Danlaw Technologies India Limited (DANLAW.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

-31.1%

₹928.92

vs ₹1,349.00 price

Levered DCF

₹1,512.04

After debt service

Piotroski score

3 / 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	9.35×	21.75×	43.07×	29.75×	14.46×	325.12×	-2.11×	-76.34×
P/B	2.16×	5.36×	16.54×	6.01×	2.18×	4.59×	0.43×	1.42×
P/S	0.82×	1.88×	4.54×	1.29×	0.51×	1.02×	0.17×	0.68×
EV / EBITDA	5.41×	13.84×	26.41×	11.82×	8.06×	19.14×	-2.51×	15,181.21×
Gross margin	17.4%	41.3%	38.4%	13.0%	13.9%	8.2%	-2.2%	6.1%
Operating margin	12.2%	12.2%	15.7%	9.4%	2.7%	2.3%	-12.7%	-2.9%
Net margin	8.8%	8.7%	10.5%	4.3%	3.5%	0.3%	-8.3%	-0.9%
Current ratio	2.05×	2.13×	2.32×	2.05×	1.77×	1.39×	1.27×	1.94×
Debt / equity	0.3×	0.46×	0.52×	1.06×	1.09×	0.9×	0.32×	0×
Interest coverage	16.91×	11.78×	12.46×	4.35×	1.81×	2.17×	-22.04×	-8.08×
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	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	23.1%	24.7%	38.4%	20.2%	15.1%	1.4%	-20.4%	-1.9%
Return on invested capital	17.3%	16.6%	25.7%	13.7%	4.4%	2.6%	-14.2%	-3.6%
Return on assets	12.6%	12.1%	16.7%	6.4%	4.7%	0.4%	-6.8%	-0.9%
Free cash flow yield	5.6%	0.1%	2.3%	1.4%	-21.3%	-8.6%	-19.5%	26.0%
Earnings yield	10.7%	4.6%	2.3%	3.4%	6.9%	0.3%	-47.4%	-1.3%
Enterprise value	₹2.2B	₹4.2B	₹9.7B	₹2.5B	₹884.2M	₹1.2B	₹111.5M	₹302.1M
Net debt / EBITDA	0.08×	0.42×	0.21×	1.47×	2.42×	2.68×	-0.36×	-3,452.21×
Cash conversion cycle (days)	103	113	112	107	34	69	96	115