Sambhv Steel Tubes Ltd. (SAMBHV.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

-224.7%

-₹203.40

vs ₹163.14 price

Levered DCF

-₹201.48

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

3.92

Safe zone

Rating

Overall 3 / 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
P/E	17.92×	41×	34.85×	47.6×	39.83×	59.15×	162.03×
P/B	2.42×	4.75×	6.56×	13.67×	19.26×	25.16×	42.99×
P/S	1.06×	1.56×	2.24×	3.07×	3.51×	4.09×	7.92×
EV / EBITDA	10.13×	17.8×	19.65×	26.58×	24.91×	33.08×	81.2×
Gross margin	21.1%	10.5%	25.8%	23.2%	22.9%	18.7%	19.2%
Operating margin	9.4%	8.1%	10.9%	10.8%	14.0%	15.8%	15.8%
Net margin	5.9%	3.8%	6.4%	6.4%	8.8%	6.9%	4.9%
Current ratio	1.3×	0.96×	1.06×	1.33×	1.17×	1.33×	1.26×
Debt / equity	0.35×	1.03×	0.8×	1.35×	1.62×	2.03×	2.83×
Interest coverage	5.51×	2.58×	4.58×	4.74×	6.33×	0×	0×
Dividend yield	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%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	13.5%	11.6%	18.8%	28.7%	48.3%	42.4%	26.5%
Return on invested capital	11.6%	8.6%	12.8%	14.8%	21.3%	23.8%	16.4%
Return on assets	6.9%	4.1%	8.8%	10.9%	15.7%	12.2%	5.8%
Free cash flow yield	-4.5%	-6.3%	-5.0%	-0.7%	-2.2%	-0.9%	-3.9%
Earnings yield	5.6%	2.4%	2.9%	2.1%	2.5%	1.7%	0.6%
Enterprise value	₹28.4B	₹28.4B	₹31.9B	₹31.5B	₹31.1B	₹21.2B	₹20.5B
Net debt / EBITDA	1.03×	3.08×	1.91×	2.34×	1.89×	2.46×	4.8×
Cash conversion cycle (days)	13	41	47	71	59	54	56