Sambandam Spinning Mills Limited (SAMBANDAM.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

-384.0%

-₹295.36

vs ₹104.00 price

Levered DCF

₹34.70

After debt service

Piotroski score

2 / 9

Weak

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	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	-6.77×	-7.69×	-8.28×	-4.83×	6.04×	4.94×	9.33×	8.99×
P/B	0.48×	0.66×	0.71×	0.57×	0.79×	0.4×	0.23×	0.45×
P/S	0.15×	0.21×	0.3×	0.22×	0.26×	0.17×	0.11×	0.2×
EV / EBITDA	13.68×	16.24×	13.34×	14.9×	4.67×	4.19×	5.38×	5.05×
Gross margin	10.2%	32.4%	29.3%	24.8%	38.3%	41.4%	41.2%	39.7%
Operating margin	1.0%	-0.1%	-0.5%	-1.2%	9.6%	9.1%	5.6%	6.0%
Net margin	-2.1%	-2.7%	-3.6%	-4.5%	4.3%	3.5%	1.2%	2.2%
Current ratio	1.2×	1.05×	1.05×	1.23×	1.39×	1.24×	1.05×	1.01×
Debt / equity	1.73×	1.39×	1.28×	1.35×	1.16×	0.99×	0.95×	0.78×
Interest coverage	0.23×	-0.02×	-0.08×	-0.25×	2.65×	1.92×	1.2×	1.47×
Dividend yield	0.0%	0.0%	0.0%	3.8%	1.9%	0.0%	4.8%	2.5%
Payout ratio	0.0%	0.0%	0.0%	-18.2%	11.3%	0.0%	44.6%	22.3%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-7.0%	-8.5%	-8.6%	-11.7%	13.1%	8.0%	2.5%	5.0%
Return on invested capital	0.9%	-0.1%	-0.3%	-1.0%	8.7%	7.7%	4.5%	5.8%
Return on assets	-2.2%	-2.9%	-2.9%	-4.2%	4.7%	3.0%	1.0%	2.2%
Free cash flow yield	-8.9%	25.0%	32.5%	18.3%	-19.5%	-5.8%	-34.5%	21.0%
Earnings yield	-14.8%	-13.0%	-12.1%	-20.7%	16.6%	20.3%	10.7%	11.1%
Enterprise value	₹1.8B	₹1.8B	₹1.8B	₹1.9B	₹2.2B	₹1.4B	₹1.1B	₹1.1B
Net debt / EBITDA	10.72×	11.01×	8.58×	10.49×	2.75×	2.99×	4.33×	3.21×
Cash conversion cycle (days)	119	135	131	117	139	230	158	141