Haryana Capfin Limited (HARYNACAP.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

+443.8%

₹717.78

vs ₹132.00 price

Levered DCF

₹88.78

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

—

Rating

—

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	7.22×	18.07×	30.22×	17.14×	26.33×	19.25×	7.8×	11.68×
P/B	0.24×	0.28×	0.21×	0.15×	0.2×	0.18×	0.22×	0.17×
P/S	10.96×	13.06×	19.39×	9.8×	13.94×	9.25×	5.94×	8.86×
EV / EBITDA	16.49×	13.74×	22.49×	12.56×	19.66×	13.99×	7.52×	11.13×
Gross margin	90.1%	92.9%	89.1%	82.7%	78.8%	73.0%	84.0%	84.6%
Operating margin	86.8%	94.9%	86.1%	77.7%	70.8%	65.8%	78.7%	79.4%
Net margin	151.7%	72.3%	64.2%	57.2%	52.9%	48.1%	76.2%	75.9%
Current ratio	0.01×	51.54×	161.01×	57.71×	15.48×	196.22×	333.21×	1,011.63×
Debt / equity	0.07×	0×	0×	0×	0×	0×	0×	0×
Interest coverage	0×	0×	18,896.5×	0×	7,314.5×	2,874×	0×	0×
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	3.3%	1.5%	0.7%	0.9%	0.7%	0.9%	2.9%	1.5%
Return on invested capital	1.2%	1.2%	0.5%	0.7%	0.6%	0.8%	2.6%	1.3%
Return on assets	2.5%	1.2%	0.5%	0.7%	0.6%	0.8%	2.6%	1.3%
Free cash flow yield	-0.8%	-2.3%	333.0%	0.6%	-0.8%	-3.9%	-2.2%	-0.3%
Earnings yield	13.8%	5.5%	3.3%	5.8%	3.8%	5.2%	12.8%	8.6%
Enterprise value	₹921M	₹942.3M	₹850.6M	₹267.8M	₹287.9M	₹161M	₹150.7M	₹232M
Net debt / EBITDA	3.86×	-0.02×	-0.03×	-0.05×	-0.01×	-0.04×	-0.02×	-0.02×
Cash conversion cycle (days)	-12,489	0	0	0	0	0	0	0