Jayatma Industries Ltd. (JAYIND.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

-482.8%

-₹45.18

vs ₹11.80 price

Levered DCF

₹90.61

After debt service

Piotroski score

2 / 9

Weak

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	-8.72×	-4.41×	122.73×	85.5×	31.81×	36×	45.6×	16.68×
P/B	0.96×	0.81×	0.68×	0.69×	0.7×	0.71×	0.73×	0.73×
P/S	0.33×	0.29×	0.31×	0.16×	0.06×	0.06×	0.07×	0.06×
EV / EBITDA	49.63×	2,725.36×	10.93×	43.91×	13.06×	9.36×	8.72×	10.71×
Gross margin	6.0%	5.0%	2.5%	10.8%	2.9%	2.0%	6.1%	7.0%
Operating margin	-3.0%	-4.6%	-1.7%	10.5%	-0.1%	1.3%	2.1%	1.4%
Net margin	-3.8%	-6.6%	0.2%	0.2%	0.2%	0.2%	0.2%	0.3%
Current ratio	2.22×	3.15×	1.82×	1.4×	1.8×	1.53×	1.28×	1.21×
Debt / equity	2.25×	1.86×	1.09×	1.76×	1.12×	1.34×	1.34×	1.71×
Interest coverage	-1.22×	-1.51×	-0.36×	7.75×	-0.17×	1.23×	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	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	-11.0%	-18.3%	0.5%	0.8%	2.2%	2.0%	1.6%	4.4%
Return on invested capital	-2.4%	-4.3%	-1.3%	12.0%	-0.5%	5.1%	8.6%	5.5%
Return on assets	-2.9%	-6.1%	0.2%	0.3%	0.9%	0.7%	0.5%	1.3%
Free cash flow yield	-11.2%	41.8%	129.5%	-71.9%	7.9%	81.6%	55.0%	1.6%
Earnings yield	-11.4%	-22.7%	0.8%	1.2%	3.2%	2.8%	2.2%	6.0%
Enterprise value	₹292.1M	₹269.8M	₹209.8M	₹282.4M	₹219M	₹212.5M	₹238.9M	₹264.6M
Net debt / EBITDA	34.31×	1,876.97×	6.58×	30.78×	8.02×	5.64×	5.64×	7.31×
Cash conversion cycle (days)	322	241	207	181	48	48	67	55