Beardsell Limited (BEARDSELL.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

+209.3%

₹72.65

vs ₹23.49 price

Levered DCF

₹124.21

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

2.71

Grey zone

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	7×	10.06×	17.6×	8.52×	16.81×	-70.38×	23.52×	-57.72×
P/B	0.87×	1.22×	2.04×	1.23×	0.93×	0.7×	0.47×	1.08×
P/S	0.29×	0.37×	0.59×	0.31×	0.25×	0.21×	0.12×	0.23×
EV / EBITDA	3.43×	5.23×	7.33×	4.88×	4.91×	5.51×	4.21×	9.02×
Gross margin	22.7%	31.0%	13.0%	10.8%	29.0%	31.8%	12.1%	29.7%
Operating margin	6.1%	23.2%	5.7%	5.2%	3.4%	3.7%	4.0%	3.1%
Net margin	4.2%	3.7%	3.4%	3.7%	1.5%	-0.3%	0.5%	-0.4%
Current ratio	1.35×	1.23×	1.16×	1.09×	1.04×	0.91×	0.84×	0.83×
Debt / equity	0.24×	0.35×	0.47×	0.62×	0.56×	0.95×	0.93×	1.01×
Interest coverage	5.3×	17.12×	2.82×	2.75×	1.33×	0.9×	1.02×	0.97×
Dividend yield	0.5%	0.4%	0.3%	0.4%	0.6%	1.0%	4.3%	0.0%
Payout ratio	3.5%	4.0%	4.8%	3.6%	10.3%	-66.5%	100.6%	0.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	12.4%	12.1%	11.6%	14.5%	5.5%	-1.0%	2.0%	-1.9%
Return on invested capital	10.6%	43.2%	8.9%	9.4%	5.7%	-7.6%	5.2%	7.0%
Return on assets	6.5%	5.6%	5.1%	5.8%	2.2%	-0.3%	0.7%	-0.6%
Free cash flow yield	18.0%	9.7%	1.2%	2.6%	13.6%	38.2%	34.5%	8.5%
Earnings yield	14.3%	9.9%	5.7%	11.7%	5.9%	-1.5%	4.3%	-1.7%
Enterprise value	₹896.8M	₹1.2B	₹1.7B	₹1B	₹738.3M	₹635.3M	₹560.3M	₹809.8M
Net debt / EBITDA	0.37×	0.87×	1.25×	1.48×	1.77×	3.12×	2.77×	4.18×
Cash conversion cycle (days)	44	32	21	46	28	42	38	22