Shashwat Furnishing Solutions Ltd. (SFSL.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

-14537.5%

-₹6,245.66

vs ₹43.26 price

Levered DCF

-₹7,503.92

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

7.71

Safe zone

Rating

C-

Overall 1 / 5

Ratios by fiscal year

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

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
P/E	-55.35×	26.59×	-8.6×	29.09×	60×	0×
P/B	5.92×	2.55×	2.47×	1.49×	3.47×	0×
P/S	0.82×	2.02×	2.6×	1.35×	4.58×	0×
EV / EBITDA	633.08×	12.75×	-17.92×	30.1×	37.59×	0×
Gross margin	3.9%	35.8%	20.2%	27.5%	37.0%	0.0%
Operating margin	-1.1%	12.4%	3.6%	16.8%	10.2%	0.0%
Net margin	-1.5%	7.6%	-30.2%	4.6%	7.6%	0.0%
Current ratio	2.69×	2.78×	2.58×	9.21×	4.21×	0×
Debt / equity	0.45×	0.38×	0.49×	0.29×	0×	0×
Interest coverage	-1.9×	3.17×	0.73×	113.1×	352×	0×
Dividend yield	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%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
Return on equity	-10.7%	9.6%	-28.8%	5.1%	5.8%	0.0%
Return on invested capital	-5.3%	9.8%	2.3%	14.4%	5.8%	0.0%
Return on assets	-6.4%	5.7%	-16.8%	3.7%	4.5%	0.0%
Free cash flow yield	0.9%	1.7%	-7.0%	-48.6%	-20.3%	0.0%
Earnings yield	-1.8%	3.8%	-11.6%	3.4%	1.7%	0.0%
Enterprise value	₹208.9M	₹107.1M	₹93M	₹68.3M	₹59.3M	-₹100K
Net debt / EBITDA	36.66×	1.49×	-2.6×	2.89×	-2.36×	0×
Cash conversion cycle (days)	58	365	323	227	232	0