Everest Industries Limited (EVERESTIND.NS) 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

-200.6%

-₹450.40

vs ₹447.50 price

Levered DCF

-₹750.39

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

2.13

Grey zone

Rating

B-

Overall 2 / 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	-4.52×	-200.79×	95.12×	28.02×	25.28×	7.95×	15.3×	11.79×
P/B	0.93×	1.21×	2.87×	2.04×	2.06×	0.88×	0.46×	1.62×
P/S	0.32×	0.42×	1.1×	0.72×	0.82×	0.37×	0.16×	0.52×
EV / EBITDA	-16.89×	32.72×	26.32×	15.39×	10.9×	3.4×	5.62×	7.21×
Gross margin	24.3%	40.3%	35.6%	41.9%	20.2%	23.1%	37.2%	39.4%
Operating margin	-5.6%	-0.5%	1.1%	29.8%	3.5%	8.0%	1.8%	6.2%
Net margin	-7.2%	-0.2%	1.2%	2.6%	3.2%	4.6%	1.1%	4.4%
Current ratio	1.18×	1.38×	1.4×	1.43×	1.39×	1.24×	1.34×	1.33×
Debt / equity	0.46×	0.44×	0.16×	0.19×	0.1×	0.02×	0.17×	0.2×
Interest coverage	-2.61×	-0.36×	1.35×	15.6×	15.01×	25.05×	4.09×	11.29×
Dividend yield	0.9%	0.5%	0.6%	0.8%	1.0%	0.4%	6.8%	1.4%
Payout ratio	-3.9%	-109.4%	52.5%	22.3%	26.5%	2.9%	104.6%	16.4%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	-20.6%	-0.6%	3.0%	7.3%	8.1%	11.1%	3.0%	13.7%
Return on invested capital	-9.8%	-0.6%	2.0%	67.4%	5.0%	11.1%	2.7%	11.3%
Return on assets	-8.4%	-0.3%	1.5%	3.7%	4.2%	6.1%	1.6%	6.9%
Free cash flow yield	14.1%	-23.6%	3.3%	-17.0%	-0.1%	55.2%	11.5%	1.0%
Earnings yield	-22.1%	-0.5%	1.1%	3.6%	4.0%	12.6%	6.5%	8.5%
Enterprise value	₹6.4B	₹9.8B	₹17.4B	₹12.9B	₹10.7B	₹4.1B	₹2.8B	₹8B
Net debt / EBITDA	-4.79×	8.53×	0.49×	1.2×	-0.44×	-0.33×	1.51×	0.64×
Cash conversion cycle (days)	84	128	102	156	98	71	99	95