IntraSoft Technologies Limited (ISFT.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

-1278.8%

-₹1,391.10

vs ₹118.01 price

Levered DCF

₹6.20

After debt service

Piotroski score

5 / 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	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	7.32×	12.35×	17.99×	17.22×	21.7×	11.76×	14.65×	34.34×
P/B	0.36×	0.69×	0.83×	0.81×	1.67×	0.64×	0.21×	1.34×
P/S	0.18×	0.31×	0.36×	0.32×	0.66×	0.16×	0.05×	0.23×
EV / EBITDA	6.39×	8.73×	11.68×	18.46×	21.96×	12.6×	10.78×	27.26×
Gross margin	19.2%	19.8%	20.2%	24.6%	23.9%	18.9%	17.2%	15.5%
Operating margin	3.0%	3.3%	3.8%	3.2%	2.7%	1.0%	0.5%	0.4%
Net margin	2.5%	2.5%	2.0%	1.8%	3.0%	1.4%	0.4%	0.7%
Current ratio	1.12×	1.29×	6.49×	4.53×	4.82×	6.37×	6.5×	4.83×
Debt / equity	0.06×	0.06×	0.66×	0.83×	0.68×	0.64×	0.74×	0.48×
Interest coverage	13.97×	6.54×	1.56×	1.8×	3.2×	1.81×	0.53×	0.64×
Dividend yield	0.0%	0.0%	0.0%	1.0%	0.5%	1.5%	11.5%	1.8%
Payout ratio	0.0%	0.1%	0.1%	17.5%	11.5%	17.7%	169.0%	62.2%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	5.0%	5.6%	4.6%	4.7%	7.7%	5.4%	1.4%	3.9%
Return on invested capital	4.6%	5.3%	3.5%	3.2%	3.8%	2.2%	1.1%	1.5%
Return on assets	4.1%	4.5%	2.5%	2.3%	3.9%	2.9%	0.7%	2.2%
Free cash flow yield	18.4%	51.3%	-4.1%	-23.0%	-5.2%	-6.9%	-70.5%	2.7%
Earnings yield	13.7%	8.1%	5.6%	5.8%	4.6%	8.5%	6.8%	2.9%
Enterprise value	₹1.1B	₹1.7B	₹3.1B	₹2.9B	₹3.8B	₹1.9B	₹1.2B	₹2.5B
Net debt / EBITDA	0.73×	0.47×	5.12×	9.19×	5.98×	5.95×	8.05×	6.24×
Cash conversion cycle (days)	0	7	71	78	77	59	80	44