Kachchh Minerals Limited (KACHCHH.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

-98.8%

₹0.31

vs ₹24.94 price

Levered DCF

-₹0.85

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

—

Rating

D+

Overall 1 / 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	-12.32×	708.6×	28.61×	-108.33×	67.19×	26.72×	4.54×	3.73×
P/B	16.45×	6.6×	9.15×	7.92×	8.14×	2.87×	0.61×	1.05×
P/S	0×	43.36×	6.75×	16.86×	9.71×	2.93×	0.6×	1.09×
EV / EBITDA	-13.7×	136.69×	23.63×	2,986.5×	48.63×	20.81×	4.92×	4.53×
Gross margin	0.0%	49.3%	68.0%	76.5%	73.3%	71.4%	70.8%	113.0%
Operating margin	0.0%	-5.9%	25.5%	-8.4%	16.2%	10.1%	12.1%	27.8%
Net margin	0.0%	6.1%	23.7%	-15.4%	14.3%	10.9%	13.2%	29.1%
Current ratio	3.47×	6.36×	4.69×	14.76×	10.56×	2.33×	2.06×	1.51×
Debt / equity	0.74×	0.13×	0.15×	0.48×	0.41×	0.3×	0.33×	0.59×
Interest coverage	-17.6×	-0.62×	12.71×	-1.06×	6.98×	242.02×	675.5×	170.4×
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	-133.5%	0.9%	32.1%	-7.3%	12.0%	10.7%	13.4%	27.9%
Return on invested capital	-74.1%	-0.8%	30.1%	-2.7%	9.6%	7.6%	9.2%	16.7%
Return on assets	-62.6%	0.7%	24.2%	-4.8%	8.2%	7.4%	9.0%	16.6%
Free cash flow yield	-7.0%	-0.8%	4.5%	4.0%	-1.7%	-0.5%	34.6%	-0.9%
Earnings yield	-8.1%	0.1%	3.5%	-0.9%	1.5%	3.7%	21.9%	26.6%
Enterprise value	₹140.7M	₹122.1M	₹169.7M	₹104.5M	₹118.8M	₹38M	₹9.1M	₹14.8M
Net debt / EBITDA	-0.44×	-6.25×	-0.87×	33.15×	1.96×	1.42×	1.29×	1.45×
Cash conversion cycle (days)	-355	638	37	903	573	572	727	-1,404