Diggi Multitrade Limited (DML.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

-2.6%

₹8.03

vs ₹8.25 price

Levered DCF

-₹0.74

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

3.65

Safe zone

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	FY2019
P/E	-83.33×	-121.67×	-89.29×	-280.56×	421.05×	115.1×	-401.19×
P/B	1.04×	1.38×	2.34×	2.24×	1.67×	0.54×	0.93×
P/S	91.68×	6.86×	0×	594.08×	2.46×	54.27×	13.74×
EV / EBITDA	-98.38×	-139.69×	-87.29×	-368.67×	271.15×	-613.63×	-93.17×
Gross margin	-15.6%	6.8%	0.0%	100.0%	0.9%	100.0%	17.0%
Operating margin	-181.6%	-4.0%	0.0%	-220.3%	-0.8%	-109.7%	-14.8%
Net margin	-114.2%	-5.8%	0.0%	-211.8%	0.6%	47.2%	-3.4%
Current ratio	9.56×	9.9×	32.22×	62.9×	56.97×	14.07×	13.49×
Debt / equity	0.08×	0.07×	0×	0×	0×	0×	0×
Interest coverage	-98.95×	0×	0×	0×	0×	-1,501.96×	-6,759.59×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	-1.3%	-1.2%	-2.7%	-0.8%	0.4%	0.5%	-0.2%
Return on invested capital	-1.9%	-0.7%	-0.3%	-0.8%	-0.4%	-1.0%	-0.5%
Return on assets	-1.1%	-1.0%	-2.6%	-0.8%	0.4%	0.4%	-0.2%
Free cash flow yield	-0.5%	-5.1%	-0.1%	0.0%	-0.2%	-0.1%	-2.7%
Earnings yield	-1.2%	-0.8%	-1.1%	-0.4%	0.2%	0.9%	-0.2%
Enterprise value	₹112.6M	₹148.5M	₹241.9M	₹237.4M	₹177.9M	₹56.4M	₹98.2M
Net debt / EBITDA	-6.78×	-6.77×	0.03×	0.32×	-0.29×	5.84×	0×
Cash conversion cycle (days)	31,510	1,737	0	86,615	464	8,365	5,252