Ladderup Finance Limited (LADDERUP.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

-354.7%

-₹114.86

vs ₹45.10 price

Levered DCF

₹329.43

After debt service

Piotroski score

5 / 9

Average

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	13.16×	35.57×	-7.59×	-26.75×	14.54×	56.91×	205.77×	68.59×
P/B	0.65×	0.75×	0.49×	0.49×	0.5×	0.55×	0.58×	0.49×
P/S	1.77×	3.64×	3.1×	3.04×	2.95×	2.18×	1.02×	2.22×
EV / EBITDA	8.9×	48.89×	20.16×	22.74×	6.66×	11.53×	14.87×	34.28×
Gross margin	86.4%	68.5%	46.2%	38.3%	52.4%	39.3%	28.0%	54.3%
Operating margin	33.1%	21.8%	17.0%	-6.1%	52.7%	18.3%	11.8%	25.0%
Net margin	13.4%	9.4%	-40.8%	-11.3%	20.3%	3.8%	0.5%	3.3%
Current ratio	0.33×	0.47×	0.7×	9.6×	3.29×	3.93×	0.81×	4.58×
Debt / equity	0.35×	0.62×	0.34×	0.08×	0.03×	0.03×	0.34×	0.51×
Interest coverage	0×	18.64×	9.69×	-3.65×	186.6×	55.9×	46.39×	39.08×
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	4.9%	1.9%	-6.5%	-1.8%	3.4%	1.0%	0.3%	0.7%
Return on invested capital	5.9%	2.1%	-3.9%	-0.9%	6.0%	2.8%	3.3%	2.6%
Return on assets	3.2%	1.3%	-5.0%	-1.6%	3.0%	0.9%	0.2%	0.4%
Free cash flow yield	28.2%	10.9%	-24.0%	8.6%	12.5%	7.7%	-12.7%	-88.8%
Earnings yield	7.6%	2.6%	-13.2%	-3.7%	6.9%	1.7%	0.5%	1.5%
Enterprise value	₹697.8M	₹983.9M	₹625.9M	₹385.6M	₹349.1M	₹342.9M	₹518M	₹661.9M
Net debt / EBITDA	2.77×	21.33×	7.89×	2.46×	0.1×	-0.03×	5×	16.47×
Cash conversion cycle (days)	-105	-30	80	1,159	38	38	94	122