LWS Knitwear Limited (LWSKNIT.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

-95.3%

₹0.67

vs ₹14.24 price

Levered DCF

-₹180.61

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

—

Rating

B-

Overall 3 / 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	9.54×	6.5×	20.11×	20.68×	26.73×	13.26×	6.88×	4.33×
P/B	0.7×	0.54×	2.31×	0.57×	0.66×	0.32×	0.11×	0.2×
P/S	0.24×	0.15×	0.37×	0.1×	0.11×	0.07×	0.04×	0.04×
EV / EBITDA	7.01×	6.19×	14.8×	17.79×	16.41×	7.24×	3.89×	2.65×
Gross margin	6.2%	5.3%	4.9%	2.6%	1.8%	1.6%	2.3%	1.9%
Operating margin	5.4%	4.5%	4.2%	1.8%	1.0%	0.9%	1.0%	1.2%
Net margin	2.5%	2.3%	1.9%	0.5%	0.4%	0.5%	0.6%	0.8%
Current ratio	4.13×	3.55×	2.2×	1.37×	1.28×	1.2×	1.24×	1.49×
Debt / equity	0.55×	0.47×	1.6×	1.48×	0.48×	0.05×	0.05×	0.06×
Interest coverage	2.4×	3.28×	2.68×	1.51×	2.42×	6.84×	5.12×	12.86×
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	7.3%	8.3%	11.5%	2.7%	2.5%	2.4%	1.7%	4.5%
Return on invested capital	7.7%	8.2%	7.1%	3.2%	3.0%	2.7%	2.0%	4.4%
Return on assets	4.2%	4.8%	3.2%	0.6%	0.8%	0.9%	0.7%	2.2%
Free cash flow yield	4.2%	-72.2%	-30.9%	-91.9%	-87.9%	7.1%	156.1%	-110.9%
Earnings yield	10.5%	15.4%	5.0%	4.8%	3.7%	7.6%	14.6%	23.1%
Enterprise value	₹378.7M	₹306M	₹471.9M	₹213.4M	₹118.1M	₹35.3M	₹15.7M	₹21.3M
Net debt / EBITDA	2.81×	2.87×	5.98×	12.69×	6.75×	0.53×	1.05×	0.25×
Cash conversion cycle (days)	149	148	128	-39	18	-22	34	30