Money Masters Leasing & Finance Limited (MMLF.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

-183.4%

-₹0.58

vs ₹0.70 price

Levered DCF

-₹0.74

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	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	13.75×	37.4×	302.76×	41.48×	17.49×	12.14×	8.79×	3.56×
P/B	0.33×	1.22×	10.03×	1.44×	0.53×	0.38×	0.32×	0.14×
P/S	3.24×	8.94×	74.54×	9.03×	3.26×	2.37×	1.77×	0.71×
EV / EBITDA	38.4×	45.6×	122.94×	20.89×	13.78×	10.94×	8.38×	7.01×
Gross margin	79.6%	62.6%	93.0%	92.1%	90.0%	87.4%	89.1%	89.8%
Operating margin	31.5%	32.3%	67.7%	66.7%	63.0%	67.6%	69.6%	65.5%
Net margin	23.6%	23.9%	24.6%	21.8%	18.6%	19.5%	20.1%	14.6%
Current ratio	0×	0.23×	0.37×	0.24×	0.41×	1.19×	1.66×	13.43×
Debt / equity	0.91×	0.81×	0.82×	0.82×	0.88×	0.77×	0.69×	0.69×
Interest coverage	0×	1.23×	2.13×	1.8×	1.78×	1.87×	1.87×	1.71×
Dividend yield	0.8%	0.7%	0.0%	0.2%	0.5%	3.2%	3.5%	12.8%
Payout ratio	11.5%	24.7%	8.8%	9.4%	8.2%	38.3%	30.7%	62.8%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	2.4%	3.3%	3.3%	3.5%	3.0%	3.1%	3.7%	2.9%
Return on invested capital	1.2%	1.8%	3.6%	4.1%	3.8%	4.3%	5.3%	5.5%
Return on assets	1.2%	1.7%	1.7%	1.8%	1.6%	1.7%	2.1%	1.7%
Free cash flow yield	0.0%	3.1%	0.4%	5.8%	9.7%	12.6%	14.3%	34.0%
Earnings yield	7.3%	2.7%	0.3%	2.4%	5.7%	8.2%	11.4%	20.5%
Enterprise value	₹185.4M	₹318.7M	₹1.7B	₹318.3M	₹192.3M	₹150.9M	₹131.8M	₹104.6M
Net debt / EBITDA	28.24×	18.21×	9.15×	7.58×	8.57×	7.27×	5.7×	5.8×
Cash conversion cycle (days)	0	-17	-112	-34	-26	-24	-22	-5