Arkade Developers Ltd. (ARKADE.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

-162.5%

-₹67.36

vs ₹107.76 price

Levered DCF

-₹365.45

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

5.55

Safe zone

Rating

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
P/E	326.55×	17.08×	25.05×	60.53×	60.98×	119.32×
P/B	1.99×	2.72×	9.52×	15.37×	20.6×	25.43×
P/S	2.12×	3.59×	4.85×	14.05×	13.81×	23.29×
EV / EBITDA	96.34×	11.49×	18.77×	47.31×	45.03×	96.58×
Gross margin	29.4%	37.3%	32.4%	39.4%	28.3%	38.7%
Operating margin	23.0%	30.1%	26.3%	28.5%	26.0%	33.0%
Net margin	0.6%	23.5%	19.4%	23.2%	22.6%	19.6%
Current ratio	0.72×	4.17×	2.45×	1.92×	1.6×	1.33×
Debt / equity	0.11×	0.13×	0.22×	0.74×	0.43×	0.14×
Interest coverage	214.06×	277.68×	424.14×	74.36×	14.11×	0×
Dividend yield	0.2%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	67.2%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
Return on equity	0.6%	17.8%	38.0%	25.4%	33.8%	21.4%
Return on invested capital	12.9%	14.9%	31.3%	13.6%	21.0%	23.3%
Return on assets	0.5%	12.5%	21.4%	9.1%	13.6%	6.1%
Free cash flow yield	-8.5%	-9.4%	2.9%	-3.2%	-4.1%	5.8%
Earnings yield	0.3%	6.5%	4.0%	1.6%	1.6%	0.8%
Enterprise value	₹18.3B	₹24.9B	₹31.3B	₹32.1B	₹31.4B	₹25.3B
Net debt / EBITDA	3.96×	0.43×	0.29×	1.95×	0.89×	0.33×
Cash conversion cycle (days)	551	768	387	1,318	663	1,042