PNC Media and Entertainment Limited (PNC.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

-434.9%

-₹59.45

vs ₹17.75 price

Levered DCF

-₹11.58

After debt service

Piotroski score

1 / 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	-1.91×	-41.72×	34.94×	-11.46×	-205.43×	-12.49×	8.28×	27.31×
P/B	0.39×	0.54×	1.13×	0.62×	0.9×	0.79×	0.13×	0.33×
P/S	0.64×	1.19×	1.46×	2.45×	1.53×	7.81×	0.4×	1.76×
EV / EBITDA	-1.37×	-33.43×	29.12×	-13.45×	337.72×	-13.69×	3.66×	15.75×
Gross margin	10.1%	5.5%	7.5%	15.0%	10.9%	11.8%	21.9%	37.4%
Operating margin	-48.5%	-5.9%	3.2%	-23.7%	0.2%	-72.6%	4.0%	10.3%
Net margin	-33.3%	-2.8%	4.2%	-21.4%	-0.8%	-62.5%	4.8%	6.5%
Current ratio	18.86×	4.74×	5.77×	8.14×	8.26×	9.5×	7.58×	8.02×
Debt / equity	0.02×	0.03×	0.02×	0.02×	0.02×	0.03×	0.03×	0.05×
Interest coverage	-133.34×	-23.78×	18.87×	-36.79×	0.39×	-16.5×	2.02×	2.71×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	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	-20.6%	-1.3%	3.2%	-5.4%	-0.4%	-6.4%	1.6%	1.2%
Return on invested capital	-19.1%	-1.6%	2.1%	-5.1%	0.1%	-6.0%	1.1%	1.1%
Return on assets	-17.9%	-0.9%	2.4%	-4.2%	-0.4%	-5.1%	1.2%	1.0%
Free cash flow yield	-35.3%	13.0%	2.4%	-4.8%	-0.1%	-10.6%	67.2%	-1.4%
Earnings yield	-52.4%	-2.4%	2.9%	-8.7%	-0.5%	-8.0%	12.1%	3.7%
Enterprise value	₹245M	₹330.7M	₹817.9M	₹464.4M	₹675.4M	₹607.4M	₹49.7M	₹277.4M
Net debt / EBITDA	-0.03×	7.06×	-0.93×	-0.48×	-4.06×	-0.04×	-4.28×	0.72×
Cash conversion cycle (days)	373	590	353	1,296	507	3,026	967	2,269