Coromandel Engineering Company Limited (COROENGG.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

-100.6%

-₹0.43

vs ₹71.50 price

Levered DCF

-₹1.18

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

2.28

Grey zone

Rating

C-

Overall 1 / 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	12,190.79×	410×	-41.48×	-21.32×	-14.04×	-11.25×	-8.43×	-7.85×
P/B	154.71×	27.21×	52.49×	-4.7×	-7.02×	-11.42×	556.25×	19.43×
P/S	47.78×	5.44×	1.89×	0.76×	0.84×	0.83×	0.68×	2.03×
EV / EBITDA	450.24×	61.64×	316.95×	57.54×	-272.68×	-632.37×	40.17×	-70.58×
Gross margin	12.9%	51.9%	9.6%	5.9%	2.9%	0.5%	-0.9%	-2.6%
Operating margin	7.2%	6.4%	-0.9%	-1.3%	-2.2%	-3.8%	-2.7%	-12.6%
Net margin	0.4%	1.3%	-4.6%	-3.6%	-6.0%	-7.4%	-8.1%	-25.9%
Current ratio	1.09×	0.99×	0.9×	1×	1.02×	1.12×	1.37×	1.24×
Debt / equity	1.53×	3.61×	4.8×	-2.58×	-2.67×	-7.54×	946.18×	12.68×
Interest coverage	1×	0.67×	-0.28×	-0.4×	-0.62×	-0.63×	-0.24×	-0.91×
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	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	1.3%	6.6%	-126.6%	22.0%	49.9%	101.6%	-6604.4%	-247.2%
Return on invested capital	8.9%	-2.9%	-4.1%	-5.1%	-10.8%	-7.9%	-1.8%	-8.5%
Return on assets	0.2%	0.5%	-5.8%	-6.1%	-11.1%	-9.1%	-4.8%	-12.9%
Free cash flow yield	0.0%	-1.0%	5.8%	-12.5%	13.0%	4.8%	-15.5%	-1.7%
Earnings yield	0.0%	0.2%	-2.4%	-4.7%	-7.1%	-8.9%	-11.9%	-12.7%
Enterprise value	₹20.8B	₹1.9B	₹2B	₹1.5B	₹1.5B	₹1.5B	₹1.1B	₹1.5B
Net debt / EBITDA	4.34×	7.13×	26.52×	20.36×	-75.23×	-251.5×	25.29×	-27.84×
Cash conversion cycle (days)	-135	-164	53	91	-13	22	156	372