Nanavati Ventures Limited (NVENTURES.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

-484.8%

-₹302.09

vs ₹78.50 price

Levered DCF

-₹344.25

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

2.42

Grey zone

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	654.71×	206.17×	122.62×	92.12×	435.45×	48.88×	106.44×	21,772.73×
P/B	2.18×	2.13×	1.08×	0.93×	0.94×	0.94×	111.87×	-2,056.89×
P/S	2.63×	5.5×	0.93×	0.49×	0.31×	0.52×	0.97×	10.46×
EV / EBITDA	272.55×	144.56×	-1,019.14×	33.18×	-158.48×	60.01×	71.18×	6,752.59×
Gross margin	1.9%	3.4%	1.1%	3.5%	1.8%	3.3%	2.1%	2.1%
Operating margin	0.9%	0.9%	-0.2%	1.6%	0.2%	1.8%	1.3%	0.3%
Net margin	0.4%	2.7%	0.8%	0.5%	0.1%	1.1%	0.9%	0.0%
Current ratio	2.31×	4.79×	169.57×	67.92×	1.53×	14.19×	1.01×	0.99×
Debt / equity	0×	0×	0×	0×	0×	0×	0×	0×
Interest coverage	0×	21.37×	-20×	0×	0×	515.75×	0×	0×
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	0.3%	1.0%	0.9%	1.0%	0.2%	1.9%	105.4%	-9.4%
Return on invested capital	0.3%	0.3%	-0.2%	2.2%	0.3%	2.5%	104.9%	-37.5%
Return on assets	0.2%	0.8%	0.9%	1.0%	0.1%	1.8%	1.9%	0.0%
Free cash flow yield	-0.0%	-0.1%	-56.7%	-28.1%	1.7%	-106.8%	4.4%	-0.0%
Earnings yield	0.1%	0.5%	0.8%	1.1%	0.2%	2.1%	0.9%	0.0%
Enterprise value	₹490.3M	₹477.6M	₹239.5M	₹77.5M	₹56.3M	₹57.3M	₹55.3M	₹57.9M
Net debt / EBITDA	-0.08×	-0.12×	4.29×	-0.61×	4.79×	-0.74×	-3.39×	-8.84×
Cash conversion cycle (days)	438	949	312	172	96	81	-16	-14