Advik Capital Limited (ADVIKCA.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

-376.1%

-₹2.21

vs ₹0.80 price

Levered DCF

-₹2.28

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

0.89

Distress zone

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	-4.53×	10.31×	12.4×	8.44×	35.3×	73.75×	47.47×	61.73×
P/B	0.69×	0.51×	0.7×	1.34×	1.74×	0.6×	0.44×	0.63×
P/S	34.41×	2.87×	0.09×	0.13×	0.36×	0.89×	0.7×	1.62×
EV / EBITDA	-15.67×	10.64×	15.43×	9.3×	21.83×	17.13×	15.35×	16.9×
Gross margin	99.8%	99.6%	1.5%	2.7%	17.0%	20.4%	19.0%	20.5%
Operating margin	66.5%	96.5%	1.1%	3.2%	15.3%	16.6%	4.2%	5.5%
Net margin	-765.7%	28.7%	0.7%	1.5%	1.0%	1.2%	1.5%	2.6%
Current ratio	49.83×	43.36×	8.36×	2.17×	3.62×	5.2×	8.61×	17.68×
Debt / equity	1.01×	0.93×	0.7×	1.28×	0.49×	0.31×	0.21×	0.08×
Interest coverage	2.57×	47.05×	15.34×	857.88×	677.46×	94.61×	10.12×	33.68×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	-15.4%	5.1%	5.6%	16.0%	4.9%	0.8%	0.9%	1.0%
Return on invested capital	0.6%	4.5%	3.5%	12.3%	33.3%	5.8%	1.5%	1.3%
Return on assets	-7.3%	2.5%	3.1%	6.6%	2.8%	0.5%	0.7%	0.9%
Free cash flow yield	36.4%	-137.3%	-68.0%	-112.7%	-10.2%	-7.5%	-25.8%	4.5%
Earnings yield	-22.3%	10.0%	8.1%	11.9%	2.8%	1.3%	2.1%	1.6%
Enterprise value	₹2.3B	₹2.4B	₹1.6B	₹1.5B	₹211M	₹83.1M	₹75.7M	₹82.9M
Net debt / EBITDA	-9.01×	6.85×	7.67×	4.5×	4.58×	5.64×	4.79×	1.95×
Cash conversion cycle (days)	-15,565	-322	6	2	37	249	501	707