Simmonds Marshall Limited (SIMMOND.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

-31.0%

₹166.93

vs ₹241.95 price

Levered DCF

₹199.88

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

—

Rating

Overall 3 / 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	9.69×	13.26×	25.69×	-15.97×	-8.82×	-1.89×	-3.18×	14.84×
P/B	2.46×	2.7×	2.33×	1.33×	1.22×	0.84×	0.42×	1.29×
P/S	0.6×	0.57×	0.44×	0.23×	0.27×	0.25×	0.17×	0.46×
EV / EBITDA	6.57×	7.93×	8.57×	9.59×	11.67×	-38.47×	-290.66×	7.75×
Gross margin	26.4%	25.4%	21.9%	9.1%	40.9%	1.0%	35.0%	38.3%
Operating margin	10.0%	8.2%	5.0%	2.6%	2.1%	-7.2%	-3.6%	5.5%
Net margin	6.2%	4.3%	1.7%	-1.5%	-3.1%	-13.3%	-5.2%	3.1%
Current ratio	1.71×	1.33×	1.21×	1.14×	1.16×	1.15×	1.4×	1.84×
Debt / equity	1.15×	1.89×	2.35×	2.58×	2.55×	2.28×	0.81×	0.55×
Interest coverage	2.83×	1.94×	1.09×	0.55×	0.37×	-1.2×	-1.1×	2.9×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	2.7%	1.1%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	-8.7%	16.1%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	25.4%	20.4%	9.1%	-8.3%	-13.8%	-44.6%	-13.3%	8.7%
Return on invested capital	16.8%	12.8%	7.7%	4.1%	2.6%	-7.3%	-3.7%	7.3%
Return on assets	8.8%	5.1%	2.0%	-1.6%	-2.9%	-10.1%	-5.5%	4.2%
Free cash flow yield	13.9%	0.8%	8.5%	26.9%	22.4%	-2.4%	-9.2%	-7.4%
Earnings yield	10.3%	7.5%	3.9%	-6.3%	-11.3%	-52.8%	-31.5%	6.7%
Enterprise value	₹2.1B	₹2B	₹1.7B	₹1.3B	₹1.3B	₹1.2B	₹713M	₹1.2B
Net debt / EBITDA	2.1×	3.26×	4.3×	6.32×	7.9×	-28.04×	-190.21×	2.31×
Cash conversion cycle (days)	95	114	104	121	161	164	191	179