Gourmet Gateway India Ltd (GOURMET.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

+2627.7%

₹261.86

vs ₹9.60 price

Levered DCF

-₹112.51

After debt service

Piotroski score

8 / 9

Strong

Altman Z-score

1.73

Distress zone

Rating

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	-241.33×	-414.33×	119.62×	100.65×	-437.59×	640.66×	728.97×	2,294.12×
P/B	1.72×	3.08×	10.56×	15.25×	18.29×	17.64×	18.11×	18.58×
P/S	0.57×	1×	3.75×	2.22×	1,490.6×	1,497.67×	269.55×	275.13×
EV / EBITDA	5.63×	9.05×	24.32×	14.37×	15.59×	-384.19×	469.04×	533.44×
Gross margin	43.7%	31.4%	52.3%	20.3%	58306.1%	402.5%	66.5%	80.0%
Operating margin	4.0%	3.3%	3.6%	6.1%	-388.3%	-388.3%	57.4%	51.3%
Net margin	-0.2%	-0.2%	3.0%	2.1%	-340.5%	233.5%	37.0%	12.0%
Current ratio	0.5×	0.5×	0.51×	0.52×	0.08×	5.58×	5.43×	10.42×
Debt / equity	1.27×	1.27×	1.39×	3.67×	24.57×	0×	0×	0×
Interest coverage	0.86×	0.72×	0.54×	1.67×	-1,092.39×	-4,987.49×	950×	1,322.06×
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	-0.7%	-0.7%	8.5%	14.5%	-4.2%	2.8%	2.5%	0.8%
Return on invested capital	2.0%	1.7%	3.3%	4.5%	0.7%	-4.6%	2.8%	3.2%
Return on assets	-0.2%	-0.2%	2.7%	1.7%	-4.1%	2.7%	2.5%	0.8%
Free cash flow yield	20.6%	11.5%	2.4%	1.2%	-0.4%	0.2%	0.1%	0.3%
Earnings yield	-0.4%	-0.2%	0.8%	1.0%	-0.2%	0.2%	0.1%	0.0%
Enterprise value	₹1.8B	₹2.7B	₹6.7B	₹4B	₹2.1B	₹904.4M	₹905.9M	₹902.7M
Net debt / EBITDA	2.3×	2.51×	2.64×	2.65×	8.78×	1.49×	-0.35×	-3.08×
Cash conversion cycle (days)	-35	-26	-36	120	-13	6	-4	-7