Gujarat Raffia Industries Limited (GUJRAFFIA.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

-749.5%

-₹277.67

vs ₹42.75 price

Levered DCF

₹351.44

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

—

Rating

B-

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	19.49×	40.52×	41.95×	13.16×	16.91×	21.07×	28.85×	10.29×
P/B	0.92×	1×	1.1×	0.67×	0.99×	1.39×	0.57×	0.58×
P/S	0.23×	0.71×	0.73×	0.34×	0.5×	0.65×	0.28×	0.2×
EV / EBITDA	6×	9.2×	10.16×	5.17×	10.12×	9.52×	3.74×	5.51×
Gross margin	7.2%	16.9%	6.6%	7.1%	8.4%	7.4%	11.8%	25.2%
Operating margin	1.2%	1.4%	0.8%	0.5%	2.8%	3.0%	1.5%	3.8%
Net margin	1.2%	1.7%	1.7%	2.6%	2.9%	3.1%	1.0%	1.9%
Current ratio	4.54×	7.17×	4.73×	1.83×	1.8×	2.94×	2.09×	1.37×
Debt / equity	0.08×	0.12×	0.17×	0.62×	0.43×	0.18×	0.08×	0.71×
Interest coverage	4.36×	1.27×	0.54×	0.19×	3.38×	6.07×	1.64×	0×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.8%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	13.8%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	4.7%	2.5%	2.5%	5.1%	5.9%	6.6%	2.0%	5.6%
Return on invested capital	3.6%	1.5%	0.9%	0.5%	3.3%	5.1%	1.6%	5.1%
Return on assets	3.8%	2.1%	2.0%	2.9%	3.4%	4.9%	1.3%	2.5%
Free cash flow yield	22.4%	26.7%	21.9%	12.7%	-45.8%	-3.8%	87.3%	-10.6%
Earnings yield	5.1%	2.5%	2.3%	7.6%	5.9%	4.7%	3.5%	9.7%
Enterprise value	₹181.7M	₹214.5M	₹251M	₹187.2M	₹262.3M	₹274.2M	₹77.2M	₹159M
Net debt / EBITDA	-0.74×	0.11×	0.99×	1.44×	2.82×	0.82×	-0.87×	2.22×
Cash conversion cycle (days)	21	69	136	124	180	101	102	148