Netlink Solutions (India) Limited (NETLINK.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

-97.2%

₹4.65

vs ₹168.90 price

Levered DCF

₹2.16

After debt service

Piotroski score

3 / 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	22.13×	5.29×	2.9×	7.26×	23.42×	15.02×	-11.61×	-115.13×
P/B	1.39×	0.93×	1.07×	2.19×	3.14×	3.63×	4.78×	3.56×
P/S	933.63×	115.09×	13.57×	16.55×	70.38×	567.11×	169.94×	79.04×
EV / EBITDA	21.18×	2.65×	1.86×	5.67×	17.97×	14.75×	-11.09×	-112.85×
Gross margin	-2215.4%	-440.6%	62.3%	66.2%	-27.1%	-314.6%	-23.0%	-45.8%
Operating margin	-3120.8%	-896.1%	18.4%	26.6%	-150.2%	-1348.8%	-453.7%	-204.4%
Net margin	4218.9%	2176.1%	468.4%	228.0%	300.4%	3773.6%	-1463.7%	-68.4%
Current ratio	43.34×	497.53×	8.36×	5.57×	11.89×	12.12×	9.99×	6.51×
Debt / equity	0×	0×	0×	0×	0×	0×	0×	0×
Interest coverage	0×	0×	301.17×	0×	0×	-749.18×	-2,312.5×	-4,705.5×
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	6.3%	17.6%	36.8%	30.2%	13.4%	24.1%	-41.2%	-3.1%
Return on invested capital	-4.6%	-5.5%	1.2%	2.9%	-5.8%	-8.6%	-12.1%	-8.1%
Return on assets	6.3%	17.3%	34.5%	27.4%	13.1%	23.5%	-39.7%	-2.9%
Free cash flow yield	0.0%	5.4%	22.2%	5.8%	-1.5%	-4.3%	-1.7%	2.4%
Earnings yield	4.5%	18.9%	34.5%	13.8%	4.3%	6.7%	-8.6%	-0.9%
Enterprise value	₹444.3M	₹188.1M	₹206.8M	₹330.7M	₹342.4M	₹345.5M	₹345.9M	₹363.4M
Net debt / EBITDA	-0.23×	-1.34×	-0.54×	-0.27×	-0.21×	-0.04×	0.02×	0.17×
Cash conversion cycle (days)	1,197	13	0	1,882	0	0	3,839	1,552