Talbros Engineering Limited (TALBROSENG.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

-238.0%

-₹836.13

vs ₹606.00 price

Levered DCF

-₹927.50

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

—

Rating

Overall 3 / 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	10.36×	13.1×	16.94×	8.58×	8.68×	7.31×	7.7×	11.27×
P/B	1.66×	1.71×	2.23×	2×	2.07×	1.09×	0.51×	1.41×
P/S	0.56×	0.59×	0.74×	0.54×	0.55×	0.33×	0.14×	0.31×
EV / EBITDA	7.04×	7.96×	9.49×	6.08×	6.27×	5.28×	5.22×	6.66×
Gross margin	40.0%	48.1%	15.4%	15.5%	16.2%	13.6%	21.1%	21.2%
Operating margin	9.0%	39.9%	8.2%	10.0%	10.5%	8.4%	5.2%	6.8%
Net margin	5.4%	4.5%	4.3%	6.3%	6.3%	4.5%	1.9%	2.8%
Current ratio	1.21×	1.24×	1.34×	1.33×	1.27×	1.12×	1.03×	1.07×
Debt / equity	0.81×	0.86×	0.83×	0.85×	1.06×	1.06×	1.14×	1.41×
Interest coverage	3.87×	15.14×	3.5×	4.78×	4.35×	3.44×	1.57×	2.58×
Dividend yield	0.4%	0.5%	0.6%	0.4%	0.4%	0.0%	3.0%	1.1%
Payout ratio	4.4%	6.3%	10.0%	3.6%	3.4%	0.0%	23.0%	12.8%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	16.0%	13.1%	13.2%	23.4%	23.9%	14.9%	6.6%	12.5%
Return on invested capital	10.6%	45.2%	9.8%	14.8%	14.3%	9.8%	6.7%	7.9%
Return on assets	7.6%	6.0%	6.2%	10.2%	9.0%	5.7%	2.5%	3.9%
Free cash flow yield	-2.7%	2.8%	-2.3%	-5.8%	-4.9%	9.8%	4.2%	-6.0%
Earnings yield	9.7%	7.6%	5.9%	11.7%	11.5%	13.7%	13.0%	8.9%
Enterprise value	₹4.5B	₹4B	₹4.1B	₹3.4B	₹2.9B	₹1.5B	₹997.9M	₹1.6B
Net debt / EBITDA	2.31×	2.65×	2.57×	1.8×	2.12×	2.54×	3.6×	3.3×
Cash conversion cycle (days)	110	135	97	82	91	86	86	98