Ovobel Foods Limited (OVOBELE.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

-92.3%

₹21.66

vs ₹281.00 price

Levered DCF

₹198.39

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

—

Rating

Overall 3 / 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	4.18×	6.53×	11.22×	3.2×	1,293.3×	-18.95×	6.6×	2.52×
P/B	0.92×	0.69×	2.62×	2.11×	1.1×	1.64×	0.79×	0.7×
P/S	0.4×	0.31×	1.15×	0.56×	0.18×	0.31×	0.17×	0.15×
EV / EBITDA	3.04×	5.34×	8.28×	2.69×	23.03×	-89.57×	5.21×	2.52×
Gross margin	19.7%	17.3%	26.8%	35.8%	21.1%	18.4%	9.3%	16.4%
Operating margin	8.7%	3.4%	11.7%	22.9%	-0.7%	-6.5%	-3.0%	-5.5%
Net margin	9.5%	4.8%	10.3%	17.6%	0.0%	-1.6%	2.5%	5.8%
Current ratio	2.45×	1.66×	3.01×	2.24×	1.6×	1.75×	2×	1.97×
Debt / equity	0.26×	0.32×	0.25×	0.49×	1.35×	0.75×	0.54×	0.57×
Interest coverage	11.91×	4.31×	12.72×	35.27×	-0.99×	-6.26×	-3.51×	-6.17×
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	22.1%	10.6%	23.3%	65.9%	0.1%	-8.7%	12.0%	27.9%
Return on invested capital	11.4%	4.2%	15.5%	42.3%	-0.2%	-13.4%	-6.4%	-11.2%
Return on assets	14.4%	7.1%	17.2%	38.6%	0.0%	-4.2%	6.5%	15.2%
Free cash flow yield	23.6%	-16.2%	-2.6%	32.4%	-23.8%	-7.9%	-1.4%	14.5%
Earnings yield	23.9%	15.3%	8.9%	31.2%	0.1%	-5.3%	15.1%	39.7%
Enterprise value	₹1.2B	₹849.3M	₹2.2B	₹1.5B	₹430.9M	₹496.8M	₹294.8M	₹252.7M
Net debt / EBITDA	0.5×	1.62×	0.69×	0.42×	11.27×	-27.86×	2.04×	1.1×
Cash conversion cycle (days)	82	89	85	73	91	70	75	67