Tirth Plastic Ltd. (TIRTPLS.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

+204.3%

₹95.80

vs ₹31.48 price

Levered DCF

₹49.72

After debt service

Piotroski score

—

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	29.65×	625×	4,747.45×	-7.75×	-9.06×	31×	-1.45×	0×
P/B	4.01×	4.68×	9.49×	0.06×	0.06×	0.06×	0.18×	0×
P/S	1.17×	0×	0×	0×	1.58×	0×	6.92×	0×
EV / EBITDA	24.09×	820.57×	-282.46×	4.9×	5.35×	4.67×	-1.09×	0×
Gross margin	6.0%	0.0%	0.0%	0.0%	4.2%	0.0%	24.1%	0.0%
Operating margin	4.8%	0.0%	0.0%	0.0%	-108.6%	0.0%	-595.5%	0.0%
Net margin	4.0%	0.0%	0.0%	0.0%	-17.5%	0.0%	-475.7%	0.0%
Current ratio	1.2×	4.57×	3.08×	2.49×	2.69×	3.01×	5.93×	3.96×
Debt / equity	0×	0×	0.06×	0×	0×	0×	0×	0×
Interest coverage	4,615×	0×	0×	0×	0×	0×	0×	0×
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	13.6%	0.6%	0.2%	-0.8%	-0.6%	0.2%	-12.6%	0.0%
Return on invested capital	13.6%	-3.2%	-3.2%	-4.3%	-3.9%	0.2%	-15.8%	0.0%
Return on assets	4.2%	0.5%	0.2%	-0.7%	-0.5%	0.2%	-10.5%	0.0%
Free cash flow yield	0.0%	1.5%	-1.9%	-32.6%	21.0%	-77.8%	-58.8%	0.0%
Earnings yield	3.4%	0.1%	0.0%	-12.9%	-11.0%	4.2%	-68.7%	0.0%
Enterprise value	₹111.3M	₹110M	₹228.5M	-₹980K	-₹813.3K	₹270.7K	₹3.3M	-₹719K
Net debt / EBITDA	-0.15×	-9.78×	-1.08×	12.65×	14.43×	-19.12×	0.36×	0×
Cash conversion cycle (days)	93	0	0	0	10,757	0	16,686	0