Mayank Cattle Food Limited (MCFL.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

-114.6%

-₹20.77

vs ₹142.70 price

Levered DCF

-₹142.88

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

8.45

Safe zone

Rating

D+

Overall 1 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
P/E	12.95×	24.68×	14.69×	33.36×	54.85×	61.19×
P/B	2.05×	3.87×	1.66×	9.21×	12.72×	16.56×
P/S	0.19×	0.32×	0.15×	0.14×	0.14×	0.24×
EV / EBITDA	8.75×	11.88×	8.22×	13.28×	17.47×	16.99×
Gross margin	7.3%	8.0%	7.8%	6.5%	5.9%	6.9%
Operating margin	6.2%	2.7%	2.4%	1.5%	1.0%	1.5%
Net margin	1.5%	1.3%	1.0%	0.4%	0.2%	0.4%
Current ratio	1.47×	1.49×	1.72×	1.16×	1.41×	1.39×
Debt / equity	1.05×	1.13×	1.31×	8.32×	9.18×	9.57×
Interest coverage	0×	2.85×	2.07×	0×	0×	0×
Dividend yield	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%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
Return on equity	15.8%	15.7%	11.3%	27.6%	23.2%	27.1%
Return on invested capital	23.0%	10.7%	8.6%	7.7%	6.2%	7.3%
Return on assets	7.1%	6.9%	4.3%	2.7%	1.9%	2.1%
Free cash flow yield	-1.9%	2.7%	-25.9%	-11.3%	-13.8%	2.4%
Earnings yield	7.7%	4.1%	6.8%	3.0%	1.8%	1.6%
Enterprise value	₹1.2B	₹1.6B	₹796.6M	₹833.8M	₹753.9M	₹672.8M
Net debt / EBITDA	2.96×	2.68×	3.62×	6.3×	7.31×	5.92×
Cash conversion cycle (days)	51	48	65	35	23	22