Gujarat Credit Corporation Ltd. (GUJCRED.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

-139.4%

-₹7.48

vs ₹19.00 price

Levered DCF

-₹7.47

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

1.34

Distress zone

Rating

C+

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	753.94×	-32.04×	-157×	588.24×	28.52×	-17.86×	130.63×	40.42×
P/B	5.48×	2.24×	1.25×	1.22×	3.06×	0.28×	6.39×	0.66×
P/S	0×	165×	76.26×	113.33×	164.12×	9.71×	40.89×	16.84×
EV / EBITDA	4,324.55×	-143.28×	1,520.34×	926.66×	765.49×	182.95×	515.5×	96.44×
Gross margin	0.0%	99.3%	99.2%	97.7%	99.3%	95.9%	100.0%	100.0%
Operating margin	0.0%	28.6%	41.1%	7.4%	50.0%	65.1%	15.2%	79.2%
Net margin	0.0%	-512.7%	-48.1%	19.3%	575.2%	-54.4%	31.3%	41.4%
Current ratio	0.01×	0×	2.72×	4.83×	2.08×	3.79×	0.84×	0.46×
Debt / equity	1.64×	0.99×	1.35×	1.33×	1.25×	1.4×	9.86×	1.39×
Interest coverage	0×	0×	0×	12.33×	260×	493.35×	0×	340.06×
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%	-7.0%	-0.8%	0.2%	10.7%	-1.6%	4.9%	1.6%
Return on invested capital	-0.8%	0.2%	0.3%	0.0%	0.4%	0.8%	0.1%	0.9%
Return on assets	0.3%	-2.7%	-0.3%	0.1%	4.7%	-0.7%	0.3%	0.7%
Free cash flow yield	-10.0%	17.6%	-1.3%	-6.1%	0.2%	-6.0%	-0.1%	1.9%
Earnings yield	0.1%	-3.1%	-0.6%	0.2%	3.5%	-5.6%	0.8%	2.5%
Enterprise value	₹808.7M	₹404.8M	₹360.3M	₹355.8M	₹600.9M	₹210M	₹288.3M	₹256.9M
Net debt / EBITDA	998.34×	-43.98×	788.34×	483.95×	221.93×	152.09×	312.62×	65.48×
Cash conversion cycle (days)	0	-9,764	-7,026	-1,616	-5,883	-620	0	0