Best Agrolife Limited (BESTAGRO.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

+337.2%

₹63.66

vs ₹14.56 price

Levered DCF

-₹21.76

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

1.45

Distress zone

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	49.2×	8.9×	15.02×	12.66×	19.47×	25.41×	47.75×	4,497.27×
P/B	0.57×	0.82×	2.47×	4.61×	6.18×	7.27×	2.09×	8.31×
P/S	0.35×	0.34×	0.85×	1.39×	1.68×	1.04×	0.57×	3.3×
EV / EBITDA	8.06×	5.21×	9.77×	9.29×	13.79×	18.64×	23.63×	37.14×
Gross margin	19.1%	29.4%	24.2%	28.0%	18.5%	8.1%	5.4%	-1.1%
Operating margin	4.7%	23.6%	19.2%	18.4%	12.8%	5.3%	3.1%	10.1%
Net margin	0.7%	3.8%	5.7%	11.0%	8.7%	4.1%	1.2%	0.1%
Current ratio	1.53×	1.37×	1.21×	1.35×	1.36×	1.49×	1.1×	1.32×
Debt / equity	0.58×	0.63×	0.98×	1.08×	0.82×	0.25×	0.18×	0.03×
Interest coverage	1.1×	6.52×	5.75×	8.25×	10.25×	10.19×	4.78×	9.18×
Dividend yield	1.6%	1.1%	0.4%	0.2%	0.2%	0.0%	0.0%	0.0%
Payout ratio	79.9%	10.1%	6.7%	2.5%	4.2%	0.6%	1.0%	99.4%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	1.2%	9.2%	16.4%	36.4%	31.8%	28.6%	4.4%	0.2%
Return on invested capital	4.3%	24.5%	21.7%	22.0%	18.7%	21.4%	6.7%	11.6%
Return on assets	0.5%	3.6%	5.3%	13.0%	10.6%	10.0%	1.9%	0.1%
Free cash flow yield	9.4%	33.3%	-0.6%	-9.0%	-4.1%	0.7%	3.2%	-0.2%
Earnings yield	2.0%	11.2%	6.7%	7.9%	5.1%	3.9%	2.1%	0.0%
Enterprise value	₹8.4B	₹10.7B	₹22B	₹29.4B	₹23B	₹9.5B	₹4.2B	₹4.2B
Net debt / EBITDA	3.89×	2.17×	2.68×	1.6×	1.54×	0.24×	1.38×	0.08×
Cash conversion cycle (days)	261	179	188	191	140	48	54	-85