Sintercom India Limited (SINTERCOM.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

+13.8%

₹91.61

vs ₹80.50 price

Levered DCF

-₹117.50

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

—

Rating

C-

Overall 1 / 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	139.73×	534.75×	316.55×	-33,000×	-63.34×	-42.53×	-30.13×	31.28×
P/B	1.94×	3.52×	3.63×	2.73×	2.45×	1.93×	1×	1.93×
P/S	1.99×	3.97×	4.17×	3.3×	4.07×	4.25×	1.62×	2.09×
EV / EBITDA	14.41×	27.35×	28.89×	26.39×	51.52×	59.42×	18.98×	10.72×
Gross margin	17.2%	36.1%	36.4%	13.3%	34.3%	8.5%	45.0%	48.3%
Operating margin	7.9%	7.0%	7.0%	4.9%	-1.8%	-5.8%	1.4%	14.1%
Net margin	1.4%	0.7%	1.3%	-0.0%	-6.4%	-10.0%	-5.4%	6.7%
Current ratio	1.75×	1.69×	1.38×	1.3×	1.29×	1.5×	1.05×	1.06×
Debt / equity	0.52×	0.48×	0.33×	0.28×	0.25×	0.21×	0.33×	0.32×
Interest coverage	1.51×	1.3×	1.41×	1.23×	-0.31×	-0.71×	0.19×	2.88×
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	1.4%	0.7%	1.1%	-0.0%	-3.9%	-4.5%	-3.3%	6.2%
Return on invested capital	2.5%	1.7%	2.7%	-0.1%	-0.7%	-1.6%	0.5%	6.7%
Return on assets	0.7%	0.3%	0.6%	-0.0%	-2.5%	-3.1%	-1.9%	3.7%
Free cash flow yield	-1.6%	-2.6%	-0.3%	-0.2%	-2.8%	-2.8%	4.8%	-2.6%
Earnings yield	0.7%	0.2%	0.3%	-0.0%	-1.6%	-2.3%	-3.3%	3.2%
Enterprise value	₹2.5B	₹4.1B	₹4B	₹3B	₹2.7B	₹2.1B	₹1.1B	₹2B
Net debt / EBITDA	3×	3.25×	2.42×	2.47×	4.66×	3.88×	4.66×	1.5×
Cash conversion cycle (days)	346	369	318	258	301	305	229	170