Krypton Industries Limited (KRYPTONQ.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

-94.5%

₹1.60

vs ₹28.80 price

Levered DCF

₹18.86

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

2.33

Grey zone

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	15.77×	175.04×	41.69×	27.29×	45×	7.86×	18.21×	24.14×
P/B	1.29×	2.27×	1.52×	0.91×	1.06×	0.46×	0.33×	0.83×
P/S	0.8×	1.49×	1.15×	0.84×	0.73×	0.32×	0.34×	0.62×
EV / EBITDA	7.99×	16.16×	13.39×	9.63×	8.9×	4.76×	6.85×	9.08×
Gross margin	31.6%	39.6%	42.8%	47.7%	38.9%	37.0%	47.6%	41.7%
Operating margin	10.0%	7.7%	7.2%	7.1%	7.8%	5.4%	4.9%	6.5%
Net margin	5.1%	0.8%	2.8%	3.1%	1.6%	4.0%	1.9%	2.6%
Current ratio	1.9×	1.94×	2.3×	2.49×	2.21×	1.94×	1.82×	1.63×
Debt / equity	0.69×	0.71×	0.51×	0.48×	0.39×	0.56×	0.59×	0.54×
Interest coverage	2.72×	1.52×	1.91×	1.47×	1.75×	1.2×	0.72×	1.35×
Dividend yield	3.5%	2.1%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	56.0%	374.1%	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	8.2%	1.3%	3.7%	3.3%	2.3%	5.9%	1.8%	3.4%
Return on invested capital	5.9%	1.5%	4.1%	5.0%	4.5%	4.3%	2.9%	5.4%
Return on assets	4.2%	0.7%	2.1%	1.9%	1.4%	3.1%	1.0%	2.0%
Free cash flow yield	21.6%	-3.0%	-1.8%	-6.4%	13.3%	18.9%	6.5%	11.5%
Earnings yield	6.3%	0.6%	2.4%	3.6%	2.2%	12.7%	5.4%	4.2%
Enterprise value	₹603.4M	₹913.9M	₹650.3M	₹412.7M	₹417.5M	₹269.9M	₹246.4M	₹351.8M
Net debt / EBITDA	2.51×	3.83×	3.3×	3.08×	2.13×	2.38×	4.32×	3.31×
Cash conversion cycle (days)	252	275	288	355	203	234	529	327