Sawaca Enterprises Ltd (SAWACA.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

-1107.1%

-₹2.52

vs ₹0.25 price

Levered DCF

-₹18.38

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

—

Rating

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	-43.24×	-79.41×	-23.33×	17.24×	19.02×	25.55×	47.62×	51.85×
P/B	0.31×	0.48×	0.61×	0.62×	0.81×	0.84×	0.85×	0.87×
P/S	0.47×	0.34×	0.1×	1.22×	3.87×	3.89×	13.68×	7.22×
EV / EBITDA	33.01×	60.1×	-28.29×	10.57×	-64.51×	-15.22×	-103,701,300×	0×
Gross margin	1.2%	1.4%	1.4%	5.9%	21.8%	3.3%	4.3%	1.8%
Operating margin	-4.8%	-0.4%	-0.5%	-5.8%	-11.0%	-13.8%	-96.9%	-52.3%
Net margin	-1.1%	-0.4%	-0.4%	7.1%	20.3%	15.2%	28.7%	14.0%
Current ratio	2.56×	4.86×	1.25×	0.82×	0.82×	0.24×	1.05×	1.68×
Debt / equity	0.06×	0.05×	0.05×	0.02×	0.03×	0.03×	0.01×	0×
Interest coverage	-7.87×	-5.5×	-21.15×	-17.01×	-14.17×	-307.42×	0×	0×
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%	-0.6%	-2.6%	3.6%	4.3%	3.3%	1.8%	1.7%
Return on invested capital	11.1%	2.2%	10.4%	-2.1%	-2.0%	-1.6%	-4.3%	-4.6%
Return on assets	-0.6%	-0.5%	-2.4%	3.2%	3.8%	3.1%	1.7%	1.6%
Free cash flow yield	-21.4%	-133.4%	-464.7%	3.4%	-2.0%	-8.7%	1.0%	6.5%
Earnings yield	-2.3%	-1.3%	-4.4%	5.8%	5.3%	3.9%	2.1%	1.9%
Enterprise value	₹210.6M	₹303.6M	₹85.7M	₹81.4M	₹106.6M	₹106.6M	₹103.7M	₹103.1M
Net debt / EBITDA	4.98×	4.87×	-1.84×	0.17×	-1.66×	-0.39×	115,000×	0×
Cash conversion cycle (days)	84	30	-1	-14	-38	-4	-100	58