Magna Electro Castings Limited (MAGNAELQ.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

-139.7%

-₹495.67

vs ₹1,248.00 price

Levered DCF

-₹566.56

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

—

Rating

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	20.46×	16.67×	12.63×	6.87×	10.86×	15.17×	6.93×	7.63×
P/B	2.61×	2.98×	1.76×	1.25×	1.07×	1.1×	0.63×	1.23×
P/S	1.92×	2.18×	1.36×	0.73×	0.63×	0.81×	0.48×	0.71×
EV / EBITDA	11.15×	11.02×	7.59×	4.02×	5.81×	6.97×	3.36×	4.14×
Gross margin	22.9%	41.1%	37.8%	33.3%	29.8%	52.6%	63.1%	17.2%
Operating margin	12.4%	16.8%	13.0%	11.3%	6.6%	6.1%	7.0%	10.3%
Net margin	9.4%	13.1%	10.8%	10.7%	5.8%	5.4%	6.9%	9.3%
Current ratio	2.52×	2.13×	4.07×	3.24×	2.73×	3.33×	4.32×	3.38×
Debt / equity	0.1×	0.09×	0×	0×	0.06×	0×	0×	0×
Interest coverage	24.63×	109.67×	90.85×	52.55×	27.58×	78.88×	58.46×	43.49×
Dividend yield	0.7%	0.5%	0.7%	0.9%	0.7%	0.0%	7.4%	1.1%
Payout ratio	13.7%	9.2%	8.4%	6.2%	7.5%	0.0%	51.4%	8.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	12.7%	17.9%	13.9%	18.1%	9.9%	7.3%	9.1%	16.1%
Return on invested capital	10.9%	15.4%	12.2%	13.9%	7.7%	5.9%	7.0%	13.0%
Return on assets	9.5%	12.7%	11.8%	14.4%	7.2%	5.7%	7.5%	12.6%
Free cash flow yield	-9.0%	-2.2%	1.1%	5.1%	-6.5%	6.1%	11.4%	5.9%
Earnings yield	4.9%	6.0%	7.9%	14.5%	9.2%	6.6%	14.4%	13.1%
Enterprise value	₹3.9B	₹4B	₹1.9B	₹1.2B	₹886.3M	₹779.3M	₹436.3M	₹855.5M
Net debt / EBITDA	0.37×	0.3×	-0.07×	-0.05×	0.31×	-0.05×	-0.21×	-0.07×
Cash conversion cycle (days)	73	61	113	83	118	96	91	95