Puravankara Limited (PURVA.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

-466.0%

-₹746.81

vs ₹204.02 price

Levered DCF

-₹121.28

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

—

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	60.62×	-32.96×	128.76×	23.34×	17.15×	-411.76×	9.5×	15.4×
P/B	2.16×	3.42×	2.89×	0.78×	1.24×	0.88×	0.44×	0.95×
P/S	1×	2.94×	2.47×	1.31×	2.73×	1.76×	0.4×	0.86×
EV / EBITDA	10.25×	25.81×	14.96×	16.54×	20.52×	14.38×	6.8×	9.67×
Gross margin	43.1%	53.6%	50.8%	61.2%	63.5%	58.2%	39.3%	40.4%
Operating margin	19.7%	13.0%	35.0%	21.8%	23.4%	29.9%	6.8%	22.2%
Net margin	1.7%	-8.9%	1.9%	5.6%	15.9%	-0.4%	4.2%	5.6%
Current ratio	0.43×	1.05×	1.12×	1.19×	1.3×	1.24×	1.17×	1.18×
Debt / equity	3.13×	2.5×	1.77×	1.48×	1.29×	1.5×	1.41×	1.56×
Interest coverage	1.11×	0.47×	1.77×	0.72×	0.65×	0.79×	0.42×	1.39×
Dividend yield	0.0%	0.0%	2.7%	7.6%	0.0%	0.0%	3.3%	2.7%
Payout ratio	0.1%	-0.0%	353.6%	178.3%	0.0%	0.0%	31.0%	41.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	3.6%	-10.4%	2.2%	3.3%	7.2%	-0.2%	4.6%	6.2%
Return on invested capital	3.2%	3.7%	9.1%	5.2%	2.4%	5.9%	1.9%	6.3%
Return on assets	0.4%	-1.3%	0.4%	0.7%	1.7%	-0.0%	1.1%	1.3%
Free cash flow yield	-7.1%	-17.8%	15.5%	7.3%	4.9%	14.5%	66.3%	-9.1%
Earnings yield	1.6%	-3.0%	0.8%	4.3%	5.8%	-0.2%	10.5%	6.5%
Enterprise value	₹81.7B	₹95.6B	₹78.6B	₹41.5B	₹48.8B	₹43.4B	₹34.3B	₹45.1B
Net debt / EBITDA	5.41×	9.81×	4.6×	10.36×	9.89×	8.87×	5.13×	5.89×
Cash conversion cycle (days)	-90	-179	2,757	5,832	7,006	5,564	1,626	1,936