Crestchem Limited (CRSTCHM.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

+406.9%

₹706.65

vs ₹139.40 price

Levered DCF

₹764.31

After debt service

Piotroski score

4 / 9

Average

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	8.61×	22.3×	16.56×	53×	21.69×	13.72×	7.09×	-26.32×
P/B	2.36×	8.13×	7.25×	13.34×	5.97×	5.27×	3.43×	9.48×
P/S	0.79×	2.42×	1.68×	2.2×	1.55×	1.05×	0.52×	160.18×
EV / EBITDA	5.99×	16.13×	11.66×	36.95×	15.26×	11.87×	5.24×	-31.84×
Gross margin	17.8%	20.3%	24.0%	13.7%	22.9%	22.5%	20.0%	31.9%
Operating margin	10.5%	12.9%	12.9%	4.9%	9.1%	8.5%	9.0%	-639.5%
Net margin	9.2%	10.9%	10.1%	4.1%	7.1%	7.6%	7.3%	-603.8%
Current ratio	0.9×	1.44×	1.04×	0.6×	0.96×	1.85×	1.52×	1.51×
Debt / equity	0×	0×	0×	0×	0.13×	0.42×	0.02×	0.6×
Interest coverage	314×	62.6×	386.54×	82.78×	45.77×	39.54×	111.61×	-28.85×
Dividend yield	0.7%	0.1%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	5.9%	2.7%	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	27.4%	36.5%	43.8%	25.2%	27.5%	38.5%	48.3%	-35.7%
Return on invested capital	22.5%	31.9%	39.8%	21.7%	22.5%	25.0%	45.3%	-23.7%
Return on assets	16.7%	25.9%	30.0%	14.5%	17.2%	19.1%	19.4%	-19.1%
Free cash flow yield	18.1%	3.2%	1.3%	6.0%	6.7%	-0.2%	10.4%	-0.9%
Earnings yield	11.6%	4.5%	6.0%	1.9%	4.6%	7.3%	14.1%	-3.8%
Enterprise value	₹229.6M	₹600.4M	₹353.7M	₹358.6M	₹125.6M	₹84.5M	₹31.2M	₹47.1M
Net debt / EBITDA	-0.11×	-0.2×	-0.05×	-0.9×	0.31×	0.83×	-0.06×	-1.45×
Cash conversion cycle (days)	-14	2	-2	-45	1	46	-18	2,354