Avadh Sugar & Energy Limited (AVADHSUGAR.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

-10.3%

₹754.93

vs ₹841.30 price

Levered DCF

₹1,245.52

After debt service

Piotroski score

6 / 9

Average

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	16.4×	10.51×	8.68×	8.71×	11.7×	4.78×	2.67×	3.99×
P/B	0.84×	0.84×	1.08×	0.98×	1.8×	0.56×	0.4×	0.94×
P/S	0.35×	0.35×	0.41×	0.31×	0.53×	0.14×	0.09×	0.23×
EV / EBITDA	10.6×	8.3×	7.28×	7.35×	8.7×	6.55×	6.91×	6.91×
Gross margin	14.8%	23.1%	24.7%	11.0%	21.1%	18.8%	22.0%	16.5%
Operating margin	5.9%	18.7%	10.4%	7.4%	9.3%	8.1%	8.6%	11.7%
Net margin	2.1%	3.3%	4.8%	3.6%	4.6%	2.9%	3.5%	5.6%
Current ratio	1.16×	1.12×	1.05×	1×	1.07×	1.04×	1.08×	1.01×
Debt / equity	1.25×	1.25×	1.28×	1.2×	1.5×	2.07×	2.7×	3.05×
Interest coverage	2.15×	5.76×	3.42×	2.99×	2.85×	1.84×	1.91×	2.6×
Dividend yield	2.1%	2.2%	1.8%	2.3%	0.6%	2.2%	3.6%	1.8%
Payout ratio	34.9%	22.8%	15.6%	20.0%	6.4%	10.3%	9.6%	7.1%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	5.1%	8.0%	12.5%	11.2%	15.4%	11.7%	15.0%	23.6%
Return on invested capital	3.9%	12.4%	7.5%	7.2%	9.1%	7.9%	8.3%	9.3%
Return on assets	2.0%	3.1%	4.5%	4.1%	5.1%	2.9%	3.1%	4.6%
Free cash flow yield	-2.6%	5.1%	-14.0%	26.4%	17.7%	95.5%	35.9%	-28.8%
Earnings yield	6.1%	9.5%	11.5%	11.5%	8.5%	20.9%	37.5%	25.1%
Enterprise value	₹23.4B	₹22.9B	₹24.3B	₹19.4B	₹26.7B	₹17.4B	₹18.3B	₹20.3B
Net debt / EBITDA	6.36×	4.95×	3.95×	4.04×	3.96×	5.16×	6.02×	5.28×
Cash conversion cycle (days)	208	223	208	128	158	159	180	218