Gini Silk Mills Limited (GINISILK.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

+34.9%

₹76.86

vs ₹56.99 price

Levered DCF

-₹46.83

After debt service

Piotroski score

2 / 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	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	15.56×	26.84×	13.56×	11.52×	64.33×	-67×	10.25×	31.36×
P/B	0.48×	0.98×	0.86×	0.41×	0.57×	0.92×	0.47×	0.84×
P/S	0.63×	1.22×	0.94×	0.38×	0.78×	2.23×	0.53×	0.91×
EV / EBITDA	7.66×	12.88×	8.82×	6.61×	17.53×	-30.07×	6.85×	14.34×
Gross margin	55.4%	5.4%	8.3%	19.1%	16.1%	18.0%	9.4%	23.3%
Operating margin	-0.6%	0.3%	2.7%	56.9%	-5.0%	46.7%	3.4%	0.1%
Net margin	4.1%	4.5%	6.9%	3.3%	1.2%	-3.3%	5.2%	2.9%
Current ratio	1.88×	2.02×	1.13×	1.21×	1.14×	2.68×	2.42×	2.71×
Debt / equity	0.06×	0.09×	0.18×	0.2×	0.2×	0.12×	0.14×	0.17×
Interest coverage	-0.81×	0.25×	1.54×	37.96×	-9.28×	21.79×	3.15×	0.05×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	3.5%	1.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	35.9%	31.6%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	3.1%	3.6%	6.4%	3.6%	0.9%	-1.4%	4.6%	2.7%
Return on invested capital	-0.3%	0.2%	1.7%	40.1%	-2.4%	11.6%	2.3%	0.0%
Return on assets	2.5%	2.9%	4.7%	2.5%	0.6%	-1.1%	3.5%	2.0%
Free cash flow yield	8.7%	0.0%	7.7%	-0.5%	-28.7%	-2.5%	11.9%	-5.7%
Earnings yield	6.4%	3.7%	7.4%	8.7%	1.6%	-1.5%	9.7%	3.2%
Enterprise value	₹279.3M	₹529.1M	₹498M	₹260.4M	₹326.5M	₹421M	₹249.1M	₹400.9M
Net debt / EBITDA	0.89×	1×	1.53×	2.14×	4.57×	-3.31×	1.55×	2.36×
Cash conversion cycle (days)	54	72	95	81	5	131	89	20