IZMO Limited (IZMO.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

-98.9%

₹8.62

vs ₹771.55 price

Levered DCF

-₹447.05

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	19.31×	8.04×	14.71×	8.1×	6.91×	2.5×	1.32×	11.51×
P/B	2.25×	1.13×	1.25×	0.59×	0.44×	0.28×	0.07×	0.39×
P/S	3.22×	1.81×	2.05×	1.05×	0.84×	0.57×	0.15×	0.85×
EV / EBITDA	17.75×	5.52×	9.27×	4.94×	3.73×	1.23×	0.75×	3.64×
Gross margin	53.5%	40.8%	51.7%	54.9%	57.7%	98.1%	99.6%	59.4%
Operating margin	12.2%	9.7%	42.4%	12.0%	8.4%	6.9%	10.9%	7.7%
Net margin	16.7%	21.8%	13.9%	13.0%	12.1%	23.0%	11.0%	7.3%
Current ratio	2.61×	2.19×	1.96×	1.71×	1.72×	1.65×	0.9×	1.08×
Debt / equity	0.04×	0.03×	0.03×	0.04×	0.04×	0.08×	0.05×	0.06×
Interest coverage	21.23×	21.7×	81.69×	14.56×	23.81×	5.47×	8.68×	4.87×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	11.6%	13.6%	8.5%	7.3%	6.4%	11.3%	5.3%	3.4%
Return on invested capital	8.0%	5.3%	24.2%	6.3%	4.2%	3.1%	4.7%	3.2%
Return on assets	9.6%	11.2%	7.2%	6.2%	5.4%	9.3%	3.9%	2.5%
Free cash flow yield	-1.6%	-7.4%	0.3%	-0.0%	-8.2%	15.7%	31.1%	1.5%
Earnings yield	5.2%	12.0%	6.8%	12.3%	14.5%	40.0%	75.5%	8.7%
Enterprise value	₹9.2B	₹3.9B	₹3.7B	₹1.6B	₹1.1B	₹621.2M	₹216.4M	₹875.7M
Net debt / EBITDA	0.12×	-0.18×	-0.21×	-0.03×	-0.07×	-0.09×	0.24×	0.4×
Cash conversion cycle (days)	144	149	92	115	130	-511	-34,735	-119