Ekam Leasing and Finance Co. Ltd. (EKAMLEA.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

-134.5%

-₹3.08

vs ₹8.93 price

Levered DCF

-₹3.23

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

—

Rating

C-

Overall 1 / 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	-0.77×	-3.95×	4.49×	-20.4×	14.57×	11.77×	-10.37×	12.49×
P/B	0.82×	0.48×	0.32×	0.45×	0.43×	0.45×	0.46×	0.44×
P/S	41.37×	9.65×	3.93×	5.42×	5.83×	7.06×	7.45×	4.19×
EV / EBITDA	-1.13×	-5.59×	4.23×	-21.93×	13.85×	18.63×	-18.31×	32.42×
Gross margin	-241.7%	38.7%	69.1%	72.4%	72.1%	69.4%	57.6%	66.2%
Operating margin	-5799.7%	-232.3%	117.7%	-34.1%	55.5%	47.5%	25.5%	51.2%
Net margin	-5366.3%	-244.3%	87.1%	-26.6%	40.3%	59.5%	-72.3%	33.7%
Current ratio	158.34×	217.36×	5.77×	6.07×	6.66×	7.1×	5.09×	5.28×
Debt / equity	0.49×	0.22×	0.18×	0.17×	0.15×	0.14×	0.22×	0.21×
Interest coverage	0×	-99.27×	244.46×	-41.5×	112.81×	65.03×	22.45×	67.3×
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%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	-107.0%	-12.3%	7.1%	-2.2%	3.0%	3.8%	-4.5%	3.6%
Return on invested capital	-52.0%	-8.8%	5.7%	-1.7%	2.6%	2.6%	1.3%	4.5%
Return on assets	-49.2%	-9.4%	5.9%	-1.7%	2.6%	3.2%	-3.7%	2.9%
Free cash flow yield	-27.9%	-16.6%	23.7%	-0.1%	-0.1%	-0.3%	-20.6%	-66.7%
Earnings yield	-129.7%	-25.3%	22.2%	-4.9%	6.9%	8.4%	-9.7%	8.0%
Enterprise value	₹50M	₹54.9M	₹37.1M	₹50.8M	₹49.3M	₹48.1M	₹53.6M	₹52.9M
Net debt / EBITDA	-0.41×	-1.68×	0.97×	-5.98×	3.55×	4.42×	-5.76×	9.91×
Cash conversion cycle (days)	0	0	0	4,088	4,157	4,758	5,018	0