Kriti Nutrients Limited (KRITINUT.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

+64.3%

₹110.10

vs ₹66.99 price

Levered DCF

₹115.01

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

—

Rating

Overall 3 / 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	7.96×	13.83×	10.94×	9.16×	22.15×	18.11×	14.38×	16.12×
P/B	1.18×	2.41×	2.81×	1.44×	2.43×	2.7×	3.14×	3.95×
P/S	0.29×	0.7×	0.73×	0.24×	0.36×	0.4×	0.53×	0.57×
EV / EBITDA	5.06×	9.19×	7.48×	5.94×	13.77×	11.28×	10.65×	9.14×
Gross margin	8.1%	14.0%	15.7%	9.8%	9.1%	5.5%	12.4%	13.8%
Operating margin	4.1%	5.8%	8.5%	3.4%	2.1%	2.9%	4.1%	6.0%
Net margin	3.7%	5.0%	6.6%	2.6%	1.6%	2.2%	3.7%	3.5%
Current ratio	3.7×	4.91×	4.39×	2.37×	2.16×	4.14×	2.24×	2.03×
Debt / equity	0.04×	0.01×	0.07×	0.3×	0.33×	0.04×	0.1×	0.18×
Interest coverage	68.81×	74.35×	41.61×	7.65×	7.54×	21.18×	12.3×	11.94×
Dividend yield	6.1%	0.3%	0.3%	0.5%	0.3%	0.3%	0.3%	0.3%
Payout ratio	48.4%	4.0%	2.8%	4.2%	7.1%	5.9%	4.7%	5.3%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	14.8%	17.5%	25.7%	15.7%	10.9%	14.9%	21.8%	24.5%
Return on invested capital	11.6%	14.4%	22.4%	11.3%	7.5%	13.5%	17.6%	20.5%
Return on assets	12.4%	15.6%	21.7%	10.8%	7.3%	12.1%	14.9%	16.4%
Free cash flow yield	23.8%	5.3%	8.3%	7.0%	-7.1%	1.4%	2.8%	7.7%
Earnings yield	12.6%	7.2%	9.1%	10.9%	4.5%	5.5%	7.0%	6.2%
Enterprise value	₹2.2B	₹5.1B	₹5B	₹2.1B	₹3.1B	₹2.7B	₹2.8B	₹2.8B
Net debt / EBITDA	-1.15×	0.02×	0.04×	0.6×	1.52×	0.02×	0.34×	0.36×
Cash conversion cycle (days)	20	29	41	35	37	22	41	25