Lakshmi Engineering and Warehousing Ltd (LAKSHMIEW.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

-111.0%

-₹230.31

vs ₹2,101.00 price

Levered DCF

-₹1.88

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

5.81

Safe zone

Rating

D+

Overall 1 / 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	81.91×	176.61×	57.02×	24.08×	16.77×	12.62×	5.06×	21.16×
P/B	6.02×	6.82×	6.07×	2.56×	2.35×	1.99×	-15.04×	3.22×
P/S	9.56×	11.6×	8.9×	4.03×	3.69×	3.09×	1.33×	3.26×
EV / EBITDA	28.29×	92.25×	27.44×	12.38×	9.29×	7.3×	4.29×	12.24×
Gross margin	87.8%	88.0%	57.7%	59.1%	87.9%	66.2%	67.8%	85.5%
Operating margin	18.2%	52.1%	55.5%	56.5%	59.6%	63.5%	66.1%	51.8%
Net margin	11.7%	6.6%	15.6%	16.7%	22.0%	24.4%	26.4%	15.4%
Current ratio	1.32×	1.63×	1.32×	1.56×	1.79×	1.71×	1.78×	2.96×
Debt / equity	0.44×	0.46×	0.23×	0.3×	0.24×	0.31×	-4.37×	0.44×
Interest coverage	1.93×	7.84×	10.7×	8.08×	10.09×	8.59×	14.3×	20.77×
Dividend yield	0.5%	0.5%	0.5%	1.1%	0.0%	0.0%	0.0%	0.0%
Payout ratio	37.0%	88.1%	30.4%	25.5%	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	7.4%	3.9%	10.7%	10.6%	14.0%	15.8%	-297.1%	15.2%
Return on invested capital	4.8%	19.1%	20.0%	18.6%	18.7%	20.2%	31.3%	20.0%
Return on assets	4.1%	2.2%	7.0%	6.7%	9.0%	9.4%	13.7%	7.5%
Free cash flow yield	-1.0%	-0.1%	0.0%	8.4%	-3.1%	-11.4%	-2.4%	4.2%
Earnings yield	1.2%	0.6%	1.8%	4.2%	6.0%	7.9%	19.8%	4.7%
Enterprise value	₹1.5B	₹1.5B	₹1.4B	₹570.6M	₹479.6M	₹367.8M	₹214.6M	₹300.2M
Net debt / EBITDA	1.94×	0.76×	1.01×	1.27×	0.84×	0.94×	0.9×	1.37×
Cash conversion cycle (days)	244	77	63	208	139	184	61	237