CL Educate Limited (CLEDUCATE.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

-368.3%

-₹125.07

vs ₹46.62 price

Levered DCF

₹47.18

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

—

Rating

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	-9.24×	-234.67×	29.43×	12.16×	25.4×	-10.4×	-0.83×	8.75×
P/B	0.94×	1.65×	1.58×	1×	1.35×	0.52×	0.16×	0.48×
P/S	0.44×	1.25×	1.39×	0.94×	1.79×	0.75×	0.15×	0.54×
EV / EBITDA	7.22×	30.83×	11.49×	8.54×	12.67×	-206.02×	-2.67×	5.54×
Gross margin	69.5%	25.1%	75.1%	25.4%	80.3%	75.4%	54.6%	57.3%
Operating margin	1.2%	18.9%	27.4%	25.8%	7.5%	10.8%	6.2%	10.8%
Net margin	-4.7%	-3.1%	4.7%	7.7%	7.0%	-7.2%	-18.2%	6.1%
Current ratio	1.08×	2.09×	2.63×	2.4×	3.3×	2.43×	1.98×	1.98×
Debt / equity	1.08×	0.97×	0.11×	0.06×	0.08×	0.18×	0.2×	0.16×
Interest coverage	0.15×	8.11×	35.49×	46.83×	4.19×	3.32×	2.17×	5.64×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	3.9%	1.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	-3.2%	8.6%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	-10.2%	-4.1%	5.4%	8.2%	5.3%	-5.0%	-18.8%	5.5%
Return on invested capital	1.2%	9.0%	19.9%	25.1%	4.1%	5.4%	5.1%	6.2%
Return on assets	-2.9%	-1.3%	3.9%	6.0%	4.0%	-3.5%	-12.6%	4.0%
Free cash flow yield	16.3%	-3.2%	0.8%	-1.4%	3.5%	16.3%	38.3%	4.6%
Earnings yield	-10.8%	-2.5%	3.4%	8.2%	3.9%	-9.6%	-120.4%	11.4%
Enterprise value	₹4.7B	₹6.9B	₹4.3B	₹2.7B	₹3.6B	₹1.6B	₹891.1M	₹2.2B
Net debt / EBITDA	3.52×	10.7×	-0.25×	-0.27×	0.24×	-36.8×	-1.35×	1.18×
Cash conversion cycle (days)	-96	40	-22	24	117	85	47	54