Dhampur Bio Organics Limited (DBOL.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

-698.7%

-₹744.22

vs ₹124.31 price

Levered DCF

-₹795.72

After debt service

Piotroski score

7 / 9

Strong

Altman Z-score

—

Rating

B-

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
P/E	30.47×	30.03×	17.8×	8.55×	10.91×	-73,086.96×
P/B	0.75×	0.44×	0.82×	0.96×	1.27×	0.93×
P/S	0.36×	0.24×	0.45×	0.39×	0.72×	0×
EV / EBITDA	11.01×	11.47×	11.85×	7.76×	10.12×	79,426.29×
Gross margin	16.1%	25.6%	19.8%	22.8%	14.1%	0.0%
Operating margin	3.4%	20.2%	5.0%	6.9%	10.0%	0.0%
Net margin	1.2%	0.8%	2.5%	4.6%	6.6%	0.0%
Current ratio	1.16×	1.14×	1.19×	1.31×	1.28×	1.46×
Debt / equity	1.03×	1.15×	1.04×	0.82×	0.95×	0.52×
Interest coverage	1.14×	5.6×	2.04×	4.07×	5.25×	0×
Dividend yield	1.1%	3.8%	2.8%	0.0%	0.0%	0.0%
Payout ratio	33.0%	113.8%	49.7%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021
Return on equity	2.5%	1.5%	4.6%	11.2%	11.7%	-0.0%
Return on invested capital	2.1%	15.7%	3.1%	7.4%	7.0%	-0.0%
Return on assets	1.1%	0.6%	2.0%	5.3%	5.1%	-0.0%
Free cash flow yield	15.0%	-3.7%	-32.9%	15.2%	-36.6%	-0.0%
Earnings yield	3.3%	3.3%	5.6%	11.7%	9.2%	-0.0%
Enterprise value	₹17.9B	₹15.9B	₹18.8B	₹16.6B	₹19.3B	₹11.1B
Net debt / EBITDA	6.3×	8.28×	6.63×	3.31×	4.26×	27,783.57×
Cash conversion cycle (days)	196	271	253	153	269	0