Vashu Bhagnani Industries Limited (POOJAENT.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

-86.2%

₹8.92

vs ₹64.80 price

Levered DCF

-₹17.02

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

—

Rating

C-

Overall 1 / 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	97.9×	96.28×	131×	25.54×	26.47×	45.35×	0.3×	66.97×
P/B	2.09×	4.5×	9.88×	1.72×	1.89×	0.8×	0.21×	0.92×
P/S	21.44×	34.68×	8.69×	1.56×	3.01×	9.65×	0.17×	0.28×
EV / EBITDA	280.99×	89.26×	44.15×	23.56×	25.44×	45.57×	0.31×	11.64×
Gross margin	50.7%	46.8%	24.0%	13.7%	20.0%	59.7%	58.8%	8.7%
Operating margin	7.2%	35.7%	20.1%	8.2%	13.5%	27.8%	54.4%	0.2%
Net margin	21.9%	38.9%	13.9%	6.2%	11.4%	20.8%	56.9%	0.4%
Current ratio	7.15×	3.43×	1.73×	1.52×	1.93×	2.27×	1.71×	1.15×
Debt / equity	0.04×	0.11×	0.47×	0.29×	0.22×	0.08×	0.01×	0.47×
Interest coverage	25.91×	33.33×	15.81×	6.94×	10.29×	12.63×	129.09×	0.05×
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	2.1%	5.1%	15.8%	6.8%	7.2%	1.7%	70.9%	1.4%
Return on invested capital	0.4%	3.8%	6.9%	6.5%	6.6%	2.0%	66.1%	-0.1%
Return on assets	1.5%	3.1%	4.7%	2.3%	3.5%	1.0%	29.9%	0.2%
Free cash flow yield	3.7%	-13.2%	-7.6%	-4.5%	-7.3%	-8.9%	42.9%	199.6%
Earnings yield	1.0%	1.1%	1.6%	3.9%	3.8%	2.2%	332.8%	1.5%
Enterprise value	₹3B	₹5.7B	₹5.3B	₹851.7M	₹823M	₹315M	₹77.2M	₹131.4M
Net debt / EBITDA	-6.86×	1.98×	1.93×	3.38×	2.59×	3.94×	0.01×	3.27×
Cash conversion cycle (days)	5,352	3,291	183	507	754	7,035	173	38