B.A.G. Films and Media Limited (BAGFILMS.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

+118.0%

₹8.44

vs ₹3.87 price

Levered DCF

-₹13.74

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

—

Rating

C+

Overall 2 / 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	19.11×	18.1×	42.75×	-43.58×	39.64×	-3.47×	-3.27×	18.65×
P/B	0.4×	0.71×	1.12×	0.52×	0.77×	0.31×	0.25×	0.59×
P/S	0.45×	0.82×	1.28×	0.66×	0.91×	0.4×	0.3×	0.63×
EV / EBITDA	9.64×	8.9×	11.47×	14.45×	10.18×	26.28×	10.53×	6.6×
Gross margin	93.8%	111.4%	53.0%	52.5%	76.9%	82.3%	90.8%	70.0%
Operating margin	8.7%	12.2%	12.8%	6.3%	11.7%	81.0%	-0.4%	14.2%
Net margin	2.5%	4.6%	3.0%	-1.5%	2.3%	-11.7%	-7.6%	2.4%
Current ratio	2.14×	1.83×	1.7×	1.56×	1.56×	1.3×	1.34×	1.4×
Debt / equity	0.68×	0.77×	0.71×	0.89×	0.93×	1.04×	0.97×	0.91×
Interest coverage	1.6×	1.98×	1.68×	0.75×	1.36×	6.36×	-0.04×	1.56×
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	2.2%	3.9%	2.6%	-1.2%	1.9%	-8.8%	-6.3%	2.2%
Return on invested capital	2.4%	5.2%	4.3%	2.2%	4.1%	25.0%	-0.1%	5.8%
Return on assets	0.9%	1.6%	1.1%	-0.4%	0.7%	-3.2%	-2.3%	0.9%
Free cash flow yield	-33.9%	1.7%	8.9%	-9.0%	-11.2%	-51.8%	85.7%	35.0%
Earnings yield	5.5%	5.6%	2.4%	-2.3%	2.5%	-28.9%	-25.6%	3.7%
Enterprise value	₹1.7B	₹2.2B	₹2.7B	₹1.9B	₹2.2B	₹1.6B	₹1.3B	₹2.1B
Net debt / EBITDA	5.83×	4.41×	4.2×	8.95×	5.12×	19.78×	7.62×	3.68×
Cash conversion cycle (days)	1,856	-757	357	351	398	524	405	331