Envair Electrodyne Limited (ENVAIREL.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

-74.9%

₹13.26

vs ₹52.84 price

Levered DCF

₹13.39

After debt service

Piotroski score

3 / 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	191.57×	-97.5×	-122.05×	4.73×	-13.25×	-9.03×	-5.57×	-3.91×
P/B	2.55×	5.48×	12.9×	3.37×	4.13×	4.47×	1.73×	4.6×
P/S	0×	58.93×	250.28×	29.57×	2.2×	18.33×	2.39×	3.75×
EV / EBITDA	123.9×	59.36×	-99.13×	3.58×	-21.83×	-11.98×	-5.64×	-5.01×
Gross margin	0.0%	100.0%	3.6%	-20.6%	6.0%	17.8%	37.9%	32.9%
Operating margin	0.0%	85.9%	-338.7%	-94.9%	-8.4%	-185.7%	2.0%	-85.0%
Net margin	0.0%	-60.4%	-205.1%	625.6%	-16.6%	-203.1%	-42.9%	-96.1%
Current ratio	14.04×	14.73×	17.6×	7.1×	2.6×	3.27×	3.72×	1.66×
Debt / equity	0×	0×	0×	0×	1.12×	0.77×	0.46×	0.22×
Interest coverage	0×	3×	-15.17×	-52.71×	-4.42×	-31.89×	1.17×	-52.41×
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	1.3%	-5.6%	-10.6%	71.4%	-31.2%	-49.5%	-31.1%	-117.7%
Return on invested capital	-4.8%	-20.5%	-13.0%	-8.5%	-7.4%	-25.6%	1.0%	-84.6%
Return on assets	1.2%	-5.2%	-10.1%	61.6%	-11.0%	-22.7%	-17.4%	-65.5%
Free cash flow yield	0.0%	-0.1%	6.3%	-30.0%	-17.6%	-15.6%	-18.9%	-5.3%
Earnings yield	0.5%	-1.0%	-0.8%	21.2%	-7.5%	-11.1%	-18.0%	-25.6%
Enterprise value	₹143.3M	₹453.5M	₹935.8M	₹284M	₹128.8M	₹168.9M	₹69.5M	₹132.8M
Net debt / EBITDA	-54.1×	-0.02×	6.18×	-0.04×	-4.54×	-1.7×	1.12×	-0.22×
Cash conversion cycle (days)	0	78	13	442	85	430	151	132