BEML Land Assets Limited (BLAL.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

-99.2%

₹1.25

vs ₹162.91 price

Levered DCF

₹0.96

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

—

Rating

D+

Overall 1 / 5

Ratios by fiscal year

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

Metric	FY2026	FY2025	FY2024	FY2023	FY2022
P/E	59,900×	-226.88×	-275.34×	-1,947.5×	-143,500×
P/B	572.26×	765.93×	210.03×	142.93×	597,598.58×
P/S	652.35×	0×	61,848.39×	0×	0×
EV / EBITDA	-203.62×	-295.49×	-332.53×	-2,244.2×	-172,034.45×
Gross margin	-171.8%	0.0%	-2008.5%	0.0%	0.0%
Operating margin	-217.8%	0.0%	-19135.2%	0.0%	0.0%
Net margin	1.1%	0.0%	-22571.5%	0.0%	0.0%
Current ratio	0×	1.3×	0.2×	1.36×	1.24×
Debt / equity	0×	7.79×	0.89×	0.12×	0×
Interest coverage	-1.96×	-3.9×	-5.57×	-16.07×	0×
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	FY2026	FY2025	FY2024	FY2023	FY2022
Return on equity	1.0%	-337.6%	-76.6%	-7.3%	-426.3%
Return on invested capital	0.1%	-30.6%	-34.5%	-6.1%	0.0%
Return on assets	0.1%	-38.0%	-38.7%	-6.5%	-81.8%
Free cash flow yield	0.0%	0.1%	0.1%	-0.7%	-0.0%
Earnings yield	0.0%	-0.4%	-0.4%	-0.1%	-0.0%
Enterprise value	₹6.4B	₹8.6B	₹10.2B	₹12.3B	₹11.4B
Net debt / EBITDA	0.01×	-2.97×	-1.39×	-1.87×	1.5×
Cash conversion cycle (days)	0	0	1,717	0	0