Piccadily Agro Industries Limited (PICCADIL.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

-141.9%

-₹247.23

vs ₹590.30 price

Levered DCF

-₹457.84

After debt service

Piotroski score

—

Altman Z-score

—

Rating

D+

Overall 1 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021
P/E	38.1×	55.62×	51.71×	254.64×	195.31×
P/B	5.81×	8.37×	16.76×	24.59×	27.64×
P/S	5.07×	6.96×	7.3×	9.35×	9.96×
EV / EBITDA	23.84×	31.77×	32.66×	95.02×	83.97×
Gross margin	47.6%	39.6%	35.7%	22.1%	14.0%
Operating margin	20.3%	24.5%	19.4%	7.6%	2.7%
Net margin	13.3%	12.5%	14.1%	3.7%	5.1%
Current ratio	1.63×	1.85×	1.31×	1.03×	1×
Debt / equity	0.59×	0.45×	0.51×	0.66×	0.65×
Interest coverage	7.59×	7.44×	10.36×	3.64×	1.13×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.1%
Payout ratio	0.0%	0.0%	1.7%	4.2%	16.1%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021
Return on equity	15.2%	15.0%	32.3%	9.6%	14.2%
Return on invested capital	10.3%	14.3%	20.9%	7.9%	3.0%
Return on assets	8.4%	8.9%	14.9%	3.8%	5.5%
Free cash flow yield	-1.4%	-4.7%	0.5%	-0.1%	0.3%
Earnings yield	2.6%	1.8%	1.9%	0.4%	0.5%
Enterprise value	₹57.5B	₹59.9B	₹58.5B	₹58.4B	₹58.4B
Net debt / EBITDA	2.14×	1.58×	0.88×	2.45×	1.86×
Cash conversion cycle (days)	306	246	126	86	75