Shangar Décor Limited (SHANGAR.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

-3934.1%

-₹8.05

vs ₹0.21 price

Levered DCF

-₹10.15

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

1.35

Distress zone

Rating

B+

Overall 3 / 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	6×	12.85×	1.33×	1.46×	29.68×	14.29×	6.53×	7.23×
P/B	0.15×	0.18×	0.14×	0.05×	0.23×	0.54×	0.35×	0.24×
P/S	0.38×	0.57×	0.08×	0.03×	0.23×	0.99×	0.31×	0.22×
EV / EBITDA	2.55×	0.88×	3.12×	6.24×	6.19×	5.76×	3.31×	1.91×
Gross margin	24.0%	68.9%	43.5%	46.0%	36.3%	42.7%	57.7%	42.6%
Operating margin	9.2%	5.8%	8.5%	3.5%	2.6%	10.3%	31.0%	5.4%
Net margin	6.3%	4.4%	5.8%	2.1%	0.8%	7.3%	4.8%	3.1%
Current ratio	3.49×	7.11×	1.29×	1.77×	1.52×	1.25×	1.15×	1.04×
Debt / equity	0.11×	0.01×	1.15×	1.48×	1.01×	0.63×	0.51×	0.24×
Interest coverage	40.72×	19.21×	22.89×	5.36×	1.99×	8.24×	23.51×	4.52×
Dividend yield	0.0%	474.6%	0.0%	0.0%	0.0%	5.0%	1.0%	0.0%
Payout ratio	0.0%	6099.8%	0.0%	0.0%	0.0%	68.4%	6.5%	0.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	2.5%	1.4%	10.2%	3.1%	0.8%	3.9%	5.4%	3.3%
Return on invested capital	2.3%	1.2%	4.9%	1.5%	0.8%	2.7%	19.3%	3.4%
Return on assets	2.1%	1.3%	2.7%	0.9%	0.3%	1.3%	1.8%	1.3%
Free cash flow yield	-20.7%	-176.5%	299.1%	-1110.8%	-155.7%	-50.8%	-61.1%	-12.9%
Earnings yield	16.7%	7.8%	74.8%	67.1%	3.6%	7.3%	15.6%	14.1%
Enterprise value	₹135.8M	₹26.9M	₹76.2M	₹98.7M	₹76.8M	₹74.1M	₹40.7M	₹21.8M
Net debt / EBITDA	0.89×	-2.54×	2.71×	6.05×	5.02×	3.1×	1.58×	0.72×
Cash conversion cycle (days)	147	458	-140	33	14	-156	-400	-224