Lancer Container Lines Limited (LANCER.NS) 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

-221.7%

-₹12.58

vs ₹10.34 price

Levered DCF

-₹16.07

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

1.07

Distress 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	680.45×	-10,324.14×	15.45×	54.7×	50.2×	149.67×	181.18×	177.19×
P/B	5.48×	7.39×	2.25×	4.55×	19.83×	32.58×	41.69×	53.53×
P/S	9.74×	5.15×	1.42×	1×	2.26×	4.65×	5.48×	7.36×
EV / EBITDA	103.49×	241.45×	9.64×	10.98×	27.92×	56.75×	64.12×	67.54×
Gross margin	-2.7%	3.8%	15.4%	9.7%	7.1%	5.5%	6.7%	9.0%
Operating margin	-6.1%	3.8%	15.3%	11.6%	8.7%	8.8%	10.2%	12.5%
Net margin	1.4%	-0.0%	9.2%	6.4%	4.5%	3.1%	3.0%	4.2%
Current ratio	1.37×	2×	2.46×	5.89×	1.18×	1.05×	0.9×	0.73×
Debt / equity	0.04×	0.14×	0.28×	1.54×	0.58×	0.69×	1.02×	1.28×
Interest coverage	-3.94×	4.78×	8.47×	7.81×	23.34×	8.71×	8.89×	10.4×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.7%	0.2%	0.4%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	0.8%	-0.1%	14.6%	29.3%	39.5%	21.8%	23.0%	30.3%
Return on invested capital	-2.9%	-1.2%	15.8%	16.3%	34.8%	26.6%	28.0%	27.8%
Return on assets	0.7%	-0.1%	10.4%	10.2%	14.4%	7.7%	8.3%	9.8%
Free cash flow yield	0.2%	-0.9%	0.1%	-34.9%	1.9%	1.8%	0.8%	-0.8%
Earnings yield	0.1%	-0.0%	6.5%	6.4%	2.0%	0.7%	0.6%	0.6%
Enterprise value	₹38.4B	₹36.3B	₹9.8B	₹10.8B	₹14.5B	₹14.6B	₹14.8B	₹14.8B
Net debt / EBITDA	0.15×	2.36×	0.76×	2.47×	-0.12×	0.47×	1.31×	1.41×
Cash conversion cycle (days)	57	21	39	23	9	-19	-7	-6