Shree Karthik Papers Limited (SHKARTP.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

-107.8%

-₹0.53

vs ₹6.78 price

Levered DCF

₹39.64

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

—

Rating

C+

Overall 2 / 5

Ratios by fiscal year

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

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	29.83×	75.18×	57.72×	41×	467.36×	-12.7×	1,804×	-1.4×
P/B	3.45×	5.59×	7.96×	8.28×	10.92×	8.39×	5.14×	4.97×
P/S	0.16×	0.25×	0.3×	0.21×	0.39×	0.92×	0.39×	0.28×
EV / EBITDA	19.63×	20.84×	18.95×	17.82×	20.08×	42.43×	13.38×	-4.8×
Gross margin	33.7%	39.7%	7.0%	23.6%	32.4%	45.0%	38.5%	10.9%
Operating margin	0.4%	0.8%	1.8%	1.5%	2.4%	-1.0%	4.2%	-17.4%
Net margin	0.5%	0.3%	0.5%	0.5%	0.1%	-7.3%	0.0%	-19.8%
Current ratio	1.27×	0.44×	0.47×	0.54×	0.5×	0.46×	0.51×	0.49×
Debt / equity	8.01×	7.93×	9.38×	12.68×	16.59×	12.41×	7.99×	8.25×
Interest coverage	0.44×	0.83×	1.31×	1.26×	1.1×	-0.17×	0.95×	-8.1×
Dividend yield	0.0%	0.0%	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%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	11.6%	7.3%	13.8%	20.0%	2.3%	-66.2%	0.3%	-355.7%
Return on invested capital	0.9%	1.7%	3.6%	3.7%	1.8%	-0.7%	0.4%	-34.3%
Return on assets	0.9%	0.6%	0.9%	1.0%	0.1%	-3.8%	0.0%	-30.4%
Free cash flow yield	-7.4%	3.3%	8.1%	14.9%	12.0%	5.1%	18.0%	20.4%
Earnings yield	3.4%	1.3%	1.7%	2.4%	0.2%	-7.9%	0.1%	-71.6%
Enterprise value	₹338.1M	₹352.9M	₹424.6M	₹436M	₹434M	₹427.4M	₹440M	₹458.3M
Net debt / EBITDA	13.72×	12.22×	10.25×	10.77×	12.1×	25.32×	8.14×	-2.99×
Cash conversion cycle (days)	42	13	25	28	76	65	24	-13