Rajshree Sugars & Chemicals Limited (RAJSREESUG.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

+2201.5%

₹618.65

vs ₹26.88 price

Levered DCF

₹287.58

After debt service

Piotroski score

0 / 9

Weak

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	83.21×	16.15×	15.34×	-14.39×	-33.91×	-3.36×	-0.8×	-1.47×
P/B	0.36×	0.49×	0.8×	0.51×	0.41×	1.84×	1×	0.68×
P/S	0.17×	0.2×	0.28×	0.17×	0.23×	0.15×	0.12×	0.15×
EV / EBITDA	11.18×	8.48×	8.75×	8.93×	12.19×	12.88×	33.56×	27.95×
Gross margin	17.7%	15.5%	25.2%	26.0%	26.4%	27.7%	26.8%	25.4%
Operating margin	2.6%	2.4%	5.0%	3.6%	1.7%	0.9%	-4.9%	-2.6%
Net margin	0.2%	1.3%	1.8%	-1.2%	-0.7%	-4.6%	-15.1%	-10.5%
Current ratio	1.03×	1.04×	0.97×	1.11×	0.94×	0.75×	0.27×	0.44×
Debt / equity	1.26×	1.13×	1.48×	1.59×	1.64×	14.16×	9.04×	4.49×
Interest coverage	0.98×	0.96×	1.61×	1.97×	0.36×	0.12×	-0.28×	-0.18×
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	0.4%	3.1%	5.2%	-3.6%	-1.2%	-54.9%	-124.8%	-46.6%
Return on invested capital	1.4%	2.0%	3.8%	-1.8%	1.2%	0.7%	-2.8%	-1.3%
Return on assets	0.2%	1.2%	1.7%	-1.1%	-0.3%	-2.5%	-7.3%	-5.6%
Free cash flow yield	-40.5%	47.9%	16.3%	8.9%	21.5%	29.4%	96.1%	112.3%
Earnings yield	1.2%	6.2%	6.5%	-6.9%	-2.9%	-29.8%	-124.3%	-68.1%
Enterprise value	₹4.2B	₹4.3B	₹6B	₹5.3B	₹5.3B	₹4.9B	₹3.9B	₹4.6B
Net debt / EBITDA	8.66×	5.9×	5.66×	6.75×	9.72×	11.39×	30.17×	24.23×
Cash conversion cycle (days)	96	35	52	30	44	8	-63	-10