ResGen Ltd. (RESGEN.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

-180.0%

-₹36.82

vs ₹46.00 price

Levered DCF

-₹255.68

After debt service

Piotroski score

7 / 9

Strong

Altman Z-score

12.14

Safe zone

Rating

A-

Overall 4 / 5

Ratios by fiscal year

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

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	10.3×	22.36×	24.03×	21.38×	180.56×	21,666.67×	-900.28×
P/B	1.33×	3.1×	3.18×	2.07×	36.87×	99.69×	100.15×
P/S	1.27×	2.74×	3.47×	3.78×	28.36×	6,816.88×	0×
EV / EBITDA	6.62×	11.79×	10.93×	9.77×	71.37×	22,102.45×	-901.46×
Gross margin	17.3%	25.7%	24.5%	33.6%	32.4%	100.0%	0.0%
Operating margin	15.1%	18.1%	22.7%	31.1%	28.1%	33.0%	0.0%
Net margin	12.3%	12.2%	14.4%	17.7%	15.8%	31.5%	0.0%
Current ratio	7.18×	4.61×	3.48×	2.42×	0.88×	0.04×	6.27×
Debt / equity	0.02×	0.08×	0.17×	0.27×	2.52×	7.03×	0.18×
Interest coverage	53.47×	17.71×	9.28×	5.07×	4.42×	22×	0×
Dividend yield	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%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	12.9%	13.8%	13.2%	9.7%	20.5%	0.5%	-11.1%
Return on invested capital	11.2%	13.6%	12.5%	9.5%	7.4%	0.1%	-9.5%
Return on assets	11.7%	11.3%	10.0%	6.2%	5.5%	0.1%	-9.4%
Free cash flow yield	4.1%	3.3%	-3.1%	-27.6%	-8.4%	-6.2%	-1.3%
Earnings yield	9.7%	4.5%	4.2%	4.7%	0.6%	0.0%	-0.1%
Enterprise value	₹896.6M	₹1.8B	₹1.7B	₹1B	₹1.5B	₹1.5B	₹1.4B
Net debt / EBITDA	-0.05×	0.19×	0.57×	1.12×	4.57×	1,445.26×	-1.54×
Cash conversion cycle (days)	264	277	340	302	282	1,179	0