Confidence Futuristic Energete (CFEL.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

-9594.9%

-₹3,111.49

vs ₹32.77 price

Levered DCF

-₹4,465.06

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

—

Rating

B-

Overall 2 / 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	11.16×	18.55×	31.67×	36.94×	19.18×	701.75×	5,915.09×	173.85×
P/B	0.46×	0.99×	1.71×	1.71×	0.98×	0.74×	1.45×	1.04×
P/S	0.49×	0.77×	1.55×	2.15×	2.64×	4.54×	8.6×	1.15×
EV / EBITDA	11.52×	9.82×	12.43×	15.08×	23.02×	73.65×	37.16×	36.72×
Gross margin	21.2%	21.2%	22.3%	11.8%	14.4%	50.7%	8.5%	3.1%
Operating margin	3.6%	5.4%	7.8%	8.9%	8.4%	5.2%	0.2%	-13.8%
Net margin	4.4%	4.2%	4.9%	5.8%	5.9%	0.6%	0.1%	0.7%
Current ratio	2.74×	3.18×	2.41×	2.31×	2.12×	1.63×	0.63×	3.58×
Debt / equity	1×	0.49×	0.41×	0.59×	0.37×	2.37×	0.08×	0.06×
Interest coverage	0.82×	1.29×	2.12×	1.98×	2.38×	19.86×	6.6×	-431.8×
Dividend yield	0.8%	0.5%	0.3%	0.4%	0.1%	0.0%	0.0%	0.0%
Payout ratio	8.9%	9.1%	10.9%	13.2%	4.7%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	4.1%	5.3%	5.4%	4.6%	2.2%	0.1%	0.0%	0.6%
Return on invested capital	1.5%	4.0%	4.8%	3.5%	1.7%	0.2%	0.0%	-5.0%
Return on assets	1.7%	3.2%	3.4%	2.6%	1.5%	0.0%	0.0%	0.3%
Free cash flow yield	43.5%	-60.6%	4.3%	-19.6%	-82.1%	-261.1%	-3.4%	-46.0%
Earnings yield	9.0%	5.4%	3.2%	2.7%	2.2%	0.1%	0.0%	0.6%
Enterprise value	₹2.4B	₹2.9B	₹3.4B	₹3.5B	₹1.9B	₹267.1M	₹131.4M	₹92.1M
Net debt / EBITDA	7.78×	3.22×	2.42×	3.88×	6.22×	56×	1.69×	0.68×
Cash conversion cycle (days)	299	153	211	322	249	-68	110	56