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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
-31.7%
₹90.80
vs ₹132.98 price
Levered DCF
₹61.44
After debt service
Piotroski score
—
Altman Z-score
—
Rating
D+
Overall 1 / 5
Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

MetricFY2025FY2024
P/E58.18×63.81×
P/B1.51×4×
P/S1.68×4.38×
EV / EBITDA8.96×21×
Gross margin30.0%50.8%
Operating margin5.7%9.5%
Net margin2.9%6.9%
Current ratio2.83×3.35×
Debt / equity0.66×0.76×
Interest coverage0.93×2.28×
Dividend yield0.0%0.0%
Payout ratio0.0%0.0%
Key metrics by fiscal year
MetricFY2025FY2024
Return on equity2.6%6.3%
Return on invested capital2.2%4.8%
Return on assets1.4%3.9%
Free cash flow yield5.2%1.7%
Earnings yield1.7%1.6%
Enterprise value₹8.5B₹20.7B
Net debt / EBITDA1.54×2.16×
Cash conversion cycle (days)118216