AKG Exim Limited (AKG.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

-32.8%

₹6.17

vs ₹9.18 price

Levered DCF

-₹4.60

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

—

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	83.91×	47.63×	38.43×	38.83×	9.08×	50.78×	100.78×	100.78×
P/B	0.57×	0.77×	1.18×	1.96×	0.76×	3.34×	5.51×	5.83×
P/S	0.35×	0.31×	0.34×	0.45×	0.09×	0.67×	1.63×	0.92×
EV / EBITDA	27.03×	22.75×	21.56×	26.53×	7.8×	28.34×	31.59×	38.33×
Gross margin	6.9%	5.7%	7.1%	6.7%	6.3%	6.2%	10.0%	15.2%
Operating margin	0.1%	1.4%	1.6%	1.9%	3.8%	2.8%	0.1%	4.5%
Net margin	0.4%	0.6%	0.9%	1.2%	1.0%	1.3%	1.6%	0.9%
Current ratio	7.68×	3.02×	2.92×	3.31×	1.99×	2.43×	2.75×	1.26×
Debt / equity	0.11×	0.21×	0.27×	0.24×	0.55×	0.48×	0.51×	1.58×
Interest coverage	0.17×	1.76×	2.35×	3.41×	7.34×	3.08×	0.03×	3.31×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	3.9%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	393.1%	0.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	0.7%	1.6%	3.1%	5.0%	8.4%	6.5%	5.5%	5.8%
Return on invested capital	0.2%	2.3%	3.4%	5.5%	15.6%	7.1%	0.1%	7.8%
Return on assets	0.6%	1.1%	2.0%	3.5%	4.3%	3.8%	3.5%	1.9%
Free cash flow yield	10.7%	0.7%	-7.9%	-18.6%	-5.1%	-3.7%	10.0%	0.1%
Earnings yield	1.2%	2.1%	2.6%	2.6%	11.0%	1.9%	1.0%	1.0%
Enterprise value	₹362.6M	₹511.9M	₹734.8M	₹1.1B	₹280.6M	₹804M	₹1.2B	₹1.4B
Net debt / EBITDA	4.29×	4.59×	3.29×	2.8×	2.91×	3.51×	2.06×	8.14×
Cash conversion cycle (days)	61	76	68	79	57	82	121	115