Shashijit Infraprojects Limited (SHASHIJIT.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

-175.4%

-₹1.70

vs ₹2.26 price

Levered DCF

-₹4.32

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

—

Rating

C-

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	36.63×	-10.98×	-44.86×	79.01×	204.58×	-218.66×	-55×	155.5×
P/B	1.16×	2.3×	2.53×	3.02×	2.24×	2.88×	3.03×	2.51×
P/S	0.77×	1.5×	1.04×	1.01×	0.89×	1.91×	1.19×	1.14×
EV / EBITDA	14.7×	-21.33×	17.15×	19.27×	17.2×	30.94×	71.69×	22.06×
Gross margin	56.4%	48.2%	18.1%	16.4%	18.7%	21.0%	15.2%	17.7%
Operating margin	1.7%	-13.1%	4.6%	5.0%	36.1%	27.0%	-1.0%	2.4%
Net margin	2.1%	-13.6%	-2.3%	1.3%	0.5%	-0.9%	-2.1%	0.7%
Current ratio	1.25×	1.39×	1.22×	1.19×	1.39×	1.35×	1.34×	1.52×
Debt / equity	0.59×	0.59×	1.04×	1.09×	1×	0.7×	0.53×	0.41×
Interest coverage	0.57×	-3.38×	1.09×	1.74×	14.54×	7.59×	-0.56×	1.53×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.2%	0.6%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	-8.5%	89.5%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	3.2%	-20.8%	-5.5%	3.8%	1.1%	-1.3%	-5.4%	1.6%
Return on invested capital	1.6%	-10.6%	5.5%	4.7%	37.5%	19.9%	-1.3%	2.3%
Return on assets	1.3%	-9.2%	-1.7%	1.2%	0.4%	-0.5%	-2.1%	0.8%
Free cash flow yield	-0.2%	-12.5%	2.1%	-3.6%	-6.4%	-0.8%	-1.8%	-1.3%
Earnings yield	2.7%	-9.0%	-2.2%	1.3%	0.5%	-0.5%	-1.8%	0.6%
Enterprise value	₹270.6M	₹429.6M	₹400.1M	₹483.2M	₹364.7M	₹399.2M	₹395M	₹346.9M
Net debt / EBITDA	4.95×	-4.26×	4.99×	5.06×	5.22×	6.04×	9.73×	2.98×
Cash conversion cycle (days)	247	237	202	121	176	199	103	145