Maitri Enterprises Ltd. (MAITRI.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

-593.0%

-₹153.33

vs ₹31.10 price

Levered DCF

₹80.68

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

—

Rating

Overall 3 / 5

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	21.2×	68.42×	-24.39×	-11,132×	53.52×	73.24×	32.36×	420.39×
P/B	2.43×	2.45×	2.42×	2.46×	2.45×	2.59×	2.68×	2.92×
P/S	0.38×	0.4×	0.58×	0.92×	0.61×	1.16×	0.79×	0.86×
EV / EBITDA	10.02×	15.31×	55.49×	30.58×	23.65×	29.98×	20.18×	76.88×
Gross margin	33.6%	29.1%	16.7%	16.3%	12.9%	19.1%	7.6%	6.0%
Operating margin	3.6%	7.3%	9.2%	3.2%	3.0%	1.4%	4.7%	1.8%
Net margin	1.8%	0.6%	-2.4%	-0.0%	1.1%	1.6%	2.4%	0.2%
Current ratio	1.58×	1.58×	2.47×	2.33×	2.31×	1.31×	1.37×	1.38×
Debt / equity	0.92×	1.47×	2.33×	1.28×	1.15×	0.2×	0.06×	0×
Interest coverage	1.72×	2.73×	2.39×	1.19×	1.93×	2.12×	23.15×	0×
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	11.5%	3.6%	-9.9%	-0.0%	4.5%	3.5%	8.3%	0.7%
Return on invested capital	7.8%	9.3%	11.6%	-0.0%	3.7%	1.7%	11.6%	3.9%
Return on assets	4.1%	1.0%	-2.1%	-0.0%	1.3%	1.1%	3.5%	0.2%
Free cash flow yield	22.3%	25.8%	0.0%	-0.1%	-3.4%	-6.2%	11.9%	1.8%
Earnings yield	4.7%	1.5%	-4.1%	-0.0%	1.9%	1.4%	3.1%	0.2%
Enterprise value	₹171.3M	₹179.6M	₹209.5M	₹181.4M	₹174.5M	₹55.1M	₹52.6M	₹51.6M
Net debt / EBITDA	2.53×	5.51×	26.49×	9.94×	7.18×	1.22×	-0.1×	-1.86×
Cash conversion cycle (days)	59	94	195	259	177	61	41	8