Dhoot Industrial Finance Limited (DHOOTIN.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

-58.4%

₹96.86

vs ₹232.80 price

Levered DCF

-₹49.06

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	4.86×	8.84×	0.87×	3.61×	2.72×	0.69×	-0.62×	17.91×
P/B	0.2×	0.37×	0.3×	0.13×	0.15×	0.13×	0.27×	0.15×
P/S	8.06×	14.83×	3.98×	1.04×	1.67×	2.29×	0.68×	0.64×
EV / EBITDA	3.18×	10.15×	1.06×	8.1×	3.32×	2.23×	-5.5×	11.44×
Gross margin	3.4%	6.1%	0.7%	2.6%	6.1%	15.4%	14.2%	11.4%
Operating margin	-63.1%	413.9%	-18.3%	45.8%	-7.7%	-14.9%	-7.3%	-1.0%
Net margin	165.8%	167.7%	455.5%	28.8%	61.6%	330.6%	-110.2%	3.6%
Current ratio	242.06×	2.37×	1.97×	0.94×	1.12×	0.63×	0.77×	1.02×
Debt / equity	0×	0.13×	0.15×	0.26×	0.18×	0.35×	1.32×	0.15×
Interest coverage	-6.21×	9.62×	-1.16×	3.01×	-0.39×	-0.28×	-0.22×	-5.94×
Dividend yield	1.1%	0.6%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	5.3%	5.0%	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	4.1%	4.2%	34.7%	3.7%	5.5%	18.3%	-44.1%	0.9%
Return on invested capital	-1.2%	9.0%	-1.0%	4.5%	-0.4%	-0.6%	-1.3%	-0.1%
Return on assets	4.0%	3.6%	29.1%	2.8%	4.2%	12.8%	-16.1%	0.7%
Free cash flow yield	-68.7%	-9.4%	-43.1%	24.6%	-27.8%	204.6%	-49.8%	-56.5%
Earnings yield	20.6%	11.3%	114.3%	27.7%	36.8%	144.1%	-161.7%	5.6%
Enterprise value	₹765.8M	₹2.2B	₹1.9B	₹1.1B	₹1.1B	₹859.4M	₹564.5M	₹362.7M
Net debt / EBITDA	-0.45×	2.57×	0.34×	5.36×	1.83×	1.63×	-4.56×	5.55×
Cash conversion cycle (days)	35	34	13	-32	-40	-104	22	44