Laffans Petrochemicals Ltd. (LAFFANSQ.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

-73.3%

₹7.10

vs ₹26.65 price

Levered DCF

-₹15.29

After debt service

Piotroski score

2 / 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	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	58.04×	12.81×	14.72×	37.38×	-20.05×	4.06×	-2.01×	-19.67×
P/B	0.37×	0.4×	0.62×	0.5×	0.6×	0.23×	0.14×	0.28×
P/S	4.86×	3.15×	6.34×	1.78×	1.6×	0.81×	0.65×	4.46×
EV / EBITDA	30.37×	7.89×	8.89×	15.12×	-6.55×	-13.69×	-2.18×	-22.95×
Gross margin	-7.8%	13.1%	0.9%	2.0%	2.7%	4.2%	4.5%	-36.2%
Operating margin	-55.8%	-37.2%	-69.7%	-12.8%	-26.5%	-8.6%	-12.7%	-66.1%
Net margin	8.4%	24.6%	43.0%	4.8%	-8.0%	19.9%	-32.5%	-22.6%
Current ratio	5.4×	0.22×	1.29×	0.67×	0.94×	0.94×	1.12×	1.41×
Debt / equity	0.01×	0.01×	0.01×	0.01×	0×	0×	0×	0×
Interest coverage	-42.41×	-37.66×	-74.2×	-21.05×	-43.88×	-11.8×	-20.97×	-37.21×
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	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	0.6%	3.1%	4.2%	1.3%	-3.0%	5.6%	-7.0%	-1.4%
Return on invested capital	-4.2%	-3.6%	-4.6%	-2.1%	-8.4%	-1.4%	-2.7%	-3.2%
Return on assets	0.6%	2.9%	4.0%	1.3%	-2.8%	4.9%	-6.5%	-1.4%
Free cash flow yield	-10.2%	-23.3%	-4.8%	-1.2%	-2.0%	-4.0%	-5.4%	1.4%
Earnings yield	1.7%	7.8%	6.8%	2.7%	-5.0%	24.6%	-49.8%	-5.1%
Enterprise value	₹243.5M	₹260.4M	₹387.6M	₹293.2M	₹350.9M	₹135.1M	₹76.4M	₹165.5M
Net debt / EBITDA	0.44×	0.1×	0.08×	-0.15×	0.01×	0.05×	0.09×	0.4×
Cash conversion cycle (days)	-8	-1	60	11	-4	-7	5	99