Swan Corp Limited (SWANCORP.NS) 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

-5637.4%

-₹13,179.65

vs ₹238.01 price

Levered DCF

-₹14,036.40

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 ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021
P/E	38.09×	17.94×	60.05×	-84.84×	-30.07×
P/B	1.38×	1.85×	2.88×	2.47×	3.81×
P/S	2.39×	2.76×	3.63×	4.02×	10.46×
EV / EBITDA	21.1×	9.17×	21.52×	44.49×	112.02×
Gross margin	1.9%	14.6%	20.3%	24.0%	28.4%
Operating margin	-7.5%	-6.4%	14.4%	8.3%	-7.7%
Net margin	6.3%	15.4%	6.0%	-2.6%	-34.8%
Current ratio	1.91×	2.14×	3.13×	1.13×	1.41×
Debt / equity	0.3×	0.4×	0.56×	2.21×	3.31×
Interest coverage	-4.03×	-1.85×	3.24×	0.53×	-0.19×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.1%
Payout ratio	1.2%	0.4%	0.9%	-7.4%	-1.5%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021
Return on equity	3.6%	10.3%	4.8%	-1.6%	-12.7%
Return on invested capital	-2.1%	-1.5%	5.9%	1.3%	-0.5%
Return on assets	2.0%	5.6%	2.5%	-0.4%	-2.5%
Free cash flow yield	-2.1%	-15.6%	-2.3%	-56.1%	-9.7%
Earnings yield	2.6%	5.6%	1.7%	-0.6%	-3.3%
Enterprise value	₹120.3B	₹163.8B	₹203.5B	₹105.3B	₹79.6B
Net debt / EBITDA	2.8×	1.58×	2.39×	20.66×	45.2×
Cash conversion cycle (days)	197	191	170	239	169