Perfectpac Limited (PERFEPA.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

+66.2%

₹117.98

vs ₹71.00 price

Levered DCF

₹102.75

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	16.5×	23.77×	16.3×	12.23×	22.45×	21.87×	6.33×	7.34×
P/B	1.31×	2×	1.85×	1.09×	0.79×	0.6×	0.6×	0.85×
P/S	0.46×	0.66×	0.68×	0.37×	0.26×	0.26×	0.23×	0.28×
EV / EBITDA	7.92×	11.54×	8.56×	6.08×	6.61×	7.85×	3.4×	3.99×
Gross margin	16.9%	10.1%	23.1%	20.3%	24.5%	6.1%	9.8%	22.4%
Operating margin	3.9%	3.8%	5.3%	4.2%	2.4%	1.9%	5.3%	5.9%
Net margin	2.8%	2.8%	4.1%	3.0%	1.2%	1.2%	3.6%	3.9%
Current ratio	2.24×	2.64×	2.8×	2.46×	2.22×	2.12×	3.24×	3.11×
Debt / equity	0.08×	0.02×	0.02×	0.1×	0.25×	0.35×	0.1×	0.08×
Interest coverage	21.02×	25.08×	20.54×	9.91×	3.1×	2.36×	10.07×	8.5×
Dividend yield	1.3%	0.9%	1.0%	1.9%	0.0%	0.0%	0.0%	0.0%
Payout ratio	21.1%	21.1%	16.7%	23.5%	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	7.9%	8.4%	11.4%	8.9%	3.5%	2.7%	9.5%	11.6%
Return on invested capital	7.5%	8.1%	10.5%	8.5%	3.6%	2.2%	9.0%	11.8%
Return on assets	5.6%	6.3%	8.5%	6.3%	2.3%	1.7%	7.3%	8.8%
Free cash flow yield	-1.4%	0.2%	6.3%	12.2%	13.2%	-44.2%	1.1%	18.5%
Earnings yield	6.1%	4.2%	6.1%	8.2%	4.4%	4.6%	15.8%	13.6%
Enterprise value	₹546.4M	₹741.5M	₹642.7M	₹375M	₹300.9M	₹266.4M	₹188.2M	₹232.3M
Net debt / EBITDA	0.39×	-0.12×	-0.09×	0.47×	1.52×	2.87×	0.42×	0.33×
Cash conversion cycle (days)	50	57	66	78	96	122	79	81