Jeevan Scientific Technology Limited (JSTL.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

-140.4%

-₹33.53

vs ₹83.02 price

Levered DCF

-₹72.95

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

—

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	123.08×	478.42×	-62.32×	-24.5×	16.63×	7.99×	-2.88×	40.06×
P/B	1.97×	1.29×	1.67×	1.55×	3.93×	2.68×	1.06×	1.41×
P/S	2.3×	1.37×	2.04×	2.07×	2.93×	1.98×	1.03×	1.72×
EV / EBITDA	14.24×	10.49×	17.74×	32.32×	8.03×	5.09×	-12.1×	8.76×
Gross margin	46.1%	91.9%	36.2%	91.7%	89.1%	98.6%	96.4%	93.7%
Operating margin	5.2%	2.5%	-3.1%	-10.0%	19.4%	29.6%	-4.2%	11.0%
Net margin	1.9%	0.3%	-3.3%	-8.4%	17.6%	24.7%	-35.9%	4.3%
Current ratio	2.51×	2.38×	2.68×	2.56×	2.42×	1.48×	0.8×	1.16×
Debt / equity	0.3×	0.41×	0.28×	0.21×	0.25×	0.3×	0.77×	0.57×
Interest coverage	1.56×	0.66×	-1.22×	-3.54×	13.65×	6.52×	-0.36×	1.46×
Dividend yield	0.0%	0.0%	0.0%	2.5%	0.4%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	-60.2%	6.4%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	1.6%	0.3%	-2.7%	-6.3%	23.6%	33.5%	-37.0%	3.5%
Return on invested capital	1.7%	1.6%	-1.6%	-5.1%	13.7%	26.4%	-2.0%	4.6%
Return on assets	1.1%	0.2%	-1.9%	-4.6%	15.3%	17.8%	-15.9%	1.8%
Free cash flow yield	-6.8%	-9.3%	-11.3%	-19.5%	8.7%	4.4%	-8.1%	-8.5%
Earnings yield	0.8%	0.2%	-1.6%	-4.1%	6.0%	12.5%	-34.7%	2.5%
Enterprise value	₹1.5B	₹845.8M	₹939M	₹779.9M	₹1.8B	₹1B	₹405.2M	₹594M
Net debt / EBITDA	1.09×	2.52×	2.43×	1.35×	-0.76×	0.36×	-4.72×	2.14×
Cash conversion cycle (days)	89	7	108	-43	14	256	-491	-255