Jayant Infratech Ltd. (JAYANT.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

-102.2%

-₹2.47

vs ₹115.00 price

Levered DCF

-₹443.49

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

3.11

Safe zone

Rating

A-

Overall 4 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	5.52×	8.08×	46.22×	34.48×	47.27×	59.91×	61.9×	117.12×
P/B	0.78×	1.36×	7.37×	4.64×	4.67×	5.76×	6.53×	7.3×
P/S	0.42×	0.56×	3.1×	2.89×	2.16×	2.36×	2.41×	4.49×
EV / EBITDA	5.93×	6.52×	35.29×	26.99×	23.71×	37.18×	39.19×	67.35×
Gross margin	12.1%	10.7%	10.6%	13.9%	13.2%	12.3%	12.6%	35.0%
Operating margin	9.8%	8.9%	7.7%	12.7%	11.0%	7.9%	5.7%	6.1%
Net margin	7.6%	6.9%	5.5%	8.4%	6.3%	3.9%	3.9%	3.8%
Current ratio	1.5×	1.45×	1.84×	1.49×	1.34×	1.07×	1.04×	1.15×
Debt / equity	0.55×	0.32×	0.24×	0.31×	0.44×	0.49×	0.39×	0.47×
Interest coverage	5.76×	8.38×	6.62×	6.48×	7.19×	6.36×	0×	0×
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	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	14.1%	16.9%	13.0%	13.4%	13.6%	9.6%	10.5%	6.2%
Return on invested capital	8.8%	12.3%	11.1%	11.9%	12.5%	9.6%	8.3%	5.0%
Return on assets	6.9%	8.3%	7.8%	7.1%	7.1%	4.8%	5.8%	3.3%
Free cash flow yield	-30.5%	10.0%	1.5%	-1.7%	-4.9%	1.2%	4.0%	1.9%
Earnings yield	18.1%	12.4%	1.8%	2.9%	2.9%	1.7%	1.6%	0.9%
Enterprise value	₹795.1M	₹835.8M	₹2.7B	₹1.3B	₹866M	₹847M	₹830.1M	₹837.6M
Net debt / EBITDA	2.46×	1.22×	-0.58×	0.79×	1.07×	0.72×	0.62×	1.65×
Cash conversion cycle (days)	195	91	84	121	71	13	23	36