Gujarat Alkalies and Chemicals Limited (GUJALKALI.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

-106.2%

-₹34.38

vs ₹557.00 price

Levered DCF

-₹19.72

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

—

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	-1,791.82×	-63.78×	-21.87×	10.49×	11.76×	15.28×	4.93×	5.33×
P/B	0.83×	0.69×	0.85×	0.7×	1.12×	0.47×	0.36×	0.86×
P/S	0.99×	1.02×	1.37×	0.95×	1.78×	1.08×	0.6×	1.17×
EV / EBITDA	9.47×	12.71×	46.72×	3.84×	6.67×	6.3×	2.7×	3.18×
Gross margin	13.8%	30.4%	16.4%	66.6%	61.8%	55.5%	61.5%	69.7%
Operating margin	-0.2%	21.3%	-6.2%	19.2%	21.5%	7.1%	15.6%	31.1%
Net margin	-0.1%	-1.6%	-6.3%	9.1%	15.2%	7.0%	12.3%	21.9%
Current ratio	1.19×	1.13×	1.23×	1.68×	1.49×	1.78×	2.6×	3.17×
Debt / equity	0.11×	0.09×	0.09×	0.1×	0.1×	0.09×	0.04×	0.06×
Interest coverage	-0.15×	17.16×	-5.47×	48.34×	166.65×	11.83×	33.02×	48.9×
Dividend yield	2.7%	2.5%	3.3%	1.7%	0.9%	2.3%	4.3%	1.6%
Payout ratio	-4827.0%	-156.9%	-73.2%	18.0%	10.5%	35.5%	21.4%	8.3%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	-0.0%	-1.1%	-3.9%	6.7%	9.5%	3.1%	7.2%	16.1%
Return on invested capital	0.0%	10.4%	-2.5%	6.7%	7.4%	1.8%	5.3%	13.1%
Return on assets	-0.0%	-0.8%	-3.0%	4.9%	7.0%	2.3%	5.6%	12.5%
Free cash flow yield	3.4%	1.3%	-3.2%	6.4%	-2.6%	-14.8%	3.4%	12.3%
Earnings yield	-0.1%	-1.6%	-4.6%	9.5%	8.5%	6.5%	20.3%	18.8%
Enterprise value	₹47.2B	₹45.8B	₹55.7B	₹44.4B	₹68.8B	₹26.7B	₹18B	₹37.4B
Net debt / EBITDA	0.81×	1.18×	3.27×	0.12×	0.29×	0.34×	0.24×	0.05×
Cash conversion cycle (days)	30	21	21	19	31	4	26	30