Sterling Powergensys Limited (STERPOW.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

+11440.3%

₹2,641.57

vs ₹22.89 price

Levered DCF

₹1,199.57

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

2.96

Grey zone

Rating

B+

Overall 3 / 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	10.33×	97.89×	2.93×	-9.28×	94.5×	-5.56×	-11.76×	-8.88×
P/B	7.35×	56.2×	58.51×	-2.5×	-5.02×	-2.4×	-4.23×	-6.65×
P/S	0.43×	1.45×	1.21×	19.92×	31.01×	16.59×	0.55×	6.16×
EV / EBITDA	13.43×	55.71×	3.19×	-43.07×	30.31×	-16.67×	-59.73×	-36.87×
Gross margin	6.6%	3.4%	0.3%	-36.4%	-156.1%	-98.2%	-2.2%	-40.8%
Operating margin	3.6%	-7.8%	-9.2%	-158.1%	-257.0%	-158.9%	-3.7%	-54.4%
Net margin	4.1%	1.5%	41.2%	-214.5%	33.2%	-298.9%	-4.7%	-69.2%
Current ratio	1.22×	1.11×	1.11×	1.12×	1.13×	1.16×	1.1×	1.05×
Debt / equity	1.62×	7.74×	17.07×	-2.01×	-2.75×	-1.47×	-1.89×	-2.9×
Interest coverage	6.13×	-8.34×	-4.46×	-2.77×	-5.99×	-2.33×	-3.6×	-2.83×
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	71.2%	58.0%	1996.0%	26.9%	-5.4%	43.2%	36.0%	74.7%
Return on invested capital	16.5%	-32.0%	-22.0%	-17.4%	-21.6%	-13.0%	-8.8%	-11.2%
Return on assets	5.9%	0.9%	15.0%	-4.8%	0.6%	-7.0%	-2.5%	-6.2%
Free cash flow yield	-1.9%	-5.9%	-6.9%	3.1%	-1.4%	-13.7%	-4.3%	0.9%
Earnings yield	9.7%	1.0%	34.1%	-10.8%	1.1%	-18.0%	-8.5%	-11.2%
Enterprise value	₹124.2M	₹208.1M	₹102.3M	₹118.3M	₹149.1M	₹98.5M	₹88.5M	₹88.2M
Net debt / EBITDA	2.43×	6.72×	0.6×	-19.14×	10.73×	-6.32×	-18.43×	-11.15×
Cash conversion cycle (days)	7	-55	-108	7,149	10,547	-2,386	179	2,230