Neelamalai Agro Industries Limited (NEAGI.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

-90.1%

₹317.28

vs ₹3,200.00 price

Levered DCF

-₹1,179.46

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

—

Rating

B-

Overall 3 / 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	6.62×	8.85×	5.98×	7.37×	7.1×	4.22×	3.14×	6.12×
P/B	0.59×	0.69×	0.84×	0.84×	1.06×	0.52×	0.32×	0.55×
P/S	7.58×	8.83×	9.22×	8.41×	7.81×	3.36×	2.16×	2.47×
EV / EBITDA	-116.12×	-236.15×	12.86×	-139.18×	320.91×	26.98×	-38.71×	35.47×
Gross margin	21.7%	19.0%	82.9%	82.0%	84.5%	10.0%	65.4%	63.2%
Operating margin	-15.1%	-18.1%	15.6%	-17.4%	-6.4%	-0.9%	-10.5%	-1.2%
Net margin	114.4%	99.8%	154.0%	114.1%	110.0%	79.8%	68.9%	40.3%
Current ratio	3.96×	4.86×	6.87×	5.01×	3.7×	4.21×	4.16×	3.78×
Debt / equity	0×	0×	0×	0×	0×	0×	0×	0×
Interest coverage	-280.77×	-308.76×	303.35×	-42.04×	-21.31×	-2.47×	-16.78×	-2.09×
Dividend yield	1.0%	1.5%	0.8%	0.6%	1.1%	0.6%	4.2%	2.7%
Payout ratio	6.4%	13.4%	4.8%	4.4%	7.7%	2.7%	13.2%	16.3%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	8.9%	7.7%	14.1%	11.4%	14.9%	12.4%	10.2%	8.9%
Return on invested capital	-1.1%	-1.4%	1.4%	-1.7%	-0.8%	-0.1%	-1.6%	-0.3%
Return on assets	8.6%	7.5%	13.7%	11.1%	14.2%	11.8%	9.9%	8.6%
Free cash flow yield	-0.5%	-0.9%	-2.7%	-1.3%	-2.3%	3.9%	-5.3%	0.2%
Earnings yield	15.1%	11.3%	16.7%	13.6%	14.1%	23.7%	31.8%	16.3%
Enterprise value	₹1.9B	₹2B	₹2.3B	₹2.1B	₹2.3B	₹987.8M	₹508M	₹849.2M
Net debt / EBITDA	0.25×	1.38×	-0.01×	0.1×	-0.26×	-0.08×	2.31×	-0.06×
Cash conversion cycle (days)	80	91	295	213	348	105	269	104