Sreechem Resins Limited (SRECR.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

+110.8%

₹47.73

vs ₹22.65 price

Levered DCF

₹10.24

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

—

Rating

C+

Overall 2 / 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	-54.05×	-40.97×	12.48×	20.4×	4.17×	2.21×	6.56×	-24.68×
P/B	0.88×	1.05×	2.12×	1.46×	1.22×	0.55×	0.3×	0.45×
P/S	0.42×	0.42×	0.55×	0.22×	0.18×	0.12×	0.06×	0.07×
EV / EBITDA	94.49×	95.8×	8.11×	9.44×	3.99×	3.31×	5.42×	12.55×
Gross margin	28.7%	25.6%	27.6%	22.3%	24.0%	31.1%	25.0%	18.2%
Operating margin	-0.9%	-1.5%	6.8%	16.2%	6.5%	7.0%	2.4%	0.6%
Net margin	-0.8%	-1.0%	4.4%	1.1%	4.3%	5.4%	0.9%	-0.3%
Current ratio	2.6×	3×	2.24×	2.3×	1.74×	1.45×	1.35×	1.61×
Debt / equity	0.2×	0.16×	0.28×	0.33×	0.69×	0.77×	0.62×	0.58×
Interest coverage	-1.55×	-1.8×	8.59×	0×	0×	0×	0×	0×
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	-1.6%	-2.6%	17.0%	7.1%	29.2%	24.7%	4.5%	-1.8%
Return on invested capital	-1.6%	-3.1%	14.5%	61.1%	19.8%	14.0%	4.5%	2.3%
Return on assets	-1.3%	-2.1%	11.7%	5.0%	13.3%	9.4%	1.7%	-0.9%
Free cash flow yield	-4.6%	20.5%	0.4%	24.7%	-7.5%	-52.1%	-1.4%	-5.4%
Earnings yield	-1.8%	-2.5%	8.0%	4.9%	24.0%	45.2%	15.2%	-4.1%
Enterprise value	₹151.7M	₹172M	₹330.7M	₹203.4M	₹201.6M	₹97.8M	₹49.1M	₹54.5M
Net debt / EBITDA	17.31×	11.98×	0.94×	1.71×	1.43×	1.92×	3.56×	6.89×
Cash conversion cycle (days)	129	96	87	42	63	83	71	75