Lotus Chocolate Company Limited (LOTUSCHO.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

-376.7%

-₹1,428.02

vs ₹516.00 price

Levered DCF

-₹889.15

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

4.7

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	7,739.07×	77.78×	90.1×	-36.25×	31.28×	10.65×	14.64×	19.42×
P/B	12.97×	22.51×	10.47×	294.75×	24.06×	10.46×	385.79×	-28.99×
P/S	1.34×	2.34×	2.22×	4.02×	2.16×	0.39×	0.19×	0.39×
EV / EBITDA	39.95×	48.01×	110.93×	-39.46×	30.9×	14.38×	17.01×	21.94×
Gross margin	11.6%	14.9%	14.9%	5.4%	17.2%	15.9%	11.7%	12.7%
Operating margin	-3.2%	11.8%	1.0%	-9.3%	7.0%	3.7%	1.3%	2.0%
Net margin	0.0%	3.0%	2.5%	-11.1%	6.9%	3.7%	1.3%	2.0%
Current ratio	1.16×	1.18×	2.16×	1.29×	1.84×	2.28×	2.33×	2.48×
Debt / equity	1.55×	2.63×	0.3×	6.64×	1.74×	8.98×	425.37×	-17.47×
Interest coverage	-1.14×	9.53×	2.39×	-25×	19.94×	8.98×	4.67×	8.64×
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	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	0.2%	28.9%	11.9%	-812.8%	76.9%	98.1%	2618.6%	-149.0%
Return on invested capital	-1.0%	23.3%	3.4%	-83.8%	27.8%	9.6%	6.4%	8.8%
Return on assets	0.0%	6.4%	6.9%	-47.1%	21.9%	7.9%	4.2%	6.3%
Free cash flow yield	11.2%	-10.8%	-8.6%	1.0%	2.8%	4.4%	22.2%	5.0%
Earnings yield	0.0%	1.3%	1.1%	-2.8%	3.2%	9.4%	6.8%	5.1%
Enterprise value	₹8.5B	₹15B	₹4.5B	₹2.6B	₹2B	₹341.3M	₹257.5M	₹410.6M
Net debt / EBITDA	3.77×	5.02×	1.7×	-0.81×	2.03×	6.43×	8.44×	8.08×
Cash conversion cycle (days)	75	107	39	21	71	115	51	65