Alphalogic Industries Ltd. (ALPHAIND.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

-297.4%

-₹258.61

vs ₹131.00 price

Levered DCF

-₹71.30

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

7.51

Safe zone

Rating

—

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
P/E	33.84×	42.44×	80.91×	82.84×	593.67×	2,187.96×
P/B	6.37×	5.65×	9.99×	41.85×	212.34×	992.18×
P/S	4.04×	1.99×	4.01×	10.07×	23.14×	56.3×
EV / EBITDA	32.08×	28.5×	68.6×	54.39×	249.52×	1,049.74×
Gross margin	14.8%	7.8%	10.0%	22.5%	10.5%	7.6%
Operating margin	12.0%	4.9%	6.9%	17.2%	9.2%	5.4%
Net margin	12.0%	4.7%	4.9%	12.2%	3.9%	2.6%
Current ratio	3.66×	5.24×	2.68×	1.03×	0.53×	0.02×
Debt / equity	0.04×	0.04×	0.08×	0.86×	1.97×	3.05×
Interest coverage	19×	8.82×	11.8×	8×	2.31×	2.79×
Dividend yield	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%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
Return on equity	18.8%	13.3%	12.3%	50.6%	35.7%	45.3%
Return on invested capital	13.6%	10.0%	11.9%	28.9%	21.1%	17.4%
Return on assets	15.2%	10.9%	9.2%	23.9%	8.2%	10.8%
Free cash flow yield	3.0%	2.8%	-1.7%	-1.2%	-0.2%	0.1%
Earnings yield	3.0%	2.4%	1.2%	1.2%	0.2%	0.0%
Enterprise value	₹1.8B	₹1.3B	₹1.9B	₹1.9B	₹1.8B	₹1.8B
Net debt / EBITDA	0.2×	0.17×	0.57×	1.09×	2.28×	3.21×
Cash conversion cycle (days)	163	96	102	149	19	1