Quality RO Industries Limited (QRIL.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

-8892.7%

-₹2,593.85

vs ₹29.50 price

Levered DCF

-₹4,781.46

After debt service

Piotroski score

1 / 9

Weak

Altman Z-score

1.92

Grey zone

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
P/E	-33.12×	19.05×	11.8×	-917.94×	67.35×
P/B	1.17×	2.86×	1.88×	2.06×	2.57×
P/S	0.83×	2.05×	1.39×	3.07×	10.3×
EV / EBITDA	51.63×	11.79×	7.09×	23.86×	38.69×
Gross margin	17.1%	36.0%	25.9%	42.5%	56.3%
Operating margin	0.3%	17.1%	15.5%	0.7%	8.8%
Net margin	-2.5%	10.8%	11.8%	-0.3%	15.3%
Current ratio	3.53×	4.3×	2.91×	5.09×	3.28×
Debt / equity	0.63×	0.55×	0.21×	0.29×	0.6×
Interest coverage	0.06×	6.18×	11.7×	0.27×	3.99×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022
Return on equity	-3.5%	15.0%	15.9%	-0.2%	3.8%
Return on invested capital	0.2%	11.3%	13.2%	0.4%	1.4%
Return on assets	-1.9%	8.8%	10.1%	-0.2%	2.3%
Free cash flow yield	-10.4%	-12.0%	-13.8%	-10.3%	-41.6%
Earnings yield	-3.0%	5.3%	8.5%	-0.1%	1.5%
Enterprise value	₹196.6M	₹381M	₹192.6M	₹189.1M	₹104.3M
Net debt / EBITDA	17.44×	1.61×	0.32×	2.45×	1.52×
Cash conversion cycle (days)	349	377	294	103	524