MRP Agro Limited (MRP.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

-174.7%

-₹67.24

vs ₹90.00 price

Levered DCF

-₹31.73

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

—

Rating

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	49.41×	19.03×	61.39×	116.18×	103.95×	77.45×	188.1×	303.85×
P/B	4.91×	3.97×	4.72×	4.4×	4.57×	2.74×	20.98×	95.51×
P/S	3.42×	1.24×	1.42×	1.25×	1.14×	1×	0.97×	1.89×
EV / EBITDA	37.71×	11.57×	43.34×	77.71×	74.38×	54.49×	101.65×	153.83×
Gross margin	8.8%	10.6%	4.3%	3.9%	4.7%	3.4%	4.9%	5.0%
Operating margin	6.5%	7.8%	3.6%	1.6%	1.6%	2.0%	0.9%	1.3%
Net margin	6.9%	6.6%	2.3%	1.1%	1.1%	1.3%	0.5%	0.6%
Current ratio	18.74×	11.06×	2.32×	7.72×	60.77×	78.27×	10.41×	1.95×
Debt / equity	0.06×	0×	0.14×	0.05×	0×	0×	0.17×	3.97×
Interest coverage	52.78×	34.57×	16.51×	10.65×	106.83×	38.44×	3.73×	2.06×
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	9.9%	21.2%	7.7%	3.8%	4.4%	3.6%	11.2%	32.4%
Return on invested capital	6.7%	18.7%	7.9%	3.9%	4.7%	4.0%	12.8%	9.9%
Return on assets	8.8%	19.8%	6.6%	3.6%	4.3%	3.5%	8.6%	4.6%
Free cash flow yield	-1.1%	-3.3%	-7.8%	4.1%	0.8%	-25.4%	-0.9%	-2.9%
Earnings yield	2.0%	5.3%	1.6%	0.9%	1.0%	1.3%	0.5%	0.3%
Enterprise value	₹2B	₹1.2B	₹619.5M	₹351.5M	₹346.3M	₹198.8M	₹352.7M	₹367.4M
Net debt / EBITDA	-0.05×	-0.52×	0.56×	-0.34×	-1.44×	-0.9×	-0.1×	6×
Cash conversion cycle (days)	83	47	2	12	82	124	16	22