Alankit Limited (ALANKIT.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

-1145.9%

-₹77.82

vs ₹7.44 price

Levered DCF

-₹97.60

After debt service

Piotroski score

7 / 9

Strong

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	9.74×	19.88×	19.06×	-3.53×	82.81×	22.97×	10.92×	31.99×
P/B	0.59×	1.33×	1.49×	0.74×	1.42×	2.4×	1.75×	6.1×
P/S	0.54×	1.31×	1.74×	0.38×	1.48×	1.97×	0.98×	3.44×
EV / EBITDA	3.79×	8.33×	10.36×	-4.15×	10.55×	11.41×	5.32×	15.57×
Gross margin	23.5%	30.9%	46.0%	19.9%	38.4%	23.9%	41.1%	55.1%
Operating margin	-1.3%	7.4%	7.8%	1.7%	3.6%	11.6%	12.0%	12.7%
Net margin	5.6%	6.6%	9.1%	-10.8%	1.8%	8.6%	8.9%	10.7%
Current ratio	1.96×	2.16×	1.16×	2.09×	1.37×	2.46×	2.13×	2×
Debt / equity	0.06×	0.04×	0.16×	0.08×	0.16×	0.15×	0.15×	0.19×
Interest coverage	-1.56×	5.84×	6.18×	3.28×	2.95×	7.74×	5.42×	6.95×
Dividend yield	0.0%	0.0%	0.0%	2.4%	1.5%	1.3%	0.0%	0.8%
Payout ratio	0.0%	0.0%	0.0%	-8.5%	121.3%	29.0%	0.0%	24.6%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	6.0%	6.7%	7.8%	-21.0%	1.8%	10.5%	15.9%	19.0%
Return on invested capital	-1.1%	4.6%	4.4%	2.8%	1.2%	7.6%	9.1%	9.5%
Return on assets	4.1%	4.7%	4.1%	-11.2%	0.9%	6.0%	8.1%	10.0%
Free cash flow yield	0.0%	1.3%	-17.2%	-64.1%	-13.9%	-3.0%	-8.1%	-0.6%
Earnings yield	10.3%	5.0%	5.2%	-28.3%	1.2%	4.4%	9.1%	3.1%
Enterprise value	₹1.5B	₹3.8B	₹3.9B	₹1.2B	₹1.9B	₹2.4B	₹1.6B	₹4.4B
Net debt / EBITDA	-0.96×	-0.41×	-0.56×	0.07×	0.3×	0.46×	0.08×	-0.18×
Cash conversion cycle (days)	119	63	41	82	85	81	60	28