Poonawalla Fincorp Limited (POONAWALLA.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

-7.4%

₹433.65

vs ₹468.05 price

Levered DCF

-₹13,265.70

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

0.6

Distress zone

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	53.86×	-275.12×	21.7×	32.72×	51.98×	-5.31×	17×	10.41×
P/B	2.82×	3.31×	4.47×	3.26×	3.22×	1.35×	0.17×	1.15×
P/S	4.36×	6.76×	12.38×	11.96×	12.87×	1.33×	0.19×	1.35×
EV / EBITDA	94.57×	-983.37×	23.26×	37.53×	57.25×	-22.21×	43.38×	26.08×
Gross margin	55.8%	50.4%	57.8%	53.0%	46.5%	39.1%	33.8%	29.3%
Operating margin	27.3%	30.6%	41.2%	28.0%	31.0%	30.2%	23.2%	17.5%
Net margin	8.1%	-2.5%	57.0%	36.5%	24.8%	-25.1%	1.1%	13.0%
Current ratio	65.9×	0.93×	2.61×	1.35×	1.56×	0.8×	0.84×	0.67×
Debt / equity	4.68×	3.19×	1.86×	1.63×	1.65×	4.77×	4.38×	4.79×
Interest coverage	0×	75.19×	62.56×	10.39×	6.87×	6.53×	4.41×	3.72×
Dividend yield	0.0%	0.0%	0.8%	0.1%	0.0%	0.0%	5.7%	0.8%
Payout ratio	0.0%	0.0%	18.3%	4.5%	0.0%	0.0%	96.1%	8.5%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	5.2%	-1.2%	20.6%	10.0%	6.2%	-25.5%	1.0%	11.1%
Return on invested capital	2.3%	2.6%	4.0%	1.8%	2.2%	4.0%	1.3%	1.8%
Return on assets	0.9%	-0.3%	7.0%	2.9%	2.3%	-4.2%	0.2%	1.8%
Free cash flow yield	9.0%	-39.2%	3.7%	-23.8%	-16.0%	54.6%	205.0%	-30.9%
Earnings yield	1.9%	-0.4%	4.6%	3.1%	1.9%	-18.8%	5.9%	9.6%
Enterprise value	₹773.3B	₹531.1B	₹514.8B	₹329.9B	₹291.1B	₹130.8B	₹123B	₹157.3B
Net debt / EBITDA	58.88×	-482.44×	6.76×	12.07×	18.92×	-17.17×	41.77×	20.83×
Cash conversion cycle (days)	1	1,109	26	1,392	1,252	1,018	664	703