Sambhaav Media Limited (SAMBHAAV.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

-18.4%

₹4.51

vs ₹5.52 price

Levered DCF

₹9.58

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

5.24

Safe zone

Rating

B-

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	521×	66.25×	175.41×	-17.5×	-26×	-23.07×	45.79×	34.62×
P/B	1.47×	0.61×	1.23×	0.57×	0.87×	0.45×	0.28×	1×
P/S	2.86×	1.23×	2.56×	1.16×	2.19×	0.91×	0.49×	2.02×
EV / EBITDA	18.72×	11.12×	13.01×	7.56×	29.24×	7.3×	4.91×	10×
Gross margin	38.1%	27.9%	34.1%	56.6%	5.6%	62.7%	61.7%	64.0%
Operating margin	2.4%	1.2%	3.5%	1.0%	-12.0%	-2.1%	-1.6%	9.6%
Net margin	0.5%	1.0%	1.5%	-6.4%	0.0%	-3.9%	1.1%	6.1%
Current ratio	6.19×	3.58×	3.54×	2.89×	2.97×	2.28×	1.93×	1.3×
Debt / equity	0.06×	0.13×	0.16×	0.23×	0.18×	0.24×	0.28×	0.2×
Interest coverage	0.9×	0.5×	0.65×	0.15×	-2.31×	-0.31×	-0.27×	2×
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	0.3%	0.5%	0.7%	-3.1%	0.0%	-1.9%	0.6%	3.0%
Return on invested capital	0.1%	0.3%	1.4%	0.4%	-3.0%	-0.7%	-0.7%	2.6%
Return on assets	0.2%	0.4%	0.6%	-2.4%	0.0%	-1.5%	0.4%	2.3%
Free cash flow yield	5.6%	35.6%	7.6%	8.7%	10.4%	12.0%	-12.6%	-11.6%
Earnings yield	0.2%	0.8%	0.6%	-5.6%	0.0%	-4.3%	2.2%	3.0%
Enterprise value	₹1.2B	₹621.2M	₹1.2B	₹655.3M	₹891.9M	₹582.5M	₹474.9M	₹1B
Net debt / EBITDA	-0.06×	1.93×	1.47×	2.16×	4.8×	2.51×	2.44×	1.55×
Cash conversion cycle (days)	126	182	223	88	142	136	143	115