Datamatics Global Services Limited (DATAMATICS.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

+361.5%

₹3,464.13

vs ₹750.70 price

Levered DCF

₹4,356.34

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	19.39×	18.27×	17.21×	8.87×	11.22×	8.53×	3.79×	8.29×
P/B	2.44×	2.74×	2.78×	1.6×	2.06×	0.95×	0.35×	0.96×
P/S	1.9×	2.17×	2.2×	1.15×	1.47×	0.59×	0.2×	0.54×
EV / EBITDA	10.32×	16.12×	11.45×	5.53×	7.24×	4.2×	1.29×	4×
Gross margin	33.9%	22.2%	35.5%	38.3%	38.0%	34.6%	34.2%	38.2%
Operating margin	14.5%	10.9%	32.8%	35.6%	13.6%	9.4%	7.3%	9.7%
Net margin	9.8%	11.9%	12.8%	12.9%	13.1%	6.9%	5.3%	6.6%
Current ratio	1.99×	3.08×	4.9×	4.8×	3.81×	4.17×	2.38×	2.88×
Debt / equity	0.14×	0.14×	0.01×	0.02×	0.07×	0.03×	0.17×	0.06×
Interest coverage	15.39×	18.85×	239.44×	120.41×	39.46×	23.05×	14.68×	18.48×
Dividend yield	0.8%	0.8%	0.9%	0.4%	0.8%	0.0%	2.8%	0.4%
Payout ratio	15.2%	14.4%	15.0%	3.8%	9.4%	0.0%	10.8%	3.3%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	12.6%	15.0%	16.1%	18.0%	18.4%	11.1%	9.2%	11.6%
Return on invested capital	11.5%	8.6%	31.2%	36.9%	13.6%	10.9%	7.1%	11.0%
Return on assets	8.2%	10.0%	13.5%	14.7%	14.2%	8.8%	6.2%	8.6%
Free cash flow yield	7.7%	5.0%	4.9%	5.4%	8.9%	12.6%	25.8%	10.2%
Earnings yield	5.2%	5.5%	5.8%	11.3%	8.9%	11.7%	26.3%	12.1%
Enterprise value	₹38.3B	₹37.1B	₹33.3B	₹15.6B	₹16.6B	₹6B	₹1.7B	₹5.8B
Net debt / EBITDA	0.18×	-0.17×	-0.28×	-0.4×	-0.46×	-0.55×	-0.59×	-0.23×
Cash conversion cycle (days)	16	19	68	9	110	42	51	38