Kanco Tea & Industries Ltd. (KANCOTEA.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

-489.4%

-₹234.81

vs ₹60.30 price

Levered DCF

-₹228.75

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

0.64

Distress zone

Rating

D+

Overall 1 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	-5×	-3.94×	-4.08×	4.48×	10.29×	3.69×	-32.49×	10.92×
P/B	0.49×	0.54×	0.54×	0.51×	0.56×	0.63×	0.75×	0.67×
P/S	0.36×	0.52×	0.47×	0.37×	0.47×	0.48×	0.65×	0.72×
EV / EBITDA	-137.89×	-39.48×	-18.45×	4.4×	6.51×	4.45×	23.46×	7.23×
Gross margin	5.9%	80.6%	69.1%	16.4%	14.4%	24.8%	9.9%	11.4%
Operating margin	-6.4%	-14.2%	-9.9%	7.8%	6.3%	17.6%	-0.6%	-0.2%
Net margin	-7.3%	-13.1%	-11.6%	8.3%	4.6%	13.0%	-2.0%	6.6%
Current ratio	0.65×	0.58×	0.53×	0.88×	0.92×	1.27×	1.18×	1.44×
Debt / equity	0.95×	0.75×	0.56×	0.41×	0.39×	0.61×	0.81×	0.74×
Interest coverage	-1.13×	-2.59×	-3.98×	3.93×	1.61×	3.4×	-0.07×	-0.02×
Dividend yield	0.0%	0.0%	1.4%	1.3%	1.3%	0.0%	0.0%	1.6%
Payout ratio	0.0%	0.0%	-5.8%	5.9%	13.5%	0.0%	0.0%	17.4%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-9.8%	-13.6%	-13.1%	11.5%	5.4%	17.1%	-2.3%	6.1%
Return on invested capital	-3.1%	-8.1%	-6.8%	7.3%	4.6%	13.9%	-0.1%	-0.1%
Return on assets	-4.2%	-6.7%	-7.1%	6.9%	3.3%	9.1%	-1.1%	3.1%
Free cash flow yield	-18.5%	-16.4%	-30.1%	1.8%	1.4%	17.0%	-12.5%	-24.0%
Earnings yield	-20.0%	-25.4%	-24.5%	22.3%	9.7%	27.1%	-3.1%	9.2%
Enterprise value	₹689.5M	₹694.9M	₹649.2M	₹577M	₹650.8M	₹734.7M	₹788.1M	₹764.4M
Net debt / EBITDA	-83.28×	-20.81×	-8.19×	1.42×	2.6×	2.08×	11.82×	3.53×
Cash conversion cycle (days)	6	-18	24	39	36	104	127	172