The Bombay Dyeing and Manufacturing Company Limited (BOMDYEING.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

+94.4%

₹181.50

vs ₹93.37 price

Levered DCF

₹127.22

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

—

Rating

C+

Overall 2 / 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	71.32×	5.67×	1.13×	-2.27×	-4.42×	-3.09×	2.89×	2.27×
P/B	0.84×	1.17×	1.78×	-0.94×	-2.78×	-8.62×	10.88×	13.51×
P/S	1.31×	1.73×	2×	0.44×	1.03×	1.23×	0.5×	0.64×
EV / EBITDA	23.61×	-100.2×	0.82×	-72.19×	270.37×	64.73×	14.43×	3.86×
Gross margin	16.9%	26.2%	9.8%	13.9%	16.9%	17.0%	30.7%	43.0%
Operating margin	-6.1%	22.3%	-3.2%	-2.4%	7.1%	1.1%	17.4%	40.1%
Net margin	1.8%	30.5%	176.8%	-19.5%	-23.3%	-39.7%	17.5%	28.2%
Current ratio	2.59×	2.47×	2.04×	1.03×	1.44×	1.29×	2.35×	2.17×
Debt / equity	0×	0×	0×	-2.92×	-6.08×	-24.8×	47.77×	19×
Interest coverage	-6.79×	18.64×	-0.16×	-0.12×	0.27×	0.02×	0.59×	3.61×
Dividend yield	1.3%	0.9%	0.0%	0.0%	0.0%	0.3%	3.9%	0.9%
Payout ratio	93.2%	5.1%	0.0%	0.0%	0.0%	-0.9%	11.4%	2.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	1.2%	20.7%	157.3%	41.5%	63.0%	278.9%	377.1%	594.1%
Return on invested capital	-3.3%	11.8%	-2.1%	-2.6%	3.3%	0.3%	-12.2%	42.1%
Return on assets	0.9%	16.4%	115.2%	-17.3%	-10.9%	-10.1%	6.8%	24.0%
Free cash flow yield	-10.7%	-2.6%	7.4%	72.6%	25.1%	41.3%	9.3%	-28.1%
Earnings yield	1.4%	17.6%	88.3%	-44.1%	-22.6%	-32.4%	34.7%	44.0%
Enterprise value	₹18.4B	₹26.9B	₹32.9B	₹46.8B	₹60.6B	₹54.7B	₹51B	₹67.7B
Net debt / EBITDA	-1.01×	3.57×	-0.01×	-54.11×	179.64×	47.56×	11.75×	2.25×
Cash conversion cycle (days)	64	2	-16	154	383	820	736	334