Arvee Laboratories (India) Ltd. (ARVEE.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

-81.8%

₹37.44

vs ₹205.85 price

Levered DCF

-₹18.78

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	58.45×	75.05×	147.74×	23.53×	48.59×	22.8×	20.84×	21.24×
P/B	4.37×	5.18×	5.31×	3.46×	5.23×	2.85×	2.57×	2.92×
P/S	4.69×	4.2×	5.1×	1.58×	3.06×	1.29×	1.07×	0.89×
EV / EBITDA	45.5×	38.1×	50.5×	11.28×	20.54×	10.33×	8.36×	9.18×
Gross margin	35.4%	31.6%	13.7%	28.2%	17.1%	30.3%	27.8%	21.7%
Operating margin	6.3%	6.4%	5.1%	9.2%	9.7%	7.8%	8.3%	7.1%
Net margin	8.0%	5.6%	3.5%	6.7%	6.3%	5.7%	5.1%	4.2%
Current ratio	3.35×	4.75×	2.42×	2.44×	1.67×	1.4×	1.44×	1.29×
Debt / equity	0.03×	0.03×	0.03×	0.04×	0.13×	0.41×	0.21×	0.78×
Interest coverage	8.45×	9.9×	6.2×	14.57×	11.1×	6.35×	3.78×	2.34×
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	7.5%	6.9%	3.6%	14.7%	10.8%	12.5%	12.3%	13.7%
Return on invested capital	5.6%	5.5%	2.8%	12.7%	10.8%	8.8%	12.1%	11.4%
Return on assets	5.8%	5.6%	2.8%	10.6%	6.7%	6.5%	6.8%	6.1%
Free cash flow yield	-2.0%	-1.1%	0.7%	1.5%	1.3%	-1.0%	16.8%	16.6%
Earnings yield	1.7%	1.3%	0.7%	4.2%	2.1%	4.4%	4.8%	4.7%
Enterprise value	₹1.5B	₹1.6B	₹1.5B	₹974.4M	₹1.3B	₹633.2M	₹508.8M	₹572.2M
Net debt / EBITDA	-0.68×	0.19×	-0.28×	0.05×	0.3×	0.37×	0.47×	1.48×
Cash conversion cycle (days)	172	97	71	47	66	42	27	42