Godavari Biorefineries Ltd. (GODAVARIB.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

-189.2%

-₹191.50

vs ₹214.70 price

Levered DCF

-₹90.00

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

—

Rating

C-

Overall 1 / 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	431.09×	-30.28×	143×	89.38×	92.01×	53.04×	343.2×	235.07×
P/B	1.93×	0.91×	3.51×	3.59×	3.71×	3.17×	3.27×	3.63×
P/S	0.77×	0.38×	1.04×	0.87×	1.03×	0.94×	0.96×	0.84×
EV / EBITDA	18.67×	10.58×	16.8×	16.64×	17.75×	12.7×	19.14×	15.71×
Gross margin	18.7%	16.8%	19.6%	18.8%	19.0%	29.2%	24.5%	25.7%
Operating margin	3.7%	3.2%	4.4%	5.1%	5.2%	23.7%	4.2%	19.7%
Net margin	0.2%	-1.3%	0.7%	1.0%	1.1%	1.8%	0.3%	0.4%
Current ratio	1.13×	1.16×	0.97×	1.07×	1.07×	1.07×	0.74×	0.75×
Debt / equity	0.67×	0.63×	1.31×	1.5×	1.34×	1.25×	1.38×	2.21×
Interest coverage	1.48×	0.93×	1.06×	1.53×	1.62×	0×	0.89×	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	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	0.4%	-3.0%	2.5%	4.0%	4.0%	6.0%	1.0%	1.5%
Return on invested capital	4.1%	4.5%	6.2%	5.0%	4.7%	20.7%	4.5%	22.9%
Return on assets	0.2%	-1.2%	0.6%	1.1%	1.1%	1.9%	0.3%	0.3%
Free cash flow yield	-2.9%	-9.2%	7.4%	-1.2%	-0.3%	8.2%	16.0%	16.7%
Earnings yield	0.2%	-3.3%	0.7%	1.1%	1.1%	1.9%	0.3%	0.4%
Enterprise value	₹20.2B	₹11.9B	₹24B	₹24.7B	₹23.8B	₹20B	₹19.8B	₹20.9B
Net debt / EBITDA	4.61×	4.25×	4.51×	4.81×	4.66×	3.57×	5.64×	5.92×
Cash conversion cycle (days)	67	79	91	64	58	54	39	79