TAAL Tech Ltd (TAALTECH.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

-91.4%

₹86.93

vs ₹1,010.00 price

Levered DCF

₹41.26

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	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	76.86×	16.66×	22.77×	16.54×	15.93×	4.52×	1.83×	4.61×
P/B	17.78×	3.98×	5.21×	4.16×	5.15×	1.89×	0.63×	1.71×
P/S	22.08×	4.39×	4.53×	3.25×	3.93×	1.37×	0.24×	0.56×
EV / EBITDA	73.06×	10.97×	14.2×	9.85×	9.43×	2.94×	0.88×	1.95×
Gross margin	41.5%	39.6%	38.8%	42.1%	36.6%	33.5%	32.5%	36.2%
Operating margin	41.4%	28.7%	22.3%	24.1%	29.9%	21.7%	21.2%	25.0%
Net margin	28.7%	26.4%	19.9%	19.6%	24.7%	30.3%	13.3%	12.1%
Current ratio	9.49×	9.62×	7.17×	5.09×	3.69×	6.36×	2.78×	2.53×
Debt / equity	0×	0.02×	0.04×	0.08×	0.09×	0×	0.16×	0.01×
Interest coverage	0×	81.14×	20.61×	21.89×	19.1×	21.78×	15.88×	67.31×
Dividend yield	0.5%	1.0%	0.0%	1.4%	1.6%	4.3%	0.0%	7.0%
Payout ratio	35.7%	16.0%	0.0%	22.5%	25.9%	19.6%	0.0%	32.1%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	23.1%	23.9%	22.9%	25.2%	32.3%	41.7%	34.2%	37.1%
Return on invested capital	25.3%	18.7%	18.2%	20.3%	24.5%	20.2%	28.2%	41.4%
Return on assets	20.9%	21.4%	19.5%	20.0%	23.1%	28.7%	18.0%	21.8%
Free cash flow yield	0.4%	9.3%	3.7%	3.6%	5.0%	27.6%	69.8%	27.4%
Earnings yield	1.3%	6.0%	4.4%	6.0%	6.3%	22.1%	54.6%	21.7%
Enterprise value	₹43.4B	₹8B	₹8.3B	₹5.1B	₹4.9B	₹1.2B	₹292.6M	₹727.9M
Net debt / EBITDA	-0.28×	-0.19×	-0.23×	-0.22×	-0.3×	-0.53×	-0.07×	-0.29×
Cash conversion cycle (days)	108	83	85	101	84	151	79	55