Authum Investment & Infrastructure Limited (AIIL.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

+666.6%

₹4,002.90

vs ₹522.15 price

Levered DCF

₹2,196.97

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

—

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	7.02×	7.12×	3.67×	3.65×	23.22×	79.71×	-707.02×	-370.48×
P/B	0.92×	2.06×	1.52×	4.6×	4.98×	7.53×	-6,738.51×	282.96×
P/S	5.11×	10.62×	7.02×	36.48×	17.39×	82.91×	-1,022.84×	-387.91×
EV / EBITDA	7.77×	7.01×	3.88×	3.69×	19.7×	66.89×	-825.52×	-380.29×
Gross margin	88.5%	97.8%	97.5%	94.2%	99.3%	98.4%	109.8%	101.4%
Operating margin	82.2%	145.7%	271.3%	339.6%	95.6%	137.2%	125.5%	102.1%
Net margin	72.8%	149.1%	191.3%	998.1%	74.9%	104.0%	145.1%	104.6%
Current ratio	2.62×	38.01×	5.04×	3.48×	4.45×	3.45×	0×	4.54×
Debt / equity	0.24×	0.07×	0.11×	0.51×	0.43×	0.79×	-133.43×	0.18×
Interest coverage	0×	81.27×	94.15×	5.22×	30.37×	8.63×	-6.72×	-40.28×
Dividend yield	0.0%	0.3%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.1%	2.0%	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	13.1%	28.9%	41.4%	126.0%	21.4%	9.5%	955.7%	-76.3%
Return on invested capital	10.4%	25.9%	46.7%	21.8%	18.1%	8.9%	-2.7%	-63.1%
Return on assets	10.1%	26.4%	36.9%	62.4%	16.6%	7.0%	-2.2%	-59.5%
Free cash flow yield	8.7%	0.3%	20.5%	1.5%	1.7%	2.0%	-1.6%	-0.2%
Earnings yield	14.2%	14.0%	27.2%	27.4%	4.3%	1.3%	-0.1%	-0.3%
Enterprise value	₹166.7B	₹308.9B	₹166.6B	₹171.3B	₹168.3B	₹119B	₹110B	₹138.9B
Net debt / EBITDA	1.45×	0.16×	0.22×	0.3×	1.52×	6.29×	-15.99×	-0.24×
Cash conversion cycle (days)	-108	-107	-35	-617	-2,027	-1,263	-6,312	25,053