Ampvolts Ltd (AMPVOLTS.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

-9628.6%

-₹2,296.40

vs ₹24.10 price

Levered DCF

-₹4,347.18

After debt service

Piotroski score

5 / 9

Average

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	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	42.83×	110.68×	-33.41×	-308.95×	3.46×	-0.99×	-34.25×	9.62×
P/B	1.31×	1.05×	3.93×	33.49×	2.45×	3.9×	-0.43×	0.52×
P/S	3.22×	26.08×	66.43×	4,274.87×	100.51×	52.67×	33.33×	55.8×
EV / EBITDA	17.82×	-41.04×	-39.77×	0×	3.04×	0×	0×	0×
Gross margin	32.9%	3.2%	-85.8%	-305.0%	23.3%	23.5%	59.2%	-89.0%
Operating margin	7.2%	-0.4%	-92.2%	-315.3%	20.7%	20.5%	-99.5%	-94.4%
Net margin	7.5%	23.4%	-205.9%	-1366.3%	2898.1%	-5330.1%	-97.3%	575.8%
Current ratio	2.13×	3.75×	9.84×	17×	0.82×	1.26×	1.41×	2.23×
Debt / equity	1.03×	0.23×	0×	1.28×	0.05×	0.11×	-0.01×	0.01×
Interest coverage	0.58×	-0.03×	-1.83×	-16.8×	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	3.1%	0.9%	-12.2%	-10.7%	70.7%	-394.8%	1.3%	5.3%
Return on invested capital	1.1%	-0.0%	-5.3%	-1.1%	0.4%	1.4%	-1.1%	-0.9%
Return on assets	1.5%	0.8%	-11.3%	-4.5%	65.1%	-333.5%	-1.1%	5.3%
Free cash flow yield	-70.8%	-49.3%	-7.7%	-3.6%	-1.1%	0.0%	-0.0%	-29.3%
Earnings yield	2.3%	0.9%	-3.1%	-0.3%	28.8%	-101.2%	-2.9%	10.3%
Enterprise value	₹1.2B	₹384.3M	₹612.2M	₹1.2B	₹92.3M	₹43.3M	₹20M	₹28.2M
Net debt / EBITDA	7.85×	14.17×	4.27×	0×	0.06×	0×	0×	0×
Cash conversion cycle (days)	488	266	605	-233	12	32	-1,309	343