Abhinav Leasing and Finance Limited (ALFL.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

-670.8%

-₹6.28

vs ₹1.10 price

Levered DCF

-₹5.60

After debt service

Piotroski score

2 / 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	9.85×	32.39×	59.12×	87.63×	215.75×	44.51×	364.52×	-571.43×
P/B	0.95×	1.23×	1.71×	1.52×	2.44×	0.69×	1.02×	1.44×
P/S	0.99×	0.19×	0.3×	0.2×	0.44×	0.05×	0.19×	1.27×
EV / EBITDA	47.41×	43.25×	115.47×	221.72×	104.83×	43.06×	171.17×	329.02×
Gross margin	25.1%	3.3%	1.2%	94.7%	1.0%	0.3%	100.0%	3.4%
Operating margin	14.0%	0.3%	95.3%	0.2%	98.9%	0.1%	99.9%	92.2%
Net margin	10.2%	0.6%	0.7%	0.2%	0.2%	0.1%	0.1%	-0.2%
Current ratio	2.3×	5.44×	1.15×	0.34×	0.21×	0×	1.37×	1.49×
Debt / equity	5.64×	0.04×	1.45×	5.36×	0×	0×	0×	0×
Interest coverage	0×	0×	5,370.81×	10.32×	2,419×	915.12×	0×	837.86×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	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	9.8%	3.8%	4.2%	1.7%	1.1%	1.5%	0.3%	-0.3%
Return on invested capital	1.5%	0.3%	62.8%	0.3%	401.9%	0.5%	358.3%	-204.2%
Return on assets	1.5%	0.7%	0.6%	0.2%	0.2%	0.6%	0.2%	-0.1%
Free cash flow yield	22.3%	100.2%	-181.0%	-83.1%	137.9%	193.7%	4.7%	2.2%
Earnings yield	10.3%	3.1%	2.5%	1.1%	0.5%	2.3%	0.3%	-0.2%
Enterprise value	₹441.7M	₹71.5M	₹171M	₹381.9M	₹129.9M	₹31.2M	₹51.1M	₹77.6M
Net debt / EBITDA	40.52×	-1.82×	47.77×	172.39×	-5.7×	-10.1×	-18.14×	-10.07×
Cash conversion cycle (days)	16	8	92	73	76	6	56	609