Orient Ceratech Limited (ORIENTCER.NS) 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

-179.0%

-₹30.80

vs ₹38.98 price

Levered DCF

-₹1.28

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
P/E	18.83×	38.69×	31.35×	30.8×	64.3×
P/B	1.36×	1.36×	2.16×	1.68×	1.77×
P/S	1.02×	1.18×	1.91×	1.45×	1.65×
EV / EBITDA	8.59×	13.26×	16.01×	13.44×	21.14×
Gross margin	26.2%	35.3%	32.4%	28.1%	26.8%
Operating margin	6.1%	5.5%	7.1%	5.6%	3.7%
Net margin	5.4%	3.1%	6.1%	4.7%	2.6%
Current ratio	3.12×	2.77×	2.26×	3.64×	2.37×
Debt / equity	0.13×	0.25×	0.21×	0.06×	0.15×
Interest coverage	4.85×	2.77×	8.12×	5.13×	4.38×
Dividend yield	0.7%	0.8%	0.5%	0.4%	0.4%
Payout ratio	14.1%	31.0%	16.2%	12.6%	26.2%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021
Return on equity	7.2%	3.5%	6.9%	5.5%	2.8%
Return on invested capital	5.4%	3.6%	5.0%	4.6%	2.6%
Return on assets	5.3%	2.4%	4.7%	4.3%	2.0%
Free cash flow yield	8.6%	-1.1%	-7.0%	6.4%	-1.7%
Earnings yield	5.3%	2.6%	3.2%	3.2%	1.6%
Enterprise value	₹4.4B	₹4.5B	₹6.5B	₹4.5B	₹4.7B
Net debt / EBITDA	0.59×	1.95×	1.32×	0.27×	1.54×
Cash conversion cycle (days)	162	219	190	149	163