La Opala RG Limited (LAOPALA.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

+120.4%

₹322.44

vs ₹146.33 price

Levered DCF

₹212.43

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

—

Rating

B-

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	19.71×	26.31×	28.02×	30.64×	44.1×	49.62×	19.44×	32.26×
P/B	2.22×	3.08×	4.2×	4.86×	5.2×	3.7×	3×	4.51×
P/S	5.89×	7.65×	9.87×	8.38×	12.02×	11.71×	6.12×	8.66×
EV / EBITDA	12.51×	16.35×	19.94×	20.14×	29.77×	32.21×	13.56×	18.41×
Gross margin	42.5%	38.6%	85.9%	82.2%	78.1%	71.0%	41.3%	44.7%
Operating margin	30.7%	27.1%	31.7%	33.7%	33.9%	26.9%	33.3%	35.1%
Net margin	29.9%	29.1%	35.2%	27.3%	27.3%	23.6%	31.5%	26.8%
Current ratio	19.69×	18.23×	20.27×	8.51×	7.12×	8.28×	9.23×	9.04×
Debt / equity	0.01×	0.01×	0.01×	0.02×	0.02×	0×	0.01×	0×
Interest coverage	19.4×	17.08×	17.73×	20.25×	26.72×	223.23×	155.03×	142.06×
Dividend yield	4.6%	4.4%	0.9%	0.8%	0.9%	0.0%	2.0%	0.6%
Payout ratio	90.3%	115.1%	26.1%	25.3%	38.1%	0.0%	38.1%	19.9%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	11.3%	11.7%	15.0%	15.9%	11.8%	7.4%	15.5%	14.0%
Return on invested capital	8.4%	7.5%	10.7%	13.5%	10.4%	6.3%	12.4%	11.3%
Return on assets	10.3%	10.7%	13.8%	13.7%	10.3%	6.7%	13.8%	12.3%
Free cash flow yield	3.4%	3.6%	1.7%	2.3%	1.5%	1.5%	2.3%	1.4%
Earnings yield	5.1%	3.8%	3.6%	3.3%	2.3%	2.0%	5.1%	3.1%
Enterprise value	₹18.3B	₹25.5B	₹35.9B	₹37.8B	₹38.7B	₹24.6B	₹16.4B	₹23.9B
Net debt / EBITDA	0.06×	0.07×	0.05×	0.07×	0.11×	0.02×	0.04×	0×
Cash conversion cycle (days)	206	146	678	255	128	167	161	150