R R Kabel Limited (RRKABEL.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

-46.3%

₹1,080.07

vs ₹2,012.00 price

Levered DCF

₹514.45

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

7.82

Safe zone

Rating

B+

Overall 3 / 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
P/E	29.71×	33.83×	58.6×	71.19×	63.19×	99.84×	108.72×
P/B	5.68×	4.9×	9.55×	9.52×	10.81×	12.91×	14.72×
P/S	1.5×	1.4×	2.68×	2.44×	3.13×	5.06×	5.46×
EV / EBITDA	17.99×	19.88×	33.93×	39.51×	39.78×	55.48×	59.54×
Gross margin	13.3%	16.7%	17.8%	17.2%	16.4%	19.5%	20.8%
Operating margin	7.1%	5.6%	6.2%	4.8%	6.1%	7.0%	7.1%
Net margin	5.1%	4.1%	4.6%	3.4%	5.0%	5.1%	5.0%
Current ratio	1.65×	1.78×	2.12×	1.77×	2.14×	2.16×	1.97×
Debt / equity	0.13×	0.13×	0.2×	0.41×	0.43×	0.48×	0.44×
Interest coverage	9.19×	7.29×	7.49×	6.4×	11.16×	6.46×	5.15×
Dividend yield	0.6%	0.6%	0.5%	0.4%	0.2%	0.0%	0.3%
Payout ratio	17.2%	19.9%	28.1%	26.3%	13.0%	0.0%	28.8%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
Return on equity	19.1%	14.5%	16.3%	13.4%	17.1%	12.9%	13.5%
Return on invested capital	17.3%	12.9%	13.3%	9.8%	11.0%	8.9%	10.2%
Return on assets	10.7%	8.9%	10.4%	7.2%	10.4%	7.9%	7.9%
Free cash flow yield	-0.4%	1.2%	0.9%	2.6%	0.2%	-0.9%	0.9%
Earnings yield	3.4%	3.0%	1.7%	1.4%	1.6%	1.0%	0.9%
Enterprise value	₹148.7B	₹106.2B	₹177.5B	₹140.7B	₹140.4B	₹140.1B	₹136.9B
Net debt / EBITDA	0.3×	0.14×	0.53×	1.54×	1.47×	1.97×	1.69×
Cash conversion cycle (days)	55	54	68	72	98	129	100