Chordia Food Products Limited (CHORDIA.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

+81.7%

₹196.07

vs ₹107.90 price

Levered DCF

₹250.40

After debt service

Piotroski score

3 / 9

Weak

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	33.98×	55.99×	44.19×	183.32×	-1,414.37×	52.36×	54.85×	30.87×
P/B	1.66×	2.06×	2.42×	2.53×	3.82×	1.11×	1.02×	1.84×
P/S	5.52×	9.85×	10.92×	12.14×	21.38×	0.52×	0.55×	1.05×
EV / EBITDA	12.01×	17.65×	17.62×	25.89×	53.26×	12.35×	10.93×	11.63×
Gross margin	46.1%	100.0%	100.0%	42.0%	100.0%	30.5%	40.8%	39.6%
Operating margin	20.9%	24.7%	33.6%	15.7%	6.9%	1.8%	2.4%	6.6%
Net margin	16.3%	17.3%	24.7%	6.7%	-1.5%	1.0%	1.0%	3.4%
Current ratio	6.25×	6.73×	5.01×	2.73×	2.93×	2.14×	3.01×	2.17×
Debt / equity	0.03×	0.01×	0.03×	0.06×	0.11×	0.22×	0.14×	0.2×
Interest coverage	42.19×	16.42×	17.37×	2.83×	0.82×	2.17×	2.9×	3.86×
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	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	4.9%	3.6%	5.5%	1.4%	-0.3%	2.1%	1.9%	5.9%
Return on invested capital	4.4%	3.6%	5.3%	2.2%	1.1%	2.2%	2.7%	7.0%
Return on assets	4.3%	3.2%	4.8%	1.2%	-0.2%	1.4%	1.4%	4.3%
Free cash flow yield	8.0%	1.4%	1.7%	6.3%	2.2%	0.1%	9.2%	8.2%
Earnings yield	2.9%	1.8%	2.3%	0.5%	-0.1%	1.9%	1.8%	3.2%
Enterprise value	₹230.5M	₹294.4M	₹340.7M	₹336.6M	₹568.8M	₹440.6M	₹389.4M	₹695.4M
Net debt / EBITDA	-1.71×	-0.93×	-0.61×	-0.8×	0.92×	1.06×	0.76×	0.92×
Cash conversion cycle (days)	134	93	295	235	4,890	94	157	160