Indsil Hydro Power and Manganese Limited (INDSILHYD.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

+576.5%

₹201.94

vs ₹29.85 price

Levered DCF

₹34.81

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

—

Rating

Overall 3 / 5

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	5.59×	1.37×	-12.97×	-9.71×	2.81×	-0.68×	-0.55×	20.19×
P/B	0.42×	0.57×	1.12×	0.7×	1.87×	0.43×	0.19×	1.01×
P/S	0.55×	0.82×	1.11×	0.5×	1.29×	0.53×	0.04×	0.26×
EV / EBITDA	5.17×	1.04×	32.34×	12.49×	8.12×	-11.53×	-34.15×	7.19×
Gross margin	28.4%	37.0%	16.2%	22.3%	29.9%	42.7%	-2.1%	12.5%
Operating margin	8.0%	-12.2%	-3.3%	7.6%	35.9%	10.2%	-7.9%	6.9%
Net margin	9.9%	59.6%	-8.5%	-5.1%	45.9%	-77.0%	-8.2%	1.3%
Current ratio	10.07×	5.37×	2.02×	1.39×	1.37×	1.01×	0.7×	0.83×
Debt / equity	0×	0×	0.82×	0.83×	0.74×	1.89×	4.1×	2.34×
Interest coverage	660.04×	-4.77×	-0.33×	0.99×	4.75×	0.32×	-1.09×	1.41×
Dividend yield	1.7%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	1.1%
Payout ratio	9.3%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	22.2%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	7.6%	41.2%	-8.6%	-7.2%	66.5%	-63.2%	-35.2%	5.0%
Return on invested capital	5.7%	-6.5%	-1.7%	5.5%	28.3%	2.5%	-6.1%	6.2%
Return on assets	6.6%	34.1%	-4.3%	-3.5%	33.1%	-16.9%	-5.6%	1.2%
Free cash flow yield	3.0%	-11.7%	6.0%	31.3%	7.4%	316.0%	-365.8%	-14.5%
Earnings yield	17.9%	72.9%	-7.7%	-10.3%	35.5%	-146.3%	-182.1%	5.0%
Enterprise value	₹783.7M	₹1B	₹2.2B	₹1.9B	₹3.7B	₹1.7B	₹5.1B	₹5.9B
Net debt / EBITDA	-0.36×	-0.03×	13.68×	6.79×	2.29×	-9.35×	-32.6×	5.02×
Cash conversion cycle (days)	349	499	423	325	321	1,191	286	143