Porwal Auto Components Limited (PORWAL.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

+375.0%

₹244.65

vs ₹51.50 price

Levered DCF

₹12.04

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

4.27

Safe zone

Rating

A+

Overall 4 / 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	7.66×	402.18×	20.96×	-28.13×	-168.64×	25.65×	24.16×	13.12×
P/B	1.04×	1.06×	1.29×	0.49×	0.47×	0.4×	0.23×	0.76×
P/S	0.53×	0.48×	0.55×	0.21×	0.26×	0.34×	0.17×	0.37×
EV / EBITDA	4.59×	9.47×	6.78×	4.57×	6.83×	4.34×	3.86×	4.87×
Gross margin	37.0%	32.6%	19.1%	15.3%	16.7%	24.3%	21.3%	20.7%
Operating margin	3.5%	1.3%	4.3%	1.2%	-1.8%	2.7%	2.5%	6.5%
Net margin	7.0%	0.1%	2.6%	-0.7%	-0.1%	1.3%	0.7%	2.8%
Current ratio	2.03×	2.23×	1.15×	1.18×	1.14×	1.23×	1.16×	1.17×
Debt / equity	0.09×	0.06×	0.09×	0.11×	0.25×	0.24×	0.23×	0.24×
Interest coverage	4.47×	0.98×	2.66×	0.61×	-0.86×	1.14×	0.86×	3.04×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	8.4%	2.5%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	202.0%	33.1%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	13.6%	0.3%	6.1%	-1.8%	-0.3%	1.5%	0.9%	5.8%
Return on invested capital	5.2%	2.0%	7.6%	-2.3%	-0.1%	2.2%	-3.6%	6.7%
Return on assets	10.5%	0.2%	4.5%	-1.4%	-0.2%	1.1%	0.7%	4.0%
Free cash flow yield	6.7%	-4.1%	7.2%	7.7%	-12.9%	-12.2%	18.4%	2.4%
Earnings yield	13.1%	0.2%	4.8%	-3.6%	-0.6%	3.9%	4.2%	7.6%
Enterprise value	₹822.7M	₹702.5M	₹866.4M	₹352M	₹427.5M	₹382.1M	₹268.4M	₹585.7M
Net debt / EBITDA	0.35×	0.45×	0.46×	0.82×	2.35×	1.61×	1.92×	1.15×
Cash conversion cycle (days)	94	71	60	46	64	101	68	51