Gautam Gems Limited (GGL.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

+521.5%

₹18.64

vs ₹3.00 price

Levered DCF

₹2.39

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

—

Rating

B-

Overall 3 / 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	15×	58.02×	116.75×	184.5×	24.6×	104.82×	84.15×	487×
P/B	0.2×	0.32×	0.88×	2.66×	0.9×	2.57×	3.57×	6.45×
P/S	0.13×	0.21×	0.44×	0.71×	0.07×	0.38×	0.15×	1.92×
EV / EBITDA	23.32×	27.62×	50.62×	78.54×	17.65×	75.36×	194.67×	246.46×
Gross margin	1.4%	1.1%	2.0%	2.3%	1.1%	0.9%	0.3%	1.8%
Operating margin	0.8%	0.8%	0.6%	0.8%	0.5%	0.2%	0.0%	0.6%
Net margin	0.9%	0.4%	0.4%	0.4%	0.3%	0.4%	0.2%	0.4%
Current ratio	3.28×	3.52×	3.17×	1.93×	1.35×	1.5×	8.81×	8.78×
Debt / equity	0.11×	0.12×	0.08×	0.25×	0.57×	0.42×	0.05×	0.01×
Interest coverage	2.4×	1.78×	1.75×	2.25×	3.27×	4.12×	56.23×	119.18×
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%	0.6%	0.7%	1.4%	3.6%	2.5%	4.2%	1.4%
Return on invested capital	0.8%	0.7%	0.8%	1.7%	2.9%	0.9%	0.8%	1.5%
Return on assets	0.9%	0.4%	0.5%	0.7%	1.1%	0.9%	3.8%	1.2%
Free cash flow yield	-6.0%	-13.2%	53.3%	-13.9%	3.3%	-2.2%	-0.8%	0.2%
Earnings yield	6.7%	1.7%	0.9%	0.5%	4.1%	1.0%	1.2%	0.2%
Enterprise value	₹159.6M	₹227.4M	₹488.7M	₹714.1M	₹205.7M	₹415M	₹483.7M	₹834.3M
Net debt / EBITDA	7.95×	7.6×	4.35×	6.68×	6.65×	10.47×	-0×	-1.05×
Cash conversion cycle (days)	259	259	192	113	41	68	9	99