Kaizen Agro Infrabuild Limited (KAIZENAGRO.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

-6075.5%

-₹426.05

vs ₹7.13 price

Levered DCF

-₹416.88

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

—

Rating

B-

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	127.14×	179.75×	785×	133.7×	-151.25×	-2,200×	-605×	5,761.9×
P/B	0.42×	0.61×	0.7×	0.75×	0.37×	0.69×	0.84×	0.74×
P/S	0.67×	3.56×	2.46×	2.37×	99.88×	126.88×	139.76×	97.34×
EV / EBITDA	90.37×	123.39×	1,821.14×	99.03×	-111.95×	-2,651.92×	-630.61×	3,105.66×
Gross margin	2.2%	6.0%	3.9%	4.9%	31.6%	32.2%	23.2%	72.8%
Operating margin	0.7%	2.7%	0.0%	2.2%	-92.2%	-5.6%	-4.9%	26.3%
Net margin	0.5%	2.0%	0.3%	1.8%	-66.0%	-5.8%	-23.1%	1.7%
Current ratio	3.4×	17.29×	45.37×	2.75×	13.71×	17.27×	14.47×	69.34×
Debt / equity	0×	0×	0×	0×	0.01×	0×	0×	0×
Interest coverage	0×	41.38×	0.01×	4,899×	-264.78×	-53.25×	0×	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	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	0.3%	0.3%	0.1%	0.6%	-0.2%	-0.0%	-0.1%	0.0%
Return on invested capital	0.3%	0.3%	0.0%	0.5%	-0.3%	-0.0%	-0.0%	0.1%
Return on assets	0.2%	0.3%	0.1%	0.5%	-0.2%	-0.0%	-0.1%	0.0%
Free cash flow yield	-54.1%	-35.0%	10.3%	-29.6%	5.8%	-2.7%	9.6%	-0.2%
Earnings yield	0.8%	0.6%	0.1%	0.7%	-0.7%	-0.0%	-0.2%	0.0%
Enterprise value	₹472.6M	₹690.5M	₹783.1M	₹518.3M	₹265.1M	₹482.7M	₹582.7M	₹518.2M
Net debt / EBITDA	-0.06×	-1.63×	-37.3×	-1.37×	-2.92×	1.43×	0.19×	-0.29×
Cash conversion cycle (days)	513	826	12	-9	-9,709	-5,493	-4,709	925