Synergy Green Industries Limited (SGIL.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

-196.8%

-₹520.61

vs ₹538.00 price

Levered DCF

-₹924.93

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

—

Rating

D+

Overall 1 / 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	159.2×	36.08×	43.75×	192.18×	172.63×	79.23×	108.94×	47.36×
P/B	6.67×	5.66×	10.45×	4.72×	7.21×	7.46×	5.94×	5.65×
P/S	2.02×	1.69×	1.5×	0.57×	0.87×	1.26×	1.2×	1.33×
EV / EBITDA	25.18×	14.22×	14.36×	9.31×	13.5×	12.79×	13.15×	12.54×
Gross margin	46.1%	15.8%	58.2%	56.7%	18.9%	12.2%	25.1%	24.8%
Operating margin	5.2%	10.4%	8.3%	4.8%	4.6%	6.4%	6.8%	8.3%
Net margin	1.3%	4.7%	3.5%	0.3%	0.5%	1.6%	1.6%	2.8%
Current ratio	0.85×	1.03×	0.92×	1.01×	0.96×	1.02×	1.02×	1.19×
Debt / equity	2.25×	1.45×	1.71×	2.38×	2.1×	2.36×	1.16×	1.33×
Interest coverage	0.92×	2.38×	2.03×	0.98×	1.13×	1.08×	1.47×	1.56×
Dividend yield	0.4%	0.9%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	56.4%	31.7%	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	4.2%	15.7%	24.8%	2.5%	4.2%	9.6%	8.0%	11.9%
Return on invested capital	3.2%	9.4%	15.5%	11.2%	5.0%	6.7%	8.3%	13.3%
Return on assets	1.0%	4.9%	5.8%	0.5%	0.7%	1.8%	2.3%	3.1%
Free cash flow yield	-18.1%	-16.3%	3.8%	9.2%	0.7%	1.1%	-1.0%	-6.9%
Earnings yield	0.6%	2.8%	2.4%	0.5%	0.6%	1.3%	1.4%	2.1%
Enterprise value	₹9.9B	₹7.6B	₹5.6B	₹2.5B	₹3.2B	₹3.2B	₹2.9B	₹2.5B
Net debt / EBITDA	6.35×	2.87×	1.93×	3.12×	3.04×	3.01×	2.06×	1.86×
Cash conversion cycle (days)	50	50	45	60	37	46	24	58