Shradha Infraprojects Limited (SHRADHA.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

-3219.0%

-₹795.03

vs ₹25.49 price

Levered DCF

-₹1,544.42

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

—

Rating

B-

Overall 2 / 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	6.58×	16.7×	7.54×	6.05×	14.3×	10.35×	4.56×	6.36×
P/B	0.59×	2.03×	0.61×	0.4×	0.34×	0.29×	0.15×	0.36×
P/S	1.51×	2.9×	0.51×	0.33×	11.74×	13.9×	3.09×	2.15×
EV / EBITDA	5.79×	11.08×	7.26×	9.46×	97.55×	62.73×	-614.42×	102.45×
Gross margin	24.1%	24.3%	21.3%	15.2%	9.2%	-37.0%	8.8%	17.6%
Operating margin	18.9%	22.9%	20.6%	13.4%	-62.6%	-72.8%	-10.4%	9.3%
Net margin	22.9%	17.3%	16.9%	15.7%	81.7%	134.3%	68.0%	33.7%
Current ratio	4.27×	1.86×	1.51×	1.58×	1.42×	1.46×	2.59×	2.11×
Debt / equity	0.34×	1.11×	1.65×	2.1×	2.65×	2.43×	1.86×	1.68×
Interest coverage	6.54×	7.37×	155.36×	287.69×	-39.17×	-12.29×	-2.37×	2.49×
Dividend yield	1.7%	0.7%	0.9%	6.8%	0.5%	0.0%	7.7%	0.0%
Payout ratio	11.0%	11.0%	2.7%	14.3%	7.9%	0.0%	35.2%	0.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	9.0%	12.1%	20.3%	19.3%	2.4%	2.8%	3.3%	5.7%
Return on invested capital	3.8%	4.9%	7.5%	3.9%	-0.4%	-0.3%	-0.1%	0.4%
Return on assets	5.5%	4.6%	6.5%	5.6%	0.6%	0.8%	1.0%	1.8%
Free cash flow yield	-44.6%	-9.3%	-4.9%	85.6%	-199.8%	-96.4%	-264.4%	-8.5%
Earnings yield	15.2%	6.0%	33.2%	47.9%	7.0%	9.7%	22.0%	15.7%
Enterprise value	₹2.7B	₹4.2B	₹2.1B	₹1.8B	₹1.8B	₹1.5B	₹1.1B	₹1.1B
Net debt / EBITDA	1.98×	2.86×	5.28×	7.93×	86.24×	55.59×	-564.08×	82.59×
Cash conversion cycle (days)	1,171	1,106	887	1,000	51,819	40,943	23,890	7,269