Capital Trust Limited (CAPTRUST.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

-483.6%

-₹81.82

vs ₹21.33 price

Levered DCF

₹36.00

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	-0.6×	86.8×	51.16×	-2.7×	-11.39×	-5.22×	28.79×	51.01×
P/B	0.46×	1.12×	1.38×	1.65×	1.03×	0.94×	0.8×	0.56×
P/S	0.67×	1.14×	1.82×	1.9×	1.45×	1.31×	0.96×	0.72×
EV / EBITDA	-1.76×	37.28×	35.9×	-4.47×	165.05×	-19.42×	10.66×	20.49×
Gross margin	66.7%	37.0%	30.4%	35.6%	40.3%	39.2%	41.3%	44.5%
Operating margin	-56.9%	-0.6%	-17.9%	-14.1%	8.0%	26.2%	30.9%	36.0%
Net margin	-110.5%	1.3%	3.7%	-70.5%	-12.7%	-25.0%	3.3%	5.4%
Current ratio	0.22×	1.29×	1.24×	1.05×	1.86×	2.14×	2.01×	2.05×
Debt / equity	0.65×	1.18×	1.04×	1.29×	1.73×	1.97×	1.77×	2.2×
Interest coverage	0×	-0.16×	-6.75×	-0.67×	0.44×	2.21×	2.05×	4.33×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.8%	0.8%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	23.1%	10.8%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	-76.2%	1.3%	2.8%	-61.2%	-9.0%	-18.1%	2.8%	4.2%
Return on invested capital	-23.4%	-0.2%	-4.9%	-4.0%	1.6%	5.1%	2.9%	6.1%
Return on assets	-41.9%	0.5%	1.2%	-24.3%	-3.1%	-5.8%	0.9%	1.2%
Free cash flow yield	-67.2%	-20.8%	18.5%	60.1%	12.6%	14.3%	203.8%	60.4%
Earnings yield	-165.8%	1.2%	2.0%	-37.0%	-8.8%	-19.2%	3.5%	7.4%
Enterprise value	₹634.7M	₹1.9B	₹1.7B	₹2.1B	₹3.3B	₹3.4B	₹3.6B	₹5.8B
Net debt / EBITDA	-0.98×	17.97×	14×	-1.86×	102.71×	-12.42×	7.03×	16.1×
Cash conversion cycle (days)	5	-9	-11	-22	-63	-32	597	1,426