Kinetic Engineering Limited (KINETICENG.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

-155.4%

-₹118.24

vs ₹213.25 price

Levered DCF

-₹217.23

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	436.4×	64.41×	69.19×	58.14×	115.89×	-11.38×	-2.39×	-8.34×
P/B	3.02×	4.01×	6.03×	6.24×	12.42×	9.2×	1.58×	2.93×
P/S	2.85×	2.92×	2.52×	1.32×	1.3×	0.85×	0.19×	0.59×
EV / EBITDA	39.67×	24.52×	23.53×	14.61×	21.3×	19.89×	18.29×	-38.59×
Gross margin	25.9%	45.4%	25.8%	47.5%	47.2%	47.8%	43.9%	42.9%
Operating margin	-0.8%	-1.2%	1.1%	4.4%	3.5%	-3.5%	-5.9%	-9.3%
Net margin	0.7%	4.5%	3.6%	2.3%	1.1%	-7.5%	-8.1%	-7.1%
Current ratio	2.03×	1.79×	1.26×	0.89×	0.86×	0.75×	0.71×	0.78×
Debt / equity	0.47×	0.59×	0.63×	1.97×	5.6×	8.85×	4.45×	2.6×
Interest coverage	-0.21×	-0.34×	0.29×	0.93×	0.66×	-0.45×	-1.01×	-1.78×
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	0.7%	6.2%	8.7%	10.7%	10.7%	-80.8%	-66.0%	-35.1%
Return on invested capital	-0.5%	-0.9%	1.4%	6.0%	-6.5%	-3.1%	-7.4%	-10.5%
Return on assets	0.4%	2.7%	3.0%	2.0%	0.9%	-4.3%	-6.2%	-5.1%
Free cash flow yield	-13.4%	-15.1%	-1.9%	6.2%	-1.0%	-1.7%	21.4%	-2.4%
Earnings yield	0.2%	1.6%	1.4%	1.7%	0.9%	-8.8%	-41.9%	-12.0%
Enterprise value	₹5.2B	₹4.4B	₹4B	₹2.3B	₹2.3B	₹1.4B	₹826.1M	₹1.3B
Net debt / EBITDA	5.12×	1.3×	2.18×	3.38×	6.61×	9.74×	13.47×	-18.08×
Cash conversion cycle (days)	163	162	111	88	63	30	15	20