PVV Infra Limited (PVVINFRA.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

-3698.6%

-₹66.21

vs ₹1.84 price

Levered DCF

-₹228.16

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

—

Rating

C+

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	6.71×	4.02×	3.7×	195.17×	3.77×	1.25×	9.4×	1.48×
P/B	0.62×	0.37×	1.07×	0.16×	0.3×	0.11×	0.08×	0.39×
P/S	0.85×	0.54×	0.63×	0.11×	1.3×	0.67×	0.03×	0.06×
EV / EBITDA	7.05×	4.18×	15.86×	157.9×	3.47×	1.25×	6.31×	0.86×
Gross margin	20.6%	20.1%	6.2%	2.6%	50.1%	61.7%	2.2%	6.3%
Operating margin	14.9%	12.8%	2.9%	0.0%	41.5%	53.7%	0.4%	5.6%
Net margin	12.6%	13.8%	3.5%	0.1%	35.3%	53.7%	0.3%	3.8%
Current ratio	1.45×	2.01×	3.04×	1.44×	30.69×	276.62×	12.04×	2.1×
Debt / equity	0.15×	0.1×	0.05×	0×	0.03×	0×	0×	0×
Interest coverage	1,079.05×	3,936×	840.46×	21.87×	22,866.18×	0×	43.48×	218.8×
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	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	9.2%	9.4%	6.0%	0.1%	8.0%	8.7%	0.9%	26.4%
Return on invested capital	6.1%	6.8%	3.9%	0.1%	7.7%	8.7%	0.9%	26.5%
Return on assets	6.0%	6.2%	4.4%	0.0%	7.6%	8.7%	0.8%	13.8%
Free cash flow yield	59.6%	-145.9%	-10.4%	-96.3%	-86.5%	-0.2%	-197.8%	-136.8%
Earnings yield	14.9%	25.6%	5.6%	0.5%	27.1%	79.7%	10.5%	67.3%
Enterprise value	₹593.7M	₹269.9M	₹576.8M	₹39.1M	₹65.4M	₹14.4M	₹10.2M	₹41.1M
Net debt / EBITDA	1.36×	0.86×	0.72×	-1.92×	0.34×	-0×	-0.02×	-0.13×
Cash conversion cycle (days)	91	279	28	0	771	2,022	98	65