Signpost India Limited (SIGNPOST.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

-116.3%

-₹35.15

vs ₹215.77 price

Levered DCF

-₹663.14

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

—

Rating

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
P/E	16.85×	38.34×	45.19×	49.33×	223.66×	100.48×	29.39×
P/B	4.11×	5.89×	10.53×	11.82×	17.08×	5.66×	6×
P/S	2.05×	2.86×	5.14×	5.18×	10.43×	2.84×	1.23×
EV / EBITDA	9×	15.49×	23.45×	24.7×	68.65×	21.66×	13.68×
Gross margin	40.9%	39.0%	80.1%	38.2%	27.5%	18.5%	12.8%
Operating margin	18.4%	11.3%	28.6%	18.4%	7.9%	16.3%	6.8%
Net margin	12.2%	7.5%	11.4%	10.5%	4.7%	2.8%	4.2%
Current ratio	1.26×	1.05×	1.13×	1.24×	1.3×	1.35×	1.23×
Debt / equity	0.71×	0.79×	0.82×	0.66×	0.4×	0.6×	0.48×
Interest coverage	6.58×	4.65×	13.15×	7.18×	2.93×	0×	0×
Dividend yield	0.2%	0.2%	0.1%	0.1%	0.0%	0.0%	0.0%
Payout ratio	3.8%	7.9%	5.3%	6.6%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
Return on equity	24.4%	15.4%	23.3%	24.0%	7.6%	5.6%	20.4%
Return on invested capital	15.8%	9.6%	21.2%	17.5%	7.0%	12.9%	14.5%
Return on assets	10.2%	6.1%	9.3%	9.3%	3.7%	2.1%	6.9%
Free cash flow yield	-2.9%	-2.5%	-2.3%	-1.6%	-0.5%	3.6%	0.0%
Earnings yield	5.9%	2.6%	2.2%	2.0%	0.4%	1.0%	3.4%
Enterprise value	₹13.6B	₹14.6B	₹21.4B	₹18.4B	₹17.8B	₹5.3B	₹5.5B
Net debt / EBITDA	1.21×	1.7×	1.6×	1.3×	1.49×	0.44×	0.67×
Cash conversion cycle (days)	45	-27	-356	-298	66	27	11