Sizemasters Technology Ltd. (SIZEMASTER.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

-360.4%

-₹1,030.04

vs ₹395.50 price

Levered DCF

₹521.81

After debt service

Piotroski score

—

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	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	79.4×	51.65×	87.18×	216.14×	605.2×	820.05×	318.19×	321.57×
P/B	17.79×	8.86×	13.51×	2.75×	3.33×	3.34×	3.35×	3.38×
P/S	8.98×	7.43×	12.25×	39.68×	14.44×	19.08×	10.8×	6.02×
EV / EBITDA	52.76×	39.28×	67.54×	148.15×	439.38×	613.8×	235.46×	233.88×
Gross margin	32.4%	39.2%	34.5%	53.2%	26.0%	37.6%	28.5%	15.2%
Operating margin	15.2%	16.1%	17.1%	7.2%	3.3%	3.2%	4.6%	2.5%
Net margin	11.3%	14.4%	14.1%	17.9%	2.4%	2.3%	3.4%	1.9%
Current ratio	2.57×	1.66×	1.69×	11.09×	76.53×	18.64×	301.94×	156.05×
Debt / equity	0.17×	0.93×	1.06×	0.05×	0×	0.06×	0×	0×
Interest coverage	38.23×	19.35×	53.47×	7.27×	92.67×	72.38×	351.18×	863.8×
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	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	22.4%	17.2%	15.5%	1.2%	0.5%	0.4%	1.1%	1.1%
Return on invested capital	18.0%	7.3%	6.2%	0.4%	0.6%	0.4%	1.0%	1.0%
Return on assets	12.6%	7.1%	6.5%	1.1%	0.5%	0.4%	1.0%	1.0%
Free cash flow yield	2.8%	0.2%	-0.3%	0.4%	1.4%	-1.4%	-1.1%	-0.3%
Earnings yield	1.3%	1.9%	1.1%	0.5%	0.2%	0.1%	0.3%	0.3%
Enterprise value	₹3.2B	₹1.3B	₹1.7B	₹267.4M	₹120.8M	₹122.5M	₹120.8M	₹119.5M
Net debt / EBITDA	-0.17×	2.72×	4.35×	-0.47×	-0.77×	7.51×	-0.48×	-3.09×
Cash conversion cycle (days)	116	334	403	3,818	2,109	3,483	1,614	708