Silgo Retail Limited (SILGO.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

-197.1%

-₹68.66

vs ₹70.70 price

Levered DCF

-₹202.72

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	FY2019
P/E	30.34×	18.84×	16.35×	8.41×	15.05×	22.54×	18.41×	14.37×
P/B	1.25×	1.45×	0.95×	0.61×	1.22×	1.9×	2.05×	1.9×
P/S	3.67×	1.92×	1.47×	0.55×	0.99×	1.56×	1.28×	0.82×
EV / EBITDA	21.8×	13.42×	8.98×	7.22×	12.07×	17.14×	13.89×	8.9×
Gross margin	21.3%	14.6%	18.4%	16.5%	16.4%	18.2%	17.2%	16.4%
Operating margin	18.7%	14.0%	15.6%	14.8%	13.2%	12.1%	11.1%	8.7%
Net margin	12.1%	10.1%	9.0%	6.9%	6.6%	6.9%	6.9%	5.7%
Current ratio	5.75×	11.03×	6.94×	2.84×	2.73×	2.48×	2.88×	7.86×
Debt / equity	0.15×	0×	0.13×	0.61×	0.68×	0.67×	0.45×	0×
Interest coverage	11.08×	35.55×	4.36×	2.62×	3.55×	4.72×	8.51×	572.15×
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	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	4.1%	7.7%	5.8%	7.7%	8.1%	8.4%	11.1%	13.2%
Return on invested capital	4.0%	7.8%	6.7%	7.5%	7.0%	6.5%	9.0%	13.3%
Return on assets	3.5%	6.9%	5.0%	4.5%	4.5%	4.9%	7.3%	11.6%
Free cash flow yield	0.0%	-0.9%	3.0%	12.7%	-2.3%	-29.8%	-39.4%	-25.5%
Earnings yield	3.3%	5.3%	6.1%	12.6%	6.7%	4.4%	5.4%	7.0%
Enterprise value	₹1.9B	₹841.9M	₹495.9M	₹373.3M	₹537.7M	₹667.7M	₹440.9M	₹175.6M
Net debt / EBITDA	2.19×	-0.14×	-0.33×	3.62×	4.3×	4.43×	2.44×	-0.05×
Cash conversion cycle (days)	1,238	583	626	605	573	516	366	188