Inventure Growth & Securities Limited (INVENTURE.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

+135.8%

₹1.91

vs ₹0.81 price

Levered DCF

-₹3.70

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

—

Rating

C+

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	22.43×	72×	15.14×	14.45×	20.35×	18.73×	1,933.33×	-25.1×
P/B	0.31×	0.55×	0.82×	0.64×	1.46×	1.28×	0.57×	0.61×
P/S	1.99×	3.36×	3.56×	4.56×	7.73×	7.22×	4.47×	1.21×
EV / EBITDA	21.29×	19.09×	10.61×	10.31×	14.98×	12.91×	31.73×	-53.88×
Gross margin	64.5%	36.4%	40.5%	37.6%	36.6%	49.9%	42.5%	13.4%
Operating margin	24.8%	7.1%	26.8%	26.2%	30.8%	39.6%	-22.8%	-9.4%
Net margin	8.9%	4.7%	23.5%	31.6%	37.1%	38.1%	0.2%	-4.2%
Current ratio	3.87×	2.2×	1.83×	1.99×	1.95×	2.09×	2.41×	2.63×
Debt / equity	0.13×	0.24×	0.11×	0.13×	0.13×	0.17×	0.04×	0.18×
Interest coverage	0×	0.74×	31.59×	4.01×	9.51×	17.98×	-2.1×	-5.68×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	2.6%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	5194.9%	0.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	1.4%	0.8%	5.4%	4.4%	7.0%	6.7%	0.0%	-2.1%
Return on invested capital	2.4%	0.3%	3.7%	2.4%	3.7%	4.1%	2.5%	-3.2%
Return on assets	1.0%	0.6%	3.7%	3.3%	5.1%	4.9%	0.0%	-1.7%
Free cash flow yield	15.0%	-36.1%	-9.4%	-4.2%	4.2%	-0.8%	7.1%	7.5%
Earnings yield	4.5%	1.4%	6.6%	6.9%	4.8%	5.3%	0.1%	-3.4%
Enterprise value	₹1.2B	₹2.1B	₹2B	₹1.6B	₹3.1B	₹2.5B	₹922.4M	₹1.3B
Net debt / EBITDA	5.69×	5.63×	1.12×	1.55×	1.08×	0.67×	-1.79×	-10.23×
Cash conversion cycle (days)	85	-43	-79	542	153	-36	178	125