Sahara Housingfina Corporation Limited (SAHARAHOUS.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

-85.2%

₹5.53

vs ₹37.50 price

Levered DCF

₹69.22

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

—

Rating

C+

Overall 2 / 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	75.43×	43.13×	19.02×	23.53×	18.64×	15.9×	16×	12.74×
P/B	0.49×	0.53×	0.52×	0.66×	0.68×	0.71×	0.74×	0.78×
P/S	3.62×	3.71×	2.97×	3.36×	2.84×	2.66×	2.75×	2.67×
EV / EBITDA	44.37×	38.62×	29.44×	29.44×	31.99×	28.18×	28.59×	29.56×
Gross margin	67.9%	29.6%	29.5%	28.1%	36.2%	37.5%	25.2%	15.5%
Operating margin	5.6%	-4.6%	3.5%	5.3%	18.2%	21.4%	9.8%	0.6%
Net margin	4.8%	8.6%	15.6%	14.3%	15.3%	16.7%	17.1%	20.9%
Current ratio	0×	919.6×	0.71×	26.65×	27.84×	3.44×	4.88×	1.02×
Debt / equity	0.25×	0.43×	0.88×	0.98×	1.22×	1.33×	1.67×	2.08×
Interest coverage	0×	-7.16×	4.21×	0.12×	0.44×	0.52×	8.12×	0.57×
Dividend yield	0.0%	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%	0.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	0.7%	1.2%	2.7%	2.8%	3.7%	4.5%	4.6%	6.1%
Return on invested capital	0.5%	-0.4%	0.2%	0.4%	1.6%	2.0%	0.7%	0.0%
Return on assets	0.5%	0.9%	1.4%	1.4%	1.6%	1.9%	1.7%	1.8%
Free cash flow yield	28.4%	3.1%	14.0%	30.4%	8.9%	20.6%	90.1%	-18.6%
Earnings yield	1.3%	2.3%	5.3%	4.3%	5.4%	6.3%	6.2%	7.8%
Enterprise value	₹326.7M	₹476.3M	₹696.1M	₹794.1M	₹890.8M	₹908.6M	₹995.2M	₹1.2B
Net debt / EBITDA	9.14×	15.96×	18.14×	17.11×	20.04×	17.86×	19.03×	21.31×
Cash conversion cycle (days)	0	-5	-5	-5	385	224	192	-4