Neelkanth Rockminerals Limited (NEELKAN.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

-100.6%

-₹0.31

vs ₹56.10 price

Levered DCF

₹0.05

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	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	41.96×	30.67×	26.79×	24.75×	23.67×	3.58×	99×	108.9×
P/B	1.15×	0.74×	0.83×	0.72×	0.74×	0.77×	0.98×	0.98×
P/S	0×	0×	0×	0×	0×	0×	0×	0×
EV / EBITDA	-29.03×	-4,240.17×	9.31×	-27.29×	6.68×	2×	62.41×	69.3×
Gross margin	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Operating margin	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Net margin	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Current ratio	15.59×	7.26×	31.61×	32.33×	36.33×	17.31×	146.78×	122.26×
Debt / equity	0×	0×	0×	0.02×	0×	0×	0×	0×
Interest coverage	-3,275×	-1,215.67×	-0.87×	-578.37×	-684.25×	-829.81×	-1,462.34×	-2,315.11×
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	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	2.7%	2.4%	3.1%	2.9%	3.2%	21.4%	1.0%	0.9%
Return on invested capital	-2.8%	-3.4%	-1.0%	-1.9%	-2.3%	-4.4%	-3.7%	-2.9%
Return on assets	2.7%	2.4%	3.0%	2.8%	3.1%	20.2%	1.0%	0.9%
Free cash flow yield	-45.6%	0.0%	-4.9%	-64.2%	18.4%	-71.5%	-6.3%	-7.8%
Earnings yield	2.4%	3.3%	3.7%	4.1%	4.2%	27.9%	1.0%	0.9%
Enterprise value	₹95.1M	₹55.1M	₹61.7M	₹55.2M	₹26.3M	₹43.1M	₹54M	₹54.7M
Net debt / EBITDA	0.07×	326.15×	-0.48×	-0.15×	-7.28×	-0.55×	-1.03×	-0.23×
Cash conversion cycle (days)	0	0	0	0	-490,879	-114	1,029	9,546