Gothi Plascon India Limited (GOTHIPL.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

+21.5%

₹46.81

vs ₹38.54 price

Levered DCF

₹63.06

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

—

Rating

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	19.42×	32.47×	29.4×	20.22×	13.91×	11.89×	3.96×	3.64×
P/B	3.21×	4.73×	3.89×	2.77×	2.04×	1.65×	0.66×	0.76×
P/S	7.2×	12.01×	10.3×	10.31×	8.58×	5.39×	1.91×	2.34×
EV / EBITDA	11.44×	20.87×	18.97×	13.75×	10.07×	8.53×	4.7×	3.32×
Gross margin	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%
Operating margin	54.6%	50.8%	85.4%	112.7%	113.9%	87.9%	64.9%	62.9%
Net margin	37.1%	37.0%	35.0%	51.0%	61.6%	45.3%	48.2%	64.3%
Current ratio	4.23×	4.57×	11.06×	16.36×	22.09×	16.09×	3.38×	10.48×
Debt / equity	0.13×	0.2×	0.21×	0.2×	0.2×	0.18×	0.19×	0.2×
Interest coverage	13.59×	53.39×	53.11×	104.23×	1,084.37×	323.37×	3,776.61×	14,336.93×
Dividend yield	5.8%	3.9%	4.5%	6.1%	4.0%	5.3%	16.9%	0.0%
Payout ratio	112.6%	125.2%	133.0%	123.3%	55.9%	62.9%	66.9%	0.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	16.6%	14.6%	13.2%	13.7%	14.6%	13.9%	16.6%	20.7%
Return on invested capital	12.5%	10.5%	19.6%	18.8%	16.7%	17.0%	13.8%	13.5%
Return on assets	10.4%	9.4%	10.3%	11.0%	11.8%	11.3%	13.8%	16.5%
Free cash flow yield	7.9%	-0.1%	5.1%	6.5%	2.0%	4.9%	19.4%	-7.5%
Earnings yield	5.2%	3.1%	3.4%	4.9%	7.2%	8.4%	25.3%	27.4%
Enterprise value	₹363.3M	₹551.3M	₹474.3M	₹358.2M	₹278.9M	₹212.6M	₹91.7M	₹100M
Net debt / EBITDA	0.37×	0.85×	0.94×	0.91×	0.9×	0.79×	0.97×	0.69×
Cash conversion cycle (days)	8,215	0	0	11,434	2,208	182	0	0