Tarapur Transformers Limited (TARAPUR.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

-133.8%

-₹4.43

vs ₹13.10 price

Levered DCF

-₹4.39

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

—

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	-25.4×	4.01×	-12.34×	-0.2×	1.29×	-0.26×	-0.54×	12.11×
P/B	-25.19×	101.79×	-1.01×	-0.38×	0.93×	2.9×	0.19×	0.23×
P/S	0×	647,470.26×	96.42×	1.57×	3.12×	4.29×	0.47×	0.76×
EV / EBITDA	85.01×	4.08×	-931×	-1.55×	5.92×	-1.53×	-5.37×	17.33×
Gross margin	0.0%	-732500.0%	-732.5%	-10.7%	4.5%	-12.9%	-2.1%	-9.2%
Operating margin	0.0%	-10855400.0%	-893.8%	-662.5%	309.8%	-1765.6%	-72.3%	-22.4%
Net margin	0.0%	16150100.0%	-781.1%	-783.5%	241.8%	-1675.3%	-85.8%	6.3%
Current ratio	0.57×	0.52×	0.44×	0.44×	1.02×	0.78×	1.33×	1.42×
Debt / equity	-4.62×	16.21×	-2.3×	-2.44×	4.19×	13.68×	1.11×	0.89×
Interest coverage	-1.14×	-8.33×	-4.01×	-84.79×	122.68×	-2,420.22×	-571.98×	-69.4×
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	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	99.2%	2538.9%	8.2%	189.1%	72.3%	-1132.9%	-35.4%	1.9%
Return on invested capital	-15.5%	-98.1%	-7.2%	-111.2%	17.8%	-81.3%	-14.1%	-3.5%
Return on assets	-15.9%	135.1%	-5.7%	-121.4%	10.3%	-51.2%	-14.3%	0.9%
Free cash flow yield	0.0%	39.5%	-0.8%	-244.9%	-16.6%	-10.2%	-92.2%	-23.7%
Earnings yield	-3.9%	24.9%	-8.1%	-500.5%	77.6%	-390.3%	-184.5%	8.2%
Enterprise value	₹554.4M	₹749.1M	₹500.9M	₹406M	₹433.6M	₹389.1M	₹376.8M	₹437.4M
Net debt / EBITDA	13.09×	0.55×	-644.43×	-1.34×	4.84×	-1.26×	-4.58×	13.77×
Cash conversion cycle (days)	-65	-24	32,126	-108	3,664	3,541	715	-105