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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
-49.8%
₹1,726.47
vs ₹3,441.20 price
Levered DCF
₹1,308.07
After debt service
Piotroski score
—
Altman Z-score
—
Rating
C-
Overall 1 / 5
Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

MetricFY2025
P/E43.41×
P/B27.14×
P/S11.87×
EV / EBITDA30.16×
Gross margin57.8%
Operating margin33.8%
Net margin27.3%
Current ratio3.85×
Debt / equity0.06×
Interest coverage148.65×
Dividend yield1.2%
Payout ratio52.8%
Key metrics by fiscal year
MetricFY2025
Return on equity62.5%
Return on invested capital52.3%
Return on assets43.9%
Free cash flow yield1.7%
Earnings yield2.3%
Enterprise value₹100.7B
Net debt / EBITDA-1.05×
Cash conversion cycle (days)-5