Glance Finance Limited (GLANCE.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

-178.8%

-₹149.95

vs ₹190.30 price

Levered DCF

₹202.56

After debt service

Piotroski score

2 / 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	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	8.7×	12.88×	9.65×	-37.01×	6.94×	9.33×	54.81×	-97.09×
P/B	0.86×	0.67×	0.52×	0.43×	0.6×	0.59×	0.43×	0.47×
P/S	1.66×	1.27×	0.91×	1.62×	2.06×	3.07×	1.2×	2.84×
EV / EBITDA	3.88×	3.11×	2.39×	4.47×	4.03×	4.48×	-28.71×	-35.5×
Gross margin	15.0%	40.9%	43.2%	73.0%	92.1%	99.1%	7.4%	-3.0%
Operating margin	24.3%	17.7%	19.6%	10.9%	51.2%	65.9%	-6.2%	-8.4%
Net margin	19.0%	9.9%	9.2%	-4.4%	29.8%	32.9%	2.2%	-2.9%
Current ratio	0.77×	13.8×	4.16×	2.32×	3.66×	12.82×	16.4×	617.69×
Debt / equity	0.02×	0.08×	0.2×	0.55×	0.42×	0.14×	0.11×	0×
Interest coverage	20.17×	7.7×	3.68×	0.72×	5.23×	14.4×	-23.98×	0×
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	9.9%	5.2%	5.3%	-1.2%	8.7%	6.3%	0.8%	-0.5%
Return on invested capital	9.3%	4.5%	5.3%	1.6%	7.0%	5.6%	0.7%	-0.5%
Return on assets	9.1%	4.4%	4.1%	-0.7%	5.6%	5.1%	0.7%	-0.5%
Free cash flow yield	13.1%	39.8%	25.6%	-47.3%	-65.8%	-7.5%	-0.6%	12.3%
Earnings yield	11.5%	7.8%	10.2%	-2.7%	14.4%	10.7%	1.8%	-1.0%
Enterprise value	₹432M	₹333.5M	₹252.6M	₹243.6M	₹244.4M	₹134.8M	₹77.4M	₹92.7M
Net debt / EBITDA	0.03×	0.33×	0.58×	2.48×	1.63×	0.55×	-4.87×	0.56×
Cash conversion cycle (days)	9	16	39	497	1,774	24,536	198	1,539