Ambar Protein Industries Limited (AMBARPIL.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

+81.5%

₹342.94

vs ₹189.00 price

Levered DCF

₹143.27

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

—

Rating

Overall 3 / 5

Ratios by fiscal year

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

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	12.12×	11.76×	26.24×	43.57×	3.83×	3.19×	8.82×	5.41×
P/B	2.04×	3.27×	3.29×	5.59×	0.89×	0.75×	0.98×	1.11×
P/S	0.17×	0.27×	0.24×	0.36×	0.05×	0.04×	0.04×	0.05×
EV / EBITDA	9.15×	8.36×	13.9×	19.53×	4.99×	4.59×	6.01×	9.27×
Gross margin	3.8%	6.1%	5.4%	4.6%	5.2%	4.3%	4.1%	4.1%
Operating margin	2.1%	5.4%	4.7%	1.9%	2.5%	3.9%	1.7%	1.6%
Net margin	1.4%	2.3%	0.9%	0.8%	1.3%	1.1%	0.4%	0.9%
Current ratio	1.57×	1.45×	1.21×	1.19×	1.11×	1×	0.88×	0.86×
Debt / equity	0.62×	0.75×	1.02×	1.36×	1.76×	1.94×	2.53×	2.62×
Interest coverage	5.24×	10.69×	0×	0×	0×	0×	0×	0×
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	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	16.8%	27.8%	12.5%	12.8%	23.3%	23.5%	11.1%	20.4%
Return on invested capital	11.4%	27.0%	22.8%	8.4%	11.7%	23.2%	5.3%	7.0%
Return on assets	8.6%	13.7%	5.1%	4.5%	6.9%	6.9%	2.5%	3.8%
Free cash flow yield	-0.7%	0.9%	7.6%	4.4%	-18.8%	2.4%	15.5%	-86.1%
Earnings yield	8.3%	8.5%	3.8%	2.3%	26.1%	31.3%	11.3%	18.5%
Enterprise value	₹1.1B	₹1.4B	₹1.1B	₹1.5B	₹491.9M	₹379.1M	₹363.6M	₹359.1M
Net debt / EBITDA	2.05×	1.5×	3.17×	3.7×	3.26×	3.26×	4.19×	6.42×
Cash conversion cycle (days)	30	33	30	30	32	21	19	28