Bedmutha Industries Limited (BEDMUTHA.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

+78.8%

₹193.08

vs ₹108.00 price

Levered DCF

₹245.43

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	49.35×	20.82×	32.86×	14.91×	23.73×	0.33×	-0.45×	-0.63×
P/B	2.11×	3.56×	5.71×	1.95×	2.58×	0.84×	-0.2×	-0.49×
P/S	0.22×	0.49×	0.85×	0.28×	0.34×	0.17×	0.09×	0.09×
EV / EBITDA	8.57×	9.13×	11.7×	5.62×	6.66×	1.23×	22.27×	19.1×
Gross margin	10.3%	18.0%	14.6%	16.6%	-1.3%	-6.4%	6.5%	5.0%
Operating margin	2.3%	1.4%	12.3%	-2.2%	-2.5%	-8.8%	-2.3%	-1.4%
Net margin	0.4%	2.4%	2.6%	1.9%	1.4%	50.5%	-20.0%	-14.5%
Current ratio	1.4×	1.51×	1.47×	1.38×	1.29×	1.37×	0.46×	0.61×
Debt / equity	1.37×	1.5×	1.95×	2.53×	3.19×	3.97×	-3.12×	-5.59×
Interest coverage	0.79×	0.41×	2.82×	-0.45×	-0.51×	-0.55×	-0.13×	-0.1×
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	4.3%	17.1%	17.4%	13.1%	10.8%	254.1%	44.0%	77.4%
Return on invested capital	6.8%	3.2%	24.9%	-2.5%	-2.9%	-8.5%	-2.4%	-1.6%
Return on assets	0.9%	3.8%	3.7%	2.6%	1.9%	42.0%	-14.9%	-12.3%
Free cash flow yield	10.0%	10.4%	6.6%	32.7%	26.5%	80.8%	226.6%	42.6%
Earnings yield	2.0%	4.8%	3.0%	6.7%	4.2%	302.2%	-220.7%	-159.2%
Enterprise value	₹5.1B	₹7.3B	₹9.2B	₹4.4B	₹5B	₹3.6B	₹5.3B	₹5.4B
Net debt / EBITDA	3.15×	2.69×	2.96×	3.16×	3.68×	1.01×	20.91×	17.54×
Cash conversion cycle (days)	7	1	-21	10	16	45	85	53