Prima Plastics Limited (PRIMAPLA.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

+18.9%

₹143.97

vs ₹121.05 price

Levered DCF

₹239.81

After debt service

Piotroski score

2 / 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	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	4.96×	8.16×	9.16×	7.29×	10.6×	5.7×	2.77×	11.03×
P/B	0.53×	0.78×	1.3×	0.85×	0.77×	0.77×	0.29×	1.18×
P/S	0.62×	0.98×	1.09×	0.61×	0.62×	0.72×	0.22×	0.79×
EV / EBITDA	3.49×	7.33×	5.75×	6.11×	12.96×	7.26×	2.49×	7.23×
Gross margin	33.1%	23.8%	22.8%	30.8%	27.9%	33.6%	16.6%	14.7%
Operating margin	13.6%	11.0%	12.8%	9.5%	3.5%	8.4%	6.4%	5.3%
Net margin	12.5%	12.1%	11.9%	8.3%	5.9%	12.6%	8.0%	7.2%
Current ratio	2.91×	2.44×	2.56×	1.93×	1.75×	2.54×	2.48×	2.11×
Debt / equity	0.15×	0.22×	0.24×	0.34×	0.45×	0.23×	0.23×	0.36×
Interest coverage	9.93×	4×	6.35×	3.98×	2.17×	8.78×	4.12×	2.73×
Dividend yield	10.9%	4.6%	0.8%	0.0%	1.8%	0.0%	9.5%	2.5%
Payout ratio	53.9%	37.7%	7.6%	0.0%	19.0%	0.0%	26.3%	27.9%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	10.7%	9.5%	14.1%	11.7%	7.3%	13.4%	10.4%	10.7%
Return on invested capital	7.7%	5.2%	9.6%	8.1%	2.5%	5.9%	5.8%	4.7%
Return on assets	8.5%	6.9%	10.2%	7.6%	4.6%	10.1%	7.7%	7.2%
Free cash flow yield	39.9%	-1.2%	10.0%	16.3%	-21.6%	0.5%	46.7%	7.8%
Earnings yield	20.1%	12.3%	10.9%	13.7%	9.4%	17.5%	36.0%	9.1%
Enterprise value	₹947.8M	₹1.7B	₹2.2B	₹1.6B	₹1.4B	₹1.1B	₹460.6M	₹1.3B
Net debt / EBITDA	-0.15×	1.21×	0.56×	1.57×	4.47×	1.47×	0.97×	1.39×
Cash conversion cycle (days)	150	219	154	148	189	190	145	165