Jumbo Bag Limited (JUMBO.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

-43.1%

₹51.07

vs ₹89.83 price

Levered DCF

₹18.03

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

—

Rating

Overall 3 / 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	5.08×	16.23×	29.51×	18.51×	25.65×	85.71×	28.32×	26.48×
P/B	0.89×	1.41×	1.04×	0.83×	0.86×	0.89×	0.9×	0.93×
P/S	0.36×	0.42×	0.33×	0.25×	0.22×	0.33×	0.3×	0.24×
EV / EBITDA	5.38×	11.72×	11.36×	8.14×	11.23×	11.58×	11.86×	8.83×
Gross margin	36.7%	43.9%	43.2%	25.1%	22.0%	26.5%	27.1%	30.3%
Operating margin	10.5%	4.7%	5.8%	5.2%	5.4%	4.5%	4.4%	6.2%
Net margin	7.1%	2.6%	1.1%	1.4%	0.8%	0.4%	1.1%	0.9%
Current ratio	1.35×	1.23×	1.22×	1.26×	1.23×	1.14×	1.08×	1.04×
Debt / equity	0.86×	1.25×	1.13×	1.25×	1.56×	1.51×	1.39×	1.76×
Interest coverage	4.24×	1.97×	2.01×	1.53×	2.2×	1.1×	0.95×	1.48×
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	17.5%	8.7%	3.5%	4.5%	3.3%	1.0%	3.2%	3.5%
Return on invested capital	9.7%	4.4%	7.2%	5.7%	6.8%	2.7%	4.6%	8.5%
Return on assets	7.7%	3.2%	1.3%	1.6%	1.0%	0.3%	1.1%	1.0%
Free cash flow yield	6.6%	-10.8%	14.2%	30.2%	-5.2%	-1.1%	52.6%	-1.5%
Earnings yield	19.7%	6.2%	3.4%	5.4%	3.9%	1.2%	3.5%	3.8%
Enterprise value	₹805M	₹959M	₹706.2M	₹651.1M	₹746.2M	₹723.9M	₹693.4M	₹786.1M
Net debt / EBITDA	2.54×	5.3×	5.72×	4.73×	7.13×	7.22×	7.2×	5.76×
Cash conversion cycle (days)	161	164	165	173	161	215	186	165