Archit Organosys Limited (ARCHITORG.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

+46.4%

₹99.42

vs ₹67.90 price

Levered DCF

₹74.30

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

—

Rating

B-

Overall 3 / 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	9.25×	16.38×	28.1×	10.92×	9.55×	7.43×	-10.94×	-4.05×
P/B	0.97×	1.2×	1.46×	2.01×	1.51×	0.92×	0.26×	0.55×
P/S	0.53×	0.66×	0.83×	0.97×	0.58×	0.39×	0.11×	0.23×
EV / EBITDA	5.92×	6.84×	9.27×	6.69×	5.78×	5.58×	6.99×	-6,341.4×
Gross margin	17.9%	31.3%	30.4%	22.3%	29.8%	24.7%	18.5%	-0.5%
Operating margin	7.4%	5.6%	23.0%	11.6%	8.7%	8.2%	-0.2%	-6.7%
Net margin	5.7%	4.0%	2.9%	8.9%	6.0%	5.3%	-1.1%	-5.6%
Current ratio	1.41×	1.35×	1.21×	1.14×	1.14×	1×	0.85×	0.99×
Debt / equity	0.33×	0.4×	0.41×	0.51×	0.65×	0.76×	1.02×	1.06×
Interest coverage	4.54×	2.72×	10.09×	6.87×	4.89×	2.38×	-0.06×	-1.55×
Dividend yield	1.4%	0.0%	1.1%	1.2%	1.3%	0.0%	0.0%	0.0%
Payout ratio	12.8%	0.0%	30.1%	12.7%	12.5%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	10.5%	7.3%	5.1%	18.4%	15.9%	12.4%	-2.3%	-13.5%
Return on invested capital	7.2%	4.7%	21.4%	11.5%	9.9%	10.8%	-0.3%	-5.8%
Return on assets	6.3%	4.1%	3.0%	9.4%	7.9%	5.7%	-1.0%	-5.6%
Free cash flow yield	2.6%	21.8%	8.9%	1.0%	-0.3%	21.4%	28.4%	-6.0%
Earnings yield	10.8%	6.1%	3.5%	9.2%	10.5%	13.5%	-9.2%	-24.7%
Enterprise value	₹971.7M	₹1.1B	₹1.2B	₹1.5B	₹1.1B	₹640.9M	₹404M	₹513.7M
Net debt / EBITDA	1.4×	1.69×	1.8×	1.16×	1.54×	2.34×	5.48×	-3,984.44×
Cash conversion cycle (days)	94	91	25	29	58	44	38	63