Gujarat Hy-Spin Limited (GUJHYSPIN.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

-65.9%

₹3.36

vs ₹9.87 price

Levered DCF

₹63.88

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

3.02

Safe zone

Rating

D+

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	242.71×	340.72×	114×	-36.72×	73.53×	188.54×	89.29×	221.24×
P/B	0.6×	1.73×	1×	1.05×	1.08×	1.1×	1.1×	1.12×
P/S	0.14×	0.36×	0.21×	0.33×	0.3×	0.42×	0.46×	0.35×
EV / EBITDA	7.87×	14.97×	9.14×	10.41×	8.34×	7.28×	7.3×	8.08×
Gross margin	21.0%	19.4%	18.3%	19.6%	19.1%	24.5%	23.4%	19.9%
Operating margin	0.3%	-1.3%	-1.4%	-2.2%	2.9%	6.6%	7.1%	4.7%
Net margin	0.1%	0.1%	0.2%	-0.9%	0.4%	0.2%	0.5%	0.2%
Current ratio	1.24×	1.46×	1.38×	1.33×	1.34×	1.45×	1.15×	1.25×
Debt / equity	0.72×	0.47×	0.51×	0.6×	0.72×	1.09×	1.21×	1.49×
Interest coverage	0.21×	-1.2×	-1.16×	-1×	1.31×	1.11×	1.07×	1.07×
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	0.2%	0.5%	0.9%	-2.9%	1.5%	0.6%	1.2%	0.5%
Return on invested capital	0.6%	-3.2%	-4.5%	-3.6%	4.0%	3.2%	7.7%	6.0%
Return on assets	0.1%	0.3%	0.5%	-1.6%	0.8%	0.3%	0.4%	0.2%
Free cash flow yield	20.3%	5.6%	13.2%	17.8%	38.9%	25.3%	39.8%	22.9%
Earnings yield	0.4%	0.3%	0.9%	-2.7%	1.4%	0.5%	1.1%	0.5%
Enterprise value	₹239.8M	₹418.4M	₹286.2M	₹311M	₹344.2M	₹410.7M	₹433.2M	₹487.3M
Net debt / EBITDA	4.12×	3.12×	3.04×	3.77×	3.27×	3.57×	3.77×	4.61×
Cash conversion cycle (days)	69	63	71	105	92	189	248	171