Kings Infra Ventures Limited (KINGSINFR.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

+196.5%

₹183.17

vs ₹61.77 price

Levered DCF

-₹114.85

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

—

Rating

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	17.21×	24.14×	61.13×	37.48×	58.89×	40.66×	112.19×	41×
P/B	3.2×	4.44×	8.09×	6.01×	5.78×	2.14×	1.64×	1.9×
P/S	1.73×	2.54×	5.2×	3.58×	4.47×	1.62×	1.32×	1.54×
EV / EBITDA	11.29×	15.54×	34.98×	23.09×	30.61×	19.86×	19.03×	24.48×
Gross margin	20.5%	22.3%	21.5%	22.5%	19.4%	13.7%	12.8%	9.8%
Operating margin	17.4%	17.9%	17.1%	15.5%	10.3%	16.0%	9.9%	2.8%
Net margin	10.0%	10.5%	8.5%	9.6%	7.6%	4.0%	1.2%	3.8%
Current ratio	1.9×	1.44×	1.99×	1.74×	2.01×	2.01×	3.11×	3.39×
Debt / equity	0.9×	0.85×	0.65×	0.82×	0.75×	0.85×	0.59×	0.6×
Interest coverage	4×	4.12×	4.27×	3.57×	1.9×	2.94×	1.51×	1.2×
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	18.6%	18.4%	13.2%	16.0%	9.8%	5.2%	1.5%	4.7%
Return on invested capital	12.4%	12.4%	11.6%	10.4%	5.6%	8.4%	3.5%	1.4%
Return on assets	9.0%	9.2%	7.5%	8.1%	5.2%	2.6%	0.8%	2.6%
Free cash flow yield	0.3%	-6.8%	-1.1%	-1.0%	3.1%	-8.5%	3.5%	4.2%
Earnings yield	5.8%	4.1%	1.6%	2.7%	1.7%	2.4%	0.9%	2.5%
Enterprise value	₹3.4B	₹3.7B	₹5B	₹2.4B	₹2B	₹807.6M	₹572.8M	₹626.6M
Net debt / EBITDA	2.14×	2.5×	2.42×	2.72×	3.45×	5.52×	5.01×	5.65×
Cash conversion cycle (days)	230	258	249	278	308	313	505	480