PMC Fincorp Limited (PMCFIN.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

-86.8%

₹0.25

vs ₹1.86 price

Levered DCF

-₹0.00

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

—

Rating

Overall 2 / 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	19.11×	10.17×	11.68×	-14.33×	137.92×	25.36×	7.55×	12.19×
P/B	0.63×	0.87×	1.16×	0.85×	2.74×	0.64×	0.16×	0.29×
P/S	8.18×	6.96×	8.53×	-75.02×	38.53×	8.48×	1.19×	2.29×
EV / EBITDA	12.93×	10.49×	10.68×	-24.45×	83.47×	16.85×	7.47×	16.78×
Gross margin	75.6%	98.8%	96.8%	146.4%	110.8%	97.9%	85.0%	32.7%
Operating margin	61.2%	93.3%	90.3%	407.2%	50.5%	45.2%	38.9%	26.0%
Net margin	42.8%	67.5%	72.5%	545.2%	27.9%	33.4%	15.7%	18.8%
Current ratio	26.86×	1,408.56×	10.57×	49.98×	126.53×	36.44×	6.31×	3.92×
Debt / equity	0×	0.27×	0.16×	0.27×	0.27×	0.09×	0.14×	0.27×
Interest coverage	0×	470.96×	47,146.67×	-6,788.57×	18.06×	3.8×	4.15×	538.83×
Dividend yield	0.6%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	11.6%	0.0%	0.0%	0.0%	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	3.3%	8.5%	9.9%	-6.2%	2.0%	2.5%	2.1%	2.3%
Return on invested capital	3.2%	5.8%	9.5%	-3.0%	1.7%	2.2%	3.3%	1.8%
Return on assets	3.2%	6.5%	8.3%	-4.8%	1.5%	2.3%	1.8%	1.8%
Free cash flow yield	-5.7%	-18.9%	7.5%	-5.1%	-12.6%	-5.6%	17.2%	0.2%
Earnings yield	5.2%	9.7%	8.5%	-7.3%	0.7%	3.9%	13.2%	8.2%
Enterprise value	₹1.1B	₹1.9B	₹1.5B	₹1.1B	₹2.7B	₹522.8M	₹209.2M	₹376.5M
Net debt / EBITDA	-0.34×	2.5×	1.3×	-5.83×	7.47×	2×	3.6×	8.12×
Cash conversion cycle (days)	123	562	-329	-99	534	353	18	41