Kavveri Defence & Wireless Technologies Limited (KAVDEFENCE.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

-89.2%

₹8.91

vs ₹82.30 price

Levered DCF

-₹0.66

After debt service

Piotroski score

—

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	FY2025	FY2024	FY2023	FY2022	FY2021
P/E	147.97×	15.43×	-18.41×	0.3×	-1.12×
P/B	1.64×	1.14×	0×	0×	0×
P/S	21.82×	5.77×	15.42×	3.35×	3.61×
EV / EBITDA	117×	15.28×	0×	0×	0×
Gross margin	26.6%	50.0%	38.8%	40.4%	39.0%
Operating margin	-18.8%	30.4%	-80.6%	722.8%	-56.4%
Net margin	14.7%	37.4%	-84.2%	1114.9%	-322.6%
Current ratio	5.67×	1.29×	0×	0×	0×
Debt / equity	0.04×	0.22×	0×	0×	0×
Interest coverage	-63.32×	143.38×	-35.8×	501.55×	-0.23×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021
Return on equity	1.1%	7.4%	0.0%	0.0%	0.0%
Return on invested capital	-1.4%	4.9%	0.0%	0.0%	0.0%
Return on assets	1.0%	5.2%	0.0%	0.0%	0.0%
Free cash flow yield	-5.2%	0.0%	0.0%	0.0%	0.0%
Earnings yield	0.7%	6.5%	-5.5%	332.9%	-89.4%
Enterprise value	₹1.7B	₹1B	₹0	₹0	₹0
Net debt / EBITDA	-9.15×	0.68×	0×	0×	0×
Cash conversion cycle (days)	337	37	0	0	0