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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
-31.4%
₹340.65
vs ₹496.75 price
Levered DCF
₹573.50
After debt service
Piotroski score
—
Altman Z-score
—
Rating
B
Overall 3 / 5
Ratios by fiscal year

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

MetricFY2025FY2024
P/E103.54×164.2×
P/B0.5×0.65×
P/S0.69×1.02×
EV / EBITDA9.96×14.09×
Gross margin43.1%42.6%
Operating margin3.2%2.3%
Net margin0.7%0.6%
Current ratio1.41×1.5×
Debt / equity0.23×0.24×
Interest coverage0.93×0.67×
Dividend yield0.0%1.0%
Payout ratio0.0%157.1%
Key metrics by fiscal year
MetricFY2025FY2024
Return on equity0.5%0.4%
Return on invested capital1.2%0.7%
Return on assets0.3%0.3%
Free cash flow yield7.5%1.8%
Earnings yield1.0%0.6%
Enterprise value₹67.3B₹83B
Net debt / EBITDA2.89×3.44×
Cash conversion cycle (days)92101