Amco India Limited (AMCOIND.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

+124.7%

₹140.43

vs ₹62.50 price

Levered DCF

-₹63.14

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

3.15

Safe zone

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	74.69×	13.92×	27.44×	36.15×	6.95×	10.06×	7.99×	11.41×
P/B	0.65×	0.69×	0.64×	0.59×	0.82×	0.49×	0.24×	0.31×
P/S	0.21×	0.25×	0.22×	0.14×	0.19×	0.17×	0.08×	0.11×
EV / EBITDA	13.06×	8.01×	9.72×	11.48×	5.63×	7.41×	6.12×	6.25×
Gross margin	4.7%	6.2%	9.2%	1.7%	5.7%	6.3%	9.7%	7.7%
Operating margin	0.1%	1.5%	5.2%	0.9%	4.6%	2.6%	4.5%	2.1%
Net margin	0.3%	1.8%	0.8%	0.4%	2.7%	1.7%	1.1%	1.0%
Current ratio	1.75×	1.95×	1.83×	1.56×	1.56×	1.48×	1.51×	1.49×
Debt / equity	0.34×	0.34×	0.28×	0.43×	0.49×	0.54×	0.49×	0.27×
Interest coverage	0.07×	1.3×	4.8×	1.08×	5.57×	1.89×	2.8×	1.52×
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	0.9%	5.0%	2.3%	1.6%	11.9%	4.9%	3.0%	2.7%
Return on invested capital	0.1%	2.5%	8.6%	1.7%	9.4%	3.6%	6.0%	4.4%
Return on assets	0.5%	3.2%	1.6%	1.0%	6.7%	2.8%	1.8%	1.6%
Free cash flow yield	-6.9%	-20.1%	18.6%	6.9%	-10.2%	-5.1%	-93.9%	-5.3%
Earnings yield	1.3%	7.2%	3.6%	2.8%	14.4%	9.9%	12.5%	8.8%
Enterprise value	₹348.4M	₹375.2M	₹324.5M	₹357M	₹450M	₹298M	₹211.5M	₹160.9M
Net debt / EBITDA	3.79×	2.45×	2.93×	4.84×	2.11×	3.73×	4.08×	2.88×
Cash conversion cycle (days)	88	98	70	57	61	91	89	82