Paushak Limited (PAUSHAKLTD.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

-105.0%

-₹30.78

vs ₹610.70 price

Levered DCF

-₹245.22

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

6.22

Safe zone

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	21.67×	3.86×	29.75×	4.44×	85.35×	8.63×	15.27×	16.85×
P/B	1.74×	0.41×	0.5×	0.68×	1.31×	1.19×	0.29×	0.46×
P/S	3.9×	0.9×	0.99×	1.14×	2.67×	2.31×	0.49×	0.6×
EV / EBITDA	15.27×	3.61×	2.37×	2.78×	6.76×	5.69×	1.32×	1.54×
Gross margin	51.1%	79.1%	40.5%	71.8%	40.4%	69.7%	60.3%	54.0%
Operating margin	18.0%	62.3%	25.2%	29.4%	30.4%	32.7%	28.0%	26.0%
Net margin	18.0%	23.4%	26.5%	25.6%	25.1%	26.7%	25.6%	28.4%
Current ratio	2.01×	2.24×	8.3×	6.6×	3.83×	3.49×	6.81×	6.07×
Debt / equity	0.16×	0.05×	0×	0×	0×	0×	0×	0×
Interest coverage	35.5×	939×	344.48×	199.54×	742.9×	929.47×	497.31×	261.8×
Dividend yield	0.7%	3.2%	2.6%	1.5%	0.5%	0.6%	2.8%	1.1%
Payout ratio	15.4%	12.3%	9.8%	6.8%	4.9%	4.9%	5.3%	2.4%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	8.0%	10.6%	13.3%	15.3%	12.3%	13.7%	15.4%	21.9%
Return on invested capital	5.0%	20.9%	8.7%	11.8%	10.1%	10.9%	11.6%	14.3%
Return on assets	6.0%	8.6%	11.3%	13.0%	10.3%	11.3%	12.9%	18.2%
Free cash flow yield	-4.1%	-64.4%	10.2%	10.7%	-1.1%	-8.1%	36.4%	16.0%
Earnings yield	4.6%	25.9%	26.9%	22.5%	9.4%	11.6%	52.4%	47.5%
Enterprise value	₹9.3B	₹2.2B	₹2B	₹2.4B	₹4B	₹3.2B	₹658.5M	₹815M
Net debt / EBITDA	1.25×	0.41×	-0.01×	-0.01×	0×	-0×	-0.02×	-0.01×
Cash conversion cycle (days)	112	108	108	136	99	118	90	134