BLB Limited (BLBLIMITED.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

+533.2%

₹97.52

vs ₹15.40 price

Levered DCF

-₹86.31

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

—

Rating

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	2.43×	20.48×	63.06×	19.08×	12.3×	30.24×	-2.11×	-6.49×
P/B	0.62×	0.81×	1.7×	1.23×	1.32×	0.43×	0.22×	0.31×
P/S	0.11×	0.15×	0.53×	0.53×	0.33×	0.06×	0.08×	0.14×
EV / EBITDA	1.54×	11.63×	35.44×	13.24×	9.82×	6.88×	-2.55×	-29.07×
Gross margin	6.8%	1.8%	0.9%	3.6%	3.3%	1.0%	1.5%	-1.2%
Operating margin	5.9%	1.2%	0.5%	2.6%	3.0%	0.6%	-4.6%	-2.0%
Net margin	4.5%	0.7%	0.8%	2.8%	2.7%	0.2%	-4.0%	-2.1%
Current ratio	208×	0×	40.57×	16.01×	10.85×	0×	2.06×	3.57×
Debt / equity	0×	0×	0×	0.04×	0.05×	0.03×	0.2×	0.15×
Interest coverage	31.44×	6.01×	2.84×	20.21×	18.99×	4.04×	-5.96×	-3.15×
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	25.6%	4.0%	2.7%	6.5%	10.7%	1.4%	-10.5%	-4.7%
Return on invested capital	24.5%	4.7%	1.2%	4.4%	9.5%	1.1%	-6.8%	-3.9%
Return on assets	25.0%	3.9%	2.7%	6.2%	10.1%	1.4%	-7.9%	-4.1%
Free cash flow yield	17.9%	-2.0%	3.3%	-7.2%	-14.4%	17.8%	17.3%	-2.2%
Earnings yield	41.1%	4.9%	1.6%	5.3%	8.1%	3.4%	-47.5%	-15.4%
Enterprise value	₹709M	₹755.7M	₹1.5B	₹1.1B	₹1.2B	₹352M	₹250.9M	₹375.6M
Net debt / EBITDA	-0.22×	-0.54×	-3.07×	-0.24×	0.28×	0.32×	-0.83×	-8.67×
Cash conversion cycle (days)	10	13	37	35	12	4	7	4