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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
-1427.7%
-₹15,277.31
vs ₹1,150.70 price
Levered DCF
-₹13,513.57
After debt service
Piotroski score
—
Altman Z-score
—
Rating
B-
Overall 2 / 5
Ratios by fiscal year

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

MetricFY2025FY2024
P/E29.36×2,968.16×
P/B3.63×2.61×
P/S5.35×5.36×
EV / EBITDA17.1×20.97×
Gross margin60.2%0.4%
Operating margin21.7%19.0%
Net margin18.2%0.2%
Current ratio1.92×3×
Debt / equity0.37×0.4×
Interest coverage5.48×3.57×
Dividend yield0.0%0.0%
Payout ratio0.0%0.0%
Key metrics by fiscal year
MetricFY2025FY2024
Return on equity12.4%0.1%
Return on invested capital8.0%11.5%
Return on assets7.2%4.7%
Free cash flow yield-6.0%-9.9%
Earnings yield3.4%0.0%
Enterprise value₹36.8B₹22.6B
Net debt / EBITDA1.38×1.94×
Cash conversion cycle (days)-246,534