Deepak Spinners Limited (DEEPAKSP.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

+162.6%

₹370.04

vs ₹140.90 price

Levered DCF

₹141.41

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

3.1

Safe zone

Rating

Overall 4 / 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	17.84×	-9.13×	129.14×	3.99×	5.12×	4.19×	3.91×	5.14×
P/B	0.28×	0.41×	0.71×	0.68×	1.02×	0.41×	0.41×	0.54×
P/S	0.12×	0.18×	0.36×	0.29×	0.38×	0.17×	0.13×	0.15×
EV / EBITDA	3.86×	17.65×	9.35×	2.87×	3.44×	2.78×	4.14×	4.58×
Gross margin	21.0%	36.4%	6.7%	38.6%	38.5%	37.2%	32.2%	32.1%
Operating margin	0.6%	22.3%	1.3%	9.9%	10.3%	6.6%	4.1%	5.1%
Net margin	0.7%	-2.0%	0.3%	7.2%	7.4%	4.0%	3.2%	2.9%
Current ratio	1.82×	1.54×	1.53×	1.61×	1.58×	1.41×	1.12×	1.09×
Debt / equity	0.13×	0.16×	0.19×	0.21×	0.25×	0.35×	0.6×	0.86×
Interest coverage	1.14×	30.8×	1.62×	19.33×	12.42×	4.17×	1.99×	2.3×
Dividend yield	0.0%	0.4%	1.1%	1.1%	0.7%	0.0%	4.5%	0.0%
Payout ratio	0.0%	-3.5%	137.9%	4.5%	3.7%	0.0%	17.5%	0.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	1.6%	-4.5%	0.6%	17.0%	19.9%	9.9%	10.4%	10.5%
Return on invested capital	0.9%	31.1%	1.4%	13.8%	15.7%	8.4%	7.6%	6.1%
Return on assets	1.1%	-3.1%	0.4%	11.5%	12.9%	5.8%	5.0%	4.3%
Free cash flow yield	9.3%	8.4%	4.7%	1.4%	5.3%	54.2%	65.3%	33.3%
Earnings yield	5.6%	-11.0%	0.8%	25.1%	19.5%	23.9%	25.6%	19.5%
Enterprise value	₹948.7M	₹1.3B	₹2.1B	₹2.1B	₹2.5B	₹1.2B	₹1.4B	₹1.8B
Net debt / EBITDA	1.22×	4.99×	1.93×	0.67×	0.67×	1.28×	2.47×	2.81×
Cash conversion cycle (days)	71	84	93	108	100	105	93	101