0.66×	0.79×	0.43×	0.58×	0.25×	0.41×	0.45×
P/S	20.63×	0×	0×	0×	0×	0×	0×	17.04×
EV / EBITDA	22.04×	11.79×	9.43×	1.48×	-12.72×	-7.2×	-8.39×	-9.21×
Gross margin	-19.6%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	-122.5%
Operating margin	-37.6%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	-210.1%
Net margin	46.1%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	-123.8%
Current ratio	13.24×	107.73×	250.77×	340.87×	28.07×	1.01×	40.19×	21.6×
Debt / equity	0×	0×	0×	0×	0×	0×	0×	0×
Interest coverage	-4.86×	-78.74×	-134.7×	-72.93×	0×	0×	0×	0×
Dividend yield	0.0%	2.6%	2.2%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.7%	41.6%	28.9%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	2.9%	4.1%	6.0%	23.0%	65.6%	5.8%	-4.0%	-3.3%
Return on invested capital	-1.8%	-1.2%	-1.0%	-1.1%	-4.2%	15.1%	-8.3%	-5.5%
Return on assets	2.8%	4.1%	6.0%	22.8%	63.5%	3.8%	-3.9%	-3.2%
Free cash flow yield	0.2%	3.6%	-14.4%	-13.8%	-28.1%	67.5%	20.5%	-10.2%
Earnings yield	2.2%	6.2%	7.6%	53.5%	112.3%	23.6%	-9.6%	-7.3%
Enterprise value	₹795.3M	₹525.5M	₹610.7M	₹317.9M	₹331M	₹47.6M	₹53.1M	₹83.9M
Net debt / EBITDA	-7.23×	-0.02×	-0.03×	-0×	0.08×	0.14×	3.73×	0.27×
Cash conversion cycle (days)	117	-237	-251	-6,081	-620	-222	-175	792