Laxmipati Engineering Works Ltd. (LAXMIPATI.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

-355.9%

-₹934.15

vs ₹365.00 price

Levered DCF

-₹1,777.95

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

6.3

Safe zone

Rating

—

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	5.32×	21.25×	47.26×	-7.76×	163.59×	-5.5×	21.63×	36.46×
P/B	4.04×	16.11×	17.7×	28.27×	6.09×	6.33×	2.94×	3.41×
P/S	2×	2.76×	0.91×	2.41×	1.31×	1.96×	1.76×	3.25×
EV / EBITDA	12.73×	18.1×	12.45×	-299.23×	16×	-12.92×	14.97×	23.95×
Gross margin	31.9%	60.6%	16.4%	3.4%	18.9%	-16.1%	22.7%	21.1%
Operating margin	15.5%	17.8%	11.8%	-9.3%	11.6%	-27.1%	13.6%	14.9%
Net margin	37.6%	13.0%	1.9%	-31.1%	0.8%	-35.6%	8.1%	8.9%
Current ratio	1.78×	2.32×	1.74×	1.39×	2×	2.56×	3.52×	4.56×
Debt / equity	0.47×	5.26×	19.35×	29.03×	5.1×	4.23×	1.01×	1.09×
Interest coverage	4.54×	2.1×	1.24×	-0.46×	1.16×	-3.16×	3.66×	3.76×
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	75.9%	75.8%	37.4%	-364.1%	3.8%	-115.1%	13.6%	9.3%
Return on invested capital	16.9%	16.3%	8.6%	-3.5%	4.1%	-16.0%	9.0%	6.0%
Return on assets	41.8%	10.9%	1.7%	-10.8%	0.6%	-18.7%	6.1%	4.1%
Free cash flow yield	-5.8%	-0.1%	-6.5%	-19.4%	-17.6%	-32.3%	-2.6%	-10.9%
Earnings yield	18.8%	4.7%	2.1%	-12.9%	0.6%	-18.2%	4.6%	2.7%
Enterprise value	₹1.6B	₹1.8B	₹767.5M	₹743.6M	₹672.5M	₹608M	₹488M	₹478.4M
Net debt / EBITDA	1.32×	4.45×	6.5×	-151.55×	7.27×	-5.12×	3.71×	5.58×
Cash conversion cycle (days)	176	264	115	213	78	134	119	187