Kesar Terminals & Infrastructure Limited (KTIL.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

+201.6%

₹166.17

vs ₹55.10 price

Levered DCF

₹67.44

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

—

Rating

C+

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	-1.95×	30.5×	-1.55×	-2.44×	-1.18×	-1.57×	-1.16×	-5.32×
P/B	1.12×	-0.94×	-0.83×	-0.76×	-1.13×	143.27×	0.86×	1.62×
P/S	1.9×	2.3×	2.58×	0.92×	0.82×	0.82×	0.47×	1.65×
EV / EBITDA	10.41×	13.33×	38.78×	15.31×	20.14×	15.04×	10.54×	12.18×
Gross margin	49.7%	15.2%	17.0%	98.2%	98.6%	99.1%	98.8%	98.8%
Operating margin	28.9%	33.6%	-7.6%	17.3%	2.6%	12.3%	22.8%	14.8%
Net margin	-97.7%	22.1%	-166.1%	-37.6%	-69.5%	-52.5%	-40.3%	-30.9%
Current ratio	1.65×	0.06×	0.05×	0.05×	0.1×	0.1×	0.07×	0.07×
Debt / equity	1.29×	-1.04×	-2.94×	-5.39×	-7.96×	871.96×	8.87×	2.83×
Interest coverage	1.21×	0.39×	-0.05×	0.34×	0.04×	0.2×	0.38×	0.34×
Dividend yield	3.5%	0.0%	0.0%	0.1%	4.7%	0.1%	15.0%	1.9%
Payout ratio	-6.8%	0.1%	-0.0%	-0.2%	-5.6%	-0.2%	-17.4%	-10.2%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	-57.7%	-9.0%	53.6%	31.0%	95.7%	-9123.0%	-74.3%	-30.4%
Return on invested capital	7.4%	234.2%	-1.2%	3.2%	0.5%	2.4%	4.2%	3.7%
Return on assets	-23.8%	4.2%	-25.8%	-6.6%	-12.9%	-9.8%	-7.0%	-6.9%
Free cash flow yield	13.9%	11.7%	11.4%	31.9%	32.5%	28.6%	62.7%	15.4%
Earnings yield	-51.3%	9.6%	-64.5%	-41.1%	-84.6%	-63.7%	-85.9%	-18.8%
Enterprise value	₹1.3B	₹1.7B	₹3.6B	₹2.7B	₹2.8B	₹2.6B	₹2.2B	₹1.9B
Net debt / EBITDA	5.37×	6.96×	30.18×	13.42×	17.62×	12.9×	9.59×	7.72×
Cash conversion cycle (days)	-6	0	-31	-930	-1,582	-3,830	-4,123	-5,278