Jyoti CNC Automation Limited (JYOTICNC.NS) 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

-33.7%

₹658.00

vs ₹992.10 price

Levered DCF

-₹395.38

After debt service

Piotroski score

4 / 9

Average

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	48.84×	77.16×	100.85×	-1,809.17×	-204.81×	-140.97×	-196.47×	347.36×
P/B	8.2×	14.46×	11.14×	120.33×	239.95×	87.71×	52.06×	26.07×
P/S	7.84×	13.44×	11.4×	10.67×	13.25×	17.04×	14.38×	6.55×
EV / EBITDA	29.16×	50.53×	51.11×	88.31×	159.02×	337.94×	208.39×	65.77×
Gross margin	55.1%	46.9%	43.2%	33.8%	35.7%	37.3%	8.6%	43.5%
Operating margin	22.8%	25.1%	20.1%	4.7%	5.4%	-1.1%	-3.1%	25.9%
Net margin	16.1%	17.4%	11.3%	-0.6%	-6.5%	-12.1%	-7.3%	1.9%
Current ratio	2.26×	2.15×	2.47×	0.93×	0.89×	0.89×	0.95×	1.04×
Debt / equity	0.43×	0.29×	0.22×	10.17×	19.25×	6.44×	3.41×	2.36×
Interest coverage	6.82×	11.53×	3.07×	0.49×	0.49×	-0.08×	-0.3×	3.91×
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	16.8%	18.7%	11.1%	-6.7%	-117.4%	-62.2%	-26.5%	7.5%
Return on invested capital	11.9%	15.6%	13.0%	-3.4%	4.6%	-0.7%	-2.1%	14.1%
Return on assets	9.3%	11.3%	6.9%	-0.4%	-3.8%	-5.0%	-3.9%	1.5%
Free cash flow yield	-1.6%	-1.9%	-1.1%	0.1%	-0.0%	0.1%	-0.8%	1.4%
Earnings yield	2.0%	1.3%	1.0%	-0.1%	-0.5%	-0.7%	-0.5%	0.3%
Enterprise value	₹171.3B	₹247.6B	₹152.1B	₹106.9B	₹106.6B	₹105.9B	₹105.2B	₹69.6B
Net debt / EBITDA	1.22×	0.76×	0×	6.76×	11.78×	22.82×	12.75×	5.32×
Cash conversion cycle (days)	361	286	351	355	368	506	313	289