Simplex Realty Limited (SIMPLXREA.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

-1103.6%

-₹1,502.95

vs ₹149.75 price

Levered DCF

-₹5,360.74

After debt service

Piotroski score

4 / 9

Average

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	-10.93×	47.64×	8.06×	17.19×	17.36×	25.97×	33.21×	15.76×
P/B	0.36×	0.53×	0.36×	0.2×	0.28×	0.13×	0.1×	0.17×
P/S	3.18×	12.93×	23.34×	13.78×	15.52×	3.46×	1.22×	3.86×
EV / EBITDA	-13.25×	-16.55×	6.13×	11.28×	8.24×	18.49×	9.12×	9.53×
Gross margin	-9.8%	31.4%	-110.0%	56.4%	48.4%	-7.1%	6.7%	10.8%
Operating margin	-24.6%	-102.1%	-248.6%	-273.7%	-179.5%	-106.8%	-41.6%	-59.3%
Net margin	-29.1%	27.1%	289.6%	80.1%	124.3%	13.3%	3.7%	24.5%
Current ratio	49.97×	5.29×	42.68×	13.77×	32.87×	31.22×	31.02×	30.58×
Debt / equity	0×	0.17×	0×	0×	0×	0.01×	0.02×	0.03×
Interest coverage	-11.12×	-3.73×	-476.92×	-137.47×	-51.95×	-21.51×	-10.57×	-4.98×
Dividend yield	0.0%	0.5%	0.7%	1.4%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	23.0%	5.9%	23.6%	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	-3.3%	1.1%	4.4%	1.2%	2.2%	0.5%	0.3%	1.1%
Return on invested capital	-2.7%	-3.0%	-3.0%	-2.9%	-2.5%	-4.1%	-1.3%	-2.0%
Return on assets	-3.1%	0.9%	4.3%	1.1%	2.2%	0.5%	0.3%	1.0%
Free cash flow yield	-7.5%	-56.1%	-14.7%	-22.4%	-15.4%	10.8%	-35.3%	29.1%
Earnings yield	-9.1%	2.1%	12.4%	5.8%	8.0%	3.8%	3.0%	6.4%
Enterprise value	₹401.9M	₹785.1M	₹409.3M	₹215M	₹279.7M	₹152.8M	₹129.5M	₹211.8M
Net debt / EBITDA	0.27×	-3.48×	-0.04×	-0.16×	-0.83×	1.09×	1.29×	1.28×
Cash conversion cycle (days)	1,670	6,642	3,813	18,405	12,207	5,428	1,621	3,410