Prakash Woollen & Synthetic Mills Limited (PWASML.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

-388.6%

-₹61.25

vs ₹21.22 price

Levered DCF

-₹13.76

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

—

Rating

B-

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	-22.62×	19.73×	37.82×	-4.26×	-1,321.03×	5.94×	2.43×	7.84×
P/B	0.42×	0.5×	0.76×	0.46×	1.41×	0.43×	0.41×	0.77×
P/S	0.19×	0.23×	0.36×	0.21×	0.75×	0.23×	0.15×	0.24×
EV / EBITDA	8.79×	5.77×	8.84×	68.65×	19.7×	3.16×	1.9×	4.66×
Gross margin	31.6%	22.8%	32.7%	25.6%	28.1%	33.0%	26.0%	28.3%
Operating margin	1.9%	-3.9%	4.7%	-2.9%	1.3%	5.5%	19.1%	20.3%
Net margin	-0.8%	1.2%	0.9%	-4.9%	-0.1%	3.9%	6.1%	3.1%
Current ratio	1.08×	1.07×	1.08×	1.16×	1.53×	2.17×	2.01×	1.42×
Debt / equity	0.84×	0.86×	1.09×	1.07×	0.66×	0.19×	0.23×	0.74×
Interest coverage	0.64×	-0.82×	1.16×	-1.38×	0.85×	5.93×	14.55×	7.34×
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	-1.9%	2.6%	2.0%	-10.7%	-0.1%	7.2%	16.7%	9.8%
Return on invested capital	2.2%	-3.9%	4.7%	-2.9%	0.6%	6.2%	32.5%	29.4%
Return on assets	-0.7%	1.1%	0.8%	-4.2%	-0.1%	4.9%	11.0%	4.8%
Free cash flow yield	10.2%	17.8%	5.0%	-67.1%	-30.4%	9.9%	70.8%	31.7%
Earnings yield	-4.4%	5.1%	2.6%	-23.5%	-0.1%	16.8%	41.1%	12.7%
Enterprise value	₹599.5M	₹669.7M	₹886.7M	₹714.9M	₹1.1B	₹318.7M	₹305.2M	₹604.5M
Net debt / EBITDA	5.83×	3.65×	5.2×	48.04×	6.28×	0.94×	0.68×	2.28×
Cash conversion cycle (days)	192	113	175	128	110	110	66	92