Patel Integrated Logistics Limited (PATINTLOG.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

+21.5%

₹14.84

vs ₹12.22 price

Levered DCF

₹7.62

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	5.99×	12.22×	26.13×	9.73×	16.45×	472.14×	1.62×	12.25×
P/B	0.46×	0.76×	1.21×	0.4×	0.32×	0.22×	0.14×	0.59×
P/S	0.16×	0.27×	0.5×	0.17×	0.16×	0.12×	0.05×	0.17×
EV / EBITDA	2.78×	8.81×	12.57×	5.76×	7.25×	7.32×	8.11×	7.08×
Gross margin	4.3%	4.6%	5.6%	5.0%	4.6%	4.0%	4.6%	6.9%
Operating margin	2.2%	1.9%	3.9%	2.7%	2.2%	1.4%	1.3%	2.4%
Net margin	2.7%	2.2%	1.9%	1.8%	1.0%	0.0%	3.1%	1.4%
Current ratio	3.34×	2.85×	2.35×	3.13×	2.8×	2.59×	2.34×	2.17×
Debt / equity	0.05×	0.11×	0.2×	0.27×	0.41×	0.53×	0.53×	0.6×
Interest coverage	21.76×	5.45×	4.39×	1.57×	0.97×	0.39×	0.6×	1.29×
Dividend yield	3.6%	0.7%	0.4%	0.8%	0.7%	0.6%	5.8%	2.0%
Payout ratio	21.8%	8.5%	11.7%	7.4%	11.5%	301.2%	9.3%	23.6%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	7.8%	6.2%	4.6%	4.2%	1.9%	0.0%	9.0%	4.9%
Return on invested capital	5.3%	4.5%	7.5%	4.9%	3.0%	0.3%	2.0%	4.4%
Return on assets	5.9%	4.5%	2.9%	2.8%	1.3%	0.0%	5.2%	2.8%
Free cash flow yield	13.2%	-0.5%	6.9%	-11.7%	6.5%	-1.2%	-124.9%	-14.4%
Earnings yield	16.7%	8.2%	3.8%	10.4%	6.1%	0.2%	62.9%	8.3%
Enterprise value	₹366.5M	₹773.7M	₹1.4B	₹710M	₹733.4M	₹748M	₹674.3M	₹1.4B
Net debt / EBITDA	-1.57×	-1.77×	-0.47×	1.95×	3.55×	4.78×	6.06×	3.35×
Cash conversion cycle (days)	60	57	98	82	124	120	103	92