Sheetal Cool Products Limited (SCPL.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

-106.7%

-₹37.01

vs ₹555.30 price

Levered DCF

₹191.91

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

—

Rating

C+

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	17.09×	20.88×	21.1×	26.89×	37.57×	112.92×	70.24×	333.02×
P/B	2.08×	2.64×	3.84×	5.87×	9.41×	12.57×	14.14×	17.71×
P/S	0.89×	1.07×	1.25×	1.62×	2.11×	2.97×	2.66×	2.95×
EV / EBITDA	8.98×	11.11×	11.36×	14.12×	18.77×	25.47×	22.42×	39×
Gross margin	21.7%	33.0%	22.1%	33.2%	24.5%	29.0%	31.7%	26.6%
Operating margin	8.8%	27.0%	10.2%	10.5%	20.7%	3.5%	6.4%	3.9%
Net margin	5.2%	5.1%	5.9%	6.0%	5.6%	2.6%	3.8%	0.9%
Current ratio	2.65×	1.97×	1.95×	1.77×	1.76×	1.49×	1.37×	1.34×
Debt / equity	0.32×	0.57×	0.73×	0.92×	1.01×	1.3×	1.06×	1.18×
Interest coverage	4.55×	13.28×	4.03×	4.74×	13.48×	1.28×	3.52×	3.52×
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	12.2%	12.6%	18.2%	21.8%	25.0%	11.1%	20.1%	5.3%
Return on invested capital	10.7%	29.7%	12.8%	13.8%	31.4%	4.3%	9.4%	4.2%
Return on assets	7.2%	6.6%	8.9%	9.0%	9.4%	3.5%	5.7%	1.4%
Free cash flow yield	-0.0%	5.7%	3.2%	-0.6%	-0.1%	-1.5%	-0.8%	-5.4%
Earnings yield	5.9%	4.8%	4.7%	3.7%	2.7%	0.9%	1.4%	0.3%
Enterprise value	₹3.8B	₹4.1B	₹5.2B	₹6.3B	₹7.6B	₹7.6B	₹7.4B	₹7.3B
Net debt / EBITDA	1.18×	1.76×	1.72×	1.87×	1.8×	2.27×	1.55×	2.28×
Cash conversion cycle (days)	193	260	199	234	157	152	69	40