Ruchira Papers Limited (RUCHIRA.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

+30.3%

₹130.60

vs ₹100.25 price

Levered DCF

₹635.03

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

—

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	FY2019
P/E	6.49×	5.23×	7.12×	4.12×	8.77×	30.17×	3.04×	6.19×
P/B	0.58×	0.76×	0.85×	0.73×	0.85×	0.56×	0.31×	1.02×
P/S	0.44×	0.53×	0.53×	0.35×	0.43×	0.36×	0.17×	0.5×
EV / EBITDA	5.47×	3.91×	4.67×	2.88×	5.08×	8.87×	3.33×	3.89×
Gross margin	12.3%	27.3%	22.9%	20.9%	19.1%	6.4%	9.7%	27.5%
Operating margin	9.7%	13.7%	10.2%	11.7%	8.0%	19.6%	6.3%	14.0%
Net margin	6.8%	10.2%	7.5%	8.4%	5.4%	1.2%	5.7%	8.1%
Current ratio	1.68×	2.43×	2.48×	2.31×	1.77×	1.58×	1.68×	1.6×
Debt / equity	0.37×	0.18×	0.11×	0.11×	0.21×	0.28×	0.26×	0.31×
Interest coverage	7.43×	21.87×	18.94×	18.69×	8.08×	14.02×	4.44×	8.56×
Dividend yield	5.2%	4.2%	4.3%	1.9%	0.9%	0.0%	6.6%	2.0%
Payout ratio	33.8%	22.2%	30.3%	8.0%	7.3%	0.0%	19.9%	12.5%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	8.9%	14.4%	11.9%	17.8%	10.7%	1.8%	10.3%	16.5%
Return on invested capital	6.4%	11.3%	10.6%	15.2%	8.8%	17.3%	8.3%	12.4%
Return on assets	5.8%	11.0%	9.1%	13.3%	7.2%	1.2%	6.8%	9.8%
Free cash flow yield	-61.0%	15.8%	3.7%	8.7%	3.0%	-3.5%	22.4%	2.5%
Earnings yield	15.4%	19.1%	14.0%	24.3%	12.5%	3.3%	33.0%	16.2%
Enterprise value	₹4.7B	₹4.4B	₹3.9B	₹3.2B	₹3.3B	₹2.3B	₹1.5B	₹3.2B
Net debt / EBITDA	2.13×	0.76×	0.52×	0.37×	1.02×	2.98×	1.49×	0.89×
Cash conversion cycle (days)	109	118	106	79	92	106	98	113