Search companies

Find a company by ticker or name

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
+500.6%
₹3,779.95
vs ₹629.40 price
Levered DCF
-₹19,677.77
After debt service
Piotroski score
3 / 9
Weak
Altman Z-score
—
Rating
B-
Overall 2 / 5
Ratios by fiscal year

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

MetricFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
P/E16.24×23.12×22.98×30.69×36.8×53.45×100.87×141.85×
P/B2.56×3.34×2.48×4.7×5.42×6.22×5.58×5.39×
P/S5.35×9.07×8.35×11.74×15.7×21.93×33.1×36.03×
EV / EBITDA21.37×27.44×27.15×39.96×44.48×59.65×29.03×2,228.48×
Gross margin69.3%44.8%35.2%34.4%36.6%39.5%100.0%100.0%
Operating margin45.4%35.3%24.5%22.6%25.5%29.7%44.9%57.4%
Net margin32.9%37.8%36.3%31.3%34.6%32.9%32.8%25.4%
Current ratio0.2×1.24×1.25×1.39×2.02×0×3.01×0×
Debt / equity1.95×1.83×1.49×2.41×1.92×1.59×0.89×0.55×
Interest coverage0×91.32×77.52×72.85×98.79×100.54×0×0×
Dividend yield0.7%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Payout ratio10.7%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Key metrics by fiscal year
MetricFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Return on equity15.7%14.0%10.8%12.5%11.9%9.3%5.5%3.8%
Return on invested capital5.7%3.5%2.3%2.0%3.3%6.9%2.6%3.8%
Return on assets5.2%4.9%4.3%3.6%4.0%3.5%2.6%2.3%
Free cash flow yield7.2%-15.9%-21.8%-14.7%-8.6%-7.2%-6.2%-8.2%
Earnings yield6.2%4.2%4.3%2.7%2.2%1.5%1.0%0.7%
Enterprise value₹142.2B₹138.5B₹90B₹84.6B₹77.6B₹70.9B₹54.6B₹46.8B
Net debt / EBITDA9.09×9.49×9.97×12.41×11.04×10.59×3.9×177.4×
Cash conversion cycle (days)-65533639841116200