Centrum Capital Limited (CENTRUM.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

-13740.1%

-₹2,543.87

vs ₹18.65 price

Levered DCF

-₹7,346.52

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	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	-8.81×	-5.37×	-13.22×	-5.01×	-5.81×	-23.86×	502.78×	18.28×
P/B	3.91×	3.6×	2.98×	1.27×	1.52×	1.93×	0.58×	1.99×
P/S	0.28×	0.37×	0.65×	0.62×	1.54×	2.39×	0.78×	3.64×
EV / EBITDA	-151.85×	4.2×	8.55×	11.31×	6.05×	-715.66×	44.68×	10.83×
Gross margin	48.9%	54.6%	46.5%	37.8%	12.2%	11.7%	14.7%	4.2%
Operating margin	13.9%	31.4%	25.7%	12.6%	-23.4%	-10.7%	-11.5%	-71.7%
Net margin	-3.2%	-7.0%	-4.9%	-12.3%	-26.5%	-10.0%	3.1%	31.4%
Current ratio	0.67×	1.33×	0.11×	5.96×	1.58×	1.68×	1.32×	1.74×
Debt / equity	51.52×	15.42×	9.9×	4.47×	3.37×	3.35×	2.83×	2.69×
Interest coverage	0×	0.71×	0.81×	0.39×	-2.96×	-5.67×	-4.8×	-32.18×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.7%	0.2%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	18.2%	1.8%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	-44.4%	-67.1%	-22.5%	-25.2%	-26.2%	-8.1%	2.3%	17.2%
Return on invested capital	2.8%	4.2%	4.6%	1.3%	-1.9%	-1.8%	-0.1%	-5.8%
Return on assets	-0.6%	-0.8%	-0.6%	-1.3%	-1.4%	-1.5%	0.5%	4.1%
Free cash flow yield	-205.3%	210.6%	1.3%	-542.5%	-57.6%	-4.1%	-45.6%	-91.7%
Earnings yield	-11.3%	-18.6%	-7.6%	-19.9%	-17.2%	-4.2%	4.0%	8.6%
Enterprise value	₹159.9B	₹47B	₹52.4B	₹28.1B	-₹6.7B	₹28.5B	₹19.5B	₹29.5B
Net debt / EBITDA	-140.28×	3.3×	6.4×	8.28×	15.37×	-435.16×	36.46×	5.88×
Cash conversion cycle (days)	54	-37	-53	3,210	2,175	1,310	2,067	1,393