Albert David Limited (ALBERTDAVD.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

-34.8%

₹503.08

vs ₹771.10 price

Levered DCF

-₹57.91

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

—

Rating

C+

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	-224.06×	27.53×	8.51×	8.09×	8.59×	9.71×	9.48×	8.86×
P/B	0.86×	1.21×	1.68×	0.94×	1.08×	0.88×	0.82×	1.12×
P/S	1×	1.37×	1.78×	0.86×	0.97×	0.87×	0.57×	0.75×
EV / EBITDA	25.69×	159.99×	6.12×	4.95×	5.39×	5.8×	4.72×	6.25×
Gross margin	32.2%	66.4%	64.4%	64.0%	62.4%	64.3%	66.1%	64.9%
Operating margin	-1.3%	34.8%	12.0%	11.5%	11.0%	5.3%	8.2%	7.3%
Net margin	-0.4%	5.0%	20.9%	10.6%	11.3%	9.0%	6.0%	8.5%
Current ratio	3.24×	3.4×	3.75×	3.07×	2.36×	2.77×	2.48×	2.69×
Debt / equity	0.08×	0.03×	0.01×	0.02×	0.02×	0.01×	0.01×	0×
Interest coverage	-1.63×	293.52×	99.97×	67.03×	51.3×	16.54×	26.55×	26.44×
Dividend yield	0.9%	1.4%	0.8%	1.8%	1.1%	0.0%	4.9%	1.6%
Payout ratio	-191.6%	38.1%	6.9%	14.2%	9.7%	0.2%	46.3%	14.1%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	-0.4%	4.4%	19.7%	11.6%	12.6%	9.1%	8.6%	12.7%
Return on invested capital	2.8%	19.6%	8.3%	8.5%	8.6%	4.0%	7.3%	6.3%
Return on assets	-0.3%	3.4%	15.1%	8.5%	8.8%	6.5%	6.0%	9.0%
Free cash flow yield	-10.5%	-9.1%	5.4%	1.8%	9.7%	16.3%	8.1%	12.7%
Earnings yield	-0.4%	3.6%	11.8%	12.4%	11.6%	10.3%	10.5%	11.3%
Enterprise value	₹3.3B	₹4.8B	₹6.4B	₹3B	₹3.1B	₹2.1B	₹1.8B	₹2.3B
Net debt / EBITDA	-0.24×	3.51×	-0.02×	0.06×	0.06×	-0.09×	-0.12×	-0.17×
Cash conversion cycle (days)	81	118	63	95	65	96	67	90