Advance Petrochemicals Limited (ADVPETR-B.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

-197.0%

-₹778.05

vs ₹802.25 price

Levered DCF

₹32.83

After debt service

Piotroski score

4 / 9

Average

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	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	377.58×	59.14×	81.02×	13.38×	42.8×	45.44×	171.22×	118.98×
P/B	2.76×	4.43×	4.69×	3.59×	4.91×	5.54×	6.32×	6.56×
P/S	0.24×	0.36×	0.5×	0.34×	0.45×	0.72×	0.91×	0.59×
EV / EBITDA	12.58×	14.56×	13.99×	6.85×	12.54×	16.52×	20.34×	19.03×
Gross margin	24.4%	20.3%	27.7%	31.7%	30.0%	32.8%	24.8%	17.8%
Operating margin	2.4%	1.8%	20.9%	24.8%	23.3%	25.4%	5.5%	12.4%
Net margin	0.1%	0.6%	0.6%	2.5%	1.1%	1.6%	0.5%	0.5%
Current ratio	0.98×	1.02×	1.05×	0.99×	1.07×	1.12×	1.11×	1.14×
Debt / equity	3.48×	2.69×	2.4×	2.04×	2.71×	3.23×	3.32×	3.32×
Interest coverage	1.1×	1.08×	9.54×	12.81×	9.4×	6.34×	0×	0×
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	0.7%	7.5%	5.8%	26.8%	11.5%	12.2%	3.7%	5.5%
Return on invested capital	0.9%	3.8%	39.0%	60.0%	44.8%	33.2%	8.6%	29.1%
Return on assets	0.1%	1.2%	1.0%	6.0%	1.9%	2.2%	0.7%	0.9%
Free cash flow yield	8.8%	-2.2%	0.4%	4.5%	3.9%	0.2%	4.9%	9.7%
Earnings yield	0.3%	1.7%	1.2%	7.5%	2.3%	2.2%	0.6%	0.8%
Enterprise value	₹246.3M	₹280.3M	₹258.3M	₹193.4M	₹191.8M	₹196.3M	₹190.5M	₹186.3M
Net debt / EBITDA	6.85×	5.27×	4.51×	2.38×	4.28×	5.89×	6.85×	6.12×
Cash conversion cycle (days)	58	38	56	54	75	163	183	104