Suryaamba Spinning Mills Limited (SURYAAMBA.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

+64.8%

₹189.95

vs ₹115.25 price

Levered DCF

₹164.27

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

2.9

Grey zone

Rating

Overall 2 / 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	10.5×	33.93×	26.13×	6.14×	3.65×	4.72×	2.19×	5.39×
P/B	0.49×	0.63×	0.74×	0.8×	1×	0.52×	0.33×	0.63×
P/S	0.15×	0.19×	0.21×	0.2×	0.24×	0.16×	0.07×	0.11×
EV / EBITDA	4.44×	5.37×	6.12×	4.16×	3.71×	4.13×	2.98×	4.15×
Gross margin	23.0%	40.0%	24.9%	26.4%	37.3%	40.7%	12.9%	12.1%
Operating margin	3.4%	3.1%	3.4%	5.9%	9.8%	6.9%	7.6%	5.8%
Net margin	1.5%	0.5%	0.8%	3.2%	6.4%	3.4%	3.2%	2.0%
Current ratio	1.61×	1.5×	1.48×	1.35×	1.25×	1.19×	1.09×	1.02×
Debt / equity	0.47×	0.53×	0.7×	0.74×	0.92×	1.03×	1.15×	1.46×
Interest coverage	1.91×	1.47×	1.3×	2.6×	4.67×	1.96×	2.18×	1.64×
Dividend yield	0.9%	0.7%	0.6%	0.6%	0.2%	1.0%	3.1%	1.9%
Payout ratio	9.6%	25.0%	16.7%	3.7%	0.8%	4.7%	6.8%	10.3%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	4.6%	1.9%	2.8%	13.1%	27.3%	11.0%	15.1%	11.6%
Return on invested capital	4.8%	2.5%	4.7%	9.5%	15.7%	8.3%	10.2%	9.4%
Return on assets	2.5%	1.0%	1.4%	5.8%	11.1%	4.1%	5.4%	3.5%
Free cash flow yield	9.9%	26.3%	26.2%	8.0%	-12.4%	39.7%	34.1%	66.6%
Earnings yield	9.5%	2.9%	3.8%	16.3%	27.4%	21.2%	45.7%	18.6%
Enterprise value	₹624.8M	₹731.1M	₹886.2M	₹933.9M	₹1B	₹580.1M	₹508.2M	₹612.9M
Net debt / EBITDA	2.17×	2.45×	2.96×	2×	1.78×	2.7×	2.31×	2.91×
Cash conversion cycle (days)	69	69	59	55	74	94	46	44