Kilburn Engineering Limited (KLBRENG-B.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

+207.7%

₹1,266.24

vs ₹411.50 price

Levered DCF

-₹168.91

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	23.78×	29.31×	26.01×	10.89×	94.44×	-0.33×	3.41×	10.71×
P/B	3.5×	3.79×	5.17×	3.11×	1.98×	0.64×	0.17×	0.64×
P/S	3.64×	4.22×	4.02×	1.51×	1.2×	0.35×	0.14×	0.44×
EV / EBITDA	14.19×	17.99×	17.96×	8.21×	15.22×	-0.94×	4.96×	5.99×
Gross margin	37.9%	52.6%	40.6%	34.6%	37.0%	39.8%	32.2%	33.6%
Operating margin	21.5%	22.1%	22.9%	17.2%	9.8%	5.8%	3.5%	3.1%
Net margin	15.3%	14.7%	15.4%	13.8%	1.3%	-105.6%	4.0%	4.2%
Current ratio	2.98×	2.14×	1.69×	1.72×	1.68×	1.45×	1.28×	1.18×
Debt / equity	0.14×	0.19×	0.33×	0.61×	0.99×	1.74×	1.18×	1.14×
Interest coverage	8.99×	6.62×	7.65×	4.67×	1.31×	0.45×	0.27×	0.26×
Dividend yield	0.4%	0.5%	0.3%	0.0%	0.0%	0.0%	9.0%	2.5%
Payout ratio	10.7%	14.9%	7.5%	0.0%	0.0%	0.0%	30.9%	26.8%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	14.7%	13.2%	19.9%	28.6%	2.1%	-192.2%	5.0%	6.0%
Return on invested capital	12.8%	12.5%	16.6%	17.2%	3.8%	2.5%	1.5%	1.5%
Return on assets	10.8%	8.5%	10.4%	11.5%	0.7%	-45.6%	1.9%	2.0%
Free cash flow yield	-1.9%	-2.5%	0.8%	4.5%	-0.9%	15.6%	54.6%	5.0%
Earnings yield	4.2%	3.5%	3.8%	9.2%	1.1%	-301.5%	29.3%	9.4%
Enterprise value	₹23.1B	₹18.7B	₹14B	₹3.9B	₹2.1B	₹1B	₹1.4B	₹1.7B
Net debt / EBITDA	0.14×	0.79×	1.08×	1.33×	4.74×	-0.66×	4.31×	3.8×
Cash conversion cycle (days)	224	234	211	211	253	251	498	427