Inventurus Knowledge Solutions Ltd. (IKS.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

+104.4%

₹3,523.47

vs ₹1,724.20 price

Levered DCF

₹2,815.30

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

—

Rating

B-

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021
P/E	30.81×	51.01×	90.79×	106.71×	144.35×	196.22×
P/B	7.94×	13.85×	29.05×	40.59×	51.98×	71.04×
P/S	6.96×	9.31×	18.51×	32.61×	44.04×	58.73×
EV / EBITDA	19.58×	31.49×	62×	86.22×	112.49×	164.6×
Gross margin	45.1%	100.0%	100.0%	49.0%	50.0%	44.6%
Operating margin	32.2%	24.7%	25.7%	36.3%	36.5%	44.4%
Net margin	22.6%	18.2%	20.4%	29.6%	30.5%	29.9%
Current ratio	1.35×	1.5×	1.14×	6.07×	5.56×	5.86×
Debt / equity	0.27×	0.48×	1.13×	0.06×	0.1×	0.17×
Interest coverage	14.66×	7.32×	7.63×	61.77×	39.01×	0×
Dividend yield	0.0%	0.0%	0.5%	0.0%	0.1%	0.1%
Payout ratio	0.0%	0.0%	44.7%	0.0%	19.0%	11.7%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021
Return on equity	25.8%	27.2%	32.0%	36.8%	36.0%	36.2%
Return on invested capital	22.2%	18.8%	14.8%	35.8%	33.7%	41.2%
Return on assets	16.9%	15.9%	12.2%	30.9%	29.6%	28.2%
Free cash flow yield	2.7%	1.2%	0.5%	0.8%	0.7%	0.5%
Earnings yield	3.2%	2.0%	1.1%	0.9%	0.7%	0.5%
Enterprise value	₹225.9B	₹254.7B	₹348B	₹335.6B	₹335.5B	₹324.7B
Net debt / EBITDA	0.32×	0.83×	2.08×	-0.18×	-0.27×	0.11×
Cash conversion cycle (days)	34	-37,041	-34,174	42	37	42