Anka India Limited (ANKIN.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

-6.7%

₹17.34

vs ₹18.60 price

Levered DCF

₹6.44

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

—

Rating

C-

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	-229.87×	-114.21×	21,920×	-74.78×	-37.04×	-104.5×	888.89×	-94.74×
P/B	3.85×	2.53×	1×	2.51×	6.36×	5.66×	4.1×	5.27×
P/S	5.62×	2.85×	0×	8.79×	0×	131.13×	0×	69.92×
EV / EBITDA	63.49×	28.58×	-104.76×	-118.59×	-91.04×	-104.47×	-23.62×	-94.17×
Gross margin	18.8%	-0.0%	0.0%	56.6%	0.0%	52.0%	0.0%	29.6%
Operating margin	-3.9%	-0.0%	0.0%	49.7%	0.0%	23.4%	0.0%	-74.6%
Net margin	-2.6%	0.0%	0.0%	-11.8%	0.0%	-129.2%	0.0%	-74.6%
Current ratio	1.48×	4.7×	0.08×	0.08×	0.05×	0.23×	0.42×	1.52×
Debt / equity	0.1×	0×	0.63×	1.4×	7.12×	0.05×	0.02×	0.01×
Interest coverage	-2.08×	-0×	0×	450.63×	-39.33×	39×	0×	-3,420.01×
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	-1.8%	0.0%	0.0%	-3.4%	-17.4%	-5.6%	0.5%	-5.6%
Return on invested capital	-2.4%	-0.0%	-0.3%	5.8%	-0.4%	1.0%	-1.7%	-5.6%
Return on assets	-1.5%	0.0%	0.0%	-1.2%	-2.1%	-4.8%	0.4%	-5.4%
Free cash flow yield	-2.9%	-0.7%	-1.7%	-5.8%	-110.6%	-0.7%	-0.9%	-16.1%
Earnings yield	-0.5%	0.0%	0.0%	-1.3%	-2.7%	-1.0%	0.1%	-1.1%
Enterprise value	₹1B	₹366.4M	₹154.3M	₹197.7M	₹132.5M	₹65.9M	₹50.4M	₹69.7M
Net debt / EBITDA	0.05×	-0.22×	-39.97×	-42.1×	-47.92×	-0.57×	-0.08×	0.36×
Cash conversion cycle (days)	31	347,872	3,910,714	80	4,137	0	0	0