Investment & Precision Castings Limited (INVPRECQ.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

-93.9%

₹84.11

vs ₹1,368.00 price

Levered DCF

₹141.46

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

—

Rating

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	42.76×	58.45×	37×	26.08×	468.32×	108.43×	-49.97×	7.39×
P/B	4.9×	1.94×	1.68×	0.92×	1.09×	0.61×	0.5×	0.98×
P/S	2.67×	1.08×	0.86×	0.43×	0.6×	0.43×	0.38×	0.62×
EV / EBITDA	18.11×	10.39×	8.38×	6.42×	10.89×	8.6×	8.58×	6.23×
Gross margin	20.4%	16.1%	24.2%	14.9%	71.5%	12.8%	12.8%	17.9%
Operating margin	11.9%	8.6%	10.5%	8.1%	4.4%	5.9%	81.5%	90.6%
Net margin	6.2%	3.7%	4.6%	3.3%	0.1%	0.4%	-0.8%	8.4%
Current ratio	1.2×	1.11×	1.05×	1×	1×	1.02×	0.93×	1.04×
Debt / equity	0.7×	0.71×	0.87×	0.83×	0.88×	0.91×	0.8×	0.76×
Interest coverage	3.62×	2.11×	2.48×	1.97×	0.91×	1.05×	11.87×	20.76×
Dividend yield	0.1%	0.3%	0.3%	0.2%	0.8%	0.1%	2.8%	1.7%
Payout ratio	4.3%	8.3%	6.4%	2.3%	362.2%	12.5%	-137.8%	12.5%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	11.5%	6.6%	9.1%	7.1%	0.2%	0.6%	-1.0%	13.2%
Return on invested capital	8.5%	6.3%	7.2%	6.6%	3.1%	3.1%	38.3%	78.8%
Return on assets	5.4%	3.0%	3.9%	2.8%	0.1%	0.2%	-0.4%	6.1%
Free cash flow yield	-0.6%	8.2%	-1.2%	7.0%	8.3%	5.5%	11.9%	-15.1%
Earnings yield	2.3%	3.4%	5.4%	7.7%	0.2%	0.9%	-2.0%	13.5%
Enterprise value	₹5.7B	₹2.4B	₹2.2B	₹1.4B	₹1.4B	₹1.1B	₹944.5M	₹1.3B
Net debt / EBITDA	2.2×	2.77×	2.81×	3.02×	4.82×	5.1×	5.29×	2.72×
Cash conversion cycle (days)	136	152	157	129	211	134	136	119