Bhatia Colour Chem Limited (BCCL.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

-3577.0%

-₹771.55

vs ₹22.19 price

Levered DCF

-₹1,014.33

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

3.21

Safe zone

Rating

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021
P/E	47.23×	90.3×	18.39×	24.11×	128.57×
P/B	1.89×	4.08×	1.01×	1.12×	1.17×
P/S	1.28×	2.64×	0.55×	0.6×	4.68×
EV / EBITDA	22.63×	43.98×	9.81×	11.65×	111.43×
Gross margin	18.6%	27.0%	13.4%	9.7%	11.6%
Operating margin	5.1%	5.7%	5.8%	6.4%	6.0%
Net margin	2.7%	2.9%	3.0%	2.5%	3.7%
Current ratio	3.3×	3.13×	4.98×	3.26×	2.06×
Debt / equity	0.02×	0.26×	0.32×	0.33×	1.14×
Interest coverage	4.25×	4.14×	3.49×	2.06×	6.13×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021
Return on equity	4.0%	4.5%	5.5%	4.6%	0.9%
Return on invested capital	4.8%	4.8%	5.9%	6.6%	0.5%
Return on assets	2.8%	2.9%	3.4%	2.4%	0.3%
Free cash flow yield	-7.5%	-2.3%	23.3%	16.2%	-130.2%
Earnings yield	2.1%	1.1%	5.4%	4.1%	0.8%
Enterprise value	₹1.9B	₹3.3B	₹681.5M	₹855.4M	₹996.2M
Net debt / EBITDA	-0.62×	-0.11×	0.68×	2.65×	37.54×
Cash conversion cycle (days)	185	230	211	252	2,204