Octal Credit Capital Limited (OCTAL.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

-88.6%

₹2.15

vs ₹18.88 price

Levered DCF

-₹0.61

After debt service

Piotroski score

—

Altman Z-score

—

Rating

D+

Overall 1 / 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	-7.06×	-19.49×	2.29×	-19.03×	3.59×	18.26×	-8.48×	-33.13×
P/B	0.48×	0.49×	0.49×	0.66×	0.64×	0.76×	0.75×	0.68×
P/S	29.44×	34.07×	33.14×	8.1×	47.19×	40.17×	26.9×	35.42×
EV / EBITDA	104.29×	101.31×	2.23×	-12.7×	3.32×	16.88×	-7.84×	-32.95×
Gross margin	58.8%	67.6%	108.1%	17.3%	401.6%	95.3%	-1.8%	71.4%
Operating margin	27.7%	33.3%	66.4%	-42.4%	257.0%	-22.0%	-77.2%	-17.3%
Net margin	-417.0%	-175.0%	1444.6%	-42.4%	1312.4%	219.7%	-316.9%	-107.1%
Current ratio	313.19×	2,466.38×	0.84×	1.14×	1.23×	1.32×	170.37×	403×
Debt / equity	0×	0×	0×	0×	0×	0×	0×	0×
Interest coverage	0×	0×	0×	0×	0×	0×	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	-6.8%	-2.5%	21.6%	-3.5%	17.7%	4.1%	-8.8%	-2.1%
Return on invested capital	0.4%	0.4%	1.0%	-2.5%	3.2%	-0.4%	-1.9%	-0.3%
Return on assets	-6.0%	-2.2%	17.9%	-2.9%	14.8%	3.5%	-7.9%	-1.9%
Free cash flow yield	0.0%	0.0%	-8.7%	9.1%	-0.4%	-7.1%	4.3%	-11.5%
Earnings yield	-14.2%	-5.1%	43.6%	-5.2%	27.8%	5.5%	-11.8%	-3.0%
Enterprise value	₹109.5M	₹114.1M	₹91.5M	₹80.9M	₹88.5M	₹88.8M	₹82.5M	₹88.1M
Net debt / EBITDA	-1.87×	-1.07×	-0.05×	1.35×	-0.04×	-0.12×	0.67×	0.51×
Cash conversion cycle (days)	0	3,293	176	658	3,831	13,034	2,257	4,126