JLA Infraville Shoppers Limited (JSHL.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

+397.4%

₹10.69

vs ₹2.15 price

Levered DCF

-₹6.54

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

0.09

Distress zone

Rating

—

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	-23.92×	22.35×	8.53×	41.96×	183.82×	575×	1,687.5×	27.92×
P/B	0.5×	0.31×	0.22×	0.31×	0.87×	1.81×	1.22×	0.36×
P/S	5.43×	4,110.33×	96.58×	5.18×	241.05×	10.4×	14.46×	22.16×
EV / EBITDA	-40.74×	14.39×	6.47×	15.05×	-24.85×	101.13×	87.61×	-88.43×
Gross margin	97.4%	-7633.3%	100.0%	0.9%	-98.2%	46.6%	-82.5%	-60.1%
Operating margin	97.4%	-33921.7%	-252.3%	-26.1%	-393.9%	46.6%	-151.3%	-104.1%
Net margin	-22.7%	18549.6%	1131.6%	12.3%	130.1%	1.8%	0.9%	77.9%
Current ratio	0.25×	18.72×	19.28×	2.45×	49.52×	46.82×	72.72×	15.68×
Debt / equity	0×	0×	0×	0×	0×	0×	0.01×	0.01×
Interest coverage	13.66×	0×	-109.74×	-24.06×	0×	149.72×	-705.19×	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	-2.1%	1.4%	2.5%	0.7%	0.5%	0.3%	0.1%	1.3%
Return on invested capital	9.0%	-1.9%	-0.5%	-1.1%	-0.8%	5.5%	-2.8%	-1.3%
Return on assets	-1.8%	1.4%	2.5%	0.7%	0.5%	0.3%	0.1%	1.2%
Free cash flow yield	-0.3%	-2.2%	2.3%	-24.0%	-3.9%	-1.4%	-5.4%	7.5%
Earnings yield	-4.2%	4.5%	11.7%	2.4%	0.5%	0.2%	0.1%	3.5%
Enterprise value	₹39M	₹24.7M	₹16.2M	₹23.9M	₹65.8M	₹127M	₹79.1M	₹23.8M
Net debt / EBITDA	-0.09×	-0×	-0.23×	0.04×	-0.07×	0.23×	0.31×	-1.02×
Cash conversion cycle (days)	-20,405	0	493	1,272	72,744	-14	15	1,019