Andrew Yule & Company Limited (ANDREWYU.NS) 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

-132.9%

-₹7.99

vs ₹24.30 price

Levered DCF

-₹13.10

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

1.86

Grey zone

Rating

D+

Overall 1 / 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	-80.38×	-540.52×	-32.66×	77.88×	-183.64×	39.72×	-65×	260×
P/B	4.73×	4.37×	4.52×	2.57×	2.64×	3.69×	4.08×	3.98×
P/S	5.26×	4.76×	4.95×	2.66×	2.95×	4.26×	4.71×	4.59×
EV / EBITDA	-245.28×	-1,176.03×	-32.25×	42.38×	43.91×	50.55×	-120.29×	67.3×
Gross margin	56.7%	63.4%	61.6%	66.4%	70.5%	71.1%	68.7%	67.5%
Operating margin	-34.6%	-0.6%	-8.9%	-1.5%	-0.4%	-1.3%	-13.3%	-7.2%
Net margin	-6.6%	-0.9%	-15.3%	3.4%	-1.6%	10.7%	-7.3%	1.8%
Current ratio	0.59×	0.67×	0.71×	0.98×	1.11×	1.09×	0.97×	1.32×
Debt / equity	0.37×	0.31×	0.34×	0.26×	0.18×	0.18×	0.23×	0.15×
Interest coverage	-4.8×	-0.09×	-1.78×	-0.55×	-0.21×	-0.55×	-5.31×	-4.2×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	-0.7%	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	-5.9%	-0.8%	-14.0%	3.3%	-1.4%	9.3%	-6.3%	1.6%
Return on invested capital	-18.6%	-0.2%	-4.7%	-0.1%	0.0%	-0.9%	-8.4%	-3.8%
Return on assets	-2.6%	-0.4%	-6.7%	1.7%	-0.8%	5.5%	-3.6%	0.9%
Free cash flow yield	-6.6%	-1.6%	-0.7%	0.8%	-8.7%	-2.2%	-3.2%	-3.3%
Earnings yield	-1.2%	-0.2%	-3.1%	1.3%	-0.5%	2.5%	-1.6%	0.4%
Enterprise value	₹16.6B	₹15.8B	₹16.4B	₹10.8B	₹10.5B	₹14.6B	₹14.7B	₹14.2B
Net debt / EBITDA	-17.35×	-73.09×	-2.04×	3.42×	2.43×	2.21×	-5.92×	1.16×
Cash conversion cycle (days)	36	-63	-14	-32	51	5	64	58