S Chand and Company Limited (SCHAND.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

+2204.7%

₹3,081.16

vs ₹133.69 price

Levered DCF

₹1,929.80

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

2.56

Grey zone

Rating

A-

Overall 4 / 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	2.73×	9.94×	14.51×	11.82×	30.36×	-64.45×	-1.22×	-9.33×
P/B	0.2×	0.64×	0.87×	0.87×	0.41×	0.45×	0.17×	0.67×
P/S	0.26×	0.88×	1.24×	1.29×	0.71×	0.88×	0.32×	1.21×
EV / EBITDA	1.46×	4.35×	6.97×	5.9×	6.32×	7.8×	-16.14×	-16.76×
Gross margin	38.1%	68.2%	28.2%	54.7%	54.9%	54.3%	52.3%	56.4%
Operating margin	12.5%	12.9%	11.0%	10.2%	7.1%	7.0%	-13.2%	-9.9%
Net margin	9.5%	8.8%	8.5%	10.9%	2.3%	-1.4%	-26.2%	-12.9%
Current ratio	2.63×	2.77×	2.22×	2.09×	2.01×	1.88×	1.61×	1.82×
Debt / equity	0.13×	0.11×	0.14×	0.17×	0.22×	0.29×	0.32×	0.23×
Interest coverage	7.14×	7.19×	4.77×	2.99×	1.24×	0.91×	-1.61×	-1.88×
Dividend yield	6.8%	1.7%	1.3%	0.0%	0.0%	0.0%	0.0%	0.8%
Payout ratio	18.6%	16.6%	18.7%	0.0%	0.0%	0.0%	0.0%	-7.8%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	7.2%	6.4%	6.0%	7.4%	1.3%	-0.7%	-13.6%	-7.2%
Return on invested capital	6.2%	5.4%	5.9%	4.3%	3.3%	2.7%	-5.1%	-3.1%
Return on assets	5.4%	5.0%	4.4%	5.4%	0.9%	-0.5%	-8.6%	-4.7%
Free cash flow yield	17.9%	11.9%	12.6%	8.3%	26.7%	25.8%	15.0%	-1.5%
Earnings yield	36.7%	10.1%	6.9%	8.5%	3.3%	-1.5%	-82.1%	-10.7%
Enterprise value	₹2.3B	₹6.4B	₹8.3B	₹8.5B	₹4.6B	₹5.7B	₹3.9B	₹7.8B
Net debt / EBITDA	0.15×	0.08×	0.1×	0.52×	1.66×	2.69×	-10.53×	-3.3×
Cash conversion cycle (days)	166	175	176	226	235	318	370	335