EKI Energy Services Limited (EKI.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

-6.8%

₹70.26

vs ₹75.37 price

Levered DCF

₹49.93

After debt service

Piotroski score

1 / 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	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	-10.52×	181.21×	-7.06×	12.43×	14.08×	3.97×	22.41×	147×
P/B	0.42×	0.67×	2.3×	2.84×	13.18×	4.06×	16.28×	61.4×
P/S	1.82×	0.64×	3.47×	1.16×	3×	0.53×	1.53×	5.11×
EV / EBITDA	-5.57×	10.74×	-7.23×	8.67×	10.42×	3.4×	15.89×	97.53×
Gross margin	-1.5%	13.9%	-29.3%	24.5%	35.4%	16.9%	12.2%	11.2%
Operating margin	-38.9%	-4.1%	-52.0%	12.5%	28.8%	13.5%	9.0%	4.9%
Net margin	-17.3%	0.4%	-49.1%	8.1%	21.3%	9.8%	6.8%	3.4%
Current ratio	18.3×	9.97×	8.19×	5.51×	3.51×	2.38×	1.33×	1.58×
Debt / equity	0.01×	0×	0.01×	0.13×	0.01×	0.06×	0.17×	0.77×
Interest coverage	-54.36×	-16.93×	-45.22×	28.3×	859.61×	101.79×	66.65×	12.44×
Dividend yield	0.0%	2.1%	0.0%	0.9%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	384.6%	0.0%	13.2%	0.2%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-3.9%	0.4%	-32.6%	19.9%	93.6%	75.1%	72.7%	41.3%
Return on invested capital	-6.3%	18.3%	-22.1%	14.4%	93.5%	73.0%	61.8%	24.0%
Return on assets	-2.7%	0.2%	-19.5%	11.7%	68.2%	47.2%	30.8%	16.5%
Free cash flow yield	-18.5%	16.2%	14.9%	4.0%	0.4%	14.8%	4.4%	0.0%
Earnings yield	-9.5%	0.6%	-14.2%	7.0%	7.1%	18.5%	4.5%	0.7%
Enterprise value	₹490.4M	₹1.9B	₹8.7B	₹15.2B	₹53.8B	₹869.1M	₹1B	₹1B
Net debt / EBITDA	12.35×	-3.98×	0.32×	0.18×	-0.01×	-0.55×	-0.14×	0.62×
Cash conversion cycle (days)	296	99	177	128	74	2	-8	41