UGRO Capital Limited (UGROCAP.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

-10226.7%

-₹7,073.50

vs ₹69.85 price

Levered DCF

-₹46,287.00

After debt service

Piotroski score

4 / 9

Average

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	7.75×	11.03×	18.05×	25.99×	82.38×	28.13×	38.81×	168.38×
P/B	0.47×	0.81×	1.47×	1.03×	1.21×	0.85×	0.82×	0.39×
P/S	0.92×	1.72×	2.99×	2.08×	4.38×	6.05×	10.59×	214.46×
EV / EBITDA	-774.45×	32.02×	30.42×	38.71×	84.39×	57.11×	77.3×	-11.07×
Gross margin	15.1%	13.3%	14.1%	13.9%	23.3%	36.9%	25.3%	-1743.5%
Operating margin	-5.7%	-9.3%	-10.5%	-9.0%	3.0%	10.3%	-38.8%	-3172.0%
Net margin	11.9%	14.9%	16.9%	8.2%	5.4%	21.5%	27.2%	343.2%
Current ratio	148.28×	1.4×	62.38×	134.94×	1.22×	4.22×	2.73×	24.24×
Debt / equity	3.74×	3.37×	3.24×	3.2×	1.89×	0.83×	0.28×	0.04×
Interest coverage	0×	-7.45×	-13.88×	-8.67×	3.48×	7.23×	-12.4×	-35.19×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.8%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	50.2%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	6.0%	7.0%	8.3%	4.0%	1.5%	3.0%	2.1%	0.6%
Return on invested capital	-0.3%	-1.0%	-0.6%	-0.4%	0.2%	0.8%	-2.3%	-5.6%
Return on assets	1.2%	1.6%	1.9%	0.9%	0.5%	1.6%	1.6%	0.6%
Free cash flow yield	12.6%	-150.7%	-72.8%	-124.4%	-97.7%	-44.5%	-106.6%	-44.8%
Earnings yield	12.9%	8.7%	5.7%	3.9%	1.2%	3.6%	2.6%	1.6%
Enterprise value	₹108.5B	₹83.7B	₹66.8B	₹41.2B	₹29.4B	₹14.7B	₹10B	-₹483.6M
Net debt / EBITDA	-677.68×	25.67×	20.8×	29.19×	50.69×	25.79×	18.73×	-67.55×
Cash conversion cycle (days)	-13	21	3,592	3,234	1,049	1,223	2,765	5,760