Minaxi Textiles Ltd (MINAXI.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

-246.4%

-₹1.77

vs ₹1.21 price

Levered DCF

₹4.79

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

—

Rating

C+

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	4.19×	-16.18×	-4.25×	-1.33×	-9.84×	-1.78×	12.5×	25.99×
P/B	1.78×	3.68×	4.74×	1.39×	1.28×	0.2×	0.1×	0.27×
P/S	0.32×	0.3×	0.39×	0.31×	0.52×	0.2×	0.11×	0.1×
EV / EBITDA	4.95×	16.01×	-15.11×	-5.13×	46.7×	23.09×	7.81×	4.5×
Gross margin	12.7%	15.9%	4.9%	-22.6%	3.2%	11.2%	9.3%	16.3%
Operating margin	2.2%	1.3%	-9.9%	-22.9%	0.4%	3.4%	17.2%	7.2%
Net margin	7.7%	-1.8%	-9.1%	-23.0%	-5.3%	-11.2%	0.9%	0.4%
Current ratio	1.16×	0.89×	1.07×	1.38×	1.88×	1.52×	1.53×	1.26×
Debt / equity	2.9×	6.18×	6.04×	3.44×	1.75×	1.72×	1.37×	1.23×
Interest coverage	0.46×	0.23×	-2.69×	-2.85×	0.05×	0.2×	1.07×	1.02×
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	42.5%	-22.7%	-111.4%	-104.9%	-13.1%	-11.7%	0.8%	1.1%
Return on invested capital	2.3%	1.7%	-13.9%	-17.5%	0.3%	1.1%	6.3%	9.2%
Return on assets	8.1%	-2.4%	-12.3%	-17.1%	-3.9%	-3.8%	0.3%	0.4%
Free cash flow yield	-14.2%	38.4%	35.8%	35.5%	30.1%	-14.4%	-15.8%	217.9%
Earnings yield	23.8%	-6.2%	-23.5%	-75.3%	-10.2%	-56.9%	8.0%	3.8%
Enterprise value	₹197M	₹228.4M	₹301M	₹285.9M	₹366.8M	₹265.2M	₹224.8M	₹229.1M
Net debt / EBITDA	3.07×	10.02×	-8.46×	-3.65×	26.88×	20.64×	7.3×	3.68×
Cash conversion cycle (days)	95	83	87	189	277	772	747	212