CFF Fluid Control Ltd (CFF.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

-109.3%

-₹90.64

vs ₹978.05 price

Levered DCF

-₹1,058.02

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

26.92

Safe zone

Rating

B+

Overall 3 / 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
P/E	28.65×	35.13×	50.06×	36.6×	47.98×	1,531.25×	274.25×
P/B	4.22×	5.67×	6.79×	14.83×	24.96×	50.73×	54.46×
P/S	5.38×	5.76×	8.01×	5.25×	7.89×	24.64×	11.67×
EV / EBITDA	18.57×	20.73×	27.96×	22.54×	30.68×	124×	74.31×
Gross margin	33.5%	60.1%	32.1%	36.3%	33.2%	14.2%	14.5%
Operating margin	25.5%	23.8%	24.6%	24.3%	24.7%	11.8%	13.0%
Net margin	18.8%	16.4%	16.0%	14.3%	16.5%	1.7%	4.2%
Current ratio	5.78×	3.49×	4.24×	1.86×	1.62×	1.33×	0.98×
Debt / equity	0.07×	0.14×	0.19×	1.84×	1.12×	3.21×	2.11×
Interest coverage	39.2×	15.48×	10.89×	5.5×	9.17×	0.99×	1.97×
Dividend yield	0.2%	0.2%	0.1%	0.0%	0.0%	0.0%	0.0%
Payout ratio	5.2%	8.2%	5.7%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	14.7%	16.1%	13.6%	40.6%	52.1%	3.5%	19.8%
Return on invested capital	14.0%	14.8%	12.5%	17.1%	27.4%	5.5%	14.5%
Return on assets	12.3%	12.0%	10.6%	11.4%	13.8%	0.6%	3.0%
Free cash flow yield	-3.3%	-1.0%	-5.3%	-8.6%	3.8%	-2.5%	4.8%
Earnings yield	3.5%	2.8%	2.0%	2.7%	2.1%	0.1%	0.4%
Enterprise value	₹11B	₹8.6B	₹8.6B	₹4.2B	₹3.8B	₹3.8B	₹3.8B
Net debt / EBITDA	-0.4×	0.45×	0.26×	2.48×	1.13×	7.37×	2.76×
Cash conversion cycle (days)	349	495	304	321	117	639	239