Panchsheel Organics Limited (PANCHSHEEL.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

+26.9%

₹131.61

vs ₹103.67 price

Levered DCF

₹367.33

After debt service

Piotroski score

3 / 9

Weak

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	10.97×	12.84×	18.7×	13.56×	18.28×	8.51×	3.25×	8.1×
P/B	0.84×	1.32×	1.9×	1.99×	3.22×	1.07×	0.49×	1.07×
P/S	1.11×	1.65×	2.26×	1.85×	2.21×	0.86×	0.34×	0.68×
EV / EBITDA	7.08×	8.63×	10.39×	9.26×	12.21×	4.88×	2.33×	5.26×
Gross margin	21.8%	35.5%	33.6%	35.4%	42.2%	20.3%	37.8%	31.0%
Operating margin	10.5%	14.4%	17.2%	17.8%	16.8%	15.1%	15.0%	12.2%
Net margin	10.1%	12.9%	13.4%	13.6%	12.1%	10.1%	10.5%	8.4%
Current ratio	3.4×	3.65×	3.49×	3.22×	2.71×	2.71×	2.62×	2.57×
Debt / equity	0.04×	0.04×	0.05×	0.06×	0.09×	0.09×	0.12×	0.16×
Interest coverage	45.96×	41.15×	67.62×	33.68×	40.16×	17.41×	24.56×	15.18×
Dividend yield	3.5%	2.2%	1.5%	1.9%	0.4%	1.5%	2.9%	1.4%
Payout ratio	38.9%	28.7%	25.0%	25.1%	8.0%	12.8%	9.3%	11.6%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	7.7%	10.3%	11.3%	14.6%	17.6%	12.6%	15.0%	13.2%
Return on invested capital	5.5%	8.1%	9.7%	13.1%	15.6%	11.5%	13.4%	11.8%
Return on assets	6.3%	8.4%	8.9%	11.5%	11.3%	8.7%	10.2%	9.1%
Free cash flow yield	4.9%	-6.6%	-0.1%	-2.1%	-2.1%	7.3%	23.8%	4.5%
Earnings yield	9.1%	7.8%	5.9%	7.4%	5.5%	11.8%	30.7%	12.4%
Enterprise value	₹1.2B	₹1.8B	₹2.2B	₹1.9B	₹1.6B	₹421M	₹199.8M	₹370.7M
Net debt / EBITDA	0.11×	0.06×	-0.73×	0.11×	0.18×	-0.06×	0.32×	0.63×
Cash conversion cycle (days)	255	275	233	229	250	232	236	226