Ashtasidhhi Industries Limited (GUJINV.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

-5141.4%

-₹695.71

vs ₹13.80 price

Levered DCF

-₹380.73

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

—

Rating

D+

Overall 1 / 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	147.57×	431.69×	-24.21×	150.67×	110×	90×	8.26×	80.8×
P/B	1.16×	1.16×	0.93×	0.59×	0.31×	0.26×	0.25×	0.3×
P/S	1.77×	7.62×	32.2×	23.77×	9.36×	15.57×	6.14×	16.37×
EV / EBITDA	-153.44×	155.82×	-23.26×	81.25×	77.53×	44.09×	7.76×	70.05×
Gross margin	2.3%	10.1%	-109.1%	51.1%	32.3%	81.5%	97.8%	71.6%
Operating margin	-1.1%	4.9%	-137.6%	19.5%	11.9%	35.1%	82.4%	26.5%
Net margin	1.2%	1.8%	-133.0%	15.8%	8.9%	16.5%	73.8%	21.4%
Current ratio	1.7×	7.55×	56.49×	48.12×	54.67×	38.31×	57.46×	33.92×
Debt / equity	0.01×	0×	0×	0×	0×	0×	0.02×	0.04×
Interest coverage	0×	0×	-4,223.12×	2,102.68×	1,704.26×	796.04×	1,332.84×	557.37×
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	0.8%	0.3%	-3.8%	0.4%	0.3%	0.3%	3.0%	0.4%
Return on invested capital	-0.3%	0.5%	-4.0%	0.4%	0.3%	0.3%	2.9%	0.4%
Return on assets	0.5%	0.3%	-3.8%	0.4%	0.3%	0.3%	2.9%	0.4%
Free cash flow yield	1.2%	-0.0%	-13.8%	-0.4%	0.5%	-1.7%	-11.7%	-4.0%
Earnings yield	0.7%	0.2%	-4.1%	0.7%	0.9%	1.1%	12.0%	1.3%
Enterprise value	₹116.6M	₹118M	₹93.7M	₹61.8M	₹32.7M	₹26.8M	₹27.1M	₹34.4M
Net debt / EBITDA	2.87×	-0.93×	0.15×	-0.82×	-0.85×	-0.31×	0.31×	8.34×
Cash conversion cycle (days)	159	615	3,542	3,048	2,373	4,878	-425	-131