Pratik Panels Limited (PRATIK.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

+1532.1%

₹56.64

vs ₹3.47 price

Levered DCF

-₹29.28

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

—

Rating

B-

Overall 3 / 5

Ratios by fiscal year

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

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	25.15×	165.66×	132.52×	79.65×	-13.05×	-3.66×	-6×	-8.04×
P/B	5.36×	6.71×	10.39×	0.57×	-3.72×	-4.47×	7.02×	4.84×
P/S	3.94×	13.72×	24×	10.04×	0×	0×	0×	0×
EV / EBITDA	17.76×	163.88×	132.13×	42.44×	0×	-4.43×	-8.91×	-9.67×
Gross margin	19.0%	6.5%	23.9%	79.8%	0.0%	0.0%	0.0%	0.0%
Operating margin	15.6%	1.8%	15.8%	23.9%	0.0%	0.0%	0.0%	0.0%
Net margin	15.7%	8.3%	18.1%	12.6%	0.0%	0.0%	0.0%	0.0%
Current ratio	2.71×	20.57×	126.3×	51.21×	0.01×	0.4×	18.97×	67.67×
Debt / equity	0×	0.04×	0×	0.01×	-0.95×	-0.97×	3.36×	1.09×
Interest coverage	45.36×	69.63×	456.22×	2.13×	-2.19×	-4,547×	-468.63×	-1,143.6×
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	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	21.3%	4.0%	7.8%	0.7%	28.6%	122.5%	-116.5%	-60.3%
Return on invested capital	15.2%	0.9%	6.9%	1.3%	174.8%	4242.5%	-26.7%	-29.3%
Return on assets	13.5%	3.9%	7.8%	0.7%	-2038.4%	-7257.3%	-25.3%	-28.4%
Free cash flow yield	0.0%	-2.6%	0.7%	-176.9%	-5.7%	-4.6%	-14.1%	-13.4%
Earnings yield	4.0%	0.6%	0.8%	1.3%	-7.7%	-27.4%	-16.6%	-12.4%
Enterprise value	₹425M	₹420.7M	₹621.9M	₹31.6M	₹24.2M	₹20.1M	₹8.6M	₹10.7M
Net debt / EBITDA	-0×	0.58×	-0.1×	0.35×	0×	-0.78×	-2.87×	-1.77×
Cash conversion cycle (days)	313	0	330	378	0	0	0	0