Machino Plastics Limited (MACPLASQ.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

-1211.4%

-₹3,025.86

vs ₹272.25 price

Levered DCF

-₹2,118.25

After debt service

Piotroski score

2 / 9

Weak

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	104.31×	16.25×	39.08×	76.44×	-49.2×	-29.71×	-27×	301.14×
P/B	1.01×	2.19×	2.64×	2.39×	2.48×	2.35×	2.18×	2×
P/S	0.28×	0.36×	0.43×	0.37×	0.46×	0.58×	0.5×	0.4×
EV / EBITDA	10.65×	9.66×	9.1×	9.65×	12.89×	13.51×	11.49×	8.82×
Gross margin	25.5%	46.6%	20.7%	35.2%	35.3%	37.8%	38.2%	33.6%
Operating margin	4.3%	33.7%	3.6%	2.7%	1.1%	0.7%	-0.4%	2.1%
Net margin	0.3%	2.2%	1.1%	0.5%	-0.9%	-2.0%	-1.9%	0.1%
Current ratio	0.77×	0.79×	0.84×	0.71×	0.67×	0.63×	0.51×	0.61×
Debt / equity	1.83×	2.83×	1.62×	1.72×	1.92×	1.97×	1.68×	1.87×
Interest coverage	1.13×	11.25×	1.79×	1.36×	0.46×	0.2×	-0.13×	0.96×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.6%	0.6%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	-16.4%	180.1%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	1.0%	13.5%	6.8%	3.1%	-5.0%	-7.9%	-8.1%	0.7%
Return on invested capital	2.5%	40.6%	5.8%	4.7%	1.5%	0.6%	-0.3%	3.4%
Return on assets	0.2%	2.5%	1.8%	0.9%	-1.4%	-2.4%	-2.6%	0.2%
Free cash flow yield	-44.4%	-56.4%	-1.9%	10.3%	13.8%	-0.6%	20.4%	-7.4%
Earnings yield	1.0%	6.2%	2.6%	1.3%	-2.0%	-3.4%	-3.7%	0.3%
Enterprise value	₹3.9B	₹3.2B	₹2.3B	₹2.1B	₹2.1B	₹2.2B	₹2.2B	₹2.3B
Net debt / EBITDA	6.86×	5.44×	3.45×	3.97×	5.55×	6.15×	5×	4.15×
Cash conversion cycle (days)	49	69	62	48	73	87	47	50