Bombay Cycle & Motor Agency Limited (BOMBCYC.BO) 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

+211.5%

₹4,719.18

vs ₹1,515.10 price

Levered DCF

₹4,611.02

After debt service

Piotroski score

4 / 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	27.41×	-20.59×	18.24×	15.54×	12.87×	8.73×	7.98×	15.37×
P/B	2.31×	2.38×	2.09×	1.14×	1.05×	0.82×	1.16×	2.24×
P/S	5.39×	6.13×	6.2×	3.22×	4.08×	4.19×	2.64×	4.57×
EV / EBITDA	21.51×	-65.9×	12×	8.82×	8.71×	15.99×	8.67×	17.79×
Gross margin	52.4%	43.3%	48.9%	80.5%	84.7%	90.5%	78.3%	78.7%
Operating margin	11.8%	6.9%	46.6%	23.3%	23.0%	23.5%	27.2%	22.5%
Net margin	19.7%	-29.8%	34.0%	20.7%	31.7%	47.9%	33.1%	29.7%
Current ratio	4.42×	2.73×	4.77×	2.85×	2.63×	6.16×	4.54×	4.88×
Debt / equity	0.02×	0.02×	0.02×	0.03×	0×	0×	0×	0×
Interest coverage	30.96×	10.64×	70.81×	38.55×	93.57×	131.16×	77.47×	49.73×
Dividend yield	0.3%	0.3%	0.4%	0.7%	0.8%	1.1%	1.6%	0.3%
Payout ratio	8.2%	-6.5%	6.4%	11.2%	10.7%	10.0%	12.9%	4.1%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	8.4%	-11.6%	11.4%	7.3%	8.1%	9.4%	14.5%	14.5%
Return on invested capital	4.4%	2.4%	10.7%	5.4%	4.0%	3.4%	8.4%	8.6%
Return on assets	6.8%	-9.3%	9.4%	5.5%	6.4%	7.6%	10.9%	11.0%
Free cash flow yield	2.3%	2.5%	7.9%	2.6%	7.5%	-0.8%	5.7%	3.2%
Earnings yield	3.6%	-4.9%	5.5%	6.4%	7.8%	11.5%	12.5%	6.5%
Enterprise value	₹657.6M	₹629.1M	₹566.5M	₹276.7M	₹235.6M	₹172.2M	₹217.5M	₹371.4M
Net debt / EBITDA	-0.41×	0.69×	-0.07×	-0.04×	-0.15×	-0.24×	-0.26×	-0.36×
Cash conversion cycle (days)	-109	-91	-127	-421	-718	-1,373	-248	-295