Euro Leder Fashion Limited (EUROLED.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

-40.2%

₹16.25

vs ₹27.16 price

Levered DCF

₹78.73

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

—

Rating

B-

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	339×	41.9×	25.26×	19.74×	19.46×	35.19×	15.83×	17.76×
P/B	0.41×	0.55×	0.54×	0.54×	0.41×	0.57×	0.55×	0.56×
P/S	0.22×	0.44×	0.25×	0.19×	0.17×	0.21×	0.13×	0.1×
EV / EBITDA	-317.59×	11.66×	10.45×	14.07×	22.31×	15.47×	48.96×	8.32×
Gross margin	28.0%	52.4%	38.0%	17.8%	19.9%	16.0%	22.4%	21.3%
Operating margin	-1.5%	-2.0%	-0.2%	2.9%	26.6%	-1.7%	15.9%	15.0%
Net margin	0.1%	1.1%	1.0%	1.0%	0.9%	0.6%	0.8%	0.5%
Current ratio	1.02×	1.31×	1.04×	0.96×	0.88×	1.04×	0.93×	0.92×
Debt / equity	0.8×	0.92×	1.34×	1.7×	1.29×	1.43×	1.28×	1.4×
Interest coverage	-0.3×	-0.3×	-0.04×	0.81×	7.4×	-0.48×	11.39×	7.37×
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	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	0.1%	1.3%	2.1%	2.7%	2.1%	1.6%	3.5%	3.1%
Return on invested capital	-0.0%	-1.0%	-0.1%	2.2%	20.3%	-0.8%	17.2%	14.8%
Return on assets	0.0%	0.5%	0.6%	0.7%	0.7%	0.4%	0.9%	0.8%
Free cash flow yield	6.4%	54.0%	79.2%	-43.1%	-20.1%	2.5%	22.4%	-51.5%
Earnings yield	0.3%	2.4%	3.9%	5.1%	5.2%	2.8%	6.3%	5.6%
Enterprise value	₹165.5M	₹215.3M	₹270.8M	₹314.7M	₹244M	₹267.4M	₹250.3M	₹251.4M
Net debt / EBITDA	-201.12×	7.28×	7.45×	10.68×	16.9×	11.07×	34.1×	5.86×
Cash conversion cycle (days)	301	673	244	230	200	172	57	53