Denta Water and Infra Solutions Ltd. (DENTA.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

+107.7%

₹471.39

vs ₹227.00 price

Levered DCF

-₹101.05

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

—

Rating

C+

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
P/E	9.85×	11.32×	15.07×	18.18×	23.76×	59.04×
P/B	1.31×	1.46×	5.55×	8.72×	16.74×	40.73×
P/S	2.4×	2.94×	3.82×	5.24×	7.65×	20.44×
EV / EBITDA	6.24×	7.42×	10.92×	12.82×	17.31×	42.88×
Gross margin	32.2%	39.4%	36.3%	39.9%	43.9%	46.2%
Operating margin	29.5%	33.3%	33.0%	38.3%	43.4%	46.0%
Net margin	24.3%	26.0%	25.3%	28.8%	32.2%	34.6%
Current ratio	15.89×	20.28×	3.2×	4.47×	8.52×	1.39×
Debt / equity	0.03×	0×	0.01×	0.01×	0×	0×
Interest coverage	83.8×	188.48×	155.13×	739.88×	0×	0×
Dividend yield	1.1%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	11.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
Return on equity	13.3%	12.9%	36.8%	47.9%	70.4%	69.0%
Return on invested capital	11.6%	12.2%	35.3%	46.3%	69.9%	67.3%
Return on assets	12.6%	12.3%	27.5%	40.7%	63.2%	26.3%
Free cash flow yield	-5.3%	-12.1%	2.9%	4.0%	-1.4%	4.1%
Earnings yield	10.1%	8.8%	6.6%	5.5%	4.2%	1.7%
Enterprise value	₹5.2B	₹5.4B	₹9B	₹8.8B	₹9B	₹6.3B
Net debt / EBITDA	-0.95×	-0.84×	-0.14×	-0.51×	-0.26×	-1.76×
Cash conversion cycle (days)	320	385	139	52	44	27