MRC Agrotech Ltd. (MRCAGRO.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

-498.2%

-₹122.09

vs ₹30.66 price

Levered DCF

-₹26.62

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

—

Rating

C-

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	FY2019	FY2018
P/E	824.25×	12.13×	13.48×	39.58×	39.58×	132.05×	380.76×	187.91×
P/B	20.35×	0.39×	0.88×	1.07×	1.1×	1.13×	2.24×	2.25×
P/S	12.08×	0.36×	0.82×	2.05×	1.11×	2.35×	1.61×	2.21×
EV / EBITDA	691.69×	9.49×	10.91×	28.85×	30.33×	71.8×	120.25×	136.81×
Gross margin	3.4%	6.1%	1.0%	6.1%	1.2%	-1.9%	-1.5%	-2.4%
Operating margin	1.6%	2.8%	-3.6%	-1.0%	-1.3%	-7.2%	-2.6%	-3.9%
Net margin	1.5%	3.0%	6.1%	5.1%	3.7%	1.8%	0.4%	1.2%
Current ratio	1.1×	1.38×	2.56×	3.62×	7.37×	2.68×	6.13×	4.48×
Debt / equity	0.19×	0.15×	0.12×	0.02×	0.06×	0.01×	0.04×	0.2×
Interest coverage	53.99×	48.35×	-34.7×	-2,888.38×	-151.42×	-24.73×	-17.67×	-8.75×
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	2.5%	3.2%	6.5%	2.7%	3.7%	0.9%	0.6%	1.2%
Return on invested capital	1.6%	1.9%	-2.6%	-0.4%	-1.2%	-2.5%	-2.3%	-3.3%
Return on assets	1.1%	2.2%	4.0%	1.9%	3.0%	0.5%	0.5%	1.0%
Free cash flow yield	0.2%	-21.3%	-9.9%	-0.2%	-3.6%	-5.3%	8.2%	-11.4%
Earnings yield	0.1%	8.3%	7.4%	2.5%	3.3%	0.8%	0.3%	0.5%
Enterprise value	₹10.9B	₹156.9M	₹127.9M	₹136.4M	₹141.5M	₹136.6M	₹273.5M	₹295.8M
Net debt / EBITDA	5.99×	2.23×	0.61×	0.06×	1.16×	0.28×	0.56×	10.92×
Cash conversion cycle (days)	5	89	173	238	338	231	178	355