Aditya Infotech Limited (CPPLUS.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

-82.7%

₹674.27

vs ₹3,893.00 price

Levered DCF

-₹313.80

After debt service

Piotroski score

—

Altman Z-score

—

Rating

D+

Overall 1 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022
P/E	55.86×	36.12×	110.14×	117.17×
P/B	10.95×	12.47×	29.92×	0×
P/S	4.88×	4.08×	4.56×	5.56×
EV / EBITDA	35.62×	25.73×	62.25×	0×
Gross margin	28.7%	21.5%	18.3%	16.8%
Operating margin	12.3%	7.0%	7.5%	6.8%
Net margin	8.7%	11.3%	4.1%	4.7%
Current ratio	1.53×	1.13×	1.32×	0×
Debt / equity	0.1×	0.45×	1.03×	0×
Interest coverage	18.05×	5.35×	6.97×	7.49×
Dividend yield	0.1%	0.1%	0.0%	0.0%
Payout ratio	4.9%	5.1%	0.9%	3.6%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022
Return on equity	19.6%	34.5%	27.1%	0.0%
Return on invested capital	18.5%	11.8%	16.8%	0.0%
Return on assets	9.2%	11.1%	7.0%	0.0%
Free cash flow yield	-0.6%	0.0%	-1.6%	0.4%
Earnings yield	1.8%	2.8%	0.9%	0.9%
Enterprise value	₹205.7B	₹130.1B	₹130.9B	₹0
Net debt / EBITDA	0.03×	0.64×	1.89×	0×
Cash conversion cycle (days)	56	60	95	0