Last Mile Enterprises Limited (LASTMILE.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

+48279.0%

₹2,041.59

vs ₹4.22 price

Levered DCF

₹175.94

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

—

Rating

Overall 3 / 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	8.12×	4.96×	61.61×	2.16×	1.25×	0.67×	0.97×	-3.27×
P/B	0.25×	0.2×	1.01×	0.76×	0.39×	0.64×	22×	-9.5×
P/S	0.04×	0.2×	0.8×	0.2×	0×	0×	0.72×	4.86×
EV / EBITDA	4.71×	4.05×	26.73×	2.55×	4.32×	3.63×	13.88×	-3.35×
Gross margin	0.9%	9.6%	3.4%	100.3%	0.0%	0.0%	29.0%	6.5%
Operating margin	0.5%	1.8%	-2.1%	11.7%	0.0%	0.0%	3.0%	0.8%
Net margin	0.5%	4.0%	1.9%	9.2%	0.0%	0.0%	73.9%	-148.2%
Current ratio	3.76×	3.52×	2.29×	1.01×	1.01×	1.09×	1.12×	0.89×
Debt / equity	0.07×	0.08×	0.48×	0.86×	1.12×	3.89×	150.12×	-2.97×
Interest coverage	3.75×	2.81×	-1.43×	6.61×	3.14×	4.4×	0.42×	0×
Dividend yield	0.7%	0.8%	0.3%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	5.9%	3.8%	13.4%	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	3.1%	4.1%	2.4%	35.2%	30.9%	96.7%	2268.7%	289.6%
Return on invested capital	2.2%	1.2%	-1.4%	16.1%	9.5%	17.4%	0.5%	0.8%
Return on assets	2.2%	2.9%	1.2%	10.2%	2.2%	4.4%	3.0%	-6.4%
Free cash flow yield	25.2%	-275.2%	-34.6%	-50.0%	177.9%	18.7%	-1101.6%	18.3%
Earnings yield	12.3%	20.2%	2.3%	46.3%	79.6%	150.0%	103.1%	-30.5%
Enterprise value	₹1.2B	₹1.1B	₹1.5B	₹206.9M	₹82.2M	₹169M	₹213.7M	₹335.8M
Net debt / EBITDA	0.94×	1.13×	8.22×	1.33×	3.2×	3.1×	12.09×	-0.78×
Cash conversion cycle (days)	15	110	130	-10,811	7,049	11,799	1,462	2,068