Shri Dinesh Mills Limited (SHRIDINE.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

-12.5%

₹338.68

vs ₹387.00 price

Levered DCF

₹33.11

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

5.89

Safe zone

Rating

A-

Overall 4 / 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	15.81×	14.59×	5.48×	12.86×	13.72×	19.96×	43.09×	-1,019.17×
P/B	0.6×	0.79×	1.37×	1.94×	2.99×	1.77×	0.49×	0.64×
P/S	1.77×	2.3×	2.74×	3.11×	4.57×	2.64×	0.72×	0.7×
EV / EBITDA	9.58×	7.48×	13.13×	8.85×	9.81×	10.83×	4.42×	7.71×
Gross margin	34.3%	37.3%	60.8%	59.7%	65.4%	66.5%	63.5%	61.2%
Operating margin	0.6%	8.0%	17.5%	6.3%	13.3%	10.4%	-4.8%	-1.1%
Net margin	11.2%	15.8%	50.0%	24.3%	33.3%	13.2%	1.7%	-0.1%
Current ratio	9.69×	4.28×	5.45×	5.54×	5.47×	4.96×	3.63×	2.93×
Debt / equity	0.01×	0.02×	0.12×	0.09×	0.05×	0.05×	0.06×	0.07×
Interest coverage	0.58×	6.91×	9.2×	4.41×	18.57×	9.38×	-3.85×	-0.57×
Dividend yield	0.9%	11.0%	2.0%	1.4%	0.7%	0.0%	6.4%	1.5%
Payout ratio	14.7%	160.2%	11.1%	17.6%	9.3%	0.0%	277.4%	-1534.9%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	3.8%	5.4%	25.1%	15.2%	21.8%	8.9%	1.1%	-0.1%
Return on invested capital	0.2%	2.0%	5.9%	2.6%	6.6%	5.4%	-2.7%	-0.2%
Return on assets	3.3%	4.0%	18.7%	10.9%	16.1%	6.7%	0.8%	-0.0%
Free cash flow yield	1.4%	5.0%	-2.3%	-1.0%	0.8%	4.7%	1.4%	19.6%
Earnings yield	6.3%	6.9%	18.2%	7.8%	7.3%	5.0%	2.3%	-0.1%
Enterprise value	₹1.2B	₹1.5B	₹3B	₹3.2B	₹4.1B	₹2B	₹512M	₹653.2M
Net debt / EBITDA	-0.09×	0.03×	0.86×	0.29×	0.05×	0.17×	0.33×	0.35×
Cash conversion cycle (days)	138	144	165	137	206	218	194	207