DreamFolks Services Limited (DREAMFOLKS.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

+234.1%

₹202.26

vs ₹60.54 price

Levered DCF

₹101.93

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	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	26.35×	18.8×	38.15×	31.01×	148.68×	-1,651.43×	76.3×	158.36×
P/B	0.97×	4.14×	11.14×	14.35×	29.4×	37.58×	36.88×	70.71×
P/S	0.46×	0.96×	2.32×	2.91×	8.55×	22.87×	6.58×	9.73×
EV / EBITDA	12.22×	12.31×	26.82×	21.89×	101.16×	1,151.34×	52.51×	102×
Gross margin	4.1%	8.0%	9.5%	16.5%	16.0%	17.1%	18.4%	10.3%
Operating margin	-0.1%	6.6%	9.2%	12.3%	7.4%	-1.2%	12.0%	9.1%
Net margin	1.7%	5.1%	6.1%	9.4%	5.8%	-1.4%	8.6%	6.2%
Current ratio	6.98×	2.54×	2.3×	1.93×	1.65×	1.27×	1.71×	1.39×
Debt / equity	0.04×	0.04×	0.03×	0.05×	0.1×	0.15×	0.05×	0.06×
Interest coverage	-0.3×	23.68×	131.33×	74.25×	15.53×	-1.73×	138.84×	57.03×
Dividend yield	0.0%	0.6%	0.1%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	12.2%	3.8%	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	3.7%	21.7%	29.2%	46.3%	19.8%	-2.3%	48.4%	44.7%
Return on invested capital	-0.2%	19.4%	31.5%	42.5%	18.1%	-1.7%	45.1%	42.2%
Return on assets	3.0%	13.1%	16.5%	22.5%	9.6%	-1.2%	23.0%	17.1%
Free cash flow yield	5.9%	4.5%	0.8%	2.2%	-0.8%	-1.2%	0.6%	0.7%
Earnings yield	3.8%	5.3%	2.6%	3.2%	0.7%	-0.1%	1.3%	0.6%
Enterprise value	₹2.7B	₹12B	₹26.1B	₹22.4B	₹24.2B	₹24.2B	₹23.9B	₹24.1B
Net debt / EBITDA	-1.64×	-0.49×	-0.23×	-0.11×	0.3×	-0.26×	-0.64×	-0.28×
Cash conversion cycle (days)	54	33	30	19	14	34	7	7