Coral Laboratories Limited (CORALAB.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

+7.4%

₹546.76

vs ₹509.00 price

Levered DCF

₹447.63

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

—

Rating

Overall 3 / 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	8.08×	10.41×	8.38×	12.69×	10.08×	8.49×	4.91×	11.36×
P/B	0.63×	1.25×	0.75×	0.53×	0.58×	0.84×	0.3×	1.02×
P/S	1.54×	2.19×	1.61×	1.05×	1.25×	1.21×	0.5×	1.31×
EV / EBITDA	2.52×	7.28×	5.74×	7.04×	6.77×	5.99×	3.52×	6.52×
Gross margin	37.6%	39.3%	50.9%	36.8%	41.8%	43.6%	17.6%	18.9%
Operating margin	15.2%	21.1%	17.4%	2.1%	8.5%	14.6%	5.9%	12.0%
Net margin	19.1%	21.0%	19.2%	8.3%	12.4%	14.2%	10.1%	11.6%
Current ratio	6.48×	7.07×	6.18×	10.42×	5.13×	4.67×	3.82×	4.64×
Debt / equity	0.02×	0.02×	0×	0×	0.04×	0.05×	0.05×	0.01×
Interest coverage	76.29×	248.25×	71,318×	4.82×	44.11×	326.27×	21.62×	63.57×
Dividend yield	0.4%	0.3%	0.0%	0.0%	0.0%	0.0%	2.5%	0.7%
Payout ratio	3.3%	3.0%	0.0%	0.0%	0.0%	0.0%	12.1%	8.4%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	7.8%	12.0%	8.9%	4.2%	5.8%	9.9%	6.2%	9.0%
Return on invested capital	4.3%	8.7%	6.0%	0.8%	2.8%	7.3%	2.6%	5.9%
Return on assets	6.8%	10.5%	7.7%	3.7%	4.8%	8.1%	4.9%	7.5%
Free cash flow yield	-6.3%	-1.7%	16.7%	13.1%	0.6%	-0.4%	-15.0%	-3.2%
Earnings yield	12.4%	9.6%	11.9%	7.9%	9.9%	11.8%	20.4%	8.8%
Enterprise value	₹641.8M	₹2.5B	₹1.3B	₹756.8M	₹947.4M	₹1.2B	₹398.1M	₹1.1B
Net debt / EBITDA	-2.68×	0×	-0.09×	-0.57×	0.25×	0.2×	0.42×	-0.09×
Cash conversion cycle (days)	198	125	144	172	273	200	279	199