Prabha Energy Ltd. (PRABHA.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

-109.9%

-₹18.87

vs ₹190.11 price

Levered DCF

-₹20.14

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

—

Rating

D+

Overall 1 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021
P/E	2,960×	-1,717.45×	-3,138.99×	781.26×	-78,125.93×
P/B	3.88×	5.9×	6.69×	6.68×	29.25×
P/S	275.89×	655.39×	1,089.84×	88.84×	0×
EV / EBITDA	1,970.13×	-1,900.81×	-3,801.42×	597.35×	-79,412.18×
Gross margin	-4.7%	36.3%	40.6%	16.5%	0.0%
Operating margin	-16.4%	-58.8%	-45.9%	9.2%	0.0%
Net margin	9.3%	-36.6%	-34.7%	11.3%	0.0%
Current ratio	0.7×	0.81×	0.84×	0.63×	0.58×
Debt / equity	0.38×	0.29×	0.18×	0.02×	0.06×
Interest coverage	-8.78×	-16.58×	-19.12×	27.24×	0×
Dividend yield	0.0%	0.2%	0.0%	0.0%	0.0%
Payout ratio	0.0%	-276.1%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021
Return on equity	0.1%	-0.3%	-0.2%	0.8%	-0.0%
Return on invested capital	-0.2%	-0.3%	-0.2%	0.5%	-0.1%
Return on assets	0.1%	-0.2%	-0.2%	0.6%	-0.0%
Free cash flow yield	-2.8%	-2.0%	-2.3%	-0.2%	-0.2%
Earnings yield	0.0%	-0.1%	-0.0%	0.1%	-0.0%
Enterprise value	₹18.5B	₹27.1B	₹30.5B	₹29.8B	₹29.8B
Net debt / EBITDA	174×	-88.19×	-98.47×	1.98×	-159.26×
Cash conversion cycle (days)	-1,213	-1,203	-5,855	-899	0