Nandani Creation Limited (JAIPURKURT.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

-1004.9%

-₹262.25

vs ₹28.98 price

Levered DCF

-₹556.20

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

2.25

Grey zone

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	25.02×	20.88×	109.32×	634.91×	97.06×	13.02×	8.6×	14.11×
P/B	0.75×	1.68×	1.99×	2.52×	3.08×	1.36×	0.7×	1.8×
P/S	0.44×	1.26×	1.31×	1.49×	0.78×	0.44×	0.16×	0.42×
EV / EBITDA	10.03×	11.18×	17.92×	21.75×	22.83×	6.56×	5.57×	8.2×
Gross margin	15.8%	36.7%	33.3%	43.7%	30.9%	40.2%	49.3%	46.7%
Operating margin	5.9%	10.2%	5.2%	4.2%	46.4%	7.4%	5.9%	7.2%
Net margin	1.8%	5.3%	1.2%	0.2%	0.8%	3.4%	1.8%	3.0%
Current ratio	2.19×	2.62×	2.36×	3.08×	1.91×	1.89×	1.72×	1.76×
Debt / equity	0.58×	0.53×	0.89×	0.52×	1.11×	0.63×	1×	1.21×
Interest coverage	1.68×	2.3×	0.93×	0.8×	20.66×	2.01×	1.72×	2.32×
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	3.0%	7.1%	1.8%	0.4%	3.2%	10.4%	8.2%	12.8%
Return on invested capital	4.3%	6.3%	4.1%	3.6%	63.1%	11.3%	9.0%	10.0%
Return on assets	1.5%	4.0%	0.8%	0.2%	1.2%	4.7%	2.4%	3.9%
Free cash flow yield	-43.0%	-22.4%	-13.0%	-3.2%	-13.9%	6.0%	11.0%	-5.1%
Earnings yield	4.0%	4.2%	0.9%	0.2%	1.0%	7.7%	11.7%	7.1%
Enterprise value	₹872.1M	₹1.2B	₹855.1M	₹845.4M	₹659.4M	₹304.5M	₹175.5M	₹258.6M
Net debt / EBITDA	4.32×	2.66×	5.49×	2.98×	5.97×	2.06×	3.25×	3.25×
Cash conversion cycle (days)	321	445	375	342	173	205	212	248