Raunaq International Ltd (RAUNAQ.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

-484.5%

-₹147.02

vs ₹38.24 price

Levered DCF

-₹34.94

After debt service

Piotroski score

—

Altman Z-score

—

Rating

C-

Overall 1 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	199.22×	-13.67×	-3.51×	-2.34×	-25.67×	-0.54×	-5.05×	-28.9×
P/B	2.29×	2.24×	1.1×	0.78×	0.58×	-2.26×	0.64×	1.04×
P/S	0.5×	3.9×	1.45×	1.14×	0.77×	0.19×	0.25×	0.58×
EV / EBITDA	36.66×	-13.87×	-3.36×	-3.49×	8.95×	-2.22×	-35.66×	37.56×
Gross margin	20.8%	1.7%	22.3%	35.5%	79.2%	34.4%	27.8%	42.9%
Operating margin	-0.2%	0.0%	-2.6%	-5.0%	12.0%	-12.4%	-7.4%	-2.8%
Net margin	0.3%	-28.6%	-41.3%	-48.7%	-3.0%	-35.8%	-5.0%	-2.0%
Current ratio	1.09×	1.64×	1.7×	1.13×	1.13×	1.07×	0.88×	0.88×
Debt / equity	0.61×	0×	0.03×	0.23×	0.42×	-3.86×	0.33×	0.27×
Interest coverage	-0.18×	0×	-0.46×	-0.35×	1.76×	-2.58×	-2.3×	-1.17×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.2%	0.1%	0.1%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	-5.8%	-0.1%	-0.4%	-1.0%

Key metrics by fiscal year

Metric	FY2026	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	1.2%	-16.4%	-31.5%	-33.6%	-2.3%	421.2%	-12.6%	-3.6%
Return on invested capital	-0.2%	0.0%	-1.6%	-2.6%	6.1%	-20.5%	-11.2%	-2.8%
Return on assets	0.4%	-10.0%	-18.7%	-13.5%	-0.9%	-28.5%	-4.3%	-1.4%
Free cash flow yield	-25.1%	-6.5%	14.0%	-6.8%	18.8%	-10.1%	14.6%	-8.6%
Earnings yield	0.5%	-7.3%	-28.5%	-42.8%	-3.9%	-186.1%	-19.8%	-3.5%
Enterprise value	₹226.4M	₹141.1M	₹80.4M	₹94.9M	₹122.2M	₹312.8M	₹341M	₹526.9M
Net debt / EBITDA	7.56×	0.49×	0.13×	-0.64×	3.36×	-1.39×	-11.27×	6.98×
Cash conversion cycle (days)	21	-69	-40	-195	-819	30	-60	-75