NDR Auto Components Limited (NDRAUTO.NS) 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

-102.2%

-₹15.95

vs ₹735.00 price

Levered DCF

-₹56.05

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

7.27

Safe zone

Rating

D+

Overall 1 / 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	23.46×	30.4×	26.4×	11.74×	15.74×	13.05×	10.43×	8.4×
P/B	4.06×	5.36×	4.03×	1.51×	1.23×	0.63×	0.41×	0.42×
P/S	1.77×	2.27×	1.7×	0.84×	1.01×	0.98×	0.71×	0.61×
EV / EBITDA	16.45×	21.83×	18.34×	7.77×	9.38×	7.94×	4.75×	5.57×
Gross margin	19.4%	23.9%	21.9%	23.5%	22.5%	3.8%	25.4%	21.6%
Operating margin	8.5%	20.8%	19.1%	6.6%	4.3%	1.2%	-8.3%	17.9%
Net margin	7.5%	7.5%	6.4%	7.2%	6.4%	7.5%	6.8%	7.3%
Current ratio	1.22×	1.39×	1.47×	1.39×	2.67×	3.39×	6.1×	5.06×
Debt / equity	0.17×	0.11×	0.12×	0.15×	0.07×	0.02×	0×	0×
Interest coverage	21.21×	45.92×	40.17×	14.46×	13.92×	11.48×	-51.92×	0×
Dividend yield	0.4%	0.3%	0.3%	0.4%	0.3%	0.0%	0.0%	0.0%
Payout ratio	10.5%	8.3%	7.6%	5.2%	3.9%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	17.3%	17.6%	15.3%	12.9%	7.8%	4.8%	3.9%	5.0%
Return on invested capital	12.8%	34.6%	31.5%	8.2%	4.0%	0.6%	-4.7%	12.0%
Return on assets	11.0%	11.0%	9.8%	8.2%	6.0%	3.8%	3.5%	4.3%
Free cash flow yield	-2.3%	2.2%	-0.7%	0.6%	-12.2%	-14.8%	4.5%	32.0%
Earnings yield	4.3%	3.3%	3.8%	8.5%	6.4%	7.7%	9.6%	11.9%
Enterprise value	₹14.9B	₹16B	₹10.3B	₹3.5B	₹2.5B	₹1.1B	₹638.3M	₹156.7M
Net debt / EBITDA	0.42×	-0.25×	0.17×	0.54×	0.46×	0.04×	-0.36×	-18.87×
Cash conversion cycle (days)	2	-7	-3	-12	-41	25	-18	-35