Dynamic Portfolio Management & Services Limited (DYNAMICP.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

-85.4%

₹2.47

vs ₹16.97 price

Levered DCF

₹2.13

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

4.34

Safe zone

Rating

Overall 3 / 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	FY2018
P/E	56.26×	382.5×	6,968.75×	-38.47×	154.91×	29.93×	14.36×	19.09×
P/B	2.28×	3.81×	6.61×	2.21×	1.59×	0.39×	0.15×	0.2×
P/S	35.24×	58.15×	73.67×	23.35×	21.55×	5.37×	1.56×	3.14×
EV / EBITDA	51.84×	273.62×	5,091.34×	-87.65×	57.58×	32.45×	16.24×	20.95×
Gross margin	58.2%	71.3%	65.2%	60.1%	75.8%	52.8%	58.1%	58.8%
Operating margin	69.6%	21.4%	1.4%	-33.3%	40.3%	23.8%	28.0%	22.5%
Net margin	62.4%	15.8%	1.0%	-61.0%	14.0%	17.6%	10.5%	16.7%
Current ratio	230.98×	429.08×	27.78×	98.6×	184.04×	379.41×	215.41×	297.9×
Debt / equity	0.06×	0.05×	0.02×	0.63×	0.14×	0.19×	0.32×	0.17×
Interest coverage	0×	0×	0×	0×	0×	1.01×	1.44×	8.71×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.9%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	4.0%	1.0%	0.1%	-5.8%	1.0%	1.3%	1.0%	1.1%
Return on invested capital	3.6%	0.9%	0.1%	-1.8%	2.6%	1.1%	1.5%	0.9%
Return on assets	3.5%	0.9%	0.1%	-3.3%	0.9%	1.1%	0.8%	1.0%
Free cash flow yield	1.0%	-0.8%	0.6%	0.7%	1.4%	3.2%	-18.1%	25.8%
Earnings yield	1.8%	0.3%	0.0%	-2.6%	0.6%	3.3%	6.7%	5.3%
Enterprise value	₹291.3M	₹460.8M	₹784.1M	₹324.9M	₹215.9M	₹70.8M	₹54.1M	₹37.2M
Net debt / EBITDA	1.26×	3.33×	12.15×	-17.28×	4.43×	10×	10.69×	7.11×
Cash conversion cycle (days)	908	7,271	1,045	892	1,376	6,170	617	969