Candour Techtex Ltd (CANDOUR.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

-202.8%

-₹61.70

vs ₹60.00 price

Levered DCF

-₹99.18

After debt service

Piotroski score

1 / 9

Weak

Altman Z-score

—

Rating

C-

Overall 1 / 5

Ratios by fiscal year

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

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	-185.26×	224.7×	-62.53×	33.38×	42.04×	66.76×	868.07×	412.73×
P/B	2.12×	3.87×	2.38×	2.68×	2.78×	3.55×	3.75×	3.74×
P/S	4.68×	0.81×	0.36×	1.29×	0.42×	1.05×	5.97×	6.75×
EV / EBITDA	56.77×	22.07×	21.41×	21.21×	17.59×	24.51×	40.26×	76.05×
Gross margin	-0.7%	7.1%	4.8%	0.4%	4.6%	1.3%	10.1%	9.9%
Operating margin	-5.3%	1.2%	-0.7%	-1.0%	0.8%	0.2%	4.9%	-1.8%
Net margin	-2.5%	0.4%	-0.6%	3.9%	1.0%	1.6%	0.7%	1.6%
Current ratio	4.39×	1.45×	0.93×	1.17×	2.85×	1.25×	1.93×	3.13×
Debt / equity	0.18×	0.73×	1.39×	0.75×	0.31×	0.42×	0.44×	0.12×
Interest coverage	-1.37×	0.81×	-0.52×	-1.12×	2.86×	0.28×	1.27×	-1.34×
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	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-1.1%	1.7%	-3.8%	8.0%	6.6%	5.3%	0.4%	0.9%
Return on invested capital	-2.0%	1.7%	-1.5%	-1.1%	2.7%	0.5%	0.9%	-0.8%
Return on assets	-0.9%	0.8%	-1.4%	3.9%	4.4%	1.9%	0.2%	0.7%
Free cash flow yield	-15.3%	3.0%	-31.1%	-24.6%	3.9%	-2.7%	1.6%	-2.6%
Earnings yield	-0.5%	0.4%	-1.6%	3.0%	2.4%	1.5%	0.1%	0.2%
Enterprise value	₹2.9B	₹1.8B	₹994.4M	₹942.6M	₹798.5M	₹802M	₹796.7M	₹742.2M
Net debt / EBITDA	3.87×	3.39×	7.27×	3.91×	1.44×	2.12×	3.24×	0.98×
Cash conversion cycle (days)	33	3	7	8	-0	24	170	246