A. K. Capital Services Limited (AKCAPIT.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

+875.1%

₹17,336.57

vs ₹1,778.00 price

Levered DCF

-₹14,528.47

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

—

Rating

B-

Overall 3 / 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	9.01×	8.03×	6.7×	3.24×	3.52×	2.79×	2.36×	3.14×
P/B	0.95×	0.7×	0.67×	0.34×	0.38×	0.3×	0.2×	0.38×
P/S	1.74×	1.41×	1.18×	0.73×	0.93×	0.73×	0.38×	0.54×
EV / EBITDA	24.65×	14.35×	10.29×	9.5×	10.59×	8.22×	4.82×	8.28×
Gross margin	49.1%	77.8%	77.4%	75.6%	65.7%	76.4%	81.2%	87.6%
Operating margin	26.9%	68.3%	77.2%	63.6%	62.0%	65.7%	57.2%	59.0%
Net margin	19.3%	17.5%	17.7%	22.4%	26.4%	26.3%	16.2%	17.2%
Current ratio	10.21×	0.63×	3.69×	0.67×	0.54×	0.7×	8.71×	61.7×
Debt / equity	2.95×	4.41×	3.02×	2.59×	2.45×	2.04×	1.44×	3.21×
Interest coverage	0×	1.48×	2.05×	1.89×	2.09×	2.25×	1.56×	1.6×
Dividend yield	3.6%	3.5%	1.9%	2.9%	2.2%	2.5%	13.7%	2.8%
Payout ratio	32.6%	28.4%	12.7%	9.5%	7.7%	7.0%	32.3%	8.9%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	10.5%	8.7%	10.0%	10.4%	10.8%	10.9%	8.3%	12.2%
Return on invested capital	1.8%	6.2%	4.5%	6.1%	5.3%	6.7%	9.2%	6.0%
Return on assets	2.6%	2.0%	2.4%	2.8%	3.0%	3.4%	3.2%	2.8%
Free cash flow yield	-11.6%	-70.5%	53.7%	13.6%	-42.5%	-44.0%	800.5%	10.8%
Earnings yield	11.1%	12.4%	14.9%	30.9%	28.4%	35.8%	42.4%	31.9%
Enterprise value	₹40.2B	₹49.3B	₹33.6B	₹24.3B	₹21.1B	₹15.8B	₹9.1B	₹20.9B
Net debt / EBITDA	18.55×	12.37×	8.41×	8.39×	9.14×	7.14×	4.18×	7.39×
Cash conversion cycle (days)	-0	-11	408	2,584	1,488	426	2,493	6,199