Triveni Glass Limited (TRIVENIGQ.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

-274.5%

-₹14.68

vs ₹8.41 price

Levered DCF

-₹14.76

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

-3.35

Distress zone

Rating

C-

Overall 1 / 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	-9.31×	163.43×	10.09×	16.55×	-0.63×	101.81×	0.3×	5.55×
P/B	-0.45×	-0.98×	-1.96×	-1.57×	-1.29×	0.34×	0.25×	-0.37×
P/S	0×	0×	6.35×	6.22×	0×	0×	0.08×	0.21×
EV / EBITDA	-36.34×	-38.03×	15.34×	27.2×	-1.11×	279.29×	1.59×	17.68×
Gross margin	0.0%	0.0%	99.1%	97.1%	0.0%	0.0%	29.7%	27.1%
Operating margin	0.0%	0.0%	-32.9%	-61.3%	0.0%	0.0%	-5.9%	-6.6%
Net margin	0.0%	0.0%	62.9%	37.6%	0.0%	0.0%	26.3%	3.7%
Current ratio	0.15×	0.17×	0.19×	0.12×	0.15×	0.09×	0.09×	0.18×
Debt / equity	-1.21×	-1.27×	-1.27×	-1.08×	-0.99×	1×	1.04×	-1.7×
Interest coverage	-5,660×	-910.1×	-7.92×	-453.97×	-447.08×	-34.48×	-5.39×	-1.24×
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	4.8%	-0.6%	-19.5%	-9.5%	204.9%	0.3%	82.3%	-6.6%
Return on invested capital	-34.7%	-22.7%	-38.2%	-185.0%	1139.3%	-2.0%	-9.1%	-16.9%
Return on assets	-11.8%	1.3%	39.4%	29.0%	-562.9%	0.1%	21.7%	2.5%
Free cash flow yield	-3.8%	-3.7%	-4.2%	-3.6%	-269.5%	1.6%	39.6%	130.4%
Earnings yield	-10.7%	0.6%	9.9%	6.0%	-159.2%	1.0%	329.8%	18.0%
Enterprise value	₹255.9M	₹331.4M	₹476.6M	₹466.8M	₹438.6M	₹253.9M	₹243.4M	₹717.2M
Net debt / EBITDA	-26.48×	-21.47×	6.01×	11.11×	-0.48×	209.05×	1.28×	14.52×
Cash conversion cycle (days)	-862	-1,080	-2,019	-2,986	-1,542	-66,991	-6	-6